Feedburner 9 April 2018

Mueller is investigating a $150,000 payment a pro-Russian oligarch made to the Trump Foundation during the campaign

Alex Wong/Getty Images The special counsel Robert Mueller is reportedly probing a $150,000 donation a pro-Russian Ukrainian oligarch made to the Trump Foundation in September 2015. The oligarch, Victor Pinchuk, made the donation after then-candidate Donald Trump gave a 20-minute speech at a European conference that promoted closer ties between Ukraine and the West. The donation was reportedly solicited by Trump's personal lawyer, Michael Cohen, whose offices were raided by the FBI as part of a separate investigation on Monday. The special counsel Robert Mueller is looking into a large donation a pro-Russian Ukrainian oligarch made to the Trump Foundation in September 2015 after then-candidate Donald Trump gave a video talk at a conference in Kiev, Ukraine, The New York Times reported. At the time, Trump was one of several Republicans vying for the 2016 presidential nomination. In August 2015, Doug Schoen, a political consultant who works for the Ukrainian billionaire and steel magnate Victor Pinchuk, personally contacted Trump to set up the speech, according to the report.See the rest of the story at Business InsiderNOW WATCH: Here's why the death penalty and longer prison sentences don't really deter crimeSee Also:The FBI raided Trump lawyer Michael Cohen's office — and it looks like it came off a tip from MuellerPaul Manafort moves to suppress potentially explosive evidence against him in the Russia investigationTrump blasts the FBI and DOJ for 'slow walking' their response to a Republican subpoenaSEE ALSO: The FBI raided Trump lawyer Michael Cohen's office — and it looks like it came off a tip from Mueller

Read More →

14 predictions for the future of media

BIIThe media landscape is almost shifting more quickly than consumers can keep up. But certain trends have emerged that will carry the media industry into the future. For the past eight years, IGNITION, Business Insider’s flagship conference, has collected the best minds in media and technology to share what they see as the future. Through unscripted interviews, cutting-edge demos, and insights from industry pioneers, attendees learn what key trends to be aware of and what they need to do to stay ahead.See the rest of the story at Business InsiderSee Also:Netflix changes the paradigm for producersHere's what's next for Spotify after going publicFacebook ramps up announcements on data protection efforts

Read More →

The $66 billion Bayer-Monsanto merger just got a major green light — but farmers are terrified

Jim Young/Reuters Bayer, a German pharmaceutical and chemical company, has won approval in the US to buy agricultural giant Monsanto. But farmers are worried about what the consolidation might mean for prices and their future business. Whereas Bayer and Monsanto claim the move will spur innovation, other analysts have expressed skepticism.  A blockbuster deal between Bayer and Monsanto appears to be moving ahead. On Monday, the US Department of Justice approved the German pharmaceutical and chemical group's bid to buy the US seed giant for more than $60 billion, The Wall Street Journal reported. Bayer agreed to sell off additional assets to alleviate anti-trust concerns. See the rest of the story at Business InsiderNOW WATCH: Here's why I'm donating my body to scienceSee Also:How eating meat creates a 'dead zone' the size of New Jersey in the Gulf of Mexico every yearAntarctica's new greenhouse can harvest vegetables even when it's -100 degrees Fahrenheit outside — take a lookAnimated map of Mars reveals where humans should build the first Martian citiesSEE ALSO: Trump-supporting farmers are worried that new immigration policies would be a disaster

Read More →

China may be getting ready to deliver some welcomed news to the markets

  Chinese President Xi Jinping will deliver a keynote speech at the Boao Forum for Asia on Tuesday. The speech comes at a time of heightened trade tensions between the United States and China. TD Securities thinks Xi may use the speech to open the door to begin trade negotiations with the United States.  See the rest of the story at Business InsiderNOW WATCH: Wall Street's biggest bull explains why trade war fears are way overblownSee Also:These states could be hit the hardest by a trade war with ChinaHere's what China has going for it in a trade war — and what it doesn'tTrump says the US has already lost its trade war with ChinaSEE ALSO: TRUMP'S TOP ECONOMIC ADVISER: China is a First World country and it’s 'got to act like one'

Read More →

THE SELF-INSTALLED SMART HOME REPORT: Why current smart home device owners are appealing to tech companies

