Giuliani responds to bombshell report claiming Ukraine paid Michael Cohen $400,000 for access to Trump
- Citing sources close to those involved, the BBC said the payment was set up by people acting on behalf of Ukrainian President Petro Poroshenko.
- Cohen, the longtime personal lawyer of the president, was not registered as a representative of Ukraine, which would be required under the Foreign Agents Registration Act if such a payment took place.
- The BBC said the payment, which Cohen denied, was made ahead of Poroshenko's White House visit last June.
- Giuliani, who met with Poroshenko in Ukraine late last year, told Business Insider in a Wednesday phone interview he did not know anything about the reported payment to Cohen.
- Avenatti was pushing earlier for the release of those additional SARs, one of which is said to cover the time frame when the Ukrainian visit to the White House took place.
15 yards for kneeling? NFL owners mull penalty for Anthem protests
- Atlanta (CNN) - As NFL owners work to conclude their spring meeting Wednesday in Atlanta, a big question remains: How will teams respond if players protest during the National Anthem?
- However, citing unnamed sources, Albert Breer of Sports Illustrated, as well as writers at ESPN, say NFL owners have considered new approaches, including leaving it up to home teams to decide whether players take the field before the National Anthem is played.
- Scores of players have joined in silent protests, initiated by quarterback Colin Kaepernick during the 2016 NFL season, to draw attention to what many describe as the systemic oppression of people of color, including by police.
- The conversations come as two free-agent players, Kaepernick and Eric Reid, have filed separate grievances against the league, citing collusion in denying them jobs.
- Kaepernick and Reid both kneeled during the National Anthem when they were 49ers teammates, and Reid continued his protest last season.
Comcast's cash offer for Fox assets may have difficult tax implications, sources say
- Comcast's efforts to outbid Walt Disney for Twenty-First Century Fox assets may run into tax hurdles, sources told CNBC's David Faber.
- The telecommunications giant said Wednesday it is in "advanced stages of preparing" a "superior" all-cash offer for parts of Fox. Disney agreed in December to acquire those assets, which include Fox's movie studios and a stake in Sky, for $52.4 billion in stock.
- However, Disney's stock offer would allow Fox to spin off the assets tax free, while a cash offer from Comcast would result in a taxable spin, sources said.
- A deal with Fox would boost Disney's efforts to dominate video streaming and compete with Netflix.
- Shares of Comcast fell more than 2 percent in premarket trading, and Disney shares traded more than half a percent lower.
- Disclosure: Comcast is the owner of NBCUniversal, parent company of CNBC and CNBC.com.
Emulating the AT&T; 3B2 Computer
- At around the same time that I was trying to understand the memory map and system components, I started to decode the ROM image so I could figure out how the 3B2 boots.
- Armed with the knowledge gleaned from the SVR3 source code and the boot ROM, I had enough to get started writing something.
- I’ve written emulators for small computers before, but this time, for a system so complex, I knew I wanted to use a framework that already existed and had a lot of support.
- When the CPU and console at least mostly working, I turned my attention to the floppy disk controller, a Western Digital 2797 compatible chip.
- I didn’t know it at the time, but it turns out that having a working hard drive controller is essential to getting UNIX to boot off of a floppy.
NASA's 'Impossible' Space Engine Tested—Here Are the Results
- Called an EmDrive, the physics-defying contraption ostensibly produces thrust simply by bouncing microwaves around inside a closed, cone-shaped cavity, no fuel required.
- Researchers could control for vibrations, thermal fluctuations, resonances, and other potential sources of thrust, but they weren’t quite able to shield the device against the effects of Earth’s own magnetic field.
- To determine what’s going on with the EmDrive, though, the group needs to enclose the device in a shield made of something called mu metals, which will insulate it against the planet’s magnetism.
- Aside from the lack of mu metal shielding, the Dresden lab’s tests were run at very low power levels, meaning that “any real signal would likely be swamped by noise from spurious sources,” he says.
Coca-Cola Amatil faces actor Will Smith in the bottled water business
- Australia's largest beverage bottler, Coca-Cola Amatil, is facing competition from an unlikely new source - a bottled water business launched by actors Will and Jaden Smith.
- JUST WATER, which was established by the Smith family in the US eight years ago and is known for its sustainable sourcing and environmentally friendly packaging, is scouring Australia for suitable sites to establish local production.
- JUST WATER chief executive, Ira Laufer, is in Australia this week speaking to major retailers including Coles and Woolworths, packaging partner Tetra Pak and checking out springwater sources with a view to replicating the US company's business model.
- While the Australian bottled water market is intensely competitive, Mr Laufer sees a gap in the market for an environmentally friendly and accessible alternative to brands such as Coca-Cola Amatil's Mount Franklin, Thankyou Water, which donates funds to safe water, hygiene and sanitation programs, and premium labels such as Icelandic Glacial and Voss.
The reporter who broke the Theranos saga wide open pinpoints the moment he knew he had a big story on his hands
- John Carreyrou knew he had a story on his hand the moment his first phone call ended with Alan Beam, a former laboratory director at Theranos.
- Carreyrou in early 2015 had just finished the story "Medicare Unmasked" for The Wall Street Journal and was looking for a new project to work on.
- Clapper's tip and a handful of second-hand sources helped confirm Carreyrou's gut feeling when he read a New Yorker profile on Theranos: Something was off.
- But Carreyrou knew that to push the story forward, he'd need to talk to someone with first-hand experience at the company.
- After one phone call, Carreyrou knew he had a great story on his hands.
- Beam told Carreyrou everything he knew about the company.
- The lack of peer-reviewed data to back up the company's scientific claims, her vague descriptions about how the Theranos technology worked and the secrecy which shrouded day-to-day operations at the company stood out to Carreyrou.
Why the offshore wind industry is about to take off
- Equipped with the capacity to generate enough electricity to power as many as 150,000 homes, the turbines located about 20 miles southwest of Martha's Vineyard would be among several big offshore wind projects that could transform the grid.
- Grid operators ensure different sources of generation, primarily coal, natural gas, nuclear and renewable energy like wind, hydropower and solar, meet demand.
- All told, utilities and state power authorities are retiring about 16% of the region's generating capacity between 2013 and 2021, including coal-fired plant and nuclear reactor closures.
- In 2010, electricity generated through offshore wind off the European coastline cost around 17 cents per kilowatt hour, more than twice what utilities were paying for power derived from burning gas and coal.
- While electricity from U.S. offshore wind farms will initially cost system operators more in the U.S. than in Europe — as is common with any breakthrough projects — we predict that prices will fall once the market gets bigger here.
GE nears deal to merge transportation unit with Wabtec, may value combined company at $20 billion, sources tell Reuters
- General Electric is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp, a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday.
- A deal that could value the combined company at more than $20 billion could be announced as early as this week, the sources said, asking not to be identified because the negotiations are confidential.
- There is always a possibility that the deal talks, which center on using a tax-efficient structure called a Reverse Morris Trust, could collapse at the last minute, the sources cautioned.
- GE and Wabtec did not immediately respond to requests for comment.
- Correction: The combined GE and Wabtec may be valued at $20 billion or more.