Headline News from The Associated Press
AP Headline News - May 13 2024 11:00 (EDT)
"A.P. News, I'm A.P.'s Roni. Senator Bob Menendez has arrived at a federal courthouse for the start of a bribery trial which aided three New Jersey businessmen. In an A.P. interview, former federal prosecutor Niyama Ramani says Senator Bob Menendez's lawyers have said that they'll argue that his wife Nadine Menendez was the real culprit. "Two defenses that you typically see in cases are, I didn't know, and it wasn't me. And in this particular case, Menendez is going to use both and say that he did not know what his wife Nadine was doing until the extent that she was receiving a benefit, it was not something that he was involved with." Michael Cohen was once Donald Trump's fixer and lawyer. He's now taking the stand for Trump's ongoing hush money trial. The jury in his hush money trial was shown payments Cohen gave to Stormy Daniels in 2016 for $130,000. Money prosecutors say was to stay quiet about a sex encounter which Daniels told the jury about last week. Something Trump denies. Prosecutors say the crime was Trump paying that money back to Cohen. Entering court, Trump blasting the case. "This trial is rigged. It's dishonest. It's a disgrace for New York. It's a disgrace for the country. I should be out campaigning now." Joining Trump in court, his son Eric senators J.D. Vance and Tommy Tuberville along with representative Nicole Malia-Takis at Criminal Court in Manhattan, Julie Walker, New York. Wildfires are raging across western Canada. Ben Bogan from British Columbia Wildfire Service says fuel and wind conditions are right for extreme fire behavior. "This region has experienced multiple years of drought with a below normal snowpack this past winter. As a result of this, our forests in the Fort Nelson zone are very receptive to new fire ignitions and rapid rates of spread." This is AP News. Long call carrier Emirates announced today that it saw record profits of $4.7 billion in 2023. Here's the latest on today's financial markets. "I'm Seth Zutel, and this is markets in a minute. Stocks are ticking higher on Wall Street, adding to what's been a solid May following a rough April. The S&P 500 was up one-tenth of a percent in the first hour of trading Monday. The benchmark index is pulling a bit closer to the record high. It's set back in late March. The Dow was up 97 points. That's about two-tenths of a percent. The Nasdaq composite was also two-tenths of a percent higher. Stocks have rallied so far this month on revived hopes that inflation may ease enough to convince the Federal Reserve to cut its main interest rate later this year. A key test will arrive on Wednesday. That's when the government will release an update on inflation at consumer prices for April. Treasury old Z's in the bond market. The yield on the tenured treasury note fell to 4.47 percent. "I'm Hyup and Joani, AP News." Summer is meant to be easy. It's meant to be savored. So don't spend your summer weekend waiting in line for ice coffee. Satisfy your ice coffee craving in your own kitchen with Nespresso. Create consistently delicious ice coffee that's never watered down at the touch of a button. This summer, craft your own double espresso over ice or brew a smooth 12-ounce cold brew-style coffee over ice before you even leave home. Be your own barista, making exceptional ice coffee at home with Nespresso. Meant to be iced. Meant to be simple. Visit Nespresso.com. An official message from Medicare. A new law is helping me save more money on prescription drug costs. Maybe you can save too. With Medicare's Extra Help program, my premium is zero and my out of pocket costs are low. Who should apply? Single people making less than $23,000 a year or married couples who make less than $31,000 a year. Even if you don't think you qualify, it pays to find out. Go to ssa.gov/extrahelp. Paid for by the U.S. Department of Health and Human Services. So, uh, the quarterly projections are, um, in the red area there. And these numbers, I guess, should be higher. This doesn't make any sense. Wait, you're not even our finance director. Who are you? Oh, I'm the delivery driver. Anyone order the noodle bowl? We need a receptionist. No, we need sign-in app. From managing visitors to risk reduction and office scheduling, trust sign-in app for your confident workplace. Cloud Secure with App Convenience. Sign-in app keeps your office and business on track. Start for free at signinapp.com.