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☆ Will Caroline Ellison get jail time for her role in the $11 billion FTX fraud scheme? Here's what the judge must weigh.
▼ + stars: | 2024-09-24 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +9 min

Read previewOn Tuesday, a judge will decide what sentence to give Caroline Ellison, who pleaded guilty to conspiring with Sam Bankman-Fried in an $11 billion fraud scheme. Ellison's sentencing sets up a high-stakes balancing test. She still participated in a massive fraud scheme, after all, the value of which he put at $11 billion. Ellison was the SBF trial's star witnessEllison pleaded guilty to fraud and money laundering for her role in the FTX scandal. Because the Bankman-Fried case went to trial, Kaplan has a lot of information at his disposal when deciding Ellison's sentence.

Persons: —, Caroline Ellison, Sam Bankman, Lewis Kaplan, Bankman, Fried, Ellison, Kaplan, FTX, cooperators, Sarah Krissoff, Cozen O'Connor, Joshua Naftalis, That's, Naftalis, Fried JANE ROSENBERG, John J, Ray III, Ryan Salame, Salame's, Gary Wang, Nishad Singh, Ellison's, Krissoff Organizations: Service, Business, Alameda Research, LLP, Prosecutors, Fried JANE ROSENBERG Prosecutors, Securities Exchange Commission, Commodity Futures Trading Commission, Government, MIT, Bankman Locations: Bankman, Manhattan, Alameda, New York, Brooklyn

☆ The winning images from Bird Photographer of the Year 2024
▼ + stars: | 2024-09-23 | by ( Nell Lewis | ) edition.cnn.com time to read: 1 min

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☆ Lando Norris eases to Singapore Grand Prix victory to reduce Max Verstappen’s lead in drivers’ championship
▼ + stars: | 2024-09-22 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

CNN —British driver Lando Norris recorded a comfortable victory at the Singapore Grand Prix on Sunday, putting a dent into Max Verstappen’s lead atop the drivers’ world championship. It was another excellent race for McLaren, following a victory for Norris’ teammate Oscar Piastri in Azerbaijan last week. It was Norris’ third win of the season, cutting reigning champion Verstappen’s lead at the top of the drivers’ championship to 52 points after the Dutch driver finished second. “[It was] an amazing race,” Norris told Sky Sports after the race. The British driver finished in sixth.

Persons: Lando Norris, Max Verstappen’s, Norris ’, Oscar Piastri, Piastri, Verstappen’s, Red, McLaren, Red Bull, ” Norris, ”, Lewis Hamilton, Norris, McLaren's Lando Norris, Edgar Su, Hamilton, Daniel Ricciardo Organizations: CNN, Singapore, Prix, McLaren, Red Bull, Red, Sky Sports, Reuters, RB Locations: British, Azerbaijan, Singapore, Verstappen

☆ CNN's Alisyn Camerota announces death of husband 2 years after pancreatic cancer diagnosis
▼ + stars: | 2024-09-21 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +1 min

CNN's Alisyn Camerota announced that her husband, Tim Lewis, died in July, two years after he was diagnosed with stage 4 pancreatic cancer. Camerota, former co-anchor of CNN's "New Day," "CNN Newsroom," and current political commentator, posted an Instagram post on Friday sharing the news. "I cannot imagine any human being soldiering through a devastating diagnosis with more humor, humility and bravery than Tim," Camerota wrote. Camerota and Lewis share three children together, twin daughters Ale and Cessa, and son Nate, according to his obituary. "I plan to write more in the coming days and to be back at work in the next few weeks," Camerota wrote.

Persons: CNN's Alisyn Camerota, Tim Lewis, Camerota, Tim, Lewis, Nate Organizations: CNN, Yale University Locations: Kansas City , Missouri

☆ How this 'Bachelor' star turned reality TV fame into a small influencer fortune
▼ + stars: | 2024-09-21 | by ( Jessica Dickler | ) www.cnbc.com time to read: +4 min

Mari Pepin and Kenny Braasch got engaged on season 7 of "Bachelor in Paradise" and married in 2023. Pepin was a participant on "The Bachelor" season 25, which aired in 2021, and then returned for "Bachelor in Paradise" season 7 later that year. After "Bachelor in Paradise" aired and her following jumped, influencer opportunities followed. Mariela Pepin, who goes by Mari, was a contestant on "The Bachelor" season 25 and then "Bachelor in Paradise" season 7. Still, 57% of Gen Zers said they would like to become an influencer if given the chance, according to a 2023 report from Morning Consult.

