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☆ Spirit Aero names board member Shanahan as interim CEO
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: 1 min

A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023. REUTERS/Benoit Tessier/File Photo Acquire Licensing RightsOct 2 (Reuters) - Aerospace supplier Spirit AeroSystems (SPR.N) on Monday named board member Patrick Shanahan as its interim chief executive, effective immediately, succeeding under-pressure Thomas Gentile, who has resigned from the board. Shanahan, who has served on the company's board since November 2021, was previously an executive with Boeing Co (BA.N), Spirit's biggest customer. Spirit said its board will conduct a search to identify a new CEO, while Gentile will stay on as a consultant for three months. Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.

Persons: Benoit Tessier, Patrick Shanahan, Thomas Gentile, Shanahan, Spirit, Gentile, Abhijith, Shailesh Organizations: Boeing, International Paris Air, Le, REUTERS, Aerospace, Spirit, Boeing Co, Thomson Locations: Le Bourget, Paris, France, Bengaluru

A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 22, 2023. Shanahan, who has served on the company's board since November 2021, will become interim CEO effective immediately, Spirit announced Monday. Spirit said its board will conduct a search to identify a new CEO, while Gentile will stay on as a consultant for three months. Gentile was named Spirit's CEO in August 2016, months after he joined the company as its chief operating officer. Over a 31-year career at Boeing, Shanahan was known as "Mr. Fix-It" for his ability to turn around poorly-performing programs.

Persons: Benoit Tessier, Patrick Shanahan, Tom Gentile, Shanahan, Spirit, Gentile, Richard Aboulafia, Aboulafia, Jim Mattis, Alex Krutz, Abhijith, Valerie Insinna, Shailesh Kuber, Sharon Singleton Organizations: Boeing, International Paris Air, Le, REUTERS, Pentagon, Spirit, Airbus, Patriot Industrial Partners, Aerospace Industries, Thomson Locations: Le Bourget, Paris, France, Kansas, Wichita , Kansas, Bengaluru, Washington

☆ Berkshire Hathaway gets a rare downgrade after conglomerate shares hit a record high
▼ + stars: | 2023-09-29 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Warren Buffett 's Berkshire Hathaway has been on fire this year with shares roaring back to a record on strong earnings, and this outperformance caused one analyst to urge caution about a slowdown in the stock. James Shanahan at Edward Jones downgraded Berkshire shares to a hold rating from buy Thursday evening and removed B shares from the firm's U.S. stock focus list. "BRK shares have significantly outperformed financial services peers over the past six months, supported by a relatively strong earnings outlook," Shanahan said in a note. BRK.A YTD mountain Berkshire Hathaway Berkshire's operating earnings jumped 6.6% year over year in the second quarter, while it also posted big gains from its stock portfolio and Treasury holdings. Meanwhile, trading activity in Class A shares is relatively muted given its high price tag.

Persons: Warren Buffett, Berkshire Hathaway, James Shanahan, Edward Jones, Shanahan, —, Berkshire doesn't Organizations: Berkshire, Berkshire Hathaway Locations: U.S, Omaha, Berkshire

SANTA CLARA, Calif. (AP) — The San Francisco 49ers gave coach Kyle Shanahan and general manager John Lynch multi-year contract extensions on Friday. San Francisco is 55-46 in six-plus seasons under Shanahan and Lynch with six playoff wins. San Francisco passed up an opportunity to draft Patrick Mahomes in 2017 and then traded three first-round picks to draft quarterback Trey Lance third overall in 2021. That move didn't prove to be a major setback because San Francisco found starting quarterback Brock Purdy with the final pick of the 2022 draft. Purdy is back healthy this season playing at a highly efficient level as San Francisco has scored 30 points in each game.

