Bankruptcy Protection , Does Not Apply to Alex Jones Paying , Sandy Hook Families, Judge Rules.
ABC reports that a judge has ruled that bankruptcy
protection cannot shield Alex Jones from paying
over $1.1 billion to Sandy Hook families.
The Infowars host was sued over
his conspiracy theories, publicly calling
the Sandy Hook school massacre a hoax.
.
Last year, Jones filed for
Chapter 11 bankruptcy protection.
.
ABC reports that recent financial
documents place his personal net
worth at an estimated $14 million.
According to U.S. District Judge Christopher Lopez
of Houston, bankruptcy protections do not apply
to findings of âwillful and maliciousâ conduct.
According to U.S. District Judge Christopher Lopez
of Houston, bankruptcy protections do not apply
to findings of âwillful and maliciousâ conduct.
The families are pleased with
the Courtâs ruling that Jonesâ
malicious conduct will find no
safe harbor in the bankruptcy court, Christopher Mattei, a Connecticut lawyer for the families, via ABC.
As a result, Jones will continue to be
accountable for his actions into the future
regardless of his claimed bankruptcy, Christopher Mattei, a Connecticut lawyer for the families, via ABC.
Last year, families of Sandy Hook won almost
$1.5 billion in judgments against Jones over his false theory that the school shooting never happened.
Last year, families of Sandy Hook won almost
$1.5 billion in judgments against Jones over his false theory that the school shooting never happened.
ABC reports that Jones' personal spending, revealed
in his bankruptcy filing, has struck a nerve with
Sandy Hook families who have yet to collect any money.
.
ABC reports that Jones' personal spending, revealed
in his bankruptcy filing, has struck a nerve with
Sandy Hook families who have yet to collect any money.
.
According to those financial reports, in July alone,
Jones' personal spending exceeded $93,000, including
thousands of dollars spent on entertainment and meals.
According to those financial reports, in July alone,
Jones' personal spending exceeded $93,000, including
thousands of dollars spent on entertainment and meals
Pat Sajak is NOT coming out of a short-lived retirement to host the upcoming "Celebrity Wheel of Fortune" season -- instead, this was always in the cards ... TMZ.. TMZ.com
ABC brass did NOT threaten to take "Good Morning America" anchor George Stephanopoulos off the air if he didn't apologize for taking a dig at President Biden's.. TMZ.com
Mortgage Rates Continue , to Fall, Raising Hopes of the , Fed Cutting Rates.
ABC reports that borrowing costs for
home loans continued to ease this week,
with the average rate on a 30-year mortgage
falling to its lowest level since April.
According to mortgage buyer
Freddie Mac, the rate fell from
6.95% to 6.87% last week. .
That figure is still significantly higher than
what the rate was during the same time last year,
which was at an average of 6.67%. .
15-year fixed-rate mortgages
also eased, falling from
6.17% last week to 6.13%. .
During the same time last year,
the average rate was at 6.03%.
Those higher rates can add hundreds of dollars
to monthly costs for borrowers, which limits the
purchasing options of potential homebuyers.
Mortgage rates fell for
the third straight week
following signs of cooling
inflation and market
expectations of a
future Fed rate cut, Sam Khater, Freddie Macâs chief economist, via ABC.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
Due to yields also beginning to ease, the Federal
Reserve could start to drop its main interest rate
after hiking it up to the highest level in over 20 years.
Last week, Fed officials suggested that they would make
just one cut to their benchmark interest rate in 2024,
down from previous projections of three cuts for the year.
Credit: Wibbitz Top Stories Duration: 01:31Published
Surge of New Applications for , Unemployment Benefits , May Signal Cooling Job Market.
Last week, the number of people in the
United States filing for unemployment benefits
reached the highest level in ten months last week. .
ABC reports that the news comes as a potential
sign that the U.S. labor market may be slowing
under the burden of high interest rates. .
The week ending June 8 saw
applications for jobless benefits
rise by 13,000 to reach 242,000. .
According to Labor Department
data, that is up from 229,000 new
applications the week before.
The number also represents the highest
number of new applications since August
of 2023, while also being significantly higher
than the 225,000 new claims forecast.
ABC reports that weekly unemployment claims have
lingered at historically low levels since millions of
jobs disappeared with the COVID-19 pandemic.
ABC reports that weekly unemployment claims have
lingered at historically low levels since millions of
jobs disappeared with the COVID-19 pandemic.
Since March of 2022, the Federal Reserve has raised
benchmark rates 11 times in an attempt to reign in
inflation which has risen to a four-decade high.
While the latest data suggests that consumer
inflation cooled in May, the Federal Reserve
has decided to leave rates at a 23-year high.
According to Fed Chair Jerome Powell, officials
are waiting for more evidence that prices
are reaching their target of two percent.
