Juice WRLD, Who Rapped About Drug Abuse, Died of Accidental Overdose, Autopsy Shows

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Efforts to Denuclearize North Korea Will Continue Despite Hard-Line Minister, U.S. Says

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Hollywood Women Push Directors Guild for Better Parental Benefits

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Equifax Breach: 147 Million Affected, but Most Sit Out Settlement

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Twitter Tells Facial Recognition Trailblazer to Stop Using Site’s Photos

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Stuck In the Senate as Their 2020 Rivals Have Iowa to Themselves

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How Jeff Bezos’ iPhone X Was Hacked

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Trump Was Defending Record at Davos, Says Blackstone CEO Schwarzman

(Bloomberg) -- Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.Blackstone Group Inc. chief executive officer Steve Schwarzman said Donald Trump was seeking to defend his economic record in Davos as the U.S. president faces the start of his impeachment trial.“Here’s somebody who is having the impeachment process start with a trial today,” Schwarzman said in an interview with Bloomberg Television on Tuesday at the Swiss resort. “This was a speech to basically say ‘I think we need some perspective and let’s look at what’s happened under this administration. That is not just for domestic consumption, it’s meant to be heard in the broader context.” The president spent most of his keynote speech at the World Economic Forum lauding the success of the U.S. economy, saying the nation was witnessing “an economic boom the likes of which the world has never seen before.” He said the benefits were widespread and creating a “geyser of opportunity.”The billionaire co-founder of New York-based private equity firm Blackstone has previously advised Trump and was present in the White House when he announced the first part of the China-U.S. trade deal. Trump’s impeachment trial formally opens in the Senate on Tuesday.Schwarzman, 72, spoke on the sidelines of Davos where he was one of at least 119 billionaires in attendance at the annual conference in the Swiss mountains.Blackstone has more than $550 billion in assets under management and is expanding into almost all areas of finance. The firm’s growth in recent years, along with other major PE firms, has been dramatic as the industry pushed into areas that banks pulled back from in the wake of the global financial crisis.Asked if a decade-long bull market was nearing an end, Schwarzman was optimistic: “This has been an amazing run. Usually you expect some kind of adjustment,” he said. As long as U.S. politics is stable and “we avoid the kinds of major international geopolitical risks, I think we will go on with variability up and down over today’s levels.”The firm was recently the target of Democratic 2020 presidential candidate Elizabeth Warren‘s ire, who has singled out Wall Street companies and investors she says contribute to inequality. In November, she assailed Blackstone for going on a “shopping spree” in the wake of the 2008 crisis and buying apartments and single-family homes that had been foreclosed. She also took aim at Colony Capital Inc. and Cerberus Capital Management.(Updates with comment on markets in 7th paragraph)\--With assistance from Heather Perlberg, Francine Lacqua and Tom Keene.To contact the reporter on this story: Benjamin Robertson in london at brobertson29@bloomberg.netTo contact the editors responsible for this story: Shelley Robinson at ssmith118@bloomberg.net, Chris BourkeFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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Police: Mom accused of killing her 3 kids said she smothered them while singing

A probable cause document doesn’t provide a possible motive for the brutal killings that Rachel Henry is charged with.

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'Sealed off': China isolates city of virus outbreak

The Chinese city at the heart of a deadly virus outbreak is under effective quarantine, with outward flights and trains suspended, subways halted and large public events cancelled as doctors in full-body protective suits treat patients. The coronavirus has spread across China and beyond, with 17 people killed and more than 500 infected in an outbreak that started in Wuhan -- a central city of 11 million people described by state media as "the main battlefield" against the disease. Most cases are in Wuhan, a major transport hub with a seafood market that has been identified as the epicentre of the epidemic.

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Hurricane Rudy Strikes Back: Giuliani Hints At Tapes Exposing Parnas 'Lies'

Will the potential Trump impeachment witness hit back?

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Schiff mauls Cipollone on impeachment trial's first day

President Trump’s lawyers were caught off-guard as the lead House impeachment manager, Rep. Adam Schiff, launched into a passionate and comprehensive set of arguments about why the House impeached Trump.

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New charge filed against Michigan lawmaker who reportedly said boys could 'have a lot of fun' with reporter

The sexual harassment allegation, filed by a Michigan state senator, comes as Peter Lucido faces investigation over remarks to a reporter.

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Halkbank Hit With U.S. Demand for Millions in Contempt Fines

