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NEW YORK (AP) — National Rifle Association CEO Wayne LaPierre acknowledged at a civil trial Monday that he wrongly expensed private flights for his family and accepted vacations from vendors doing business with the nonprofit gun rights organization without disclosing them. The New York attorney general sued the 74-year-old CEO and three co-defendants in 2020, claiming widespread misspending and self-enrichment among certain NRA leaders. “I now know there was a limit of $25,” for NRA-sponsored gifts, LaPierre said. “They weren’t gifts; they were work items for me.”LaPierre also acknowledged authorizing private helicopter flights for NRA executives to and from the Texas Motor Speedway during NASCAR events. The attorney general’s office is calling for restitution and financial penalties for NRA officials who improperly profited from the organization's activities.

Persons: Wayne LaPierre, LaPierre, “, ”, hadn’t, ” LaPierre, Sandy, Andrew Arulanandam Organizations: Rifle, NRA, New, Texas Motor Speedway, NASCAR, NFL, Elementary Locations: Manhattan, New York

☆ Microsoft CEO responds to AI-generated Taylor Swift fake nude images
▼ + stars: | 2024-01-29 | by ( Kat Tenbarge | ) www.cnbc.com time to read: +3 min

Microsoft CEO Satya Nadella said Friday that the company has to "move fast" on combatting nonconsensual sexually explicit deepfake images, after AI-generated fake nude pictures of Taylor Swift went viral this week. "Yes, we have to act," Nadella said in response to a question about the deepfakes of Swift. "I think we all benefit when the online world is a safe world. X didn't respond to an NBC News request for comment about the deepfake images of Swift, while the singer's representative declined to comment on the record. We have investigated these reports and have not been able to reproduce the explicit images in these reports.

Persons: Satya Nadella, Taylor Swift, Lester Holt, Nadella, Swift, Bing Organizations: NBC News, NBC, Microsoft, Media, Media Microsoft

☆ Joe Manchin could upend Biden’s reelection campaign – and blow up No Labels along the way
▼ + stars: | 2024-01-28 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

Some around Biden agree Manchin may have a point in how to make the pitch. As Biden tries to assert the success of his presidency, Manchin says he shaped “everything” in the president’s agenda. “It’s been far less organized than he expected it to be” and “he doesn’t see a plan coming together,” a person familiar with Hogan’s thinking told CNN. “No matter what side of the fence you might be on, where you are for philosophically, we learned to navigate that,” he told CNN. Several anti-Trump Republicans who listened to Manchin’s speech told CNN they were happy to hear him.

Persons: CNN — Sen, Joe Manchin, Privately, Joe Biden, Donald Trump, Manchin, there’s, Vermont Sen, Bernie Sanders, Biden, Sanders, hadn’t, ” Manchin, ”, Trump, “ He’s, Larry Hogan, –, “ It’s, “, hasn’t, Connecticut Sen, Joe Lieberman, Pat McCrory, Mark Penn, Nancy Jacobson, Ryan Clancy, Chris Christie, Heather Bresch, Bresch, Tom Reed, ” Reed, Bernie Sanders Manchin’s, codifying Roe, Wade, Roe, Machin, Saint Anselm Organizations: CNN, West Virginia Democrat, Biden, Trump, Democratic, Trump Republicans, Senate, White House, Washington, Democrat, Republican, North Carolina Gov, White, Representatives, Justice Department, New, New York Rep, Manchin, Saint Anselm College Locations: New Hampshire, South Carolina, Georgia, Vermont, Maryland, Dallas, Connecticut, North Dakota , New York , Florida , Texas, Hawaii, New Jersey, Manchin’s New Hampshire, Texas, Manchester, Washington, Saint, Unfazed

☆ 10 of our stocks report earnings next week. Here's what we want to see from each
▼ + stars: | 2024-01-27 | by ( Zev Fima | ) www.cnbc.com time to read: +16 min

All three major averages posted gains for the third consecutive week, lifted by solid quarterly earnings and positive economic data. Earnings season ramps up next week, with five of the Super Six mega-cap stocks delivering results. Employment numbers are the most important economic data, with Friday's January nonfarm payrolls report carrying the most weight. The January ISM Manufacturing report on Thursday and December's factory orders report Friday are expected to show the sector still in contraction mode. But earnings and commentary this week from peer Sartorious made us encouraged about a return to growth in 2024.

