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☆ I retired in my 30s with a net worth of $2.5 million over a decade ago. Now, I'm going back to work at 46.
▼ + stars: | 2024-06-12 | by ( Lauren Crosmedlicott | ) www.businessinsider.com time to read: +8 min

Read previewThis as-told-to essay is based on a conversation with Sam Dogen, a 46-year-old in San Francisco. It was easy to save money because I was working so muchI started saving only a month after starting at Goldman Sachs. A promotion and move to San Francisco got me on the property ladderIn June 2001, I was recruited to join Credit Suisse and moved to San Francisco. In 2005, I bought a house for $1,520,000 in San Francisco and rented my condo until I sold it in 2017. Having kids took up a lot of our passive income budgetOnce our son was born in 2017, we began spending more of our passive income.

Persons: —, Sam Dogen, I'd, Mary, Goldman Sachs, San Francisco, I've, I'm Organizations: Service, Business, College of William, San, Credit Suisse Locations: San Francisco, Virginia, USA, Manhattan

☆ Climate and Kathy Hochul’s Pause on New York Congestion Pricing - The New York Times
▼ + stars: | 2024-06-12 | by ( David Wallace-Wells | ) www.nytimes.com time to read: +2 min

Kathy Hochul, a Democrat, who announced her unilateral decision about the suspension last week: perhaps slightly better chances for New York Democrats in a couple of fall congressional races. Tax coffers have rebounded, too, to the extent that the city canceled a raft of planned budget cuts. The one obvious measure by which the city has not mounted a full pandemic comeback is subway ridership — a measure that congestion pricing would have helped and pausing it is likely to hurt. In announcing the pause, she also expressed concern for the financial burden the $15 surcharge would impose on working New Yorkers, though the city’s working class was functionally exempted from the toll by a rebate system for those with an annual income of $60,000 or less. But each of them was within spitting distance of Grand Central, where an overwhelming share of foot traffic — and commercial value — comes from commuters using mass transit.

Persons: Kathy Hochul, Hakeem Jeffries, Hochul, she’d Organizations: New, Metropolitan Transportation Authority, Democrat, New York Democrats, New York Republicans, Grand Central Locations: York, New York State, Manhattan, New York City, Grand

☆ For Some Investors, Aging and Empty Office Buildings Aren’t a Bad Thing
▼ + stars: | 2024-06-12 | by ( Matthew Goldstein | ) www.nytimes.com time to read: +1 min

A perfect storm of plunging property values for aging buildings, weak tenant demand coming out of the pandemic and high interest rates for new loans and refinancing has left the $2.4 trillion office building sector wobbling. For some real estate investors, that may be a good thing. In April, a little-known firm, Yellowstone Real Estate Investments, paid $185 million for 1740 Broadway, a storied office tower near Columbus Circle in Manhattan. And this week, two real estate firms snapped up a Midtown Manhattan tower for less than $50 million, according to Bloomberg. Even though these are relatively small buyers, their emergence is a sign of the pain building in the U.S. commercial real estate market.

Persons: Blackstone Organizations: Estate Investments, Bloomberg Locations: Manhattan, Yellowstone, Columbus, Midtown Manhattan, U.S

☆ Trump and Biden campaigns go head-to-head with rival fundraisers in London
▼ + stars: | 2024-06-12 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +2 min

Donald Trump pictured with right-wing British politician Nigel Farage during a campaign rally at the Mississippi Coliseum on Aug. 24, 2016. LONDON — Supporters of U.S. presidential candidates Donald Trump and Joe Biden will put their money where their mouths are at two rival fundraising events in London on Wednesday. "It seems to be the worst kept secret in London," Greg Swenson, spokesperson for Republicans Overseas UK, a campaign group for Trump's party, told CNBC over the phone. In the days after a Manhattan jury convicted the former president of 34 felony counts last month, the Trump campaign said it raised $141 million in donations. The pair have been visibly associated with Trump and Farage since at least April 2022, when Farage tweeted a picture of the group after a meal at Mar-a-Lago.

