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U.N. maritime agency pauses plan to evacuate ships through the Strait of Hormuz after vessel attacked17:47 U.N. maritime agency pauses plan to evacuate ships through the Strait of Hormuz after vessel attacked JPMorgan Chase promotes Petno, Rohrbaugh to copresidents, setting up two more successors for Dimon17:47 JPMorgan Chase promotes Doug Petno and Troy Rohrbaugh to copresidents, positioning them as potential successors to the bank's longtime CEO Jamie Dimon JPMorgan Chase plans to expand Community Center program, doubling branches in low-income areas17:47 JPMorgan Chase plans to double its "Community Center" branches that focus on low-income neighborhoods Key inflation gauge jumps to 3-year high in latest sign of affordability challenges17:47 The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Trump as midterm elections near As temperatures soar, Paris court set to rule on landmark climate change case17:47 A court in Paris is set to rule on a landmark climate change case that could see energy giant TotalEnergies forced to reduce its oil and gas production, a day after France hit record high temperatures Oil tanker navigates Strait of Hormuz despite threats from Iran's Revolutionary Guard16:03 A series of oil tankers has navigated the Strait of Hormuz, using a new route close to Oman's shores that has been promoted by the Arab country and a U.N. maritime agency Comcast plans to split into two public companies by spinning of NBCUniversal and Sky13:11 Comcast is planning to split itself into two separate publicly traded companies by spinning off NBCUniversal and Sky Iran attacks Bahrain and Kuwait following US strikes and threatens to halt talks8:43 Iran has again launched drone and missile attacks on Bahrain and Kuwait in response to new U.S. airstrikes Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the lead8:10 In the race between the U.S. and China to develop artificial intelligence, the battle over hardware and computing power is heating up as Chinese companies like Huawei overtake global industry leaders like Nvidia in their home market Australia to double potential fines for Facebook and Instagram5:28 Australia plans to double potential fines for social media platforms, including Facebook and Instagram, who fail to prevent Australian children from holding accounts |