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☆ What we're watching when off-price retailer TJX reports this week
▼ + stars: | 2023-11-14 | by ( Paulina Likos | ) www.cnbc.com time to read: +5 min

When TJX Companies (TJX) reports quarterly results this week, we expect the off-price retailer to demonstrate continued momentum on both its top and bottom lines, helped by consumers looking for solid deals in an uncertain economic environment. And we're confident management can deliver a further expansion of gross margins as wary American consumers look for value at TJX's popular off-price chains. "Traffic remains the primary driver for comp in off-price," Barclays said in a recent research note previewing earnings for TJX and peers Ross Stores (ROSS) and Burlington Stores (BURL). Higher profits In addition to delivering higher sales, TJX continues to show improved profitability — a trend we expect to accelerate when the company reports on Wednesday. At the same time, according to Telsey, TJX faces headwinds from incremental store wage and payroll costs.

Persons: TJX, Ross, ROSS, Dana Telsey, Telsey, TJX's, Jim Cramer's, Jim Cramer, Jim, TJ Maxx, Prince George's, Chip Somodevilla Organizations: TJX, Marshalls, LSEG, Barclays, Burlington Stores, Telsey Advisory, CNBC, Shoppers, TJ, Getty Locations: Maxx, TJX, Telsey, Prince, Hyattsville , Maryland

CNN —President Joe Biden said Tuesday that he believes a deal can be reached to release hostages being held by Hamas in Gaza, voicing optimism as officials tell CNN prolonged talks to free hostages are nearing an agreement. The broad parameters that are currently being discussed entail Hamas releasing a large group of hostages at the same time Israel frees Palestinian prisoners. Israel recently asked for 100 hostages to be released, according to a Hamas spokesman and a source familiar with the negotiations. A senior Israeli official told that CNN hostage negotiations are ongoing – and are being handled by Qatar, the CIA, and Israel’s intelligence agency Mossad. Another factor that had slowed talks was a lack of information about the hostages Hamas is holding.

Persons: Joe Biden, “ I’ve, ” Biden, “, it’s, Biden, Jake Sullivan, Hostage Affairs Roger Carstens, Israel, Benjamin Netanyahu, CNN’s Dana Bash, – Organizations: CNN, White, US, National, Hostage Affairs, Israel, Qassam, CIA Locations: Gaza, Israel, Washington ,, Qatar, Israeli

After federal authorities raided the home of Mayor Eric Adams’s chief fund-raiser on Nov. 2, a broad criminal inquiry into the fund-raising practices of Mr. Adams’s 2021 campaign spilled into public view. Federal prosecutors and the F.B.I. are examining whether the campaign conspired with members of the Turkish government, including its consulate in New York, to receive illegal donations, according to a search warrant obtained by The New York Times. Here’s what we know about the investigation. The full scope of the federal criminal inquiry is not yet clear, but the investigation has focused at least in part on whether Mr. Adams’s 2021 campaign conspired with the Turkish government and Turkish nationals to receive illegal donations.

Persons: Eric Adams’s, Adams’s, Adams Organizations: The New York Times Locations: Turkish, New York

☆ Rashida Tlaib, Censured by the House, Is Praised and Condemned at Home
▼ + stars: | 2023-11-13 | by ( Charles Homans | More About Charles Homans | ) www.nytimes.com time to read: +5 min

But those vigils have told starkly differing stories about the war, and also about Rashida Tlaib, who represents the area and is the only Palestinian American in Congress. Khalid Turaani, a Palestinian-American activist, compared Ms. Tlaib’s censure to that of Joshua Reed Giddings, a congressman and abolitionist who was censured by his House colleagues in 1842 for introducing resolutions opposing the slave trade. Since Hamas’ surprise attack on Israel on Oct. 7, no American politician save for President Biden has featured more centrally in arguments over the Israel-Hamas war than Ms. Tlaib. Interviews in Ms. Tlaib’s district revealed a split-screen view of the war in Gaza and laid bare the grievances that have shaped it. But for Ms. Tlaib, who has staked out a position that alienates many of those constituents, it could be unbridgeable.

