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☆ Ukraine's experimental 'FrankenSAM' weapons reveal a huge gap in the US arsenal, military expert says
▼ + stars: | 2024-02-01 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +4 min

The US making experimental weapons reveals its lack of ground-based defenses, an expert told BI. AdvertisementUkraine's use of experimental "FrankenSAM" defense systems has highlighted gaps in NATO's own arsenals, according to a military expert. "The FrankenSAMs fill a critical gap" for Ukraine as its allies don't have enough ground-based air defenses to give it, Cancian told Business Insider. He said Ukraine desperately needs ground-based air defenses, with Russia launching major drone and missile strikes on cities and towns across the country. The Pentagon changed its strategy and embraced ground-based defenses again, Cancian said, but he described that realization as taking place "probably belatedly."

Persons: —, cobbling, Mark Cancian, Cancian, NASAMS, it's Organizations: US, Service, NATO, US Marine Corps, Center for Strategic, International Studies, Business, Russia, AP, Pentagon, US Navy, AIM, Getty Locations: Ukraine, Russian, Kyiv, Russia, North Korea, Iraq, Ukrainian, Crimea, China

☆ 50 years of history tell you to buy gold when the Fed cuts rates, says Bernstein
▼ + stars: | 2024-01-31 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

The Federal Reserve is poised to cuts interest rates this year and history shows that has pushed up precious metal prices, according to Bernstein analyst Bob Brackett. Traders are already moderating expectations for rate cuts, though gold has held steady so far, Brackett said. Indeed, respondents to CNBC's recent Fed survey now anticipate the central bank will cut rates fewer times this year and start the cycle later. "In general, the anticipation of more rate cuts often lead to a positive sentiment on gold and mining equities, while the expectation of fewer rate cuts tends to be negative," Brackett said. "Gold in the long term is generally observed to benefit from rate cuts," the analyst said.

Persons: Bernstein, Bob Brackett, Brackett, Bernstein's, — CNBC's Michael Bloom Organizations: Federal, Fed, Traders Locations: U.S

Mark Robinson remained the top fundraiser in the GOP primary campaign for North Carolina governor entering 2024, but a recent rival has used his own personal fortune to compete with him monetarily. Political Cartoons View All 253 ImagesMorgan’s campaign report said it raised $119,300 during the second half of 2023 and had $32,100 in cash entering January. Graham's campaign finance report said it had $161,600 in cash starting the new year. He was sitting on almost $1.3 million in cash entering January, which came in large part from $1 million he loaned his campaign last June. Robinson, in turn, has attacked Graham in speeches about his lawsuits involving hog farm operations in eastern North Carolina.

Persons: Mark Robinson, monetarily, Bill Graham, Graham, Josh Stein’s, Mike Morgan, Roy Cooper, Stein, Josh Stein, Robinson, Donald Trump, Dale Folwell, — Gary Foxx, Marcus Williams, Chrelle Booker —, weren’t, Folwell, Sen, Thom Tillis Organizations: — Republican, Gov, GOP, North Carolina, State Board, Republican, Associated Press, Democratic, Current Democratic, Israel Locations: RALEIGH, N.C, North, Salisbury, North Carolina

☆ It's Nvidia's game to lose and it's not losing, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-01-30 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's Nvidia's game to lose and it's not losing, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein chip analyst, joins 'Closing Bell' to discuss AMD ahead of its earnings and the hype around AI in the semiconductor sector.

Persons: it's, Bernstein's Stacy Rasgon Stacy Rasgon, Bernstein Organizations: AMD

☆ No signs of an 'imminent' recession, says Richard Bernstein's Dan Suzuki
▼ + stars: | 2024-01-29 | 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 EmailNo signs of an 'imminent' recession, says Richard Bernstein's Dan SuzukiDan Suzuki, Richard Bernstein Advisors deputy CIO, joins 'Power Lunch' to talk the mid-day market action, the possibility of a recession, what to expect from this earnings cycle and more.

