Sports, Entertainment, & Culture
> Argentina edges Colombia 1-0 in extra time to win a record 16th Copa América championship (More) | Twenty-seven arrested amid security breach at main entry gate, which caused a delayed start to the Copa América (More)
> Disney investigating hacking after a trove of internal communications data was leaked by a hacktivist artists' rights group (More)
> The American League takes on the National League in tonight's (8 pm ET, Fox) 94th MLB All-Star game (More) | MLB Draft continues today; see complete draft tracker (More)
Science & Technology
> AT&T reportedly pays $300K ransom to hacker group to delete stolen data following the company's second major breach in three months (More)
> Researchers pinpoint gene capable of slowing the aggressive spread of pancreatic cancer; gene produces the molecule HNF4A, and gets "switched off" in early stages of the disease (More)
> Gulf War Illness explained in new study; mysterious illness, affecting up to one-third of veterans from the 1990-91 Gulf War, likely caused by intestinal exposure to biological and chemical agents (More)
Business & Markets
> US stock markets close higher (S&P 500 +0.3%, Dow +0.5%, Nasdaq +0.4%), with Dow closing at a record high; Federal Reserve Chair Jerome Powell signals the Fed won't wait until annual inflation hits 2% before cutting interest rates (More)
> Amazon kicks off Prime Day 48-hour sale today; this year's Prime Day expected to set record in US online spending, with an estimated $14B in total sales (More)
> Macy's ends buyout talks to go private for $6.9B with activist investors Arkhouse Management and Brigade Capital Management; Macy's shares close down 12% (More)
Politics & World Affairs
> Gambian lawmakers uphold ban on female genital mutilation, reversing course months after an initial vote; despite the ban, the practice remains widespread in Gambia, with more than 70% of girls and women undergoing the procedure (More) | What is FGM? (More)
> Moscow court convicts US journalist Masha Gessen in absentia for violating Russia's law criminalizing criticism of Russian war in Ukraine (More) | See latest updates on the war (More)
> Rwandan President Paul Kagame expected to extend his 30-year rule after defeating two candidates permitted to run against him in yesterday's election (More)
SOURCE: 1440 NEWS
Sports, Entertainment, & Culture
> Spain tops England 2-1 to win record fourth UEFA European Championship (More) | Copa América final delayed over an hour as fans break through entry gates (More) | Cleveland Guardians take Oregon State's Travis Bazzana with top pick in 2024 MLB Draft (More)
> Richard Simmons, iconic TV fitness guru, dies at age 76 (More) | Shannen Doherty, actress best known for "Beverly Hills, 90210," dies at age 53 of breast cancer (More) | Dr. Ruth Westheimer, pioneering sex therapist, dies at age 96 (More)
> Carlos Alcaraz tops Novak Djokovic to win back-to-back Wimbledon titles (More) | ... and Barbora Krejcikova edges Jasmine Paolini to win her second career Grand Slam singles championship (More)
Science & Technology
> OpenAI reportedly working on AI model capable of advanced reasoning; project, codenamed "Strawberry," would navigate the internet on its own and perform deep research (More) | The short history and rapid rise of OpenAI (More, w/video)
> Oldest-known relative of modern spiders identified in nearly 500-million-year-old fossil; the specimen lived in what is now the South Pole, family includes scorpions and horseshoe crabs (More)
> 3D imaging reveals the last meal of a crocodile mummified by ancient Egyptians; researchers believe the animal was deliberately caught by fishermen for a ritual (More) | Ancient Egypt 101 (More, w/video)
Business & Markets
> US stock markets close higher Friday (S&P 500 +0.6%, Dow +0.6%, Nasdaq +0.6%) with gains partially driven by Caterpillar and Home Depot (More)
> Alphabet is reportedly in final talks to acquire cybersecurity startup Wiz for $23B; acquisition would mark the largest purchase ever for Google's parent company (More)
