Supply Cut Looms
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Radical change looms for Japanese legal sector
Advisers are braced for more domestic businesses to become targets for unsolicited takeoversFinancial Times - World - Japan -
The threat of Russian nationalism looms over Europe
A fragile sense of nationhood is one of Russia’s many complexities.The Hill - Politics - Russia -
‘Shadow of segregation looms’ on 70th anniversary of Brown v. Board
Rep. Al Green (D-Texas) was only 7 when the Supreme Court ruled in the Brown v. Board of Education case that separate but equal was unconstitutional. Before that, though, Green rode the bus from Fort Walton Beach, Fla., to Crestview, Fla., to go ...The Hill - Politics -
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Nickel price surges as New Caledonia riots raise concerns over supply
Industrial metal critical in electric vehicle batteries climbs almost 7%Financial Times - Business -
Ukrainian ambassador Oksana Markarova says "no such thing as fast enough" in supplying weapons
Oksana Markarova, the Ukrainian ambassador to the U.S., tells "Face the Nation" that while the U.S. is supplying weapons, "there is no such thing as fast enough when we are up against such a bad enemy and we have to catch up for such a long pause ...CBS News - Top stories - Ukraine -
AstraZeneca to build Chinese supply chain as US-Sino tensions increase
Anglo-Swedish drugmaker targets $80bn in revenue by 2030Financial Times - World -
UN halts food shipments to Rafah as supplies run out
The United Nations (UN) on Tuesday said it had ran out of food supplies in Rafah, the city in the southern part of the Gaza Strip at the center of a possible new Israeli military push. The UN said food distribution was halted due to insecurity and ...The Hill - Politics - United Nations -
Unions bash Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Labor unions have had enough of Trump’s tax cuts Top U.S. labor unions are calling for the repeal of former President Trump's ...The Hill - Politics - Donald Trump -
Markets underestimate geopolitical risk as raft of elections looms, ECB's De Guindos says
The European Central Bank's Financial Stability Report said that interest rate expectations have created the "potential for outsized market reactions."CNBC - Business -
Media giants lean on sports as Hollywood strikes still loom over content slates
Media companies charming advertisers during the Upfront meetings let sports take center stage as content slates still suffer from last year's Hollywood strikes.CNBC - Business -
‘Modi builds highways but where are our jobs?’: rising inequality looms over India’s election
While the number of Indian billionaires soars, growing unemployment has become a big problem for the BJP as it campaigns for a third term. It wasn’t even the real wedding, just the pre-wedding party. But that didn’t stop India’s richest ...The Guardian - World -
USMNT name June friendlies roster as Copa America looms: Gregg Berhalter looks for Sergino Dest replacement
After the right back's injury, who will step up and fill the void?CBS Sports - Sports -
College basketball transfer portal rankings 2024: NBA Draft decisions looming for high-profile players
Here are the top 80 players who enterted the transfer portal during college basketball's 2024 offseasonCBS Sports - Sports - NBA -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
North Korea test-fires suspected missiles as Kim Jong Un's sister denies supplying weapons to Russia
North Korea fired suspected short-range ballistic missiles off its east coast on Friday, South Korea’s military said.NBC News - Top stories - North Korea -
Supplies arrive in Gaza via new pier but land routes essential, says US aid chief
Samantha Power says barely 100 trucks of aid a day enter Gaza, far less than 600 needed to address threat of famine. Humanitarian assistance has begun to arrive in Gaza along a US-made pier, but the US aid chief said the new sea corridor could ...The Guardian - World -
US says cyberattacks against water supplies are rising, and utilities need to do more to stop them
The Environmental Protection Agency warns that cyberattacks against water utilities around the U.S. are becoming more frequent and more severeABC News - Tech -
U.S. says cyberattacks against water supplies are rising, and utilities need to do more to stop them
Cyberattacks against water utilities across the country are becoming more frequent and more severe, the Environmental Protection Agency warned Monday.NBC News - Top stories -
Hunt hints at another National Insurance tax cut
Jeremy Hunt promises further tax cuts, as he launches an attack on Labour's plans ahead of an election.BBC News - Top stories -
Tiger Woods will miss the cut at the PGA Championship at Valhalla
Tiger Woods will miss the cut at the PGA Championship at ValhallaABC News - Sports - Golf -
Labor unions call for repeal of Trump tax cuts
Top U.S. labor unions are saying they’ve had enough of the Trump tax cuts and want them repealed. Unions including the United Auto Workers (UAW), the AFL-CIO, the Service Employees International Union (SEIU), the Screen Actors Guild (SAG-AFTRA), ...The Hill - Politics - Donald Trump -
The WSJ Dollar Index Falls 0.1% to 99.27
The WSJ Dollar Index was down 0.1% to 99.27 — and is down for five of the past seven trading days.The Wall Street Journal - World -
The Starwood commercial-real-estate fund is scrambling to escape a looming cash crunch caused by the number of investors who want their money back.
The Starwood commercial-real-estate fund is scrambling to escape a looming cash crunch caused by the number of investors who want their money back.The Wall Street Journal - World -
Hunt to claim only Tories will cut UK tax burden after the election
Chancellor to attack Labour in keynote speech after canvassing tech bosses’ views on growth measuresFinancial Times - Business - United Kingdom -
Replit cuts staff by 30 amid aggressive AI push in software development
Replit, a cloud-based software development platform, lays off 30 employees as it focuses on integrating AI into its coding tools, aiming to make programming more accessible.VentureBeat - Tech -
ECB's Schnabel Says Second Rate Cut in July 'Does Not Seem Warranted'
The European Central Bank should move cautiously after delivering a first rate cut in June, a member of its executive board said in an interview.The Wall Street Journal - World -
ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
Hunt signals pre-election tax cut as Tories move on to campaign footing
UK chancellor accuses Labour of ‘a lie’ and funding ‘black hole’ in political speechFinancial Times - Business -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
As Tesla layoffs continue, here are 600 jobs the company cut in California
The latest wave of Tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Read the WARN filing here.CNBC - Business - California -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - World -
As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices ...NBC News - Top stories - California -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - Business -
Tiger (77) has 2 triple-bogeys, misses cut at PGA
After posting his 11th consecutive round of par or worse in a major championship with a 6-over 77 in the second round of the PGA Championship, Tiger Woods is headed home on the weekend again.ESPN - Sports - Golf -
Dollar rally falters as falling inflation raises hopes of rate cuts
US currency on track for first negative month of the year after end to months of above-forecast CPI dataFinancial Times - Business -
House Democrat says cutting federal funds for Harvard 'needs to be on the table'
Rep. Jake Auchincloss (D-Mass.) on Sunday said cutting federal funds for Harvard University and other schools should be an option "on the table" over their handling of campus antisemitism. Auchincloss, who is an alum of Harvard, visited the Ivy ...The Hill - Politics -
Companies warn against immigration cuts as Trump plans crackdown
Business groups say US economy remains dependent on foreign workers as migration becomes election issueFinancial Times - World - Donald Trump