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Gerald M. Levin, a “visionary” media executive, as he was often described, who became C.E.O. of the world’s largest media company, Time Warner, and an architect of its merger with America Online, widely considered the worst corporate marriage in American history, died on Wednesday. Mr. Levin had been diagnosed with Parkinson’s disease. Mr. Levin was Time Warner’s chief executive when he and his counterpart at AOL at the time, Steve Case, devised what was then the largest business merger in U.S. history. Instead, it became shorthand for the excesses of the turn-of-the-century dot-com bubble and the era of so-called synergy.
Persons: Gerald M, Levin, Time Warner, Jake Maia Arlow, Mr, Levin’s, Steve Case, Warner, Henry Luce, Jack Warner Organizations: Time, America Online, AOL, Jan, America, American, Hollywood Locations: Long Beach, Calif, Virginia
There was no breach of government networks or data stolen in the cyberattack, according to the office of Republican Gov. “We’ve seen waves of attacks against numerous targets, including the State of Alabama,” Richard Hummel, senior threat intelligence manager at cybersecurity firm Netscout, told CNN. The attacks against Alabama government websites typically lasted five to 10 minutes, Hummel said. More than 2,200 US hospitals, schools and governments were “directly impacted” by ransomware last year, according to a tally from cybersecurity firm Emsisoft. DDoS attacks can also cause disruptions to the local communities that rely on school, hospital and election websites for information, Hummel said.
Persons: , Jeremy Ward, Kay Ivey, Sergeant LaQuitta Wade, Gerald Auger, ” Auger, “ You’re, , ” Richard Hummel, Netscout, Hummel, ransomware Organizations: Washington, Atlanta CNN, Alabama’s, Information Technology, CNN, Republican Gov, Public, Birmingham Police Department, Public Information, Coastal Information Security, Agency, State of, Alabama Locations: Atlanta, Birmingham, City, Alabama, Sudan, , State of Alabama
But here’s something that hasn’t changed much: the pace at which car insurance rates are rising. Car insurance rates are up almost 21% for the 12 months ended in February, according to new Consumer Price Index data released Tuesday. The last time car insurance rates rose that much on an annual basis was 1976, not counting January, which saw the same annual rate increases. The rise in car insurance rates alone contributed half a percentage point to the overall 3.2% inflation rate last month. Meanwhile, drivers in North Carolina saw the smallest bump in car insurance rates, up just 5.5% over that same timeframe.
Persons: Gerald Ford, Steve Jobs, Steve Wozniak, hasn’t, it’s, Tim Zawacki, Zawacki, , Robert Passmore, , ” Zawacki Organizations: New, New York CNN, Apple, P Global Market Intelligence, CNN, National, LexisNexis, Casualty Insurance Association, Silver State Locations: New York, Nevada, Wyoming, Silver, North Carolina
DETROIT – General Motors' long-time head of manufacturing is retiring, and the company has hired a former Tesla and Google executive to fill his shoes. The Detroit automaker said on Tuesday that Gerald Johnson, executive vice president of Global Manufacturing and Sustainability, will pass the baton to Jens Peter "JP" Clausen, a former executive with Tesla, Lego and, most recently, Google. Johnson's departure isn't unexpected after a 44-year tenure with the automaker, however GM also announced another more surprising departure on Tuesday: that of Mike Abbott, executive vice president of software and services. Baris Cetinok, current vice president of product in software and services, has been named Abbott's interim replacement while a search is conducted. The company's board members include former Tesla President of Global Sales and Service Jon McNeill.
Persons: Gerald Johnson, Jens Peter, JP, Clausen, Johnson, Mike Abbott, Abbott, Baris Cetinok, Elon Musk, JB Straubel, Tesla's, Tesla, Gingko Bioworks, Jon McNeill Organizations: Motors, Global Manufacturing, Labor, DETROIT –, Google, Detroit, Sustainability, GM, Apple, Tesla, Softbank, company's, Technology, Global Sales Locations: Warren , Michigan, DETROIT, Nevada, Reno, Zymergen
Kirschenbaum, who turns 101 in August, told Business Insider that the unusual situation was somewhat typical of life as a centenarian. This story is available exclusively to Business Insider subscribers. AdvertisementDevelop a sense of humorThe centenarian said she had a dark — and often self-deprecating — sense of humor that has smoothed her path through life. She recently went to India — for the second time. Do you have a powerful story to share with Business Insider?
