Onion bid to buy Infowars examined in Texas bankruptcy hearing
In Houston judge weighs if the November Infowars auction was properly run as Jones accuses collusion and fraud. The Onion bid 1.75 million while First United American offered 3.5 million. The trustee chose The Onion citing better value for creditors despite protests from Jones and his ally firms.
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Nvidia slides drag Wall Street from record highs
Nvidia shares slid 2.5 percent amid a China probe into alleged anti monopoly violations, weighing on the S&P 500 which fell 0.6 percent after hitting a yearly high. The Dow dropped 240 points and the Nasdaq declined 0.6 percent as investors awaited inflation data and Fed rate moves. Interpublic Group rose after Omnicom said it would acquire it, while Omnicom fell sharply on the deal. Macy’s gained on activist investor pressure to boost buybacks. Super Micro Computer edged up on an extension for Nasdaq listing as it files its delayed annual report. The S&P 500 ended at 6052.85, Dow 4401.93, Nasdaq 19736.69.
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Trump vows to dismantle federal government in second term
President Trump outlines plans to shrink or reshape federal agencies and curb what he calls the Deep State. He seeks outsiders for key posts including Kash Patel for FBI director and Pete Hegseth for the Pentagon, while signaling a clash with career civil servants and entrenched Washington norms.
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Missouri employers sue to stop wage and leave law
Missouri business groups filed suit in state court seeking to overturn Proposition A. They argue the ballot measure violates the single‑subject requirement by combining a minimum wage rise and paid sick leave. The law raises minimum wage to 13.75 in January and 15 in 2026 and provides up to seven paid sick days yearly starting May. Leaders say voters supported paid sick days and fair wages. The groups seek to have the Supreme Court declare Proposition A invalid.
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