Persons: nonfarm, December's, Sartorious, We've, Stanley Black, Decker, We're, We'd, Royal Philips, Crane, Woodward, ServisFirst, Cadence Bancorporation, CADE, Johnson, Phillips, Avery Dennison, Columbus McKinnon, Robinson, SIRI, Cardinal Health, Parker, DOV, Pitney Bowes, Ferrari N.V, CSW, COLM, W.W, Grainger, Dwight Co, Jim Cramer's, Jim Cramer, Jim, Tim Cook, Justin Sullivan Organizations: Gross, Procter, Gamble, Gillette, Super, Consumer, JPM Healthcare, Amazon, Microsoft, Honeywell, Aerospace, Solutions, Apple Watch, Masimo, Vision Pro, Franklin Resources, Resource Partners, Bank of Marin Bancorp, Bank7 Corp, Pacific Premier Bancorp Inc, Provident Financial Holdings, Dynex, Cliffs Inc, Nucor Corp, Whirlpool Corp, F5 Networks, Capital Southwest Corp, Harbors Investment Corp, Crane Co, Payne, Equity, Heartland Financial, Cadence, FinWise Bancorp, Five Star Bancorp, PotlatchDeltic Corporation, Sanmina Corporation, Pfizer, General Motors Corp, United Parcel Service, JetBlue Airways Corporation, Smith Corp, Marathon Petroleum Corp, HCA Healthcare, Oshkosh Corporation, SYSCO Corp, Danaher Corp, Johnson Controls, M.D.C . Holdings, Commvault Systems Inc, Hope Bancorp, Hubbell Incorporated, Malibu Boats, Polaris Industries, Inc, Camden National Corp, Cambridge Bancorp, Microsoft Corp, Starbucks Corp, Devices, Electronic Arts Inc, Juniper Networks, Stryker Corp, Lending, Canadian, Canadian Pacific Kansas City Limited, Mondelez, Chubb Corporation, Modine Manufacturing, Partners, Management, Hawaiian Holdings, Manhattan Associates, Unum Group, UNM, Axos, Enova, Boston Properties, Boeing Co, Novo Nordisk, Mastercard Inc, Roper Technologies, Boston Scientific Corporation, MarketAxess Holdings, Fisher, Aptiv PLC, Hess Corp, Nasdaq, United Microelectronics Corp, Rockwell Automation, Teva Pharmaceutical Industries, Ltd, Avery, Avery Dennison Corp, Extreme Networks, Otis Worldwide Corporation, OTIS, Columbus, Columbus McKinnon Corp, Central Pacific Financial Corp, Brinker International, Fortive Corporation, Qualcomm, Technology, Metlife, Hanover Insurance, Barn Holdings, CONMED Corporation, DLH Holdings Corp, Meritage Homes Corporation, Honeywell International, Eaton Corp, Altria, Royal Caribbean Cruises Ltd, Merck, Co, Enterprise Products Partners, Dorian LPG, SiriusXM Holdings, Cardinal, Hannifin Corporation, Allegheny Technologies Incorporated, Tractor Supply Company, Trane Technologies, Dover Corp, Huntington Ingalls Industries, Brunswick Corporation, Dickinson, Canada Goose Holdings, Kirby Corp, WEC Energy Group, WestRock Company, Allegro MicroSystems, Ball Corporation, Broadridge Financial, BrightSphere Investment Group, CMS Energy Corp, Lancaster Colony Corp, Rogers Communications Inc, Sanofi, Apple, Atlassian Corporation, United States Steel Corp, Corp, Adtalem Global, Homes, DXC Technology Company, Eastman Chemical Company, Gen, Post Holdings, America, Columbia Sportswear Company, Exxon Mobil Corp, Chevron Corporation, Myers Squibb Co, CIGNA Corp, Regeneron Pharmaceuticals, Charter Communications, AON, Cboe, Dwight, Banco Santander, Jim Cramer's Charitable, CNBC, Apple Vision, Getty Locations: China, East, United States, Europe, Cleveland, Alexandria, California, Corning, Canadian Pacific, Teradyne, TER, Novo, Hanover, PBI, Skechers U.S.A, Bristol, Chile

