Featured Articles in National News

Treasury to Take Over Defaulted Student Loans in Major Federal Shift

The Trump administration has announced a major restructuring of the federal student loan system, transferring management of defaulted student loans from the U.S. Department of Education to the Treasury Department in what supporters describe as a long-overdue effort to improve accountability, strengthen collections and reduce bureaucratic inefficiency. Under the new agreement unveiled Thursday, the Treasury Read More…

Jury Finds Musk Liable for Misleading Twitter Investors in 2022 Takeover Fight

A federal jury in San Francisco found Elon Musk liable for misleading Twitter investors during his 2022 bid to buy the company, concluding that some of his public statements improperly affected the stock price while the $44 billion takeover was still in dispute. Jurors, however, rejected broader allegations that Musk carried out a larger scheme Read More…

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Trump Weighs Options to Spur the Economy

WASHINGTON—President Trump said he is considering measures to bolster the economy, including a possible reduction in capital-gains taxes, and continued to press the Federal Reserve to cut interest rates even as he played down warning signs of a possible slowdown. “We’re looking at various tax reductions,” Mr. Trump told reporters at the White House on Read More…

Walmart sues Tesla over solar panel fires at seven stores

Walmart is suing Elon Musk’s electric vehicle and clean energy company after Tesla solar panels atop seven of the retailer’s stores allegedly caught fire, according a court filing. The Walmart suit alleges breach of contract, gross negligence and failure to live up to industry standards. Walmart is asking Tesla to remove solar panels from more than 240 Walmart locations Read More…

Mueller fallout continues as Greg Craig trial opens

The last time reporters and photographers scrambled after the Washington power lawyer Greg Craig as he entered the federal courthouse blocks from the Capitol, he was shepherding a high-profile defendant — Gen. James “Hoss” Cartwright — to face charges of lying in a leak investigation. On Monday, the press scrum will again descend on the Read More…

Supreme Court could hear first case over the opioid epidemic, thanks to an unusual suit brought by Arizona

The Supreme Court could for the first time take a case that strikes at the heart of the American opioid epidemic, thanks to an unusual lawsuit brought by the state of Arizona against members of the Sackler family and their pharmaceutical business Purdue Pharma. In a petition filed with the justices this week, Arizona Attorney General Mark Read More…

Obama Presidential Center would have ‘adverse impact’ on historic Jackson Park, federal review concludes

The finding by the Federal Highway Administration puts pressure on the Obama Foundation to find a way to “resolve adverse effects” and turns up the heat on Mayor Lori Lightfoot to order the foundation to make those changes. Construction of the $500 million Obama Presidential Center will have an “adverse impact” on historic Jackson Park Read More…

Drone makes first commercial delivery in The Bahamas

NEW YORK (FOX 5 NY) – A drone made a successful commercial delivery in The Bahamas for the first time last month traveling more than 50 miles over land and water in 28 minutes. The flight on June 18 also marked the first time that a UAV (unmanned aerial vehicle) operated in controlled airspace at an active commercial international Read More…

Capital One breach exposed bank data for the most financially vulnerable customers

The Capital One hack is of the largest data breaches ever — and among those affected are some of the bank’s most financially vulnerable customers. The bank and the US Department of Justice revealed Monday that a hacker was able to access private data for more than 100 million Capital One customers. Social Security numbers, credit card applications, Read More…

William Perry Pendley is a conservative lawyer who most recently defended a company’s oil and gas lease on the sacred Badger-Two Medicine

A coalition of conservation and sportsmen groups on July 29 denounced the hiring of William Perry Pendley as the new acting co-director of the Bureau of Land Management (BLM), saying his support for selling off millions of acres of public lands puts him at odds with the agency’s core mission, which is to administer public Read More…

UK says EU must compromise on Brexit deal

London (AFP) – British Prime Minister Boris Johnson on Monday urged EU leaders to drop their opposition to renegotiating Brexit, as the pound slumped on growing concerns about a no-deal departure. Johnson, who took office last week, wants to change the exit terms struck by predecessor Theresa May but insists he will leave the European Read More…

Google’s booming cloud business and ad-revenue rebound combined for a giant Q2 revenue surprise

Google blew past Wall Street’s revenue and profit targets in the second quarter, sending its stock up more than 9% in extended trading on Thursday. A resurgence in Google’s core advertising business, after a weak performance in the first quarter of the year, along with strong results in the cloud business pushed Google’s net revenue up about 21% to $31.7 Read More…

Merrill Lynch pays $40 million to Cabletron co-founder after broker allegedly churned account

