Friday, April 28, 2023

Supreme Court Justice Samuel Alito Believes He Knows Who Leaked Draft Opinion Overturning Roe v. Wade

Supreme Court Justice Samuel Alito Believes He Knows Who Leaked Draft Opinion Overturning Roe v. Wade

Supreme Court Justice Samuel Alito, who authored the court's majority opinion in the case that overturned Roe v. Wade last year, has said he has a "pretty good idea" of who leaked the draft ruling. The leak of the court's draft decision in Dobbs v. Jackson Women's Health Organization last May – more than a month before the official announcement – created an atmosphere of suspicion and distrust.

Essex County Weekly Roundup: Protests, Personal Stories, and Positive News

Essex County Weekly Roundup: Protests, Personal Stories, and Positive News

This week's top stories in Essex County, New Jersey included a mix of community concerns, heartfelt personal experiences, and uplifting events. From tax protests to the mourning of a mother who lost her sons to real estate developments and an array of positive news including Special Olympics, Glee Club performances, Ramadan celebrations – there was no shortage of noteworthy events.

North Carolina Supreme Court Overturns Past Ruling on Partisan Gerrymandering

North Carolina Supreme Court Overturns Past Ruling on Partisan Gerrymandering

The North Carolina Supreme Court has overturned its previous ruling that banned partisan gerrymandering, allowing the Republican party to redraw the state's congressional lines in a manner heavily favoring the GOP. This decision could enable national Republicans to expand their majority in the House of Representatives by as many as four seats.

Federal Reserve Report Blames Silicon Valley Bank Collapse on Management and Supervisory Failures

Federal Reserve Report Blames Silicon Valley Bank Collapse on Management and Supervisory Failures

The Federal Reserve has released a report on the March 10 collapse of Silicon Valley Bank, attributing the bank's dramatic failure to weak risk management, supervisory foot-dragging by the Fed, and mismanagement. Michael S. Barr, the Fed's vice chair for supervision appointed by President Joe Biden, stated in the report that a combination of factors led to the downfall of what was once the nation's 17th-largest bank.

Record-Breaking Real Estate Sales in Multiple Counties

Record-Breaking Real Estate Sales in Multiple Counties

In a week of high-end real estate sales, several counties saw record-breaking transactions between April 17 and April 24. Houses in Short Hills, Essex County; Moorestown, Burlington County; Plainsboro, Middlesex County; and Meridian Twp, Ingham County have all been sold for impressive amounts.

South Carolina State Senate Rejects Near-Total Abortion Ban

South Carolina State Senate Rejects Near-Total Abortion Ban

The South Carolina state Senate rejected a near-total abortion ban on Thursday, after the chamber's five female lawmakers led a multi-day filibuster against the bill. The bill ultimately failed in a 22-21 vote, which is the third time that a near-total abortion ban has failed to pass the Republican-majority chamber since the overturning of Roe v. Wade last June.

Comprehensive Reports to Shed Light on Recent Banking Crisis

Comprehensive Reports to Shed Light on Recent Banking Crisis

Two reports set to be released this Friday, one from the Federal Reserve and the other from the FDIC, will provide a comprehensive account of last month's banking crisis. These reports are expected to reveal what initially triggered the crisis as well as actions that could have been taken by regulators to prevent such collapses.

First Republic Bank's Stock Nosedives as Earnings Report Raises Survival Questions

First Republic Bank's Stock Nosedives as Earnings Report Raises Survival Questions

On Wednesday, shares of First Republic Bank reached an all-time low, pushing the bank's market capitalization below $1 billion. The stock rebounded slightly on Thursday but suffered a 64% decline over two preceding sessions after the troubled lender's earnings report revealed plummeting deposits and raised concerns about its survival prospects.

Singapore's Prime Residential Rent Hikes Threaten its Financial Hub Status

Singapore's Prime Residential Rent Hikes Threaten its Financial Hub Status

Singapore has recently seen a significant rise in rent for prime residential properties, with prices soaring between 60% to 75%, outpacing annual increases in major cities like New York and London. The European Chamber of Commerce in Singapore reported "visible anxiety and psychological distress" among staff due to rising costs.

Euro Zone Economy Grows 0.1% in Q1, Germany's GDP Flatlines

Euro Zone Economy Grows 0.1% in Q1, Germany's GDP Flatlines

The euro zone economy experienced a growth of 0.1% in the first quarter of the year, according to preliminary figures released on Friday. This comes as Germany's Gross Domestic Product (GDP) flatlined during the same period, falling short of economists' forecast for quarterly growth of 0.2%.

