testimony

The S&P 500 futures are up 16.5 points today as the markets await the Fed Chair’s testimony and the US jobs data. On Tuesday, the benchmark indices of the US stock markets tumbled to fresh weekly lows as tech stocks like Tesla, Apple, Amazon, and Microsoft faced notable declines. At press time, the Emini S&P 500 futures stood at 5,107 points. On Wednesday, Fed Chair Jerome Powell is set to appear in front of US Congress, and investors will be closely following his speech for hints of any timeline for…

Breaking more than two years of silence, David Halls, the assistant director of the western movie “Rust,” described in vivid detail witnessing the fatal shooting by Alec Baldwin of the film’s cinematographer, Halyna Hutchins.On Oct. 21, 2021, Baldwin, the movie’s star, and others were preparing for a scene on the New Mexico set. Baldwin was sitting on a pew in a rustic church, slowly pulling his single-action Colt .45 revolver from his leather shoulder holster and pointing it toward the camera. Baldwin’s character was…

“I’m losing my voice,” Don Henley said in New York Supreme Court on Wednesday. No surprise: The 76-year-old leader of the Eagles was wrapping up his third day of testimony in a case involving allegedly stolen pads containing developmental lyrics for Eagles songs. After being handed a lozenge by one of the prosecutors in the case, Henley resumed answering questions about the pads, a 1979 contract between the band and writer Ed Sanders (who was writing an authorized biography of the group), and other matters from…

Hunter Biden skewered Republican efforts to impeach his father Wednesday ahead of his closed door testimony before Congress, calling the inquiry a “destructive political charade” and the supposed evidence a “house of cards of lies.” During opening remarks before the House Judiciary and Oversight & Accountability Committees, the junior Biden denied any malfeasance during his work as a businessman, practicing lawyer, investor and artist. “For more than a year, your Committees have hunted me in your partisan…

Among various acts of alleged forgery, Hough charged that Wright backdated documents to make them seem like precursors to the original 2008 Bitcoin white paper; manipulated email communications in support of his claim to be Nakamoto; inserted material post-factum into his academic papers to imply he conceived of Bitcoin long before its release; and used ChatGPT to help create additional forgeries after experts cast doubt over existing materials. The specific discrepancies identified by Hough included anachronistic use of…

Alex Barinka / Bloomberg: In prepared Senate testimony, TikTok CEO Shou Chew says the company plans to spend $2B+ in 2024 on trust and safety globally and the app has 170M US MAUs — - Shou Chew joins US rivals in Senate hearing Wednesday — Global social media chiefs will outline plans to protect kids Alex Barinka / Bloomberg: In prepared Senate testimony, TikTok CEO Shou Chew says the company plans to spend $2B+ in 2024 on trust and safety globally and the app has 170M US MAUs …

E. Jean Carroll’s defamation trial against Donald Trump resumed on Thursday, and this time it was the president himself who was in the hot seat. The former president took the witness stand in Manhattan civil court for a brief testimony largely devoid of the theatrics seen in his previous court outbursts.  Trump’s questioning was short. His attorney, Alina Habba, asked him if he stood by his deposition for the case, in which he denied Caroll’s allegations against him multiple times. He responded “100 percent yes.”…

For weeks now, Hunter Biden has been sparring with House Oversight Committee Republicans over their demands that he give closed-door testimony in response to a congressional subpoena. Biden has insisted on answering questions in a public setting, instead, which would prevent the GOP from cherry-picking and warping his testimony in their favor. Committee Chairman James Comer threatened to hold Hunter Biden in contempt of Congress, and on Thursday the president’s son finally agreed to sit for a closed-door…

During four hours of combative testimony in front of the Civilian Oversight Commission on Friday morning, former Los Angeles County Sheriff Alex Villanueva attempted to minimize the problem of deputy gangs, refusing to acknowledge their existence and alleging the problem of tattooed subgroups is “actually disappearing” from the department.“You’re still trying to pretend that deputy gangs exist and that they operate in the countryside pillaging and plundering,” he told special counsel Bert Deixler. Minutes before,…

A federal judge warned Elon Musk that he will be forced to testify in a Securities and Exchange Commission (SEC) investigation if he does not voluntarily agree to answer questions from the agency about his 2022 purchase of the platform then known as Twitter. U.S. Magistrate Judge Laurel Beeler reportedly dismissed Musk’s argument that the SEC lacks the authority to issue an administrative subpoena and told the two sides to set a time for the billionaire’s deposition, according to Reuters. If Musk and the…