Headline News from The Associated Press
AP Headline News - Jul 08 2024 11:00 (EDT)
AP News, Good morning, I'm Ed Donahue. President Biden insists he will not end his run for re-election, even as some top Democrats are calling him to get out after a dismal debate performance. The AP's Sagar McGonney has the story. In a two-page letter to congressional Democrats, the president says he declines to step aside, and that it's instead time for the intraparty drama to end. Later, in a phone interview with MSNBC's Morning Joe, the president said he's frustrated by calls from party officials to bow out, insisting average Democrats want him to stay in, and he threw down the gauntlet, telling critics if they're serious they should challenge him at next month's Democratic convention. Sagar McGonney, Washington. The NATO Summit is this week in Washington. Secretary General Jens Steltenberg says more Russian attacks have killed civilians in Ukraine. "At the summit we'll make decisions to further strengthen our support to Ukraine, and the Russians must understand that they're not able to wait those out, but they need to sit down and accept the solution where Ukraine pervades us as a sovereign independent nation." Israeli forces advance deeper into Gaza City, Palestinian said to evacuate. Israel says Hamas had regrouped there. Category 1 hurricane barrel is moving across Texas. The Houston area is getting heavy rain and powerful winds. Lena Hidalgo is the Harris County judge. "If you are outside during this time, you're risking your life. And not only that, you're risking the lives of first responders." Power is out to more than a million homes. A heat wave that is scorched parts of the west is expanding. Large parts of the east coast and the south are expected to get hit with record high temperatures. The entertainment giant Paramount owner of CBS will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio. This is the AP News. Traders are looking ahead to several earnings reports this week, including updates from Delta Airlines on Thursday and J.P. Morgan's city group in Wells Fargo on Friday. Federal Reserve Chair Jerome Powell addresses Congress on Tuesday and Wednesday. Treasury yields rose slightly in the bond market, Seth Soutel, New York. A group of teachers in Baltimore is asking voters to approve a program that would give $1,000 to new parents in the hopes of reducing childhood poverty starting from birth. The baby bonus would appear on the ballot in November. 10,000 signatures are needed. Supporters have a logo of a flying cartoon stork with a bag of money in its beak. I'm Ed Donahue, AP News. 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. How dangerous is it to unwrap a burger at 40 miles per hour? More so than you think. In a little over two seconds, your car can travel slightly more than 117 feet, which is the same length as 20 bicycles. Anything that distracts you while driving is dangerous. That's why driving while texting can be deadly too. So put it down, it can wait. Drive distracted, shifting to safe. A message from the Colorado Department of Transportation. What's next? At Moss Adams, that question inspires us to help people and their businesses strategically define and claim their future. As one of America's leading, accounting, consulting and wealth management firms, our collaborative approach creates solutions for your unique business needs. We leverage industry focus insights with the collective technical resources of our firm to elevate your performance. Uncover opportunity and move upward at MossAtoms.com