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☆ Hunter Biden Is Expected to Appeal Conviction on Gun Charges
▼ + stars: | 2024-06-12 | by ( Glenn Thrush | ) www.nytimes.com time to read: +1 min

Hunter Biden is expected to appeal his felony conviction for falsifying a federal firearms application, likely arguing that the judge in the case violated his constitutional rights in her instructions to the jury, according to people in his orbit and legal experts. Mr. Biden’s lawyer Abbe Lowell has also signaled that any appeal would be based on the Supreme Court’s landmark decision in 2022 that vastly expanded gun rights, a ruling that spawned legal challenges to the part of the federal firearms form at the center of the Biden case. In Mr. Biden’s case, it included a question asking buyers about their drug use. There is still a possibility that David C. Weiss, the special counsel in the case, will seek a plea agreement before the tax trial begins, and would have leverage in negotiations now that Mr. Biden is already a convicted felon, according to former prosecutors. Mr. Biden might have greater incentive to reach a deal to avoid another public airing of his personal ordeal beyond what was presented in Wilmington last week.

Persons: Hunter Biden, Biden’s, Abbe Lowell, Biden, David C, Weiss Locations: Wilmington, Del, Los Angeles

☆ Home prices will go down this summer as sellers can't postpone listing any longer, Redfin CEO says
▼ + stars: | 2024-06-11 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

Home prices will fall this summer as owners cave to selling pressure, according to Redfin's CEO. Homes in Florida and Texas are already beginning to see "major price cuts," the firm said. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementHouse prices will drop this summer as homeowners trying to wait out high mortgage rates are realizing they can't postpone moving any longer, according to Redfin CEO Glenn Kelman. Homes in key metros, like Florida and Texas, are already seeing "major price cuts," Kelman said.

Persons: —, Glenn Kelman, Kelman, Redfin Organizations: Homes, Service, Business Locations: Florida, Texas

The speed of the verdict took nearly everyone by surprise — including the first lady, Jill Biden. As the verdict was read aloud — guilty on all three felony counts — Hunter Biden stood with arms crossed, grimly surveying the jury. After jurors left the courtroom, Mr. Biden hugged his lawyers. Jill Biden, the first lady and Mr. Biden’s stepmother who attended most days of the trial, was not able to get to the courtroom in time for the verdict because of security delays. But she held Mr. Biden’s hand as he left the courthouse and got into a waiting vehicle without speaking to reporters.

Persons: Jill Biden, — Hunter Biden, Biden, Melissa Cohen Biden, “, Biden’s Locations: Wilmington, Del

☆ Here’s What Hunter Biden Was Convicted Of
▼ + stars: | 2024-06-11 | by ( Glenn Thrush | More About Glenn Thrush | ) www.nytimes.com time to read: +1 min

The crimes stem from the purchase of a handgun by Mr. Biden at one of the low points of his troubled life. He had been addicted to crack cocaine, bouncing in and out of rehab, was divorced, using prostitutes and having money problems. The New York Times reported last year that Mr. Biden later recounted to friends going into the gun store on a whim and buying the .38 because he thought spending time at a shooting range would help him avoid using drugs. In purchasing the gun, Mr. Biden had to fill out a form for a federal background check. In response to a question on the form about whether he was using drugs, Mr. Biden said he was not — an assertion that prosecutors successfully persuaded the jury was false.

Persons: Hunter Biden, Biden Organizations: New York Times

☆ Live Updates: Hunter Biden Convicted of 3 Felonies
▼ + stars: | 2024-06-11 | by ( Glenn Thrush | ) www.nytimes.com time to read: +2 min

“I don’t think the average American would have been charged with the gun thing,” Senator Lindsey Graham said. The prosecution in the Hunter Biden case is plunging into a day of wrenching testimony about his personal life — a day after airing damaging details of his addiction — to prove a legal pinpoint: that he improperly checked a single box on a federal gun application. “I don’t think the average American would have been charged with the gun thing,” Senator Lindsey Graham, Republican of South Carolina, told reporters this week. Why are you pursuing this one?”Lawyers for Hunter Biden agree. “Nobody is above the law,” Derek Hines, a top deputy to Mr. Weiss, said on Monday, adding, “not even Hunter Biden.”

