DIRS.INFO The most relevant business & tech news

The indictment of former President Donald J. Trump in connection with his efforts to retain power after his 2020 election loss left a number of unanswered questions, among them: Who is Co-conspirator 6? The indictment asserted that six people aided Mr. Trump’s schemes to remain in office. Identified by the indictment as “a political consultant who helped implement a plan to submit fraudulent slates of presidential electors to obstruct the certification proceeding,” the person could have been a number of figures in Mr. Trump’s orbit. But a close look at the indictment and a review of messages among people working with Mr. Trump’s team provides a strong clue. An email from December 2020 from Boris Epshteyn, a strategic adviser to the Trump campaign in 2020, to Mr. Giuliani matches a description in the indictment of an interaction between Co-conspirator 6 and Mr. Giuliani, whose lawyer has confirmed that he is Co-conspirator 1.

Persons: Donald J, Trump, Rudolph W, Giuliani, John Eastman, Mike Pence, Boris Epshteyn Organizations: New Locations: New York

☆ Why Jack Smith Had to Bring This Indictment Against Trump - The New York Times
▼ + stars: | 2023-08-02 | by ( Ryan Goodman | Andrew Weissmann | ) www.nytimes.com time to read: +2 min

Donald Trump has now been indicted three times, accused of crimes occurring before, during and after his presidency. But the indictment does more: It skillfully avoids breathing air into a Trump claim of selective prosecution. To not have brought this case against Mr. Trump would have been an act of selective nonprosecution. Mr. Smith has now said he can prove the same conduct beyond a reasonable doubt. Although the Jan. 6 select committee referred Mr. Trump for investigation for inciting an insurrection, Mr. Smith wisely demurred.

Persons: Donald Trump, Trump, Jack Smith, David Carter, John Eastman, Smith, demurred Organizations: Justice Department, Department of Homeland Security, of National Intelligence, Republican, The, Capitol, Federal, Department Locations: United States

☆ Donald Trump Jan. 6 indictment: Ex-president charged in DOJ's criminal probe into 2020 election interference — his 3rd indictment this year
▼ + stars: | 2023-08-01 | by ( Azmi Haroun | Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

Donald Trump has been indicted as part of the Department of Justice's investigation into the events leading up to the Jan. 6 Capitol riot. The riot was the culmination of efforts by Trump's supporters to block the certification of Biden's election. The Justice Department, in a team led by Special Counsel Jack Smith, brought the charges. Trump announced last month that Smith's team had served him a target letter indicating he may be indicted in the investigation. Trump and six co-conspirators also attempted to rope then-Vice President Mike Pence in their scheme and use the Justice Department to keep Trump in power, the indictment alleges.

Persons: Donald Trump, Trump's, Trump, Joe Biden, Jack Smith, Smith, Mike Pence, Walt Nauta, Stormy Daniels, MANDEL NGAN, Rudy Giuliani, Mark Meadows, John Eastman, Giuliani, What's, Win McNamee, Fani Willis empaneled, George, Biden, Dana Nessel, Jean Carroll Organizations: Department of, Service, Republican, The Justice Department, Truth, Justice Department, Trump, Capitol, White, Prosecutors, Representatives, US Department of Justice, Getty, DOJ, The Washington Post, NPR, Fulton Locations: Wall, Silicon, Florida, New York, Manhattan, Washington ,, AFP, Washington , DC, Fulton County, Atlanta, Michigan

☆ Indictment says a top campaign advisor warned the Giuliani-led efforts to overturn state's votes were based on 'conspiracy shit beamed down from the mothership'
▼ + stars: | 2023-08-01 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

An unnamed senior Trump campaign advisor privately torched Rudy Giuliani's post-election legal gambits. "It's all just conspiracy shit beamed down from the mothership," the advisor wrote in an email. "I'll obviously hustle to help on all fronts, but it's tough to own any of this when it's all just conspiracy shit beamed down from the mothership," an unnamed senior campaign advisor wrote in an email on December 8, 2020, according to the indictment. Eric Herschmann, a White House attorney, went viral for his comments to the committee about how he thought conservative legal advisor John Eastman was advancing nonsensical arguments. Many of the episodes mentioned, including an unnamed Trump advisor calling the wrong senator on January 6, fit with previously revealed information about the former New York mayor's actions before, during, and after the Capitol riot.

