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Trump calls New York criminal probe a "witch hunt" and claims a poll shows he is the frontrunner in 2024

"... Our prosecutors are politicized, and I will just have to keep on fighting like I have been for the last five years!" Trump said. Donald Trump addresses the Conservative Political Action Conference (CPAC) held in the Hyatt Rege.....»»

Category: dealsSource: nytMay 26th, 2021

Donald Trump Jr. Says His Father Would Be ‘Stupid’ To Talk to Mueller in Russia Probe

Donald Trump Jr. told Fox and Friends that Trump shouldn't sit down with special counsel Robert Mueller and calls Russia probe a witch hunt against the president......»»

Category: topSource: newsweekJun 14th, 2018

NASDAQ Hits New Record as Stocks Overcome Weak Jobs Data

NASDAQ Hits New Record as Stocks Overcome Weak Jobs Data A disappointing jobless claims report dragged stocks lower in the morning, but good old technology helped the market recover and even log another record close. Let’s just get the unpleasantries out of the way. There were over 1.1 million jobless claims last week, which was more than expected. Even worse though, it comes just a week after this report dipped under 1 million for the first time in 20 straight weeks, making it even more disheartening. And we’re just a day removed from a less-than-enthusiastic read on the economy from the Fed, which stated that this pandemic could “weigh heavily” on prospects for the near-term and possibly medium-term. Maybe such news will foster some urgency in Congress to get a coronavirus relief packaged passed. But don’t hold your breath. Nevertheless, the market persevered with a lot of help from tech. The FAANGs all gained more than 2% on Wednesday save Amazon (AMZN) with a 1.13% advance. Microsoft (MSFT) was over 2% too. As a result, the NASDAQ jumped 1.06% (or around 118 points) to a new record of 11,264.95. This marks the third milestone for the index this week. The S&P was up 0.32% to 3385.51, while the Dow broke a three-day losing skid by rising 0.17% (or nearly 47 points) to 27,739.73. The NASDAQ and S&P are both higher for the week heading into Friday’s session. The former index is actually up more than 2% so far on a strong week for technology. The Dow is down by less than 1%. It’s shaping up to be the opposite of last week when the Dow jumped 1.8% while the NASDAQ fought to stay positive. Today's Portfolio Highlights: Surprise Trader: Natural and organic foods company Hain Celestial (HAIN) will be going for a fourth straight positive surprise on Tuesday, August 25th before the bell. With a positive Earnings ESP of 2.94%, the company has a good chance of succeeding. The Zacks Consensus Estimate for this quarter calls for earnings growth of more than 28%, while next quarter’s is as high as 112%. Dave added HAIN on Thursday with a 12.5% allocation, while also selling JELDWEN (JELD) for an 8.5% return in less than a month. Read the full write-up for more.  Technology Innovators: The portfolio swapped out chip names on Thursday as Brian does a little fine-tuning. The editor sold Semtech (SMTC) for a nearly 21% return in a little over two months, and replaced it by adding FormFactor (FORM). The new buy is an OEM of automated wafer probe cards that are used in the back-end portion of the semiconductor manufacturing process. FORM has beaten the Zacks Consensus Estimate in each of the past four quarters with an average surprise of 28%. Rising earnings estimates have made it a Zacks Rank #1 (Strong Buy). Increasing margins should lead to higher EPS and a bigger multiple, which Brian believes will send FORM into the mid $30s. The service also sold the underperforming Simulations Plus (SLP) position today. Read the full write-up for more specifics on today’s moves. By the way, this portfolio had the best performer of the day as Tesla (TSLA) rose 6.56%.  Insider Trader: Shares of New Relic (NEWR) sold off after its recent quarterly report, but this analytics and infrastructure software company is in a transition phase. It’s reducing products from 11 all the way down to 3 and introduced a new free tier. Apparently, the President & COO feels pretty good about these moves, because he bought 9,000 shares yesterday, which comes to about $510,000. Tracey sees this as a “confidence buy” and decided to add this name with the remaining 10% in cash. Therefore, this portfolio is now fully invested. The complete commentary has more specifics on this new addition. All the Best, Jim Giaquinto Recommendations from Zacks' Private Portfolios: Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>  Zacks Investment Research.....»»

Category: topSource: zacksSep 21st, 2021

S&P Joins NASDAQ at New Highs After Infrastructure Agreement

S&P Joins NASDAQ at New Highs After Infrastructure Agreement A possible infrastructure deal got the major indices moving higher again on Thursday, helping the S&P to finally reach a new record. Meanwhile, stocks seem poised for solid weekly totals heading into Friday’s session. Let’s not get too excited about this infrastructure thing just yet. We know how Washington can be. Basically, the White House and a bipartisan group of senators have agreed on something. We still don’t know all the details or how it will be funded. We don’t even know if the plan will pass. However, it’s progress… and that was good enough for the market today. The NASDAQ just finished its third straight day in record territory, jumping 0.69% (or about 98 points) to a new high of 14,369.71. And the S&P is back to making history as well. The index rose 0.58% to 4266.49, which marks its first closing record high since Monday, June 14. The Dow jumped 0.95% (or around 322 points) to 34,196.82. All of these indices are up more than 2% for the week heading into Friday’s session, which means it has a good chance to recover from last week’s losses stemming from the Fed announcement. The jobless claims report was very similar to last time. The print showed 411,000 claims, which was only modestly better than the previous week’s upwardly-revised 418K. However, it missed expectations of around 380K. Other bits of economic data on Thursday included durable goods, which jumped 2.3% in May for a nice rebound from April’s plunge. However, it also missed expectations. But preliminary GDP was unrevised and right on target at 6.4%. “This all backs the idea that the economy isn’t too hot yet and the Fed can wait to taper and raise rates. This Goldilocks environment pleases the bulls,” said Jeremy Mullin in Counterstrike. And we’re not done with the data this week. Tomorrow comes the  personal consumptions expenditures report, which soared by more than 3% last time. However, the market took the print in stride as they feared much worse. The report is expected to show another sharp increase on Friday, so it’ll be interesting to see how investors react this time. Today's Portfolio Highlights:   Blockchain Innovators: It probably wouldn’t take many guesses to figure out what Benefitfocus (BNFT) does. It's a technology platform that simplifies benefits administration for employers, health plans and brokers. The company recently announced major expansions to its platform through artificial intelligence. So BNFT has been using blockchain for a while and looks to employ even more of it in the future. This Zacks Rank #2 (Buy) beat the Zacks Consensus Estimate in each of the last three quarters, and is expected to grow earnings more than 34% this year and over 46% next year. Dave added BNFT on Thursday, while also selling Net 1 UEPS Tech (UEPS) after several months of negative action. The complete commentary has more on today’s moves. Commodity Innovators: The portfolio swapped a couple energy positions on Thursday. First of all, Jeremy sold Devon Energy (DVN) after its Zacks Rank fell. Shares have bounced back a bit from a selloff, so this was a good time to sell the name for a 33.4% profit in less than three months. The new addition is Schlumberger (SLB), a Zacks Rank #1 (Strong Buy) oil services leader. The company beat the Zacks Consensus Estimate by 10% back in April and is benefiting from the rising price of oil. In fact, if oil gets up to $100, the editor thinks that SLB will make new highs rather quickly. Read the complete commentary for more. Options Trader: For the third time this year, Kevin is pulling profits and repositioning his options in Nasdaq (NDAQ). The editor sold to close the September 165.00 Call for a 137% return and bought to open a September 180.00 Call. As subscribers know, the editor calls this a “free trade” since the original principal is now safe with still tons of potential for profit moving forward. But that’s not all. Kevin also bought to open a December 540.00 Call in Thermo Fisher Scientific (TMO) and bought to open an October 105.00 Call in Floor & Décor Holdings (FND). TMO looks like it may finally be ready to breakout of a large bullish flagging pattern, while FND is a Zacks Rank #1 (Strong Buy) with projected sales and EPS growth of more than 34% and 54%, respectively. Read the full write-up for more specifics on these moves. TAZR Trader: Don’t count C3.ai (AI) out! This software company was a high-flying IPO last year... and then it “crashed and burned like Icarus”. However, CEO Thomas Siebel knows how to build an innovative tech company and has designs to make this name a global leader in enterprise artificial intelligence software for accelerating the digital transformation. It’s fiscal fourth quarter results from earlier this month shows it’s on the right track. Revenue rose 26% year over year, while subscription revenue advanced 17%. AI is also very attractively priced for a company with sales growth expectations of 33.5% this fiscal year and another 32.5% for next. The partnership with data cloud company Snowflake is a nice move for the future as well. Read the full write-up to learn a lot more about AI, including Siebel’s ambitions moving forward and the “recalibration’ of analysts. In other news, this portfolio had two of the best performers among all ZU names on Thursday as The Trade Desk (TTD) rose 16% and Magnite (MGNI) advanced 8.2%. Technology Innovators: Shares of NVIDIA (NVDA) have been on a solid run... and Brian doesn’t think it’s over. The portfolio needs some big-cap exposure, so he added this Zacks Rank #2 (Buy) graphics chip pioneer on Thursday. However, the editor sees NVDA as a broad-based computing powerhouse that goes far beyond chips. The company has beaten the Zacks Consensus Estimate in each of the last four quarters with an average surprise of 12%, while the topline is expected to grow 48% this year and 10% in fiscal 2023. There’s a 4 for 1 stock split coming up in about a month. Meanwhile, the service also sold Cornerstone OnDemand (CSOD) for a more than 16% return in a little over six months and Vishay Intertechnology (VSH) for a loss. Read the full write-up for more on today’s action. In addition, this portfolio had a top performer today as Criteo S.A. (CRTO) advanced 12.3%. Until Tomorrow, Jim Giaquinto Recommendations from Zacks' Private Portfolios: Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>  Zacks Investment Research.....»»