Persons: Mari Pepin, Kenny Braasch, Pepin, Kenny Braasch's, Braasch, Mariela Pepin, Mari, influencers, Casey Lewis, Gen Zers, Lewis, Bankrate Organizations: Finance, Pepin, CNBC, Brands Locations: Chicago, U.S

☆ Shirtless caddies, a karaoke machine and Barack Obama: Team USA’s keys to Solheim Cup glory
▼ + stars: | 2024-09-21 | by ( Patrick Snell | Jack Bantock | ) edition.cnn.com time to read: +5 min

1 guided her squad to a cathartic triumph in Gainesville, Virginia last Sunday, the host winning 15½ - 12½ over Europe at Robert Trent Jones Golf Club to end a seven-year wait to hoist the Solheim Cup. They saw how much it means to me.”Lewis and her daughter pose with the trophy. Squad chemistry grew even more courtesy of the most illustrious of cheerleaders, former President Barack Obama. “You could tell that he had watched a little bit before and that was definitely a special day for us.”Team USA celebrate triumph. 1 Korda, the host held its nerve to claim the trophy, which quickly became a de facto goblet for champagne.

Persons: CNN — Stacy Lewis, dozing, Team USA’s, rumination, “, ” Lewis, CNN’s Patrick Snell, Lewis, Robert Trent Jones, Lilia Vu, Chesnee, “ They’d, Gregory Shamus, Sarah Schmelzel, Lauren Coughlin, Alison Lee – Lewis, Barack Obama, Obama, Jack Fulghum, Taylor Takada, sheepishly, –, ”, ‘, Scott Taetsch, Nelly Korda, Charley Hull, Korda Organizations: CNN, Team, Robert Trent Jones Golf, Solheim, USA, ”, Walmart Locations: Spain, Europe, American, Gainesville , Virginia, Virginia, Washington , DC, Arkansas, Netherlands

☆ This expensive luggage may be key to LVMH's future — here's how Rimowa's CEO plans to keep growing
▼ + stars: | 2024-09-20 | by ( Brittany Chang | ) www.businessinsider.com time to read: +4 min

It's a luggage maker best known for one product, a grooved aluminum suitcase with a rabid fan base. Despite this, the suitcase company (along with cashmere maker Loro Piana) continued their "excellent momentum," LVMH said. It's "another step in the fashion space," Bonnet-Masimbert said, and a hint of how the company hopes to progress in the coming years. For a company so synonymous with luggage, it was an "interesting challenge," the CEO said — one that took three years to develop. "We feel we are very legitimate in that space, and that opens a lot of future product offerings," Bonnet-Masimbert said.

Persons: —, Louis Vuitton, Tiffany, Rimowa, Brittany Chang, Tumi, Vanessa Garoute, Tania Antonenkova, Martha Stewart, Piana, LVMH, Hugues Bonnet, Masimbert, Lewis Hamilton, Clive Mason, isn't, Bonnet Organizations: Service, Dior, Business, LVMH, tote Locations: Germany, China, Europe, Asia, North America

☆ Video shows explosions after drone attack on Russian ammunition depot
▼ + stars: | 2024-09-18 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

☆ Decades of national suicide prevention policies haven’t slowed the deaths
▼ + stars: | 2024-09-18 | by ( Cheryl Platzman Weinstock | Kff Health News | ) edition.cnn.com time to read: +9 min

Globally: The International Association for Suicide Prevention and Befrienders Worldwide have contact information for crisis centers around the world. But, Mehta said, “we act like we know everything there is to know about suicide prevention. During the past two decades federal officials have launched three national suicide prevention strategies, including one announced in April. Without accurate statistics, researchers can’t figure out who dies most often by suicide, what prevention strategies are working, and where prevention money is needed most. Similarly, the fledgling 988 Suicide & Crisis Lifeline faces similar, serious problems.

Persons: Pooja Mehta’s, Raj, “, ”, Mehta, —, Michael Schoenbaum, ” Schoenbaum, Schoenbaum, Jane Pearson, Kim Deti, Janet Lee, haven’t, Anita Everett, Dr, Sanjay Gupta, Lena Heilmann, ” Mehta, Cheryl Platzman Organizations: KFF Health, International Association for Suicide Prevention, Befrienders, Mental Health, Alaska Natives, Centers for Disease Control, CDC, National Institute of Mental Health, NIMH, Wyoming Department of Health, Lewis Katz School of Medicine, Temple University, National Alliance, Mental, Mental Health Services Administration, Center for Mental Health, CNN, CNN Health, state’s, Colorado Department of Public Health, Environment, KFF, National Institute for Health Care Management Foundation Locations: Arlington , Virginia, Alaska , Montana , North Dakota, Wyoming, SAMHSA, Colorado

