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☆ 3 people killed when 8 shot at a gathering in Chicago's Gage Park neighborhood
▼ + stars: | 2024-12-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +1 min

Eight people were shot, three fatally, Monday afternoon during a "social gathering" at a residence in Chicago's Gage Park neighborhood, a police official said. Chicago Police Chief of Patrol John Hein said that the shooting happened while a social gathering was taking place. Police investigate multiple shootings in Chicago's Gage Park neighborhood on Monday. NBC ChicagoThe victims, four men and four women, are 20 to 35 years old, Hein said. All of the deceased were men, Hein said.

Persons: John Hein, Hein Organizations: Chicago Fire Department, NBC Chicago . Chicago Police, Police, NBC Chicago Locations: Chicago's Gage

☆ I moved from Toronto to NYC and have no plans to return to Canada. I prefer life in the US.
▼ + stars: | 2024-12-03 | by ( Jeremy Berke | ) www.businessinsider.com time to read: +5 min

AdvertisementI moved from Canada to the US in 2010 and have no plans to return anytime soon. Canada's healthcare isn't as great as it soundsMy left-leaning American friends dream about moving north under the specter of a second Trump administration. At the same time, Canada's healthcare system experiences some of the longest wait times for "elective" procedures like knee replacements, and there's no way to skip the line, for better or worse. Why I'm staying in New YorkI'm not a fan of the direction American politics is taking. But thanks to the plentiful opportunities in New York and the lack thereof I see in Canada, I'm staying in the US.

Persons: they're, specter, Trump, I'm, you'll, haven't, It's Organizations: Canada, Bowdoin College, New Locations: Canada, Toronto, New York, New York City, Alabama, Ontario, Maine, PitchBook, Brooklyn

Police stand guard in front of the main gate of the National Assembly in Seoul on December 3, 2024, after South Korea's President Yoon Suk Yeol declared emergency martial law. South Korea President Yoon on December 3 declared emergency martial law, saying the step was necessary to protect the country from "communist forces" amid parliamentary wrangling over a budget bill. The iShares MSCI South Korea ETF, which tracks more than 90 large and mid-sized companies in South Korea, tumbled 6% to hit a 52-week low. South Korean stocks dropped in the U.S. on Tuesday after President Yoon Suk Yeol invoked emergency powers and declared martial law, raising fear of instability in the world's 13th largest economy. This is the first time since 1980 a South Korean leader has issued a martial law declaration.

Persons: Yoon Suk Yeol, Yoon, Yoon Suk, — Organizations: National Assembly, South, Korea ETF, Korea Electric, KT Corporation, Korea Telecom, Korea Exchange, U.S, South Korean Locations: Seoul, Korea, South Korea, U.S, Korean, South Korean, North Korea

☆ Russia wants its pro-war bloggers to identify themselves by 2025. Only about 10% of its top channels are complying, analysis says.
▼ + stars: | 2024-12-03 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

But Kremlin-affiliated and pro-war accounts aren't playing ball, independent Russian media reported. A new analysis found that only 10 of the top 82 political pro-government Telegram channels had registered. Nearly 90% of Russia's top pro-war Telegram channels have been ignoring a government directive to identify themselves in an official registry, per an analysis by independent media outlet Vertska. But the move was originally unpopular with pro-Kremlin military bloggers, who often maintain anonymity and sometimes post analyses and criticism of Russian war leaders. Vyacheslav Volodin, the chairman of Russia's State Duma, runs the most popular registered channel.

Persons: Vladimir Putin, Vertska, Rybar, Ramzan Kadyrov, Dmitry Medvedev, Sergei Sobyanin, Boris Rozhin, Cassad, Dmitry Nikotin, Vyacheslav Volodin, Roskomnadzor Organizations: Kremlin, Security Council, Russian Defense, Duma, Business, YouTube Locations: Russia, Russian, Moscow's, Washington, Ukraine, Moscow

☆ Why did South Korea's president declare martial law?
▼ + stars: | 2024-12-03 | by ( Ellie Zolfagharifard | Ryan Pickrell | ) www.businessinsider.com time to read: +5 min

South Korea's president, Yoon Suk Yeol, on Tuesday invoked martial law, a stunning move that threw the nation into turmoil. The last time that a South Korean leader declared martial law was in 1979 following the assassination of the president. South Korea's parliament voted unanimously to block the president's decree, declaring the shocking move invalid, but martial law remains in effect. The semi-official South Korean news agency also said that media and publishers fall under the control of the South Korean military. Hours after Yoon declared martial law, live TV showed South Korea's parliament passing a motion requiring the law to be lifted.

