Author: potus

WASHINGTON (AP) — Republicans have hit a roadblock in an effort that could deter nonprofits, individuals and other potential litigants from filing lawsuits to block President Donald Trump over his executive actions. As Trump faces lawsuits nationwide, GOP lawmakers had sought to bar federal courts from issuing temporary restraining orders or preliminary injunctions against the federal government unless the plaintiffs post what in many cases would be a massive financial bond at the beginning of the case. The proposal was included in the Senate version of Trump’s massive tax and immigration bill, but ran into trouble with the Senate parliamentarian,…

The Super Micro Computer headquarters in San Jose, California, on Dec. 3, 2024.David Paul Morris | Bloomberg | Getty ImagesSuper Micro Computer shares fell about 10% on Monday after the server maker said it plans to offer $2 billion in convertible notes, maturing in 2030.A company’s stock often falls on the announcement of a convertible offering because the eventual conversion to equity could dilute existing shareholders’ stakes.Super Micro, which has seen its business boom due to soaring demand for Nvidia’s artificial intelligence processors, said in a press release that it plans to use the proceeds from the offering for “general…

WASHINGTON (AP) — The sequence of events is familiar: A lower court judge blocks a part of President Donald Trump’s agenda, an appellate panel refuses to put the order on hold while the case continues, and the Justice Department turns to the Supreme Court.Trump administration lawyers have filed emergency appeals with the nation’s highest court a little less than once a week on average since Trump began his second term, though the pace of new filings has slowed recently.The court is not being asked to render a final decision but rather to set the rules of the road while the…

Jakub Porzycki | Nurphoto | Getty ImagesFiserv is making a big entrance into the stablecoin market.The payments and fintech giant announced on Monday plans to roll out a new blockchain-based digital asset platform anchored by a U.S. dollar-pegged stablecoin called FIUSD — a product it hopes will bring thousands of banks and millions of merchants into the crypto economy by year’s end.The new offering is designed to plug directly into Fiserv’s sprawling global network, which already processes 90 billion transactions a year across 10,000 financial institutions and 6 million merchant locations. Shares closed about 4% higher Monday.By baking stablecoin support…

(The Center Square) – Georgia gas prices are up 10 cents from last week, just ahead of the July 4th holiday weekend when more than 2 million Georgians will take a road trip, according to AAA.The average cost for a gallon of regular unleaded gasoline is $2.96. While it’s 2 cents higher than last month, the price is 30 cents less than a year ago, the organization said.Gas prices rose last week as the conflict between Israel and Iran escalated. It’s not clear how the U.S. strike of nuclear targets over the weekend could affect fuel costs at home. Uncertainty also…

An Atlas V rocket of United Launch Alliance (ULA) lifts off from Space Launch Complex 41 at the Kennedy Space Center in Cape Canaveral, Florida on June 23, 2025. Gregg Newton | Afp | Getty ImagesAmazon’s second batch of Kuiper internet satellites reached low Earth orbit on Monday, adding to its plans for a massive constellation and ramping up competition with SpaceX’s Starlink.A United Launch Alliance rocket carrying 27 Kuiper satellites lifted off from a launchpad at the Cape Canaveral Space Force Station in Florida at 6:54 a.m. ET, according to a livestream.”We have ignition and lift off of United…

In February 2003, as U.S. Defense Secretary Donald Rumsfeld was arguing for a preemptive strike on Iraq, German Foreign Minister Joschka Fischer seemed to sum up the international community’s incredulity: “Excuse me, I’m not convinced.” The U.N. Security Council similarly doubted that Iraq’s weapons program posed an immediate threat and pushed for inspections to continue. Robin Cook resigned his cabinet position as leader of the U.K. House of Commons, saying that Iraqi leader Saddam Hussein was not a clear and present danger to Britain. Lawrence Eagleburger, who had previously served as U.S. secretary of state, stressed that war with Iraq was only legitimate if there was evidence that…

A Tesla Inc. robotaxi on Oltorf Street in Austin, Texas, on June 22, 2025.Tim Goessman | Bloomberg | Getty ImagesTesla’s Model Y robotaxi finally hit the road this weekend, sending shares of the electric vehicle maker up 10% on Monday.The EV giant debuted autonomous rides in Austin, Texas, on Sunday, opening the service to a limited number of riders by invitation only.Those invited included longtime Tesla fans, promoters and shareholders, many of whom generate income from posting Tesla- and Musk-related social media content on platforms including X and YouTube.CEO Elon Musk said in a post on his social network X…

(The Center Square) – Transportation energy prices skyrocketed over the weekend in North Carolina, with a gallon of unleaded regular gasoline up 6 cents on average in the past week.In some locations, the rise from Friday to Monday was 17 cents.The state’s $2.92 average remains 30 cents below the national average of $3.22, with the highest averages in central northern border counties and along the coast. One stretch with the lowest is from Fayetteville to the southeast toward South Carolina’s perennially lower costs.Combustion engine consumers, which make up more than 8 million vehicle registrations, are paying $3.53 on average for…

U.S. President Donald Trump speaks to the media upon arrival at Joint Base Andrews following a visit to North Carolina, in Maryland, U.S., June 10, 2025. Evelyn Hockstein | ReutersTrump Media & Technology Group, the parent company of Truth Social, Truth+, and the fintech platform Truth.Fi, said Monday its board has approved a stock buyback of up to $400 million.Trump Media stock rose about 3% on the news premarket.The Florida-based company, which trades under the ticker DJT on both Nasdaq and NYSE Texas, said the buyback could include both common stock and warrants, executed through open market transactions. All repurchased…