Category: topSource: zacksSep 21st, 2021

Strong Jobs Report Sends All Major Indices to New Highs

Strong Jobs Report Sends All Major Indices to New Highs A strong jobs report gave investors a fantastic start to the long Fourth of July weekend, as each of the major indices finished Friday’s session at new closing highs. And yes, that also includes the Dow! We’ve been thinking about the Government Employment situation report all week… and it was well worth the wait. The economy added 850,000 jobs last month, which jumped past expectations in the low 700Ks and was more than 200K better than the previous month. Even though the print blew past Wall Street forecasts (unlike the May number), a lot of people are still calling this a ‘goldilocks’ report. It obviously shows an economy that’s rapidly getting back on its feet after an unprecedented interruption, but market watchers apparently feel that it’s not enough to force the Fed to accelerate a rate hike. The end result on Friday was the S&P reporting its seventh straight record close by gaining 0.75% to 4352.34. The NASDAQ is also back at a new high with a rise of 0.81% (or nearly 117 points) to 14,639.33. That’s the tech-heavy index’s first milestone since this past Tuesday. The Dow hadn’t seen a closing high since all the way back on May 7… until today that is. The index jumped 0.44% (or about 152 points) to a new record at 34,786.35. For the week, the NASDAQ led the way with a 1.9% advance as tech remains the pride of the market. The S&P is really close with a 1.7% advance after setting records for seven straight sessions, while the Dow participated with a 1% advance over the five days. Today’s report certainly attracted the lion’s share of attention this week, but we should remember that it’s actually the third positive jobs report in as many days. The ADP employment report on Wednesday easily beat expectations by adding 692K jobs in June, while the jobless claims report yesterday slipped back below 400K and surpassed expectations at 364K. Add some other positive economic data, a strong earnings season (with a new one about to begin), a rapid vaccine rollout and a Fed that’s still being super supportive amid a ‘transitory’ rise in inflation; and its no wonder that the first half totals were so epic with hope for more in the second half. Before we go celebrate Independence Day, let’s go over those first half results again... because they deserve to be repeated! The S&P soared 14.4%, the Dow jumped 12.7% and the NASDAQ rose 12.5%. After such amazing performances, the editors are now wondering when the pullback will come. And they’re actually pretty excited because it gives them a chance to buy at more attractive prices. But let’s think about that next week and enjoy our nation’s birthday… Today's Portfolio Highlights:    TAZR Trader: Before the Fourth of July weekend begins, Kevin has a couple of buys for the portfolio, First of all, he picked up Chinese e-commerce giant Alibaba (BABA), which is down today after China proposes rules to punish illegal e-commerce pricing. The editor calls this “a minor slap on the wrist for BABA”, which the company will undoubtedly obey to stay out of trouble. Therefore, its an opportunity. The service also added Penn National Gaming (PENN), a $12 billion gaming enterprise that’s seeing sales snap back as the pandemic loses its grip. The company pre-announced strong preliminary Q2 results late last month, which bodes well for the report coming in August. Kevin added each with 5% allocations. Read the full write-up for more on these buys, including a look at what the analysts are saying. Headline Trader: "Large-cap equities got a euphoric push into the long Independence Day weekend. This morning's robust June employment report exceeded expectations while wage growth remained muted, driving a fresh wave of bullish sentiment into equities and bonds alike. "We had a trifecta of record closes from all three of the large-cap indexes and marked the S&P 500?s 7th consecutive all-time high (the longest streak since last August). All the momentum is to the upside, but I am becoming increasingly nervous about the overbought territory that both the S&P 500 and Nasdaq 100 closed at today. "My outlook remains bullish for the 2nd half of 2021, but a market pullback may be necessary. As I have said in prior commentaries, there is a record level of sideline cash ($5.5 trillion in the money markets) just waiting to buy the dip." -- Dan Laboe Counterstrike: "Goldilocks and the dead bears. Are there any shorts left? "The S&P hit a record high for the 7th day in a row. This is the first time that happened since 1997. "We continue to be in an astonishing bull market, but the opportunity feels limited at these heights. Let’s take it slow into earnings and look to manage the portfolio and raise some cash." -- Jeremy Mullin Have a Happy 4th of July! Jim Giaquinto Recommendations from Zacks' Private Portfolios: Believe it or not, this article is not available on the Zacks.com website. The commentary is a partial overview of the daily activity from Zacks' private recommendation services. If you would like to follow our Buy and Sell signals in real time, we've made a special arrangement for readers of this website. Starting today you can see all the recommendations from all of Zacks' portfolios absolutely free for 7 days. Our services cover everything from value stocks and momentum trades to insider buying and positive earnings surprises (which we've predicted with an astonishing 80%+ accuracy). Click here to "test drive" Zacks Ultimate for FREE >>  Zacks Investment Research.....»»

Category: topSource: zacksSep 21st, 2021

A handwritten note on Ritz-Carlton paper shows Giuliani associate Lev Parnas spelling out his top goal for Ukraine"s president: Announce a criminal probe into Joe Biden

Mark Lennihan/AP; House Intelligence Committee An associate of President Donald Trump's personal lawyer Rudy Giuliani spelled out in a handwritten note his key objective for Ukraine President Volodymyr Zele.....»»

Category: topSource: businessinsiderJan 15th, 2020

Trump calls Democrats" impeachment inquiry a "witch hunt"

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchSep 25th, 2019

Market Extra: Trump calls Pelosi’s impeachment move ‘witch hunt garbage’ and ‘presidential harassment’

President Donald Trump on Tuesday afternoon goes on Twitter tirade after House Speaker Nancy Pelosi announced a formal impeachment inquiry......»»

Category: topSource: marketwatchSep 24th, 2019

Trump"s former White House lawyer says Robert Mueller is an "American hero" and says his report isn"t a "witch hunt"

REUTERS/Jonathan Ernst Ty Cobb, who represented the White House in Robert Mueller's Russia investigation, said the investigation is legitimate. The view is at odds with Trump himself, who calls it a "witch hunt." Cobb said t.....»»

Category: topSource: businessinsiderMar 22nd, 2019

What Is Attorney-Client Privilege? Trump Tweets It"s Dead and Attacks After Lawyer"s Office Raided

The president again called the special counsel's probe a "witch hunt.".....»»

Category: topSource: newsweekApr 10th, 2018

FBI raids Cohen; Trump brands Mueller"s probe an "attack on country"

Trump called the probe a "witch hunt," suggesting it was a distraction from serious issues, like the consideration of a military response to Syria's apparent use of a chemical weapon on civilians over.....»»

Category: topSource: business-standardApr 10th, 2018

Russia denounces Microsoft"s hacking claims as "witch-hunt," Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallAug 21st, 2018

A new poll shows Trump"s disapproval rating just hit a new high. And his attacks on the Mueller probe could be backfiring.

Markets Insider A new ABC News/Washington Post poll shows 60% disapproval for President Donald Trum, and indicates his efforts to.....»»

Category: topSource: businessinsiderAug 31st, 2018

Trump is the conspiracy theorist in chief

From his doubts about the death toll after Hurricane Maria, to his claims of a "witch hunt," President Trump has become the "conspiracy theorist in chief," Brendan Nyhan says. Amanda Carpenter also weighs in on the dangers of conspiratorial thinking......»»

Category: videoSource: cnnSep 16th, 2018

Tesla stock tumbles on report of criminal probe of Musk claims

Read full story for latest details......»»

Category: topSource: cnnSep 18th, 2018

Will Biden Make Future Coronavirus Stimulus Checks Automatic Without a Vote?

