Pelican Press

Florida food banks feel the sting of DOGE cuts Florida food banks feel the sting of DOGE cuts Miami — Before sunrise on a recent May day, workers at the Miami-area food bank Feeding South Florida move, load and stack pallets of food and household goods onto trucks. With the help of volunteers, this flurry of activity has allowed the organization to distribute food to 1.2 million people throughout four Florida counties. The food goes to people like Rosalyn Budgett, who lives on a fixed income and comes to Feeding South Florida every two months. “I’m able to get a balanced meal on a daily basis,” Budgett told CBS News. She says that without the food bank, “I’d probably starve.” But the aid she relies on has been reduced. In March, the White House’s Department of Government Efficiency cut funding for about $1 billion worth of U.S. Department of Agriculture programs. The two federal programs that were cut allowed schools and food banks to purchase food directly from local farmers and producers. “We’ve been seeing empty racks since February,” Paco Velez, CEO of Feeding South Florida, told CBS News. “These cuts have really made an impact, not just on our ability to serve, but on the families’ ability to thrive in South Florida and across the country.” For Feeding South Florida, the cuts amount to 40% of its $37 million annual budget. “It’s an unfortunate situation, because we see that our families are desperate,” Velez said. “They’re coming in more frequently than they ever have. And we’re trying to maintain as much food as we can. But there is a little desperation.” The line of cars for weekly food distribution at Ebenezer Church in South Miami has only gotten longer over the years. Pastor Roberto Blanco, who gets part of the supply from Feeding South Florida’s warehouse, is working with less. The situation is affecting farmers too. East Coast Farm and Vegetables near Parkland, Florida, partnered with Feeding South Florida to use federal dollars to pick and pack surplus produce destined for families in need. “This program…is a great use of our tax dollars,” said Katelyn Garcia, vice president of East Coast Farm and Vegetables. “We are not only helping our farmers…here in the States, but you’re also feeding families.” Without the funds to process the produce, farmers are hoping crops won’t go to waste. Says Garcia: “We know that the end goal is to feed people and we need to work towards that goal.” Manuel Bojorquez Manuel Bojorquez is a CBS News national correspondent based in Miami. He joined CBS News in 2012 as a Dallas-based correspondent and was promoted to national correspondent for the network’s Miami bureau in January 2017. Aimee Picchi contributed to this report. Source link #Florida #food #banks #feel #sting #DOGE #cuts Pelican News View the full article at [Hidden Content]

Knicks vs. Pacers score: Game 1 live updates as Jalen Brunson leads New York in first ECF game in 25 years – CBS Sports Knicks vs. Pacers score: Game 1 live updates as Jalen Brunson leads New York in first ECF game in 25 years – CBS Sports Knicks vs. Pacers score: Game 1 live updates as Jalen Brunson leads New York in first ECF game in 25 years CBS SportsPacers vs. Knicks (May 21, 2025) Live Score ESPNPacers vs. Knicks live updates: 2025 NBA playoffs Game 1 start time, picks and predictions The New York TimesECF Playoff Game Thread: Knicks vs Pacers, Game One, May 21, 2025 Posting and ToastingReggie vs. Spike, head-butts and phantom calls: Ranking every Knicks-Pacers series ESPN Source link #Knicks #Pacers #score #Game #live #updates #Jalen #Brunson #leads #York #ECF #game #years #CBS #Sports Pelican News View the full article at [Hidden Content]

Coalition's future murky as leaders squabble over split Coalition's future murky as leaders squabble over split Discussions over the coalition have devolved into a he said, she said contest as both parties paint their own versions of the shock split. Source link #Coalition039s #future #murky #leaders #squabble #split Pelican News View the full article at [Hidden Content]

Two arrested, accused of helping Orleans Justice Center escapees Two arrested, accused of helping Orleans Justice Center escapees Disclaimer: All persons are presumed innocent until proven guilty. NEW ORLEANS (WGNO) — Two people accused of assisting escapees from the Orleans Justice Center have been arrested. According to the Louisiana State Police, 32-year-old Cortnie Harris, of New Orleans, is accused of taking two escapees, who are still at large, to different locations in New Orleans, after being in phone contact with an escapee prior to the jailbreak. Metairie man found guilty of drugging, ********* assaulting teenagers Additionally, 38-year-old Corvanntay Baptiste, of Slidell, is accused of being in contact with and helping to get food to the now-captured inmate, Corey Boyd, who was allegedly hiding at a home at the time. Both suspects were arrested and were booked into the Plaquemines Parish Detention Center, each facing one charge of accessories after the fact. The LSP reports of the law that “those convicted of accessory after the fact shall be fined not more than $500, or imprisoned, with or without hard labor, for not more than five years, or both.” Cortnie Harris (Courtesy: Plaquemines Parish Sheriff’s Office) Corvanntay Baptiste (Courtesy: Plaquemines Parish Sheriff’s Office) As of Wednesday morning, five of the 10 fugitives have been caught and returned to custody. Stay up to date with the latest news, weather and sports by downloading the WGNO app on the Apple or Google Play stores and by subscribing to the WGNO newsletter. Latest Posts Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to WGNO. Source link #arrested #accused #helping #Orleans #Justice #Center #escapees Pelican News View the full article at [Hidden Content]

