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A New York bankruptcy judge on Friday approved a deal that would dismiss Rudy Giuliani’s attempt to secure bankruptcy protections, putting two former election workers he repeatedly defamed after the 2020 race closer to collecting on their $146 million verdict against him. Lane’s order gives Giuliani one business day after the ruling to pay the $100,000, at which point the case will be officially dismissed. Lane said in July he would dismiss the bankruptcy case, citing Giuliani's failure to turn over virtually any necessary information about his businesses, while submitting incomplete or incorrect information about his personal spending. A spokesman for Giuliani said at the time that Giuliani wanted the case done with because it was preventing him from appealing the Freeman verdict and subjecting him to "voluminous and overly broad discovery requests." The spokesman, Ted Goodman, did not immediately respond to a request for comment Friday night, nor did attorneys for Freeman and Moss.
Persons: Rudy Giuliani’s, Sean Lane, Donald Trump, Giuliani, Ruby Freeman, Wandrea “, ” Moss, Lane, Freeman, Ted Goodman, Moss, Rachel Strickland, , , Rudy Organizations: Southern, of, New Locations: York, of New York, New York City, New York, Florida, Georgia
They spent six years behind bars until they were freed in 2022 in another prisoner exchange engineered by the Biden administration. And like the newly sprung Americans, Pereira’s first stop back in the U.S. was the Brooke Army Medical Center in San Antonio, Texas. “When you come back from something like this, you are like a bottle of Coca-Cola. And sometimes we were treated better and sometimes it was worse.”“The questions they kept asking us were, ‘How did you do it? “I didn’t realize there were so many people supporting my family and working to free me.
Persons: Evan Gershkovich, José Pereira, , Biden, Pereira’s, Pereira, he’d, readjust, Jorge Arreaza, Jose Angel Pereira, Gustavo Cardenas, Jorge Toledo, Jose Luis Zambrano, Tomeu, Alirio Jose Zambrano, Paul Whelan, Alsu, Vladimir Kara, Murza, “ Everybody, ” Pereira, Jason Rezaian, ” Rezaian, , ’ ” Pereira, you’re, it’s, Gershkovich, Whelan, Kurmasheva, Rezaian, Sam Goodwin, Goodwin, Sam, I’m Organizations: Wall Street, Brooke Army Medical Center, Twitter, Venezuela's, Bolivarian National Intelligence Service, Ministry, NBC News, Washington Post, Brooke Army Medical, military’s, Medical Center Locations: American, Venezuela, U.S, San Antonio , Texas, PISA, Caracas, Germany, Washington, North Carolina, Kara
“There’s a lot of mistrust going on there.”As fire behavior grows intense because of climate change and overgrown forests, doubts can fester in rural communities as fire managers operate more conservatively than in the past. “Now, we’re seeing fires act more radically, make their own weather and be more unpredictable.”This dynamic is playing out in rural communities elsewhere. Stasiewicz said that based on her own focus groups, surveys and interviews, sentiments like Courtney’s are becoming more common in rural communities. Evacuation often carries a stiff financial cost, she said, and some rural residents worry their properties won’t be prioritized. “We can sometimes see rural communities lose compared to more developed areas.
Persons: we’ve, , Amanda Stasiewicz, , ” Stasiewicz, they’d, Brad Bramlett, ’ ” Courtney, Courtney, Johnston, Magnussen, Stehekin, Stasiewicz Organizations: University of Oregon, , San Francisco Chronicle, National Interagency Fire Center, National Weather Service, , Tourists Locations: West, Northern California, Pacific, Oregon , Washington and Idaho, Lake Chelan, North, Stehekin, U.S
The "immediate cause of death" for D'Vontaye Mitchell, 43, was “restraint asphyxia and toxic effects of cocaine and methamphetamine,” according to a final report from the Milwaukee County Medical Examiner. Courtesy Brenda GilesHis final manner of death was ruled by the medical examiner to be homicide. On June 30, four security guards pinned Mitchell face down on the ground outside the downtown Hyatt Regency hotel. The medical examiner noted Mitchell was “restrained in prone position” by multiple individuals after using drugs. Police said a person had entered the business, “caused a disturbance” and “fought with security guards as they were escorting” him out.