Persons: , Mildred Kirschenbaum, Kirschenbaum, Gayle Kirschenbaum, Gerald, Gayle, Kirshenbaum, I've Organizations: Service, Business Locations: New York, Manhattan, Florida, India, Mexico
A longtime Democratic stronghold and home to the city of Atlanta, Fulton County will present an uphill challenge for Kramer, a vocal Trump supporter. I’m very passionate about making sure the citizens of Fulton County feel confident in their DA,” he added. He lost the primary to Willis and former District Attorney Paul Howard, whom he later endorsed in a runoff. Asked if he believes that Willis has the support of Fulton County after her testimony, Dickens told CNN: “Yes. In that case, like she’s attempting to do with Trump and his allies, Willis used the racketeering statute as a tool to build a broad conspiracy case.
Persons: Fani Willis, Donald Trump, Christian Wise Smith, Willis, Courtney Kramer, Kramer, Trump, Joe Biden, Nathan Wade, Wise Smith, , , Smith, Paul Howard, Atlanta Mayor Andre Dickens, Dickens, Willis ’, it’s, It’s Donald Trump, ” Dickens, Atlanta Mayor Shirley Franklin, Charlie Bailey, Reginald Jackson, Gerald Griggs, Griggs, “ I’m, ” Willis, Young Thug Organizations: CNN, Fulton, White, Trump, Democratic, DA, Georgia Democrats, Atlanta Mayor, Democrat, City Hall, AME, Georgia NAACP Locations: Fulton County, Georgia, Atlanta, of Atlanta
It’s crowded and overlit, thanks to a high-wattage vanity mirror situated near a 1970s-era mini sink. “Quirky” is a word that turns up in articles about her, and quirky is rarely a mass-market trait. In 2004, it was adapted into a film starring Ryan Gosling and Rachel McAdams, and its feverishly passionate dialogue (“It wasn’t over. It still isn’t over!” Gosling shouts, in the middle of a rainstorm.) Wielding a double-barreled shotgun in his review for The New York Times, the critic Stephen Holden dismissed Sparks’s book as “treacly” and called the film “a high-toned cinematic greeting card.”
Persons: Gerald Schoenfeld, Ingrid Michaelson, , , “ There’s, Michaelson, Dolly Parton, Cyndi Lauper, Sara Bareilles — Michaelson, Nicholas Sparks’s, Ryan Gosling, Rachel McAdams, ” Gosling, Stephen Holden, Sparks’s Organizations: The New York Times
CNN —Attendance capacity at the Paris 2024 Olympic Games’ Opening Ceremony – the first to be held along a river – will be halved due to security reasons, French Interior Minister Gérald Darmanin said Tuesday in an interview with French broadcaster France 2. French officials had boasted for years that some 600,000 people would be able to attend the Opening Ceremony. Jacques Demarthon/AFP/Getty ImagesHosting the ceremony outside a traditional stadium was central to the organizers’ vision of a more inclusive Olympic Games. An “anti-terrorist security perimeter” will be put in place in the days leading up to the Opening Ceremony around the Seine, with public access limited, he added. ET) – on the evening of the Opening Ceremony to prevent any disruption to the event, Darmanin added.
Persons: Gérald Darmanin, Darmanin, Alexander, Jacques Demarthon Organizations: CNN, Paris, France, Olympic, Paralympic Games, Getty, Stade de France, Qatar Locations: Paris, AFP
Opinion: Bad omens for Trump
  + stars: | 2024-03-06 | by ( Opinion David Mark | ) edition.cnn.com   time to read: +9 min
CNN —Former President Donald Trump is the closest thing in modern political history to an incumbent who doesn’t hold the office. But these considerable advantages also raise questions about his general election chances given his inability to completely win over Republican primary voters. Despite effectively clinching the Republican nomination with a near-sweep of Super Tuesday states, Trump couldn’t escape the shadow cast by former South Carolina Gov. Haley dropped out Wednesday after consistently winning 30% or so of the GOP primary vote in the states she competed in. Undoubtedly some of the Republican voters who backed Haley in the primaries and caucuses will return to the Trump fold in November, maybe even a majority.
