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With less than 10 months to go until the 2024 election, the nerve center of President Biden’s bid for a second term is stationed not at his campaign’s headquarters in Delaware but within feet of the Oval Office. Each time, no move happened after the president told aides he wanted to keep Mr. Donilon within walking distance. Anita Dunn, the longtime Democratic operative who stepped in to help revive Mr. Biden’s fledging operation four years ago, is crafting the re-election message again, even as she oversees communications at the White House. Jen O’Malley Dillon, Mr. Biden’s deputy White House chief of staff and former campaign manager, is also splitting her day job with her role as one of the most powerful voices in the campaign. So far, almost none of the people in the president’s inner circle have left for campaign headquarters in Wilmington, Del., prompting some donors and strategists to worry that too much of Mr. Biden’s team remains cloistered inside the White House.
Persons: Biden’s, Mike Donilon, Anita Dunn, Jen O’Malley Dillon Organizations: Democratic, White Locations: Delaware, Wilmington, Del
Attendees inspect Smith and Wesson firearms at the National Rifle Association's (NRA) annual meeting, in Indianapolis, Indiana, U.S., April 28, 2019. Smith & Wesson, which is incorporated in Nevada, did not respond immediately to a request for comment. The group of nuns filed the lawsuit in their role as Smith & Wesson shareholders, in what is known as a derivative lawsuit. The nuns alleged that the directors of Smith & Wesson have ignored growing legal risks from making assault-style rifles. Smith & Wesson warned in its 2022 annual report that it might have to pay significant damages due to legal proceedings against the company.
Persons: Smith, Bryan Woolston, Jeffrey Norton, gunmakers, gunmaker Remington, Adrian Dominican, Bon, Francis of Philadelphia, Jesus, Tom Hals, Alexia Garamfalvi, Leslie Adler Organizations: Wesson, REUTERS, Smith, Tuesday, Smith & Wesson, Sandy, Elementary, U.S, Supreme, Adrian, Bon Secours, St, Jesus &, Thomson Locations: Indianapolis , Indiana, U.S, WILMINGTON , Delaware, Nevada, Colorado, Connecticut, New York , Illinois, California, Adrian , Michigan, Marriottsville , Maryland, Aston , Pennsylvania, Ontario Province, Marylhurst , Oregon, Wilmington , Delaware
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFocus on quality will be 'very important' in 2024, says Wilmington Trust's Meghan ShueMeghan Shue, Wilmington Trust executive vice president, and Paul Hickey, Bespoke Investment Group co-founder, join 'Closing Bell Overtime' to talk the day's market action.
Persons: Wilmington, Meghan Shue Meghan Shue, Paul Hickey Organizations: Wilmington Trust, Investment Group Locations: Wilmington
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. Berkshire owns 80% of Pilot, having paid the Haslams $2.76 billion for a 38.6% stake in 2017 and $8.2 billion for another 41.4% in January. The Haslams sued Omaha, Nebraska-based Berkshire in October, accusing it of seeking a "windfall" by adopting "pushdown" accounting for Pilot. Berkshire countersued on Nov. 28, saying Jimmy Haslam tried to bribe Pilot executives with millions of dollars to inflate earnings in 2023 at the expense of future years. According to court papers, the Haslams believe the 20% Pilot stake was worth $3.2 billion before Berkshire's accounting change, an amount Berkshire disputes.
Persons: Warren Buffett, Scott Morgan, Warren Buffett's Berkshire Hathaway, Jimmy Haslam, Chancellor Morgan Zurn, Haslam, Zurn, Berkshire, Berkshire countersued, Tom Hals, David Holmes Organizations: Berkshire Hathaway, REUTERS, Rights, Travel Centers, Cleveland Browns, Berkshire, Pilot, Thomson Locations: Omaha , Nebraska, U.S, Rights WILMINGTON , Delaware, Delaware, Delaware's, Berkshire, Knoxville , Tennessee, Wilmington , Delaware
Phillips 66's refining operations come under activist radar
  + stars: | 2023-11-29 | by ( ) www.reuters.com   time to read: +4 min
REFINERIES:WOOD RIVER, Roxana, Illinois, refining capacity: 356,000 barrels per day (bpd)Largest Phillips 66 refinery by operating capacity. LOS ANGELES: Carson and Wilmington, California, capacity: 139,000 bpdTwo sites linked by pipeline, producing California Air Resources Board-grade gasoline and fuel-grade petroleum coke. *SAN FRANCISCO: Santa Maria, Wilmington, California and Rodeo, Rodeo, California, capacity: 120,200 bpdPhillips 66's San Francisco operations consisted of two sites: Santa Maria refinery in Wilmington, California and Rodeo refinery in Rodeo, California. INTERNATIONAL REFINERIES:HUMBER, North Lincolnshire, United Kingdom, total throughput: 245,000 bpdProduces transportation fuels, petrochemical feedstocks, home heating oil and petroleum coke. MiRO, Karlsruhe, Germany, total throughput: 61,000 bpdProduces transportation fuels, petrochemical feedstocks, home heating oil, bitumen, and petroleum coke.