Another stimulus check may never come, and one reason for this is the lack of consensus among lawmakers. However, going forward, the process to get approval for stimulus checks could get relatively easier. It is possible that President Biden could make future coronavirus stimulus checks automatic, meaning it wouldn’t require voting for approval. Q2 2021 […] Another stimulus check may never come, and one reason for this is the lack of consensus among lawmakers. However, going forward, the process to get approval for stimulus checks could get relatively easier. It is possible that President Biden could make future coronavirus stimulus checks automatic, meaning it wouldn’t require voting for approval. if (typeof jQuery == 'undefined') { document.write(''); } .first{clear:both;margin-left:0}.one-third{width:31.034482758621%;float:left;margin-left:3.448275862069%}.two-thirds{width:65.51724137931%;float:left}form.ebook-styles .af-element input{border:0;border-radius:0;padding:8px}form.ebook-styles .af-element{width:220px;float:left}form.ebook-styles .af-element.buttonContainer{width:115px;float:left;margin-left: 6px;}form.ebook-styles .af-element.buttonContainer input.submit{width:115px;padding:10px 6px 8px;text-transform:uppercase;border-radius:0;border:0;font-size:15px}form.ebook-styles .af-body.af-standards input.submit{width:115px}form.ebook-styles .af-element.privacyPolicy{width:100%;font-size:12px;margin:10px auto 0}form.ebook-styles .af-element.privacyPolicy p{font-size:11px;margin-bottom:0}form.ebook-styles .af-body input.text{height:40px;padding:2px 10px !important} form.ebook-styles .error, form.ebook-styles #error { color:#d00; } form.ebook-styles .formfields h1, form.ebook-styles .formfields #mg-logo, form.ebook-styles .formfields #mg-footer { display: none; } form.ebook-styles .formfields { font-size: 12px; } form.ebook-styles .formfields p { margin: 4px 0; } Get The Full Series in PDF Get the entire 10-part series on Charlie Munger in PDF. Save it to your desktop, read it on your tablet, or email to your colleagues. (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';}(jQuery));var $mcj = jQuery.noConflict(true); Q2 2021 hedge fund letters, conferences and more Making Coronavirus Stimulus Checks Automatic: What It Means? Congress approved the first stimulus checks last year in March. However, the lawmakers took more than eight months to approve the second stimulus checks. Even for the third round of stimulus checks, the Democrats had to use the reconciliation process to approve the American Rescue Plan. If Democrats hadn’t used that process, it would have been almost impossible to approve the third round of stimulus checks. This is something that many don’t want to happen again, and thus, they are requesting that Biden make stimulus checks dependent on the needs of the country. This means the stimulus checks would kick in automatically if certain economic parameters were to trigger. For instance, stimulus checks would start going out if the unemployment rate drops below a certain limit, and stop once the rate goes above that level. Those in support of the idea argue that such a feature would assure families that they would get continued support to pay their basic bills in case of a pandemic. Who All Supports The Idea Of Automatic Stabilizers? A few months back, 26 Democrats sent a letter to the White House requesting them to make future payments automatic. Since then, many more Congress members have come up in support of this feature, called “automatic stabilizers.” One such letter came from Congressman Andrew Gomez, who stressed the importance of making future payments automatic. “Tying recurring direct cash payments and federal unemployment benefits to the country’s economic conditions not only makes sense, but it also shows the American people that their government is prepared to help them in the event of another economic catastrophe,” Gomez said in the letter. In May, the Economic Security Project talked about automatic stabilizers with 50 staff members from the Senate Finance Committee. Moreover, the organization also had a talk with the Biden administration, and was hoping that the president would include it either in the American Families Plan or the American Jobs Plan. President Biden, however, is yet to address the calls for making future stimulus checks automatic. In fact, Biden hasn’t even talked about giving another stimulus check. Rather, the White House and Democrats are focusing on another kind of stimulus payments, the temporary expansion of the child tax credit. Moreover, the Congressional Budget Office also doesn’t seem to favor the idea of automatic stabilizers. As per the reports, the Congressional Budget Office, which scores legislative proposals depending on how they impact the federal budget, believes that such stabilizer payments would have an enormous cost. Updated on Sep 22, 2021, 9:26 am (function() { var sc = document.createElement("script"); sc.type = "text/javascript"; sc.async = true;sc.src = "//mixi.media/data/js/95481.js"; sc.charset = "utf-8";var s = document.getElementsByTagName("script")[0]; s.parentNode.insertBefore(sc, s); }()); window._F20 = window._F20 || []; _F20.push({container: 'F20WidgetContainer', placement: '', count: 3}); _F20.push({finish: true});.....»»

Category: blogSource: valuewalk33 min. ago

The 11 choices that forever changed our favorite games

Lara Croft was at one stage a supporting character while Sonic's sneakers were inspired by Michael Jackson's album "Bad." The Italian plumber was originally named Jumpman. Nintendo From character names to genre changes, the most popular video games hide interesting origin stories. Lara Croft was initially a supporting character while Mario was once called Jumpman. From "Metal Gear" to "Mortal Kombat", these choices forever shaped the world's favorite video games. Visit Business Insider's homepage for more stories. It's a struggle to imagine a video game world where Mario isn't called "Mario" or Lara Croft isn't the protagonist of "Tomb Raider."But the games we know and love today could easily have been very different.From the creative choices behind the color scheme of Sonic's sneakers and the naming of the "Final Fantasy" series to the inspiration behind Princess Zelda's name, here are some of the decisions that shaped the world's biggest video games. Mario wasn't always called Mario Jumpman resembled the landlord of the warehouse Nintendo was renting, Mario Segale. Nintendo He's one of the most popular video game characters ever and the official mascot of Nintendo — but Mario almost wasn't called Mario.The Italian plumber was originally named Jumpman when "Donkey Kong" launched on the Japanese market. However, the makers wanted to broaden their horizons when the product launched in the US and thought about real names. According to PC World, Minoru Arakawa, then-president of Nintendo in the US, realized Jumpman resembled the landlord of the warehouse Nintendo was renting at the time. The man was called Mario Segale, and so "Mario" stuck. Since his launch, Mario has gone on to star in the "Mario Kart" franchise and the hit "Super Mario Odyssey", which even pays tribute to "Donkey Kong."  Sonic's sneakers were inspired by Michael Jackson While Sonic is blue to reflect the company color scheme, few know why his sneakers are red and white. Paramount/Sega When the video game developers at Sega were creating a character for Mario to go up against, they dreamt up Mr. Needlemouse, although he later became Sonic.The reasoning behind the color scheme was explained by character designer Naoto Ohshima in an interview with Gamasutra: "I also thought that red went well for a character who can run really fast when his legs are spinning."Although the hedgehog is blue to reflect the company colors, few know that his red and white sneakers were inspired by the cover of Michael Jackson's album "Bad."  The combos in Street Fighter II were an accident The combos are now a defining feature of the franchise. Capcom If the first installment of the "Street Fighter" franchise laid the foundations for its popularity, the second catapulted it to superstardom with its killer combinations. The team accidentally stumbled upon the combos, which allowed users to carry out basic and special moves in a sequence, Paste Magazine reported.  The combos are now a defining feature of the franchise and have been repeated time and time again. Final Fantasy really was meant to be final Before the game launched, video game developer Square was about to go under. Square Enix With more than 15 video games now in the franchise, it's hard to believe "Final Fantasy" was a product of difficult circumstances. Before the game launched, video game developer Square was about to go under.Square's former president, Hironobu Sakaguchi, named the game "Final Fantasy" because he planned to leave the video game industry if it didn't work out. More than 33 years later things still don't look very final.  It wasn't always clear Samus from 'Metroid' would be a woman It was in the 1980s that "Metroid" broke a trend of male-dominated characters. Neilson Barnard/Getty Images In 1986, Nintendo launched a game that became a key part of its Nintendo Entertainment System (NES).While female protagonists are now increasingly common in the video game world, back then it was "Metroid" that broke a trend of male-dominated characters.The gender of female protagonist Samus Aran isn't revealed until the very end of the game when she removes her armor and shows herself for the first time. Series co-creator Yoshio Sakamoto told IGN the decision was made when, during a development meeting, a staff member said: "Hey, wouldn't that be kind of cool if it turned out that this person inside the suit was a woman?" Samus continues to be popular, with the remake "Metroid: Samus Returns" released in 2017, and a new game "Metroid Prime 4" announced, although Nintendo decided to restart development in 2019 after it failed to meet quality standards. McDonald's and Mike Tyson in 'Punch Out!!' Mike Tyson Tries to Beat Himself in "Punch-Out!!" YouTube / The Tonight Show Starring Jimmy Fallon Perhaps the funniest fact about "Punch Out!!" is that the short and feisty 17-year-old boxer character Little Mac derives his name from the McDonald's classic. However, Mike Tyson's involvement gave "Punch Out!!" a whole new significance.Minoru Arakawa, then-president of Nintendo in the US, was determined to include Tyson in the game as he saw a lot of potential in him.They released Mike Tyson's "Punch Out!!" in 1987, and Uproxx claims Tyson was only paid $50,000 for his image to be used. The game's Mike Tyson is notoriously difficult to beat — even the boxer himself couldn't do it. Jean-Claude 'Mortal Kombat' Van Damme D'Vorah, introduced in "Mortal Kombat X." The "Mortal Kombat" saga began in 1992. "Mortal Kombat 11"/NetherRealm Studio The famous "Mortal Kombat" saga, which now includes 11 installments, began in 1992 but initially was meant to be totally different.Centering around Belgian actor Jean-Claude Van Damme, the original plan was to create a game based on the film "Universal Soldier" and have him fight against hundreds of colorful enemies.However, negotiations with the actor didn't go well, Mel Magazine reported, and creators Midway decided to completely rebrand it, turning it into one of the most violent games of all time. The franchise did however include Johnny Cage, a character inspired by Van Damme. Originally, 'Metal Gear' wasn't a stealth game "Metal Gear" was born after Kojima was inspired by 1963 classic "The Great Escape." Konami Now one of the most famous stealth games in video game history, "Metal Gear" wasn't initially about stealth at all; it was originally intended exclusively as an action game.However, the limited tech at the time didn't quite accommodate designer Hideo Kojima's storyline and themes. "Metal Gear" was born after he was inspired by 1963 classic "The Great Escape," which tells the story of how a group of soldiers plans to escape from a prison camp.  Lara Croft wasn't the main character of 'Tomb Raider' Directed by Roar Uthaug. Warner Bros. Pictures When Core Design and Eidos Interactive first presented "Tomb Raider" in its early stages, the main character looked a little too much like movie archaeologist Indiana Jones — for whom they obviously didn't have a license. To make the character stand out, designer Toby Gard proposed promoting a secondary female character to lead status, replacing the original idea. They decided to go with it and created the image of Lara Croft as we know her today, with her trademark shorts and signature braid. The rest is history.  Zelda's namesake is a novelist's wife The "Legend of Zelda" franchise is now hugely successful. Nintendo The name of Princess Zelda from "The Legend of Zelda," now a classic on NES, has an interesting literary origin.Princess Zelda's name was inspired by Zelda Fitzgerald, the wife of "The Great Gatsby" novelist F. Scott Fitzgerald.Shigeru Miyamoto of Nintendo said he liked the sound of the name and so it stuck.The franchise is now hugely successful, with several new installments including 2019's "Legend of Zelda: Breath of the Wild." 'Resident Evil' started out as a remake of 'Sweet Home' "Resident Evil: Village" will be coming to PS5 this year. Capcom Now one of the most popular horror franchises and the starting point for the survival horror genre, "Resident Evil" was originally going to be a remake of 1989 Capcom classic "Sweet Home."However, the makers decided to go bigger, changing their idea from a first-person shooter to a third-person one. They took inspiration from the Overlook Hotel of "The Shining," and from other movies featuring haunted houses. Read the original article on Business Insider.....»»

