Nick Saban lends support to college sports bill as SEC, Big Ten push back

WASHINGTON (AP) — Former Alabama football coach Nick Saban and other college sports figures testified Wednesday in support of a bipartisan bill aimed at overhauling a system where players can increasingly earn millions of dollars while moving freely between schools.

The leaders of the Senate Commerce Committee held the hearing as they push legislation unveiled last week that supporters hope can break the congressional gridlock over how to regulate college athletics.

The bill, introduced by Sen. Ted Cruz, R-Texas, and Sen. Maria Cantwell, D-Wash., would regulate payments to athletes, limit them to one “free” transfer during their careers and create a “Lane Kiffin Rule” restricting coaches from leaving programs during the season. Cruz touted the proposal as “the last, best hope we have to save college sports.”

“If you had the biggest, baddest Ferrari that you could ever have and it was going 150 miles an hour toward the Grand Canyon, somebody needs to tap the brakes. And I think that’s what we all need to do here,” Saban said in his opening remarks.

Notably absent from the the witness list, which included Notre Dame’s athletic director and the commissioner of the PAC-12 conference, was any representative from the Southeastern Conference, where Saban won seven national championships between Alabama and Louisiana State University

The SEC and the Big Ten, the two most powerful conferences in college sports, oppose the bill, arguing it “leaves critical issues unresolved.”

Cantwell said the legislation is intended to restore competition to college athletics by ensuring success is determined by how universities “build a team, and not because they have a billionaire in their back pocket.”

She also addressed the conferences’ opposition directly, suggesting they fear “that somebody’s going to come in and rearrange the deck chairs of those conferences, steal the eyeball schools, and then basically leave everybody with everything else.”

Oil prices climb back toward $100, and the record-breaking rally for US stocks stalls

Oil prices climb back toward 0, and the record-breaking rally for US stocks stallsNEW YORK (AP) — Oil prices are rising Wednesday following the latest flare-up in fighting to threaten the U.S.-Iran ceasefire, and U.S. stocks are stalling near their records.

The S&P 500 slipped 0.3% from its all-time high. The Dow Jones Industrial Average was down 339 points, or 0.7%, as of 10:15 a.m. Eastern time, and the Nasdaq composite was 0.3% lower.

Weighing on the market was a climb of 1.1% for the price of a barrel of Brent crude oil, the international standard, which brought it back to $97.07. It rose after the U.S. military said Iran fired missiles toward Kuwait and Bahrain, which failed to hit their targets. The United States said it then struck an Iranian military ground control station on an island in the Strait of Hormuz.

The war with Iran has already sent oil prices and inflation higher, cranking up the pressure on the global economy. But oil prices remain below their peaks from earlier in the fighting, and hope seems to be remaining on Wall Street that the United States and Iran will ultimately agree to reopen the Strait of Hormuz to oil tankers. That would improve the global flow of crude and hopefully lower its price.

Such hopes, along with strong profit reports from U.S. companies, have helped launch the U.S. stock market on a tremendous rally. If the S&P 500 can turn around and finish the day with a gain, it would be the 10th straight for the index, which would be its longest such streak in more than three decades.

Medtronic climbed 5.3% after reporting a stronger profit for the latest quarter than analysts expected. It also increased its dividend payout going to investors.

GameStop jumped 7.7% after the video-game retailer said its revenue in the latest quarter grew 14% from a year earlier. It also announced a program to send up to $2 billion to its investors by buying back its own stock.

Macy’s swung from an initial gain to a loss of 0.9% after the iconic New York department store reported profit for the latest quarter that blew past analysts’ forecasts. The retailer said said an overhaul of its merchandise and better customer service is resonating with customers.

Also on the losing side of Wall Street was Palo Alto Networks, which fell 6% despite topping analysts’ expectations for profit in the latest quarter. Investors may have been looking for even more after its stock came into the day with a surge of 61.3% for the year so far, more than quintuple the S&P 500’s already big 11.2% rise.

In the bond market, Treasury yields rose with the price of oil, which put downward pressure on the stock market. The yield on the 10-year Treasury climbed to 4.48% from 4.46% late Tuesday and from just 3.97% before the war began.

High yields worldwide recently have threatened to slow economies and undercut prices for stocks and all kinds of other investments. They have already forced the average long-term U.S. mortgage rate to its most expensive level in nine months, and they could curtail companies’ borrowing to build the AI data centers that have supported the U.S. economy’s growth recently.

