DIRS.INFO The most relevant business & tech news

Vladimir Pereverzin was imprisoned for seven years in some of Russia's most notorious jails and penal colonies on fabricated charges of embezzlement and fraud. Pereverzin tells Business Insider about life in Russian jails and prisons, including details about police interrogations, solitary confinement, and forced labor. He describes the conditions in prison camps and discusses his time behind bars at several of the penal colonies that also held the Russian opposition leader Alexey Navalny. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.

Persons: Vladimir Pereverzin, Alexey Navalny Organizations: Business Locations: Russian

Dylan Field, co-founder and CEO of Figma, speaks at the startup's Config conference in San Francisco on May 10, 2022. Figma, a cloud-based design tool company, said Thursday it will allow investors, including current and former employees, to sell their shares in a tender offer that values the company at $12.5 billion. That's up 25% from the valuation at which the company fundraised in 2021, but below the $20 billion acquisition offer Adobe made in 2022. Adobe and Figma called off the planned acquisition in December following regulatory scrutiny. In December, a regulatory filing said Adobe would pay Figma a $1 billion breakup fee.

Persons: Dylan Field, Kleiner Perkins, Salesforce, Figma, Morgan, CNBC's Jordan Novet Organizations: Figma, Adobe, Microsoft, Google, Oracle Locations: San Francisco, Sequoia

☆ Shein suppliers work 75-hour weeks, report claims as Chinese fast-fashion giant looks to IPO
▼ + stars: | 2024-05-16 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

As fast-fashion giant Shein prepares for an IPO in the U.S., a new report suggests that workers at some of its suppliers are still clocking 75 hour weeks, despite assurances the company would tighten its labor standards. Following negative press in the wake of the previous report, Shein promised to improve its standards. However, a new survey by Public Eye, which polled 13 workers across six suppliers in China, has found little progress. "I work every day from 8 in the morning to 10.30 at night and take one day off each month. I can't afford any more days off because it costs too much," Public Eye cited one worker as saying.

Persons: Shein Organizations: Public, CNBC Locations: Guangzhou, China's, Guangdong, U.S, Swiss, China

☆ Microsoft offers relocation to hundreds of China-based AI staff amid U.S.-China tech tensions
▼ + stars: | 2024-05-16 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Microsoft has reportedly asked China-based cloud computing and artificial intelligence operations employees to consider relocating out of the country, as Washington cracks down on Beijing's access to the advanced technology. One source told WSJ that Microsoft had made the offer to about 700 to 800 people in total who were involved in machine learning and other work related to cloud computing. In a statement shared with CNBC, a Microsoft spokesperson confirmed that the company had "shared an optional internal transfer opportunity with a subset of employees" without supplying details on the number and affiliation of staff affected. Microsoft employs roughly 7,000 engineers for its Asia-Pacific research-and-development group, with most of this workforce based in China, the WSJ reports. The move comes amid U.S. efforts to prevent China from developing cutting-edge AI technology, which could be used for military purposes.

Organizations: Microsoft, Street Journal, CNBC Locations: China, Washington, U.S, Ireland, Australia, New Zealand, Asia, Pacific

☆ China announces 15-day visa-free stay in select provinces for cruise travelers to boost tourism
▼ + stars: | 2024-05-16 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Adora Magic City, the first made-in-China large cruise ship, waits for its first commercial passengers on the dockyard in Shanghai on January 1, 2024. Travelers entering China via international cruises can stay in select provinces in the country for up to 15 days without a visa, the government said Wednesday, as Beijing attempts to boost its cruise and tourism industry. The regulations require foreigners to enter through one of 13 coastal cruise ports in the country, according to a statement from China's National Immigration Administration (CNI). China's cruise business made major strides this year, with the country's first domestically-built cruise liner, the Adora Magic City, making its first voyage on Jan. 1, according to state-run media. On Wednesday, seven cruise ports were also added as eligible entry points under China's existing visa-free transit policy, on top of the previous 31.

