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Harvey Weinstein, the disgraced Hollywood mogul whose alleged sexual misconduct fueled the #MeToo movement, has been indicted on new charges by a New York City grand jury, Manhattan prosecutors announced during a court hearing Thursday. The new indictment is under seal, prosecutor Nicole Blumberg told Judge Curtis Farber, who has set a trial date for Nov. 12. NBC News was the first to report this month that a grand jury had been convened to hear from women who had come forward with new accusations against Weinstein, 72. Weinstein was convicted in 2020 of third-degree rape of one woman and first-degree criminal sex act against another woman after a trial in New York, where he was sentenced to 23 years in prison. New York prosecutors announced months later that they intended to recharge Weinstein for the same crimes and possibly bring forward new charges.
Persons: Harvey Weinstein, Nicole Blumberg, Curtis Farber, Weinstein, Oscar, Bob Weinstein, , Love, Weinstein's Organizations: Hollywood, New, NBC, Bellevue Hospital Locations: New York City, Manhattan, Bellevue, New York, York, Los Angeles
The hotly anticipated results are in from a landmark pair of major clinical trials of a long-acting, injectable HIV-prevention drug that only requires dosing every six months. The pharma giant has already secured approval for the injectable drug in treating highly drug-resistant HIV. Given the clear statistical superiority of lenacapavir over Truvada, the trial’s blinded phase will now be ended several months early. When taken as prescribed, Truvada is over 99% effective at preventing HIV; Descovy is comparably effective. This chorus is sure to get louder now that lenacapavir is officially highly effective at protecting gay and bisexual men and trans people as well.
Persons: lenacapavir, , Jared Baeten, , ” Jen Kates, ” Gilead, Gilead, Truvada, ViiV Healthcare’s, Amy Killelea, Jirair Ratevosian, Hansel Tookes, ” Tookes, Dr, Boghuma, “ lenacapavir, Tim Horn Organizations: Gilead Sciences, pharma, NBC, Food and Drug Administration, Disease Control, PrEP, Yale School of Nursing, University of Miami Miller School of Medicine, NBC News, Southern, Affordable, CDC, Emory University Locations: Gilead, United States, , U.S, Australia, United Kingdom, Arlington , Virginia, America, South Africa, Thailand, Truvada, Atlanta, Saharan Africa
A nearly four-year-old legal effort by Black voters to convince a court to prevent former President Donald Trump and the Republican Party from potentially intimidating voters and poll workers is quietly coming back to life as the 2024 election approaches. First brought in the days following the 2020 election, the lawsuit has moved slowly through the federal courts in Washington, DC, as Trump’s claims of presidential immunity from civil lawsuits were being litigated. It coincidently has landed before US District Judge Tanya Chutkan, the judge handling the federal election subversion charges against Trump. But now, the case is beginning to show signs of movement. If the plaintiffs ultimately prevail, their victory could provide them with a significant deterrence against potential intimidation and harassment of election workers and voters from Republicans as Trump and his allies signal that they will again try to undermine the results of the election.
Persons: Black, Donald Trump, coincidently, Tanya Chutkan, Trump, Read Organizations: Republican Party, US, Trump, Republican National, Republicans Locations: Washington ,
She has pushed conspiracy theories about undocumented immigrants registering to vote in November, and she touted the baseless story about Haitian immigrants eating cats. On Wednesday, Rep. Marjorie Taylor Greene, R-Ga., called for Loomer to delete an “extremely racist” post targeting Vice President Kamala Harris. “This does not represent President Trump. Greene has promoted antisemitic conspiracy theories and made controversial remarks about the Holocaust, comparing mask mandates to the Holocaust before later apologizing. She also previously expressed support for the far-right conspiracy theory QAnon and been criticized for a series of racist comments.
