❌

Normal view

There are new articles available, click to refresh the page.
Today β€” 8 July 2025News

Supreme Court green-lights mass firings at federal agencies

8 July 2025 at 13:25
Supreme Court
The Supreme Court issued an order allowing the Trump administration to proceed with layoffs at federal agencies.

Al Drago/Getty Images

The Supreme Court on Tuesday issued an order that will effectively allow the Trump administration to proceed with plans for widespread layoffs at federal agencies, which could lead to the loss of tens of thousands of jobs.

Associate Justice Ketanji Brown Jackson wrote a public dissent, calling the decision "hubristic and senseless."

This is a developing story. Please check back for updates.

Read the original article on Business Insider

Diddy prosecutors are tallying his past sins ahead of an October 3 sentencing — including some a jury cleared him of

In this courtroom sketch, Sean "Diddy" Combs smiles and raises his fist in reaction to being found not guilty of racketeering and sex-trafficking charges in federal court in Manhattan.
Sean "Diddy" Combs reacts to being found not guilty of racketeering and sex-trafficking charges in federal court in Manhattan.

Jane Rosenberg/REUTERS

  • Sean "Diddy" Combs is hoping for zero jail time when he is sentenced on October 3.
  • But prosecutors want the judge to weigh violence and drug evidence for which he was acquitted.
  • They say they'll submit a list of "offense conduct" to federal probation officials by Friday.

Federal prosecutors say they are spending this week making a list of all the ways Sean "Diddy" Combs is a criminal β€” including some offenses he has been acquitted of β€” to use against him at his October 3 sentencing.

Prosecutors are drafting a confidential, so-called "summary of offense conduct" they say they'll submit to federal probation officials by Friday, according to a pre-sentencing schedule approved by the judge on Tuesday.

It's promising to be a long list, full of drug use and domestic violence that Combs has been acquitted of as elements of the unsuccessful sex trafficking and racketeering charges, but which he has also admitted to repeatedly since the start of the trial.

More than a dozen prosecution witnesses described violence and drug use during the two-month trial.

"Sean Combs has a temper, and when he drank, or when he did the wrong drugs, he would get violent β€” my client is not proud of that," defense lawyer Teny Geragos told jurors in May 12 opening statements.

But "domestic violence is not sex trafficking," Geragos told the jury repeatedly.

The defense "mea culpa" appears to have worked. Jurors apparently did make the distinction, convicting him only on two transporting for prostitution counts.

Combs was acquitted of the top counts that alleged he used drugs and violence to coerce two girlfriends into years of "freak offs," sexual performances with male escorts.

But these defense drug and violence admissions, strategic during trial, may come back to haunt Combs at sentencing, according to defense attorneys and former prosecutors.

These experts told Business Insider that judges can consider prior bad acts β€” even acts that resulted in acquittal β€” in sentencing, especially when the defendant admits to them.

Combs faces anywhere from zero jail time up to 20 years in prison on those charges. Prosecutors said last week that they may seek somewhere in the four-to-five-year range, though that will likely be revised upward.

"They're going to go full blast," defense attorney and former prosecutor Michael Bachner predicted of prosecutors on Tuesday.

"They can say the defendant is somebody who was admittedly a violent individual," he said.

"And they can also bring up his prior arrest record," said Bachner, who was part of the defense team that won gun possession and bribery acquittals for Combs and a former bodyguard in a 2001 trial in state court in Manhattan. Probation officials will use the defense list in drafting a pre-sentencing report that will recommend an amount of jail time, the former prosecutor said.

Prosecutors will have to ask the judge to consider acquitted conduct if they hope to win anywhere near a 20-year, maximum sentence, former federal prosecutor Nadia Shihata, who prosecuted the R. Kelly sex trafficking case, told BI after the verdict.

The judge can decide if there was a preponderance of evidence proving those acquitted crimes, she told BI.

"If so, 20 years is more likely," she said, adding that she believes the ultimate sentence will be far less.

Combs has remained behind bars since his arrest in mid-September.

After Wednesday's verdict, Subramanian denied Combs' fourth request for bail, a decision that left the rap mogul in a federal jail in Brooklyn.

Combs will remain jailed at least until October 3, the current date for his sentencing.

The jury found that Combs knowingly arranged for R&B singer Cassie Ventura and a later girlfriend who testified pseudonymously, as "Jane," to criss-cross the country for drug-fueled hotel sex sessions.