Persons: Rashida Tlaib, Jeremy Moss, “, ”, Tlaib, Khalid Turaani, Joshua Reed Giddings, ” Mr, Turaani, Biden, Tlaib’s, Ms, Dana Nessel, Gretchen Whitmer, Mark Mellman, Mellman Organizations: American, Democratic, Force, Palestine, West Bank, Gov, Tlaib’s Democratic, House Republicans, Israel, Democratic Party Locations: Detroit, Israel, Adat Shalom, Southfield, Tlaib’s, Dearborn, Gaza, Palestinian, Michigan, American

☆ Hamas has command center under Al-Shifa hospital, US official says
▼ + stars: | 2023-11-13 | by ( Jake Tapper | ) edition.cnn.com time to read: +3 min

CNN —A US official with knowledge of American intelligence says Hamas has a command node under the Al-Shifa hospital, uses fuel intended for it and its fighters regularly cluster in and around Gaza’s largest hospital. The information comes after comments made Sunday by a top White House official that Hamas is using hospitals and civilian facilities. Hamas and hospital officials have denied the accusation that the hospital is being used as a command center. But Israel has insisted that patients can be evacuated from the hospital. “Regrettably, the hospital is not functioning as a hospital anymore,” it said.

Persons: Jake Sullivan, Israel, Israel’s, Muhammad Abu Salmiya, “, Benjamin Netanyahu, CNN’s Dana Bash, Netanyahu, we’re, Munir Al, Shifa, ” Al, Bursh, “ Regrettably Organizations: CNN, White House, ” National, Union, “, UN, CIA, Al, World Health Organization Locations: Gaza’s, CNN’s State, Israel

☆ Netanyahu refuses to answer CNN on whether he would take responsibility for October 7 attack
▼ + stars: | 2023-11-12 | by ( Jason Moon | Nadeen Ebrahim | ) edition.cnn.com time to read: +5 min

CNN —Israeli Prime Minister Benjamin Netanyahu on Sunday refused to answer whether he would take responsibility for failing to prevent the October 7 attack on Israel, saying that there would be time for such “difficult” questions once the war is over. Asked if he would allow days-long pauses, Netanyahu told CNN, “that’s not a pause.”“If you’re talking about stopping the fighting, that’s exactly what Hamas wants,” Netanyahu said, arguing that Hamas would use those extended pauses to replenish its supplies. This week, the US suggested that the Palestinian Authority – which exercises limited self-rule in the occupied West Bank – could play a role. Remember the PA [Palestinian Authority] was already in Gaza,” Netanyahu continued. The PA used to run both Gaza and the West Bank but was ousted after a brief civil war with Hamas.

Persons: Benjamin Netanyahu, CNN’s Dana Bash, Netanyahu, –, “ We’re, ”, ” Netanyahu, Israel, “ that’s, ‘, “ Organizations: CNN, Israeli, Sunday, CNN Sunday, Palestinian Ministry of Health, Shifa, International Committee, West Bank, Palestinian Authority, Israel, Palestinian Locations: Israel, Gaza, Tel Aviv, Ramallah, Gaza City, Al

Mr. Adams already had a long-running relationship with the Turkish consulate general, which paid for part of his trip to Turkey while he was Brooklyn borough president in 2015, according to a public filing. The warrant to search the home of Mr. Adams’s 25-year-old fund-raiser, Brianna Suggs, indicated that the investigation was examining the role of KSK Construction, a Brooklyn building company owned by Turkish immigrants that organized a fund-raising event for Mr. Adams on May 7, 2021. On that day, 48 donors, including the company’s owners, employees and their families, along with others in the construction and real estate industries, donated $43,600, Mr. Adams’s campaign reports show. Mr. Adams’s campaign filings do not specify which donations were made through the fund-raising event. Neither Mr. Adams nor his campaign has been accused of wrongdoing, and no charges are publicly known to have been filed in connection with the investigation.