☆ Institutions Are (Quietly) Taking Sackler Money
▼ + stars: | 2024-01-25 | by ( Alex Marshall | ) www.nytimes.com time to read: +1 min

When arts organizations began shunning the Sackler family over its role in the U.S. opioid crisis, it wasn’t just American institutions that cut ties. Museums in Britain that had accepted Sackler largess were among the first to take action. After the National Portrait Gallery in London canceled a $1.3 million Sackler donation in 2019, the Tate museum group announced it would not seek any more of the family’s support. Other museums began discussing removing the Sackler name from their walls. According to the Sackler Trust’s latest accounts, which were published this month, the nonprofit committed around 5.2 million pounds, or $6.6 million, in 2022, comprising 66 grants to institutions.

Persons: Sackler, — Organizations: Museums, Tate, Sackler Trust —, Purdue Pharma, Sackler Locations: U.S, Britain, London, British

☆ Amazon’s Ring to shutter video-sharing program popular with police
▼ + stars: | 2024-01-24 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

Authorities seeking Ring surveillance videos must now submit a formal legal request to the company, rather than soliciting footage directly from users through the app, Ring said in a blog post Wednesday. Hundreds of law enforcement agencies have struck up partnerships with Ring, according to a tracker maintained by the consumer advocacy group Fight for the Future. But, he warned, it would not necessarily stop police from continuing to persuade Ring users to voluntarily give up their rights. Police are able to contact Ring users off the app. And Ring users can still decide if they want to voluntarily send video, sounds or images from their Ring devices to law enforcement.

Persons: ”, Evan Greer, Matthew Guariglia, Guariglia, didn’t, Ring, Massachusetts Democratic Sen, Ed Markey, “, enforcement’s Organizations: CNN, “, Electronic Frontier Foundation, Police, Fraternal, of Police, EFF, Massachusetts Democratic Locations: Massachusetts

☆ Why China poses a growing threat to the U.S. auto industry
▼ + stars: | 2024-01-22 | by ( Michael Wayland | ) www.cnbc.com time to read: +7 min

Tesla CEO Elon Musk, whose company operates a large plant in China, has said Chinese automakers are the greatest competitors for his Texas-based company. "They were 26% [market share] a few years ago, up to more than 50% in 2022 and headed towards two-thirds by the end of the decade." Chinese companies have begun expanding into Mexico, Europe and elsewhere, Wakefield said. The EU believes Chinese EVs are undercutting the prices of local models by about 20% in the European market. The influx of Chinese EVs has spurred the European Union to launch into government support for the industry.

Persons: —, Carlos Tavares, Elon Musk, Tesla, Musk, BYD, Massimo Pinca, Reuters BYD, Kristin Dziczek, Mathew Vachaparampil, Bernstein, Eunice Lee, Mark Wakefield, Evelyn Cheng, hasn't, Wakefield, That's Organizations: GM, Shanghai International Automobile Industry, National Exhibition, Convention Center, Visual China, Getty, DETROIT, American, of, SAIC, Dongfeng, General Motors, U.S . Bureau, Analysis, America —, Chrysler, America's GM, Ford Motor, automakers, The New York Times, Economist, Reuters, Federal Reserve Bank of Chicago's, Caresoft, Overseas, Chicago, CNBC, European Union, EU, Union, Volvo, Karma, Ford, U.S, Buick, Lincoln Nautilus Locations: Shanghai, U.S, of China, Asia, Europe, China, Japan, Nio, Mexico, Korea, Germany, Beijing, Texas, Turin, Italy, Federal Reserve Bank of Chicago's Detroit, AlixPartners, Russia, America

There's no longer a nationwide right to abortion and 14 states have bans on abortion at all stages of pregnancy. Colorado has become an island of abortion protections as surrounding states installed restrictions after Roe was overturned. Since 2022, abortion rights supporters have prevailed on all seven statewide ballot measures. Democrats control both chambers of the Legislature and the governor's office and, under state law, abortion is allowed at any point throughout pregnancy, if it's deemed necessary by a doctor. MISSOURI ACTIVISTS CHOOSE AN AMENDMENT TO SUPPORTA coalition of abortion rights supporters in Missouri decided last week which of 11 amendment proposals to support.