Trump makes false claims of white genocide in South Africa during Ramaphosa meeting – Reuters Trump makes false claims of white genocide in South Africa during Ramaphosa meeting – Reuters Trump makes false claims of white genocide in South Africa during Ramaphosa meeting ReutersTrump ambushes South Africa’s president with false claims of ‘white genocide’ NPRRamaphosa survives mauling by Trump over ‘white genocide’ BBCTrump fast-tracked processing of White South African refugees. But not everyone wants to leave CNNFact-checking Trump’s claims of white farmer ‘genocide’ in South Africa PBS Source link #Trump #false #claims #white #genocide #South #Africa #Ramaphosa #meeting #Reuters Pelican News View the full article at [Hidden Content]

David Littleproud insists he respected Sussan Ley’s circumstances after mother dies David Littleproud insists he respected Sussan Ley’s circumstances after mother dies Nationals leader David Littleproud says he “respected the personal circumstances” of Liberal counterpart Sussan Ley amid negotiations for a Coalition agreement. Ms Ley’s mother died over the weekend, just a few days after she was elected Opposition Leader. However, the Nationals made the shock announcement on Tuesday that they would be splitting from the Coalition, saying they were unable to receive guarantees for the agreement, including retaining a nuclear energy policy. On ABC Breakfast, Mr Littleproud denied the Nationals’ announcement was uncompassionate towards Ms Ley’s personal situation. “It was predicated on Sussan Ley’s timeframe, not mine,” he said. Camera IconDavid Littleproud insists the National Party ‘respected the personal circumstances’ of Liberal leader Sussan Ley after her mother died. NewsWire / Martin Ollman Credit: News Corp Australia “Sussan Ley was elected on the Tuesday, she rang me on the Wednesday, and, in fact, wanted to fly to Canberra on the Friday to start negotiations.” Mr Littleproud said he “made it clear to her it was unacceptable” and drove to Albury, Ms Ley’s electorate, “to make sure that she would stay with her (sick) mother”. “We had initial discussion and then obviously over the weekend, I went back to her and her mother sadly passed,” Mr Littleproud said. “We made no initiation of further negotiations … in fact, they were initiated after her mother’s death by her – by her and her office – to continue on and we only continued on in good faith that Sussan Ley was wanting to do that. “We had no need to rush and we made sure that we respected the personal circumstances in which Sussan Ley found herself.” Mr Littleproud said that was the way the partnership ended, and there was no timeline set by the National Party. The Coalition union, which has lasted for almost 80 years, was due for a policy review after the opposition’s devastating loss in the 2025 federal elections. Tensions continue after an uneasy exchange between deputy Liberal leader Ted O’Brien and Nationals senator Bridget McKenzie on the Today show on Thursday morning. “There are big issues facing this country,” host Karl Stefanovic said. “You both should grow up, the country needs a strong opposition just to sort it out and get on with it. I don’t see what’s so hard”. In response, Senator McKenzie said, “Well, the nine million of us that live in regional Australia do have a strong perspective. “We think that the policies we took, those four in particular …,” but the senator was cut off by Stefanovic, who moved on to ask Mr O’Brien his opinion. Camera IconSenator Bridget McKenzie said Liberal leader Sussan Ley was “unable” to offer comfort that the four policies they fought for would be included in the Coalition agreement. NewsWire / Martin Ollman Credit: News Corp Australia A back and forth between Mr O’Brien and Senator McKenzie also ensued, with both sides laying blame on each other. The senator was quick to bring up that a guarantee of the Nationals’ policies was not given in due time. “After an election defeat, what typically has happened in our 80-year history is all policies stay on the table until they’re explicitly removed,” Senator McKenzie said. “That is the reality of our Coalition that has worked for 80 years. What the Liberal leader decided to do last week is say “everything’s up for grabs now’. Senator McKenzie also said Ms Ley was “unable” to guarantee the four policies the Nationals fought for would be included in the Coalition agreement. “At the end of the day, it’s got to be mutually beneficial for both political parties,” she said. “We’re not a subset of the Liberal Party, we’re a separate political party.” Mr O’Brien said he was “genuinely, really sad” about the Nationals’ decision to split from the Coalition. “I’m disappointed that the National Party did make the decision to leave the Coalition this week,” he said. “The issue here isn’t that the Liberal Party has said no to any of the policy interests of the National Party. “Sussan Ley, as our leader, made it really clear last week to the *********** public that we will be listening to them and then we’ll come back together as a as a party and make decisions. “That’s the way it’s always done. Unfortunately, the National Party couldn’t wait.” Camera IconDeputy Liberal leader Ted O’Brien said the Nationals ‘could not wait’ to review policies in the Coalition agreement. NewsWire / Martin Ollman Credit: News Corp Australia But Mr O’Brien said he wanted to see the Coalition party reunite. “All of those four policies, we were able to settle the last term of government,” he said. “My ask to (Bridget) this morning is let’s continue to work together and settle them as part of the Coalition, as we always have.” The Coalition split on Tuesday came as a major shock after nearly eight decades of political marriage. “(The Liberal Party) are going on a journey of rediscovery, and this will provide them the opportunity to do that without the spectre of the National Party imposing their will,” Mr Littleproud said. He also said he didn’t “want to be fighting for three years” for Coalition guarantees. “It was a principled position. We couldn’t get a guarantee that policies that were important to regional Australia, that were a Coalition policy before the last election around regional Australia’s future … we didn’t ask for a lot, but we couldn’t get that guarantee,” Mr Littleproud said. “And these are things that would change the lives of regional Australians and we don’t want to be fighting for three years to try and get that.” Source link #David #Littleproud #insists #respected #Sussan #Leys #circumstances #mother #dies Pelican News View the full article at [Hidden Content]

