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☆ New York state comptroller asks Southwest Air about plans to avoid future meltdowns
▼ + stars: | 2023-01-09 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +2 min

CHICAGO, Jan 9 (Reuters) - New York State's comptroller has written to Southwest Airlines Co (LUV.N), asking the carrier to explain how it plans to prevent an operational collapse like the one at the end of last year which stranded thousands of passengers. The comptroller's office oversees the state's pension system, which held 1.35 million shares of the Dallas-based company at the end of March 2022. DiNapoli asked the company to share its plan to "correct these failures - not just in the immediate term, but for the coming years." A Southwest spokesperson told Reuters earlier that the airline is focusing on improving its technology for scheduling crews. Reporting by Rajesh Kumar Singh in Chicago Editing by Matthew LewisOur Standards: The Thomson Reuters Trust Principles.

☆ New York AG accuses Celsius ex-CEO of defrauding crypto investors
▼ + stars: | 2023-01-05 | by ( Rohan Goswami | ) www.cnbc.com time to read: +3 min

New York Attorney General Letitia James sued former Celsius Network CEO Alex Mashinsky on Thursday, alleging that Mashinsky defrauded hundreds of thousands of investors at his now-bankrupt crypto exchange. At one point, deposits at the crypto exchange were valued at $20 billion, according to the complaint. But Mashinsky's statements were false, James alleges, and became part of the former Celsius CEO's efforts to hide deep losses on risky crypto-lending investments. Celsius investors were left bereft and so despondent that some considered suicide, CNBC previously reported. Celsius entered bankruptcy proceedings with only $1.75 billion in crypto assets, a far cry from the $4.7 billion it owed users.

☆ JPMorgan, Deutsche Bank seek dismissal of lawsuits by Jeffrey Epstein accusers
▼ + stars: | 2022-12-31 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

Epstein killed himself in a Manhattan jail cell in August 2019 while awaiting trial on sex trafficking charges. Epstein was a JPMorgan client from about 2000 to 2013, and a Deutsche Bank client from 2013 to 2018, court papers show. The JPMorgan plaintiff is a former ballet dancer who said Epstein abused and trafficked her from 2006 to 2013, while the Deutsche Bank plaintiff said she suffered from similar misconduct between 2003 and 2018. New York state's financial regulator in July 2020 fined Deutsche Bank $150 million over its relationship with Epstein. The cases are Jane Doe 1 v Deutsche Bank AG et al, U.S. District Court, Southern District of New York, No.

"We're recovering from the worst storm I've ever seen, certainly in terms of death from mother nature's wrath," he said. Progress was slow due to the sheer volume and depth of the snow, which Poloncarz said "is not plowable." [1/7] A "let’s go Buffalo" sign is seen behind an abandoned car on the road following a winter storm in Buffalo, New York, U.S., December 27, 2022. New York Governor Kathy Hochul called it an "epic, once-in-a-lifetime" weather disaster, the worst blizzard to hit the Buffalo area in 45 years. Buffalo residents with plows attached to their Jeeps and pickup trucks helped clear side streets.

[1/5] An aerial view of buildings during a blizzard in Buffalo, New York, U.S. December 26, 2022, in this screengrab obtained from a social media video. "It's still snowing" in Western New York, said NWS meteorologist Bob Oravec, predicting two more inches. "This is probably the last of the snow," added Oravec, who is with the NWS Weather Prediction Center in College Park, Maryland. Buffalo, New York state's second largest city, was ground zero for the blizzard that took shape on Friday. Poloncarz, speaking at a press briefing Tuesday, urged residents to stay home and the curious to stay away.

☆ Deadly blizzard, deemed worst in 45 years, paralyzes greater Buffalo, N.Y.
▼ + stars: | 2022-12-26 | by ( Gabriella Borter | ) www.reuters.com time to read: +4 min

[1/3] Vehicles are left stranded on the road following a winter storm that hit the Buffalo region in Amherst, New York, U.S., December 25, 2022. The greater Buffalo region, lying at the edge of Lake Erie near the Canadian border was one of the hardest-hit places. The governor called it an "epic, once-in-a-lifetime" weather disaster that ranked as the fiercest winter storm to hit Buffalo, New York state's second-largest city, since a crippling 1977 blizzard that killed nearly 30 people. The latest blizzard, which initially overwhelmed emergency crews, came nearly six weeks after a record-setting but shorter-lived lake-effect storm struck western New York. He said one electrical substation knocked offline was sealed off by an 18-foot-tall mound of snow, and utility crews found the entire facility frozen inside.