BI Intelligence This is a preview of a research report from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here. Not that long ago, many home-appliance and consumer-electronics makers were gearing up for what they thought would soon be a rapidly growing market for smart home devices. See the rest of the story at Business InsiderNOW WATCH: Here's the best smartphone camera you can buySee Also:Xiaomi’s new AI research team will bolster its voice assistantTHE MESSAGING APPS REPORT: How brands, businesses, and publishers can capitalize on the rising tide of messaging platformsGoogle Home is set to launch in India

Read More →

Judge signs off on $25 million settlement in lawsuit against 'fraudulent' Trump University

Bebeto Matthews/AP Photo A federal judge on Monday signed off on a $25 million agreement to settle fraud claims arising from Trump University, the now-defunct education venture of US President Donald Trump. A US judge declared the settlement final after a former student agreed to drop further appeals. New York Attorney General Eric Schneiderman, who had sued Trump over the university, said: "Victims of Donald Trump’s fraudulent university will finally receive the relief they deserve." NEW YORK (Reuters) - A federal judge on Monday signed off on a $25 million agreement to settle fraud claims arising from Trump University, the now-defunct education venture of U.S. President Donald Trump, after a former student agreed to drop further appeals. U.S. District Judge Gonzalo Curiel in San Diego declared the settlement “final” after the former student, Sherri Simpson of Fort Lauderdale, Florida, decided not to challenge a Feb. 6 decision by the 9th U.S. Circuit Court of Appeals upholding the settlement.See the rest of the story at Business InsiderNOW WATCH: This transgender activist and former Obama White House intern isn't backing down against TrumpSee Also:The US and North Korea are holding secret talks ahead of a planned meeting between Trump and Kim Jong UnA southern mayor from a deep-red state could be Democrats' answer to a big problem against TrumpOne of the central arguments in Trump's attacks on Amazon is all wrong — and it's Citigroup's fault

Read More →

Tony Robbins has apologized for saying women use the #MeToo movement to 'get significance and certainty by attacking and destroying someone else'

Mike Windle/Getty Images Tony Robbins, world-renowned performance coach, has apologized for comments he made about the #MeToo movement at an event in March. Robbins told an audience member at the event that women use the movement to "get significance and certainty by attacking and destroying someone else." NowThis tweeted a clip of the event that went viral. Tarana Burke, founder of the #MeToo movement said Robbins' comments were especially damaging because of his tremendous influence. World-renowned performance coach Tony Robbins has apologized for remarks he made in March, about how women use the #MeToo movement to "get significance." Robbins posted the apology on Facebook and linked to the statement on Twitter. It read, in part: "I apologize for suggesting anything other than my profound admiration for the #MeToo movement. Let me clearly say, I agree with the goals of the #MeToo movement and its founding message of  'empowerment through empathy,'  which makes it a beautiful force for good."See the rest of the story at Business InsiderNOW WATCH: How to use a semicolon properlySee Also:The 17 shows Netflix has canceled, including recently cut comedy 'Everything Sucks''High school now, it's a whole other level': 7 adults who posed as teenagers for a semester were shocked by how much things have changedThe most crowdfunded watch company ever is making $1,000+ luxury watches affordable for everyoneSEE ALSO: A day in the life of Tony Robbins, who sleeps 3 hours a night before waking up to an 'adrenal support cocktail' and a plunge into freezing water

Read More →

50 injured, including 2 British children, in deadly bus crash in Malta

REUTERS/Darrin Zammit Lupi Two people have died and 50 have been injured in a bus crash in Malta. The double-decker tourist bus hit a low-hanging tree branch. Six people have been hospitalised, including two British children aged six and eight. Three British tourists including two young children have been injured in a deadly bus crash in Malta.  Two people have died and 50 were injured after an open-top double-decker tourist bus crashed into a low-hanging tree branch.See the rest of the story at Business InsiderNOW WATCH: What living on Earth would be like without the moonSee Also:The 17 shows Netflix has canceled, including recently cut comedy 'Everything Sucks''High school now, it's a whole other level': 7 adults who posed as teenagers for a semester were shocked by how much things have changedThe most crowdfunded watch company ever is making $1,000+ luxury watches affordable for everyone

Read More →

The Justice Department had to go to extraordinary lengths to conduct a raid on top Trump lawyer Michael Cohen

