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CNN —The first criminal trial of Donald Trump is officially underway. Prosecutors and Trump’s attorneys delivered opening statements and the first witness – a former National Enquirer publisher – was called Monday in the historic and unprecedented criminal trial of a former president. “The defendant Donald Trump orchestrated a criminal scheme to corrupt the 2016 presidential election,” said prosecutor Matthew Colangelo told jurors. At the hearing, Trump’s attorneys came to an agreement with the New York attorney general’s office on the terms of that $175 million bond. Trump’s attorneys representing him in the civil matter later stopped by the criminal trial and spoke to cameras in the hallway outside the courtroom where Trump sat at the defense table.

Persons: Donald Trump, –, Stormy Daniels, Trump, ” Trump, Judge Juan Merchan, ”, Matthew Colangelo, “, ” Colangelo, Cohen, David Pecker, Colangelo, it’s, Todd Blanche, “ Donald Trump, ” Blanche, he’s, Blanche didn’t, It’s, Blanche, Cohen’s, Trump ”, Trump’s, Michael Cohen, President Trump, He’s, Pecker, Karen McDougal –, Letitia James, James ’, ” Alina Habba, Merchan, Chris Conroy, Emil Bove Organizations: CNN, Prosecutors, National Enquirer, Trump, American Media Inc, Defense, AMI, Pecker’s AMI, New, Specialty Insurance Locations: New York

Read previewThe judge presiding over Donald Trump's historic criminal trial has barred testimony that the former president's wife, Melania Trump, was pregnant at the time a former Playboy model says she had an affair with Donald Trump. Additionally, Steinglass explained that during the trial, he planned to bring into evidence how McDougal claims she had the affair with Trump while Melania Trump was pregnant with their now-18-year-old son Barron. AdvertisementThe McDougal-Trump narrative includes "that Karen McDougal was a former Playboy model," and that the affair began "when his wife, Melania, was pregnant with his child," Steinglass said. AdvertisementDonald Trump's lead attorney, Todd Blanche, argued strenuously against any evidence concerning a "literally just salacious with no value." Merchan ruled that he would allow prosecutors to talk about Trump's alleged affair with McDougal during the trial — but that he would not permit them to mention that Melania Trump was pregnant at the time.

Persons: —, Donald Trump's, Melania Trump, Donald Trump, Joshua Steinglass, Juan Merchan, Karen McDougal, McDougal, Steinglass, Trump, Barron, Melania, Trump's, Stormy Daniels, Todd Blanche, Blanche, It's, Merchan, Daniels, Prosecutors, Michael Cohen Organizations: Service, Playboy, New, Business, Trump, American Media Inc, National Enquirer, AMI Locations: Manhattan

☆ Key players in Trump’s hush money trial
▼ + stars: | 2024-04-15 | by ( Kaanita Iyer | ) edition.cnn.com time to read: +5 min

CNN —Donald Trump’s criminal New York hush money trial begins Monday, more than a year after the former president was indicted in the case. Stormy DanielsAdult-film star Stephanie Clifford, better known as Stormy Daniels, received a $130,000 payment just days before the 2016 presidential election. Michael CohenThe $130,000 payment to Daniels was made by Cohen, then Trump’s personal attorney, who landed in federal prison over that transaction for breaking campaign finance laws. Cohen, now a critical witness, has said that Trump directed him to make the payment to Daniels. Judge Juan MerchanNew York Supreme Court Judge Juan Merchan, who is known for maintaining control of his courtroom even when his cases draw considerable attention, will preside over this case.

