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According to Michel, Low had asked him in 2012 to set up a picture of Low and Obama. Michel told Low to give him $1 million and he would think about how to make that happen. “I thought that I could just give my friends” money to contribute to the campaign, Michel told the jury. A prosecutor told Michel during cross examination that funneling donations through other individuals is illegal. Prosecutor John Keller also asked Michel about funds to help Low find an attorney, which Michel contested was not illegal.
When Every Win Means Water, Water Everywhere
  + stars: | 2023-03-31 | by ( Andrew Keh | ) www.nytimes.com   time to read: +8 min
When Every Win Means Water EverywherePicture yourself at work. Teleport this scene into a sports locker room, though, and suddenly the dousing is perfectly in bounds. But like many coaches, he eventually accepted his fate, removing his shoes before entering the locker room. The athletes were unwinding in the locker room when Coach Mark Few and his assistants charged in and began sousing them with ice-cold water. Isaiah Wong, the team’s star shooting guard, said they would only consider spraying water now if they won the championship.
Oscar the Grouch is United Airlines’ pitchman for a new advertising campaign touting the environmental benefits of jet fuel made from waste. It can cut emissions by up to 80% compared with conventional jet fuel, depending on the feedstock used. First, the sustainably derived fuel is typically two to four times as expensive as conventional jet fuel. Globally, jet fuel cost can be volatile but was around $2.76 a gallon as of March 3, according to the International Air Transport Association. Hydrogen’s energy density makes it more promising as a jet fuel.
Google chief evangelist and “father of the internet” Vint Cerf has a message for business executives looking to rush business deals around chat artificial intelligence: "Don’t." Cerf pleaded with attendees at a Mountain View conference on Monday not to scramble to invest in conversational AI just because "it’s a hot topic." "There’s an ethical issue here that I hope some of you will consider," Cerf told the conference crowd Monday. He’s known as one of the “Fathers of the Internet” because he co-designed some of the architecture used to build the foundation of the internet. Cerf warned against the temptation to invest just because th technology is “really cool, even though it doesn’t work quite right all the time."
The Super Bowl commercial, billed as the conclusion to weeks-long drama surrounding the status of the “spokescandies,” left some viewers scratching their heads. But if you weren’t paying attention, the final commercial might be a head scratcher -— one risk a brand takes when it uses a weeks-long campaign ahead of its Super Bowl commercial. In a change for the decades-old Super Bowl ad wars, it’s actually become a commonplace strategy to use social media to tease, preview and create buzz ahead of their Super Bowl commercials. Companies spend millions just for a Super Bowl ad slot — reportedly over $7 million for some 30-second spots — before investing into the commercials themselves. Dance contests and bettingDespite the high cost of a Super Bowl commercial, companies are eager to nab a spot.
Binance.US CFO Says Customer Funds Are Safe
  + stars: | 2023-02-08 | by ( Patricia Kowsmann | ) www.wsj.com   time to read: +3 min
The U.S.-based arm of crypto exchange Binance doesn’t lend out customer assets and doesn’t commingle deposits with the larger platform, its financial chief said Wednesday. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. “At Binance.US, customer assets are theirs,” she said. So that’s the extent of our relationship,” Ms. Lee said. “As far as the business activities go, we do not commingle customers’ assets.
LOS ANGELES, Feb 7 (Reuters) - Walt Disney Co (DIS.N) CEO Bob Iger is expected to discuss a turnaround plan on Wednesday, when the media company delivers its first quarterly results since the return of the executive who built the modern incarnation of Disney. "This is the right place to do it. It also endorsed Iger's leadership, adding that Disney generated a shareholder return of 554% under his previous tenure as CEO. That change resulted in the departure of Kareem Daniel, head of the Disney Media and Entertainment Distribution group created by Iger's predecessor, Bob Chapek, to consolidate budgeting and distribution for the studio's content. Analysts polled by FactSet estimate Disney+ will have 163 million subscribers, down modestly from the previous quarter.
Foreign investors, many of them already underweight what they consider an overpriced stock market, are reducing exposure. "Only Adani Group is trading with these ridiculously high multiples, and that is the core of the problem." "At this point in time, I don’t think it’s a systemic risk," said Jimmy Lim, chief investment officer at Modular Asset Management in Singapore. "We don't think that there's going to be a default anytime soon, although I don't expect any kind of near-term resolution between Adani Group and Hindenburg," Chao said. Yet Chao expects the selloff to help bring Indian stock valuations to more "palatable levels" for investors.
WASHINGTON — Embattled Rep. George Santos is refusing to face the music, but he appears to be relishing his moment in the spotlight. The New York Republican and freshman fabulist, the subject of federal, state, local and international investigations, was spotted Wednesday night by NBC News smiling, laughing and taking dozens of selfies with patrons during karaoke night at a popular D.C. barbecue joint. “It’s bizarre.”Rep. Tim Burchett, R-Tenn., whose office is just down the hall from Santos’, suggested all that attention could benefit Santos. “You always know more than I do about myself.”Later that night, Santos strolled into Hill Country, where he spent more than an hour schmoozing and chatting up patrons. A Santos staffer belted “Build Me Up Buttercup.”Approached by NBC News at Hill Country, Santos said: “You’re not going to try to interview me.