Persons: Court's Roe, Wade, Roe, It's, Joe Biden's, ”, Nicole Hensel, Monday's Roe, it's, Tony Evers, BIDEN, what's, Biden, that’s, Trisha Ahmed, Jesse Bedayn Organizations: U.S, Life, MARYLAND, Colorado Capitol, New, Abortion, GOP, Democrat, U.S . Department of Health, Human Services, Republican, Associated Press Locations: U.S ., Washington, St, Paul , Minnesota, Colorado, Maryland, New York, WISCONSIN, MAINE, Maine, Wisconsin, MISSOURI, Missouri, Oklahoma, Minneapolis, Denver

☆ China's rapidly dwindling future will shape the world for decades to come
▼ + stars: | 2024-01-21 | by ( Linette Lopez | ) www.businessinsider.com time to read: +14 min

Everything was getting bigger — its cultural influence, geopolitical ambition, population — and seemed poised to continue until the world was remade in China's image. But now China's economy is withering, and the future Beijing imagined is being cut down to size along with it. What Beijing does — or fails to do — to fight this malaise will determine the course of humanity for decades to come. China's deflation worries started in earnest in the summer. Years of overbuilding — by about double the population, according to some estimates — and slowing population growth caused prices to collapse .

Persons: Minxin Pei, there's, Charlene Chu, Autonomous Research Charlene Chu, Chu, Wei Yao, Générale, I'm, Ben Bernanke, Bernanke, Xi Jinping, Xie Huanchi, Société Générale's Yao, Yao, It's, —, aren't, Logan Wright, Wright, Xi doesn't, Jinping, it's, Xi, Claremont's Pei, magnanimity Organizations: Claremont McKenna College, Autonomous Research, Federal Reserve, Getty Images Japan, Chinese Communist Party, Xi, CCP Locations: China, Beijing, dauphin, Xinhua, Japan, Xi's China, East Asia, Taiwan, Europe

He has ensured this with the Ram Temple,” said Nilanjan Mukhopadhyay, an expert in Hindu nationalism and author of a book on Modi. Modi’s Hindu nationalist party is expected to once again exploit religion for political gain in the upcoming national elections in April or May and secure power for a third consecutive term. The mosque was demolished by Hindu mobs in December 1992, sparking nationwide riots that killed more than 2,000 people, mostly Muslims. That fraught history is still an open wound for many Muslims, and some say the temple is the biggest political testament yet to Hindu supremacy. Modi has released postage stamps on Ram Temple, and live screenings of the ceremony are planned across the country.

Persons: Narendra Modi, Lord Ram, Modi, ”, Nilanjan Mukhopadhyay, Modi's, ” Mukhopadhyay, “ Modi, Ram, Salam, ” Salam, revivalism —, “ Organizations: DELHI, —, Indian, Modi, Bharatiya Janata Party, Ram, BJP Locations: India, Ayodhya —, Ayodhya, Babri, Gujarat, Babri Mosque, Hindu India

☆ New Mosque Construction in India's Ayodhya to Begin in May, Muslim Group Says
▼ + stars: | 2024-01-20 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

The dispute had scarred relations between the communities for decades and the destruction of the mosque sparked nationwide riots that killed 2,000 people, mostly Muslims. India's top court said in 2019 that the razing of the mosque was unlawful, but ruled that evidence showed there was a non-Islamic structure beneath it. It ordered that the site be given to Hindu groups to build a temple and Muslim community leaders be given land elsewhere in the city for constructing a mosque. While construction of the $180 million temple began within months and the first phase is set to open on Monday, Muslim groups have struggled to raise funds and begin work at a desolate site about 25 km (15 miles) away. A crowd-funding website is expected to be launched in the coming weeks, said Shaikh, who is also a BJP leader.

