Headline News from The Associated Press
AP Headline News - Jul 10 2024 18:00 (EDT)
If he news, I'm Pentomis, President Biden's re-election bid to more blows from his own allies today, Sagamogani has the latest. Former House Speaker Nancy Pelosi is stopping short of saying President Biden should continue his re-election bid amid a Democratic split over the president's path. Pelosi is seen as one of the few Democrats who could influence the president's thinking, but tells MSNBC it's his call. It's up to the president to society. The president insists he will not bow out, asked if she wants him to stay in the race, Pelosi did not offer an endorsement. "I want him to do whatever he decides to do." And now he's not only facing opposition on Capitol Hill, but also Hollywood. "It was there and you let it go and you think to yourself what if I had stopped." Actor George Clooney is urging him to drop out. In a New York Times op-ed, Clooney notes he hosted a fundraiser for the president three weeks ago. He says the Joe Biden he was with then was not the Joe Biden of years past, and instead was the same man we all witnessed at the debate. Sagar Megani Washington. At the NATO summit, the alliance declared Ukraine is on an irreversible path to membership, but only after its war with Russia ends. Meantime the Netherlands and Denmark say F-16 fighters are on the way, and we'll be flying this summer. The Israeli military's urged all Palestinians to leave Gaza city and head south ahead of another offensive. Frustration in Houston, where Nelly 1.4 million homes and businesses remain without power after Hurricane Beryl. And opening statements today in Alec Baldwin's trial in the shooting death of cinematographer Helena Hutchins, prosecutor Olinda Ocampo Johnson. "The evidence will show that someone who played make-believe with a real gun and violated the cardinal rules of firearm safety is the defendant, Alexander Baldwin." The defense attorney Alex Spiro told jurors Baldwin committed no crime, saying he was an actor acting. This is AP News. The founder of Archigos Capital Management has been convicted of securities fraud, but all prosecutors say Bill Wang artificially inflated the values of nearly a dozen stocks before the investments collapsed, wiping out $100 billion in market value. Regulators have slapped Citigroup with a $136 million fine for failing to fix long-standing internal control issues. And Seth Sutel has the AP markets report. Wall Street's blistering rallies stretched into a seventh day, vaulting the US stock market to more all-time highs. The S&P 500 jumped 1%, the NASDAQ composite added 1.2% to the all-time high it's said a day before. The Dow Jones Industrial Average rose 429 points, it's about 1.1%. Big technology companies led the way again after a major chip supplier reported how much its revenue jumped in June. A frenzy around AI has been a major reason the US stock market has climbed record highs this year. Investors are also hoping the Federal Reserve will cut interest rates. Seth Sutel, New York. And I'm Ben Thomas, AP News. Thanks for listening. 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 US Department of Health and Human Services. After countless steps and more than a few miles, her dog drives you forward one last time to make that final climb. And as the rising sun peeks out from the horizon, you know incredible happens here because it starts here with a fuel that makes it all possible, pro plan sport. Discover advanced nutrition made to fuel strength and stamina and active dogs like yours at proplan sport dot com. So the quarterly projections are 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? I'm the delivery driver. Anyone over 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. [MUSIC PLAYING]