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The conspiratorial website Gateway Pundit, which is known for spreading false stories of election fraud in the 2020 presidential election, is filing for bankruptcy amid a storm of lawsuits. However, the co-founder is denying any wrongdoing.

Apr 25, 2024

As 2020 election lawsuits grow, Gateway Pundit files for Chapter 11 bankruptcy

Controversial, far-right website Gateway Pundit filed for Chapter 11 bankruptcy on Wednesday, April 24, in the face of a storm of lawsuits. The lawsuits, which include defamation claims, are from people who say they were harassed because of the site’s false 2020 election-related stories. Media watchdogs recognize the outlet for sharing false information and conspiracy…

The Gateway Pundit plans to continue publishing, resisting the impact of "radical left" campaigns that drove advertisers away.

Apr 25, 2024

Gateway Pundit to file for bankruptcy amid election conspiracy lawsuits

The founder of the conspiracy theory site Gateway Pundit announced that the company had declared bankruptcy “as a result of the progressive liberal lawfare attacks against our media outlet.”

Dozens arrested in pro-Palestinian protests at top colleges across the states; day two of Trump's trial testimony unfolds.

Apr 23, 2024

Protests lead to arrests across college campuses

Pro-Palestinian protests lead to dozens of students arrested across some of the country’s most elite college campuses and day two of testimony in former President Donald Trump’s criminal trial. These stories and more highlight The Morning Rundown for Tuesday, April 23, 2024.  Protests lead to arrests across college campuses Some of the country’s most prestigious…

There are two competing bills in the Senate to curtail “judge shopping.” Democrats and Republicans are presenting differing solutions.

Apr 19, 2024

Congress wants to curtail ‘judge shopping.’ Can it act before the election?

There are two competing bills in the Senate to curtail “judge shopping,” which consists of efforts by plaintiffs to file lawsuits with judges who are likely to rule in their favor. Democrats and Republicans both want to address the practice, but they view the root of the problem differently and have presented differing solutions.  If…

Credit card debt in the U.S. breached $1 trillion in 2023 while high interest rates continue to push the debt balance even higher in 2024.

Mar 21, 2024

US credit card debt nearing 2008 record when adjusted for inflation

Credit card debt in the U.S. hit a record at the end of 2023 while high interest rates continue to push the debt balance even higher this year. The Federal Reserve recently reported U.S. credit card debt reached $1.13 trillion in the fourth quarter of 2023, up $143 billion from the year before. According to…

The sports website "Deadspin" has been sold, and the new owners have let go of all the existing employees.

Mar 12, 2024

US sports website Deadspin sold to European company, entire staff laid off

The sports website “Deadspin” has been sold to European startup firm Lineup Publishing, with its entire staff cut in the process. Deadspin was recently criticized in the news for publishing a story portraying a Kansas City Chiefs fan in blackface. The parents of the child at the center of the controversy sued. The family’s lawyer…

JetBlue Airways and Spirit Airlines have cancelled their $3.8 billion merger after a federal court blocked the deal due to antitrust concerns.

Mar 04, 2024

JetBlue, Spirit ditch $3.8 billion budget airline deal

JetBlue Airways and Spirit Airlines announced the termination of their proposed $3.8 billion merger, a development nearly two years in the making. The decision follows a federal court’s move to block the merger, siding with the government’s antitrust lawsuit that argued the deal would reduce competition and eliminate Spirit as a low-cost travel option. The…

Vice Media, once valued at over $5 billion and known for its edgy, immersive storytelling, is laying off hundreds from its staff of more than 900 employees. CEO Bruce Dixon announced the company will also cease publishing on its Vice.com website, a move reflective of Vice's strategic pivot amid financial struggles, including a bankruptcy filing last year before being sold for $350 million to a consortium led by Fortress Investment Group. 

Feb 23, 2024

Vice Media cutting hundreds of jobs, no longer publishing website content

Vice Media, once valued at over $5 billion and known for its edgy, immersive storytelling, is laying off hundreds from its staff of more than 900 employees. CEO Bruce Dixon announced the company will also cease publishing on its Vice.com website, a move reflective of Vice’s strategic pivot amid financial struggles, including a bankruptcy filing…

On Friday, Feb. 23, the United States is expected to announce more than 500 "crushing" sanctions against Russia.

Feb 23, 2024

President Biden meets with Alexei Navalny’s family ahead of major sanctions on Russia: The Morning Rundown, Feb. 23, 2024

President Biden meets with the family of late Russian opposition leader Alexei Navalny as the U.S. prepares to impose hundreds of sanctions on Russia. And AT&T reveals what was behind the massive outage that left thousands without phone service. These stories and more highlight The Morning Rundown for Friday, Feb. 23, 2024. President Biden meets…

China's largest real estate developer, Evergrande, has been ordered to liquidate, posing a significant threat to its economy.

Jan 31, 2024

Evergrande liquidation will hit China hard

Evergrande, China’s largest property developer, is on the verge of extinction after a Hong Kong court ordered its liquidation, citing the company’s inability to restructure its $300 billion debt. Once China’s largest seller of real estate, the company flourished by preselling apartments to middle-income Chinese. However, within the last few years, it found itself on…

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