‘That just doesn’t make sense’ ‘That just doesn’t make sense’ Tesla has found itself in yet another sticky situation, as the launch of its new and improved Model Y has not gotten off to a smooth start. According to Reuters, Tesla’s launch of the Model Y has not gone according to plan. The retooled compact SUV was supposed to be one of the answers to the EV company’s flagging sales in recent months, and was widely seen as one of the most anticipated debuts in the automotive industry. However, while sales data isn’t yet available, there are a lot of troubling signs that analysts claim indicate that sales have not been good to this point on the Model Y. For starters, in most of the world, there is little to no wait time to get a Model Y at the moment, and Tesla is offering 0% financing on them. Given that the Model Y has only been out since January, analysts say that offering those kinds of financing deals on them is a bad sign. “Why would you discount and have all these incentives and offers literally out of the gate?” asked Loren McDonald, chief analyst with EV data firm Paren. “That just doesn’t make sense when your margins are already at multiyear lows. That suggests very strongly that there is a demand problem.” Tesla remains the largest EV manufacturer in the world, but the margin between its sales numbers and the sales numbers of the rest of the pack is shrinking. In many parts of Europe and the United States, EV sales numbers have continued to grow while Tesla has seen declining sales. The reasons for this are varied. Some of it is because more and more companies, including mainstream automakers like Ford, Hyundai, Honda, and General Motors, have started rolling out their own EV models, while other EV-exclusive manufacturers like Rivian and BYD have entered the market and gained an increasing foothold in recent years as well. Some of it is due to company policies and issues that have led to lawsuits painting the company in a less favorable light. And some of it is due to widespread protests of Tesla’s brand over CEO Elon Musk’s involvement far-right political movements in the U.S. and abroad, which has made the prospect of owning one feel like a political statement to many prospective EV buyers. Unfortunately for the EV manufacturer, all of it combines to paint a less than rosy picture for the company’s outlook, even though drivers are increasingly looking to make their next car an EV. The company is clearly hoping that its offers on the Model Y will help boost sales numbers, but it’s not stopping there. The EV manufacturer is also working on the Cybertaxi, and has been promising cheaper versions of the Model Y and Model S for several years now, in an effort to stay competitive in an increasingly crowded market. Join our free newsletter for good news and useful tips, and don’t miss this cool list of easy ways to help yourself while helping the planet. Source link #doesnt #sense Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Pentagon accepts luxury jet from Qatar to use as Air Force One – ABC News Pentagon accepts luxury jet from Qatar to use as Air Force One – ABC News Pentagon accepts luxury jet from Qatar to use as Air Force One ABC NewsPentagon announces it has accepted jet from Qatar that will be used by Trump once it is modified CNNUS formally accepts Qatar’s luxury jet for use as Air Force One for Trump The Indian ExpressThe Inside Story of Trump’s Search for a New Air Force One The New York TimesPentagon says it has accepted Qatari luxury jet for Air Force One use The Washington Post Source link #Pentagon #accepts #luxury #jet #Qatar #Air #Force #ABC #News Pelican News View the full article at [Hidden Content]

