Today’s News
Announcement: Final Issue
The Daily Reporter is proud to have served as Franklin County’s daily law journal since 1896 and it is with sincere regret that we announce our closure. This, the Dec. 12, 2025, newspaper, will be our final issue. For years, newspapers all over the country have been greatly impacted by the rise of the internet and digital media, leading to declining subscription and advertising numbers while business costs steadily increased. In addition, for many of [...]
Cracker Barrel lowers revenue forecast for 2025
Cracker Barrel posted lower-than-expected sales in its fiscal first quarter and trimmed its revenue forecast for the year as it continued to feel the fallout from a botched plan to revamp its logo and restaurants. The Lebanon, Tenn.-based restaurant chain earlier this week said its revenue fell 5.7 percent to $797.2 million in the three months ending Oct. 31. That was lower than the $800 million Wall Street anticipated, according to analysts polled by FactSet. [...]
Takeover bid of parent company means limbo for CNN and other cable networks
Paramount Skydance’s takeover bid of Warner Bros. Discovery places CNN and its sister cable networks squarely back into what is expected to be an extended period of management limbo. There was some relief at CNN with last week’s announcement that Netflix was buying Warner’s studio and streaming businesses, since the cable network would not be a part of that deal. That quickly changed on Monday, however, with Paramount’s announced bid, which includes the cable assets [...]
FDA opens safety review of injectable RSV drugs given to babies, toddlers
WASHINGTON (AP) — Food and Drug Administration officials have opened a safety review of two injectable drugs used to protect babies and toddlers from RSV, the respiratory virus that sends thousands of children to the hospital each year. The long-acting drugs from Merck and Sanofi are not vaccines, but the federal government review comes as health officials and advisers under Health Secretary Robert F. Kennedy Jr. roll back recommendations on routine childhood vaccinations. A spokesman [...]
Senate heads toward dueling partisan votes on health care, with each expected to fail
WASHINGTON (AP) — The Senate is heading toward dueling partisan votes on health care this week after Republicans said that they had united around a plan, for now, that would allow COVID-era health-care subsidies to expire. Both the Republican plan, which would replace the subsidies with new savings accounts, and a Democratic bill to extend the enhanced Affordable Care Act tax credits for three years lack the bipartisan support needed for passage. Senate Majority Leader [...]
Legal News
Meta prevails in historic FTC antitrust case
SAN FRANCISCO (AP) — Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram [...]
Judge approves opioid settlement for Purdue Pharma and Sackler family members
A federal bankruptcy court judge earlier this week formally approved OxyContin maker Purdue Pharma’s plan to settle thousands of lawsuits over the harms of opioids. [...]
Judge set to OK Purdue Pharma settlement deal
A judge last week said that he planned to approve a deal for OxyContin maker Purdue Pharma and members of the Sackler family who own [...]
Business News
Report: Number of job openings remained at 7.7 million in October
WASHINGTON (AP) — The number of job openings across the country barely budged in October, coming in at 7.7 million with ongoing uncertainty over the [...]
PepsiCo to cut prices, eliminate products as part of an agreement with new investor
PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor announced this week. The Purchase, N.Y.-based company, [...]
Boeing finalizes purchase of Spirit AeroSystems
Boeing earlier this week said it has completed a $4.7 billion purchase of key supplier Spirit AeroSystems, which builds fuselages for the giant aerospace company’s [...]
Real Estate
Average mortgage rate declines to 6.19 percent, near its low mark for the year
The average rate on a 30-year mortgage fell again last week, slipping close to its low point so far this year. The decline brings the [...]
National Association of Realtors economist forecasts home sales to increase 14% in 2026
Existing-home sales are projected to rise by around 14 percent in 2026, according to National Association of Realtors Chief Economist Lawrence Yun. Yun earlier this [...]
Mortgage rate falls to 6.23 percent
The average rate on a 30-year mortgage ended a three-week streak of increases, reflecting a pullback in long-term U.S. Treasury bond yields. The average long-term [...]
Politics
Education Department workers are returning to work to address complaint backlog
WASHINGTON (AP) — The Trump administration is bringing back dozens of Education Department staffers who were slated to be laid off, saying their help is [...]
Social Security Administration plans to reduce field office visits by 50 percent
WASHINGTON (AP) — The Social Security Administration says it is planning to reduce visits to its field offices in half next year, a move that [...]
HHS unveils strategy to expand its adoption of artificial intelligence technology
NEW YORK (AP) — The U.S. Department of Health and Human Services has outlined a strategy to expand its use of artificial intelligence, building on [...]