Persons: Kyle Shanahan, John Lynch, Lynch, George Kittle, Fred Warner, Nick Bosa, Deebo Samuel, Brandon Aiyuk, Trent Williams, Christian McCaffrey, Patrick Mahomes, Trey Lance, Lance, San Francisco, Brock Purdy, Purdy, Francisco, ___ Organizations: San Francisco 49ers, 49ers, Niners, Super, Kansas City, NFC, New York Giants, Shanahan, Pro, Philadelphia Locations: SANTA CLARA, Calif, San Francisco, Francisco, Washington, Carolina, Dallas

REUTERS/Chris Wattie/File Photo Acquire Licensing RightsTORONTO, Sept 17 (Reuters) - Bank of Montreal (BMO) (BMO.TO) is winding down its indirect retail auto finance business and shifting focus to other areas in a move that will result in an unspecified number of job losses, Canada's third-largest bank said. The bank, which announced the move on Saturday, has conducted this business in Canada and the United States. Under the indirect retail auto finance business, the bank works with car dealerships to arrange financing for buyers, who make monthly payments to the lender. "By winding down the indirect retail auto finance business, we have the ability to focus our resources on areas where we believe our competitive positioning is strongest," BMO said in a statement to Reuters. The remaining loans in this portfolio are primarily auto loans, but also include other loans, including loans for boats, recreational vehicles and motorcycles, Edward Jones analyst James Shanahan said.

Persons: Chris Wattie, Paul Hunsley, Edward Jones, James Shanahan, Nivedita Balu, Denny Thomas, Jane Merriman, Susan Fenton, Will Dunham, Diane Craft Organizations: of Montreal, BMO, REUTERS, Rights, Bank of Montreal, Reuters, The, Bank, Thomson Locations: Ottawa , Ontario, Canada, United States, California, Toronto

☆ Google cofounder Sergey Brin quietly divorced his wife this year after allegations that she had an affair with Elon Musk
▼ + stars: | 2023-09-15 | by ( Lloyd Lee | Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Sergey Brin filed for a divorce from his second wife, Nicole Shanahan, in January 2022. Affair allegations about Shanahan and Elon Musk sparked the split, The Wall Street Journal reported. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. The two met at a yoga retreat in 2015, The Wall Street Journal reported last year. AdvertisementAdvertisementUnder the terms of their divorce, Shanahan and Brin are set to split legal and physical custody of their daughter, now 4.

Persons: Sergey Brin, Nicole Shanahan, Shanahan, Elon Musk, Brin's, Brin, Musk, Tesla, Larry Page, Sergey, Nicole, she'd, Anne Wojcicki Organizations: Street Journal, Service, Street, Echo Foundation, Twitter Locations: Wall, Silicon

NEW YORK (AP) — A comprehensive new biography of the Rev. Martin Luther King Jr, a memoir on family by the prize-winning novelist Viet Thanh Nguyen and an exploration of the crack epidemic of the 1980s and 1990s are among 10 books on the nonfiction longlist of the National Book Awards. The National Book Foundation, which presents the awards, also released its poetry longlist Thursday, a day after announcing 10 nominees each in the categories of young people's literature and books in translation. Judges will next month reduce each list to five finalists, with the winners to be announced during a Manhattan dinner ceremony on Nov. 15. Political Cartoons View All 1160 ImagesOthers on the poetry longlist are John Lee Clark's “How to Communicate,” Oliver de la Paz's “The Diaspora Sonnets,” Annelyse Gelman's “Vexations,” José Olivarez's “Promises of Gold,” Brandon Som's “Tripas,” Charif Shanahan's “Trace Evidence” and Evie Shockley's “suddenly we.”

Persons: Martin Luther King Jr, Viet Thanh Nguyen, Jonathan Eig's “, Nguyen's, ” Donovan X, Ned Blackhawk's “, Prudence Peiffer's, Cristina Rivera Garza's “ Liliana’s, ” Christina Sharpe's, ”, Shehadeh's, ” John Vaillant's, Williams, Monica Youn, Paisley Rekdal, Craig Santos Perez, John Lee Clark's, ” Oliver de la, ” Brandon Som's “, Evie Shockley's “ Organizations: Book Foundation, Native Peoples, New York, Justice, “ Locations: Manhattan, America, ” Utah