The Nasdaq joined the S&P 500 in negative territory, while the Dow ended modestly higher. Fourth quarter earnings season is in full swing, with 72 of the companies in the S&P 500 having reported. On aggregate, analysts now expect S&P 500 earnings 2.9% below the year-ago quarter, down from the 1.6% year-on-year decline seen on Jan. 1, per Refinitiv. Among the 11 major sectors of the S&P 500, industrials suffered the biggest loss. The S&P 500 posted 26 new 52-week highs and 10 new lows; the Nasdaq Composite recorded 77 new highs and 22 new lows.
Labor shortagesAs the pandemic swooped in, air travel was among the industries most affected, as more than 90% of flights were grounded. Today, labor shortages exist throughout the economy, but the problem drags on in the air travel sector, where more extensive employee training is usually required. Steven Senne / APOutdated technology and infrastructureThere is near-universal agreement that the infrastructure underpinning segments of America's air travel system is outdated and vulnerable. Rep. Sam Graves, R-Montana, said the incident highlighted "a huge vulnerability in our air transportation system." Air travel should be predictable and consistent, and you shouldn’t have to wonder if air traffic control is going to be working today as you head to the airport.
The family lived down the street from the potter’s field where the boy was first buried, and placed flowers there on holidays. It’s a confluence of great detective work, cutting-edge science and the careful art of genealogical research, retired city detective William Fleisher said in his graveside remarks Friday. “It is a big part of our city’s history, a big part of the Philadelphia Police Department’s history. So this is everybody’s victory.”Police now believe the boy lived in West Philadelphia, miles across town from where his body was found. “This has been our whole lives, with this boy, our whole entire lives, since we were children,” said Kim Augustine, 56, Braxton’s sister.
WASHINGTON — Republican leader Kevin McCarthy and his conservative detractors will square off for a second consecutive day as lawmakers prepare to resume voting Wednesday to pick the next House speaker. Three separate votes were held, and each time McCarthy, R-Calif., a veteran member of GOP leadership, fell short. It was the first time in 100 years that the speaker vote has gone to multiple ballots. Without a speaker, House lawmakers can’t be sworn in, committees can’t be formed, and GOP investigations into the Biden administration can’t begin. Trump, who previously endorsed McCarthy for speaker and had been making calls on his behalf, has gone silent on his support.
Iggy Pop Isn’t About to Whitewash His Past
  + stars: | 2023-01-02 | by ( David Marchese | ) www.nytimes.com   time to read: +18 min
Mamadi Doumbouya for The New York Times Talk Iggy Pop Isn’t About to Whitewash His PastIggy Pop’s life and work constitute one of music’s most remarkable survival stories. Iggy and the Stooges around 1969 — from left, Scott Asheton, Ron Asheton, Dave Alexander and Iggy Pop. But if you quietly say it to some sepulchral music, that’s a different thing, because you’re facing darkness once you hit 50. I don’t think that I was really thinking about anything. My doctor tells me I have a strong immune system, but I don’t think that’ll do it for you.
The email went out to students at Knox College, a small liberal arts school in Illinois, on the evening of Dec. 12. But this group had a new wrinkle for Knox students. “We have compromised your collage networks,” the email said, written in the kind of broken English common among international ransomware hackers. For you, its a sad day where everyone will see your personal and private info.”The incident at Knox College marks the first known case in which hackers used their access to contact students directly in order to intimidate them. The hackers’ website lists an entry to download data for Knox College but doesn’t actually lead to any student data.
STORY: STATEMENT TEXT:MARKET REACTION:STOCKS: The S&P 500 turned sharply lower then steadied down 0.11%BONDS: Benchmark 10-year note yields rose then backed off to 3.4847%. CHRIS ZACCARELLI, CHIEF INVESTMENT OFFICER, INDEPENDENT ADVISOR ALLIANCE, CHARLOTTE“The Fed is taking away the punchbowl just as the party was getting started. They’re reiterating their forecasts but the whisper number was that the Fed was going to stop at a 4.5%-4.75% terminal rate. You know, the biggest thing that is holding the Fed back right now are the jobs numbers. The most dovish participants is looking for an extra 50 bps of hikes.
LOS ANGELES — Superstar rapper Megan Thee Stallion said fellow hip-hop artist Tory Lanez ordered her to "dance" before he shot her feet in 2020 after a party in the Hollywood Hills. Megan Thee Stallion, 27, whose real name is Megan Jovon Ruth Pete, took the stand Tuesday, the second day of Lanez's assault trial. Megan Thee Stallion said she told police she had injured her feet on glass when they asked why she was bleeding, according to the news agency. Megan Thee Stallion later publicly accused Lanez of having shot her in an Instagram Live video in August 2020. Megan Thee Stallion said that when helicopters and police cars descended upon the scene, she downplayed her injuries out of fear of law enforcement.
