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It is considered the first criminal insider trading case involving such assets. "He abused that position of trust," prosecutors said in an April 4 filing. He added that if prosecutors mention insider trading, "there is a substantial danger of undue prejudice and confusion of the jury." "Is it insider trading of anything?" "If this case sticks, there is precedent that insider trading theory can be applied to any asset class."

☆ Soldiers in Ukraine report using everything from nearby dead animals, fiberglass rods, and ropes and hooks to identify and detonate Russian land mines
▼ + stars: | 2023-04-23 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Soldiers in Ukraine rely on creative tools to identify and detonate Russian land mines. Troops told The New York Times those tools included dead animals, fiberglass rods, ropes, and hooks. Russian land mines could pose a long-term threat to Ukrainian civilians. Troops have relied on nearby dead animals to locate booby traps, while fiberglass rods have come in handy for electrically triggered mines, according to The New York Times. The UN estimates that an area four times as large as Switzerland is now potentially unsafe, the Times reported.

☆ NBA roundup: Anthony Davis, Lakers sprint past Grizzlies
▼ + stars: | 2023-04-23 | by ( ) www.reuters.com time to read: +4 min

[1/5] Apr 22, 2023; Los Angeles, California, USA; Los Angeles Lakers guard Dennis Schroder (17) shoots the ball against Memphis Grizzlies forward David Roddy (27) in the fourth quarter during game three of the 2023 NBA playoffs at Crypto.com Arena. LeBron James added 25 points and nine rebounds as the Lakers took a 2-1 lead in the Western Conference matchup. D'Angelo Russell had 17 points and Rui Hachimura scored 16 for Los Angeles, which led by as many as 29 points in the wire-to-wire victory. Desmond Bane (18 points) ended the Morant run with a 3-pointer that cut the Los Angeles lead to 108-99 with 1:24 remaining. James Harden collected 17 points, 11 assists and eight rebounds.

☆ Disney and DeSantis have been in a yearlong feud that began after the company spoke out against a controversial bill. Here's a timeline of the events.
▼ + stars: | 2023-04-21 | by ( Lloyd Lee | Chris Panella | ) www.businessinsider.com time to read: +12 min

After a yearlong feud, Disney sued DeSantis on Wednesday, alleging that the Florida governor tried to "weaponize government power" over the company. The state Board of Education voted on Wednesday to expand that law to cover grades four to 12. Under the leadership of Governor DeSantis, our state has seen record growth in jobs, GDP, and net domestic in-migration. It was the first time the board met since the revelation of the agreement between the prior district board members and Disney. On April 19, the state board approved a ban on classroom discussion of sexual orientation and gender identity for all grades, including grades four through 12.

☆ Russian outlets are exaggerating that Ukrainian troops are stuck in the mud to cheer up Putin's soldiers, UK intel says
▼ + stars: | 2023-04-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Russian media is exaggerating the mud's impact on Ukrainian forces, UK intel reports. Their goal is "aimed at raising Russian morale" and "undermining Ukraine's supporters," intel says. One commander told RIA Novosti that Russian forces "drowned" a German Leopard tank in a swamp. Russian outlets, however, appear to be "exaggerating the overall impact of mud on Ukrainian forces," UK intel said. Intelligence suggests the outlets are trying to cheer up Russian President Vladimir Putin's troops and raise their flagging morale while "undermining Ukraine's supporters" ahead of an expected Ukrainian counteroffensive.

☆ SpaceX's Starship launch kicked up soil and sand that rained down on a nearby beachside town 5 miles away
▼ + stars: | 2023-04-20 | by ( Rebecca Cohen | Chris Panella | ) www.businessinsider.com time to read: +2 min

SpaceX's Starship launch kicked up soil and sand that rained down on a town 5 miles away. Port Isabel residents shared pictures of the "particulates" that rained down in the area. One representative from a nearby elementary school said cars were covered in the dust. Starship's explosion shortly after launch also caused a disturbance for Port Isabel residents. "The doors were shaking," the Derry Elementary School representative told Insider.

☆ How to watch today's hybrid solar eclipse — the rarest type of eclipse — even if you don't live near Australia where it's happening
▼ + stars: | 2023-04-19 | by ( Chris Panella | Jessica Orwig | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

A rare hybrid solar eclipse will occur over the South Pacific today and won't happen again until 2031. Hybrid solar eclipses are the rarest type of eclipse and look different depending on your location. During a hybrid eclipse observers can see both a total and annular eclipse. kdshutterman / Getty ImagesA hybrid solar eclipse is a rare type of eclipse that changes depending on where you're watching it. The last time a hybrid solar eclipse occured was 2013 over some regions in the northern Atlantic Ocean and Africa.