Category: topSource: businessinsider2 hr. 0 min. ago

The lawyer for Eric Trump in a civil fraud investigation against the Trump Organisation quit the case, court records show

Marc Mukasey, who successfully defended the former Navy SEAL Eddie Gallagher in court, stopped representing Donald Trump's youngest son. Eric Trump, executive vice president of the Trump Organization. Noam Galai/WireImage via Getty Images Eric Trump's attorney in a fraud lawsuit against the Trump Organization has quit. A court filing from September 14 showed that Marc Mukasey stopped giving counsel to Eric. Neither Mukasey nor the Trump Organization responded to requests for comment. See more stories on Insider's business page. The attorney representing Eric Trump in a civil fraud lawsuit against the Trump Organization has quit, a court filing shows.Marc Mukasey of Mukasey Frenchman LLP was one of two attorneys representing Donald Trump's youngest son.The lawsuit was filed by New York Attorney General Letitia James and the Trump Organization, of which Eric is the executive vice-president.A court filing dated September 14, which was first reported by Forbes, said that Mukasey will "hereby withdraw my appearance as counsel of record for Respondent Eric Trump."Mukasey is a high-profile criminal defense attorney who successfully defended Eddie Gallagher, the former Navy SEAL, against a charge of premeditated murder.James announced last year that she was taking legal action as part of a civil investigation into whether executives at the Trump Organization falsely inflated the value of its assets to get access to loans, and underestimated them for tax purposes.The legal action was a motion filed in August 2020, partly designed to compel Eric Trump to give testimony after he failed to turn up for a scheduled and subpoenaed interview.Eric was, according to James' office, "intimately involved in one or more transactions under review."She opened the investigation in 2019 after Michael Cohen, Donald Trump's former personal lawyer, testified before Congress that Trump's annual statements inflated the value of his assets in order to secure favorable loan terms and insurance coverage, as well as other benefits.Insider contacted both Mukasey and the Trump Organization for comment but did not receive a reply at the time of publication.Eric Trump will continue to be represented by criminal defense attorney Alan Futerfas, the court filing said.Read the original article on Business Insider.....»»