Persons: Donald Trump’s, Donald Trump, Trump, ” Trump, Stephanie Clifford, Stormy Daniels, Daniels, Michael Cohen, Cohen, he’s, David Pecker, Pecker, Karen McDougal, Hope Hicks, Hicks, Attorney Alvin Bragg, Alvin Bragg, Bragg, Juan Merchan, Steve, Trump’s, Allen Weisselberg, Merchan, Sydney Kashiwagi, CNN’s Devan Cole, Kara Scannell, Lauren del Valle, Jeremy Herb, Marshall Cohen, Kaitlan Collins Organizations: CNN, Prosecutors, Trump, American Media Inc, National Inquirer, AMI, Manhattan, Attorney, Juan Merchan New, Trump Organization, Democratic Locations: York, Manhattan

☆ Donald Trump hush money trial, explained
▼ + stars: | 2024-04-13 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +8 min

CNN —Former President Donald Trump is set to go on trial this month in Manhattan for his alleged role in a hush money scheme to silence his alleged mistresses before the 2016 election. Here’s what to know to get up to speed on this first criminal trial:What’s the general outline of the hush money case? The judge overseeing the hush money case, Juan Merchan, expanded a gag order on Trump after the former president attacked Merchan’s daughter on social media. And the witness list for this hush money case includes former Trump aides such as Hope Hicks. So that’s why this New York case about hush money paid eight years ago is the one that’s going to trial first.

Persons: Donald Trump, Trump, Karen McDougal, David Pecker, Stephanie Clifford, Stormy Daniels, Trump’s, Michael Cohen, Cohen, Daniels, McDougal, Attorney Alvin Bragg, Juan Merchan, Merchan’s, Michael Avenatti, Hope Hicks Organizations: CNN, White House, Trump, National, American Media Inc, AMI, Street, McDougal, Federal, Commission, Manhattan, Attorney, Beverly, Hotel, Manhattan DA, New, Republican Party, Fulton County DA Locations: Manhattan, Georgia, New York, Lake Tahoe, Fulton County , Georgia, Miami, York

☆ Jane Goodall’s 90th birthday marked with stunning images by 90 female photographers
▼ + stars: | 2024-04-04 | by ( Amarachi Orie | ) edition.cnn.com time to read: +3 min

Rolex’s Perpetual Planet initiative has partnered with CNN to drive awareness and education around key sustainability issues and to inspire positive action. CNN —Renowned primatologist Jane Goodall turned 90 on Wednesday—and to mark the occasion, 90 female photographers have put their work up for sale for 90 days. The Jane Goodall Foundation, which works to protect chimpanzees and their habitat, will receive 60% of the proceeds. “Jane Goodall did more than just redefine our understanding of the relationship between humans and animals; she shattered barriers and opened doors for women everywhere,” she added. The British animal behaviorist is known for her enduring and exceptionally detailed research on the chimpanzees of Gombe Stream National Park.

Persons: Jane Goodall, Jane Goodall’s, Ami Vitale, “ Jane Goodall, Jody MacDonald, Tui De Roy, Tamara Dean, Rajan, Goodall, ” Goodall, “ Organizations: CNN, Jane Goodall Foundation, National Geographic, Vital Locations: Hope, Tanzania’s Gombe, Gombe

☆ The Americans are 'rightly perplexed' at Netanyahu's reaction: Former Israeli foreign minister
▼ + stars: | 2024-03-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Americans are 'rightly perplexed' at Netanyahu's reaction: Former Israeli foreign ministerShlomo Ben-Ami, former foreign affairs minister of Israel, discusses Israeli Prime Minister Benjamin Netanyahu's decision to cancel his Washington visit after the U.S. abstained from voting on the U.N. Security Council's Gaza cease-fire resolution.

Persons: Shlomo Ben, Ami, Benjamin Netanyahu's Organizations: Israel, Israeli Locations: Security, Gaza

☆ Trial shocker: Jurors can hear about a 2015 Trump Tower meeting that prosecutors say was a hush-money huddle hosted by Trump
▼ + stars: | 2024-03-19 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewIn a blow to former President Donald Trump's prospects in his upcoming Manhattan felony trial, the judge ruled Monday that jurors can hear about a Trump Tower meeting where prosecutors say Trump was physically present as hush money was discussed. News of the August 2015 meeting and Trump's involvement was first revealed in November 2018 by The Wall Street Journal. The Trump Tower meeting is key to understanding that allegation, Merchan wrote. Prosecutors allege the 2015 Trump Tower meeting involved discussions of how the supermarket tabloid could publish flattering stories about Trump and negative stories about his opponents, the judge wrote. Advertisement"The Court grants the People's motion with respect to the introduction of evidence surrounding the Trump Tower Meeting," he wrote.