Persons: CNI Organizations: Magic City, Travelers, National Immigration Administration Locations: Magic, China, Shanghai, Beijing

Video footage shows the young man in a white hoodie, identified as Edan On, striking at the barrier around the pro-Palestinian encampment. From Social MediaOn, a local high school senior, was captured on video striking a pro-Palestinian protester with a pole. A pro-Palestinian demonstrator is beaten by counterprotesters attacking a pro-Palestinian encampment set up at UCLA's campus. Etienne Laurent/AFP/Getty ImagesA counterprotester, identified by CNN as Malachi Marlan-Librett, pushes a pro-Palestinian protester in the barrier of the UCLA encampment. Wally Skalij/Los Angeles Times/Getty ImagesMarlan-Librett is seen throwing the bottom of a broom at a pro-Palestinian protester.

Persons: counterprotesters, UCLA –, –, “ Edan, Sharon, Edan, William Gude, “ We’re, counterprotesters calmy, “, ”, Chaim Seidler, Feller, Hillel, On’s, wasn’t, Malachi Marlan, Etienne Laurent, Wally Skalij, Librett, Dolores Quintana, Quintana, ” Dolores Quintana, Tom Bibiyan, Bibiyan, Trump, William Gude Tom Bibiyan, William Gude “, Angie Givant, she’d, Narek Palyan, Palyan, Catherine Hamilton, Hamilton, UCLA’s, Boosinger, ” Dylan Kupsh, ” Kupsh, Kupsh, Audrey Ash, Isabelle Chapman, Scott Glover, Curt Devine Organizations: CNN, UCLA, Fox, Facebook, Israel, Social, Social Media, Los Angeles Police Department, Patrol, UCLA Police Department, Bruins, LA, Key, Beverly Hills High School, Israel Defense Forces, UC Santa Cruz, Getty, Los Angeles Times, ”, Los Angeles Valley College, USC, Green Party, ucla, “, Student, ” Thistle, Thistle Locations: Gaza, Israel, California, Angeles, UCLA's, Los, Los Angeles

☆ Manchester City takes huge step toward fourth consecutive English Premier League title with win against Tottenham
▼ + stars: | 2024-05-15 | by ( Ben Church | ) edition.cnn.com time to read: +3 min

CNN —The celebrations during Manchester City’s 2-0 win against Tottenham on Tuesday were testament to the importance of the high-stakes match as the reigning champion took a huge step towards a fourth straight English Premier League title. But, just as it looked as though City’s title hopes were about to be handed a major blow, Ortega stuck out a strong right leg to block the striker’s shot. Stefan Ortega makes an incredible save from Son Heung-Min to keep City's title hopes alive. However, if Arsenal drops points at home against Everton in its last game, City will win the league regardless of its result. No Premier League team has ever won four consecutive league titles, and the achievement would come after City’s treble-winning feat last season.

Persons: Erling Haaland, Pep Guardiola, ”, “, ” Haaland's, Dylan Martinez, Ange Postecoglou, Haaland, Stefan Ortega, Ederson, Ortega, Dejan Kulusevski, Manuel Akanji, Heung, Son Heung, Min, Marc Atkins, Guardiola, Jérémy Doku, ” Guardiola, ’, Stefan, I’ve Organizations: CNN, Manchester, Tottenham, Premier League, Arsenal, West, Reuters, City, Spurs, Tottenham Hotspur, Getty Images, Ham, Etihad, Everton Locations: West Ham, London, ”

☆ China drives EV boom this year amid strong demand for hybrid vehicles
▼ + stars: | 2024-05-14 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

Nurphoto | Nurphoto | Getty ImagesElectric vehicle sales have risen sharply this year, led by growth in China and a strong demand for hybrid vehicles in particular, according to a report from Counterpoint Research. Sales of hybrid vehicles, which have both electric motors and combustion engines, vastly outpaced those of full battery-powered alternatives, rising 46% year over year. China extends leadChinese companies have been a huge beneficiary of the rise in demand for electric vehicles, especially firms that sell both BEVs as well as hybrids. According to Counterpoint, EV sales in China jumped 28% in the first quarter of 2023, amid an ongoing price war that has pushed down costs for consumers. But, while overall EV sales in the U.S. rose 2%, those of battery electric vehicles declined by 3% in the quarter.