Category: topSource: businessinsider4 hr. 49 min. ago

Evergrande"s Impact On The Broader Junk Bond Market

Evergrande's Impact On The Broader Junk Bond Market Ahead of China's reopening on Wednesday after a two-day holiday which has seen property stocks traded in Hong Kong tumble on fears that the Evergrande default will spark contagion both domestically and internationally, investors are closely watching what - if anything - Beijing will announce to ease investor nerves (they are also watching the first People’s Bank of China policy operation since the country’s holiday break). Meanwhile, international investors are just as closely tracking developments in China bond markets, not just the High Yield market where yields have soared to the highest level in 10 years, but also the investment grade sector, which is where the country's banks reside. The good news here is that so far China's IG market has barely budged, and as Deutsche Bank's Jim Reid notes, "if  Chinese IG doesn't care, the world shouldn't. However, if that starts to widen we know the impact is starting to spread. Definitely one to watch." And while traders wait to see if new developments impact China's IG market, Deutsche Bank has released a detailed look at how Evergrande could impact the broader high yield market, where it is a dominant player, with estimates of Evergrande's bonds ranging anywhere between 10% and 16% of total market size... Or, as Deutsche Bank puts it, "Evergrande is the largest corporate in the largest sector of the second-largest economy in the world" and as such the fact that this crisis has become a much wider global macro story shouldn't be a surprise. To this end, in his note published this morning DB's Craig Nicol seeks to answer some of the questions posed by investors in recent days, including scale and scope of contagion within HY, exposure to China risk within indices, and the ultimate end game. Starting with the topic of contagion, the first question to ask is why have we not seen any wider scale contagion within HY or even China $IG? As detailed in the chart below, which shows cumulative year-to-date total returns across HY markets as well as China $HY and $IG markets, the obvious point to make is that, while we've seen a significant decline in performance in China $HY, the wider impact on credit markets has been negligible. China $HY has seen YTD performance of nearly -18% which compares to returns of +3% to +5% across broader HY markets and +1% for China $IG. The next two charts show the scale of the spread moves for context. The first two charts focus on the China $ markets only. As we have observed recently, China's dollar HY market has seen spreads widen back to the pandemic wides of last year at ~1600bps - and clearly very distressed levels - and recently even rose to decade wides from 2011. Spreads are 326bps wider MTD alone. In contrast, and as noted above although yesterday was the first real weak day for China $IG, spreads are only 7bps wider MTD and 10bps tighter versus the end of Q2. The chart with spreads tracked back to 2010 on the right hand side shows that there has been a clear dislocation between China $ IG and HY risk in recent weeks as the Evergrande situation has developed compared to what has historically been a tight correlation between the two markets. Chart 3 shows spreads for $HY and €HY only. Spreads were notably wider yesterday, particularly in $HY, however in the context of YTD spread performance we are still near the tights not only this year but also historically over the last decade. Most importantly, China $HY spreads have been widening for the best part of 4 months now but in that time we've seen $HY and €HY trade in a narrow range at historically tight levels with all-time low volatility. So, as Nicol notes, "whilst yesterday's price action was eye-catching the broader spread moves since China $HY started widening aggressively has been anything but that. So, contagion has been incredibly limited and virtually non-existent so far at least." One reason for the lack of contagion within the bond market is the relatively low exposure: according to DB, global HY has only 5% exposure to China, while €HY less than 1% and $HY no exposure, and as Nicol notes, "the fact that we've seen spreads remain so resolute in $HY and €HY in the face of China weakness is supported by the lack of direct China risk. In Figure 4, we show the breakdown of the main ICE HY indices with a focus on China country of risk and also Asia and broader EM exposure." As shown above, given that $HY is a DM-only index, there is no exposure to corporates with a China country of risk whatsoever whilst €HY has minimal exposure at just 0.3% of the index notional spread across 2 issuers. Where there is greater exposure is within global HY funds where around ~5% of the index is directly China country of risk (excluded here are issuers that don't have a China country of risk but may have significant revenue, earnings or even asset exposure to China. This will be more significant but requires more of a subjective overlay.) DB has also included distress ratios as an additional information point across all markets. Distress ratios are at historically low levels across HY markets (to be expected in a world that has injected $40 trillion in liquidity since Covid); however, unsurprisingly for China $HY, the distress ratio is alarmingly high at over 57%, although one should highlight that this is very much a real estate story. According to DB calculations, China's real estate sector comprises over 80% of China $HY and has a distress ratio of 69%. In contrast, all other sectors combined have a distress ratio of just 6% and only just above that of the wider global HY market. This is further evidence that the contagion has been incredibly limited so far with China HY real estate really the only sector under any kind of distress, although when one considers the outsized impact of China real estate on China's economy - 30% of GDP and 70% of household wealth are tied up in property - this should not be discounted. Uncertainty is high, contagion risks should not be discounted. While one could be tempted to discount the risk of contagion, Deutsche Bank cautions that "the sheer scale and complexity of Evergrande and the potential for contagion in a sector like real estate that provides core collateral for financial intermediation and complex webs and interlinkages between institutions rightly means markets are sensitive about the potential fallout." Indeed, in recent days, the scale of concern has even ignited debate about Evergrande being "China's Lehman" moment. That said, to counter some of the more extreme concerns, DB notes that the first important point to make is that the Evergrande situation has not happened overnight and it is a story that has been developing for some time now. Indeed, the $ bonds have been in what is a relatively steady decline since the end of May now as opposed to crashing in a matter of days (as was the case with Lehman, although there the stock did collapse heading into Sept 15, 2008). So, as Deutsche notes, "investors have had some time to digest the potential knock-on risks, price the risks and consider the wider ramifications for more domestic markets and sectors. That is considerably different to the global financial crisis over a decade ago where broader markets ultimately were unable to reprice quickly enough" (or rather they simply refused to accept the Lehman bankruptcy as a viable outcome until the actual bankruptcy filing itself). The second point is that we have seen little to no fallout beyond the real estate sector in China HY. As stated earlier, the non-real estate distress ratio in China $HY is just 6% and only slightly above broader global HY while there is no stress at all in China $IG. The latter is the next market to watch especially given exposure to banks, however here DB argues that a combination of stronger balance sheets and a level of state or local government backing does somewhat mitigate the risks. The third point and, where there appears to be some level of consensus, is that a wide-scale systemic issue is unlikely. Historically, there has been some level of belief that China's government would not let a financial shock event unfold especially before contagion. However, as many have noted in recent weeks, it is not nearly as clear how much of a China “policy put” exists to support sectors, unless contagion gets much worse. This is especially the case given policy makers' greater focus on reducing moral hazard. Ultimately, authorities have the tools to contain this, are incentivised to prevent this becoming a wider systemic issue and will likely prevent this being systemic, especially if market turmoil gets worse. If nothing else, the argument goes, problems have been too obvious for too long and the Evergrande shock is mostly policy-induced so all things equal policy makers should be more in control than a decade ago. While this may come via a managed restructuring of Evergrande’s debt as opposed to a direct bailout, the bigger unknown is how much longer are authorities willing to tolerate and the likelihood of a policy error going up. That all being said, Deutsche ultimately agrees with Goldman that whatever the ultimate timeline is on some level of policy support to prevent this becoming more widespread, it's hard to argue against there being a further shift lower in growth expectations in China, especially when it comes to the slowdown in the property sector adversely impacting GDP (for those who missed it yesterday, the chart below shows Goldman's three cases how significantly the property market slowdown will impact China's GDP). Here DB's China economists have also noted that the property sector is now in a cyclical downturn and that if the downturn this time were to follow historical patterns, the trough for property sales will likely be in end-2021 or early 2022. The bank also notes, similarly to Goldman, that previous downturns resulted in a negative impact on real GDP of ~1-2% and closer to ~5% during the GFC. As Deutsche Bank concludes, "much depends on contagion knock-on risks to other sectors; however, we should note that this is all coming as China also shifts to living with COVID and potential further waves, and smoothing trade relations with the US." One final point: DB's chief credit strategist Jim Reid held a flash poll asking clients' opinion of what Evergrande will mean for global markets in a month had over 700 response in two hours. The result: only 8% felt it would be significantly impacting global financial markets by then with a combined 68% expecting limited or no impact. Bottom line: markets are fully of the view that contagion is virtually unlikely. Or as Jim Cramer would say, "Evergrande is fine." Tyler Durden Tue, 09/21/2021 - 21:05.....»»

Category: blogSource: zerohedge13 hr. 17 min. ago

Some of the best hotels in Las Vegas aren"t on the Strip - here"s where to find a great stay starting at $30