☆ Google cofounder apparently tried to dodge the famous selfie Elon Musk took after the Tesla CEO denied having a one-night stand with his wife
▼ + stars: | 2023-09-14 | by ( Kylie Kirschner | ) www.businessinsider.com time to read: +3 min

WSJ published a story last year that cited sources alleging Elon Musk slept with Sergey Brin's wife. Musk denied the affair, saying the two remained friends and shared a selfie of the two at a party. The new Elon Musk biography reveals that Musk forced the selfie, which Brin tried to dodge. Both Musk and Shanahan denied any affair took place. AdvertisementAdvertisement"Right after the story broke, they were at a party together, and Musk maneuvered himself into a position where he could take a selfie with Brin, which Brin tried to avoid," Isaacson states.

Persons: Elon Musk, Sergey Brin's, Musk, Elon, Brin, Sergey Brin, Brin's, Walter Isaacson, Nicole Shanahan, Shanahan, — Brin, —, Musk's, Isaacson Organizations: Service, Elon, New York, York Locations: Wall, Silicon

SANTA CLARA, Calif. (AP) — Nick Bosa's lengthy contract holdout ended four days before the start of the season for the San Francisco 49ers when he agreed to a contract extension that will make him the NFL's richest defensive player ever. Coach Kyle Shanahan said Wednesday that the two sides agreed to the contract and that Bosa is on his way to the team facility. Now Shanahan is glad he can stop thinking about what it would be like for the Niners to open their season without their best defensive player. The Defensive Player of the Year. ESPN first reported the extension and said it was worth $170 million over five seasons with $122.5 million guaranteed.

Persons: Nick Bosa's, Kyle Shanahan, Shanahan, “, it’s, ” Shanahan, Bosa, Nick, Fred Warner, I’d, Trent Williams, “ It’s, George Kittle, Deebo Samuel, Aaron Donald, Joey, ” Bosa, Warner, Williams, QB Brock Purdy, WR Deebo Samuel, Arik Armstead, Ray, Ray McCloud, Jake Moody, LB Oren Burks, Tashaun, Talanoa, RB Jordan Mason, Jon Feliciano, ___ Organizations: San Francisco 49ers, Niners, Pittsburgh, 49ers, Warner, ESPN, Rams, Chargers, AP, NFL, San Francisco, RB Locations: SANTA CLARA, Calif, It’s, takeaways

The July indictment accused Mr. Trump, Mr. De Oliveira and Mr. Nauta of trying to delete Mar-a-Lago security footage. The government had requested a trial date in December, while Mr. Trump’s lawyers asked for an indefinite postponement. Once he was sworn in as president, Mr. Trump reimbursed Mr. Cohen. Rather than publish her account, the tabloid suppressed it in cooperation with Mr. Trump and Mr. Cohen, prosecutors say. Ms. Maddock, who has close ties to Mr. Trump and is married to Matt Maddock, a state representative, accused Ms. Nessel of “a personal vendetta.”“This is part of a national coordinated” effort to stop Mr. Trump, she added.

Persons: Donald J, Trump, Trump’s, Jack Smith, Fani, Willis, Mr, Alvin L, Bragg, Rudolph W, Giuliani, Mark Meadows, —, “, ” Mr, Brad Raffensperger, Joseph R, Biden, Emily Kohrs, “ You’re, ”, Ms, Smith’s, Smith, Prosecutors, Mike Pence, Walt Nauta, Carlos De Oliveira, De Oliveira, Nauta, ’, Stormy Daniels, Michael D, Cohen, Daniels, Karen McDougal, McDougal, Bragg’s, Juan M, Merchan, “ Trump, Merchan’s, Cyrus R, Vance Jr, Daniels’s, Hope Hicks, Kellyanne Conway, Allen H, Weisselberg, Mimi E, Rocah, Letitia James, James, Donald Jr, Eric, Ivanka Trump, Michigan’s “, Dana Nessel, Meshawn Maddock, Maddock, Matt Maddock, Nessel, Wright Blake, Mayra Rodriguez, Kris Mayes, Richie Taylor, Maggie Haberman, Glenn Thrush, Jonah E, Rebecca Davis O’Brien, Michael Gold, Michael Rothfeld, Ed Shanahan, Richard Fausset, Ashley Wong Organizations: Mr, Democrat, New, New York City, White House, Department, Georgia Republican Party, Trump, The New York Times, Capitol, Federal, Court, Congress, Justice Department, Mar, Manhattan, National Enquirer, Trump Tower, U.S, National, Trump Organization, Trump National Golf Club Westchester, New York, Civil, Michigan, Michigan Republican Party Locations: Manhattan, Georgia, Fulton County, Lago, New York, United States, Washington, Palm Beach, Fla, Mar, Lower Manhattan, Westchester County, Michigan, Arizona, Bromwich