Persons: BEV, Abhik Mukherjee, Tesla Organizations: Nurphoto, Getty, Counterpoint Research, EV, Geely Holdings, Li Auto, Volkswagen Locations: Lianyungang Port, Jiangsu Province, China, United States, Europe, U.S

☆ U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base
▼ + stars: | 2024-05-14 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

US Treasury Secretary Janet Yellen delivers remarks at the Treasury Department's Committee on Foreign Investment in the United States conference at the Treasury Department in Washington, DC, on September 14, 2023. U.S. President Joe Biden issued an order on Monday forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming nuclear missile base, citing national security concerns. The company, MineOne, acquired the real estate in June 2022, placing its operations within a mile of the Francis E. Warren Air Force Base, a "strategic missile base and key element of America's nuclear triad," according to the White House. The company's site contained "specialized and foreign-sourced equipment potentially capable of facilitating surveillance and espionage activities," the presidential order said. MineOne was ordered to divest from the land in the next 120 days, and to remove certain improvements and equipment at the property.

Persons: Janet Yellen, Joe Biden, Francis E, Biden, MineOne Organizations: Treasury, Foreign Investment, United States, Treasury Department, Warren Air Force Base, British Virgin Islands Locations: Washington ,, Wyoming, British, United States, U.S

☆ Daniel Kramer, Who Photographed Bob Dylan’s Rise, Dies at 91
▼ + stars: | 2024-05-14 | by ( Alex Williams | ) www.nytimes.com time to read: +1 min

Daniel Kramer, a photojournalist who captured Bob Dylan’s era-tilting transformation from acoustic guitar-strumming folky to electric prince of rock in the mid-1960s, and who shot the covers for his landmark albums “Bringing It All Back Home” and “Highway 61 Revisited,” died on April 29 in Melville, N.Y., on Long Island. His death, in a nursing home, was confirmed by his nephew Brian Bereck. Rolling Stone magazine once described Mr. Kramer as “the photographer most closely associated with Bob Dylan.” But that designation seemed highly improbable at the outset. Although Mr. Dylan had already begun his rise to global fame — he released his third album, “The Times They Are a-Changin’,” in early 1964 — Mr. Kramer knew little about him. That changed in February 1964, when he watched the 22-year-old Mr. Dylan perform his rueful ballad “The Lonesome Death of Hattie Carroll” on “The Steve Allen Show.” The song details a real event in which a Black woman died after being struck with a cane by a wealthy white man at a white-tie Baltimore party.

Persons: Daniel Kramer, Bob Dylan’s, ”, Brian Bereck, Kramer, Bob Dylan, Dylan, —, Mr, Hattie Carroll ”, Steve Allen Organizations: Stone, Baltimore Locations: “, Melville , N.Y, Long, ”

☆ Uber to acquire Foodpanda's Taiwan business for $950 million, creating a potential monopoly
▼ + stars: | 2024-05-14 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

(Photo by Walid Berrazeg/SOPA Images/LightRocket via Getty Images)Uber Technologies will acquire the Taiwan business of Delivery Hero -owned Foodpanda for $950 million in cash, as Foodpanda focuses on other markets. In a separate agreement, Delivery Hero will sell $300 million in newly issued ordinary shares to Uber. Taiwan's food delivery market is dominated by Foodpanda and Uber Eats. Delivery Hero said in February it had ended talks to sell its Foodpanda business in selected Southeast Asian markets. Östberg told CNBC the same month that the firm was "happy" to hold on to its Foodpanda business in Southeast Asia "forever."