Persons: Adams, York City’s, Adams’s, Brianna Suggs, Suggs Organizations: Fire Department, Mr, Democratic Locations: Brooklyn, Manhattan, York, Turkish, Turkey

☆ U.S. Carries Out Another Round of Airstrikes on Iran-Linked Targets
▼ + stars: | 2023-11-12 | by ( Eric Schmitt | More About Eric Schmitt | ) www.nytimes.com time to read: +3 min

The strikes came just four days after American warplanes hit a munitions warehouse in eastern Syria. Pentagon and other Biden administration officials rejected that criticism on Sunday, saying that the American airstrikes have been in self-defense, and in proportion to the attacks by Iran-backed militias. Unlike the two previous sets of strikes, the Pentagon did not make senior officials available after Sunday’s military response to discuss details. Pentagon officials said they were still analyzing the strikes and did not know if anyone on the ground was hurt or killed. The United States has 2,500 troops in Iraq and 900 in Syria, mostly to help local forces fight remnants of the Islamic State.

Persons: Abu Kamal, Biden, Lloyd J, Austin III, ” Dana Stroul Organizations: Islamic Revolutionary Guards Corps, Pentagon, American, Syria . Air Force, U.S, ”, United Locations: States, Syria, Iraq, Abu, Mayadin, Iran, United States, Asia, U.S, Germany, Islamic State, Israel, Lebanon, Yemen, Persian

The heavyweight championship clash instead got KO’d. The UFC heavyweight champ needed surgery and was off the card. 4 Tom Aspinall for the interim heavyweight championship in a late add to the card. The fight for the vacant light heavyweight title between Jiri Procházka and Alex Pereira was bumped to the main event. UFC President Dana White said it would have been “complete disrespect” to offer Miocic an interim title fight.

Persons: Conor McGregor, Georges St, Pierre, Daniel Cormier, Jon Jones, Stipe Miocic, Jones, Sergei Pavlovich, Tom Aspinall, Jiri Procházka, Alex Pereira, Jessica Andrade, Mackenzie Dern, Aspinall, Pereira, Israel Adesanya, ” Aspinall, Gane, Miocic, Dana White, ”, Pavlovich, Procházka, Glover Teixeira, ” Procházka, “, hasn’t, “ I’m, ___ Organizations: Madison, MMA, UFC, Broadway, MSG, “, Adesanya Locations: Brazilian, Adesanya, it’s, British

☆ Best ways to counter the harmful effects of sitting, according to research
▼ + stars: | 2023-11-10 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +7 min

CNN —Sitting too much may send you to an early death, likely from chronic diseases such as obesity, type 2 diabetes, cardiovascular disease and more, according to research. “The question is, if you have a restorative or recharging sleep, is that better than sitting on the couch eating and watching TV? While the study found swapping sitting for sleep improved health, benefits were not equal, the authors said. More vigorous exercise is best, but standing, walking and even sleeping is better than just sitting, experts say. “Since most songs average at least 3 minutes, you can dance off the negative impact of too much sitting.

Persons: ”, Andrew Freeman, ” Freeman, Mark Hamer, ” Hamer, Emmanuel Stamatakis, Kobus, “, Jo Blodgett, James Leiper, ” Leiper, that’s, Dana Santas, ” Santas, Santas Organizations: CNN’s, CNN, BMI, Jewish Health, Institute of Sport, Health, University College London, University of Sydney, British Heart Foundation Locations: waistlines, Denver, Australia, Belgium, Denmark, Finland, Norway, Spain, Netherlands, United Kingdom, United States

The agents approached the mayor on the street and asked his security detail to step away, one of the people said. with him and, pursuant to a court-authorized warrant, took his devices, the person said. Law enforcement investigators with a search warrant can make copies of the data on devices after they seize them. It was not immediately clear whether the agents referred to the fund-raising investigation when they took the mayor’s devices. The surprise seizure of Mr. Adams’s devices was an extraordinary development and appeared to be the first direct instance of the campaign contribution investigation touching the mayor.