Persons: Rudy Giuliani's, Jack Smith's, Donald Trump, Rudy Giuliani, Eric Herschmann, John Eastman, Giuliani, Eastman, Trump Organizations: Trump, Service, White, White House Locations: Wall, Silicon, York

☆ Who are the Trump co-conspirators in the 2020 election interference indictment?
▼ + stars: | 2023-08-01 | by ( Marshall Cohen | ) edition.cnn.com time to read: +4 min

CNN, however, can identify five of the six co-conspirators based on quotes in the indictment and other context. They include:Co-Conspirator 1 is former Trump lawyer Rudy Giuliani. Among other things, the indictment quotes from a voicemail that Co-Conspirator 1 left “for a United States Senator” on January 6, 2021. The quotes in the indictment match quotes from Giuliani’s call intended for GOP Sen. Tommy Tuberville, as reported by CNN and other outlets. The indictment quotes from the memo, and those quotes match a two-page memo that Eastman wrote, as reported and published by CNN.

Persons: Donald Trump, “, Trump, Rudy Giuliani, ”, GOP Sen, Tommy Tuberville, Ted Goodman, Giuliani, John Eastman, Mike Pence, Eastman, Charles Burnham, ” Burnham, Sidney Powell, Powell, Brian Kemp, Jeffrey Clark, Clark, rebutting Clark’s, Clark ., Kenneth Chesebro, Chesebro Organizations: CNN, United, GOP, Electoral, Eastman, Trump, Georgia ”, Georgia Gov, Justice, Justice Department, Department, Clark, Chesebro Locations: United States, Georgia, Pennsylvania

The four-count, 45-page indictment charges Republican Trump with conspiring to defraud the U.S. by preventing Congress from certifying Democrat Joe Biden's victory and to deprive voters of their right to a fair election. The charges stem from Special Counsel Jack Smith's sprawling investigation into allegations Trump sought to reverse his loss to Biden. The indictment lays out numerous examples of Trump's election falsehoods and notes that close advisers, including senior intelligence officials, told him repeatedly that the election results were legitimate. "President Trump will not be deterred by disgraceful and unprecedented political targeting!" Tuesday's charges represent a second round of federal charges by Smith, who was appointed a special counsel in November by U.S. Attorney General Merrick Garland.

Persons: Donald Trump, Trump, Joe Biden's, Mike Pence, Tanya Chutkan, Barack Obama, Jack Smith's, Biden, Weeks, Smith, Rudy Giuliani, Jeffrey Clark, John Eastman, Pence, Lindsay DeDario, Ted Goodman, Clark, Eastman, General Merrick Garland, Stormy Daniels, Kevin McCarthy, Ron DeSantis, Trump's, Fani Willis, Garland, Jacqueline Thomsen, Sarah N, Lynch, Rami Ayyub, Andrew Goudsward, Luc Cohen, Jack Queen, Kanishka Singh, Dan Whitcomb, Costas Pitas, Mike Scarcella, Tim Reid, Jeff Mason, Gram Slattery, Joseph Ax, Scott Malone, Will Dunham, Howard Goller, Grant McCool Organizations: U.S, Capitol, Republican, ., Trump, Congress, Justice, REUTERS, TRUMP, REPUBLICAN, Republicans, Democratic, Justice Department, Thomson Locations: American, Washington, U.S, Washington ,, Nazi Germany, Georgia, Erie , Pennsylvania, Miami, Manhattan's, Florida, Fulton County, The Hague, Kosovo, New York

☆ Here are the likely identities of Trump's co-conspirators in the January 6 indictment
▼ + stars: | 2023-08-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Trump was indicted for a third time on Tuesday, this time for his attempts to overturn the 2020 election. The indictment refers to six unnamed co-conspirators in the wide-ranging plot. The 45-page indictment claims that six of Trump's associates were co-conspirators in the plot, but doesn't name any of them. The indictment alleges that co-conspirator 1 played a key role in attempts to overturn the 2020 election results in Arizona, including directly engaging with then-Arizona House Speaker Rusty Bowers, a Republican. Co-conspirator 3: Sidney PowellFormer Trump attorneys Sidney Powell, leaves the Federal Court in Washington, Thursday, June 24, 2021.

