Categories
Entertainment

At Lincoln Heart, Hooked on Swing and Again on the Dance Flooring

Three summers ago, on a mid-July evening, Margaret Batiuchok was teaching the basics of Lindy Hop on an outdoor stage at Lincoln Center when her microphone went dead.

It was the final night of Midsummer Night Swing, a tradition spanning more than 30 years that saw New Yorkers obsessed or just curious about partner dancing flock to a massive dance floor on the Upper West Side.

Batiuchok switched to a megaphone, but it quickly became clear that the problem went beyond technical difficulties: part of Manhattan’s West Side had lost power and would not regain it for several hours.

The dancers were asked to disperse before sunset that night, and some are now joking that the 2019 blackout was a bad omen.

In 2020, the coronavirus pandemic hit the city, forcing Lincoln Center to cancel Midsummer Night Swing for the first time since it began in 1989. It was canceled again in 2021.

Lana Turner, 72, a Harlem resident who has been dubbed the doyenne of Lincoln Center’s swing dance community, recalled the days when she and her fellow dancers didn’t have their usual summer spot.

“There was a lot of pent-up energy,” Turner said.

In June, that energy was released again: the dance floor returned to Lincoln Center and regulars reunited with friends and familiar faces. They didn’t necessarily know each other’s last names, but they were long-standing fixtures in each other’s lives.

“You realize you care about them even though they’re semi-strangers,” said Mai Yee, who has danced with Midsummer Night Swing for more than 20 years. “It was like, ‘Oh my god, you’re here — we survived that!'”

One of the people Yee usually only sees dancing is Turner, who started attending Midsummer Night Swing around the same time. Yee remembers Turner hitting the ground running year after year, always wearing something exquisite. (Turner’s flashy fashions once caught the attention of New York Times fashion photographer Bill Cunningham.)

On a tango night this summer, Yee and Turner, wearing a floor-length yellow peacock-print dress, chatted with other longtime participants and discussed how far they would go to partner dancing during the pandemic. Some held one end of a ribbon or rope while their partner held the other so they could connect without touching. Some attended classes virtually, and once they were able to dance in person with others, they wore gloves and masks for protection.

“It’s not an addiction; I can stop anytime!” said Anahý Antara as couples hugged and danced the tango around her.

Back when she was dancing five nights a week during Midsummer Night Swing, which typically lasted three weeks, Antara said she had a voicemail message that simply said, “You know where I am.”

The event to which the dancers returned was different from previous times. For years, the Midsummer Night Swing took place in Damrosch Park; This year, the dancing was back in the square where it began 33 years ago when a big band anniversary party at Lincoln Center became an annual tradition. (It moved to Damrosch Park in 2008 due to construction work on the square.)

For the program’s grand return, Lincoln Center hired Clint Ramos, a Broadway costume and set designer, to create a performance in the plaza between the grand buildings that house the Metropolitan Opera, the New York City Ballet, and the New York Philharmonic to create eye-catching outdoor dance hall. Dubbed the Oasis, it featured a 10-foot diameter disco ball, a mirrored stage, and an electric blue dance floor that drew passers-by, many of whom preferred to sit on the sidelines sipping wine and watching the spectacle.

“It’s more like a party, like a celebration,” said Batiuchok, the ultimate Midsummer Night Swing veteran, after performing at the first two events with swing dance champion Frankie Manning.

Another important change this year: Admission was free. Originally, visitors who wanted to dance on the ground floor paid an entrance fee, while others could dance salsa and rumba on the sidelines while the band blasted music into the park.

The free dance events, which ended Aug. 6, drew more people than in previous years, not all of them serious dancers, leading to some grumbling among regulars that it was harder to find qualified partners. Lincoln Center estimated this year’s attendance at 54,000. In 2019, Midsummer Night Swing drew around 15,000 ticket holders to the dance floor, with an additional 23,000 people on the periphery, the organization said.

And perhaps the biggest change: the name Midsummer Night Swing has disappeared, at least for the time being. This year, ballroom dancing was part of Lincoln Center’s Summer for the City Festival, which also included workshops for children, orchestral concerts and poetry readings.

The dance styles were still diverse. Among this season’s offerings: Lindy Hop, Afrobeat, House, Salsa, Zydeco, Disco, Merengue, Tango, Flamenco, Freestyle and Ballroom.

The dancers came with all sorts of backstories: a 67-year-old woman who convinced her husband to move away from Paris so she could dance with the salsa greats of New York City; a 24-year-old doorman who began attending events with his church friends; a 53-year-old mother with stage 4 cancer who dances to find joy and calls it a “life force”.

They danced to connect with their cultural history.

“Having a dance created by our community, created by our ancestors, is a form of resilience,” said Taneeka Wilder, 41, a Bronx resident who started dancing lindy hop, a form, about six years ago , who was born in Harlem in the late 1920s .

They danced for their health.

“At 72, my blood pressure is excellent,” said Joanne Swain, who has been dancing since she was 14, as she sneaked into the Palladium nightclub on East 14th Street. “My doctor said to me, ‘Whatever you’re doing, keep doing it.'”

And they danced for human connection, something many felt deprived of during the height of the pandemic. It’s normal here to take a stranger’s hand and let yourself be carried away for a song or two. (Even these reporters were lured onto the dance floor.)

“During Covid, I realized that apart from the human touch, what I missed the most was dancing,” said Veronica Cabezas, 42, who was beaming with excitement at a salsa night last month. “It puts you in a state of readiness to meet a new person.”

Few attendees wore masks at the events, and everyone agreed: Zoom couldn’t compare himself to dancing under the stars, nor could he dance at home with a broomstick as a partner, which Swain recalled doing at their house in the Bedford-Stuyvesant neighborhood of Brooklyn.

On one of the final nights of the season, just days before the Oasis was demolished, swing dancers gathered for the Harlem Renaissance Orchestra, the same group that was performing in 2019 when the power went out.