Persons: Yoon Suk Yeol, Yoon, Yoon Suk, Kim Jong, Yoon didn't, South Korea Philip Goldberg, Yoon's, Biden, Han Dong, Lee Jae, Yonhap Organizations: South, People Power Party, Democratic Party of Korea, National Assembly, Associated Press, South Korean, State Department, Power Party, Korean, US National Security, KB Financial Group, POSCO Holdings, Wall Street Locations: Korean, South Korea, Korea's, North Korea, Korea, South

☆ Mark Zuckerberg is 'very keen to play an active role' in Trump's tech policymaking, Meta exec says
▼ + stars: | 2024-12-03 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Still, Zuckerberg is "keen to play an active role" in Trump's conversations on tech policymaking, a Meta exec told reporters. Elon Musk already has Donald Trump's ear on policy discussions — it sounds like Mark Zuckerberg wants in on that too. However, the Meta CEO and the president-elect have been in contact recently, meeting for dinner last week at Trump's Mar-a-Lago estate. He added that Zuckerberg wants to be involved in Trump's conversations about tech policymaking. In an interview, the Meta CEO said Trump's reaction to being shot at a Pennsylvania rally this summer was "badass."

Persons: Mark Zuckerberg, Donald Trump, Zuckerberg, Meta's Nick Clegg didn't, Elon Musk, Donald Trump's, Nick Clegg, Clegg, Trump Organizations: Trump, Trump's, Facebook Locations: Lago

☆ Chad Chronister Withdraws as Trump’s Pick to Lead DEA
▼ + stars: | 2024-12-03 | by ( Alan Feuer | ) www.nytimes.com time to read: +1 min

Sheriff Chad Chronister, President-elect Donald J. Trump’s pick to lead the Drug Enforcement Administration, withdrew his name from consideration for the office on Tuesday, only three days after he was nominated. Sheriff Chronister, who is in charge of the sheriff’s department in the Florida county that is home to Tampa, announced his withdrawal in a message on social media, saying that as “the gravity of this very important responsibility set in,” he had changed his mind about accepting the nomination. “There is more work to be done for the citizens of Hillsborough County and a lot of initiatives I am committed to fulfilling,” he wrote. “I sincerely appreciate the nomination, outpouring of support by the American people, and look forward to continuing my service as Sheriff of Hillsborough County.”With 48 days still to go before Mr. Trump takes office, Sheriff Chronister is the second of Mr. Trump’s appointments to back out of a nomination. And a handful of other picks are facing potentially rocky paths in the Senate.

Persons: Chad Chronister, Donald J, Sheriff Chronister, ”, “, Trump, Matt Gaetz Organizations: Drug Enforcement Administration, Mr, Sheriff Locations: Florida, Tampa, ”, Hillsborough County

☆ Singles say this is the No. 1 type of person they want to date in 2025, according to new Tinder report
▼ + stars: | 2024-12-03 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +1 min

No matter what traits your partner possesses, TikTok can sort them into a dog-adjacent category. There is one dog breed that exemplifies what daters are looking for the most: golden retriever. Near half, 45%, of singles are seeking a "golden retriever type" in 2025, according to Tinder's end-of-year report. Scroll TikTok and you'll find millions of girls touting the benefits of dating the positive, loyal guy. Here are three signs your date has the potential to be a "golden retriever."

Persons: goldenretrieverboyfriend, Devyn Simone

☆ Jaguar releases a concept for its new EV model after a controversy over its rebranding — which didn't feature a car
▼ + stars: | 2024-12-03 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +7 min

Now, the luxury British carmaker has filled in some of the blanks regarding its new identity by revealing a concept car at Miami Art Week. A front view of Jaguar's concept car. A side-view of Jaguar's concept car. JaguarThree brass lines run through the length of the concept car, with one right down the middle. JaguarAn interior view of Jaguar's concept car.