Persons: D'Vontaye Mitchell, Brenda Giles, Mitchell, , , grunting, Ben Crump, George Floyd's, Crump, Mitchell's, Hyatt Organizations: Milwaukee County Medical, Police, ” Hotel, Hyatt, Milwaukee County Locations: Milwaukee, Hyatt Regency, Minneapolis
SAG HARBOR, N.Y. — Justin Timberlake appeared virtually at a Friday hearing for his driving while intoxicated case, where the judge announced the pop star's driver's license would be suspended and admonished his lawyer over "irresponsible" comments. The singer, 43, claimed he had just “one martini” before he was pulled over. He pleaded not guilty and his attorney, Edward Burke Jr., said in a statement at the time: “I look forward to vigorously defending Mr. Timberlake on these allegations. But once police spoke to Timberlake, they said, it was clear he was not in shape to drive, according to the complaint, written by Sag Harbor Village Police Officer Michael Arkinson. Timberlake struggled to walk heel-to-toe and stand on one foot without swaying or using arms to balance, the report said.
Persons: — Justin Timberlake, Timberlake, Edward Burke Jr, ” Timberlake, Michael Arkinson, ” Arkinson, , I’m, Danny Cevallos Organizations: BMW, Police, NBC, American Locations: N.Y, Sag Harbor , New York, Long, Florida, Madison Street, Sag Harbor
But you're going to struggle if you're looking for a new one. "Even a few months ago, the labor market seemed fine, the trajectory looked stable," said Guy Berger, director of economic research at the Burning Glass Institute, a think tank. The Fed therefore believes it can put a floor underneath the labor market that prevents it from deteriorating further, Berger said. "What we need to see is strong private-sector labor market growth, and outside of health care, what we've seen instead is a very, very rapid deceleration that has shown no signs yet of stabilizing," Pollak said. Pollak also said leisure and hospitality jobs — a key entry point into the labor market — have actually declined outright in recent months, putting further pressure on workers to secure employment.
Persons: Guy Berger, Berger, Jerome Powell, Bill Dudley, Julia Pollak, Pollak, we've Organizations: of Labor Statistics, Glass, Federal, Fed, New York Federal, Bloomberg Locations: U.S, haves
Officers use pepper spray on demonstrators at George Washington University, on May 8, 2024. Sage Russell / AP fileTwenty-three of those arrested were students. Protesting George Washington University students celebrate as they break through a police barrier on April 29, 2024. Arrests put students’ degrees on holdFor some students, the impact on their academic careers has affected them more than any legal jeopardy. At Washington University, conduct hearings for arrested students began recently but have yet to result in disciplinary decisions.
Persons: Annie McGrew, “ It’s, ” McGrew, , newsrooms, Valencia Alvarez, Sage Russell, Alvarez, ” Alvarez, Emmanuel Nneji, , Maddison Tirado, Tirado, Ezra Baptist, Cliff Owen, doesn’t, that’s, Owen Buxton, Emerson, Javier Reyes, ” Reyes, McGrew, Charles Sullivan, Sullivan, ” Sullivan, Reyes, Anthony Paik Organizations: University of Massachusetts, UMass, The Associated Press, Washington University, George Washington University, Student, Hamas, Columbia University, State University of New, New Paltz, . State, AP, , Emerson College, Boston Police Department Locations: Gaza, Louis, New York, Ulster County, State University of New York, New Paltz, , Israel, Boston, Buxton, Amherst, Ohio
There are cracks forming in the US jobs market
  + stars: | 2024-08-02 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +9 min
CNN —The pandemic threw the US job market into chaos, but four years later, things finally seem to be back to normal. Most indicators support the idea that the labor market is no longer overheated and could easily maintain a new normal of steady, but slower growth. The unemployment rate is expected to hold steady at 4.1%, according to FactSet consensus estimates. “This is a labor market that’s otherwise moderated,” Nick Bunker, director of North American economic research at Indeed, told CNN. The same goes for the prime-age labor force participation rate, which at 83.7% also is the highest in 23 years.
