Headline News from The Associated Press
AP Headline News - Mar 07 2024 21:00 (EST)
AP News, I'm Kaya Punjwani President Biden is beginning to make a state of the union address now. AP Correspondent Sagar McGonney reports the president will take an implicit shot at his predecessor and likely November challenger in tonight's dress. In excerpts released by the White House, the president says his life has taught him to embrace freedom and democracy, to respect everyone and reject hate. He'll say some other people my age see a different story. An American story of resentment, revenge and retribution. That likely frames a rematch with Donald Trump and serves another purpose. With many Americans concerned about the 81 year old president's age, it notes Trump at 77 is not young either. Sagar McGonney at the White House. A federal judge has denied Donald Trump relief from a defamation judgment. AP Correspondent Mike Hempen has more. The federal judge who oversaw a New York defamation trial that resulted in an $83 million award to a magazine columnist who says Donald Trump raped her has refused to reduce the award. Judge Lewis Kaplan says he won't delay deadlines for posting a bond that wouldn't share a writer e-gene Carol can be paid if the award survives legal appeals. Trump's lawyers have challenged a judgment saying there is a strong possibility it would be reduced or eliminated on appeal. In his order, Kaplan noted that Trump's lawyers waited 25 days to seek to delay when a bond must be posted. The judgment becomes final Monday. I'm Mike Hempen. The father of a school shooter in Michigan was on trial today for his son killing four people and injuring seven in 2021. Oakland County Assistant Prosecutor Mark Keith says this case is not about bad parenting. Is that illegal to be if they have parents? This is AP News. In a debriefing with the U of all these city council, police response investigator Jesse Prado says the U of all these police officers were hindered by the lack of communication in training. I don't believe they've ever been to any extensive breaching classes. I don't believe well, they had not practiced since before COVID when this occurred. That audio courtesy of K S E T T V in a Senate banking committee hearing federal Reserve chairman Jerome Powell says revisions are coming to propose regulations called the Basel Three Endgame, a global initiative aimed at forcing large banks to create reserves to protect against major losses were well aware of and very focused on those issues. We haven't decided what to do about that yet, but we get it on those issues in terms of process. We're not at the stage of making that decision. I will say if it turns out to be appropriate when we get to that point for us to repurpose parts or all of the thing, then we won't hesitate to do so. I'm happy in 20 AP News. This episode is brought to you by Etsy, so you need to get an amazing gift. Wait, no, the perfect gift and it needs to say I'm a thoughtful person and I appreciate you and I know exactly what you like all at the same time. Well, Gift Mode on Etsy is here to take the stress out of gifting, so you can find the perfect item for anyone and any occasion. It's easy to find gifts made by independent sellers for all the people in your life, like the pickleballer, the jazz fan, or the pasta lover from 90s nostalgia and mixology to reality TV and gaming. There's something for everyone on Etsy, whether it's a birthday, an anniversary, a holiday, or even just a day to say thank you. Gift Mode on Etsy has you covered. Need to find the perfect gift? Don't panic. Get a gift mode on Etsy now. Hey, y'all, I'm Adrian and I just used a self-directed IRA to buy shares in my buddy's tech startup. Behold, Adrian, not your typical retirement planner. I just wanted to diversify and invest in local companies. OMG, Adrian invested pre-IPO. Yeah, new direction trust company helped me open an account and I directed the investment myself. Freedom! Exactly. Can your IRA invest in private equity? New direction? The answer is yes. Learn more at NDTCO.com. Elevate every morning with Tommy John's second-scan underwear. The luxurious support of second-scan guarantees, everything will go smoothly. With over 20 million pairs sold and thousands of five-star reviews, guys love Tommy John. Plus, your most valuable assets are covered with Tommy John's best pair you'll ever wear or it's free guarantee. Get 20% off your first order at tommyjohn.com/spotify. Save 20% at tommyjohn.com/spotify. See site for details. Hello, Saver! Whether you're saving for that trip to the tropics or saving for an emergency, now is the time to take advantage of Wells Fargo's savings options. Wells Fargo offers savings accounts that can help you save towards your goals. So, what are you saving for? Visit a Wells Fargo branch or Wells Fargo.com/save to open a savings account today. Wells Fargo Bank, NA member FDIC. (upbeat music)