Bitcoin touches record high on optimism around US regulations Bitcoin touches record high on optimism around US regulations Bitcoin briefly hit an all-time high after the advancement of stablecoin legislation in the US stoked hopes of regulatory clarity under President Donald Trump. The largest cryptocurrency climbed as much as 2.7 per cent to a record $US109,856, before paring much of the gain while broader financial markets retreated. The previous high was set at roughly the time of Trump’s inauguration on January 20. Smaller tokens such as Ether and XRP also gave back modest increases. Bitcoin and the broader crypto market have rallied in recent weeks thanks to regulatory tailwinds including the stablecoin bill advancing in the US Senate after a group of Democrats dropped their opposition Monday. The industry-backed regulatory bill is now set for debate on the Senate floor with a bipartisan group hoping to pass it as soon as this week. “It’s the shift of approach from Gary Gensler and the SEC to this Trump administration, which has embraced our industry,” Michael Novogratz, founder and chief executive of Galaxy Digital, said during a Bloomberg TV interview on Wednesday. “That freed up the animal spirits both here and abroad.” The terms of the proposed legislation were revised to include tighter restrictions on money laundering, foreign issuers, technology companies and improved consumer protections. It would also ensure domestic and foreign issuers both face the same rules. Bitcoin was christened as a haven by some market participants during the financial markets turmoil spurred by the introduction of Trump’s trade tariffs. That narrative has gained traction as of late as fractious US budget negotiations keeps a focus on the growth in deficit spending. “We’re in a really hard position in this country when you have this kind of debt. And you’re seeing it with long ends of interest, yield curves selling off everywhere, the dollar is under pressure,” Mr Novogratz said. “That is all good for Bitcoin and crypto assets as well.” Options traders have already built bullish positions on Bitcoin earlier this week with the $US110,000 calls, $US120,000 and $US300,000 expiring on June 27 seeing the most open interest, or the number of outstanding contracts on Deribit. Demand for short-dated calls that are expiring before late June with the strike prices above $US110,000 has surged in the past 24 hours, according to Amberdata. Liquidations in both bullish and bearish bets on crypto assets remain moderate amid the breakout with about $US200 million in the past 24 hours, according to data compiled by Coinglass. Open interest — or outstanding contracts — for Bitcoin futures hosted by Chicago-based CME Group has seen a 23 per cent recovery from a year-to-date low in April, while investors have poured about $US3.6 billion into a group of a dozen US Bitcoin exchange-traded funds so far in May. Bitcoin has risen about 14 per cent so far this year, outperforming other risk assets such as US stocks. The Nasdaq 100 index is down around 2 per cent since December. Helping to drive the outperformance has been surging demand from Michael Saylor’s Strategy and other companies seeking to emulate its Bitcoin buying strategy. The former software maker, until recently called MicroStrategy, has stockpiled over $US50b worth of the token. Bitcoin miners, a flurry of obscure small-cap companies and public firms newly formed by crypto heavyweights are offering anything from convertible bonds to preferred stocks, giving different flavours of Bitcoin exposure to investors. An affiliate of Cantor Fitzgerald is working with stablecoin issuer Tether Holdings and SoftBank Group to launch Twenty One Capital, a company that emulates Strategy’s business model. A subsidiary of Strive Enterprises co-founded by Vivek Ramaswamy is merging with Nasdaq-listed Asset Entities to form a Bitcoin treasury company. The jump to a fresh record high comes as Trump prepares to meet with the biggest holders of his memecoin at a dinner at his golf club just outside Washington on Thursday. The event has raised concerns among ethics experts, who argue that it offers access through transactions that directly benefit the president, and has sparked criticism over the potential conflict of interest. Bloomberg Source link #Bitcoin #touches #record #high #optimism #regulations Pelican News View the full article at [Hidden Content]

Delta flight engine lacked oil when making emergency landing Delta flight engine lacked oil when making emergency landing May 21 (UPI) — A Delta Air Lines flight that made an emergency landing in Atlanta in February had no visible oil in its right engine, the National Transportation Safety Board announced on Wednesday. Delta Flight 876 was heading to South Carolina when it departed the Hartsfield-Jackson Atlanta International Airport on Feb. 24 but soon after returned for an emergency landing after smoke began filling the aircraft, CBS News reported. Flight attendants noticed smoke entering the aircraft through a door and all of its vents during takeoff and tried to notify the flight’s pilots. A lead flight attendant told the Federal Aviation Administration the smoke made it impossible to see past the first row of seats on the Boeing 717-200 aircraft. The pilots also notice smoking coming through the cockpit’s flooring and returned to the Atlanta airport to make an emergency landing shortly after taking off at 8:30 a.m. EST. Separate alerts sounded due to the smoke and low oil pressure in the right engine, and the pilots shut down the engine before attempting the emergency landing. The smoke was so thick that the pilots had to change their landing approach due to low visibility. After safely landing, the Delta crew initiated an emergency evacuation to get passengers off the plane as quickly and safely as possible. Two passengers suffered minor injuries during the evacuation and were treated, the NTSB said. An initial inspection showed no oil was visible in the right engine, which indicated an oil system failure in the Rolls-Royce BR715-C1engine. The Boeing 717-200 has two such engines mounted on either side of its fuselage and behind the wings. The aircraft was carrying 94 passengers, three flight attendants and two pilots during the brief flight. The investigation into the incident is ongoing and involves an NTSB flight data recorder specialist and the FAA. Source link #Delta #flight #engine #lacked #oil #making #emergency #landing Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Sean 'Diddy' Combs trial day 12 recap: Jurors hear from expert witnesses and Diddy's former assistant – ABC News Sean 'Diddy' Combs trial day 12 recap: Jurors hear from expert witnesses and Diddy's former assistant – ABC News Sean ‘Diddy’ Combs trial day 12 recap: Jurors hear from expert witnesses and Diddy’s former assistant ABC NewsMay 21, 2025 – Day 8 of testimony in the Sean ‘Diddy’ Combs trial CNNFormer Employee Reveals Why He — and Not Hotel Staff — Always Cleaned Up Rooms After Diddy People.comFederal agent offers a glimpse at what investigators found inside Diddy’s Miami home NBC NewsAt Sean ‘Diddy’ Combs Trial, Details of a Raid That Found Guns and Baby Oil The New York Times Source link #Sean #039Diddy039 #Combs #trial #day #recap #Jurors #hear #expert #witnesses #Diddy039s #assistant #ABC #News Pelican News View the full article at [Hidden Content]