Persons: Walid Berrazeg, Niklas Östberg, Pierre, Dimitri Gore, Uber, Foodpanda, Östberg, – CNBC's Ryan Browne, Dylan Butts Organizations: Getty, Technologies, Coty, Foodpanda, CNBC Locations: TAIPEI, TAIWAN, Taipei, Taiwan, Asia, Singapore, Malaysia, Thailand, Philippines, Hong Kong, Southeast Asia

Cohen’s testimony ties together the prosecution’s allegations that Trump broke the law by falsifying business records to reimburse Cohen and conceal the hush money payment that Cohen said he made at Trump’s direction. Cohen described his conversations with Trump during the Daniels hush money negotiations, which prosecutors backed up using Cohen’s phone records to show when the two had spoken. Trump,” Cohen said. “Reimbursement of my money,” Cohen said. They joined Trump for the high-profile Cohen testimony, sitting in the gallery behind the former president at the defendant’s table.

Persons: CNN — Michael Cohen, Donald Trump, Stormy Daniels, Trump, Cohen, Daniels, Susan Hoffinger, Todd Blanche, perjurer, David Pecker, Keith Davidson, Karen McDougal, Pecker, Davidson, Dylan Howard, Hope Hicks, “, ” Cohen, ”, Hoffinger, ” Hoffinger, “ Mr, Michael Cohen's, Melania, CNN “, Trump’s, reimbursements Cohen, Allen Weisselberg, Weisselberg, “ David Dennison ”, Peggy Peterson ”, would’ve, ” –, McDougal, glanced, Hicks, Madeleine Westerhout, Cohen’s, wasn’t, Juan Merchan’s, Eric Trump, Susie Wiles, Sen, Rick Scott, J.D, Vance of Ohio, Tommy Tuberville, Nicole Malliotakis, Alina Habba Organizations: CNN, Trump, National Enquirer, Melania Trump, New York, Republican Locations: Yom Kippur, –, Trump, Cohen’s, Republic, Manhattan, Florida, Alabama, Staten, Iowa

Here are the takeaways from day 15 of the Trump hush money trial:Cohen is on deckCohen is expected to take the stand Monday, putting him face-to-face with his former boss. With Cohen’s testimony implicating Trump, however, comes all of the baggage that accompanies the former president’s longtime fixer. Judge to Cohen: Please stop talkingAhead of Cohen’s expected testimony, Trump attorney Todd Blanche urged Judge Juan Merchan to order Cohen to stop talking about the trial and Trump. Video Ad Feedback Pollster: Trump's trial won't affect votes in November 03:46 - Source: CNNMerchan has already said he cannot gag witnesses in the case. Prosecutors introduce key text and call records into evidenceAfter Westerhout left the stand, prosecutors spent the rest of the day calling a series of custodial witnesses to introduce cell phone records into evidence.

Persons: Donald Trump’s, Michael Cohen, Trump’s, Stormy Daniels, Trump, Cohen, Daniels, He’s, Alvin Bragg’s, Cohen’s, Todd Blanche, Judge Juan Merchan, Blanche, ” Blanche, Joshua Steinglass, ”, CNN Merchan, Merchan, “, ” Cohen, White, Madeleine Westerhout, Susan Necheles, Westerhout, didn’t, ” Westerhout, she’d, Allen Weisselberg, ” Necheles, she’s “, Weisselberg, Cohen reimbursements, Stormy Daniels ’, Gina Rodriguez, Dylan Howard, Howard, Rodriguez, David Pecker, “ We’re, ” Rodriguez texted Howard, “ Keith, Davidson, ” Howard, ” Rodriguez, Steinglass, ” Merchan, wasn’t Organizations: CNN, White, Prosecutors, Trump, Manhattan, White House, Trump Org ., National Enquirer, American Media Inc, Trump Org Locations: Manhattan

☆ How Corporate America is rethinking its sustainability and diversity efforts
▼ + stars: | 2024-05-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at how Corporate America is rethinking its sustainability and diversity efforts amid a push to avoid being labeled "woke." The rallying cry against companies' progressive campaigns is starting to leave a mark on Corporate America. AdvertisementAfter years of big promises and grand plans around social issues like diversity and sustainability, companies have taken a noticeable step back , Business Insider's Emily Stewart writes. The electric car maker axed more than 3,400 job postings in North America down to just three on Wednesday.

