The Daily Factum
Deprogramming the News
Breaking News
Pittsburgh's Red Lobster on List of Potential Closures in Pennsylvania
Broke On: Wednesday, 05 June 2024Red Lobster in Pittsburgh is among several locations in Pennsylvania that may close following the company's bankruptcy. The restaurant chain, which has over $1 billion in debt and less than $30 million in cash on hand, plans to sell its business to its lenders and close some of its nearly 600 restaurants as part of the deal. 
GameStop Reports Q1 Loss, Announces Additional Share Sale Amidst Volatility and Unexpected Earnings Release
Broke On: Friday, 07 June 2024GameStop reported a net loss of $32.3 million and sales of $881.8 million for Q1 2024, marking a significant decrease from the previous year's figures. The company plans to sell an additional 75 million shares, following Roaring Kitty's bullish analysis on Reddit that drove stock volatility. GameStop unexpectedly released its earnings report, causing shares to plunge by 28% in morning trading. 
Isolated Federal Judge Aileen Cannon Presides Over Donald Trump's Criminal Prosecution Amid Concerns About Her Inexperience
Broke On: Wednesday, 05 June 2024Judge Aileen Cannon, the sole federal judge in Fort Pierce, Florida, presides over former President Trump's criminal prosecution for mishandling national secrets despite her isolation and limited trial experience. Her lack of interaction with more experienced judges and few criminal trials as a Justice Department attorney raise concerns about her ability to handle this high-profile case. 
D-Day at Pointe du Hoc: The Bravery and Sacrifice of the US Army Rangers
Broke On: Friday, 07 June 2024On D-Day's 80th anniversary, we honor the bravery of US Army Rangers who scaled Pointe du Hoc cliffs to destroy German guns, marking a turning point in WWII. Inspired by British Commandos, Rangers conducted daring raids and played crucial roles in Allied victories. Their sacrifices preserved freedom and inspired future generations. 
Record-Breaking Heat Waves: Phoenix and Las Vegas Reach 113 and 111 Degrees Fahrenheit Respectively, Impacting Millions
Broke On: Friday, 07 June 2024Record-breaking temperatures of 113 degrees in Phoenix and 111 degrees in Las Vegas on June 7 shattered records as extreme heat gripped the US Southwest. At least 86 million people faced temperatures of 90 degrees or more, with over 14 million experiencing over 100 degrees. The heat caused issues for communities and pets; Phoenix resident Camille Rabbani kept her thermostat high to avoid electricity bills for her dog Riggs. Death Valley reached a scorching 122 degrees on the same day, challenging the hottest temperature record of 134 degrees in 1913. 
Federal Trial: Hunter Biden Accused of Lying About Drug Use on 2018 Firearms Form
Broke On: Friday, 07 June 2024President Joe Biden's son, Hunter, is on trial for allegedly lying about his drug use on a 2018 gun purchase form (ATF Form 4473). The authenticity of the laptop containing sensitive information about Hunter's personal life and business dealings, which was initially dismissed as Russian disinformation in 2020, has been confirmed by the FBI. Despite hoping to resolve the case through a plea deal last year, it fell apart due to questions from the judge. The trial is ongoing with evidence being presented against Hunter. 
New Experiences at Tokyo Disneyland and DisneySea: Happy Ride with Baymax, Rapunzel's Lantern Festival, and Frozen Kingdom
Broke On: Thursday, 06 June 2024Tokyo Disneyland and DisneySea introduce new attractions and expansions, including The Happy Ride with Baymax at Tokyo Disneyland and Rapunzel's Lantern Festival in Fantasy Springs at DisneySea. Visitors can enjoy Peter Pan's Never Land Adventure, Frozen Kingdom with projection mapping technology, and dining experiences inspired by Frozen and Wreck-It Ralph franchises. 
Netflix Simplifies Homepage Experience with New Preview Feature and Streamlined Menu
Broke On: Thursday, 06 June 2024Netflix simplifies homepage experience with new layout designs, featuring hover previews and a streamlined top menu. Consolidating information aims to make content discovery easier for users. 
Xbox Game Pass: Octopath Traveler Returns with Sequel, Horror Debuts in June
Broke On: Thursday, 06 June 2024In June 2024, Xbox Game Pass subscribers can look forward to a variety of new titles, including the return of Octopath Traveler and its sequel, the sci-fi survival horror game The Callisto Protocol, WWI first-person shooter Isonzo, tabletop RPG Depersonalization, and survival horror game Still Wakes the Deep. Five games will leave Game Pass on June 15. More announcements are expected at Microsoft's Xbox Games Showcase event on June 9. 
China's Exports Surge 7.6% in May, Boosting Trade Surplus to $83 Billion
Broke On: Friday, 07 June 2024China's exports surged by 7.6% year-over-year in May, reaching $82.9 billion and exceeding expectations, driven by robust demand from Southeast Asia and a lower base effect. Exports to the US also rose for the first time in three months, while imports only increased by 1.8%. Notable growth was seen in exports of integrated circuits, hi-tech products, cars, and ships.