Persons: Bing Guan, refiner Phillips, Phillips, Santa, Santa Maria, Shariq Khan, Matthew Lewis Organizations: Phillips, Los, Los Angeles Refinery, REUTERS, Investment Management, Energy, Exports, California Air Resources, INTERNATIONAL, MiRO, . Energy, Thomson Locations: Los Angeles, Carson , California, U.S, Wood, Borger, Roxana , Illinois, Midcontinent, BORGER, Borger , Texas, West Texas, New Mexico , Colorado, SWEENY, Old Ocean , Texas, United States, America, LAKE CHARLES, Westlake , Louisiana, Europe, Linden , New Jersey, York, Bayway, East Coast . PONCA CITY, Ponca City , Oklahoma, ANGELES, Carson, Wilmington , California, California, California , Nevada, Arizona, FERNDALE, Ferndale , Washington, BILLINGS, Billings , Montana, Montana , Wyoming , Idaho , Utah, Colorado, Washington, Santa Maria, Rodeo , California, Francisco, HUMBER, North Lincolnshire, United Kingdom, Karlsruhe, Germany, Switzerland, France, Austria, San Francisco, Bengaluru
Escalating a months-long investigation across three congressional committees, the Republican-controlled House of Representatives launched an impeachment inquiry into Biden in September, which focuses on Hunter Biden's business dealings. House Republicans allege Biden and his family improperly traded access to Biden's office as vice president in President Barack Obama's administration. Comer said in a statement that the subpoena required Hunter Biden to appear for a deposition on Dec. 13, but added that he should also have a chance to testify publicly at another time. "Hunter Biden is trying to play by his own rules instead of following the rules required of everyone else. Special Counsel David Weiss brought those charges against Hunter Biden after an earlier proposed plea deal unraveled under questioning from a judge.
Persons: Joe Biden's, Hunter Biden, Evelyn Hockstein, Hunter, Biden, Barack Obama's, Hunter Biden's, Abbe Lowell, James Comer, Comer, Donald Trump, David Weiss, Weiss, Makini Brice, Susan Heavey, Scott Malone, Nick Zieminski Organizations: REUTERS, Rights, Republican, Democratic, Representatives, Biden, Republicans, White, House Republicans, Office, Senate, Trump, Justice, Thomson Locations: Wilmington , Delaware, U.S
OAKLAND, Calif. (AP) — Oakland considered a resolution to call for a cease-fire in the Israel-Hamas war on Monday, potentially joining nearly a dozen other U.S. cities from Michigan to Georgia that have supported the same. The resolution before the Oakland City Council also calls for the unrestricted entry of humanitarian assistance into Gaza and a restoration of basic services, as well as “respect for international law” and the release of all hostages. A temporary cease-fire between Israel and Hamas, which Qatar helped broker, is currently in place. “It raises an interesting question on where they are getting this mandate to speak for the people in their city when nobody elected a city council person because of their stance on Middle East peace,” he said. Now, city councils are just the latest arena where intense debates over the war and the United States' support for Israel are playing out.