Persons: Trump, Donald Trump, Rudy Giuliani, Eduardo Munoz, Rusty Bowers, Bowers, Giuliani, John Eastman, Susan Walsh, Bob Woodward, Robert Costa, Sidney Powell, Mike Lindell, Manuel Balce Ceneta, —, Brian Kemp, Powell, Jeffrey Clark, Clark, Kenneth Chesebro, Trump's Organizations: Service, Department, Justice, Rudy Giuliani Former New York City, REUTERS, New York, Arizona, Republican, Trump, John Eastman AP, CNN, Court, Dominion Voting, AP, Georgia Gov, Justice Department, Environment, Natural Resources Division, Electoral, The New York Times Locations: Wall, Silicon, Afghanistan, New York City, U.S, Arizona, Washington, Wisconsin, Arizona , Georgia, Michigan, Nevada , New Mexico , Pennsylvania, Pennsylvania

☆ The indictment says Trump had six co-conspirators in his efforts to retain power.
▼ + stars: | 2023-08-01 | by ( Alan Feuer | More About Alan Feuer | ) www.nytimes.com time to read: +1 min

The indictment of former President Donald J. Trump mentions — but does not identify by name — six co-conspirators who prosecutors say worked with him in seeking to overturn the 2020 election. It is not clear why the office of the special counsel, Jack Smith, decided to seek only Mr. Trump’s indictment for now, though it is possible that some of the co-conspirators could still face charges in the weeks ahead. Here is how the indictment describes those conspirators. The identities of the co-conspirators could not immediately be determined, but the descriptions of them appear to match up with a number of people who were central to the investigation into election tampering conducted by prosecutors working for Mr. Smith. Among those people central to the inquiry were Rudolph W. Giuliani, a lawyer who oversaw Mr. Trump’s attempts to claim the election was marred by widespread fraud; John Eastman, a law professor who provided the legal basis to overturn the election by manipulating the count of electors to the Electoral College; Sidney Powell, a lawyer who pushed Mr. Trump to use the military to seize voting machines and rerun the election; Jeffrey Clark, a Justice Department official at the time; and Kenneth Chesebro and James Troupis, lawyers who helped flesh out the plan to use fake electors pledged to Mr. Trump in states that were won by President Biden.

Persons: Donald J, Trump, Jack Smith, Smith, Rudolph W, Giuliani, Trump’s, John Eastman, Sidney Powell, Jeffrey Clark, Kenneth Chesebro, James Troupis, Biden Organizations: Mr, Electoral College, Justice Department

☆ Morning Bid: ECB to follow Fed hike, Meta surges
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +5 min

Fed Chair Jerome Powell remained equivocal about whether there was one more policy rate rise left this year and said Fed staff were no longer forecasting a recession - but futures markets continue to see a less than 50% chance of another move. Global stocks (.MIWD00000PUS) hit their highest since April last year on Thursday, with European stocks up more than 1% ahead of the ECB decision. The euro pushed higher against a softer dollar ahead of the announcement and press conference from ECB chief Christine Lagarde. The yen also firmed as the Bank of Japan is expected to keep its easy policy unchanged on Friday. The euro zone's biggest bank BNP Paribas (BNPP.PA), by contrast, beat Q2 estimates and the stock jumped 4%.