Persons: —, let's, wokening Brooks Kraft, Emily Stewart, Emily, ESG, hasn't, Peter Thiel, Donald Trump's, Bud Light, influencer Dylan Mulvaney, Rock, Saul Loeb, Chelsea Jia Feng, Wall, Warren Buffett, It's, Justin Sullivan, Elon, Eric Schmidt, Steve Mnuchin, Kevin O'Leary, salespeople, BI's Rob Price, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, wokening Brooks Kraft LLC, Corporate America, Trump Media, Getty Images, of America, Berkshire Hathaway's, People's Bank of China, Chelsea, Microsoft, Google, YouTube, Netflix Locations: America, Beijing, North America, New York, London

☆ Corporate America Is Going Un-Woke: Reversing DEI, Sustainability Plan
▼ + stars: | 2024-05-09 | by ( Emily Stewart | ) www.businessinsider.com time to read: +10 min

Plenty of companies are reining in their rhetoric and in some cases action on issues such as sustainability and diversity. Over the past decade, many corporations have at least professed to take a more active role in social issues, under pressure from their customers and, more importantly, employees. After last year's Bud Light debacle, which was a real blow to its business, executives fear they'll be the next target of some anti-woke outcry. For the fourth quarter of 2020, 131 companies mentioned ESG, and 34 mentioned DEI or diversity and inclusion. This may be a great un-wokening, but maybe corporate America was actually never that committed to the idea in the first place.

Persons: Paul Polman, It's, Naomi Wheeless, Eventbrite, Donald Trump, Larry Fink, George Floyd's, ESG, Andrew Jones, there's, Bud Light, influencer Dylan Mulvaney, haven't, Philip Mirvis, Bud, they'll, they'd, Jones, it's, Fink, FactSet, — we're, wasn't, Alison Taylor, University's, we've, Roe, Wade, Taylor, isn't, Dylan Mulvaney, Bud Light's, Kenneth Pucker, Emily Stewart Organizations: Unilever, Unilever wasn't, Unilever isn't, Companies, Business, Sporting Goods, Conference Board's ESG, Morningstar, Babson, AIG, Amazon, ExxonMobil, University's Stern School of Business, Anheuser, Busch, Fletcher School, Tufts University Locations: Plenty, America, ESG, New, Charlottesville

☆ US Air Force team airlifts critically ill passenger from Carnival Venezia in open Atlantic waters
▼ + stars: | 2024-05-08 | by ( Forrest Brown | ) edition.cnn.com time to read: +2 min

CNN —A US Air Force rescue team airlifted a civilian passenger needing urgent medical care this past weekend from a Carnival cruise ship that was hundreds of miles out in open Atlantic waters. The dramatic May 4 medical rescue involved three helicopter air-to-air refuelings to reach the Carnival Venezia, according to a news release from the 920th Rescue Wing. The mission was carried out by two HH-60G Pave Hawk helicopters, two HC-130J Combat King II aircraft and two teams of rescuers. When the aircraft arrived, rescuers were hoisted down from the helicopters and began preparing the patient for transport, the release said. Neither the 920th Rescue Wing nor the cruise line had further information about the patient’s condition or where he was taken for treatment.

