Trump Seeks to Move Criminal Case from New York State Court to Federal Court
Former President Donald J. Trump is seeking to move his criminal case from New York State Supreme Court to federal court, according to one of his lawyers on Thursday. The move is considered a long shot and will not have any immediate effect on the state case.
Proud Boys Enrique Tarrio and 3 Others Found Guilty in Seditious Conspiracy Trial
Proud Boys leader Enrique Tarrio, 29, and three other members were found guilty on Tuesday of a 10-count indictment related to their actions during the January 6 Capitol insurrection. The charges included conspiring to oppose by force the lawful transition of power from Donald Trump to Joe Biden after the 2020 presidential election, conspiring to obstruct Congress's confirmation of the election result, and actually obstructing the joint session of Congress.
Jury Reaches Verdict in Proud Boys Seditious Conspiracy Trial
A jury has reached a verdict for at least some of the five members of the far-right Proud Boys organization who are facing charges of seditious conspiracy in connection with the Jan. 6 attack on the U.S. Capitol.
GOP Donor Harlan Crow Paid for Justice Clarence Thomas' Grandnephew's Tuition, Sparking Ethics Concerns
A recent report by ProPublica has revealed that billionaire GOP megadonor Harlan Crow paid for the private school tuition of Supreme Court Justice Clarence Thomas's grandnephew, Mark Martin. The payments were made via scholarships to elite boarding schools Hidden Lake Academy in Georgia and Randolph-Macon Academy in Virginia.
Shopify Cuts 20% Workforce, Sells Logistics Business to Flexport
Shopify's CEO Tobi Lütke announced on Thursday that the company is cutting 20% of its workforce and selling the majority of its logistics business to supply chain technology company Flexport. The e-commerce giant previously laid off 1,000 people in 2022 amid slow growth post-pandemic.
Eta Aquariid Meteor Shower Set to Dazzle Stargazers Amid Rare Lunar Eclipse
The Eta Aquariid meteor shower is set to take place as the Earth speeds towards a trail of debris left by Halley's comet. The meteor shower will peak on the evening of May 6, with up to 10 to 30 meteors being visible per hour.
Russia Accuses U.S. of Orchestrating Alleged Drone Attack on Kremlin
Russian President Vladimir Putin's spokesman Dmitry Peskov has accused the U.S. of being responsible for the alleged drone attack that briefly set the roof of the Kremlin on fire. Moscow has already blamed Ukraine for the strike and dubiously painted the incident as an assassination attempt on Putin.
Rep. David Trone Announces Candidacy for Maryland Senate in 2024
Democratic Rep. David Trone (D-Md) has announced his candidacy to replace retiring Sen. Ben Cardin in the 2024 Democratic primary. Trone, a three-term House member and co-founder of Total Wine & More, has a personal fortune and electoral record that could make him a serious contender for the seat.
First Horizon Stock Plummets as $13.4 Billion Acquisition by TD Bank Collapses
First Horizon stock slumped more than 40% in premarket trading Thursday after its planned $13.4 billion acquisition by TD Bank was called off. The banks said they had agreed to scrap the deal because TD was unsure when and if it would get regulatory approval.
Microsoft Unveils Major Upgrade to Bing Chatbot, Competes with Google's I/O Conference
On this week's episode of Idea Generation, renowned record producer Just Blaze explains how he built one of the most impressive resumes in music. He was a math prodigy in Paterson, New Jersey and helped shape the sound of Roc-A-Fella records.
Royal Dutch Shell Reports Q1 Profits of $9.65 Billion, Beats Forecasts
Royal Dutch Shell (SHEL.L) reported a net profit of $9.65 billion in the first three months of 2023, slightly down from the previous quarter as energy prices cooled but still beating forecasts. The company's better-than-expected adjusted earnings topped its previous record for first-quarter profits set last year at $9.1 billion and were well above the $7.96 billion predicted by industry analysts.
Local Election Polls Open in Cambridgeshire and Across England
Local election polls have opened in Cambridgeshire, with seats on four authorities up for grabs. On Thursday, more than 8,000 seats will be contested at 230 councils across England.