Persons: Donald Trump, Laura Loomer, Trump, Sen, JD Vance, Loomer, Kamala Harris, Joe Biden, Harris, Taylor Swift, Travis Kelce, Marjorie Taylor Greene, MAGA, ” Greene, ” Harris, Greene, George Floyd Organizations: Wednesday, Trump, NBC News, NBC Locations: New York, Manhattan, Ohio
Last year, Falconi successfully petitioned the Nevada Supreme Court, which ruled that the public has a constitutional right to access Family Court cases. While the court is scheduled to hold evidentiary hearings next week, a decision from the court on media access could come at any time. If a judge does agree to unseal the case, it could have major ripple effects for Nevada family courts. Some have argued that sealing family court cases helps protect the privacy of vulnerable people. Falconi is not working with the media coalition, but said he hopes the national media attention on the Murdoch case will tangentially help his mission.
Persons: Rupert Murdoch, , Murdoch’s, — Lachlan, James, Elisabeth, Prudence, Murdoch, Lachlan, James Murdoch, Kamala Harris, Elisabeth Murdoch, Alex Falconi, Falconi, St James, Victoria Jones, ” Falconi, , “ Doe, Rupert Murdoch “, , “ They’re Organizations: New, New York CNN, HBO, Fox Corporation, News Corporation, CNN, New York Times, Fox, News Corp, Street, New York Post, Silver State, Nevada, American Civil Liberties Union, Spencer, The New York Times, National Public Radio, Nevada Supreme, News Locations: New York, Reno , Nevada, Australia, Nevada, Washoe, “ Nevada, London
Read previewUkraine's Defense Intelligence says its forces have shot down a Russian fighter jet over the Black Sea, sharing a video of the apparent strike. According to the post, Russian forces lost contact with the aircraft around 5 a.m. local time and launched a search and rescue operation about three hours later. It said a telltale streak of jet fuel was found on the water, as well as parts of the plane's wreckage. Advertisement-1 russian Su-30SM jet 🔥Warriors of the @DI_Ukraine special unit destroyed a russian Su-30SM combat aircraft with MANPADS over the Black Sea. pic.twitter.com/yaKnzWXyYF — Defense of Ukraine (@DefenceU) September 12, 2024The pro-Ukrainian Telegram channel Crimean Wind, which monitors developments on the peninsula, also posted about a missing Russian Su-30 jet, citing an unnamed Ukrainian army source.
Persons: , Russian Sukhoi Su, ince, cale Organizations: Service, Intelligence, Business, Naval Aviation Regiment Locations: Russian, Ukrainian, Cape Tarkhankut, Crimea, Saki
Russia has counterattacked in Kursk, claiming to have recaptured 10 settlements. The Institute for the Study of War said Russian forces may be planning to try to split Ukrainian-held areas. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussia claims to have recaptured 10 settlements in Kursk, in a move that suggests a counteroffensive is in the works, according to multiple reports.
Persons: , Apty Alaudinov Organizations: Service, Business Locations: Russia, Kursk, Russian
Bosses forcing RTO may regret it
  + stars: | 2024-09-12 | by ( Tim Paradis | ) www.businessinsider.com   time to read: +1 min
Hybrid work can boost revenue growth, McKinsey research shows. Companies with hybrid work setups reported higher sales growth than those with fixed work locations. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: Organizations: McKinsey, Companies, Service, McKinsey & Co, Business
Beans are prolific in Blue Zones, areas of the world where people live long, healthy lives. A plant-based recipe developer who wrote a book of bean recipes shared some favorites. Go to newsletter preferences Thanks for signing up! They're affordable, versatile, and packed with plant-based protein and fiber, Sarah Doig, a recipe developer and author, told Business Insider. This story is available exclusively to Business Insider subscribers.
Persons: , Sarah Doig Organizations: Service, Business
London CNN —The European Central Bank (ECB) cut interest rates Thursday, lowering borrowing costs for the second time in recent months as inflation slows and Europe’s economy stumbles. The ECB cut rates for the first time in five years in June, but kept them unchanged at its last meeting in July. However, it marginally downgraded the outlook for economic growth in the eurozone to 0.8%, from 0.9% projected in June. “Financing conditions remain restrictive, and economic activity is still subdued, reflecting weak private consumption and investment,” the ECB said. Earlier this week, former ECB chief Mario Draghi said in a report that slowing economic growth and productivity present an “existential challenge” to Europe.