☆ NBA roundup: Devin Booker, Suns even series with Clippers
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +3 min

[1/3] Apr 18, 2023; Phoenix, Arizona, USA; Phoenix Suns guard Devin Booker (1) against the Los Angeles Clippers in the second half during game two of the 2023 NBA playoffs at Footprint Center. Kevin Durant added 25 points, six rebounds and five assists as Phoenix rebounded from a Game 1 home loss. Kawhi Leonard registered 31 points, eight rebounds, seven assists and three steals and Russell Westbrook added 28 points for the Clippers. Mitchell, the seventh-leading scorer in the NBA this season at 28.3 points per game, had just 17 points Tuesday but collected a career-high 13 assists. Mobley had 13 points and 13 rebounds while Garland scored 32 points, including 26 in the first half.

LONDON, April 19 (Reuters) - Britain said on Wednesday that any intimidation on British soil of foreign nationals by China or other states was unacceptable and that it was investigating the matter, responding to a media report about a so-called secret Chinese police station. Britain has previously said that reports of undeclared police stations in the country were "extremely concerning," and that the police were looking into the issue. Earlier this week, U.S. federal agents arrested two New York residents for allegedly operating a Chinese "secret police station" in the Chinatown district of Manhattan. On Wednesday, Britain's policing minister Chris Philp said the government was aware of about 100 such stations around the world. "This government takes interference with foreign nationals here, transnational intimidation, extremely seriously.

☆ US watchdog employee sent consumer data to personal email account
▼ + stars: | 2023-04-19 | by ( ) www.reuters.com time to read: +1 min

NEW YORK/WASHINGTON, April 19 (Reuters) - A former employee at the U.S. Consumer Financial Protection Bureau (CFPB) sent confidential records relating to hundreds of thousands of consumers and several financial institutions to their personal email account, the agency said on Wednesday. The person also accessed information including names and transaction-specific account numbers related to about 256,000 consumer accounts at a single institution, it added. The CFPB did not identify the former employee or the institutions involved. A spokesperson for the CFPB said the incident was "completely unacceptable", adding it had been referred to the bureau's internal watchdog. Reporting by Chris Prentice and Douglas Gillison; Editing by Jamie FreedOur Standards: The Thomson Reuters Trust Principles.

SEC Chair Gary Gensler was testifying in front of the House Financial Services Committee for the first time since Republicans took over the House of Representatives in January. Gensler, who has helmed the SEC since April 2021, underscored the agency's rulemaking as "grounded in legal authorities granted by Congress." The SEC also levied record penalties in the last fiscal year and Republican lawmakers seized on the agency's nearly 50 enforcement actions against crypto firms, saying the agency was regulating by enforcement. Gensler maintained most cryptocurrencies are securities and crypto firms must comply with securities laws. Progressive lawmakers and investor advocates have praised the SEC and pushed Congress to give the agency more resources.

☆ Credit Suisse hampered internal probe into Nazi-linked accounts, U.S. senators say
▼ + stars: | 2023-04-18 | by ( Chris Prentice | ) www.reuters.com time to read: +2 min

NEW YORK, April 18 (Reuters) - A committee of U.S. lawmakers on Tuesday said troubled Swiss bank Credit Suisse Group (CSGN.S) hampered a multiyear investigation into the servicing of Nazi clients and Nazi-linked accounts. Credit Suisse commissioned an investigation into allegations levied by a human rights organization that the bank held potential Nazi-linked accounts and failed to disclose them, even during Holocaust-related probes decades earlier. Credit Suisse defended its internal review in a statement, saying that the probe turned up no evidence to support key claims from the Simon Wiesenthal Center that dormant accounts serviced by Credit Suisse held assets from Holocaust victims. A representative for AlixPartners, the consulting firm Credit Suisse hired for the probe, did not respond immediately to a request for comment. His report, which the committee obtained via a subpoena, found many questions were left "unanswered" after Credit Suisse decided to halt the review.

☆ GOP megadonor Harlan Crow isn't charging Clarence Thomas' mother rent. Zillow estimates suggest that would have saved her $155,000 since 2014.
▼ + stars: | 2023-04-17 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

GOP megadonor Harlan Crow bought SCOTUS justice Clarence Thomas' mother's house in October 2014. Thomas' mother still lives there rent-free, CNN reported. And that deal may have saved her more than $150,000 in rent for the property, according to Zillow estimates. According to Zillow's estimates for what the property would cost to rent, Williams could have saved as much as $154,900 over the years. ProPublica reported that after the sale, renovations equating to thousands of dollars were made to the home, including a repaired roof and a new carport.