Persons: Lindsey Graham, Hunter Biden, David C, Weiss, Mr, Biden, “, Biden’s, Trey Gowdy, ”, Weiss’s, Beau —, ” Derek Hines Organizations: Republican, Fox News Locations: South Carolina, Los Angeles

A jury in Wilmington, Del., on Tuesday found Hunter Biden, President Biden’s son, guilty of three felony counts for lying on a federal firearms application, a shattering blow for the Biden family in the middle of an unforgiving presidential election campaign. The verdict brought an end to an extraordinary seven-day trial that made painfully public Mr. Biden’s crack addiction, reckless behavior and ruinous spending — narrated by three former romantic partners, including the widow of his brother, Beau Biden, and by the defendant himself in the pages of his memoir. The charges that Mr. Biden was convicted of stem from the purchase of a Colt pistol in October 2018, and also included illegal possession of a weapon after falsely claiming to be drug-free on the standard background check required in all firearms transactions. Mr. Biden, 54, faces up to 25 years in prison, although federal sentencing guidelines call for a fraction of that penalty. First-time offenders who did not use their weapons to commit violent crimes typically see little jail time, and prosecutors suggested they would not seek a sentence more severe than for any other person convicted in such a case.

Persons: Hunter Biden, Biden’s, Biden, Beau Biden, Mr Locations: Wilmington, Del

☆ World War II veteran, 100, marries 96-year-old fiancée near Normandy’s D-Day beaches
▼ + stars: | 2024-06-10 | by ( Story The Associated Press | ) edition.cnn.com time to read: +5 min

But World War II veteran Harold Terens and his sweetheart Jeanne Swerlin proved that love is eternal as they tied the knot Saturday inland of the D-Day beaches in Normandy, France. Their respective ages — he’s 100, she’s a youngster of just 96 — made their nuptials an almost double-century celebration. “(The town of) Carentan was happy to host your wedding, and us, your wedding dinner,” he told the couple. Harold Terens and his 96-year-old bride, Jeanne Swerlin Terens, wave to a crowd following their wedding. On D-Day, Terens helped repair planes returning from France so they could rejoin the battle.

Persons: Harold Terens, Jeanne Swerlin, she’s, —, Terens, ″, “, Adolf Hitler’s, Loic Venance, Glenn Miller, “ oui ”, Carentan’s, ” Terens, Win McNamee, –, Emmanuel Macron, Joe Biden, ” Macron, Carentan, ”, Mayor Jean, Pierre Lhonneur’s, wasn’t, hadn’t, Jeanne Swerlin Terens, Louise, Jane Ollier, ’ ’ Ollier, Swerlin Organizations: Allied, Marais Town Hall, Getty, Army Air Forces Locations: Normandy, France, AFP, “, Ukraine, Gaza, Swerlin, Carentan, Florida, Europe, New York City, Brooklyn, Bronx, Britain, England

Hunter Biden’s defense team is expected to wrap up arguments in his federal firearms trial in Delaware on Monday, and the jury could begin deliberating by day’s end barring any dramatic moves — like a last-minute decision by Mr. Biden to testify on his own behalf. Mr. Biden, who is President Biden’s son, was angered by the government’s tough cross-examination of his daughter Naomi Biden Neal on Friday and told people in his orbit that he would consider testifying. But the defense, after a weekend of consultations between Mr. Biden and his lead lawyer, Abbe Lowell, now seems more likely to rest without taking the risky step of putting Mr. Biden on the stand. Prosecutors and Mr. Lowell’s team will meet early on Monday with the presiding judge to consider a request by the defense to dismiss the case. If the judge, Maryellen Noreika, rejects Mr. Lowell’s motions, as expected, each side will present its closing argument and Judge Noreika will issue instructions to the jury.