Jonathan Ernst/Reuters Legal experts noted that the Justice Department went to extraordinary lengths to carry out a raid on President Donald Trump's longtime lawyer Michael Cohen. They said those lengths show how big of a deal the raid is. It's "bad news" for Cohen. The Department of Justice had to go to extraordinary lengths in order to carry out the raid on President Donald Trump's personal lawyer Michael Cohen. And the lengths to which the Justice Department went show just how big of a deal the raid is, and, as experts said, how it is such "bad news" for Cohen.See the rest of the story at Business InsiderNOW WATCH: BILL BROWDER: How sanctions on Russia hurt Putin's closest alliesSee Also:The FBI raided Trump lawyer Michael Cohen's office — and it looks like it came off a tip from MuellerTrump keeps insisting Amazon does not collect sales tax — but his own company's online store does so in only 2 statesTrump is really excited about new Yankees star Giancarlo StantonSEE ALSO: The FBI raided Trump lawyer Michael Cohen's office — and it looks like it came off a tip from Mueller

Read More →

A US shale bottleneck is threatening oil prices

Andrew Burton/Getty Images The Permian basin's pipeline network is filling up and there is more oil on the way. The US Energy Information Administration is predicting production will hit 3.156 million barrels per day (mb/d) of output in April, up 850,000 bpd from a year ago. This is likely going to put pressure on prices.   The Permian basin is driving U.S. shale growth, with expectations that the basin will add enormous volumes this year, keeping the oil market well-supplied. But the Permian’s pipeline network is already filling up, forcing steep discounts for oil, and threatening to derail the aggressive growth projections for the region.See the rest of the story at Business InsiderNOW WATCH: How Jay-Z and Diddy used their fame to make millions off of 'cheap grapes'See Also:'High school now, it's a whole other level': 7 adults who posed as teenagers for a semester were shocked by how much things have changedThe most crowdfunded watch company ever is making $1,000+ luxury watches affordable for everyoneAn oil crisis may be brewing — and it's not because of decreasing demand

Read More →

THE EVOLUTION OF ROBO-ADVISING REPORT: How automated investment products are disrupting and enhancing the wealth management industry

BI IntelligenceThis is a preview of a research report from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here. Startups with robo-advisor products are failing to live up to their initial promise. As solutions proliferate and consumer adoption remains slower than expected, many firms are re-examining and updating their strategies to survive.  See the rest of the story at Business InsiderSee Also:The 17 shows Netflix has canceled, including recently cut comedy 'Everything Sucks''High school now, it's a whole other level': 7 adults who posed as teenagers for a semester were shocked by how much things have changedThe most crowdfunded watch company ever is making $1,000+ luxury watches affordable for everyone

Read More →

Women in tech share painful stories about getting paid less than the guy working next to them

Chasing Grace Tuesday is Equal Pay Day and it's traditional to wear red to work in solidarity. Tech companies, for all their hand-wringing about attracting more women to the industry, still don't pay women equally to men, new research finds. A documentary called Chasing Grace by a former Linux Foundation exec is sharing women's stories about discovering they were getting paid less. Imagine coming home from your favorite grocery store and discovering your neighbor shops at the same store, buys the same items — and still pays about 20% less than you do. And when you complain, you're told that there's nothing anyone can do, that it's just the way things are for people like you, despite any laws to the contrary.  How would you feel about this store? Somewhere between disillusioned and duped? Would you still shop there? Think about this analogy as you consider how women are still paid less than men, even for the same work.See the rest of the story at Business InsiderNOW WATCH: This transgender activist and former Obama White House intern isn't backing down against TrumpSee Also:The 17 shows Netflix has canceled, including recently cut comedy 'Everything Sucks''High school now, it's a whole other level': 7 adults who posed as teenagers for a semester were shocked by how much things have changedThe most crowdfunded watch company ever is making $1,000+ luxury watches affordable for everyoneSEE ALSO: Salesforce CEO Marc Benioff explains how to be successful even when the world thinks you'll fail SEE ALSO: THE TAKEDOWN OF TRAVIS KALANICK: The untold story of Uber's infighting, backstabbing, and multimillion-dollar exit packages

Read More →

Man hospitalised with excruciating 'thunderclap' headaches after eating the world's hottest pepper