WASHINGTON, April 14 (Reuters) - The Federal Reserve's Board of Governors on Friday said it has approved UBS Group AG's acquisition of the U.S. subsidiaries of Credit Suisse, clearing another major hurdle for the completion of the Swiss-brokered rescue deal. UBS has committed to give the U.S. central bank an implementation plan for combining its U.S. business and operations with those of Credit Suisse within three months of consummating the deal, the Fed's Board said in a statement. UBS agreed to buy Credit Suisse for 3 billion Swiss francs ($3.3 billion), a fraction of its earlier market value. UBS has said it expects the deal to create a business with more than $5 trillion in total invested assets. Under the takeover deal, holders of Credit Suisse AT1 bonds will get nothing, while shareholders, who usually rank below bondholders in compensation terms, will receive $3.23 billion.

[1/2] U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler testifies before a House Financial Services and General Government Subcommittee hearing on President Biden's budget request for the Securities and Exchange Commission, on Capitol Hill in Washington, U.S., March 29, 2023. Many in the industry have said existing securities regulations are inappropriate and the sector needs fresh rules. Some DeFi platforms may fall under the proposed definition, but others may already be considered exchanges by the existing one, SEC officials said this week. "Make no mistake: many crypto trading platforms already come under the current definition of an exchange," SEC Chair Gary Gensler said in prepared remarks published on Friday. Most crypto trading platforms meet that definition, regardless of whether they call themselves decentralized, Gensler said.

☆ US SEC sees DeFi platforms as exchanges, seeks more public feedback
▼ + stars: | 2023-04-14 | by ( Chris Prentice | ) www.reuters.com time to read: +3 min

[1/2] U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler testifies before a House Financial Services and General Government Subcommittee hearing on President Biden's budget request for the Securities and Exchange Commission, on Capitol Hill in Washington, U.S., March 29, 2023. The SEC voted 3-2 to take additional comments from the public after crypto firms criticized the plan as vague and aimed at roping in decentralized finance (DeFi) platforms. Some DeFi platforms may fall under the proposed definition, but others may already be considered exchanges by the existing one, SEC officials said this week. "Make no mistake: many crypto trading platforms already come under the current definition of an exchange," SEC Chair Gary Gensler said in prepared remarks published on Friday. Most crypto trading platforms meet that definition, regardless of whether they call themselves decentralized, Gensler said.

☆ Jack Teixeira, the alleged top secret documents leaker, searched his government computer for 'leak' to see if investigators were onto him: prosecutors
▼ + stars: | 2023-04-14 | by ( Chris Panella | Jake Epstein | ) www.businessinsider.com time to read: +4 min

Alleged leaker Jack Teixeira searched his government computer for "leak," prosecutors say. Teixeira was arrested Thursday in connection with the top secret military document leak. According to the criminal complaint, Teixeira, 21, completed the search on classified networks on April 6. The documents contain secret information about US allies, like Israel, Egypt, and South Korea, as well as adversaries, like North Korea, China, and Russia. That clearance would have given him access to the classified documents leaked online.

☆ Missouri's attorney general opened a new front in the GOP's attacks on transgender people: banning treatment for any adult with depression
▼ + stars: | 2023-04-13 | by ( Chris Panella | Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Adults with depression are banned from seeking care until their mental health issues are resolved. Attorney General Andrew Bailey's sweeping regulation would prohibit medical providers from providing gender-affirming care unless a number of requirements are met. The ACLU of Missouri previously said that the attorney general, a Republican, overstepped his authority when it condemned Bailey's initial announcement of the policy in March. The state attorney general is basing his regulation on a law aimed at fraudulent business practices, The Missouri Independent reported. Republicans and conservatives have moved to restrict gender-affirming care and other trans rights in recent years.