> Cost of First-Class postage stamps rise by 5 cents, tied for highest-ever jump as US Postal Service navigates reduced volume and a projected net loss of $6.3B this fiscal year (More)
Politics & World Affairs
> President Joe Biden cancels planned trip to Texas following assassination attempt on former President Donald Trump; live interview with NBC News' Lester Holt reportedly still on track to air tonight at 9 pm ET (More) | See Biden's address following the assassination attempt (More, w/video)
> UN-mediated cease-fire talks underway for Sudanese Armed Forces and paramilitary Rapid Support Forces to end 15-month war that has left over 19,000 people dead and over 33,000 wounded, per UN figures (More)
> North Korea threatens to resume campaign of sending trash-filled balloons to South Korea as sister of North Korean leader Kim Jong Un accuses South Korea of continuing to send leaflets into the country (More)
SOURCE: 1440 NEWS
Sports, Entertainment, & Culture
> LeBron James signs two-year, $104M deal to remain with Los Angeles Lakers; James' son Bronny was selected by the Lakers at last week's NBA Draft (More)
> Robert Towne, Oscar-winning screenwriter best known for "Chinatown" and "Mission: Impossible," dies at 89 (More)
> Shohei Ohtani, Aaron Judge, and Bryce Harper headline list of starters for 2024 MLB All-Star Game (July 16) (More) | British cyclist Mark Cavendish breaks Tour de France record with 35 career stage wins (More)
Science & Technology
> Three new species of plants related to cacao trees discovered in South American rainforests; scientists say finding sheds light on the species' biodiversity, may lead to climate-resilient chocolate (More)
> Mysterious Denisovan population—ancient human relatives whose remains have only been found in a few locations—subsisted by hunting animals on the Tibetan plateau (More) | Who were the Denisovans? (More)
> Researchers create most detailed map to date of the brain cells associated with language processing, identifying neurons that encode the meaning of individual words (More)
Business & Markets
> US markets end Wednesday mixed (S&P 500 +0.5%, Dow -0.1%, Nasdaq +0.9%), with the S&P 500 and Nasdaq hitting new highs (More) | Monthly jobs report to be released today; 200,000 jobs expected to have been added in June (More)
> Saks Fifth Avenue parent company to acquire luxury retailer Neiman Marcus in nearly $2.7B deal (More)
> European Union raises tariffs on Chinese-made electric vehicles, citing unfair subsidies by China; additional duties range from around 18% to almost 38% depending on manufacturer (More)
Politics & World Affairs
> Israel reportedly approves largest land expansion in the West Bank in three decades; move opens roughly 5 square miles for Israeli settlements in the territory (More) | The West Bank explained (More)
> Hurricane Beryl to pass over Mexico's Yucatan Peninsula today, on track to reach southern Texas early next week; hurricane left at least two people dead in Jamaica (More) | See trajectory (More)
> Runoff elections in Iran to be held today to replace former President Ebrahim Raisi, who died in a May helicopter crash; reformist Dr. Masoud Pezeshkian faces hard-liner Saeed Jalili (More)
SOURCE: 1440 News
Iranians vote in snap presidential elections.
As of this writing, hard-liner Saeed Jalili is in the lead, followed by reformist Masoud Pezeshkian. Both candidates are still short of the votes needed to avoid a potential July 5 runoff election. A candidate must secure more than 50% of the votes to win. A total of four candidates are vying for the presidency following former President Ebrahim Raisi's fatal helicopter crash.
Iowa Supreme Court rules in favor of six-week abortion ban.
The court's 4-3 ruling dismissed a challenge to a new Iowa law that bans most abortions after six weeks of pregnancy and directed a lower court to dissolve a temporary injunction as court proceedings continue. Before the latest law, Iowa had banned abortions after 20 weeks of pregnancy. The six-week ban will take effect in three weeks. See an overview of state abortion laws here.
Bolivia detains four more military officers tied to failed coup.