Persons: Eric, Adams Locations: Turkish

☆ How Bud Light Won UFC Back: Global Ambition Meets a Worldwide Footprint
▼ + stars: | 2023-11-09 | by ( Katie Deighton | ) www.wsj.com time to read: 1 min

The third round of a UFC bout got under way in 2012, when Bud Light was a sponsor of the mixed martial arts promoter. Bud Light is returning as UFC’s beer sponsor next year. Photo: Jeff Chiu/Associated PressBud Light’s partnership deal with UFC last month was a rare win for the beer brand this year, an annus horribilis dominated by a damaging consumer boycott over its collaboration with a transgender influencer. The brewer, which had first sponsored UFC from 2008 until 2017, took back the official U.S. beer rights from Modelo, the same brand that surpassed Bud Light this spring as the top-selling beer in the U.S. Its parent, Anheuser-Busch InBev, was praised by UFC Chief Executive Dana White for having core values in line with the mixed martial arts promoter.

Persons: Bud Light, Jeff Chiu, Associated Press Bud Light’s, Bud, Dana White Organizations: UFC, Associated Press, Modelo, U.S, Anheuser, Busch InBev

☆ Economic Outlook: Will 2024 Be Better?
▼ + stars: | 2023-11-09 | by ( Sharon Epperson | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomic Outlook: Will 2024 Be Better? As we begin to close out a year dominated by historic inflation and interest rate hikes, the question on everyone's mind is when will things get better? CNBC's Sharon Epperson asks The Conference Board Chief Economist Dana Peterson to look ahead to 2024 and examine what the economic landscape may resemble, and what that means for your money.

Persons: Sharon Epperson, Dana Peterson Organizations: Conference Board

☆ Mental Illness, Especially Later in Life, Can Increase the Risk of Dementia
▼ + stars: | 2023-11-08 | by ( Dana G. Smith | More About Dana G. Smith | ) www.nytimes.com time to read: +1 min

In 2021, Sharon Niederhaus, then 77, lost her husband of more than 50 years. “We feel like we lost both our parents at the same time,” Ms. Henry said, referring to her and her brother. Ms. Niederhaus drank heavily in the wake of her husband’s death. Ms. Henry and her brother tried everything to help their mother: They staged an intervention, confiscated her phone, took on power of attorney and sent her to rehab. It wasn’t until she was referred to a neuropsychologist in early 2023 that things became clear: In addition to having alcohol addiction, Ms. Niederhaus also has dementia.

Persons: Sharon Niederhaus, Kristin Henry, ” Ms, Henry, Ms, Niederhaus

SCOTTSDALE, Ariz. (AP) — The race to add two-way baseball superstar Shohei Ohtani in a blockbuster free agency deal is off to a clandestine start. “Special player, that’s all I’ll say,” said Chris Young, general manager of the World Series champion Texas Rangers. “We may ask some questions, but I can’t tell you we’re diving all in,” Houston Astros general manager Dana Brown said. Privately, they're surely discussing the developing Ohtani sweepstakes, which could cost the winning team upward of $500 million. “You have to have Plan A, Plan B, Plan C, Plan D, so on and so forth.

Persons: Shohei Ohtani, ”, Chris Young, “ We’re, Brian Cashman, “, Dana Brown, they're, “ There's, Perry Minasian, We've, Tommy John, Nathan Eovaldi, Jameson Taillon, Daniel Hudson, Jason Isringhausen, Walker Buehler —, TJ, —, Ohtani, He’s, There’s, he’s, Brown, ” Ohtani, Cody Bellinger, Matt Chapman, Tim Anderson, Aaron Nola, Sonny Gray, Jordan Montgomery, Yoshinobu Yamamoto, Mike Trout, ” Minasian, We're, Ichiro Suzuki, Seattle GM Jerry Dipoto, ” Dipoto Organizations: Texas Rangers, New York Yankees, ” Houston Astros, Major League Baseball, Privately, Los Angeles Angels, ” Angels, He’s, MLB, Current Dodgers, Astros GM, Cubs, Former Angels, Seattle Mariners, Seattle GM, Mariners Locations: SCOTTSDALE, Ariz, Scottsdale, ”, Arizona

