Tag Archives: money

Florida teen tried to kill parents in murder-for-hire plot with money stolen from them, police say

Florida teen tried to kill parents in murder-for-hire plot with money stolen from them, police sayA 17-year-old from Florida stole $ 1,400 from her parents to buy drugs and hire someone to kill them, according to an arrest affidavit.



Yahoo News – Latest News & Headlines

Former Dem Gov of Pennsylvania Accuses Warren of Hypocrisy for Shunning Big Donors While Relying on Their Money

Former Dem Gov of Pennsylvania Accuses Warren of Hypocrisy for Shunning Big Donors While Relying on Their MoneyEd Rendell, the former Democratic governor of Pennsylvania, slammed Senator Elizabeth Warren (D., Mass.) in the pages of the Washington Post on Thursday for touting her commitment to grassroots fundraising after pocketing millions in donations from the wealthiest people in the country.“I like Elizabeth Warren. I like her a lot. Too bad she’s a hypocrite,” Rendell begins the op-ed.After praising Warren's ideological commitments and her efforts to increase consumer protections in the financial sector, Rendell takes his fellow Democrat to task for “trying to have it both ways” by claiming independence from high-dollar donors while surreptitiously relying on them.He cites a recent New York Times report which revealed that Warren transferred $ 10.4 million from her senate reelection fund into her presidential campaign fund, $ 6 million of which came from donations of over $ 1,000.“The senator appears to be trying to have it both ways — get the political upside from eschewing donations from higher-level donors and running a grass-roots campaign, while at the same time using money obtained from those donors in 2018,” Rendell writes.Rendell, who is backing Joe Biden in the Democratic primary, goes on to criticize Warren's characterization of a fundraiser he hosted for Biden in April as “a swanky private fund-raiser for wealthy donors” in a fundraising email she sent the day after the gathering.“Well, I helped organize that affair, and I thought her attack was extremely hypocritical because nearly 20 of us who attended the Biden fundraiser had also given her $ 2,000 or more in 2018 at closed-door fundraisers in “swanky” locations,” he writes.Warren continues to tout her commitment to grassroots fundraising and has not responded to Rendell's broadside. However, her allies in the media have defended her decision to rely on high-dollar donations as a pragmatic move that will enable her to reform campaign finance laws from within once she wins the presidency.



