$148 million damages verdict adds to Rudy Giuliani's financial woes as he awaits his criminal trial
Read full article: $148 million damages verdict adds to Rudy Giuliani's financial woes as he awaits his criminal trialThe stunning $148 million judgment against Rudy Giuliani over his lies about two Georgia election workers marks a new low point for the man once lauded as “America’s mayor."
Some Capitol riot suspects apologize as consequences sink in
Read full article: Some Capitol riot suspects apologize as consequences sink inA month later, he wrote an apology from jail, asking for understanding as he was coming to grips with his actions. Confronted with compelling video and photographic evidence in court, dozens of rioters have apologized and expressed regret as the consequences of their actions have started to sink in. Ad“This is going to have consequences for these people for the rest of their lives — and it should,” said John Flannery, a former federal prosecutor and Capitol Hill lawyer. He later went to the trouble of putting a finger emoji on the photo pointing to a fuzzy image of someone by the tunnel. “We are good people who care deeply about our country,” Chansley wrote.
GE, AerCap join air leasing businesses in $30 billion deal
Read full article: GE, AerCap join air leasing businesses in $30 billion dealFILE - In this June 26, 2018, file photo the General Electric logo appears above a trading post on the floor of the New York Stock Exchange. By pushing GE Capital Aviation Services, or GCAS, into a separate business, GE is essentially closing the books on GE Capital, the financial wing of of General Electric that nearly sank the entire company during the 2008 financial crisis. AerCap will pay about $24 billion in cash for GCAS, and GE will take an approximately 46% ownership stake in the combined company, and $1 billion paid in AerCap notes or cash at closing. AdThe global pandemic sent shockwaves through the entire air travel industry, and the deal announced Wednesday could have extensive ramifications. With the new company formed with GCAS, the largest remaining operation in GE Capital, General Electric has largely excised what many industry analysts viewed as a risk.