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submitted 15 hours ago* (last edited 15 hours ago) by MicroWave@lemmy.world to c/news@lemmy.world

SpaceX made the biggest stock market debut in history on Friday after nearly two and a half decades as a private company.

Public trading began around midday with a starting share price of $150, which quickly jumped by a double digit percentage and sent the company’s valuation above $2tn, where it remained through market close.

The company’s initial public offering made the company’s CEO, Elon Musk, the world’s first trillionaire.

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submitted 15 hours ago* (last edited 15 hours ago) by MicroWave@lemmy.world to c/politics@lemmy.world

President is first in US history to be impeached twice, over abuse of power and inciting an insurrection

Donald Trump is pressing Congress to erase one of the darkest chapters of his political career, urging Republicans to pass a resolution that would symbolically nullify the two impeachments he suffered during his first term in office.

The effort, first reported by the Wall Street Journal and confirmed by a White House official, would allow Trump to claim a symbolic victory on a key grievance from his first term. But experts say it would have little legal significance, since the constitution provides no procedure for undoing an impeachment.

Trump is the first president in US history to be impeached twice. The first case, in 2019, centred on allegations that he abused his power by pressuring Ukraine to investigate Joe Biden, a political rival. He was acquitted by the Senate in February 2020.

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submitted 16 hours ago by MicroWave@lemmy.world to c/politics@lemmy.world

Sources tell MS NOW that agents also fanned out across the state, showing up at staff members’ homes.

FBI agents on Thursday raided the Cleveland offices of the Ohio Organizing Collaborative, a pro-democracy organization that helps register voters in that state, three people briefed on the search told MS NOW.

Agents also fanned out across the state, showing up at the homes of the group’s leaders and staff members, carrying some subpoenas and seeking information and electronic devices, according to the three people briefed, two of whom spoke on the condition of anonymity to discuss a sensitive ongoing investigation. Members of the group contacted lawyers on Thursday to determine their legal options, the people said.

Prentiss Haney, a board member of the Ohio Organizing Collaborative, told MS NOW Thursday night that agents approached people with connections to the group, including some who had performed basic canvassing and volunteer work, and pressed them for information.

Agents were “basically trying to fish for information,” Haney said.

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submitted 18 hours ago by MicroWave@lemmy.world to c/politics@lemmy.world

Judge wants proof that top DOJ officials are ‘not moving forward’ with plans for an Anti-Weaponization Fund

A federal judge has indefinitely blocked Donald Trump’s administration from implementing a nearly $1.8 billion compensation fund for his political allies after officials claimed they were “not moving forward” with the plans.

Friday’s injunction from Virginia District Judge Leonie Brinkema extends a previous order that prevented the government from “taking any further action pursuant to the creation or operation of the Anti-Weaponization Fund” — including transferring money to it, considering any claims and mailing any checks while a legal challenge plays out.

Acting Attorney General Todd Blanche and the Department of Justice insisted the administration would follow the court’s order and abandon plans for the fund, but officials have also suggested that they are still looking for pathways to issue massive taxpayer-funded payouts to alleged “victims” of government “weaponization,” including January 6 rioters and close allies of the president.

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submitted 18 hours ago by MicroWave@lemmy.world to c/news@lemmy.world

A Venezuelan asylum seeker injured during an encounter with U.S. Immigration and Customs Enforcement (ICE) agents last month has submitted a sworn statement that contradicts the agency’s version of events.

Yerlys Moreno López said ICE agents forced her to the ground after a May 19 car chase and crash, breaking her knee and causing other injuries that required emergency surgery. The agency claims she sustained the injuries in the crash itself. Medical records submitted by her attorneys appear to support her account. At the hospital a few hours after the incident, Moreno López repeatedly told doctors that she was injured after getting out of her vehicle.

Moreno López’s injuries fuel concerns that ICE’s tactics have become increasingly violent during President Donald Trump’s second term. Another migrant, Mohamd Salim Abdessamed, was severely injured last week after an apparent ICE car chase.

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submitted 18 hours ago by MicroWave@lemmy.world to c/politics@lemmy.world

Plaintiffs said the “volcano of corruption, if allowed to go forward, will mark an inflection point in American history.”

A federal judge refused to halt the UFC Freedom 250 cage fights set for this weekend at the White House, despite a lawsuit that called the event a “volcano of corruption” that will mark “the first private, for-profit sporting event ever held on White House grounds.”

