Author: Davide E

Donald Trump’s criminal record is an ongoing story.The former president’s current trial schedule means he will arrive at Election Day as a convicted felon.But legal scholars predict that Trump will use his newly granted executive immunity to pull off an unprecedented legal maneuver to delay the hush money trial, currently scheduled for September 18, until after the electoral vote.Two days before the verdict is due to be handed down, they expect Trump to seek an interlocutory appeal, something that has never before been granted by the New York Court of Appeals, or indeed most state appeals courts.An interlocutory appeal is…

Chicago was in the spotlight this week as the host city of the Democratic National Convention, and Mayor Brandon Johnson and the Democratic Party were praised for hosting the convention without any major disruptions. But even as some 50,000 attendees enjoyed raucous nights at the United Center, parties at Navy Pier and perfect sunny weather, many downtown business owners said it had been a tough week.”Lunchtime sales were down 60 to 70 percent,” said Brad Alaoui, chief operating officer of Roanoke Hospitality and owner of The Roanoke Restaurant, 135 W. Madison Ave. “The Loop was a ghost town. There was…

Any affiliate links to products on this page are from partners who pay us compensation and terms apply to the offers mentioned (see our advertiser disclosure in our partner listings for more information), but our opinions are our own. Find out how we rate products and services to help you make smart decisions with your money. For Love & Money is a Business Insider column that answers your questions about relationships and money. This week, a parent must decide how much money to leave to their two children. Our columnist says that even if you have hostility toward one child,…

The Waltons are worth about $330 billion, far more than Elon Musk ($237 billion), according to the Bloomberg Billionaires Index, and much of the family’s vast wealth can be attributed to smart moves made by Walmart founder Sam Walton in the 1970s.In 1953, when Walton’s future retail empire consisted of just a handful of stores, the entrepreneur followed his father-in-law’s advice and organized the business as a family partnership.He left 20% of his shares to each of his four children, Jim, Rob, Alice and the late John T., with the remaining 20% ​​being held by himself and his wife, Helen.In…

The headline figure in a new report from the World Advertising Research Centre (Warc) is eye-catching: global annual advertising spend will exceed $1 trillion (€900 billion) for the first time in 2024. The centre this week raised its growth forecast for 2024 to 10.5%, reaching $1.7 trillion. A further increase of 7.2% is expected next year.This is great news for the three companies that dominate the global advertising market: Meta, Amazon, Google, and Alphabet, the owner of YouTube. With their leadership in social media, retail media, and search, this “triumvirate” is expected to capture 43.6% of all ad spend, rising…

Telegram CEO Pavel Durov was arrested on Saturday as he departed from a private jet at Le Bourget airport outside Paris, multiple media outlets reported.Reuters, citing French media sources, reported that the mysterious billionaire entrepreneur was arrested as part of a preliminary investigation into criminal activity on the instant messaging app. According to CBS News, the investigation focuses on posts on the platform that may contain illegal activities such as fraud, drug trafficking and organized crime, and Telegram is accused of not properly moderating such content.CBS News reported that he is scheduled to appear in court Sunday.Durov’s arrest comes amid…

Among the list of qualities he wants in a president, Mark Cuban told Business Insider that he wants an open-minded leader who won’t become an “ideologue” while in office.Following the four-day convention in Chicago, Cuban took to social media to praise the Democratic candidate, particularly her message of helping small business owners and entrepreneurs and lifting up America’s middle class by reducing the costs of health care, groceries and housing.”Talking to stakeholders is the first step to understanding why the economy works or doesn’t work, from pricing to growth,” Cuban wrote in a post on X on Friday.”She is pro-business.…

The Democratic and Republican national conventions concluded this week, with former President Donald Trump and Vice President Kamala Harris confirmed as their parties’ nominees.But the atmosphere of the convention, with its partisan speeches and celebrity appearances, created by the stage design where each candidate spoke and the signs held by the audience, highlighted each party’s priorities ahead of this year’s hotly contested elections.One political scientist told Business Insider that the staging and audience participation at conventions revealed a stark difference between voters and the candidates themselves.”Harris’ background was a more traditional American image, whereas Trump’s background was a Trump image,”…

Police at Paris-Le Bourget Airport, once Paris’ main airport but now a general aviation airport for private and business flights to the French capital, arrested Telegram app CEO Pavel Durov on Saturday. (Photo credit: Reuters) Pavel Durov, billionaire CEO of messaging app Telegram, was arrested in Paris on Saturday night, Reuters reported, according to TF1 and BFM television. According to TF1, Durov received an arrest warrant in connection with a preliminary police investigation.AT&T launches smartwatch to help kids stay in touch with their parents TF1 reports that the investigation concerns his company’s messaging app, which French police believe lacks moderators…

Brad Jacobs’ latest venture could be a huge success. Brad Jacobs may not be a household name among individual investors, but he has one of the most accomplished track records of any CEO working today. The first company Jacobs founded in the United States was United Waste Systems, which achieved a compound annual rate of return of 55% from its founding in 1989 until its sale to what would become Waste Management in 1997. At the time, the company was the fifth-largest solid waste management company in North America. Jacobs then co-founded United Rentals, which used a similar roll-up strategy…