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☆ Consumer companies vie for share of India's booming stock market
▼ + stars: | 2024-10-01 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +2 min

More consumer-centric companies are looking to capitalize on India's booming stock market and strong economic growth, by going public. "After a decade, India's growth story is now likely to be driven by private consumption. With a better macro outlook, the risk appetite for investors for business to consumer companies have gone higher," said Atul Singh, CEO and managing director of wealth management firm LGT Wealth India. It may have started with large corporations like Reliance and Adani , but the positive macro story is driving more business to consumer companies to list," Singh told CNBC in an interview. India had 238 listings in 2023, reaching a nine-year high with 614 billion Indian rupees ($7.35 billion), according to FactSet data.

Persons: Ola, Atul Singh, Singh Organizations: National Stock Exchange, BMI, LGT Wealth, Reliance, CNBC, Transportation, Hyundai Motor India, Insurance, Hyundai, Ola Electric Locations: Mumbai, India

☆ Mark Cuban says he's glad he never hung out with Diddy
▼ + stars: | 2024-09-30 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Mark Cuban says he's "sure glad" that he wasn't close to rapper Sean "Diddy Combs." Cuban said he only worked with Combs' designers on a set of jerseys for the Dallas Mavericks. AdvertisementBillionaire investor Mark Cuban says he's relieved he kept his distance from rapper Sean "Diddy" Combs. The "Shark Tank" star added that while he had met and worked with Combs before, he didn't interact with Combs outside work. Cuban and representatives for Combs didn't immediately respond to requests for comment sent outside regular business hours.

Persons: Mark Cuban, Sean, Diddy Combs, Combs, Cuban, —, he's, Diddy, Theo Von, Combs didn't, Demi Moore, Ashton Kutcher, Evan Nierman, Banyan, Callie Ahlgrim, Jacob Shamsian, Sam Bankman Organizations: Dallas Mavericks, Service, NBA, Metropolitan Detention, MDC, Business Locations: Manhattan, Cuban, York, Florida, New York's

Eradicating corruption in Malaysia continues to be a difficult hurdle Prime Minister Anwar Ibrahim needs to overcome if he wants to attract more foreign direct investments into the country. To my mind ... the major problem is poor governance and endemic corruption," he told CNBC's JP Ong. Anwar explained that both domestic and foreign investors will garner more confidence when they see consistency in transparent processes and a stronger commitment to put an end to corruption. "Although, we are still carrying on this mission, because I had strongly suggested that when, in terms of corruption, it is almost systemic. When it comes to systemic, which means the mission, the crusade against corruption, has got to be full force," he added.

Persons: Anwar Ibrahim, Anwar, CNBC's JP Ong Locations: Malaysia

☆ Eric Adams says his lavish, Turkey-funded travels were legal 'gifts,' not bribes
▼ + stars: | 2024-09-30 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

In a court filing Monday, Eric Adams argues his bribery charge should be dismissed. The NYC mayor says it was legal for him to accept lavish travel accommodations from Turkey. AdvertisementIn a court filing Monday, New York City Mayor Eric Adams asked a federal judge in Manhattan to dismiss the bribery charge against him, arguing that the lavish travel accommodations he accepted from Turkish officials were gifts, not bribes. "The indictment does not allege that Mayor Adams agreed to perform any official act at the time that he received a benefit," Adams' motion argues. The other charges in Adams' indictment allege he knowingly sought and accepted illegal campaign contributions from corporations and foreign nationals.

Persons: Eric Adams, —, Adams, Alex Spiro, Spiro Organizations: Service, New York City, New York, Brooklyn Borough, Turkish Consulate, Turkish Locations: Turkey, New York, Manhattan, New York City, Brooklyn, Turkish

☆ A Gen Xer with a master's degree has been looking for a job for 9 years. He's slowly running out of money.
▼ + stars: | 2024-09-29 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +5 min

Despite having a bachelor's and master's degree in chemistry — and sending out countless applications — Putro said he's had little luck in the job market. Putro shared his job search strategies — and why he's unsure whether his age is helping or hurting him on his job hunt. AdvertisementAfter losing his job, Putro didn't immediately start applying for jobs. Over the past decade, Putro said he's applied "irregularly" for jobs — anywhere between zero and 40 applications in a given month. He said he's not sure whether being 55 years old is helping or hurting him in the job market.