☆ A court artist covering Trump's trial had the perfect response to a Fox commentator calling her work a 'travesty'
▼ + stars: | 2023-11-07 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Kayleigh McEnany poked fun at a courtroom sketch of Trump on "The Five" on Monday. The artist, Elizabeth Williams, said that "dumping on court artists" is becoming more and more common. AdvertisementAdvertisementA courtroom sketch artist has responded to a Fox News commentator who called her drawings of Donald Trump a "travesty." Although other artists' work had been shown in the segment, an image by courtroom sketch artist Elizabeth Williams was displayed on screen at the time. AdvertisementAdvertisementWilliams has been a courtroom artist for decades, and recapped her coverage of Trump going back to the 1980s.

Persons: Kayleigh, Trump, Elizabeth Williams, Williams, —, Donald Trump, Kayleigh McEnany, Letitia James, Dana Perino chimed, Greg Gutfeld, Louis CK, Trump's, Colin Jost, YouTube Jost, Donald Trump Jr, Judge Arthur Engoron, Laura Italiano Organizations: Service, Fox, White House Press, Fox News, New York, Trump, USFL, NFL, SNL, YouTube, Team Trump Locations: Miami

☆ Bumble founder and CEO to step down early next year, Slack chief executive to succeed her
▼ + stars: | 2023-11-06 | by ( Ashley Capoot | ) www.cnbc.com time to read: +1 min

DANA POINT, CALIFORNIA - SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage during Vox Media's 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. (Photo by Jerod Harris/Getty Images for Vox Media)Whitney Wolfe Herd, founder and CEO of the dating app Bumble , is stepping down from her role at the helm of the company early next year. She will be succeeded by Lidiane Jones, CEO of Salesforce's cloud-based messaging platform Slack, on Jan. 2, 2024, according to a company release Monday. She will transition to a new role as executive chair when Jones takes over as CEO. She added that she is "grateful to have the support of my colleagues at Slack and Salesforce."

Persons: POINT, Whitney Wolfe Herd, Bumble, Vox, Jerod Harris, Wolfe Herd, Lidiane Jones, Jones, Slack, Salesforce Organizations: The Ritz, Carlton, Getty, Vox Media, Microsoft, CNBC PRO Locations: CALIFORNIA, Laguna Niguel, Dana Point , California

☆ 'From the river to the sea:' What to know about the pro-Palestine slogan that's roiling American politics right now
▼ + stars: | 2023-11-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +8 min

Rep. Rashida Tlaib is facing condemnation for endorsing the phrase "from the river to the sea." Here's what you should know about the current controversy over the slogan — as well as its origins and contemporary use. Towards the end of that video, a crowd of pro-Palestine protestors in Michigan can be heard chanting the slogan. In other words, the slogan did originate as a call for the dismantling of Israel as a Jewish state. All of it, from the [Mediterranean] Sea to the [Jordan] River, and we are not here to apologize for this."

Persons: —, Rashida, Tlaib, Joe Biden, Democrats —, Dana Nassel, Brad Schneider of, Tlaib's, Maha Nassar, Yasser Arafat, Nassar, Israel, Yousef Munayyer, Munayyer, It's, Benjamin Netanyahu's, Jordan Organizations: West Bank, Service, Palestine, Michigan Democrat, Twitter, Democrats, Jewish Democrat, Punchbowl News, Defamation League, American Jewish Committee, Palestinian, Palestine Liberation Organization, PLO, Likud Locations: Israel, Gaza, Palestine, Jordan, Michigan, American, Brad Schneider of Illinois, Palestinian, Algeria, Jerusalem

☆ Citigroup considers deep job cuts for CEO Jane Fraser’s overhaul, called 'Project Bora Bora'
▼ + stars: | 2023-11-06 | by ( Hugh Son | ) www.cnbc.com time to read: +5 min

Fraser is under mounting pressure to fix Citigroup, a global bank so difficult to manage that its challenges consumed three predecessors dating back to 2007. Stock Chart Icon Stock chart icon Citigroup's stock has been mired in a slump under CEO Jane Fraser. While competitors have been cutting jobs this year, Citigroup's staff levels remained at 240,000. That leaves Citigroup with the biggest workforce of any American bank except the larger and far more profitable JPMorgan. Executives will see cuts beyond 10% because of Fraser's push to eliminate regional managers, co-heads and others with overlapping responsibilities, they said.

