Aug 6, 2018

Rick Gates says he committed crimes with Paul Manafort

Paul Manafort. Photo: Elsa/Getty Images

Rick Gates admitted in court on Monday that he stole from Paul Manafort, and at Manafort's direction reported overseas income as loans to lower their taxes in addition to keeping 15 unreported foreign accounts, according to reporters in the room.

Why it matters: Paul Manafort is the first person to go on trial as a result of Special Counsel Robert Mueller's investigation into Russia's election interference and the possibility of collusion with the Trump campaign. The fraud case has been steadily building over the past week against Manafort, and Gates was the key witness.

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Ina Fried

Exclusive: Global trust in the tech industry is slipping

Illustration: Aïda Amer/Axios

The backlash against Big Tech has long flourished among pundits and policymakers, but a new survey suggests it's beginning to show up in popular opinion as well.

Driving the news: New data from Edelman out Tuesday finds that trust in tech companies is declining and that people trust cutting-edge technologies like artificial intelligence less than they do the industry overall.

Go deeper34 mins ago - Technology

Marisa Fernandez

"It was 30 years ago, get over it": Mike Bloomberg's partner brushes off NDA concerns

Diana Taylor at a Mike Bloomberg event last month. Photo: Ron Adar/Echoes Wire/Barcroft Media via Getty Images

Diana Taylor, Mike Bloomberg's longtime partner, dismissed the concerns surrounding non-disclosure agreements used at his company, Bloomberg LP, telling CBS News that she would say to those bothered by the allegations, "It was 30 years ago, get over it."

Why it matters: Democratic candidates have used the NDAs as a talking point against Bloomberg, calling on him to allow women to speak about the reported sexual harassment and gender discrimination they faced while working for him.

Go deeper48 mins ago - Politics & Policy

Dan Primack

Trump's opportunity to use Bernie as an economic scapegoat

Illustration: Aïda Amer/Axios. Photos: Zach Gibson/Stringer, The Washington Post/Getty Contributor

Bernie Sanders is poised to become an economic scapegoat for both the White House and Corporate America, assuming that Sanders comes through Super Tuesday unscathed.

The big picture: If the U.S. economy remains strong, President Trump and CEOs will claim credit (as they've been doing for three years). If it turns sour, they'll blame Bernie (even though it's a largely baseless charge).

Go deeper1 hour ago - Politics & Policy