Persons: Chris Putro, hasn't, —, he's, Putro, I've, it's, Putro didn't, Putro hasn't Organizations: Service, La Salle University, UCLA, LinkedIn, CBS, NBCUniversal Locations: Los Angeles

☆ Rebel Wilson has married her fiancée Ramona Agruma, 2 years after she was almost outed by a reporter
▼ + stars: | 2024-09-29 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Rebel Wilson and her fiancée Ramona Agruma married in Italy on September 28, per People. Wilson announced her relationship with Agruma in June 2022 after she was almost outed by a reporter. AdvertisementRebel Wilson and her partner Ramona Agruma are now married. Instagram/Rebel Wilson (@rebelwilson)Before dating Agruma, Wilson's last publicly known relationship was with Jacob Bush, a member of the Anheuser-Busch family, per Forbes. I end with, 'So in this cliché way, on this cliché day, Ramona Agruma, will you marry me?'

Persons: Rebel Wilson, Ramona Agruma, Wilson, Agruma, —, Royce Lillian Elizabeth, Instagram, Wilson's, Jacob Bush, Busch, Bush, Lemon, …, Andrew Hornery, Hornery, Scott Eisen, Airbnb Wilson, Ramona Organizations: Service, Business, Anheuser, Forbes, Disney, Sydney Morning Herald Locations: Italy, Australian, Sardinia, Lemon Limon, Los Angeles

ASHEVILLE, N.C. —A historic village in western North Carolina is under water after bearing the brunt of devastating flooding damage from Hurricane Helene. Tree branches, logs and a dumpster floated across Asheville’s Biltmore Village, renowned for being built and owned by a single individual. A tree had fallen on Hazel Mill Road, blocking all travel along a central route to West Asheville during Tropical Storm Helene. Jacob Biba / Asheville Citizen Times / USA Today NetworkGeorgia, Florida, Alabama, North Carolina, Tennessee and South Carolina will receive a variety of federal assistance from the government after the storm made landfall as a highly destructive Category 4 hurricane. Biden has also ordered more than 1,500 federal personnel to be deployed to the region, including search and rescue teams, medical teams and power restoration teams.

Persons: Tree, Jacob Biba, I’m, “ It’s, Hurricane Helene, Joe Biden, Helene, Biden Organizations: NBC News, River Arts, Asheville Citizen Times, USA, Network Asheville, Arts, Network Locations: ASHEVILLE, N.C, —, North Carolina, Hurricane, Asheville, Charlotte, ”, Georgia, U.S, South Carolina, North Carolina , Georgia, Florida, Ohio, Tennessee, Hazel, West Asheville, Tropical, Network Georgia, Florida , Alabama, North Carolina , Tennessee

☆ Medical bills are more negotiable than you think
▼ + stars: | 2024-09-28 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +10 min

Some Americans have seen success when negotiating for a lower medical bills. AdvertisementHowever, healthcare experts told BI that trying to negotiate medical bills — while far from a guaranteed strategy — is worth a shot. "We don't normally think about medical bills as something that you can negotiate, but it seems that sometimes you can," Duffy said. How to negotiate a medical billBefore anyone tries to negotiate a medical bill, Kelmar said they should do everything they can to ensure it's accurate. Why some people don't negotiate their medical billsDuffy and Kelmar have a few theories about why some people don't bother trying to negotiate their medical bills.