Persons: ”, Dylan Gann, CNN’s Karla Cripps Organizations: CNN, US Air Force, Carnival Venezia, 920th Rescue Wing, Venezia, Patrick Space Force, HC, 130J, King, HH, U.S . Department of Defense, 920th, Wing, 301st Rescue Squadron, ” Carnival, CNN Travel, Air Force, US Coast Guard Locations: New York City, Bahamas, Caribbean, Florida, New York

☆ U.S. and China trade divisions threaten a 'reversal' for global economy, IMF official warns
▼ + stars: | 2024-05-08 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

Carlos Barria | Afp | Getty ImagesDifferences between U.S.-led Western and China-aligned economic blocs threaten global trade cooperation and economic growth, a top official with the International Monetary Fund warned on Tuesday. IMF Deputy Managing Director Gita Gopinath said in a speech at Stanford University that events such as the global pandemic and Russia's invasion of Ukraine have disrupted global trade relations in ways not seen since the Cold War. "Increasingly, countries around the world are guided by economic security and national security concerns in determining who they trade with and invest in," she said, adding that this has resulted in countries increasingly picking sides between China and the U.S. Trade between the China and U.S. blocs has declined compared with trade among countries within the groupings, Gopinath said. The U.S. bloc mainly includes Europe, Canada, Australia and New Zealand, while China-leaning countries include Russia, Eritrea, Mali, Nicaragua and Syria.

Persons: Xi Jinping, Carlos Barria, Gita Gopinath, Gopinath Organizations: National Committee, China Relations, China Business Council, Economic Cooperation, APEC, Afp, International Monetary Fund, Stanford University, U.S, IMF, Trade, West Locations: Asia, San Francisco , California, China, Ukraine, Washington, Beijing, U.S, South, Taiwan, Europe, Canada, Australia, New Zealand, Russia, Eritrea, Mali, Nicaragua, Syria

☆ Beer giant AB InBev beats profit estimates, with Bud Light boycott set to ease one year on
▼ + stars: | 2024-05-08 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

AB InBev Budweiser and Bud Light brand beer cans at a store in the Queens borough of New York on Feb. 28, 2024. Shares of Belgium's AB InBev rose 5% Wednesday morning after the company posted higher revenue and profit in the first quarter, as analysts said it had escaped the drag from a year-long boycott of its Bud Light brand relatively unscathed. The company nonetheless managed to increase revenue by 7.8% last year, driven by higher sales in the Asia-Pacific and Central America regions. The first-quarter results showed a 11.1% drop in sales of AB InBev's own beer brands in North America, which it said was primarily due to Bud Light. The results also flagged growth in its Corona brand, particularly for its non-alcoholic beer brand Corona Cero.

Persons: Stella Artois, Bud Light, influencer Dylan Mulvaney, Donald Trump, Jason Warner Organizations: InBev Budweiser, Bud Light, Belgium's, InBev, Light, Corona, Former U.S, InBev's, U.K, Revenue Locations: Queens, New York, Asia, Pacific, Central America, North America, China, Brazil, Colombia, Europe, Mexico, South Africa, Corona

☆ Apple is reportedly developing chips to run artificial intelligence software in data centers
▼ + stars: | 2024-05-07 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

Apple has been developing chips to run artificial intelligence software in data centers, the Wall Street Journal reported Tuesday. Project ACDC (Apple Chips in Data Center), which has been in the works for several years, has no clear timeline, WSJ reported, citing people familiar with the matter. WSJ said Apple's server chip will likely be focused on AI inference, rather than on training AI models — an area which experts have said will continue to be dominated by American chip giant Nvidia. In AI, inference is the process that trained machine learning models use to draw conclusions from brand-new data. Other large tech companies, such as Google, have invested in the development of their own AI inference server chips as part of efforts to untether themselves from chip designers.

