SMITH COUNTY — As East Texas counties continue searching for solutions to protect their property and water rights, Van Zandt County is proposing a partnership with Smith County to better protect the region’s natural resources. According to our news partner KETK, Van Zandt County proposed a 391 commission, which would create a council including commissioners and residents from both counties. It would allow neighboring counties to work together to protect the region’s groundwater and property rights. The commission would oversee potential projects in the area and discuss developmental issues that affect both counties.
Following Tuesday’ s meeting, attended by several key lawmakers and public officials, Smith County Commissioners voted to table the decision until they obtained further information on the proposal. During a Smith County Commissioners Court meeting earlier this month, Van Zandt County resident David Dunigan said if Smith County entered the partnership, it would ensure better protection of the region’s natural resources.
“Your voice is going to tell people we can’t be predatory against East Texas counties anymore,” Dunigan said. “I really urge you guys to amplify your voice for the citizens of this county, and for the surrounding East Texas counties to be able to at least say yes, we want something, or no, we don’t.” Continue reading Natural resource protection motion tabled
TEXARKANA, Texas (KETK) — Two people are dead and one person is recovering at a hospital after a domestic dispute led to a shooting at Texarkana Aluminum early Tuesday morning, the Nash Police Department confirmed. According to Nash PD, the shooting occurred at the facility’s parking lot at around 6:37 a.m. 48-year-old Eddie Hill Jr. was attempting to intervene in what is believed to be a domestic dispute between 40-year-old Wendell Champion Jr. and his wife, who worked at Texarkana Aluminum.
Champion Jr. then shot and killed Hill Jr. and shot his wife. She was transported to a local Texarkana hospital and is in stable condition, the police department said. Champion Jr. then shot and killed himself, Nash PD said. Champion Jr. had been convicted of murder in Harris County in 2010 and was released on parole in 2025.
There is no danger to the public at this time, the police department said.
Both Hill and Champion Jr.’s wife were employees of Texarkana Aluminum, which will continue operations as normal but has counseling available for employees.
SMITH COUNTY — A person has been arrested after a traffic stop in Smith County led officers to the discovery of a suitcase containing over 27 pounds of marijuana on Monday afternoon.
According to an arrest affidavit obtained from the Smith County Sheriff’s Office, deputies initiated a traffic stop on a vehicle on I-20 for traveling in the left-hand lane while not passing. The driver was identified as Reinaldo Hernandez.
Deputies detected the odor of marijuana while speaking to Hernandez. After getting consent to search and being denied, a detective and his K-9 partner conducted a free-air sniff, which resulted in a positive result. They then located a suitcase in the bed of the vehicle. The suitcase contained 25 vacuum-sealed bags containing marijuana. The bags totaled a weight of 27.5 pounds.
Hernandez was arrested for possessing marijuana in an amount equal to or less than 50 pounds but greater than 5 pounds. He was booked into the Smith County Jail on Monday and was later released after posting bond.
HENDERSON COUNTY – An East Texas county has passed a resolution asking the governor and a state representative to stop local officials from becoming “powerless observers” in the face of the fast growth of A.I. data centers. The resolution, which expressed concerns about the potential effects of large-scale data center projects on local infrastructure and natural resources, was read by the county’s attorney during a Henderson County Commissioners Court meeting on Tuesday morning.
Our news partners at KETK report that additionally, the resolution calls for an independent evaluation of the effects on natural resources before any new A.I. data centers are built. In order to address what the county refers to as “urgent reliability, water supply, and local governance concerns,” it also requests that state lawmakers investigate the matter and, if required, call a special session.
The decision was made almost a month after Data Factory showed interest in constructing a 10-megawatt facility in Athens. The company refers to its facilities as “flexible power farms,” a form of infrastructure that it claims can support high-performance computing while stabilizing strained power grids.
TYLER – Traffic signal work at the intersection of Troup Hwy and Loop 323 has now been completed. KTBB talked to Tyler PD Public Information Officer Andy Erbaugh Tuesday afternoon and he made the confirmation.
TEXARKANA (KETK) – Two people are dead and one person is recovering at a hospital after a domestic dispute led to a shooting at Texarkana Aluminum early Tuesday morning, the Nash Police Department confirmed. According to our news partner KETK and the Nash PD, the shooting occurred at the facility’s parking lot at around 6:37 a.m. 48-year-old Eddie Hill Jr. was attempting to intervene in what is believed to be a domestic dispute between 40-year-old Wendell Champion Jr. and his wife, who worked at Texarkana Aluminum.
Champion Jr. then shot and killed Hill Jr. and shot his wife. She was transported to a local Texarkana hospital and is in stable condition, the police department said. Champion Jr. then shot and killed himself, Nash PD said. Champion Jr. had been convicted of murder in Harris County in 2010 and was released on parole in 2025.
There is no danger to the public at this time, the police department said. Both Hill and Champion Jr.’s wife were employees of Texarkana Aluminum, which will continue operations as normal but has counseling available for employees.
LIVINGSTON (KETK) – Two people have been arrested after law enforcement discovered a possible pipe bomb near a Livingston home on Monday. According to our news partner KETK, the Livingston Police Department said officers were notified of a possible pipe bomb on Banks Drive and several nearby homes were evacuated as a perimeter was secured.
With the help of the Montgomery County Bomb Squad and the Bureau of Alcohol, Tobacco, Firearms and Explosives, technicians safely disabled the device and began an investigation.
A search warrant was conducted on a nearby home, leading Livingston PD officers to more explosive components. The home’s residents, 44-year-old Brian Humphreys and 37-year-old Shaney Humphreys, were arrested on the scene for possession of explosives and booked into the Polk County Jail.
“This investigation is still active and more charges are possible,” Livingston PD said. “At this time there is no threat to the public.”
