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A ‘perfect storm’ points to a much smaller U.S. auto market by 2040
The auto industry is selling fewer cars–one forecaster says this is a fundamental change, and it is going to get worse.
Trump bought as much as $5 million in Axon stock before ICE sought $220 million Taser deal
Axon Enterprise has ramped up lobbying in Congress on federal law-enforcement technology as ICE pursues a potential $220 million Taser deal.
Seniors in Medicare are about to get landmark obesity drug coverage — but many may not know it yet
Many seniors may be unaware of the landmark coverage shift starting on July 1, with limited advertising seen from the government or Eli Lilly and Novo.
Putin details Russia’s fuel shortages after Ukrainian drone strikes
Putin’s comments mark the first time he has detailed the extent to which Ukraine’s deep-strike successes have hampered Russia’s fuel production.
How Kohl’s lost its way — and is trying to become relevant again
Kohl’s went from a household name to a plunging stock as it lost relevancy and its core customer. Now, the company is trying to turn itself around.
Trump says he is nominating former Oklahoma state trooper Lance Schroyer as ICE director
The nomination comes after former ICE director Todd Lyons resigned at the end of May. David Venturella has been serving as the acting head of the agency.
Walmart heir Lukas Walton buys minority stake in the Chicago Bulls and United Center
Lukas Walton is the 39-year-old grandson of Walmart founder Sam Walton. He and Samantha Walton are residents of Chicago.
U.S. strikes Iran after Trump accuses Tehran of ceasefire violation in Strait of Hormuz
The U.S. military conducted strikes against Iran on Friday in response to what President Donald Trump said was Tehran’s violation of a ceasefire by launching drone attacks aimed at ships in the Strait of Hormuz. Read more Trump threatens 100% tariff on countries putting ‘Digital Services Tax on American Companies’
Rubio says Israel, Lebanon reach framework agreement aimed at ‘lasting peace and security’
Israel and Lebanon agreed to implement a ceasefire. But that is contingent on the paramilitary group Hezbollah agreeing to halt hostilities.
Gavin Newsom calls for national billionaires tax: ‘It’s time for an economic reset’
California Gov. Gavin Newsom said he supports imposing “a true minimum tax on billionaires” and closing “tax-free lifestyle loan” loopholes for the rich.