Agnifilo had asked after the verdict that Combs be released on $1 million bail and allowed to live at his homes in Miami and Las Vegas while awaiting sentencing. He argued the conviction on the more minor charges didn't warrant being held without bail.

But the judge agreed with lead prosecutor Maurene Comey, who argued that Combs faces significant jail time and remains a threat, as a trio of federal judges has found in denying bail in the weeks after his arrest.

Combs continued to break the law last year after his homes were searched when he knew he was under investigation, the judge said.

Combs has admitted, through his lawyers, to domestic violence and drug use, the judge said.

"You, full-throatedly in your closing argument, told the jury that there was violence here," the judge told lead attorney Marc Agnifilo in denying bail on Wednesday.

"And domestic violence is violence."

Read the original article on Business Insider

Holiday season dodges price hikes with Trump's latest tariff pause

8 July 2025 at 13:01

Christmas shoppers got a gift of sorts from the White House this week when the president pushed the tariff pause to August 1.

Why it matters: The shift should give retailers more time to stockpile most goods ahead of the holiday season, potentially pushing some tariff-related price increases to next year.


Catch up quick: The tariff pause was set by the White House last spring β€”Β after Trump's Liberation Day hikes were announced β€”Β and was supposed to be lifted Wednesday.

  • This week the White House extended the deadline, sending trading partners letters with an August 1 target.
  • After initially saying it wasn't a hard deadline, Trump on Tuesday said he means it and there will be no extensions.

Zoom out: If higher rates do go into effect August 1, it's likely that consumers won't feel a difference until the new year, writes Paul Donovan, chief economist at UBS Wealth Management, in a note Monday.

How it works: Goods en route to the U.S. as late as August 1 should be exempt from additional tariffs, Donovan explains.

  • Since it can take as many as six weeks to move ships across the Pacific, that means some items could arrive as late as mid-September and still be tariffed at the lower rate.
  • At the same time, retailers stockpile ahead of the Christmas season β€”Β and have been bringing forward inventory to avoid higher tariffs.
  • The upshot is, most of the stuff on shelves for Christmas will have arrived before the new deadline.

Reality check: Some items can't be stockpiled, and consumers would feel those price increases sooner.

  • There are also baseline 10% levies already in place, so some prices will have already moved somewhat.

The other side: "The Administration has consistently maintained that the cost of tariffs will be borne by foreign exporters who rely on access to the American economy, the world's biggest and best consumer market," spokesman Kush Desai said in an email to Axios.

  • He also pointed out that President Trump on Tuesday said he'd never moved the deadline.

Flashback: In August 2019, Trump delayed tariffs on Chinese imports, telling reporters "We're doing this for the Christmas season... Just in case some of the tariffs would have an impact on U.S. customers."

  • It was the one time Trump acknowledged tariff increases could pass through to the consumer, Chad Brown, senior fellow at the Peterson Institute for International Economics, told Axios earlier this year.
  • Ultimately, the U.S. got a trade deal with China and didn't impose increased tariffs on the consumer-facing products that were under threat, like iPhones, video game consoles, etc.

The intrigue: Prices can rise absent tariffs. Companies stockpiling goods in warehouses will incur extra warehousing costs, writes Donovan.

  • And all this talk about tariffs creates an opportunity for firms to raise prices anyway β€” which is what people are expecting.
  • "Normal consumers are less likely to follow what is happening, and be more willing to accept price increases as being due to trade taxes, even if those taxes have been withdrawn," he notes.

What to watch: "By January these effects will have gone," Donovan writes in an email to Axios.

  • By then "the pre-tax increase inventory will have been sold and consumer prices will rise to reflect the additional trade taxes."

The bottom line: The tariff situation is a mess, but holiday shopping may be spared.

Rubio impersonation campaign underscores broad risk of AI voice scams

8 July 2025 at 12:24

Secretary of State Marco Rubio's voice was mimicked in a string of artificial-intelligence-powered impersonation attempts, multiple outlets reported Tuesday.

Why it matters: The threats from bad actors harnessing quickly evolving voice-cloning technology stretch beyond the typical "grandparent scam," with a string of high-profile incidents targeting or impersonating government officials.


  • The hoax follows a May FBI warning about a text and voice messaging campaign to impersonate senior U.S. officials that targeted many other current and former senior government officials and their contacts.

Driving the news: U.S. authorities don't know who is behind the campaign, in which an imposter claiming to be Rubio reportedly contacted three foreign ministers, a member of Congress and a governor, the Washington Post first reported.

