House GOP To Subpoena Biden Family

The House GOP will subpoena Biden family members, potentially including President Joe Biden, over Hunter Biden’s foreign business dealings, said Rep. James Comer, chairman of the House Oversight Committee.

The committee released bank records showing at least $20 million paid to Hunter Biden’s companies from countries including Russia and Ukraine, and Comer said more testimony would be heard before issuing the subpoenas.

Democrats continue to argue there’s no proof directly tying President Biden to Hunter’s complicated web of deals. Others disagree, and this infographic breaks down the details.

UPS Drivers Heading to $170,000 Salaries

UPS drivers will earn an average of $170,000 in annual pay and benefits at the end of the proposed new five-year contract negotiated with the Teamsters Union, according to UPS CEO Carol Tomé. 

That’s up almost 20% from the current average pay at UPS. By comparison, average pay increased 4.5% for all American workers between June 2022 and June 2023. The news drove searches for UPS delivery driver jobs up by 50%.

The agreement covers 340,000 workers at the package carrier. They’re currently in the middle of a vote that will end on Aug. 22 to ratify the contract.

Virgin Galactic Rockets Tourists Into Space

Virgin Galactic finally launched its first spaceflight with paying customers, including a former Olympian who bought his ticket 18 years ago when they were first offered. Tickets cost $200,000 then; they’re $450,000 now.

The Virgin space plane flew about 55 miles high for a brief flight that gave its three passengers a sense of weightlessness while they floated around the cabin before the plane glided back to a runway landing.

The passengers included 80-year-old British Olympian Jon Goodwin and a mother-daughter team from Antigua who were sweepstakes winners. The daughter, at 18, became the youngest person to go into space.

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➤ Donald Trump says he won’t sign the Republican loyalty pledge required to participate in the first GOP presidential debate this month. The pledge promises to support the eventual Republican nominee. (More) 

➤ Sen. Joe Manchin says he’s “thinking seriously” about leaving the Democratic Party and running for re-election in West Virginia as an independent. (More) 

➤ The Supreme Court Thursday temporarily blocked a nationwide settlement with Oxycontin maker Purdue Pharma that would have shielded its owners, the Sackler family, from civil lawsuits. The Court will hear the case later this year. (More)

➤ Russia is scheduled to launch its first moon mission in nearly 50 years today, racing to land a craft on the lunar south pole before a spacecraft from India gets there. (More) 

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➤ Golfing star Phil Mickelson wagered over $1 billion in the last 30 years, losing an estimated $100 million, a new book says. Mickelson once tried to bet $400,000 on his own Ryder Cup team. (More) 

➤ Philadelphia Phillies pitcher Michael Lorenzen threw a no-hitter in his first home start for the team. He threw 124 pitches — a career-high and the most of any pitcher this season – to beat the Washington Nationals 7-0. (More) 

➤ The NFL pre-season opens this weekend, featuring first-look match-ups, including the NFL debut Saturday of Heisman Trophy winner Bryce Young for the Carolina Panthers. (More Matchups) 

Market Report   8/10/23

➤ Big Stock Move: Shares of Capri Holdings, owner of fashion brands Versace and Michael Kors, soared 55% Thursday on news it was being acquired for $8.5 billion by Tapestry, owner of the Coach brand. Tapestry stock, by contrast, dropped 16%. (More)

➤ Another ranking of the best and worst states for retirement is out, showing Alaska once again to be the worst, followed by New York. Based on cost, crime, weather, and healthcare, the new ranking also lists the top five states for retirees. (See Top 5 Here) 

➤ Walt Disney Co. announced plans to raise prices for all its streaming services. Disney+ will go to $13.99 from $10.99, and Hulu to $17.99 from $14.99. The company also plans to limit password-sharing among friends and family members. (More) 

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➤  The Perseid meteor shower peaks this weekend. The best time to view is from Saturday night to Sunday morning, with pre-dawn Sunday being the most active. (More) 

➤ The James Webb Space Telescope has sent back an image of a question mark in deep space. No, seriously — it looks exactly like a question mark floating among the stars. Astronomers say it could be two galaxies colliding. (See Photo) 

➤ The peculiar wobble of a sub-atomic particle called a muon is forcing scientists to rethink their understanding of physics. The muon isn’t behaving like sub-atomic theory says it should, and no one knows why. (More) 

➤ The devastating wildfires in Maui have killed at least 53 people and turned the tourist town of Lahaina to ash. Southwest and American Airlines have added flights to help fly people off the island; 11,000 have been evacuated. (More) 

➤ A 73-year-old woman has transformed her Mexico City home into a health clinic for sick and injured hummingbirds. There are currently 60 receiving care in her home clinic. (See Photos) 

➤ A Colorado driving instructor accidentally smashed his car right through the walls of the “Learn to Drive” school. Police said luckily, the people inside “were able to dive out of harm’s way.” (See Photo) 

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Today’s Trivia

What is the average annual wage in the U.S.?