“Back in 2018, during his first term as president, Donald Trump called for a curb on a federal requirement that publicly traded firms report their performance every three months. The idea is to nudge both investors and corporations toward longer-term perspectives and focus less on a fluctuating stock price. This week, the Securities and Exchange Commission (SEC) unveiled a plan that will allow such companies to provide reports every six months. In the intervening eight years, ever-faster algorithms have enabled warp-speed stock trading, inflating shareholder impatience and expectations of instantaneous information and returns. In 2021, a Cornell University study confirmed that ‘firms were actually becoming more short-term oriented across the market’ – a trend linked to the growing demand for more data and short-term projections for the investing public and markets.” (05/06/26)
“A man accused of a firebomb attack that killed one person and injured a dozen others while they were demonstrating in Boulder, Colorado, in support of Israeli hostages in Gaza has pleaded guilty to murder and other charges. Mohamed Sabry Soliman entered the pleas Thursday in Boulder County District Court. He now faces up to life in prison without the possibility of parole in the attack in downtown Boulder last June 1. Soliman’s attorneys revealed he would plead guilty in a Sunday court filing in a related federal case. Soliman has meanwhile pleaded not guilty to federal hate crime charges. Prosecutors are weighing whether to seek the death penalty in the federal case, according to his attorneys.” (05/07/26)
“Film-maker James Cameron and Disney are being sued by an actress who has accused the director of using her likeness as the basis for one of the lead characters in his hit film series Avatar. German-born US actress Q’orianka Kilcher, who is of indigenous Peruvian descent, alleged that in 2005 – when she was 14 – Cameron ‘extracted her facial features’ from a photograph of her portraying Pocahontas in another film, The New World. In court documents filed on Tuesday in California, her team claimed Cameron ‘directed his design team to use it as the foundation for the character of Neytiri,’ depicted on screen by Zoe Saldaña. BBC News has contacted Cameron and Disney for a comment. The Avatar movies contain a hybrid of live-action performance mixed with computer-generated characters.” (05/07/26)
“Oliver Larkin spent most of the 2024 election season spamming out ‘I’ll be blunt’ emails on behalf of Adam Schiff: ‘We had a massive fundraising list from the Trump impeachment, and I was up until 3 in the morning sending emails and texts. And in those first 24 hours, we raised like $1.6 or $1.7 million.’ Chained to his computer screens in a Deerfield Beach bungalow 3,000 miles from Schiff’s campaign headquarters, he began to feel disconnected from man’s innate feedback loops of longing and satisfaction. ‘Trump loved to single him out, he was attacking Schiff all the fucking time, every week, calling him ‘Pencil Neck’ or ‘Watermelon Head’ or ‘Shifty Schiff,’ and every time something like that happened it was like, this could raise ten thousand dollars, this could raise twenty thousand dollars,’ the candidate told the Prospect.” (05/07/26)
“Powerful storms that spawned at least three tornadoes tore through several Mississippi counties, damaging around 500 homes, uprooting trees and injuring at least 17 people, authorities said Thursday. There were no reports of deaths after the tornadoes cut across the state’s southwest late Wednesday evening, said Scott Simmons, a spokesperson for the Mississippi Emergency Management Agency. He said 12 of those hurt were transported from a hard-hit trailer park in the small community of Bogue Chitto, about an hour’s drive south of the state capital in rural Lincoln County. Most of the two dozen homes at Gene’s Mobile Home Supply were flattened into heaps of splintered boards and twisted metal. People picked through the debris Thursday morning under cloudy skies as a chain saw buzzed in the background.” (05/07/26)
“For the past century, the agendas of the Democratic Party were predictable. They professed concern for working Americans and supported blue-collar unions. Unemployment insurance, a 40-hour work week, disability insurance, and Social Security were their trademarks — often rapidly achieved by growing government bureaucracies and continually raising taxes. Still, many Democrats were socially conservative. By the 1970s, Democrats still deplored antisemitism. Party officials had rejected their own segregationists to champion civil rights. Presidents like Franklin Roosevelt, Harry Truman, and John F. Kennedy all supported strong defense and military deterrence. All that is now passe. The only vestigial Democrat left in Congress is Pennsylvania Sen. John Fetterman, himself roundly despised by Democrat leaders. Today, supporting Israel and calling for campuses to stop their institutionalized antisemitism is Democratic political suicide.” (05/07/26)
“Three women with links to the jihadist Islamic State (IS) group have been arrested on returning home to Australia following years in detention in Syria. All are Australian citizens. Police said they arrested two of them – Kawsar Abbas, 53, and Zeinab Ahmed, 31 – on arrival in Melbourne. Janai Safar, 32, was arrested after landing in Sydney. A fourth woman in the party, which includes nine children, was not arrested. The group are the subject of heated political debate in Australia, with the government saying it would give them no help to return. The children – thought to be aged from about six to their mid-teens – are to get psychological support and be assessed for possible radicalisation. Australia is one of a number of countries grappling with how to deal with the return of citizens – and their children – from Syria after the so-called Islamic State caliphate was destroyed in 2019.” (05/07/26)
“In 1919 Rosa Luxemburg, the revolutionary, was murdered in Berlin. Her killers bludgeoned her with rifle blows and tossed her into the waters of a canal. Along the way, she lost a shoe. Some hand picked it up, that shoe dropped in the mud. Rosa longed for a world where justice would not be sacrificed in the name of freedom, nor freedom sacrificed in the name of justice. Every day, some hand picks up that banner. Dropped in the mud, like the shoe. The peons on the farms of Argentina’s Patagonia went out on strike against stunted wages and overgrown workdays, and the army took charge of restoring order. Executions are grueling. On this night in 1922, soldiers exhausted from so much killing went to the bordello at the port of San Julián for their well-deserved reward. But the five women who worked there closed the door in their faces and chased them away, screaming, ‘You murderers! Murderers, get out of here!'” (05/07/26)
“Seven children and two women abducted by gunmen at an orphanage last month in the north-central region of Nigeria have been rescued by troops, the country’s army said on Wednesday. Authorities in Kogi state said gunmen attacked an Islamic orphanage that was operating illegally and abducted 23 pupils in an ‘isolated area’ of Lokoja, capital of Kogi State, on April 26. Fifteen of those abducted were immediately rescued. The troops intercepted and recovered the victims within a forest area in the state, army spokesman Hassan Abdullahi said in a statement. ‘The rescued victims comprised five boys, two girls, and two adult females, believed to be the wives of the proprietor of the orphanage,’ Abdullahi said. No group has yet claimed responsibility for the attack. Armed groups attack schools and abduct students because they are seen as strategic in drawing attention and exacting huge ransoms, according to analysts.” (05/07/26)
“The Rev. Jesse Jackson died February 17 at age 84. In 1984 and 1988, the civil rights activist ran for the Democratic presidential nomination, becoming the first Black man to wage a major national campaign for the White House. In his 1988 speech at the Democratic National Convention, Jackson emphasized, ’Politics can be a moral arena where people come together to find a common ground.’ Salim Muwakkil, in coverage for In These Times, made a similar assessment, writing that while many of Jackson’s followers ’are more comfortable agitating or deriding conventional political wisdom’, Jackson ’managed to harmonize most of those discordant notes.’ Almost 40 years later, as once-outsider politicians like Zohran Mamdani — now the first Muslim mayor of New York City — attempt to carve out space within the political mainstream, we return to Muwakkil’s words on the costs and opportunities of movement institutionalization and ‘“political maturity.'” (05/07/26)
