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Today: June 03, 2026
Today: June 03, 2026

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Business|Economy|Finance|MidEast|Stock Markets|World

S&P 500, Dow tick lower on Middle East stalemate

The S&P 500 and the Dow opened lower on Wednesday, as a flare-up in the Middle East conflict drove oil prices higher and cast doubt on a quick resolution to the war. The Dow Jones Industrial Average fell 86.9 points, or 0.17%, at the open to 51,220.92. The S&P 500 fell 4.5 points, or 0.06%, at the open to 7,605.31​, while the Nasdaq Composite dropped 1.1 points, to 27,092.845 at the opening bell. (Reporting by Twesha Dikshit; Editing by Shinjini Ganguli)
S&P 500, Dow tick lower on Middle East stalemate
Business|Election|Finance|Political|US|World

Trump suggests he hasn’t dropped the ‘anti-weaponization’ fund

��s “anti-weaponization” fund, saying in an interview released Wednesday that people “should be reimbursed.”“No, a court ruled against (the fund),” Trump said when asked if he had dropped the controversial effort on the New York Post’s podcast “Pod Force One with Miranda Devine.” The interview was taped on Tuesday.That same day, acting Attorney General Todd Blanche told lawmakers that the Justice Department would not move forward with the fund.But Trump argues in the podcast interview that people who he claims were targeted by a “crooked government” deserve compensation.
Trump suggests he hasn’t dropped the ‘anti-weaponization’ fund
Business|Economy|Finance|Stock Markets|Technology

SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says

SpaceX will disrupt the $1.6 trillion U.S. communications industry as the Elon Musk-led company's satellite broadband unit Starlink expands, Oppenheimer said in a note on Wednesday, adding that legacy broadband providers like AT&T may be most at risk.The brokerage raised its estimate for 2035 space revenue to $800 billion from $500 billion earlier, ahead of the company's highly anticipated IPO this month.• The expansion of Starlink is expected to further pressure cable firms, which are already losing subscribers.• Oppenheimer said companies such as AT&T, Verizon Communications and
SpaceX will disrupt $1.6 trillion US communications industry, Oppenheimer says

US News

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Business|Entertainment|US

CBS News fires Scott Pelley from 60 Minutes, sources say

CBS News has terminated the contract of "60 Minutes" correspondent Scott Pelley, two sources at the network said on Tuesday, joining more than half a dozen departures in recent weeks."Your antipathy to the future of the show has come through loud and clear. And I have heard you," the show's executive producer, Nick Bilton, wrote in a Tuesday email to Pelley that was seen by Reuters. "I therefore write on behalf of CBS News, Inc. ("CBS") to inform you that your employment with CBS is terminated for cause effective immediately."Pelley did not immediately respond when reached for comment.His ter
CBS News fires Scott Pelley from 60 Minutes, sources say
Economy|Election|Finance|Political|US|World

Hilton, Becerra lead in tight primary race for California governor

Republican television commentator Steve Hilton and Democratic former cabinet secretary Xavier Becerra held onto early leads in the open primary race for California governor on Wednesday, positioning them to potentially advance to the November 3 general election.With all of California precincts partially reporting, Hilton was ahead with 27.8% of the vote and Becerra had 25.4%, according to official results. Each had more than 1.2 million votes with Becerra nearly 120,000 votes behind.Most Californians vote by mail, however, and ballots postmarked on or before election day have one week to arri
Election|Political|US

Why the count will go on in California

California’s elections are never quite over on Election Day, and this year is no different.The state’s big population and its universal vote-by-mail system add to the time it takes to count the large volume of ballots counties will receive.In the 2024 general election, for instance, mail ballots accounted for a little more than 80% of the 16.1 million ballots cast that November. Typically, county election officials first process ballots received before Election Day as they roll in and post those results quickly.But, under state law, mail ballots can be received at local election offices up
Why the count will go on in California
Election|Political|US|World

Takeaways from the primary elections in California, Iowa and elsewhere

Six states ranging from California to New Jersey held primaries on Tuesday night.Many of the results from California will take a while to learn, given the state’s late poll-closing time and slow vote-counting.In the California governor’s race, Democratic former US Health and Human Services Secretary Xavier Becerra is in strong position to get one of the two slots in the November election given how votes counted after Election Day in California are typically more Democratic. The other slot is likely to go either Republican former Fox News host Steve Hilton or Democratic billionaire investor

World News

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Europe|Sports|World

Top-ranked Aryna Sabalenka 'just want to quit tennis' after French Open quarterfinal defeat