Persons: — Oakland, , councilmember Carroll Fife, David Glazier, Israel, “ We've, ___ Jablon, Julie Watson Organizations: OAKLAND, Oakland City, Loyola Law School, Jewish Community Relations Council, Oakland, Zionist, Israel, California Democratic Party, Health Ministry, Associated Press Locations: Calif, Israel, Michigan, Georgia, Gaza, , Oakland, Atlanta ; Akron , Ohio, Wilmington , Delaware, Providence , Rhode Island, Qatar, U.S, Los Angeles, Richmond, Ypsilanti, Detroit, San Francisco, United States, Southern California, Vermont, San Diego
“They tightened their belts,” said Alan Kassan, a senior partner with the California law firm Kantor & Kantor, which represents clients challenging denials. “Then they tightened their claim administration and started denying claims more and more.”In 2022, the proportion of traditional long-term care claim denials varied, from 4.5 percent in Rhode Island to 9.6 percent in Alaska, according to the National Association of Insurance Commissioners. By 2017, she was hobbled by osteoporosis and was struggling to manage her multiple medications, according to her daughter, Ann Kempski. But when the family tried to file a claim, they discovered that Penn Treaty was insolvent and the policy had been taken over by the Pennsylvania state insurance guaranty fund. Her doctor told Penn that she had “mild dementia” and osteoporosis and should be in an assisted-living facility.
Persons: , Alan Kassan, Kantor, Kantor & Kantor, Alice Kempski, Ann Kempski, Penn, Kempski Organizations: Kantor &, National Association of Insurance, Penn Treaty, American Network Locations: California, Rhode Island, Alaska, Wilmington, Del, Penn, Pennsylvania
U.S. President Joe Biden disembarks from Marine One at Delaware Air National Guard Base en route to Wilmington, in New Castle, Delaware, U.S., November 17, 2023. "I know I'm 198 years old," Biden joked back in June. If re-elected, Biden would be 86 by the end of his second term in office. Republican Ronald Reagan, who had the prior record as oldest U.S. president, ended his second four-year term at age 77 in 1989. Seventy-seven percent of respondents, including 65% of Democrats, said Biden is too old to be president, while just 39% said Biden was mentally sharp enough for the presidency.
Persons: Joe Biden disembarks, Julia Nikhinson, Joe Biden, Biden, Republican Ronald Reagan, Trump, Steve Holland, Bill Berkrot Organizations: Delaware Air National Guard Base, REUTERS, Rights, White, Republican, Trump, Reuters, Thomson Locations: Marine, Wilmington, New Castle , Delaware, U.S
Logo of Bayer AG is pictured at the annual results news conference of the German drugmaker in Leverkusen, Germany February 27, 2019. Each was diagnosed with non-Hodgkin lymphoma that they alleged was caused by using Roundup on their family property. Bayer has said that decades of studies have shown Roundup and its active ingredient, glyphosate, are safe for human use. The verdict is the fourth straight loss in court for Bayer, after the company had been found not liable to plaintiffs in nine consecutive trials. In 2020, Bayer settled most of the then-pending Roundup cases for up to $10.9 billion.
Persons: Wolfgang Rattay, Bayer, Valorie Gunther, Jimmy Draeger of, Daniel Anderson of, Draeger's, Brenda, Bart Rankin, Forrest Weldon, Tom Hals, Bill Berkrot Organizations: Bayer AG, REUTERS, Bayer, Monsanto, Union Investment, U.S . Environmental Protection Agency, EU Commission, European Food Agency, European Chemicals Agency, Thomson Locations: Leverkusen, Germany, Missouri, Cole County , Missouri, New York, Jimmy Draeger of Missouri, Daniel Anderson of California, Wilmington , Delaware
‘A Beautiful Place That Has a Dragon’: Where Hurricane Risk Meets Booming GrowthThe hurricanes keep coming, and the people, too: The fastest-growing places along the Atlantic coast this century are also among the most hurricane-prone. And rising sea levels make storm surges more damaging and coastal flooding more frequent. And this booming coastal population is, by many accounts, a larger contributor to rising hurricane risks than climate change. When Gail Hart moved from Arizona to retire in Wilmington, N.C., in 2017, she hadn’t considered the hurricane risk. Still said, “where do you put 100,000 people?”The housing crunch is one of many tensions playing out between wealthy coastal communities and those who live nearby.