Persons: David Mark, , Donald Trump, doesn’t, Trump, Nikki Haley, Haley, Joe Biden, haven’t, Pat Buchanan, George H.W, Bush, Pat Sullivan, Buchanan, Bill Clinton, Ross Perot, Massachusetts Sen, Ted Kennedy, Jimmy Carter, Kennedy, Carter, Ronald Reagan, Joan, Wally McNamee, Corbis, Reagan, Gerald Ford, Richard Nixon, Ford, Owen Franken, Lyndon Johnson, Johnson, Sen, Eugene McCarthy, Hubert Humphrey, Nixon, Biden, Hillary Clinton, they’re, McCarthy, Dean Phillips, Marianne Williamson, , Israel –, Philips, doesn’t bode Organizations: Washington, CNN, Trump, Republican, South Carolina Gov, GOP, United Nations, Evangelical Pastors, GOP White House, Republican Party, Democratic, Electoral, New Hampshire Democratic, Biden, Rep, Dean Phillips of Minnesota, Twitter, Facebook, Hamas, Israel Locations: Arizona , Georgia, Michigan, Nevada , New Hampshire , Pennsylvania, Wisconsin, Trump, Bedford , New Hampshire, Massachusetts, California, Boston, . Indiana, Minnesota, Vietnam, North Carolina, Virginia, Gaza
He seems to have been a very good father, but his political worldview was predicated on a deep pessimism. The Republican Party in the 1920s, ’30s and early ’40s was steeped in pessimism, and that pessimism showed up as it often does: as nativism, isolationism and protectionism. As World War II loomed, Senator Gerald Nye urged the passage of several neutrality acts to keep us from exporting arms to warring nations and opposed Lend-Lease to Britain. That version of the Republican Party ended in 1952, when Dwight Eisenhower defeated Taft for the Republican presidential nomination. Howard Buffett was so dismayed by the outcome that he refused to endorse Ike, his party leader.
Persons: I’ve, Warren Buffett’s, Howard Buffett, Franklin Roosevelt, George Marshall, Buffett, Johnson, Gerald Nye, Robert Taft, Dwight Eisenhower, Taft, Ike Organizations: Democrats, Republican Party, Reed, Lease, United States, Marshall Plan, NATO, World Bank, Republican, John Birch Society Locations: Nebraska, United States, Britain, America
CNN —A Marine rapid response force is expected to leave the eastern Mediterranean Sea in the coming weeks and return to the United States, according to two defense officials, in a significant reduction of US forces in the region. The Marine rapid response force first deployed in July and was sent to the region in October. It had previously been extended to remain in the eastern Mediterranean Sea, as CNN reported. The US has maintained an aircraft carrier or amphibious assault ship in the eastern Mediterranean Sea since shortly after the October 7 attacks in Israel. The Ford carrier strike group, which had been extended several times, left the eastern Mediterranean Sea in early-January, replaced by the Bataan amphibious ready group and the Marine rapid response force.
Persons: , hasn’t, , Sabrina Singh, Dwight D, Lloyd Austin, Gerald R Organizations: CNN, 26th Marine Expeditionary Unit, Pentagon, Marines, MEU, Eisenhower, Red Sea, Navy, Ford, US, Bataan Locations: United States, Bataan, Gaza, Israel, Lebanon, Iraq, Syria, Jordan, Red, Yemen, Gulf, Oman, Lebanese
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFood is taking a lot of the consumer dollar right now, says Fmr. Toys R Us CEOGerald Storch, Fmr. Toys 'R Us CEO, joins 'Closing Bell Overtime' to talk retail earnings and the state of the consumer.
Persons: Gerald Storch, Fmr
A new video shows the testing of the aircraft launch system for the Navy's new supercarrier. The USS John F. Kennedy is the Navy's second Ford-class aircraft carrier. Our #NewportNewsShipbuilding division has started topside #EMALS testing on the aircraft carrier John F. Kennedy (#CVN79). A T-45C Goshawk training aircraft attached to Training Air Wing (TAW) 1, lands aboard the aircraft carrier USS Gerald R. Ford (CVN 78) during flight operations, Sept. 12, 2020. AdvertisementIn addition to the Kennedy, two other Ford-class aircraft carriers, the Enterprise and the Doris Miller, are currently under construction at Newport News.