Richard Elzey/Flickr (CC) A man was hospitalised with excruciating "thunderclap" headaches after eating a Carolina Reaper chili pepper. The Reaper was the world's hottest chili pepper at the time of the incident. "Thunderclap" headaches are medical emergencies, because they can signal bleeding in the brain. But in this instance, the pepper's spiciness caused the blood vessels supplying his brain to temporarily thin, producing the same painful outcome. Eating super-hot chili peppers can have painful effects that extend beyond a blazing mouth, doctors warn. After downing a "Carolina Reaper," billed as the world's hottest chili pepper at the time, a 34-year-old man developed intense head and neck pain and had several brief but excruciating headaches over the next few days. Known as "thunderclap headaches," these episodes are a medical emergency, because they can signal bleeding in the brain, a clot shutting down brain blood flow, or other life-threatening conditions.See the rest of the story at Business InsiderSee Also:The 17 shows Netflix has canceled, including recently cut comedy 'Everything Sucks''High school now, it's a whole other level': 7 adults who posed as teenagers for a semester were shocked by how much things have changedThe most crowdfunded watch company ever is making $1,000+ luxury watches affordable for everyone

Read More →

Amazon's payroll falls under several industries in the jobs report — here are the main ones

Peter Wynn Thompson/AP Images for Amazon The Bureau of Labor Statistics released its monthly job report Friday. The report included a breakdown of which industries created jobs over the past 12 months.  Amazon gets picked up in various bits and pieces of the survey, and its data is spread over numerous categories. Which sectors created 2.2 million jobs in 12 months? Brick & mortar melts down. Governments shed jobs too, even information tech. In the jobs report today, the Bureau of Labor Statistics provided a trove of granular data on which industries and governments created jobs over the past 12 months, and which destroyed jobs – with some counter-intuitive results. I have lumped education jobs at state and local governments into one category to get a better feel for employment in education. I titled this category in my creative manner, “Education, state & local gov,” the fifth largest category, with 10.9 million workers. Employment by state and local governments is then shown “excluding education.” The Federal government, with a payroll of 2.8 million people, is way down on the list. It may be the largest single employer in the US, but it’s not the largest sector. The military is not included. But it includes the shrinking postal service, which accounts for about 28% of civilian federal employment. The USPS payroll shrank by 10,500 people over the past year.See the rest of the story at Business InsiderNOW WATCH: What living on Earth would be like without the moonSee Also:A brief history of the 1929 stock market crashTrump says he's taking a serious look at policy options on AmazonTech stocks are influencing the market in more ways than you thinkSEE ALSO: Trump keeps insisting Amazon does not collect sales tax — but his own company's online store does so in only 2 states

Read More →

Here's where the future of retail is headed in 2018 (TGT, WMT, AMZN)

BIIThe future of retail is looking bright. So bright that BI Intelligence, Business Insider’s premium research service, expects the industry to top $5.5 trillion by 2020! While in-store and desktop purchases are certainly helping the retail industry boom, the biggest factor for this incredible growth is in your pocket.See the rest of the story at Business InsiderSee Also:Walmart is adding Pickup Towers to 500 storesThe retail price wars are intensifyingThe resale apparel market is set to soar

Read More →

THE FULLY AUTONOMOUS CAR UPDATE: How self-driving cars are poised to move into the mainstream and upend the automotive industry

BI IntelligenceThis is a preview of a research report from BI Intelligence, Business Insider's premium research service. To learn more about BI Intelligence, click here. The self-driving car is no longer a futuristic fantasy. Consumers can already buy vehicles that, within a few years time, will get software updates enabling them to hit the road without the need for a driver. This autonomous revolution will upend the automotive sector and disrupt huge swaths of the economy, while radically improving energy efficiency and changing the way people approach transport around the world.See the rest of the story at Business InsiderSee Also:'High school now, it's a whole other level': 7 adults who posed as teenagers for a semester were shocked by how much things have changedThe most crowdfunded watch company ever is making $1,000+ luxury watches affordable for everyoneDaimler and Via bring shuttle ride-sharing to London

Read More →

Backpage.com executives have been charged with a 93-count federal indictment that alleges conspiracy to facilitate prostitution and money laundering

