Author: Admin
Washington — A pair of Illinois-based companies that sell educational toys and products asked the Supreme Court on Tuesday to swiftly take up their challenge to President Trump’s sweeping tariffs, arguing that the “massive impact” on businesses and consumers warrants its immediate intervention.The companies, Learning Resources and hand2mind, urged the justices to decide whether a federal emergency powers law, the International Emergency Economic Powers Act, gives the president the power to impose tariffs. They are asking the Supreme Court to take up their court fight before the U.S. Court of Appeals for the District of Columbia Circuit weighs in and…
[HONG KONG] Oil prices rallied on Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.Hopes that the deadly conflict can be contained helped most equities rise, while the US president’s earlier claim that the Islamic republic wanted to make a nuclear deal also provided a little optimism.After Friday’s surge sparked by Israel’s attacks on its regional foe, crude ticked more than one per cent lower Monday as traders bet that the battle would not spread throughout the Middle East and key oil sites…
WASHINGTON: US President Donald Trump said on Tuesday (Jun 17) he would likely extend a deadline for China-based ByteDance to divest the US assets of short video app TikTok. The president said in May he would extend the June 19 deadline after the app helped him with young voters in the 2024 election. His comments to reporters on Air Force One on Tuesday reiterated that sentiment. “Probably, yeah,” Trump said when asked about extending the deadline. “Probably have to get China approval but I think we’ll get it. I think President Xi will ultimately approve it.” Trump has already twice…
MPs have voted to decriminalise abortion in England and Wales so that women cannot be prosecuted for terminating their pregnancy at any stage. The amendment to the Crime and Policing Bill passed by 379 yes votes to 137 no votes, making it the biggest shakeup to reproductive rights in almost 60 years. Labour MP Tonia Antoniazzi, who tabled the so-called “New Clause One” (NC1), said it would remove women from the criminal justice system in relation to their own pregnancies, ensuring they could not face investigation, arrest, prosecution, or imprisonment.She said the current “Victorian” laws had been used against vulnerable…
WASHINGTON — U.S. regulators will begin offering faster reviews to new medicines that administration officials deem as promoting “the health interests of Americans,” under a new initiative announced Tuesday.Food and Drug Administration Commissioner Marty Makary said the agency will aim to review select drugs in one to two months. FDA’s long-standing accelerated approval program generally issues decisions in six months for drugs that treat life-threatening diseases. Regular drug reviews take about 10 months.Since arriving at the FDA in April, Makary has repeatedly told FDA staff they need to “challenge assumptions” and rethink procedures. In a medical journal commentary published last…
Ric Bucher reacts to the Oklahoma City Thunder’s Game 5 win over the Indiana Pacers.
President Trump’s flurry of recent presidential pardons has cost crime victims and taxpayers approximately $1.3 billion in restitution and payments, according to a review by House Judiciary Democrats.The pardons absolved hundreds of convicted criminals from having to pay for damages and restitution caused by their crimes. Victims have not been made whole, the Democrats said — including U.S. taxpayers who must now foot the bill for the millions of dollars in repairs and cleanup from the Jan. 6, 2021, assault on the Capitol.The Judiciary Committee Democrats’ investigation, led by Rep. Jamie Raskin, a Maryland Democrat, also cited several multi-million dollar…
The head of Britain’s biggest energy supplier has claimed his competitors oppose proposals for so-called postcode pricing because they financially benefit from the current system.Octopus Energy chief executive Greg Jackson told Sky News his business’s rivals were against customers being charged based on where they lived, rather than on a national basis, because they would lose out on profits. He said: “A very small number of companies that today get paid tens of millions, sometimes in a single day, to turn off wind farms and generate gas elsewhere, don’t like it.”The reason you’re seeing that kind of behaviour from the…
Bob Pockrass FOX Motorsports Insider The drivers who finished second and third at Autodromo Hermanos Rodriguez moved up in these power rankings.The winner? Well, that was Shane van Gisbergen but he will need to put a few solid finishes together before he cracks this list. Winner Shane van Gisbergen ahead of the NASCAR Cup Series race in Mexico City Christopher Bell (second) and Chase Elliott (third) should feel good about their performances heading into this weekend at Pocono.Here are the power rankings following the Cup debut in Mexico City: van Gisbergen takes the center of the podium in Mexico after…
Rollout of generative AI and agents will reduce Amazon’s total corporate workforce in the next few years, Andy Jassy, CEO of the online retailer said in a note to employees on Tuesday.Artificial intelligence is reshaping the global workforce by automating routine and repetitive tasks, and industry leaders expect this to prompt a reduction or transformation of certain roles across industries.Despite uncertainties, many experts agree that AI will not lead to mass unemployment, but rather to a reshuffling of the workforce.”As we roll out more Generative AI and agents, it should change the way our work is done. We will need…