☆ Video: Getty Museum responds to backlash over explosive event
▼ + stars: | 2024-09-18 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

☆ Hedge fund titan Steve Cohen is no longer trading stocks. Here's why it's an important milestone for the $4 trillion industry.
▼ + stars: | 2024-09-18 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

The news from Bloomberg that billionaire Point72 founder and legendary stockpicker Steve Cohen will no longer trade his book for the $35 billion fund Tuesday is paradoxically both shocking and expected. Of the big multi-strategy managers, the fact Cohen was still managing a book set him apart from his main competitors. Will there be another Steve Cohen? Cohen launched SAC with $20 million in 1992; new funds today need exponentially more to justify leaving seats at funds like Point72. Fictional hedge fund manager Bobby Axelrod, played by Damian Lewis, was loosely based on Steve Cohen.

Persons: —, Steve Cohen, Cohen, they've, — Cohen, He's, Point72, Ken Griffin, Izzy Englander, Dmitry Balyasny, Steve, he's, it's, Bobby Axelrod, Damian Lewis, Vincent D'Onofrio, Guy Fieri Organizations: Service, SAC Capital, Bloomberg, Business, SAC, MLB, New York Mets, Citadel, Academy, Tiger Cubs, Viking, Wall Street, Showtime, GameStop, Food Locations: Connecticut

☆ Ukrainian boxing champion Oleksandr Usyk released after ‘misunderstanding’ which led to detention in Poland
▼ + stars: | 2024-09-18 | by ( Ben Church | ) edition.cnn.com time to read: +2 min

CNN —Undisputed heavyweight boxing champion Oleksandr Usyk was released after being detained by law enforcement at Krakow Airport in Poland, Ukraine President Volodymyr Zelensky said on Wednesday. Speaking on social media, Usyk – the undisputed heavyweight champion – said “a misunderstanding took place” but that the incident “was quickly resolved.”“Thanks to all who got concerned. Usyk speaks to reporters after becoming the undisputed world heavyweight champion earlier this year. Earlier this year, Usyk beat Tyson Fury in a razor-thin split decision to become the undisputed heavyweight world champion. He became the first undisputed champion since Lennox Lewis 25 years ago, with the Briton winning all three belts available at that time.

Persons: Oleksandr Usyk, Volodymyr Zelensky, Zelensky, ” “, Andrii Sybiha, Ihor, ” Zelensky, ”, Usyk, –, Usyk’s, Yekaterina, Nick Potts, Sybiha, We’ll, Tyson Fury, Lennox Lewis Organizations: CNN, Krakow Airport, Foreign Affairs of Ukraine, Internal Affairs of Ukraine, Polish Police, Usyk Foundation, Briton Locations: Poland, Ukraine, Kraków, Ukrainian

☆ ‘Really dumb’: Conservative columnist on Trump blaming Democrats for second apparent assassination attempt
▼ + stars: | 2024-09-17 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

☆ London’s Oxford Street to be pedestrianized under new mayoral plans
▼ + stars: | 2024-09-17 | by ( Jack Guy | ) edition.cnn.com time to read: +3 min

CNN —London’s famed Oxford Street could finally be pedestrianized, according to new plans announced by city mayor Sadiq Khan on Tuesday, following years of debate about how to revitalize the area. Tourism numbers have not fully recovered since the pandemic, according to the mayor’s office. “Oxford Street was once the jewel in the crown of Britain’s retail sector, but there’s no doubt that it has suffered hugely over the last decade,” said the mayor in the statement. Mayor of LondonMore than half a million people are believed to visit Oxford Street daily. A spokesperson for the mayor’s office told CNN that they hope to have a transition scheme in place within two years.

Persons: CNN — London’s, Sadiq Khan, John Lewis, ”, ” Khan, Angela Rayner, Khan’s, “, London Khan Organizations: CNN, Labour, London, Westminster City Council, Oxford, Mayor, Westminster City, Government, Oxford Street Locations: Oxford, London, Westminster, “

☆ Police release bodycamera video showing Ryan Routh’s arrest
▼ + stars: | 2024-09-16 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

☆ Daniel Ricciardo: How driver went from a ‘shy’ teenager to one of F1’s most effervescent characters
▼ + stars: | 2024-09-16 | by ( Samuel Joseph | Sam Joseph | ) edition.cnn.com time to read: +12 min

Australian former F1 driver Mark Webber partakes in Ricciardo's infamous 'Shoey' celebration, drinking champagne out of Ricciardo's race boot. Ricciardo became the 14th Australian driver to start a race when he made his debut for HRT F1 Team in 2011. He replaced Dutchman Nyck de Vries mid-season at the junior team, renamed to AlphaTauri and rebranded as the “sister team” to Red Bull. Red Bull realitiesRicciardo’s return to Red Bull marked a full circle moment for the Aussie, having joined the team’s academy in 2008. Despite having a contract for the next two seasons, incumbent Red Bull second driver Sergio Pérez is on the hotseat after recent struggles.