Organizations: Apple, Wall Street, Data, Taiwan Semiconductor Manufacturing, Nvidia, Google Locations: American

☆ U.S. wins global leadership approval over China when a Democrat is president, Gallup analysis shows
▼ + stars: | 2024-05-06 | by ( Dylan Butts | ) www.cnbc.com time to read: +2 min

Saul Loeb | Afp | Getty ImagesMost countries prefer alignment with the U.S. over China when the White House is occupied by a Democrat, according to Gallup poll data going back to 2007. "Significantly more countries seem to prefer U.S. leadership over Chinese leadership, at least under Democratic administrations," Gallup said in its report released Monday, adding that a Republican executive comes with a "net approval disadvantage." According to Gallup, the "bounce-back" under the Biden administration suggests that the U.S.'s net approval advantage over China is resilient, especially when accounting for more strongly aligned groups. China's favorability peaked in 2007 as it emerged on the global stage, but increased familiarity with Beijing has not boosted its appeal, Gallup said. Meanwhile, U.S. leadership has enjoyed a general net approval rate under the Biden and Obama administrations, compared with net disapproval rates under the Trump and last two years of the Bush leadership, the report showed.

Persons: Xi Jinping, Joe Biden, Saul Loeb, Gallup, Trump, George Bush, Barack Obama, Biden, Obama, Bush Organizations: Afp, Getty, U.S, Democratic, Republican, Gallup, Biden, Trump, Pew Research Locations: Nusa Dua, Indonesian, Bali, China, Beijing, Trump

☆ Trump trial resumes after infamous Cohen phone call tape is played for jury
▼ + stars: | 2024-05-03 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Former U.S. President Donald Trump attends the first day of his trial for allegedly covering up hush money payments at Manhattan Criminal Court on April 15, 2024 in New York City. The lawyer, Keith Davidson, negotiated six-figure hush money deals for porn star Stormy Daniels and former Playboy model Karen McDougal ahead of the 2016 presidential election. On the night Trump won that election, Davidson texted the Enquirer's then-editor in chief, "What have we done?" But he added that he and the top editor, Dylan Howard, understood at the time that "our activities may have in some way assisted the presidential campaign of Donald Trump." Jurors heard a recording of Trump saying asking Cohen, "So what do we got to pay for this — 150?"

Persons: Donald Trump, Keith Davidson, Stormy Daniels, Karen McDougal, Trump, Daniels, Attorney Alvin Bragg, Judge Juan Merchan, Merchan, Davidson, Trump's, Michael Cohen, David Pecker, Dylan Howard, Douglas Daus, Cohen, McDougal Organizations: U.S, Manhattan Criminal, Prosecutors, New, Trump, Manhattan, Attorney, National Enquirer, American Media Locations: New York City, New York

☆ Who is Hope Hicks, longtime Trump aide who is testifying in NY hush money case?
▼ + stars: | 2024-05-03 | by ( Michelle Shen | ) edition.cnn.com time to read: +8 min

Washington CNN —Hope Hicks, once a longtime trusted aide in Donald Trump’s inner circle, is testifying Friday in the New York hush money trial after being subpoenaed. As CNN reported previously, Hicks appeared before the grand jury last year before Trump was indicted, as did Trump counselor Kellyanne Conway. According to reporting from “The Divider: Trump in the White House, 2017-2021,” Trump is quoted as saying, “Well, Hope doesn’t believe in me.”“No, I don’t,” Hicks replied, according to the book. “Nobody’s convinced me otherwise.”In October 2022, Hicks testified before the House select committee investigating the January 6, 2021, Capitol riot. In a video clip played by the committee, Hicks testified about a conversation she had with Trump after the election, regarding his baseless claims of election fraud.

Persons: Washington CNN — Hope Hicks, Donald Trump’s, “, ” Hicks, Hicks, Trump, Kellyanne Conway, Cohen, Stormy Daniels, Rob Porter, Trump’s, Porter, ” Trump, Hope doesn’t, ”, “ Nobody’s, Trump “, ’ ” Hicks, Daniels, ” Cohen, Prosecutors, upended, –, David Pecker, Dylan Howard, Stephanie Clifford, I’ve, Sheila Jackson Lee, Jerry Nadler, Nadler, ’ Organizations: Washington CNN, CNN, Trump, Trump Organization, White, House Intelligence, Fox News, Trump White, House, Capitol, Politico, US, of, American Media Inc, AMI, National Enquirer, FBI, ” Prosecutors, Democratic Rep, New York Democrat Locations: New York, Southern, of New York, Trump’s