TYLER – John Schnell of Tyler, a junior biochemistry major and Honors student at The University of Texas at Tyler, was appointed by Gov. Greg Abbott to serve a one-year term as the student representative on the Texas Higher Education Coordinating Board Learning Technology Advisory Committee, effective June 1.
According to a release from UT Tyler, LTAC engages in policy research and discussion on technology use in higher education, making recommendations to the Texas Higher Education Coordinating Board. Student representative selection is based on academics, interests and leadership skills.
“We’re so proud of John and the great work he will do representing students across the state,” said UT Tyler President Julie V. Philley, MD.
Schnell will graduate from UT Tyler in May 2028, with a Bachelor of Science degree in biochemistry. LTAC membership currently includes representatives from public community and technical colleges, universities and health-related institutions, as well as one student member.
A sign displays the prices of unleaded gasoline and diesel fuel at a Chevron gas station in Los Angeles on Monday, May 4, 2026. (Kyle Grillot/Bloomberg via Getty Images)
(LOS ANGELES) -- A Chevron gas station in Los Angeles elicited headlines in recent weeks for charging an eye-popping $8.71 a gallon, becoming an emblem for the spike in fuel costs set off by the Iran war.
Sky-high gas prices nationwide owe primarily to a historic oil shock that followed Iran’s effective closure of the Strait of Hormuz. But a lesser-known contributor helps account for just how high prices have gotten, at least at some name-brand stations selling fuel from the likes of Chevron, Shell and ExxonMobil.
Branded stations, which make up almost half of gas stations nationwide, charge about 6 cents more per gallon on average than their unbranded counterparts, according to data from the Oil Price Information Service (OPIS), a Dow Jones company, for the week ending on May 2. That price gap marks little change from where it stood before the war, OPIS data showed.
In at least one state, the price disparity runs significantly higher. Gas at a Chevron station in California costs an average of 48 cents more per gallon than the price at an unbranded station, the California Energy Commission (CEC) found in 2024. After Chevron, the most expensive average gas prices in California were found at Shell, 76 and Arco-branded stations, the CEC said.
Some analysts said the higher price of branded gas is due to additional costs, such as proprietary additives in the fuel, as well as a producer’s marketing budget and the payment forked over by stations for guaranteed access to its gas – costs that are passed on to consumers.
Other analysts and a California state watchdog, however, have said that the price disparity may stem from the market dominance of a handful of companies, allowing them to drive up the retail price.
The scrutiny comes as some large oil companies like British Petroleum, Valero and Marathon Petroleum report soaring profits amid the Iran war, though Chevron and Exxon saw profits decline due in part to one-time paper losses stemming from financial hedges meant to protect them against a possible price drop.
The price of an average gallon of gas currently stands at $4.52, an increase of $1.54 per gallon since the war began on Feb. 28, AAA data showed. That amounts to a nearly 52% jump in about two-and-a-half months.
Patrick Penfield, a professor of supply chain practice at Syracuse University, said the recent surge in prices could prompt a reexamination of the costs baked into the price at the pump, including the added charge for branded gas.
“When you see such big price increases for gasoline, everything should be looked at,” Penfield said.
Chevron did not directly respond to an ABC News request for comment. However, Jim Stanley, director of media relations at the Western States Petroleum Association, a industry trade group, contacted ABC News at Chevron's request.
Drivers choose branded gas stations as a matter of customer preference centered on issues like lighting, bathroom cleanliness or location, Stanley said.
"Any branded product – whether it’s medication or groceries or clothing – is going to generally cost more than a generic alternative," he added.
Stanley further said roughly 95% of branded gas stations operate as franchises, meaning they enter into agreements with big-name companies but retain self-ownership.
"Branded gas stations can have these brand standards that they hold their franchisees to: a higher standard than an independently owned store," Stanley added.
Kelly Davila, a spokesperson for Exxon, said the company doesn't "own or operate our retail stations."
Shell declined to respond to ABC News' request for comment.
Phillips 66, the parent company of 76, did not respond to ABC News' request for comment. Neither did Marathon Petroleum, the parent company of Arco.
Branded gas stations account for about 45% of stations nationwide, selling gas under the name of a major fuel company, OPIS data shows. Each of the brands touts a unique blend of additives that it says improves the gasoline and eases its effect on car engines. The extra ingredients go beyond the minimum standards mandated by federal and some state regulators, Denton Cinquegrana, chief oil analyst at Dow Jones Energy, told ABC News.
“At the end of the day, all gasoline has to meet a federal standard,” Cinquegrana said. “The branded gasoline goes above and beyond that minimum requirement.”
Higher prices charged by name-brand stations – a dynamic that stretches back decades – can be traced in part to spending on the development and production of the additives, Cinquegrana added: "They’re trying to recoup some of that investment.”
Some analysts, however, said it remains unclear whether the added ingredients deliver a meaningfully improved product.
“Regardless of each company’s claim, there is not sound evidence supporting the fact that additives do indeed improve the quality of gasoline, at least to the extent that the consumers perceive it to,” a study issued by the non-profit RAND corporation found in 2010.
The California Division of Petroleum Market Oversight (DPMO), a state watchdog agency, last year said it was "unable to independently verify claims that branded gasoline is superior to unbranded gasoline."
When asked about studies disputing the value of additives, Stanley, of the Western States Petroleum Association, declined to comment.
The higher price of branded gas also owes to marketing budgets borne by the big-name companies as well as elevated costs paid by retailers as part of agreements with the brands that guarantee them priority access in the event of a supply shortage, the U.S. Government Accountability Office said in a study of the issue published in 2005.
“Gas stations pay more for a contract for branded gasoline because they have a guarantee of supply. And they have a major global brand backing them up,” Cinquegrana said.
