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Disney scraps plans for new Florida campus as fight with Gov. Ron DeSantis continues
Disney scraps plans for new Florida campus as fight with Gov. Ron DeSantis continues
The Walt Disney Co. says it's scrapping plans to build a new campus in central Florida and relocate 2,000 employees from Southern California to work in digital technology, finance and product development
2023-05-19 04:26
Yellen warns bank CEOs of 'severe' economic consequences if debt ceiling isn't addressed
Yellen warns bank CEOs of 'severe' economic consequences if debt ceiling isn't addressed
During a meeting with more than two dozen bank CEOs on Thursday, Treasury Secretary Janet Yellen stressed the urgent need for Congress to address the debt ceiling, according to a readout of the meeting from the Treasury Department.
2023-05-19 04:22
Here's how the 14th Amendment factors into the debt ceiling debate
Here's how the 14th Amendment factors into the debt ceiling debate
As negotiations over addressing the debt ceiling continue and the threat of default draws closer, President Joe Biden has resurfaced the controversial idea of using the 14th Amendment as a way to lift the borrowing cap without Congress.
2023-05-19 03:59
Jamaal Bowman says Marjorie Taylor Greene used ‘racial bullhorn’ when she said she felt ‘threatened’ during Capitol exchange
Jamaal Bowman says Marjorie Taylor Greene used ‘racial bullhorn’ when she said she felt ‘threatened’ during Capitol exchange
Rep Jamaal Bowman (D - New York) criticised Rep Marjorie Taylor Greene for characterising him as threatening when they confronted each other on the steps of the Capitol on Wednesday. The two had a heated exchange on the steps of the US Capitol after the House voted to refer the expulsion of Representative George Santos to the House Ethics Committee. At a press conference on Thursday, Ms Greene said criticised Mr Bowman, an outspoken progressive, for confronting her on the steps of the US Capitol on Wednesday, for calling her a white supremacist. Ms Greene later criticised Mr Bowman for calling her a white supremacist. “That is like calling a person of colour the n-word,” she said. “Jamaal Bowman was down there cursing at me, telling me to get the eff out of there, right outside the vehicle I was sitting in.” Mr Bowman confronted Ms Greene in a heated conversation on the steps of the US Capitol on Wednesday following the vote to refer the expulsion of the embattled New York Republican representative to the House Ethics Committee rather than subject his expulsion to a full vote on the House floor. “What is on video is Jamaal Bowman shouting at the top of his lungs, cursing,” she said. “Calling me a white supremacist, which I take great offence to. That is like calling a person of colour the N-word.” Ms Greene accused Mr Bowman of “leading the mob” right outside a vehicle as she was prepared to leave the Capitol. She then noted that he confronted her after the vote. “His physical mannerisms are aggressive,” she said, criticising his recent interaction with Rep Thomas Massie (R - Kentucky) and accusing him of shoving Mr Massie when discussing gun violence. “I am concerned. I feel threatened by him.” The Daily Beast’s Ursula Perano filmed the interaction as Mr Bowman admonished Ms Greene, who has promoted conspiracies such as QAnon, to fix the Republican Party. Eventually, Mr Bowman’s friend Rep Alexandria Ocasio-Cortez (D - New York) stepped in to tell him of Ms Greene: “She ain’t worth it, bro.” During their back and forth, Mr Bowman told Ms Greene of Mr Santos: “Expel him. Save the party. The party is hanging by a thread.” But Ms Greene deflected, saying: “We got to get rid of Biden to save the country,” before she tried to start a chant of “impeach Biden.” Mr Bowman then said Ms Greene needed to stop promoting conspiracy theories. “No more QAnon,” he said, to which Ms Greene replied: “No more CNN.” “No more debt ceiling nonsense,” he said. “Come on, now. Save the party.” Mr Bowman also called on Ms Greene to do something about guns. “So close the border,” Ms Greene, which led Mr Bowman to scoff. “The border is where Trump left it,” he said. Mr Bowman ultimately moved on following the advice of Ms Ocasio-Cortez. The confrontation came after Mr Bowman and Ms Ocasio-Cortez heckled Mr Santos outside of the Capitol building, imploring him to resign as he spoke to reporters. Last week, Mr Santos was indicted on 13 counts of criminal charges related to wire fraud, money laundering, making false statements to the House of Representatives and theft of public funds. However, on Wednesday, the House of Representatives voted to refer the resolution to expel Mr Santos to the House Ethics Committee rather than sent it to a House vote. The charges come months after it was revealed that Mr Santos lied on his resume before being elected to represent New York’s 3rd district. Democrats have been pushing for Mr Santos to resign, citing ethical concerns- including Mr Bowman and Ms Ocasio-Cortez. Read More AOC heckles George Santos after Congress votes on his future: ‘Resign! Resign bro!’ Disney cancels $1bn Florida theme park extension amid war with DeSantis Marjorie Taylor Greene files impeachment against Biden, unlikely to pass AOC heckles George Santos after Congress votes on his future: ‘Resign! Resign bro!’ Marjorie Taylor Greene falsely claims slain Georgia activist killed police officer at Cop City protest