☆ What is a red flag warning? What to know as fire weather conditions affect more parts of the US
▼ + stars: | 2023-04-12 | by ( Chris Panella | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

Here's what to know when you see a red flag warning in your area, and how to protect yourself. Red flag warnings indicate dry, arid weather and strong wind conditions that increase the possibility of dangerous wildfires. One map shared on Twitter by climate reporter Dave Levitan shows the latest range of red flag warnings stretching from New Mexico to Massachusetts. Be careful with cigarettes during a red flag warning. Lastly, the NWS has some basic guidelines to avoid igniting fires during a red flag warning:

☆ Credit Suisse, SEC letters show months-long reporting errors debate
▼ + stars: | 2023-04-11 | by ( Chris Prentice | ) www.reuters.com time to read: +2 min

NEW YORK, April 11 (Reuters) - Credit Suisse and the U.S. Securities and Exchange Commission (SEC) engaged in a months-long debate over the severity of reporting deficiencies that led the Swiss bank to delay its annual report last month. Credit Suisse (CSGN.S) said in March it had postponed the annual filing after a "late call" with the regulator which raised questions about earlier financial statements. Correspondence published in the SEC's online database on Tuesday show that agency staff first raised questions with Credit Suisse officials in July 2022.Credit Suisse and the SEC declined to comment. The last-minute delay concerned analysts and sent Credit Suisse shares to near an all-time low. In the March 10 letter to Joshi, SEC staff acknowledged discussions with the bank on March 8-10.

☆ A gold miner found a mysterious grapefruit-sized fur ball. It turned out to be a 'perfectly preserved' 30,000-year-old squirrel.
▼ + stars: | 2023-04-11 | by ( Chris Panella | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

But X-ray scans have revealed this grapefruit-sized lump is actually a 30,000-year-old mummified ground squirrel from the Ice Age. A ground squirrel for the agesAn illustration of the mummified ground squirrel curled up in its burrow during hibernation. "I study bones all the time and they're exciting, they're really neat. Wolfgang Kaehler/LightRocket via Getty Images"Some people get really, really excited when they find that giant woolly mammoth leg or, you know, the big tusks or the big skulls. But for me, the Arctic ground squirrel fossils, the nests, and now this mummified squirrel, are really the coolest things that we do have.

☆ Photos show a Russian town buried in ash after the Shiveluch volcano erupted, spewing debris miles into the air
▼ + stars: | 2023-04-11 | by ( Chris Panella | ) www.businessinsider.com time to read: 1 min

This is Shiveluch, a volcano in the eastern Russian peninsula of Kamchatka. The Shiveluch volcano erupting late last year. Yury Demyanchuk / The Russian Academy of Sciences' Vulcanology InstituteIts current eruption period began in August 1999 and has produced ongoing explosions and emissions, according to the Global Volcanism Program at the Smithsonian Institution.

“I just don’t remember anything after that,” Maroulis tells CNN Sport about her admission, adding that she was released a few days later. And then when I got the concussions, it felt like a lot of that flooded back,” she says. “My relationship with wrestling felt so damaged and broken,” she adds. Sarah Stier/Getty ImagesMore support needs to be given to young athletes experiencing concussion, Maroulis believes, particularly when some might delay seeking support for fear of seeming weak. Pushing through because you don’t want them to think you’re weak is the worst thing you can do,” Maroulis says.

NEW YORK/WASHINGTON, April 10 (Reuters) - A Goldman Sachs & Co (GS.N) unit has agreed to pay $15 million to settle U.S. Commodity Futures Trading Commission (CFTC) charges that it failed to make proper disclosures and communicate fairly to swap customers, the regulator saidon Monday. In 2015 and 2016, Goldman opportunistically sold clients on so-called "same-day" swaps at times that financially benefited the bank and hurt the customers, the CFTC said in a settled order. The firm did not disclose key marks to customers for assessing the swap's value and did not communicate to them in a fair and balanced manner, the regulator said. By depriving clients of transparency into the relative value of the swaps it was offering, Goldman violated CFTC's business conduct standards for swap dealers, the regulator said. The "CFTC will aggressively pursue swap dealers that violate these business conduct standards" that promote fairness in the swaps market, enforcement director Ian McGinley said in a statement.

☆ 'The Super Mario Bros. Movie' smashes box office records with the biggest global opening for an animated film ever
▼ + stars: | 2023-04-10 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

"The Super Mario Bros. Movie" had the biggest opening for an animated film on record. The movie, based on Nintendo's video game, stars Chris Pratt, Anya Taylor-Joy, and Jack Black. In the US the film took $31.7 million on Wednesday, $26 million on Thursday and a further $146.4 million Friday to Sunday. It's also the biggest opening of any film so far this year, beating "Ant-Man and the Wasp: Quantumania," according to The Hollywood Reporter. The Hollywood Reporter said "Super Mario" was set to be "the first all-audience blockbuster of 2023."

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