Persons: Donald Trump, Nigel Farage, Joe Biden, Donald Trump Jr, Kimberly Guilfoyle, Holly Valance, Nick Candy, Greg Swenson, Swenson, Trump, Farage, Matthew Elliott, Valance —, — Organizations: Mississippi Coliseum, LONDON, U.S, Fox News, Republican, Republicans Overseas UK, CNBC, Trump, Reform, Financial Times, Guardian, Reform UK Locations: British, London, Australian, Chelsea, Knightsbridge, U.S

☆ At Stellantis investor day, cost cuts and China come into focus
▼ + stars: | 2024-06-12 | by ( Michael Wayland | ) www.cnbc.com time to read: +6 min

Massimo Pinca | ReutersDETROIT – Since spearheading a merger to create Stellantis in 2021, CEO Carlos Tavares has been on a cost-cutting mission. "We are not in the race to transition to EVs, but in a race to cut cost on EVs," Tavares said in late May during a Bernstein investor conference. The cuts are part of Stellantis' strategic plan to increase profits and double revenue to 300 billion euros by 2030. Executives on Thursday will outline developments across Stellantis' regions and businesses, including its capital and operational disciplines, according to Stellantis CFO Natalie Knight. "The share price reaction to the [capital markets day] will likely be driven by how these short-term concerns are addressed.

Persons: Carlos Tavares, Massimo Pinca, Tavares, " Tavares, Stellantis, Ned Curic, EVs, I've, Natalie Knight, David Dee Delgado, Ram, China's, Patrick Hummel Organizations: Reuters DETROIT, Atlantic, PSA Groupe, Fiat Chrysler, Ram, CNBC, Amazon, New York, Auto, Reuters, Cox Automotive, UBS, GM, Ford Locations: Turin, Italy, U.S, Auburn Hills , Michigan, Manhattan , New York, China

☆ Hunter Biden conviction shatters Trump’s persecution narrative
▼ + stars: | 2024-06-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

In his first reaction to the verdict, Hunter Biden didn’t attack the judge or prosecutors, simply saying he was grateful for the love and support of his family and blessed to be clean again. The Hunter Biden verdict also contradicted the central rationale of Trump’s multiple legal defenses in his four criminal cases, several civil matters and his entire presidential campaign. “So much for the weaponization of the Justice Department to go after just the enemies of the other side,” Michael Zeldin, a former senior Justice Department official and federal prosecutor, said on CNN Max on Tuesday. Stephen Miller, Trump’s former White House domestic policy adviser, argued that the Justice Department had actually shown favoritism toward Hunter Biden by not charging him with 50 felonies over foreign influence peddling. “Hunter Biden just became the Deep State’s sacrificial lamb to show that Justice is ‘balanced’ while the other Biden crimes remain ignored,” she wrote on X.

Persons: Joe Biden, Donald Trump, Biden, Hunter, “, ”, Hunter Biden, Trump, ” Trump, Phil McGraw, couldn’t, ” Michael Zeldin, CNN Max, General Merrick, Garland, David Weiss, Weiss, “ Hunter Biden, ” Ken Buck, CNN’s Erin Burnett, ” Julian Zelizer, he’s, who’s, He’s, ” Zelizer, Democratic Sen, Robert Menendez, Henry Cuellar, Jamie Raskin, James Comer, Big Guy, ” Comer, Mike Johnson, Stephen Miller, Trump’s, ” Miller, Marjorie Taylor Greene, baselessly Organizations: CNN, Justice Department, Fox News, Trump, Democratic, Department, White House, Republican, Justice, Princeton University, “, Robert Menendez of New, Biden, Maryland Democrat, Kentucky Republican, Big, Louisiana Republican, BIG, Georgia Locations: America, Manhattan, Delaware, Robert Menendez of, Robert Menendez of New Jersey, New York, Henry Cuellar of Texas, Mexican, United States, Kentucky, Ukraine, China, Louisiana

