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MADISON, Wis. (AP) — A plan to prevent Milwaukee from going bankrupt, struck between Republican lawmakers, leaders in the heavily Democratic city and Gov. Tony Evers, was expected to win bipartisan approval Wednesday in the Wisconsin Legislature. The measure is part of a larger deal reached with the Democratic governor and Republicans who control the Legislature that also includes spending more than $1 billion more on K-12 schools. Once approved…

Florida Governor Ron DeSantis called the new debt ceiling deal struck by President Biden and House Speaker McCarthy “totally inadequate” while on Fox and Friends on Monday.

A faked AI-generated image of an explosion near the Pentagon on May 22 actually moved the stock market. While it may be the first AI image to do so, it’s not the first time fake news has led to serious financial damages. Here are five times fake reports caused real dips in the stock market…

Cineworld is to exit bankruptcy in July, the world’s second largest cinema operator announced on Thursday.

Vice Media, a prominent digital media company that once held a valuation of $5.7 billion, filed for Chapter 11 bankruptcy on Monday, May 15. The company said its top lenders will provide about $225 million in credit bid for almost all of Vice’s assets and also assume significant liabilities at closing. Vice Media, which had…

Vice Media Group, the company popularly known for its websites such as Vice and Motherboard, said on Monday it had filed for Chapter 11 protection to facilitate its sale. The company said in a court filing that it listed both assets and liabilities in the range of $500 million to $1 billion.

The U.S. military successfully evacuated American government employees from the U.S. Embassy in Sudan’s capital, as infighting has killed hundreds of people in the country this month. And an American Airlines plane was forced to turn around mid-flight after one of its engines caught fire. These stories and more highlight the daily rundown for Monday,…