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☆ New York man gets 22 years in jail over killing of Chinese immigrant
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +1 min

March 31 (Reuters) - A New York City man who pleaded guilty to manslaughter and a hate crime in the 2021 killing of a Chinese immigrant has been sentenced to 22 years in prison, authorities said. Police surveillance video of the April 2021 attack showed Ma being knocked down from behind and kicked in the head multiple times by a lone man. Ma was a pastry chef who came to the U.S. with his wife two years before the attack, U.S. media have reported. Bragg's office said Powell admitted in his plea that he targeted Ma due to his Asian heritage. The attack on Ma came a month after a shooting spree at three Atlanta spas left eight people dead, including six Asian women.

☆ How a Trump arrest would play out: Yes, he'll be fingerprinted. No, he probably won't be handcuffed.
▼ + stars: | 2023-03-30 | by ( Laura Italiano | Erin Snodgrass | ) www.businessinsider.com time to read: +12 min

Trump is likely to be fingerprinted, swabbed for the state DNA database, and photographed for his mugshot. Trump has been indicted in the Manhattan district attorney's five-year investigation into his personal and business finances, Insider reported Thursday, but he'll be treated like any defendant moving forward — with many key exceptions. "That's called 'walking it through,'" explains Diana Florence, a former white-collar crime prosecutor for the Manhattan district attorney's office. That's what typically happens in white-collar indictments, said Karen Friedman Agnifilo, a former chief assistant with the Manhattan district attorney's office. But even if Trump does need to surrender in person, Secret Service would likely give the perp walk a hard pass.

☆ The Manhattan DA's office investigating Trump has been 'inundated' with hundreds of angry calls spewing racial slurs and parroting Trump's rhetoric
▼ + stars: | 2023-03-27 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +5 min

The Manhattan attorney's office investigating Donald Trump has been "inundated" with calls from angry supporters. The callers have been parroting Trump's rhetoric and hurling racial slurs against DA Alvin Bragg. In recent days, the Manhattan DA's office has been the victim of several death threats. In a since-deleted post, Trump also shared a photo of himself holding a baseball bat, ready to swing, next to Bragg. "I'm not his social media consultant," Trump lawyer Joe Tacopina told NBC's Chuck Todd on "Meet the Press" on Sunday.

☆ Trump's own attorney says the former president's TruthSocial posts attacking Manhattan prosecutor ahead of possible indictment were 'ill-advised'
▼ + stars: | 2023-03-26 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Trump attorney Joe Tacopina said Trump's Truth Social posts targeting the Manhattan DA were "ill-advised." "I'm not his social media consultant," Attorney Joe Tacopina told NBC's Chuck Todd on "Meet the Press" on Sunday. "I think that was an ill-advised post that one of his social media people put up, and he quickly took down when he realized the rhetoric and photo that was attached to it." Todd pointed out that Tacopina was "only referring to the baseball bat" as Trump's comments about "death & destruction" remained visible on his Truth Social page. In one Truth Social post, Trump said Bragg is "CARRYING OUT THE PLANS OF THE RADICAL LEFT LUNATICS.

☆ Trump's plan to build 10 new American cites is a right-wing dream of 'trad havens for beautiful families,' the internet's favorite architecture critic says
▼ + stars: | 2023-03-23 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

Architecture critic Kate Wagner says Trump's plan to build "freedom cities" is nothing new. There's a whole eco-system of classical architecture proponents on Twitter with Roman statues as their avatars who decry modernism. The order made classical architecture — think columns, marble, symmetry — the preferred style for federal buildings. Wagner says Trump's embrace of classical architecture echoes the right-wing war on modernism that began in the 1980s. "For some reason, there also emerged alongside of those advocates a group of people who started to make statements that people neurologically prefer classical architecture."

☆ A New York grocery store is using biometrics including eye scanners and voice prints to identify repeat shoplifters. Some shoppers say that's creepy — even if it deters theft.
▼ + stars: | 2023-03-17 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

New York City grocer Fairway is collecting biometric data on its shoppers to catch shoplifters, the New York Post reported. Fairway is gathering facial recognition and other biometric information, such as voice recordings, on shoppers at one of its Manhattan locations, the New York Post reported on Thursday. Fairway told the Post that its system will only be accessed by "trained asset protection associates." Nearly one-third of the arrests made for shoplifting in New York City last year involved the same 327 people, the Post reported in January. But an investigation that year by the San Francisco Chronicle found that the affected stores reported fewer than two shoplifting incidents per month leading up to the closures.