Persons: CNN — Daniel Ricciardo, –, Sebastian Vettel, Ricciardo, Honey, ” Ricciardo, ”, Rudy Carezzevoli, Blake Mills, Blake, “ He’s, ’, “ Josh, I’ve, “, I’m, Mark Webber partakes, Mark Thompson, Jack Brabham, Alan Jones, Mark Webber, Oscar Piastri, Jack Doohan, Toro Rosso, Webber, Vettel, Lewis Hamilton, Nico Rosberg, Red Bull, Max Verstappen, Lando Norris, McLaren’s, Bull, Nyck de Vries, it’s, Peter Fox, don’t, you’re, “ I’ve, De Vries, Alex Albon, Pierre Gasly, ‘ Let’s, ’ ”, Red, Liam Lawson, Sergio Pérez Organizations: CNN, Red Bull, CNN Sport, Brabham, HRT, McLaren, Australian, Bull’s, Austrian, Mercedes, Monaco, Renault, Prix, Formula, One Locations: Perth, Western Australia, Ngilgi, Australia, Ricciardo's, Australian, Melbourne, Canada, Hungary, Belgium, Monaco, British, Hungarian, Europe

☆ Teamsters presidential endorsement could come this week, union says after Harris meeting
▼ + stars: | 2024-09-16 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

The International Brotherhood of Teamsters could issue its long-awaited presidential endorsement as soon as Wednesday, union spokesperson Kara Deniz confirmed to CNBC Monday following a meeting members held with Vice President Kamala Harris in Washington. We represent registered Republicans and independents," Teamsters president Sean O'Brien said in a press conference after the meeting. On Monday, Harris made her pitch for the union's endorsement in the meeting with rank-and-file Teamsters, along with O'Brien and other members of the union's executive leadership. The meeting came as both Harris and her opponent, Republican former President Donald Trump, court working-class voters. But the Teamsters president also condemned Trump's comments later in the summer, where the Republican applauded the idea of firing workers who threaten to strike.

Persons: Kara Deniz, Kamala Harris, Sean O'Brien, O'Brien, Harris, Donald Trump, Butch Lewis, Joe Biden, Trump's Organizations: Brotherhood of Teamsters, CNBC, Teamsters, Democratic, Republican, PRO, Trump, CBS, Republican National Convention, Teamster, GOP Locations: Washington

☆ Why these Gulf states want to be AI superpowers
▼ + stars: | 2024-09-16 | by ( Nell Lewis | Rym Bendimerad | ) edition.cnn.com time to read: +5 min

“There’s huge investments going into (AI) in the Middle East,” said Stephen Anderson, Middle East strategy and markets leader at PwC, speaking to CNN at last week’s Global AI Summit (GAIN) in Riyadh, Saudi Arabia. Energy demand from AI, data centers and cryptocurrencies could double by 2026, according to the International Energy Agency. Gulf states are investing heavily in AI as they look to diversify their economies. Last year, the UAE unveiled a tool called Jais and Saudi Arabia has developed the Arabic chatbot ALLaM. Challenge of governanceOne of the major hurdles with the development of AI is public perception and governance: how should AI and data be regulated safely, securely, ethically and fairly?

Persons: “, ”, Stephen Anderson ,, Anderson, We’re, ” Anderson, Nick Studer, Oliver Wyman, Studer Organizations: CNN, United Arab Emirates, PwC, AI, Google, Energy, International Energy Agency, ”, Saudi, AI Authority, Oliver Wyman Group, International Telecommunication Union Locations: UAE, Stephen Anderson , Middle, Riyadh, Saudi Arabia, Qatar

“It’s a huge turning point in our lives,” said Fischer, who was 6 when a gunman killed 20 first graders and six educators at Sandy Hook Elementary School on Dec. 14, 2012. Emma brown, giffords executive directorSince 2013, at least 122 people have been killed by gunfire in 64 planned school shootings, according to NBC News’ tracker. “We were told this would be what turns everything around,” said Emma Ehrens, 18, who was next to the Sandy Hook gunman as he shot her classmates. “It really breaks your heart a little bit more every time.”A memorial site along a road in Sandy Hook after the mass shooting at Sandy Hook Elementary School in Newtown, Conn., in 2012. Since Sandy Hook, states have passed more than 620 gun safety laws, Brown said.

