SAN FRANCISCO (AP) — California Gov. Gavin Newsom has sued Fox News over alleged defamation, saying the network knowingly aired false information about him over a phone call he had with President Donald Trump around the time the National Guard was sent Los Angeles. The lawsuit filed Friday alleges Fox News anchor Jesse Watters lied…… MORE
Sean ‘Diddy’ Combs’ Lawyer Mocks Sex Trafficking Case In Closing, Calls Charges ‘Badly Exaggerated’
NEW YORK (AP) — Sean Diddy Combs’ defense lawyer says the government “badly exaggerated” its evidence against the music mogul. Defense lawyer Marc Agnifilo says prosecutors twisted Combs’ swinger lifestyle, drugs and threesomes into a racketeering conspiracy. Agnifilo spent several hours Friday trying to convince the New York jury to exonerate his 55-year-old client of…… MORE
Trump Says He’s Ending Trade Talks With Canada Over Its ‘Egregious’ Tax On Technology Firms
WASHINGTON (AP) — President Donald Trump says he’s suspending trade talks with Canada over its plans to continue with its tax on technology firms. Trump said Friday that Canada had informed the U.S. it was sticking to its plan to impose the tax set to take effect Monday. The Republican president calls it an “egregious…… MORE
Big Banks All Pass The Federal Reserve’s Stress Tests, But The Tests Were Less Vigorous This Year
NEW YORK (AP) — The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe economic downturn. The tests, announced Friday, were less rigorous than in previous years, with milder assumptions about unemployment, real estate, and stock market declines. The Fed says the changes aim to reduce…… MORE
Supreme Court OKs Fee That Subsidizes Phone, Internet Services In Schools, Libraries And Rural Areas
WASHINGTON (AP) — The Supreme Court has upheld the fee added to phone bills to provide billions of dollars a year in subsidized phone and internet services in schools, libraries and rural areas. The justices Friday reversed an appeals court ruling that had struck down as unconstitutional the Universal Service Fund, the charge that’s been…… MORE