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Merit Street Media, the multiplatform network owned by former daytime talk show host Dr. Phil McGraw, has filed for bankruptcy less than two years after its launch. The television and entertainment company filed the motion for Chapter 11 protection on Wednesday in the U.S. Bankruptcy Court in the Northern District of Texas. The filing comes…
A new book contending that Apple Inc went too far in consolidating its operations in China is prompting debate among analysts of the country – some of whom say the company may have had no realistic alternatives. “If they were to have it to do over again, would they have done anything differently?” asked Meg…
State Department spokeswoman Tammy Bruce said Wednesday that Iran “must cooperate fully, without further delay” after President Masoud Pezeshkian signed a law suspending his country’s cooperation with the International Atomic Energy Agency (IAEA). Iran’s parliament had voted to suspend cooperation previously. Secretary of State Marco Rubio, left, and Defense Secretary Pete Hegseth attend an event…
Sean “Diddy” Combs will remain detained after a jury found him guilty Wednesday of transportation to engage in prostitution in his high-profile trial in New York City. The music mogul was acquitted of the more severe charges of racketeering conspiracy and sex trafficking. Judge Arun Subramanian said he denied bail for Combs because he disagreed…
A top Republican senator released FBI emails showing the bureau did not investigate evidence of Chinese interference in the 2020 election, favoring former President Joe Biden. Senate Judiciary Committee Chairman Chuck Grassley stated the FBI suppressed intelligence to protect then-Director Christopher Wray’s testimony that downplayed foreign meddling risks. Internal emails indicated FBI agents questioned the…
Rigetti Computing (RGTI 15.45%) stock is rocketing higher in Wednesday’s trading thanks to positive analyst coverage and a bullish backdrop for the broader market. The company’s share price was up 11.9% as of 3:15 p.m. ET. Meanwhile, the S&P 500 (^GSPC 0.47%) was up 0.4%, and the Nasdaq Composite (^IXIC 0.94%) was up 0.8%. Rising…
An Indonesian tourist who was sightseeing at The Peak in Hong Kong has been arrested after a tumbler fell out of his backpack and hit another visitor walking below. Police said they received a report at 12.16pm on Wednesday that a mainland Chinese woman had been hit by an unknown object at The Peak Tower…
After nearly two months of testimony, dozens of witnesses and mountains of evidence presented, jurors found Sean “Diddy” Combs not guilty of the three most serious charges against him and guilty of two lesser prostitution-related charges. Moments after the verdict was read, Combs fell to his knees and prayed in court, leaning on his chair. …
Republicans are on the brink of handing President Trump an enormous injection of money to fund his hard-line immigration agenda. The “big beautiful bill,” which is facing what could be its final legislative hurdle in the House of Representatives, includes roughly $170 billion in additional funding to supercharge Trump’s mass deportation efforts and ramp up…
Del Monte Foods, whose canned vegetables and fruit have long been a staple on grocery store shelves, announced Monday that it has filed for bankruptcy and will seek a buyer. The nearly 140-year-old company is entering Chapter 11 proceedings as part of a restructuring support agreement (RSA) with its lenders. “After a thorough evaluation of all available…