Page 1234 - World News
US Senate passes bill to accelerate advanced nuclear energy deployment
A version of the bill had already passed in the House of Representatives and it will now go to President Joe Biden for a signature to become law. It passed the Senate 88-2 votes
 "US Senate passes bill to accelerate advanced nuclear energy deployment")
TikTok child privacy case referred to US Justice Dept over violations
The FTC was looking into the social media company over potential violations of federal law that protects children on the internet
 "TikTok child privacy case referred to US Justice Dept over violations")
Chipmaker firm Nvidia's 591,078% rally to most valuable stock came in waves
On Tuesday, that run culminated in Nvidia unseating Microsoft Corp. as the world's most valuable company with a market capitalisation of $3.34 trillion
 "Chipmaker firm Nvidia's 591,078% rally to most valuable stock came in waves")
Commercial properties become stranded across Europe poor energy performance
The development is playing out as the commercial market struggles to right itself after years of turbulence due to higher interest rates and volatile post-pandemic occupancy rates
 "Commercial properties become stranded across Europe poor energy performance")
California fines Amazon nearly $6 mn for illegal work quotas at warehouses
The company said Tuesday that it disagrees with the allegations and has appealed the citations
 "California fines Amazon nearly $6 mn for illegal work quotas at warehouses")
Biden's campaign raises $40 mn in 5 days including $8 mn with Clinton
The vast majority of the $40 million sum, confirmed by a Biden campaign official, comes from Saturday's glitzy, star-studded fundraiser with Biden and former President Barack Obama in Los Angeles
 "Biden's campaign raises $40 mn in 5 days including $8 mn with Clinton")
Boeing CEO Calhoun apologises to relatives of 737 Max crash victims
CEO David Calhoun appeared before the Senate investigations subcommittee, which is chaired by Senator Richard Blumenthal, D-Conn, a Boeing critic
 "Boeing CEO Calhoun apologises to relatives of 737 Max crash victims")
Netanyahu blames Biden for withholding weapons, slowing Israel's offensive
President Joe Biden has delayed delivering certain heavy bombs to Israel since May over concerns about the killing of civilians in Gaza
 "Netanyahu blames Biden for withholding weapons, slowing Israel's offensive")
US cotton industry seeks removal of 11% import duty on short staple cotton
In February, the government had removed the import duty of 10 per cent for cotton with a staple length above 32 millimeters (mm), also known as Extra Long Staple (ELS) cotton
 "US cotton industry seeks removal of 11% import duty on short staple cotton")
Half a million immigrants could get US citizenship under new Biden plan
The White House announced on Tuesday that the Biden administration will, in the coming months, allow certain spouses of US citizens without legal status to apply for permanent residency
 "Half a million immigrants could get US citizenship under new Biden plan")
Olympic Games: A billion-dollar business with political overtones
The International Olympic Committee is a not-for-profit, nongovernmental body based in Lausanne, Switzerland. It generates 91% of its income from selling broadcast rights (61%) and sponsorships (30%)
 "Olympic Games: A billion-dollar business with political overtones")
Boeing's CEO appears before Senate panel as new whistleblower emerges
Prosecutors have until July 7 to decide what to do next
 "Boeing's CEO appears before Senate panel as new whistleblower emerges")
Boeing mishandled, lost track of up to 400 bad 737 parts: Whistleblower
The claims were detailed in a June 11 complaint by Boeing inspector Sam Mohawk with the Occupational Safety and Health Administration and were made public by a US Senate subcommittee on Tuesday
 "Boeing mishandled, lost track of up to 400 bad 737 parts: Whistleblower")
Vladimir Putin visits North Korea for first time in 24 years; key details
Putin's visit to North Korea has angered US as South Korea called the Western nation to discuss potential implications
 "Vladimir Putin visits North Korea for first time in 24 years; key details")
Nvidia becomes world's most valuable company as AI rally steams ahead
Shares rose as much as 3.4% to about $3.3 trillion on Tuesday, catapulting it over Microsoft Corp. and Apple Inc
 "Nvidia becomes world's most valuable company as AI rally steams ahead")
Adidas investigates allegations of embezzlement, bribery in China
Adidas confirmed it had received an anonymous June 7 letter indicating potential compliance violations in China, the Wall Street Journal and Bloomberg reported
 "Adidas investigates allegations of embezzlement, bribery in China")
Apple kills off its buy now, pay later service barely a year after launch
Apple Pay Later launched with fanfare in March 2023 as a way for iPhone customers to split purchases of up to $1,000 into four equal payments with no fees or interest
 "Apple kills off its buy now, pay later service barely a year after launch")
Oil up after Fed comments, expected US crude stockpile drawdown: Report
Prices extended gains on Tuesday after the New York Federal Reserve President John Williams said interest rates will come down gradually over time
 "Oil up after Fed comments, expected US crude stockpile drawdown: Report")
NYC's court declines to hear Trump's appeal of gag order in hush money case
The Court of Appeals found that the order does not raise substantial constitutional issues that would warrant an immediate intervention
 "NYC's court declines to hear Trump's appeal of gag order in hush money case")
Retail sales up 0.1% in May from Apr as still high inflation curbs spending
Excluding gas prices and auto sales, retail sales rose the same amount
 "Retail sales up 0.1% in May from Apr as still high inflation curbs spending")