Iron Bridge magnetite project set to reach nameplate in FY2028 as Fortescue unveils fresh guidance Iron Bridge magnetite project set to reach nameplate in FY2028 as Fortescue unveils fresh guidance Fortescue is now confident its Iron Bridge magnetite mining operation can run at full tilt by the 2028 financial year, five years after the problematic project produced first concentrate. Source link #Iron #Bridge #magnetite #project #set #reach #nameplate #FY2028 #Fortescue #unveils #fresh #guidance Pelican News View the full article at [Hidden Content]

Why Republican hardliners aren’t backing Trump’s budget bill Why Republican hardliners aren’t backing Trump’s budget bill Why Republican hardliners aren’t backing Trump’s budget bill – CBS News Watch CBS News The House Rules Committee is holding a marathon hearing to try and pass President Trump’s massive budget plan to the floor for a vote. A small but influential group of hardline Republicans are refusing to fully back the bill. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link #Republican #hardliners #arent #backing #Trumps #budget #bill Pelican News View the full article at [Hidden Content]

Tesla (TSLA) Gets $410 Target, Morgan Stanley Says ‘Muskonomy’ Is the ******* Story Tesla (TSLA) Gets $410 Target, Morgan Stanley Says ‘Muskonomy’ Is the ******* Story We recently published a list of 12 AI Stocks on Analysts’ Radar. In this article, we are going to take a look at where Tesla, Inc. (NASDAQ:TSLA) stands against other AI stocks on analysts’ radar. The recently imposed US sanctions on chip use have angered China. In recent news, the country has stated that it may take legal action against any individual or organization who are found assisting or implementing U.S. measures that advise companies against using their advanced semiconductors. According to the U.S. published guidance, companies risk violating export controls if found using Ascend AI chips from Shenzhen-based Huawei. In response, China’s commerce ministry said there could be “corresponding legal liabilities” against those involved in implementing U.S. measures and that it constitutes “discriminatory restrictive measures” against ******** firms. READ ALSO: 10 AI Stocks Investors Are Watching Today and 15 AI Stocks Surging on News and Analyst Ratings. The sanctions are seemingly a new strategy adopted by the US to curb China’s progress in the AI arms race. The world is yet to watch the success of this strategy as opposed to the AI diffusion rule imposed earlier, which the world came to know had failed miserably after the arrival of DeepSeek. Even Jensen Huang has deemed the AI diffusion rule to be a failure. “All in all, the export control was a failure. The fundamental assumptions that led to the AI diffusion rule in the beginning, in the first place, has been proven to be fundamentally flawed.” In fact, the sales block advanced AI chips to China, forcing companies to buy semiconductors from ******** designers. It also pushed the country to invest aggressively in a robust supply chain that doesn’t rely on manufacturers outside the country. For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Tesla (TSLA) Gets $410 Target, Morgan Stanley Says ‘Muskonomy’ Is the ******* Story Number of Hedge Fund Holders: 126 Tesla, Inc. (NASDAQ:TSLA) is an automotive and clean energy company that leverages advanced artificial intelligence in its autonomous driving technology and robotics initiatives. Morgan Stanley reiterated the stock as “Overweight” with a $410 price target. The firm said it’s standing by top pick Tesla. According to the firm, upcoming developments are likely going to boost investor confidence in Tesla’s role beyond automotive manufacturing. The analysts are optimistic about ’Muskonomy,’ a term which refers to the economic ecosystem surrounding Elon Musk’s ventures. Story Continues The rating reaffirmation follows Tesla CEO Elon Musk’s interview by CNBC’s David Faber at the Giga Texas facility in Austin. The firm noted the rarity of such interviews by Musk and also how insights from Musk could help steer the company’s future direction. “We believe events between now and year-end will go some way to convince investors that Tesla is more than a car company. In many ways, we believe Tesla’s role in the ‘Muskonomy’ is more important than ever before.” Overall, TSLA ranks 5th on our list of AI stocks on analysts’ radar. While we acknowledge the potential of TSLA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TSLA and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Source link #Tesla #TSLA #Target #Morgan #Stanley #Muskonomy #******* #Story Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Trump administration ‘unquestionably’ violated court order with possible deportation flight to South Sudan, judge rules – CNN Trump administration ‘unquestionably’ violated court order with possible deportation flight to South Sudan, judge rules – CNN Trump administration ‘unquestionably’ violated court order with possible deportation flight to South Sudan, judge rules CNNJudge Finds U.S. Violated Court Order With Sudden Deportation Flight to Africa The New York TimesJudge says Trump administration violated court order on third-country deportations NPRDHS exposes crimes by migrants deported to South Sudan as judge threatens to order their return Fox NewsAnother Activist Judge is Protecting Criminal ******** Immigrant Monsters The White House (.gov) Source link #Trump #administration #unquestionably #violated #court #order #deportation #flight #South #Sudan #judge #rules #CNN Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]

