Business

Auto industry sounds the alarm as China’s rare earth curbs start to bite

European auto industry groups are raising alarms over a rare earth shortage triggered by China’s recent export restrictions. The curbs, imposed in response to U.S. tariffs, have already caused shutdowns at several European supplier plants, with more disruptions expected as inventories run low. Rare earths are essential for both combustion and electric vehicles, and only about 25% of export license applications have been approved by … Continue reading Auto industry sounds the alarm as China’s rare earth curbs start to bite

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Business

Kleenex-Owner Nears Roughly $3.5 Billion Sale of International Tissue Business

Kimberly-Clark is selling its Kleenex and tissue businesses outside North America to Brazilian company Suzano for about $3.5 billion, shifting focus to more profitable areas. The deal boosts Suzano’s global tissue market presence. Analysts give Kimberly-Clark (NYSE: KMB) an average price target of $144.13, indicating a modest 4.12% upside from its current price of $138.43. Brokerage firms rate the stock a “Hold” with an average … Continue reading Kleenex-Owner Nears Roughly $3.5 Billion Sale of International Tissue Business

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Politics

Trump says he spoke to Putin, predicts no ‘immediate’ peace for Russia and Ukraine

President Donald Trump said he spoke with Russian President Vladimir Putin for over an hour on Wednesday, discussing Ukraine’s recent airstrike on Russian bombers and nuclear talks with Iran. Trump said Putin vowed retaliation against Ukraine but did not indicate whether he urged restraint. They also talked about preventing Iran from acquiring nuclear weapons, with Putin expressing willingness to assist in negotiations. Trump noted that … Continue reading Trump says he spoke to Putin, predicts no ‘immediate’ peace for Russia and Ukraine

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Politics

Comer widens Biden ‘cover-up’ probe, seeks interviews with Anita Dunn and Ron Klain

House Oversight Committee Chairman James Comer is expanding his investigation into an alleged cover-up of former President Joe Biden’s mental decline by seeking interviews with five additional former White House aides, bringing the total to ten. Comer sent letters requesting closed-door testimony from Ron Klain, Anita Dunn, Michael Donilon, Steve Ricchetti, and Bruce Reed. He claims these former aides may have witnessed or played a … Continue reading Comer widens Biden ‘cover-up’ probe, seeks interviews with Anita Dunn and Ron Klain

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Politics

Former Biden press secretary leaves Dem Party

Former White House Press Secretary Karine Jean-Pierre has announced she is leaving the Democratic Party and will release a book in October titled Independent: A Look Inside a Broken White House, Outside the Party Lines. Jean-Pierre said she made the decision after stepping down in January, believing the country needs to move beyond party labels to face future challenges. Her announcement follows the release of a … Continue reading Former Biden press secretary leaves Dem Party

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Politics

Trump orders investigation into Biden’s actions as president

President Trump has ordered an investigation into President Biden’s use of the autopen to sign official documents, alleging it may have masked a decline in Biden’s cognitive health and calling some of his actions potentially illegitimate. Trump claims aides may have wielded executive power in Biden’s name, including issuing pardons for his siblings and political allies. Biden strongly denied the accusations, asserting all decisions were … Continue reading Trump orders investigation into Biden’s actions as president

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Politics

Trump calls for scrapping debt limit

Former President Trump has called for the U.S. debt ceiling to be permanently abolished, aligning for the first time with Democratic Senator Elizabeth Warren on the issue. Trump posted on Truth Social urging bipartisan action to scrap the limit, calling it a dangerous political tool that could lead to economic catastrophe. Warren recently echoed similar views, and Trump shared her comments, saying he agrees with … Continue reading Trump calls for scrapping debt limit

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U.S. News

Climber dies after falling 3,000 feet from Mount McKinley in Alaska

The body of climber Alex Chiu, 41, was found two days after he fell about 3,000 feet while ascending Mount McKinley (Denali) in Alaska, the National Park Service confirmed. Chiu was climbing the West Buttress route with two others on Monday when he fell at a spot called Squirrel Point. His teammates were unable to locate him and descended for help. Bad weather delayed recovery … Continue reading Climber dies after falling 3,000 feet from Mount McKinley in Alaska

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U.S. News

Man charged with supplying explosive chemicals to bomber of Palm Springs fertility clinic