Persons: Richard Bernstein's Dan Suzuki Dan Suzuki, Richard Bernstein

☆ Lise Meitner helped discover nuclear fission but never won a Nobel Prize for her brilliance despite 49 nominations
▼ + stars: | 2024-01-28 | by ( Adam Barnes | ) www.businessinsider.com time to read: +7 min

In 1944, Hahn won a Nobel prize for the discovery. It led to the atomic bomb , nuclear power, and a Nobel Prize in 1944 for German chemist Otto Hahn. ullstein bild Dtl./Getty ImagesMeitner was well respected by other physicists — Einstein called her "our Marie Curie" — comparing her to the trail-blazing, two-time Nobel Prize winner. Left to right: Otto Hahn, Dr. Hartmann, Lise Meitner, Werner Heisenberg, and Theodor Heuss. AdvertisementOverlooked for the Nobel PrizeHahn was awarded the 1944 Nobel Prize in chemistry for the discovery of nuclear fission.

Persons: Lise Meitner, Otto Hahn, Hahn, Meitner, —, Hahn's, Marissa Moss, Meitner's, Moss, — Einstein, Marie Curie, Nazi Germany Meitner, Hartmann, Werner Heisenberg, Theodor Heuss, Hitler, " Moss, Fritz Strassman, Amanda Macias, Strassman, wasn't, Otto Frisch, Frisch, Strassmann, Enrico Fermi Organizations: Service, Business, Kaiser Wilhelm Institute, Physics Locations: Berlin, Austria, Nazi Germany, Germany, Sweden, Ba

☆ Analysts baffled by Tesla not giving an outlook, can't think of another big company not to do so
▼ + stars: | 2024-01-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Barclays analyst Dan Levy, for example, lowered his target on Tesla shares to $225 from $250, saying that a "cloudy path ahead reinforces some downside risk." Guggenheim left a sell rating and $132 price target in place. "We expect consensus estimates to come down on what will likely be interpreted as a cautious outlook with reduced visibility," wrote Citi's Itay Michaeli. Michaeli lowered Citi's Tesla price target to $224 from $255 a share, implying about 8% upside from Wednesday's close. The bank remains on the sidelines with a neutral rating on Tesla shares, awaiting a "more convincing entry point," he wrote.

Persons: Tesla, Morgan Stanley's Adam Jonas, Joseph Spak, Dan Levy, Wells Fargo's Colin Langan, Emmanuel Rosner, Guggenheim, Ronald Jewsikow, Bernstein's Toni Sacconaghi, Itay, Goldman Sachs, Mark Delaney, — CNBC's Michael Bloom Organizations: Wall Street, UBS, Barclays, Deutsche Bank, EV Locations: Wednesday's

NEW YORK (AP) — The New York Philharmonic will play excerpts of music from the Academy Award-nominated “Maestro,” on the life of former music director Leonard Bernstein, on Feb. 14. Bradley Cooper, the movie's star and director, will participate in a post-performance conversation at Lincoln Center's David Geffen Hall. Metropolitan Opera music director Yannick Nézet-Séguin, who coached Cooper for the movie and led music for the soundtrack, will conduct the performance in his New York Philharmonic debut and join the conversation, the orchestra said Wednesday. The program will include excerpts from "West Side Story,” “Candide," “On the Town,” “Trouble in Tahiti,” “A Quiet Place," “Chichester Psalms” and Bernstein's Symphony No. 3 “Kaddish.”“Maestro” was nominated for seven Oscars, including for best picture and best actor, for Cooper.

Persons: “ Maestro, ”, Leonard Bernstein, Bradley Cooper, Lincoln Center's David Geffen, Yannick Nézet, Cooper, “, Maestro ” Organizations: New York Philharmonic, Academy, Lincoln Center's David Geffen Hall, Metropolitan Opera, Associated Press Locations: Tahiti, “ Chichester

☆ Here's why Bernstein's Alex Chaloff is advising clients to revisit cash positions
▼ + stars: | 2024-01-24 | 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 EmailHere's why Bernstein's Alex Chaloff is advising clients to revisit cash positionsAlex Chaloff, Bernstein Private Wealth Management CIO, joins 'Money Movers' to discuss why investors should think about cash differently, the best place to put cash, and how investors should consider investing if they believe there will be a recession.

Persons: Alex Chaloff Organizations: Wealth Management

☆ 'Maestro' is obvious Oscars bait, but that doesn't make it a good movie
▼ + stars: | 2024-01-23 | by ( ) www.businessinsider.com time to read: +4 min

Directed by Bradley Cooper and starring Cooper and Carey Mulligan, "Maestro" is gunning for major awards. Here's why "Maestro" fails as Oscar bait. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . What I mean by that is that "Maestro," from the very jump, is aware of its own artistry and impact. Carey Mulligan as Felicia Montealegre and Bradley Cooper as Leonard Bernstein in "Maestro."

