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Tag Archives: breaking news

Trump could score $3.5 billion from Truth Social going public. But tapping the money may be tricky.

Former President Donald Trump could soon receive a windfall valued as much as $3.5 billion, with shareholders of a publicly traded funding partner on Friday approving a merger with his Trump Media & Technology Group. The approval occurred Friday morning, according to a livestream of the shareholder vote. Shares of Digital World Acquisition Corp., a so-called “blank check” company that …

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Sen. Bob Menendez wont run in N.J. Democratic primary, may seek reelection as independent if cleared in bribery case

Washington — Indicted Sen. Bob Menendez, a New Jersey Democrat, announced Thursday that he won’t run in the Democratic primary as he faces allegations he traded his political influence for money, but said he could seek reelection as an independent if he’s exonerated. “I will not file for the Democratic primary this June. I am hopeful that my exoneration will …

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Department of Justice, environmental groups sue Campbell Soup, alleging its been polluting Lake Erie

The U.S. Department of Justice and environmental groups filed two lawsuits against Campbell accusing the soup giant of polluting Lake Erie. Both lawsuits were filed in the U.S. District Court in the Northern District of Ohio hours apart alleging similar complaints that Campbell’s manufacturing plant in Napoleon, Ohio, has allowed wastewater and pollutants to flow unchecked into the Maumee River, …

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Dollar Tree is closing 600 Family Dollar stores in 2024. Heres where they are.

Dollar Tree announced that it is closing 600 of its Family Dollar store locations in 2024. On top of that, the discount retailer also plans to close an additional 370 Family Dollar stores, plus 30 Dollar Tree locations over the next few years, at the end of their leases. In total, the planned closures represent about 15% of its Family …

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EPAs new auto emissions rules boost electric vehicles and hybrids

The Biden administration announced new tailpipe emission standards for new passenger cars that aim to cut over 7 billion tons of carbon emissions, as well as other harmful air pollutants. The standards will apply to new passenger cars and light-duty trucks, beginning with model year 2027 through 2032. The Environmental Protection Agency, in announcing the tougher standards, said the reduction …

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Biden and Trump vie for Latino support with very different pitches

At El Portal, a Mexican restaurant in Phoenix, President Joe Biden made a direct plea to Latino voters. “I need you badly. I need the help,” he told the crowd, as he launched his campaign’s Latino voter outreach organization Tuesday. “You’re the reason why — in large part — I beat Donald Trump.” Earlier in the day, he sought to …

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Trump can appeal decision keeping Fani Willis on Georgia 2020 election case, judge says

Washington — The Fulton County superior court judge overseeing the 2020 election case involving former President Donald Trump will allow the former president and a group of his co-defendants to appeal his decision allowing District Attorney Fani Willis to continue prosecuting the case if special prosecutor Nathan Wade resigned. Superior Court Judge Scott McAfee’s decision granting the request from Trump …

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Government funding deal includes ban on U.S. aid to UNRWA, a key relief agency in Gaza, until 2025, sources say

The deal on a massive appropriations bill reached between Congress and the White House will include a ban on all direct U.S. funding for the main humanitarian agency operating in Gaza, the United Nations Relief and Works Agency for Palestine Refugees, until March 2025, three sources with knowledge of the negotiations confirmed to CBS News. The White House did not …

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Is gold or silver a better investment when inflation cools?

The pandemic launched the U.S. into a period of economic uncertainty and market volatility. Rock-bottom interest rates were followed by runaway inflation and a cycle of 11 consecutive Fed rate hikes. While an unnerving environment, it proved to be beneficial for precious metal investors. “In 2020, gold rose 21% between the time COVID was announced on February 11 and the …

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CVS CEO Karen Lynch on decision to carry the abortion pill, cybersecurity threats

Washington — Karen Lynch, CEO of pharmacy giant CVS Health, spoke this week about the decision to carry the pill for the first time in an interview with CBS News. Earlier this month, CVS and Walgreens announced they will dispense the abortion pill mifepristone in states where it is legally allowed. The move comes as Americans face an increasingly complicated …

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