JFK assassination film held by feds could be worth $900M – and could prove 2nd shooter

 A 62-year-old home movie could blow the JFK assassination wide open — and prove once and for all there was a second shooter on the grassy knoll that fateful day.

The grainy 8mm footage, captured by Dallas air conditioner repairman Orville Nix as bullets ripped through Dealey Plaza on Nov. 22, 1963, hasn’t been seen since 1978, when it was sent away for analysis by an LA company and later fell under federal ownership – although the feds claim they don’t have it.

Nix died in 1972, and his granddaughter picked up from her late dad the legal war to recover his film — which she’s convinced is worth more than $900 million as it may hold the key to exposing one of history’s biggest coverups.

Now a federal judge has ruled that the battle over the film can go forward — and the footage might finally see the light of day.

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The granddaughter of Orville Nix, who shot 8mm film of the Kennedy Assassination, is fighting in court to force disclosures from the government and get compensation for the film, which is less known than the famous Zapruder film of the incident.Orville Nix, Sr.

Unlike the famous Zapruder film showing the moment President Kennedy was shot in the head, Nix’s camera was pointed at the infamous grassy knoll — the exact spot where many witnesses thought shots originated. Conspiracy theorists have long believed a second gunman was hiding behind a fence on the knoll.

The Nix film captured first lady Jackie Kennedy climbing on the back of the presidential limo immediately after her husband was shot — and a view of the fence.

The film could reveal evidence that gunman Lee Harvey Oswald didn’t act alone — thanks to new optic technologies and AI, according to Scott Watnik of Wilk Auslander LLP, a lawyer for Nix’s granddaughter, Linda Gayle Nix Jackson.

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Orville Nix’s film shows the famous “grassy knoll” which Kennedy conspiracy theories say could have been the location where a second gunman was located.Courtesy Nix family

“It’s really the only one that is known to have captured the grassy knoll area of Dealey Plaza right as the assassination occurs,” Watnik told The Post, noting that the film could bolster a 1978 House Select Committee on Assassinations report that found Kennedy “was probably assassinated as a result of a conspiracy.” That panel obtained the Nix film and played a role in the legal saga for its return.

“If we subjected the camera-original film to optics technology of 2026, we can certainly capture details in the film that we never could have captured when . . . the committee had the film in 1978,” he said.

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Lawyers for the family say new technology would allow for more advanced analysis to pinpoint what happened.Orville Nix, Sr.

The FBI, in its own 1980 analysis, found inaccuracies in that report, which relied on acoustic analysis to try to pinpoint the location of a potential second shooter.

During the last six decades, the Nix film has been held by the FBI, news outlet United Press International, Congress, and a private firm called The Aerospace Corporation in Los Angeles, which analyzed it and says it handed it back to the National Archives.

The National Archives in 1988 said it had only a copy of it – and the legal discovery process set forth by a Court of Federal Claims Judge Stephen Schwartz in a Jan. 15 order gives lawyers a chance to try to force the government to reveal information about its stewardship.

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The Warren Commission report concluded Lee Harvey Oswald was the lone gunman who killed Kennedy.AFP via Getty Images

The family’s case rests on the 5th Amendment, which states that the government shall not take property without providing “just compensation” in return.

But the 1992 JFK Records Act law granted the government ownership rights to JFK assassination evidence, while setting up a process for release of records to the public.

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Zapruder actually appears in the Nix film.Orville Nix

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The grassy knoll pictured in the film is central to the “second gunman” theory.Orville Nix

But the family’s massive monetary demand could run into trouble — given that an arbitration panel valued the Nix film’s more famous counterpart, the 8mm film shot by dress maker Abraham Zapruder, at $16 million back in 1999, calling it “a unique historical item of unprecedented worth.”

Lawyers for Nix’s granddaughter cite that value as a benchmark for what Nix’s film might have been worth back then — but want their client to get a whole lot of interest, based on the government’s longtime possession.

“If one were to say this film is worth what that one is worth as of ’92, and you apply 32 years of compound interest at a quarterly compound basis, you start to get numbers in the many many hundred of millions,” Watnik said. One “preliminary estimate” his team reached was $930 million.

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The president’s motorcade in Dallas before the assassination.Corbis via Getty Images

It’s not just about getting money to Nix’s heirs — Nix’s son, Orville Nix, Jr., died in July, slowing proceedings.

Lawyers for Nix Jackson say they want to use the court case and potential trial that would come if no settlement is reached to force new information from the government about how and where it has stored materials, including fragments of JFK’s brain, and recordings of internal communications by Dallas cops the day of the shooting.