Persons: Matthew, Dorian, Isaias, Ian, , , Kathie Dello, Gail Hart, hadn’t, ” Gail Hart, Del Webb, Hurricane Florence, Hart, “ There’s, Steven Still, Amanda Martin, North, Mr, Still, Jenny Brennan, David McIntire, McIntire, O’Leary, Ms, Water, O’Leary’s, Kevin Mishoe, Mishoe, Gina, Karen Willis Amspacher, Amspacher, “ It’s, It’s, she’s, Sharon Valentine, Hurricane Fran, Wilmington’s Del, Valentine, Leonard Bull Organizations: Hurricanes, Hurricane, First Street Foundation, Atlantic, National Flood Insurance, Southern Environmental Law Center, States, Brunswick, Myrtle, Association, Hurricane Florence, Down Locations: United States, Myrtle Beach, S.C, Wilmington, N.C, Carolinas, Florence, Carolina, Gulf, Louisiana, Florida, North Carolina’s, Kure Beach, Horry County, Brunswick County, Arizona, Tula, New Hanover County, U.S, It’s, North Carolina, Conway, Horry, Hurricane, Hurricane Florence, Bucksport, Carteret County, , Banks, Stacy, Harkers, Fayetteville, Wilmington’s, Wilmington’s Del Webb
(AP) — President Joe Biden is set to visit naval installations in Virginia on Sunday for an early kickoff to the Thanksgiving holiday week. He plans to host a screening of the movie “Wonka” and have a “friendsgiving” meal with service members and their relatives. Later, the Bidens plan to help serve dinner with service members from the USS Dwight D. Eisenhower and the USS Gerald R. Ford at Norfolk Naval Station, the largest installation of its kind in the world, along with their families. In 2021, the Bidens visited the Army’s Fort Bragg in North Carolina for an early Thanksgiving meal in a hangar for about 250 service members and their families. The president and first lady plan to spend this Thanksgiving on Nantucket, a Massachusetts island.
Persons: Joe Biden, Wonka, Jill Biden, Roald Dahl’s, Willy Wonka, Dwight D, Eisenhower, Gerald R, Ford, There's, Donald Trump's, Trump, Biden, Beau, Joe Organizations: Norfolk Naval Station, Republican, National Guard, Republicans, Delaware National Guard, Troops Locations: WILMINGTON, Del, Virginia, Hampton Roads, Texas, Edinburg, U.S, Mexico, United States, Iraq, Cherry Point , North Carolina, Bragg, North Carolina, Nantucket, Massachusetts
(AP) — Republican presidential candidate Ron DeSantis is refusing to condemn Elon Musk 's post endorsing an antisemitic conspiracy theory, maintaining Sunday that he wasn't familiar with the post despite it prompting major companies to pull advertising from the billionaire's X social media platform. “You have said the actual truth,” Musk tweeted in a reply Wednesday. “State of the Union” put Musk's post on the screen and host Jake Tapper read it to DeSantis before pressing him to condemn it — but the governor continued to demur. I have no idea what the context is,” said DeSantis who was joining the show via videoconference . “I know Elon Musk.
Persons: Ron DeSantis, Elon Musk, ” DeSantis, , Elon, ” Musk, DeSantis, Union ”, Jake Tapper, , Andrew Bates, Jamie Raskin, didn’t, ” Raskin, you've, Raskin Organizations: — Republican, Union, IBM, Disney, Twitter, White, Maryland Democratic, Locations: WILMINGTON, Del, Florida, “ State, America, Israel, DeSantis
I will stop the invasion on our southern border and begin largest domestic deportation operation in American history,” he said in Iowa Saturday. “If you empathize with radical Islamic terrorists and extremists, you’re disqualified," Trump says. “Before we defend the borders of foreign countries we must secure the border of our country," he said said. The border has also become a centerpiece of Abbott's agenda and the subject of an escalating fight with the Biden administration over immigration. A Marquette Law School poll of registered voters conducted in late September gave Trump a 24-point advantage over Biden on handling immigration and border security issues — 52% to 28%.
Persons: — Donald Trump, Trump, Greg Abbott, , Biden, , , you’re, — you’re, Abbott, Ken Paxton, Trump's, “ Donald Trump, ” Biden, Julie Chavez Rodriguez, ___ Colvin, Will Weissert Organizations: National Guard, Republican Gov, Trump, U.S, Supreme, Social, FBI, Drug, Administration, GOP, Democrat, Texas, Biden, Marquette Law School, Associated Press Locations: EDINBURG , Texas, U.S, Mexico, Edinburg , Texas, Iowa, North Korea, United States, Israel, COVID, Laredo , Texas, Rio Grande, bused, Texas, New York, Wilmington , Delaware
Vice President Kamala Harris, confronted with those same polls, is much less dismissive. Overall, Biden and Harris hold similar approval ratings, but Harris’ ratings among these key subgroups have varied, suggesting views of the vice president are not as deeply entrenched. Austin Davis, a 34-year-old African American in one of the target demographics the Biden campaign is desperate to improve with, in a state the president needs to carry. “I think we’d be having a way different conversation if it were two White males as president and vice president,” Henson said. “President Biden is wise, knowledgeable, tested – she’s passionate and seasoned,” said Tucson Mayor Regina Romero, who just won a second term in the second largest city in battleground Arizona.