Persons: —, Donald Trump's, Trump, Stormy Daniels, Karen McDougal —, Michael Cohen, Daniels, McDougal, Cohen, David Pecker, Juan Merchan, Merchan, Pecker Organizations: Service, Trump, Wall Street, Business, CNN, American Media Inc, National Enquirer, Prosecutors, AMI Locations: Manhattan

☆ The 'Barbie' cast wore all-black to celebrate America Ferrera, not protest their Oscar snubs
▼ + stars: | 2024-03-11 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +5 min

AdvertisementBut these fans were ignoring the fact that one "Barbie" star was wearing Barbie pink — America Ferrera. America Ferrera attends the 2024 Oscars. It was a showstopping dress that finally gave Ferrera — who mostly wore black during the "Barbie" press tour — her big red-carpet moment. America Ferrera presenting at the 2024 Oscars with her "Barbie" costar Kate McKinnon. AdvertisementFerrera received her first Oscar nomination for "Barbie."

Persons: —, Margot Robbie, Robbie, strapless Versace, Mike Coppola, Barbie, Ryan Gosling, Kate McKinnon, Simu Liu, Issa Rae, Greta Gerwig hadn't, Jeff Kravitz, America Ferrera, Arturo Holmes, Ferrera —, Gerwig's snubs, Gosling, Hillary Clinton, Gerwig, America, Rich Polk, Ferrera, Rita Moreno, Da'Vine Joy Randolph, Emma McIntyre Organizations: Service, Academy, Business, AMI, ABC, Hollywood, America, Variety, Latina

As well as celebrating the year in movies, the annual extravaganza has long been the red carpet event of the year. Kevin Mazur/Getty ImagesTeo Yoo. Alberto Rodriguez/Variety/Getty ImagesJamie Lee Curtis looked elegant in a flowing black gown by Dolce & Gabbana. Kevin Mazur/Getty ImagesLeah Lewis, star of Best Animated Feature “Elemental,” looked dreamy in a layered Lever Couture gown featuring a whimsical train. Marleen Moise/Getty ImagesTaylor Zakhar Perez popped on the red carpet with a blue Prada suit styled by leading celebrity stylist Jason Bolden.

Persons: Margot Robbie who’s, “ Barbie ”, Colman Domingo, America Ferrera, Billie Eilish, Zendaya, Danielle Brooks, Mike Coppola, Andrea Riseborough, Loewe, Alberto Rodriguez, Ferrera, Richard Shotwell, Steinfeld, Elie, Sarah Meyssonnier, Huy Quan, Giorgio Armani, Jordan Strauss, Kirsten Dunst, Jesse Plemons Jordan Strauss, Louis, David Yurman, Laverne Cox, David Swanson, Issa Rae, Mark Ronson, Grace Gummer, Kevin Mazur, Teo Yoo, Barbie, Simu Liu, Sean Lennon, Kemp Muhl, Gilbert Flores, Sandra Hüller, Cartier, Justine Triet Jordan Strauss, AP Gabrielle Union, Dwyane Wade Kevin Mazur, Ludwig Göransson Kevin Mazur, Masaki Takahashi, Takashi Yamazaki, Kiyoko, Christina, Eva Longoria’s, Tamara Ralph, Rita Moreno, Reuters D'Pharaoh Woon, Chasinghorse, Jamie Lee Curtis, Omar Rudberg, Sarah Morris, WireImage, Sean Wang, Chang Li Hua, Sam Davis, Yi Yan Fuei, Chang, Yi, Leah Lewis, Gregg DeGuire, Dominic Sessa, Tom Ford, Celine Song, Reuters Marlee Matlin, Oscar, dazzled, Raymond, Marleen Moise, Ramakrishnan, Zuhair Murad, Getty, Taylor Zakhar Perez, Jason Bolden, Erika Alexander Organizations: CNN, Dolby Theatre, Hollywood’s, America, Dolce, Gabbana, Elie Saab, Louis Vuitton, Getty, AMI Paris, Variety, AP, Los Angeles Times, Reuters Locations: AFP