Persons: Grace Fischer, Fischer, It’s, ”, Henry Terifay, Lilly Wasilnak, Matt Holden, Harris, Lawrence Jackson, Emma Brown, Giffords, Gabby Giffords —, ” Brown, Trump, Emma, giffords, Emma Ehrens, Sandy, Sandy Hook, Lisa Wiltse, Kamala Harris, “, you’ve, ” Harris, Ella Seaver, Donald Trump, JD Vance, “ We’ve, they’re, ” Vance, Vance, Biden, JT Lewis, Jesse, ” Lewis, Brown, Joe Biden, Holden, ” Wasilnak Organizations: Sandy Hook Elementary, Sandy Hook Elementary School, White, Las, NBC News, Apalachee High, Johns Hopkins Center for Gun Violence Solutions, Getty, Republican, National Rifle Association, “, Federal School Safety Commission, Safer Communities Locations: Sandy, Newtown , Connecticut, U.S, Newtown, Conn, Ohio, Phoenix

☆ The US Army put on a sudden show of force out on the far edge of Alaska to send the message it can as Russia and China drill in the Pacific
▼ + stars: | 2024-09-14 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Read previewThe US Army rapidly deployed weapons and soldiers out to the far tip of Alaska in a sudden show of force. Advertisement11th Airborne Division soldiers orient a Q-53 Radar on Shemya Island on September 13, 2024. Related storiesThe Alaska Air National Guard and the Air Force transported the various weapons and assets. 1st Multi-Domain Task Force soldiers set up communication systems for the M142 High Mobility Artillery Rocket System on Shemya Island on September 12, 2024. Advertisement11th Airborne Division soldiers previously told BI that the difficulties of fighting in the unforgiving Arctic prompt them to adapt and innovate in real time.

Persons: —, Joseph Hilbert, Hilbert, we've, Brandon Vasquez, Brandon Vasquez Hilbert, that's, Charles A, Flynn, Hunter, Vladimir Putin Organizations: Service, US Army, Business, 11th Airborne Division, US Army Pacific, Airborne Division, US, Spc, High Mobility Artillery, Lewis, McChord, Alaska Air National Guard, Air Force, Domain, Force, Artillery, U.S, Army, . Air Force, Hunter, Airborne, Pacific, US Army Pacific's, Pacific Multinational Readiness, Joint Base Elmendorf Locations: Alaska, North, Russia, China, Pacific, Washington, Hawaii, Ukraine, It's, Alaska's, Northern, Shemya, . Alaska, Richardson , Alaska, Europe, Asia, Beijing, Moscow

☆ Sam Bankman-Fried files appeal nearly a year after FTX fraud conviction
▼ + stars: | 2024-09-13 | by ( Allison Morrow | ) edition.cnn.com time to read: +2 min

New York CNN —Lawyers for Sam Bankman-Fried, the convicted former CEO of crypto exchange FTX, filed an appeal Friday, claiming he was denied a fair trial last fall and seeking new proceedings under a different judge. Bankman-Fried, 32, was sentenced to 25 years in prison after a jury convicted him on multiple federal counts of fraud and conspiracy in November. Two years after FTX collapsed in the midst of a cash crunch, Bankman-Fried is arguing that he didn’t get a fair shake in his trial. The court, they say, prohibited Bankman-Fried from introducing evidence of solvency for FTX and its sister firm, Alameda. Ellison pleaded guilty in cooperation with the government and became a star witness against Bankman-Fried during his trial.

Persons: Sam Bankman, FTX, Fried, Lewis Kaplan, ”, Caroline Ellison, Ellison Organizations: New, New York CNN, ”, Bankman Locations: New York, Bankman, Alameda

☆ Video: CNN guest accidentally triggers virtual fireworks display while on air
▼ + stars: | 2024-09-13 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

☆ ‘Definitely a shocking moment’: Pilots describe how they prevented a disaster
▼ + stars: | 2024-09-13 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

☆ ‘I could’ve made a different decision’: Timberlake speaks after pleading guilty
▼ + stars: | 2024-09-13 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

☆ See Putin’s warning as Biden holds key meeting about Ukraine
▼ + stars: | 2024-09-13 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

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