WR Tucker, 88, whose dance name is Tommy Tucker, courted partners in a cream linen suit and matching fedora.

After moving to New York from Florida in 1954, he was a regular at the Savoy Ballroom in Harlem. Tucker, who has attended Lincoln Center’s social dance events for about a decade, credits the dancing with keeping him “out of trouble.” He hasn’t stopped during the pandemic, even if he had to do it alone at home.

“New York was dying, but I was dancing in the house,” Tucker said. “Being here now feels like a new life.”

Categories
Politics

A Lengthy-Shot Push to Bar Trump in 2024 as an ‘Insurrectionist’

WASHINGTON – Demokraten und liberale Gruppen, die entschlossen sind, einen Weg zu finden, dem ehemaligen Präsidenten Donald J. Trump die Rückkehr ins Amt zu verwehren, bereiten eine Vielzahl von Möglichkeiten vor, ihn zu disqualifizieren, darunter die Ausarbeitung neuer Gesetze und die Vorbereitung einer Flut von Gerichtsverfahren, in denen versucht wird, ein Obskures zu verwenden Klausel in der Verfassung, ihn als Aufständischen zu brandmarken.

Die Pläne laufen auf einen außerordentlich langwierigen Versuch hinaus, das zu erreichen, was mehrere Ermittlungen gegen Mr. Trump nicht erreicht haben: jede Chance auszuschließen, dass der ehemalige Präsident die Macht wiedererlangen könnte, ob die Wähler es wollen oder nicht. Sie spiegeln die wachsende Besorgnis unter Demokraten und liberalen Aktivisten wider, die versuchen, einen Weg zu finden, die politische Karriere des ehemaligen Präsidenten und der Beamten zu beenden, die ihm geholfen haben, an der Präsidentschaft festzuhalten, unter anderem durch mehrere neue und in einigen Fällen obskure Strategien.

Demokraten und einige Anti-Trump-Republikaner haben Angst, dass Merrick B. Garland, der Generalstaatsanwalt, keine strafrechtlichen Schritte gegen Mr. Trump wegen seiner Bemühungen einleiten wird, die Wahlen von 2020 zu stürzen, die in der gewaltsamen Erstürmung des Kapitols am 6. Januar gipfelten , 2021. Selbst wenn Mr. Trump wegen eines Verbrechens angeklagt und verurteilt würde, gibt es kein Gesetz, das es selbst einem inhaftierten Schwerverbrecher verbietet, Präsident zu werden.

Gleichzeitig ist Mr. Trump der weithin vermutete Spitzenkandidat für die republikanische Präsidentschaftsnominierung im Jahr 2024, dessen Popularität bei der Basis seiner Partei durch die hochkarätigen Anhörungen des Repräsentantenhauses in diesem Jahr, die die Breite seiner Bemühungen um eine Umkehr offenbaren, ungeschmälert zu sein scheint eine demokratische Wahl.

Einige der Bemühungen, seine Rückkehr zu blockieren, finden in den Staaten statt, in denen die gemeinnützige Organisation Free Speech For People und andere Gruppen wie Citizens for Responsibility and Ethics Klagen gegen Gesetzgeber eingereicht haben, die an Mr. Trumps Versuchen beteiligt waren, sein Jahr 2020 rückgängig zu machen Verlust.

Der Vorstoß gewann diese Woche an Fahrt, als ein Richter in New Mexico Couy Griffin von seinem Posten als Kommissar des Otero County in New Mexico entfernte und ihn wegen seiner Teilnahme an den Unruhen vom 6. Januar und wegen seiner Hilfe bei der Verbreitung der Wahllügen, die ihn inspirierten, als Aufständischen brandmarkte . Die Klage des Richters gegen Mr. Griffin, den Gründer von Cowboys for Trump, der Anfang dieses Jahres wegen Hausfriedensbruchs verurteilt wurde, als er während des Angriffs Barrikaden vor dem Kapitol durchbrach, war das erste Mal seit mehr als einem Jahrhundert, dass ein Amtsträger davon ausgeschlossen wurde Dienst unter dem verfassungsrechtlichen Verbot von Aufständischen, die ein Amt innehaben.

Noah Bookbinder, Präsident von Citizens for Responsibility and Ethics, der überparteilichen Überwachungsorganisation, die gegen Herrn Griffin Klage eingereicht hat, sagte, das Urteil des Richters sende eine klare Botschaft, dass die Ereignisse vom 6. Januar als Aufstand qualifiziert seien und dass diejenigen, die an der „Planung , Mobilisierung und Anstiftung“ der Gewalt an diesem Tag, einschließlich Herrn Trump, aus dem Amt ausgeschlossen werden könnten.

Er sagte, seine Gruppe schaue sich „streng an“, wie man solche Herausforderungen gegen den ehemaligen Präsidenten verfolgen könne.

„Es gibt eine enorme Menge an Beweisen über die Rolle von Donald Trump bei den Bemühungen, die Wahl zu kippen und den Angriff vom 6. Januar anzustacheln“, sagte Mr. Bookbinder. „Es scheint, als gäbe es einen ernsthaften Grund dafür, dass es bei Donald Trump Anwendung finden könnte.“

Progressive Aktivisten haben sich auch mit Außenministern getroffen und Briefe an Beamte geschickt, die Wahlen überwachen, um sie davon zu überzeugen, ihre Autorität zu nutzen, um jeden, der an dem Angriff auf das Kapitol vom 6. Januar beteiligt war, 2024 von der Wahl auszuschließen. Wahlbeamte insgesamt 50 Bundesstaaten und der District of Columbia haben bereits Briefe erhalten, in denen sie aufgefordert werden, Mr. Trump von der Abstimmung auszuschließen.

