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Meet Roger Stone: One of Trump’s most loyal supporters whose 40-month prison sentence was just commuted

Editors note: This article was first published in March 2017. It has been updated in light of Roger Stone being found guilty of obstructing the Russia investigation.  President Donald Trump officially commuted the prison sentence of Roger Stone on Friday, July 10.A federal judge sentenced Stone, a longtime ally of President Donald Trump, to 40 months in prison after a jury convicted Stone of making false statements, witness tampering, and obstruction in November. Federal prosecutors said Stone attempted to undermine the investigation in order to protect Trump. Stone was found guilty of all seven charges brought against him. In January 2019, Special Counsel Robert Mueller indicted him with one count of obstruction, five counts of false statements, and one count...
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How growing consumer demand for tech solutions is accelerating innovation in financial services

Business Insider Intelligence Want more Fintech research? Here's how to get access:Business Insider Intelligence analyzes the fintech industry and provides in-depth analyst reports, proprietary forecasts, customizable charts, and more. >> Check if your company has BII Enterprise membership access to the full reportSign up for the Fintech Briefing, Business Insider Intelligence's expert email newsletter tailored for today's (and tomorrow's) decision-makers in the financial services industry, delivered to your inbox 6x a week. >> Get Started www.businessinsider.com
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Trump has reportedly commuted the prison sentence of the former Republican strategist Roger Stone

President Donald Trump has commuted the sentence of the former Republican strategist Roger Stone, a senior administration official confirmed to Politico.The president's move came after he and his allies complained for months that Stone and others were mistreated by prosecutors as part of the FBI's investigation into Russia's interference in the 2016 election.A jury convicted Stone of seven felony counts last year: five counts of making false statements to the FBI and congressional investigators, one count of witness tampering, and one count of obstruction of justice.Earlier this year, a federal judge sentenced Stone to 40 months in prison for his crimes, as well as a $20,000 fine, four years of probation after his prison term, and 250 hours of community service.V...
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Interpretation of CFTC positions: both Japanese yen and crude oil are willing to cool down (both the week of July 7) by FX678

Interpretation of CFTC positions: Yen and crude oil are both willing to cool down (when the week of July 7) FX678 | July 11, 2020 07:40 CTFC position data: A report released by the United States Commodity Futures Trading Commission (CFTC) on Friday (July 10) shows that as of the week of July 1 to July 7: the yen wants to cool down if it wants to see more bullish oil; Cooling down, crude oil speculative net longs decreased by 8,509 contracts to 535,317 contracts, indicating that investors are willing to see more crude oil to cool down.1. The speculative net shorts held by speculators decreased by 36 contracts to 4...
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COVID-19 heroes must jump through hoops for workers’ comp

In this April 14, 2020, file photo FDNY firefighters gather to applaud medical workers as attending physician Mollie Williams, left, wears personal protective equipment due to COVID-19 concerns outside Brooklyn Hospital Center in New York. Essential workers are lauded for their service and hailed as everyday heroes. But in most states nurses, first responders and frontline workers who get COVID-19 on the job have no guarantee they'll qualify for workers' comp to cover lost wages and medical care. (AP Photo/John Minchillo, File)In this April 22, 2020, file photo healthcare workers, including ER nurse Tamra Hill, front left, wiping away tears, at Regions Hospital to thank Xcel Energy crew members, including Paul Peikert, who had lined the street outside Regions to greet healthcare worker...
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With resurgence of COVID-19 cases in the U.S., Trump signals rift with Fauci: ‘He’s made a lot of mistakes’

With a resurgence of coronavirus cases in the U.S. and states pausing their reopening plans, President Trump pointed a finger at Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases for three decades and one of the leading experts on pandemics in the U.S. for four decades. “Dr. Fauci's a nice man, but he’s made a lot of mistakes,” Trump said on Sean Hannity’s Fox News show. “Like you don’t have to ban them coming in from very infected China. I did it anyway and we saved hundreds of thousands of lives. I banned Europe from coming in when Italy and France and Spain were having all the problems.” “ ‘They’ve been wrong about a lot things, includi...
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Amazon Says Email Ordering Employees to Delete TikTok Was Sent in Error

Amazon.com Inc. on Friday afternoon reversed a demand that employees delete the TikTok app from company mobile devices, a shocking turnabout from a dictate that just hours before had stoked concern about the app’s security and ties to China. The first message was dramatic enough, as the email directive to employees appeared to buttress recent scrutiny of TikTok security issues from governments in the U.S. and India. Then,... www.wsj.com
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Atlanta mayor rolls back the city’s reopening to Phase 1 guidelines

Atlanta Mayor Keisha Lance Bottoms rolled back the city's reopening plan amid surging coronavirus cases. Georgia Gov. Brian Kemp said the mayor's orders were not enforceable and couldn't override state mandates. Visit Business Insider's homepage for more stories. Atlanta Mayor Keisha Lance Bottoms rolled back the city's reopening to Phase 1 guidelines amid coronavirus cases surge across the state, local outlet WGCL reported. The city had been in Phase 2 of reopening.—Michael Seiden (@SeidenWSBTV) July 10, 2020"Based upon the surge of COVID-19 cases and other data trends, pursuant to the recommendations of our Reopening Advisory Committee, Atlanta will return to Phase I of our reopening plan," Bottoms said according to WSB-TV. "Georgia reopened in a reckless ma...
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Cinema Chain AMC Inks Financing Deal to Help It Survive Pandemic

AMC Entertainment Holdings Inc. has reached a deal with investors who will pump $300 million of new money into the company, as the nation’s largest theater chain looks to restart its business and fill seats with moviegoers still wary of the coronavirus pandemic. Under the terms of the deal, AMC’s junior bondholders, who are owed $1.6 billion, will swap their debt at a discount—about 73 cents on the dollar—for new debt. Some of those investors will lend AMC $200 million, the company said in a regulatory filing Friday.... www.wsj.com
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Netflix pulled off a showstopper early in the pandemic, but will the sequel deserve the price?

This article is part of a series tracking the effects of the COVID-19 pandemic on major companies, and will be updated. It was originally published April 7.If the coronavirus pandemic has proved anything, it is Americans’ insatiable appetite for Netflix Inc. Viewership of the streaming service has soared since shelter-in-place orders swept the country in March. In April, Netflix NFLX, +8.06% reported the addition of a record 15.77 million paid subscribers globally in the first quarter — double the new subscribers it expected — propelling its stock price more than 65% higher. Read more: Netflix has biggest quarter with nearly 16 million new subscribers signing on The seismic shift to streaming from viewers who had held on to cable bundles empath...