Here's where to stay off the Strip in Las Vegas, including cheap and luxury hotels near Downtown, Fremont Street, Summerlin, Henderson, and Red Rocks. When you buy through our links, Insider may earn an affiliate commission. Learn more. Tripadvisor The Las Vegas Strip draws millions, but locals know that's not the real heart of the city. Downtown Las Vegas, Fremont Street, and suburbs are more authentic with cheaper casinos and hotels. Some of the best Las Vegas hotels are off-Strip, from retro motels to luxury amid the Red Rocks. Table of Contents: Masthead StickyThe Las Vegas Strip is the city's glitzy, showy draw, luring millions of tourists each year. But it's hardly the sole attraction.As a Las Vegas local, I want you to know there's much more to this wonderful city than just what you'll find along Las Vegas Boulevard. And while you can (and should) enjoy time on the Strip, going off-Strip will show you a part of the city you've never experienced, one that's neighborhood-centric, artsy, outdoorsy, and filled with character.As such, the next time you're looking for a Las Vegas hotel, consider an off-Strip hotel. From historic Fremont Street hotels that lean into a vintage Vegas aesthetic to luxurious desert escapes with spas and pools, these off-Strip hotels also boast lower prices and gaming minimums than their Las Vegas Boulevard counterparts. Browse all the best off-Strip Las Vegas hotels below, or jump directly to a specific area:The best off-Strip hotels in Las VegasFAQ: Las Vegas hotelsHow we selected the best off-Strip hotels in Las VegasMore of the best places to stay in Las VegasThese are the best off-Strip hotels in Las Vegas, sorted by price from low to high. El Cortez Hotel & Casino This property dating back to 1941 is the longest continuously-running casino in Las Vegas. Tripadvisor Book El Cortez Hotel & CasinoCategory: BudgetNeighborhood: Downtown Typical starting/peak price: $30/$125Best for: Groups of friends, solo travelers, couplesOn-site amenities: 24-restaurant known for its shrimp cocktail and prime rib, bars with live entertainment, spa, beauty salon, old-school barbershop, casino, sportsbookPros: This is a very budget-friendly option in the heart of the trendy Fremont East District that will be enticing to history buffs. The 1941 era property is the longest continuously-running casino in Las Vegas.Cons: This is an older property that is showing its age. You will either find it charming or hopelessly dated. There's also no pool.Listed on the National Register of Historic Places, the El Cortez and its pink neon cursive sign harken back to the early days of Las Vegas. The Spanish Colonial Revival style architecture stands out in a city increasingly defined by steel and glass.Step inside and find a dimly lit casino, a lobby bar with a live piano, and no-frills rooms. Amenities are limited. There's no pool and the retail space is just a small general store.Most people who appreciate the El Cortez do so because they either like the history or the low prices. For something more modern, book a room at the El Cortez Cabana Suites, the 64-room sister property across the street with tufted white headboards, green walls, marble bathrooms, and a fitness center.COVID-19 procedures are available here. Downtown Grand Hotel & Casino Vibrant, bright colors create a tropical look on the aptly named Citrus Pool Deck. Tripadvisor Book Downtown Grand Hotel & CasinoCategory: BudgetNeighborhood: DowntownTypical starting/peak price: $33/$217Best for: Couples, groups of friends, locals On-site amenities: Lively rooftop pool, bars, restaurants, live entertainment, meeting and event spacePros: The 3rd Street location gives easy access to stellar restaurants and the Mob Museum is just across the street. Also, the hotel's rooftop pool has dreamy views come sunset.Cons: The on-site Art Bar, which has paintings hanging from the ceiling, used to be an under-the-radar cocktail lounge, but in recent years, the resort has served continental breakfast there, which feels like a downgrade.Can't decide between the raucous Fremont Street Experience and the slightly more chill East Fremont District? Then try the Downtown Grand, which expertly straddles that line.The recently expanded property (the hotel's 495-room Gallery Tower opened in September 2020) still feels boutique despite the budget price tag. Rooms are simple but comfortable, with white walls, geometric accents, and floor-to-ceiling windows.The real highlight is the Citrus Grand Pool Deck, which was voted the best of Las Vegas' best Downtown hotel pool in 2020. When I first moved to Vegas, I whiled away many a desert afternoon at this rooftop oasis; I love the cocktail program and the city views. COVID-19 procedures are available here. Oasis at Gold Spike Known for its party scene, the pool at Gold Spike is a lively one. Booking.com Book Oasis at Gold SpikeCategory: BoutiqueNeighborhood: DowntownTypical starting/peak price: $35/$149Best for: Groups of friends, solo travelers, young professionalsOn-site amenities: Pool, bike rentals, restaurant, bar, coworking space, fitness center, backyard area with gamesPros: This hotel is vibrant and social. It's not just close to the party; this is the party. Plus, unique rooms include a solar-powered trailer and the penthouse where the 31st season of The Real World was filmed.Cons: This hotel can be very loud (especially on weekends) and rooms are small.Like a lot of things in Downtown Las Vegas, the Oasis at Gold Spike (formerly the Gold Spike Hotel & Casino) used to be a little bit seedy. Now, it's a millennial/Gen Z hangout with a vinyl soundtrack, a coworking space that turns into a house party at night, and 130 hotel rooms. Notably absent: a casino.Staying here is like staying at a deliberately cool hostel, minus the bunk beds. You'll have your own room, but it'll be small and basic, simply a place to crash after staying out all night. Then you'll wake up, grab a cocktail from the 24-hour bar, and hit the pool.The Oasis at Gold Spike is also steps from all of the bars and restaurants on Fremont Street, so there's much to explore within walking distance, although to be honest, on most nights, the best party is right here.COVID-19 procedures are available here. The Plaza Hotel & Casino An iconic mural keeps watch over the pool at this equally iconic hotel. Tripadvisor Book The Plaza Hotel & CasinoCategory: BudgetNeighborhood: DowntownTypical starting/peak price: $39/$145Best for: Groups of friends, couplesOn-site amenities: Rooftop pool with pickleball court, an outdoor equestrian center that hosts rodeos, bingo, bars, restaurants including a steakhouse that was seen in the movie "Casino"Pros: This budget-friendly hotel has a prime Fremont Street location with unique amenities (name another Downtown hotel that hosts the National Finals Rodeo; you can't) and great views.Cons: The Plaza opened in 1971 and despite a $35 million renovation in 2010, the property still shows signs of wear, particularly in guest hallways and rooms. Nearly every Las Vegas local (and many a visitor) has taken a photo beneath the twinkling gold lights at the entrance to The Plaza. This backdrop, like the hotel itself, is classic Las Vegas.The 995-room property excels by leaning into the 70's vintage vibe hard. From the banana-leaf wallpaper at the coffee shop to the retro Palm Springs-inspired rooftop pool lounge, The Plaza will feel like a Killers music video if you're a young traveler (Spoiler: It was actually in a Killers music video) and you will unironically enjoy the bingo, smoky casino, and showgirl-bespeckled carpet.In some places, The Plaza feels retro in all the right ways — the steakhouse overlooking Fremont Street, the colorful pool area — in other places, such as the 325-square-foot Deluxe rooms, it feels dated and spartan. Spring for a renovated room (especially one of the Pool Patio rooms which includes a private covered patio) or request one of the newer Luxe rooms, which come with voice-activated Amazon Echoes.COVID-19 procedures are available here. M Resort Spa & Casino The 100,000 square-foot pool complex has two infinity pools including a family-friendly pool and a separate day club pool that hosts parties. Tripadvisor Book M Resort Spa & CasinoCategory: Luxury Neighborhood: HendersonTypical starting/peak price: $78/$345Best for: Families, localsOn-site amenities: Pool with summer parties, spa, fitness center, restaurants including a steakhouse and artisan bakery, lounge with UFC viewing partiesPros: M Resort has a locally-loved pool and a location that is convenient for activities in the Henderson area. Rooms are quiet and have unique views.Cons: The surrounding area isn't much of a destination — think suburban sprawl.A staycation favorite among locals, M Resort has a 100,000 square-foot pool complex with two infinity pools. There's a family-friendly pool and a separate day club pool that hosts parties that allow guests to have the option of both a party environment and a more mellow one.Because the property is located south of the Strip in the Henderson area, rooms feature unique views. They're modern and luxe, outfitted with floor-to-ceiling windows, power blinds, and raw wooden decor. On-site restaurants are also a bright spot; find everything from a deli to a steakhouse, and a Raiders-themed bar and grill, which is a popular recent addition.The M Resort is not a place to stay if you want to be close to the action of the Strip and Downtown Las Vegas, but odds are if you're choosing this hotel, a respite from the mayhem is what you're seeking.COVID-19 procedures are available here. Golden Nugget Hotel & Casino The pool complex here is expansive, with restaurants, bars, and even a 200,000-gallon shark tank. Tripadvisor Book Golden Nugget Hotel & CasinoCategory: LuxuryNeighborhood: DowntownTypical starting/peak price: $79/$179Best for: Couples, familiesOn-site amenities: Expansive pool complex with a 200,000-gallon shark tank, wide selection of restaurants and bars, nightclub with patio overlooking Fremont Street, spa, salon, fitness center, retail shopsPros: Multiple fine dining options and comfortable rooms make this a great base, and it's also dog-friendly (not as common Downtown as it is on the Strip). Plus, the shark tank with a slide going through it in the pool area is a fun perk.Cons: Golden Nugget is not as budget-friendly as other Fremont Street hotels and the nightclub may not dazzle guests who are used to the Strip's more opulent ones.Before Circa, the Golden Nugget was the correct answer to, "where can I stay Downtown if I like the vibe of the Strip?" The property, which is in the center of the Fremont Street Experience, has marble floors, upscale restaurants, and a large casino.A large number of the rooms were recently renovated (the Carson Tower and Gold Tower rooms were renovated in 2018 and 2015 respectively) and feature neutral decor, comfortable mattresses, and lots of space. The Rush Tower rooms with California King beds and 439-square feet of space are an excellent value (expect to pay $109-$229 approximately). The pool complex is huge, and even has a shark tank with an adjacent water slide.COVID-19 procedures are available here. The Signature at MGM Grand Every room here is a suite with apartment-like features. Tripadvisor Book The Signature at MGM GrandCategory: Luxury Neighborhood: Near StripTypical starting/peak price: $99/$599Best for: Business travelers, couplesOn-site amenities: Pool, spa, fitness center, lounge, cafePros: All rooms are suites with balconies, which is a real rarity in Las Vegas. It's also slightly removed from the Strip while offering easy access to it.Cons: There are very limited on-site food and drink options unless you walk to the adjacent MGM Grand.If you want to be near the Strip without being directly on the Strip, the Signature at MGM Grand is one of the best options you'll find. This non-gaming property, which is less than a mile from the Strip, is connected to the massive playground that is the MGM Grand (you won't even have to go outside to walk to it) but still feels completely separate.The lobby is tranquil and elegant, and rooms come with kitchenettes, separate living room areas, and in some cases, balconies. Upgrade to a Deluxe Balcony Suite to secure one. They also have spacious spa bathrooms with a rainfall shower, a deep soaking tub, and a TV.While sunning on your balcony, don't be surprised if the view is of a rowdy pool party at the nearby Wet Republic Ultra Pool.COVID-19 procedures are available here. Green Valley Ranch Resort Spa and Casino This family-friendly resort is located in one of Las Vegas' most desirable suburbs. Tripadvisor Book Green Valley Ranch Resort Spa and CasinoCategory: LuxuryNeighborhood: HendersonTypical starting/peak price: $99/$500Best for: Families, locals, foodiesOn-site amenities: Pool, spa, salon, arcade, restaurants, bars, fitness center, concert, event spacePros: Family-friendly and Vegas don't always go hand-in-hand, so the kid-friendly amenities such as the Cyber Quest arcade are a nice touch. Also, locally-acclaimed restaurant Pizza Rock has a location here, which is not to be missed.Cons: Guests complain about long check-in times and long distances between parking areas and rooms. The Las Vegas neighborhood of Green Valley is attractive with locals due to its safety, proximity to the Strip (about a 15-20 minute drive), and The District at Green Valley Ranch, an open-air shopping and dining area. Travelers staying at Green Valley Ranch Resort