Persons: hasn’t, Jerome Powell, Nick Bunker, Powell, Nancy Vanden Houten, , , , , Madhavi Bokil, Indeed’s Bunker, Bunker, ” Elise Gould, ” Bunker, “ It’s, Julia Pollak, ” Pollak, can’t Organizations: CNN, Federal, of Labor, Challenger, Economic Policy Institute, Locations: Oxford
Read previewA closely watched recession indicator flashed on Friday after a weak July jobs report showed an unexpected surge in the unemployment rate. The Sahm Rule, created by former Federal Reserve official Claudia Sahm, triggers when the unemployment rate's three-month moving average moves 50 basis points above its 12-month low. That rule was triggered on Friday, with the moving average rising 53 basis points above that one-year trough, according to the real-time Sahm Rule Recession Indicator from the St. Louis Federal Reserve. The only misfire for the rule was in 1959, but even then, a recession started just five months after the Sahm Rule flashed. But Sahm herself wrote in a Substack post last week that "the rise in the unemployment rate is not as ominous as it would normally seem."
Persons: , Claudia Sahm, Bill Adams, Sahm, hasn't Organizations: Service, Federal Reserve, Business, Louis Federal Reserve, Bank of America, Comerica Bank, Fed
U.S. gymnastics superstar Simone Biles isn't the only Olympian feeling the Paris heat. A rain-soaked 2024 Olympics opening ceremony has since given way to sun and heat warnings, with temperatures in the French capital climbing to as high as 36 degrees Celsius (97 degrees Fahrenheit) in recent days. "Don't come for me about my hair," Biles said via Instagram before Tuesday's gymnastics team final. "IT WAS DONE but bus has NO AC and it's like 9,000 degrees. They give bottles to the players but the bottles don't stay cool, so, you know, you're drinking hot water out there," he added.
Persons: Jack Draper, Taylor Fritz, Suzanne, Lenglen, Simone Biles isn't, Biles, haven't, it's, Draper Organizations: US, Roland, Reuters Locations: Paris, Instagram, British
Best Credit Cards for Excellent Credit of August 2024Compare the Top Credit Cards for Excellent CreditBest mid-tier travel card Chase Sapphire Preferred® Card Apply now lock icon An icon in the shape of lock. Best Credit Cards for Excellent Credit ReviewsConsumers with excellent credit have a lot of options when it comes to credit cards. The Bank of America® Premium Rewards® credit card isn't flashy, but it offers unique long-term value for those who prefer cash back credit card rewards and have a broader banking relationship with Bank of America. The Capital One Venture X Rewards Credit Card is Capital One's entry into the premium credit card market. Credit Cards for Excellent Credit Frequently Asked QuestionsWhat is the best credit card to get with an 800 credit score?
Persons: Read, Merrill, Miles you've, Miles you’ve, Miles, There’s, Uber, Wiley, Julie Mehretu, Peacock, Uber Cash, Chase, Cardholders, cardholders, you've, you'll, You'll, It's, Peter Rothbart, he's, Peter, Angela Fung Organizations: FICO's, Chase Travel, Chase, Sapphire, Hotel, FDIC, Bank of America, Bank of America's, of America, Bank of America Travel Center, TSA, Travel Insurance, Discover's, Discover . Discover, Capital, One, Premier, Express, American Express, Hilton, Marriott, Saks, Entertainment, Disney, ESPN, The New York Times, Street, American, Walmart, Global, Saks Fifth, Saks Fifth Avenue, Business, Finance, TSA PreCheck, PreCheck, Resorts Locations: Hulu, Wells, Seattle , Washington, Vegas, Pacific
You know your values — and align with themOne of the biggest reasons people feel unsure about their relationships is that they don't know themselves, Lev said. "If everything is a 10, you're not going to get that in a partner," Lev said. Related stories"I've never seen a partner be able to end a relationship when they themselves score low on their own values," Lev said. But in a healthy relationship, "you don't expect your partner to be psychic and know all of your needs," Lev said. Advertisement"A lot of couples don't understand that once you're triggered, you're no longer in your prefrontal cortex," Lev said.
Persons: , Avigail Lev, John, Julie Gottman, Lev, I've, they'll, It's Organizations: Service, Business Locations: San Francisco
She left the corporate grind earlier this year and turned her side gigs into a full-time job. Her last position before moving into full-time self-employment had a base salary of $94,000. Advertisement"I was at this job, wasn't totally happy with it, and I knew I had been making decent money doing my side hustles part-time," she said. "When I'm doing that, I'm like, oh, I couldn't be doing this right now if I was working my corporate job," she said. Have you left your corporate job, made a career change, or turned your side hustle into a full-time job?