Persons: Hunter, Mr, Biden, Biden’s, Naomi Biden Neal, Abbe Lowell, Lowell’s, Maryellen Noreika, Noreika Locations: Delaware

Hallie Biden, a former girlfriend of Hunter Biden and widow of his brother, Beau, took the stand on Thursday, telling jurors that she saw him buy, stash and smoke vast amounts of crack cocaine in the fall of 2018 when he claimed to be drug-free on a firearms application. Ms. Biden — speaking in nervous, clipped bursts as she faced Mr. Biden across the fourth-floor courtroom — admitted that he had introduced her to crack. She said she was ashamed and embarrassed by their behavior when the two briefly lived together in a rented house in Annapolis, Md., a time when both were in shock over Beau Biden’s death. Ms. Biden is, by far, the most important witness for the prosecution, offering the most detailed, and intimate, portrait of Mr. Biden’s reckless and self-destructive behavior at the time. Mr. Biden, she said, bought multiple rocks of crack in Washington, where he kept an apartment — some the size of “Ping-Pong balls, or bigger maybe” — and stored them in his “backpack or car.”

Persons: Hallie Biden, Hunter Biden, Beau, Biden, —, Beau Biden’s, Ms Locations: Annapolis, Md, Washington

☆ These 38 GOP senators just voted against protecting contraception. Here's why.
▼ + stars: | 2024-06-05 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Read previewThe Senate failed on Wednesday to advance a bill designed to protect access to contraceptives nationwide. Just two Republican senators — Susan Collins of Maine and Lisa Murkowski of Alaska — voted with Democrats to advance the bill. Advertisement"Do people really think that even a significant minority of the Republican conference is against access to contraception?" AdvertisementBut still — if Republicans aren't against contraception, why won't they just vote for the bill? Glenn Youngkin of Virginia vetoed a bill to protect access to contraception, arguing that it violated principles of religious freedom.

Persons: —, — Susan Collins of, Lisa Murkowski, Alaska —, Chuck Schumer, Republican Sen, Thom Tillis, — Schumer, it's, Tillis, Griswold, Roe, Wade, Clarence Thomas, They've, James Lankford, Lankford, Sen, Rick Scott of, Glenn Youngkin, John Barrasso of, John Barrasso of Wyoming Marsha Blackburn of Tennessee John Boozman, Arkansas Ted Budd of, Carolina Shelley Moore Capito, West Virginia Bill Cassidy, Louisiana John Cornyn, Texas Tom Cotton, Arkansas Kevin Cramer of, Arkansas Kevin Cramer of North Dakota Mike Crapo, Idaho Ted Cruz of, Idaho Ted Cruz of Texas Steve Daines, Montana Joni Ernst, Iowa Deb Fischer, Nebraska Chuck Grassley, Josh Hawley, Missouri John Hoeven of, Missouri John Hoeven of North Dakota Cindy Hyde, Smith, Mississippi Ron Johnson, Wisconsin James Lankford, Oklahoma Mike Lee, Utah Cynthia Lummis, Wyoming Roger Marshall of Kansas Mitch McConnell, Kentucky Markwayne Mullin, Oklahoma Rand Paul of Kentucky Pete Ricketts, Nebraska Jim Risch, Idaho Mike Rounds, South Dakota Marco Rubio, Eric Schmitt, Missouri Rick Scott, Florida Tim Scott of, Florida Tim Scott of South Carolina John Thune of, Florida Tim Scott of South Carolina John Thune of South Dakota Thoms Tillis, North Carolina Tommy Tuberville, Alabama Roger Wicker, Mississippi Todd Young, Mike Braun, Indiana Katie Britt, Alabama Lindsey Graham of, Alabama Lindsey Graham of South Carolina Bill Hagerty, Tennessee John Kennedy, Louisiana Jerry Moran of, Louisiana Jerry Moran of Kansas Mitt Romney, Utah Dan Sullivan, Alaska JD Vance, Ted Budd Organizations: Service, Nine Republicans, Democratic, Republican, Business, Republicans, GOP, Oklahoma Republican, Democrats, Republican Gov, Arkansas Kevin Cramer of North, Nebraska, Kentucky, Oklahoma, South, Florida Tim Scott of South Carolina John Thune of South Dakota, North, Alabama Lindsey Graham of South Locations: — Susan Collins of Maine, Alaska, North Carolina, . Connecticut, James Lankford of Oklahoma, Oklahoma, Rick Scott of Florida, Virginia, John Barrasso of Wyoming, Arkansas, West, Louisiana, Texas, Arkansas Kevin Cramer of North Dakota, Idaho, Idaho Ted Cruz of Texas, Montana, Missouri, Missouri John Hoeven of North Dakota, Mississippi, Wisconsin, Utah, Wyoming, Nebraska, South Dakota, Florida, Florida Tim Scott of South Carolina, Florida Tim Scott of South Carolina John Thune of South, Alabama, Indiana, Alabama Lindsey Graham of South Carolina, Tennessee, Louisiana Jerry Moran of Kansas, Ohio