Persons: Citigroup Jane Fraser, Alex Wong, Jane Fraser, Fraser, JPMorgan Chase, James Shanahan, Edward Jones, Mike Corbat, they'll, Mike Mayo, Titi Cole, Citigroup's, Cole, Wells, I'm, Dana Neibert Organizations: Citigroup, Financial Services, Rayburn House, JPMorgan, Citi, Bank of America, Boston Consulting, Bank, Getty, Operations Locations: Washington , DC, U.S, Wells Fargo, Tahiti, Polynesia

☆ Trump heads to the witness stand as new polls show him leaping past Biden in key swing states
▼ + stars: | 2023-11-06 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

Biden, meanwhile, is absorbing brutal new polls showing him losing to GOP front-runner Trump in multiple key swing states. If the New York Times/Siena College survey is borne out in 2024, there would be no electoral path to victory for Biden. Biden supporters argue that his critics and media narratives set by the president’s low polls badly miss the most salient point that will define the 2024 election. Because this is a civil trial, Trump has no criminal liability. But the judge has already ruled that Trump, his adult sons and the Trump Organization committed “persistent and repeated” fraud.

Persons: Donald Trump, Joe Biden’s, Trump, Biden, ”, “, ” Democratic Sen, Richard Blumenthal, CNN’s Dana, “ It’s, ” David Axelrod, Barack Obama, Axelrod, Vladimir Putin, Trump’s, Letitia James, James, Temidayo Aganga, Williams, “ We’ve, we’ve, ” Aganga, CNN’s Kaitlan Collins, Jack Smith, ” Biden, Spencer Weiss, scoffed, “ MAGA Republicans ’, Blumenthal, Pramila Jayapal, Jen Psaki Organizations: CNN, Republican, GOP, New York Times, ” Democratic, Connecticut, Trump, Twitter, Biden, Trump Organization, New York, Democrats, The New York Times, Siena College, Democratic, The Times, “ MAGA Republicans, Sunday, Congressional Progressive Caucus, Israel, MSNBC Locations: New York, Siena, “ State, Ukraine, Russian, Washington, Fulton County , Georgia, Florida, America, Nevada, Georgia, Arizona, In Michigan, Pennsylvania, Gaza, Arab

The choice was unconventional: Eric Adams, the candidate who would go on to win the 2021 election for mayor of the nation’s financial capital, had picked an inexperienced 23-year-old to run his campaign’s fund-raising operation. Ostensibly, the fund-raiser, Brianna Suggs, did her job. Thanks in part to her work, the campaign would spend more than $18 million and win the election. But the unusual arrangement, which raised eyebrows in the tight-knit, professional world of Democratic political fund-raising, might have come at an extraordinary cost. On Thursday morning, federal agents raided Ms. Suggs’s home in Brooklyn and walked away with a wide range of materials, including three iPhones, two laptop computers and a manila folder labeled “Eric Adams.” The court-authorized search was part of an expansive public corruption investigation into whether the campaign conspired with the government of Turkey to receive illegal foreign donations.

Persons: Eric Adams, Brianna Suggs, Suggs’s, ” Organizations: Democratic Locations: Brooklyn, manila, Turkey

Walk up to Lafayette Avenue between Fulton Street and Bedford Avenue for one of the best parties along the course. You can also catch runners at several points in Williamsburg and Greenpoint, along Bedford Avenue between Lafayette Avenue and Nassau Avenue. Take the L train to Bedford Avenue, the M or J train to Marcy Avenue or the G train to Nassau Avenue or Greenpoint Avenue. The Q subway line stops at several points along this stretch. North of 96th Street, use the 6 subway line to get to this part of the course.