Persons: Constantino Segui Gilabert, Tom Holden, flack, Elon Musk, Jaguar's, Rawdon Glover, —, he's, Sir William Lyons, India's Tata, Glover Organizations: Miami Art, Jaguars, EV, Financial Times, SS, SS Cars Limited, Getty, India's, India's Tata Motors, Rover

☆ 'Call Her Daddy' star Alex Cooper is looking to launch a vodka brand, trademark filings suggest
▼ + stars: | 2024-12-03 | by ( Amanda Perelli | ) www.businessinsider.com time to read: +1 min

She also recently filed a trademark application for a product called "Popular Vodka by Unwell." The filing suggests Cooper could soon be the latest celebrity to launch an alcohol brand. A recent trademark application from the "Call Her Daddy" host's company — TRNDG IP, LLC. — suggests she's looking to launch a vodka venture. Celebrity-backed alcohol brands have been a popular product trend for years, from Kendall Jenner's tequila brand 818 to Ryan Reynolds' Aviation American Gin.

Persons: Alex Cooper, Cooper, didn't, Kendall, Ryan Reynolds, influencers, Alix Earle, Harry Jowsey, Madeline Argy Organizations: US, Aviation

☆ I retired at 30 with $540,000 in the bank and 'I don't have any regrets'—3 moves that helped me get there
▼ + stars: | 2024-12-03 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +5 min

When Purple's partner first told her about the FIRE movement — which stands for Financial Independence, Retire Early — in 2013, she wasn't convinced. Why would I want to retire early?'" But in October 2020, Purple retired at just 30 years old with $540,000 in savings, according to documents reviewed by CNBC Make It. Here are the three major moves Purple made to be able to retire early. Purple early retireeTravel, for example, has always been a priority for her and she will fly first-class without a second thought.

Persons: wasn't, Purple, —, doesn't, didn't, Seattle , Purple Organizations: Financial Independence, CNBC, FIRE Locations: New York City, New York, Seattle, Manhattan, Seattle ,

☆ Health officials investigate mystery disease in southwest Congo after 143 deaths
▼ + stars: | 2024-12-03 | by ( Associated Press | ) edition.cnn.com time to read: +1 min

Kinshasa, Congo AP —A flu-like disease that has killed dozens of people over two weeks is being investigated in southwestern Congo, local authorities said. The deaths were recorded between Nov. 10 and Nov. 25 in the Panzi health zone of Kwango province. Symptoms include fever, headache, cough and anaemia, provincial health minister Apollinaire Yumba told reporters over the weekend. The deputy provincial governor, Rémy Saki, told The Associated Press on Tuesday that between 67 and 143 people had died. Congo is already plagued by the mpox epidemic, with more than 47,000 suspected cases and over 1,000 suspected deaths from the disease in the Central African country, according to the World Health Organization.

Persons: Apollinaire Yumba, Rémy Saki, ”, Yumba, wasn’t Organizations: Congo AP, Associated Press, World Health Organization, WHO Locations: Kinshasa, Congo, Kwango province, Central

☆ I'm a life coach for the children of the ultrawealthy. I see the same problems over and over again.
▼ + stars: | 2024-12-03 | by ( Tess Martinelli | ) www.businessinsider.com time to read: +6 min

AdvertisementAprajita Anand has been a life coach for children of the ultrawealthy for over a decade. This as-told-to essay is based on a conversation with Aprajita Anand, 41, a life coach based in New York City. I've been a life coach for children of the ultrawealthy for 12 years. I use some of those elements as a life coach, but I emphasize taking action. When we began working together, I focused on helping her take back her locus of control by taking action, any action.

Persons: Aprajita Anand, Anand, It's, I've, I'm, they're, didn't, begrudgingly, Tess Martinelli Organizations: Netflix Locations: New York City, tmartinelli

☆ PSQ Holdings doubles, becoming latest stock to rip higher on news of Donald Trump Jr.'s involvement
▼ + stars: | 2024-12-03 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Donald Trump Jr. speaks with the media at the end of the debate between Republican vice presidential nominee U.S. Senator JD Vance (R-OH) and Democratic vice presidential nominee Minnesota Governor Tim Walz hosted by CBS in New York, U.S., October 1, 2024. Talks of Donald Trump Jr. joining the board of PSQ Holdings sent the owner of the online marketplace PublicSquare skyrocketing on Tuesday. PSQ is a microcap stock with a market capitalization of only $72 million as of Monday's close. In November, Trump Jr. joined venture capital firm 1789 Capital as a partner.