ABC reports that a total of 1.82 million
Americans were collecting unemployment
benefits in the week ending June 1. .
ABC reports that a total of 1.82 million
Americans were collecting unemployment
benefits in the week ending June 1.
Credit: Wibbitz Top Stories Duration: 01:30Published
T-Mobile Announces Deal , to Acquire Most of , U.S. Cellular .
T-Mobile Announces Deal , to Acquire Most of , U.S. Cellular .
On May 28, T-Mobile announced that
it will acquire most of competitor
U.S. Cellular in a massive $4.4 billion deal.
ABC reports that the deal would give T-Mobile,
already one of the largest wireless providers in
the United States, an additional 4 million customers.
ABC reports that the deal would give T-Mobile,
already one of the largest wireless providers in
the United States, an additional 4 million customers.
The deal will also see T-Mobile acquire
hundreds of brick-and-mortar stores
and a wider presence in rural areas.
The deal will also see T-Mobile acquire
hundreds of brick-and-mortar stores
and a wider presence in rural areas.
The acquisition will also expand T-Mobile's
spectrum rights, a federal license permitting
the transmission of mobile signals.
According to T-Mobile, the deal
is expected to close sometime
in the middle of 2025.
As customers from both
companies will get more
coverage and more capacity
from our combined footprint,
our competitors will be forced
to keep up -- and even more
consumers will benefit, Mike Sievert, CEO of T-Mobile, via ABC.
As customers from both
companies will get more
coverage and more capacity
from our combined footprint,
our competitors will be forced
to keep up -- and even more
consumers will benefit, Mike Sievert, CEO of T-Mobile, via ABC.
T-Mobile added that U.S. Cellular
will retain control of a portion of the
company's spectrum rights and cellular towers. .
According to T-Mobile, the deal will provide
customers with more competitive options to the
two largest U.S. wireless carriers: Verizon and AT&T.
According to T-Mobile, the deal will provide
customers with more competitive options to the
two largest U.S. wireless carriers: Verizon and AT&T.
By tapping into the additional
capacity and coverage created
through the combined spectrum
and wireless assets, T-Mobile
will spur competition, T-Mobile statement, via ABC.
The news comes after a series of
acquisitions for T-Mobile aimed at
accelerating the wireless provider's growth
Credit: Wibbitz Top Stories Duration: 01:31Published
Hurricane Beryl is barreling towards the Texas coast, posing a grave threat to communities and industries. Originally a devastating Category 5 storm in the Caribbean, Beryl has regained strength as a Category 1 hurricane over warm Gulf waters, with forecasts suggesting it could reach Category 2 before landfall near Houston. Acting Governor Patrick has declared a state of emergency across 120 counties, prompting school closures and preemptive flight cancellations. Major oil ports in Corpus Christi, Galveston, and Houston are shut down, anticipating disruptions to oil exports and refinery operations. As coastal towns prepare for Beryl's impact, emergency responders urge residents to heed evacuation orders due to potential power outages and severe flooding. Stay updated on this developing situation with our coverage.
#HurricaneBeryl #TexasStorm #Category2Hurricane #EmergencyPreparedness #HoustonWeather #OilIndustryImpact #TexasNews #USNews
~HT.178~PR.274~ED.194~GR.125~
More Severe Weather , Forecast for Texas Following , String of Extreme Storms.
'The Independent' reports that nearly a quarter
of a million people remain without power
in Texas following a series of severe storms. .
The National Weather Service has warned
that more heavy rain and dangerous
winds are forecast for the area. .
According to utility company Oncor,
work to restore power remains ongoing. .
Heavy rain, thunder, lightning and
flooding are impacting several of
the communities where Oncor teams
are working to restore these outages, Oncor website, via 'The Independent'.
Storms on May 28 killed a 16-year-old
worker in the Houston suburb of Magnolia. .
In Houston, streets remain flooded from
the same storm, as more severe thunderstorm
watches were put into effect on the morning of May 31. .
According to National Weather Service
meteorologist Josh Weiss, the May 31 storm system , "does look like it's going to be encompassing Texas again.â.
Weiss added that other areas are
also at risk of experiencing severe
storms and potential flash flooding.
Southern Arkansas, northern
Louisiana, Mississippi are likely
to see strong winds and hail, Josh Weiss, National Weather Service
meteorologist, via 'The Independent'.
At the same time, the weather service has issued
a heat advisory for several areas, including
Corpus Christi, Laredo and McAllen
Credit: Wibbitz Top Stories Duration: 01:30Published
Regional Sandwiches , You Need to Try in Your Lifetime.
Food website Mashed compiled a
culinary bucket list for you to consider.
These sandwiches were among their top choices.
Philly Cheesesteak, This sandwich was invented in the 1930s by two brothers,
but only consisted of meat and bread. Cocky Joe Lorenza later added provolone and the rest is history.
