Tag: US News

Couple Checking out Barking Dog Leads to Encounter With Escapee, His Recapture

YOUNGSVILLE, Pa.—A couple checking out a barking dog on their northwestern Pennsylvania property led to the capture of a homicide suspect who had used bed sheets to escape from jail, authorities said. Michael Burham, 34, was captured nine days after he fled the Warren County jail in the late evening hours of July 6 by…


Competitor Dies During Maine Road Rally Race Through Forest

NEWRY, Maine—A competitor was killed in a crash on the first day of a rally race through a forest in western Maine, leading organizers to cancel the event’s second day. Erin Kelly, a 48-year-old woman from Marshall, Virginia, was killed Friday when her team’s car crashed near Lower Richardson Lake during the New England Forest…


Billionaire Warns Hollywood Faces ‘Absolute Collapse’ If Strike Isn’t Resolved

Barry Diller, the billionaire media mogul, said that a failure to resolve twin strikes of the writers’ and screen actors guilds could lead to “devastating effects” if no deal is reached soon. Last week, a number of top movie and TV actors joined picket lines alongside screenwriters on the first full day of a walkout that has…


Elon Musk Reveals Twitter Has ‘Negative Cash Flow’ and ‘Heavy Debt’

Elon Musk wrote Saturday that Twitter is dealing with a “heavy debt load” after losing about 50 percent of its advertising revenue and that has resulted in the app having a “negative cash flow.” “We’re still negative cash flow, due to ~50 percent drop in advertising revenue plus heavy debt load. Need to reach positive…


Twitter Has ‘Negative Cash Flow’ and ‘Heavy Debt,’ Musk Reveals

Twitter is dealing with a “heavy debt load” after losing about 50 percent of its advertising revenue, and that has resulted in the app having a “negative cash flow,” Elon Musk, the company’s owner, wrote on July 14. “We’re still negative cash flow, due to ~50 percent drop in advertising revenue plus heavy debt load. Need to…


Trump Undecided on If He’ll Participate in First Republican Debate

President Donald Trump says he hasn’t decided whether or not he’ll participate in the upcoming Republican presidential debate. During an interview with Fox News’ Maria Bartiromo that aired on July 16, Mr. Trump suggested that it may not make sense for him to participate, citing his hefty lead over his closest competitors for the nomination….


Senate Foreign Relations Committee Approves Transfer of Nuclear Submarines to Australia

The U.S. Foreign Relations Senate Committee has triggered the start of the process of attaining U.S. Congressional approval for the United States to temporarily give Australia two nuclear-powered submarines, alongside other measures to deepen further defense sharing with members of the pro-liberty AUKUS defence alliance. In a bipartisan move on July 13, the committee authorized…


Investors Exit Downgraded Target Stock

Mega retailer Target has not recovered from consumer boycotts triggered after the company promoted Pride merchandise, with share prices and market cap declining significantly along with financial and popularity metrics. American consumers started boycotting Target in May, after the retail chain rolled out its transgender collection, which included some items that targeted children, including books,…


Earthquake Off the Alaska Coast Triggers Brief Tsunami Advisory, Sending Some Residents to Shelters

A 7.2 magnitude earthquake triggered a brief tsunami advisory for southern Alaska late Saturday, but the advisory was canceled about an hour later, monitoring bodies reported. The earthquake was felt widely throughout the Aleutian Islands, the Alaskan Peninsula and Cook Inlet regions, according to the Alaska Earthquake Center. In Kodiak, Alaska, sirens warned of a…


Powerball Prize Grows to $900 Million After No Jackpot Winner Drawn

Another Powerball drawing ended with no winner Saturday night, sending the jackpot soaring to an estimated $900 million. No ticket for Saturday’s drawing matched the winning combination: white balls 2, 9, 43, 55, 57, and red Powerball 18. The jackpot was estimated at $875 million. Ticket buyers for Monday’s drawing have a chance at either…