☆ Blackstone in deal to expand its Manhattan headquarters by 30% in the latest sign of growth
▼ + stars: | 2024-06-12 | by ( Daniel Geiger | Alex Nicoll | ) www.businessinsider.com time to read: +1 min

Blackstone is in a deal to grow its Manhattan HQ by 30% as its head count balloons. Last year, the private-equity giant reached $1 trillion in assets under management. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAlmost a year since hitting $1 trillion in assets under management, Blackstone is gearing up for more growth. The expansion plans come amid rapid-fire growth for the private-equity giant, which has boosted its head count by about 50% in recent years.

Persons: Blackstone, — Organizations: Service, Business Locations: Manhattan

☆ Japanese architect Fumihiko Maki, credited with fusing East with West, has died at 95
▼ + stars: | 2024-06-12 | by ( Associated Press | ) edition.cnn.com time to read: +4 min

Tokyo (AP) — Japanese architect Fumihiko Maki, who won the prestigious Pritzker Prize for designs praised as smartly and artfully fusing the East with the West, has died. Maki, who taught architecture and urban design at Harvard, died June 6, his office, Maki & Associates, said Wednesday. A devoted educator, Maki, in addition to teaching at Washington University, Harvard and the University of Tokyo, lectured around the world. Maki, along with fellow Tange students Arata Isozaki and Kisho Kurokawa, were the pillars of Japanese modernism. The Pritzker, in selecting Maki, praised him as part of a new wave of architects rebuilding postwar Japan.

Persons: Fumihiko Maki, Pritzker, Maki, Mark Lennihan, Zaha Hadid, Kengo Kuma, Skidmore Owings, St . Louis, oku, ” Maki, “, Kenzo Tange, Arata Isozaki, Kisho Kurokawa, Bill Lacy, Arnold Brunner Organizations: Tokyo, Harvard, Associates, National Museum of Modern Art, Yerba Buena Center, Arts, Trade, Trade Center, Pritzker, University of Tokyo, Cranbrook Academy of Art, Harvard University Graduate School of Design, Skidmore, Jackson & Associates, Washington University, Washington University , Harvard, MIT Press, American Academy of Arts, American Institute of Architects, AIA Locations: Kyoto, U.S, San Francisco, New York, Chiba, Japan, Hillside, Tokyo, Manhattan, British, Iraqi, Michigan, Merrill, Chicago, Sert, Cambridge, St ., Israel

☆ Why ‘the Line’ in Saudi Arabia Is So Fraught - The New York Times
▼ + stars: | 2024-06-11 | by ( Philip Oldfield | ) www.nytimes.com time to read: +1 min

According to one estimate, the world will build the equivalent of a New York City every month from 2020 to 2060. The United Nations estimates 96,000 affordable units should be built a day to house the three billion people who will need them by 2030. Egypt is constructing a capital east of Cairo for 6.5 million residents featuring Africa’s tallest skyscraper. To take the pressure off Greater Jakarta’s 30 million residents squeezed by rising seas, Indonesia is building a new capital on the island of Borneo. Though the government recently scaled back the first phase of construction, it has allocated billions of dollars for the project, which could one day house some nine million people.

Persons: we’re Organizations: United Nations Locations: New York City, Egypt, Cairo, Jakarta’s, Indonesia, Borneo, Saudi, Manhattan

☆ Inside the Goldman Sachs' 2024 summer internship: From the first-day jitters to David Solomon's words of wisdom
▼ + stars: | 2024-06-11 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +9 min

It was Monday, June 10, the first day of Goldman Sachs' 2024 summer internships at its Manhattan headquarters. Goldman Sachs received a record 315,126 applications for its 2024 internship program, up severalfold from the 53,107 applications it received a decade ago. Goldman interns mingle Emmalyse BrownsteinDay 1 began with basics like how to access their Goldman email account and log into their company dashboards. For lunch, the bank served sandwiches and wraps and displayed chocolate-covered cookies emblazoned with the Goldman Sachs logo for dessert. See Solomon's full letter to interns below:AdvertisementJune 11, 2024 Welcome to Goldman Sachs On behalf of our people around the world, welcome to Goldman Sachs.