☆ Live Updates: Hunter Biden’s Former Partners Describe the Toll of His Drug Abuse
▼ + stars: | 2024-06-05 | by ( Eileen Sullivan | Glenn Thrush | ) www.nytimes.com time to read: +3 min

forward — rose in a Delaware courtroom to declare that the Justice Department’s sweeping immunity deal with Hunter Biden was not nearly as sweeping as the defense believed. His transfer coincided with efforts by congressional Republicans to portray Mr. Weiss — a Trump appointee held over by President Biden’s aides — as offering “a sweetheart deal” to the Bidens. In early 2023, he published a memoir covering the police trial, describing himself as “the prosecutor who took down Baltimore’s most crooked cops.”Mr. But he was passed over because it was believed he might clash with prosecutors in the U.S. attorney’s office in Washington, they said. Ms. Monaco eventually chose another prosecutor from Maryland, Thomas P. Windom, to run the team.

Persons: — bespectacled, Department’s, Hunter Biden, Leo J, Wise, “, . Wise, Biden, Biden’s, David C, Weiss, Mr . Wise, —, ”, Catherine Pugh, ” Mr, Philip Morris, Kathryn Ruemmler, Barack Obama’s, Lisa O, Donald J, Monaco, Thomas P, Windom Organizations: Trump, Baltimore U.S, Harvard Law, Navy Reserve, Justice Department, Enron, Capitol, Monaco Locations: Delaware, Baltimore, Los Angeles, U.S, Wilmington, Washington, Maryland

☆ Virginia Gov. Glenn Youngkin talks dropping EV mandate in his state
▼ + stars: | 2024-06-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVirginia Gov. Glenn Youngkin talks dropping EV mandate in his stateHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.

Persons: Glenn Youngkin, Brian Sullivan, “ Organizations: Virginia, CNBC

Two of Hunter Biden’s former romantic partners — his ex-wife and an ex-girlfriend — provided vivid, at times gut-wrenching, testimony on Wednesday about the depths of his drug addiction, grief and unsustainable spending in 2018, when he claimed to be drug-free on a federal firearms form. In his effort to prove that Mr. Biden lied about his drug use, the special counsel in the case, David C. Weiss, called Mr. Biden’s former wife, Kathleen Buhle, who remains locked in a yearslong fight with him over alimony payments after a 24-year marriage that ended in 2017. The prosecutors have set out to use testimony from at least three women to establish that Mr. Biden was a chronic drug abuser when he applied for a handgun in 2018. Almost all the events at issue in the trial happened in 2018, when Joseph R. Biden Jr. was out of office. Ms. Buhle’s testimony laid bare the painful personal toll of Mr. Biden’s addiction.