Persons: Bradley Cooper, Cooper, Carey Mulligan, gunning, Maestro, —, Leonard Bernstein, Felicia Montealegre, Bernstein, wistfully, Montealegre, it's, Mulligan, Oscar Organizations: Service, Netflix Locations: New York City

☆ NASA says the solar eclipse cutting from Texas to Maine in April 2024 will be way cooler than any before it. Here's why.
▼ + stars: | 2024-01-20 | by ( Jenny Mcgrath | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

If this sounds familiar, it's because in 2017, a 70-mile-wide band of the US saw a total solar eclipse, while many other areas saw a partial eclipse. But the total eclipse coming in April will be even cooler, excited NASA scientists told reporters at an American Geophysical Union meeting. Over 30 million people will be able to see the total solar eclipseA young woman looks through special eyewear to a solar eclipse. A map showing where the moon's shadow will cross the US during the 2023 annular solar eclipse (in yellow on the left) and 2024 total solar eclipse (in purple on the right). Sertac Kayar/ReutersThis will probably be the most observed total solar eclipse in history.

Persons: —, Kelly Korreck, Korreck, Huang Shan, Nour, Albert Einstein's, Sertac Kayar, It's Organizations: Service, Business, American Geophysical Union, NASA, Getty, Johns Hopkins University, Reuters Locations: planetariums, Atlanta, Charlotte, North Carolina, Mexico, Canada, Dallas, Cleveland, Indianapolis, Xiamen, Fujian Province, China, Diyarbakir, Turkey

☆ AMD's AI narrative overshadowed last years' misses, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-01-19 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAMD's AI narrative overshadowed last years' misses, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein, joins 'Fast Money' to talk the recent tech run and its impact on the AI and semiconductor sector.

Persons: Bernstein's Stacy Rasgon Stacy Rasgon, Bernstein

☆ BYD and more: AllianceBernstein names top Asian stock picks for the next 6 months, gives one over 60% upside
▼ + stars: | 2024-01-19 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +4 min

"We also believe the demand for memories will remain strong thanks to the growing demand for generative AI and more broadly for compute," the bank's analysts wrote. AllianceBernstein expects the share price of Samsung to hit 92,000 Korean Won ($68.44) in the next 12 months, giving it potential upside of 29.4%. "BYD's unparalleled cost structure and vertical integration of powertrain will enable it to achieve a dominant market share in this segment," the bank's analysts wrote. AllianceBernstein's target price of 334 Hong Kong dollars ($42.71) gives it around 61.5% upside. AllianceBernstein gave the giant a price target of $170, giving it around 33% upside.

Persons: Bernstein, Ann Larson, AllianceBernstein, Tesla, Holdings AllianceBernstein, PDD, — CNBC's Michael Bloom Organizations: Street, Samsung Electronics, SK Hynix The South, Samsung, Won, SK Hynix, Hong, Holdings, PDD Holdings Locations: Asia, China, Hong Kong

☆ The early winner in the bitcoin ETF race has raked in $1 billion
▼ + stars: | 2024-01-18 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

As Bernstein analyst Gautam Chhugani highlighted in a note to clients Thursday, BlackRock's iShares Bitcoin Trust (IBIT) has been an early winner among the spot bitcoin ETFs that were approved last week. However, the fund has seen about $1 billion in net outflows over the past week, according to FactSet. Even with the GBTC outflows, the spot bitcoin funds have still seen hundreds of millions of net inflows, according to FactSet. "GBTC at 150 bps fee vs. ~20bps fee for rest, would mean cheaper ETFs will continue to absorb GBTC outflows. In that context, $900m of net inflows remains impressive," Bernstein's Chhugani said in a note.

Persons: Bernstein, Gautam Chhugani, BlackRock's, Jay Jacobs, GBTC, Bernstein's Chhugani Organizations: IBIT, Fidelity Wise Locations: U.S, BlackRock

☆ Ukraine says one of its 'FrankenSAM' air-defense weapons just recorded its first kill
▼ + stars: | 2024-01-18 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +2 min

This story is available exclusively to Business Insider subscribers. In early December, the Pentagon announced technical assistance "to start local production of some of the FrankenSAM projects." Later that month Kamyshin announced that "FrankenSAM" systems were already in use on the front lines. Kamyshin did not mention what type of weapon was used in the strike, which Business Insider could not independently verify. AdvertisementInexpensive exploding drones have been central to Russia's strategy of bombarding key Ukrainian infrastructure, often forcing Ukraine to counter with more costly air defenses.

