CNN 5 Things US strikes drug boat, ‘no tax on overtime,’ explained, Kraft Heinz splits & more
Sep 2, 2025
The podcast dives into the U.S. military's striking action against a Venezuelan drug boat, signaling a tough stance on drug cartels. It unpacks the nuances of Trump's overtime pay plans, revealing unexpected taxation implications. The scientific community is at odds with a controversial Energy Department climate report. Meanwhile, political turmoil unfolds in Brazil as a former president faces trial. Lastly, Kraft Heinz announces a significant split to enhance its brand efficiency, signaling a transformative shift in the corporate landscape.
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U.S. Escalates Action Against Drug Cartels
- The U.S. conducted a lethal strike on an alleged Venezuelan drug vessel, marking a stronger stance against cartels.
- The move escalates policy after designating some cartels as foreign terrorist organizations and drew immediate media attention.
Trump Dismisses Illness Rumors
- Reporters asked President Trump about online theories that he was seriously ill or had died after a six-day absence, which he dismissed as fake news.
- Medical explanation for bruising on his hand was given as minor soft tissue irritation and aspirin use, according to his doctor.
Check Which Overtime Is Tax-Exempt
- Do not assume all overtime earnings are tax-free under the new law; only the excess above standard pay is exempt.
- Calculate your expected benefit carefully because time-and-a-half pay only exempts the half-time portion from taxes.