☆ This tiny EV is the most ridiculous 'car' I've ever driven — but it's also a blast
▼ + stars: | 2024-03-10 | by ( Chris Johnston | ) www.businessinsider.com time to read: +1 min

The Ami is most ridiculous "car" I've ever driven — but it turns heads and is a lot of fun too. I thought I knew what to expect, but it wasn't until the "car" was driven off the trailer that I realized I'd taken custody of a large lawnmower. A large electric lawnmower. The Ami (French for "friend") also looked like it'd been washed in an army surplus cycle. Appropriately enough I almost made a new friend before I'd even parked, as a passer-by asked if I'd just bought it.

Persons: Ami, —, Ram, Romeo —, I'd Organizations: Service, Dodge, Peugeot Locations: London

☆ Fatal Houthi rebel attack may be a ‘red line’ in Red Sea shipping crisis
▼ + stars: | 2024-03-07 | by ( Hanna Ziady | ) edition.cnn.com time to read: +6 min

The deadly strike marks a significant escalation of the Houthi attacks on ships in the Red Sea and and comes despite a US-led naval coalition to protect the crucial waterway. Fewer ships appear to be transiting through the Red Sea and adjoining Suez Canal after the latest attack, according to maritime risks analytics company Windward. According to Windward, the number of bulk carriers anchoring outside ports to the north and south of the Suez Canal surged 225% Wednesday compared with the previous day. Windward data shows that last month the number of bulk carriers in the Red Sea was already at its lowest level in two years. Just 30% of the usual shipping capacity — including container ships, bulk carriers, car carriers, and tankers carrying oil and liquefied natural gas — is still passing through the Red Sea and Suez Canal, according to Sand.

Persons: Ami Daniel, ”, Peter Sand, “, Hapag Lloyd —, Christine Lagarde, CMA CGM, Stephen Cotton, Cotton, David Ashmore, Reed Smith, John Stawpert, ” Maisie Linford Organizations: London CNN, Liberian, ” Windward, CNN, Maersk, MSC, European Central Bank, Drewry, CMA, International Transport Workers ’ Federation, International Chamber of Shipping Locations: Red Sea, Iran, Suez, Africa, Windward, Red, Norway, Sand, “, London, Good, Gulf, Aden and Red, Aden

☆ The Kremlin has never been richer – thanks to a US strategic partner
▼ + stars: | 2024-02-19 | by ( Nick Paton Walsh | Florence Davey-Attlee | ) edition.cnn.com time to read: +9 min

It amounts to US strategic partner New Delhi stepping in to replace crude purchases by Western buyers, reduced by sanctions over Russia’s invasion of Ukraine, the analysis said. The United States led a coalition of countries in late 2022 that agreed to a “price cap,” undertaking not to buy Russian crude above $60 a barrel. Those nations also forbade their shipping companies and insurance firms – key players in global shipping – from facilitating the trade of Russian crude above that price. “The price cap was the real trigger for the creation of the shadow fleet,” said Viktor Katona, head of crude oil analysis at trade research firm Kpler. It will be $150.”India’s complex role in global oil trade is also reflected in the fate of the oil products Russian crude is turned into.