Persons: , Amber Smith, Smith, it's, I'm, wasn't, she's, I've, Taylor Swift Organizations: Service, Business, eBay Locations: Iowa, mhoff@businessinsider.com
Harvard University said on Friday that its interim president, Alan M. Garber, would lead the university through the 2026-27 academic year, offering a dose of stability to a campus rocked by turmoil. Dr. Garber took over at Harvard in January when Claudine Gay resigned after weeks of criticism over her testimony at a congressional hearing about antisemitism on campus and accusations of plagiarism in her academic writings. Penny Pritzker, senior fellow of the Harvard Corporation, the university’s highest governing body, said in a message to the campus on Friday that “interim” would be dropped from Dr. Garber’s title “to recognize his distinguished service to the university and to underscore our belief that this is a time not merely for steady stewardship but for active, engaged leadership.”The university said it would begin a search for a successor to Dr. Garber in 2026. This is a developing story. Check back for updates.
Persons: Alan M, Garber, Claudine Gay, Penny Pritzker, Organizations: Harvard University, Harvard, Harvard Corporation
Following the trade, Jim Cramer's Charitable Trust will own 260 shares of PANW, increasing its weighting to 2.46% from 2.18%. One way we like to think about buying into a sea of red is remembering what our approach would be if the market was in rally mode. So with stocks selling off, we're looking to do some light buying of high-quality companies with great long-term prospects that we've been waiting for the stock prices to come down. Outside of these tech names, there are some other stocks we may have our eyes on next week. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jim Cramer's, we've, Nikesh Arora, — it's, Jim Cramer, Jim Organizations: Palo Alto Networks, PANW, Nvidia, Web Services, DuPont, Federal Reserve, Jim Cramer's Charitable, CNBC Locations: DuPont, Dover, Wells Fargo
Harris Won Enough Votes to Be the Democratic Nominee
  + stars: | 2024-08-02 | by ( Matthew Cullen | ) www.nytimes.com   time to read: +1 min
The Democratic National Committee announced today that Vice President Kamala Harris had secured enough delegates to clinch the Democratic Party’s nomination for president. She will be the first Black woman and person of South Asian heritage to earn the top spot on a major party’s ticket. Harris’s nomination will become official after the party’s virtual roll call vote ends on Monday, capping off a month of chaos for Democrats. Just two weeks ago, they were still debating which candidate would have the best chance of defeating Donald Trump in November. Stay up-to-date: Live coverage | Poll tracker | The “Run-Up” podcast | On Politics newsletter
Persons: Kamala Harris, Donald Trump, Harris, Astead Herndon, we’ll Organizations: Democratic National Committee, Democratic
New York CNN —Stocks slid Friday as a disappointing jobs report added to fears that the US economy is weakening. Stocks have also whipsawed in recent days as investors also digested the Federal Reserve’s July policy meetings and Big Tech earnings reports. Big Tech earningsInvestors have also parsed a mixed bag of Big Tech earnings this week. Shares of Apple, which reported in-line earnings but missed sales expectations Thursday evening, are up 2.1%. Investors have in recent weeks moved out of the Magnificent Seven tech stocks that powered the market to repeated record highs this year.
Persons: Stocks, Dow, That’s, , David Russell, Jerome Powell, ” Powell Organizations: New, New York CNN, Nasdaq, of Labor Statistics, Institute for Supply Management, Big Tech, Federal Reserve, Microsoft, Apple, Amazon, Meta, Intel Locations: New York, tamping
Displaced people fleeing fighting in Lashio try to cross the flooded road to Taunggyi in Myanmar's northern Shan state on July 9, 2024. For Lashio to fall, “it basically eliminates the junta as an effective organized force from a huge part of the country,” Ruser said. The road on the way was badly damaged,” he said as he traveled to Taunggyi, the Shan state capital some nine hours south of Lashio. People queue for food at a monastery turned temporary shelter for internally displaced people in Lashio, Shan state on November 15, 2023. There were also reports in local media that the junta had ordered its staff to leave Lashio as fighting got closer.
