Fox and Dominion Settle Defamation Lawsuit Over 2020 Election Claims
Fox News and Dominion Voting Systems have reached a settlement in the high-profile defamation lawsuit, bringing an end to the dispute over allegations that the network knowingly broadcast false claims about Dominion's involvement in a plot to steal the 2020 US presidential election. The $1.6 billion settlement comes after a jury was sworn in on Tuesday morning and following an unexpected delay to the start of opening statements.
Netflix to End DVD-by-Mail Service After 25 Years, Shifts Focus to Streaming and Expanding Content
Netflix Inc. is shutting down its original business of delivering DVDs by mail, ending a 25-year-long service that revolutionized at-home TV viewing. The company will send out its final DVDs on September 29th as it shifts focus towards streaming services and diversifying its library with mobile games, live programming, and more local language content like Korean dramas.
2023 Healthiest Employers: Winners Announced in Phoenix
Phoenix Business Journal has announced the winners of the 2023 Healthiest Employers Awards for various categories. The awards recognize businesses that demonstrate exceptional commitment to employee health and wellness.
Toddler Becomes Tiniest White House Intruder After Squeezing Through Fence
On Tuesday, a small toddler achieved the title of one of the tiniest White House intruders after successfully squeezing through the metal fencing on the north side of the executive mansion. U.S.
2023 Enterprising Women: Celebrating Five Exceptional Louisville Businesswomen
Louisville's business landscape continues to thrive, thanks in part to the outstanding achievements of enterprising women like Briana Lathon Bluford, Leyla Touma Dailey, Kerri Richardson, Rebecca Wood, and Maureen Brekka. As we look forward into 2023, it is essential to acknowledge these exceptional business leaders for their hard work and dedication.
2023 Enterprising Women: Celebrating Louisville's Female Business Leaders
Louisville, Kentucky is home to a thriving community of female entrepreneurs and business leaders who are breaking barriers and contributing significantly to the local economy. From Jody Offutt to Shelley Neal Shaughnessy, Rita Brasler, Kellie Stallard Watson, and Tiffany Broyles Yost – these enterprising women have made their mark in various industries.
Southwest Airlines Grounds Flights Nationwide Due to Computer Glitch
Southwest Airlines, the majority airline in Milwaukee, temporarily grounded all flights on Tuesday due to a computer glitch that resulted in lost operational data. The airline attributed the problem to "data connection issues resulting from a firewall failure." As a result, more than 1,200 flights were delayed and several were canceled while the company worked tirelessly to resolve the issue.
Bank of America Reports 15% Increase in Net Income Despite Drop in Deposits
Bank of America (BAC) has announced a significant increase in its net income and revenue for the first quarter of 2022, despite experiencing a $20 billion drop in deposits. The company's net interest income rose by an impressive 25%, with its net interest expense also increasing by $12.8 billion from last year to reach $14.2 billion.
Dominion Voting Systems' Defamation Lawsuit Against Fox News Heads to Trial
A major defamation lawsuit against Fox News goes to trial Tuesday, revealing the potential to shed additional light on former President Donald Trump's election lies. Dominion Voting Systems is suing Fox for $1.6 billion, claiming the news outlet repeatedly aired allegations that the company's voting machines were rigged to doom Trump’s 2020 reelection campaign while knowing they were untrue.
President Biden Signs Executive Order to Improve Child Care and Long-Term Care Systems
President Joe Biden signed an executive order on Tuesday directing federal agencies to find ways to make child care cheaper and more accessible. The order includes more than 50 directives aimed at nearly every agency, making it the most sweeping effort by any president to streamline the delivery of child care.
Bakkt Holdings, Inc. and SNDL Inc.: A Comparative Analysis of Price-to-Sales Ratios in the Capital Markets Industry
In today's fast-paced financial markets, investors are always on the lookout for promising opportunities that offer strong earnings growth and low price-to-earnings (P/E) ratios. Two such companies that have caught the attention of market analysts are Bakkt Holdings, Inc. (NYSE:BKKT) and SNDL Inc. (NASDAQ:SNDL), both operating within the capital markets industry in the United States.
Dominion Voting Systems and Fox News Set for High-Stakes Defamation Trial
Dominion Voting Systems is set to begin a high-stakes defamation trial against Fox News on Tuesday, with the start of jury selection and opening statements postponed until then. The trial will focus on whether Fox News defamed the company when it broadcast claims that the electronic voting company helped orchestrate a campaign to rig the election against Trump.
Universal Music Group Removes AI-Generated Drake and The Weeknd Song from Streaming Services
Universal Music Group (UMG) has removed an AI-generated song featuring the artificial voices of popular artists Drake and The Weeknd, titled "Heart on My Sleeve," from streaming services due to copyright infringement. Before its removal, the song had been streamed 629,439 times on Spotify alone, earning approximately $1,888 (£1,500) at the platform's lowest royalty rate.