Persons: —, Oleksandr Kamyshin, Kamyshin, Volodymyr Zelenskyy, Erin Snodgrass Organizations: Service, Business, Economic, Suspilne, Pentagon, RIM, AIM, Soviet, Patriot, New York Times Locations: Ukraine, Russian, Davos, Switzerland

☆ Hezbollah Rejected US Overtures, Still Open to Diplomacy to Avoid Wider War
▼ + stars: | 2024-01-18 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +9 min

U.S. envoy Amos Hochstein has been leading a diplomatic outreach to restore security at the Israel-Lebanon frontier as the wider region teeters dangerously towards a major escalation of the conflict ignited by the Gaza war. Israel has also said it wants to avoid war, but both sides say they are ready to fight if necessary. Branded a terrorist organisation by Washington, Hezbollah has not been directly involved in talks, three Lebanese officials and a European diplomat said. Hezbollah has dismissed both ideas as unrealistic, the Lebanese officials and the diplomat said. Iran's foreign minister on Wednesday said attacks against Israel and its interests by the "Axis of Resistance" will stop if the Gaza war ends.

Persons: Laila Bassam, Maya Gebeily, Amos Hochstein, Hochstein, Israel, Spokespeople, Eylon Levy, Najib Mikati, Mikati, Hamas, Mohanad Hage Ali, Hage Ali, Sayyed Hassan Nasrallah, Nasrallah, Gebeily, Dan Williams, Tom Perry, Steve Holland, Edtiing, Frank Jack Daniel Organizations: U.S, Yemen's, Reuters, Hezbollah, Lebanese, Iran's, Guards, Carnegie Middle East Center Locations: Maya, Maya Gebeily BEIRUT, Iran, Israel, Lebanon, Gaza, Yemen's Iran, Red Sea, U.S, Lebanese, Beirut, Jan, Washington, European, Hochstein, United States, IRAN, Syria, Iraq, Tehran, France, Jerusalem

☆ Nvidia's product roadmap is evolving, says Bernstein's Stacy Rasgon
▼ + stars: | 2024-01-17 | 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 EmailNvidia's product roadmap is evolving, says Bernstein's Stacy RasgonStacy Rasgon, Bernstein senior analyst, joins 'Squawk on the Street' to discuss what's happening with AMD's stock right now, if other tech companies are closing the gap to Nvidia, and more.

Persons: Bernstein's Stacy Rasgon Stacy Rasgon, Bernstein Organizations: Nvidia

☆ Amazon earnings are going to beat expectations, says AllianceBernstein's Jim Tierney
▼ + stars: | 2024-01-17 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmazon earnings are going to beat expectations, says AllianceBernstein's Jim TierneyJim Tierney, AllianceBernstein CIO concentrated U.S. growth, joins 'Closing Bell' to discuss consumer trends and his picks in the consumer retail space.

Persons: Jim Tierney Jim Tierney

☆ Federal lawsuit accuses NY Knicks owner James Dolan, media mogul Harvey Weinstein of sexual assault
▼ + stars: | 2024-01-16 | by ( ) www.cnbc.com time to read: +5 min

A woman has alleged that New York Knicks owner James Dolan sexually assaulted her a decade ago and then set her up to be molested by now-imprisoned film producer Harvey Weinstein, according to a federal lawsuit filed Tuesday in Los Angeles. When the tour traveled to Los Angeles, Dolan flew Croft there even though almost no tour members signed up for massage appointments, the lawsuit states. When she told Dolan of the alleged attack, he neither seemed surprised nor offered to help her report the assault to police, she alleges. Croft alleges that Dolan knew about Weinstein's misconduct toward women and told her "we all know" that Weinstein "has problems." Weinstein is currently serving a 23-year sentence for a rape and sexual assault conviction in New York that is under appeal.