Persons: —, Erin Duffy, Duffy, they'd, didn't, It's, Patricia Kelmar, Kelmar, — Kelmar Organizations: Service, University of Southern, USC, Business, Healthcare Locations: University of Southern California

Eric Adams was indicted on 5 criminal charges but denies wrongdoing in language that mirrors Trump. AdvertisementNew York City Mayor Eric Adams' indictment may be unprecedented, but his rhetoric isn't. In his staunch denial of any wrongdoing, Adams is sounding eerily similar to another politician: former President Donald Trump. AdvertisementBeyond painting themselves a victim or "target," Trump and Adams struck a similar tone another topic: immigration. At a press conference in New York City on Thursday afternoon, Trump defended Adams and praised the mayor's immigration stance.

Persons: Eric Adams, Biden, Trump, Adams, —, Donald Trump, Roy Cohn, he's, He's, Fani Willis, Jack Smith, Joe Biden, Harris, Kathy Hochul, Democratic National Convention . Sen, Mark Kelly, Kamala Harris Organizations: Service, York City, Democrat, Mansion, Biden, Democratic National Convention . Locations: York, Turkish, Fulton County, New York City

☆ Chicago White Sox become the worst team in modern MLB history
▼ + stars: | 2024-09-27 | by ( David Close | ) edition.cnn.com time to read: +3 min

CNN —By losing to the Detroit Tigers 4-1, the 2024 White Sox entered the record books as one of the most inept teams in sports history. hold the overall record for losses when the then National League team finished with an abysmal 20-134 record. The signs of a historically bad year started at the beginning of this season when the White Sox opened with just three wins in the first 25 games. The team would later lose 14 straight games and then suffer a 21-game skid, tying the American League record with the 1998 Baltimore Orioles. Ahead of the undesired deed, infielder Nicky Lopez, who grew up a White Sox fan as a kid, told MLB.com, “It obviously sucks.

Persons: Zach DeLoach, Cy Young, Nicky Lopez, I’m, CNN’s Jacob Lev Organizations: CNN, Detroit Tigers, White Sox, 121st, Major League Baseball, The Tigers, Chicago, Tigers, Los Angeles Angels, New, Mets, New York, Cleveland Spiders, National League, Spiders, American League, Baltimore Orioles, ” Chicago, San Diego Padres, MLB, Sox Locations: New York City, Cleveland, ”, Chicago

☆ New York City taxpayers aren't footing the bill for Eric Adams' criminal corruption case
▼ + stars: | 2024-09-27 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +2 min

Eric Adams hired Alex Spiro — also Elon Musk's lawyer — to represent him in his criminal case. But taxpayers aren't paying for the criminal defense bills, a city spokesperson said. AdvertisementNew York City taxpayers aren't on the hook for the legal bill in Eric Adams' federal bribery case, a spokesperson for the mayor confirmed to Business Insider. For that case, Spiro was billing the city for his work — though reportedly charging only $250 per hour instead of the $2,025 per hour rate he's charged other clients. But New York City's coffers aren't being emptied for Spiro's work in the criminal case against Adams, according to Fabien Levy, the city's deputy mayor for communications.

Persons: Eric Adams, Alex Spiro —, Elon Musk's, —, Spiro, Adams, Alex Spiro, Elon Musk, Alec Baldwin, Fabien Levy, Levy, Alex Spiro didn't Organizations: Service, aren't, Business Locations: York City, Manhattan, York, Turkey

☆ Eric Adams is showing up to court for the first time since his historic indictment
▼ + stars: | 2024-09-27 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +2 min

Eric Adams is appearing in court for the first time in his criminal case Friday. AdvertisementNew York City Mayor Eric Adams arrived in Manhattan federal court Friday morning, where he is expected to enter a plea in his sprawling criminal bribery case. Adams is being represented in his criminal case by Alex Spiro, Elon Musk's go-to lawyer. Spiro recently won an acquittal for Alec Baldwin in a criminal case over the "Rust" movie set shooting. AdvertisementHo took the bench in a year ago, and the indictment against Adams would be his first high-profile case as a judge.