Supreme Court to Hear Former Postal Worker's Religious Accommodation Case
The Supreme Court is set to hear arguments in a major case on a former postal worker's claims that he was denied religious accommodations when he was told to work on Sundays. Gerald Groff, whose career as a U.S.
Iran's President Ebrahim Raisi Threatens Israel During Army Day Parade
Iranian President Ebrahim Raisi made threats against Israel during the country's annual Army Day parade. The event celebrates Iran's regular military forces and not its paramilitary Revolutionary Guard, which operates across the Middle East and supports Iranian-allied militia groups like Lebanon’s Hezbollah.
EasyJet Boosts Profit Outlook as Summer Bookings Surge and Passenger Numbers Rebound
EasyJet has lifted its profit outlook for this year after summer bookings surged and passenger numbers over Easter returned to pre-pandemic levels. The budget airline has ramped up capacity by 40% from January to March, and expects to be back at about pre-pandemic levels in the summer.
Putin Visits Military Headquarters in Occupied Eastern Ukraine
Russian President Vladimir Putin made a rare visit to the military headquarters in the eastern regions of Ukraine, which are partly occupied by Russia. During his trip, he attended a military command meeting in the southern Kherson region and heard reports from commanders of the airborne forces and the “Dnieper” army group as well as other senior officers.
Apple Opens First Company-Owned Store in India, Signaling Market Importance
Apple Inc. has opened its first company-owned store in India on Tuesday, highlighting the significance of the Indian market to the tech giant's future. Located in Mumbai, one of the country's most populous cities, Apple BKC is set to be followed by another store opening on Thursday.
US Probe Concludes COVID-19 Pandemic Likely Caused by Unintentional Leak from Wuhan Lab
A recent report from a US probe has concluded that the COVID-19 pandemic was likely started by an unintentional leak from the Wuhan Institute of Virology, a Chinese institution. The 302-page Senate report obtained by Axios highlights previous failures and challenges in determining the cause of the virus, mentioning it escaped from the lab due to lack of cooperation from China.
U.S. Secretary of State Condemns Incident in Sudan as "Reckless" and "Irresponsible"
U.S. Secretary of State Antony Blinken has called the incident in Sudan "reckless" and "irresponsible" as it continues to erupt in violence between rival forces. The G-7 foreign ministers have condemned the fighting and called for an immediate 24-hour ceasefire as a step toward a longer truce.
American Journalist Evan Gershkovich Detained on Espionage Charges in Russia
Evan Gershkovich, a Wall Street Journal reporter and American citizen, appeared in a Moscow court on Tuesday to appeal his detention on spying charges. He is the first American journalist to be detained in Russia since the Cold War, and his arrest has sparked outrage in the West.
Leaked Recording Exposes McCurtain County Officials Discussing Murder of Journalists
A recently leaked recording of a conversation between the local sheriff and several McCurtain County commissioners has exposed their discussion on hiring hitmen to murder local newspaper reporters. In the recording, the sheriff is heard threatening to kill them if they decided to follow through with that plan.
President Biden Speaks with Teen Shot in Kansas City Doorbell Incident
On Monday, President Joe Biden spoke to Ralph Yarl, a 16-year-old Black teen who was shot after mistakenly ringing the wrong doorbell in Kansas City. The incident has sparked anger and protests within the Black community, leading civil rights activists to demand justice.
Elon Musk Warns of AI Dangers and Announces New Firm to Challenge ChatGPT
On Monday, Tesla CEO Elon Musk warned viewers of the dangers of artificial intelligence during an interview with Fox News host Tucker Carlson. He announced that he would create his own AI platform that would try to understand the nature of the universe while addressing its potential risks to humanity.
China's Economy Surpasses Expectations in Q1 2023, Signaling Robust Recovery
China's economic growth in the first quarter of 2023 exceeded market expectations as Beijing implemented extensive recovery measures. Data released on Tuesday revealed that China's economy accelerated during the first three months of the year, indicating a strong rebound from three years of strict pandemic policies that had constrained the world's second-largest economy.
Elon Musk Expresses Regret Over Twitter Purchase Amid Financial Struggles
Twitter owner Elon Musk has called his purchase of the company a poor financial decision, saying his "timing was terrible" for buying the company. In recent statements, Musk has sent mixed signals about Twitter's financial health, including predicting that it could become the most valuable company in the world and publicly telling staff the company was on a path to bankruptcy without a significant increase in subscription-based revenue.