Persons: Bert Colijn, Christine Lagarde’s, Mario Draghi, Draghi Organizations: London CNN, European Central Bank, ECB, Olympic, Paralympic Games, P Global, Hamburg Commercial Bank, , ING Locations: Germany, Paris, Europe, United States, China, EU
Nvidia 's wild price swings are having a strong hold on the entire market, and "insane" options trading in the chipmaker could be the culprit. While some believe Wednesday's advance was driven by CEO Jensen Huang's bullish comments about artificial intelligence , others think the action was mostly triggered by the explosion of short-term options trading activity in Nvidia. "I don't think yesterday's +8% ripper in the stock was fundamentally driven," Wells Fargo trading desk said in a note to clients Thursday. The desk pointed to a host of Nvidia call options that are set to expire on Friday, and which were the most actively-traded contracts Wednesday. NVDA YTD mountain Nvidia Nvidia, which topped $3 trillion in market value earlier in 2024, is now third-largest stock in the S & P 500 after Apple and Microsoft .
Persons: Jensen Huang's, Oppenheimer Organizations: Nvidia, Wednesday, SEC, Securities and Exchange Commission, Nvidia Nvidia, Apple, Microsoft Locations: Fargo, Wells Fargo
Read previewTensions between the Philippines and China have heightened around contested waters in the South China Sea in recent months. In recent months China has engaged in increasingly aggressive operations against the Philippines around the disputed islands of Sabina Shoal, Escoda Shoal, and Second Thomas Shoal in the South China Sea. Chinese Coast Guard holding knives and machetes as they approach Philippine vessels in the disputed South China Sea on June 17, 2024. A Chinese Coast Guard firing a water cannon at a Philippine Navy-chartered vessel resupplying troops stationed at Second Thomas Shoal in March 2024. AdvertisementSpeaking at a conference, he said that the "escort of one vessel to the other is an entirely reasonable option within our Mutual Defense Treaty."
Persons: , Collin Koh, Thomas Shoal, Second Thomas, Jay Tarriela, Timothy Heath, Heath, Koh, Shoal, Ezra Acayan, Samuel Paparo, Alexander Lopez, Sari Arho Havrén Organizations: Service, Institute of Defence, Strategic, Singapore's Nanyang Technological University, Business, coastguard, Mutual Defense Treaty, RAND Corporation, Coast Guard, Armed Forces, AP, Congressional Research Service, China, Philippine Navy, Navy, Air Force, Pacific Command, Mutual Defense, Philippine National Maritime Council, RAND, Royal United Services, Democrats, Republicans Locations: Philippines, China, South, Sabina, South China, Philippine, Second, Sabina Shoal, Asia, Ukraine, Israel
Wholesale inflation slowed again last month
  + stars: | 2024-09-12 | by ( Alicia Wallace | ) edition.cnn.com   time to read: +1 min
CNN —US producer prices continued to cool overall in August, showing that inflation across the economy is improving. But a closely watched measure of underlying inflation remained stubbornly elevated, reflecting the bumpiness in reining in price hikes. August’s monthly increase was driven by a 0.4% gain on the services side, as goods prices were unchanged, thanks in part to falling energy prices. Economists had expected that prices would increase 0.2% on a monthly basis and 1.8% annually, according to FactSet estimates. Excluding the more volatile categories of food and energy, core PPI advanced 0.3% from July, countering a 0.2% decline seen the month before.
Persons: Price Organizations: CNN, of Labor Statistics, PPI, Federal Reserve Locations: US, reining
I wanted to feel empowered in those situations, and I fully believe that if you look like a mess, you feel like a mess. I hired a stylist for about $100 when I got professional headshots, but I returned to just being me right after. I'm speaking more, I'm on TV more, and I'm going to more events. AdvertisementIt's become hard to deny the ripple effect of having a stylist on my business. He was hesitant when I first hired a stylist, but he was fully supportive when he saw how I looked and felt.