Persons: Hunter Biden’s, —, Biden, David C, Weiss, Biden’s, Kathleen Buhle, Joseph R, ”

☆ Live Updates: Hunter Biden’s Ex-Wife, a Key Witness, Is Expected to Testify
▼ + stars: | 2024-06-05 | by ( Eileen Sullivan | Glenn Thrush | ) www.nytimes.com time to read: +2 min

Kathleen Buhle in 2023. She was married to Hunter Biden from 1993 to 2017. In 2015, two months after her husband’s brother, Beau Biden, died of cancer, Ms. Buhle asked Hunter Biden to move out of their house in Washington. Soon after, Mr. Biden entered a relationship with her sister-in-law, Hallie Biden, Beau Biden’s widow. The special counsel in the case, David C. Weiss, has also signaled he intends to call Ms. Biden.

Persons: Kathleen Buhle, Hunter Biden, Hunter Biden’s, Buhle, Mr, Biden, Beau Biden, Hallie Biden, Beau Biden’s, David C, Weiss Locations: Oregon, Washington

☆ Hunter Biden’s Ex-Wife, a Key Witness, Is Expected to Testify in Gun Trial
▼ + stars: | 2024-06-04 | by ( Eileen Sullivan | Glenn Thrush | ) www.nytimes.com time to read: +1 min

As the government deepens its argument against Hunter Biden, prosecutors are expected to start calling his former partners to the stand on Wednesday, inviting them to air sordid details of his life and the depths of his addiction to crack cocaine. On Tuesday, prosecutors presented texts that showed Hunter Biden’s desperate scramble to obtain crack cocaine in the spring and summer of 2018. A day later, in his cross-examination, Mr. Lowell was able to get an F.B.I. agent to admit that none of the material covered his activity in the fall. The two divorced in 2017 after nearly a quarter-century of marriage and have three daughters.

Persons: Hunter Biden, Biden’s, Abbe Lowell, Hunter Biden’s, Lowell, Biden, David C, Weiss, Kathleen Buhle

The first day of testimony in Hunter Biden’s trial on gun-related charges kicked off Tuesday with the surreal sound of the defendant’s own voice ringing through the courtroom, narrating his descent into drug addiction, when prosecutors played the audiobook of his memoir. It ended with bitter written words: expletive-laced, panicked texts to Hallie Biden, his brother’s widow and his onetime girlfriend, berating her for disposing of a handgun and warning, presciently, that it might set off a federal investigation. The government’s case against President Biden’s son — for all the drama, media swirl and complex political dynamics — is pretty straightforward legally: proving that Mr. Biden was abusing drugs when he filled out a federal firearms application claiming he was not an “unlawful user” of controlled substances. Prosecutors stressed that point in their 15-minute opening argument before a packed courtroom that included Jill Biden, the first lady. Lying on a federal gun application is illegal and “nobody is allowed to lie, not even Hunter Biden,” said Derek Hines, a top deputy to the special counsel, David C. Weiss.

Persons: Hunter Biden’s, Hallie Biden, Biden’s, —, Biden, Jill Biden, Hunter Biden, ”, Derek Hines, David C, Weiss Organizations: Prosecutors

Larnell Robinson sat at a desk in his cluttered office last September, between a bookshelf full of Bibles and a table stacked with the overdose antidote Narcan. Richard, 61, discovered in an apartment with multiple drugs in his system two and a half weeks later. And then 59-year-old Glenn, who had lived on Mr. Robinson’s floor for years. Known for his willingness to run errands for others, he often biked to the store to get Mr. Robinson cigarettes. But after not seeing Glenn for a day, Mr. Robinson stuck a flier in his door.