Persons: Donald Trump Jr, JD Vance, Tim Walz, Donald Trump, PublicSquare, Trump, Tucker Organizations: Republican, U.S, Democratic, CBS, Bloomberg News, PSQ Holdings, Trump Jr, Machines Locations: New York, U.S, Palm Beach , Florida

☆ Israeli Officials Welcome Trump’s Demand to Free Hostages Before Inauguration
▼ + stars: | 2024-12-03 | by ( Adam Rasgon | ) www.nytimes.com time to read: +1 min

Senior Israeli officials have welcomed President-elect Donald J. Trump’s demand that hostages taken in the Hamas-led attack on Israel be released from Gaza before his inauguration in January, and his threat that there will be “hell to pay” in the Middle East if they are not. Mr. Trump’s social media post on Monday did not elaborate on what action would be taken if the hostages are not released by Jan. 20, when he will be sworn in. Still, some Israeli officials appeared to be reassured by Mr. Trump’s remarks, which suggested the onus was more on the militants holding the hostages than on Israel to free the captives. “Thank you and bless you Mr. President-elect,” President Isaac Herzog of Israel said in a post on social media. Prime Minister Benjamin Netanyahu, seen as the main Israeli decision maker in the war against Hamas in Gaza, has not publicly commented on Mr. Trump’s remarks, nor have leaders of the Israeli military.

Persons: Donald J, Jan, Trump’s, Isaac Herzog of Israel, Benjamin Netanyahu Locations: Israel, Gaza

☆ Trump repeats vow to 'block' Nippon Steel's bid for U.S. Steel
▼ + stars: | 2024-12-03 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

U.S. President-elect Donald Trump has pledged to block Japanese company Nippon Steel's planned purchase of U.S. Steel. Nippon Steel, the fourth largest global steelmaker, reached an agreement to acquire U.S. Steel last December. U.S. Steel has an annual production capacity of around 20 million metric tons, while Nippon Steel is the leading steel producer in Japan. Nippon Steel and U.S. Steel did not immediately respond to CNBC's requests for comment on Trump's latest remarks. A spokesperson for Nippon Steel previously said the acquisition would revitalize the American Rust Belt and enhance U.S. national security "in a way no alternative can."

Persons: Donald Trump, Trump, Joe Biden, Takahiro Mori, David Burritt Organizations: Nippon, U.S . Steel, Nippon Steel of, U.S, Steel, Nippon Steel, United Steelworkers, Foreign Investment, Nippon Steel's, Trump, . Steel Locations: Nippon Steel of Japan, American, Japan, LSEG

☆ Russian tourist swept to her death by massive wave at Thai island viewpoint
▼ + stars: | 2024-12-03 | by ( Kocha Olarn | Alex Stambaugh | ) edition.cnn.com time to read: +1 min

Bangkok, Thailand CNN —A Russian tourist has died in Thailand after a huge wave swept her off a rock at a popular cliffside viewpoint, according to authorities in the Southeast Asian country. Video circulating on social media and shared by local news outlets showed Belyatskaya struggling against the rough currents. A foreign male tourist who jumped into the water after Belyatskaya was unable to save her, police added. Police said CCTV footage showed Belyatskaya get out of a car at the viewpoint, a scenic site with panoramic views of the Gulf of Thailand. The footage showed her take a pink yoga mat from the vehicle’s trunk before walking to the cliffside, police added.

Persons: Thailand CNN —, Kamilla Belyatskaya, Koh Samui, Witnesses, Belyatskaya Organizations: Thailand CNN, CNN, Police Locations: Bangkok, Thailand, Koh, Gulf, Moscow, Ukraine

☆ Trent Williams: Sondra Williams, wife of 49ers tackle, announces son was stillborn at 35 weeks
▼ + stars: | 2024-12-03 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —Sondra Williams, the wife of San Francisco 49ers tackle Trent Williams, said on social media that their son, Trenton, was stillborn on November 24. Sondra wrote on Instagram that it had been “extremely hard trying to process the saddest Hello and Goodbye.” She also said she had lost Trenton’s twin earlier in the pregnancy. Knowing I will never be able to watch you grow older alongside your sisters has my eyes filled with tears,” she said. And for that, my heart smiles with gratitude.”In the post, Sondra added that Trenton had been diagnosed with trisomy 13, which is also known as Patau syndrome. “And then he had to cremate him on Friday, so he’s been dealing with that and he’s working through it.