Persons: Goldman, Goldman Sachs, David Solomon, Chocolate, JPMorgan Chase, Emmalyse, Solomon, Will Bousquette, Jean Altier, Lou D'Ambrosio, Dan Dees, David Organizations: Service, Business, tote, JPMorgan, Goldman, BI, Invest Locations: Manhattan, New York City, New York, Dallas, San Francisco, Palm, bagels, Hudson

☆ Joe Biden’s agonizing wait as a jury deliberates his son’s fate
▼ + stars: | 2024-06-11 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

The Hunter Biden and Trump cases are vastly different, as is the way the former and current first families have responded to the trials. This is especially significant since Hunter Biden could face up to 25 years in prison if convicted, although a sentence for a first-time offender is unlikely to be that severe. The Hunter Biden trial is the latest cruel twist in the story of a family that has endured more tragedies than most could bear. The infringements on the Biden family’s dignity and privacy cut deep during the trial, which saw discomforting testimony about Hunter Biden’s former cocaine addiction. Media organizations, meanwhile, played an excerpt from Hunter Biden’s audio book that chronicles his spiral into addiction that was used in the prosecution case.

Persons: CNN —, Donald Trump, Joe Biden, Hunter, Trump, Hunter Biden, He’s, Nelson Mandela, WITCH HUNT, ” Trump, Eric, Donald Jr, Mike Johnson —, GOP nominee’s, Melania Trump, Biden, Jill Biden, Leo Wise, “, ” Wise, ”, —, Beau, It’s, Bill Clinton, Roger Clinton, Billy Carter, Jimmy Carter, Beau Biden’s, Hallie, Naomi, “ I’m, Attorney Alvin Bragg, Biden’s, General Merrick Garland, David Weiss, Wise, Joe Organizations: CNN, Biden, Trump, ABC, GOP, Media, Manhattan, Attorney, Republicans Locations: York, Wilmington , Delaware, New York, American, Wilmington, France, Europe, there’s, Mar, Georgia —, Ukraine, China

☆ Nathan's hot dog contest parts ways with champion Joey Chestnut over plant-based frank partnership
▼ + stars: | 2024-06-11 | by ( Ece Yildirim | In Ecedyildirim | ) www.cnbc.com time to read: +2 min

The Nathan's Famous Fourth of July hot dog eating contest will be down one dog this year. Major League Eating announced Tuesday that it's parting ways with 16-time champion Joey "Jaws" Chestnut ahead of this year's competition, hosted by Nathan's Famous . Joey Chestnut holds the Guinness World Record for eating the most hot dogs in 10 minutes, a title he won at the annual hot dog eating contest in 2021. Nathan's Famous Hot Dog Eating Contest in Coney Island, New York, is a Fourth of July tradition and broadcast nationally on ESPN. It's also a marketing strategy for Nathan's Famous, whose signature offering, the hot dog, is on a decline.