2023-05-19 03:56
Pentagon accounting error could give Ukraine extra $3bn in US weapons
Pentagon accounting error could give Ukraine extra $3bn in US weapons
A massive accounting error by the US Defense Department could allow an extra $3bn in American-made weapons to be delivered to Ukraine’s defence forces in the coming months. Two senior American officials told Reuters on Thursday that the Pentagon had overestimated the value of ammunition, missiles and other military materiel that has already been sent to Kyiv, leaving a $3bn deficit between what was believed to have been delivered and what was actually delivered to arm Ukrainian forces in their fight against Russian invaders. “We’ve discovered inconsistencies in how we value the equipment that we’ve given,” said one of the officials, who added that Congress will soon be officially notified of the bookkeeping screw-up. One defence official also said it’s still possible that the amount by which the US has overvalued the aid packages it has already delivered could grow beyond the current $3bn estimate. The Pentagon officials who spoke to Reuters said the overvaluation was introduced into the process for assigning values to weapons being shipped to Ukraine when the Defense Department erroneously calculated totals using the estimated cost to replace the weapons that were being provided from existing US stockpiles. Instead, the Pentagon should have assigned monetary values based on the original cost of the weapons, minus value subtracted to account for depreciation in the years between the original purchase date and when they were taken out of the US inventory to be sent to Ukraine. The updated — and presumably lower — value of the defence aid packages that have already been provided to the Ukrainian government could give the Biden administration more time before it must ask Congress to authorise additional aid for Kyiv. To date, the Ukrainian government has benefited from approximately $21bn in American defence aid, including High Mobility Artillery Rocket System (HIMARS) launchers, Javelin anti-tank weapons and two Patriot surface-to-air missile batteries. Read More Ukraine war – live: Putin launches day-long barrage on Bakhmut but Kyiv ‘repels all’ Ukraine repels Russian forces in Bakhmut after overnight strikes on Kyiv
2023-05-19 03:48
10 Things to Remember About Memorial Day
10 Things to Remember About Memorial Day
Memorial Day arose from the tragedy of the Civil War. It's a time to remember the people who sacrificed their lives for their country.
2023-05-19 03:47
McCarthy and Schumer optimistic about the state of debt talks
McCarthy and Schumer optimistic about the state of debt talks
Two days after his second recent meeting in the Oval Office to discuss raising the debt ceiling, House Speaker Kevin McCarthy sounded positive about the direction of debt limit talks, telling CNN he sees how they can get to a deal and that he wants a bill on the floor next week.
2023-05-19 03:28
Disney scraps $867m Florida plan amid Ron DeSantis feud
Disney scraps $867m Florida plan amid Ron DeSantis feud
The company makes the decision amid an escalating legal battle with Florida Governor Ron DeSantis.
2023-05-19 03:22
Robert F. Kennedy Jr. picks former Rep. Dennis Kucinich as his campaign manager
Robert F. Kennedy Jr. picks former Rep. Dennis Kucinich as his campaign manager
Democratic presidential candidate Robert F. Kennedy Jr. has selected former Ohio Rep. Dennis Kucinich as his campaign manager.
2023-05-19 03:17
Ukraine has 'successfully' used UK-provided Storm Shadow missiles against Russia, British Defense Secretary tells CNN
Ukraine has 'successfully' used UK-provided Storm Shadow missiles against Russia, British Defense Secretary tells CNN
Ukraine has "successfully" used the Storm Shadow missiles provided by the United Kingdom, British Defense Secretary Ben Wallace told CNN on Thursday.
2023-05-19 02:52
Exxon Says Reaching Net Zero Global Emissions by 2050 ‘Highly Unlikely’
Exxon Says Reaching Net Zero Global Emissions by 2050 ‘Highly Unlikely’
Exxon Mobil Corp. said the prospect of the world reaching net zero carbon dioxide emissions by 2050 is
2023-05-19 02:52
Mastodon bones unearthed by Michigan work crew go on display in museum
Mastodon bones unearthed by Michigan work crew go on display in museum
Museum officials in Grand Rapids, Michigan, showed off mastodon bones that were unearthed last year during a drainage dig in the western part of the state and belonged to a juvenile male mastodon that lived 13,000 years ago
2023-05-19 02:24
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