Persons: Shivam Patel, Haji Arfat Shaikh, Ram, Zufar Ahmad Faruqi, Narendra Modi's, Athar Hussain, Shaikh, Muhammed bin Abdullah, Prophet Mohammad, Babur, YP Rajesh, Raju Gopalakrishnan Organizations: DELHI, Islamic Cultural Foundation, Narendra Modi's Bharatiya Janata Party, BJP, YP Locations: Indian, Ayodhya, India's, India, Babri

☆ Factbox-What Are the Contentious Events Behind India's New Ram Temple?
▼ + stars: | 2024-01-20 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +3 min

(Reuters) - Indian Prime Minister Narendra Modi will lead a ceremony on Monday to consecrate a grand new temple to the Hindu god-king Ram, delivering on a campaign promise his political party made more than three decades ago. Legal battles ended in 2019 with the Supreme Court deciding to allow a Hindu temple to be built there, on condition that Muslims received another plot to build a mosque. In Dec. 1949, authorities seized the mosque after Hindu activists placed idols of Ram inside the disputed structure. Hindu and Muslim groups tried unsuccessfully to resolve the dispute through talks, before Modi's Hindu nationalist Bharatiya Janata Party (BJP) launched a nationwide campaign in 1990 to build the temple. He rode to the office of prime minister in 2014 on a Hindu nationalist platform that included the promise to build the temple.

Persons: Narendra Modi, Ram, Modi, Modi's, Nripendra Misra, Lord Vishnu, Babur, India's, Lal Krishna Advani, Krishn Kaushik, Krishna Das, YP Rajesh, Clarence Fernandez Organizations: Reuters, Indian, Bharatiya Janata Party, BJP, YP Locations: India, Ayodhya, Uttar Pradesh, New Delhi, Gujarat

☆ Religious Spectacle to Mark Opening of Ram Temple by India's Modi
▼ + stars: | 2024-01-20 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +4 min

It is also being seen as the virtual launch of the deeply religious strongman Modi’s re-election campaign for general elections due by May. India's majority Hindus say the site is the birthplace of Lord Ram, and was holy to them long before Muslim Mughals razed a temple at the spot and built the Babri Masjid or mosque there in 1528. Some of India’s top business leaders, movie actors and sportspersons have also been invited for the consecration, organisers said. The inauguration has also sparked a political controversy with major opposition parties, including the main opposition Congress, declining invitations to attend saying it had been converted into a political, Modi event. “The construction of the temple is going on as per the direction of the Supreme Court, so we welcome it.

Persons: Saurabh Sharma, Rajesh AYODHYA, Lord Ram, Narendra Modi, Modi’s, Modi, ” Modi, “, ”, Prithvi Datta Chandra Shobhi, Zufar Ahmad Faruqi, Shivam Patel, YP Rajesh, Raju Gopalakrishnan Organizations: Bharatiya Janata Party, BJP, Supreme Court, Krea University, Islamic, Foundation, YP Locations: India, Ayodhya

☆ This train goes nowhere. Now it’s a luxury attraction
▼ + stars: | 2024-01-19 | by ( Tom Page | ) edition.cnn.com time to read: +5 min

CNN —South Africa is home to some of the most luxurious, nostalgic train journeys on offer anywhere in the world. But for certain enthusiasts, a train going nowhere is the country’s star attraction. Kruger Shalati: The Train on the Bridge is a hotel in Skukuza in Kruger National Park, one of Africa’s largest game reserves and part of a UNESCO World Heritage Site. “The culture of steam trains and the culture of historical trains I think is beginning to re-emerge,” says Mabena. “We don’t have a moving steam train, but one day, I think we will.”