Persons: Joey Chestnut, Frankster, Joey, Nathan's, Chestnut, MLE, Richard Shea, It's Organizations: League Eating, CNBC, New York Post, Impossible Foods, Labor, ESPN Locations: Manhattan, New York City , New York, U.S, Coney Island, Coney Island , New York

☆ Pro-Trump media figures dismiss Hunter Biden conviction as ‘fake trial’ to ‘cover up’ other supposed crimes
▼ + stars: | 2024-06-11 | by ( Hadas Gold | ) edition.cnn.com time to read: +4 min

CNN —In the wake of Hunter Biden’s conviction on federal gun charges Tuesday, right-wing media personalities sought to downplay the jury’s decision, falsely claiming the case was a “fake trial” designed to “cover up” other supposed crimes committed by the president and his family. “Hunter Biden guilty. For others in the right-wing sphere, it’s simple; Trump’s case was a political hit job while Hunter Biden’s case was a clear case of someone breaking the law. “Hunter Biden is convicted of an actual crime. “The Hunter Biden gun conviction is kinda dumb tbh,” Florida GOP Rep. Matt Gaetz wrote on X.

Persons: Hunter Biden’s, “ Hunter Biden, Charlie Kirk, Biden, Joe Biden, Hunter, Jack Posobiec, Donald Trump’s, Trump, Joe Biden’s, Donald Trump Jr, “, ”, ” Monica Crowley, Donald Trump, Jeanine Pirro, Pirro, Hunter Biden, Bob Good, Mark Levin, Matt Gaetz Organizations: CNN, Trump, Real America’s Voice, Biden, Trump Jr, Fox News, Virginia, Caucus, Florida GOP Locations: Ukraine, China, Russia, New York, America, Delaware, Manhattan, Florida

☆ Hunter Biden guilty in criminal gun trial
▼ + stars: | 2024-06-11 | by ( Dan Mangan | ) www.cnbc.com time to read: +5 min

watch nowA jury convicted Hunter Biden, son of President Joe Biden, of all three counts at his criminal gun trial in Delaware federal court on Tuesday morning. Hunter Biden looked straight ahead at the jury and nodded slightly as three guilty verdicts were read, eight days after the trial began and after only about three hours of jurors deliberating. Hunter Biden, son of U.S. President Joe Biden, departs from the J. Caleb Boggs Federal Building on June 3 2024, in Wilmington, Delaware. President Biden is due to speak about gun control at an event on Tuesday afternoon. Hunter Biden, son of U.S. President Joe Biden, and his wife Melissa Cohen Biden and U.S. first lady Jill Biden leave the federal court after the jury finds him guilty on all three counts in his trial on criminal gun charges, in Wilmington, Delaware, U.S., June 11, 2024.

Persons: Hunter Biden, Joe Biden, Biden, Donald Trump —, —, Stormy Daniels, Jill Biden, Valerie Biden Owens, Biden's, Melissa Cohen Biden, Caleb Boggs, Anna Moneymaker, Kathleen Buhle, Hallie Biden, Beau Biden, Hunter's, Hunter, Melissa, God, Abbe Lowell, Maryellen Noreika, Noreika, Lowell, today's, Hannah Beier, Jill, Trump Organizations: ABC, U.S, Reuters, Republican Trump Locations: Delaware, November's, New York, Wilmington , Delaware, U.S, Los Angeles, Manhattan

☆ Trump got special treatment from NYC probation, and defense lawyers are crying foul
▼ + stars: | 2024-06-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

In New York, probation officers talk to the defendant and the prosecutor in separate pre-sentencing interviews in preparation for what's known as a pre-sentencing report. AdvertisementTrump is not getting preferential treatment by being allowed to do his interview via video and with his lawyer, a city spokeswoman told Business Insider. It is true that defendants who are locked up while awaiting sentencing typically do pre-sentencing interviews via video, defense lawyers told Business Insider. But defendants like Trump, who are at liberty, are almost always required to appear alone and in person for their probation interviews, lawyers told BI. "I've never been present at a probation interview," said veteran Legal Aid attorney Sam Roberts.