Living Cities Grant to Establish Orange Mound Community Land Trust
The City of Memphis Division of Housing and Community Development has announced that it has received a grant of $550,000 from Living Cities, an organization dedicated to improving urban communities around the United States. The funds will be used to establish a community land trust in the historic Orange Mound neighborhood.
Alpha Capital Group Acquires Intellectual Property of Traders Central Fund Corp
In a strategic move to expand its market presence and enhance its range of services, Alpha Capital Group (ACG) has announced the acquisition of the intellectual property (IP) rights of Traders Central Fund Corp (TCF). With this acquisition, ACG aims to solidify its position as a leading financial services provider while also benefiting from TCF's established reputation in various countries.
CSI Compressco LP Announces Q1 2023 Cash Distribution and Conference Call Details
CSI Compressco LP (CCLP) has declared a cash distribution for the quarter ended March 31, 2023. The board of directors of its general partner announced that $0.01 per outstanding common unit will be paid to all common unitholders of record as of the close of business on April 30th.
Hong Kong SMEs Increasingly Digitalized, Yet Less Aware of Cyber Threats, QBE Survey Reveals
A new survey conducted by QBE Hong Kong has shown that small-sized enterprises (SMEs) in Hong Kong are becoming increasingly digitalized and less aware of cyber threats. The study revealed a drop in cyber risk awareness from 43% in 2021 to just 36%.
Slimetastic Kids Play Lab in Cordova Expands to a Bigger Space
Cordova, TN - The popular children's play center, Slimetastic Kids Play Lab, known for its fun and engaging slime-based activities, has announced plans to move into a larger space close to the bustling Cordova International Farmer's Market. This move comes as a response to the gym next door expanding into their current location.
McCombs and McGill Return to Cushman & Wakefield After Brief Stint Elsewhere
In a surprising turn of events, real estate professionals John McCombs and Sarah McGill have returned to Cushman & Wakefield after leaving the company just last summer. The local office of the national firm has managed to recruit these strong performers back into its ranks, following their brief stint at the region's largest competitor.
Senate Republicans Reject Temporarily Replacing Sen. Dianne Feinstein on Judiciary Committee
Senate Republican leadership and rank-and-file Republicans have rejected the idea of temporarily replacing Sen. Dianne Feinstein (D-CA) on the Judiciary Committee, a move that could hinder Democrats' efforts to advance their judicial nominees out of the committee. Without Feinstein, Democrats cannot push forward with their nominations unless at least ten Senate Republicans agree to replace her with another Democrat on the panel.
Oklahoma Gov. Calls for Resignation of Officials Caught Discussing Lynching and Killing Journalists
Oklahoma Governor Kevin Stitt has called for the resignation of a group of county officials who were alleged to have been caught on tape discussing lynching Black people and killing journalists. Bruce Willingham, the publisher of the Gazette, captured the audio after leaving his recording device inside a McCurtain County commissioners' meeting in an attempt to prove the officials were conducting county business in violation of the state's Open Meeting Act.
Biden Administration's Parole Pipeline for Migrants Could Cost Taxpayers Billions in Welfare Payments
President Joe Biden's administration has released over a million migrants into the United States through a parole pipeline, potentially setting up American taxpayers for billions of dollars in welfare payments within the next few years. George Fishman, from the Center for Immigration Studies and former Department of Homeland Security (DHS) official during the Trump administration, conducted an analysis indicating that if many of these parolees remain in the country, they will become eligible for taxpayer-funded welfare benefits.
Planned Parenthood Hosts Pop-Up Clinics for Patients Seeking Gender-Affirming Care
On Monday, Planned Parenthood hosted three pop-up clinics in the Central West End in St. Louis, Fairview Heights, Illinois, and Springfield, Missouri to provide gender-affirming care for new patients. The initiative was designed to make essential healthcare services more accessible to transgender and non-binary individuals seeking support during their transition.
Poll Identifies Jay Ashcroft as Leader in Republican Primary Race for Statewide Office
A recent poll has identified Missouri Secretary of State Jay Ashcroft as the frontrunner in the hotly contested Republican primary race for statewide office. The results indicate a continued rightward shift in politics within the state, which has seen Republicans gaining control of all statewide offices over the past several election cycles.
Yuengling Takes Aim at Bud Light Over Partnership with Transgender Influencer Dylan Mulvaney
Pennsylvania beer company Yuengling took aim at Bud Light on Friday, shortly after their rival's CEO apologized for the 'divisive' decision to partner with transgender influencer Dylan Mulvaney. The tweet came in response to a post from the Bud Light Twitter account featuring a frosty can of its classic brew and captioned "TGIF?" This post immediately attracted negative comments but saw an unprecedented 11.1 million views and 25,000 comments.