In a ruling on Friday, U.S. District Judge Amit Mehta, an Obama appointee, said he rejected the plaintiffs’ emergency application because they failed “to establish both a substantial likelihood of standing and irreparable harm, and because the equities and public interest weigh against emergency relief.”

The case was brought by activist Susan Douglas and Vietnam War veteran Paul Romano, who challenged the use of the Lincoln Memorial chamber and the South Lawn of the White House. Represented by the Public Integrity Project, they alleged that the event runs afoul of federal regulations and isn’t the purely patriotic display that Donald Trump and UFC head Dana White have portrayed.

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submitted 19 hours ago* (last edited 19 hours ago) by MicroWave@lemmy.world to c/politics@lemmy.world

The Washington National Opera has filed a lawsuit seeking more than $17 million from the John F. Kennedy Center for the Performing Arts, alleging the institution has refused to turn over funds that belong to the opera company following their separation earlier this year.

According to a lawsuit filed Thursday in the United States Court of Federal Claims and reported on Friday by The New York Times, the opera company claims the Kennedy Center has withheld money that includes endowment assets, donor contributions, and other funds collected on the opera’s behalf during the years the two organizations were affiliated.

“W.N.O. reluctantly files this case to preserve its future and to protect its donors and artists,” attorneys for the opera company wrote in court filings. The suit further argues that the disputed funds consist of donations accumulated over many years that are “critical” to the organization’s continued operations.

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submitted 22 hours ago* (last edited 22 hours ago) by MicroWave@lemmy.world to c/politics@lemmy.world

“While Susan Collins’ campaign is backed by billionaire donors, our campaign is built on a movement funded by the people, with an average donation of $26,” said Graham Platner’s campaign manager.

A new analysis of campaign finance data shows that nearly 100 billionaires and their spouses have contributed to Republican Sen. Susan Collins’ reelection bid so far, funneling nearly $10 million to the incumbent’s campaign committee and PACs supporting her effort to fend off progressive challenger Graham Platner.

The Maine Monitor on Thursday published a list of billionaires who have donated to Collins and Platner, who has called his Republican opponent a “corrupt” protector and beneficiary of an oligarchic political system.

The outlet noted that Collins’ billionaire donation total “stands in stark contrast with the fundraising of her opponent... whose campaign has mostly attracted smaller amounts of funds but from many more people.”

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submitted 23 hours ago by MicroWave@lemmy.world to c/health@lemmy.world

Desperate US parents pay up to $20,000 a session for a procedure scientists say could be bogus

Autistic children as young as 18 months old are being injected with human stem cells derived from umbilical cords in unapproved, unproven and potentially harmful “treatments” that scientists warn are proliferating across the US under the active encouragement of the US health secretary, Robert F Kennedy Jr.

Clinics in Florida, Texas and other states are selling what they bill as “regenerative medicine” to families with autistic children who have intensive care needs. Parents who have taken their children through the process talked to the Guardian about their hopes and fears for a therapy that appears to be gaining ground in the US.

The procedure, which can involve the child being sedated with ketamine before receiving intravenous doses of millions of stem cells, costs up to $20,000 each treatment. Families are often advised to return for regular top-ups.

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submitted 1 day ago* (last edited 1 day ago) by MicroWave@lemmy.world to c/world@lemmy.world

Ukraine has been using new mid-range drones to attack key bridges supplying Russia's rear forces from the south, and battlefield footage appears to show the tactic inflicting significant damage.

The country's 1st Separate Assault Regiment said it carried out the strikes over the last week on the Armyansk, Henichesk, and Chonhar areas, the three chokepoints between Crimea and the southern front.

Bridges in those areas, situated between 50 and 75 miles from the front lines, have been critical to the Kremlin's logistics routes to the Zaporizhzhia and Kherson regions.

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submitted 1 day ago* (last edited 1 day ago) by MicroWave@lemmy.world to c/world@lemmy.world

Ayoub Junaid, seven, given new pair but needs surgery as Gaza’s children remain unable to access treatment

A video of a seven-year-old Palestinian boy in Gaza who suffers from a severe visual impairment crying over his shattered glasses has drawn widespread attention across social and international media.

The footage of Ayoub Junaid has shone a light on the plight of the many visually impaired children in Gaza who, because of Israel’s blockade and the devastation caused by the war, have been unable to access eye examinations, corrective lenses or specialist ophthalmic surgery.

After the clip was viewed by tens of millions of people, Ayoub received a new pair of glasses. This good news, however, does not solve the underlying problem, as he urgently needs surgery.

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MicroWave

joined 3 years ago