Some analysts and a California watchdog disputed those explanations. Rather, they said, the higher prices may reflect market power enjoyed by the large firms, giving them leeway to raise prices without fear of competition.
“My own reading of the data is that the branded companies are able to take advantage of a lack of a competitive market and are acting almost like an oligopoly,” Paasha Mahdavi, a professor of energy governance and political economy at the University of California, Santa Barbara, told ABC News, using a term that describes an industry dominated by a small number of companies.
Mahdavi focused on the relatively large price gap in California between branded and unbranded gas, which has widened in recent years.
In 2019, branded gas from companies like ExxonMobil, Arco, Valero and Chevron cost an average of 20 cents more per gallon in California; within five years, that price disparity had climbed to 31 cents, according to a DPMO study issued last year. Over that same period, the profitability of oil refiners in California has increased, DPMO said.
The rise in refinery profitability may be traced to the “exercise of market power by gasoline suppliers,” DPMO added, saying 90% of in-state refining capacity is controlled by four companies. As a result, elevated wholesale prices could be passed along the supply chain, DPMO said.
The largest companies appear to have “pretty strong control of not only upstream assets like oil and gas, but also control of the gas stations that are preferred by consumers based on location,” Mahdavi said. “They’re able to charge a higher premium.”
Valero did not respond to ABC News' request for comment.
Stanley, of the Western States Petroleum Association, said he is unsure why California features a larger gap in price between branded and unbranded gas than other states. One contributor, he said, could be the relatively low density of gas stations in the state.
"Competition brings down costs. When a retailer doesn't see that same level of competition, you can see that reflected in higher prices."
Stanley faulted environmental regulations in California for high overall gas prices.
"Branded or unbranded, gas in California is the most expensive in the country. That's because of supply constraints that have been created by state policies."
Mahdavi further said that the locations of branded gas stations may carry additional costs due to higher rents, accounting for some of the price gap.
The rise in prices during the Iran war offers an opportunity to revisit the factors that contribute to the price at the pump, according to Mahdavi.
“We can shine more light on what is driving these higher prices," he said.
In this photo illustration, the PayPal logo is displayed on the screen of a smart tablet. (Sheldon Cooper/SOPA Images/LightRocket via Getty Images)
(WASHINGTON) -- PayPal has agreed to waive $30 million in processing fees in order to resolve a federal investigation into an investment program that sought to boost Black and minority-owned businesses, the Justice Department announced Tuesday.
The probe is just one of a number launched under the Trump Justice Department scrutinizing companies that launched diversity, equity and inclusion (DEI) initiatives that Republicans have cast as unlawful and discriminatory.
DOJ had been probing whether PayPal's program, which was launched in 2020 following the killing of George Floyd amid social unrest around the country, violated a federal law prohibiting creditors from discriminating against applicants based on race.
In order to avoid further investigation, the company has agreed to waive processing fees for roughly $1 billion in transactions — estimated at $30 million -- "for eligible American small businesses that are veteran-owned or engaged in farming, manufacturing, or technology."
The announcement by DOJ does not explain why PayPal's transaction fee waivers will be directed to those specific classes of small businesses.
It has also agreed to launch a new small business initiative that does not account for "the race or national origin of the business owners."
“This Department of Justice is delivering on President Trump’s vow to root out illegal DEI from every corner of corporate America,” Acting Attorney General Todd Blanche said in a statement announcing the settlement. “American corporations are on notice: you will face our aggressive enforcement if you use race or national origin to discriminate against qualified Americans.”
The settlement does not include any admission of wrongdoing by PayPal, and under the agreement, the DOJ acknowledges it "has not made any determinations or findings regarding PayPal violating [the Equal Credit Opportunity Act] or any other federal law related to the economic opportunity fund."
“For more than two decades, PayPal has helped small businesses start, scale, and thrive by expanding access to digital financial tools," a PayPal spokesperson said in a statement to ABC News. "We’re excited to launch the Small Business Initiative to infuse American small businesses with even more economic opportunity.”
NEW YORK (AP) – Rex Reed, the prominent and outspoken film critic and journalist known for his longtime column in The New York Observer, died Tuesday. He was 87.
Reed died at his Manhattan home after a short illness, publicist Sean Katz said on behalf of Reed’s friend William Kapfer.
In a career spanning more than six decades, Reed became one of the most well-known voices in cultural criticism. He published eight books, acted in movies (playing himself in “Superman”), counted movie stars like Angela Lansbury as friends and often found himself in the spotlight for controversial comments. Most infamous among them was his assertion that Marlee Matlin’s Oscar win for “Children of a Lesser God” was a pity vote, and, decades later, comments about Melissa McCarthy’s weight and size in a review for “Identity Thief.” He also perpetuated a false conspiracy theory that Marisa Tomei’s 1992 Oscar win for “My Cousin Vinny” was fake.
When it came to the movies, he had a reputation for being a bit of a crank as well, often bemoaning the old days and feeling out of step with the next generation of film critics.
“I like just as many films as I dislike,” Reed told The New York Times in 2018. “But I think we’re drowning in mediocrity. I just try as hard as I can to raise the level of consciousness. It’s so hard to get people to see good films.”
Reed was born in Fort Worth, Texas, on Oct. 2, 1938, and spent his childhood moving around the South for his father’s job. He told the New York Times in 2018 that his origin story as a “controversial writer” began in the eighth grade, when he started writing a gossip column in the school paper and plotted his exodus to a more cosmopolitan life.
One of his first jobs was in the publicity department at 20th Century Fox, during the making of “Cleopatra,” but he was laid off due to budget cuts. The way he told it, he faked his way into film journalism while gallivanting around Europe with friends and looking for ways to fund a ticket home, including writing a Buster Keaton story for The New York Times. In the 1960s and ‘70s, he established himself as an in-demand magazine and newspaper writer and became a television staple, appearing on “The Tonight Show” with Johnny Carson and “The Dick Cavett Show.”