Starmer’s ‘U-turn’ and Trump ‘ambush’ Starmer’s ‘U-turn’ and Trump ‘ambush’ 11 minutes agoShareSaveShareSave Sir Keir Starmer’s winter fuel “U-turn” dominated Thursday’s papers. The Times says pensioners now face waiting more than a year to have winter fuel payments reinstated after “one of the biggest” walk backs of the PM’s tenure. Also making the spotlight is Donald Trump’s “ambush” of South African president Cyril Ramaphosa. The paper describes the US leader confronting him with a video which he said “proved” white farmers in South Africa were being “murdered” and “their land confiscated”. “Starmer makes U-turn on winter fuel payments” leads the Financial Times as it reports on the PM’s backtrack of cuts to winter fuel payments for pensioners. The paper says Sir Keir has “bowed to pressure from Labour MPs” after the party suffered a series of “humiliating” defeats in local elections this month. “Trump rounds on Ramaphosa” headlines the paper’s coverage of the US president’s meeting with his South African counterpart. Sir Keir’s “partial climbdown” on winter fuel payments also leads the Guardian’s front page. The paper says the government’s U-turn “will help to head off a growing backbench rebellion” over its £5bn ******** cuts next month. “Trump in ‘white genocide’ ambush” is also featured, paired with a photo of President Trump holding up photos to the press as the South African president looks on. “Keir: we get it” rounds out the Mirror’s coverage of the PM’s backtrack on winter fuel payments. The paper also emphasises that pensioners must wait until October to find out if they qualify under the new rules. And “finally” encapsulates Tottenham overcoming a 17-year drought to win the Europa League. The Daily Express says “fight for fuel pay for all not over” as it reports that Conservative Party leader Kemi Badenoch has vowed to keep fighting for pensioners after Labour’s U-turn. Spurs’ “£100m glory” is also celebrated. The Metro says the prime minister has been “boxed in” by members of his own party on winter fuels. The paper also teases its Cannes Film Festival coverage, “ScarJo’s debut and Spacey’s back” alongside photos of actors Scarlett Johansson and Kevin Spacey. The Daily Telegraph reveals Deputy Prime Minister Angela Rayner urged Chancellor Rachel Reeves to consider restricting access to the state pension for “recently arrived immigrants”. The paper says it has seen a secret memo which suggests “a power struggle at the heart of the Cabinet”, with Rayner “straying from her brief in an attempt to change economic policy”. Also on the front page is a story about the PM who is due to “sign away Chagos Islands at a cost of £9bn”. Chancellor Rachel Reeves is “open to new wealth taxes” to avoid further borrowing, the i Paper reports. The paper says Reeves does not disagree with Angela Rayner on the principle of taxing the wealthiest despite rejecting the deputy PM’s leaked list of suggested tax hikes. Elsewhere, Tottenham’s victory over Man United is summed up by words from head coach Ange Postecoglou: “I always win things in my second year”. “Reeves reeling from triple blow” declares the Daily Mail as it recounts what it calls a “humiliating day” for the Chancellor. The paper sums up Wednesday’s flurry of announcements as “open warfare in the Cabinet”. The Daily Star leads with a plea from Jay Slater’s mother after two of the teen’s friends were missing from his inquest on Wednesday. Finally, “Paedos to be castrated” blasts the Sun as it reports that Justice Secretary Shabana Mahmood’s is looking into making the chemical castration of paedophiles and rapists mandatory. Sign up for our morning newsletter and get BBC News in your inbox. Related Internet Links Daily Express Daily Mail Daily Mirror Daily Star Daily Telegraph Financial Times Guardian Independent Metro Sun The i Times Source link #Starmers #Uturn #Trump #ambush Pelican News View the full article at [Hidden Content]

Sean Darcy: Walyalup (Fremantle) won’t play at any level this weekend after pulling up sore from training Sean Darcy: Walyalup (Fremantle) won’t play at any level this weekend after pulling up sore from training Sean Darcy has been ruled out of a potential Dockers return this weekend, with the AFL club set to take a conservative approach with the ruck star after he pulled up sore from Wednesday’s training session. Source link #Sean #Darcy #Walyalup #Fremantle #wont #play #level #weekend #pulling #sore #training Pelican News View the full article at [Hidden Content]

Senate Republicans push to block California's phase out of gas-powered cars Senate Republicans push to block California's phase out of gas-powered cars Senate Republicans push to block California’s phase out of gas-powered cars Source link #Senate #Republicans #push #block #California039s #phase #gaspowered #cars Pelican News View the full article at [Hidden Content]

Trump, South African president clash over disputed White genocide claim Trump, South African president clash over disputed White genocide claim Trump, South African president clash over disputed White genocide claim – CBS News Watch CBS News Differences between President Trump and South African President Cyril Ramaphosa came to a head in a tense exchange in the Oval Office, as Mr. Trump confronted him over whether White genocide is taking place in South Africa. Mr. Trump has singled out White Afrikaner farmers for U.S. refugee status, claiming they’re persecuted in South Africa. But many people there say it’s simply not true. Weijia Jiang and Debora Patta have more. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link #Trump #South #African #president #clash #disputed #White #genocide #claim Pelican News View the full article at [Hidden Content]