  • The scam used a Signal account with the display name "[email protected]," according to a State Department cable obtained by multiple outlets, in an attempt to contact powerful officials "with the goal of gaining access to information or accounts."
  • A senior State Department official told Axios in a statement that it is aware of the incident and is currently investigating.
  • "The Department takes seriously its responsibility to safeguard its information and continuously takes steps to improve the department's cybersecurity posture to prevent future incidents," the official said but declined to offer further details.

Context: With just seconds of audio, AI voice-cloning tools can copy a voice that's virtually indistinguishable from the original to the human ear.

  • Experts say that the tools can have legitimate accessibility and automation pros β€” but it can also be easily weaponized by bad actors.
  • Last year, fake robocalls used former President Biden's voice to discourage voting in the New Hampshire primary.
  • In June, the Canadian Centre for Cyber Security and the Canadian Anti-Fraud Centre warned of a text and AI-generated voice messaging impersonation campaign in which threat actors pretended to be senior officials and prominent public figures to steal money and information.

Flashback: The accessibility of voice cloning tech has exploded in recent years, with hundreds of tools available, said Vijay Balasubramaniyan, the CEO and founder of Pindrop, which specializes in voice fraud prevention.

  • "Each tool is becoming even more, for lack of a better word, idiot proof, in terms of how easy it is to just create something," he said. "It's all just push of a button."
  • Audio of public officials and celebrities is readily available for bad actors to seize online, he noted. But ordinary people are still just as at risk.
  • "I think we're in the Wild, Wild West as far as information is concerned," he said.

Between the lines: The Trump administration is particularly vulnerable to these types of scams due to its lax personal security practices and massive cuts to the country's defensive cyber operations.

The intrigue: Government-issued phones typically have more advanced identity authentication tools and operate on private government networks β€” making it easier to stop suspicious activities before they come in.

Reality check: Most cybercriminals don't even need to use AI β€” people are still falling for the same old tricks, including texts from fake job recruiters.

  • Americans lost over $12.5 billion to fraud last year, up 25% from 2023, according to the FTC.

Go deeper: AI voice-cloning scams: A persistent threat with limited guardrails

Red Sea attacks are back. The Houthis are again sinking ships and killing crews.

8 July 2025 at 12:27
Explosions surround the commercial vessel Magic Seas in the Red Sea.
The commercial vessel Magic Seas after the Houthis captured it.

Screengrab/Houthi Media Center via X

  • The Houthis launched back-to-back attacks on commercial ships in the Red Sea over the past few days.
  • One attack caused a ship to sink, while the other killed and injured several crew members.
  • The incidents follow a period of relative calm and risk drawing in US forces again.

The Iran-backed Houthis have restarted their Red Sea attacks after months of relative calm, with two fresh assaults that sank a commercial vessel and killed several crew members on another ship.

Operation Aspides, the European Union's defensive counter-Houthi mission, blamed the rebels for an attack on Monday against the Eternity C, a Liberian-flagged, Greek-owned cargo vessel. It marks a major escalation that could reignite the Red Sea conflict.

An Aspides official told Business Insider that four speedboats carrying armed personnel approached the vessel and fired on it with rocket-propelled grenades. They said the Houthis also used uncrewed aerial vehicles, or drones, against the Eternity.

The attack killed three crew members and injured at least two others, and left the Eternity adrift in the Red Sea, the official said Tuesday. It marked the Houthis' first deadly assault on shipping this year. Several civilians were killed in 2024 attacks.

The Houthis have not yet claimed responsibility for the attack, but the US Embassy in Yemen, which operates out of Saudi Arabia due to security concerns, called it the rebels' "most violent attack to date" and said they are "once again showing blatant disregard for human life."

The Magic Seas cargo ship is docked at a port in Ampelakia, Salamis Island, Greece, August 9, 2022.
The Magic Seas is one of two vessels that the Houthis attacked over the past few days.

Nektarios Papadakis/via REUTERS

Publicly available tracking data showed the Greek-owned Eternity C off the coast of Yemen as of Monday.

The attack on the Eternity C came a day after a separate attack on the Magic Seas, another Liberian-flagged, Greek-owned cargo vessel.

The British military's United Kingdom Maritime Trade Operations, the UKMTO, reported an attack against a vessel on Sunday by small boats that opened fire with small arms and RPGs. A Houthi spokesperson later said the rebels used missiles and drones in their assault on the Magic Seas, scored a direct hit, and sank it.