☆ Here's how a Trump indictment would play out: Yes, he'll be fingerprinted. No, he probably won't be handcuffed.
▼ + stars: | 2023-03-15 | by ( Laura Italiano | ) www.businessinsider.com time to read: +12 min

Here are predictions for how this historic event would roll out, courtesy of some of Manhattan's top defense lawyers, former high-ranking prosecutors, and a retired Secret Service special agent. "They can tell the foreperson come back two weeks from Wednesday, or something," to sign the revised indictment, Florence said. There can always be a leak, of course, somewhere between indictment and arraignment, which is the court proceeding where Trump would plead not guilty. But even if Trump does need to surrender in person, Secret Service would likely give the perp walk a hard pass. "That walk is not going to happen," said Pickle, the former Secret Service special agent.

[1/5] Guo Wengui (also known as Miles Kwok) holds a news conference with Steve Bannon in New York, New York, U.S., November 20, 2018. Guo, 52, was charged with 11 criminal counts including securities fraud, wire fraud and concealment of money laundering, after "lining his pockets with the money he stole," U.S. Attorney Damian Williams in Manhattan said in a statement. They will propose a "robust bail package," according to Tamara Giwa, a federal public defender who represented Guo at Wednesday's hearing. Bannon is not accused of wrongdoing in Guo's criminal case. It said it also seized assets purchased with proceeds from Guo's alleged fraud, including a Lamborghini Aventador, and wants Guo to forfeit the yacht.

Just when you thought crypto couldn't get any stranger, bitcoin accidentally births a new breed of NFTs. "I think this is really the start of a fundamental shift in what you can do with bitcoin," said Alex Miller, CEO at bitcoin developer network Hiro. REUTERS/Brendan McDermid/Nonetheless, bitcoin NFTs have built up a head of steam in a short space of time. Satoshis inscribed with NFTs are involved in about 7% of the total number of bitcoin blockchain transactions, according to Glassnode data. "But NFTs on bitcoin are a distraction from the network's core purpose, which is to serve as a permissionless network that is globally available, 24/7, and uncensorable."

☆ How SVB employees are coping after being ordered to leave the office, from polishing their resumes to hitting the bar: 'We're pretty much in the dark'
▼ + stars: | 2023-03-10 | by ( Emmalyse Brownstein | Rebecca Ungarino | Carter Johnson | ) www.businessinsider.com time to read: +6 min

It read: "Operations of the SVB Securities broker dealer are distinct from the receivership of SVB Financial." The SVB Securities employee called the whirlwind leading up to SVB's meltdown as "scary, scary stuff." Kevin Heal, senior analyst at Argus Research, said he sees both SVB Securities and SVB Private being sold. SVB bought the healthcare investment bank Leerink Partners in 2018, renaming it SVB Leerink and then SVB Securities. PATRICK T. FALLON/AFP via Getty ImagesHeal thinks the investment banking operations could be purchased by a smaller investment banking firm that doesn't have tech or healthcare prowess, like US Bancorp or PNC.

☆ How NYC's oldest chocolate house survived a century
▼ + stars: | 2023-03-01 | by ( Caroline Mishelle Aghajanian | Amelia Kosciulek | ) www.businessinsider.com time to read: +1 min

The company still makes chocolate following the founder's original recipes and techniques. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyLi-Lac Chocolates is Manhattan's oldest chocolate shop, having survived decades of change in New York City. Since Li-Lac opened in 1923, owners have stuck to the founder's original chocolate recipes while adding new confections along the way. Today, Li-Lac makes its legendary fudge, butter crunch, and truffles, as well as over 1,000 specialty molds for occasions like Easter and Thanksgiving. The company has six locations in New York City, with all of its ingredients made inside its Brooklyn factory.

☆ Elon Musk is reportedly trimming some of Twitter's office space in New York City
▼ + stars: | 2023-03-01 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Twitter is subleasing 200,000 square feet of office space in Manhattan, Bloomberg reported. This past weekend, Musk laid off hundreds of staffers, including some of his most loyal employees. Now, he's chipping away at the company's office space, too. Twitter is not the only major tech company to cut back on office space in New York. Late last year, Meta also pulled back on office space in Manhattan's Hudson Yards as part of an effort to lower expenses.

