Weinstein's Saba Capital sold holdings in SPAC as shares surged on Trump deal

Reuters
Asian stocks ease on uncertainty over timing of U.S. rate cuts
Asian stocks inched lower on Friday as traders pondered the near term U.S. monetary policy path after Federal Reserve officials suggested that interest rates may need to stay higher for longer even as inflation shows early signs of easing. Data on Wednesday showed cooling U.S. consumer price inflation, prompting markets to swiftly price in at least two rate cuts this year but the excitement soon fizzled out as the latest report showed the labour market remains tight, while central bankers were still cautious about inflation. Traders are pricing in 47 basis points of easing this year from the Fed, with a rate cut in November fully priced in.
TODAY
McDonald’s launches a $5 meal as Applebee’s and Chili’s swoop in on fast-food customers
McDonald’s is trying to lure customers back with meal deals while Applebee’s and Chili’s attempt to move in as fast-food prices rise to meet their menus.
NBC News
91-year-old Missouri man rescues fire department with $500,000 donation
A 91-year-old’s $500,000 donation has saved a tiny Missouri volunteer fire company from certain doom.
CNN
New York Times: Upside-down US flag flew at home of Justice Samuel Alito after 2020 election
An upside-down American flag – a symbol used by some supporters of former President Donald Trump who challenged the legitimacy Joe Biden’s 2020 victory – hung outside the home of Supreme Court Justice Samuel Alito after the election, The New York Times reported Thursday.
NBC News
Larry Hogan says he is 'pro-choice' and supports enshrining abortion rights into federal law
Former Maryland Gov. Larry Hogan, a Republican, is casting himself as "pro choice," a significant shift from his earlier position on abortion.
TODAY
Not all processed food is bad for you. A dietitian explains which kinds to eat — and to avoid
Data suggests that nearly 60% of the food we eat is considered heavily processed, is any of it healthy?
Associated Press
Justice Alito's home flew flag upside down after Trump's 'Stop the Steal' claims, report says
An upside-down American flag, a symbol associated with former President Donald Trump’s false claims of election fraud, was displayed outside the home of Supreme Court Justice Samuel Alito in January 2021, The New York Times reported Thursday. A photo obtained and published by the newspaper shows the flag flying on Jan. 17, 2021, days after Trump supporters stormed the U.S. Capitol on Jan. 6, 2021. The report could raise concerns about Alito’s impartiality as the court considers two major cases related to the attack, including charges faced by the rioters and whether Trump has immunity from prosecution on election interference charges.
NBC News
House passes Republican-backed bill designed to pressure Biden on delivering weapons to Israel
The Republican-led House passed a bill that would put restrictions on the president's ability to withhold weapons transfers to Israel in a vote that drew attention to a divided Democratic caucus on the war in Gaza.
Time
Students Celebrate at ‘The People’s Graduation’
Hundreds of students gathered at The Cathedral of Saint John the Divine on Thursday for 'The People's Graduation'
AFP
Dominican Republic to vote in poll dominated by Haiti crisis
Dominican President Luis Abinader is poised for a comfortable re-election on Sunday, analysts say, buoyed by support for his tough stance on migration from troubled neighboring Haiti."He is heading towards a comfortable re-election," Dominican political scientist Rosario Espinal told AFP. "He has known how to take measures that would add support for his re-election: subsidies, increased employment, the issue of Haitian migration."
AFP
Forced to give birth after rape, Honduran woman seeks UN remedy
On a November day in 2015, Fausia went to fetch water from a river near her home in rural Honduras.- Human rights violations - Every day in Honduras, three girls younger than 14 are "compelled to sustain pregnancies resulting from rape and become mothers," according to the CDR, citing health ministry data from 2022.
AFP
Reddit gives OpenAI access to its wealth of posts
OpenAI will have access to Reddit data for training its artificial intelligence models and will put its technology to work at the popular discussion platform, the companies said Thursday.OpenAI will access Reddit data in real-time, enhancing such content in ChatGPT and powering tools at the social media platform, the companies said.
CNN
Over 1 million power outages in Texas, most in Houston, as storms bring ‘life-threatening’ flood risk to Texas and Louisiana
Strong storms lashed parts of Texas with destructive winds and potentially dangerous flooding as power outages left more than 1 million homes and businesses in the dark across the state on Thursday, with the torrential storms pounding an already-soaked South.
NBC News
Trump trial Day 18 takeaways: Fireworks on the stand as finish line nears
Much of Thursday's court proceedings in Donald Trump's hush money trial were consumed by the defense cross-examining Michael Cohen, his former attorney and fixer.
AFP
Turkey court jails Kurdish leader for 42 years over 2014 unrest
A Turkish court on Thursday sentenced the former head of a pro-Kurdish party to 42 years in prison for his alleged role in deadly 2014 protests that erupted as Islamic State group jihadists overran the Syrian town of Kobane.The jihadists were driven out of Kobane in January 2015 by US-backed Syrian Kurdish fighters that Turkey officially views as terrorists.
NBC News
California bill that aimed to combat tween skin care overuse fails to move forward
A bill in California that aimed to ban the sale of anti-aging skin products to kids under 13 failed to advance in the state Assembly Thursday after being brought forward at an Appropriations Committee meeting.
Reuters
Tracking China's 'grey zone' balloon flights over Taiwan
About a month before Taiwan's January presidential election, China began sending intruders over the Taiwan Strait: more than 100 balloons, some of which passed through the island's airspace or busy, Taipei-controlled air corridors for civil aviation. Experts say the balloons could be psychological warfare, carry surveillance tools or simply gather meteorological data. In the week leading up to Taiwan's presidential election on Jan. 13, an average of three balloons were spotted each day.
USA TODAY
Spanish police seize largest amount of crystal meth ever from Mexican cartel
The leader of the cartel's operations in Spain was among the five people arrested. Officials also seized cash, abundant documentation, a detonating weapon and five vehicles.
Reuters
Google seeks non-jury trial in US ad tech lawsuit, filing says
Alphabet's Google in a court filing on Thursday is seeking a non-jury trial in the U.S. Justice Department's lawsuit accusing the advertising and search giant of anticompetitive practices in the online advertising marketplace. The Justice Department, which filed the advertising lawsuit in January 2023, alleged the company has abused its dominance of the digital advertising business and argued that it should be forced to sell its ad manager suite. Google said the Justice Department's request for a jury trial breaks "with all historical precedent" and noted the department itself has said the technical nature might be difficult for a prospective juror to understand.
USA TODAY
After three decades, a skeleton found in a Wisconsin chimney has been identified
The skeletal remains — along with clothing and a cross necklace — were found stuffed inside a Madison, Wisconsin, chimney in 1989.

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