Congressman Cleo Fields is facing allegations of insider trading involving a large amount of Oracle stock he purchased days before President Trump signed an executive order giving Oracle an advantage in TikTok’s pending U.S. spinoff. That’s according to news site NORTUS. Fields denies he had any inside knowledge and says he follows the strict rules for members of Congress and reports all his trades before the required 45 days.
It’s unclear whether Fields initiated the trade himself or if a financial adviser did so on his behalf.
Farm Bureau has also notified the Department of Insurance that it has started writing more wind and hail coverage for homeowners across the state. Insurance Commissioner Tim Temple says it’s because the legislature modified the three-year rule in the 2024 legislative session.
Cut 5 (14) “…manage their portfolio.”
Temperatures throughout the state will be above normal this weekend. As for the tropics, the National Hurricane Center is keeping an eye on a disturbance near the Central Bahamas that it says has a low chance of becoming a cyclone. State Climatologist Jay Grymes says there’s a good chance that we’ll get through this hurricane season unscathed.
Cut 11 (13) “…to the tropics.”
The Saints look for their first win on Sunday when they host the New York Giants. Despite an 0-and-4 start, veteran linebacker Demario Davis says the Black and Gold have improved.
Cut 14 (12) “…what you’re doing.”
Kick off in the Dome is at noon.