Sam Bankman-Fried Loses Appeal To Overturn Fraud ConvictionSam Bankman-Fried has lost his appeal to overturn a fraud conviction and a 25-year sentence he is serving for leading a multi-billion-dollar fraud scheme.The 2nd Court of Appeals rejected Bankman-Fried’s claims that he didn’t get a fair trial in a decision handed down on Friday.Bankman-Fried was found guilty on seven felony charges in 2023 after prosecutors accused him of stealing billions of dollars from customers and investors at FTX, his financial empire which collapsed in 2022.Bloomberg noted that Bankman-Fried could choose to take his case to the full appeals court or the U.S. Supreme Court.Bankman-Fried sought a pardon from President Donald Trump this year, according to multiple reports.Latest Live UpdatesPakistan PM Says U.S.-Iran Peace Deal 'Has Never Been this Close'Pakistani Prime Minister Shehbaz Sharif confirmed that the U.S. and Iran have come to "a final, agreed upon text" of the peace deal his administration helped broker."Pakistan is now working closely with both sides to finalize the next steps. Peace has never been this close as it is now," he announced on social media.He also warned of an "incessant misinformation campaign being waged by those who want to sabotage the peace deal" and said he's "setting aside the noise" on that.Trump's Name Is Currently Being Removed From The Kennedy CenterPresident Donald Trump's name is currently being removed from the Kennedy Center building after a federal judge ruled in May that his name must come down. “The Kennedy Center’s organic statute makes crystal clear that the Center is to be named for President Kennedy, and it cannot bear any other formal name or public memorial based on the Board’s unilateral say-so,” the decision by Judge Christopher Cooper said. "Congress gave the Kennedy Center its name, and only Congress can change it."Watch a live feed of the removal of Trump's name here.Federal Judge Blocks Trump’s Plan To Compensate Jan. 6 RiotersALEXANDRIA, Va. — A federal judge slapped a preliminary injunction on President Donald Trump’s so-called “Anti-Weaponization Fund” for Jan. 6 rioters on Friday.“The bottom line is I don’t have the type of uncontestable evidence to show that ‘attempting to create the fund’ would not be repeated,” Judge Leonie Brinkema said. “And there is clear evidence, in terms of statements by the acting attorney general and multiple statements by the president who has talked about how important it is that this fund should go forward.”Read more here:JD Vance Says Trump 'Is Going To Get Us A Good Outcome' On A Deal With IranVice President JD Vance defended his boss Friday, saying President Donald Trump will "get us a good outcome" on a potential deal with Iran to open the Strait of Hormuz."I'm seeing a lot of fake information about a potential deal to reopen the Strait and end Iran's nuclear weapons program," Vance posted on X. "First, the Iranians are not receiving any cash, and no funds are being released for simply signing a deal or attending a meeting.""The president is going to get us a good outcome, one way or the other," Vance added.Iranian officials have said the memorandum would grant several demands, including the removal of sanctions on their oil. Trump said Friday the "terms that Iran leaked" are not what he agreed to."The terms that Iran leaked out to the Fake News have NOTHING to do with the terms that were agreed to, in writing," Trump posted. "Very dishonorable people to deal with. With them, there is no such thing as dealing in good faith."Earlier this week, the U.S. launched fresh attacks on Iran after Trump said Tehran would “pay the price” for stalled negotiations. Iran responded by targeting Bahrain and Kuwait.Another '60 Minutes' Staffer Is Exiting The Show: Report"60 Minutes" producer Michael Gavshon is departing the storied CBS show at the end of this month, The New York Times' Benjamin Mullin reported on Friday.Mullin did not cite any further details on Gavshon's exit but noted that the producer worked with Anderson Cooper and Jon Wertheim last season. (Cooper chose to leave the program, citing personal reasons, while Wertheim remains employed at CBS.)Gavshon's departure follows a period of turmoil at the program sparked by former opinion columnist Bari Weiss' CBS takeover. In recent weeks, the show's