Persons: Larnell Robinson, —, Richard, David, Glenn, Robinson Organizations: West Baltimore

☆ Family Turns Out to Support Hunter Biden as Jury Is Selected in Gun Trial
▼ + stars: | 2024-06-03 | by ( Glenn Thrush | Eileen Sullivan | ) www.nytimes.com time to read: +1 min

Jill Biden, wearing a purple blazer and scribbling on a white legal pad, sat in the first row of a drab fourth-floor courtroom on Monday, in a show of support for her son, Hunter, on the first day of his trial on federal firearms charges. The first lady, who followed hours of mundane interviews with dozens of prospective jurors before the panel was selected on Monday afternoon, rose to her feet when the judge called a short break about halfway through. She walked slowly over to her son, offered a long hug, then stroked his cheek. The opening hours of jury selection in Mr. Biden’s trial on charges that he lied about his drug use in applying to buy a handgun in 2018 were, as expected, a high-stakes political spectacle — with a throng of reporters crowding the courthouse while TV crews did live shots, nearly nonstop, after sunrise. But the presence of Mr. Biden’s family and friends, including his wife, Melissa Cohen Biden, his half sister, Ashley Biden, and his close friend Kevin Morris, served as a reminder that the trial was also a profound personal crisis for a family that has had more than its share of travails — in the middle of the most unforgiving presidential campaign in recent memory.

Persons: Jill Biden, Hunter, Biden’s, Melissa Cohen Biden, Ashley Biden, Kevin Morris

☆ Hunter Biden to Go on Trial in Gun Case, Days After Trump Was Convicted
▼ + stars: | 2024-06-02 | by ( Glenn Thrush | ) www.nytimes.com time to read: +1 min

Hunter Biden will go on trial on gun charges on Monday in Delaware within walking distance of his father’s campaign headquarters in Wilmington, less than a week after former President Donald J. Trump’s felony conviction in New York. But a plea deal, which offered him some immunity from prosecution and did not include prison time, imploded in July. Still, it is the son — not the father — who will be on trial twice during an election year. On Monday, he is set to report to the fourth-floor courtroom of Judge Maryellen Noreika when jury selection begins at 9 a.m. in a trial expected to last three to five days. The other, set to begin in September, involves a series of tax offenses related to his failure to file returns for a number of years.

Persons: Hunter Biden, Donald J, Biden, Trump’s, Hunter, —, Maryellen Noreika Locations: Delaware, Wilmington, New York

☆ Bracing for Start of Trial in Gun Case, Hunter Biden Is Squeezed for Money
▼ + stars: | 2024-05-31 | by ( Glenn Thrush | Mattathias Schwartz | ) www.nytimes.com time to read: +1 min

Over the past turbulent decade, through myriad self-inflicted troubles, Hunter Biden has relied on the kindness of friends and family — wives and girlfriends, business partners, his father and, most recently, a Los Angeles lawyer who provided the president’s son a $7 million lifeline. With Mr. Biden’s trial on gun charges set to begin on Monday in Delaware, Mr. Morris has said he might need to sell some real estate holdings or other assets if others do not step up to fill the gap, according to people familiar with the situation. He hopes to pressure the president’s advisers into helping find new donors, people close to the situation said. Financial troubles are nothing new for President Biden’s son, and his current woes are unlikely to prevent him from mounting a sturdy defense. But it adds a layer of stress and uncertainty, and could limit his ability to hire expert witnesses or other specialists in the gun case or in his trial on tax charges in California in September, they said.

Persons: Hunter Biden, Kevin Morris, —, Biden’s, Morris Locations: Los Angeles, Mr, Delaware, California

☆ $2 billion quant firm Engineers Gate is expanding to Singapore as more multi-strats set up shop in Asia
▼ + stars: | 2024-05-28 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +1 min

New York-based Engineers Gate, which manages more than $2 billion, is building out a Singapore office. The quant firm already has offices in New York, Boston, and London. The firm was started by former Highbridge Capital cofounder Glenn Dubin, who sold his stake in 2020. Engineers Gate, a New York-based quant firm that runs more than $2 billion, is building out a Singapore office, several people close to the firm told Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: Glenn Dubin, —, Rafael Andreata, Huang Organizations: Service, Engineers, Business, Highbridge, LinkedIn Locations: York, Singapore, New York, Boston, London, Asia, Asia Pacific

☆ Chris Martin gave a Coldplay fan a lift to a music festival
▼ + stars: | 2024-05-28 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —Saundra Glenn was already a fan of Coldplay frontman Chris Martin and that was before he gave her a lift. “The door opens and I said, ‘Oh, that’s Chris Martin, I can’t get in with him’ and they said ‘Yes, you can’,” Glenn told the BBC. That moment when Chris Martin @Coldplay saw me struggling to walk, stopped and gave me a lift to #BBC Accessible. “It’s the fact he’s conscious of disability, he’s such a kind person.”CNN has reached out to representatives for Martin for comment. Glenn, of course, stayed for the show, describing it as the “coolest festival” she’d ever attended.