Persons: USS John F, Kennedy, , James, John F, 9n3OhRDXAd, HII, Gerald R, Seaman Anton Wendler, Ford, Doris Miller Organizations: USS, Ford, aircraft, Service, Hornets, Huntington Ingalls Industries, Newport News Shipbuilding, US Navy, Training Air, U.S . Navy, Communication, Navy, Enterprise, Newport News Locations: Virginia
Read previewVoyager was one of NASA's most ambitious missions, and Jupiter is arguably our solar system's most beautiful planet. Jupiter as seen by Voyager 1 (left) is far less detailed than this enhanced imaged of Jupiter captured by Juno. NASA / JPL; NASA/JPL-Caltech/SwRI/MSSS/Rita Najm © (CC BY)The planet's iconic Great Red Spot is an anticyclone large enough to swallow Earth. Juno captured this close-up of Jupiter's Great Red Spot (right) in sharper detail than Voyager 1 did (left). Jupiter's reddish-orange South Temperate Belt, with the Great Red Spot, the most dominant atmospheric feature in the planet's southern hemisphere.
Persons: , Bradford Smith, NASA Voyager, Tanya Oleksuik, Rita Najm, Gerald Eichstädt, Seán Doran Juno, Alain Mirón Velázquez, Kevin M, Gill, Navaneeth Krishnan Organizations: Service, NASA, Business, JPL, Juno, Caltech, Space Locations: Jupiter
AdvertisementInterstellar travel is only something humanity has achieved in science fiction — like Star Trek's USS Enterprise, which used antimatter engines to travel across star systems. "Annihilation of antimatter and matter converts mass directly into energy," Weed, cofounder and CEO of Positron Dynamics, a company working to develop an antimatter propulsion system, told Business Insider. Space travel at record speedProxima's star system, shown here, could be reached in just five years with antimatter-powered technology. For example, let's take a trip to our nearest star system, Proxima, about 4.2 light years away. And since the '80s, there's been talk of thermal antimatter engines, which would use antimatter to heat liquid, gas, or plasma to provide thrust.
Persons: Elon Musk, Ryan Weed, Weed, Brice, Maximilien, Gerald Jackson, Forbes, It's, Jackson, he's, Eugen Sänger, there's, Paul M, Sutter, Steve Howe, Howe Organizations: Enterprise, Dynamics, Southern, NASA, CERN, Fermilab, Hbar Technologies, Space, Alpha Locations: Switzerland, Austrian
"Feud" season two shows a softer side to Truman Capote through an unconventional relationship. In reality, however, Capote and O'Shea — whom Capote remodeled into Katy Harrington — began their relationship under slightly different circumstances. AdvertisementTruman Capote treated Katy Harrington as his adoptive daughter and protégéKate Harrington and Truman Capote in 1977. AdvertisementKate Harrington talking to Gloria Swanson at a Studio 54 party in 1978, while Truman Capote rests in between them. After Capote's death, Harrington named her daughter after the authorFollowing Capote's death in 1984, Harrington moved away from modeling and established herself as a stylist and producer.
Persons: Truman, Capote, Kate Harrington, , Ryan Murphy's, Truman Capote, Tom Hollander, Kerry O'Shea, Ella Beatty, John O'Shea, Russell Tovey, Kerry, what's, O'Shea, O'Shea —, Katy Harrington —, Harrington, Katy Harrington, protégé Kate Harrington, Ron Galella, Harrington's, Capote —, Wilhelmina Cooper's, Kate, Gerald Clarke, Richard Avedon, Gloria Swanson, Ryan O'Neal, Oscar, Tatum O'Neal, Ryan, Diana Vreeland, John McTiernan, Daniel Boczarski Organizations: Service, The Telegraph, New, UN, New York Magazine, Vogue Locations: Manhattan, New York, New, Toronto, Sheridan , Wyoming, Santa Fe , New Mexico
Russia's President Vladimir Putin and Chinese President Xi Jinping shake hands during a meeting in Beijing on October 18, 2023. The provisions would mark the first direct penalties against Beijing despite long-held Western suspicions over its support for Russia's military operations. So I would hope China would calculate carefully that there are consequences around the corner for supporting Russia's violence and depravity in Ukraine." Asked whether the U.S. is considering similar sanctions on China as those proposed by the EU, U.S. A separate January report found that China has become key conduit in funnelling critical Western tech into Russia.