Wichtige Enthüllungen aus den Anhörungen vom 6. Januar

Karte 1 von 9

Wichtige Enthüllungen aus den Anhörungen vom 6. Januar

Anklage gegen Trump erheben. Der Ausschuss des Repräsentantenhauses, der den Angriff vom 6. Januar untersucht, legt eine umfassende Darstellung der Bemühungen von Präsident Donald J. Trump vor, die Wahlen von 2020 zu stürzen. Hier sind die Hauptthemen, die sich bisher aus acht öffentlichen Anhörungen herauskristallisiert haben:

Wichtige Enthüllungen aus den Anhörungen vom 6. Januar

Pence unter Druck setzen. Laut Zeugenaussagen des Gremiums während der dritten Anhörung übte Herr Trump weiterhin Druck auf Vizepräsident Mike Pence aus, einem Plan zur Aufhebung seines Verlusts zuzustimmen, selbst nachdem ihm mitgeteilt wurde, dass dieser illegal sei. Das Komitee zeigte, wie Mr. Trumps Aktionen seine Anhänger dazu veranlassten, das Kapitol zu stürmen und Mr. Pence um sein Leben zu fliehen.

Und es wird am Capitol Hill gearbeitet, wo die Demokraten Gesetze zur Durchsetzung des Verbots des 14. Zusatzartikels ausgearbeitet haben.

„Wenn er sich entscheidet, für ein Amt zu kandidieren, sind wir bereit, seine Wählbarkeit gemäß Abschnitt 3 der 14 . Trumpf. „Es ist schwer, zu einem anderen Schluss zu kommen, als dass er gemäß dem 14. Verfassungszusatz von öffentlichen Ämtern ausgeschlossen ist.“

Eineinhalb Jahre nach dem Ausscheiden von Herrn Trump sehen die Demokraten ihn weiterhin als ernsthafte Gefahr für das Land und – selbst nach einer Sonderermittleruntersuchung, zwei Amtsenthebungen, einem großen Wahlsieg im Jahr 2020 und einer aufschlussreichen Kongressuntersuchung zu Herrn Trump. Trumps Bemühungen, die Wahl zu kippen – viele sind zunehmend besorgt, dass er an die Macht zurückkehren könnte.

Wie Reporter der Times über Politik berichten. Wir verlassen uns darauf, dass unsere Journalisten unabhängige Beobachter sind. Während also Mitarbeiter der Times wählen dürfen, dürfen sie keine Kandidaten unterstützen oder für politische Zwecke werben. Dazu gehört die Teilnahme an Märschen oder Kundgebungen zur Unterstützung einer Bewegung oder das Spenden oder Sammeln von Geldern für politische Kandidaten oder Wahlangelegenheiten.

Ein Sprecher von Herrn Trump antwortete nicht auf eine Bitte um Stellungnahme, aber die Anwälte von Herrn Trump sind sich bewusst, dass sie möglicherweise solche Herausforderungen bewältigen müssen, um ihn in mehreren Bundesstaaten auf dem Wahlzettel zu halten, so Personen, die ihre Gespräche kennen. Sie haben die Klagen auf Landesebene gegen andere Beamte genau beobachtet.

Der wenig diskutierte dritte Abschnitt des 14. Zusatzartikels, der während des Wiederaufbaus angenommen wurde, um Mitglieder der Konföderation zu bestrafen, erklärt, dass „niemand“ „ein ziviles oder militärisches Amt unter den Vereinigten Staaten oder unter irgendeinem anderen Staat bekleiden darf, der es hat zuvor einen Eid geleistet“ hatte, „die Verfassung zu unterstützen“, sich dann „an einem Aufstand oder einer Rebellion gegen dieselbe beteiligt oder ihren Feinden Hilfe oder Trost geleistet“ hatte.

Bundesanwälte aus der Zeit des Wiederaufbaus reichten Zivilklagen vor Gericht ein, um mit der Konföderation verbundene Beamte zu verdrängen, und der Kongress weigerte sich laut dem Congressional Research Service in einigen Fällen, Mitglieder aufzunehmen. Aber vor Mr. Griffins Sturz in dieser Woche wurde die Änderung das letzte Mal 1919 durchgesetzt, als der Kongress ein sozialistisches Mitglied ablehnte, das beschuldigt wurde, Deutschland während des Ersten Weltkriegs Hilfe und Trost geleistet zu haben.

Nach dem Angriff auf das Kapitol vom 6. Januar haben liberale Gruppen erfolglos versucht, den 14. Verfassungszusatz zu nutzen, um eine Reihe von Gesetzgebern zu disqualifizieren, darunter die republikanischen Abgeordneten von Arizona, Paul Gosar und Andy Biggs, und Mark Finchem, ein Staatsvertreter, der für das Amt des Sekretärs kandidiert des Staates mit Mr. Trumps Billigung. Sie haben auch versucht und sind gescheitert, die Verfassungsklausel zu verwenden, um Senator Ron Johnson und die Abgeordneten Tom Tiffany und Scott Fitzgerald, allesamt Republikaner aus Wisconsin, auszuschließen; Vertreterin Marjorie Taylor Greene, Republikanerin von Georgia; und Repräsentantin Madison Cawthorn, Republikanerin von North Carolina.

Ein Berufungsgericht entschied im Mai, dass Teilnehmern an einem Aufstand gegen die Regierung das Amt verwehrt werden könnte, aber das Ziel dieses Falls, Mr. Cawthorn, hatte bereits seine Vorwahl verloren, was die Angelegenheit im Wesentlichen strittig machte.

In der Anfechtung der Kandidatur von Frau Greene übernahm ein Richter die Definition der Kläger, dass der Angriff auf das Kapitol vom 6. Januar ein Aufstand gewesen sei, sagte aber, dass es keine ausreichenden Beweise gebe, um zu beweisen, dass Frau Greene daran beteiligt gewesen sei.

Andere Klagen wurden aus Verfahrensgründen abgewiesen.

