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Donald Trump, President of the United States, speaks during a press conference at the NATO Summit at the Presidential Complex in Ankara, Turkiye, on July 8, 2026. (Photo by Klaudia Radecka/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesPresident Donald Trump’s proposed 20% levy on ships passing through the Strait of Hormuz could backfire and further reduce dwindling traffic on the vital waterway, shipping executives have warned. The temporary ceasefire deal the U.S. and Iran signed in mid-June appears increasingly fractured after the adversaries exchanged hostilities for a third consecutive day on Tuesday. The deal explicitly prohibited Tehran from imposing any…
Beyond that, NASA and private space station companies may need to look to an emerging company across the pond. A new contender emerges Last week, a Europe-based firm, The Exploration Company, hosted an office-opening celebration in Webster, Texas. At the facility, located just a couple of miles from Johnson Space Center, founder Hélène Huby said her company was considering making Houston the base of its operations to develop a crewed spacecraft. The Exploration Company has already won funding from the European Space Agency to develop a cargo vehicle, called Nyx, to carry supplies to the International Space Station. An initial…
Sen. Elizabeth Warren, D-Mass., talks to reporters outside the Senate chamber on March 21, 2026 in Washington, DC.Tasos Katopodis | Getty ImagesBusiness is declaring war on a provision tucked into a must-pass defense bill that would restrict Pentagon contractors from executing stock buybacks and paying dividends unless they have the Defense Department’s approval, and asking Congress to kill the provision before it reaches the president’s desk. The U.S. Chamber of Commerce, along with 40 other business groups, sent a letter Tuesday to Senate leaders urging them to strip the measure from the bill — an annual defense policy package called…
Founder and president of ‘Le Slip Francais’ underwear brand, Guillaume Gibault poses in the Bonne Nouvelle textile factory in Aubervilliers, surburb of Paris, on February 12, 2025. Thomas Samson | Afp | Getty ImagesFrench underwear brand Le Slip Français made its stock market debut in Paris on Tuesday, betting that consumers will pay for locally made clothing amid competition from ultra-cheap Chinese fast-fashion giants like Shein and Temu. The apparel company, founded in 2011 by entrepreneur Guillaume Gibault to promote textiles made in France, has since expanded beyond men’s underwear to include women’s undergarments, T-shirts, socks, swimwear, and other clothing.…
Wall Street’s longest running saga: The race to succeed JPMorgan CEO Jamie DimonCo-CEOs of Commercial & Investment Bank at JPMorganChase, Troy Rohrbaugh and Douglas Petno.Courtesy: JPMorganChaseThis will be the first chance that analysts have to directly ask JPMorgan CEO Jamie Dimon questions about succession planning after the sudden exit of Marianne Lake, who had been considered a top candidate.As CNBC and others reported last month, Dimon expects to remain CEO for roughly three more years, though that timeline could change, according to two people with knowledge of his thinking. After that, he’ll spend some time as chairman.Since Dimon has spent…
Why is AP Moeller – Maersk stock climbing today? Source link
“The film needed Tom,” Iñárritu said via video at a Warner Bros. screening last week. “We wanted to work together since the beginning of the century. I admired him as an actor for years, and that wasn’t a surprise for me. The surprise was discovering that the human being behind the actor was just as extraordinary as the performances I will see throughout his career. The transformation he went through was astonishing.” If the film turns out to be as good as this trailer, Cruise (and Iñárritu) might be looking at another Oscar nomination. John Goodman co-stars as a geriatric…
Humanoid robot startup LimX Dynamics shows off its products at its Shenzhen, China, office on July 3, 2026.Evelyn Cheng | CNBCBEIJING — Humanoid startup LimX Dynamics is getting ready to go public, just over four years after it was founded during the pandemic.”Listing is a must,” said founder Will Zhang, emphasizing the importance of timing. He was speaking to reporters ahead of the company’s announcement Tuesday that it had raised $200 million in a pre-IPO round. Zhang compared the situation to Chinese electric car startups Nio, Xpeng and Li Auto, which successively listed in the U.S. from 2018 to 2020.…
IQE shares climb on $14 million AI order Source link