One of his most famous profiles was of Ava Gardner in 1967 for The New York Times (“There Is Nothing Like This Dame”), which was included in his collection “Do You Sleep in the Nude?” with profiles of Barbra Streisand, Lucille Ball, Warren Beatty and others. His work appeared in Vogue, Esquire, GQ and Women’s Wear Daily. He spent nearly four decades writing about films for the Observer.
Reed also acted occasionally, playing the pre-transition Myron in “Myra Breckinridge” and appearing alongside Laurence Olivier in the Korean War movie “Inchon.” He never married and has no immediate survivors. It was his writing that was his legacy.
“I’d like to be remembered as someone who really tried to make things better,” Rex told his Observer editor earlier this year. “Or at least respected what was good when it happened. Not as a curmudgeon. That’s not what I am in real life.”
UPDATE: The Henderson County Sheriff’s Office announced Friday that Medford is now believed to have left the county.Authorities warn the public not to approach him, describing him as a “violent individual” who poses a threat to community safety. Anyone who spots him is urged to contact law enforcement immediately.
HENDERSON COUNTY – The Henderson County Sheriff’s Office is searching for Ronny Medford, who is a person of interest in connection with the murder of his 84-year-old father. According to our news partner KETK, the sheriff’s office said, the murder took place at Medford’s Payne Springs home on Monday morning.
Investigators have also released a photo of a vehicle they believe picked him up. Medford is considered “a very violent individual” and is suspected to still be in the area.
NEW YORK (AP) — More than 20 years after it redefined fast shipping, Amazon is preparing to raise the bar on consumer expectations again by offering to fulfill customers’ most urgent product needs in a half-hour or less for an extra fee.
The company, which revolutionized online shopping in 2005 with two-day deliveries for Prime members, is rapidly opening small order-processing hubs in dozens of U.S. and foreign cities to cater to shoppers who can’t or don’t want to wait for cough medicine to relieve flu symptoms or tomatoes for tonight’s dinner salad.
The ultrafast service, called Amazon Now, first launched in India last June. Amazon says 30-minute deliveries now are also available in urban areas of Brazil, Mexico, Japan, the United Arab Emirates, the United Kingdom and the United States.
The mini-warehouses devoted to Amazon Now are about the size of a CVS drugstore. They stock about 3,500 products for expedited delivery, including beer, diapers, pet food, meat, nonprescription medications, playing cards and cellphone charging cables.
“We know that customers love speed and always have,” Beryl Tomay, Amazon’s head of transportation, told The Associated Press on Monday. “What we see customers doing, when we offer faster speeds, are they purchase more from Amazon. And Amazon becomes more top of mind for that or other types of items as well.”
In the U.S., the company first tested Amazon Now in Seattle, the home of its headquarters, and in Philadelphia. Most residents of Atlanta and the Dallas-Fort Worth area now have access as well. The service also is live or expected to land by year-end in Houston, Denver, Minneapolis, New York, Phoenix, Oklahoma City, Orlando, Florida, and dozens of other cities, Amazon said.
The service charges for Amazon Now start at $3.99 for Prime members, who pay an annual fee of $139, and $13.99 for non-members. A $1.99 small basket fee applies to orders under $15, Amazon said.
The company’s bet on a need for speed also comes as some consumers are rebelling against rushed deliveries as they weigh the potential impact on the environment and the workers tasked with preparing orders at a rapid rate.
Amazon’s approach
A relentless focus on speed helped Amazon build a logistics and e-commerce empire. After it made two days the new delivery time normal, Amazon moved into one-day and same-day deliveries for its Prime members. This spring, the company began making 90,000 products available in one hour or three hours at an extra cost.
The scaled down and sped up microhubs that are designed to handle 30-minute orders represent another step in Amazon’s pursuit.
Only a handful of people prepare orders from aisles of shelves in the 5,000- to 10,000-square-foot facilities, unlike the sprawling fulfillment centers storing millions of items where Amazon employs a mix of human workers and robotics to pick and pack orders.
Amazon tailors the product inventory to each location and uses artificial intelligence and other technology to analyze what customers buy, as well as when and how often. The most popular U.S. purchases so far include soap, toothpaste, mouthwash, toilet plungers, bananas, limes and wireless earbuds, Amazon said.
The competition
Amazon’s attempt to up the instant gratification ante provides direct competition to on-demand food delivery platforms like Instacart, Uber Eats, DoorDash and Grubhub, which don’t have the scale of the e-commerce titan, according to independent retail analyst Bruce Winder.
“What Amazon brings is their prowess in supply chain,” Winder said.
These smaller companies said they don’t see Amazon as a threat, though, citing the hundreds of thousands of items they are able to deliver to users’ doorsteps by partnering with various merchants and restaurants.
“DoorDash has a mission to empower grocers and retailers and augment their existing footprint, not to replace them,” DoorDash spokesperson Ali Musa said in an emailed statement. “We win only when they win, which is how we can offer over half a million grocery and retail items in under an hour across the country.”
Amazon also is in a race with Walmart to become the retailer that reliably gets orders to online shoppers in under an hour.
For an additional $10 on top of standard delivery charges, shoppers can place Walmart Express Delivery orders from among more than 100,000 products that are guaranteed to arrive in an hour. Many customers, however, are receiving the items under 30 minutes, Walmart CEO John Furner told analysts in February.
Domino’s cautionary tale
Companies have promised deliveries in 30 minutes or less before, but the landscape also is littered with failed attempts to break the speed barrier.
The COVID-19 pandemic produced a flurry of companies that promised 10- to 15-minute grocery deliveries from microwarehouses in dense neighborhoods, according to Sucharita Kodali, an analyst at market research firm Forrester Research.
