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Dec 19 (Reuters) - Sam Bankman-Fried, founder of now-bankrupt crypto exchange FTX, is expected to appear in court in the Bahamas on Monday and agree to be extradited to the United States, where he faces fraud charges. Bankman-Fried initially said he would fight extradition after his arrest a week ago in the Bahamas, where he lives and FTX is based. Reuters reported first on Saturday that Bankman-Fried would return to court to reverse his decision. Upon being extradited to the United States, Bankman-Fried would be required to appear before a judge in Manhattan within two days, though the hearing would likely take place quickly. Any trial of Bankman-Fried is likely more than a year away, legal experts told Reuters.
Hector Carvajal, 26, is the founder of Don Carvajal Cafe, a Dominican-sourced coffee roaster, and lives on $25,000 a year just outside New York City. Today, the 26-year-old runs Don Carvajal Cafe, a coffee roasting company out of the South Bronx that sources its beans from the Dominican Republic. "In the countryside of the Dominican Republic, we farm, we harvest, we roast coffee," he says. For the first three years of running his business, Carvajal lived rent-free with his mom in the Bronx in her rent-stabilized apartment. It's also why it's so important to him to source his coffee from farmers in the Dominican Republic.
His decision to consent to extradition would pave the way for him to appear in U.S. court to face wire fraud, money laundering and campaign finance charges. At his initial court hearing in Manhattan, Bankman-Fried would be asked to enter a plea and a judge would make a determination on bail, Margulis-Ohnuma said. The attorney added that such a hearing must take place within 48 hours of Bankman-Fried's arrival in the United States, though it would likely be sooner. Bankman-Fried has acknowledged risk management failings at FTX but has said he does not believe he has criminal liability. 'BIGGEST FINANCIAL FRAUDS IN AMERICAN HISTORY'It was not immediately clear what prompted Bankman-Fried to change his mind and decide not to contest extradition.
Philadelphia and Oakland County, Michigan, are joining the small list of U.S. localities that are looking for signs of polio infections in sewage, U.S. health officials said Wednesday. The Centers for Disease Control and Prevention said the communities will test for polio in sewage for at least four months. CDC officials say they have been talking with other communities about also starting polio wastewater testing. They are focused on cities and counties with low polio vaccination coverage and those in which travelers had visited the New York communities where polio was found. This year, commercial laboratories began testing wastewater for mpox, previously known as monkeypox.
Public health officials subsequently confirmed the virus was in fact spreading widely after sewage samples from five other New York counties tested positive. The virus spreading in the New York area is related to a strain used in the oral polio vaccine. Other countries do still use the oral polio vaccine because it is cheap, effective, easy to administer and generally safe. The U.S. uses an inactivated polio vaccine administered as a series of shots. The oral vaccine is very effective at blocking transmission and is typically used to crush outbreaks.
New York CNN Business —Taylor Swift fans were seeing red on Tuesday when Ticketmaster was overwhelmed by demand as pre-sales for the singer’s new tour went online. The delays had many fans believing they would never, ever, get tickets (…like ever). But tickets to the pop star’s “The Eras Tour” were available Wednesday via the resale market — with some priced at tens of thousands of dollars. Tickets for Swift’s show at MetLife Stadium in East Rutherford, New Jersey on May 26 are listed for as much as $21,600 each on ticket resale site StubHub. These sky-high prices aren’t just for shows at MetLife, which is right outside New York City.
Control of even one chamber would allow Republicans to stymie Democrat Biden's legislative agenda and launch potentially damaging investigations. Biden warned that many Republican candidates are threatening democratic norms by echoing Trump's false claims about a stolen election in 2020. Republican Senate candidate Herschel Walker said at a rally in Georgia. Biden spoke in normally safe Democratic territory outside New York City, where Republicans are threatening to make gains. First Lady Jill Biden visited Texas, a Republican-dominated state that has a handful of competitive races.
Hedge fund Schonfeld has opened an office in Summit, New Jersey after surveying staff. $14 billion Schonfeld Strategic Advisors is taking a different route from other Wall Street firms to get their employees into the office and to attract talent in the long run. The family-office-turned-hedge fund has been on a growth tear since Ryan Tolkin took over as chief executive at the beginning of 2021. Schonfeld employees are typically in the office three days a week but this can vary across teams. "By accessing a broader talent pool, we will naturally continue to grow in each of these offices," Tolkin, who is also the firm's chief investment officer, told Insider.