Bank of America Merrill Lynch has paid a hefty $40 million to settle “churning” allegations involving a former broker, according to filings and sources familiar with the case. It’s the largest such settlement in at least a decade. The recipient of the settlement is Robert Levine, co-founder of one-time network equipment maker Cabletron Systems, according to Read More…

New Wyoming program will help adults pay for college

A statewide education group introduced a program Thursday that will help adult students in Wyoming learn skills that lead to secure employment. The program will be called Wyoming Works, the Wyoming Education Attainment Council Executive Committee announced. “We are not only advancing our post-secondary attainment goals, but also ensuring Wyoming citizens have high-quality credentials to Read More…

Tom Cotton: Iran ‘Marching Up Chain’ of Provocative Acts Against Us

Senate hawk Tom Cotton, R-Ark., on Sunday said Iran is ”steadily marching up” the “escalation ladder” in its provocative acts against the United States. In an interview on “Fox News Sunday,” Cotton said there needs to boundaries set by the United States for Tehran. Iran is “steadily marching up the the chain, attacking vessels at sea, unmanned American Read More…

TSA officers attacked at Phoenix Sky Harbor International Airport

A man was arrested after attempting to rush through the security checkpoint and attack Transportation Security Administration officers at Phoenix Sky Harbor International Airport on Tuesday morning, according to a statement from the TSA. At about 9:45 a.m., multiple TSA officers were attacked inside Terminal 4 when a man, later identified as Tyrese Garner, 19, attempted to rush Read More…

Mark Zuckerberg contacts Nancy Pelosi after Facebook refused to take down manipulated video; still waiting on response

Facebook chief executive Mark Zuckerberg reached out to House Speaker Nancy Pelosi, D-Calif., in recent weeks to discuss how his company handles viral misinformation, but she has not called him back or personally replied, according to two people familiar with the exchanges. Pelosi’s decision not to engage with Zuckerberg, one of the most powerful technology Read More…

Apple takes swipe at Samsung and Huawei

As both Samsung and Huawei are left reeling from various troubles, Apple is taking the opportunity to kick its opponents while they are down. And only a few weeks ago it seemed like Apple was being crushed by the competition. Speaking to The Independent, Craig Federighi, Apple’s senior vice president of software engineering, lifts the lid Read More…

ICE seeks to expand monitoring program for immigrants as alternative to detention

The U.S. Immigration and Customs Enforcement Agency is planning to add more than 20,000 spaces to its Intensive Supervision Appearance Program, part of the “Alternative to Detention” system for immigrants awaiting hearings. The expansion, from 99,500 places in the current fiscal year to a projected 120,000, was not formally announced by ICE, but a request Read More…

A powerful spyware app now targets iPhone owners

Security researchers have discovered a powerful surveillance app first designed for Android devices can now target victims with iPhones. The spy app, found by researchers at mobile security firm Lookout, said its developer abused their Apple-issued enterprise certificates to bypass the tech giant’s app store to infect unsuspecting victims. The disguised carrier assistance app once Read More…

Florida man arrested for burglarizing cars in jail parking lot moments after being released

A man was arrested in Florida for allegedly breaking into cars in the jail parking lot moments after he was released, according to police. Michael Casey Lewis, 37, was originally arrested on charges of grand theft Thursday morning, the St. Lucie County Sheriff’s Department said in a statement. Lewis had just bonded out of county jail and been Read More…

Michael Avenatti Tweets Out Dozens of Documents Allegedly Showing Nike Paid Top College Athletes

Michael Avenatti’s allegations of Nike Inc. foul play continued Saturday, with the lawyer sharing documents he claims prove the athletic giant illicitly paid top college athletes. As part of the tweet storm, the attorney included several dozen documents that he said proves that last year’s No. 1 overall draft pick, DeAndre Ayton, was illegally paid Read More…

Former World Series MVP John Wetteland indicted on child sexual assault charges

A Denton, Texas grand jury indicted former MLB reliever John Wetteland on three counts of continuous sexual assault of a child on Friday. Police arrested Wetteland in January on charges that he repeatedly sexually abused a 4-year-old relative starting in 2004. Wetteland accused of assaulting 4-year-old relative From an affidavit reported in The Dallas Morning News on January 15: “Wetteland, 52, Read More…

Goldman Sachs lays off dozens of traders

A dreaded bloodbath at Goldman Sachs under the bank’s new boss has finally begun. The Wall Street powerhouse — whose new chief executive, David Solomon, took the reins from Lloyd Blankfein last October — laid off 65 employees in its New York office at the end of February, according to notice filed Thursday with the Read More…