Persons: Khin, ” Khin Swe, , , Lashio “, Zaw Min Tun, Lashio, Stringer, Nathan Ruser, ” Ruser, Swe, Khin Swe, , Arakan Army –, “ They’re, Miemie Winn Byrd, Daniel K, Inouye, ” Byrd, “ I’m, Min Aung, I’m, they’re Organizations: CNN, Northeastern Military Command, Myanmar National Democratic Alliance Army, Junta, Getty, Analysts, Australian Strategic Policy Institute, “ Artillery, Facebook, Rebels, Three Brotherhood Alliance, People’s Defence Force, National Liberation Army, Arakan Army, US Army, Pacific Center for Security, Brotherhood Alliance Locations: Myanmar, Lashio, Shan, Zaw, Taunggyi, AFP, Zin Ann, Hsipaw, Mandalay, Arakan, Inouye Asia
To many, "Baby Reindeer" is known as the Netflix series that swept the internet in the spring of 2024 with its harrowing, seemingly true tale based on creator Richard Gadd's experience of being stalked. Richard Gadd as Donny Dunn and Jessica Gunning as Martha Scott in "Baby Reindeer." The drama over "Baby Reindeer," which has been both a boon and a threat to the streamer, reflects a larger reckoning for prestige TV's favorite pastime: adapting true stories. Atsushi Nishijima/Netflix Show less "Baby Reindeer." Harvey's lawyer Roth doesn't think Netflix particularly cared about the risk of legal action when it greenlit "Baby Reindeer."
Persons: Richard Gadd's, Fiona Harvey, Gadd, Donny, he'd, Martha Scott, Martha, Richard Gadd, Donny Dunn, Jessica Gunning, Ed Miller, Piers Morgan, Harvey, Rachel DeLoache Williams, Anna Delvey, Anna Sorokin, Anna, Linda Fairstein, Ava DuVernay, Fairstein, Felicity Huffman, Katie Lowes, Rachel, Julia Garner, Laverne Cox, Duke, Alexis Floyd, Neff, Aaron Epstein, Buster Murdaugh, Alex Murdaugh, Kelly's, Kelly, Richard Roth, Joan of Arc, Victoria Price, Judge Horton, Ruby Bates, Bates, Michael, Bette, Joan ", Olivia de Havilland, we're, they're, Macbeth, Atsushi Nishijima, Griselda Blanco's, Griselda, Harvey's, Roth, There's, Jeff Lewis, there's, Lewis, Netflix hasn't, Jackie Ward, Ward Organizations: Netflix, Business, Former New York, Neff Dav, Lifetime, Hollywood, NBC, Scottsboro, Disney Locations: Scottish, England, California, Former New York City, Tennessee, New York, Los Angeles
Read previewThis as-told-to essay is based on a conversation with Eleni Trapp, a 26-year-old UX designer from Florida who left her corporate job to freelance. Now, I'm a freelance UX designer who gets to write my own rules. As a UX designer, my job would be to transition their brick-and-mortar business into the digital landscape. I knew I wouldn't be happy settling into another corporate job so I decided to take a chance on freelancing. AdvertisementI'm building a space to channel my feminine rageAs I continue to freelance, I'm also building a business I'm endlessly passionate about.
Persons: , Eleni Trapp, It's, I'm, hadn't, I'd, wasn't, I've, Trapp, Tess Martinelli Organizations: Service, Business, LinkedIn Locations: Florida, tmartinelli@insider.com
Yet Justin Best, an investment-banking analyst at San Francisco-based Union Square Advisors, has managed to defy the ordinary. Between photo ops, celebrations, and press gatherings, Best, 26, sat down with Business Insider to talk about how he juggled his job as a banker and his intense training schedule. Best started at Union Square Advisors a few months after he competed in Tokyo in 2021. Jordan Vanderstoep, a rower a few years older than Best who previously worked at Union Square, also helped Best get the job. "So having places that support Olympic dreams truly makes it possible, and I'm happy to say Union Square is one of those."
Persons: , Justin Best, It's, Carlyle, I've, Alex Davidson, Devon Ritch, Jordan Vanderstoep, Best, Simone Biles, Mike Meyer Organizations: Service, San, Square Advisors, Team USA, Business, Drexel University, Square, Union Square Advisors, BART, Rapid, Olympics, University of California, USA national, Union, Wall, Games Locations: San Francisco, Paris, Tokyo, Philadelphia, East, University of California Berkeley, Europe, Los Angeles
Read previewWhen my older daughter turned 10, we held her birthday party at an arts and crafts center in the mall. Kid-led birthday parties allow kids to practice practical skills every step of the way, taking work off the parents' plates. There are different expectations with park parties because people can bring potluck dishes. My kids decorated the gift bags for the park party — a wonderful rainy Sunday afternoon activity. The bunny paper crafts, purchased online for $10, kept the kids just as busy as the mall art center projects.