(Bloomberg) -- Turkey’s Halkbank should pay millions of dollars in fines for its continued failure to respond to U.S. sanctions-evasions charges, federal prosecutors in New York said.In a court filing Tuesday, the government asked a federal judge to impose a daily $1 million fine that would double each week the bank refuses to appear in the case.Prosecutors charged the bank in October with aiding a yearslong scheme to help Iran evade U.S. economic sanctions and access $20 billion in frozen oil revenue. Since then, the bank has refused to accept service of the indictment or answer the case, leading prosecutors to deem it a fugitive from justice.The U.S. pursuit of Halkbank, which is owned by the Turkish government, has been a sore point in relations between the two countries. Manhattan federal prosecutors previously won the conviction of a senior Halkbank executive in a case Turkish President Recep Erdogan likened to an “international coup attempt.”Read More: Halkbank Threatened with U.S. Contempt in Iran Sanctions Case“Halkbank has consistently sought to avoid responsibility for its role in a massive sanctions-evasion and money-laundering scheme that gave the Government of Iran access to billions of dollars’ worth of restricted oil proceeds,” the U.S. said in Tuesday’s filing.The U.S. argued that Halkbank improperly ignored an initial summons, “intentionally frustrated” efforts to serve the summons and indictment, attacked the charges in the press and failed to show up for a required court appearance.Andrew Hruska, a U.S. lawyer for Halkbank, didn’t immediately return a phone message seeking comment on the sanctions request.A judge in December denied Halkbank’s request that it be allowed to make a “special appearance” to argue for the charges’ dismissal without submitting itself to the court’s jurisdiction. U.S. District Judge Richard Berman denied the request, leaving Halkbank with a choice between answering the charges and defending against them or not participating in the case in any way.While Halkbank does almost no business in the U.S., it has some ties to the nation’s financial system, which the government could limit or sever.In its initial filing, the U.S. provided conflicting statements about the amount of the proposed fine. In one section the daily $1 million fine was said to double at the end of each week the bank fails to comply. In another section the government said the fine would double every day. In a corrected filing, prosecutors made clear the fine should double only each week.The case is U.S. v. Halkbank, 15-cr-867, U.S. District Court, Southern District of New York (Manhattan).(Updates with amount of requested fine)To contact the reporter on this story: Bob Van Voris in federal court in Manhattan at rvanvoris@bloomberg.netTo contact the editors responsible for this story: David Glovin at dglovin@bloomberg.net, Joe Schneider, Steve StrothFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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Taiwan calls on China to share 'correct' virus information

Taiwan President Tsai Ing-wen called on China on Wednesday to share "correct" information about a new coronavirus and for the World Health Organisation (WHO) not to exclude Taiwan from collaboration on the outbreak for political reasons. Authorities have confirmed more than 400 cases of the virus in China, most of them in the central city of Wuhan where the virus first appeared at the end of 2019. The virus, which health officials have said can be passed from person to person, has spread to cities including Beijing and Shanghai, with cases have been confirmed in Thailand, South Korea, Japan, as well as Taiwan.

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Why No GOP Senator Will Stand Up to Trump

Barry Goldwater had the power to tell Nixon it was all over. But don’t expect a repeat this time.

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Iran acknowledges Russian-made missiles targeted Ukraine jet

Iran acknowledged on Tuesday that its armed forces fired two Russian anti-aircraft missiles at a Ukrainian jetliner that crashed after taking off from Tehran's main airport earlier this month, killing all 176 people on board. For days after the Jan. 8 shootdown, Iran denied that it fired missiles at the plane, initially blaming a technical malfunction and engine fire for the crash.

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Bernie Sanders surges into first in CNN national poll; Joe Biden maintains lead in another

Sen. Bernie Sanders surged into first place in a new CNN poll, the first time a CNN poll did not find Joe Biden alone at the top since the race began.

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Honda is recalling 2.7 million older U.S. vehicles for potentially defective airbag inflators

Nearly 3 million Honda and Acura vehicles are included in this new airbag-inflator recall, which spans the 1996 through 2003 model years.

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Cathay says cabin crew can wear masks on mainland China flights due to virus

Hong Kong's Cathay Pacific Airways Ltd will allow cabin crew to wear a surgical mask while operating mainland China flights due to concerns over a new coronavirus, and passengers to Wuhan to change or cancel flights without charge through Feb. 15. The airline's flight attendant had on Tuesday called for permission to wear masks on all flights globally as cases have also been confirmed in the United States, Thailand, South Korea, Japan and Taiwan. The coronavirus outbreak, which began in the central Chinese city of Wuhan, struck as millions of Chinese prepared to travel for the Lunar New Year, heightening contagion risks.

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On the menu at China virus market: rats and live wolf pups

The food market where China's deadly virus surfaced was a smorgasbord of exotic wildlife ranging from wolf pups to species linked to previous pandemics such as civets, according to vendor information and a Chinese media report. The Huanan Seafood Market in the central city of Wuhan came under greater scrutiny on Wednesday as Chinese officials said that the virus which has so far killed nine people and infected hundreds may have originated in a wild animal sold at the food emporium. Past deadly epidemics have been blamed on wild animals -- Severe Acute Respiratory Syndrome (SARS) was linked to Chinese consumption of civet meat -- setting Chinese authorities up for potential embarrassment if lax supervision of wildlife trafficking is found at fault in the latest outbreak.

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French Senate approves bill allowing IVF for single women, lesbians

France's Senate voted on Wednesday in favor of a bill that would allow single women and lesbian couples access to in-vitro fertilization (IVF), the first major social reform of President Emmanuel Macron's term.

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China fails to repatriate North Korea workers despite U.N. sanctions: U.S. official

China has failed to send home North Korean workers by a December deadline in violation of United Nations sanctions, a senior U.S. official said on Wednesday, adding that this was why Washington blacklisted two entities involved in Pyongyang’s labor export. 

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