The number of people arrested in connection with Wednesday's failed attempt to overthrow the government of President Luis Arce has risen to 21. Those arrested include the Bolivian army's commanding general, Juan José Zúñiga, who allegedly led the coup attempt. Zúñiga claims he was following a scheme hatched by Arce to boost his popularity; Arce has denied the accusations.
Nike shares fall 20% after weaker full-year forecast.
The drop in Nike's shares is the largest daily decline on record and erased roughly $28B in market value. The drop comes after the footwear company announced it expects sales to fall 10% in the current quarter amid softer sales in China. Analysts had forecast a 3.2% drop in quarterly sales. Nike also expects fiscal 2025 sales to drop, a reversal from its previous growth forecast.
Key US inflation measure rises as expected in May.
The core personal consumption expenditures price index, which measures costs consumers pay across a wide swath of items, excluding food and energy, rose 2.6% year-over-year and 0.1% month-over-month. Both figures are in line with analyst estimates, while the annual rate is the lowest reading since March 2021. The index is the Federal Reserve's preferred inflation gauge.
FDA says new study shows milk pasteurization kills bird flu.
The Food and Drug Administration said a widely used treatment that heats milk for at least 15 seconds at 161 degrees Fahrenheit kills the bird flu virus in cow’s milk. The virus, known as the H5N1 avian influenza, was first detected in cows in March, though the FDA has said the risk to the public remains low. See the findings here.
SOURCE: 1440 News
Sports, Entertainment, & Culture
> The Atlanta Hawks take France’s Zaccharie Risacher with the top pick of the 2024 NBA Draft; Round 2 kicks off this afternoon (4 pm ET, ESPN) (More) | Team USA women's soccer 18-player roster announced for Paris Olympics (More)
> Investigation into "Friends" actor Matthew Perry's death reportedly could result in charges against multiple people involved in supplying Perry with ketamine (More)
> UEFA European Championship Round of 16 set; see latest bracket and schedule (More) | ... and Copa América group stage continues; see latest standings (More)
Science & Technology
In partnership with Eli Electric
> Daily multivitamin use shows no association with lower risk of death, including from cancer or heart disease, new research finds; study tracked almost 400,000 participants over 20 years (More)
> World's first usable titanium-sapphire laser on a microchip demonstrated; prototype is 10,000 times smaller and 1,000 times cheaper than commercial versions of the powerful research-grade laser (More)
> Scientists capture early moments of butterfly metamorphosis at the microscopic level, shedding light on how the insect's unique scale architecture forms on its wings (More)
Business & Markets
> US stock markets close higher (S&P 500 +0.2%, Dow +0.04%, Nasdaq +0.5%); Nasdaq set for nearly 19% gain in first half of year, led by Nvidia and AI boom (More) | Amazon tops $2T market cap for first time as shares hit all-time high (More)
> Federal judge to likely reject $30B settlement between payment processors Visa, Mastercard, and merchants who say they have overpaid in credit card processing fees—which are often passed down to consumers (More)
> Japanese yen falls to weakest level against the US dollar since 1986; the yen has so far fallen 12% against the dollar this year, with analysts citing the gap between Japanese and foreign interest rates as a reason for the drop (More)
Politics & World Affairs
> US Supreme Court rejects lower court ruling restricting the Biden administration from contacting social media companies to remove misinformation (More) | The court is also planning to allow Idaho doctors to perform abortions in medical emergencies, per opinion accidentally published early (More)
> Bolivian general Juan José Zúñiga arrested after a failed coup attempt at the presidential palace; Zúñiga claims he was acting at the behest of the president (More) | Kenyan President William Ruto backs down on plans for tax hike following violent protests earlier this week and police crackdown (More)
> Centrist George Latimer defeats Rep. Jamaal Bowman (D, NY-16) in most expensive primary race in US history; total spend was $24.8M, almost $15M from pro-Israel lobbying group AIPAC (More)
SOURCE: 1440 News