Local Elections Open Across England Amid Uncertain Outcomes
Local elections across England have opened, with Chancellor Rishi Sunak and Labour leader Keir Starmer hoping to win seats for both their respective parties. However, the results are seen as difficult to predict and likely to be mixed enough for all parties to claim at least some success.
ArcelorMittal Reports Higher Than Expected Q1 Earnings Amid Market Improvements
ArcelorMittal, the world's second largest steelmaker, announced on Thursday that its first-quarter core profit (EBITDA) reached $1.82 billion. While this figure is lower than last year's $5.08 billion, it surpasses the average forecast in a company poll.
US Treasury Yields Set to Fall as Recession Fears Grow
US Treasury yields are predicted to fall to 2% as concerns about a possible recession in the world's largest economy grow. Analysts have forecasted that benchmark 10-year yields could drop as low as 2% by early next year if the US experiences a more severe economic downturn than anticipated.
PacWest Bancorp Explores Strategic Options Amid Banking Sector Distress
PacWest Bancorp, a key player in the US regional banking landscape, is reportedly examining various strategic options, including selling its business. This news led to a 52.5% drop in the bank's share price to $3.05 per share during after-hours trading on Wednesday.
Florida Legislature Passes Controversial Bathroom Bill Affecting Transgender Individuals
The Florida state legislature has passed a contentious bill, titled the Safety in Private Spaces Act, that makes it a trespassing misdemeanor for individuals over 18 to use certain bathrooms that do not align with the sex assigned at birth. The bill specifically affects bathrooms and changing rooms in state and local government buildings, schools, colleges, and detention centers.
Western Alliance Bancorp Reports Stable Deposits Amid Regional Lender Turmoil
Western Alliance Bancorp announced on Wednesday that it had not experienced any unusual deposit outflows following the recent sale of collapsed lender First Republic Bank to JPMorgan Chase & Co. The news sent shares of several regional lenders tumbling in after-market trading, with PacWest seeing a 52% plunge and Western Alliance experiencing a 23% decline.
End of Bank Failures Announced by Federal Reserve Chair Jerome Powell
Federal Reserve Chair Jerome Powell announced Wednesday that the period of bank failures that have rattled markets and the economy has come to an end. Despite this announcement, shares in several banks continued to struggle, with PacWest down 56%, Western Alliance Bank down 30%, Metropolitan Bank down 20%.
Kossman Development Launches New Rezzanine Esports in Local Cineplex
In a groundbreaking move, Kossman Development has announced the launch of their newest venture, Rezzanine Esports. The innovative esports entertainment hub will be housed within the mezzanine space at a local cineplex, providing a new and immersive gaming experience for avid esports enthusiasts.
WHO Dismisses Senior Scientist Peter Ben Embarek Over Sexual Misconduct Allegations
The World Health Organization (WHO) announced the dismissal of Peter Ben Embarek, a Danish scientist who played a significant role in determining that the COVID-19 lab-leak theory was 'unlikely.' The decision comes following accusations and an investigation into allegations of sexual misconduct against him. Previously, Ben Embarek had been influential in concluding that bats were the most likely initial hosts for the virus, eventually leading to a pandemic in humans.
WMO Predicts El Niño Shift by Fall, Potentially Exacerbating Climate Change Impacts
The World Meteorological Organization (WMO) has predicted a shift toward El Niño patterns by this fall, which could bring more extreme weather events in the U.S. and other parts of the world. Forecasters expect the temporary El Niño pattern to alter rainfall patterns, elevate average air temperatures, and contribute to more intense storm systems.
Legal Expert Investigates Security Footage from Trump's Mar-a-Lago Resort
Jack Smith, a legal expert and special counsel, has recently focused his investigation on the handling of security footage from former President Donald Trump's Mar-a-Lago resort. This is part of a broader criminal probe into troves of highly classified documents that were discovered being stored illegally on the premises.
Sen. Sherrod Brown Supports HUD Nominee Solomon Greene, Who Calls for Defunding Law Enforcement Agencies
Sen. Sherrod Brown (D-OH) has voiced his support for the nomination of Solomon Greene as a Housing and Urban Development (HUD) appointee, despite Greene's controversial stance on defunding law enforcement agencies. In a mid-April nomination hearing, Brown praised Greene's record and qualifications, commending his "breadth of experience and knowledge."