Persons: Joe Biden, Donald Trump, Kamala Harris, “ We’re, , Biden, Harris, Harris’s, , Jim Clyburn, Austin Davis, Lavora Barnes, Trump, – “, Mike, , TikTok influencers, I’ve, ” Harris, Louis, Donna Brazile, , it’s, gettable, ’ ”, Rozia Henson, ” Henson, Roy Cooper, Dobbs, Cooper, Harris “, ” Quentin Fulks, ” Fulks, Harris ’, she’s, wasn’t, Daniele Monroe, Moreno, Monroe, Kamala, ” Monroe, White, Tucson Mayor Regina Romero Organizations: CNN, Air Force, Democratic, New York Times, The Times, Biden, Wing, slivers, , South Carolina Rep, Gov, Democratic Party, West Wing, , Democratic National Committee, Black, Democratic women’s, , Trump, ” North Carolina Gov, Republicans, South, White, APEC, state’s Democratic Party, Irish, College of Southern, Tucson Mayor Locations: South Carolina, Siena, Wilmington , Delaware, Pennsylvania, Michigan, Ukraine, Israel, St, Virginia, , Raleigh, , Washington, Gaza, Nevada, Scranton, United States, College of Southern Nevada, Arizona, America
Israel Defense Forces/Handout via REUTERS/File Photo Acquire Licensing RightsWILMINGTON, Delaware, Nov 18 (Reuters) - Israel and Hamas have not yet reached a deal on a temporary ceasefire, a White House spokesperson said on Saturday night. The U.S. is continuing to work to get a deal between the two sides, the spokesperson said. The Washington Post reported earlier on Saturday night that a Qatari-brokered deal between Israel and Hamas had been reached for a five-day ceasefire in exchange for 50 or more hostages. "No deal yet but we continue to work hard to get a deal," Adrienne Watson, spokesperson for the White House's National Security Council, said in a statement. As the conflict entered its seventh week, authorities in Hamas-ruled Gaza Strip raised their death toll to 12,300, including 5,000 children.
Persons: Adrienne Watson, Israel, Steve Holland, Moira Warburton, Tom Hogue, Kim Coghill Organizations: Hamas, Israel Defense Forces, REUTERS, Rights, U.S, Washington Post, Qatari, White, National Security Council, Thomson Locations: Gaza, Palestinian, Rights WILMINGTON , Delaware, Israel, U.S, Wilmington , DE, Washington
REUTERS/Julia Nikhinson Acquire Licensing RightsWASHINGTON, Nov 18 (Reuters) - U.S. President Joe Biden said on Saturday the Palestinian Authority should ultimately govern the Gaza Strip and the West Bank following the Israel-Hamas war. "As we strive for peace, Gaza and the West Bank should be reunited under a single governance structure, ultimately under a revitalized Palestinian Authority, as we all work toward a two-state solution," Biden said in an opinion article in the Washington Post. Israeli Prime Minister Benjamin Netanyahu took issue with Biden's plan for the Palestinian Authority to govern Gaza. The Palestinian Authority used to run both the West Bank and Gaza but was ousted from the latter in 2007 after a brief civil war with Hamas. Biden also said the United States is prepared to issue visa bans against "extremists" attacking civilians in the West Bank.
Persons: Joe Biden disembarks, Julia Nikhinson, Joe Biden, Biden, Benjamin Netanyahu, we’ve, Netanyahu, Mahmoud Abbas, Israel, Steve Holland, Eric Beech, Emily Rose, Doina Chiacu, Daniel Wallis Organizations: Delaware Air National Guard Base, REUTERS, Rights, Palestinian Authority, West Bank, Washington Post, Hamas, West Bank and, Palestine TV, The West Bank, Thomson Locations: Marine, Wilmington, New Castle , Delaware, U.S, Gaza, Israel, Washington, United States, Tel Aviv, West Bank and Jerusalem
The president and top U.S. officials have instead revived talk of working toward a two-state solution for the governance of Gaza. Biden used the op-ed to offer more details on what the process of working toward that larger goal might look like. “As we strive for peace, Gaza and the West Bank should be reunited under a single governance structure, ultimately under a revitalized Palestinian Authority, as we all work toward a two-state solution,” Biden wrote. Biden has spoken repeatedly with Israeli Prime Minister Benjamin Netanyahu and says he’s working for the release of Hamas-held hostages, including some Americans. Former campaign staffers who helped elect Biden in 2020, as well as current members of his administration, have signed letters urging a cease-fire.