But soaring operating costs, low customer loyalty and the drying up of investor money ultimately caused most to fail before the pandemic was over, analysts said.
Domino’s in 1984 pushed a guarantee that customers would receive their pizzas for free if they weren’t delivered in under a half-hour. The company amended the “30 minutes or it’s free” policy after two years, providing only a $3 discount for late deliveries.
The promotion helped Domino’s win market share, but it ended up tarnishing the company’s reputation. It dropped the guarantee in December 1993 after a string of crashes and lawsuits involving drivers racing to meet the deadline.
Brad Jashinsky, a retail analyst at information technology research and consulting firm Gartner, said he thinks Amazon should take the pizza chain’s experience as a cautionary tale.
“You get in trouble when you start overpromising something like that,” he said.
Amazon won’t be making any time guarantees and instead plans to keep customers who chose the 30-minute delivery option updated on the progress of their orders, Tomay said.
“There’s no rushing either in our building workers or the gig workers,” she said.
Taking it slow
Kodali thinks Amazon will need a lot of people placing orders around the same time from the same or adjacent apartment buildings for the 30-minute service to be cost-effective.
Consumers may appreciate rapid receipt of products like toilet paper and batteries, but retailers and logistics experts said they also see some online shoppers, especially members of Generation Z, choosing no-rush shipping for products they don’t need in a hurry.
Amazon for several years has invited customers to skip one- or two-day delivery and to receive their orders on the same day in as few parcels as possible. Consolidating orders into fewer packages by electing to have them delivered at the same time cuts down on boxes, shipping envelopes and fuel use, analysts said.
“The millennials who came to age in an era that was on fast delivery came to expect it de facto, whereas … Gen Z is more accepting of a slower speed than previous generations before them,” said Darby Meegan, a general manager at Flexport, a supply chain and logistics company that fulfills orders for thousands of online merchants.
Still, Amazon executives have cited positive early results for Amazon Now in India, where they said Prime members tripled their requests for 30-minute deliveries once they started using the service.
Amazon Now also is attracting more repeat American customers, Tomay said.
“It’s in early days and time will tell,” she said. “I think that it will be interesting to see how it evolves.”
GRAPEVINE (AP) – Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.”
Ryan Cohen’s GameStop disclosed earlier this month that it was pursuing a takeover of eBay, seeing it as a vehicle to compete with online retail giant Amazon.
The national gaming retailer said at the time that its approximately 1,600 U.S. stores could become drop-off and shipping locations. One proposal included live sales broadcasts from GameStop locations featuring eBay products.
GameStop’s bid is worth $125 per share in cash and stock. The equity value of the proposed deal is $55 billion on paper. The company previously said that it started accumulating shares in eBay beginning in February and currently has a 5% stake.
In a letter from eBay Chairman Paul Pressler sent to Cohen, eBay’s board said that it had completed its review of GameStop’s offer and believes that eBay is a “strong, resilient business.”
“With its differentiated global marketplace and a clear strategy, eBay’s board is confident that the company, under its current management team, is well-positioned to continue to drive sustainable growth, execute with discipline, and deliver long-term value for our shareholders,” the letter said.
GameStop did not immediately respond to a request for comment. The company’s stock fell 4% before the market open on Tuesday.
The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. (Photo by Asghar Besharati/Getty Images)
(NEW YORK) -- An inflation report on Tuesday will provide a fresh gauge of prices as the Iran war ratchets up costs for gasoline, airfares and other expenses.
Economists expect consumer prices to have risen 3.8% in April, when a surge in gasoline costs took hold weeks into the war, which would mark a significant acceleration from 3.3% in the previous month.
As recently as February, inflation stood at 2.4%, clocking in just a tick above the Federal Reserve’s target level of 2%.
The Middle East conflict prompted the Iranian closure of the Strait of Hormuz in March, a maritime trading route that facilitates the transport of about one-fifth of global oil supply. The standoff prompted one of the largest oil shocks ever recorded.
The U.S. is a net exporter of petroleum, meaning the country produces more oil than it consumes. But since oil prices are set on a global market, U.S. prices move in response to swings in worldwide supply and demand.
Crude oil is the main ingredient in auto fuel, accounting for more than half of the price paid at the pump, according to the federal U.S. Energy Information Administration.
The price of an average gallon of gas stood at $4.52 as of Monday, AAA data showed – an increase of $1.54 per gallon since the war began on Feb. 28. That amounts to a nearly 52% price jump in about two-and-a-half months.
The surge in fuel prices sent costs surging for gas-dependent transportation, such as airline tickets. In March, airfare costs jumped more than 3% from a month earlier.
Within weeks, the jump in prices could spread to groceries, furniture and just about any other item delivered by diesel-fueled trucks and tankers, some analysts previously told ABC News.
The recent rise in prices has left many consumers feeling glum. In May, consumer sentiment fell to the lowest level ever recorded, according to a monthly survey conducted by the University of Michigan since 1978.
Consumer spending, which accounts for about two-thirds of U.S. economic activity, could weaken if shoppers remain pessimistic. In theory, a slowdown of spending could slow the economy.
By some measures, however, the U.S. economy has proven resilient amid the war.
Hiring slowed in April but remained solid, exceeding economists’ expectations, federal government data last week showed. The unemployment rate held steady at 4.3% in April, a low level by historic standards. Additionally, the economy grew at an annualized rate of 2% in the first quarter of 2026, marking an acceleration from 0.5% growth recorded in the previous quarter.
However, a persistent increase in consumer prices may put pressure on the Fed to raise interest rates as a means of dialing back inflation.
The Fed has opted to hold interest rates steady at three consecutive meetings since the outset of 2026. Before that, the Fed cut interest rates a quarter-point three straight times.