leadership team has been fired alongside on-camera correspondents Scott Pelley, Cecilia Vega and Sharyn Alfonsi.SpaceX Likely To Start Trading Around $175 A ShareCNBC predicts Elon Musk’s SpaceX will begin trading at around $175 a share Friday in the biggest-ever initial public offering. That’s significantly higher than the $135 price per share it laid out in its prospectus with the Securities and Exchange Commission.The IPO will raise upwards of $75 billion for the company, valuing it at $1.77 trillion — the seventh most-valuable company in the U.S., and minting Musk as the world's first trillionaire.Via some dubious corporate sleight of hand, SpaceX also owns xAI, which, in turn, owns X (formerly Twitter) and Grok, which faces numerous lawsuits for generating nonconsensual sexual imagery of women and children. Revenue at X/Twitter has likely dropped at least 84% since Musk acquired the company and took it private. Since SpaceX’s founding in 2002 it has accumulated a deficit of $41.3 billion dollars, the company disclosed in its prospectus.Trump Issues Fresh Warning To Iran's Leadership: 'They Better Get Their Act Together'In a post on his Truth Social platform on Friday, President Donald Trump urged Iran's leadership to "get their act together, and FAST," disputing Tehran's characterization of a memorandum between the two sides."The terms that Iran leaked out to the Fake News have NOTHING to do with the terms that were agreed to, in writing," he said. "Very dishonorable people to deal with. With them, there is no such thing as dealing in good faith."Iranian officials have said the memorandum would grant many of their demands, including the removal of sanctions on their oil, according to Reuters, which said Trump appears to have won few concessions based on Tehran's description of the draft agreement.Trump also slammed Iran's drone attacks on ships traveling through the Strait of Hormuz on Thursday night, calling Tehran's action "TOTALLY UNACCEPTABLE.""They better get their act together, and FAST!" he warned.This comes a day after Trump told reporters in the Oval Office that the U.S. has "made a great settlement of the war with Iran."U.S. Is Drastically Reducing Its Commitment To NATO Allies In Europe: ReportThe U.S. is reportedly moving full steam ahead with its plans to scale back the support it has given its traditional NATO allies in Europe for years.The New York Times on Friday reported that the U.S. has notified its European allies that it will drastically limit the amount of aircraft and warships it offers for NATO operations in Europe and also pull one of the group of bombers previously tasked with working on the continent's defense. The planned drawdowns will restrict the military alliance's ability to conduct long-range strikes and do surveillance, the report said.Allies were informed of the decision earlier this month, the Times said.Read more at The New York Times:Team USA To Play Its First 2026 World Cup GameTeam USA is playing its first game in the 2026 World Cup on Friday night.The squad is squaring off against Paraguay on home turf in Los Angeles at 9 p.m. ET.U.S. coach Mauricio Pochettino warned that it will be a "very tough game.""They have good quality and a great coach in Gustavo Alfaro who I respect and admire him a lot," Pochettino told reporters on the eve of the match.The U.S. opening ceremony, set to kick off about 90 minutes before the game, will feature "Ted Lasso" actor Jason Sudeikis, as well as performances from Katy Perry and other artists.For more World Cup news from HuffPost, go here:U.S.-Iran Peace Memorandum Could Be Signed On Sunday In Geneva: ReutersA memorandum between the United States and Iran to halt the war in the Gulf could be signed as soon as Sunday, a Western source told Reuters on Friday, with Geneva emerging as the likeliest venue.The source said language in the memorandum was still being finalized and Iran was sticking to its position that the deal must also end fighting in Lebanon, where Israel has been battling against the Iran-backed Hezbollah militia.The aim was to finalize the wording by Saturday so the agreement could be signed by U.S. Vice President JD Vance and Iran’s Parliament Speaker Mohammed Baqer Qalibaf. No venue had been established but Geneva was emerging as the likeliest.Read more at Reuters:See All Updates