Persons: Vladimir Putin, Xi Jinping, Sergei Guneyev, Gerald Connolly, CNBC's Silvia Amaro, Connolly, Ben Cardin, Biden, Josep Borrell, Alexei Navalny Organizations: Afp, Getty, Congress, CNBC, Democratic, U.S . House, Foreign Relations, European Union, Beijing, Saturday, Munich Security, EU, U.S, Russia, U.S . National Security Council Locations: Beijing, Munich, GERMANY, The U.S, Russia, Ukraine, China, Washington, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe same kind of sanctions in place in Russia can also be applied to China, U.S. congressman warnsGerald Connolly, member of the U.S. House Committee on Foreign Relations, outlines the sanction risks to China if it potentially assists Russia with its war in Ukraine.
Persons: Gerald Connolly Organizations: U.S . House, Foreign Relations Locations: Russia, China, U.S, Ukraine
SAVANNAH, Ga. (AP) — Michael Thurmond thought he was reading familiar history at the burial place of Georgia's colonial founder. The son of a sharecropper and great-grandson of a Georgia slave, Thurmond became an attorney and has served for decades in state and local government. Historians have widely agreed Oglethorpe and his fellow Georgia trustees didn’t ban slavery because it was cruel to Black people. Escaped slaves captured in Oglethorpe’s Georgia were returned to slaveholders. Thurmond's book openly embraces such evidence that Oglethorpe's history with slavery was at times contradictory and unflattering.
Persons: — Michael Thurmond, James Edward Oglethorpe, ” Oglethorpe, Thurmond, Oglethorpe, ” Thurmond, , “ James Oglethorpe, Father, Georgia, Stan Deaton, Britain's, , Gerald Horne, Horne, Thurmond's, James F, Brooks, ” Brooks, — Ayuba Suleiman Diallo, Olaudah Equiano, Granville Sharp, Hannah More, Sharp Organizations: University of Georgia Press, Georgia Historical Society, , Royal African Company, America, University of Houston, University of Georgia, Society, Slave Locations: SAVANNAH, Ga, Georgia, London, Black, British, Oglethorpe, DeKalb County, Atlanta, Parliament, England, America, New York, Boston, South Carolina, Spanish Florida, Virginia, Savannah, Oglethorpe’s Georgia, Africa, U.S
Located close to the impoverished Comoro islands off the East African coast, the former French colony has become the centre of fierce social unrest, with many residents blaming undocumented immigration for the deteriorating conditions. Much poorer than mainland France, Mayotte has been shaken by gang violence and social unrest for decades. Since January, island residents have been staging strikes and erecting roadblocks to protest against what they say are unacceptable living conditions, paralyzing large parts of local infrastructure. It comes less than three weeks after France's highest court scrapped large parts of a new immigration law designed to toughen access to welfare benefits for foreigners and curb the number of new arrivals into the country. Immigration is a hot-button issue in France, one of Europe's strongholds for far right anti-immigration parties.
Persons: Gerald Darmanin, Darmanin, Emmanuel Macron, Tassilo Hummel, Sophie Louet, Bernadette Baum Organizations: PARIS Locations: Mayotte, Madagascar, France, Republic
Nothing about Las Vegas is measured in moderation. The fluorescent buildings are towering and intentionally bright. Around casino floors, at pool parties and on the Vegas Strip, throngs of tourists daily play chicken with their alcohol tolerance levels and credit card limits. With the Super Bowl, the country’s biggest annual sporting event, happening in the desert city on Sunday, the crowds (an estimated 450,000 visitors) and parties are expected to get even bigger and livelier. But it’s not just the hotels and casinos that’ll be bustling in the days leading up to the big game, between the San Francisco 49ers and the defending champion Kansas City Chiefs: Around 1,000 private planes are expected at Las Vegas area airports.