Persons: Eric Adams, He's, Adams, —, Katherine Parker, Sean, Diddy, Combs, Alex Spiro, Elon Musk's, Spiro, Alec Baldwin, Dale Ho, Joe Biden, Ho Organizations: Prosecutors, Service, York City, of, Turkish, United, US, American Civil Liberties Union Locations: Turkey, York, Manhattan, Southern, of New York, United Nations

☆ Nearly 1 in 3 US adults may have an iron deficiency, study suggests
▼ + stars: | 2024-09-27 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +8 min

Absolute iron deficiency can be treated with iron supplements, and functional iron deficiency is managed by treating the underlying conditions leading to it, Buckley said, adding that the long-term consequences of functional iron deficiency remain under investigation. Absolute iron deficiency was also common among older women and men, a group that may be more susceptible to the effects of iron deficiency,” he said. Even among adults without conditions that may be associated with iron deficiency – anemia, heart failure, chronic kidney disease or pregnancy – the estimated prevalence of absolute iron deficiency was 11% and that of functional iron deficiency was 15%. Only about 33% of the adults with absolute iron deficiency and 14% of adults with functional iron deficiency had a potential medical reason to screen for iron deficiency, such as anemia, heart failure, chronic kidney disease or pregnancy. However, we know that iron deficiency can cause symptoms before a patient becomes anemic, as anemia is a late-stage manifestation of iron deficiency,” he said.

Persons: Dr, Leo Buckley, Buckley, ”, “, menstruate, Jacob Cogan, Cogan, ” Cogan, Sanjay Gupta, Theodore Strange, ” Strange Organizations: CNN, United States –, JAMA, of Pharmacy, Brigham, Women’s, Women’s Hospital, National Health, University of Minnesota, CNN Health, Northwell’s Staten Island University Hospital Locations: United States, Boston, Northwell’s

☆ ‘Today there is crying in baseball’: Athletics bid farewell to Oakland with one final victory
▼ + stars: | 2024-09-26 | by ( Homero De La Fuente | ) edition.cnn.com time to read: +6 min

The stadium is set to become the home for USL Championship League soccer team Oakland Roots starting in 2025. In a letter addressed to the fans ahead of the final home series, A’s owner John Fisher reflected on the team’s legacy in Oakland. “The A’s are part of the fabric of Oakland, the East Bay, and the entire Bay Area,” Fisher wrote. Countless dedicated staff members and Oakland Coliseum employees have poured their hearts into this team, and their efforts have meant so much to our community. The Oakland Coliseum sits in third place for the most no-hitters thrown (12), with the last being a perfect game by the New York Yankees’ Domingo German in 2023.

Persons: Hall, Hall of Famer Rickey Henderson, Dave Stewart, Barry Zito, Mason Miller, Travis Jankowski, ”, Ezra Shaw, Mark Kotsay, “, Kotsay, who’s, ” Kotsay, Let’s, Oakland A's Jacob Wilson, Oakland Coliseum Ezra Shaw, John Fisher, Fisher, ” Fisher, Lew Wolff, Oakland Coliseum Eakin, New York Yankees ’ Domingo, Dallas Braden, Peggy Lindsey Organizations: CNN, Athletics, Texas Rangers, “, Coliseum, Hall of Famer, Rangers, Las Vegas, Oakland, West Sacramento’s Sutter Health Park, Minor League, Sacramento, Cats, Major League Baseball, NFL’s Raiders, Sin City, Oakland A's, Oakland Coliseum, Getty, AFC, USL Championship League, Oakland Roots, Howard, Oakland Coliseum Eakin Howard, Raiders, New York Yankees ’, Mariners Locations: Oakland, West Sacramento’s, Las Vegas, Sin, Bay, Seattle

☆ Turkish Airlines offered to charge Eric Adams $50 for two business-class seats worth $15,000, prosecutors say
▼ + stars: | 2024-09-26 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +5 min

Eric Adams took perks and donations from the Turkish government for years, prosecutors say. "It is very expensive because it is last minute," the airline manager texted the Adams staffer, according to the indictment. AdvertisementThe Adams staffer pushed the manager to charge a more realistic-sounding price, prosecutors say. The Adams staffer asked for "$1,000 or so," noting that Adams' "every step is being watched right now." The Turkish Airlines manager also offered to set up Adams in the Four Seasons, which the Adams staffer deemed "too expensive."

