NEW YORK (AP) — Famed investor Warren Buffett is donating $6 billion worth of his company’s stock to five foundations. That brings the total he has given to them since 2006 to roughly $60 billion, based on their value when received. Buffett said late Friday that the shares of Berkshire Hathaway will be delivered on…… MORE
WASHINGTON (AP) — A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back on their spending. Prices rose 2.3% in May compared with a year ago, up from just 2.1% in April, the Commerce Department said Friday. Excluding the volatile food and energy categories,…… MORE
(WBAP/KLIF) – DALLAS, TX – When students return to Dallas ISD schools after summer break, they’ll have to leave their phones at the door. On Thursday night, the Dallas ISD school board approved a new code of conduct which includes a ban on cell phones, tablets, smart watches, and any kind of digital communication device.…… MORE
WASHINGTON (AP) — The Justice Department has fired at least three prosecutors involved in U.S. Capitol riot criminal cases, according to two people familiar with the matter. It’s the latest move by the Trump administration targeting attorneys connected to the massive prosecution of the Jan. 6, 2021, attack. Those dismissed include two attorneys who worked…… MORE
WASHINGTON (AP) — Senate Republicans appear to have President Donald Trump’s big bill back on track after a flurry of last-minute revisions. But there’s still a long way to go. Trump at first gave Congress some breathing room toward his Fourth of July deadline. But later the presdient insisted in a post they get it…… MORE
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
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
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
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
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