Spa and Casino, which is just a five-minute walk from The District at Green Valley Ranch, will appreciate these same things.The well-manicured property feels as big as some Strip resorts and has a similar scope of amenities too, including high-end restaurants. Italian restaurant Bottiglia offers a lively brunch with bottomless mimosas, Borracha Mexican Cantina has fresh fish tacos, and Tides Oyster Bar has an outstanding fresh seafood selection.The rooms at Green Valley Ranch Resort Spa and Casino are nothing out of the ordinary, with beige and chocolate brown accents and flat-screen televisions, but they're a good value. Just expect to pay more on weekends.COVID-19 procedures are available here. Virgin Hotels Las Vegas, Curio Collection by Hilton Bright, bold rooms are stylish and new and suites are especially spacious. Virgin Hotels Book Virgin Hotels Las Vegas, Curio Collection by HiltonCategory: LuxuryNeighborhood: Near StripTypical starting/peak price: $111/$500Best for: Groups of friends, couples, Hilton loyalistsOn-site amenities: Live music venue, beach club, pool, spa, fitness center, meeting and event space, sportsbook with interactive games, bars, restaurantsPros: The aesthetic throughout the property aims to please, and rooms are bright and modern with just a bit of quirkiness.Cons: Near Strip is definitely not on-Strip. Expect a 25-minute walk to Las Vegas Boulevard if you dare to go on foot. The brand new Virgin Hotels Las Vegas emerged on former the Hard Rock Hotel and Casino site in 2021 and has made a strong case for a pilgrimage away from the Strip. Though, it is a solid mile away from Las Vegas Boulevard.The hotel is colorful and inviting with jewel-toned furniture and bold accent walls. Rooms are white with pops of color and interesting, modern light fixtures. The property also scores major points for embracing its desert location. You'll be greeted with cacti at the entrance, and once inside, you're met with an infusion of color.Dining and drinking feature venues from Todd English and Nobu Matsuhisa, and as long as you aren't counting on an easy stroll to the Strip, this property will impress. COVID-19 procedures are available here. Circa Resort & Casino The epic pool complex dubbed Stadium Swim is a sight to behold. Tripadvisor Book Circa Resort & CasinoCategory: Luxury Neighborhood: Downtown Las VegasTypical starting/peak price: $139/$639Best for: Groups of friends, couples, locals on staycationOn-site amenities: Year-round pool deck with a massive outdoor screen that broadcasts live sports games, swanky 60th-floor rooftop lounge, three-story sportsbook, the longest outdoor bar on Fremont Street, restaurantsPros: Circa opened in 2020 as the first newly-built hotel-casino in Downtown Las Vegas in 40 years, and it shows. Everything feels fresh, from the art installations in the parking garage (which the resort calls Garage Mahal) to sapphire and gold accents in guest rooms. This is a hotel for people who want a luxury Strip resort but in Downtown Las Vegas.Cons: This hotel still comes with a Strip resort price tag; Circa can be pricier than nearby Fremont Street properties.Located on the former site of the Las Vegas Club, Circa dominates the Downtown Las Vegas skyline with an angular design that looks distinctly modern compared to neighboring hotels.The property, owned by locally famous Derek Stevens who also runs the nearby The D Casino and Hotel, is flashy and upscale. For example, there's a display case containing 1,000 ounces of gold on the rooftop lounge and suites come with Balmain products in the bathroom.Instead of one rooftop pool, there are six spread across three levels. Dubbed Stadium Swim, it features six temperature-controlled pools, two swim-up bars, and a 143-foot diagonal, 14-million-megapixel LED screen, always playing the day's biggest sports games and events. Like most Vegas locals, I am partial to Vegas Vickie's, the casino bar that features Vegas Vickie herself, a beloved neon cowgirl who stood watch over Fremont Street for more than three decades. In a hotel that's so intensely modern, it's nice to see this nod to the neighborhood's past. COVID-19 procedures are available here. Red Rock Casino Resort Spa Red Rock's pool complex is serene and lush, lined with palms for ample shade. Hotels.com Book Red Rock Casino Resort SpaCategory: LuxuryNeighborhood: SummerlinTypical starting/peak price: $139/$600Best for: Couples, familiesOn-site amenities: lush pool, upscale restaurants, movie theater, bowling alley, spaPros: This hotel is a convenient jumping-off point for outdoor adventures in Red Rock Canyon, and is within walking distance from shops and restaurants in Downtown Summerlin. Plus, the pool is beautiful.Cons: Red Rock Resort is far from the Strip and Downtown Las Vegas. It can also be expensive.Red Rock Resort and Hotel is a true desert escape, located on the western edge of the city near the soaring cliffs of Red Rock Canyon. One could easily spend a day hiking, rock climbing, or mountain biking in the desert and then return to Red Rock for a spa treatment, a margarita by the palm-shaded pool, or fresh pasta from Osteria Fiorella.Conversely, this is also the kind of upscale hotel that makes it easy to spend an entire weekend without leaving the property. It has everything: great room service, cloud-like beds, views of the desert and the Strip, a nice selection of restaurants, and even a bowling alley and movie theater.The pool, in particular, is one of the best in the city and if you're looking for the opposite of a wild Strip pool party, this tranquil oasis is it. Should you feel inclined to wander, shops, restaurants, and even a weekly farmers market are steps away in Downtown Summerlin. COVID-19 procedures are available here. JW Marriott Las Vegas Resort & Spa The JW Marriott Las Vegas Resort & Spa offers a respite from the desert landscape with abundant greenery. Marriott Book JW Marriott Las Vegas Resort & SpaCategory: LuxuryNeighborhood: SummerlinTypical starting/peak price: $163/$311Best for: Couples, business travelers, golfersOn-site amenities: Pool, spa, fitness center, golf course, restaurants, business services, meeting spacePros: The Mediterranean-inspired landscaping with trees and waterfalls is beautiful and there is a shuttle to a nearby award-winning golf course.Cons: The on-site Rampart Casino feels notably shabby compared to the high-end feel of the resort.Every time I set foot in the JW Marriott Las Vegas Resort & Spa, it's an immediate escape from the harsh desert landscape. The greenery and water features are abundant, making the resort feel like a haven.I also love the restaurants, especially Jade Asian Kitchen which is great for sushi and cocktails, and Hawthorn Grill, which has an amazing waterside patio shrouded with trees.The rooms are simple and elegant with jetted tubs and large workspace areas, making this a good hotel for business travelers. The concierge can help arrange golf reservations and the surrounding Summerlin area is similarly upscale. The nearby Italian-inspired Tivoli Village offers open-air shopping and dining. Red Rock Canyon is also close. COVID-19 procedures are available here. FAQ: Las Vegas hotels What is the best time of year to visit Las Vegas?The shoulder seasons — fall and spring — bring perfect desert weather and are the best time to visit Las Vegas. Expect pleasant, sunny days with highs in the 80s and lows in the 60s. Of these two seasons, fall tends to be quieter, with spring bringing spring break crowds.Despite the very hot weather, summer is very busy and you may see higher room rates during this time. Winter is the least busy season in Las Vegas (except for New Year's Eve) and it can also be surprisingly chilly, so you might not get that pool day.Which off-Strip neighborhood should I choose?Stay Downtown or near the Strip if you want to still experience the casinos, restaurants, bars, and delightful mayhem that makes the city so special. Or choose Downtown if you want to experience historic Las Vegas, Fremont Street, and go where the locals go. Choose near-Strip if you want access to Las Vegas Boulevard without the noise and traffic.If you are traveling for business or with young children (or are sensitive to loud noise) consider the suburbs of Henderson or Summerlin. Henderson has outdoor shopping malls, big box stores, quiet neighborhoods, and nice city parks where families picnic. Summerlin will speak to you if you're the outdoorsy type, as Red Rock Canyon is just a stone's throw away. What is there to do off-Strip in Las Vegas?There's a whole world outside of the Las Vegas Strip (not to mention a couple of million people who call Clark County home). You can browse the shops at the Downtown Container Park, catch an intimate live concert at an East Fremont Street bar, or check out First Friday in the Arts District.Dine at a neighborhood restaurant that rivals the ones on the Strip and hit the trails at Red Rock Canyon, Mt. Charleston, Lake Mead, or Valley of Fire. From art galleries, museums, boutiques and craft cocktail bars to hiking, rock climbing, and kayaking, there's much to explore in Southern Nevada.Why should I stay off-Strip?If you've visited Las Vegas a million times and only ever experience one street, you owe it yourself to see another part of the city at least once. You might also find lower rates, though not at every property. Don't expect to pay less for a room at Red Rock Casino than you would for a room at a budget Strip property like Excalibur.You may also find fewer crowds, less vehicle traffic, less noise, and less price-gouging when you shop, eat, and drink. Whether it's your first or tenth time to Vegas, if any of that appeals to you, consider going off the beaten path.Staying off Strip also balances the experience of Las Vegas Boulevard.  Hike through the stark, wild beauty of the desert complemented by a fancy dinner at a sleek steakhouse. An intimate cocktail bar in the Arts District can serve as a prelude to a crowded evening at a nightclub. Is it worth staying off-Strip in Las Vegas?You can still find all of the classic Las Vegas amenities you love such as pools and poolside bars, spas, casinos, buffets, and sportsbooks, plus other surprising extras, like movie theaters, bowling alleys, kid-focused amenities, and community events.And if you miss the Strip, it's not hard to get there. You can be as close as a half-mile away if you stay near Strip, or as far as 12-15 miles away if you stay in Henderson or Summerlin.Do off-Strip hotels have resort fees?Sadly, you would be hard-pressed to find a hotel in Las Vegas without a resort fee. Every hotel on this list with the exception of Virgin Hotels Las Vegas charges one. Some properties may waive these fees for special promotions (M Resorts is currently offering a no resort fee stay to locals on staycation), but for the most part, you can expect to shell out an extra $20 to $40 on average per night. What are current Las Vegas COVID-19 travel restrictions and protocols? Las Vegas is open, without restrictions involving capacity limits and large gatherings.However, the State of Nevada has mandated that everyone, including fully vaccinated individuals, wear a mask in public indoor settings, including resorts and casinos, restaurants, bars, showrooms, and meeting spaces. Masks are also required on public transportation.Large indoor events also have masks, testing, and vaccination requirements so check before arriving both with local Las Vegas mandates, the Nevada Health Response updates, as well as your individual hotel and destination. How we selected the best off-Strip hotels in Las Vegas As a Las Vegas local travel writer, I'm personally familiar with every hotel on this list and stand behind all of these hotels. I have either stayed at the hotel or have spent significant time exploring the property and the surrounding neighborhood. Hotels are located in desirable Las Vegas neighborhoods, including near-Strip, Downtown, Summerlin, and Henderson. Each hotel holds a TripAdvisor rating of between 3 to 4.5 (the average rating on this list is 4 out of 5) with a high volume of recent honest, unbiased reviews.Rates range between $30 and $163 to start and do not include resort fees. Las Vegas room rates fluctuate based on the season and major events usually drive up prices. Las Vegas room rates tend to fluctuate wildly. On one night a room might be below a hundred dollars, on another night it might be approaching a thousand. This is why value is so key.Standard hotel rooms at each property are known to be comfortable with classic or unique Vegas views.    The hotel features must-have Vegas amenities, such as a pool, great on-site restaurants and bars, a casino, spa, fitness center, plus entertainment offerings, and events.You don't want to stay in a quiet, spa-like environment if you've come to Vegas to party, and you don't want to stay in the middle of a party if you're traveling with small kids. We've noted who we think would enjoy each hotel, such as solo travelers, groups of friends, couples, families, business travelers, and locals on staycations.The hotel keeps guests safe by instituting COVID-19 policies in accordance with the most recent CDC guidelines. More of the best places to stay in Las Vegas Prayitno/Flickr The best Las Vegas luxury hotels on or near the StripThe best cheap hotels in Las VegasThe most incredible hotel suites in Las Vegas for every budgetThe best Las Vegas Airbnbs Read the original article on Business Insider.....»»