Persons: they’re, ”, David Tannenbaum, Viktor Katona, Tannenbaum, ” Ami Daniel, Vladimir Putin, Howard Shatz, Singh Puri, Rosneft, Daniel, I’m Organizations: CNN, Centre for Research, Energy, Clean, Star, Pole Star, US Treasury, United, Pole Star Global, European Union, RAND, India’s, Petroleum, Natural Gas, CNBC, Nayara, Kremlin Locations: Russia, Ukraine, India, United States, Delhi, Moscow, Laconian Gulf, Greece, Suez, Russian, Kyiv, Vadinar

☆ Trump’s New York self-defense, annotated
▼ + stars: | 2024-02-15 | by ( Zachary Wolf | Analysis Zachary B. Wolf | ) edition.cnn.com time to read: +15 min

We got a preview of this unprecedented criminal trial mixed with a presidential campaign on Thursday at a key hearing in the New York criminal case. Claiming violent crime in cites, especially those run by Democrats, is one of Trump’s favorite talking points. The idea that violent crime is at an “all-time high” is completely untrue, as CNN’s Daniel Dale wrote last October. But the judge in Manhattan has filled Trump’s calendar at the end of March, when that federal trial could theoretically have taken place. But as The New York Times notes, despite the rising number of migrants in the city, violent crime has dropped.

Persons: Donald Trump, Trump, Fani Willis, I’ve, there’s, It’s, he’s, Attorney Alvin Bragg, Karen McDougal, Michael Cohen, Stormy Daniels, Daniels, Cohen, Daniel Dale, Dale, Joe Biden’s, ”, Biden, Jack Smith, Bragg, Willis, There’s, Matthew Colangelo, Letitia James, Democratic Sen, Chuck Schumer, I’m, Richard Nixon, Ronald Reagan, Alexey Navalny, Vladimir Putin, ” Trump, you’re, –, Nikki Haley, Haley, we’ve, let’s Organizations: CNN, New, Manhattan, Attorney, Trump, National Enquirer, American Media Inc, Enquirer, The Trump Organization, AMI, Department of Justice, New York City Police Department, Justice Department, New York, Democratic, Republican, Republicans, South Carolina Gov, GOP, Biden, New York Times, White Locations: Manhattan, New York, Georgia, Washington ,, Russia, South Carolina, Carolina, Florida, Texas, New York City, “

☆ Democrats have become way more comfortable putting Israel aid on hold amid the ongoing war in Gaza
▼ + stars: | 2024-02-07 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Democrats believe it will be essentially impossible to get that aid through both chambers of Congress without attaching it to Israel aid. AdvertisementYet despite AIPAC's endorsement of a $11.7 billion Israel aid package on Tuesday, all but 46 House Democrats voted against it. Democratic Rep. Don Beyer, a former diplomat, said he sees little urgency in approving more Israel aid. Another factor in Democrats' rejection of the Israel aid bill was its exclusion of humanitarian aid for Palestinians, which is included in the Senate's foreign aid bill. And there are some progressive Democrats who are likely to spurn further Israel aid altogether.

Persons: —, That's, it's, Israel, Don Beyer of Virginia, Beyer, I'm, Joe Biden, Chuck Schumer, Don Beyer, Bill Clark, Greg Landsman, Jeremy Ben, Ami, Landsman, Sen, Bernie Sanders of, Rep, Alexandria Ocasio, Cortez Organizations: Service, Business, Democratic Rep, Republicans, Internal Revenue Service, GOP, Democratic, Jewish, Democrats Locations: Israel, Ukraine, Gaza, Ohio, Bernie Sanders of Vermont, Alexandria, Cortez of New York

LONDON (AP) — A major work by surrealist painter René Magritte that hasn’t been shown in public for a quarter century could fetch 50 million pounds ($64 million) at auction next month. Christie’s auction house announced Saturday that it will offer “L’ami intime” (The Intimate Friend) at a March 7 sale in London marking a century of the surrealist movement in art. The painting includes several of the Belgian artist’s signature motifs, including a bowler-hatted man and fluffy white clouds on a blue sky. Last exhibited publicly in Brussels in 1998, it’s being auctioned for the first time since 1980, and has a pre-sale estimate of between 30 million and 50 million pounds ($38 million and $64 million). Camu said Magritte, who died in 1967, has become the most “in-demand” of all the surrealists.