Persons: James Dolan, Harvey Weinstein, Kellye Croft, Dolan, Croft, Weinstein, Danya Perry, Perry, Adam Silver, Silver, Jane Doe, Mr, Jennifer Bonjean, Anucha Browne Sanders, Isiah Thomas . Dolan, Thomas, Browne Sanders, David Stern, Charles Oakley Organizations: New York Knicks, The Eagles, JD, Associated Press, Madison, Garden Sports Corp, Knicks, NHL's Rangers, NBA, Garden, longtime Knicks, Madison Square Garden Entertainment, MSG, New York's Arts, Cultural Affairs Locations: Los Angeles, New York, Italian, Madison

☆ Masseuse accuses New York Knicks owner Jim Dolan of sexually assaulting her and looking the other way when Harvey Weinstein did, too
▼ + stars: | 2024-01-16 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +8 min

"James Dolan manipulated me, brought me to California to abuse me, and then set me up for a vicious attack by Weinstein," Croft said. "Towards the end of the massage, Dolan pulled Ms. Croft towards him. "On each of these occasions, Dolan made unwelcome advances toward Ms. Croft, and she felt obligated to submit to sex with him." Croft told Dolan that she met Weinstein and that he was "sexually aggressive" with her, and Dolan did not "express any surprise at the news," the lawsuit says. Perry continued: "Mr. Dolan always believed Ms. Croft to be a good person and is surprised she would agree to these claims.

Persons: —, masseuse, Jim Dolan, Harvey Weinstein, Dolan, Weinstein, Kellye Croft, James Dolan, Croft, Croft's, Frank Franklin II, Weinstein —, ETIENNE LAURENT, Danya Perry, Perry, Mr, Douglas Wigdor, Wigdor, Jennifer Bonjean Organizations: Service, Business, Garden Entertainment Corp, New York Knicks, New York Rangers, Attorneys, Eagles, JD, Azoff Company, NBA, Toronto Raptors, AP, Getty Locations: Madison, California, Miami, Los Angeles, New York, Dolan's, Angeles

☆ Jeffrey Epstein's brother said the pedophile was 'just having a good time' when confronted by the financier's sex trafficking allegations
▼ + stars: | 2024-01-11 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

But when asked about the allegations against Jeffrey Epstein, he said he didn't want to speculate. AdvertisementMark Epstein, the brother of late financier Jeffrey Epstein, said the pedophile was "just having a good time" when asked about the wave of sex trafficking allegations against the latter. Authorities ruled that Jeffrey Epstein died by suicide in 2019 while in prison, a conclusion that Mark Epstein has repeatedly questioned and criticized. But when Vittert asked Mark Epstein to discuss the abuse and trafficking allegations against Jeffrey Epstein, the financier's brother demurred. Some were victims who filed lawsuits against Jeffrey Epstein and Maxwell or were members of his house staff.

Persons: Mark Epstein, Jeffrey Epstein, —, Epstein, Leland Vittert, Epstein's, Vittert, demurred, Jeffrey, Jeffrey Epstein's, Ghislaine Maxwell, Maxwell, Michael Jackson, David Copperfield Organizations: Service, Authorities, Business

☆ The Epstein story may not be the fantastical conspiracy of blackmail and murder that drew you in. But it is disgusting — and more common than you think.
▼ + stars: | 2024-01-10 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +13 min

In the end, the Jeffrey Epstein sex trafficking case caused international intrigue because of its ties to some of the wealthiest, most high-profile names in the world. AdvertisementBut, in the end, the story of Jeffrey Epstein and his entourage of accusers is not all that uncommon. Donald Trump, Melania Knauss, Jeffrey Epstein, and Ghislaine Maxwell pose together at Mar-a-Lago club, Palm Beach, Florida. Speaking generally, textbook sex trafficking victims have had to live most of their lives like this. Maybe Jeffrey Epstein was assassinated in his jail cell to keep the rich and powerful safe.

Persons: —, Jeffrey Epstein, Peter Nygard, Kelly, NXVIM, Jeffrey Epstein's, James, Gabriel Lopez Albarran, Epstein, Maura Healey, aren't, Stacey Gallagher, Gallager, Virginia Guiffre, Donald Trump, Melania Knauss, Ghislaine Maxwell, Jeffrey, Harvey Weinstein, Maxwell, they're, Michael Caine, Dave Benett, Jacob Shamsian, I've, Ghislaine Organizations: Service, Business, AP, Virgin Islands, vacationland, johns, Mar, Davidoff, FBI, Department of Justice Locations: Little St, Virgin, Cape, vacationland USA, Virginia, Palm Beach , Florida, Palm Beach, West Palm, British, Chelsea, London

