Morning Wire - Apartment Collapse In Iowa, Debt Deal & Target Troubles | Afternoon Update | 5.29.23
Episode Date: May 29, 2023Developing stories you need to know just in time for your drive home. Get the facts first on Morning Wire. American Home Shield: Save $50 when you join American Home Shield. Visit http://www.ahs.com.../WIRE Learn more about your ad choices. Visit podcastchoices.com/adchoices
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I'm Georgia Howe with Daily Wire Editor-in-Chief John Bickley.
It's Monday, May 29th, and this is your Morning Wire Memorial Day afternoon update.
Authorities in Davenport, Iowa are conducting a massive search and rescue operation after a six-story apartment building partially collapsed Sunday afternoon.
So far, authorities have not released the number of any possible casualties or injuries.
It's unclear what caused the building to crumble, but officials say that they found a gas leak and water leaking when they arrived
at the scene. A few witnesses told a local CBS affiliate what they saw.
There was a lot of screams, a lot of cries, a lot of people saying help.
The entire thing shook. I dropped everything I was doing.
When I checked out of my door and down the hall, I saw some apartments had water coming
out from under their doors. There was a lot of dust and debris.
President Biden and House Speaker McCarthy struck a deal over the weekend to raise
the nation's debt ceiling, with the clock ticking down on a default. The Democratic president
and Republican House Speaker reached a final agreement late on Sunday, as negotiators scrambled
to draft and submit the bill for review. The text includes various spending cuts and increased
work requirements for food stamp recipients, which Democrats had initially called a non-starter.
Congress has until June 5th to vote on the measure. We'll discuss the latest on the negotiations
tomorrow morning.
Retail giant Target has lost $10 billion in market capitalization in 10 days.
That's apparently due in large part to the backlash over prominent LGBTQ pride displays,
including clothing items designed for children.
As of Monday morning, the stock price had dropped to under $140 per share,
which translates to a 14% decrease in value for the Minnesota-based company.
The families of two of the four victims slain in the University of Idaho killings last
year reportedly have signaled they will support the death penalty for the 28-year-old man accused
of the quadruple murder. The suspect, Brian Koeberger, was indicted on charges including first-degree
murder of four friends and college students, Kaylee Goncalves, Ethan Chapin, Zana Kurnodal and
Madison Mogan, who were stabbed to death on November 13th of 2022. Attorney Shannon Gray spoke
to News Nation about the latest in the case. Like every family, I think they want justice for
the deaths of their daughter and Maddie and Zana and Ethan. So, you know, it's part of the process.
Following an investigation into allegations of corruption, the Texas House of Representatives took
the unprecedented move to impeach Attorney General Ken Paxton on Saturday. They've been 121 hours and 23
nays. The vote triggered an automatic, temporary suspension of Paxton until the Senate trial is over.
Paxton faces 20 articles of impeachment, including accusations of violating the state's whistleblower
law, entering into a settlement agreement with the whistleblowers that provides for payment of the
settlement from public funds, violating the Securities Act and more.
Paxton slammed the impeachment as illegal, unethical, and profoundly unjust after the vote.
Now the state Senate will begin its trial, which requires two-thirds support for the removal
of the Attorney General. We'll have the full report tomorrow morning.
Turkey's incumbent president, Ray Jeb Erdogan, cruised to re-election in a historic runoff vote over the weekend.
Turkey's Supreme Election Council declared Erdogan the winner on Sunday, and he will now remain in office until 2028.
Erdogan, who has been in office since 2008, said, quote, the only winner today is Turkey.
His supporters filled the streets of Turkey in celebration.
Those are your drive home updates this afternoon.
Thanks for tuning in on this Memorial Day as we all take a moment to remember our fallen heroes who made the ultimate sacrifice to keep us all free.
We'll be back tomorrow morning with the news you need to know.