Category: topSource: businessinsider15 hr. 16 min. ago

Rep. Nunes Wins Major Victory In Defamation Case Against Ryan Lizza And Hearst

Rep. Nunes Wins Major Victory In Defamation Case Against Ryan Lizza And Hearst Authored by Jonathan Turley, We have been following a slew of defamation lawsuits by political figures over the last few years. (See, e.g., here and here and here and here and here and here and here and here). For torts scholars, it has been a bonanza of interesting issues touching on every element of defamation law. There is now an important ruling out of the United States Court of Appeals for the Eighth Circuit that could have enormous implications not just for the media but anyone who retweets stories or claims. The appellate panel ruled unanimously for Rep. Devin Nunes against journalist Ryan Lizza who now writes for Politico. Nunes will be allowed to litigate his claim that Lizza defamed him by claiming that he secretly moved his farm from California to Iowa and linked the move to the alleged use of undocumented labor. Not only does Nunes have no reported stake or operational involvement with the farm, there is no evidence of his effort to hide the move or conceal any use of undocumented laborers. However, the interesting aspect of the ruling is how a retweet by Lizza resuscitated the case for Nunes. In 2019, Nunes sued Lizza and Hearst Magazines after Lizza wrote a feature article entitled “Devin Nunes’s Family Farm Is Hiding a Politically Explosive Secret,” in Esquire. Lizza asked in the article “Why would the Nuneses, Steve King, and an obscure dairy publication all conspire to hide the fact that the congressman’s family sold its farm and moved to Iowa?” The “explosive secret” appeared to be his moving the family dairy farm to Iowa from his district and the suggestion that the farm was using undocumented labor. The claims, if false, could be the basis for defamation and a separate lawsuit against Lizza and Hearst by the family farm, NuStar, was previously found valid for the purposes of a trial. The issue was the separate Nunes complaint and federal judge C.J. Williams rejected his claims because “[m]oving or concealing a move is not a crime. Because the object of the ‘conspiracy’ is harmless, no reasonable reader could interpret the term ‘conspiracy’ to imply criminal conduct in this context.” The appellate panel agreed that there was no express defamatory statement in the article. However, it found that a reasonable jury could find it defamatory by implication. As such, the statements do no need to be individually defamatory by creates defamatory meaning in the juxtaposing of fact or omitting facts. The court ruled that “[b]ased on the article’s presentation of facts, we think the complaint plausibly alleges that a reasonable reader could draw the implication that Representative Nunes conspired to hide the farm’s use of undocumented labor.” The problem for Nunes is that he is a public official. The standard for defamation for public figures and officials in the United States is the product of a decision decades ago in New York Times v. Sullivan. This is precisely the environment in which the opinion was written. The Supreme Court ruled that tort law could not be used to overcome First Amendment protections for free speech or the free press. The Court sought to create “breathing space” for the media by articulating that standard that now applies to both public officials and public figures. As such, public officials and public figures must show either actual knowledge of its falsity or a reckless disregard of the truth. Notably, Nunes sought to challenge New York Times v. Sullivan, which a lower court could not set aside. Presumably, he will seek an eventual Supreme Court review to achieve that purpose.  However, the appellate court is bound to follow the precedent and held “[u]nder that demanding standard, we agree with the district court that the complaint is insufficient to state a claim of actual malice as to the original publication.” That is when the case took a very interesting turn.  The Court found that Lizza later retweeting and linking to his story created a viable basis for defamation. Under the “single publication” rule any one edition of a book or newspaper, even if distributed to in thousands of copies, constitutes one publication that may support only one cause of action. Restatement (Second) of Torts § 577A(3) (Am. L. Inst. 1977). However, there can be liability for a “republication.” That is what the court found Lizza did when he later retweeted the publication. On November 20, 2019, Lizza tweeted: “I noticed that Devin Nunes is in the news. If you’re interested in a strange tale about Nunes, small-town Iowa, the complexities of immigration policy, a few car chases, and lots of cows, I’ve got a story for you.” That, according to the panel, tripped the wire by showing actual malice since he was now aware of the denials of involvement in the farm: “The complaint here adequately alleges that Lizza intended to reach and actually reached a new audience by publishing a tweet about Nunes and a link to the article. In November 2019, Lizza was on notice of the article’s alleged defamatory implication by virtue of this lawsuit. The complaint alleges that he then consciously presented the material to a new audience by encouraging readers to peruse his “strange tale” about “immigration policy,” and promoting that “I’ve got a story for you.” Under those circumstances, the complaint sufficiently alleges that Lizza republished the article after he knew that the Congressman denied knowledge of undocumented labor on the farm or participation in any conspiracy to hide it.” It is important to keep in mind that the “actual malice” standard can be shown by either making knowingly false statements or showing a reckless disregard for the truth. The panel held: “Lizza tweeted the article in November 2019 after Nunes filed this lawsuit and denied the article’s implication. The pleaded facts are suggestive enough to render it plausible that Lizza, at that point, engaged in “the purposeful avoidance of the truth.” Harte-Hanks, 491 U.S. at 692.” This could present a major new precedent if it is appealed to the Supreme Court. First, it could allow the Court to review New York Times v. Sullivan given the questions raised by some justices recently about the case. Second, even if Sullivan is safe, it could expand possible liability by treating social media links and retweets as republications. We have been discussing the rise of advocacy journalism and the rejection of objectivity in journalism schools. This ruling could present a serious push back on advocacy journalism where the line between fact and opinion is becoming increasingly blurry. Here is the decision: Nunes opinion Tyler Durden Tue, 09/21/2021 - 17:25.....»»

Category: blogSource: zerohedge15 hr. 33 min. ago