With just hours to go before a set deadline, it's looking less and less likely Israel will form a new government. That means Prime Minister Benjamin Netanyahu will either be replaced or, if he gets his way, Israel will head toward new elections in September.

Netanyahu, who faces a possible indictment on corruption charges, was recently re-elected to the post after tightly contested elections in April, but he has struggled to form a coalition government. The prime minister reportedly needs Israel's ultra-Orthodox parties to reach an agreement with ex-defense minister Avigdor Lieberman, a secular right-winger, over a military draft bill, which would increase the number of ultra-orthodox Jewish men conscripted into the army. The impasse has held up the formation of a coalition, and Haaretz reports both sides rejected Netanyahu's last-ditch effort to forge a deal, which means — barring a truly last-minute change of opinion — the government will not to come fruition.

Normally, Netanyahu's failure to form a government would allow Israel's president, Reuven Rivlin, to select a different lawmaker to complete the task. But Netanyahu introduced a new bill to prevent that from happening. Instead, the law would dissolve the Knesset — Israel's national legislature — and eventually lead to new elections. Lawmakers have begun debating the bill with a vote expected to occur shortly. Tim O'Donnell

A federal appeals court on Wednesday rejected President Trump's request to rehear a case involving his financial records being turned over to Congress.

Trump challenged a subpoena sent by the House Oversight and Reform Committee to the accounting firm Mazars USA for eight years of his financial records. Trump's lawyers argued that the panel does not have the legislative authority to ask for these documents, but a three-judge appeals court panel ruled against him last month, with a vote of 2 to 1. Trump then requested the full court reconsider the case, but on Wednesday, that appeal was rejected with a vote of 8 to 3.

House Democrats sent the subpoena to Mazars earlier this year, saying lawmakers needed to look at Trump's records in order to determine whether he disclosed all of his assets and if they needed to revise laws regarding financial disclosures. Trump's lawyer Jay Sekulow said he will now appeal to the Supreme Court. Catherine Garcia

Islamic Jihad has fired at least 360 rockets into Israel from Gaza since Tuesday, the Israeli army said Wednesday night, in response to the assassination of one of the militant group's senior commanders.

On Tuesday, the commander, Bahaa Abu al-Ata, and his wife were killed when their Gaza home was targeted by an Israeli airstrike. The army says Abu al-Ata was responsible for several rocket attacks against Israel, and was planning a massive operation against the country.

After Abu al-Ata's death was reported, Islamic Jihad began firing rockets into Israel, and Israel responded by ramping up airstrikes against Islamic Jihad targets across the Gaza Strip. At least 26 Palestinians have died in the fighting, including a 7-year-old boy. Islamic Jihad is backed by Iran, and calls for the destruction of Israel.

The militant group Hamas, which controls Gaza, has so far stayed out of the matter. Egyptian mediators are trying to arrange a truce, The Associated Press reports, and U.N. Mideast envoy Nickolay Mladenov said the organization is "working to urgently de-escalate the situation." On Tuesday, Syrian officials said an Israeli airstrike targeting an Islamic Jihad militant in Damascus missed him, but killed two of his relatives. Catherine Garcia

President Trump welcomed Turkish President Recep Tayyip Erdogan to the White House on Wednesday, and during a joint press conference praised the leader for his "great relationship with the Kurds."

Last month, Trump ordered a withdrawal of U.S. troops in Syria, paving the way for Turkey to launch a military assault against the Kurdish-led Syrian Democratic Forces. The SDF fought against the Islamic State, and took over land ISIS controlled near the Turkish border, which was too close for Erdogan's comfort — Turkey considers the Kurdistan Workers Party (PKK) a terrorist group, and the SDF an offshoot. Since the assault began last month, there have been several reports of Turkish-backed Arab fighters carrying out ethnic violence against Kurds in Syria.

During the press conference, Trump and Erdogan were asked by a reporter from Iraqi Kurdistan about the Kurds. Trump said that "many Kurds live currently in Turkey and they're happy and they're taken care of," while Erdogan declared he has "no problems with the Kurds, we have problems with terrorist organizations, and of course you're not going to own up to the terrorists, are you?" Catherine Garcia

Sen. Elizabeth Warren's (D-Mass.) latest shot at billionaires has one one-percenter ready to blow.

Warren, a 2020 frontrunner, has compiled some billionaires' angry reactions to her proposed "wealth tax" into a new ad set to premiere on CNBC this week. One of those unhappy rich guys is Leon Cooperman, and after seeing Warren's ad, tossed a few f-bombs her way in protest.

Warren's proposed wealth tax would have the nation's wealthiest people handing more money to the federal government after her election. According to her website's calculator, that would be $151 million for Cooperman next year, out of his $3.2 billion net worth. "You'll still be extraordinarily rich," Warren's website truthfully tells Cooperman, but he has still said Warren's "vilification of billionaires makes no sense to me. It's bull."

A clip of Cooperman saying that appears in Warren's ad, followed by a reminder that he was "charged with insider trading." And after Cooperman saw that, he decided to call Warren "disgraceful" in an interview with CNBC. "She doesn't know who the f--- she's tweeting. I gave away more in the year than she has in her whole f----ing lifetime," Cooperman continued. Cooperman also said he "won" his case involving insider trading, though he actually just settled it with the Securities and Exchange Commission.

Upon seeing Cooperman's response, Warren's chief strategist Joe Rospars had just one question. Kathryn Krawczyk

Amazon and Nike are ending their two-year relationship.

A company executive confirmed the split on Wednesday, and told Bloomberg the decision stems from "Nike's focus on elevating consumer experiences through more direct, personal relationships." The executive noted the sports retail giant will still "continue to invest in partnerships with other retailers and platforms globally." Ouch.

This change abruptly ends the pilot program that the two companies launched in 2017, observes CNBC. According to Engadget, the partnership was originally intended to curb the sale of fake kicks. Rather ironically now, Endgadget speculates that one of the reason's behind Nike's decision could've been Amazon's inability to manage its billions of third-party sellers who sell counterfeit products.

"The split comes amid a massive overhaul of Nike's retail strategy," notes the Los Angeles Times, and follows the recent hiring of former eBay CEO, John Donahoe as the company's next CEO.

As CNBC reports, analysts believe this is good for Nike. "Brands don't need Amazon," one analyst told CNBC, saying the breakup "strengthens our view that retailers [and] brands won't be displaced by Amazon."

Whether those other options will stick around for long remains to be seen, as analysts are now speculating that Nike's departure from Amazon could prompt other brands to leave, reports CNBC. Ramisa Rob

Here's a piece of entirely useless trivia you'll never forget: Wrestler-turned-actor John Cena used to be a Tic Tac fiend, downing so many boxes of the breath mints before his wrestling matches that he estimates he sometimes took in "as much as 10,000 calories of straight sugar."

The number of Tic Tacs needed to actually add up to 10,000 calories notwithstanding, Cena said, "you always want to try to smell your best" — because nothing says "smell your best" like two sweaty dudes rolling around in a wrestling ring. Read more at Yahoo Entertainment. Scott Meslow