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Begbies Traynor profit surges on lucrative large-scale failures

Insolvency specialist Begbies Traynor has posted a near doubling of its pre-tax profits, driven by a rise in higher-value corporate failures and sustained demand for advisory services across the UK. The firm, which is listed on AIM, reported pre-tax profits of £11.5 million for the year to 30 April 2025, up from £5.8 million a year earlier. Revenues rose by 12% to £153.7 million, from £136.7 million in 2024. Executive chairman Ric Traynor said the...

Tariff case pits Cato Institute against Trump over ‘unlimited’ executive power under emergency law

The Cato Institute is warning that the federal government is testing the outer limits of executive power with President Donald Trump’s use of emergency tariffs, and it wants the courts to put a stop to it. In a new amicus brief filed in V.O.S. Selections, Inc. v. Trump, Cato argues that the president overstepped his legal authority under the International Emergency Economic Powers Act (IEEPA) by imposing steep tariffs on imports from countries including China,...

Biden’s strange use of teleprompter in donor’s home infuriated supporters, dashed expectations

Former President Joe Biden’s persistent use of a teleprompter during public events, including during a fundraiser with just a couple dozen supporters, left donors complaining for months and dashed their expectations of hearing from the 46th president, a new book claims.  ‘For most of the campaign, Biden only ever spoke with the assistance of a teleprompter, even for small private audiences,’ a new book, ‘2024: How Trump Retook the White House and the Democrats Lost...

Supreme Court lets Trump’s ‘wrecking ball’ federal job cuts proceed while legal fight continues

The Supreme Court on Tuesday allowed the Trump administration to move forward, at least for now, with plans to implement large-scale cuts to the federal workforce, issuing a stay that lifts a lower court’s injunction against the administration’s executive order. In a 6–3 decision, the justices granted the emergency request filed by the White House last week, clearing the way for Executive Order No. 14210 to take effect while legal challenges play out in the...

TikToker knocks Harris’ ‘weird’ take on never released interview: ‘Not good’

Former Vice President Kamala Harris offered a take so ‘weird’ and ‘not good’ in an interview with social media personality Kareem Rahma that they both agreed to nix airing the footage, according to Rahma.  Rahma, who hosts the popular series ‘Subway Takes,’ where he asks commuters and sometimes celebrities their opinions, previously told the New York Times that he conducted an interview with Harris during the summer of 2024, but that it was never released. ...

‘Who wouldn’t want it?’: Netanyahu open to receiving stealth bombers, bunker-busters from US

As the fragile ceasefire between Israel and Iran continues, the Jewish State’s leader said that he would be open to having access to some of America’s most powerful military equipment. Israeli Prime Minister Benjamin Netanyahu made a stop on Capitol Hill Tuesday afternoon to meet with House Speaker Mike Johnson before a later confab with the Senate. It’s his first trip to Washington since the 12-day war between Israel and Iran erupted, and comes on...

Iran says it can strike the US and Israel for two years. Does it really have that power?

Even amid a fragile ceasefire, Iran continues to warn the United States and Israel that it retains the ability to inflict serious damage if provoked.  Iranian officials have declared the country can sustain daily missile strikes for two years — a claim drawing increasing scrutiny from military experts and Western intelligence analysts. ‘Our armed forces are at the height of their readiness,’ said Major General Ebrahim Jabbari of the Islamic Revolutionary Guard Corps (IRGC), speaking...

New book reveals what top ex-Biden aide was thinking during disastrous debate

President Joe Biden’s former chief of staff and a fixture of his re-election campaign, Ron Klain, privately announced during Biden’s disastrous debate performance: ‘We’re f—ed.’ ‘2024: How Trump Retook the White House and the Democrats Lost America,’ a new book released Tuesday by journalists Josh Dawsey of The Wall Street Journal, Tyler Pager of The New York Times and Isaac Arnsdor of The Washington Post, is the latest analysis of how Biden lost the White...

TSA expected to end shoes-off policy at many airports across US

The Department of Homeland Security (DHS) and Transportation Security Administration (TSA) are expected to roll back the ‘shoes-off’ airport security protocol at a Tuesday press conference in Washington. DHS sources confirmed a 5 p.m. ET announcement at Ronald Reagan Washington National Airport, following widespread reporting that TSA will allow more passengers going through security to remove their shoes. White House press secretary Karoline Leavitt said ending the protocol is ‘big news from @DHSgov’ in a post to X....

Trump administration moves decisively to block China from ‘weaponizing’ American farmland

The U.S. Department of Agriculture (USDA) unveiled its National Farm Security Action Plan on Tuesday morning. The plan is specifically meant to address threats from foreign governments, like China, and how those threats impact American farmers. It presents legislative and executive reforms such as banning Chinese nationals from obtaining farmland in the U.S., as well as assessing who holds land near military bases. ‘The farm’s produce is not just a commodity, it is a way...