Persons: Kruger, Jerry Mabena, ” Mabena, ”, Thuli, Mnisi, “, Vusi Mbatha Organizations: CNN, UNESCO, Heritage, Motsamayi Tourism Group, Staff, Kruger, Park, Bridge Gardeners, springbok, Rand, South African Railway Locations: South Africa, Skukuza, Kruger, Selati

☆ Egg prices are on the rise again. Here's why
▼ + stars: | 2024-01-19 | by ( Greg Iacurci | ) www.cnbc.com time to read: +1 min

Brandon Bell | Getty Images News | Getty ImagesEgg prices are on the rise again, after having fallen from record highs in 2023. Average egg prices jumped 8.9% from November to December, following a 2.2% rise the prior month, according to the consumer price index. December's egg price move was the largest relative to other items in the CPI basket, which measures prices of everything from concert tickets to furniture, electricity and prescription drugs. There are more than 368 million egg-laying chickens in the U.S., the USDA said. At the time, a farm group alleged that price gouging and profiteering among major egg suppliers also drove high prices in 2022, though some economists were skeptical that factor was at play.

Persons: Brandon Bell, Matthew Hatcher, Rispoli Organizations: Kroger, Getty, U.S . Department, Labor, Afp Locations: Houston , Texas, U.S

Beshear's national profile rose after his convincing reelection win over GOP challenger Daniel Cameron last November. The newly formed 501(c)(4) group called “Heckbent” will promote key Beshear proposals by supporting grassroots advocacy, said Eric Hyers, his chief political strategist. There was no such group to promote Beshear's agenda during his first term, when his notable legislative successes often were overshadowed by his many policy disputes with GOP lawmakers. The governor's record of legislative achievements is more checkered — something the new group will try to change with messaging that could focus on areas represented by GOP lawmakers. He's so far failed to persuade lawmakers to appropriate state funds to provide preschool for every Kentucky 4-year-old.

Persons: Andy Beshear, Daniel Cameron, Beshear, Eric Hyers, ” Hyers, Donald Trump, He's, David Osborne Organizations: —, Gov, Republican, State, GOP, supermajorities, GOP House Locations: FRANKFORT, Ky, Kentucky

☆ How to find a reasonably-priced and resilient stock amid the rush of earnings reports ahead
▼ + stars: | 2024-01-15 | by ( Michael Khouw | ) www.cnbc.com time to read: +8 min

Strong Balance Sheet: A strong balance sheet is often a primary indicator of a quality company. Consistent Earnings Growth: Quality companies usually exhibit steady and predictable earnings growth. Typewriter manufacturing wasn't a sustainable growth industry regardless of whether it adhered to ESG factors or not. Bear in mind that finding a quality company cheap isn't likely, but we would prefer to avoid crowded (i.e. Even without delving into the quality of management and other factors it's clear that AT & T is not a "quality" company as I defined it above.

Persons: Martin Luther King, Walt Disney Organizations: JPMorgan, Good, Sustainable, Sector, Charter Communications, Comcast, Electronic Arts, Fox Corp, Interpublic, Match, Meta, Netflix, News Corp, Omnicom, Paramount Global, Interactive, Verizon, Walt, Warner Brothers, Apple Locations: America

☆ Why ISIS has unleashed its suicide bombers against Iran
▼ + stars: | 2024-01-14 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +7 min

By the day's end of the day, scores of supporters of the rulers of Iran were dead, and hundreds were injured in a twin suicide bombing. AdvertisementHe was considered a hero, she said, by many in Iran for driving ISIS out of Iraq and helping to defeat them in Syria. Stringer/Anadolu via Getty ImagesIt was the latest in a string of attacks by the ISIS affiliate that has been targeting Iran for five years. The Iranian intelligence ministry sought to blame its old enemy Israel for the atrocity and said one of the bombers had Israeli citizenship, the Times of Israel reported. AdvertisementThey will continue to attempt attacks against Iran "no matter what," Washington Institute for Near East Policy expert, Aaron Zelin, told the VoA.

