Author: Press Room

CNN  —  A Manhattan jury has found two Trump Organization companies guilty on multiple charges of criminal tax fraud and falsifying business records connected to a 15-year scheme to defraud tax authorities by failing to report and pay taxes on compensation for top executives. The Trump Corp. and Trump Payroll Corp. were found guilty on all charges they faced. Donald Trump and his family were not charged in this case, but the former president was mentioned repeatedly during the trial by prosecutors about his connection to the benefits doled out to certain executives, including company-funded apartments, car leases and personal…

Signature Bank plans to offload as much as $10bn in deposits tied to the cryptocurrency industry, a U-turn for a US lender that achieved rapid growth after aggressively courting digital assets. The move comes as turmoil envelops the crypto industry in the wake of falling token prices and the bankruptcy of the FTX exchange, a client of Signature’s. The New York-based bank’s shares are down more than 50 per cent this year after it was the best-performing stock in the KBW Bank index last year. About 23 per cent of Signature’s $103bn in customer deposits were related to the crypto…

A traffic stop in Wisconsin resulted in deputies finding fentanyl-laced methamphetamine, marijuana and other items, authorities said. A deputy with the Racine County Sheriff’s Office stopped a car on Interstate 94 early Tuesday for not having been registered. A second deputy also responded to the scene with Nox, a sheriff’s office K-9. “The deputy commanded Nox to conduct an open-air sniff of the vehicle and Nox alerted,” the sheriff’s office said in a statement. WISCONSIN LEGISLATORS CALL ON GOV. EVERS TO BAN TIK TOK Deputies found 18.5 grams of methamphetamine laced with fentanyl, 11 grams of marijuana, a scale, a pipe, and liquid…

Dr. Anthony Fauci testified last week he couldn’t recall that a major study published in an influential medical journal was retracted after it erroneously found that hydroxychloroquine was ineffective and potentially harmful in treating COVID-19 and couldn’t remember the names or details of other studies he leaned on to back his claim that the drug was ineffective.Fauci, White House chief medical adviser and director of the National Institute of Allergy and Infectious Diseases, was deposed under oath by state GOP attorneys general Eric Schmitt and Jeff Landry as part of their lawsuit against the Biden administration. The two AGs have accused top-ranking government…

Washington CNN  —  Nearly half, or 45%, of public K-12 schools had at least one teacher vacancy as of October, according to government data released Tuesday. Roughly the same percentage of schools had a teacher vacancy in January, according to the National Center for Education Statistics’ School Pulse Panel survey that tracks schools’ responses to the Covid-19 pandemic – during which schools received a massive amount of federal relief funds. The average public school had two vacant teaching positions in October, and 4% of all public school teaching positions across the country were vacant, according to a survey of 990…

Getty Images How do you respond to losing your ace and two-time Cy Young Award winner? Sign another ace, a three-time Cy Young Award winner, two-time World Series champion and one of the greatest pitchers of our generation. Steve Cohen made a statement on Monday signing Justin Verlander after Jacob deGrom decided to sign with the Rangers. Verlander is 40 years old next season, but he’s still pitching at the top of his game, winning the AL Cy Young with the Astros last season and helping the team to a World Series. Verlander makes the Mets a better team and…

Calls for a probe into state Attorney General Letitia James’ handling of harassment allegations against her chief of staff intensified Tuesday — with her former Republican challenger demanding a special prosecutor and even a veteran Democratic operative saying she should be investigated. Lawyer Michael Henry, whom James beat to win a second term on Nov. 8, said Ibrahim Khan’s accusers and the public “deserve answers and accountability” from “anyone, potentially including Letitia James, who enabled his behavior.” “Gov. Kathy Hochul must appoint a special prosecutor to investigate Letitia James’ election time cover-up of a serious inappropriate touching and sexual harassment…

Milan2099 | E+ | Getty ImagesLong Covid is a chronic illness with far-reaching impact, both in terms of health and household finance.As many as 23 million Americans have suffered long-haul symptoms of Covid-19, according to the U.S. Department of Health and Human Services. But there are steps individuals and their families can take to blunt the negative financial impact, in the realms of health, estate, tax and insurance planning.”You can do so much to help clients save money and time,” Carolyn McClanahan, a certified financial planner and medical doctor, told financial advisors Tuesday at CNBC’s Financial Advisor Summit.”We’re far from being done with…

MLB fans are on the edge of their seats awaiting what team Aaron Judge will choose as the league’s top free agent. The New York Yankees are considered the favorites despite the San Francisco Giants coming in with a massive deal worth $360 million, according to The New York Post. While the years are unknown, the Yankees’ latest reported offer was “in the neighborhood” of $300 million, per ESPN.Prior to this free agent surge, Judge played this past 2022 campaign knowing that he would be in this situation after the season. The Yankees tried to sign him before Opening Day, but…

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