House bill would extend deadline for TikTok divestiture | Renewal of FISA Section 702 is down to the wire | Va. lets colleges provide direct compensation to athletes
Apple says that China, citing national security concerns, has directed the company to delete certain messaging apps from its App Store in the country. The order has resulted in the removal of Meta Platforms' Threads and Whatsapp as well as Telegram and Signal, with Apple saying it is "obligated to follow the laws in the countries where we operate, even when we disagree."
House Speaker Mike Johnson, R-La., has detailed a new version of a bill that would give Chinese company ByteDance a year to spin off the TikTok social media platform, as opposed to the six months stipulated in an earlier version. Failure to comply with a divestiture requirement would result in the app being banned in the US. The revised bill also includes provisions regarding support for Ukraine.
Wrangling in the Senate continues over reauthorization of the Foreign Intelligence Surveillance Act's Section 702, which allows for warrantless monitoring of non-Americans outside the US in certain circumstances. Section 702's authorization is set to expire at 11:59 p.m., and the House has approved an extension, but some Democratic and Republican senators are seeking amendments that would delay reauthorization.
Georgia Amoore of Virginia Tech throws a pass around Baylor University women's basketball players on March 22 in Blacksburg, Va. (Ryan Hunt/Getty Images)
A Virginia law set to take effect July 1 will enable colleges and universities in the state to directly compensate athletes via name, image and likeness deals, a practice that remains prohibited under NCAA rules. The law potentially gives schools in Virginia an advantage in recruiting athletes, and it could help drive legislative action elsewhere, as several other states are considering similar measures.
A group of funds has built up a large short position in the Treasury market and could destabilize the financial system during turbulence, according to the International Monetary Fund. The funds "may have become systemically important to the Treasury and repo markets, and stresses they face could affect the broader financial system" because they "account for most of the short positions in Treasury futures," the IMF says in a report.
Sen. Elizabeth Warren, D-Mass., and Rep. Ro Khanna, D-Calif., have introduced legislation that would end the trading of water as a commodity. California currently has such a market, but water futures prices there have declined after a couple of wetter-than-usual years. "Water is not a commodity for the rich and powerful to profit off of," Warren says.
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US District Judge Amit Mehta has rejected a bid by former President Donald Trump to place on hold a series of lawsuits seeking civil damages in connection with the Jan. 6, 2021, attack on the US Capitol. Trump had sought to delay the case while the federal criminal election-interference case against him is underway. Meanwhile, jury selection continues in New York in Trump's criminal trial on charges related to hush-money payments during the 2016 presidential campaign.
The New York Court of Appeals this week heard arguments in a case brought by the Roman Catholic Diocese of Albany and other church groups seeking to invalidate a regulation that requires health insurers to cover medically necessary abortions. The coverage is protected under law regardless of the outcome of the case, but similar arguments could be used against it in the future.
Some experts say that activities not traditionally thought of as exercise can be just as valuable for good health, including dog walking, skating, shopping, cleaning house, using the stairs and playing in the water. "If we were to add up all these little movements throughout the day, most of us would probably find we're doing more than we think," says Kelley Blalock of Nuffield Health in the UK.