Die Strategie funktionierte im Fall von Mr. Griffin, aber seine war viel einfacher zu gewinnen als eine potenzielle Herausforderung für Mr. Trump oder einen seiner Mitarbeiter, da der Beamte aus New Mexico bei dem Aufstand am 6. Januar physisch anwesend war.

In den letzten Wochen haben einige hochkarätige Demokraten im Kongress Gesetze eingereicht, die es solchen Klagen erleichtern würden, gegen Mr. Trump und andere an den Ereignissen vom 6. Januar beteiligte Politiker erfolgreich zu sein, obwohl sie keine Chance haben, voranzukommen.

Der Abgeordnete Jamie Raskin aus Maryland, ein Mitglied des Sonderausschusses des Repräsentantenhauses, der den Angriff vom 6. Januar untersucht, und die Abgeordnete Debbie Wasserman Schultz aus Florida, eine ehemalige Vorsitzende des Democratic National Committee, haben ein Gesetz eingereicht, das den Angriff vom 6. Januar auf die USA deklarieren würde Kapitolieren Sie einen Aufstand und ermächtigen Sie den Generalstaatsanwalt, Ermittlungen durchzuführen und zivilrechtliche Schritte gegen jeden einzuleiten, der verdächtigt wird, seinen Amtseid verletzt zu haben. Der Gesetzentwurf würde auch jeden Bürger ermächtigen, eine Zivilklage einzureichen, um einen Amtsträger zu disqualifizieren.

Herr Raskin sagte, er bespreche mit anderen Mitgliedern des Ausschusses vom 6. Januar, ob die Maßnahme in die Empfehlungen des Gremiums aufgenommen werden solle – zusammen mit Überarbeitungen des Electoral Count Act und anderen möglichen Änderungen – die voraussichtlich erhebliche Aufmerksamkeit erregen werden, wenn sie veröffentlicht werden in den kommenden Wochen.

„Dies ist eine Angelegenheit von verfassungsrechtlicher Bedeutung“, sagte Herr Raskin. „Da der Ausschuss in die Endphase unserer Untersuchung und unserer Empfehlungen übergeht, hoffe ich, dass wir dies in Betracht ziehen.“

Sollte der Ausschuss den Schritt befürworten, könnte dies der Gesetzgebung mehr Schwung verleihen, um im Kongress voranzukommen, obwohl sie im Senat mit ziemlicher Sicherheit vor einer unüberwindbaren Hürde stehen würde, wo die Republikaner sie durch Filibuster verhindern könnten. Aber selbst wenn der Gesetzentwurf stirbt, betrachten seine Autoren ihn als Fahrplan für den Kongress, um die Verfassungsbestimmungen in Zukunft durchzusetzen.

Nach dem Angriff auf das Kapitol begannen Rechtswissenschaftler, das Bundesgesetzbuch zu durchsuchen, um Möglichkeiten zu finden, den Beteiligten Konsequenzen aufzuerlegen. Die Randalierer, die Gewalttaten begangen haben, erwiesen sich als leicht anzuklagen und zu verurteilen, was zu Hunderten von Fällen führte. Weniger klar war, was mit den Politikern zu tun war, deren Aktionen zu den Ausschreitungen geführt haben, die aber selbst keine Gewalt begangen haben.

Seit Ende letzten Jahres scheint der Ausschuss des Repräsentantenhauses auf eine Strategie zu setzen, so viele Beweise wie möglich gegen Herrn Trump aufzudecken, mit der Begründung, dass dies das Justizministerium unter Druck setzen würde, den ehemaligen Präsidenten strafrechtlich zu verfolgen.

Im Dezember las die Abgeordnete Liz Cheney, Republikanerin aus Wyoming und stellvertretende Vorsitzende des Komitees, laut die Strafgesetze vor, die Mr. Trump ihrer Meinung nach gebrochen hatte. Im März entschied ein Bundesrichter, dass Mr. Trump und der konservative Anwalt John Eastman, die ihm dabei halfen, eine Rechtstheorie zu entwickeln, um die Annullierung der Wahl zu rechtfertigen, wahrscheinlich rechtswidrig gehandelt haben, indem sie die Arbeit des Kongresses behinderten und sich verschworen hatten, die Vereinigten Staaten zu betrügen.

Während seiner öffentlichen Anhörungen im Juni und Juli schlug der Ausschuss eine Reihe anderer möglicher Gründe für die Verfolgung von Herrn Trump vor, darunter ein Schema, falsche Pro-Trump-Wahlmänner in Staaten vorzuschlagen, die von Joseph R. Biden Jr. gewonnen wurden, basierend auf Spendenbeschaffung auf der Lüge einer gestohlenen Wahl und Einmischung in Komitee-Zeugen.

Maggie Haberman trug zur Berichterstattung bei.

Categories
World News

Bitcoin (BTC) value falls under $19,000 as crypto market drops under $1 trillion

Bitcoin continues to trade in a tight range of $18,000 to $24,000, keeping investors in the loop as to where the price is headed next. The crypto market has been plagued by a range of issues, from collapsed projects to bankruptcies.

Nurphoto | Getty Images

Bitcoin traded below $19,000 on Wednesday morning, hitting its lowest levels since June following a decline in global stock markets and continued US dollar strength.

The value of the overall cryptocurrency market also fell below $1 trillion as digital coins saw a sell-off across the board.

Bitcoin was trading at $18,812.36 as of 03:50 ET, according to CoinDesk, down more than 5%. Ether, which has far outpaced Bitcoin’s gains over the past few months, fell more than 8% to $1,518.59.

Central banks around the world are fighting rampant inflation by tightening monetary policy. The US Federal Reserve made a series of rate hikes totaling 2.25 percentage points. The markets expect further rate hikes.

The Fed’s tightening of monetary policy has strengthened the US dollar, which has weighed on risky assets. The US 10-year Treasury yield has also risen.

