Author: News Room

Donald Trump has sued Michael Cohen, his ex-lawyer and a crucial witness in the “hush money” case brought against the former president by Manhattan prosecutors, seeking at least $500mn for alleged breaches of contract and confidentiality agreements.The lawsuit was filed in the Southern District of Florida just a few weeks after Cohen repeatedly testified before a grand jury in New York about the $130,000 he paid to buy the silence of porn actress Stormy Daniels in the days before the 2016 election. Daniels, who also testified before the Manhattan grand jury, had claimed she had an affair with Trump, which…

About a year ago, I concluded I would run for the cashier in the case of shares of Albertsons Companies, Inc. (NYSE:ACI). The grocery chain had prolonged the pandemic boom of 2020 into 2021, allowing it to revamp stores and deleverage the balance sheet. With comparables getting more difficult and inflationary pressures building, I was very cautious, with shares trading in the mid-thirties about a year ago. A Recap The pandemic provided private equity firm Cerberus, the owners of Albertsons since the late 2010s, with a perfect window of opportunity to go public in the summer of 2020. The pandemic…

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The little-known FTX co-founder Gary Wang is reportedly cooperating with prosecutors after pleading guilty to fraud in December.The cooperation between Wang and prosecutors has been centered around his role at FTX, including his role in the operation and subsequent collapse of the major crypto exchange, Insider reported on Tuesday.Further details about how Wang is cooperating with prosecutors are scarce, but it is possible that he has entered some type of deal in exchange for a lower sentence.In the report, Wang was called “a critical player during the rise and fall” of FTX, but also a person who is naïve and…

The FBI is warning consumers against using public phone charging stations in order to avoid exposing their devices to malicious software. Public USB stations like the kind found at malls and airports are being used by bad actors to spread malware and monitoring software, according to a tweet last week from the FBI’s Denver branch. The agency did not provide any specific examples. “Carry your own charger and USB cord and use an electrical outlet instead,” the agency advised in the tweet. While public charging stations are attractive to many when devices are running critically low on battery, security experts…

There are plenty of reasons to attend an Ivy League institution if you’re one of the lucky students to be admitted. The eight famed colleges consistently earn top honors on various rankings, based on factors like academics and career outcomes. Attending an Ivy may also help you earn a high salary. The University of Pennsylvania in particular reports the highest median incomes among former attendees who received federal aid. Data shows 10 years after starting at Penn, federal aid recipients earn a median salary of $103,246 annually.Plus, Forbes’s 2022 list of the 400 richest people in America featured 17 Penn graduates…

Former President Donald Trump sued his onetime personal lawyer and fixer Michael Cohen on Wednesday, seeking at least $500 million for alleged breaches of contract and “unjust enrichment.”The civil suit, filed in federal court in Miami, accused Cohen of “spreading falsehoods” about Trump, violating his attorney-client relationship and breaching a confidentiality agreement he had signed with the Trump Organization.The allegations against Cohen, whose once-close relationship with Trump imploded in 2018, come as the disbarred lawyer has become a key witness against the former president in a criminal case in Manhattan.Trump, the first ex-president to face criminal charges, pleaded not guilty…

Inflation moderated again in March thanks to a decline in energy costs, but other prices soared higher last month, continuing to squeeze Americans’ pocketbooks. The Labor Department said Wednesday that the Consumer Price Index, a broad measure of the price for everyday goods that includes gasoline, groceries and rents, rose 0.1% in March from the previous month, down from 0.4% in February. Prices climbed 5% on an annual basis, down sharply from February’s 6% increase and the smallest rise in nearly two years.Other parts of the report pointed to a slower retreat for inflation, a worrisome sign for the Federal…

This is a case that really happened as I report it. A 93 year old grandma played all kinds of sweepstakes and got mailings from them regularly. She loved the excitement of entering contests. She got a letter from one of them, informing her that she had won a huge cash prize. Shortly after, she got a phone call congratulating her on her win. She was so excited. She called her son and reported that she was going to get a million dollars! All she had to do was go to the bank with the lawyer for the sweepstakes company…

In this article I use AAII’s A+ Investor Stock Grades to provide insight into three agricultural equipment stocks positioned for success in 2023. With continued recovery from the coronavirus pandemic increasing consumer demand and severe weather impacting the supply of key agricultural goods, should you consider these three agricultural equipment stocks of AGCO AGCO , Deere and Titan International TWI ? Agriculture Recent News The powered agriculture equipment market encompasses a wide array of products such as tractors, combine harvesters, planters, sprayers and other equipment performing tilling, haymaking and baling functions. The growth of the powered agriculture equipment market has…