If the Fed moved to raise interest rates, it would hike borrowing costs for many consumer and business loans, risking an economic slowdown.
Markets forecast a roughly 70% chance of interest rates holding steady for the remainder of this year, according to the CME FedWatch Tool.
Missouri’s top court is hearing an important legal challenge Tuesday to one of President Donald Trump’s earliest redistricting successes while lawmakers in Louisiana and South Carolina weigh whether to become the most recent Republican states to redraw U.S. House districts ahead of the midterm elections.
Rather than waning, a national redistricting battle that began 10 months ago has intensified as the November elections draw nearer — inflamed by a recent U.S. Supreme Court ruling that weakened the federal Voting Rights Act and provided grounds for states to try to eliminate voting districts with large minority populations.
Missouri was the second Republican state after Texas to heed Trump’s call last year to redraw congressional districts to help the GOP win additional seats in the midterms. At issue before the Missouri Supreme Court is whether the new districts violate a state constitutional requirement to be compact, and whether they can remain in place for this year’s elections despite an initiative petition seeking to force a public referendum.
In South Carolina, the issue facing Republican lawmakers is whether redrawing the state’s lone Democratic-held seat could open the door to a clean sweep for Republicans or backfire with additional losses by making more districts competitive for Democrats. State senators must decide whether to allow consideration of a redistricting plan put forth in the House after the legislature’s regular work ends Thursday.
Congressional redistricting also is under consideration in Louisiana, where the Supreme Court’s recent ruling invalidated a majority-Black district as an illegal racial gerrymander. The state’s May 16 congressional primaries already have been postponed. What remains undecided is how many seats Republicans will try to pick up while redrawing the districts.
Alabama also is poised to switch its congressional districts for this year’s elections, after the U.S. Supreme Court on Monday overturned an order for it to use a map with two largely Black districts.
Republicans think they could gain as many as 14 seats from new House maps enacted so far in Texas, Missouri, North Carolina, Ohio, Florida and Tennessee. Democrats, meanwhile, think they could gain six seats from new maps in California and Utah. The Virginia Supreme Court last week struck down a redistricting effort that could have yielded four more winnable seats for Democrats.
South Carolina weighs political risks of redistricting
A South Carolina House committee is to consider Tuesday whether to send a congressional redistricting plan to the full chamber for debate. The House also appears poised to pass legislation that could delay the June 9 congressional primaries until August to allow time for new districts to be enacted. That comes even as some absentee and overseas military ballots already have been cast.
But any redistricting effort also must clear the Senate, where support is less certain. Two-thirds of senators have to agree before the regular General Assembly session ends Thursday to let the legislature take up redistricting later.
Trump said on social media Monday that he was closely watching the redistricting vote, urging South Carolina senators to “be bold and courageous” and to delay the House primaries so new districts can be drawn.
Although Republicans have a supermajority in the chamber, several senators aren’t sure the proposed map guarantees the GOP will win seat held by long-serving Democratic U.S. Rep. Jim Clyburn. And they think enough Democratic voters could be pushed into other districts that the plan could backfire, resulting in a 5-2 or even a 4-3 Republican split.
Some also question whether it is fair for Republicans to get all the seats in a state where the Democratic presidential candidate has gotten at least 40% of the vote every election this century, even if Trump is asking for the new map.
Louisiana GOP looks to target one or two seats
State Sen. Caleb Kleinpeter, a Republican who oversees the Louisiana Senate committee tasked with redistricting, said his panel plans to vote Tuesday on a U.S. House map, with a full Senate vote expected Thursday.
The committee has several options, including versions that would leave Democrats favored in only one district or none. Kleinpeter said a map eliminating all majority-Black districts would be difficult to hold up in court.
Last Friday, dozens of people urged lawmakers to retain two majority-Black districts during a grueling nine-hour hearing that featured civil rights activists and the only four Black congressmen elected to represent the state since the end of the Reconstruction era.
Missouri map splits Kansas City district
Missouri currently is represented in the U.S. House by six Republicans and two Democrats under a map passed by the Republican-led legislature after the 2020 census. But with Trump’s backing, Republican state officials adopted a new map last September that improves their chances of winning an additional seat by targeting a Kansas City district held by longtime Democratic U.S. Rep. Emanuel Cleaver, who previously was the city’s first Black mayor.
The new House map places portions of Kansas City in neighboring Republican districts and stretches the remainder of Cleaver’s 5th District far eastward into Republican-heavy rural areas. A state judge in March rejected an assertion that the map violates a constitutional compactness requirement, finding that the new districts on average are more compact — even if the 5th District is not. That was appealed to the state Supreme Court.
A separate case also being argued Tuesday at the state Supreme Court contends the new districts should have been automatically suspended in December when opponents submitted more than 300,000 petition signatures seeking to force a statewide referendum.
But Republican Attorney General Catherine Hanaway and Republican Secretary of State Denny Hoskins contend the new districts can be suspended only if — and after — Hoskins determines the petition meets constitutional requirements and has enough valid signatures. Hoskins has until Aug. 4, the day of Missouri’s primary elections, to make that determination.
A state judge in March agreed with the Republicans’ position while also ruling that the plaintiffs lacked grounds to sue and had done so too soon.
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Brook reported from Baton Rouge, Louisiana, Collins from Columbia, South Carolina, and Lieb from Jefferson City, Missouri.
WILLS POINT – The Kaufman County Sheriff’s Office said that 76-year-old Alfredo Chavez was found dead in a wooded area on Friday after he went missing from Wills Point on April 23. Chavez’s body was found at around 11 a.m. on Friday in a heavily wooded area of Van Zandt County. Following his disappearance on April 23, the sheriff’s office, the Texas Department of Public Safety, Texas Game Wardens, Texas Department of Corrections search dogs and several nonprofit search and rescue organizations were brought together to search for Chavez but he wasn’t found until several weeks later.