Federal authorities have arrested Daniel Park, 32, of Washington state, for allegedly aiding the bomber of a California fertility clinic by supplying chemicals and helping test explosives. Park and the bomber, Guy Edward Bartkus, who died in the May 17 blast, shared anti-procreation beliefs and connected through fringe online forums. The bombing, labeled a terrorist act, caused major damage but no casualties. Park, who fled … Continue reading Man charged with supplying explosive chemicals to bomber of Palm Springs fertility clinic

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U.S. News

Fallout continues after federal raid; officials say drugs is a growing concern in area

Fallout continues after a chaotic federal drug raid at a Mexican restaurant on Lake Street in Minneapolis, prompting concerns from residents and local leaders. While many criticized the optics of the operation, officials emphasized the growing drug problem in the city. Hennepin County Sheriff Dawanna Witt defended the raid, citing a rise in overdoses. Hennepin Healthcare reports a 45% increase in non-fatal overdoses compared to … Continue reading Fallout continues after federal raid; officials say drugs is a growing concern in area

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U.S. News

US Education Department threatens Columbia University’s accreditation

The Trump administration has escalated its conflict with Columbia University, accusing the school of failing to protect Jewish students and declaring it may no longer meet accreditation standards. The U.S. Department of Education notified the Middle States Commission on Higher Education, citing Columbia’s alleged violation of Title VI of the Civil Rights Act after the October 7 Hamas attack. Losing accreditation could threaten federal funding … Continue reading US Education Department threatens Columbia University’s accreditation

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U.S. News

Judge blocks deportation of Boulder attack suspect’s family

A federal judge has temporarily halted the deportation of the wife and five children of Mohamed Sabry Soliman, the Egyptian man charged in the recent Molotov cocktail attack in Boulder, Colorado. The judge ruled that deporting the family without due process could cause “irreparable harm” while their appeal is pending. The family, who have not been charged with any crimes, were taken into custody for … Continue reading Judge blocks deportation of Boulder attack suspect’s family

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World News

A hungry wild elephant raids a grocery store for snacks in Thailand

A wild elephant named Plai Biang Lek caused a stir in northeastern Thailand when he wandered into a grocery store near Khao Yai National Park and helped himself to snacks. The 30-year-old elephant, a known local, calmly grabbed food including rice crackers and bananas before leaving without harming anyone, though he left behind muddy footprints. Videos of the incident amused viewers online, ABC News has … Continue reading A hungry wild elephant raids a grocery store for snacks in Thailand

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World News

Cologne defuses WW2 bombs after 20,000 evacuated

Authorities in Cologne, Germany, safely defused three large unexploded World War II bombs after evacuating over 20,000 people in the city’s largest postwar operation. The bombs, discovered in a shipyard in Deutz, triggered evacuations of homes, schools, hospitals, and key infrastructure, including a major train station. Streets were emptied, transport disrupted, and cultural sites shut down. Residents were warned they could face fines or forced … Continue reading Cologne defuses WW2 bombs after 20,000 evacuated

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World News

Erin Patterson denies deliberately foraging death cap mushrooms and weighing fatal dose

Erin Patterson, on trial for allegedly poisoning four in-laws with death cap mushrooms in a 2023 lunch, has denied deliberately foraging or weighing the mushrooms to calculate fatal doses. However, she admitted lying to police early in the investigation out of fear. During cross-examination, prosecutors presented photos allegedly showing death cap mushrooms on scales in her home, which Patterson acknowledged taking but denied using to … Continue reading Erin Patterson denies deliberately foraging death cap mushrooms and weighing fatal dose

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World News

Iran’s Supreme Leader Rejects Nuclear Deal Offer

ran’s Supreme Leader Ayatollah Ali Khamenei has rejected a U.S. proposal that would allow limited uranium enrichment in Iran before phasing it out, calling it a violation of Iran’s independence. The move complicates ongoing nuclear talks, with Washington now reassessing its approach. The U.S. offer included dismantling Iran’s underground enrichment sites in exchange for allowing a regional consortium to oversee future enrichment. Iran insists on … Continue reading Iran’s Supreme Leader Rejects Nuclear Deal Offer

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World News

U.S. Is Redirecting Critical Antidrone Technology From Ukraine to U.S. Forces

The Trump administration has redirected a key antidrone technology—proximity fuzes originally intended for Ukraine—to U.S. Air Force units in the Middle East, signaling a shift in Pentagon priorities away from Kyiv. This decision, justified as an urgent defense need, comes amid growing tensions with Iran and Houthi militants. Critics warn the move weakens Ukraine’s air defenses against Russian drones, while supporters argue it falls within … Continue reading U.S. Is Redirecting Critical Antidrone Technology From Ukraine to U.S. Forces

