by Ja'han Jones | Nov 13, 2026 | Business, Civil Rights, Congress, Opinion, Sports, White House
The Democrats’ midterm election tidal wave may have washed away any hope for the oppressive college sports bill some lawmakers and corporate lobbyists have been trying to get signed into law.
The dubiously named Protect College Sports Act, or PCSA — which would place a host of restrictions on the amount of money college athletes can make and on their ability to collectively bargain or switch schools — has seemed to die and come back to life on multiple occasions. The bill would grant antitrust exemption to college sports conferences while placing restrictions on players’ opportunities to earn money and their ability to transfer schools. In September the Senate passed it with help from Democrats who disregarded opposition from player representatives and civil rights groups. But several people who have been involved with the bill told The Athletic last week that the legislation is basically on life support, with Democrats primed to take over Congress in January.
According to the outlet:
The Athletic spoke to 10 people who have been involved in some way with the PCSA to assess its prospects following the midterm elections, and most agreed with [one observer’s] general assessment: The PCSA, which has survived a few near-death experiences to get this far, is definitely not dead, but the odds are stacked against it passing into law. “The energy for this bill mostly came from the Republicans,” said one person involved in the process, speaking on condition of anonymity for a candid assessment of the situation.
Republicans are frantically trying to ram through many of President Donald Trump’s judicial and Cabinet nominations and other measures before Democrats take control of both
by Sydney Carruth | Nov 13, 2026 | Business, Donald Trump, News
Prediction market giant Kalshi has ended its advisory contract with President Donald Trump’s eldest son after his venture capital firm, 1789 Capital, made a significant investment in the prediction market’s chief rival, Polymarket.
“We have mutually agreed to end Don’s advisory role after his firm’s significant investment in a competitor this past summer,” Kalshi spokesperson Dani Lever said in a statement to MS NOW, adding that the company is “grateful” for his early marketing help.
Discussions about ending Donald Trump Jr.’s advisory role at the company began in August, after 1789 Capital made a major investment in Polymarket, according to a person familiar with the decision-making process who spoke to MS NOW on background. This person was granted anonymity because they were not authorized to speak about the decision publicly.
Kalshi officials and Trump Jr. spoke about his firm’s investment and his position on Polymarket’s advisory board this fall, according to the person familiar with the process. They reached a decision to end Trump Jr.’s contractual involvement after mutually concluding that his role as an adviser to both prediction market giants in the rapidly evolving industry is a conflict of interest.
Trump Jr. previously served on the advisory boards of both Kalshi and Polymarket. He holds a large volume of shares in Kalshi, while his venture capital firm, 1789 Capital, has invested heavily in Polymarket. He has publicly denied that his ties to the companies have influenced the Trump administration’s aggressive support for the platforms and or its position in legal disputes involving the industry and numerous states.
Trump Jr. and 1789 Capital did not immediately respond to MS NOW’s request for comment.
In an interview
by Steve Benen | Nov 12, 2026 | Business, Maddowblog, World
Today’s edition of quick hits.
* The most expensive adultery of all time: “Nvidia CEO Jensen Huang has resigned from his top post at the chipmaker he co-founded, after reports of the tech titan’s extramarital affairs came into the spotlight this week. One of those relationships has raised national security concerns.”
* In Gaza: “An Israeli airstrike targeting the Nasser Hospital in southern Gaza killed six people and wounded at least a dozen more, Gaza’s Health Ministry said. The strike was carried out early Thursday, according to the Israeli military, which said it struck ‘a senior Hamas terrorist’ and other militants, without providing evidence.”
* A life-threatening problem re-emerges in Ukraine: “Ukraine said restrictions on its military-grade Starlink satellite-internet service are once again hindering its drone operations, renewing disruptions to defenses against Russian attacks that hit the country last month. Ukrainian drones that rely on Starshield, a military version of SpaceX’s Starlink service, are losing connectivity if they fly faster than 100 miles an hour, Ukrainian President Volodymyr Zelensky said on Telegram.”
* Great news on combating Ebola in Kenya: “Kenya began a countdown on Wednesday to declare the end of its Ebola outbreak. The final patient who had tested positive for the virus was discharged from the hospital on Wednesday. And the Kenyan cabinet secretary for health, Aden Duale, said at a news conference that the last 11 people being monitored for Ebola symptoms had also been discharged after completing a 21-day quarantine period.”