Persons: —, Donald Trump, Todd Blanche, Trump, it's, Ivette Davila, Richards, it's President Trump, Justice Manhattan Juan Merchan, Blanche, I've, Sam Roberts, he's, Thomas Eddy, there's, Eddy, Blanche wasn't Organizations: Service, of, Business, Associated Press, Legal Aid Society, The Bronx Defenders, Defender Services, Neighborhood, Service of Harlem, it's, New, Justice Manhattan Locations: New York City, Mar, New York, Manhattan, York City, Rochester , New York

☆ 'Put it to rest': DOJ shoots down House Republican conspiracy that it controlled Trump NY case
▼ + stars: | 2024-06-11 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

But Uriarte said there is no evidence showing any coordination between the federal government and Manhattan District Attorney Alvin Bragg, who brought the hush money case against Trump. The DOJ conducted a "comprehensive" search for communications between its leaders and the Manhattan District Attorney's office about any investigation or prosecution of Trump from Jan. 20, 2021, through his May 30 conviction in New York, Uriarte said. "The District Attorney's office is a separate entity from the Department. The Department does not supervise the work of the District Attorney's office, does not approve its charging decisions, and does not try its cases," he said. "The Department has no control over the District Attorney, just as the District Attorney has no control over the Department."

Persons: General Merrick Garland, General Carlos Uriarte, Jim Jordan, Donald Trump, Joe Biden, Uriarte, Attorney Alvin Bragg, Trump Organizations: Department of Justice, Department, CNBC, The, of Justice, Republicans, DOJ, Manhattan, Attorney, Trump, Manhattan District, Jan, District Attorney Locations: Washington ,, New York, Ohio, York

☆ Biden and Trump's reactions to historic trials couldn't be more different
▼ + stars: | 2024-06-11 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Biden reiterated his respect for the judicial process after a Delaware jury found Hunter Biden guilty of three felony counts of lying on gun purchasing forms and unlawfully owning a firearm. Related storiesAfter the Trump verdict, Biden said Americans can't say they respect the rule of law only when they agree with a jury's verdict. "Our justice system has endured for nearly 250 years, and it literally is the cornerstone of America — our justice system. Biden's family, led by first lady Jill Biden, surrounded Hunter Biden almost every day the trial was held. Just hours after the verdict, Biden was set to give a previously scheduled address that will call for stricter gun laws.

Persons: —, Joe Biden, Donald Trump, Biden, Hunter Biden, Hunter, Trump, Jill Biden, Melania Trump, assailing Hunter Biden, Hunter Biden's, Biden's, He's, he's, I'm Organizations: Service, Business, White, Trump, Justice Department, Biden, Manhattan, Republicans, House Republicans Locations: Delaware, Manhattan, America

☆ Billionaire investor Ryan Cohen beats Bed Bath & Beyond shareholder lawsuit
▼ + stars: | 2024-06-11 | by ( ) www.cnbc.com time to read: +2 min

Signage is displayed outside a permanently closed Bed Bath & Beyond retail store in Hawthorne, California, on May 1, 2023. The billionaire activist investor Ryan Cohen won the dismissal on Tuesday of a shareholder lawsuit accusing him of profitably cashing out of Bed Bath & Beyond shares too quickly as the home goods retailer was hurtling toward bankruptcy. Cohen revealed a 9.8% stake in Bed Bath & Beyond in March 2022 and pushed for changes that would include new directors and exploring a sale of the Buy Buy Baby brand. Bed Bath filed for bankruptcy in April 2023, and its common shares were canceled when its Chapter 11 plan became effective in September. The case is In re Bed Bath & Beyond Inc Section 16(b) Litigation, U.S. District Court, Southern District of New York, No.