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Space

James Webb Telescope Detects Frozen Water In Young Star System For The First Time

NASA’s James Webb Space Telescope has discovered crystalline water ice in the debris disk around HD 181327, a young Sun-like star 155 light-years away. This finding supports the theory that water existed in the early solar system’s outer regions and played a key role in planet formation. The water ice, mostly found in the disk’s outer ring as “dirty snowballs” (ice mixed with dust), decreases … Continue reading James Webb Telescope Detects Frozen Water In Young Star System For The First Time

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Technology

Light-guided ‘bacterial robot’ system tackles antibiotic resistance

Researchers at Politecnico di Milano have developed a technique that uses light-sensitive molecules to control bacterial functions without genetic modification. Their EOS project enables bacteria to sense light and convert it into electrical signals that influence key processes like movement, biofilm formation, and antibiotic sensitivity. This method, called optomodulation, can affect how bacteria absorb antibiotics, potentially improving treatment against resistant strains. For example, exposure to … Continue reading Light-guided ‘bacterial robot’ system tackles antibiotic resistance

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Business

Citigroup lifts banking curbs on gun makers and sellers

Citigroup has ended a seven-year policy restricting banking services to firearm manufacturers and sellers, originally put in place after the 2018 Parkland shooting to promote responsible sales practices. The bank said many clients now follow these practices, and it will no longer maintain a specific firearms-related policy. The decision drew criticism from gun-control advocates, while White House officials praised it as supporting law-abiding gun owners. … Continue reading Citigroup lifts banking curbs on gun makers and sellers

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Business

Dollar General is shaking off tariff fears and winning over higher-income consumers

Dollar General’s shares surged nearly 16% after it raised its sales and earnings outlook, driven by increased spending from middle- and higher-income shoppers amid tariff fears. The retailer beat expectations for revenue and earnings in the first quarter, with net sales now expected to grow 3.7% to 4.7%. CEO Todd Vasos said the company reduced its reliance on China to minimize tariff impacts and has … Continue reading Dollar General is shaking off tariff fears and winning over higher-income consumers

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Business

Wells Fargo Stock Rises as Fed Lifts Asset Cap After 7 Years

The Federal Reserve has lifted the $1.95 trillion asset cap on Wells Fargo, imposed after a 2016 fake accounts scandal. This marks a major milestone for CEO Charles Scharf, who has focused on cleaning up past issues since 2019. The removal reflects the bank’s progress in addressing regulatory concerns and allows Wells Fargo to pursue growth, especially in investment banking. While the asset cap is … Continue reading Wells Fargo Stock Rises as Fed Lifts Asset Cap After 7 Years

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Politics

Trump slams GOP Sen. Rand Paul for opposing ‘big, beautiful bill’

President Trump sharply criticized Sen. Rand Paul after Paul opposed the Trump-backed budget bill’s $5 trillion debt ceiling increase. Paul called the hike irresponsible and said he wouldn’t support it, though he supports the tax cuts and spending cuts in the bill. Trump accused Paul of misunderstanding the plan and labeled him as a habitual “no” voter with no practical ideas, urging Republicans to back … Continue reading Trump slams GOP Sen. Rand Paul for opposing ‘big, beautiful bill’

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Politics

Trump formally asks Congress to claw back approved spending targeted by DOGE

The White House has asked Congress to rescind $9.4 billion in previously approved spending, targeting programs criticized by Elon Musk’s Department of Government Efficiency (DOGE) for promoting liberal agendas. This rescission requires congressional approval and, if passed, would cement many of DOGE’s proposed cuts amid Musk’s strong opposition to the current tax and spending plan, which he called a “disgusting abomination” for worsening the federal … Continue reading Trump formally asks Congress to claw back approved spending targeted by DOGE

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Politics

Mongolia’s prime minister resigns amid protests over reports of son’s lavish spending

Mongolia’s Prime Minister Oyun-Erdene Luvsannamsrai resigned after failing a parliamentary vote of confidence, receiving only 44 votes out of the 64 needed. The vote followed protests sparked by reports of lavish spending by his son and public dissatisfaction. Oyun-Erdene, who had been in office for four years, warned that political instability could threaten Mongolia’s young democracy. The country, transitioning from its communist past, faces challenges … Continue reading Mongolia’s prime minister resigns amid protests over reports of son’s lavish spending

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