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US Approves Nearly $2 Billion Arms Sale for Saudi Arabia After Escalation in Yemen
The State Department announced on Wednesday that it approved a potential $1.96 billion weapons sale for Saudi Arabia, just days after Riyadh bombed the Sanaa International Airport in Yemen, shattering a fragile truce with Ansar Allah, also known as the Houthis, that had held relatively well since 2022. The arms sale includes up to 20,000 […]
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Apr 7, 2026 / Dave DeCamp
US Again Bombs Kharg Island, a Potential Target of a US Ground Invasion
The US military on Tuesday again bombed Iran’s Kharg Island, which is located deep inside the Persian Gulf and is a potential target for US ground operations if the US continues to escalate the war. According to US officials speaking to media outlets, the US strikes targeted military sites on the island, which is a […]
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Oct 20, 2026 / Tyler Durden
General Motors Shares Plunge 6% Despite $20 Billion Buyback Announcement And Earnings Beat
General Motors Shares Plunge 6% Despite $20 Billion Buyback Announcement And Earnings Beat
General Motors shares are plunging more than 6% in premarket trading Tuesday, despite the automaker announcing a massive new $20 billion share repurchase program and reporting quarterly earnings that came in ahead of Wall Street expectations, according to Bloomberg News.
The selling comes as GM continues to grapple with a weakening U.S. auto market, where higher financing costs and pressure on household budgets have made it increasingly difficult to sell lower-priced vehicles. Demand for the company's more expensive...
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Apr 5, 2026 / Tyler Durden
Trump Seeks $152 Million To Reopen Alcatraz Prison
Trump Seeks $152 Million To Reopen Alcatraz Prison
Authored by Kimberley Hayek via The Epoch Times,
The White House on Friday requested $152 million to reopen Alcatraz, which is offshore from San Francisco, as a federal prison.
The funding appears in the proposed budget for fiscal year 2027, released by the administration.
It would cover first-year costs for the Federal Bureau of Prisons to rebuild the island facility into “a state-of-the-art secure prison facility,” according to the document. Alcatraz has operated as a National Park Service tourist site since 1973, after the federal...
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