LosAngelesWebInfo.com is America's news and information center for the 21st Century. LosAngelesWebInfo.com brings news, information, and commentary to the world. If you have any news, information, or comments to share, please email it to:

Email:  info@webnetinfo.com or Call: 504-455-9956

NEWS - SATURDAY, JUNE 13, 2026 - NEWS
Investors will get their first chance to trade shares of Elon Musk's space company after the market opens at 9:30 a.m. ET. CBS
VOA VIEW: Be careful.
The U.S. men's national soccer team kicks off its 2026 World Cup campaign against Paraguay at SoFi Stadium on Friday. CBS
The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data. CBS

PLEASE DO BUSINESS WITH THOSE WHO DO BUSINESS WITH US -- OUR ADVERTISERS.

The Pentagon on Friday released a new group of documents and videos related to UFOs, or UAPs, with 72 more documents, images and recordings. CBS
An Iran​-linked hacker group claims to have breached FBI drones and has threatened to target the World Cup, a monitoring group says. The monitor disputes some of the other group's claims. CBS
VOA VIEW: This is all insane.
The board move marks a shift from a June 4 memo to staff saying email signatures, letterhead and other documents must reflect the name as "The John F. Kennedy Center for the Performing Arts" or "Kennedy Center." CBS
U.S. President Donald Trump said Thursday that the Strait of Hormuz would be reopened as soon as a deal is signed. CNBC
VOA VIEW: There has to be many safeguards and contigencies.
Oil prices fell Friday after a proposed peace deal that would see the Strait of Hormuz reopen was reported by Iranian state media. CNBC
VOA VIEW: Iran cannot be trsted.
ChatGPT reached a billion monthly users in May despite growing unease over its ethical and environmental impacts. CNBC

THANK YOU FOR VISITING OUR WEB PORTAL. PLEASE TELL A FRIEND.

Millions of student loan borrowers who've lingered in the SAVE plan are at risk of getting billed unaffordable payments and eventually falling into default. CNBC
VOA VIEW: Caused by stupidity and greed.
High-profile 2026 midterm races in California, Texas and other key states are driving higher spend earlier in the cycle. CNBC
VOA VIEW: Greed!
The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast. CNBC
VOA VIEW: It grew higher.
The U.S. House rejected a short-term extension of Section 702 of the Foreign Intelligence Surveillance Act. The surveillance authority expires Friday. CNBC
VOA VIEW: So be it.

YOU can speak out and be heard by having your own "Column" - Visit the "Public Opinion" Section above.

LA County DA Nathan Hochman asks judge to freeze $4 billion sexual abuse settlement payments, claiming four out of five claims could be fraudulent. FOX News
VOA VIEW: It could be higher.
Supporters of convicted murderer Karmelo Anthony allegedly assault a man and send death threats to the Metcalf family after the guilty verdict. FOX News
A Portland man was sentenced to 30 months in federal prison after pleading guilty to throwing a rock that struck an ICE officer in the face at a protest. FOX News
VOA VIEW: The sentence should be higher.

WE ACKNOWLEDGE AND THANK ALL OUR SOURCES FOR THEIR CONTRIBUTIONS IN MAKING US AMERICA'S NUMBER ONE NEWS INFORMATION PORTAL.

Trump administration plans to deport Iranian asylum-seekers and other migrants to Central African Republic under a new third-country deal, reports say. FOX News
VOA VIEW: Good!
FBI Director Kash Patel announced the first arrest from the DOJ's Most Wanted Fraudsters list as a Minneapolis grocery owner faces fraud charges. FOX News
Police in the Bahamas arrested five U.S. nationals at a port after an altercation with cruise passengers and law enforcement earlier this week. UPI
The U.S. Treasury Department made revisions to seven key licenses that govern oil, natural gas, petrochemical and mining operations in Venezuela. UPI
VOA VIEW: As they should.
Cuba reached a record 1,281 political prisoners at the end of May, according to a report released by human rights organization Prisoners Defenders. UPI

ATTENTION TALK SHOW HOSTS: We are honored that many radio talk show hosts use our Web Portal for their "show prep." We would appreciate your occasional mention of our site to your audience. Thanks!

ADVERTISEMENT: If you want to advertise your business or Web Site, send us an email by clicking on "Contact" above. It could be the best business decision you make.

VOA VIEW -- Is the opinion of "Voice of Americans", which is a private entity not affiliated in any way with the United States government or any of its agencies. The opinions expressed here, in whatever medium or format, are not necessarily the opinions of the ownership or advertisers of this web site - 0415.


P.O. Box 10307
New Orleans, LA 70181
(504) 888-8255
COMMENTARY OF THE DAY
By
Robert Namer
Voice Of America
©2018 All rights reserved
June 13, 2026

     Elon Musk on Monday settled a lawsuit filed against him by the Securities and Exchange Commission for $1.5 million after the agency accused him of breaking securities laws.  The settlement was chump change.

     The SEC alleged in January 2025 that Musk cost Twitter shareholders $150 million because he delayed disclosing his purchase of more than 5% of shares in the company within the 10 days required by law.  Musk's purchase of Twitter led to a series of lawsuits because of how he purchased the company, which has since been renamed to X, which saw him become its biggest shareholder before he launched a successful hostile takeover, The Washington Post reported.

     In the settlement, which still needs to be approved by a judge, would see Musk pay a $1.5 million penalty while allowing him to admit no wrongdoing, CNBC reported.  "A trust vehicle has agreed to a small fine for being late on one filing," Musk attorney Alex Spiro said of the agreement, which will see one of his client's revocable trusts paying the fine.  Musk made a play to buy Twitter in 2022, first buy purchasing more than 5% of the company, which he did not disclose and was the reason the SEC filed suit, which allowed him to put other investors in a poor position before he launched his takeover.