Bitcoin has traded in correlation to stocks, so when they fall, so does cryptocurrency generally.

“The macro environment also continues to prove challenging as the dollar continues to make highs. As we can see, this is affecting all risky assets,” Vijay Ayyar, vice president of corporate development and international at crypto exchange Luno, told CNBC.

“If we see the dollar turning back down, we should be able to push risky assets like bitcoin back up.”

The crypto market has been hit this year with nearly $2 trillion lost since its peak in November. Bitcoin is down about 60% from its record high of $68,990.90 set in November.

The sell-off was caused by a difficult environment for risky assets, as well as crypto-specific issues including collapsed projects and bankruptcies that have spread across the industry.

Ethereum merge in focus

Bitcoin has been trading in a tight range between $18,000 and $24,000 since June. Luno’s Ayyar said that “when a bottom is formed, bitcoin usually likes to pull back and test previous lows to see if they hold as support.”

He said that if Bitcoin does not drop below $17,500, the market is likely to consolidate within the $18,000-$24,000 range.

In the meantime, ether and so-called altcoins, i.e. alternative coins, have managed to rise further than Bitcoin. Ether has overtaken Bitcoin since both cryptocurrencies hit bottoms in June.

Ether is the native cryptocurrency on the Ethereum network. Ethereum is planning a huge upgrade this month — known as a merge — that proponents say will make the network more efficient.

“Ethereum hit yearly highs against Bitcoin pair in anticipation of merger,” Ayyar said. “As such, there has been much more interest and activity in the altcoin space as Bitcoin consolidates.”

Categories
Business

Choice on Trump Media Merger Plan Is Deferred

The future of former President Donald J. Trump’s social media platform remains in doubt after a well-funded company it was planning to merge with announced on Tuesday that it would need a few more days to gather shareholder support, act to extend the deadline for completion.

Digital World Acquisition held a meeting Tuesday to announce the outcome of the shareholder vote to extend the deadline for the merger to be completed by another year. But shortly after the meeting began, Digital World chief executive officer Patrick Orlando announced that he was adjourning the meeting to Thursday to give investors more time to vote.

If Special Purpose Acquisition Company (SPAC) can’t get 65 percent of shareholders to approve the extension, it could be forced to liquidate the nearly $300 million it raised in an IPO last September return to shareholders.

But the SPAC’s sponsor, also chaired by Mr Orlando, said in a regulatory filing Tuesday afternoon that liquidation could be avoided even if shareholders don’t agree to the one-year extension. The filing says the sponsor is willing to give Digital World an additional $2.8 million to give it an additional three months to close the deal.

The SPAC’s charter allows the sponsor to unilaterally extend the period for completing a deal by depositing funds into the special bank account used to store the dollars raised from the IPO

The potential failure of the deal has raised questions about the future of Trump Media & Technology Group and its flagship social media app Truth Social, the Twitter-like platform that backed Mr Trump after Twitter blocked him from posting the Post January 6th. 2021, attack on the Capitol.

Digital World, which went public a year ago, had taken until Sept. 8 – Thursday – to complete a merger with another company. Duplicate investigations by federal prosecutors and securities regulators thwarted the merger and led to the delay.

Without the cash injection from Digital World, Trump Media may need to raise additional funding or find another merger partner.

Meanwhile, one of Trump Media’s key business partners, Rumble, is nearing completion of its own merger with a SPAC. On September 15, CF Acquisition Corp. VI to announce whether its shareholders have approved a merger with Rumble, an online video platform that offers a conservative alternative to YouTube.

Following the announcement, Digital World shares fell about 15 percent. They closed at just over $22, down more than 11 percent on the day.

Categories
Health

Juul Settles Multistate Youth Vaping Inquiry for $438.5 Million

Juul Labs, which is struggling to survive in the United States, on Tuesday tentatively agreed to pay $438.5 million to settle an investigation by nearly three dozen states into marketing and sales practices they allege they started the teenage e-cigarette crisis.

The company said it did not acknowledge any wrongdoing in the settlement but was trying to “resolve past issues” while awaiting a decision from the Food and Drug Administration on whether it can continue to sell its products. Juul has attempted to reposition itself as a seller of vaping products that could help adults quit smoking traditional cigarettes to restore its tarnished reputation and improve its diminished market value.

The preliminary agreement prohibits the company from marketing to youth, funding education in schools and misrepresenting the nicotine content of its products. But Juul had already halted several marketing practices and withdrawn many of its flavored pods, which appealed to teenagers, several years ago, under public pressure from lawmakers, parents, and health experts when the vaping crisis was at its height.

“We believe this will go a long way in stemming the influx of vaping among youth,” Connecticut Attorney General William Tong said at a news conference Tuesday. “We are under no illusions and cannot claim that it will discourage the youth from vaping. It remains an epidemic. It’s still a big problem. But we essentially took away a large chunk of the former leader.”

The cross-country investigation found the company was targeting young people by hiring young models, using social media to woo teenagers and giving out free samples, he said. And, he added, the research found that the company had a “weak” age verification system for its products and that 45 percent of its Twitter followers were between the ages of 13 and 17.

Virginia Attorney General Jason Miyares pointed out in a statement that the company’s previous strategy of selling flavors like mango and crème brûlée appealed to the youth, as did its device’s sleek design, which was easy to conceal. A condition of the settlement prohibited the company from depicting anyone under the age of 35 in its marketing images, Mr Miyares’ statement said.

Juul said Tuesday that the settlement agreement was “aligned with our current business practices, which we began implementing following our company-wide reset in the fall of 2019.”

“We remain focused on the future as we work to fulfill our mission to move adult smokers away from cigarettes – the leading cause of preventable deaths – while tackling underage smoking,” the company’s statement said.