Persons: Sondra Williams, Trent Williams, Sondra, ”, “, Kyle Shanahan, Williams, –, ” Shanahan, you’ve, ” Williams, Charvarius Ward, Amani Joy Organizations: CNN, San Francisco 49ers, National Library of Medicine, National Library of Medicine . San, 49ers Locations: Trenton, National Library of Medicine . San Francisco

☆ Cyber Monday was the biggest US online shopping day ever
▼ + stars: | 2024-12-03 | by ( John Towfighi | ) edition.cnn.com time to read: +4 min

US consumers spent a total of $13.3 billion on Cyber Monday, up 7.3% from the previous year, according to Adobe Analytics. “While Cyber Monday remained the season’s and year’s biggest online shopping day, year-over-year growth was stronger on both Thanksgiving and Black Friday,” Vivek Pandya, lead analyst at Adobe Digital Insights, said in a statement. Online spending on Thanksgiving Day and Black Friday were up 8.8% and 10.2% year-over-year, respectively, according to Adobe. The record sales on Cyber Monday were boosted by US consumers shopping on their mobile devices, which accounted for $7.6 billion in spending. Salesforce painted a slightly different picture for US Cyber Monday, recording $12.8 billion in sales, up 2% from the previous year.

Persons: ” Vivek Pandya, Pandya, Harry Potter, Donald Trump, “, Corie Barry, Rufus, Salesforce, CNN’s Elisabeth Buchwald Organizations: CNN, Adobe Analytics, Adobe, Adobe Digital, Shoppers, Nintendo, Consumer Technology Association, Global Locations: Mexico, Canada, China, Salesforce

☆ Gotham Awards 2024: Zendaya honors mom, while Nicole Kidman and Pamela Anderson bring ’90s nostalgia
▼ + stars: | 2024-12-03 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —The stars were out Monday night for this year’s Gotham Awards, held at Cipriani Wall Street in New York City. The event “honors visionary talent in front of and behind the camera, expands the audience for groundbreaking film and television, and supports the year-round work of the not-for-profit The Gotham Film & Media Institute,” according to the organization’s site. Zendaya received the Spotlight Tribute for her role in the film “Challengers,” and she used the moment to honor her mother, Claire Stoermer. Kidman arrived in a vintage Dolce & Gabbana gown from 1998, while Pamela Anderson hit the red carpet with a makeup-free face. I just feel in my personal life, it just didn’t really make sense.”Timothée Chalamet and James Mangold received the Visionary Tribute for their collaboration on “A Complete Unknown,” the upcoming Bob Dylan biopic.

Persons: Zendaya, Claire Stoermer, “, she’s, ” Nicole Kidman, Kidman, Pamela Anderson, ” Anderson, ”, Timothée Chalamet, James Mangold, Bob Dylan, Angelina Jolie, Maria Callas, Pablo Larrain’s, Maria, ” Franklin Leonard, Denis Villeneuve, Samuel L, Jackson, John David Washington, Ray Fisher, Danielle Deadwyler, Michael Potts, Corey Hawkins, Erykah Badu, RaMell Ross, Azazel Jacobs, Gotham, Vera Drew, Joker, Colman Domingo, Clarence Maclin, Brandon Wilson Organizations: CNN, Gotham Film & Media Institute, ”, Dolce Locations: Cipriani, New York City, “

☆ French lawmakers to hold no-confidence vote against embattled Barnier government on Wednesday
▼ + stars: | 2024-12-03 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

French Prime Minister Michel Barnier (C) ahead of his general policy statement to the French National Assembly in Paris on October 1, 2024. It comes after French Prime Minister Barnier on Monday opted to push through a highly-contested budget bill without parliamentary approval by deploying special constitutional powers. French lawmakers will debate and vote on the no-confidence motions filed against the fragile government of Michel Barnier on Wednesday. "Barnier is at the mercy of Marine Le Pen's right-wing Rassemblement National [National Rally]. New parliamentary elections cannot be held until next June, 12 months after the last snap vote that was called by French President Emmanuel Macron this year.