Persons: Eric Adams, wasn't, Adams, —, Damian Williams Organizations: Service, Turkish Airlines, Prosecutors, Turkish, United Nations, Cosmopolitan Suite, Regis Locations: Turkish, New York City, Turkey, Istanbul, Manhattan, Regis Istanbul, New York, France

☆ Rudy Giuliani has been disbarred — again
▼ + stars: | 2024-09-26 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +1 min

Rudy Giuliani can no longer practice law in Washington, DC. Go to newsletter preferences Thanks for signing up! AdvertisementRudy Giuliani has officially lost his law license — in Washington, DC, this time. It is the latest indignity for Giuliani, who has been shoved out of the legal profession after promoting conspiracy theories about the 2020 election following Donald Trump's election loss, and was previously disbarred in New York. The Washington, DC, Court of Appeals handed down the disbarment order with "reciprocal discipline," finding Giuliani was unable to show why the New York decision to take away his law license was wrong.

Persons: Rudy Giuliani, —, Giuliani, Donald Trump's Organizations: Service, New Locations: Washington , DC, New York, Washington ,, The Washington, DC

6 Indiana Fever were defeated 87-81 in Game 2 by the third-seeded Sun to complete the best-of-three series sweep. Clark – who was named the unanimous AP WNBA Rookie of the Year on Sunday – led all scorers with 25 points and also had nine assists and six rebounds. Diana Taurasi plays what could be her last ever game as Lynx eliminate MercuryDiana Taurasi might have played her last ever WNBA game. She is a former MVP, three-time WNBA champion, six-time EuroLeague champion, six-time Olympic champion, 11-time WNBA All-Star and is widely considered to be one of the best women’s basketball players ever. She tied the WNBA playoff game scoring record with 42 points on 70% shooting, also recording five rebounds, four assists and two blocks.

Persons: Caitlin Clark’s, Clark –, –, ” Clark, “, ”, Clark, DiJonai Carrington, Jessica Hill, Boston, DeWanna Bonner –, Alyssa Thomas, Diana Taurasi, Napheesa Collier, Taurasi, that’s, Stephen Maturen, Griner, Natasha Cloud, Collier Organizations: CNN, Connecticut Sun, Minnesota Lynx, Indiana Fever, AP WNBA, WNBA, Indiana, Sun, Connecticut, Lynx, Phoenix Mercury, Target Center, Mercury, Las Vegas Aces, New York Liberty Locations: Iowa, South Carolina, Connecticut, Minnesota

☆ Eric Adams indictment unsealed: The New York City Mayor is charged with bribery
▼ + stars: | 2024-09-26 | by ( Jacob Shamsian | Laura Italiano | ) www.businessinsider.com time to read: +1 min

New York City Mayor Eric Adams has been indicted on on bribery and conspiracy charges. Adams is the first sitting NYC mayor to be charged in a criminal indictment. Go to newsletter preferences Thanks for signing up! AdvertisementA federal grand jury in Manhattan has indicted New York City Mayor Eric Adams on bribery and conspiracy charges. The charges were detailed in a 57-page indictment unsealed Thursday, accusing Adams of soliciting bribes from foreign businesspeople, including a Turkish government official, to fuel his political campaigns.

Persons: Eric Adams, Adams, —, ADAMS —, New York City — Organizations: York City, Service, New, New York City, Turkish, Mayor, Business Locations: York, Manhattan, New York, New York City

In September 2023, NYC Mayor Eric Adams gave hip-hop mogul Sean "Diddy" Combs a key to the city. Both Adams and Combs were charged with crimes in September 2024. Go to newsletter preferences Thanks for signing up! AdvertisementAbout a year ago, New York Mayor Eric Adams gave Sean Combs, the music mogul known as Diddy, a key to the city. During a ceremony in Times Square, Adams handed Diddy the key, a symbol of recognition for New Yorkers who have achieved remarkable success.