Yahoo News – Latest News & Headlines

McConnell Said No to Money for Miners, Yes to Russian-Backed Plant

McConnell Said No to Money for Miners, Yes to Russian-Backed PlantPhoto Illustration by Elizabeth Brockway/The Daily Beast/GettySenate Majority Leader Mitch McConnell last month blocked a measure that would have used Treasury Department funds marked for Appalachian development to help pay for coal miners’ health care and pensions in his home state of Kentucky. But just a few months earlier, McConnell successfully steered near-identical Treasury funds for Appalachia to bankroll a Kentucky aluminum plant connected to an ally of Russian President Vladimir Putin. Democrats on Capitol Hill have raised concerns for months about McConnell’s connection to the aluminum plant. It’s one of several reasons why McConnell’s political opponents have tried to stick him with the nickname “Moscow Mitch.” But what’s gone largely unnoticed as the sobriquet has become a social media trending topic is how McConnell worked to keep money out of coal miners’ hands—even as he maneuvered to steer federal funds to the Russian-linked plant.The scrutiny started in January, when McConnell voted to lift sanctions on Rusal, a Russian aluminum company formerly headed by Putin ally Oleg Deripaska, despite several of his Republican colleagues defecting and voting no. Rusal’s de-listing caused an uproar among Democrats on Capitol Hill who viewed the deal the Treasury Department put together with Rusal as too lenient. Dems Move to Block Trump From Lifting Sanctions on Russian Oligarch Oleg DeripaskaThen, in April, the focus turned to McConnell. Just weeks after the Treasury Department announced the official de-listing of Rusal, the company announced a $ 200 million investment in the Braidy Industries aluminum plant in the northeastern part of Kentucky. Democrats raised questions about how much McConnell knew about Rusal’s investment plan before he voted for sanctions relief. Rusal is the only outside investor in the plant. In a statement to The Daily Beast, a Braidy Industries spokesperson said the company has never lobbied members of Congress on sanctions issues and began working with law firm Akin Gump in May 2019 for “general government relations representation.” The spokesperson also said no employee or director of the company has ever spoken to McConnell about Rusal.But McConnell’s connection to the Rusal-Braidy aluminum plant is deeper than previously understood. At the same time Rusal was lobbying the Trump administration to get off the U.S. sanctions list, McConnell was advocating for federal funds to be diverted to help with construction of the Braidy plant in Kentucky. Since 2016 the federal government has given states in Appalachia millions of dollars from the Treasury Department to help clean up and reform abandoned coal mining land, and to assist in economic and community development in those areas. McConnell and other Kentucky lawmakers, including Rep. Harold Rogers (R-KY), have advocated that the state continue to receive that federal funding given the impact of coal companies’ bankruptcies. Two companies, EastPark Industrial and Ashland Alliance, applied for $ 7 million from the pot of federal money from the Kentucky state government in November 2017 for general sewer and road repair on 204 acres of land. The application also included infrastructure improvements.In October 2018, McConnell, Rogers, and Kentucky officials announced that EastPark and Ashland would get $ 4 million. Then, in March 2019, the applicants confirmed that the $ 4 million would not go to funding general repairs but would instead go prepping for construction on the aluminum plant.“Ashland Alliance and EastPark will only be applying the $ 4 million to the Braidy Site preparation,” wrote Ashland Alliance president Tim Gibbs in an email from March 2019 reviewed by The Daily Beast. “The $ 4 million in AML funds will enable Braidy to complete the $ 14 million total investment to stabilize the site for high precision manufacturing.”It is not clear when talks between Braidy Industries and Rusal began, but two sources with direct knowledge of the $ 4 million payout said McConnell went to bat for the applicants during the internal review process and was instrumental in helping them secure the federal funding.As site cleanup for the aluminum plant began, McConnell blocked a bill sponsored by Sen. Joe Manchin (D-WV) that would have doled out federal money to help fund miners’ pensions. Every year the Treasury Department collects fees from coal companies based on how much coal they produce in their plants. Those fees are then doled out to the Department of the Interior in part for the purpose of cleaning up land that houses abandoned mines and for economic development and restoration of coal communities suffering from energy company bankruptcies. Manchin wanted to take the excess money from that fund and use it to secure coal miner pensions and health care plans. McConnell blocked the measure, claiming he wanted a more permanent fix to multiemployer pensions. “There are amendments that benefit Americans and West Virginians that are being blocked by one person: Mitch McConnell,” Manchin said in a statement at the time. “He is the sole person that is blocking a vote on my amendment to… secure coal miners’ health care and pensions, even though it has bipartisan support and would better the lives of every West Virginian, Kentuckian and American.”Making matters even more contentious was the fact that the majority leader helped steer $ 4 million in very similar federal funding for the Braidy aluminum plant construction. The $ 4 million came out of a $ 90 million allocation from the Treasury Department to the Department of the Interior to help three Appalachian states cope with the impact of a declining coal industry. The Department of the Interior did not respond to a request for comment.In a statement, McConnell’s office defended his decisions.“Leader McConnell has long been and will continue to be a strong supporter of Kentucky coal miners and their families. He has met with numerous Kentucky miners about important issues including the challenges facing their pension plan,” a spokesperson said. “Sen. McConnell is concerned about the challenges facing a number of multiemployer pension plans, including UMWA’s pension, and he believes it is best addressed through a broader bipartisan and bicameral pension reform effort.” But some coal miners in Kentucky are threatening to throw their support behind McConnell’s main 2020 opponent, Amy McGrath, if the majority leader fails to pass legislation that would help secure their pensions. Thousands of miners in Kentucky rely on the monthly $ 600 check to pay the bills and to buy groceries for their families. “We’re not ever going to quit until they give us what we’ve earned. We’re not going to quit until we get it,” said Dwayne Thompson, a 72-year-old former Peabody Energy coal miner from Kentucky. “I hope Senator McConnell gets that. If he supports us, we will support him.”The United Mine Workers of America (UMWA), the national mining union, has for years called on McConnell and other lawmakers to pass legislation that would help mitigate the fallout of the increasing number of energy company bankruptcies and the closure of hundreds of mines. In 1974, Congress passed a law that established minimum standards for pension plans in private industry. That same year UMWA negotiated its pension plan with coal mining companies. But with the demise of the coal industry, the fund is running out of money. It’s expected to be insolvent by 2022.Behind closed doors, two sources with direct knowledge say, McConnell has privately promised miners a more permanent fix to the pension issue, but even national coal mining leaders are skeptical that the Senate majority leader and his colleagues in Congress will help in the short term.“Coal miners understand something—when people tell us ‘we’re going to pass legislation’… we don’t believe it,” said Cecil Roberts, president of the UWMA, at a recent speech in Washington. “Anyone who understands how Congress works knows that that’s a fight.”Several miners who spoke to The Daily Beast said they felt McConnell had blocked the funding for pensions because some of the union members had decided to support his 2014 election opponent, Alison Lundergan Grimes. Others, though, were wary of going too far in their condemnation of the majority leader, saying that at the end of the day, McConnell was their best shot at ensuring they could continue providing for their families. (In 2017 McConnell helped push forward a bipartisan spending bill that included a permanent extension of health care benefits to thousands of coal miners.) On Friday two miners featured in an attack add by McGrath said they were not told their images would be used for a political campaign and demanded that McGrath stop airing them.“We thank Mr. McConnell for what he did to help on our health care, but now he needs to finish the job and do something about our pensions,” said Bob Cox, a 73-year-old former miner who serves as the president of a local UMWA chapter. “It’s a day to day concern for a lot of the older people I live with. They’re not well and they don’t need the extra worry that it brings on. If anything goes wrong, we won’t last as long as we thought we would.”Read more at The Daily Beast.Got a tip? Send it to The Daily Beast hereGet our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.