Persons: Sabina Hitchen, I'd, they'd, Julie Kraus, She's, I've, lacy, Tuckernuck, Julie, It's Organizations: Service, Press, Business, Morning America, Google Locations: New York
The chain is extending its $5 meal deal through December and adding other limited-time discounts. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . At the center of the offerings is the $5 meal, which McDonald's said Thursday it would extend for the second time.
Persons: McDonald's, Organizations: Service, McDonald's, Business
Inconsiderate passengers can make traveling an especially stressful experience. BI spoke with etiquette expert William Hanson about what travelers should never do on trains. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . No matter where you plan on traveling this season, one thing everyone can agree on is that inconsiderate passengers add unnecessary travel stress.
Persons: William Hanson, Hanson, Organizations: Service, Business
Kourtney Kardashian just launched an herbal supplement called GLP-1 Daily. GLP-1 drugs like Ozempic and Wegovy are FDA-approved for diabetes and weight-loss. Go to newsletter preferences Thanks for signing up! AdvertisementKourtney Kardashian Barker's supplement brand, Lemme, is the latest to jump on the Ozempic craze. Their new daily supplement, Lemme GLP-1 Daily, is marketed as a weight management tool.
Persons: Kourtney Kardashian, , Lemme Organizations: FDA, Service, Business
TV shows face a cutthroat new era
  + stars: | 2024-09-12 | by ( Lucia Moses | ) www.businessinsider.com   time to read: +6 min
To hear agents, lawyers, and producers tell it, the Hollywood they're going back to is more risk-averse than ever. Think of the "Suits LA" spinoff of the USA Networks show that was popularized by Netflix, and shows with big stars attached to them. Even big stars are getting slightedThere's an overall feeling that Hollywood has become too risk-averse. But in the meantime, the dearth of shows being ordered will take its toll on Hollywood. "There's just some people who are not going to be able to survive this dark period," a second lawyer said.
Persons: , it's, ProdPro, David Zaslav, Jennifer Salke, bankable, Elle Fanning, Nicole Kidman, David E, Kelley, Bill Dubuque, Comcast's Peacock, Jake Gyllenhaal, Kathy Bates, There's, Jonathan Glickman Organizations: Service, Hollywood, Netflix, USA Networks, Business, Warner Bros . Discovery, Amazon MGM Studios, Apple, Netflix . Media, Disney, CBS, Industry, Producers, Miramax Locations: Hollywood
This story is available exclusively to Business Insider subscribers. The 36-minute video was sent to Business Insider ahead of its public debut. Related stories"The efficient market hypothesis is that the market is always right," Marks said in a recent interview with Business Insider. Studying stocks' correlation with each other adds another dimension to investing, Marks said. Advertisement"3D chess is much harder than 2D chess, and so correlation is much harder than just risk and return," Marks said.
Persons: , Howard Marks, Marks, that's, you'll, heeding Marks, it's Organizations: Service, Business, Oaktree Capital Management, Investors
US District Judge Lewis Kaplan scheduled the hearing after Ryan Salame, a former executive of Alameda Research and FTX Digital Markets, tried to withdraw his guilty plea. Salame said prosecutors broke a promise to him by later indicting his romantic partner, Michelle Bond — a claim that prosecutors vigorously disputed. Instead, Kaplan grilled Salame under oath for over 30 minutes in his Manhattan courtroom Thursday morning, accusing him of misrepresenting the plea negotiations. That left Kaplan in a bind: Either Salame lied in his plea hearing, throwing the plea into doubt. Bond would not be pursued if I plead guilty," Salame said.