The Kaufman County Sheriff’s Office suspects no foul play in Chavez’s death.
TYLER – The City of Tyler has started sewer work on South Bonner Avenue from West Front Street and West Woldert Street near Caldwell Elementary School and Caldwell Middle School. The sewer work capacity upgrades are part of the city’s ongoing Consent Decree agreement with the U.S. Environmental Protection Agency to upgrade and revitalize the city’s aging wastewater system.
The upgrades are expected to take about a week, during which time Caldwell Elementary School parents should enter to pick up car riders on South Bois D’Arc Avenue, south of the intersection at West Elm Street. Continue reading Sewer work altering school pick-up
TROUP – A case of botulism was confirmed in the City of Troup on Monday, according to the Northeast Texas Public Health District. The city said that the disease is not contagious and that, due to HIPAA regulations, the name and address of the person involved cannot be released.
Although it is not contagious, botulism is a potentially fatal disease that is largely caused by environmental factors, including dust, soil and contaminated food. The disease attacks the body’s nerves, causing difficulty breathing and muscle paralysis.
According to the Northeast Texas Public Health District, symptoms of botulism include: Muscle weakness, blurred/double vision, drooping eyelids and slurred speech.
Anyone impacted by these symptoms should seek medical treatment immediately.
GREGG COUNTY – A former sheriff’s deputy was booked into the county jail on Friday for allegedly violating his probation. According to Gregg County records and our news partner KETK, former Gregg County Sheriff’s Office deputy Joshua Tubb, 48, of Kilgore, received a 180-day jail sentence for a March 24 DWI conviction. He has not been booked into jail, however, because the court placed him on two years of probation instead.
On Friday, Gregg County Judicial records show that Tubb’s probation was revoked and a warrant was issued for his arrest for violating the terms of his probation in his DWI case.
Tubbs was then booked into the Gregg County Jail that same day. He’s since been transferred into the custody of another agency.
LUFKIN (KETK) – Officials are warning residents that scam artists are allegedly impersonating Angelina County law enforcement officers and demanding East Texans send them Bitcoin payments. According to our news partner KETK and the Lufkin Police Department, scammers are impersonating a deputy from the Angelina County Sheriff’s Office, where they call residents to claim that they’ve missed jury duty and must pay thousands of dollars to make up for it.
The scammers can make their call appear as if it’s coming directly from the Angelina County Sheriff’s Office but officials insist these calls are not real and should be promptly ignored.
“This scam is oftentimes done by scammers posing as other state and federal agencies, as well,” Lufkin Police Department Chief Travis Brazil said. “These scammers will always create a sense of urgency to make the victims panic and pressure them into paying quickly.”
Scammers will ask residents to make these payments through the new Bitcoin cryptocurrency ATMs that can be found at many convenience stores around the country. Usually, once a Bitcoin transaction is made, police can’t recover any of the funds from scammers, but luckily, Lufkin Police detectives were able to retrieve over $10,000 from a Bitcoin ATM last week after residents reported making their payment to the sheriff’s office.
Similarly, Angelina County Sheriff Tom Selman said a local woman recently showed up to the sheriff’s office with cash in hand and was able to keep her money because she couldn’t figure out how to use a Bitcoin ATM to make the payment that scammers demanded.
“None of these calls are real,” Selman said. “These are scammers scaring you by threatening jail time to get your money. Once the scammer empties the Bitcoin machine, the money is gone and we cannot trace it.”
The Diboll Police Department also warned of similar scams reported in their area, where scammers ask for gift cards and tell residents that they’re under a gag order and can’t talk to anyone about their illegal demands for payment.
“No law enforcement officer will ever call you and ask for any immediate payment in lieu of jail. We do not ask you to get gift cards of any type and we do not ask for you banking information, ever! We will not tell you that you are under a gag order and cannot contact anyone,” Diboll PD said. “If you have received any phone call or text and you even suspect it might be a scam, google the number for your local police department or sheriff’s office, call them and ask.”
The sheriff’s office and Lufkin PD are working to stop these scams but the best way to stop them is for East Texans to learn that these people are only after your money and that no one should ever have to call you for missing jury duty or to pay off a warrant.
“Neither department will call residents about missing jury duty,” Brazil said. “Please hang up on these callers and call either the Lufkin Police Department or the Sheriff’s Office to report the call. Notifying our offices will help you verify it is a scam and will give us more information to track down these scammers.”
Selman agreed and noted that nobody will get a call before being arrested.
“If there is a warrant for your arrest, we will come and arrest you. No one is arrested for missing jury duty,” Selman said.
The Smith County Sheriff’s Office has called for these Bitcoin ATMs and all cryptocurrency machines to be banned at the state level, in light of these recent scams.
LIVINGSTON (KETK) — A member of the Livingston Police Department was fired and arrested on Monday after being accused of having an improper relationship with a student.
According to the department, they were notified by Livingston ISD on May 1 regarding allegations of Ryan Boyd, a 45-year-old police officer, having an inappropriate relationship with a student.
Boyd was subsequently removed from the school campus and was placed on administrative leave while the department opened an investigation.
Boyd was terminated on Monday and was taken into custody by the Texas Rangers. He was later booked into the Polk County Jail and charged with having an improper relationship between educator and student.
“LPD understands incidents like this can damage public trust,” the department said. “We want our community to know that these allegations were taken seriously from the beginning. We remain committed to transparency, accountability and protecting our community.”
The investigation remains ongoing. Anyone with information is asked to contact the Polk County District Attorney’s Office at 936-327-6868.