Asia-Pacific stock markets live updates: New Zealand budget 2025 Asia-Pacific stock markets live updates: New Zealand budget 2025 Emerging markets said to see the next bull run as the ‘sell U.S.’ narrative gains ground Emerging markets stocks are in the spotlight again as the “sell U.S.” narrative gains fresh momentum, following Moody’s recent downgrade of the U.S. credit rating. The Bank of America heralded emerging markets as “the next bull market” recently. “Weaker U.S. dollar, U.S. bond yield top, China economic recovery…nothing will work better than emerging market stocks,” Bank of America’s team, led by investment strategist Michael Hartnett, said in a note. Similarly, JPMorgan upgraded emerging market equities from neutral to overweight on Monday, citing thawing U.S.-China trade tensions and attractive valuations. Read the full story here. —Lee Ying Shan Stocks close lower Wednesday Stocks closed lower Wednesday afternoon. The Dow Jones Industrial Average lost 816.80 points, or 1.91% to 41,860.44. The S&P 500 shed 1.61% to 5,844.61. The Nasdaq Composite slid 1.41% to 18,872.64. — Sarah Min Crypto stocks climb as bitcoin hits a record high Romain Costaseca | Afp | Getty Images Bitcoin broke through its January high-water mark to set a new record above $109,000 on Wednesday, helping fuel a rally in crypto-related stocks. Shares of Coinbase were up 2.7% on the day, while brokerage stock Robinhood climbed 1.5%. MARA Holdings jumped more than 4%. Bitcoin’s high for the day is $109,500, according to Coin Metrics. Stock Chart IconStock chart icon Bitcoin hit a record high on Wednesday. Source link #AsiaPacific #stock #markets #live #updates #Zealand #budget Pelican News View the full article at [Hidden Content]

Trump meets House Republican hard-liners to hash out budget bill – BBC Trump meets House Republican hard-liners to hash out budget bill – BBC Trump meets House Republican hard-liners to hash out budget bill BBCGOP meetings this evening could determine the fate of Trump’s domestic policy bill CNNJohnson attempts to advance Trump’s massive tax break bill AP NewsHouse Freedom Caucus heading to White House after delay play on Trump’s ‘big, beautiful bill’ Fox NewsTo save Trump’s ‘one big, beautiful bill,’ Republicans disregard the math The Independent Source link #Trump #meets #House #Republican #hardliners #hash #budget #bill #BBC Pelican News View the full article at [Hidden Content]

Wesfarmers tips $60m loss at Covalent Lithium joint venture with SQM, expects more pain ahead Wesfarmers tips $60m loss at Covalent Lithium joint venture with SQM, expects more pain ahead Wesfarmers has revealed it expects to book a $60 million loss for its share of the Covalent Lithium joint venture this year as it concedes prices for the key battery metal will remain depressed in the short term. And it warned investors that figure could climb even high in 2025-26. But the retail conglomerate — which holds an equal share of the $2.6 billion joint venture along with Chile’s SQM — told analysts at an investor briefing day in Sydney on Thursday that it expects demand to remain strong over the medium to long term. Covalent runs the Mt Holland mine south of Southern Cross and is building a lithium hydroxide refinery at Kwinana. Wesfarmers told analysts that global electric vehicle penetration was forecast to increase from 19 per cent in 2024 to 41 per cent over the next six years, and that new supply would be required “to meet anticipated strong long-term demand”. But it acknowledged new global lithium projects coming on line were holding back a price rebound. Prices of the spodumene concentrate produced by WA miners to power EV are yet to show any meaningful signs of improvement and remain more than 90 per cent off their late 2022 peak. The prevailing price is currently $US690 a tonne, according to Shanghai Metals Market, down about $US130/t in the space of a month and continuing a broad decline over the past two years. Wesfarmers also pointed to the global upheaval caused by President Donald Trump’s war on tariffs as a potential threat to a price recovery. ”The full impact of US tariffs on the battery value chain is unknown and creates uncertainty in the short term,” it said. Wesfarmers’ share of output from Mt Holland this financial year is set to come in at about 140,000 to 150,000 tonnes as the plant ramps up to nameplate capacity. It said the following financial year would be one of transition, with higher unit costs expected as the lithium hydroxide refinery at Kwinana ramps over an 18-moth ******* after first product. The refinery is now 88 per cent complete and commissioning is due to start by the middle of this year. “At current subdued pricing, losses in FY26 are expected to be greater than FY25, impacted by the timing of ramp up and product qualification,” it said. Wesfarmers will be hoping to avoid the problems that have held back production of its neighbour. IGO’s refinery has been plagued by technical problems for years and chief executive Ivan Vella earlier this month conceded the miner was running out of patience with the project it shares with Tianqi. IGO and Tianqi in January aborted expansion works at Kwinana and shortly after crossed out $525m of the refinery’s book value. The operation incurred a net earnings loss of $161.1m for the first half of the 2025 financial year. Mr Vella said the battery metals producer “cannot continue to just spend money” at the Kwinana refinery “without a clear path of where that takes us economically”. Source link #Wesfarmers #tips #60m #loss #Covalent #Lithium #joint #venture #SQM #expects #pain #ahead Pelican News View the full article at [Hidden Content]