Persons: , who's, Lewis Kaplan, Ryan Salame, Salame, Michelle Bond, Kaplan, Sam Bankman, Salame didn't, Bond, FTX, Mary Altaffer, wasn't, Danielle Sassoon, Christopher Bartolomucci, he'll, Salame's Organizations: Service, Alameda Research, FTX, Markets, Business, Prosecutors, AP, US, Office, Southern, of Locations: Manhattan, Alameda, of New York
Read previewPwC says workers won't return to the office five days a week — and it's time for companies to see hybrid work as the new normal. "Hybrid workers have higher degrees of satisfaction and productivity than fully on-site," Anthony Abbatiello, workforce transformation leader and partner at PwC, told Business Insider. PwC's research found that hybrid workers are likelier to feel they belong at their company than fully on-site or remote workers. We came out with five signals that the research identified that are crucial for workforce transformation," Abbatiello said. AdvertisementAccording to Abbatiello, companies should be both "talent magnets" that attract emerging talent and "talent factories" that help existing workers stay and build careers.
Persons: , Anthony Abbatiello, Abbatiello, Goldman Sachs, PwC, they're Organizations: Service, Business, Companies, Big Tech
On Tuesday, the Russian military launched large-scale naval and air drills in the Sea of Japan alongside China. It's the second time in only three months that the powers have held joint military exercises, with drills held near the southern Chinese port of Guangdong in July. The joint exercises are taking place in the Sea of Japan and Sea of Japan and the Sea of Okhotsk. Some analysts, though, are pointing to tensions between Russia and China that could weaken the alliance. But for now, the alliance is growing closer, and Thomson said that the US will be watching the latest military exercises between Russia and China closely.
Persons: , It's, Graeme Thomson, Vladimir Putin, Xi Jinping, Thomson, China's, Chels Michta Organizations: Service, Business, Russian Defense Ministry, Defense, AFP, China Power Project, Eurasia Group, Anadolu, Getty, NATO, Center for, Congressional, Pentagon, Royal United Services Institute Locations: China, Russia, Russian, Japan, Pacific, Baltic, Guangdong, Moscow, Beijing, Kremlin, Ukraine, South Korea, Sea, Okhotsk, Taiwan, Alaska, Anadolu, United States
But there's another lesser-known S&P 500 index that you might not have heard of: the SPW. In contrast, the conventional S&P 500 allocates more weight to the biggest companies based on market capitalization. Big Tech names carry very little debt on their balance sheets, meaning that they are less affected by elevated interest rates. Bank of AmericaIn contrast, the cap-weight S&P 500 is approaching overvalued territory. Examples of SPW index funds include the Invesco S&P 500 Equal Weight ETF (RSP) and Goldman Sachs Equal Weight U.S. Large Cap Equity ETF (GSEW).
Persons: , that's, Jack Ablin, LPL, Jeff Buchbinder, Savita Subramanian, Buchbinder, Ablin, haven't, Goldman Sachs Organizations: Service, Nvidia, Big Tech, Business, Bank of America, Cresset, Healthcare, financials, Bank of America's, Equity, RSP
Planning a private last dance at the end of the night is sweet and special. A private dance at the end of the night can feel extra special. Royalty-free/Getty ImagesI highly recommend couples build a private last dance into their wedding-day schedule. This is a great time for them to reflect on the day and enjoy those last few moments of their wedding before it's over. This story was originally published on July 1, 2021, and most recently updated on September 12, 2024.
Persons: it's
Adam Neumann's climate tech startup is quietly refunding investors, Forbes reported. Flowcarbon has reportedly been refunding its Goddess Nature Token after failing to launch it. Flowcarbon, which aimed to enable companies to purchase carbon credits with cryptocurrency, has reportedly been issuing refunds for its Goddess Nature Token after failing to launch for years. Founded in 2021, Flowcarbon claimed that tokenizing carbon credits would make them easier to trade and help projects access funding more easily. The company said its Goddess Nature Token would shed light on the "opaque and fractured market infrastructure" for carbon credits — but the tokens have yet to emerge.
Persons: Adam, Forbes, Flowcarbon, cryptocurrency Organizations: Service, Business
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