Persons: Michel Barnier, Barnier, Le, Holger Schmieding, Emmanuel Macron, Macron, — Organizations: French, French National Assembly, EU, National Assembly, Rassemblement, U.S . Locations: Paris, Germany, Greece

☆ Elon Musk says the latest rejection of his mega Tesla payday is 'totally crazy'
▼ + stars: | 2024-12-03 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementElon Musk hit out at a Delaware judge's latest rejection of his mega pay package. The Tesla CEO said the ruling was "totally crazy" and "absolute corruption." Musk and Tesla supporters have criticized the ruling in posts on social media. Elon Musk hit out at a Delaware judge's latest rejection of his mega pay package. AdvertisementCathie Wood, founder of CEO of ARK Invest and a long-term Tesla investor, said on X: "Judge McCormick is an activist judge at its worst.

Persons: Elon, Elon Musk, Kathleen St, J, McCormick, Tesla, Musk, Cathie Wood, Paul Graham, Y Combinator, That's, Shaun Maguire Organizations: Tesla, ARK Invest, Sequoia Capital Locations: Delaware, Nevada

☆ Bill Gates recommends a 'perfect read for the holidays'—and 4 other books 'to keep you warm' this winter
▼ + stars: | 2024-12-03 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +6 min

If the idea of curling up with a good book this holiday season sounds appealing, Bill Gates has some recommendations for you. Suleyman is a co-founder of AI research lab DeepMind and the current CEO of Microsoft AI. The book "offers something rare: a clear-eyed view of both the extraordinary opportunities and genuine risks ahead," wrote Gates. The book offers lessons "about how leaders have tackled tough times before [that] are both comforting and fascinating," Gates wrote. "It's hard to deny the similarities between the 1960s and today — a time of political upheaval, generational conflict, and protests on college campuses," wrote Gates.

Persons: Bill Gates, Gates, Grady Hillhouse, Hillhouse, Roger Federer, he'd, Mustafa Suleyman, Suleyman, Jonathan Haidt, Gen Zers, Haidt, we're, Doris Kearns Goodwin Goodwin, Richard Goodwin, John F, Kennedy, Lyndon B, Johnson Organizations: Microsoft, New York University, CNBC Locations: Seattle, It's

☆ You need to care more about your son’s health. This urologist explains why
▼ + stars: | 2024-12-03 | by ( Dr. Jamin Brahmbhatt | ) edition.cnn.com time to read: +9 min

Mental health matters just as much as physical health, and boys should know it needs to be a priority. Nutrition and exerciseDuring puberty, boys’ bodies grow rapidly, and they need the right fuel to keep up. Boys need to understand that what they see online isn’t always real. Boys need to know that it’s OK to ask questions — whether it’s about feelings, their changing bodies or anything else. By creating an environment in which boys feel comfortable talking about their health, we’re giving them the tools they need to navigate a time of massive change.

Persons: Jamin, I’ve, —, don’t, haven’t, it’s, they’re, ” Organizations: Orlando Health, University of Central Florida’s College of Medicine, CNN, Popular Media Locations: United States

☆ Truong My Lan: Tycoon on death row for $12 billion fraud loses appeal in Vietnam court
▼ + stars: | 2024-12-03 | by ( Story Reuters | ) edition.cnn.com time to read: +2 min

Hanoi, Vietnam Reuters —A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and bribery in a high-profile $12 billion fraud case, state media reported. Lan, the chairwoman of real estate developer Van Thinh Phat Holdings Group, was sentenced to death in April for her role in Vietnam’s biggest financial fraud case on record. The High People’s Court in southern Ho Chi Minh City determined there was no basis to reduce Lan’s death sentence, reported online newspaper VnExpress. If Lan is able to return three-quarters of the money embezzled while on death row, it is possible the sentence could be commuted to life imprisonment, the report said. Apart from the death sentence, Lan was handed a life sentence at a separate trial in October after being found guilty of obtaining property by fraud, money laundering and illegal cross-border money transfers.

Persons: Vietnam Reuters —, Truong My Lan, Lan, Van Thinh, “, Vietnam’s cassation Organizations: Vietnam Reuters, Van Thinh Phat Holdings Group, Court, Reuters, Vietnam’s, Stock Commercial Bank, SCB Locations: Hanoi, Vietnam, Ho Chi Minh City, Saigon

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