Tucker Carlson's Career and Trial: A Comprehensive Look
Fox News and conservative news channel Newsmax have been following the career of Tucker Carlson, who has built one of the most successful - and controversial - shows in cable news history. After his dismissal from CNN, Carlson went on to become a prominent commentator at Fox News before being fired shortly after Fox News agreed to settle a defamation lawsuit over election misinformation.
Davis Businesses Stand United Amidst Ongoing Killer Hunt
Businesses across Davis are closing their doors early in a show of solidarity as the search for the elusive killer, or possibly multiple killers, continues. The decision to close early comes as local businesses and community members unite against the ongoing threat.
Fourteen Protesters Arrested at Florida Governor's Office Sit-In
Fourteen protesters were arrested on Wednesday after staging a sit-in outside the office of Florida Gov. Ron DeSantis to protest new conservative laws in the state. The protest was organized by Dream Defenders, an activist group established after the 2012 killing of 17-year-old Trayvon Martin in Sanford, Fla.
Falls Building's Conversion to Now Cost $79M; Owners Apply for PILOT
New York-based development firm Left Lane has recently filed a request for a 12-year payment-in-lieu-of-taxes (PILOT) program to help fund the company's ambitious $79 million conversion of Downtown Memphis' historic Falls Building. The project, which aims at revitalizing the iconic structure and its surroundings, now faces an increased budget due to unforeseen challenges.
AI Inevitable in Film and TV Writing, Executives Say Amid Hollywood Writers Strike
Executives from Paramount Global, Fox Corp., and other entertainment companies have stated that it is unavoidable for films and television shows to be written using artificial intelligence (AI) in the near future. This assertion comes amidst the ongoing Hollywood writers strike that has triggered nationwide protests, halted productions this week, and could potentially result in a months-long standoff.
Trump May Skip Early 2024 GOP Primary Debates, Rivals Seize Opportunity
Donald Trump is likely to skip one or both of the first two 2024 Republican primary debates, which begin in August, due to his polling lead and a history of skipping debates. However, some of Trump's 2024 primary opponents and rivals are seizing on another attack line, claiming that duking it out with other candidates would only legitimize them.
Defense Attorneys Challenge Maryland Judge's Decisions Amid Job Discussion Allegations
Defense attorneys in Maryland are challenging several decisions made by a judge who they claim violated rules requiring judges to act impartially and maintain public confidence. According to the attorneys, the judge should have disclosed job discussions and possibly recused himself from certain criminal matters.
Rasmussen Poll Shows Trump Leading Biden in Hypothetical Election Match-Up
A recent Rasmussen poll has revealed that former President Donald Trump leads President Joe Biden by seven points in a hypothetical general election match-up, with 48 percent of likely voters preferring Trump. The poll also found that Trump's net favorability rating registers at plus 20 points, while Biden's is seven points underwater.
Minnesota Legislators Propose Over $100 Million for Communities Affected by Unrest
Minnesota legislators are currently considering a proposal to allocate more than $100 million to communities affected by unrest. The House version of the proposal offers $126 million in grants and loans, while the Senate's Promise Act takes a more expansive approach, aiming to address broader economic challenges across the state.
Bear Makes Home in Santa Monica Mountains, First Time in Decades
The National Park Service (NPS) has confirmed that a black bear, nicknamed BB-12, has taken up residence in the Santa Monica Mountains for the first time in 20 years. The young bear was captured and collared on April 23 and is estimated to be around 3-4 years old.
North Carolina House Cancels Vote on Concealed Handgun Permit Requirement
The North Carolina House of Representatives has cancelled a House floor vote that would have ended the requirement for individuals seeking to carry a concealed handgun to obtain a permit from their local sheriff. The proposal, which had been backed by gun-rights groups but opposed by gun control advocates and the North Carolina Sheriffs' Association, is now in limbo as Senate leader Phil Berger stated he is unsure there is a need to address additional Second Amendment issues at this time.