Stories from New York · United States
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Trump Evacuated From Washington Hilton After Gunshots
The Secret Service reported that an alleged shooter involved in the recent incident near the White House is now in custody. Attendees took cover as the Secret Service moved to secure the building. A shooter was reportedly killed following the evacuation, with claims of a cyanide tablet being used by the Secret Service. Armed US Secret Service agents entered the room to evacuate Donald Trump and Melania Trump during the ongoing incident. The situation remains uncertain regarding whether the former president will return to the event. Helicopters were heard and roads were blocked near the White House during the evacuation. Security escorted Marco Rubio and JD Vance from the event alongside the President and First Lady. The US Secretary of Defense and Secretary of State were among those immediately evacuated from the ballroom following a security incident.
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Maduro Attorney Challenges US Asset Seizure
The United States has modified the license governing Nicolás Maduro's ability to receive funds from the Venezuelan government. The discussion noted that fuel supplies previously sourced from Venezuela have shifted toward Trinidad following the capture of Maduro. This transition occurred after periods of fuel shortages on islands caused by conflicts with Venezuela. The US Treasury Department has issued a decision regarding the use of Venezuelan government funds for legal fees. Prosecutors in the Southern District of New York previously argued that President Nicolas Maduro should not access plundered wealth to fund his legal defense. Maduro's attorney has challenged the move, claiming the US is improperly blocking his client's ability to pay for legal representation. Both legal teams are requesting a status conference in approximately 60 days and a pause on the trial clock.
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Queens Pharmacy Owner Sentenced For $24M Money Laundering
Terry Kim, a 61-year-old pharmacy owner, was sentenced to over five years in prison for his role in a money laundering scheme. Kim co-owned several retail pharmacies located in Brooklyn and Queens. Federal prosecutors stated that he conspired to launder $24 million through these businesses. The sentencing occurred yesterday following the conclusion of legal proceedings.
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Bain Capital To Sell Tyger Capital Stake
Bain Capital plans to offload its majority stake in Tyger Capital, according to industry sources.
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Warner Brothers Discovery Completes Paramount Merger
Warner Bros Discovery shareholders have approved a merger with Paramount Skydance. The merger aims to consolidate major entertainment assets under a single entity. No specific financial terms of the acquisition were disclosed in the report. The acquisition will place CNN under the control of David Ellison. Ellison is described as a close associate of Donald Trump. The deal follows Ellison's previous acquisition of CBS last year. The merged entity will control major media brands including CBS, HBO, and Nickelodeon. The company will also hold franchises such as Harry Potter and Game of Thrones. Hollywood professionals, including writers, directors, and actors, have expressed resistance to the merger. Concerns cited by industry workers include potential job losses and increased production costs.
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Five Injured In Sunset Park Apartment Fire
A second-floor apartment fire occurred at 4609 9th Avenue in Sunset Park around 3:00 PM. Five individuals were transported to the hospital with life-threatening injuries. The FDNY deployed 79 fire and EMS personnel to the scene. Firefighters successfully extinguished the blaze within approximately one hour. Nine people were involved in the incident total.
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Gene Editing Debate Explores 'Better Babies' and Ethics
The use of gene editing technology is being debated, with proponents arguing for its potential to prevent diseases like cystic fibrosis and HIV. They said a moral obligation to use the technology to reduce human suffering and make humanity less vulnerable to pathogens. Opponents raise concerns about creating a 'haves and have-nots' society, where designer babies are accessible only to the wealthy. Arguments for the motion highlight potential benefits with safeguards against abuse, while opponents raise questions about the godlike power in human hands and the potential for competition for 'perfect babies.' The debate considers subtracting, adding, or substituting DNA in cells, with a focus on FDA-approved use of gene editing in babies after extensive safety improvements and testing.
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JetBlue Faces Financial Distress Amid Rising Debt
JetBlue is reportedly considering merging with another airline or filing for bankruptcy protection due to financial challenges. The airline currently holds $8 billion in debt, with annual interest payments of $600 million. Recent increases in fuel costs, exacerbated by the situation in Iran, have added nearly $1 billion to their expenses. JetBlue's checked bag fees have also risen, with the first bag costing up to $49 and the second $60, a price point that may not decrease even if fuel prices fall.
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Nursing Degrees Yield Highest Median Salary For Grads
Zip Recruiter reports nursing degrees offer the highest median starting salary at $70,000 upon graduation. Recent college graduates expressed the most regret regarding liberal arts, political science, communications, and earth sciences majors. Many graduates indicated a desire to have pursued scientific or quantitative fields instead. Correspondent Michael Wallace provided the findings.
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Bain Capital To Sell Tyger Capital Stake
Bain Capital is reportedly preparing to offload its majority stake in Tyger Capital.
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