Lailing Yu, who lives a block from the crime scene, said she had been horrified when she received a video on her phone of two officers clutching the bloodied children. “I was shocked,” Ms. Yu said, as she stood with others who had gathered outside the five-story brick building where Ms. Zhao, her children and Mr. Ye lived. Arriving at the apartment early in the afternoon, the man found Ms. Zhao and her children lying in pools of blood in the kitchen area and called 911, Ms. Chu said. Mr. Ye’s son was taken to a police precinct, where he remained with his mother, Ms. Chu said. Ms. Zhao’s husband had been sent to Ohio for work and had been trying desperately to return to New York all afternoon, Ms. Chu said.

Persons: Lailing Yu, “, ” Ms, Yu, Zhao, Ye, Chu, Ye’s, Zhao’s Locations: Ohio, New York

An Erie County, N.Y., judge on Wednesday set aside the convictions of two men who, despite their protests of innocence, were found guilty in the grisly 1993 murder of a young mother outside Buffalo. Justice Wojtaszek ordered that the two men, Brian Scott Lorenz and James Pugh, be granted new trials in the slaying of the young mother, Deborah Meindl, who was killed in her home in Tonawanda, N.Y. The judge rejected the men’s assertions of innocence. But he ruled that new trials were warranted because of new evidence, and because the original prosecutors had violated rules governing the sharing of evidence. The Erie County District Attorney’s Office said it would be appealing the judge’s decision.

Persons: Justice Paul B, Richard Matt, New York jailbreak, Justice Wojtaszek, Brian Scott Lorenz, James Pugh, Deborah Meindl Organizations: Court, Attorney’s Locations: Erie County, N.Y, Buffalo, New York, Tonawanda

On the second day of his trip to Israel, Mayor Eric Adams of New York City will seek to strike a political balance by meeting with Benjamin Netanyahu, the prime minister, and with leaders of the country’s pro-democracy protest movement. On Tuesday morning, Mr. Adams met with protest leaders, although his office did not specify which leaders or where the meeting was being held, and reporters were barred from attending. Later, at around 5 p.m. local time, Mr. Adams planned to meet with Mr. Netanyahu — part of a routine itinerary for New York mayors who have long visited Israel to show solidarity with Jewish voters in the city. But the political implications of such a meeting may be more fraught than usual, following the move by Mr. Netanyahu and his far-right government to limit the powers of Israel’s judiciary. The rollback, part of a broader fight over the country’s future, has prompted widespread protests among those who fear that Israel is abandoning its democratic traditions.

Persons: Eric Adams, Benjamin Netanyahu, Adams, Netanyahu Organizations: New, Mr, New York, Jewish Locations: Israel, New York City, New

☆ Man Guilty in Attack on Black Lives Matter Protest With Claw and Car
▼ + stars: | 2023-08-21 | by ( Ed Shanahan | More About Ed Shanahan | ) www.nytimes.com time to read: 1 min

A Queens man who menaced a peaceful group of Black Lives Matter protesters with a bladed glove and then drove his car at them faces a long prison term after being convicted on nine attempted murder counts and other charges, officials said on Monday. The man, Frank Cavalluzzi, was found guilty after a two-week jury trial, Melinda Katz, the Queens district attorney, said in a statement. He faces up to 25 years in prison on each of the attempted murder counts, officials said. “A dangerous man is going to jail,” Ms. Katz said. “It’s a good day for New York and the First Amendment.”

