William Jackson
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Saks Fifth Avenue to acquire Neiman Marcus for $2.65 billion
In a significant move in the retail sector, the parent company of Saks Fifth Avenue is set to acquire competitor Neiman Marcus in a deal valued at $2.65 billion. The merger will create a new entity, Saks Global, which will also include Bergdorf Goodman locations. The new entity will also include real estate assets from both companies.… -
Biden to speak in first TV interview since debate amid calls to drop out
President Joe Biden prepares for his first TV interview following the June 27 debate. And history was made at Coney Island on July 4 with this year’s hot dog eating champions! These stories and more highlight The Morning Rundown for Friday, July 5, 2024. Biden to sit down for first TV interview since debate amid… -
Operation Lone Star: Texas’ $11 billion border security challenge
Texas continues to make strides in securing its southern border with Mexico, although at a significant cost. Gov. Greg Abbott committed to a large, state-funded border wall project as part of Operation Lone Star. Three years into the project, only 34 miles of the planned 1,254-mile wall have been completed. At the current rate, the… -
Photos show China expanding spy stations in Cuba, 1 near US naval base
New satellite imagery shows China may be expanding electronic spying stations in Cuba. The island is just 90 miles south of Florida, giving it an ideal position to monitor sensitive U.S. communications and maritime activity in the region. This latest development follows the Pentagon’s 2023 denial of a reported agreement between China and Cuba to… -
Supreme Court clears path for homeless bans in western states
The Supreme Court gave Western states the green light Friday, June 28, to ban homeless encampments on sidewalks and public spaces. It’s one of the most significant homelessness decisions in decades. The ruling in Grants Pass v. Johnson overturns a Ninth Circuit decision that blocked cities from enforcing penalties on the homeless. These penalties include… -
New ‘living skin’ advances humanoid robot technology
Humanoid robots aren’t just science fiction anymore; in fact, they’re almost ready to enter the workforce. Amazon has been exploring replacing some of its warehouse staff with robots, and Elon Musk is also considering the potential of robotic helpers. The latest developments come from scientists at the University of Tokyo, who have created a type… -
2 giant pandas from China headed to the US
The San Diego Zoo’s newest giant pandas are on their way from China, marking the first time Beijing is loaning pandas to the U.S. in two decades. It’s the beginning of a new era in “panda diplomacy.” Four-year-old male panda Yun Chuan and soon-to-be four-year-old female panda Xin Bao left China’s Sichuan province on Wednesday, June 26, for a… -
Severe flooding, erosion around Minnesota dam causes house collapse
Late Tuesday, June 25, a house on the edge of the Blue Earth River near Minnesota’s Rapidan Dam collapsed due to severe erosion caused by a partial failure of the dam earlier in the week. This incident occurred amid one of the area’s most severe floods on record. Despite the damage, officials confirm the dam… -
Video of Palestinian bound to Israeli military jeep sparks global criticism
In an incident that drew international criticism, a Palestinian civilian was tied to the hood of an Israeli military jeep. Footage from the West Bank shows Mujahid Abadi tied to the front of an Israel Defense Forces (IDF) vehicle, and U.S. officials said it appeared troops were using him as a human shield. In response,… -
Violent clashes in Kenya turn deadly as police fire on youth protesters
Kenyan security forces shot and killed multiple demonstrators in Nairobi on Tuesday, June 25, as anti-tax protests turned violent. Police fired live rounds on protesters outside of Kenya’s parliament building, reportedly killing at least 10 and injuring dozens. Amid the chaos, a section of the parliament building was set on fire. The demonstrators, rallying against… -
Hackers demand millions, halt operations at 15,000 US car dealerships
A cyberattack on Wednesday, June 19, impacted CDK Global, a major software provider for North American car dealerships. The attack caused widespread disruption, halting management tools at thousands of dealerships. The hackers, believed to be based in Eastern Europe, demanded tens of millions of dollars in ransom. The attack affected approximately 15,000 dealerships, disrupting an… -
Climate activists spray smoke, powder at PGA Tour’s Travelers Championship
Days after climate activists spray painted Taylor Swift’s private jets and Stonehenge to protest the use of fossil fuels, another group of protesters set out to get their message across. This time protesters chose to disrupt a golf tournament. “I was scared for my life,” golfer Akshay Bhatia said after finishing in a tie for fifth.… -
1,300 people die during Hajj pilgrimage amid high temps
People are experiencing extreme weather across the globe — including dangerous heat, which is taking a major toll in the Middle East at a time millions are visiting for a sacred religious journey for Muslims known as “Hajj pilgrimage.” More than 1,000 people have died during this year’s pilgrimage to Mecca in Saudi Arabia as temperatures…
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