Author and former investment banker William Cohen joins Morning Joe to discuss his new book, “Money to Burn: The Unvarnished Truth About Leon Black, Apollo, and the Rise of a New Wall Street.” It tells the story of the rise and fall of former Wall Street tycoon, Leon Black. The book details how Black’s company, Apollo Global management, unraveled due to his own poor judgement that included a friendship and business relationship with the disgraced pedophile Jeffrey Epstein and an affair with a Russian woman who he accused of extorting him after having an affair.
Billionaire Leon Black filed a lawsuit against the House Oversight Committee before failing to appear under subpoena for a deposition in the panel's Epstein probe.
Leon Black, former CEO of Apollo Global Management, refused to appear for a deposition on Thursday, instead electing to file the lawsuit. Black's lawsuit argues the subpoenas exceed the committee's authority by seeking private information.
A 2021 review commissioned by Apollo found that Black paid Epstein $158 million from 2012 to 2017, after Epstein pleaded guilty in 2008 to soliciting prostitution from a minor.
Yahoo is launching two products powered by its AI answer engine Yahoo Scout for its sports and finance verticals, CEO Jim Lanzone announced Wednesday at Axios' AI+ NY Summit. Why it matters: As more people turn to ChatGPT, Gemini and other AI assistants for information, Yahoo is betting on its trust and expertise, and building new experiences to make it more accessible. What they're saying: "Today, we're announcing two new products that are the first in what we'll call Scout as a service, which is where we're taking the Scout answer engine technology and then bringing it to every Yahoo property," Lanzone told Axios' Madison Mills onstage. - "We're not just building a technology to give great answers," he said. "Ours is very different.…