Boeing increases 737 production pace as quality, safety culture improves Boeing increases 737 production pace as quality, safety culture improves By Dan Catchpole SEATTLE (Reuters) -Boeing expects to stabilize 737 MAX production at 38 airplanes a month over the next couple of months, its Commercial Airplanes Vice President of Quality Doug Ackerman told reporters on Tuesday. The U.S. Federal Aviation Administration capped output at 38 airplanes a month after a mid-air panel blowout in a nearly new 737 in January 2024. Prior to that, monthly production of its best-selling airplane had bounced between the teens and the thirties but Boeing struggled through a series of crises and controversies that have battered its finances, strained employee morale and shredded public trust. After losing nearly $12 billion last year, the U.S. planemaker needs to increase 737 production to bring in more cash. The company is on track to produce about 38 of the popular single-aisle airplanes this month, two sources familiar with the matter told Reuters. A Boeing spokesperson declined to comment on the production rate for May. Boeing chief executive Kelly Ortberg previously said that the company needs to prove it can maintain production at that level for several months before it asks the FAA to lift the cap. Once production is running smoothly, the company would also resume work on adding a fourth production line, Ackerman said. Boeing is making steady progress on all six production quality and safety metrics created by the company and regulators, according to its annual Chief Aerospace Safety Officer Report, which was released on Wednesday. Safety concerns submitted by employees to the company’s Speak Up reporting system rose by 220% from 2023 to 2024, according to the report. Ongoing changes continue to make the program more effective, Chief Aerospace Safety Officer Don Ruhmann said during the media briefing on Tuesday. For example, safety concerns are now evaluated by managers from other sections who are more likely to be impartial, rather than those who oversaw the work in question. Boeing is also using machine learning to catch quality problems in its supply chain before they become widespread. While it is still “fine tuning” the approach, it is seeing statistical correlations between the data and the likelihood of supply chain issues, Ackerman said. (Reporting by Dan Catchpole in Seattle and Allison Lampert in Montreal; Editing by Kirsten Donovan) Source link #Boeing #increases #production #pace #quality #safety #culture #improves Pelican News View the full article at [Hidden Content]

Indianapolis Colts owner and CEO Jim Irsay dies at 65 – ESPN Indianapolis Colts owner and CEO Jim Irsay dies at 65 – ESPN Indianapolis Colts owner and CEO Jim Irsay dies at 65 ESPNColts owner Jim Irsay dies at 65 NBC SportsLongtime Indianapolis Colts owner Jim Irsay dies at 65 Yahoo SportsColts owner Jim Irsay passes away Fox 59Jim Irsay, longtime Indianapolis Colts owner, dies at 65 CNN Source link #Indianapolis #Colts #owner #CEO #Jim #Irsay #dies #ESPN Pelican News View the full article at [Hidden Content]

‘Had a shocker’: Premier Chris Minns concedes Sydney trains service not up to scratch ‘Had a shocker’: Premier Chris Minns concedes Sydney trains service not up to scratch NSW Premier Chris Minns has conceded “we have got to do better” after Sydney trains were again disrupted and commuters were left to deal with lengthy delays. Mr Minns acknowledged that consistent delays and outages to Sydney’s train network were not good enough after a train’s rooftop power connecter became tangled with overhead powerlines at Strathfield station at 2.30pm on Tuesday, bringing down an electrical cable and, subsequently, most of the metro service. Camera IconCommuters have faced long delays. Supplied Credit: SuppliedCamera Icon… and long queues. Supplied Credit: Supplied After two days of chaos, trains were “running to a normal timetable” on Thursday morning. On Wednesday, Mr Minns promised that commuters would travel for free on Monday, May 26 as a concession for the inconvenience. He also confirmed a “short and sharp” independent review of the train network would be conducted after the major disruptions and lack of communication. Camera IconNSW Premier Chris Minns said Sydney’s train disruptions were ‘not good enough’. NewsWire / Nikki Short Credit: News Corp Australia On Thursday morning, Mr Minns conceded that “we’ve had a shocker” and acknowledged that the government had let down Sydney commuters. “I think the commuting public has been sick of the service that hadn’t been provided,” he said in an interview on ABC. “It’s a basic requirement of the state government to get people to and from work on time, and we haven’t been doing it. We’ve got to do better.” Camera IconIt wasn’t easy getting home. Supplied Credit: Supplied Mr Minns said two main issues that needed to be addressed were punctuality and communication. “Sometimes there’s a major disruption to the network and it’s easier for families to organise their lives if the news comes through at 6pm rather than 6am,” he said. “I know we’re on a short leash and we’ve got to do better.” Source link #shocker #Premier #Chris #Minns #concedes #Sydney #trains #service #scratch Pelican News View the full article at [Hidden Content] For verified travel tips and real support, visit: [Hidden Content]