House GOP mega-bill stalls in committee.
A sweeping tax and domestic policy bill favored by President Donald Trump failed to pass the House Budget Committee after five Republicans voted against the measure. Known as the "Big Beautiful Bill," the package has been criticized by fiscal hawks as too costly and by moderates for its cuts to Medicaid. It is expected to be reconsidered next week.
Two of the largest US cable companies to merge.
Charter Communications and Cox Communications—the first- and eighth-largest cable providers in the US by subscribers—announced a merger in a deal consisting of $21.9B in equity and $12.6B in debt.
New York Knicks advance to conference finals.
The Knicks dominated the Boston Celtics, 119-81, to advance to their first Eastern Conference Finals in 25 years. New York had four starters score more than 20 points, while guard Josh Hart turned in a triple-double. They'll face the Indiana Pacers Wednesday (8 pm ET, TNT).
Pharma giant Novo Nordisk ousts CEO.
The Danish firm, maker of GLP-1 drugs Ozempic and Wegovy, has lost ground to competitor Eli Lilly in the antiobesity market over the past two years. Shares of the company have fallen more than 50% since mid-2024 amid increased competition.
Israeli strikes across Gaza kill at least 93 people.
The Israeli military said an estimated 150 militant targets were struck across the territory, while Gazan officials said hundreds of additional people were wounded. The strikes come as President Donald Trump wraps up a Middle East trip that did not include a stop in Israel. See updates on the war here.
Salman Rushdie attacker sentenced to 25 years in prison.
Hadi Matar, 27, stabbed and blinded the famous author in his right eye during a public lecture in Chautauqua, New York, in 2022. Rushdie has lived under a call for his assassination issued by Iran's Ayatollah Khomeini over his 1988 novel "The Satanic Verses" for three decades.
SOURCE: 1440 NEWS
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