Persons: René Magritte, hasn’t, Olivier Camu, Magritte, Last, it’s, Andre Breton’s, ” Camu, Camu, Salvador Dali, “ Magritte, —, “, ”, Gilbert Kaplan —, Lena Kaplan Locations: London, Belgian, Brussels, Los Angeles, New York, Hong Kong

TAIPEI, Taiwan (AP) — A bipartisan delegation from the United States Congress reaffirmed support for Taiwan during a visit Thursday, following the election of its new president. The delegation’s visit is the first from U.S. lawmakers to the island since the independence-leaning Democratic Progressive Party won a third-straight term in the Jan. 13 presidential election. Beijing strongly condemned Lai Ching-te's election and appears set to continue its policy of refusing to engage with the island’s government — a practice that's been in place since Tsai Ing-wen’s election in 2016. “The support of the United States for Taiwan is firm. President-elect Lai thanked the visiting co-chairs of the U.S. Congressional Taiwan Caucus for their visit, saying that “today’s Taiwan is a Taiwan of the world."

Persons: Lai Ching, that's, Tsai Ing, Mario Díaz Balart, Ami Bera, " Bera, “, Balart, ”, Bera, Lai, Hsiao Bi, President Tsai, Nancy Pelosi Organizations: United, Congress, Taiwan, Democratic Progressive Party, U.S, Florida Republican, California, U.S . Congressional Taiwan Caucus Locations: TAIPEI, Taiwan, U.S, China, Beijing, United States, Florida, “, Washington

☆ U.S. Navy sends first warship through Taiwan Strait post-election
▼ + stars: | 2024-01-25 | by ( ) www.cnbc.com time to read: +2 min

A view of the US Navy's aircraft carrier the USS Gerald R. Ford, the 'world's largest warship.' The United States Navy sailed its first warship through the sensitive Taiwan Strait on Wednesday following presidential and parliamentary elections on the island, drawing the ire of Beijing. The U.S. Navy said the destroyer USS John Finn transited through a corridor in the Taiwan Strait that was "beyond the territorial sea of any coastal state". "John Finn's transit through the Taiwan Strait demonstrates the United States' commitment to upholding freedom of navigation for all nations as a principle," the U.S. Navy said in its statement. The U.S. Navy's last announced passage of a warship through the strait was in early November, joined that time by a Canadian frigate.

Persons: Gerald R, Ford, John Finn, John, Navy's, Mario Diaz Balart, Ami Bera Organizations: United States Navy, The U.S . Navy, U.S . Navy, U.S ., Eastern Theatre Command, U.S . House, Representatives Taiwan Caucus, Republican, Democratic Locations: Taiwan, Beijing, The, John Finn's, United States, U.S, Canadian, Taipei, China

☆ Taiwan President-Elect Says He Hopes for Continued Firm US Support
▼ + stars: | 2024-01-24 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

TAIPEI (Reuters) -Taiwan president-elect Lai Ching-te said on Thursday he hopes that the United States can continue to firmly support Taiwan, as he met the first group of U.S. lawmakers to visit Taipei since he won an election earlier this month. "I also hope that the two co-chairs and our friends in the U.S. Congress can continue to support Taiwan in bolstering its self-defence capabilities." Diaz-Balart told Lai his main message was that U.S. support for Taiwan was firm, real and "100% bipartisan". "Rest assured that you have the support of the United States Congress," he said. China has repeatedly warned the United States to stop its support for Taiwan and the issue is a constant irritant in Sino-U.S. relations.