☆ China is an enemy of the U.S. for a growing number of Americans, Pew poll shows
▼ + stars: | 2024-05-02 | by ( Dylan Butts | ) www.cnbc.com time to read: +1 min

The flag of the United States of America and the flag of the Republic of China. Americans overwhelmingly hold an unfavorable view of China, with an increasing number labeling the nation as an enemy of the United States, according to a Pew Research Center survey released Wednesday. Half the respondents identified China as a competitor, while 6% saw it as a partner to the U.S. The polling results come at a contentious time between the world's top two economies and ahead of the U.S. presidential elections. The survey also found that those who say the current U.S. economic situation is bad are more likely to blame China and hold unfavorable opinions of the country.

Persons: Joe Biden, Donald Trump, ByteDance, Pew Organizations: Pew Research Center, D.C, U.S, Democratic Locations: United States, America, Republic of China, China, Washington, U.S

☆ Opinion: How one text exchange gave Trump an ominous day in court
▼ + stars: | 2024-05-02 | by ( Opinion Norman Eisen | ) edition.cnn.com time to read: +4 min

Norm Eisen Courtesy Norm EisenIn Donald Trump’s Manhattan election interference trial, the case is coming in better than expected, and that is ominous for the former president. The prosecution asked Davidson to explain the meaning of a text he had sent to Howard that evening. As the election was about to be called for Trump, Davidson sent a text to Howard asking, “What have we done?”Prosecutor Joshua Steinglass asked Davidson what the meaning of those words were. It also highlighted the stakes here: Unlike Trump’s 2020 election interference cases pending in Georgia and federal court, the unlawful effort to impact the election alleged in this case might have actually worked. I was watching the jury closely when Davidson spoke, and they were riveted.

Persons: Norman Eisen, “, Donald Trump, CNN CNN —, Norm Eisen, Donald Trump’s, Keith Davidson, Davidson, Karen McDougal, Stormy Daniels, Trump, Michael Cohen, Daniels, David Pecker, Cohen, Dylan Howard —, Howard, Joshua Steinglass, ”, Matthew Colangelo Organizations: CNN, CNN CNN, American Media, Inc, National Enquirer, Trump, Twitter Locations: ”, Donald Trump’s Manhattan, Georgia

☆ Live Updates: Stormy Daniels's Lawyer to Return to Stand in Trump Criminal Trial
▼ + stars: | 2024-05-02 | by ( Matthew Haag | ) www.nytimes.com time to read: +6 min

Mr. Trump, 77, is charged with falsifying 34 business records to hide the payment to Ms. Daniels. He has denied the felony charges, and having had sex with Ms. Daniels and Ms. McDougal. The tabloid had agreed to buy negative stories about Mr. Trump and then bury them. Image Michael D. Cohen, Mr. Trump’s former fixer, was the point of contact for a lawyer seeking to sell stories. Mr. Trump, the presumptive Republican nominee, is planning rallies in Wisconsin and Michigan — both battleground states — on Wednesday.

Persons: Donald J, Trump, Juan M, Trump’s, Stormy Daniels, Keith Davidson, Karen McDougal, she’d, Daniels, McDougal, Davidson, Dylan Howard, . Bauer, Griffin, ”, Howard, Mr, Ms, Michael D, Cohen, Justice Merchan, Michael Cohen, Gary Farro, Dave Sanders, Todd Blanche, Farro, Blanche, Cohen “, Melania Trump, Barron’s, Merchan Organizations: National Enquirer, Trump, Trump . Credit, Getty, Trump Organization, First Republic Bank, The New York Times, Prosecutors, SPAN, Republican Locations: Los Angeles, Trump ., Wisconsin, Michigan

Search resuls for: "Dylan"

25 mentions found