Persons: Mike Dolan, Meta, Jerome Powell, Dow Jones, Christine Lagarde, Willis Towers Watson, Giorgia Meloni, Joe Biden, Toby Chopra Organizations: Federal Reserve, European Central Bank, Fed, Treasury, Boeing, Dow, Wall, ECB, Bank of, Shell, Barclays, BNP, Central Bank, Intel, Ford, Boston Scientific, Myers Squibb, Honeywell, Xcel, Eastman Chemical, Pentair, Mastercard, P Global, Hershey, Digital Realty, Northrop Grumman, Weyerhaeuser, Cincinatti, Verisign, Comcast, Southwest Airlines, HCA, . Federal Reserve Board, Washington Reuters Graphics Reuters, Reuters, Exxon, Chevron, Thomson Locations: U.S, Bank of Japan, Asia, Hong Kong, China, Abbvie, Bristol, Edison, Kansas, Basel III, Washington

☆ A secret bomb and ruined film: Why the US government only told Kodak it was going to test nuclear bombs
▼ + stars: | 2023-07-25 | by ( Maiya Focht | ) www.businessinsider.com time to read: +6 min

Nuclear fallout from the Trinity Test damaged a batch of the Eastman Kodak Company's X-ray film. In the coming months, 1,111 miles to the northeast, physicists in the Eastman Kodak Company headquarters began following that trail. By testing the particles that settled in one of its manufacturing facilities, Kodak determined that they came from a nuclear bomb. They agreed to give Kodak advance notice of any nuclear testing in exchange for them dropping legal action. It took decades for the rest of the country and the world to find out about the dangers of nuclear fallout.

Persons: they'd, Kodak's, Julian Webb, Webb, Geiger, Sen, Tom Harkin Organizations: Trinity, Eastman Kodak Company's, Kodak, Service, New Mexico Army, Eastman Kodak Company, Atomic Scientists, Atomic Energy Commission, Lions, CDC, Trinity Test Kodak, Manhattan, Trinity Test, Manhattan Project, Corbis, AEC, National Cancer Institute, Iowa Locations: Wall, Silicon, New Mexico, Nevada, Vincennes , Indiana, Alamogordo , New Mexico, Indiana, Rochester , New York, The Rochester , New York, United States, Utah, Idaho

CNN —Donald Trump’s legal troubles deepened earlier this week when he was informed by special counsel Jack Smith that he’s the target of the criminal investigation into the aftermath of the 2020 election – the clearest sign yet that the former president could soon face more criminal charges. But without more detail, it’s hard to know exactly what shape the charges will take or what Trump 2020 election-related conduct they are aimed at. Among the potential charges Trump has been warned about is one pertaining to witness tampering, according to the Wall Street Journal and other outlets. Trump’s alleged involvement in a criminal conspiracy has been invoked in the litigation around the House select committee that investigated January 6’s pursuit of Trump lawyer John Eastman’s emails. That ruling pointed both to the obstruction of an official proceeding statute and the general conspiracy statute.

Persons: Donald Trump’s, Jack Smith, Smith, Trump, Todd Blanche, ”, Norm Eisen, “ Trump, Shan Wu, CNN’s Manu Raju, Mike, Joe Biden, ” Eisen, “, Justin Levitt, Levitt, Douglass Mackey, ” Mackey, Joe Biden’s, Enrique Tarrio, Trump’s, John Eastman’s, David O, Carter, Eastman, Elie Honig, ” Honig Organizations: CNN, Sunday, White, Trump, ABC, The New York Times, Loyola Law School, Obama Justice Department, Biden White House, Klux Klan, Wall Street, Justice Department, Boys, Eastman, Capitol Locations: United States, New York, Georgia, Arizona

☆ Obstruction Law Cited by Prosecutors in Trump Case Has Drawn Challenges
▼ + stars: | 2023-07-20 | by ( Alan Feuer | More About Alan Feuer | ) www.nytimes.com time to read: +2 min

This challenge is at the center of the second appeals court case in Washington and could be decided any day now. The president and lawyers close to him like John Eastman sought to strong-arm Mr. Pence into using his role in overseeing the election certification on Jan. 6 to unilaterally toss the race to Mr. Trump. Last year, the House select committee investigating Jan. 6 urged that Mr. Trump be charged with obstruction of an official proceeding among other counts, including conspiracy to defraud the United States and incitement to insurrection. But long before those recommendations were made, judges and lawyers involved in Jan. 6 criminal cases were exploring whether Mr. Trump’s behavior — specifically his attempts to pressure Mr. Pence — violated the obstruction count. While Mr. Pearce never mentioned Mr. Trump by name, it was clear he was discussing the former president’s attempts to get Mr. Pence to do his bidding that day.