Persons: Eric Adams, Sean, Diddy, Combs, Adams, they're, —, Sean Combs Organizations: Service, New, Catholic, Business Locations: New York, Harlem, Bronx

☆ India wants to become a semiconductor powerhouse, but it can't do it on its own
▼ + stars: | 2024-09-26 | by ( Charmaine Jacob | In Charmainemariajacob | ) www.cnbc.com time to read: +7 min

Bhatnagar pointed to how Taiwan's Powerchip Semiconductor Manufacturing Corporation will help India's Tata Electronics to build the country's first 12-inch wafer fab in Gujarat. However, analysts said India first needs to learn the ropes before it can compete with the East Asian giant, especially since its semiconductor manufacturing industry is still at a very nascent stage. "India is far behind China in semiconductor manufacturing. Earlier in September, the U.S. Department of State announced it will partner with the India Semiconductor Mission and India's electronics and IT government body to improve the global semiconductor value chain. "We are encouraging [the] semiconductor industry in a big way.

Persons: Narendra Modi, Eri Ikeda, Trendforce, Bhatnagar, Rishi Bhatnagar, Ikeda, Cozying, Biden, Modi, Jensen Huang, Sundar Pichai, Huang, Thomas Caulfield, Lisa Su, Tarun Pathak, CNBC's Tanvir Gill, Goldman Sachs Organizations: Dixon Technologies, Bloomberg, Getty, India, Indian, CNBC, Department of Management Studies, Indian Institute of Technology, Semiconductor Manufacturing Corporation, Tata Electronics, Micron Technology, Devices, Tata Group, East, External, of Engineering, U.S . Department of State, India Semiconductor, Nvidia, Google, Hindustan Times, AMD, Counterpoint, Apple, Counterpoint Research Locations: Uttar Pradesh, India, Indian Institute of Technology Delhi, Taiwan, China, South Korea, U.S, Japan, Gujarat, American, China India, New York, New Delhi, Beijing

☆ Eric Adams told a staffer he 'always' deleted texts following discussion of alleged Turkish bribes, messages obtained by prosecutors show
▼ + stars: | 2024-09-26 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +1 min

Eric Adams told a staffer he "always" deleted messages after discussing alleged bribes. Prosecutors included some of the messages in the new indictment against the NYC mayor. Go to newsletter preferences Thanks for signing up! AdvertisementNew York City Mayor Eric Adams promised to "always" delete messages exchanged with one of his staffers who arranged Turkish government-funded trips, according to the indictment against him unsealed Thursday. "To be o[n the] safe side Please Delete all messages you send me," the Adams staffer wrote in a message to Adams, according to the indictment.

Persons: Eric Adams, Adams, — Organizations: NYC, Service, York City, Prosecutors, Business Locations: York, Turkish

☆ Buying a home is going to get affordable again — but you might have to wait until 2030
▼ + stars: | 2024-09-25 | by ( Jacob Zinkula | Andy Kiersz | ) www.businessinsider.com time to read: +3 min

Read previewBuying a home could get much more affordable, but Americans might have to wait a while. AdvertisementHere's how Goldman Sachs expects this to play out. To be sure, predicting the future of the US housing market is no easy task, and housing affordability levels will continue to vary by city and state. But if Goldman Sachs is right — and these three developments come to pass in line with the bank's projections — buying a home could become much more affordable for Americans. Viswanathan said Goldman Sachs expects US home prices to rise 4.4% in 2025, up from a 3.2% projection in April.