The agreement does not resolve all of the Company’s litigation. While Juul previously reached settlements in lawsuits filed by attorneys general in North Carolina, Washington, Louisiana and Arizona, nine similar cases remain. Major lawsuits filed by New York and California, among others, remain pending. And about 3,600 lawsuits from individuals, school districts and local governments were consolidated in a lawsuit that is still moving through a California court.

Juul is still selling tobacco- and menthol-flavored capsules and vaping products while its application for permanent sale is under FDA review. The agency originally denied the company’s application in June, saying Juul failed to provide sufficient evidence that its products would benefit public health, citing “inadequate and conflicting” data from the company.

Juul received a temporary pardon in court. It has since argued that it has helped two million adult smokers quit traditional cigarettes and has taken issue with the agency’s conclusions on chemicals in its products. The FDA then relented its rejection and announced that it would conduct an additional review of “scientific issues” in the application.

States differ in how they use settlement funds, which must be paid over six to 10 years. A spokeswoman for the Connecticut Attorney General said her share (more than $16 million) would go towards vaping and nicotine cessation and addiction treatment. Texas estimated it would receive nearly $43 million, and Virginia put its share at $16.6 million.

Meredith Berkman, co-founder of Parents Against Vaping E-Cigarettes, said she was pleased to learn of the settlement. She became involved with the group after Juul sent a representative to her son’s ninth-grade high school to speak at a gathering in 2018. Her son passed on that the rep had called the product “perfectly safe,” a conversation Ms. Berkman told a congressional hearing in 2019.

Since then, she said, the group has heard from hundreds of families who claim their teens have become addicted to vaping Juul and other nicotine and marijuana devices. Some young people became seriously ill from vaping and others had to go to drug rehabilitation to get rid of nicotine addiction.

“It was Juul who showed up and opened this horrible Pandora’s box,” Ms. Berkman said. “No amount of money can undo the damage caused by Juul’s targeting and marketing to teenagers, whose use of the company’s stealth-by-design flavored products caused many children to experience severe nicotine addiction and physical harm.”

E-cigarette use among teens appears to have declined in recent years, although the coronavirus pandemic had brought new momentum to the leading monitor of teenage tobacco use, a survey conducted in schools by the Centers for Disease Control and Prevention. In March, that survey showed that nearly 8 percent, or about two million college students, said they had used e-cigarettes in the past 30 days.

While Juul was once the youth favorite, the survey showed that the candy and fruit flavored Puff Bar vapes were the most popular among youth, with Juul ranking fourth among college students. Data from IRI, a market research firm, suggests the brand was attracting more adult customers by closely competing for market leadership with another brand, Vuse Vapes, with about 30 percent of recent sales.

Altria, which bought a 35% stake in Juul for $12.8 billion in December 2018, said in a recent filing with investors that the company’s stake is now worth about $450 million — almost the same amount that Juul had just agreed to settle investigations from nearly three dozen states and Puerto Rico.

After Juul received a thorough scrutiny of its seal of approval among youngsters, it lost significant market share and value when it gave in to public pressure and stopped selling the flavors that appealed most to youngsters.

Although the vaping market still accounts for a small percentage of overall cigarette and other inhalation product sales, the FDA has repeatedly fallen short in its efforts to curb youth-friendly e-cigarettes, which continue to emerge in new candy colors and flavors. After the agency tried to crack down on existing brands, companies and the market turned to synthetic nicotine to evade regulation.

In March, Congress gave the FDA authority to take synthetic nicotine off the market. But the agency is methodical, reviewing about a million applications it received this spring from manufacturers of non-tobacco nicotine products. She has to exercise a degree of caution in order for her judgments to stand up in court.

The agency also continues to review and approve some marketing authorization applications that were submitted years ago for leading vapes, typically sold in gas stations and convenience stores. However, she recently said she does not expect to complete the review of the applications already submitted before next year.

Involved in the settlement: Alabama, Arkansas, Connecticut, Delaware, Georgia, Hawaii, Idaho, Indiana, Kansas, Kentucky, Maryland, Maine, Mississippi, Montana, Nevada, North Dakota, Nebraska, New Hampshire, New Jersey, Nevada, Ohio, Oklahoma, Oregon, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin and Wyoming.

Categories
Politics

Choose calls Jan. 6 an ‘rebel,’ bars ‘Cowboys for Trump’ founder

A New Mexico judge Tuesday declared that the Jan. 6 riot in the Capitol was a “riot” because he ruled that Otero County Commissioner and founder of Cowboys for Trump Couy Griffin be removed from office must be because he took part in the attack.

Griffin is barred from holding federal or state office for life — including his current role as district commissioner, from which he will be ousted “effective immediately,” Judge Francis Matthew ruled.

Griffin was “constitutionally disqualified” from those positions as of Jan. 6, 2021, the judge concluded.

That day, a violent mob of supporters of former President Donald Trump stormed the US Capitol, forcing lawmakers to leave their chambers and disrupting the transfer of power to President Joe Biden. Griffin was convicted in March of a misdemeanor for violating the restricted Capitol grounds.

The riot and the planning and incitement that led to it “constituted a ‘rebellion'” under the 14th Amendment, Matthew wrote in the New Mexico 1st Circuit Court decision.

The ruling was the first time a court had found that the Capitol riot met the definition of a riot, according to the government nonprofit watchdog group CREW, which represented the plaintiffs who filed the suit to disqualify Griffin.

“This decision makes clear that all current or former officials who took an oath to defend the US Constitution and then participated in the riot of 6.

Griffin told CNN later Tuesday that he had been ordered to clean up his desk.

“I’m shocked, just shocked,” Griffin told CNN. “I really didn’t feel like the state was going to attack me like that. I don’t know where to go from here.”

According to CREW, Matthew’s ruling is also the first time since 1869 that a court has disqualified an officer under Section 3 of the 14th Amendment.