☆ The enduring career of Chuck Schumer, who rose from the House of Representatives in the early 1980s to become the powerful Senate majority leader
▼ + stars: | 2022-12-26 | by ( John L. Dorman | ) www.businessinsider.com time to read: +2 min

Senate Majority Leader Chuck Schumer is one of the most powerful lawmakers in Washington, DC. He was elected to a Brooklyn- and Queens-anchored House seat in 1980 when he was just 29 years old. Schumer won his first Senate race in 1998 and became the leader of the Democratic caucus in 2017. He also served as chair of the Senate Democratic Policy Committee and vice chair of the Senate Democratic Caucus before succeeding Harry Reid of Nevada in 2017 as leader of the Senate Democratic Caucus. And last November, Democrats flipped the open US Senate seat in Pennsylvania being vacated by GOP Sen. Pat Toomey, securing a 51-49 majority headed into the new Congress.

☆ 5 reasons to applaud the smart, speedy jury that convicted the Trump Organization of tax fraud
▼ + stars: | 2022-12-11 | by ( Laura Italiano | ) www.businessinsider.com time to read: +8 min

A Manhattan jury convicted Donald Trump's company of all 17 tax-fraud counts on Tuesday. But he would not implicate anyone named Trump — not Donald Trump, who he worked for since the 1980s. And not any of Trump's three eldest kids — Donald Trump Jr., Eric Trump, or Ivanka Trump, who have all served as Trump Organization executive vice presidents. Back during jury selection in late October, defense lawyers had the darnedest time finding Manhattan residents who didn't hate Donald Trump. They certainly did not look like Donald Trump's C-suite of well-paid, white-collar white men.

☆ See the first 36 groups that won coveted licenses to sell recreational cannabis in New York, including Housing Works and The Doe Fund
▼ + stars: | 2022-11-21 | by ( Jeremy Berke | ) www.businessinsider.com time to read: +4 min

New York regulators announced the first 36 groups who'll be able to sell cannabis in the state. The 36 licensees include 28 groups of "justice-involved" individuals, who have been convicted of prior cannabis-related offenses in New York state and also have experience running profitable businesses. Wright has repeatedly said that cannabis sales would begin in New York before the end of the year. That means companies are unable to own both a cultivation facility and a retail store, unlike in some other states with legal cannabis markets. The regulations also outline different license types to be awarded in the future, including supply-side licenses, microbusinesses, and retail stores.

☆ Western New York eyes weekend deluge of lake-effect snow
▼ + stars: | 2022-11-18 | by ( Lindsay Dedario | ) www.reuters.com time to read: +3 min

[1/5] A view of a truck with plow on the street during a snowstorm as extreme winter weather hits Buffalo, New York, U.S., November 18, 2022. The squalls could persist through Sunday, creating sporadic bursts of intense snowfall along narrow bands that could amount to 4-1/2 feet (1.4 meters) of snow in some locations. Buffalo is New York state's second most populous city with some 278,000 residentsNearly 6,500 customers were without power in the Buffalo area as of Friday morning, according to Poweroutage.us. Although the winter season does not officially begin for another five weeks, the National Weather Service posted winter storm warnings, winter weather advisories and lake-effect snow warnings across all western New York areas downwind of the Great Lakes. While the storm was not expected to break weather records, weather service meteorologist Liz Jurkowski said it could rank in the top five snow accumulations over the last 20 years.

☆ U.S. Justice Dept. names war crimes expert as special counsel for Trump probes
▼ + stars: | 2022-11-18 | by ( Sarah N. Lynch | ) www.reuters.com time to read: +5 min

Trump called the special counsel appointment a "rigged deal." Biden did not respond to shouted questions from reporters about the special counsel during his only public appearance of the day. REUTERS/Evelyn Hockstein 1 2 3This marks the second time in five years that the Justice Department has appointed a special counsel to probe Trump's conduct. Smith is the Justice Department's third special counsel to be appointed since 2017 to handle a politically sensitive case. In 2019, Barr appointed John Durham as special counsel to investigate the origins of the FBI's probe into Trump's 2016 campaign.

REUTERS/Brendan McDermid/File PhotoNov 10 (Reuters) - U.S. Supreme Court Justice Sonia Sotomayor on Thursday rejected a bid to prevent New York City from enforcing its COVID-19 vaccine mandate for municipal workers against a group teachers, firefighters and others who challenged the policy. The court as a whole in June refused to take up a religious challenge to New York state's vaccine mandate for healthcare workers. New York City in August 2021 ordered employees in the largest U.S. public school system to be vaccinated against COVID-19. Among the plaintiffs' claims is opposition to any COVID-19 vaccine whose testing or development relied on cell lines from aborted fetuses. Reporting by Andrew Chung in New York; Editing by Will Dunham and Grant McCoolOur Standards: The Thomson Reuters Trust Principles.