Persons: —, Goldman Sachs, Vinay Viswanathan, Viswanathan, it's Organizations: Service, Business, Federal Reserve

☆ Inclement weather postpones New York Mets-Atlanta Braves games
▼ + stars: | 2024-09-25 | by ( Jacob Lev | Brandon Miller | ) edition.cnn.com time to read: +1 min

CNN —As rain poured down on Atlanta Wednesday, Major League Baseball announced two pivotal games were postponed due to the wet conditions. Wednesday’s and Thursday’s New York Mets-Atlanta Braves games, set to take place at the Braves home stadium Truist Park, have been postponed due to “the forecast and the inclement weather.”The MLB season was supposed to conclude on Sunday but will now extend into next week. The called-off games will be made up on Monday as part of a traditional doubleheader at Truist Park. The combination will make for “an unprecedented” weather event in North Georgia, according to the National Weather Service. The Braves are a half-game behind the Arizona Diamondbacks for the third and final wild card.

Persons: Monday’s Organizations: CNN, Atlanta Wednesday, Major League Baseball, Thursday’s New York Mets, Atlanta Braves, Braves, MLB, National Weather Service, Mets, Arizona Diamondbacks, Brewers, Kansas City Royals Locations: North Georgia, Milwaukee

☆ There's a reason Diddy's famous friends have stayed silent amid his arrest. PR experts say it's the best strategy.
▼ + stars: | 2024-09-25 | by ( Callie Ahlgrim | Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

But Diddy's empire began to crumble when Ventura sued Combs last year, accusing him of rape and abuse. Last week, Combs was arrested and indicted on racketeering and sex trafficking charges by federal prosecutors in Manhattan. AdvertisementSean "Diddy" Combs depicted in a courtroom sketch from September 17, 2024. Jane Rosenberg/ReutersAs discussions and theories have swirled around Combs' felony counts, his famous friends, colleagues, and labelmates have also become sources of speculation. However, according to Evan Nierman, CEO of the crisis PR firm Red Banyan , that silence is almost certainly strategic.

Persons: —, Sean, Diddy, Combs, Jennifer Lopez, Cassie Ventura, Jay, Naomi Campbell, Justin Bieber, Mary J, Blige, John Legend, Mark Wahlberg, Prince Harry, Ventura, Jane Rosenberg, There's, Damian Williams, Ricky Vigil, Justin E Palmer, Evan Nierman, Nierman, Sean Combs, they'd, disavow Combs, Chris Brown, Jeff Kravitz, Eric Schiffer, he'd, Schiffer, " Schiffer, Usher, WireImage Usher, Streisand Organizations: Service, Metropolitan Detention Center, Hollywood, Business, Prosecutors, Diddy, Management, Ventura Locations: New York's, Manhattan, Combs, publicists

☆ Diddy's 4 children with Kim Porter condemn 'horrific conspiracy theories' about their mother's death amid his arrest
▼ + stars: | 2024-09-25 | by ( Callie Ahlgrim | ) www.businessinsider.com time to read: +7 min

A few days after Porter was found dead at home, Combs shared an emotional tribute on Instagram, which has since been deleted. Quincy, Christian, Jessie, and D'Lila defended their parents' relationship in an open letterKim Porter, Quincy Brown, Sean Combs, Christian Combs, and Justin Combs in 2015. Chelsea Lauren/Getty ImagesCombs' four children with Porter shared a joint statement on Wednesday, published by Essence. Quincy, Christian, Jessie, and D'Lila also requested privacy as they grapple with their mother's death and father's arrest. Christian is facing his own allegation of sexual assaultSean "Diddy" Combs and his son, Christian Combs, at the 2023 VMAs.

Persons: —, Sean, Diddy, Combs, Kim Porter, Cassie Ventura, Porter, Quincy Taylor Brown, Christian Combs, Jessie James Combs, D'Lila Star Combs, Sean Combs, Jessie, Mat Szwajkos, Getty Combs, Chance Combs, wouldn't, Quincy, D'Lila, Quincy Brown, Justin Combs, Chelsea Lauren, Getty, Albert Joseph Brown III, Al B, Eugene Gologursky, Grace O'Marcaigh, O'Marcaigh, Christian, Aaron Dyer, Jacob Shamsian Organizations: Service, Business, Daily Mail, D'Lila, Angeles County Department of Medical Examiner, Essence ., Christian, MTV, BI Locations: Manhattan, Christian, Essence . Quincy, Quincy, Los Angeles

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