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Martin Shkreli was sentenced to seven years in prison on Friday for defrauding investors out of more than million.Shkreli, who gained notoriety for inflating the price of a life-saving drug, had faced up to 20 years behind bars for mismanaging money at three hedge funds.He was convicted on August 5, 2017 of securities fraud and conspiracy in what prosecutors said amounted to a Ponzi scheme. Shkreli called the charges "a witch hunt of epic proportions."The-CNN-Wire? & ? 2018 Cable News Network, Inc., a Time Warner Company. All rights reserved. 564
Millions of out-of-work Americans are being surprised by new information. The 0 a week they were relying on receiving through the end of July is set to end a week earlier than they expected.“That is one week less of payments than families get. That is huge. That is the difference between being able to make a car payment, make your rent, put food on the table,” said Heidi Sheirholz.Sheirholz is a former chief economist with the Department of Labor and the current senior economist at the Economic Policy Institute and explained why the CARES Act supplemental is ending so soon.“What it says in the legislation essentially is that it ends on July 31 and we all thought, you know, the end of July, but when you look at the very specific language, what it says is that the last payment will be on or before July 31,” said Sheirholz.Basically, July 31 is a Friday. State unemployment systems end their week on the weekend and pay only full weeks. So, the last full week for a payout will be on July 26. Most states had listed July 31 as the final payment on their respective state’s unemployment website and have scrambled in recent weeks to clarify and adjust the date."It’s just going to create enormous hardship,” she added.Many people will more suddenly go from about ,000 a week in total unemployment benefits, to only whatever their states’ normal unemployment benefits are, which on average is about 5. However, it’s not too late for Congress to act and extend the 0 supplemental. Economist, like Sheirholz, hope they do.“That extra 0 per week for people who are getting unemployment insurance is supporting spending of millions of people and that supports the broader economy,” said Sheirholz. “We estimate that if the 0 additional UI payment is allowed to expire this country will lose over 5 million jobs over the next year.” 1859

LOUISVILLE, Ky. — Authentic is the winner of the 146th running of the Kentucky Derby.The Bay Colt held off a surging Tiz the Law down the final stretch Saturday evening.Authentic’s trainer, Bob Baffert, now has six career Kentucky Derby victories, tying Ben Jones for most of all-time. It's Baffert's 16th career triple crown victory, the most of all-time.It is also Hall of Fame jockey John Velasquez's third Kentucky Derby win.This is Authentic's fourth win in five career races. He finished second at the Santa Anita Derby.The Kentucky Derby was held at Churchill Downs after being postponed for four months because of the COVID-19 pandemic. The race was held without fans in the stands or the infield to prevent the spread of the coronavirus.Tiz the Law was the favorite to win the race after winning the Belmont Stakes, the kickoff to this year's reconfigured Triple Crown. Saturday's loss is his first loss since November 2019. He also entered the race as the only horse in the field with four straight victories.Authentic wins the Kentucky Derby!! pic.twitter.com/OiSrJEcvZz— Kentucky Derby (@KentuckyDerby) September 5, 2020 Headed back to the barn a Kentucky Derby Champion. ?? ?? pic.twitter.com/0gqmWIWc8y— Kentucky Derby (@KentuckyDerby) September 5, 2020 This story was originally published by Eli Gehn at WLEX. 1332
MENOMONEE FALLS, Wis. — Doctors said she wouldn't live this long. But now, a 5-year-old from Menomonee Falls, Wisconsin, is the strongest she has ever been."But she came out and she’s stronger than ever right," said Vivian Johnson's mom, Sarah.Behind her infectious smile is the resilient spirit of someone who has overcome more than anyone thought possible. 366
Michigan Gov. Rick Snyder activated the state's Emergency Operations Center to monitor the reentry of China's Tiangong-1 space station, which is expected to reenter the Earth's atmosphere between March 29 and April 2.While most of the space station is expected to burn up during reentry, there is concern that debris could make landfall. According to the Aerospace Corporation, the 8.5 ton space station could land along a strip of the United States from northern California to Pennsylvania, which includes the southern lower peninsula of Michigan. “While the chances are slim that any of the debris will land in Michigan, we are monitoring the situation and are prepared to respond quickly if it does,” said Capt. Chris A. Kelenske, Deputy State Director of Emergency Management and Homeland Security and commander of the Michigan State Police, Emergency Management and Homeland Security Division (MSP/EMSHD). “The state will rely on its existing satellite reentry response and recovery plan for any necessary response protocols.”Debris could contain hydrazine, which is a highly toxic and corrosive substance. Any suspected space debris should be considered hazardous.Anyone who suspects they've encountered debris from the space station should report it by calling 911 and stay at least 150 feet away from it. 1330
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