☆ Trump is suing New York Attorney General Letitia James after she served him with a $250 million fraud lawsuit
▼ + stars: | 2022-11-03 | by ( Matthew Loh | ) www.businessinsider.com time to read: +2 min

Former President Donald Trump is suing New York State Attorney General Letitia James. James filed a $250 million fraud lawsuit against Trump and his three eldest children in September. The announcement comes after James filed a $250 million civil lawsuit against Trump on September 21, seeking to permanently ban Trump and his three eldest children from conducting business in New York. In his complaint against James, Trump accused the attorney general of a "war of intimidation and harassment" and of a "longstanding and continued bias" against him and his organization. The New York Attorney General's press office and representatives for Trump did not immediately respond to Insider's requests for comment.

☆ Monkeypox emergency orders are set to expire, but eradication isn't likely
▼ + stars: | 2022-10-22 | by ( Aria Bendix | Aria Bendix Is The Breaking Health Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

San Francisco will not renew its monkeypox public health emergency declaration when it expires at the end of the month. Many experts are optimistic that, eventually, the U.S. could sometimes see no new monkeypox cases within a limited time frame. That’s unfortunately the reality of public health in the U.S., and it needs to change," Roess said. Racial inequities also persist in vaccine distribution, so Black and Hispanic people consequently make up a disproportionate share of monkeypox cases. Despite the delays and failings in the U.S., Morse said, the monkeypox outbreak "could have been a lot worse."

While jurors cannot be excluded for simply holding certain political views or expressing disapproval of Trump, experts said the lawyers will aim to remove jurors who cannot be fair and impartial. Similarly, Gomez said the government will look to weed out strongly pro-Trump jurors who are unable to put those views aside. However, a guilty verdict must be unanimous, which means one juror unwilling to convict the Trump Organization would upend the government's case. Neither the district attorney's office nor the Trump Organization's lawyers responded to requests for comment. Lawyers for the Trump Organization have claimed the Manhattan district attorney's case is a "selective prosecution" based on animosity toward Trump's political views, though the judge overseeing it has rejected that argument.

Prosecutors on Monday asked the judge to sentence Bannon to six months in prison, while Bannon's attorneys had sought probation. Bannon has played an instrumental role in right-wing media and has promoted right-wing causes and candidates in the United States and abroad. In addition to Bannon, prosecutors have charged former Trump White House adviser Peter Navarro with contempt of Congress for defying a subpoena from the same committee, with a Nov. 17 trial date set. Friday's sentencing does not end Bannon's legal troubles. Trump is facing a federal criminal investigation over the removal of sensitive government records from the White House.

The Amazon logo is seen outside its JFK8 distribution center in Staten Island, New York, U.S. November 25, 2020. In a filing, Attorney General Letitia James agreed not to seek review of a May state court decision that had found federal law preempted her claims that Amazon violated state labor statutes. She had alleged in Feb. 2021 that Amazon had retaliated against two New York City workers protesting warehouse safety conditions. As part of the agreement, Amazon withdrew its own lawsuit against New York state, which had alleged James overstepped her bounds in pandemic dealings with the retailer. The court’s prior dismissal of the New York Attorney General’s lawsuit, and today’s agreement to end the litigation altogether, is the right outcome given our actions in response to the pandemic."

Actor Cuba Gooding Jr. appears in New York Criminal Court for his sentencing hearing after he pleaded guilty to a misdemeanor count of forcibly touching a woman at a New York nightclub in 2018, in Manhattan in New York City, New York, U.S., October 13, 2022. REUTERS/Mike SegarOct 13 (Reuters) - Actor Cuba Gooding Jr. pleaded guilty on Thursday to a single count of harassment under an agreement with prosecutors sparing him any jail time while disposing of a criminal case that stemmed from allegations by several women of sexual misconduct. One of Gooding's lawyers, Frank Rothman, told Reuters that Gooding's harassment plea in Manhattan benefits his client by avoiding a criminal record as well as sparing him further jail time. Charges relating to two out of the three were dismissed outright, and the third ended up in a plea to harassment as a violation," Rothman said. "I've waited three years for the opportunity to speak about the injustice of Cuba Gooding Jr.

