Headline News from The Associated Press
AP Headline News - Jun 13 2024 11:00 (EDT)
AP News. Good morning. I'm Ed Donahue. The Supreme Court unanimously preserved access to a widely used abortion medication. The AP Sagar Magani has the story. It's the high court's first abortion decision since the conservative majority overturned Roe v. Wade two years ago. This case threatened to restrict access to Miffa-Pristone, which was used in nearly two-thirds of all U.S. abortions last year. The justices ruled against abortion opponents who sued over the Food and Drug Administration's approval of the medication and the FDA's actions to ease access to it. Sagar Magani Washington. At the G7 Summit in Italy, the U.S. and European allies have agreed to lock up Russian assets until it pays for the Ukraine war, clearing the way for $50 billion in loans for Ukraine. In Brussels, Defense Secretary Lloyd Austin doesn't think Russia will be making a breakthrough in Ukraine. What I see is a slowing of the Russians' advance and a stabilizing of that particular piece of the front. Now, I think we'll see incremental gains and we'll see puts and takes going forward. People in Florida are preparing for more heavy rain. Downpours at flooded streets and homes. Miami-Dade County Mayor Daniela Levine-Kava is warning people not to underestimate this. Six inches of fast moving water can knock over an adult. It takes just one foot of rushing water to carry away a small car. Well, two feet of rushing water can carry away most vehicles. The National Weather Service is warning this is life-threatening flooding. The Supreme Court ruled against a man who wants to trademark the suggestive phrase "Trump Too Small." It dates back to a Republican presidential debate in 2016, when Marco Rubio pointed out Donald Trump calls him "Little Marco," but says Trump, who claims he is six feet three inches tall, has disproportionately small hands. This is AP News. I'm Seth Zootel, and this is Markets in a Minute. Stocks are drifting around their record highs on Wall Street following some mixed data on the economy, including the latest encouraging update on inflation. The S&P 500 rose 1/10th of a percent Thursday, a day after jumping to an all-time high. But as that composite added 6/10% to its own all-time high. The Dow slipped 209 points. It's about half a percent. Broadcom jumped more than 14%. The chip company reported stronger profit for the latest quarter than analysts expected, aided once again by AI demand. Treasury yields fell again in the bond market as conviction bills that inflation is slowing enough to convince the Federal Reserve to cut interest rates later this year. The yield on the 10-year Treasury note fell to 4.27%. Seth Zootel, New York. In Denmark, three types of spicy instant noodle products imported from South Korea are being recalled over possible risks of acute poisoning because of an overly high dose of capsaicin and active ingredient in chili peppers. I'm Ed Donahue, AP News. From fires, wind and hail to woodpeckers and other pests, Colorado's nature puts our homes through it. Rely on 5280 exteriors to restore your home siding. Made primarily of cement, 5280 exteriors, quality James Hardy's siding is flame resistant and repels insects and woodpeckers. Right now, 5280 exteriors will provide all new gutters for free when you buy whole house siding. Get your free estimate today at 5280 exteriors.com. 5280 exteriors, the altitude of quality. Okay, let's see what we can do. Let's see what we can do in the future. Hey. No, too basic. Hi there. I still know. What about... hello, handsome? Is it possible to give your selfie ick? Yep, it's possible. Well, that's why we are changing how you start conversations on Bumble. You can now make the first move or not. With opening moves, you simply choose a question to be automatically sent to your matches, then sit back and let your matches start the chat. Download Bumble and try it for yourself. Here in America, work is in trouble. We've offshored our manufacturing, sent away good jobs, and lost so much ability to make things. American Giant is a company that's pushing back against this tide. They make high quality clothing, sweatshirts, jeans, dresses, jackets and so much more right here in the USA.