Trump Tariffs: President Sends First Letters To Japan And South Korea
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Sable Offshore (SOC) Climbs 41% W/W on Looming Las Flores Restart
We recently published . Sable Offshore Corp. (NYSE:SOC) is one of this week's biggest players. Sable Offshore saw its share prices jump by 41.28 percent in just the past five trading days of the week, as investors turned optimistic about the looming restart of its long-shut Las Flores pipelines. This followed a market report from Roth Capital earlier in the week that claimed Sable Offshore Corp. (NYSE:SOC) was nearing the receipt of a final affirmative ruling before it could officially restart works in its Las Flores pipelines, that was ordered shut in 2015. According to the report, a US judge already allowed the company to move forward with certain preparatory steps, but it remains unauthorized to restart pending the receipt of a signed notice of compliance. Once in full swing, the company stands to benefit from the expansion of the artificial intelligence sector amid the continued growing demand in power from data centers. Copyright: Elnur / 123RF Stock Photo Earlier this week, President Donald Trump announced that the US would expect investments worth $92 billion in the AI and energy sectors over the next few years. He earlier pledged that the government would fast-track permits to support the aggressive expansion program. While we acknowledge the potential of SOC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
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Epstein's Ex Says He And Trump Had A ‘Very Close' Friendship And Were ‘Up to No Good'
A former Sports Illustrated model who was romantically involved with convicted sex offender Jeffrey Epstein claimed Friday that her ex and President Donald Trump were quite close, adding more to the ongoing controversy surrounding the Epstein files. 'They were best friends,' Stacey Williams told CNN host Brianna Keilar on Friday night. 'I dated Jeffrey for a period of more or less, I think about four or five months, and the only friend that he would mention every time we saw each other or had a phone conversation was Donald.' #JeffreyEpstein's ex girlfriend accuses #Trump of groping her in front of #Epstein in 1993: 'That was his bro. That was his wingman…. They were very, very close.'#CNN#BreakingNews#EpsteinFiles# — Erin Burnett OutFront (@OutFrontCNN) July 19, 2025 Trump and his administration recently faced scrutiny over their handling of Epstein's sex abuse case after building up hype for the files' release — only for the Department of Justice and FBI to say there was no evidence Epstein was murdered in jail, nor did he have a so-called 'client list.' Those findings triggered a shift in the MAGA base, as many of Trump's supporters began to turn against him and the administration. Since then, Trump has tried to distance himself from the Epstein case, even calling his supporters 'stupid' and 'foolish' for speculating about it. Williams told Keilar on Friday that Trump was Epstein's 'bro' and 'his wingman,' claiming the two were 'very close and they were up to no good.' Williams previously came out with a bombshell accusation against the president during his campaign in October, claiming Trump had groped her in 1993 during an encounter facilitated by Epstein himself. White House press secretary Karoline Leavitt denied William's accusations last year, saying 'it's obvious this fake story was contrived by the Harris campaign.' However, Williams revisited that encounter on Friday. 'You know when that happens in broad daylight in someone's office and an assistant is walking back and forth, you're in shock,' Williams told Keilar. The president has sued reporters of The Wall Street Journal for publishing the contents of a lewd birthday card he allegedly sent Epstein in 2003, featuring a drawing of a naked woman and a message that read 'Happy Birthday — and may every day be another wonderful secret.' Trump called the message fake, claiming he never 'wrote a picture' in his life and that he doesn't 'draw pictures of women.' 'It's not my language. It's not my words,' the president said. According to Williams, that birthday card was not out of character for the Epstein-Trump duo. 'Are you kidding me? I know what they were up to together. It happened to me. I was polygraphed. I have the post-assault postcard with a love note,' Williams said. 'So I have the receipts. Where are Donald Trump's receipts? Where are they? I know what they were up to together, and I know what that means. It's very clear. It wasn't baking or fishing.' Related... Why Donald Trump's Jeffrey Epstein Cover-Up Matters Trump Sues WSJ Reporters, Murdoch For Libel After Epstein Birthday Card Story Fox News Host Laura Ingraham Teases Bombshell Trump-Epstein Report... Only To Ignore It
USA Today
23 minutes ago
- USA Today
EPA cuts its scientific research office, as layoffs set to take effect
The research and development office had been in the crosshairs of organizations allied with President Donald Trump. The Environmental Protection Agency eliminated its scientific research office in the Trump administration's latest cuts to the federal workforce. The change, announced July 18, affects the Office of Research and Development, which provided EPA with information to make decisions on standards for human health and the environment. EPA will now have a new Office of Applied Science and Environmental Solutions, according to an agency news release. 'Under President Trump's leadership, EPA has taken a close look at our operations to ensure the agency is better equipped than ever to deliver on our core mission of protecting human health and the environment while Powering the Great American Comeback,' Lee Zeldin, the agency's administrator, said in a statement. 'This reduction in force will ensure we can better fulfill that mission while being responsible stewards of your hard-earned tax dollars.' Officials said the creation of the applied science and environmental solutions office would allow EPA to prioritize research and science while putting it 'at the forefront of rulemakings and technical assistance to states.' EPA said organizational changes are saving nearly $750 million. The agency had already been subject to cuts in the new administration. A July 8 Supreme Court ruling allowed the Trump administration to implement sweeping reductions by Elon Musk's Department of Government Efficiency. In January, EPA had 16,155 employees, but the agency said it will now have 12,448 workers. It's unclear how many staff are affected by the July 18 announcement, while some will be reassigned in the agency. In an email, an EPA spokesperson said the next step would be sending notices to individual employees. The office includes biologists, chemists, epidemiologists and toxicologists. Scientists deal with emerging pollutants, including researching environmental emergencies such as floods, train derailments and wildfires, according to Nicole Cantello, legislative and political director for the American Federation of Government Employees Council 238, which represents EPA workers. "EPA is hellbent on destroying the foremost environmental research organization in the world," Cantello said. "That will only result in dirty air, dirty water and more health risks for the American people." Justin Chen, the union president, said the research and development office also sets regulatory guidelines for measuring pollutant levels. The restructuring places scientific research closer to the administrator, a political appointee, who "you can very well see turning a blind eye on things that may be inconvenient to friends of the administration," Chen said. In March, Democrats on the House science committee said there were about 1,540 employees across the country in EPA's reorganization plan of the Office of Research and Development. Lawmakers warned the plans would eliminate the EPA research and development office staffing by about 50-75%. The New York Times first reported on the plans. 'The obliteration of (the Office of Research and Development) will have generational impacts on Americans' health and safety,' Rep. Zoe Lofgren, D-California, the committee's ranking chair, said in a July 18 statement. 'This is a travesty.' The research and development office had been in the crosshairs of organizations allied with Trump, as the Times reported. The Heritage Foundation, a conservative think tank, specifically cited the EPA science office in Project 2025, the blueprint for Trump to reconfigure and downsize the federal government. Eduardo Cuevas is based in New York City. Reach him by email at emcuevas1@ or on Signal at emcuevas.01.