* The war apparently isn’t over: “At a combative town hall of 500 family members of the USS George H.W. Bush Carrier Strike Group, Navy leaders said Iranian attacks continue
by Sydney Carruth | Nov 12, 2026 | Business, News, White House
Jensen Huang resigned Thursday as CEO of Nvidia, a top producer of artificial intelligence chips, following reports of two extramarital affairs, including one with a suspected Chinese spy.
Huang also stepped down as a member of the company’s board, effective immediately, Nvidia’s board of directors announced. Nvidia’s chief financial officer and executive vice president, Colette Kress, will temporarily serve as CEO. The board said it will look at internal and external candidates to determine who will permanently lead one of the world’s most geopolitically influential companies.
Nvidia shares plunged 10% in premarket trading following the announcement, dropping by 13% as markets opened Thursday. Huang’s departure comes after the company launched an investigation into a relationship he reportedly was having with a woman who U.S. intelligence officials are said to have determined was a Chinese asset. Subsequent reports said he had a second affair with an executive who reports to him.
On Sunday, Huang apologized in a statement to the company, saying, “I was unfaithful to my wife” and that “my actions hurt her and our children. There is no excuse for what I did. I am deeply sorry.” He did not say with whom he had an affair.
The incoming Democratic-controlled Congress is also preparing to investigate Huang and to what extent President Donald Trump knew about China’s alleged spying.
House Foreign Affairs Committee Chairman Brian Mast, R-Fla., told MS NOW on Thursday that Huang has agreed to testify to Congress in what is “likely going to be an under oath transcribed video recorded between several committees,” before the House adjourns for Thanksgiving recess. Mast did not say when Huang would testify or whether it
by The Associated Press | Nov 9, 2026 | Business, News, World
SAN FRANCISCO (AP) — Nvidia is opening an investigation into reports that CEO Jensen Huang was the “target of a foreign intelligence effort,” the company’s board of directors said Sunday.
The announcement came after Huang acknowledged to the board that he had been intimate with a business executive whom U.S. intelligence determined was gathering information for Beijing, The New York Times reported.
Huang apologized in a message to the company, according to the Times. “I was unfaithful to my wife,” he said. “My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry.”
Nvidia’s board said in a statement it has “no reason to believe that either national security or Nvidia secrets were compromised,” but that its inquiry would examine all available information. Huang “fully supports the review and has committed to cooperating with it,” the board said.
Huang, 63, will remain CEO during the investigation.
The Times reported last month that U.S. intelligence agencies had discovered that Huang had developed a close relationship with Alice Huang, a Chinese citizen and chip buyer, and determined that she was feeding information directly to Beijing. The two are not related, according to the Times.
Alice Huang was previously a television reporter in China before becoming a top executive at Singapore-based data center company Megaspeed, which has become one of Nvidia’s biggest customers in Southeast Asia. Megaspeed bought more than $4.8 billion worth of Nvidia chips over the past two years, according to the Times.
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by Clarissa-Jan Lim | Oct 3, 2026 | Business, culture, News, World
The FlyDubai pilot who allegedly attacked his captain on a flight to Israel earlier this week used a crash ax and tried to seize control of the aircraft in an attempted terrorist act, a United Arab Emirates official said.
The pilot, who has been identified as an Omani national, used a crash ax to attack the flight’s captain and then tried to take control of the plane, UAE Attorney General Hamad Saif Al Shamsi said in a statement reported by Emirates News Agency. A crash ax is a tool to break windows during an emergency.
Israeli Prime Minister Benjamin Netanyahu said he spoke by phone on Saturday with Captain Smit Machchhar, who described taking blows “one after the other” during the call.
The Israeli ambassador to the UAE, Yossi Shelley, previously told MS NOW that the pilot had been employed by FlyDubai for a year.
The plane was traveling from Dubai to Tel Aviv on Wednesday when the incident happened. As it closed in on the Israeli border, the aircraft plunged more than 14,000 feet in 30 seconds, according to FlightRadar data.
Most of the passengers on the flight were Israeli, according to Netanyahu. Four were Americans. Machchhar, an Indian national, despite having been bludgeoned, described fighting back and opened the cockpit door so that others could intervene and subdue the alleged attacker.
Netanyahu called him a “hero.”
An investigation into the incident is underway. FlyDubai, an Emirati government-owned airline that has operated commercial flights from Dubai to Tel Aviv since 2020, has since temporarily suspended service to the Israeli city.
Inzamam Rashid contributed reporting.
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