Persons: Lai Ching, Lai, Mario Diaz, Ami Bera, Diaz, Balart, Tsai Ing, Joe Biden, Ben Blanchard, Kim Coghill, Michael Perry, Raju Gopalakrishnan Organizations: Democratic Progressive Party, U.S . House, Representatives Taiwan Caucus, Republican, Balart, Democratic, ., U.S, Congress, United States Congress Locations: TAIPEI, Taiwan, United States, U.S, Taipei, China

TAIPEI, Taiwan (AP) — The co-chairs of the U.S. Congressional Taiwan Caucus on Wednesday opened the first trip by U.S. lawmakers to the island where the independence-leaning Democratic Progressive Party won a third straight term in presidential elections this month. China, America's chief competitor for global influence, claims Taiwan as its own territory and threatens to use force to bring it under its control. While China regularly sends warplanes and navy ships to intimidate and harass Taiwan, there was no discernible spike in activity on Tuesday and Wednesday. The Defense Ministry reported seven Chinese warplanes and five naval vessels had been detected near the island over the previous 24 hours. It also said two Chinese balloons flew over the island's northern and southern regions.

Persons: Ami Bera, Florida Republican Mario Díaz, ”, Lai Ching, Tsai Ing, Nancy Pelosi, Joe Biden Organizations: U.S . Congressional Taiwan Caucus, Wednesday, U.S, Democratic Progressive Party, Reps, Florida Republican, The Defense Ministry Locations: TAIPEI, Taiwan, California, United States, China, Beijing, Taipei . Washington

☆ U.S. Lawmakers Arrive in Taiwan in Post-Election Show of Support
▼ + stars: | 2024-01-23 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

The two members of Congress plan to engage with senior officials and business leaders during their visit. Lai Ching-te from Taiwan's ruling Democratic Progressive Party (DPP) won the Jan. 13 presidential election and will take office on May 20. China views visits by U.S. officials to Taiwan as sending an encouraging signal to the pro-independence camp on the island. Taiwan's government says Beijing has no right to speak for the island's people or represent them on the world stage. The United States is Taiwan's most important international backer, despite the lack of formal diplomatic ties, and a major arms supplier to Taipei.

Persons: Patricia Zengerle WASHINGTON, Mario Diaz Balart, Ami Bera, Lai Ching, Lai, Patricia Zengerle, Sandra Maler Organizations: U.S . House, Representatives Taiwan Caucus, Republican, Democratic, Democratic Progressive Party, U.S Locations: Taipei, Taiwan, United States, China, Beijing

PARIS (AP) — Paris Men’s Fashion Week, ending Sunday, has witnessed a striking dichotomy of styles. Here are some highlights of fall-winter 2024 men's shows:SACAI’S BOLD WARRIOR CHICAs the sun set on Paris Menswear Week, Sacai, Japan’s commercial juggernaut in the fashion world, delivered imaginatively. This season’s Paris Men’s Fashion Week traveled from the elegantly understated to the boldly expressive. In contrast with this muted luxury, Balmain made a striking comeback to men’s fashion with a lineup that screamed opulence. Menswear week showcased the dual nature of men’s luxury fashion, oscillating between the quietly sophisticated and the unapologetically extravagant.

Persons: Chitose Abe, Abe’s, WOOYOUNGMI’S, Naomi Campbell, Rick Owens, Owens, Jamie Dornan, Zayn Malik gracing, Loewe, Louis Vuitton, Yohji, Wim Wenders, Norman Reedus, Zinédine Zidane Organizations: PARIS, Paris, AMI, Balmain Locations: Paris, Paris Seoul, PARIS

☆ Fears of prolonged Red Sea shipping crisis fuel inflation fears, as oil, retail cargo delays rise
▼ + stars: | 2024-01-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

"If so, we expect the soaring freight rates and equipment shortage will continue till the third quarter," it advised clients. This would be on top of the revenue lost by diverted container vessels which are required to pay between $500,000-$600,000 per transit. "However, given the longer transit times vessels are experiencing, the market may face a shortage of empties across Asia until sailings normalize." Evelyn Fornes, Home Depot spokeswoman, said it is working with logistics carriers to find alternate routes to limit any impact from the Red Sea conflict. East Coast freight rates soar While freight rates for U.S. West Coast ports have yet to spike, freight rates for the East Coast and Gulf are up.