“This is evidence of a murder, after all, of our nation’s president,” said Watnik. “So it’s even more important that we know where these records are.” The Nix family’s lawyers aren’t willing to take the government’s responses at face value. Among the Kennedy records they say have become “unlocated” over the years: the original copy of the supplementary autopsy report of the president, up to three photos taken at the autopsy, and Kennedy’s brain.

The National Archives and Records Administration did not respond to a request for comment.

The 1964 Warren Commission report concluded that Oswald acted alone in killing Kennedy from the Texas School Book Depository as the president’s motorcade drove past, but conspiracy theorists have long dismissed its conclusions.

https://nypost.com/2026/02/01/us-news/jfk-assassination-film-held-by-feds-could-be-worth-900m-and-could-prove-2nd-shooter-on-grassy-knoll/

I’ve seen insurgencies up close — and anti-ICE actions look eerily familiar

 Americans remain bitterly divided over the chaos that’s engulfed Minneapolis as President Donald Trump seeks to deport illegal-immigrant criminals.

Some see the protesters thwarting the enforcement of immigration law as “protecting friends and neighbors” — a form of righteous vigilantism.

Others contend Trump’s efforts are legal and necessary — despite the tragic deaths of two civilians who unlawfully interfered with federal enforcement action.

The tactics and behavior of Border Patrol and Immigration and Customs Enforcement officers are under deserved scrutiny in the cases of Renee Good and Alex Pretti.

But what about the anti-ICE provocateurs, agitators and instigators hell-bent on disrupting and impeding immigration enforcement?

Just how do they “spontaneously” materialize en masse to scream profanities, blast whistles and block official vehicles?

On Saturday, The Post revealed a piece of that puzzle with leaked data from an operation calling itself the “Community of Service.”

The group, led by a cadre of dispatchers, uses the secure messaging app Signal and the business-focused scheduling program AirTable to track ICE activity, schedule volunteer patrollers and spy on the license plates of suspected DHS vehicles in one sector of Minneapolis.

Dispatchers and patrollers working in round-the-clock shifts can quickly rouse members to the site of any ICE action with emoji-coded text messages.

And “Community of Service” appears to be just one of many separate anti-ICE cells taking part in these disturbances, all of them covering their electronic tracks and using aliases to shield their identities.

As a career FBI official who specialized in detecting and countering nefarious networks both at home and abroad, it’s all eerily familiar.

When I deployed to Afghanistan in support of Operation Enduring Freedom, I saw similar spotter tactics employed by any number of guerilla groups who communicated via handheld radios to initiate IEDs on roadways traveled by American troops.

The organized crime outfits and narco-traffickers I pursued during my 25-year FBI career sought to protect themselves with tactics much like those of “Community of Service,” operating in separate cells so that compromising one wouldn’t expose the rest.

In the 1990s and 2000s, enterprising criminal networks swiftly adopted new communications channels on video-game console networks, recognizing that law enforcement remained focused on monitoring landlines, pagers and cellphones.  

Put it all together, and the anti-ICE movement looks less like a populist, grassroots uprising of outraged soccer moms — and more like a criminal insurgency.

History is littered with empires undone by insurgent campaigns, from the fall of Rome to the collapse of czarist Russia.

Former CIA senior operations officer Rick de la Torre told FOX News Digital last week that the Minneapolis protests strongly resemble the insurgencies outlined in official US Army and CIA manuals — “decentralized movements” embedded among civilians that wield propaganda to “exploit triggering events,” prioritize rapid communications and focus on “persistent surveillance” of their foes.

No wonder FBI Director Kash Patel announced last week that his agency would be examining anti-ICE encrypted group chats on Signal to determine if users “broke the law” or “incited violence.”

Of course, opponents argue this is overreach.

And they’re right that inveighing against a government you disagree with in a private chat is not against the law — and is enshrined in the First Amendment as protected free speech.

Yet in Minneapolis, civilians serving within the anti-ICE mobilization effort as “rapid responders” have moved into dangerous territory as they obstruct and impede enforcement of immigration laws.

The chaos that follows is much like the BLM protests and riots of 2020, when genuine, constitutionally protected demonstrations turned violent as anarchists and Antifa’s “black bloc” agitators — employing aliases and clad in black clothing and masks to conceal identities — capitalized on public anger over the death of George Floyd.

Those activists, along with many of today’s anti-ICE organizations, work directly with the Democratic Socialists of America and espouse Marxist-Leninist ideologies.

And some prominent Democrats are actively lending a hand — while looking to spread the uprising beyond Minnesota.

The leaked “Community of Service” Signal chats reveal that its dispatchers include a Gov. Tim Walz appointee to a city board, the wife of a Democratic state representative and well-known Democratic attorneys and educators.