Persons: Trump, Smith, Mike Pence, John Eastman, Pence, Jan, —, Pence —, James Pearce, Department’s, Pearce Locations: Washington, United States

The winning candidate must receive at least 270 of the 538 total electoral votes. Each of the 50 states is assigned a number of electoral votes that match the size of their congressional delegation. In all but two states, the winner of the popular vote receives all of the state's electoral votes. In most elections, the winner of the national popular vote has also won the Electoral College vote. Those electors met on Dec. 14, 2020, to cast their votes for Trump - the same day when legitimate electors cast their ballots for Biden.

Persons: John Eastman, Donald Trump's, Rudy Giuliani, Read, Dana Nessel, Republican Donald Trump, Democrat Joe Biden, Hillary Clinton, Joe Biden, Kenneth Chesebro, Trump, Biden, Mike Pence, Congress's, Pence, JAN, Jeffrey Clark, Andy Sullivan, Scott Malone, Grant McCool Organizations: Trump, U.S, Congress, Michigan, Republican, Democrat, U.S . Constitution, of Columbia, Senate, Electoral, Trump's, U.S . Capitol, White, Capitol, U.S . Justice, Washington . Eastman, Justice Department, Thomson Locations: U.S, Washington , U.S, WASHINGTON, U.S ., California, Vermont, Wyoming, Maine, Nebraska, The Michigan, Michigan , Pennsylvania, Arizona, Georgia, New York, Washington

☆ Live updates: Trump sent target letter in January 6 probe
▼ + stars: | 2023-07-18 | by ( Shawna Mizelle | ) edition.cnn.com time to read: +3 min

The witnesses, several of whom appeared under subpoena, range from low-level aides to Trump’s own vice president. Both Pence and Trump asked for the subpoena to be thrown out, but trial and appellate judges rejected that request. Mark Meadows: Mark Meadows, Trump’s former chief of staff, appeared before the grand jury in June. As chief of staff, Meadows was in the middle of Trump’s efforts to overturn the election in the two months between Election Day and Joe Biden’s inauguration. Marc Short: Marc Short, former chief of staff to Pence, testified to the grand jury about the fake elector scheme and the role of Trump lawyers John Eastman and Rudy Giuliani.

Persons: Dan Scavino, Donald Trump, Al Drago, Jack Smith, Here’s who’s, Mike Pence, Pence, Trump’s, Trump, Mark Meadows, Meadows, Joe Biden’s, Biden’s, Marc Short, John Eastman, Rudy Giuliani, Greg Jacob, Jacob Organizations: White House, Team Trump Volunteer Leadership, Bloomberg, Getty, Capitol, Trump Locations: Grimes , Iowa, Washington ,

☆ The Donald Trump view of elections was just rejected again
▼ + stars: | 2023-06-27 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +7 min

The news Tuesday is that the US Supreme Court squarely rejected the fringe legal theory by which far-right activists and supporters of Trump hoped to be able to ignore election outcomes. What exactly did the Supreme Court do? The case at hand – Moore v. Harper – had to do with a 2022 North Carolina congressional map rejected by the state’s Supreme Court. Trump supporters thought a riff on the independent state legislature theory, written by the former Trump lawyer John Eastman, could have kept him in office past 2020, even though he lost the election. “(Pence) should have put the votes back to the state legislatures and I think we would have had a different outcome.