Philly Cheesesteak, This sandwich was invented in the 1930s by two brothers,
but only consisted of meat and bread. Cocky Joe Lorenza later added provolone and the rest is history.
Muffuletta, This sandwich was invented by Italian immigrants
in New Orleans. It usually consists of ham, salami,
mortadella, provolone, Swiss and an olive salad.
Muffuletta, This sandwich was invented by Italian immigrants
in New Orleans. It usually consists of ham, salami,
mortadella, provolone, Swiss and an olive salad.
Cubano, Cuban immigrants brought this sandwich
consisting of ham, roasted pork, Swiss cheese,
pickles and yellow mustard that is grilled to perfection.
Cubano, Cuban immigrants brought this sandwich
consisting of ham, roasted pork, Swiss cheese,
pickles and yellow mustard that is grilled to perfection.
French Dip, The origin of this sandwich is debatable, but it consists of roast beef, caramelized onions and cheese on a crispy baguette that's served with a side of jus. .
French Dip, The origin of this sandwich is debatable, but it consists of roast beef, caramelized onions and cheese on a crispy baguette that's served with a side of jus. .
Po' Boy, Concocted in New Orleans in 1929, sandwich
shop owners the Martin brothers fed "poor boys" left
jobless by the streetcar strike at the time. They typically consist of seafood, lettuce, tomato and remoulade. .
Po' Boy, Concocted in New Orleans in 1929, sandwich
shop owners the Martin brothers fed "poor boys" left
jobless by the streetcar strike at the time. They typically consist of seafood, lettuce, tomato and remoulade. .
Lobster Roll, There are two kinds of lobster rolls,
Maine and Connecticut style. The first incorporates mayonnaise, while the second uses butter.
Lobster Roll, There are two kinds of lobster rolls,
Maine and Connecticut style. The first incorporates mayonnaise, while the second uses butter.
Italian Beef, Made even more popular by 'The Bear,'
this Chicago staple piles thinly-sliced beef onto
French bread and is topped with sweet or hot peppers.
It's then either dunked in jus or you can get it on the side.
Italian Beef, Made even more popular by 'The Bear,'
this Chicago staple piles thinly-sliced beef onto
French bread and is topped with sweet or hot peppers.
It's then either dunked in jus or you can get it on the side
Credit: Wibbitz Top Stories Duration: 01:31Published
Supreme Court Sides
With Biden Administration , in Social Media Case.
Attorneys general in Louisiana and Missouri, and other right-wing individuals, .
Attorneys general in Louisiana and Missouri, and other right-wing individuals, .
previously brought a lawsuit against the government, alleging that it had influenced what social media companies allow on their sites.
In particular, plaintiffs in the case of Murthy v. Missouri questioned whether the Biden administration violated free speech protections amid the pandemic when social networks were instructed to remove COVID misinformation.
In particular, plaintiffs in the case of Murthy v. Missouri questioned whether the Biden administration violated free speech protections amid the pandemic when social networks were instructed to remove COVID misinformation.
On July 4, 2023, Louisiana Judge Terry Doughty
agreed with the plaintiffs and restricted members of the Biden administration from interacting with social media companies in an attempt to moderate their content.
The U.S. Supreme Court struck
down the lower court's ruling by a vote of
6-3 on June 26, 'The Guardian' reports. .
The plaintiffs, without any
concrete link between their injuries
and the defendantsâ conduct, , Justice Amy Coney Barrett, via majority opinion.
... ask us to conduct a review of the
years-long communications between dozens
of federal officials, across different agencies,
with different social-media platforms,
about different topics, Justice Amy Coney Barrett, via majority opinion.
This courtâs standing doctrine
prevents us from âexercis[ing such]
general legal oversightâ of the
other branches of government, Justice Amy Coney Barrett, via majority opinion.
Ultimately, Justice Amy Coney Barrett wrote that the lower court "glossed over complexities in the evidence" and
"also erred by treating the defendants, plaintiffs
and platforms each as a unified whole.".
Samuel Alito, Clarence Thomas
and Neil Gorsuch dissented.
Samuel Alito, Clarence Thomas
and Neil Gorsuch dissented.
For months, high-ranking government officials
placed unrelenting pressure on Facebook to
suppress Americansâ free speech, Justice Samuel Alito, via dissenting opinion.
The Court, however, shirks that duty and thus
permits the successful campaign of coercion in
this case to stand as an attractive model for
future officials who want to control what
the people say, hear, and think, Justice Samuel Alito, via dissenting opinion
Credit: Wibbitz Top Stories Duration: 01:31Published
Last year InfoWars host Alex Jones was ordered to pay $1.1 billion in restitution to the families of the children who were killed in the Sandy Hook school shooting. This all comes after years of..
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