SUMMARY: Dontavis Omar Magee, 24, pled guilty to shooting in Biloxi’s Surf Style parking lot during Spring Break 2023, striking a Biloxi police officer and four civilians. He was sentenced to 40 years, with 15 suspended, resulting in 25 years to serve plus 5 years post-release supervision. Investigators identified Magee through surveillance footage, photos from Hattiesburg Police, and social media images. Magee, 21 at the time and with no prior felonies, admitted to the shooting but claimed he had been threatened by two victims. He is expected to be extradited to Georgia for unrelated charges.

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SUMMARY: Wall Street steadied Wednesday as Alphabet and other tech stocks rose, with the S&P 500 up 0.3% and Nasdaq gaining 0.9%, while the Dow dropped 0.3%. Alphabet surged 8.3% after a judge ordered changes to Google’s search engine but spared its Chrome browser from sale. Treasury yields fell following a weaker-than-expected US jobs report, which bolstered hopes the Federal Reserve may cut interest rates soon to support the economy. Retailer Macy’s and Campbell’s posted strong earnings, boosting their stocks. Bitcoin company American Bitcoin soared 35.7% on its Nasdaq debut. Dollar Tree declined despite good results due to tariff concerns.

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SUMMARY: McDonald’s is cutting prices on combo meals to attract customers deterred by rising fast food costs. Starting September 8, Extra Value Meals, including popular items like Big Mac or Egg McMuffin with sides and drinks, will cost about 15% less than ordering separately. Promotions include an $8 Big Mac meal and a $5 Sausage McMuffin meal, with slight regional price differences. Facing declining visits from lower-income consumers and criticism over high prices, McDonald’s aims to improve value perception amid a 40% menu price increase since 2019 due to higher labor and food costs. Competitors like Domino’s are also running promotions to boost sales.

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