Persons: Donald Trump, Trump, doesn’t, Jack Smith, Joe Biden, – Moore, Harper –, John Eastman, Eastman, Mike Pence, ”, John Roberts, Brett Kavanaugh, Amy Coney Barrett, Joan Biskupic, Roberts, ” Biskupic, ” Trump, CNN’s Kaitlan Collins, It’s, David Chalian, Roe, Wade Organizations: CNN, Justice Department, The Justice Department, Trump, Legislature, ”, Supreme, Eastman, Republican, Pentagon, White, Environmental Protection Agency Locations: North Carolina, California, Wisconsin , Pennsylvania, Georgia, Iran, United States, Alabama, Black

☆ Morgan Stanley adds this beat-down energy stock to its list of best up-and-coming ESG plays
▼ + stars: | 2023-06-27 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

It's also growing capacity for renewable energy three-fold through 2027, giving it one of the largest renewable pipelines in the world. Byrd pointed to the company's leadership in new technology, including energy storage and carbon-free electricity. The energy stock has tumbled more than 28% this year after sidestepping 2022's bear market and finishing the year more than 18% higher. AES YTD mountain AES, year to date The other stocks in his top ideas list for the Americas — Deere , Eastman Chemical , New Fortress Energy and Nu Holdings — remained. AI and real-time sensing could help improve decision making around food distribution and waste, Byrd said.

Persons: Morgan Stanley, Stephen Byrd, It's, Byrd, Nu Holdings —, Deere, That's, Nu, — CNBC's Michael Bloom Organizations: AES, Americas, Deere, Eastman Chemical, New Fortress Energy, Nu Holdings Locations: Brazil

☆ Supreme Court rules against Republicans in North Carolina elections dispute
▼ + stars: | 2023-06-27 | by ( Lawrence Hurley | ) www.cnbc.com time to read: +5 min

The justices ruled on a 6-3 vote that the North Carolina Supreme Court was acting within its authority in concluding that the map constituted a partisan gerrymander under the state constitution. As a result of the North Carolina Supreme Court's ruling, that map is likely to tilt heavily toward Republicans. The North Carolina case was being closely watched for its potential impact on the 2024 presidential election. Republicans led by Tim Moore, the speaker of the North Carolina House of Representatives, invoked the theory after the state Supreme Court struck down the congressional district map in February of last year. Moore and other Republicans immediately asked the Supreme Court to reinstate the maps, saying the state court had overstepped its authority.

Persons: William Rehnquist, Gore, Republican George W, Bush's, Donald Trump, Tim Moore, Moore, John Eastman, Mike Pence, Joe Biden's, Biden's Organizations: Republicans, North Carolina, Democratic, Supreme, Republican, North Carolina House of, U.S, Democrats Locations: North Carolina, Bush, Carolina, —

CNN —Conservative retired federal judge J. Michael Luttig has called the Republican Party base “spineless” for its continued support of former President Donald Trump and submitted that the GOP is destroying itself. Nor ought it be saved,” Luttig said in a scathing New York Times op-ed published Sunday. Luttig, a former judge on the 4th US Circuit Court of Appeals, was a key witness at the January 6 committee hearings last year. He also name-checked prominent Republicans who have stopped short of throwing their political support to Trump but have attacked the Justice Department over its investigations into the former president. “Both Governor DeSantis and Mr. Pence pledged – in a new Republican litmus test – that on their first day in office they would fire the director of the F.B.I., the Trump appointee Christopher Wray, obviously for his turpitude in investigating Mr. Trump,” Luttig wrote.

Persons: J, Michael Luttig, Donald Trump, Mr, Trump, –, Biden, ” Luttig, Luttig, Clarence Thomas, Mike Pence’s, John Eastman, Pence, “, DeSantis, Christopher Wray, ” Organizations: CNN — Conservative, Republican Party, GOP, Espionage, New York Times, Trump, Republicans, Justice Department, Republican

☆ Opinion: For women, it’s past time to give up the ghost of equality
▼ + stars: | 2023-05-06 | by ( Opinion Marcie Bianco | ) edition.cnn.com time to read: +11 min

CNN —The Equal Rights Amendment (ERA), which states that equal rights under the law cannot be denied on account of sex, has been in a perpetual state of limbo for 100 years. And worldwide, those dreaming of gender equality will have to wait another 300 years, according to the latest United Nations estimates. Arguably, billionaires will land on Mars before we achieve gender equality. With odds like those, it’s well worth asking: What does “achieve gender equality” even mean? It’s past time to give up the ghost of equality and pursue a goal that has hope of transforming women’s lives for the better: freedom.