The European Union said the attack "endangered the lives of the crew, who had to be evacuated, and risked a major ecological disaster in the region, as the vessel is currently drifting and at risk of sinking."

"It is the first such attack against a commercial vessel in 2025," the EU said in a statement on the situation, calling it "a serious escalation endangering maritime security in a vital waterway for the region and the world."

The commercial vessel Magic Seas in the Red Sea.
The Magic Seas after it was sunk by the Houthis.

Screengrab/Houthi Media Center via X

On Tuesday, the Houthis published footage showing them appearing to detonate explosives onboard the abandoned Magic Seas, which took on water and slipped under the water. It's the third ship that the rebels have sunk.

The dual attacks using small boats and small arms reflect notably different tactics for the Houthis compared to their traditional operations. Between October 2023 and December 2024, the rebels routinely used drones and missiles to attack civilian and military ships in the Red Sea and the adjacent Gulf of Aden.

The US and NATO deployed warships to the region to defend the vital maritime routes from the Houthi attacks, which the rebels have stated are in response to Israel's ongoing war against Hamas. Aspides said the Eternity did not request any escort or protection ahead of the ill-fated Red Sea transit.

The Houthis were relatively quiet during the first half of the year. In March, the US military began a weekslong bombing campaign against the Iran-backed rebels in Yemen, and American forces struck over 1,000 targets in a matter of weeks. The Trump administration reached a ceasefire with the Houthis in May, bringing an end to what was called Operation Rough Rider.

However, the agreement only prevented the Houthis from attacking US ships. The rebels have continued to fire long-range drones and missiles at Israel in recent weeks. Israel's military retaliated on Sunday with airstrikes against Houthi infrastructure across Yemen.

The Houthis' ability to continue attacks against Israel and the latest Red Sea operations suggest that the group still retains some military capabilities, despite the intense US bombing campaign. Renewed tensions could risk drawing US naval forces β€” which have expended hundreds of missiles and bombs fighting the rebels β€” back into the conflict.

Read the original article on Business Insider

The 10 highest-grossing actors at the global box office

8 July 2025 at 12:07
Scarlett Johansson with a gun next to a dinosaur
Scarlett Johansson in "Jurassic World Rebirth."

Universal Pictures

  • Stars like Tom Cruise, Robert Downey Jr., and Scarlett Johansson have brought in billions at the global box office.
  • The highest-grossing actors all starred in at least one major franchise.
  • See which actor is No. 1 on the list.

The actors who make the most money at the worldwide box office all have one thing in common: longevity.

Actors like Tom Cruise and Robert Downey Jr. have reinvented themselves over the decades, morphing from self-serious actors to major box office draws. Others like Scarlett Johansson and Zoe SaldaΓ±a may not have been working quite as long as Cruise and Downey Jr., but have systematically navigated their careers to land leading roles in box-office goliaths.

But whether they're attached to Marvel hits, doing death-defying stunts on impossible missions, battling dinosaurs, or driving cars fast (furiously), these actors have cracked the code of what audiences want β€” and they have the box office stats to prove it.

Here are the all-time top 10 highest-grossing actors at the worldwide box office, according to figures from The Numbers.

10. Chris Evans β€” $11.42 billion
Chris Evans in a red jacket and black tie
Chris Evans.

Lionel Hahn/Getty Images

As Captain America, Evans is attached to some of the biggest box office earners of all time, including 2019's "Avengers: Endgame," which is the second-highest-grossing movie of all time at the worldwide box office with over $2.7 billion.

Since then, he's shown up in box office hits like "Free Guy" (just a quick cameo, but it still counts) and 2024's "Deadpool & Wolverine."

9. Dwayne 'The Rock' Johnson β€” $11.44 billion
Dwayne Johnson in a green shirt
Dwayne Johnson.

Pablo Cuadra/WireImage/Getty

Since going Hollywood in the early 2000s after a sensational pro wrestling career at the WWE, Johnson has gradually built up his box office tally. But the ticket sales got as big as his biceps when he joined the "Fast and Furious" franchise with 2011's "Fast Five."

Along with helping "Fast" entries like 2015's "Furious 7" and 2017's "The Fate of the Furious" each earn over $1 billion at the worldwide box office, he's also scored other big hits like the "Moana" and "Jumanji" franchises.