☆ Aide tells FBI Trump ordered boxes moved at Mar-a-Lago - report
▼ + stars: | 2022-10-13 | by ( ) www.reuters.com time to read: +3 min

Former U.S. President Donald Trump holds a rally ahead of the midterm elections, in Mesa, Arizona, U.S., October 9, 2022. The testimony of the key witness, coupled with surveillance footage the Justice Department also obtained, represent some of the strongest known evidence to date of possible obstruction of justice by the former Republican president. The New York Times separately reported on Wednesday that Trump aide Walt Nauta was captured on security camera footage from Trump's Mar-a-Lago estate in Palm Beach moving boxes out of a storage area at the center of the investigation. The employee who was working at Mar-a-Lago was cooperating with the Justice Department and has been interviewed multiple times by federal agents, the Post reported. The Justice Department declined to comment on the Washington Post's report, and could not immediately be reached for comment on the New York Times article.

☆ Donald Trump Jr. admits he doesn't understand basic accounting but signed off on dad's finances anyway
▼ + stars: | 2022-10-13 | by ( Laura Italiano | ) www.businessinsider.com time to read: +3 min

Donald Trump Jr. told New York probers he doesn't understand basic accounting, a new filing says. He said he's learning a little bit about accounting principles in 'accounting 101' at Wharton. Since 2017, the former president's namesake son has been a trustee for the Donald J. Trump Revocable Trust, the entity set up to oversee the Trump Organization when Donald Trump became president. "Donald Trump, Jr. testified that he has no understanding how the Statement is compiled each year," the filing continues. "Donald Trump, Jr. testified that he was aware of an accounting firm being involved but otherwise had no knowledge of the process or mechanics of the Statements' preparation."

The witness initially denied handling sensitive documents and in subsequent conversations with agents admitted to moving boxes at Trump’s request, the newspaper reported. The Justice Department did not immediately respond to a request for comment. Budowich accused the Justice Department of leaking "misleading and false information" to the media. The Trump Organization also is set to go on trial on Oct. 24 on New York state criminal tax fraud charges. Separately in Georgia, a grand jury in the Fulton County is probing efforts by Trump to overturn the former president's 2020 election defeat.

☆ Explainer: What New York’s lawsuit means for Trump
▼ + stars: | 2022-09-22 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsExplainer: What New York’s lawsuit means for TrumpPostedFormer U.S. President Donald Trump, three of his adult children and his family company were sued on Wednesday for what New York state's attorney general called a decade of fraudulent misstatements of the values of real estate properties to secure favorable loans and tax benefits. Emma Jehle has more.

☆ Explainer: Trump was sued by New York's attorney general. What legal woes does he face?
▼ + stars: | 2022-09-21 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +6 min

NEW YORK ATTORNEY GENERAL CIVIL SUITNew York Attorney General Letitia James said her office uncovered more than 200 examples of misleading asset valuations by Trump and the Trump Organization between 2011 and 2021. James accused Trump of inflating his net worth by billions of dollars to satisfy loan terms and get better insurance coverage. NEW YORK CRIMINAL PROBEThe Trump Organization is set to go on trial on Oct. 24 on New York state criminal tax fraud charges. read moreAlvin Bragg, the Manhattan district attorney, has also been investigating whether Trump misled lenders and others about asset valuations. Legal experts said Trump may have violated at least three Georgia criminal election laws: conspiracy to commit election fraud, criminal solicitation to commit election fraud and intentional interference with performance of election duties.

(L-R) Eric Trump, Donald Trump Jr., and Ivanka Trump and Donald Trump attend the ground breaking of the Trump International Hotel at the Old Post Office Building in Washington, July 2014. It also named as defendants the Trump Organization - a family company that manages hotels, golf courses and other real estate around the world - as well as the former president's sons Donald Trump Jr. and Eric Trump and his daughter Ivanka Trump. But James said she was referring allegations of criminal wrongdoing to federal prosecutors in Manhattan and the Internal Revenue Service for investigation. "The pattern of fraud and deception that was used by Mr. Trump and the Trump Organization for their own financial benefit is astounding," James said at a news conference. James' civil probe is separate from a criminal tax fraud probe against the Trump Organization by Manhattan's district attorney, Alvin Bragg.

☆ Wine bottle shortage — Stitch Fix issues — Luxury wedding planner
▼ + stars: | 2021-10-22 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +2 min

Before we begin, some news: This is the last edition before our newsletter goes on hiatus. From bringing in celebrity entertainers to crafting a 26-page custom cocktail menu, she told us what her job is like. Alessandro Biascioli/Getty ImagesThe supply-chain shortage emptying store shelves is coming for one of California's most famous products: wine. Courtesy of Ascent Private CapitalAs a family historian for the ultra-wealthy, Karen McNeill has uncovered stories about Prohibition bootleggers and Alaskan explorers. McNeill helps clients with $75 million or more in assets trace their family lineage to uncover intergenerational health issues, business legacies, and wild stories from their pasts.

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