After letting another big lead slip with an error-strewn performance at the French Open, top-ranked Aryna Sabalenka felt like getting as far away from the courts as possible. “Just want to quit tennis right now,” Sabalenka said after wasting a lead of a set and two breaks in a 3-6, 7-5, 6-0 loss to Diana Shnaider in the quarterfinals on Wednesday. “We’ll see in few days. Hopefully I’ll get back on track mentally.” Sabalenka's wait for a first French Open title continues despite the four-time major winner leading 4-1 in the second set and being two poin
Top-ranked Aryna Sabalenka 'just want to quit tennis' after French Open quarterfinal defeat
Political|World

Trump confirms he called Netanyahu crazy in phone call

U.S. President Donald Trump acknowledged having called Israeli Prime Minister Benjamin Netanyahu crazy in an expletive-filled phone exchange over fighting in Lebanon, while the U.S. was trying to negotiate an end to hostilities with Iran.In an interview broadcast Wednesday, Trump was asked whether he had called the longtime Israeli leader "effing crazy" and accused him of ingratitude, paraphrasing a report by Axios."I did," Trump told the "Pod Force One" podcast. "I wouldn't say angry. I was a little bit perturbed at his constantly fighting with Lebanon, you know."Trump went on to say he and
Asia|Travel|World

This Japanese island is closer to Taipei than Tokyo. A new ferry makes it easier to visit

You can now fall asleep on a ferry in Taiwan and wake up in Japan. On the surface, the Yaima Maru offers a perfect slow-travel escape — a passenger ferry equipped with saunas, karaoke rooms and a top-deck cafe.Launched in Taiwan last month to the sound of drums and a traditional lion dance, the 21,000-ton civilian vessel connects the northern Taiwan port of Keelung with the island of Ishigaki, in southwestern Japan’s idyllic Okinawa prefecture.But as Beijing ramps up military pressure around Taiwan and Japan shores up its own southwestern defenses, the route has drawn scrutiny — not lea
This Japanese island is closer to Taipei than Tokyo. A new ferry makes it easier to visit
Business|Economy|Europe|Political|World

Ukrainian drones strike St. Petersburg, hours before ‘Putin’s Davos’ opens

Ukrainian drones rained down on St. Petersburg overnight, striking key infrastructure and wounding several people, just hours before Russian President Vladimir Putin’s signature economic forum drawing thousands of attendees opened in the city.Hundreds of drones hit several Russian cities, with Kyiv claiming to have struck a naval warship and other key assets in a major attack reaching as far as Moscow.Three districts of St. Petersburg were targeted in Ukrainian drone assault, according to its governor Aleksandr Beglov – shortly before the St. Petersburg International Economic Forum (SPIEF)

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Business|Economy|Environment|Health|Technology

Ford to recall nearly 420,000 US vehicles over seat-belt issue, NHTSA says

Ford to recall nearly 420,000 US vehicles over seat-belt issue, NHTSA says
Political

Supreme Court turns toward an explosive final month with Trump’s priorities at stake

Supreme Court turns toward an explosive final month with Trump’s priorities at stake

Business|Crime|Economy|Lifestyle|Technology

How a carjacking in Connecticut led back to a man known as the crypto ‘Godfather’ in California

A California man known as the crypto “Godfather” has admitted to playing a key role in a botched Connecticut kidnapping nearly two years ago

Arts|Education|Entertainment|Political|Sports

Mamdani repeals bedtime for New York City students during Knicks playoffs

Mamdani repeals bedtime for New York City students during Knicks playoffs
Economy|Education|Election|Environment|Political

Democrats don’t get why they’ve lost most working class voters

Class-war rhetoric from Democratic candidates jams working-class voters into a prefabricated progressive agenda, an expert on rural and working-class communities argues.

Business|Education|Political|Sports

Citing 'critical issues,' SEC, Big Ten withhold support for bipartisan college sports bill

The two biggest conferences in college sports say they do not support the current version of a bipartisan bill designed to regulate an industry struggling for answers in a quickly changing era in which some players make millions

Business|Crime|Finance|Political|Stock Markets

Former NY Rep. George Santos under investigation for alleged insider trading on Kalshi

Former NY Rep. George Santos under investigation for alleged insider trading on Kalshi
Business|Economy|Environment|Finance|Lifestyle|Travel

Sticker shock meets gridlock: LA motorists keep driving at any price

If you thought soaring pump prices since the onset of the Iran war might help clear the notoriously clogged highways of Los Angeles, think again.

Business|Economy|Environment|Health|Science

Flesh-eating screwworm detected 25 miles from US border in Mexico, USDA says

A parasitic fly that eats warm-blooded animals alive and could cause millions of dollars in economic damage was found in Mexico within 25 miles of the

Business|Economy|Environment|Science|Technology

Letting private companies use Cold War-era plutonium could set a dangerous precedent, senator says

Letting private companies use Cold War-era plutonium could set a dangerous precedent, senator says

California & Local

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Local

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls

From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools