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☆ 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

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☆ 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

☆ ‘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

☆ 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

☆ Judge considers revoking guilty plea of FTX executive Ryan Salame, accusing him of lying under oath
▼ + stars: | 2024-09-12 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

US District Judge Lewis Kaplan scheduled the hearing after Ryan Salame, a former executive of Alameda Research and FTX Digital Markets, tried to withdraw his guilty plea. Salame said prosecutors broke a promise to him by later indicting his romantic partner, Michelle Bond — a claim that prosecutors vigorously disputed. Instead, Kaplan grilled Salame under oath for over 30 minutes in his Manhattan courtroom Thursday morning, accusing him of misrepresenting the plea negotiations. That left Kaplan in a bind: Either Salame lied in his plea hearing, throwing the plea into doubt. Bond would not be pursued if I plead guilty," Salame said.

Persons: —, who's, Lewis Kaplan, Ryan Salame, Salame, Michelle Bond, Kaplan, Sam Bankman, Salame didn't, Bond, FTX, Mary Altaffer, wasn't, Danielle Sassoon, Christopher Bartolomucci, he'll, Salame's Organizations: Service, Alameda Research, FTX, Markets, Business, Prosecutors, AP, US, Office, Southern, of Locations: Manhattan, Alameda, of New York

☆ A real-estate investor who started with condos explains why they're ideal for beginners — and why he eventually sold to 'graduate' to a different property type
▼ + stars: | 2024-09-12 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +1 min

He sold his three condos in 2024 to invest in either commercial deals or build affordable housing. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Let me try renting it,'" the New Jersey-based investor told Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: Steve Lewis, —, I'd Organizations: Service, Business Locations: New Jersey

☆ Patrick Mahomes says he won't endorse Trump or Harris
▼ + stars: | 2024-09-12 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

"I want to thank beautiful Brittany Mahomes for so strongly defending me," Trump wrote in a Truth Social post on September 4. And on Wednesday, Trump called Brittany Mahomes a "big MAGA fan" during an interview with the Fox News' morning show, "'Fox & Friends." I was not a Taylor Swift fan," Trump said on Wednesday. Trump reacts to Taylor Swift endorsing Kamala Harris: "Well, I actually like Mrs. Mahomes much better ... I was not a Taylor Swift fan ... she'll probably pay a price for it in the marketplace."

Persons: —, Patrick Mahomes, I've, Mahomes, It's, Donald Trump, Brittany Mahomes hasn't, Trump, hasn't, Brittany Mahomes, Brittany, Taylor Swift's, Kamala Harris, Taylor Swift, Taylor, she'll, J9Nk56nhEB — philip lewis, Swift, Travis Kelce, Harris didn't Organizations: Service, Kansas City Chiefs, Business, Fox News, Fox &, Chiefs, Representatives, Trump Locations: Brittany

☆ Former FTX exec Ryan Salame returns to court after waffling on guilty plea
▼ + stars: | 2024-09-12 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +2 min

Ryan Salame, the former co-chief executive of FTX Digital Markets, exits the Federal Court after sentencing in New York City, U.S., May 28, 2024. Former FTX executive Ryan Salame is back in court on Thursday, as Judge Lewis Kaplan looks for answers about the back-room dealings that led to Salame's criminal plea deal, which resulted in a 7.5-year prison sentence. Bond, who was previously a lawyer with the SEC, was indicted in August on campaign finance charges tied to her unsuccessful run for Congress in 2022. The four-count indictment against Bond was unsealed a day after Salame, the father of their nine-month-old child, asked Kaplan to void his plea. But Salame quickly reversed course, submitting a motion to the court within days to withdraw the petition to vacate his guilty verdict.

Persons: Ryan Salame, Lewis Kaplan, Sam Bankman, Kaplan, Salame, Michelle Bond, Bond, Fried Organizations: FTX, Salame, Manhattan U.S, Attorney's, SEC, Prosecutors Locations: New York City, U.S, Salame's

☆ "The Big Short" author Michael Lewis on the 2024 election, government efficiency
▼ + stars: | 2024-09-12 | 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 Email"The Big Short" author Michael Lewis on the 2024 election, government efficiencyMichael Lewis, best-selling author of ‘The Big Short’ and ‘Moneyball’, joins 'Squawk Box' to discuss Lewis' thoughts on CNBC's recent interview with Senator JD Vance, how much efficiency there is to ring out of the government, and more.

Persons: Michael Lewis, ‘, Moneyball, Lewis, JD Vance

☆ How Lauren Chen went from ‘alt-lite’ YouTuber to alleged Russian asset
▼ + stars: | 2024-09-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Brandy-Zadrozny-Circle-Byline-Template.Jpg | Brandy Zadrozny | ) www.nbcnews.com time to read: +10 min

The DOJ did not name Tenet Media but NBC News identified the company based on its description in the indictment. Unlike the influencers alleged to have been victims of RT and Tenet Media, who denied knowing they were working for Russia, Chen has said nothing since the indictment made news. “By connecting to and interacting with one another through YouTube videos, influencers with mainstream audiences lend their credibility to openly white nationalist and other extremist content creators,” Lewis wrote. Following the unsealing of the indictment, TheBlaze fired Chen and Turning Point USA removed her author page from its website. YouTube terminated all four of Chen’s pages, erasing thousands of videos and nearly a decade of work, including the channel for Tenet Media.

Persons: Lauren Chen, Chen, Liam Donovan, Candace, Jason Davis, Dave Rubin, Tim Pool, Benny Johnson, Lauren Southern, — Chen, “, Michael Knowles gushed, Richard Spencer, ” Knowles, Tenet, Milo Yiannopoulos, ” Yiannopoulos, she’s, Yiannopoulos, Spencer, Rebecca Lewis, Ben Shapiro, Lewis ’, ” Lewis, Evie, Mark Levin, Michelle Malkin, Glenn Beck’s TheBlaze, TheBlaze, ”, Fuentes’s, Nikki Haley “, Matt Christiansen, Donovan “ Organizations: Department of Justice, DOJ, NBC News, Tenet Media, Trump, RT, Getty, YouTube, Tenet, University of Southern, College Republicans, Brigham Young University, Facebook, Southern Poverty Law Center, Data & Society, ”, “, Scouting, United Nations Locations: Russian, Russia, Nashville, Tenn, Southern, Canadian, Shanghai, Singapore, London, “, University of Southern California, Charlottesville , Virginia, Stanford, Israel, Gaza, Ukraine

☆ What undecided voters thought of the debate: From the Politics Desk
▼ + stars: | 2024-09-11 | by ( The Politics Desk | ) www.nbcnews.com time to read: +7 min

In today’s edition, we break down how panels of undecided voters in Arizona and Pennsylvania responded to the debate. A handful of Arizona voters previously turned off by both Vice President Kamala Harris and former President Donald expressed interest in the Democratic nominee in an NBC News panel after the debate. Read more →Harris avoids some big questions, but Trump’s lack of control costs himBy Chuck ToddIn many ways, Tuesday’s debate was quite familiar. Just like our politics for the last nine years, the entire debate revolved around one person: Donald Trump. Read more →That’s all from the Politics Desk for now.

Persons: Chuck Todd, Donald Trump, Harris, Emma Barnett, Alex Tabet, Kate Snow, Jacob Soboroff, Kamala Harris, Donald, Lynne Kelleher, Kamala, ”, “, I’m, ” Hannah Reed, Trump, Joe Biden, Reed, Denise Lewis, she’s, isn’t, here’s Trump, who’s, Lewis, Read, → Harris, Don’t, Joe Biden’s, Biden, Chuck →, ove Organizations: NBC, White House, Capitol, Democratic, Trump, Libertarian, Biden Locations: Arizona, Pennsylvania, Philadelphia, Bucks, Scottsdale, Harris

All three undecided voters assembled for a similar exercise in the Philadelphia suburbs remained on the fence, with Harris getting a look from two and former President Donald Trump from one. Undecided voters only account for a few percentage points of the electorate right now, according to public polls, with a closely divided country getting behind Trump and Harris. “Finally, we have someone who’s a woman who gets that it’s about us.”But Lewis said Harris didn’t fully seal the deal with her last night. Herr also saw a contrast between how Trump and Harris conducted themselves on the debate stage. After the debate, Navarro said he’s still leaning toward Trump, but Harris has given him more to think about.

Persons: Kamala Harris, Harris, Donald Trump, “, ” Lynne Kelleher, Kamala, ”, Donald, I’m, Kelleher, Trump, Hannah Reed, Joe Biden, Reed, ” Reed, Andrew Wallace, Biden, Wallace, Denise Lewis, she’s, Lewis, we’ve, We’ve, ” Lewis, Harris didn’t, here’s Trump, who’s, Jeff Herr, “ McCain, “ McCain Republican ” didn’t, he’s, ” Herr, Herr, GOP Sen, John McCain, McCain’s, “ That’s Trump, “ Harris, Romeo Navarro, Navarro, there’s, didn’t, ” Navarro, Emma Barnett, Kate Snow, Alex Tabet, Jacob Soboroff Organizations: NBC, ABC, Trump, Democratic, Biden, “ McCain Republican, Capitol, GOP, Phoenix Locations: Pa, —, Arizona, Philadelphia, Bucks County, Phoenix, Scottsdale, Tucson, Churchville

☆ Caroline Ellison seeks to duck prison sentence for role in FTX collapse
▼ + stars: | 2024-09-11 | by ( Mackenzie Sigalos | Mackenzie Sigalos Is A Technology Reporter For Cnbc With A Focus On Cryptocurrency | ) www.nbcnews.com time to read: +4 min

Lawyers for Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, are recommending no prison time for their client’s role in the implosion of the crypto empire that was run by her former boss and ex-boyfriend. Judge Lewis Kaplan, who presided over Bankman-Fried’s case, cited Ellison’s testimony when he decided in March to sentence the FTX founder to 25 years behind bars. Ellison, who ran Alameda Research, agreed to a plea deal in December 2022, a month after FTX spiraled into bankruptcy. Bankman-Fried forced Ellison into a sort-of isolation, culminating in her moral compass being “warped,” the lawyers say. Her former roommates and ex-FTX executives, Nishad Singh and Gary Wang, will be sentenced in October and November, respectively.

Persons: Caroline Ellison, Sam Bankman, Ellison, Judge Lewis Kaplan, FTX spiraled, “ Caroline, John Ray, “, Fried, disentangling, ”, ” She’s, that’s, ” Ellison, Nishad Singh, Gary Wang, — CNBC’s Dan Mangan Organizations: U.S, Alameda Research, court’s, Department, ”, Bankman Locations: FTX’s Bahamas, Alameda, Boston, Hong Kong, Bahamas, Bankman

☆ See Harris and Trump shake hands at 9/11 service
▼ + stars: | 2024-09-11 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

☆ Meet SpaceX's Polaris Dawn crew: The daring 4 who are in space on the most ambitious private space mission in history
▼ + stars: | 2024-09-11 | by ( Morgan Mcfall-Johnsen | Jenny Mcgrath | ) www.businessinsider.com time to read: +8 min

Read previewSpaceX just launched four people on its most daring human spaceflight yet, a mission called Polaris Dawn. Jared Isaacman, mission commanderJared Isaacman at SpaceX in Hawthorne, California. Anna Menon, mission specialist and medical officerAnna Menon is Polaris Dawn's mission specialist and medical officer. Before joining SpaceX, Menon worked at NASA and helped oversee International Space Station operations as a biomedical flight controller. Scott "Kidd" Poteet, mission pilotScott "Kidd" Poteet is the pilot of the Polaris Dawn mission.

Persons: —, They're, Jared Isaacman, bankrolling, SpaceX's, Isaacman, Richard Branson, Jeff Bezos, He's, he's, Jude Children's, Jude, it's, Monica Isaacman, Sarah Gillis, John Kraus, Gillis, Joe Tanner, Tanner, She's, Lewis, Polaris Dawn, Anna Menon, Joe Skipper, Menon, Anil, James, Grace, Anna, Scott, Kidd, Poteet, Scott Poteet Organizations: Service, SpaceX, NASA, Apollo, Business, Draken, Messaging, Polaris, St, Jude Children's Research Hospital, Hubble, New York, Polaris Program, Denver Post, Space, Jude Children's Research, Reuters, he's, US Air Force, US Air Force's Thunderbirds, Spectrum News, Air Force, Polaris Dawn, UNH Locations: Hawthorne , California, Shift4, New Jersey, Boulder , Colorado, Houston, Space City, Monument , Colorado

☆ Video: Hear Trump’s reaction to Taylor Swift endorsing Kamala Harris
▼ + stars: | 2024-09-11 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

☆ Steve Eisman of 'Big Short' fame not worried about banks or economy
▼ + stars: | 2024-09-11 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Steve Eisman of "The Big Short" fame said he's unfazed by the weakness in bank stocks as well as any uncertainty around the Federal Reserve's next easing cycle. To Eisman, there's nothing to worry about. Eisman shot to fame by shorting collateralized debt obligations to profit from the demise of subprime mortgage loans before the 2008 financial crisis. Wednesday's data showed the consumer price index , a broad measure of goods and services costs across the U.S. economy, increased 0.2% in August , in line with the Dow Jones consensus. The economy Concerns about lower-income consumers have also increased recently, but Eisman said they are not indicative of a systemic issue endangering the wider economy.