CNN —House GOP Leader Kevin McCarthy took to Fox News primetime last week and dinged his counterpart across the Capitol: Senate GOP Leader Mitch McConnell. In the new Congress, McConnell will lead a 49-seat Senate minority while McCarthy will have 222 Republican seats in the House. That’s because McCarthy, like many other House Republicans, doesn’t want to deal with the threat of a government shutdown immediately upon entering their new majority. One Republican lawmaker pointed out that McConnell and McCarthy are dealing with different conferences and political dynamics, which explains their sometimes conflicting approaches. “Mitch McConnell and Kevin McCarthy are gonna be just fine.”
Microsoft could soon have its first union
  + stars: | 2022-12-06 | by ( Catherine Thorbecke | ) edition.cnn.com   time to read: +3 min
The workers are organizing with the Communications Workers of America (CWA) union and have until the end of December to vote on it. Microsoft has agreed to recognize the union if a majority of the workers vote in favor of it, according to the CWA. The union bid at the Microsoft subsidiary, however, stands out from some of the others because Microsoft has previously vowed to recognize the rights of workers to organize. Slack said Microsoft has been “very accommodating” throughout the process, ever since organizers first approached the company about the union. “They understand that it’s a right and they wanted to leave it up to the workers,” Slack said.
Brown University is the latest in a string of schools to add caste protections to their nondiscrimination policies, a measure aimed at giving Dalit students official channels to report bias. The private university in Providence, Rhode Island, is the first Ivy League school to mention casteism in its general policy, according to the Dalit civil rights organization Equality Labs. “Caste follows the South Asian community wherever they go,” said Neha Narayan, a student who advocated for the policy change. “I avoided a lot of the South Asian social spaces because of that exclusion,” she said. Last year, Harvard University added caste protections for graduate student workers, but unlike Brown’s overarching measure, Harvard’s updated policy didn’t extend to the entire student body.
Her death, first reported by local news outlets in North Carolina and Black-centered blog sites, was heart-wrenching to Black social media users. Now, less than a month later, her family, social media users and experts are acknowledging the power of Black social media support, saying it was crucial keeping attention on her case. Black social media is extremely powerful.”Social media users have also used the #SayHerName hashtag when amplifying Robinson’s story. This isn’t the first time Black social media users have used their platform to draw attention to injustice. The professor, Ijeoma Opara, wanted to support the child’s interest in science, and social media users made it possible.
Ridloff has been running most of her life – a form of solace in the busiest, most intense periods of her acting career. But the collective spirit and struggle of her fellow competitors at the NYC Marathon, her first time racing the 26.2-mile distance, was like nothing she had previously experienced in the sport. “This truly was a transformative experience for me,” Ridloff, whose recent credits include Marvel Studios’ “Eternals” and post-apocalyptic TV series “The Walking Dead,” tells CNN Sport. Gavin Doremus/Brooks RunningConditions for this year’s NYC Marathon were brutal, particularly for those competing for the first time and unaccustomed to running in heat. Ridloff ran the NYC Marathon to raise money for PS347 in New York, where she used to teach.
Why DeSantis’s Covid Policy Remains Relevant
  + stars: | 2022-11-18 | by ( Holman W. Jenkins | ) www.wsj.com   time to read: 1 min
The results wouldn’t be published until a few months after Covid arrived in early 2020, but Columbia University’s Jeffrey Shaman and colleagues produced a study in 2016-18 showing that only 5% of cold-symptom sufferers and 21% of people with flu-like symptoms sought medical attention. Had the data been available in the pandemic’s earliest days, it would have reinforced what should have been everybody’s first assumption after reflecting on their own medical behavior. If most people with mild symptoms weren’t seeing doctors, not only was Covid less deadly than being reported, it was likely already out of the bag globally and unstoppable even in countries where it had yet to be formally identified.
House Minority Leader Kevin McCarthy, R-Calif., who is eyeing the speaker's job after his party captured the majority, was nowhere to be seen. Asked why he skipped her speech, McCarthy said: “I had meetings. Among the few Republicans in the chamber were Rep. Dan Meuser, R-Pa.“She’s got quite a legacy, that’s for sure," he said afterward. A few hours after the speech, Senate Minority Leader Mitch McConnell of Kentucky had not yet commented. Pelosi ended her speech with an appeal to patriotism and the perseverance of American democracy.
As Republicans across the country saw their predictions of commanding victories up and down the ballot fall short on election night, Democrats in Pennsylvania were celebrating signs of a blue wave. Spencer Platt / Getty Images fileMany state Republicans said it’s no surprise that the strategy worked. “I think Republicans are going to be very demoralized here,” one Republican who worked on a Pennsylvania campaign, said in an interview. But while Oz struggled to overcome questions about his residency, Democrats and Republicans both said the election was driven by the Shapiro-Mastriano dynamic. “To have a wave, you not only have to have the initial motion, but you have to have the driver.
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