The Latest: 05/02/2025 01:59pm ET

All the latest national and international news. Topics also include finance, weather and entertainment.

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Episode Transcript

Speaker 1 (00:00):
This is your twenty four to seven use update the
latest views this hour at just four minutes.

Speaker 2 (00:08):
One hundred million Americans from Texas to New York are
under the threat of severe weather today. Northern Texas and
Oklahoma were hit with severe storms this morning for a
tenth straight day. Meteorologist Angie Lastman with more on the
areas at the highest risk. It's stretching from essentially Pennsylvania
all the way to Texas.

Speaker 1 (00:25):
Tornado threat is low. We could see maybe a couple
of those, but it's more so the hail and the
damaging winds that we're going to look and essentially across
parts of Texas is where we could see those largest hailballs.

Speaker 2 (00:34):
Forming President Trump plans to strip Harvard University of its
tax exempt status. Trump made the announcement in a post
on truth Social and added, it's what they deserve. It
comes after the White House asked the IRS to take
away the school's status last month, after Trump threatened to
stop funding at top schools to pressure them to get
rid of DEI programs, among other things. Seven people are
dead after a tour van and a pickup truck collided

(00:56):
near Yellowstone National Park in Idaho. Police say the craft
happened last night near Henry's Lake. There were fourteen people
in the tour van and six of them died, while
the driver of the pickup truck died as well. Last
month's jobs report is better than most analysts expected. The
Labor Department says one hundred and seventy seven thousand new
jobs were added last month. The forecast had been for
somewhere in the neighborhood of just over one hundred thirty thousand.

(01:19):
Jury selection is set to start Monday in Shan Didycombe's
sex trafficking trial. Jennifer Pulsoni reports the.

Speaker 3 (01:25):
Fifty five year old hip hop mogul has pleaded non
keilty to federal charges of sex trafficking, transportation to engage
in prostitution, and racketeering conspiracy, all connected to allegations of
abuse that span almost twenty years. Did He also rejecting
a last minute plea deal that would have avoided a
trial set to detail allegations of coercing victims to take

(01:46):
part in drug fueled sex encounters called freak offs. Did
He has been held for the past several months in
the notorious Brooklyn Metropolitan Detention Center. If convicted, he faces
life in prison. The trial is expected to last eight
to ten weeks. I'm Jennifer Pulsny.

Speaker 2 (02:01):
Stocks are up on Wall Street with a Dow up
over five hundred points in midday trading. I'm Li S. Taylor,
Rhode Island. Senator Sheldon Whitehouse missed a vote yesterday on
a bipartisan joint resolution to revoke the emergency order President
Trump used to enact tariffs. The effort failed on a
fifty to forty nine vote, with Vice President Advance breaking
a tie. According to a message white House posted on

(02:23):
social media, he was on his way back from the
Our Ocean Conference in South Korea. The Democrat noted he
was the only sitting US leader at the conference, which
he said in the past was attended by eight dozen
or more US officials. Oil prices are on a free fall,
plunging below sixty dollars a barrel on the open market.
If it gets much lower, producers warned that riggs could
be shut down and workers sidelined. Oil.

Speaker 1 (02:45):
Yes, producers will take riggs off the market if prices
don't come up.

Speaker 2 (02:49):
Jay Young heads the King Operating Corporation, which is based
in Texas. He says the ideal oil price is around
eighty bucks a barrel. The price decline is being attributed
to an OPEC announcement that they're not planning to cut production.
Despite the drop, consumers are not seeing lower gas prices
at the pump for the most part. Greg Popovich is
out as head coach at the San Antonio Spurs. Michael

(03:10):
Board reports.

Speaker 1 (03:10):
Coach pop saying in a statement that he still has
passion for the game, but it's time to step aside.
A stroke last year forced him from the bench. The
NBA Hall of famerus not going far. He's transitioning to
team president, according to the Spurs, when he leaves some
big shoes to fill. Popovich is the NBA's all time
winning as coach and led the Spurs to five championships.
The team did not release details about the search for

(03:32):
his replacement.

Speaker 2 (03:33):
I was in high school when the Avengers came.

Speaker 1 (03:37):
Kind of strange that it's all over now. No one's
coming to save the day.

Speaker 2 (03:40):
Thunderbolts is off to a big start at the box office.
The new Marvel Studios film pulled in eleven and a
half million dollars in Thursday previews. The film starring Florence
Pugh and Sebastian stan as marvel Anti Heroes. Is also
a hit on Rotten Tomatoes, where it has an eighty
eight percent score from top critics. Meanwhile, the vampire thriller
Sinners is expected to come in second. In place, it

(04:00):
could make another thirty million dollars in its third weekend.
I'mly Se Taylor.