Persons: Joe Biden, Hamas “, Biden, wouldn't, ” Biden, , Benjamin Netanyahu, Organizations: Hamas, West Bank, Palestinian Authority, Washington Post, Israeli, Health Ministry, Democratic National Committee Locations: WILMINGTON, Del, Gaza, Palestinian, Washington, U.S, United States, Israel
By Steve HollandWILMINGTON, Delaware (Reuters) - Israel and Hamas have not yet reached a deal on a temporary ceasefire, a White House spokesperson said on Saturday night. The U.S. is continuing to work to get a deal between the two sides, the spokesperson said. The Washington Post reported earlier on Saturday night that a Qatari-brokered deal between Israel and Hamas had been reached for a five-day ceasefire in exchange for 50 or more hostages. "No deal yet but we continue to work hard to get a deal," Adrienne Watson, spokesperson for the White House's National Security Council, said in a statement. Israel vowed to destroy Hamas after the militant group's Oct. 7 rampage into Israel in which its fighters killed 1,200 people and took 240 hostages, according to Israeli tallies.
Persons: Steve Holland, Adrienne Watson, Israel, Moira Warburton, Tom Hogue, Kim Coghill Organizations: Reuters, Hamas, U.S, Washington Post, Qatari, White, National Security Council Locations: Steve Holland WILMINGTON , Delaware, Israel, U.S, Gaza, Wilmington , DE, Washington
Hunter Biden Seeking Trump, Barr Documents in Gun Case
  + stars: | 2023-11-15 | by ( C. Ryan Barber | ) www.wsj.com   time to read: 1 min
Hunter Biden arrived for a court appearance last month in Wilmington, Del. Photo: Matt Rourke/Associated PressPresident Biden’s son, Hunter Biden , is seeking to subpoena Donald Trump and former Attorney General William Barr as he prepares to raise a defense that his prosecution on felony gun charges stems from an “unrelenting pressure campaign” by the former president and his Republican allies. In a 16-page court filing Wednesday, the younger Biden asked a federal judge to sign off on subpoenas for communications among Trump administration officials about investigating and prosecuting him. His lawyer, Abbe Lowell, said the information he is pursuing “goes to the heart of his defense that this is, possibly, a vindictive or selective prosecution arising from an unrelenting pressure campaign beginning in the last administration.”
Persons: Hunter Biden, Matt Rourke, Biden’s, Donald Trump, William Barr, Biden, Abbe Lowell, , Organizations: Associated Press, Republican, Trump Locations: Wilmington, Del
Hunter Biden, son of U.S. President Joe Biden, departs federal court after a plea hearing on two misdemeanor charges of willfully failing to pay income taxes in Wilmington, Delaware, July 26, 2023. The criminal probe of Hunter that led to the pending case in Delaware federal court began in late 2018, during the Trump administration. Weiss soon afterward was appointed special counsel in the case by Attorney General Merrick Garland. The prosecutor has been criticized by Trump and his allies for the initial plea deal and for not charging Hunter with more serious crimes. Hunter's lawyers, in turn, argue that the current gun charges are barred by the diversion agreement.
Persons: Hunter Biden, Joe Biden, Donald Trump, Bill Barr, Hunter, Mr, Biden, Biden's, Trump, Barr, Jeffrey Rosen, Richard Donoghue, Rosen, Donoghue, General Donoghue, General Rosen, he's, David Weiss, Weiss, General Merrick Garland Organizations: Department of Justice, Trump, Justice Department, DOJ, Messrs, Republican, U.S, Attorney Locations: Wilmington , Delaware, Delaware
Bybit operates one of the world’s largest cryptocurrency trading exchanges. Photo: karim sahib/Agence France-Presse/Getty ImagesBankrupt cryptocurrency exchange FTX has filed a lawsuit against Bybit Fintech and two affiliates to try to claw back assets valued at $953 million that were withdrawn shortly before FTX’s November 2022 collapse. The lawsuit, filed Friday in the U.S. Bankruptcy Court in Wilmington, Del., alleges that Bybit’s investment arm, Mirana, “leveraged its VIP connections to pressure FTX group employees to fulfill its withdrawal requests as soon as assets became available.”