Persons: Frank Cavalluzzi, Melinda Katz, Cavalluzzi, ” Ms, Katz, “, ” Locations: Queens, Flushing, New York

The indictment said Mr. Trump and six unnamed co-conspirators had pushed state legislators and election officials to change electoral votes won by Mr. Biden to votes for Mr. Trump. The July indictment accused Mr. Trump, Mr. De Oliveira and Mr. Nauta of trying to delete Mar-a-Lago security footage. Once he was sworn in as president, Mr. Trump reimbursed Mr. Cohen. Rather than publish her account, the tabloid suppressed it in cooperation with Mr. Trump and Mr. Cohen, prosecutors say. The court papers also referred to a payment to a former Trump Tower doorman who claimed that Mr. Trump had fathered a child out of wedlock.

Persons: Donald J, Trump, Trump’s, Jack Smith, Alvin L, Bragg, Joseph R, Biden Jr, Biden, Prosecutors, Mike Pence, Mr, Smith, Walt Nauta, Smith’s, Carlos De Oliveira, De Oliveira, Nauta, ’, Stormy Daniels, Michael D, Cohen, Daniels, Karen McDougal, McDougal, Bragg’s, Juan M, Merchan, “ Trump, Merchan’s, Mimi E, Rocah, Letitia James, James, Donald Jr, Eric, Ivanka Trump, Maggie Haberman, Glenn Thrush, Jonah E, Rebecca Davis O’Brien, Michael Gold, Michael Rothfeld, Ed Shanahan, Richard Fausset, Ashley Wong Organizations: Mr, Capitol, Federal, Court, Congress, Justice Department, Mar, Manhattan, National Enquirer, Trump Tower, U.S, Trump Organization, Trump National Golf Club Westchester, New York, Civil, New, Trump Locations: Manhattan, Lago, United States, Palm Beach, Fla, Mar, New York, Westchester County, Bromwich

Mr. Trump was also charged with attempting to obstruct an official proceeding — the certification of the election results by Congress. The indictment said Mr. Trump and six unnamed co-conspirators had pushed state legislators and election officials to change electoral votes won by Mr. Biden to votes for Mr. Trump. The July indictment accused Mr. Trump, Mr. De Oliveira and Mr. Nauta of trying to delete Mar-a-Lago security footage. Once he was sworn in as president, Mr. Trump reimbursed Mr. Cohen. Rather than publish her account, the tabloid suppressed it in cooperation with Mr. Trump and Mr. Cohen, prosecutors say.

Mr. Trump was also charged with attempting to obstruct an official proceeding — the certification of the election results by Congress. The indictment said Mr. Trump and six unnamed co-conspirators had pushed state legislators and election officials to change electoral votes won by Mr. Biden to votes for Mr. Trump. The July indictment accused Mr. Trump, Mr. De Oliveira and Mr. Nauta of trying to delete Mar-a-Lago security footage. Rather than publish her account, the tabloid suppressed it in cooperation with Mr. Trump and Mr. Cohen, prosecutors say. Mr. Trump faced a second criminal investigation in New York related to financial dealings at a Trump Organization golf course in Westchester County.

☆ Berkshire Hathaway shares are still cheap even at these record levels, Wall Street analysts say
▼ + stars: | 2023-08-07 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Berkshire Hathaway shares just hit a record high on the back of strong second quarter results, but Wall Street analysts believe it's still not too late to buy Warren Buffett's conglomerate. Berkshire's Class A shares climbed as much as 3.2% Monday to hit a record high of $550,660. UBS analyst Brian Meredith said Berkshire shares still trade at an 11% discount to intrinsic value even after the earnings-triggered rally. BRK.A YTD mountain Berkshire Hathaway "We believe that the current share price represents an attractive entry point for long-term investors. KBW's Meyer Shields also raised his Berkshire target price following the holding company's earnings, lifting his objective to $565,000 from $545,000.