This section, known as the disqualification clause, prohibits any person from holding any civil or military office at the federal or state level of the United States if they are “participating in an insurrection or rebellion against the same, or offering aid or consolation to the enemies thereof.” have done.”

Griffin did not enter the Capitol itself or commit any violence during the January 6 riots, but he did participate and his actions “supported the riot,” Matthew judged.

“By joining the mob and trespassing on unauthorized Capitol property, Mr. Griffin helped delay the Congressional election certification process,” the judge wrote. Griffin’s presence “helped to overwhelm law enforcement” and he “instigated, encouraged and helped normalize violence” during the riot, Matthew ruled.

In addition, the judge dismissed as “unfounded” the arguments put forward by Griffin, who represented himself in the case.

Griffin’s attempts to “clean up his actions are without merit and are at odds with the evidence presented by the plaintiffs, given that he himself has not presented any evidence in his own defense,” Matthew wrote.

His arguments in court were “not credible and amounted to nothing more than trying to put lipstick on a pig,” added the judge.

Griffin was arrested less than two weeks after the Capitol riot. He was found guilty in March and on June 17 was sentenced to a two-week prison term along with a $3,000 fine and community service.

Griffin, a Republican and vocal Trump supporter, has repeated the former president’s false claims that the 2020 election results were marred by widespread fraud.

He and the other two GOP members who make up the Otero County Commission have refused to confirm recent primary election results, reportedly citing conspiracy theories about Dominion voting machines. The commission ultimately voted 2 to 1 to confirm the primary findings, with Griffin voting no.

In 2019, Griffin founded Cowboys for Trump, a group that hosted pro-Trump horseback riding parades.

Bookbinder called Tuesday’s ruling “a historic victory for accountability for the January 6 insurgency and efforts to disrupt the peaceful transfer of power in the United States.”

“Protecting American democracy means ensuring those who violate their oath to the Constitution are held accountable,” he said.

Categories
Entertainment

How Many Children Does Mindy Kaling Have?

As an incredibly private mom, we weren’t too surprised when Mindy Kaling announced on an episode of The Late Show With Stephen Colbert that she secretly welcomed a baby boy in September 2020.

While we don’t know much about her family life, “The Office” alum has shared tidbits here and there about raising her children that have kept our curious minds at bay. Kaling was most recently featured on Meghan Markle’s Archetypes podcast series, where she spoke candidly about the stress she endured as a single woman becoming a mother. “There’s also a whole Indian angle to choosing to have your own kids,” she told Markle. “I haven’t been to India since then [I was] 14 but you start thinking, ‘OK, what do my relatives in India think about this? Does this embarrass our family immensely that I made this decision?’”

She continued, “And I think I can drive myself crazy if I think about these things too much… I can’t think about it anymore. I just have to live my life to make myself and the people in my immediate family happy.”

Read on to find out everything we know about Mindy’s two children.

Categories
Business

The UK’s new prime minister could possibly be about to shake up the Metropolis of London

People in the UK financial sector are wondering if the new PM will change the regulatory landscape.

Jeff J. Mitchell/Staff/Getty Images

As Liz Truss becomes Britain’s new prime minister on Tuesday, questions will be raised about her plans for Britain’s historic financial district – the City of London – as the country grapples with a deepening cost-of-living crisis and the ongoing conflict in Ukraine.

According to the Financial Times last month, the city’s regulators could be in for a big shake under Truss. It cited campaign insiders who said Truss will seek to review and possibly merge the three major London regulators – the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Payment Services Regulator (PSR).

She has also suggested reviewing the Bank of England’s mandate during her time as Prime Minister.

“Change for Change’s Sake”

The FCA regulates 50,000 firms in the UK to “ensure our financial markets are honest, competitive and fair”, according to its website. The PRA, meanwhile, oversees the work of around 1,500 financial institutions to “ensure the financial services and products we all rely on can be delivered in a safe and sound manner.”

Their responsibilities sound similar, but the various organizations were formed when it was decided that the Financial Services Authority, which regulated the city between 2001 and 2013, had several functions that could be better served by separate organisations.

According to Matthew Nunan, a partner at law firm Gibson Dunn and a former department head at the FCA, the original agency’s main objectives were good governance and financial soundness across the sector. He said the split in two is seen as a way to give these goals equal priority.

“The simple question that needs to be answered now is: What would the reunification of the PRA and FCA do?” Nunan wrote in an email to CNBC.

“If the answer is to reform the old Financial Services Authority, what was the question? Or is it simply change for the sake of change?”

Governments should always “challenge the status quo,” Nunan said, but argued that it was a question of whether doing so would actually better serve the “changing needs of a nation.”

“The problem here is that instead of articulating a problem and seeking evidence, the statements made seem to be proposing answers to questions that no one is asking,” he said.

Nunan also highlighted the difference between regulators and politicians, saying regulators are “never allowed” to make proposals in the way Truss has done.

“Regulators are legally required to make evidence-based decisions about rule changes [and] require a cost-benefit analysis before they can be implemented… If that applies to regulators, why doesn’t it apply to politicians?” he asked.

“Light Touch Regulatory Regime”

The “fight” to deregulate the banking sector is like “turning back the clock to the pre-2008 global financial crash,” Fran Boait, director of campaign group Positive Money, told CNBC’s Squawk Box Europe last month.

Boait said there was a risk that the country would find itself in the same situation “or much worse”.

“Liz Truss’ proposal to merge the three key city watchdogs would risk restoring this light regulatory regime — the regime we had before the crash,” she said.

She also stressed that less than a decade has passed since the organizations were founded.

“It wasn’t long ago that we put in place a much larger regulatory regime because there was a consensus that the regime contained so many risks [that] Complexity in the financial sector needs to be properly regulated,” she said.

‘ambiguity’

Discussions of a review or merger of any of London’s regulators remain speculative as Truss has yet to issue any official statements on the matter.

This is leading to a “lack of clarity” about the future status of the three regulators, according to Hargreaves Lansdown analyst Susannah Streeter.

