“I pledge allegiance to the Flag of the United States of America, and to the Republic for which it stands, one Nation under God, indivisible, with liberty and justice for all.”

The Thursday Flyover Replay : Paramount-Trump Settlement, a Brain Computer, and an Iconic Side-Eye.

Presented by Russell Sherrard.

Narrated by Artificial Intelligence, Our Hosts are Christopher and Jenny.

THE FLYOVER REPLAY.

Thursday, July 3, 2025.

Good Morning! On this day in 1775, George Washington formally assumed command of the Continental Army in Cambridge, Massachusetts, taking charge of an untrained, underequipped militia and beginning his role as commander-in-chief in the fight for American independence.

We hope you enjoyed reading today’s Flyover. Let us know how we’re doing by replying to Russell Sherrard at russellsherrard@reagan.com.

The sponsors keep the tanks full around here. Be sure to check out today’s sponsors.

TAKEOFF.

Paramount Settles Trump Lawsuit for $16M.

Paramount Global has agreed to pay $16 million to settle a lawsuit filed by President Trump over a 2024 60 Minutes interview with then-Vice President Kamala Harris.

Trump alleged the interview was deceptively edited to favor Harris during the presidential campaign.

The settlement funds will go to Trump’s future presidential library, not to him personally, and Paramount will not issue an apology.

As part of the agreement, 60 Minutes will release transcripts of future interviews with presidential candidates after they air, with necessary redactions

Rapper Diddy Convicted on Two Counts.

Rapper Sean “Diddy” Combs was convicted Wednesday on two counts of interstate prostitution, capping a high-stakes, seven-week federal trial in New York that featured graphic testimony from ex-girlfriend Cassie Ventura.

A jury cleared him of the more severe charges—racketeering conspiracy and sex trafficking—thereby avoiding a potential life sentence.

Prosecutors alleged Combs ran a coercive criminal enterprise, but jurors weren’t persuaded he trafficked women.

He now faces up to 20 years behind bars and remains entangled in multiple civil lawsuits over alleged sexual misconduct.

Stocks Reach Record High on Vietnam Deal.

The S&P 500 hit a record high Wednesday after Trump unveiled a trade deal with Vietnam, imposing a 20% tariff on imports while giving U.S. goods zero-tariff access to Vietnamese markets.

The deal also includes a 40% tariff on transshipped goods, targeting trade route abuses by countries like China.

Nike shares jumped 4% on the news, given its deep manufacturing ties to Vietnam.

Meanwhile, Trump ruled out a deal with what he called “spoiled” Japan, citing its refusal to import U.S. rice and cars, setting the stage for tariffs up to 35% when a temporary pause expires July 8.

POLITICS.

Iran suspended cooperation with the UN’s nuclear watchdog Wednesday, claiming its program is peaceful and demanding safety guarantees before allowing inspections to resume.

Federal officials are warning of potential “lone wolf” terror threats targeting July 4th events as the tensions with Iran rise. Authorities are urging the public to stay alert and have emergency plans ready during holiday festivities.

Defense Secretary Pete Hegseth paused a major weapons shipment to Ukraine over concerns about depleted U.S. munitions, following a review of stockpiles strained by aid to Ukraine and Middle East operations.

The Wisconsin Supreme Court’s liberal majority ruled 4-3 that the state’s 1849 abortion law is unenforceable, saying modern laws passed over the past 50 years have effectively replaced it.

After a word from one of our sponsors Jenny will be Narrating the last half of the news.

And Now, A word From one of Our Sponsors.

Add Audio to your blog posts.

Are you someone with a blog and wonder if it is being effective? I have added audio to my blog posts and am getting good comments. I can add voice to your blog posts. You choose Male/Female. $10 per post. Direct your inquiries to russellsherrard@reagan.com

Thanks Christopher.

Now, back to the News.

SPORTS.

NBA All-Star Damian Lillard was reportedly “elated” when the Milwaukee Bucks waived and stretched his contract. Lillard is now garnering interest from the Miami Heat and Golden State Warriors as he enters free agency.

The Women’s Professional Baseball League will hold tryouts in Washington, D.C., next month, with the top 150 players receiving invites to the draft in October. Over 600 players have already signed up for the four-day talent showcase.

The New York Knicks hired Mike Brown to be their next head coach after striking out on multiple other options.

The Indiana Fever overcame the Minnesota Lynx to win the WNBA Commissioner’s Cup on Tuesday, despite missing their best player, Caitlin Clark.

FINANCE.

Big Stock Move: Shares of health insurer Centene Corp, a major player in government-backed coverage, dropped over 40% Wednesday after the company scrapped its 2025 earnings forecast, citing a $1.8 billion shortfall.

Tesla reported a second consecutive quarterly drop, with vehicle deliveries down 14% as analysts cite Chinese competition and political backlash for the decline.

Del Monte, a 139-year-old American food distributor, filed for Chapter 11 bankruptcy Tuesday and secured $912.5 million in financing to support operations while seeking a buyer.

Microsoft officials confirmed on Wednesday that it will lay off about 9,000 employees, continuing to “implement organizational changes necessary to best position the company.”

SCIENCE AND TECH.

University researchers developed a brain-computer interface that lets people who can’t speak convert thoughts into speech and song through a computer almost instantly.

A new alloy that shrinks when it’s heated and expands when it’s cooled could help with the search for habitable planets, NASA says.

Several nighttime events are available for sky watchers this month, including a meteor shower, a glimpse of the Buck Moon, the Scorpius constellation, and Mercury.

THE ROTATOR.
THROWBACK THURSDAY.

A new photo spread showcases 32 vintage snapshots from the early 1980s, featuring everything from barefoot kids on bikes to John Lennon’s final months, the eruption of Mount St. Helens, and the rise of MTV.

Read the story behind a 1957 photo of Sophia Loren giving a now-iconic side-eye to Jayne Mansfield’s revealing dress at a Hollywood dinner.

A photo roundup compares celebrity mothers and daughters at the same age, spotlighting just how strong the family resemblance can be in Hollywood and beyond.

ET CETERA.

ICEBlock, an iOS app that lets users mark recent ICE agent sightings, has shot to No. 1 on Apple’s U.S. social networking chart after federal officials condemned it.

A Hamptons restaurant is serving an $8,000 martini that comes with a 5-carat diamond necklace and a $1,000 charity donation built into the tab.

Bentley has unveiled the fifth iteration of its logo in 106 years, featuring sharper, falcon-inspired wings in a refined design meant to modernize the emblem without losing its heritage.

This recipe collection rounds up classic American pies—fruity, creamy, nutty, and nostalgic—that still deserve a spot on every table.

Daily Quote.

“That Combs’ lawyers could frame this as a ‘great modern love story’ and be rewarded for it speaks volumes. We’re now told that a love story can include brutal beatings, sexual humiliation, blackmail, stalking, and that the woman should feel lucky to be part of it.”

— Dr. Ann Olivarius, women’s rights attorney, on the verdict in Sean Combs’ trial and its implications for survivors

Inspirational Verse of the Day.

Proverbs Chapter 2 Verse 3. Yea, if thou criest after knowledge, and liftest up thy voice for understanding;

And thats the news for today. Thanks for listening.