Persons: it’s, , Benjamin Leffel Organizations: Vegas, San Francisco 49ers, Kansas City Chiefs, University of Nevada Locations: Las Vegas
King Charles and Queen Camilla are seen leaving Clarence House in London on February 6, the day after it was announced King Charles had been diagnosed with cancer. But Queen Elizabeth and King Charles, they do not want to become the story, they still want to serve their public. In the fullness of time, I would like to think King Charles will talk about his treatment.”Britain's King Charles III poses for a portrait in Buckingham Palace's Throne Room after his official coronation in May 2023. From left are Camilla, Duchess of Cornwall; Prince Charles; Queen Elizabeth II; Prince Philip; Prince William; and Catherine, Duchess of Cambridge. From left are Prince Charles; the Queen; Prince Louis; Catherine, the Duchess of Cambridge; and Princess Charlotte.
Persons: London CNN — Britain’s King Charles III, Buckingham, Charles, King Charles, Queen Camilla, Clarence, Toby Melville, King, Rishi Sunak, Sunak, , Sunak’s, Charles ’, Chris Jackson, , Kate Williams, Joe Biden, Matthew Chattle, survivorship, “ Jill, “ You’re, Anil Rustgi, Herbert, ” Rustgi, Sally Bedell Smith, George VI, ” King George VI, Prince Charles, Prince Harry, Emily Nash, It’s, Princes William, Harry, Andrew, Edward, Anne, Beatrice, Nash, Princess, Wales, She’s, hasn’t, Catherine, ” Williams, Kristina Kyriacou, ITV’s, They’ve, Kyriacou, she’d, Queen Elizabeth, ” Britain's King Charles III, Hugo Burnand, Princess Elizabeth, Elizabeth, Prince Philip, Prince Charles and Princess Anne, Eddie Worth, Margaret, Hulton, Sir Gerald Creasy, Paul Popper, Princess Margaret, Queen Elizabeth II, Prince, Popperfoto, Prince Edward, Princess Anne, Richard Nixon, William Lovelace, Serge Lemoine, David McFall, Anwar Hussein, Tim Graham, Camilla Parker Bowles, Lady Diana Spencer, Princess Diana, William, Diana, David Levenson, Johnny Eggitt, Nelson Mandela, David Thomson, Princess Diana's, Jayne Fincher, Thomas Coex, Adrian Dennis, Chris Ison, Prince of, Camilla, Matt Dunham, Prince William, Kate Middleton, James Devaney, FilmMagic, Andrew Milligan, Barack Obama, Chris Radburn, Duchess of Cornwall, Catherine , Duchess of Cambridge, Dominic Lipinski, Alessandro Bianchi, Mohd Rasfana, Andrew Parsons, Prince Charles , Prince Andrew, Duchess Camilla, Meghan Markle, Jonathan Brady, Max Mumby, He's, Prince George, Princess Charlotte, Prince Louis, Meghan, PoolAP Charles, Tim P, Paul Chiasson, Ben Stansall, Duchess, Cambridge, Hannah McKay, Reuters Charles, Liz Truss, Yui Mok, Queen Consort, Victoria Jones, Volodymyr Zelensky, Zelensky, Aaron Chown, Handout, Dan Kitwood, Andrew Matthews, Sarah Tilotta, Toby Hancock, CNN Charles, Giles, Jane Barlow, Emmanuel Macron, Benoit Tessier, Peter Nicholls, Britain's King Charles III, Estelle Paranque Organizations: London CNN, Clarence House, Reuters, CNN, BBC, British, Getty, Royal, Publishing, Macmillan Cancer, Cancer Research, Herbert Irving Comprehensive Cancer, Presbyterian, Columbia University Irving Medical Center, Topical Press Agency, Royals, CNN’s Royal, Buckingham Palace, Central Press, Hulton, Hulton Deutsch, Westminster Abbey, Keystone, Royal Navy, Queen, Trinity College , Cambridge, Bettmann, Hulton Royals, Cheshire Regiment, Spice, Westminster Hall, Royal Horticultural Society's, Chelsea, London Palladium, BBC Scotland's, Office, Zephyr, Army Air Corps, Sandringham, Royal Air Force, Whitby, Imperial State Crown, Royal Military Academy Sandhurst, Cathedral, Scotland, King, London Clinic, Northeastern University London Locations: London, British, Dubai, United Arab Emirates, Buckingham Palace, United Kingdom, NewYork, Queen, Windsor, Wales, Buckingham, Malta, Westminster, France, Washington, Kenya, West Berlin, Canada, Cirencester, England, Canterbury, India, Manchester, Papua New Guinea, Toronto, AFP, Balmoral, Balmoral , Scotland, Paris, Ashbourne, Ranville, Prince of Wales, Amatrice, Borneo, St, John's, Newfoundland, Labrador, Nyamata, Rwanda, St James's, Hamburg, Germany, Edward's, Edinburgh, Scotland, of Versailles, Versailles