Persons: It’s, Alexander, Duke Ellington, Charles A, Dana, Harlem Meer, “ Organizations: New York, Brooklyn, Barclays Center, Lafayette, Bedford, Queens, ., Dana Discovery Center, Park, Columbus, West Locations: Staten Island, Brooklyn, Staten, Bay Ridge, Sunset, Park, Flatbush, Fulton Street, Williamsburg, Greenpoint, Bedford, Lafayette Avenue, Nassau, Avenue, Vernon, Jackson, . Manhattan, Manhattan, Bronx, Harlem

☆ Three hours to guilty: How the government nailed Sam Bankman-Fried
▼ + stars: | 2023-11-04 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +9 min

David Dee Delgado | ReutersIn Sam Bankman-Fried's fraud trial, prosecutors won quickly by keeping it simple. "While the cryptocurrency industry might be new and the players like Sam Bankman-Fried might be new, this kind of corruption is as old as time," Williams said. Sam Bankman-Fried's parents, seated to the left, react to the verdict. "Sam Bankman-Fried will be remembered as one of the biggest fraudsters of our lifetimes," Mariotti said. WATCH: Sam Bankman-Fried found guilty on all seven counts

Persons: Sam Bankman, David Dee Delgado, CNBC they'd, Yesha Yadav, Fried, Nicolas Roos, Danielle Sassoon, Crypto, Roos, Sassoon, Marc, Antoine Julliard, Renato Mariotti, who's, Bryan Cave Leighton Paisner, Damian Williams, Williams, Andrew Ross Sorkin, Sorkin, that's, It's, SBF, Mariotti, Paul Tuchmann, Wiggin, Dana, Tuchmann, Elizabeth Williams, Caroline Ellison, Bankman, Ellison, James Koutoulas, Koutoulas, Gary Wang, Nishad Singh, FTX coder Adam Yedidia, FTX's, Sun, Kevin J, O'Brien, Mark Cohen Organizations: FTX, Manhattan, Reuters, CNBC, Vanderbilt University ., U.S . Justice Department's Securities, Commodities, Southern, of, Prosecutors, Stanford, Alameda Research, New York Times DealBook, Washington , D.C, U.S, Justice Department, Trading Commission, Securities and Exchange Commission Locations: New York City, London, Chicago, U.S, of New York, Alameda, Washington ,, Bankman, New York

☆ Meta CEO Mark Zuckerberg tore his ACL while training for a competitive MMA fight
▼ + stars: | 2023-11-04 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +2 min

Meta CEO Mark Zuckerberg just had surgery as a result of an injury to his ACL that occurred during mixed-martial arts training. The Facebook co-founder revealed his injury on Friday via an Instagram post in which he said that he "tore my ACL sparring and just got out of surgery to replace it." "I was training for a competitive MMA fight early next year, but now that's delayed a bit," Zuckerberg said. The Meta CEO has taken an interest in MMA and competitive fighting in recent years and has been training in a variety of martial arts, including Brazilian Jiu-Jitsu. "If Elon ever gets serious about a real date and official event, he knows how to reach me," Zuckerberg said at the time.

Persons: Mark Zuckerberg, Zuckerberg, Priscilla Chan, Elon Musk, Elon isn't, Dana White, Musk, Elon, Jim Cramer Organizations: Facebook, Brazilian Jiu, Meta, Tesla Locations: Brazilian

☆ A New Way to Tell Deepfakes From Real Photos: Can It Work?
▼ + stars: | 2023-11-03 | by ( Charlotte Gartenberg | Alex Ossola | ) www.wsj.com time to read: 1 min

Earlier this year, an image of the Pope in a chic white puffer coat went viral, in a striking example of how an AI-generated image can fool the internet. With a flood of this content predicted, we’ll need new ways to tell what’s real and what’s not. “Can we build an AI deepfake detector?” was the initial idea when work started four years ago on one such effort to create a standard for online images, says Dana Rao , general counsel and chief trust officer at Adobe , maker of Photoshop. Adobe is one of the companies spearheading the Content Authenticity Initiative, a global coalition of 2,000 members from tech, policy and media (including The Wall Street Journal).

Persons: Pope, Dana Rao Organizations: Adobe

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