☆ Alan Dershowitz called for the release of Epstein court documents. In them, Virginia Giuffre alleges they had sex at least 6 times.
▼ + stars: | 2024-01-10 | by ( Katherine Tangalakis-Lippert | Jacob Shamsian | Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +11 min

In her deposition, Giuffre claimed she and Dershowitz had sex at least 6 times as she was trafficked by Epstein. In the deposition, Giuffre alleges that she and Dershowitz were introduced while Jeffrey Epstein trafficked her as a teenager. To Dershowitz, 'the case is over'Since their settlement, Dershowitz has softened his public statements regarding Guiffre while maintaining his innocence regarding her allegations. When news that the related court documents would be unsealed, Dershowitz publicly called for the complete release of all related documents, claiming they'd prove his innocence. The unsealed deposition, Dershowitz told BI "shows the origin" of how he came to be "framed" for crimes against Guiffre.

Persons: Virginia, Alan Dershowitz, Dershowitz, they'll, Giuffre, Epstein, —, Jeffrey Epstein's, Virginia Roberts Giuffre, Jeffrey Epstein, Paul Cassell, Brad Edwards, Edwards, she'd, who's, Jeffrey, Guiffre, Cassell, Sarah Ransome, Ransome, Ransome didn't, countersued, Mr, they'd, I've, Jefferey Epstein, Virginia Giuffre, Sharon Churcher, Churcher, Alan, Prince Andrew ., Let's, She's Organizations: Service, Cassell, Harvard, Palm Beach Police, CIA, Trump, Clinton, Wikileaks, Daily, Guiffre, Daily Mail, JE Locations: Virginia, Guiffre

☆ Jeffrey Epstein accuser says in deposition she was forced to have sex with former Victoria's Secret CEO Les Wexner and that he had sex with minors
▼ + stars: | 2024-01-10 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Jeffrey Epstein accuser Virginia Guiffre said in court documents she was sex trafficked to Les Wexner on multiple occasions. She also said in a deposition that Wexner, who had hired Epstein as a financial advisor, had sex with minors. A spokesperson for Wexner denied the allegations and said Wexner knew nothing of Epstein's sex trafficking. AdvertisementJeffrey Epstein accuser Virginia Guiffre said she was trafficked to Les Wexner for sex on multiple occasions and that the billionaire also had sex with minors, according to a newly unsealed deposition. Related storiesWhen asked how many times she had sex with Wexner, Guiffre replied "multiple."

Persons: Jeffrey Epstein, Virginia Guiffre, Epstein, Wexner, —, Guiffre, Ghislaine Maxwell, Maxwell, Prince Andrew, Les Wexner, Guiffree, Brad Edwards, Wexner's, Edwards, Jacob Shamsian Organizations: Service, Business, Wexner, L Brands, Body Works Locations: Guiffre

☆ Jeffrey Epstein accuser Virginia Giuffre said she was trafficked to billionaire Glenn Dubin when his pregnant wife was asleep in the next room
▼ + stars: | 2024-01-10 | by ( Lauren Steussy | Michelle Mark | ) www.businessinsider.com time to read: +4 min

Epstein accuser Virginia Giuffre said Dubin had sex with her while his wife was sleeping nearby. A 2016 deposition in a Florida case involving attorney Alan Dershowitz was unsealed Tuesday, including questioning of Epstein accuser Virginia Giuffre. In the 2016 deposition, Dershowitz's attorney asked Giuffre whether Dubin was "the powerful business executive whose pregnant wife was asleep in the next room," to which Giuffre responded "Yes." Related storiesGiuffre was also asked whether she'd ever been trafficked to Glenn Dubin's wife Eva Andersson Dubin. The couple also have a daughter, Celina Dubin, whom Epstein previously joked about marrying, a source close to Epstein told Business Insider in 2019.

Persons: Glenn Dubin's, Jeffrey Epstein, Epstein, Virginia Giuffre, Dubin, —, Glenn Dubin, Alan Dershowitz, Ghislaine Maxwell, Giuffre, she'd, Eva Andersson Dubin, Eva Dubin, Johanna Sjoberg, Glenn, Sjoberg, Business Insider's, Celina Dubin, Jeff Organizations: Giuffre, Service, Business, Securities and Exchange Commission Locations: Dubin, Florida

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