Seven executives of the popular classified advertising website Backpage.com, including its co-founders, have been charged in a 93-count federal indictment, according to a press release from the US Department of Justice.  On Friday, the site was seized by federal authorities, per a notice posted on the website, but the  exact reasons were unknown at the time. The DOJ said the site has earned hundreds of millions of dollars from facilitating prostitution and sex trafficking.  The cofounders of Backpage.com, along with five other executives of the online classified advertising site, were charged with 93 counts of federal crimes on Monday for practices that the Department of Justice alleged "enabled Backpage to earn over $500 million in prostitution-related revenue since its inception." The indictment released on Monday alleges that the executives used "a variety of strategies" to make prostitution ads look like ads for legal services like adult companionship and escort services. See the rest of the story at Business InsiderNOW WATCH: Facebook can still track you even if you delete your account — here's how to stop itSee Also:'High school now, it's a whole other level': 7 adults who posed as teenagers for a semester were shocked by how much things have changedThe most crowdfunded watch company ever is making $1,000+ luxury watches affordable for everyoneOnline advertising site Backpage.com was seized by the FBISEE ALSO: Saudi Arabia's millennial crown prince got a rare tour of the inside of Apple's new $5 billion campus

Read More →

One chart shows how much more men make than women in 25 major cities

Chris Crisman Photography In 2018, American women earn 19.5% less than their male colleagues, according to the US Census Bureau. A recent analysis looks at gender wage gaps between white men and women of four different races in 25 major US metro areas. In every city included in the report, Hispanic women fare the worst. Tampa, Florida has the narrowest gender wage gap in the dataset overall, and Seattle, Washington has the widest, according to the analysis. Tuesday is Equal Pay Day, which is meant to bring attention to the gender wage gap in the US. While women graduate from college at higher rates than men, the former still earn less than the latter in 2018. According to US Census Bureau data, the gender wage gap stands at around 19.5% nationwide on average. (e.g. If a man makes $50,000 a year, his female coworker with the same role might earn $40,250.)See the rest of the story at Business InsiderNOW WATCH: How a series of deadly Russian apartment bombings in 1999 led to Putin's rise to powerSee Also:Border-crossing arrests are at historic lows — but Trump is still bemoaning a 'drastic surge' in illegal immigrationRussia is pushing these 14 mutually contradictory theories to claim they weren't behind the nerve agent attackTrump rolls out a massive list of tariffs for $50 billion worth of Chinese productsSEE ALSO: While Iceland is the first country to outlaw the gender pay gap, the rest of the world is seeing a bigger divide than ever DON'T MISS: 5 more charts show how much more men make than women

Read More →

Mexico is fed up with Trump, and now the government is reviewing all its cooperation with the US

AP Photo/Evan Vucci MEXICO CITY (Reuters) - Mexico will review all cooperation with the United States, the government said on Monday, in a sign of President Enrique Peña Nieto's increasing frustration with his counterpart Donald Trump's treatment of the country. In a brief statement, the Mexican government said Pena Nieto instructed ministries at a cabinet meeting on Sunday to evaluate "mechanisms of cooperation" with the US government.See the rest of the story at Business InsiderNOW WATCH: One of these prototypes could become Trump's border wallSee Also:Mattis says he won't rule out 'anything' in response to suspected Syrian chemical attackThe National Guard's past deployments to the border hint at what it may be doing there nowMigrants coming over the US-Mexico border say they're not afraid of Trump's tough talk, will continueSEE ALSO: Trump wants to beef up border security to 'knock the hell out of the drug flow' — but it could still miss most of the smuggling

Read More →

TRUMP FUMES AT MUELLER AFTER COHEN RAID: 'It's an attack on our country'

Drew Angerer/Getty Images President Donald Trump slammed the FBI's raid on the offices of his longtime personal attorney, Michael Cohen. He called the latest development a "witch hunt," and "an attack on our country." Investigators from the US attorney's office at the Southern District of New York reportedly raided Cohen's offices after receiving a tip from the special counsel Robert Mueller's team. The revelation indicates Cohen is a subject of interest in two criminal investigations, legal experts said. President Donald Trump slammed the FBI's raid on the offices of his longtime personal attorney, Michael Cohen, and called the incident "a disgraceful situation." "I have this witch hunt constantly going on," Trump said during a military leadership meeting, according to a press pool report. "It's an attack on on our country ... what we all stand for."See the rest of the story at Business InsiderNOW WATCH: This transgender activist and former Obama White House intern isn't backing down against TrumpSee Also:'60 Minutes' broke down how Mueller could use the Stormy Daniels 'hush money' payment into his investigationThe FBI raided Trump lawyer Michael Cohen's office — and it looks like it came off a tip from MuellerTrump's lawyers are reportedly getting him ready to face MuellerSEE ALSO: The FBI raided Trump lawyer Michael Cohen's office — and it looks like it came off a tip from Mueller

Read More →
Calendar