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Sneak peek at Thursday, July 25th, 2013!
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Sneak peek at Thursday, July 25th, 2013!
Tesla will report Q1 earnings after the bell on Tuesday, giving a much-needed update on the EV maker’s current and future prospects as investor sentiment slides.
A top U.S. arms control official said on Tuesday the country was likely, although not guaranteed, to meet a new deadline to finalise trade exemptions for the AUKUS defence project with Australia and Britain. AUKUS, formed in 2021 to address shared worries about China's growing power, involves Australia acquiring nuclear-powered attack submarines, and deeper defence cooperation. A 120-day deadline to qualify Australia and Britain for exemptions to the regime passed without certification on Saturday.
Asian markets mostly rose Tuesday and London hit a fresh record, with hopes for earnings this week from tech titans helping to offset worries about the Federal Reserve's interest rate plans ahead of the release of key US growth and inflation data.London rose again, having closed at a record high Monday with the Bank of England tipped to slash interest rates soon thanks to cooling inflation.
British Prime Minister Rishi Sunak vowed that nothing would prevent him from sending asylum seekers to Rwanda after parliament finally approved the divisive policy that is designed to deter migrants from travelling in small boats to Britain. Hours after the bill passed, a French newspaper reported that at least five migrants had died in an attempt to cross the Channel. Tens of thousands of migrants - many fleeing wars and poverty in Africa, the Middle East and Asia - have reached Britain in recent years by crossing the English Channel in small boats on risky journeys organised by people-smuggling gangs.
Charles “Todd” Hill, a former HGTV personality, was sentenced to four years in prison.
On air, ABC News chief meteorologist Ginger Zee travels the country forecasting and reporting on the nation's weather and the latest issues in the climate crisis. At home, Zee is a mom of two who, like parents everywhere, has the task of explaining topics as big as global warming and the climate crisis to her two young sons. Zee told Mitchell and Kohlberg that she starts by letting her sons know that neither she nor anyone has all the answers about the Earth and its changing climate.
Despite a rebound on Monday, many bearish strategists believe there are mounting risks to the market rally.
The increase in China's defence spending is concerning given its economy is "failing", the head of the U.S. Indo-Pacific Command said on Tuesday. Speaking to reporters in Tokyo, Admiral John Aquilino said China's economy had been battered by turmoil in its real estate sector and asserted that its official growth rates were "not real". He also said China was spending "drastically more" on its military than the 7.2% increase it declared last month.
Pro-Palestinian encampments have started on at least a dozen campuses
A $8 billion defense package approved by the U.S. House of Representatives over the weekend will “strengthen the deterrence against authoritarianism in the West Pacific ally chain,” Taiwan’s President-elect Lai Ching-te said Tuesday, in a reference to key rival China. The funding will also “help ensure peace and stability across the Taiwan Strait and also boost confidence in the region” Lai, currently Taiwan’s vice president, told visiting Michigan Representatives Lisa McClain, a Republican, and Democrat Dan Kildee at a meeting at the Presidential Office Building in the capital Taipei.
Show Dad how much you love him by posting one of these funny or thoughtful Father's Day captions on Instagram. Find ideas for grandpas and stepdads, too.
Australia’s Prime Minister called Elon Musk, owner of X and self-styled free-speech champion, an “arrogant billionaire.”
Elon Musk on Tuesday vowed to challenge Australian demands that his social media platform X take down videos of a recent Sydney church stabbing.Video of the bloody attack, which spread widely on social media platforms, has been blamed by Australian authorities for feeding tensions in the community.
Columbia University faces a seventh day of tense pro-Palestinian demonstrations as solidarity protests have rippled to other colleges and prompted arrests at NYU and Yale.
North Korea claims it tested a new nuclear weapons command-and-control system Monday, with the firing of projectiles carrying simulated nuclear warheads from multiple rocket launcher units.
Six of the largest tech companies are expected to see earnings growth slow over the next year, leaving room for other companies to lead the next leg of the stock market rally, UBS analysts say.
Australia and Papua New Guinea’s prime ministers on Tuesday began trekking into the South Pacific island nation’s mountainous interior to commemorate a pivotal World War II campaign and to underscore their current security alliance, which faces challenges from China's growing regional influence. Australian Prime Minister Anthony Albanese received an elaborate traditional welcome when he arrived by helicopter at Kokoda Village with his Papua New Guinean counterpart James Marape. The pair will walk 15 kilometers (9 miles) over two days along the rugged Kokoda Track where the Japanese army’s advance toward what is now the national capital, Port Moresby, was halted in 1942 in the wilds of the Owen Stanley Range.
A man who works for a German lawmaker in the European Parliament has been arrested on suspicion of spying for China, German prosecutors said Tuesday. The suspect, identified only as Jian G. in line with German privacy rules, was arrested Monday in Dresden, federal prosecutors said in a statement. The statement didn't specify which lawmaker employed him, but German public broadcaster ARD and magazine Der Spiegel reported that he works for Maximilian Krah of the far-right Alternative for Germany, who is that party's top candidate in the European Parliament election in early June.
Satellite photos analyzed by The Associated Press appear to show a new compound of tents being built near Khan Younis in the Gaza Strip as the Israeli military continues to signal it plans an offensive targeting the city of Rafah. The tent construction is near Khan Younis, which has been targeted by repeated Israeli military operations over recent weeks. Israel has said it plans to evacuate civilians from Rafah during an anticipated offensive on the southern city, where hundreds of thousands of people have taken refuge during the war, now in its seventh month, but the military said it was involved in the tent construction.
TOKYO (Reuters) -Japanese electric motor maker Nidec on Tuesday posted an operating loss for the January to March quarter, hit by the costs of restructuring steps taken to deal with fierce price competition in China's electric vehicle market. The company's fourth-quarter operating loss was 6.17 billion yen ($40 million), undershooting an average estimate for a 21.48 billion yen profit in a survey of eight analysts by LSEG. Nidec has sought to tap a growing share of the battery-powered vehicle market globally through developing and making an e-axle traction motor that combines an EV's gear, motor and power-control electronics.