Persons: it's, Warren, Brian Meredith, Meredith, Edward Jones, James Shanahan, Berkshire Hathaway, Shanahan, KBW's Meyer Shields, — CNBC's Michael Bloom Organizations: Berkshire Hathaway, Investors, UBS, Berkshire, BNSF Railway Locations: Omaha, Dairy, Berkshire

☆ Warren Buffett's Berkshire Hathaway revealed that consumers are cutting back - and a recession could be the result
▼ + stars: | 2023-08-07 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

Rapid inflation and hikes to interest rates have fanned fears of an economic slowdown or recession. Berkshire Hathaway HomeServices - real estate brokerage revenues fell 22% and after-tax earnings fell 60%, as transaction volumes fell and revenues from mortgage services dropped. - real estate brokerage revenues fell 22% and after-tax earnings fell 60%, as transaction volumes fell and revenues from mortgage services dropped. However, the slowdown in Berkshire's consumer businesses may well signal a broader downturn in consumer spending across the US economy. The Federal Reserve responded by hiking interest rates from nearly zero to north of 5% today.

Persons: Warren, Berkshire Hathaway, Berkshire Hathaway HomeServices, James Shanahan, Edward Jones, They've, they've Organizations: Service, BNSF Railway, Berkshire, Manufacturing, Clayton Homes, Berkshire Hathaway Automotive, Federal Locations: Wall, Silicon, Berkshire, Here's, Forest, McLane

☆ New York City Has ‘Tepid’ Plans for Fixing Rikers, Monitor Says
▼ + stars: | 2023-08-07 | by ( Ed Shanahan | More About Ed Shanahan | ) www.nytimes.com time to read: +1 min

If New York City officials feel any urgency about fixing the persistent problems at the Rikers Island jail complex, they are not showing it, according to a report filed on Monday by the federal official appointed to monitor the lockup. The monitor, Steve J. Martin, writes in the report that the city Correction Department’s most recent efforts toward improving conditions at the Rikers complex have been “haphazard, tepid and insubstantial.”In describing the dysfunction that has come to define the jails, Mr. Martin detailed two episodes that occurred at Rikers in the past several months. One involved a correction officer who stood by as a group of detainees assaulted a man in their unit. The other involved detainees who were pepper sprayed for no reason during an unofficial “hostage drill.”The report’s findings are striking given the increasing possibility that the city could be forced to relinquish at least some control over its jails, which have been troubled for decades and plunged into their latest crisis in March 2020 with the Covid-19 pandemic. A hearing on the future stewardship of the jails is scheduled for Wednesday.

Persons: Steve J, Martin Organizations: New York Locations: New York City, Rikers

☆ Berkshire posts record operating profit, rising rates boost Buffett's returns
▼ + stars: | 2023-08-05 | by ( Jonathan Stempel | ) www.reuters.com time to read: +5 min

"The earnings impact of higher interest rates on investment income is offsetting the economic softness caused by those same rates," he added. Investors closely watch Berkshire because of Buffett's reputation, and because results from the Omaha, Nebraska-based company's operating units often mirror broader economic trends. NOT LOVING VALUATIONSQuarterly operating profit rose 7% to $10.04 billion, or about $6,938 per Class A share, from $9.42 billion a year earlier. Berkshire repurchased $1.4 billion of stock in the quarter, down from $4.4 billion from January to March. Overall profit from Berkshire Hathaway Energy, where Berkshire has a 92% stake, was little changed at $785 million.