Yahoo News – Latest News & Headlines

Trump pitches his country club for G-7 meeting but claims he's losing money as president

Trump pitches his country club for G-7 meeting but claims he's losing money as presidentThe president defends a plan to hold a G-7 meeting at his private golf club.



Yahoo News – Latest News & Headlines

Catholic priest Joseph McLoone stole church money and spent it on himself, Grindr men, authorities say

Catholic priest Joseph McLoone stole church money and spent it on himself, Grindr men, authorities sayA Catholic priest in Pennsylvania was charged with theft after he stole nearly $ 100,000 from his parish over several years.



Yahoo News – Latest News & Headlines

Sanders knocks Harris on Medicare for All: 'I don't raise money from billionaires'

Sanders knocks Harris on Medicare for All: 'I don't raise money from billionaires'When Sen. Kamala Harris, in her latest effort to define her position on health care insurance, told a big-dollar Hamptons fundraiser she still wasn’t “comfortable” with the Medicare for All plan she has endorsed, her rival Bernie Sanders was quick to fire back.



Yahoo News – Latest News & Headlines

No money, no sheep: lockdown hampers Eid in Kashmir

No money, no sheep: lockdown hampers Eid in KashmirTradition dictates that Muslims slaughter a sheep during Monday’s Eid al-Adha festival, and despite the military lockdown in Kashmir’s main city Srinagar, Bashir Ahmad was determined to respect the custom. Muslim-majority Kashmir is set to celebrate Eid al-Adha on Monday, exactly a week after India’s Hindu nationalist government scrapped the restive region’s special autonomy status and imposed a curfew. Locals mark Eid by buying tens of thousands of sheep and goats to kill in an annual ritual that stems from the story of the prophet Abraham, commanded by God to slaughter his beloved son Ismail.



Yahoo News – Latest News & Headlines

Disgraced money manager Jeffrey Epstein dead in apparent suicide

Disgraced money manager Jeffrey Epstein dead in apparent suicideDisgraced financier Jeffrey Epstein was found dead on Saturday after an apparent suicide in the New York jail cell where he was being held without bail on sex-trafficking charges, and a source said he was not on suicide watch at the time of his death. Epstein, 66, was found unresponsive in his cell in the Special Housing Unit of the Metropolitan Correctional Center (MCC) and taken to a hospital where he was pronounced dead, the Federal Bureau of Prisons, which operates the lower Manhattan jail, said in a statement. Epstein, a well-connected money manager dogged for years by allegations that he sexually abused girls and young women, was found hanging by his neck, according to the source, who was not authorized to speak on the record.



Yahoo News – Latest News & Headlines

Money row sparks deadly Nigeria jihadist infighting: sources

Money row sparks deadly Nigeria jihadist infighting: sourcesA dispute over money within a Nigerian jihadist faction affiliated to the Islamic State group has spiralled into clashes that has killed “scores” of fighters, sources said. The infighting — which erupted into gun battles on July 26 — has exposed divisions inside the Islamic State West Africa Province (ISWAP) group, three sources with deep knowledge of the faction’s internal workings told AFP. The disagreement centred on sharing income mainly generated by taxing cattle herders and fishermen in areas the jihadists control around Lake Chad, said the sources, who asked not to be identified for safety reasons.



Yahoo News – Latest News & Headlines

Court documents tie Trump, Hicks to 2016 hush money payoff

Court documents tie Trump, Hicks to 2016 hush money payoffCourt documents released Thursday closely tied President Donald Trump and his former top aide Hope Hicks to hush money paid to a porn actress ahead of the 2016 election. The FBI warrant requests released Thursday show the law enforcement agency believed Trump and Hicks were intimately involved in arranging the $ 130,000 payment to Stormy Daniels — the screen name for Stephanie Clifford. The documents map out a flurry of phone calls and text messages in October 2016, when Cohen was arranging the payment to Daniels to keep her from going public with her claim of an affair years earlier with Trump.



Yahoo News – Latest News & Headlines