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The New York prosecutor who has been fighting to get President Donald Trump’s tax returns got a bank last year to turn over other Trump financial records. The New York Times reported Wednesday that Manhattan District Attorney Cyrus R. Vance sent a subpoena last year to Deutsche Bank as part of his investigation into Trump’s business dealings. The Times cited four people familiar with the inquiry. Vance’s office declined to comment. Attorneys for Trump and Deutsche Bank didn’t immediately respond to requests for comment. Vance is a Democrat. Trump has called his investigation “a continuation of the witch hunt.” 625
The jury in the trial of former Donald Trump campaign chairman Paul Manafort is likely to end a second straight day of deliberations without a verdict.Jurors debating the 18 charges against Manafort asked Judge T.S. Ellis to end Friday's deliberations at 5 p.m. ET, an indication they may not be near a verdict.Their note to Ellis came shortly after the judge revealed he has received threats during the course of the proceedings and the President called the trial "very sad."Ellis did not disclose details about the threats. But he said it was enough to make him wary of making the 12 jurors and four alternates' names public, in response to a request from media organizations. 686
The pandemic is requiring social distancing from friends and family, leaving many craving physical contact with those they care about. A woman in New Jersey has a clever solution: shower curtains.Melissa Molnar reportedly created a so-called “hug wall” from plastic shower curtains with two arm holes on each side to allow people to embrace.Molnar’s children haven’t been able to hug their grandmother since the pandemic started, so she created the hug wall to celebrate a recent birthday."It's been so hard for everybody in the world, and it was refreshing to be able to hug my parents and see their reactions, and see my children's reactions who have been asking for months when this going to be over,” Molnar told News 12. 733
The Nasdaq closed in correction on Wednesday, with tech stocks sinking following disappointing results from Texas Instruments and AT&T.The index finished down about 4%. The Dow was down slopped about 600 points Wednesday afternoon.Microsoft (MSFT) will report its results after the closing bell Wednesday and analysts are estimating that the company will report an increase of nearly 15% for both sales and earnings per share, thanks largely to strength in its cloud business.Netflix already kicked off tech earnings season last week when it reported a healthy jump in subscribers. But the party was short-lived for it and fellow FANG stocks Facebook, Amazon and Google.Netflix (NFLX) rose more than 5% the day after its earnings report but has fallen 9% since then."You can't just say tech is going to do great or even that FANG is going to do great. You have to be more selective," said Daniel Morgan, senior portfolio manager with Synovus Trust Company. 974
The New England Journal of Medicine is one of the most popular medical journals in the world, where researchers go to share trials and information on data and science. But on Wednesday, the journal entered the world of politics.In an unusual and highly unprecedented fashion, the New England Journal of Medicine wrote a scathing rebuke of US leaders’ response to the coronavirus pandemic. While not formally offering any sort of endorsement, the journal referenced the upcoming election in its editorial. The piece did not name President Donald Trump or opponent Joe Biden by name.“Anyone else who recklessly squandered lives and money in this way would be suffering legal consequences,” the journal wrote. “Our leaders have largely claimed immunity for their actions. But this election gives us the power to render judgment. Reasonable people will certainly disagree about the many political positions taken by candidates. But truth is neither liberal nor conservative. When it comes to the response to the largest public health crisis of our time, our current political leaders have demonstrated that they are dangerously incompetent."The editorial, titled “Dying in a Leadership Vacuum,” comes just 27 days before the US election. While much of the world has been able to keep coronavirus deaths to a minimum in recent months, the US still has one of the highest death rates in the world from the virus related to the coronavirus.The United States continues to average 800 deaths per day from the coronavirus, according to Johns Hopkins University data. Only India has been averaging more deaths per day than the US in recent weeks, and India’s population is nearly quadruple America’s population.While many European nations saw a reprieve from the despair of the coronavirus over the summer, counties such as France and the United Kingdom are seeing cases jump in recent weeks, although their death counts still pale in comparison to the United States.The New England Journal of Medicine said that the US had every advantage going into the pandemic to combat the disease.“The United States came into this crisis with enormous advantages,” the journal’s editors wrote. “Along with tremendous manufacturing capacity, we have a biomedical research system that is the envy of the world. We have enormous expertise in public health, health policy, and basic biology and have consistently been able to turn that expertise into new therapies and preventive measures. And much of that national expertise resides in government institutions. Yet our leaders have largely chosen to ignore and even denigrate experts.”To read the full editorial, click here. 2657