Headline News from The Associated Press
AP Headline News - May 22 2024 11:00 (EDT)
AP News. Good morning. I'm Ed Donahue. The judge in the classified documents case against former President Donald Trump in Florida will hear more arguments today on dismissing the charges. The judge has indefinitely postponed the trial. Closing arguments are expected next week in New York in Trump's Hush Money trial. This is House Speaker Mike Johnson. This is clearly by design. These prosecutors in these various locations are clearly have coordinated with the Department of Justice in Washington. Everybody knows what's going on. Deaths have been reported from severe weather in Iowa. An exact number has not been released from the small town of Greenfield, Iowa. Rogue Paxton lives there. They got really, really loud. And we thought we lost our house, but we were lucky. Like everyone else is not so much. Like my brother Cody, his house just got white. Damage is also reported in parts of Illinois and Wisconsin. Iran's Supreme Leader presided over the funeral for President Abraham Raisi, the foreign minister and others who were killed in a helicopter crash. Ayatollah Ayahumani began the service at Tehran University by reciting prayers on top of Raisi's casket. Following of Hamani's service, the coffins were loaded onto a semi-truck and a procession held through the streets of the city down the Freedom Square where Raisi had given speeches in the past. Iran's theocracy has declared a period of mourning, encouraging people to attend public mornings, many attend en masse, while others take part out of patriotism. For Iran's Shiite theocracy, mass demonstrations have been crucial for demonstrating the legitimacy of their leadership. I'm Charles D'Lithasma. A judge in Tennessee is blocking the sale of Graceland, Elvis Presley's former home. A company claimed Elvis's Memphis estate failed to repay a loan that used the property as collateral. Sales of previously owned homes sank last month, pushed down by high mortgage rates and rising prices. It's the 10th straight price increase. This is AP News. I'm Seth Zutel and this is Markets in a Minute. Stocks are drifting around their record highs in the early going on Wall Street, continuing a days-long run of relatively quiet trading. The S&P 500 was flat in the first hour of trading Wednesday. That came a day after the benchmark index set its latest all-time high. The Dow slipped 14 points. It's about 1/10th of a percent, and as that composite added 1/10th of a percent, a day after setting its latest record. Target slumped more than 8 percent after reporting profit that fell short of forecasts. TJX, the off-price retailer of apparel and home goods, rose 6 percent after its report beat expectations. The day's headline profit report will come after trading closes. Analysts expect Nvidia to deliver its latest blockbuster quarter of growth. The yield on the tenure treasury note rose to 4.44 percent. Seth Zutel, New York. Ricky Stenhouse Jr. was fined $75,000 by NASCAR for fighting with Kyle Busch after the all-star race at North Wilkesboro Speedway. I'm Ed Donahue, AP News. You see a family SUV. We see a support system for more than 960 wildlife species. Because when you get the $29 Keep Colorado Wildpass, you help fund wildlife conservation and educational programs across the state. Picture Keep Colorado Wildpass with your next vehicle registration. It's more than a state parks pass. It's nature's BFF. Learn more at CPW.info/KeepColoradoWild. If you're a small business owner, upswell marketing would like to remind you that when customers choose your business, they're really choosing you. So focus on super serving your existing customers and let upswell handle the pipeline generation of new leads. Upswell specializes in building and managing custom direct response campaigns and is now offering a no-obligation free assessment of your current marketing strategies. New customers also receive 15 percent off their first order. For more information, visit upswellmarketing.com. That's upswellmarketing.com. You have to celebrate your wins. We've won the mint 400 and I celebrated that win for weeks, but then we had to focus and move on. Dustin Jones, championship winning Can Am Off-Road Racer. Can Am's the same. The most race wins in all types of terrain with the Maverick X3, but then they focus and move on. The Maverick are 240 horsepower in the first seven speed dual clutch transmission. This thing's a game changer. We celebrate those wins, but never for too long. The Can Am Maverick X3 and Maverick R. Visit Can Am Off-Road