News
President Biden pardons thousands for ‘simple marijuana’ possession
President Joe Biden has taken executive action, pardoning all prior federal offences of ‘simple marijuana’ possession
President Biden pardons thousands for ‘simple marijuana use, in a move that is aligned with his campaign promises.
The President wants to lift the burden for those who have been denied employment, housing or any opportunity because of the conviction.
In a statement, the President says:
“There are thousands of people who have prior federal convictions for marijuana possession, who may be denied employment, housing, or educational opportunities.”
“My action will help relieve the collateral consequences arising from these convictions.”
The move was one of Biden’s campaign promises and will likely please members of his left-leaning supporter base as the nation’s midterm elections approach.
U.S. Attorney General Merrick Garland will now develop an “administrative process” to issue certificates of pardon to impacted citizens.
State governors are also being urged to take similar steps.
But as federal and state regulation of marijuana changes, Biden warns “important limitations on trafficking, marketing, and under-age sales should stay in place”.
News
Betoota’s fake $34.5 million Sportsbet deal sends media Into meltdown
The Betoota Advocate’s satirical $34.5 million Sportsbet offer sparks chaos, revealing media trust issues in the digital age.
The Betoota Advocate’s satirical $34.5 million Sportsbet offer sparks chaos, revealing media trust issues in the digital age.
Australia’s most infamous satire site, The Betoota Advocate, caused online chaos after posting a fake $34.5 million “acquisition offer” from Sportsbet. The joke was so convincing it fooled thousands, including major media outlets, and reignited debate about what’s real in today’s digital news cycle.
In this episode, we break down how the prank unfolded, why so many believed it, and what it reveals about trust in media. From viral posts to red-faced journalists, it’s a story that blurs the line between clever satire and misinformation.
So, is Betoota simply trolling the system, or holding up a mirror to it? Darren Woolley from TrinityP3 joins us to unpack what happens when satire hits too close to home.
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#BetootaAdvocate #Sportsbet #FakeNews #Satire #MediaTrust #ViralStory #TickerNews #Australia
News
UPS cargo plane crashes in Kentucky, as death toll rises
UPS cargo plane crash in Kentucky kills four, injures 11, governor warns death toll may rise
UPS cargo plane crash in Kentucky kills four, injures 11, governor warns death toll may rise
– A UPS cargo plane crashed in Louisville, resulting in at least four deaths and 11 injuries.
– Investigations are underway, and all departing flights from the airport have been cancelled.
Several people with serious injuries are receiving treatment at nearby hospitals.
The crash affected two businesses in proximity to the airport: Kentucky Petroleum Recycling and Grade A Auto Parts. Grade A Auto Parts confirmed most employees were accounted for, although uncertainty remains regarding customer safety.
Nearby, a Ford Motor assembly plant lost power but was not directly impacted by the crash.
Emergency services have worked to contain a fire resulting from the incident, which required a significant number of responders. UPS has not confirmed details regarding its crew’s condition. Photographs showed the MD-11 engulfed in flames at the Louisville Muhammad Ali International Airport.
UPS operates its primary air cargo facility in Louisville, processing millions of packages daily. The plane’s fuel load of 38,000 gallons contributed to explosions that occurred upon impact with the businesses, prompting significant road closures.
Investigation Underway
The Federal Aviation Administration and the National Transportation Safety Board will conduct investigations into the crash.
In the aftermath, all departing flights from the airport have been cancelled, affecting major airlines including Delta Air Lines and American Airlines.
News
This may be the AI market correction, according to traders
US stocks tumble as tech giants report uneven earnings, prompting fears of a looming market correction.
US stocks tumble as tech giants report uneven earnings, prompting fears of a looming market correction.
US stocks have taken a sharp dive as investors grow nervous about stretched valuations and uneven earnings reports from tech giants. Major Wall Street banks, including Morgan Stanley and Goldman Sachs, are warning that the rally could be nearing a 10% correction – a wake-up call for traders betting on unstoppable market momentum.
Nvidia, the world’s most valuable public company, dropped nearly 4%, wiping out around $200 billion in market value. Meanwhile, Palantir slid 6%, dragging other AI and semiconductor names lower. Even gold — a traditional safe haven — dipped 1.6%, signaling widespread investor anxiety.
Bitcoin also broke below the $100,000 mark for the first time since June, underscoring how jittery markets have become. As earnings season unfolds and the US government shutdown looms, investors are questioning whether the bull run that lifted the S&P 35% since April has finally run out of steam.
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#StockMarket #WallStreet #Nvidia #Bitcoin #AIStocks #MarketCorrection #TickerNews #Investing
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