Persons: Steve Eisman, he's, Neuberger Berman, shorting, Michael Lewis's, Eisman, Dow Jones Organizations: Federal, JPMorgan, Ally Financial, Dollar Locations: U.S

☆ Americans have more than $32 trillion in home equity — a record high. Here's what to know before you tap it
▼ + stars: | 2024-09-11 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Tappable equity is the amount most lenders will allow you to take out while still leaving 20% in the home as a cushion. How to tap your home for cashAlternatively, a home equity loan is a type of second mortgage, which allows borrowers to pull cash while using the house as collateral. However, the current average home equity loan interest rate is 8.52%, according to Bankrate, notably higher than a 30-year fixed-rate mortgage. watch nowOtherwise, a home equity line of credit, also known as a HELOC, lets you borrow money against a portion of your home's equity. The average HELOC interest rate is just shy of 10%, according to Bankrate.

Persons: Jacob Channel, Andy Walden, Holden Lewis, Lewis Organizations: Louis Federal Reserve, Intercontinental Exchange's Mortgage, Intercontinental Exchange

☆ Video shows plane after collision
▼ + stars: | 2024-09-10 | by ( Daniel Lewis | ) edition.cnn.com time to read: 1 min

☆ ‘Free Kshamenk’: The campaign to release the last captive orca in Latin America
▼ + stars: | 2024-09-10 | by ( Ivan Sarmenti | ) edition.cnn.com time to read: +4 min

CNN —The last captive orca in all of Latin America cuts a lonely figure. That is the plain truth,” said María Rosa Golía, from the NGO Marine Animal Rights. Mundo Marino insists it is acting in Kshamenk’s best interests and that Kshamenk’s remaining years are best spent in captivity. “Kshamenk has been locked up in that oceanarium, entertaining people (ever since his capture),” said animal rights lawyer Mauricio Trigo. “Kshamenk has served Mundo Marino well,” UrgentSeas told CNN.

Persons: “ Kshamenk ”, del Tuyú, Kshamenk, Mundo Marino, UrgentSeas “, UrgentSeas, Mundo, “ Kshamenk, “, ”, María Rosa Golía, Mauricio Trigo, Dalila Lewis, ” UrgentSeas Organizations: CNN, Mundo Marino oceanarium, Canadian, Mundo Marino, Mammal, Marine Animal Rights, Marino, Marine, Rights, Mundo, National Oceanic, Atmospheric Administration Locations: America, Argentine, San, Buenos Aires, Latin America, Argentina

☆ The Washington Post is trying to fix one of the biggest problems
▼ + stars: | 2024-09-09 | by ( Brian Stelter | ) edition.cnn.com time to read: +3 min

New York CNN —The Washington Post is trying to fix one of its biggest problems: an outdated homepage loathed by its own staff. Lewis is under pressure to recapture paying subscribers and return the Post to profitability, a goal he says he is making progress on. More urgently, at the Post, the homepage redesign is a sign that the new management regime is moving quickly to make significant changes. Lewis was appointed publisher and chief executive in January and didn’t mince words about the beleaguered state of the Post. While Lewis hasn’t entirely recovered, he has used his weekly memos to tout progress in rebuilding the Post’s subscriber rolls.

Persons: Will Lewis’s, Jeff Bezos, Lewis, ”, “, Matt Murray, didn’t, Lewis hasn’t Organizations: New, New York CNN, Washington Post, The New York Times, Technology, Google Locations: New York, Washington, ”

☆ A part-time real estate investor shares his 'failed' 1031 exchange — and what he wishes he knew before trying the tax-saving strategy
▼ + stars: | 2024-09-08 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

You could theoretically defer capital gains taxes indefinitely if you continued exchanging for what the IRS calls "like-kind properties." That's what part-time real estate investor Steve Lewis, who bought his first property in 2000 and expanded to three rentals before selling in 2024, found when he attempted a 1031 exchange. Then, you must close on the replacement property within 180 days of your initial property sale. While his failed 1031 experience may be "rare," he noted, "there are so many things that could delay a closing." Lewis says he'd consider a 1031 exchange in the future if the 180-day rule were extended to a year.

