Good Morning! On this date in 2005, Former FBI Assistant Director W. Mark Felt was identified as “Deep Throat,” the secret source who helped unravel the Watergate scandal.
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Trump Found Guilty by New York Jury
A New York jury found former President Donald Trump guilty on 34 counts of falsifying business records, making him the first president to be prosecuted and convicted of a felony.
The verdict came after less than 12 hours of deliberation. Trump addressed reporters immediately after, saying he was innocent and the real verdict would come on Nov. 5 when people vote for president.
Trump remains free and won’t face any travel restrictions—at least until sentencing, which is scheduled for July 11.
His lawyers will likely seek a probationary sentence while they appeal the case. If that first appeal fails, he can appeal further to the state’s highest court, which could take another year.
SCOTUS Rules 9-0 in Favor of NRA
The Supreme Court unanimously ruled Thursday in favor of the National Rifle Association, saying the group could sue a New York state official for violating the NRA’s First Amendment rights.
The opinion, written by Justice Sonia Sotomayor, vacated a lower court’s ruling that dismissed the NRA’s 2018 lawsuit against Maria Vullo, a former superintendent of New York’s Department of Financial Services.
The organization claimed Vullo coerced banks and insurers to blackball the NRA in the wake of the 2018 Parkland High School shooting.
Thursday’s ruling found that the NRA “plausibly alleged” Vullo selectively wielded her power to punish or suppress the organization’s speech, and it cleared the way for the gun rights group to continue to argue its case in the lower courts.
Israel Takes Control of Gaza Border
Israel’s military has taken control over the Gaza Strip’s entire land border, including the buffer zone separating the enclave from Egypt, as it deepens its assault on Rafah.
U.S., Israeli, and Egyptian officials plan to meet next week in Cairoto discuss strategies for securing that border and reopening it for aid shipments while preventing Hamas from smuggling weapons across it.
Israel meanwhile continued to investigate the strike that killed scores of civilians in a camp in Rafah. Military officials say Israel used the smallest bombs their jets can carry and that the fire may have been caused by the explosion of a Hamas ammo dumpnearby.
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➤ Senator Joe Manchin said Wednesday he will not enter the West Virginia governor’s race, ending speculation the retiring senator might be considering a last-minute bid for his old job. (More)
➤ Chief Justice John Roberts declined to meet with Senators Dick Durbin and Sheldon Whitehouse to discuss their demand that Justice Samuel Alito recuse himself from upcoming Supreme Court cases. (More)
➤ Robert De Niro’s chaotic news conference outside Donald Trump’s trial Tuesday caused the National Association of Broadcasters to rescind the Service to America Award it planned to give the actor next week. (More)
➤ Iranian leader Ayatollah Ali Khamenei praised anti-Israel student protestors on American campuses, telling them that they’ve created a branch of the “Resistance Front” against the Jewish state. (More)
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➤ Nelly Korda found the water hazard three times at the 12th hole in the U.S. Women’s Open Thursday, giving the No. 1 golfer a 10 on the par 3. (See Video)
➤ The New York Mets cut pitcher Jorge López following a Wednesday night outburst that saw the reliever throw his glove into the stands and give a profanity-laced postgame interview. (See Video)
➤ The French Open has banned alcohol in the stands at the Grand Slam tournament after players called out fans for rowdy behavior, including gum spitting and abusive language. (More)
➤ The 2024 Women’s College World Series began Thursday in Oklahoma City with an eight-team field, including the University of Oklahoma, which will attempt to win its third-straight national championship. (Live Updates)
➤ FlightPath is the tournament-legal golf tee with a revolutionary design that helps you effortlessly hit longer, straighter drives. Maybe there is hope for your golf game after all! (See It Here)
Daily Market Report 05/30/2024
▼
NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations
16,737.08
-1.08%
▼
SPX S&P 500
5,235.48
-0.60%
▼
DJI Dow Jones Industrial Average
38,111.48
-0.86%
▲
BTC Bitcoin
$68,462.20
+1.31%
▲
GOLD Per Ounce
$2,364.40
+1.03%
▲
SMMT Summit Therapeutics Inc.
$10.92
+272.06%
➤ Big Stock Move: Summit Therapeutics stock nearly tripled on Thursday on news that its new cancer-treatment candidate outperformed the successful drug Keytruda. (More)
➤ Kohl’s stock plunged 23% on Thursday after the company surprised investors by posting a loss when a slight profit was expected. It was the company’s biggest single-day percentage decline ever. (More)
➤ U.S. pending home sales fell to their lowest level in three years in April, and the overall level of sales activity was the lowest since 2020. Analysts say high mortgage rates are to blame. (More)
➤ Cracker Barrel announced plans to update their restaurants with new pricing, remodeling of the interiors, and new menu items, including green chili cornbread, slow-braised pot roast, and shepherd’s pie. (See Details)
Dear Flyover Reader,
Did you watch the Trump verdict coverage yesterday?
As I flipped through the networks, it sounded like they were talking about two different stories. The bias levels were through the roof, and they’re only going to get higher in the run-up to the election.
No matter how crazy things get, we plan on doing the same thing we always have: tell the truth.
If you’d like to help us do this, would you make a donation? The Flyover is growing quickly, and we depend on the support of our readers to match our growing costs.
Whether or not you can donate, we appreciate you! Thanks for reading The Flyover and telling your friends about us.
➤ Scientists are labeling new super-massive black holes as “Death Stars” for the way they spin and emit planet-killing plasma beams, similar to the space station in Star Wars. (See Video)
➤ Gravity Industries showed off the rapid response and rescue capabilities of its jet suit by completing a 2.5-hour mountain hike in two minutes. (See Video)
➤ A 150-million-year-old fossilized stegosaurus skeleton, the most complete and best-preserved specimen ever discovered, is expected to fetch $6 million at auction this summer. (See Images)
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➤ A Cleveland man is being hailed as a hero for twice running through thick smoke and heavy flames to save a baby. On his second try, he managed to grab the baby’s leg and pull the child to safety. (See Video)
➤ A bride, paralyzed from the waist down, surprised her fiance at their wedding by ditching her wheelchair and walking down the aisle with help from her father. (See Photos)
➤ A 73-year-old man survived five days in the wilderness after his raft flipped over in the Idaho River. Despite a leg injury, he made his way forward day by day until two people spotted him in the snow. (See Photo)
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➤ A Michigan man attended a virtual Zoom court hearing over a suspended license while driving a car, causing the judge to smile and laugh in disbelief. (See Video)
➤ A dashboard camera captured the moment a gold Lexus crashed into a Los Angeles County deputy’s patrol car, sending the police cruiser spinning and flipping through the air. (See Video)
➤ Moonlight and mist from waterfalls produced rare lunar rainbows at California’s Yosemite National Park, one of the few places in the world where nighttime rainbows can be viewed. (See Video)
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Trump Found Guilty by New York Jury
Daily Market Report 05/30/2024
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