☆ Michael Cohen and the Manhattan DA's Trump probe: It's complicated.
▼ + stars: | 2023-02-25 | by ( Laura Italiano | ) www.businessinsider.com time to read: +11 min

There are no security guards or obscuring metal gates when Cohen arrives for his weekly Trump probe sit-downs — just a dozen or so news cameras. "No," Cohen told The Daily Beast last April. By Bragg's sixth week on the job, the new DA, who'd never even met Cohen, told Pomerantz he "could not see a world" in which Cohen could be called as a DA witness. "Alvin Bragg is operating at Alvin Bragg's pace," Cohen told MSNBC on another appearance, after that 16th meeting. "The district attorney, and the team, I find them to be incredibly, incredibly competent and decent people," Cohen told Insider.

☆ See inside the penthouse Bill Gates' daughter Jennifer reportedly just paid $51M for in a 'paparazzi-proof' NYC luxury building
▼ + stars: | 2023-02-25 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +1 min

443 Greenwich Street in Manhattan's Tribeca is home to many celebrities and is known for being 'paparazzi-proof' because of its underground garage. The outside of 443 Greenwich Street in Tribeca. Credit David Sundberg/Esto, Courtesy CetraRuddyCelebrities like Jake Gyllenhaal, Justin Timberlake and Jessica Biel, and Blake Lively and Ryan Reynolds have previously purchased apartments in the building. The underground garage is particularly appealing to those who need to dodge paparazzi. "It has been called 'paparazzi-proof' for its punched windows, original brick masonry façade, and secure drive-in garage access."

☆ For the Black community, bitcoin represents an opportunity for wealth preservation
▼ + stars: | 2023-02-24 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

But for many in the Black community, that narrative is still alive and it's imperative that people stay focused on it. There's a long game to play, however, particularly for the Black community. For Black people, that's a golden opportunity to level the playing field and give them "sovereignty" over their wealth, said Lamar Wilson, founder of crypto-focused network Black Bitcoin Billionaire. Fast forward to today, and Black people still largely start their wealth building journeys from behind. Still, within that group, at every income level, there's a big difference in the unbanked rates between Black and white households.

☆ Converting empty office buildings into apartments sounds like a no-brainer, but big landlords are resisting for one big reason
▼ + stars: | 2023-02-23 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +7 min

Three experts tell Insider office prices need to fall before conversions are commonplace. But for these plans to be successful, the world of real estate must address the elephant in the room: Office buildings are simply too expensive. Moody's laid out some basic math: In 2021, the average New York apartment building traded at $434 a square foot. Now in the US, he's up to the same business but not yet with the vacant office buildings that dot the downtowns of large metropolises. Among them is an older, 130,000-square-foot St. Louis office building, which represents some of the city's most outdated stock, Rubin told Insider.

☆ Marc Lore co-founded Jet.com and ran e-commerce at Walmart. Now he's out to prove he can make the delivery of 'fast fine' restaurant food work in NYC.
▼ + stars: | 2023-02-14 | by ( Nancy Luna | ) www.businessinsider.com time to read: +6 min

Instead of using kitchen vans, Wonder is preparing chef-driven meals from a storefront. Lore, who cofounded the e-commerce site Jet.com and sold it to Walmart, had plans to expand Wonder to a fleet of 1,000 kitchen vans. Storefronts can offer consumers up to 30 food brands for delivery from one location, while the van model was limited to two menus per van. ClusterTruck, a Midwest ghost kitchen that controls everything from the food recipes to delivery, is another model similar to Wonder. Still, Lore sees the value of marketing Wonder's food brands on delivery apps.

☆ Cryptoverse: Punk apes and a resurrection of NFTs
▼ + stars: | 2023-02-14 | by ( Medha Singh | ) www.reuters.com time to read: +4 min

The NFT market is twitching out of its torpor, defying reports of its demise. Over the past 30 days, though, OpenSea remains top with volumes of $443.98 million, versus $366 million for Blur. BITCOIN JOINS NFT PARTYIn another non-fungible development, the novel use of the bitcoin blockchain for minting an NFT collection has caused a stir among crypto enthusiasts. Bitcoin Punks is a series of monkey-themed NFTs and a derivative of the wildly popular CryptoPunks collection. Some media reports have indicated Bitcoin Punk NFT being sold for as much as 9.5 bitcoin, worth in the region of $205,000.

☆ Manhattan rents hit an all-time high in January
▼ + stars: | 2023-02-09 | by ( Robert Frank | ) www.cnbc.com time to read: +2 min

Median rents in Manhattan hit a new record in January as a strong job market and limited supply of apartments lifted prices. But despite a cooling economy and high-profile layoffs in finance and tech, rental demand in Manhattan remains strong. Analysts say the main driver for Manhattan's rental market is a strong job market. Analysts say rents aren't likely to come down much, if at all, in the coming months, unless the economy and job market loses steam. "I believe 2023 will be just as strong as 2022 as far as the rental market [goes]," Young said.

