Author: Press Room

The Republican-led US House of Representatives approved a war powers resolution on Wednesday to block President Donald Trump from continuing the conflict against Iran. The measure is largely symbolic as it must still pass the Senate and would need a two-thirds majority in both chambers to override an almost certain presidential veto.Broadcom shares plunged more than 13 per cent in extended trading after missing Wall Street expectations for second-quarter revenue on Wednesday, while its top executive left a previous 2027 sales forecast unchanged in a rare sign that the AI chipmaker may be losing steam.In currency markets, the yen strengthened…

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Elon Musk’s rocket company SpaceX is targeting a valuation of nearly $1.77 trillion in its blockbuster initial public offering (IPO), paving the way for the largest stock market debut in history.In a filing with the US Securities and Exchange Commission on Wednesday, SpaceX said that it plans to sell 555.6 million shares at $135 apiece, raising approximately $75bn.Recommended Stories list of 4 itemsend of listThe eye-popping valuation would make SpaceX the world’s seventh-largest company by market capitalisation, ahead of Musk’s electric vehicle maker Tesla and social media giant Meta, and just behind Taiwanese chipmaker TSMC.It would also eclipse energy giant Saudi Aramco’s 2019 debut, which raised $26bn at…

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President Trump is expected to nominate Acting Attorney General Todd Blanche to serve in the role permanently, several sources familiar with the matter told CBS News.Blanche has led the Justice Department on an acting basis since Mr. Trump fired Attorney General Pam Bondi in April. He previously was the deputy attorney general and, before that, served as one of Mr. Trump’s personal defense attorneys.Mr. Trump announced that he would nominate Blanche “tomorrow” during a private event in the White House’s Rose Garden on Wednesday, according to a video posted to social media by White House deputy chief of staff Dan…

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A jury has found Khoa Tran guilty of second-degree murder in the death of his neighbour, Reeyaz Habib, while Tran’s wife, Isabelle Nguyen, was found guilty of being an accessory after the fact and committing an indignity to a dead body. It took the jury just over a day to reach their verdicts. They were delivered Wednesday evening in a Toronto courtroom following a trial centred on the 2023 death of Habib, whose body was found in a garbage compactor at a Liberty Village condominium building where the 53-year-old filmmaker lived alone.Two days later, Habib was reported missing. Tran, who…

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JAKARTA: Indonesia’s rupiah hit its weakest level ever against the dollar on Thursday (Jun 4), breaching the psychological 18,000 threshold amid concerns about the country’s economy amid surging energy costs.The unit hit 18,028 against the greenback despite recent central bank efforts to provide support.The rupiah has tumbled more than 7 per cent this year and is Asia’s worst-performing currency, according to Bloomberg News, as the US-Israel war on Iran sent global oil prices surging. Permata Bank chief economist Josua Pardede said an exchange rate of 18,000 was a “psychological threshold” for market investors. The weakening, he told AFP, was fuelled by…

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A group of Amazon engineers appeared at Seattle City Council hearings on Wednesday to throw their support behind efforts to regulate the development of giant AI data centers in the area, which are getting constructed while their employer is engaged in mass layoffs. “It’s been reported that this year, Amazon is spending $200 billion dollars on capital, with most of it going to data centers and AI,” Patrick Schloesser, a software engineer at Amazon Web Services, said at a hearing. “Microsoft is spending $190 billion. Meanwhile, the leaders at my company have laid off 30,000 corporate employees in the last…

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NEWYou can now listen to Fox News articles! Mike Leach, the larger-than-life coach credited with popularizing the Air Raid offense and transforming modern college football, has been nominated for the 2027 College Football Hall of Fame class just under four years after his death.Leach’s final coaching stop was at Mississippi State before his death in December 2022.The National Football Foundation has released the ballot for next year’s class, with the class set to be officially unveiled in January. The list features 80 players and nine coaches from the Football Bowl Subdivision and 99 players and 39 coaches from lower levels.…

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NewsFeedUK Prime Minister Keir Starmer has accused right-wing figures of exploiting the killing of Henry Nowak for political gain, after they argued his treatment by police was evidence of so-called ‘two-tier policing’.Published On 4 Jun 20264 Jun 2026Click here to share on social mediashare-nodesSharegoogleAdd Al Jazeera on Googleinfo

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