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Thursday, July 8, 2021

AFN News July 1

AFN NEWS

Thursday, July 1, 2021

1) From ABC News, I’m Daria Albinger. Bill Cosby’s home with sexual assault conviction overturned. The actor and comedian’s attorney Jennifer Bonjean, “Thankfully, they thought the way that we thought, where we always believed full, fully, that he never should have been prosecuted because there was an agreement made. He relied on that agreement, and you can’t have a system where prosecutors don’t hold up to their words.” Pennsylvania’s highest court said the decision not to charge Cosby by prosecutors in 2005 should have prevented him from being charged by different prosecutors years later. “He is a sociopath. He is a serial rapist.” Victoria Valentino tells ABC news she is disturbed because Cosby gets to go free. “My stomach is lurching and I am deeply distressed about being justice of the whole thing.” She claims Cosby drugged and raped her in 1969 but Cosby’s former TV wife is celebrating his release. Phylicia Rashad tweeting quoted a terrible wrong is being righted. A miscarriage of justice is corrected. Jason Nathanson, ABC News, Hollywood.

2) A new game plan for the NCAA (NC double A) has announced college athletes can get paid off endorsements.

3) The House votes to create a Select Committee to look into a January 6th attack on the Capitol. Maryland Democrat Steny Hoyer. “The American people are still demanding answers and accountability and they deserve both. They want to know that steps are been taken to understand what happened and take measures to ensure that it never happens again.” Republicans say the committee will be too bipartisan.

4) Sources tell ABC News Manhattan D.A. could file charges as soon as tomorrow against former president Trump’s company.

5) At least 16 people are dead nearly a week after the partial collapse of a high-rise condominium in Surfside, Florida. One hundred forty-seven people are still unaccounted for and the authorities say the rescue mission will continue.

6) The Dow closed up more than 200 points, the Nasdaq off about 20. You’re listening to ABC News.

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I’m Charles Payne, and this is the Fox Business Report.

Stocks ended mixed with the S&P 500 notching 5th straight record close on the last trading day of the month and the first half of the year. The Major Averages were powered by economic recovery that many investors believe it’s still gathering steam. The Dow rising 210 points, the Nasdaq down 24, S&P 500 up 6. // And the private sector of the U.S. added 692,000 jobs in June, and dropped from the previous month but still above economists’ estimate, according to the latest ADP National Employment report. Economists survey by the Wall Street Journal are expecting strong June employment report from the labor department on Friday. // LegalZoom made its Wall Street debut with shares hopping 35% from its initial public offering price of $28. LegalZoom provides legal and compliance services and operates across all 50 states.

That’s your Fox Business Report. I’m Hilarie Barsky, invested in you.