8. Vin Diesel β€” $11.9 billion
Vin Diesel in a black jacket
Vin Diesel.

Axelle/Bauer-Griffin/FilmMagic/Getty

As the star in all 10 movies in the "Fast" franchise, Vin Diesel is a major part of its over $7 billion take.

Diesel has also scored big as the voice of Groot in the "Guardians of the Galaxy" franchise.

7. Chris Hemsworth β€” $12.1 billion
Chris Hemsworth in a peach suit
Chris Hemsworth.

Neilson Barnard/Getty Images

As the face of the Thor franchise, Hemsworth has helped it earn close to $3 billion at the worldwide box office. As a member of "The Avengers" franchise, he's also been a part of the close to $8 billion those movies have grossed.

Most recently, he starred in the hit "Furiosa: A Mad Max Saga."

6. Tom Cruise β€” $12.6 billion
Tom Cruise in a suit holding a microphone
Tom Cruise.

Manuel Velasquez/Getty

Regarded as one of the last true movie stars, Cruise was topping box office charts long before most on this list had their first screen credit.

Now in his 60s, Cruise is proving he's still got it as the latest (and perhaps final) "Mission: Impossible" movie, "The Final Reckoning," is going strong in theaters, earning half a billion dollars worldwide. That adds to its already impressive tally of close to $5 billion for the eight-movie franchise.

There's also talk of a third "Top Gun" movie after the franchise was revived in 2020 with "Top Gun: Maverick," which brought in $1.4 billion.

5. Chris Pratt β€” $14.1 billion
Chris Pratt in a grey suit
Chris Pratt.

Axelle/Bauer-Griffin/FilmMagic/Getty

Who knew the jokester from "Parks and Recreation" would become such a huge box office draw?

From playing Star-Lord in the "Guardians of the Galaxy" movies (and several other Marvel releases), a lovable Lego figure in the "The Lego Movie" franchise, the hero in the "Jurassic World" movies, and the voice of Mario in "The Super Mario Bros. Movie," Pratt's hard work has paid off.

4. Zoe SaldaΓ±a β€” $14.2 billion
Zoe Saldana in a red dress
Zoe SaldaΓ±a.

Emma McIntyre/Getty Images

This recent Oscar winner has been on a box office hot streak for years.

Between playing Uhura in the "Star Trek" franchise, Gamora in the "Guardians of the Galaxy" movies, and Neytiri in the epic "Avatar" films, SaldaΓ±a's role choices have been impeccable.

3. Robert Downey Jr. β€” $14.3 billion
Robert Downey Jr in a dark blue jacket
Robert Downey Jr.

Jon Kopaloff/Getty Images

Believe it or not, there was a time when Hollywood wanted nothing to do with Robert Downey Jr.

In the early 2000s, Downey Jr.'s years of drug use and brushes with the law caught up with him. After spending a year at a court-ordered drug-treatment facility, he was broke and virtually unhireable.

Then he got the offer that led to his comeback: the titular role in 2008's "Iron Man."

With that, Downey Jr. became the face of the lucrative Marvel Cinematic Universe, which has grossed over $31 billion worldwide to date.

After ending his run as Iron Man with 2019's "Avengers: Endgame," the second-highest-grossing movie of all time, he's returning to the MCU as the villain Doctor Doom for the upcoming "Avengers: Doomsday."

2. Samuel L. Jackson β€” $14.6 billion
Samuel L. Jackson with hants folded wearing a hat
Samuel L. Jackson.

Emma McIntyre/Getty Images

If there has ever been a blueprint for success in the modern-day movie business, it would be Sam Jackson's filmography.

From "Star Wars" to the MCU to Pixar's hit "The Incredibles," the actor has been a staple of box-office sensations for decades β€” and let's not forget all the memorable roles he's played in movies from Spike Lee and Quentin Tarantino.

This is why he was No. 1 on this list for so many years, until…

1. Scarlett Johansson β€” $14.8 billion
Scarlett Johansson in a black jacket
Scarlett Johansson.

Cindy Ord/Getty Images

As the face of the latest hit movie in the "Jurassic Park" franchise, "Jurassic World Rebirth," which took in over $300 million worldwide over Fourth of July weekend, Johansson has surpassed Jackson to become the highest-grossing actor of all time.

Since showing up as Natasha Romanoff/Black Widow in 2010's "Iron Man 2," Johansson has upped her box office game.

Along with being a fixture in the MCU as a member of The Avengers, she also found big box office dollars starring in movies like "The Jungle Book" and "Sing."

Read the original article on Business Insider

❌
❌