Persons: Warren Buffett, Rick Wilking, Berkshire Hathaway, Jim Shanahan, Edward Jones, Buffett, Cathy Seifert, Seifert, PacifiCorp, Jonathan Stempel, Ira Iosebashvili, Angus MacSwan, Jan Harvey, Alistair Bell, Diane Craft Organizations: Berkshire Hathaway Inc, Omaha , Nebraska U.S, REUTERS, Berkshire, Berkshire's Clayton Homes, Profit, BNSF, Forbes, Berkshire repurchased, Apple, Berkshire Hathaway Energy, Occidental Petroleum, Thomson Locations: Omaha , Nebraska, Berkshire, Alleghany, Oregon, An Oregon, Occidental, New York

One of those in the crowd, Josh Ortiz, who lives in the Brownsville section of Brooklyn, said he was at the park to see the two YouTube personalities. “I just came out because I wanted to see them,” Mr. Ortiz, 18, said. “I think a lot of kids thought they could get a free PC or PlayStation and start making money, but I just wanted to see Kai. He’s the biggest Black creator in America right now.”He said things had initially been peaceful but that a few people had “started going crazy.”“It’s between bothersome and funny,” he said. “There was a big explosion just a second ago, but if you know, like I do, that it’s just kids with fireworks, then it gets kind of funny.”Mr. Ortiz said Mr. Cenat deserved some blame for the chaos.

Persons: Josh Ortiz, “, ” Mr, Ortiz, Kai, ”, Mr, Cenat, wasn’t Organizations: YouTube, Best Locations: Brownsville, Brooklyn, America

☆ Bishop Accused of Abuse Gets Married After Bid to Quit Church Is Denied
▼ + stars: | 2023-08-01 | by ( Ed Shanahan | More About Ed Shanahan | ) www.nytimes.com time to read: +1 min

As the leader of a diocese with its headquarters in New York’s capital, Bishop Hubbard was a political as well as a religious figure. In 2004, he was accused of having sexual relationships with several men and a street hustler decades earlier. An outside investigation he requested subsequently cleared him of sexual misconduct. He was informed in March that the Vatican had denied his request, he wrote on Tuesday. “I was encouraged to wait patiently and prayerfully and to continue to abstain from public ministry until seven civil lawsuits against me alleging sexual misconduct had been adjudicated,” he said.

Persons: Bishop Hubbard, “, ”, Vatican Locations: New York’s

☆ New Yorkers Brace for a 2nd Straight Day of Dangerously High Heat
▼ + stars: | 2023-07-28 | by ( Ed Shanahan | More About Ed Shanahan | ) www.nytimes.com time to read: +1 min

A heat advisory indicates potentially dangerous conditions for older and other vulnerable people; an excessive heat warning indicates anyone may be at risk. Although New Yorkers are no strangers to sweltering in summertime, the current hot spell is somewhat unusual: The Weather Service last issued an excessive heat warning for the area in August 2021, Mr. Ramunni said. The heat and humidity were expected to remain oppressive through Saturday evening, when thunderstorms are likely to move through. Central Park was a bit cooler, with the temperature peaking at 92 degrees and the heat index hitting 99. The city’s pools, which open at 11 a.m., will stay open for an extra hour, until 8 p.m., on Friday and Saturday.

Persons: Ramunni, Eric Adams Organizations: Weather Service Locations: New York, United States, New England, Newark , N.J

☆ Ponzi Schemer Freed From Prison by Trump Faces New Fraud Charges
▼ + stars: | 2023-07-19 | by ( Ed Shanahan | More About Ed Shanahan | ) www.nytimes.com time to read: +1 min

A convicted Ponzi schemer, whose prison sentence President Donald J. Trump commuted in one of his last official White House acts, is facing new fraud federal charges of bilking investors in a series of phony deals. The man, Eliyahu Weinstein, a former used car salesman from Lakewood, N.J., was serving a 24-year sentence in connection with two schemes, when Mr. Trump freed him from prison in January 2021. One involved defrauding members of his tight-knit Orthodox Jewish community out of more than $200 million. On Wednesday, federal prosecutors in New Jersey charged Mr. Weinstein, 48, along with four other men, with defrauding at least 150 people out of $35 million. “These were brazen and sophisticated crimes that involved multiple conspirators and drew right from Weinstein’s playbook of fraud,” Philip R. Sellinger, the U.S. attorney for New Jersey, said at a news conference.

Persons: Donald J, Trump, Eliyahu Weinstein, Weinstein, Philip R Organizations: White Locations: Lakewood , N.J, New Jersey, Covid, Ukraine, U.S

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