KILGORE – Injuries have been confirmed following a multi-vehicle crash on State Highway 31 on Monday afternoon. According to our news partner KETK, the Kilgore Fire Department, is currently on the scene of the crash on Highway 31 near FM 3053. Road closures and delays are expected over the next few hours, the department added.
KENTUCKY – Paragon Advertising and Communications announced via a press release that on Saturday, May 9th, at the age of 91, Elder Lasserre Bradley, Jr., a cherished shepherd, longtime radio founder and host of the Baptist Bible Hour, and lifelong devoted servant of God, has died. Elder Bradley devoted his life to ministry for 73 years, sharing the gospel with grace, compassion, and conviction. He impacted many lives via the pulpit, radio, counseling, and personal ministry, and he established himself as a reliable voice for church families and listeners across the country the release said. For this Sunday, Brother Bradley’s family and ministry team are putting together a special program. Trevor, the son of Brother Bradley, will make a special announcement to let his listeners know that his father has passed away. The Baptist Bible Hour is heard Sunday at 8:30 a.m. on KTBB.
ANGELINA COUNTY – Scammers are calling residents and threatening to put them in jail if they do not pay thousands of dollars in cash right away for missing jury duty. In a released from the county obtained Monday, Sheriff Tom Selman and Lufkin Police Chief Travis Brazil stated that neither the Lufkin Police Department nor the Angelina County Sheriff’s Office will call and demand payment or threaten jail time for missing jury duty.
Calls that appear to be from the Angelina County Sheriff’s Office are the subject of the current scam. The con artist is threatening locals into putting thousands of dollars in cash into a bit coin machine at a nearby convenience store by using a deputy’s name.
After locals called the Sheriff’s office to report making the payment, Lufkin Police detectives were able to retrieve over $10,000 from a bit coin machine last week.
DESOTO PARISH, La. – A Tyler man is dead after a single-vehicle crash happened in DeSoto Parish, La. on Sunday. According to our news partner KETK, the incident happened on Sunday, May 10, at approximately 6:00 a.m. on Louisiana Highway 175, near Louisiana Highway 5. According to the Louisiana State Police, the victim was traveling south on Louisiana Highway 175 when, for reasons currently under investigation, his vehicle went off the road and overturned.
The victim was identified as 35-year-old Delon Perkins, of Tyler. Investigators said he was properly restrained during the crash and was pronounced deceased at the scene. Impairment was not suspected, but toxicology samples were collected and submitted for analysis. The investigation into this crash is ongoing.
LONGVIEW — A wanted fugitive and known Latin Kings gang member was arrested in East Texas on May 7 for his alleged involvement of a 2024 murder in New Jersey. According to our news partner KETK, the FBI said , Ricky Vargas was wanted for allegedly stabbing a man to death outside of a bar in Garfield, New Jersey on Feb. 4, 2024.
A state warrant was issued for his arrest the next day, charging him with first degree murder, causing serious bodily injury, leaving the scene of a crime and two possession of a weapon charges.
On Feb. 7, 2024, a federal arrest warrant was issued for Vargas in the U.S. District Court, District of New Jersey, Newark and New Jersey after additionally being charged with unlawful flight to avoid prosecution.
While searching for Vargas, the FBI was offering a reward of up to $15,000 for information leading up to his arrest. On May 7, Vargas was apprehended by FBI Dallas and FBI Newark in Longview.
JACKSONVILLE – Jacksonville College honored one of its students with a posthumous degree this weekend after he was killed in a club shooting on March 22. Students, parents and educators gathered at Central Baptist Church in Jacksonville on Saturday for Jacksonville College’s graduation ceremony. One graduate who couldn’t walk the stage was Jacksonville native Keion Dewayne Redd.
Redd had earned the credits to complete his associate’s degree but was tragically killed as an innocent bystander in a March 22 club shooting in Smith County. Jacksonville College honored Redd on Saturday by presenting his associate’s degree to his mother, who walked in his place.
“This moment is about celebrating Keion’s accomplishments, the life he lived, and the future he was working toward,” Jacksonville College said. “His family wants him to be remembered for who he was, the people who loved him, and the milestone he earned.”
TYLER – Starting Monday, May 11, Consent Decree capacity improvements are moving to South Bonner Avenue between West Front Street and West Woldert Street. Work is expected to take approximately one week, weather permitting.
For Caldwell Elementary School dismissal, parents should enter for pickup on South Bois D’Arc Avenue, south of the intersection at West Elm Street. The Caldwell Middle School students, parents should enter the dismissal line at South Bois D’Arc Avenue and West Front Street.
HARLETON – Ryan Nichols, who was pardoned by President Donald Trump for his actions during the Jan. 6 riot, was arrested Sunday, after authorities said he displayed a firearm in a threatening manner during a dispute outside a church in Harleton
According to the Harrison County Sheriff’s Office, deputies responded to 225 Heskell Oney Road in reference to a person reaching for a firearm during a dispute outside the church. Our news partner KETK reports during the investigation deputies learned Nichols had confronted another person in the church parking lot. Authorities said that when the victim attempted to leave and de-escalate the situation, Nichols allegedly continued confronting him. Continue reading Jan. 6 rioter arrested Sunday
SMITH COUNTY — As East Texas counties continue searching for solutions to protect their property and water rights, Van Zandt County is proposing a partnership with Smith County to better protect the region’s natural resources. According to our news partner KETK, Van Zandt County proposed a 391 commission, which would create a council including commissioners and residents from both counties. It would allow neighboring counties to work together to protect the region’s groundwater and property rights. The commission would oversee potential projects in the area and discuss developmental issues that affect both counties.
TYLER – Starting Monday, May 11, Consent Decree capacity improvements are moving to South Bonner Avenue between West Front Street and West Woldert Street. Work is expected to take approximately one week, weather permitting. 