In New Jersey, Gov. Mikie Sherrill last week announced the launch of an online portal for public upload of videos of ICE operations in the Garden State.

In Seattle, Mayor Katie Wilson says she’ll prohibit ICE from accessing city-controlled properties and will deploy local cops to verify federal agents’ IDs.

Expect more of these state-sanctioned insurgency tactics to be unleashed when the enforcement of America’s immigration laws comes to a sanctuary city near you.

James A. Gagliano is a retired FBI supervisory special agent and a member of the Law Enforcement Legal Defense Fund board of directors.  

https://nypost.com/2026/02/01/opinion/ive-seen-insurgencies-up-close-anti-ice-actions-look-eerily-familiar/

'A brief history of Meta spending a lot of money on R&D'

 In its most recent earnings release, Meta Platforms (META) revealed that it spent $17.1B in Q4 on research and development, largely on AI-related projects. This was up nearly 41% from last year. 

The heavy R&D investment also represented a continued escalation compared to previous quarters. In Q3, the Facebook parent spent $15.1B, following a total of $12.9B in Q2. 

 

Bar chart showing Meta's quarterly R&D expenses (Seeking Alpha)

   

The ramped-up spending on AI marks the second time this decade that Meta has excitedly pursued an emerging tech trend. In October of 2021, Facebook officially changed its name to Meta Platforms, signaling its all-in commitment to the idea of the metaverse.

AI has largely replaced that focus on the metaverse, with the Mark Zuckerberg-led firm also dramatically raising the stakes along the way. While META committed $17.1B to R&D in the most recent quarter, this category only saw a little more than $7B in spending in Q4 of 2021, a time when it was loudly making its pivot towards the metaverse.

Meanwhile, Meta has recently moved decisively away from the metaverse. Last month, the company announced major cuts in its Reality Labs unit, which is the primary hub for its metaverse operations. This followed the June 2025 announcement that it was creating what it called its Superintelligence Labs, a unit designed to consolidate AI research and related product groups.

 

A timeline of Meta's R&D spending, with key events marked (Seeking Alpha)

 

But just how much is Meta now spending on R&D? 

As the company was disclosing its $17.1B in quarterly R&D spending, Meta also revealed Q4 revenue of $59.9B and net income of $22.8B. In other words, over a quarter of the firm's revenue (28.5% to be exact) was redirected to research.

In Q4 2021, when the name change took place and the metaverse represented the key development focus, the company spent $7.05B on R&D compared to revenue of about $33.67B. So a 77% increase in revenue over that three-year period gave the company significantly more resources to invest. 

At the same time, Meta has also committed a larger share of its expanded revenue to AI. The R&D expense in the last quarter of 2021 represented 20.9% of revenue, compared to the 28.5% seen in the most recent quarter.

https://www.msn.com/en-us/money/companies/a-brief-history-of-meta-spending-a-lot-of-money-on-r-d/ar-AA1Vr1xF

Xi signals push for yuan reserve status

 Xi Jinping has laid out an explicit goal for China’s currency, urging that the renminbi evolve into a widely used international unit that can eventually be held as a reserve currency. 

In an essay published Saturday in Qiushi, the Chinese leader argued that China should build a “strong” currency that is broadly used across global trade, investment and foreign exchange markets and that can ultimately be held by central banks as reserves.

Beijing has spent years promoting wider international use of the renminbi. The article is notable because it sets out a clearer definition of what that ambition requires. Xi pointed to the need for a more capable People's Bank of China, globally competitive financial institutions, and financial centers with enough depth to attract overseas capital and influence price-setting in global markets.

The comments were drawn from a 2024 address to senior regional officials and had not been made public until this week.

Their release comes as global investors and central banks reassess the dollar’s dominance amid market volatility, policy uncertainty and geopolitical strains. Donald Trump has recently welcomed a softer dollar, while speculation about leadership changes at the Federal Reserve and trade frictions have added to the debate about currency exposure.

Some economists see Beijing trying to capitalize on a shifting backdrop in the global order. China’s central bank governor, Pan Gongsheng, has also spoken about a future system where several major currencies share influence, the Financial Times reported.

Even so, the renminbi’s role in official reserves remains small. The International Monetary Fund data show the U.S. dollar still makes up the largest share of global reserves, with the euro second. The renminbi ranks well behind, at under 2% in the third quarter of 2025.

Analysts say a bigger reserve role would likely require steps China has been cautious about, including a more open capital account and fuller convertibility. Trading partners have also urged Beijing to allow a stronger exchange rate, arguing the currency is kept too weak and contributes to China’s outsized trade surplus.

Chinese officials, including PBOC vice-governor Zou Lan, have said China does not intend to use a weaker currency to gain an export edge.