Persons: Folden, Shell, Jean, Charles Gordon, Nyttingnes, Torm, Euronav, Tom, Hafnia, Andy Lipow, Kuehn, Nagel, Ami Daniel, Goetz Alebrand, Stephen Schwarz, Paolo Montrone, Kuehn + Nagel, Alan Baer, Baer, Evelyn Fornes, Fornes, Lane Organizations: Galaxy, Houthis Media, Getty Images, Anadolu, Getty, U.S, Clarksons Securities, Honour Lane Shipping, Wall Street, Shell, Suez, Authority, Lipow Oil Associates, Logistics, CNBC, DHL Global, Asia Pacific, Kuehn, USA, Home, Costco, Walmart, Home Depot, Volvo, Michelin, Ikea, East, U.S . Locations: Iran, Yemen, Anadolu, Hafnia, Ardmore, Suez, Israel, Americas, Asia, Europe, Wells Fargo, Red, U.S, East Coast, U.S . West Coast, Gulf, East, West, West Coast

☆ Prefab Homebuilder Veev Wanted to Fix the Housing Crisis. Here's What Went Wrong.
▼ + stars: | 2024-01-05 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +14 min

Veev also promised they would be green and less expensive, thanks to its factory process. The Veev representative said "no employee was requested to do so as a policy." The Veev representative said "production lines were not idle," and design errors were inevitable because the company was still testing its product. "While the Series D money was committed, not all of it was received," the Veev representative said. "Veev and Lennar made a joint decision to stop building the Gramercy project," the Veev representative wrote.

Persons: Henry Ford, Veev, Lennar, Elon, Veev Veev, Amit Haller, Ami Avrahami, Dafna Akiva, Haller, Ari Rauch, Rauch, Bond, Calcalist, I've, Scott Long, thatit, Long, Veev's Organizations: Federal Reserve, Business, Katerra, Industry, American, BI, NSF, Fortune, Employees, Dow Chemical, Lennar, Gramercy, Hayward, Wall LLC Locations: Hayward , California, homebuilding, San Carlos , California, Tel Aviv, California

☆ Spanish media association files $598 mln lawsuit against Facebook owner Meta
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +1 min

A Meta logo is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 14, 2023. REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsMADRID, Dec 4 (Reuters) - A group representing 83 Spanish media outlets on Monday said it has filed a 550 million euro ($598 million) lawsuit against Facebook owner Meta Platforms (META.O), citing unfair competition in the advertising market. The lawsuit was filed by the AMI newspaper publishing association in a commercial court on Friday, the association said in a statement on Monday. The complaint is the second time Spanish media are challenging tech companies to protect their turf. In 2014, the Spanish government forced the closure of Alphabet's (GOOGL.O) Google News service until 2022 when new legislation allowing media outlets to negotiate directly with the tech giant was passed.

Persons: Gonzalo Fuentes, El, Inti Landauro, Jakub Olesiuk, David Goodman, Emelia Organizations: Viva Technology, Porte de, REUTERS, Rights, Facebook, Meta, AMI, El Pais, ABC, Google, Thomson Locations: Porte, Paris, France, Spanish

☆ Inside the chaotic Thanksgiving-weekend collapse of homebuilder startup Veev that left employees shocked and worried about their jobs
▼ + stars: | 2023-11-30 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +10 min

But for workers of Lennar-backed homebuilder Veev, they were spent scrambling to determine if they would still have jobs come Monday. Speaking to the "Veev Family," he wrote: "Family will stay in touch and together forever, even if it is going to be only within our hearts." The company has about 250 employees, according to news site Calcalist. "We call it the Veev family," Haller said. On a very personal note, for me Amit Haller, Veev was my personal journey in the past 15 years, half of my professional career and about ⅓ of my entire life.

Persons: Amit Haller, Veev, Haller, doesn't, we're, homebuilder, Kleiner Perkins, Bond, Lennar, Linda Keala, Ami, Amit Organizations: Business, Dragonfly, Wall, Center, Real Estate, Technology Innovation, Employees, Dafna Locations: California, Tel Aviv, Hayward , California, Haller, Reali, @nicollsanddimes, .

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