BBC Chairman Richard Sharp Resigns Over Breach of Rules in Boris Johnson Loan Case

BBC Chairman Richard Sharp has announced his resignation following a report that found he breached rules when failing to declare his involvement in an £800,000 loan to former Prime Minister Boris Johnson. The investigation, conducted by barrister Adam Heppinstall KC, discovered that Mr. Sharp broke the code on public appointments by not informing the committee that interviewed him about this potential perceived conflict of interest.

BBC Chairman Richard Sharp Resigns Amid Loan Facilitation Controversy

BBC Chairman Richard Sharp Resigns Amid Loan Facilitation Controversy

BBC chairman Richard Sharp has resigned following the publication of a report by barrister Adam Heppinstall KC, which found that Mr. Sharp breached the governance code for public appointments. The resignation comes in the wake of a cronyism row earlier this year involving then-Prime Minister Boris Johnson and an £800,000 loan facility.

BBC Chairman Richard Sharp Faces Damning Report Over Conflict of Interest

BBC Chairman Richard Sharp Faces Damning Report Over Conflict of Interest

BBC chairman Richard Sharp is bracing for a potentially damning report into his appointment after facilitating an £800,000 loan guarantee for Prime Minister Boris Johnson. The investigation, conducted by prominent barrister Adam Heppinstall KC, is set to be published on Friday morning and expected to conclude that Mr. Sharp breached the rules by creating a perception of conflict of interest.

Congressional Democrats Concerned Over Biden's "No Negotiations" Strategy on Debt Ceiling

Congressional Democrats Concerned Over Biden's "No Negotiations" Strategy on Debt Ceiling

Congressional Democrats are growing increasingly concerned that President Joe Biden's "no negotiations" strategy to raise the nation's debt ceiling, now at $31 trillion, will lead to a protracted standoff. The Treasury Department has notified Congress that it is time again to raise the debt ceiling in order to allow more borrowing for paying off the country’s accumulated bills.

SteeleDivine Cosmetics Opens in Whitehaven - Memphis Business

SteeleDivine Cosmetics Opens in Whitehaven - Memphis Business

Angelita Parham, a passionate entrepreneur and beauty enthusiast, recently opened the doors of SteeleDivine Cosmetics at the Southbrook Mall in Whitehaven. The new store aims to provide high-quality cosmetics and beauty products for customers in the local community.

NYS Gov. Hochul Reaches Tentative Budget Deal with Legislative Leaders

NYS Gov. Hochul Reaches Tentative Budget Deal with Legislative Leaders

New York State Governor Kathy Hochul and legislative leaders reached a tentative budget deal on Thursday, almost a month after the official deadline. The agreement includes significant changes to New York's bail laws, the establishment of new charter schools in the city, increased crackdowns on illegal cannabis shops, and an increase to the state’s minimum wage.

McCarthy Urges DeSantis to Negotiate with Disney Over Prison Controversy

McCarthy Urges DeSantis to Negotiate with Disney Over Prison Controversy

Speaker of the House Kevin McCarthy, R-Calif., has weighed in on the ongoing controversy surrounding the proposed building of a prison near the Disney World theme park in Orlando. In a recent statement, McCarthy urged Florida Governor Ron DeSantis to "sit down and negotiate" with Disney instead of engaging in a political feud that could potentially harm both parties.

USDA Extends Deadline for Mandatory 2022 Census of Agriculture Participation

USDA Extends Deadline for Mandatory 2022 Census of Agriculture Participation

The United States Department of Agriculture (USDA) has announced an extension to the deadline for farmers and ranchers nationwide to participate in the mandatory 2022 Census of Agriculture. Conducted every five years, this crucial census collects comprehensive data on food production, which is then used to generate statewide reports.

Proposed Abortion Bans Fail in South Carolina and Nebraska

Proposed Abortion Bans Fail in South Carolina and Nebraska

The bills that were proposed in South Carolina and Nebraska failed to pass, which would have been a significant change for state residents. Currently, both states allow abortion up to around 22 weeks, and 14 states have active bans on nearly all abortions.

Mike Pence Testifies Before Grand Jury in Trump Investigation

Mike Pence Testifies Before Grand Jury in Trump Investigation

Former Vice President Mike Pence testified before a federal grand jury on Thursday, as part of the ongoing investigation into efforts by then-President Donald Trump and his Republican allies to overturn the 2020 election. The grand jury is specifically examining the events surrounding the Jan. 6 attack and former President Trump's role in those events.