Persons: Ryan Cohen, Dale Ho, Cohen, Lee Squitieri, Dave Wollmuth, Ho, Todd Augenbaum, Judith Cohen Organizations: Bed, U.S, GameStop, Forbes, Court, Southern District of Locations: Hawthorne , California, Manhattan, Chewy, Bed Bath, Southern District, Southern District of New York

☆ 5 Takeaways From Hunter Biden’s Conviction in a Gun Case
▼ + stars: | 2024-06-11 | by ( Eileen Sullivan | ) www.nytimes.com time to read: +1 min

Hunter Biden, the president’s son, was found guilty on three felony counts related to buying a gun while he was in the throes of drug addiction. His lawyers argued that the special counsel who brought the case, David C. Weiss, had no evidence that Mr. Biden used drugs the day of his purchase or in the surrounding period. Before deciding to convict him on all three charges, the jury heard about Mr. Biden’s spiraling addiction to crack cocaine from women in his life, as well as in Mr. Biden’s own words, which the prosecution shared by using excerpts from the audiobook of his memoir. The verdict in Mr. Biden’s trial came just weeks after former President Donald J. Trump was convicted in a Manhattan courtroom of falsifying business records to cover up a hush-money payment to a porn star. Both trials were surrounded by partisan dynamics and questions about the criminal justice system’s ability to operate without regard to politics.

Persons: Hunter Biden, David C, Weiss, Biden, Biden’s, Donald J, Trump Locations: Manhattan

☆ How to actually enjoy your time at the airport, according to a travel host who flies 100,000 miles a year
▼ + stars: | 2024-06-11 | by ( Joey Hadden | ) www.businessinsider.com time to read: +5 min

Joey Hadden/Business InsiderBrown estimates she's been to more than 90 countries and flies 100,000 miles a year on average. Joey Hadden/Business InsiderFor example, during peak travel seasons like summer, she arrives at the airport three hours before boarding time. Think of the airport as a mallInside an airport terminal in Denver. People walk through a slew of shops and restaurants in an airport terminal. Joey Hadden/Business InsiderPeople-watch to pass the timeOn her long terminal walks, Brown said she loves to people-watch.

Persons: —, Samantha Brown, Brown, Samantha Brown's, Klarna, Joey Hadden, she's, I've, John Greim Organizations: Service, Business, PBS, TSA, JFK Locations: Cambodia, JetBlue's, Denver, Manhattan, NYC

☆ Hunter Biden was always doomed to lose his trial. His best bet is appealing a 'vindictive prosecution.'
▼ + stars: | 2024-06-11 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

Related VideoIn his opening statement at the trial, Biden's lawyer Abbe Lowell urged jurors in the Wilmington, Delaware, federal court to acquit his client. "They know how to put on a tight gun case." Biden's trial was not necessarily a lost cause. Hunter Biden's lawyers have argued this arrangement has perversely allowed Weiss to politicize the proceedings unchecked. This story was updated following the jury verdict in Hunter Biden's gun trial.

Persons: —, Hunter Biden, Biden, Abbe Lowell, Prosecutors, Sarah Krissoff, didn't, Maryellen Noreika, Donald Trump, Lowell, Jared Kushner, Sen, Robert Menendez, John Edwards —, Joe Biden, ROBERTO SCHMIDT, David Weiss, General Merrick Garland, Weiss, Hunter Biden's, Noreika, Trump, Republicans gloated, Hallie Biden, Cozen O'Connor, Duncan Levin, Levin, He's, Krissoff, Evelyn Hockstein, Neama Rahmani, Rahmani Organizations: Service, Business, Alcohol, Tobacco, Firearms, Explosives, AFP, Getty, Trump, Justice, Republicans, Biden's, US, BI, Republican, U.S, U.S . Department of Justice, Hill, REUTERS, Justice Department, West, Creative Locations: Wilmington , Delaware, Manhattan, Delaware, California, New York, Texas

☆ DNC is infusing $2 million into state parties in push to win key down-ballot races and boost voter registration efforts
▼ + stars: | 2024-06-10 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Read previewThe Democratic National Committee is spending nearly $2 million in additional targeted state investments to boost down-ballot candidates and fund critical voter registration efforts ahead of November. In South Dakota, national Democrats are investing $70,000 in a critical voter registration program to boost turnout among Native Americans. The DNC is also investing additional money for state parties in Colorado, Kansas, Maryland, Minnesota, Nebraska, New Mexico, Texas, Utah, and Washington State. AdvertisementSome of the key down-ballot races the national party will target with the funding are the Maryland Senate contest between Democrat Angela Alsobrooks and former GOP Gov. In Texas, the national party will spend an additional $45,000 on organizing efforts to boost voter registration before the fall.

