Wednesday, May 17, 2023

Supreme Court Refuses to Block Illinois Laws Banning High-Powered Guns

Supreme Court Refuses to Block Illinois Laws Banning High-Powered Guns

The Supreme Court on Wednesday declined to block two Illinois laws prohibiting the sale of high-powered guns and high-capacity magazines while challenges to them move forward. The justices struck down a New York gun control law last year, announcing a new test to evaluate the constitutionality of such measures.

President Biden to Address G-7 Summit Amid US Debt Ceiling Crisis

President Biden to Address G-7 Summit Amid US Debt Ceiling Crisis

President Biden is set to maintain unity among allies supporting Ukraine and countering China's economic influence at the upcoming G-7 summit in Hiroshima, Japan. The meeting comes as the threat of default in the United States complicates his international travel plans.

Just Stop Oil Protesters Interrupt Parliamentary Committee Hearing on Coronation Crackdown

Just Stop Oil Protesters Interrupt Parliamentary Committee Hearing on Coronation Crackdown

In a surprising turn of events, environmental activists from Just Stop Oil disrupted a parliamentary committee hearing today. The Home Affairs Committee was questioning senior officers, including Metropolitan Police Temporary Assistant Commissioner Matt Twist, over the decision to preemptively detain dozens of anti-monarchy demonstrators during King Charles III's coronation.

Tencent Holdings Ltd. Reports Rapid Revenue Growth in Q1

Tencent Holdings Ltd. Reports Rapid Revenue Growth in Q1

Tencent Holdings Ltd., the world's largest online gaming and content company, experienced a significant increase in revenue during the first quarter of 2021, marking its fastest growth rate in over a year. The Hong Kong-listed internet giant reported a 10% rise in first-quarter net profit to CNY25.84 billion ($3.70 billion), up from CNY23.41 billion during the same period last year.

Commerzbank Reports Better-Than-Expected Quarterly Profit Amid Major Overhaul

Commerzbank Reports Better-Than-Expected Quarterly Profit Amid Major Overhaul

Commerzbank (CBKG) has reported a better-than-expected quarterly profit of 580 million euros ($638.46 million) in the first quarter, mainly due to higher interest rates. The bank is currently undergoing a significant transformation, cutting thousands of workers and hundreds of branches to save on costs and increase profits.

Quad Summit in Sydney Canceled After President Biden Pulls Out

Quad Summit in Sydney Canceled After President Biden Pulls Out

A summit of Quad leaders from the United States, India, Australia, and Japan scheduled to take place in Sydney has been canceled after US President Joe Biden pulled out of his visit. Australian Prime Minister Anthony Albanese said that talks could still proceed as leaders plan to meet during their visit to Japan.

Elizabeth Holmes Ordered to Begin Prison Sentence During Appeal Process

Elizabeth Holmes Ordered to Begin Prison Sentence During Appeal Process

An appeals court in San Francisco has ruled that Elizabeth Holmes must begin serving her prison sentence while she appeals her conviction on charges of defrauding investors in the failed blood-testing startup. Holmes was convicted at trial last year and sentenced to 11 years and three months in prison.

Florida Democrats Secure Historic Win in Jacksonville Mayoral Race

Florida Democrats Secure Historic Win in Jacksonville Mayoral Race

Florida Democrats celebrated a significant victory on Tuesday night, as Democrat Donna Deegan won the Jacksonville mayoral race against Republican Daniel Davis. The historic win marks the first time a woman has been elected mayor of Jacksonville and serves as a major morale boost for the Democratic party within the state.

House Democrat Seeks Ethics Committee Resolution to Expel Rep. George Santos

House Democrat Seeks Ethics Committee Resolution to Expel Rep. George Santos

House Democrat Kevin McCarthy has introduced a resolution to the House Ethics Committee, which would require a majority of the House to approve a resolution that expels Rep. George Santos from the House of Representatives. The resolution states that Santos should be expelled from Congress after he was charged with seven counts of wire fraud, three counts of money laundering, one count of theft of public funds, and two counts of making materially false statements.

Kentucky Attorney General Daniel Cameron Wins GOP Gubernatorial Primary

Kentucky Attorney General Daniel Cameron Wins GOP Gubernatorial Primary

On Tuesday, voters in the commonwealths of Kentucky and Pennsylvania went to the polls to select their nominees for certain political offices, including for governor in Kentucky. Daniel Cameron, who currently serves as the attorney general in Kentucky, beat out four other candidates to win the nomination.

House Democrat Introduces Resolution to Expel Rep. George Santos

House Democrat Introduces Resolution to Expel Rep. George Santos

A resolution to expel freshman Long Island and Queens Congressman, Rep. George Santos, has been introduced by a House Democrat after Santos was arraigned on federal charges of embezzling campaign funds and lying about his finances. The measure is privileged, meaning it may take precedence over ordinary House business and must be voted on within two days of its introduction.

Donna Deegan Breaks Barriers as First Female Mayor of Jacksonville

Donna Deegan Breaks Barriers as First Female Mayor of Jacksonville

In a historic turn of events, former TV news anchor and founder of the DONNA Foundation, Donna Deegan has become the first woman ever and just the second Democrat in three decades to win a Jacksonville mayor's race. With an impressive fundraising campaign that raised $8.4 million by the end of April, Deegan managed to upset Republican business leader Ron DeSantis.