She said improving financial services for customers should be at the forefront of any regulatory discussion.

“Whether they stay as single entities or as a merged entity, it’s really important that the UK has dynamic regulators that make the most of the Brexit freedoms,” Streeter said in an email to CNBC.

Tackling fraud, creating more opportunities for investors to invest in IPOs and how information is shared with prospective investors should be on the agenda of any proposed changes to the current regulatory regime, she added.

Categories
Health

CVS to purchase house well being large Signify Well being for about $Eight billion

A CVS logo is displayed at one of their stores near Bloomsburg.

Paul Weber Light Rocket | Getty Images

CVS Health has reached an agreement to acquire home health care company Signify Health for about $8 billion, the companies announced Monday.

CVS said it would pay $30.50 per share in cash for Signify, an acquisition that would build on its growing healthcare services. Signify provides technology and analytics to support patient care at home.

“This acquisition will enhance our connection to consumers at home and enable providers to better meet patient needs as we execute on our vision to redefine the healthcare experience,” said Karen Lynch, President and CEO of CVS Health, in a press release.

The deal comes as competitors from Amazon to Walgreens continue to push into the healthcare sector. In July, Amazon announced it would acquire primary care provider One Medical for about $3.9 billion.

According to FactSet, shares of Signify Health are up nearly 45% over the past month to a market value of about $6.7 billion at $28.77 per share at the close. The Wall Street Journal reported Aug. 2 that Signify is evaluating strategic alternatives, including a sale.

Shares of Signify, which went public in February 2021, rose sharply in late August after reports that Amazon was among the bidders.

Last month, CVS announced plans to acquire or invest in a primary care business by the end of the year.

The Signify deal follows other acquisitions and moves into primary healthcare. CVS previously acquired insurer Aetna and Caremark, the pharmacy benefits manager, and customers can get vaccines or emergency supplies at MinuteClinic outposts in their stores. It has recently introduced mental health therapy in some stores.

The companies expect the acquisition, which is subject to regulatory approval, to close in the first half of next year.

Private equity firm New Mountain Capital owns about 60% of Signify’s common stock and has agreed to back the deal, the companies said.

CVS Health and Signify Health will host a conference call for analysts and investors Tuesday at 8:30 a.m. ET to discuss the transaction.

Categories
World News

Shelling Cuts Off Outdoors Energy to Ukrainian Nuclear Plant

Recognition…Jim Huylebroek for the New York Times

Kyiv, Ukraine — Europe’s largest nuclear power plant was disconnected from the country’s power grid Monday after renewed shelling nearby, Ukrainian energy officials said, putting critical cooling systems once again at risk of relying solely on backup power.

Herman Galushchenko, Ukraine’s energy minister, said a fire resulting from the shelling severed the Zaporizhia power plant’s last connection to a back-up line, which was its only source of external power.

Reactor No. 6, the plant’s only functioning reactor, was still producing electricity for the plant itself, and as of Monday evening, engineers had not turned on any diesel generators, according to an official from Energoatom, the Ukrainian company responsible for running the facility.

Mr Galushchenko said it was another precarious moment made even more ominous by the fact that fire crews were unable to reach the scene of the fire.

“Repairs on the lines are now impossible,” he said. “There’s fighting all around the station.”

An International Atomic Energy Agency inspection team that had been at the facility left behind two monitors hoping they would witness unfolding events and the tensions at the facility, which was being held by Russian forces but still operated by Ukrainian engineers will, could alleviate . The greater hope had been that the shelling would stop.

The agency said that according to Ukrainian officials, the reserve line was “deliberately disconnected to put out a fire.”

“The line itself is not damaged and will be reconnected once the fire is out,” said the organization, which is part of the United Nations.

Edwin Lyman, a nuclear energy expert at the Union of Concerned Scientists, a private group in Cambridge, Mass., said the current situation – with the plant relying on one of its own reactors to power cooling systems – is ” not unique, but it is not common practice.”

He pointed out that the International Atomic Energy Agency, which sets reactor safety standards for nuclear power plants, released a technical document in 2018 detailing the backup procedure.

“Some existing nuclear power plant technologies have this capability,” says the IAEA document, “while others do not.” Even plants that do have the capability could face “a time limit of generally a few hours” for back-up power be.

Najmedin Meshkati, a professor of civil and environmental engineering at the University of Southern California, said the external power outage — which has happened at least twice at the Zaporizhia plant in recent weeks — is “one of the most horrific events that could happen at a nuclear power plant.” .”

dr Meshkati, a member of the committee appointed by the United States National Academy of Sciences to learn lessons from the disaster at Japan’s Fukushima nuclear power plant, said there was no point in running the reactor.

An engineer in contact with people at the facility and in the satellite city of Enerhodar said Monday her colleagues had reported heavy shelling in the area over the past three days.

“Dwelling houses were damaged and many more people were injured and killed than was reported in the Ukrainian media,” said the engineer, who spoke on condition of anonymity because she feared reprisals against her friends and family. “People continue to leave the city, including workers at the plant.”

Ukrainian officials tried to keep up pressure on the International Atomic Energy Agency to propose a robust assessment of both the conditions at the plant and the challenges faced by Ukrainian engineers charged with its safe operation.

Repeated shelling over the past month has damaged all of the facility’s connections to four external high-voltage power lines, forcing it to use a lower-voltage backup line to power the cooling equipment needed to avoid core meltdowns. It was this reserve line that was cut Monday.

When the main power lines and backup line were damaged by gunfire and fires on August 25, a power outage at the facility forced reliance on diesel generators to prevent a disaster.

Rafael Mariano Grossi, the director of the International Atomic Energy Agency, told a news conference on Friday that his main concern for the facility’s physical security is related to a reliable connection to external power supply.

William J. Broad contributed reporting from Brunswick, Maine.