The U.S. Supreme Court on Thursday ruled that a New York prosecutor can obtain President Donald Trump's financial records but prevented - at least for now - Democratic-led House of Representatives committees from getting similar documents. This report produced by Zachary Goelman.
During her weekly press briefing on Thursday, House Speaker Nancy Pelosi called the Supreme Court ruling allowing various financial records of the President to be turned over to a grand jury as part of a criminal investigation as"not good news" for Trump.
The novel coronavirus COVID-19 pandemic has forced many universities to shift to online-only courses. CNN reports the Department of Immigration and Customs Enforcement has responded swiftly. ICE announced Monday that international students will have to leave the country or risk deportation if their universities only deliver education online. Thousands of foreign students come to the US to attend universities and training programs, as well as non-academic or vocational studies.
A man in custody of the US Immigrations and Customs Enforcement agency died on Sunday. Business Insider reports 34-year-old Santiago Baten-Oxlag died of complications from COVID-19. The Guatemalan immigrant died in a hospital in Columbus, Georgia, that he had been transferred to from ICE's Stewart Detention Center, in Lumpkin, Georgia. He's the second immigrant to die from COVID-19 while in ICE custody. El Salvadoran Carlos Escobar Mejia died from the virus earlier this month.
Business Insider reports that Walmart is set to launch Walmart+ by the end of this month. The subscription will cost $98 a year. It will offer members free same-day delivery from Walmart stores. Members will also get delivery perks, discounts at Walmart gas stations, early access to promotions, and self-checkout tools. The retailer will also introduce a Walmart+ branded credit card and possibly video entertainment.
On Wednesday, Brooks Brothers filed for bankruptcy. It was in business for over 200 years. The coronavirus pandemic has hurt the retailer's business. Business Insider reports the company has been considering strategic options for about a year. "It has become increasingly out of step with a new generation of consumers who are looking for a more edgy approach to smart casual," Neil Saunders, managing director of GlobalData Retail, said in emailed comments.
Not only are new cases of the novel coronavirus COVID-19 climbing dramatically, so are the numbers of its victims being hospitalized. According to Business Insider, COVID-19 hospitalizations started going up toward the end of June, after two straight months of decline. The mayors of Houston and Austin, Texas, said over the weekend that hospitals will be overwhelmed within two weeks if the virus isn't gotten under control.
Ascena owns specialty retail brands Ann Taylor and Lane Bryant. The company plans to shut at least 1,200 stores as part of bankruptcy proceedings this week, according to a Bloomberg report. Under its Chapter 11 arrangement, Ascena would do away with around $700 million from its $1.1 billon debt load. Business Insider reports that Ascena's lenders will assume ownership of the company. The New Jersey-based company has been battling the consumer shift to online shopping for years.
On July 4th, Kanye West announced he wants to run for president. In an interview with Forbes published Wednesday, West said he is being advised by Tesla CEO and tech billionaire Elon Musk. According to Business Insider, West's remarks seem to be backed up by recent remarks. On Twitter, Musk commented on West's July 4 announcement: "You have my full support!" The two also appeared together in a photo published by West on July 1.
According to Reuters, U.S. President Donald Trump on Wednesday said that any war between the United States and Iran would be swift, although he reiterated his desire to avoid a military confrontation..