Persons: Saundra Glenn, Chris Martin, Glenn, ”, ‘, that’s Chris Martin, I, ’, ” Glenn, Chris Martin @Coldplay, Glenn 💙, ade, artin, ake, ure Organizations: CNN, Coldplay, BBC, Luton, ust

☆ Even as Violent Crime Drops, Lawlessness Rises as an Election Issue
▼ + stars: | 2024-05-26 | by ( Glenn Thrush | ) www.nytimes.com time to read: +1 min

In mid-2020, the country was reeling from a surge in violent crime and civil upheaval after the killing of George Floyd by the police — a knife’s-edge national crisis that President Donald J. Trump made a central issue in the run-up to Election Day. Four years later, the nation’s crime rates have shifted. Homicide rates are tumbling from pandemic highs in most cities, funding for law enforcement is rising, and tensions between the police and communities of color, while still significant, are no longer at a boiling point. But property crime, carjackings and smash-and-grab burglaries are up, adding to a sense of lawlessness, amplified on social media and local online message boards. of fabricating positive crime data to bolster Mr. Biden.

Persons: George Floyd, Donald J, Trump, ”, ” Joseph R, Biden, shoplifters Organizations: —

☆ From more inventory to lower prices, here are 3 signs the housing market may be getting better for buyers
▼ + stars: | 2024-05-23 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +4 min

Read previewThe housing market may be starting to turn a corner, offering frustrated buyers a chance to jump back into the market after a long stretch of dismal prospects. "We think the housing market is going to improve over the next half of a year," Glenn Kelman, the CEO of Redfin, in a recent interview. Inventory is risingMore inventory is finally trickling into the housing market, which could help push prices down. Elevated mortgage rates are a key problem in today's housing market, as they deter both buyers and sellers from making deals. Rates dropping to 5%-6% would make the housing market "explode," but even a 6.5% 30-year mortgage rate would be enough to make the housing market "very strong," Reffkin said.

Persons: —, Glenn Kelman, That's, Robert Reffkin, Reffkin, Freddie Mac, Redfin's Kelman, Kelman, Compass's Reffkin Organizations: Service, Business, National Association of Realtors, CNBC Locations: Reffkin, Texas, Florida

☆ Gildan's board abruptly resigns ahead of annual meeting, handing control to activist
▼ + stars: | 2024-05-23 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

The activist firm later claimed Gildan's board was showing a "complete disregard for sound corporate governance." The last time an entire board resigned during an activist battle was in 2012, when Canadian Pacific's board yielded to Bill Ackman hours before the railroad's annual meeting. "We are deeply grateful for the outpouring of support that Browning West's slate and plan have received from our fellow shareholders, Gildan employees, and leading proxy advisory firms," Browning West's Usman Nabi and Peter Lee said in a statement. Browning West, based in Los Angeles, accused Gildan's board of leaking an allegedly non-existent sale process to the media and hiring private investigators to look into one of the firm's nominees. Other major shareholders, including Anson Funds and Janus Henderson, backed Browning West's push.

Persons: Gildan Activewear, Browning West's, Glenn Chamandy, Browning, Vince Tyra, Bill Ackman, Browning West's Usman Nabi, Peter Lee, Gildan's, Gildan, Chamandy, Tyra, Michael Kneeland, Janus Henderson, Glass Lewis, Ancora Organizations: Houchens Industries, Amazon, Target, United Rentals, Anson Funds, Norfolk Southern Locations: Montreal, Gildan, Los Angeles

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