☆ Morning Bid: Fresh spur from Meta and Europe's banks
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +5 min

Perhaps even more surprising, Europe's big banks are wowing the gallery too - showing limited, if any, fallout from the failure of ailing Credit Suisse at the end of the quarter. And so the glass appears half full again despite background tensions around regional U.S. banks and as wider markets brace for several weeks of a U.S. debt ceiling standoff. With Amazon reporting later, its stock rose another 2% ahead of the bell too. The U.S. House of Representatives on Wednesday narrowly passed a bill to raise the government's $31.4 trillion debt ceiling that includes sweeping spending cuts over the next decade. The dollar was marginally weaker, with crude oil prices struggling to recover from their latest lunge lower this week.

☆ Happy 100th Birthday, 16-Millimeter Film
▼ + stars: | 2023-04-18 | by ( Devika Girish | ) www.nytimes.com time to read: +2 min

One hundred years ago, the Eastman Kodak Company introduced a shiny new camera that promised to revolutionize moviemaking. The technical marvel, however, wasn’t just the camera but also the film inside. Until 1923, the film used most commonly in motion pictures was 35 millimeters wide. Until digital video arrived in the late 1990s, 16-millimeter film was the mainstay of the amateur or independent filmmaker, requiring neither the investment nor the know-how of commercial cinema. The third film, “Black Faces” from 1970, was an ebullient, one-minute montage of portraits of Harlem residents.

☆ Carl Icahn wants to bring back Illumina's ex-CEO 'immediately' as proxy fight intensifies
▼ + stars: | 2023-03-29 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

Carl Icahn on Wednesday said Illumina should bring back its former CEO "immediately," his latest move in a brewing proxy fight with the biotech company. Flatley helmed the company for 17 years before he was succeeded by current CEO Francis deSouza in 2016. Icahn, who owns a 1.4% stake in Illumina, lambasted the company's current management in the interview. He told the Journal that executives are making the mistake of holding onto Illumina's $7.1 billion acquisition of cancer test developer Grail in 2021. He told the Journal that Illumina can't afford to keep Grail under current macroeconomic conditions.

☆ Morgan Stanley highlights four stocks that are rising stars in the world of ESG investing
▼ + stars: | 2023-03-10 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Morgan Stanley's list of the biggest rising stars in the socially conscious investing space includes four U.S. stocks. But the stock hugely outperformed last year, rising 25% while the S & P 500 dropped 19.4%. DE 5Y mountain Deere & Co. Another name listed by Morgan Stanley is Eastman Chemical . Management estimates that the Kingsport plant will have a 15% rate of return for the company, while the other plants will likely be closer to 12%, Morgan Stanley said. EMN NFE 1Y mountain Eastman Chemical Nu Holdings , a Brazilian digital banking company that trades on the New York Stock Exchange, also made Morgan Stanley's list.

☆ The Tax Play That Saves Some Couples Big Bucks
▼ + stars: | 2023-03-03 | by ( Laura Saunders | ) www.wsj.com time to read: 1 min

Spencer Phillips, a 39-year-old orchestral musician who plays the bass violin, loves and trusts his wife of 10 years—but he refuses to file a joint income-tax return with her. Instead, Mr. Phillips and his wife opt into the “married, filing separately” status, called MFS, and each spouse reports only his or her income to the Internal Revenue Service. This saves them a lot of money: By filing separately, and so reducing his stated income, Mr. Phillips’s student-loan payments on about $200,000 of debt from the prestigious Eastman School of Music and other programs come to about $240 monthly instead of more than $1,000.

☆ How the market has changed in the 20+ years I’ve covered it
▼ + stars: | 2023-03-03 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +6 min

Eastman Kodak (KODK) was a Dow stock. I’ve written about B2B (aka business-to-business) software companies, cloud computing firms, IPOs and SPACs, and cannabis/pot stocks. There have been more flavors of the month in the stock market during my CNN career than at your local Baskin-Robbins. It’s fine to have a lot of your money in S&P 500 ETFs and other funds that will track the broader market. “We still continue to believe that over long periods of time, stocks provide a reasonable hedge against inflation,” Patterson said.

Search resuls for: "Eastman"

25 mentions found