Two shot outside New York Congressman Lee Zeldin's home
  + stars: | 2022-10-10 | by ( ) www.reuters.com   time to read: +1 min
Oct 9 (Reuters) - Two people were shot on Sunday outside the home of New York congressman and Republican New York gubernatorial candidate Lee Zeldin, who has made addressing crime and violence a key point of his campaign, he said in a statement. Register now for FREE unlimited access to Reuters.com RegisterZeldin said only his two daughters were at home at the time of the shooting. New York Governor Kathy Hochul, against whom Zeldin is running, said she had been briefed on the shooting. Zeldin was attacked at a July campaign event by a New York man who now faces federal charges of assaulting a member of Congress using a deadly weapon. Register now for FREE unlimited access to Reuters.com RegisterReporting by Kanishka Singh and Julia Harte; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.
U.S. approves 50 states' EV charging plans
  + stars: | 2022-09-27 | by ( David Shepardson | ) www.reuters.com   time to read: +2 min
An electric vehicle charge station by ChargePoint, Inc. is seen outside New York City Hall in Manhattan, New York, U.S., December 8, 2021. REUTERS/Andrew KellyWASHINGTON, Sept 27 (Reuters) - The U.S. Transportation Department (USDOT) said on Tuesday it has approved the electric vehicle charging station plans for all 50 states, Washington and Puerto Rico covering about 75,000 miles (120,700 kms) of highways. The White House announced earlier this month it had approved 35 of the 50 state plans. USDOT's Federal Highway Administration did not immediately respond to a request for comment on how many charging stations the funds would support. Federal funds will cover 80% of EV charging costs, with private or state funds making up the balance.
REUTERS/Eduardo MunozNEW YORK, Sept 22 (Reuters) - New York City will open two emergency centers to house migrants arriving on buses sent by the Republican governor of Texas in a political dispute over border security, Mayor Eric Adams said on Thursday. The centers will provide shelter, food and medical care while working to connect migrants with family and friends inside and outside New York City, according to the mayor's office. The emergency relief centers are part of efforts by Democratic mayors to deal with thousands of migrants being bused from the Republican-led border states of Texas and Arizona. Texas Governor Greg Abbott, a Republican seeking reelection in November, has bused more than 11,000 migrants to Washington, D.C., New York City and Chicago since April. "While other leaders have abdicated their moral duty to support arriving asylum seekers, New York City refuses to do so,” Adams said in a statement.
White House press secretary Karine Jean-Pierre accused DeSantis of not wanting a workable, bipartisan solution on immigration. “Obviously,” DeSantis said, “it’s sad that Martha’s Vineyard people deported them the next day. Ray Ewing / Vineyard Gazette via APThe migrants who were flown to Martha’s Vineyard weren’t deported; they were moved to a military base near Cape Cod. “If you say you’re a sanctuary state, then don’t complain. Share in the pain — whether you’re president, God or anyone else.”Marc Caputo reported from Florida and Lauren Egan reported from Delaware.
Steve Bannon has been charged in Manhattan with money laundering, conspiracy, and scheme to defraud. The charges are less severe than in the federal 'We Build the Wall' case Trump pardoned him on. Read Bannon's new 'We Build the Wall' donor-scam indictment here. A handcuffed Steve Bannon is escorted to his seat at the defense table in Manhattan Supreme Court on September 8, 2022. Kolfage and co-defendant Andrew Badolato, both of Florida, pleaded guilty in federal court in Manhattan in April and have yet to be sentenced.
Climate change and Russia's invasion of Ukraine has world leaders looking again at nuclear power. Gavin Newsom's plan to keep a nuclear power plant open points to a trend. Nuclear power doesn't emit greenhouse gases and provides 10% of global electricity. Gavin Newsom wants to extend the life of a nuclear plant that was slated to close by 2025. The race to combat the climate crisis and shore up energy supplies after Russia's invasion of Ukraine is pushing policymakers to reconsider nuclear power.
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