StupidiNews!

• After years of drought, California is being inundated with a massive storm that could dump as much as ten inches of rain in parts of the Golden State.
• The GOP-led House has passed measures to remove insurance companies from oversight in Dodd-Frank financial reform legislation as part of today's must pass spending bill.
• A US appeals court has thrown out two major hedge fund insider trading convictions, putting dozens of other convictions obtained in the last several years in jeopardy of also being reversed.
• British analysts are warning that drug-resistant infections may cost the global economy up to $100 trillion over the next 35 years, a threat they say is as great as climate change.
• The US Navy has approved the military's first ship-based laser weapon for use aboard the USS Ponce in the Persian Gulf.