Persons: —, Joe Biden, Jaime Harrison, Donald Trump, Harrison, Angela Alsobrooks, Larry Hogan, Gabe Vasquez, Yvette Herrell, Colin Allred's, Ted Cruz, The Trump Organizations: Service, Democratic National Committee, Business, Republicans, DNC, Indiana Democrats, Washington State, Maryland Senate, GOP Gov, New, Congressional, Democratic, GOP, Republican National Committee, RNC Locations: Indiana, South Dakota, Colorado , Kansas , Maryland, Minnesota , Nebraska, New Mexico , Texas , Utah, Maryland, New Mexico, In Texas, Texas, Manhattan, Montana and Ohio

☆ Live updates: Hunter Biden will not testify at gun trial as jury deliberations loom
▼ + stars: | 2024-06-10 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Hunter Biden, son of U.S. President Joe Biden, and his wife Melissa Cohen Biden arrive at the federal court for his trial on criminal gun charges, in Wilmington, Delaware, U.S., June 10, 2024. The criminal gun trial of Hunter Biden resumed Monday morning with his lawyers revealing that the son of President Joe Biden will not testify in Wilmington, Delaware, federal court. Biden is charged with three crimes related to possessing a handgun while being a drug user. Biden's lawyer Abbe Lowell effectively said he would not take the witness stand during a morning hearing with Judge Maryellen Noreika on proposed jury instructions. Lowell told Noreika to leave the phrase "did not testify" — referring to Biden — in those instructions.

Persons: Hunter Biden, Joe Biden, Melissa Cohen Biden, Biden, Abbe Lowell, Judge Maryellen Noreika, Lowell, Noreika, Donald Trump Organizations: Biden — Locations: Wilmington , Delaware, U.S, York, Manhattan

☆ Delta to launch premium economy service on NYC-LA flights in air travel upsell race
▼ + stars: | 2024-06-10 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Delta Air Lines said Monday that it will bring its premium economy service to transcontinental flights in September, its latest attempt to boost sales of higher-priced tickets to customers willing to splurge for more space and perks. Premium economy is a relatively new class of service that major airlines offer on longer, mostly international flights. Delta customers who purchase standard economy tickets will be able to pay for upgrades to premium economy on the transcontinental flights. The seats were sold as extra legroom tickets, which are a rung below premium economy. Some American Airlines ' shorter domestic flights operate a similar model, featuring lie-flat seats but not the Flagship service offered on international flights.

Persons: John F Organizations: Boeing, Delta Air Lines, JFK International, Delta, JetBlue Airways, Southwest Airlines, Kennedy International Airport, Medallion, American Airlines, Flagship Locations: Dublin, New York, Manhattan, Los Angeles, New

☆ Does New York City Really Need These Giant 5G Towers?
▼ + stars: | 2024-06-10 | by ( Dodai Stewart | ) www.nytimes.com time to read: +1 min

This is Street Wars, a weekly series on the battle for space on New York’s streets and sidewalks. A thrilling glimpse of New York City history is on display at the intersection of West 12th Street and Washington Street in Manhattan. The three-story Federal-style brick building on the southeast corner was built in 1842. So when the city proposed placing a shiny new 5G tower on a corner there, neighbors were not happy. “There is a harm to having these 32-foot tall futuristic towers, often with large video display terminals on them, in residential neighborhoods in historic districts,” he said.

Persons: ”, Andrew Berman Organizations: Washington, Village Preservation, Greenwich Village Locations: New York City, Manhattan, Greenwich, ”

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