Persons: Qassem, —, Qassem Soleimani, Kerman, Barbara Slavin, Soleimani, Stringer, Khomeini's, Abdollah Tajiki, Slavin, It's, it's, White, John Kirby, Ayatollah Ali Khamenei, Saudi King Salman, Prophet Mohammed, Salvin, Donald Trump, Aaron Zelin Organizations: Sunni, Service, Revolutionary, Reuters, The Stimson Center, Iran Initiative, Asia Center, ISIS, Anadolu, Getty, Iranian, Ministry of Intelligence, Revolutionary Guard, Saudi, US, UK, Red, Quds Force, The Stimson, Washington Institute for Near East, VoA Locations: Kerman, Iran, Iraq, Syria, Afghanistan, Asia, Kerman City, Tehran, Tajik, Israel, Saudi Arabia, Hormuz, Soleimani, Iranian, Fars, Republic, Yemen, Iran's, United States, al Qaeda, American

☆ How JPMorgan's Bola Oyesanya became the whisperer to rich law firm partners
▼ + stars: | 2024-01-14 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +8 min

One client, a law firm partner, refused to consider Oyesanya's suggestion of alternative investments. AdvertisementBanking to wealthy law firm partners is a desirable niche. Law firm partners averaged $1.12 million in compensation in 2022 according to a survey by recruiter Major, Lindsey & Africa, and top partners in Big Law can make more than $10 million a year. Now global head of JPMorgan's law firm and professional services group, Oyesanya is up against a formidable rival: her former employer. AdvertisementShe plans to strengthen JPMorgan's law firm group with the same ethos: serving customers well to earn their loyalty and their referrals.

Persons: Bola Oyesanya, Oyesanya, Wells, —, We're, Major, Jamie Dimon, Bola, Philip Waxelbaum, Waxelbaum, She, I've, what's Organizations: Citi, JPMorgan, Service, Banking, Big, Financial Times, Wells, Lagos Law School, Ogun University, City Trust Merchant Bank, Partners Locations: Nigeria, Wells Fargo, Lindsey, Africa, York

☆ What’s at stake for the global economy as Taiwan goes to the polls
▼ + stars: | 2024-01-13 | by ( Laura He | ) edition.cnn.com time to read: +7 min

That pushed Taiwan’s trade surplus with China to an enormous $80.5 billion in 2023. For Taiwan, China has been its favorite investment stop for decades. China imports electronic components or precision machine tools from Taiwan, assembles them and exports the finished products to global markets. China may respond to a DPP victory by putting military and economic pressure on the island, Vest said. In 2022, China retaliated after Pelosi’s visit by banning imports of a range of food products from Taiwan.

Persons: Xi Jinping, Lai Ching, Lai, ”, Charlie Vest, Nancy Pelosi’s, Tsai Ing, Kevin McCarthy, they’re, ” Vest, Mike Kai Chen, Vest, there’s Organizations: Hong Kong CNN, Communist Party, Democratic Progressive Party, US, Taiwan’s Ministry of Economic Affairs, Imports, Hsinchu Science, Bloomberg, Getty, Capital Economics, Taiwan Semiconductor Manufacturing Company, Apple, Foxconn, Analysts, Atlantic Locations: China, Hong Kong, Taiwan, Beijing, Taiwan Strait, California, United States, Europe, Japan, South Korea, “ Taiwan, Hsinchu, Hsinchu Science Park

☆ eBay must pay $3 million after its employees sent live spiders and cockroaches to a couple as part of a harassment campaign
▼ + stars: | 2024-01-11 | by ( Associated Press | ) www.businessinsider.com time to read: +6 min

eBay has agreed to pay a $3 million fine after its employees waged a harassment campaign against a Massachusetts couple. The employees sent live spiders, cockroaches, and a bloody pig mask to the couple. AdvertisementOnline retailer eBay Inc. will pay a $3 million fine to resolve criminal charges over a harassment campaign waged by employees who sent live spiders, cockroaches and other disturbing items to the home of a Massachusetts couple, according to court papers filed Thursday. The couple produced an online newsletter called EcommerceBytes that upset eBay executives with its coverage. Wenig, who stepped down as CEO in 2019, was not criminally charged in the case and has denied having any knowledge of the harassment campaign or ever telling anyone to do anything illegal.