☆ It took 50 years and $11 billion to complete a train station beneath NYC's Grand Central Terminal. It shows how hard it is to build things in the US.
▼ + stars: | 2023-02-03 | by ( Jacob Zinkula | Catherine Boudreau | ) www.businessinsider.com time to read: +7 min

New commuter rail service to New York City's Grand Central Terminal began last week. The new station cost more than three times its initial budget and faced significant delays. The new rail service, which began limited operations last week, delivers riders to a gleaming new station some 15 stories beneath the soaring limestone facade of Grand Central Terminal. Train platforms at Grand Central Madison are well over 100 feet underground. Mary Altaffer/APPeople walk past a mural in the new Grand Central Madison last week.

This story is part of CNBC Make It's Millennial Money series, which profiles people around the world and details how they earn, spend and save their money. Lucas and Yana Bononi in New York City. CNBC Make It"I always was very ambitious and saw this as the place for me," Yana tells CNBC Make It. Lucas and Yana Bononi at an art exhibition. Yana Bononi filming a fashion shoot.

☆ A side hustle that 'feels like a paid vacation': These 20-somethings make money ice skating through Europe and Asia
▼ + stars: | 2023-02-01 | by ( Megan Sauer | ) www.cnbc.com time to read: +5 min

Lila Werner, second from right, was paid about $5,700 for seven weeks of travel and ice skating in Belgium and Saudi Arabia this winter. But there's a downside to being an international ice skater: Werner says she'll return with very little remaining from her paycheck. Other contracted ice skaters who quit their jobs and performed abroad during the holiday didn't earn much money — but they got to travel essentially for free. "This almost feels like a paid vacation," Werner says. Werner, for example, still paid rent on her one-bedroom apartment while she traveled.

☆ Manhattan grand jury begins to hear evidence in Trump hush money case: report
▼ + stars: | 2023-01-30 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

Former U.S. President Donald Trump speaks during a campaign stop to unveil his leadership team, at the South Carolina State House in Columbia, South Carolina, U.S., January 28, 2023. Shannon Stapleton | ReutersA Manhattan grand jury began hearing evidence Monday in a criminal probe of a 2016 hush money payment that former President Donald Trump authorized to porn star Stormy Daniels, a new report said. A witness in that investigation, former National Enquirer publisher David Pecker, was seen with his attorney entering the courthouse Monday where the grand jury is meeting, according to The New York Times. The newspaper also reported that prosecutors from Manhattan's District Attorney's Office have recently contacted officials from Trump's 2016 campaign about it. Cohen later admitted he made that payment at Trump's behest, to avoid Daniels damaging his chances of winning the White House.

☆ Grand Central's sparkling new terminal could use a spellcheck — it misspelled artist Georgia O'Keeffe's name in an engraved quote about New York
▼ + stars: | 2023-01-30 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

A new terminal for the Long Island Rail Road in New York's Grand Central Station opened Wednesday. The terminal's walls are engraved with homages to New York from famous artists. In a new terminal in New York's Grand Central Station that opened last Wednesday, called the Grand Central Madison station, O'Keeffe's name is spelled with one "f" instead of two, Bloomberg reported. That's the quote that made it into the Grand Central Madison station. Bloomberg reported that the Grand Central Madison terminal is part of an $11.1 billion project called East Side Access that will bring passengers on the Long Island Railroad to Manhattan's Grand Central Terminal instead of Penn Station.

☆ Meet Thom Browne, the stripe-obsessed designer who took on Adidas and won
▼ + stars: | 2023-01-26 | by ( Danni Santana | ) www.businessinsider.com time to read: +6 min

Thom Browne defeated Adidas in court this month over its right to use its four stripe design. Adidas sought roughly $7.8 million in damages — equivalent to the amount Adidas believed it would have earned through a licensing agreement with Thom Browne and profits Thom Browne made off the parallel stripe designs. Fashion Designer Thom Browne arrives at Manhattan Federal Court on January 03, 2023. Thom Browne made $285 million in 2021 revenue compared to $23 billion for Adidas, according to the New York Times report. By then, Thom Browne was dressing sports teams like the NBA's Cleveland Cavaliers and European soccer club FC Barcelona for pregame appearances.

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