Persons: —, Steve Lewis, Lewis, that's, he'd, He'd Organizations: Service, Business

☆ Iran and Turkey are betting on drone aircraft carriers to project power
▼ + stars: | 2024-09-07 | by ( Paul Iddon | ) www.businessinsider.com time to read: +7 min

These regional powers are betting they can build an expendable air force without the massive costs of aircraft carriers, fighter jets and pilots trained to fly them. Naval experts agree that drone ships represent new possibilities while pointing out that these ships fall far short of the aircraft carriers and amphibious assault ships that top navies sail. Turkey developed the Bayraktar TB3 naval drone for the Anadolu and claims the unmanned Kizilelma fighter jet it is developing could also operate from it. Although far from the might and versatility of flattops, these vessels enhance Turkey and Iran's respective capabilities to project naval power. These drone-carriers also have inherent shortcomings when compared to aircraft carriers and amphibious assault ships in other navies.

Persons: —, Bryan Clark, Recep Tayyip Erdogan's, Shahid, Shahid Bagheri, Shahid Mahdavi, Diego Garcia, IRGC, Emin Sansar, Shaul Chorev, Chorev, Clark, Andrew, Woody, Lewis, who's, Iran's Organizations: Service, Hudson Institute, Business, TCG Anadolu, Anadolu, Iran's Revolutionary Guard Corp, Getty, US Navy, Maritime Policy, Research, Israeli National Center of Blue, Israeli Navy, Iranian, IRIN, Islamic Republic of Iran Navy, Center for, US 2nd Fleet Locations: Turkey, Iran, Ankara, Turkish, Soviet, Diego, Anadolu, Iranian Navy, Islamic Republic of Iran, US

☆ Trump's lawyers say an accuser's sexual-assault testimony should have been tossed because the incident was aboard an airplane
▼ + stars: | 2024-09-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

Leeds' allegations weren't part of Carroll's accusations, but the trial judge allowed her testimony because they demonstrated what Carroll's lawyers argued was a pattern of behavior by Trump. "It's very hard to overturn a jury verdict for evidentiary grounds," he said. Sauer argued that Trump's case was "a textbook example" of a case wrongly propped up by propensity evidence rather than Trump's actual conduct. LEONARDO MUNOZ/AFP via Getty ImagesShe also jabbed at Habba's earlier claims that she might have some kind of conflict of interest with the trial judge, US District Judge Lewis Kaplan. Presidential immunity played a role in earlier court fights in the Carroll case.

Persons: —, Donald Trump, Jean Carroll, John Sauer, Jessica Leeds, Trump, Sauer, Denny Chin, Roberta Kaplan, Leeds, defaming Carroll, Alina Habba, Kaplan, Carroll, Todd Blanche, Emil Bove, Boris Epshteyn, Joshua Katz, CHARLY TRIBALLEAU, Getty Images Carroll, Bergdorf Goodman, Blanche, Bove —, Harvey Weinstein's, Susan Carney mused, Marci Hamilton, LEONARDO MUNOZ, Lewis Kaplan, Kamala Harris, Bove, Juan Merchan, she'd Organizations: Service, Republican, Business, Leeds, Circuit, Trump, Getty Images, US, University of Pennsylvania, Getty, Democratic Locations: Manhattan, Leeds, AFP, New York, Washington, DC, New, United States

☆ A real-estate investor who has financed properties with both 15- and 30-year mortgages has an obvious favorite. Why he'd always pick the shorter one.
▼ + stars: | 2024-09-06 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +1 min

Steve Lewis prefers to finance investment properties with a 15-year mortgage. Go to newsletter preferences Thanks for signing up! AdvertisementSteve Lewis has experience with both 15- and 30-year mortgages — and if he buys more investment properties in the future, he says he'd pick the shorter-term loan every time. "The first property was already under a 30-year, so I just left it," Lewis, who works in cybersecurity full-time, told Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: Steve Lewis, —, New Jersey —, Lewis Organizations: Service, Business Locations: New Jersey, cybersecurity

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