Author: franperez66q@protonmail.com

Florida’s anti-woke law restricting how professors can teach about race and gender at public colleges and universities violates the First Amendment, a divided federal appeals court ruled Tuesday. It’s a major blow to one of Republican Gov. Ron DeSantis’ signature culture war policies.The 2-1 decision from the U.S. Court of Appeals for the 11th Circuit keeps Florida from enforcing the higher-education provisions of the so-called Stop WOKE Act, a 2022 law DeSantis championed as part of his broader campaign against critical race theory, diversity programs and what he called “woke” ideology in schools and workplaces.Judge Britt Grant, an appointee of…

Meta says US states are seeking $1.4 trillion in penalties in August youth safety trial Source link

Investors dumped semiconductor stocks on Tuesday after results from Samsung Electronics failed to meet Wall Street’s lofty artificial intelligence demand expectations. Shares dropped 8% even after the South Korean electronics company’s quarterly profit surpassed both Nvidia and Apple, and the company said it expects operating profit to jump 1,800%.The results are the latest sign on Wall Street that sometimes beating results isn’t enough to please investors in the AI revolution. Previously, this market phenomenon has contributed to post-earnings declines for Nvidia and major cybersecurity stocks such as CrowdStrike and Palo Alto Networks.Korea-listed shares of South Korea’s Kospi fell about 5%…

Election workers count Fulton County ballots at State Farm Arena on November 4, 2020 in Atlanta, Georgia.Jessica McGowan | Getty ImagesA federal judge in Georgia on Tuesday blocked a Department of Justice subpoena seeking the names of election workers in Fulton County from the 2020 election.President Donald Trump has falsely claimed for years that he actually won Georgia’s 2020 presidential election and has focused his allegations of ballot fraud on the count conducted in Fulton County, whose biggest city is Atlanta. “The Subpoena requests disclosure of personal identifying information of thousands of employees and volunteers who participated in activities related…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK Chancellor Rachel Reeves has called for two rival international defence financing schemes to merge, arguing that it makes sense for countries to only fund one institution. Britain joined the Netherlands and Finland to launch a new lender called the multilateral defence mechanism (MDM), which Poland signed up to this week. The quartet said on Monday that they were making “significant progress” on the project. A rival initiative to set up a global defence bank formally launched on Tuesday at the Nato summit in…

Commercial vessels and oil tankers preparing to transit through the Strait of Hormuz, one of the most critical strategic waterways for global trade flows, maintain their wait in the Gulf of Oman, on June 17, 2026.Shady Alassar | Anadolu | Getty ImagesThe U.S. Treasury Department on Tuesday revoked its authorization of Iranian oil sales after a series of attacks on tankers in the Strait of Hormuz this week.”Iran will only reap benefits if they exhibit good behavior,” a U.S. official told CNBC. “Iran’s actions in the Strait were wholly unacceptable to the United States and will be met with consequences.”The…

Fitch assigns Amazon stock ’AA-’ rating on new debt issuance Source link

Google has announced its next Made By Google event, taking place on August 12 in New York City. Google’s invite doesn’t name names, but the imagery clearly shows a new Pixel phone that looks a whole lot like last year’s phone. Some new rumors, however, suggest the updated phones will come with inflated price tags courtesy of the AI-driven component shortage. The sleek lines of the phone in the teaser image are a dead ringer for Google’s last few Pixel phones, and that matches some early rumors. Google’s new phones will have similar shapes, with the Pro and Pro Fold…

Nigel Farage has resigned as MP for Clacton, triggering a by-election he says he will stand in.It comes amid a row over his financial support, after the Sunday Times reported he had not declared benefits and questions were raised about a £5m gift.In a statement, Farage insisted he had “done nothing wrong”.Farage’s constituents have mixed views about the politician and shared their opinions with the BBC.Read more about what Farage said in his resignation speech. Source link

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. There’s a big bifurcation in the market on Tuesday. While the S & P 500 is only slightly lower in the session, the tech-heavy Nasdaq 100 dropped more than 1% due to another selloff in the AI chip leaders and data center infrastructure build out stocks. Four trading sessions into July and the third quarter, the market already looks very different from the spring. The Philadelphia Stock Exchange Semiconductor Index (SOX)…