More expensive loans can hurt smaller companies in particular because many need to borrow to grow. The Russell 2000 index of the smallest U.S. stocks fell 0.9%, more than the rest of the market.

Reports on the U.S. economy came in mixed. One from the Institute for Supply Management said that growth for U.S. construction, agricultural and other services businesses accelerated by more last month than economists expected.

That’s an encouraging signal for the economy, but the survey also showed businesses are feeling the pinch of higher prices caused by tariffs and more expensive oil. “This is the definition of inflationary pressure starting to affect us,” one company in the accommodation and food services industry said in the survey.

In stock markets abroad, European indexes dipped following a mixed finish in Asia.

Hong Kong’s Hang Seng fell 1.6%, but Japan’s Nikkei 225 jumped 2.5% to another record as computer chip equipment maker Tokyo Electron soared 13.4%.

Excitement around the boom created by artificial-intelligence technology has been a huge engine for stock markets worldwide. On Wall Street, Marvell Technology rose another 7.1% following its best day on record, a surge of 32.5%, after Nvidia CEO Jensen Huang suggested at a conference in Taiwan that Marvell could be “the next trillion-dollar company.”

The last company to enter the expanding club of behemoths was Micron Technology, which is likewise riding the AI wave.

Comedian Marcello Hernández to host 2026 ESPY Awards

Marcello Hernandez attends the 2025 Night of Too Many Stars at Beacon Theatre on March 31, 2025 in New York City. (Dia Dipasupil/Getty Images)

The 2026 ESPY Awards are almost here and this year, the annual awards ceremony honoring the best in sports will feature a new host.

Comedian Marcello Hernández will present the star-studded evening, which is returning to New York City this year. Hernández is taking over duties from comedian Shane Gillis, who hosted last year from Los Angeles.

"It is an honor, and frankly feels crazy to be hosting the ESPYS this year in New York," Hernández said in a statement Wednesday. "I'm sure the energy is going to be great."

Hernández is described by ESPN as an "avid sports fan" who played soccer at John Carroll University in University Heights, Ohio.

The ESPYS, which first began at New York City's Madison Square Garden in 1993, will take place on Wednesday, July 15 at the David H. Koch Theater at Lincoln Center.

The 2026 ESPYS will air live at 8 p.m. ET on ABC and stream on the ESPN app. The awards ceremony will also be available to stream on Disney+, Hulu, the ESPN App, and ABC Video on Demand on July 16.

Craig Lazarus, executive producer of the ESPYS, called Hernández a "natural fit" to serve as this year's ESPYS host.

"Marcello is one of the most electric, young comedians today. His genuine enthusiasm for sports and his ties to New York City make him a natural fit to host this year's ESPYS," Lazarus said in a statement. "We are excited to partner with him to celebrate the best moments in sports and look forward to the fresh take he'll bring to the show."

The Walt Disney Co. is the parent company of ABC News, "Good Morning America," and ESPN.

Copyright © 2026, ABC Audio. All rights reserved.

Sexual abuse conviction upheld

HENDERSON COUNTY – A Scurry man who was found guilty of repeatedly sexually abusing a child in Henderson County, and given a life sentence, was upheld by an appeals court. Manuel Lynn Tijerina, 42, appealed his conviction to the Twelfth Court of Appeals, claiming the trial court had improperly admitted testimony from the victim’s relative, according to the Henderson County District Attorney’s Office. Testimony revealed Tijerina exposed the victim to pornography, touched her inappropriately, and made sexual remarks to her. Continue reading Sexual abuse conviction upheld

Citing ‘critical issues,’ SEC, Big Ten withhold support for bipartisan college sports bill

AUSTIN (AP) – The two biggest conferences in college sports released a statement Tuesday saying they do not support the current version of a bipartisan bill designed to regulate an industry struggling for answers in a quickly changing era in which some players make millions.

The Southeastern and Big Ten conferences said the “bill leaves critical issues unresolved,” including not “meaningfully” preempting state laws with a federal one, which has long been considered a key element for a measure to get support from the NCAA and the conferences.

In an interview last week, Sen. Ted Cruz, R-Texas, who drafted the bill with Sen. Maria Cantwell, D-Wash., told The Associated Press “the bill is drafted to preempt state laws that conflict with the provisions in this bill.”

The SEC-Big Ten statement came out less than 24 hours before a scheduled hearing about the bill in front of the Senate Commerce Committee. Cruz chairs the panel and Cantwell is the ranking Democrat.

The legislation has received support from the Big 12 and Atlantic Coast Conferences, but the Big Ten and SEC, as the two richest leagues that also have decision-making power over the future of the College Football Playoff, hold the biggest cards.

One of the bill’s key provisions would give conferences an option to pool their media rights — an idea the Big Ten and SEC have long claimed would not result in a financial windfall that proponents suggest. The leagues’ statement did not speak to that issue.

A spokesperson for the Commerce Committee that Cruz chairs acknowledged the Big Ten-SEC position.

In brief: ‘Onslaught’ gets official trailer and more

A sequel to War Machine looks to be in the works. Deadline reports that Netflix is moving forward with a second installment with director Patrick Hughes back at the helm. Hughes will produce and co-write the movie with James Beaufort. The outlet reports that star Alan Ritchson is likely to return for the sequel to the original film, which follows the final recruits of a Special Ops boot camp as they encounter a mysterious deadly force ...

You can now watch the trailer for A24's upcoming film, Onslaught. The action movie stars Adria Arjona as an army sniper and a mother who lives in a desert trailer park and fights to protect her family from genetically engineered super soldiers. Godzilla vs. Kong director Adam Wingard helmed the film, which also stars Alex Pereira, Drew Starkey, Rebecca Hall, Reginald VelJohnson, Michael Biehn, Eric Wareheim and Dan Stevens. It arrives in theaters on Sept. 4 ...

The official trailer for America's Sweethearts: Dallas Cowboys Cheerleaders season 3 has arrived. The Netflix documentary series returns for its third season on June 16. It follows the 2025–2026 squad through auditions, training camp and the NFL season, offering a candid, behind-the-scenes look at the iconic cheerleading team ...

Copyright © 2026, ABC Audio. All rights reserved.

As NYC’s Tribeca Festival turns 25, co-founder Robert De Niro wants it to go on ‘forever’

Robert De Niro and Jane Rosenthal speak during the 25th Tribeca Festival Bloomberg reception on June 1, 2026 in New York City. (Slaven Vlasic/Getty Images for Tribeca Festival)

The 25th anniversary edition of New York's Tribeca Festival kicks off Wednesday night with a screening of a new Earth, Wind & Fire documentary, followed by a performance by the legendary band. The festival, which runs through June 14, features TV, movie and documentary screenings, plus premieres, panels, reunions and stars galore. Not bad for an event that started as a one-off.

The festival was founded in 2002 by Robert De Niro and Jane Rosenthal as a way to revitalize downtown New York City after the 9/11 terror attacks. "It was only, how could we bring people back downtown, how we could give our neighbors something to look forward to. As far as I was concerned, it was one and done," Rosenthal told ABC Audio. "Bob always believed we were gonna do it again, though."

"I felt very positive about it once it happened," De Niro said. "My feeling was it'd be great if it could be part of the fabric of New York, a New York tradition that just goes on forever, you know?"

De Niro will also appear at one of this year's special events: a 50th anniversary Taxi Driver screening and conversation with him, director Martin Scorsese and co-star Jodie Foster. De Niro said celebrating any of his films — even a classic like Taxi Driver — after the fact isn't something he ever thought would happen.

"When you're doing a movie, a project, you don't ever think that it would be received in the way you're saying Taxi Driver's been received, ever," he told ABC Audio. "You just don't think that. So it's nice, but you just don't ever expect it ... it's just, you do the project and that's it." 

The festival will close with the documentary Alicia Keys: Girl from Hell's Kitchen; Keys will appear after the screening.

Copyright © 2026, ABC Audio. All rights reserved.

Parks awarded $300,000 to improve trails

Parks awarded 0,000 to improve trailsSMITH COUNTY – The Texas Parks and Wildlife Department awarded $6.17 million in statewide recreational trails grants to improve 21 parks and trail projects across the state. According to our news partner, KETK – $354,000 is set to be distributed between parks in East Texas. The parks will receive the grant money for much needed upgrades. Continue reading Parks awarded $300,000 to improve trails

Toll 49 extension to reduce travel time

Toll 49 extension to reduce travel timeTYLER– A public meeting was held in Tyler on Tuesday to discuss the proposed extension of Toll 49, a project designed to relieve congestion and provide shorter travel times. According to our news partner KETK, during the meeting in Tyler community members had the opportunity to review project layouts and data detailing the potential positive impact on drivers.

The proposed extension would stretch from State Highway 110 to US 271 and aims to provide shorter travel times for both local and regional traffic. NET RMA Project Consultant Randall Dillard explained why he believes the extension is needed.

For those unable to attend the recent Tyler session, another public meeting is scheduled for next Thursday, June 9. This upcoming meeting will take place in Longview at the Maude Cobb Convention Center. If the project is approved, construction for the Toll 49 extension is expected to commence around 2033.

Lufkin City Council advances ordinance designed to protect children from sex offenders

LUFKIN, Texas (KETK) – The Lufkin City Council voted on Tuesday in favor of advancing a proposed ordinance that will work to keep children protected from registered sex offenders.

The ordinance, which was discussed at Tuesday’s city council meeting, is designed to restrict certain registered sex offenders from living within 1,000 feet of locations where children frequently gather.

If the ordinance is passed, registered sex offenders whose victims were under 17 would be prohibited from living near schools, parks, childcare facilities, and churches.

According to the Texas Public Sex Offender Website, there are roughly 138 registered sex offenders within the City of Lufkin.

Investigation into park shooting

Investigation into park shootingLONGVIEW — An investigation has been launched after a teenager was shot near a park in Longview on Monday night. According to the Longview Police Department and our news partner KETK, at around 11:26 p.m. officers heard gunshots coming from the 400 block of Fair Street. Once arriving to the area, the officers found a teenager who had sustained gunshot wounds while attending a gathering at a nearby park, the department said.

The victim was taken to a local hospital with non-life-threatening injuries and the incident currently remains under investigation. Following the incident, the department is reminding residents that the city parks close at 11 p.m. and residents should refrain from visiting the parks after hours to ensure the safety of all community members.

Anyone with information is asked to contact the department at 903-237-199 or the Gregg County Crime Stoppers at 903-236-7867.

ETFB starts free summer meals for kids

ETFB starts free summer meals for kidsTYLER – The East Texas Food Bank (ETFB) kicked off its Free Summer Food Program on Tuesday afternoon, which aims to provide kids with free meals while they’re out of school for the summer.

According to our news partner KETK, the program was launched at 43 locations across East Texas and a special event was held at the Glass Recreation Center in Tyler, which was sponsored by the PepsiCo Foundation’s Food for Good. the program is expected to distribute over 100,000 meals to nearly 4,500 kids and teenagers throughout the summer and is open to anyone under 18. Continue reading ETFB starts free summer meals for kids

Smith, Gregg County early voting

TYLER – Early Voting for the City of Tyler mayor runoff election is set for June 1-9. Stuart Hene is currently serving as a Tyler City Councilmember and John Nix is a former City Councilmember are running for the position.

Early voting hours will be:
*8 a.m. to 5 p.m. Monday through Friday, June 1-5
*9 a.m. to 3 p.m. Saturday, June 6
*8 a.m. to 5 p.m. Monday and Tuesday, June 8-9. Continue reading Smith, Gregg County early voting

Tyler mayor runoff through June 9

Tyler – Early Voting for the City of Tyler mayor runoff election is set for June 1-9. Stuart Hene is currently serving as a Tyler City Councilmember and John Nix is a former City Councilmember are running for the position.

Early voting hours will be:
*8 a.m. to 5 p.m. Monday through Friday, June 1-5
*9 a.m. to 3 p.m. Saturday, June 6
*8 a.m. to 5 p.m. Monday and Tuesday, June 8-9. Continue reading Tyler mayor runoff through June 9

Waskom tabs finalist for superintendent

Waskom tabs finalist for superintendent WASKOM – The Waskom ISD Board of Trustees has named East Texas Native Lindsey Wood the finalist in the race for Superintendent following the unexpected death of previous superintendent, Christopher Guastella, in March.

According to our news partner KETK, Wood currently acts as the superintendent of academic services at Ferris ISD and has 19 years of experience in public education and 12 years in school administration.

The board conducted an extensive search focused on finding a leader who identifies with the district’s vision, values and commitment to student success. Continue reading Waskom tabs finalist for superintendent