Brief by Shorts91 Newsdesk / 05:31am on 01 Jun 2024,Saturday International
A Tesla shareholder filed a lawsuit accusing CEO Elon Musk of insider trading by selling over $7.5 billion in company shares before public disclosure of potentially disappointing production numbers. Filed in Delaware Chancery Court, the suit claims Musk profited about $3 billion from trades made in November and December 2022. It alleges Musk breached fiduciary duties and seeks the return of profits. Musk and Tesla have yet to respond. This adds to Musk's legal woes, including opposition to his $56 billion pay package and a regulatory probe for stock purchases in a renamed Twitter.
Brief by Shorts91 Newsdesk / 05:30am on 01 Jun 2024,Saturday International
President Joe Biden has appealed to Hamas to accept a new Israeli proposal to end the Gaza conflict. The plan includes a six-week ceasefire, Israeli withdrawal from populated areas, and a surge in humanitarian aid. Hamas has responded positively to the proposal, which also involves a prisoner exchange and eventual permanent ceasefire. Biden emphasized the importance of a full ceasefire, allowing for increased aid delivery to Gaza. The proposal offers a crucial opportunity for a lasting resolution to the conflict. Biden urged Hamas to seize this chance, saying "it's time for this war to end".
Brief by Shorts91 Newsdesk / 03:44am on 01 Jun 2024,Saturday International
Israeli Prime Minister Benjamin Netanyahu declared the Gaza war will continue until Hamas's military and governmental capacities are eliminated. This statement follows U.S. President Joe Biden's proposal of a peace roadmap, starting with a six-week Israeli withdrawal from populated Gaza areas. Biden emphasized the urgency of ending the conflict in a televised address, highlighting the chance for peace. The war, triggered by Hamas's October 7 attack killing 1,189 Israelis, has led to Israel's retaliatory offensive, which has resulted in 36,284 Palestinian deaths, mostly civilians, according to Gaza's health ministry. The conflict remains intense, with 121 hostages still held by Hamas.
Brief by Shorts91 Newsdesk / 06:07pm on 31 May 2024,Friday International
Former US President Donald Trump condemned his New York trial as "very unfair" and vowed to appeal his conviction. Speaking at Trump Tower in Manhattan, Trump criticized the trial process, calling his opponents "sick" and "fascists." He said witnesses supporting him were "crucified" and claimed he was not allowed to testify, despite wanting to. Convicted on 34 counts of falsifying business records, Trump declared, "we're going to be appealing this scam." He added that while he is "honored" to challenge the legal system, it has been hard on his family, friends, and businesses.
Brief by Shorts91 Newsdesk / 02:39pm on 31 May 2024,Friday International
Former President Donald Trump was convicted of 34 Class E felonies in New York, each carrying a potential sentence of up to four years in prison. Despite the conviction, Trump can legally run for president and even serve from prison. Sentencing is set for July 11. Trump, 77, plans to appeal. If sentenced to probation, he might still vote if New York's lenient standards apply. Trump faces three other criminal cases, complicating his 2024 campaign. The legal saga adds significant uncertainty to his political future.
Brief by Shorts91 Newsdesk / 02:24pm on 31 May 2024,Friday International
Israeli forces ended their operations in north Gaza's Jabalia after intense fighting and over 200 airstrikes, preparing to target Hamas strongholds in Rafah. The military discovered rocket launchers, weapons caches, and tunnel shafts. During the Jabalia offensive, Israeli troops killed hundreds of Hamas operatives and disabled a 10 km tunnel network. Over 36,000 Palestinians have died since the conflict began, according to Gaza's health ministry. Israeli officials demand the return of hostages as a condition for halting the conflict. The UN warns of incipient famine due to widespread destruction and slow aid deliveries.
Brief by Shorts91 Newsdesk / 12:06pm on 31 May 2024,Friday International
A man went on a stabbing spree at a political rally in Mannheim, Germany, injuring at least two people, including a police officer. The attack occurred during a Citizens’ Movement Pax Europa event, known for its anti-Islamist stance. The attacker, live-streaming his actions on YouTube, was shot dead by police after ignoring orders to stop. Anti-Islamist speaker Michael Stuerzenberger was among the victims. Authorities are investigating the motive behind the attack. The incident has raised serious concerns about security at public events.
Brief by Shorts91 Newsdesk / 11:00am on 31 May 2024,Friday International
A dramatic scene unfolded in the Manhattan Criminal Courthouse as Donald Trump was found guilty on all 34 counts related to falsifying business records. The former president visibly shook his head in disgust as the verdicts were read out. The tension was palpable as Trump's son Eric offered a fist bump in a moment of solidarity. Trump's emotions boiled over as the guilty verdicts piled up, a stark contrast to his confident demeanor earlier in the day. This historic conviction marks a first for a former US president, adding fuel to the fire of his potential 2024 presidential bid.
Brief by Shorts91 Newsdesk / 08:02am on 31 May 2024,Friday International
The US President Joe Biden has granted Ukraine permission to use American-supplied weapons to strike Russian targets in the Kharkiv region, US officials confirmed. This authorization allows Ukraine to engage in "counter-fire purposes" against Russian forces attacking or preparing to attack Ukrainian positions. The US has maintained its policy prohibiting long-range strikes inside Russia, but has made an exception for defensive strikes in the Kharkiv region. This decision follows signals from the UK and other European leaders to relax restrictions on weapon use, aimed at supporting Ukraine's defense against Russian aggression.
Brief by Shorts91 Newsdesk / 06:11am on 31 May 2024,Friday International
A New York jury has convicted former President Donald Trump on all charges in his hush money case, making him the first US president to be convicted of a crime. Trump was found guilty of 34 counts of falsifying business records. The verdict comes just five months ahead of the presidential election, where Trump seeks to recapture the White House. Despite the conviction, Trump is still eligible to campaign and run for office, as the US Constitution only requires presidents to be at least 35 years old and natural-born US citizens. Sentencing is set for July 11.