Persons: Bybit, karim sahib, FTX, Bybit Fintech Organizations: Agence France, Getty, Bankruptcy Locations: U.S, Wilmington, Del
CENTRAL ISLIP, New York, Nov 14 (Reuters) - A former fundraiser for indicted U.S. Representative George Santos pleaded guilty to fraud on Tuesday, adding to the pressure on the embattled New York Republican. U.S District Judge Joanna Seybert accepted the plea, part of an agreement with federal prosecutors, and set Miele's sentencing for April 30. At the hearing, Miele admitted he pretended he was chief of staff to the then minority leader of the U.S. House of Representatives, Kevin McCarthy, to help solicit contributions for Santos' campaign. Miele is the second person close to Santos to plead guilty to federal charges in recent weeks. Nancy Marks, Santos' former campaign treasurer, pleaded guilty on Oct. 5 to a conspiracy charge for inflating his 2022 congressional campaign's fundraising numbers.
Persons: Representative George Santos, Samuel Miele, Joanna Seybert, Miele, Santos, Kevin McCarthy, Joseph Murray, Miele's, Nancy Marks, Tom Hals, Daniel Wallis Organizations: U.S, Representative, New York Republican, U.S . House, Representatives, Thomson Locations: ISLIP , New York, Long Island, Santos, Wilmington , Delaware
Fed officials don’t expect inflation to reach 2% until 2026, according to their latest economic projections released in September. If there’s one thing that would make the Fed quake in its boots, it would be worsening inflation expectations. The keyword there is “timely.”Sticky inflation could possibly “un-anchor” inflation expectations or elicit a consistent deterioration in Americans’ perception on inflation. “The Fed really just wants people to not expect inflation will run at 4% forever.”So what’s kept inflation expectations in check this long? For individuals and married people filing separately, the new federal standard deduction will increase to $14,600, up from $13,850 this year.
Persons: we’ve, Raphael Bostic, , ” Luke Tilley, , Jerome Powell, presser, Powell, Michelle Bowman, Tilley, ” Drew Matus, what’s, Matus, “ They’re, Jeanne Sahadi, Lisa Cook, Phillip Jefferson, Michael Barr, Loretta Mester, Austan Goolsbee, John Williams, Christopher Waller, Mary Daly Organizations: DC CNN, Federal Reserve, Fed, University of Michigan’s, Atlanta Fed, Bloomberg, Investment Advisors, CNN, , New York Bankers Association, New York Fed, MetLife Investment Management, IRS, Tyson Foods, Depot, US Labor Department, National Federation of Independent Business, China’s National Bureau of Statistics, Target, National Statistics, US Commerce Department, Walmart, National Association of Home Builders, San Francisco Fed Locations: Washington, Wilmington, Palm Beach , Florida
U.S. President Joe Biden departs on travel to Chicago, Illinois, at Joint Base Andrews, Maryland, U.S., November 9, 2023. REUTERS/Leah Millis/File Photo Acquire Licensing RightsWASHINGTON, Nov 10 (Reuters) - Two years after President Joe Biden signed a $1 trillion infrastructure bill into law, his administration has launched 40,000 projects aimed at rebuilding America, according to his infrastructure czar, Mitch Landrieu. THE TAKELandrieu spent more than an hour with reporters on Thursday to talk up the benefits of the infrastructure law ahead of the Nov. 15 anniversary. The administration has put signs at construction projects across the country boasting about Biden's role in securing the funding. BY THE NUMBERSLandrieu said thus more than $400 billion in projects has been announced, covering 40,000 projects in more than 4,500 communities in all 50 states plus the District of Columbia and Native American tribal areas.
Persons: Joe Biden, Leah Millis, Mitch Landrieu, White, Biden, Landrieu, Brent Spence, Steve Holland Organizations: Joint Base Andrews, REUTERS, Rights, Republican, Amtrak, of, Thomson Locations: Chicago , Illinois, Joint Base Andrews , Maryland, U.S, America, New Orleans, Wilmington , Delaware, Ohio, Kentucky, of Columbia, American, Hudson, New York, New Jersey
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