Policymakers have recently tolerated modest strengthening against the dollar, though the currency has been softer versus the euro. Market watchers say Beijing’s near-term focus is stability, while longer-term appreciation would depend on stronger domestic growth and continued progress in strategic technologies, the FT reported.

https://www.msn.com/en-us/money/markets/xi-signals-push-for-yuan-reserve-status-as-beijing-eyes-bigger-role-in-global-finance/ar-AA1Vr9U4

Goodbye to the Fed Put? Wedbush warns of market jitters under Warsh

 U.S. equities could face a choppy stretch in the months ahead as investors brace for a potential overhaul of Federal Reserve policy under Kevin Warsh, according to a strategy note from Wedbush Securities.

In a Feb. 1 report titled "Goodbye Fed Put," Wedbush analyst Sam Basham said President Trump’s choice of Warsh as the next Fed chair is likely to unsettle markets in the near term, before clarity improves later in the year. The firm expects volatility to persist until Warsh formally takes the helm in May, as investors begin to price in what it sees as a decisive break from the Powell-era playbook.

Wedbush argues that a Warsh-led Fed would shift its focus away from interest rates toward the size of the central bank’s balance sheet. Under what the firm calls “Practical Monetarism,” the Fed would target money supply rather than the policy rate as its main inflation-fighting tool, draining liquidity through quantitative tightening and shrinking the roughly $6.5 trillion balance sheet.

That shift, the report says, would mark the “death of the Fed put,” ending the assumption that the central bank will routinely step in to support markets outside of a true crisis. Wedbush warned that the approach could be negative for risk assets tied to excess liquidity, while favoring Treasuries and the U.S. dollar and weighing on gold and silver.

The firm expects the transition period to be bumpy. From now until May, Wedbush sees “more downside than upside risk” for stocks if negative momentum builds, as investors reassess high-beta exposures and rotate toward companies with durable, real growth.

The report also highlights Warsh’s long-standing skepticism of large-scale asset purchases, noting his resignation from the Fed in 2011 in protest of a second round of quantitative easing. Wedbush quoted Warsh as arguing that the Fed relies on outdated inflation models and fails to recognize productivity gains, instead treating economic growth itself as inflationary.

Over time, Wedbush said, a successful pivot toward tighter control of liquidity could anchor inflation expectations, support long-term rates and ultimately prove constructive for markets. But in the short run, it cautioned, investors should prepare for a volatile recalibration as the era of guaranteed liquidity support comes to an end.

https://www.msn.com/en-us/money/markets/goodbye-to-the-fed-put-wedbush-warns-of-market-jitters-under-a-warsh-led-fed/ar-AA1VrTSZ

Eli Lilly to build $3.5 billion Pennsylvania plant in US manufacturing push

 Eli Lilly announced on Friday that it will build a pharmaceutical manufacturing facility in Pennsylvania, its fourth new site in an effort to expand U.S. production and bolster medical supply chains.

The $3.5 billion plant will make Lilly's injectable weight-loss medications, including retatrutide, the company said in a statement. That next-generation obesity drug has outperformed Lilly's blockbuster drug Zepbound.

Drugmakers are rushing to expand U.S. production as President Donald Trump has threatened to impose import tariffs on pharmaceutical products. 

Companies including Lilly, Pfizer, and Merck have pledged billions in domestic investment to avoid penalties. Lilly said last year that it would invest over $27 billion in four new U.S. manufacturing sites, and has said it will expand production at others.  

"All these sites, including this one, will be really state of the art manufacturing to last many decades to come," said Lilly CEO David Ricks at a Friday press conference in Allentown, Pennsylvania.

Lilly, the world's most valuable drugmaker by market value, has been racing against Danish rival Novo Nordisk to meet surging demand for GLP-1 weight-loss drugs. The company plans to launch its much-anticipated weight-loss pill in several countries at a $150-a-month cash price as it works towards U.S. approval in the coming months. 

"We're finding these medicines are quite popular, but we still have work to do to expand access, to improve affordability," Ricks said on Friday. 

Construction at the Lehigh Valley site is expected to begin in 2026 and the plant will be operational in 2031, the company said. 

The site was selected from more than 300 applications and was chosen in part for its proximity to universities and its existing infrastructure, the company said.

The investment is the largest by a life sciences company in Pennsylvania history and will create at least 850 new jobs, said Governor Josh Shapiro in a statement. 

Shapiro said at the Friday press conference that state officials are working to ensure permitting moves quickly for the new plant.

Pennsylvania is committing $100 million to the project, Shapiro said.

https://www.msn.com/en-us/money/companies/eli-lilly-to-build-3-5-billion-pennsylvania-plant-in-us-manufacturing-push/ar-AA1VlBZL