A man already charged with insider trading related to a shell company's planned merger with Donald Trump's social media firm was hit with a new money laundering count in Manhattan federal court. The new indictment details two money transfers Shvartsman conducted after netting a profit of about $18.2 million from selling Digital World Acquisition Corp . Shvartsman, his brother Gerald Shvartsman and Bruce Garelick were indicted in June on securites fraud charges related to their sale of DWAC securities in fall 2021 and other conduct. The trio of investors allegedly bought DWAC securities after learning on a confidential basis that the so-called special purpose acquisition company was eyeing a merger with Trump Media and Technology Group. TMTG includes the social media platform Truth Social, which is one of the former president's favorite methods for communicating with supporters online.
Persons: Michael Shvartsman, Donald Trump's, Shvartsman, Gerald Shvartsman, Bruce Garelick, DWAC Organizations: Federal, Corp, Trump Media, Technology Group, TMTG, Prosecutors Locations: New York, Manhattan
China touted the capabilities of its latest aircraft carrier just as a British vessel suffered an embarrassing malfunction that caused it to pull out of NATO exercises. Chinese state broadcasters recently devoted considerable airtime to discussing the Fujian, the aircraft carrier it launched in 2022, Newsweek reported. It came as the Royal Navy announced that its flagship aircraft carrier, the HMS Queen Elizabeth, had issues with a propeller shaft, meaning it had to withdraw from NATO's upcoming exercises. It is also stretching its naval capabilities by providing protection to vessels in the Red Sea targeted by Houthi rebels . And, quite simply, the Royal Navy doesn't have enough ships, particularly destroyers and frigates, he said.
Persons: HMS, Elizabeth, , Wu Qian, Cao Weidong, Gerald R, Ford, Lord West, Prince Organizations: NATO, Newsweek, Royal Navy, Liberation Army, Popular Mechanics, Elizabeth British Royal Navy, US Naval Institute, Business, UK's Royal Locations: China, British, Fujian, East Asia, , Taiwan, Elizabeth British Royal Navy China, Wales
U.S. import and export data shows that the majority of the country's trade is on foreign-flagged vessels. The Congressional calls to consider prioritizing U.S.-flagged vessels come at a time when the Iranian-backed Houthis continue to attack shipping in the Red Sea. Other nations, including U.S. ally France, have already declared their priority is to escort French-linked vessels after facing nationalistic pressure. "It could also be argued that directing military action to defend U.S. commercial shipping is within this power. However, most vessels transiting through the Red Sea are not U.S. ships, which raises questions about the extent to which these authorities can be exercised," they wrote.
Persons: Gerald R, Dwight D, Eisenhower, Mohammed Al, , Biden's, Charles, Bud, Darr, Salud Carbajal, Hapag Lloyd, Carbajal's, Tim Kaine, Todd Young, Chris Murphy, Mike Lee Organizations: United States, Ford, Anadolu, Getty, Capitol, U.S, MDS Transmodal, Congressional, Gaza, Senate Foreign Relations, White House, Representatives, MSC, U.S . Navy, Maersk, White, Senate Armed Services, Foreign Relations, Senate, Relations, Counterterrorism Locations: Red, U.S, Iranian, Iran, France, Marshall, United States, East, South Asia, Central Asia
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