Persons: , goody Organizations: Service, Business
This was a day to forget for the United States men’s soccer team. As seen from the graphic below, Morocco dominated the game in key statistical metrics, ending the United States’ hopes of a medal. Thus concludes the United States men’s two-tournament summer. Tanner Tessmann was at the heart of most of the United States’ positive passages. It won’t inspire many hearts and minds, but the United States did exactly that in the first half against Morocco — save for one ill-advised wag of Harriel’s leg.
Persons: Soufiane Rahimi, Ilias Akhomach, Hakimi, Mehdi Maouhoub, United States ’, Jeff Rueter, Greg O’Keeffe, Bryan Reynolds, Ricardo Pepi, Malik Tillman, Gio Reyna, Yunus Musah, Marko Mitrovic, Duncan McGuire, Walker Zimmerman, Miles Robinson, Zimmerman, Alex Gottschalk, McGuire, Griffin Yow, Mitrovic, Djordje Mihailovic, Gianluca Busio, Jack McGlynn didn’t, Maximilian Dietz, Tanner Tessmann, Patrick Schulte, Kevin Paredes, Tim Weah, Nathan Harriel …, Harriel, Paul Ellis, Rahimi, Abdessamad Ezzalzouli, Morocco’s, Morocco —, Marc Atkins, Paredes, Brad Smith, Bilal El Khannous, Greg O’Keeffe Rahimi’s, isn’t, Al, plaudit, Tarik Sektioui’s, John Todd Organizations: United, soccer, Copa America, Olympics, PSV Eindhoven, New, Philadelphia Union, Getty, Real Betis, Guinea, Morocco, Wolfsburg, Paredes ruffled, U.S, Asian Champions League, UAE Locations: United States, Morocco, Parc, States, New Zealand, Guinea, France, Ukraine, U.S, Al Ain, American
Related stories"MCOTEA uses a mission-oriented context in operational testing to relate evaluation results to the impact on the Warfighter's ability to execute missions," the guidebook states. "Focusing on the mission context during operational test planning and execution provides a more robust operational test environment and facilitates evaluation goals." While the real-world MADIS system will be equipped not only with Stinger missiles but also with 30mm machine gun turrets, officials said the tests so far have only involved training ammo. This fall, 3rd LAAB will finally get its first 13 MADIS systems right as the weapon achieves initial operating capability, marking it ready for combat. Program managers said earlier this year that the Marine Corps wants a total of 190 MADIS and 21 L-MADIS systems.
Persons: , USS Boxer, jammer, MADIS, Cpl, Apollo Wilson, Lance Cpl, Jack C, Howell MADIS, Morgan Blackstock, Neil Mabini Col, Andrew Konicki, Blackstock, Taylor Barefoot, Barefoot, Robert Barclay, Barclay, Matthew Romonoyske Organizations: Service, Marine Air Defense Integrated, Marines, Air Battalion, Business, Tactical Vehicles, USS, 22nd Marine Expeditionary Unit, Polaris, Military, . US Marines, Marine Air Defense, US Marine Corps, Marine Corps, DoD, MCOTEA, Marine Air Defense Integrated System, MADIS, Marine Corps Systems Command, Sandboxx, " Systems, Mk1, US Navy, Air Defense, Corps, Unmanned, Systems, US Marines Locations: Strait, Hormuz, Yuma, America, Philippine, Camp Pendleton , California, Washington ,, Bataan
Stay resilient and, when your luck turns, be ready to jump at the right opportunity, according to Carvana co-founder and CEO Ernie Garcia. Less than two years after the online used car retailer's ballooning debt and shrinking sales nearly forced the company into bankruptcy, Carvana is on the road to recovery. That's not something you imagine [when you start a business]," Garcia told CNBC's "Squawk on the Street" on Thursday morning. Carvana had been riding high during the coronavirus pandemic, when the market for used cars surged. Investor perspectives changed quite a bit in [2022] and our stock went down 99%," Garcia said on Thursday.
Persons: Carvana, Ernie Garcia, That's, Garcia, CNBC's Locations: Tempe , Arizona
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