Persons: —, David, Ina Steiner, Josh Levy, Devin Wenig, Wenig, James Baugh, Baugh, David Harville, Harville Organizations: eBay, Service, eBay Inc, Justice Department, EBay, Associated Press, Communist Party of Locations: Massachusetts, California, United States, Boston, Wenig

☆ Lawyers place lien on Ye's Malibu home: 'If someone wants to buy Kanye's Malibu home, they'll have to deal with us first.'
▼ + stars: | 2024-01-10 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The lawsuit also alleged that Ye fired Saxon after raising concerns about some of the artist's demands and still had yet to pay Saxon's wages. In December, The Wall Street Journal reported that Ye was selling the Malibu property for $53 million. "So in this case, if someone wants to buy Kanye's Malibu home, they'll have to deal with us first. Ye's employees slept on the floor of his Malibu beach house, according to a lawsuit.

Persons: —, Tony Saxon, Ye, Ron Zambrano, doesn't, there's, Zambrano, Tony, Saxon, Jason Oppenheim Organizations: Service, Business, Street Journal, BI, Malibu, Oppenheim Group Locations: Malibu , California, Malibu, California

☆ Good news, bad news: U.S. emissions shrank last year, but very slowly
▼ + stars: | 2024-01-10 | by ( Evan Bush | ) www.cnbc.com time to read: +4 min

Carbon emissions shrank in 2023 even as the economy grew, a sign the U.S. is plodding toward a more sustainable future. "This is the first time since 2019 that the economy has grown while emissions have fallen," said Ben King, an associate director leading the Rhodium Group energy team. U.S emissions fell sharply in 2020 during the coronavirus pandemic, when activities were restricted, and then rebounded in the two years that followed. The Biden administration, which rejoined the Paris Climate Agreement in 2021, said it would target emission cuts of 50% to 52% by 2030. The power and buildings sectors were responsible for the 2023 emissions decline, according to the Rhodium analysis.

Persons: Ben King, Biden, King, Joe Biden's Organizations: U.S, Stockholm Environment Institute, EV, U.S . Locations: Los Angeles, Los Angeles , California, Paris, Stockholm, Greenland, West Antarctica, East Antarctica, U.S

☆ People online are debunking the idea that having a large friend group is healthier, arguing 'the best' and 'most authentic' people have fewer friends
▼ + stars: | 2024-01-09 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +3 min

Read previewA woman who said she was "the worst version" of herself when she "had the most friends" is seeking to debunk the idea that having large friend groups is best. While this can be true, she said, it's also the case that people with fewer friends can simply have "higher standards." Corbo told BI she felt compelled to share her thoughts after seeing the creator @egybestie speak on the subject last month. "I feel like people that are so sweet, loving, just deserve everything don't really have big friend groups," she said. Though Fagan conceded having large friend groups in the past had made her life "more homogenous," she said the takeaway shouldn't be to strive for fewer friends but instead to strive for fewer groups.

Persons: —, Ashley Corbo, shouldn't, It's, Corbo, it's, TikToker Chelsea Fagan, Fagan, I'm Organizations: Service, Business Locations: Connecticut, TikTok

☆ National Association of Realtors president says she is resigning after blackmail threat
▼ + stars: | 2024-01-08 | by ( Dan Mangan | ) www.cnbc.com time to read: +3 min

The president of the National Association of Realtors on Monday said she was resigning due to a blackmail threat that sought to "compromise" her leadership role. NAR President Tracy Kasper said she had notified the group's leadership team "that she recently received a threat to disclose a past personal, non-financial matter unless she compromised her position at NAR." President-elect Kevin Sears will immediately step into the post at the group, which represents more than 1.5 million members working in the residential and commercial real estate industries. and the majority owner of two other real estate companies in the state, according to her NAR bio. Also, the article was updated to reflect that Kasper wasn't president of the NAR in 2016.

Persons: Tracy Kasper, Kasper, Kevin Sears, Kenny Parcell, Bob Goldberg, Berkshire Hathaway, Silverhawk, CNBC's Diana Olick, Kasper wasn't Organizations: National Association of Realtors, NAR, New York Times, CNBC PRO Locations: Berkshire, Boise Valley , Idaho

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