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Will Oil Prices Soar as the U.S.-Iran Truce Frays? The Answer Lies With China.16:18 For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices. Strait of Hormuz Ship Traffic Falls to Lowest Point in a Month After Strikes15:42 Shipping activity plummeted after Iran attacked a ship, setting off U.S. strikes. Little crude oil is being transported through the critical waterway. Wall Street’s Big Week for Earnings and Economic Data14:34 Earnings season kicks off in earnest on Tuesday with big banks up first. Corporate America faces a high bar to beat investor expectations. Economists Warn of A.I. Threat13:25 Nearly 200 economists signed a letter calling for policymakers to do more to understand and respond to potential A.I. disruptions. Europe Takes Step Toward Possible Social Media Ban for Children11:42 After the release of a new report, the European Commission is considering changing the rules across the 27-nation bloc. How Wealthy People Are Getting to World Cup Games11:08 The skies above the Hamptons are packed with choppers headed to games, as “inequality is taking it right in the face.” 5 New Roller Coasters to Make You Scream This Summer11:08 Let the adrenaline flow on coasters that will shoot you high in the air, spin you around and turn you upside down. You’ll definitely want a second ride. U.A.W. President Says He’s the Victim of ‘Bogus Allegations’5:07 A grand jury is investigating whether Shawn Fain used his position to seek favors for his fiancée and retaliated against the union official who denied them. States Prepare Lawsuit to Block Paramount’s Merger With Warner Bros.22:36 State attorneys general are said to be getting ready to file a lawsuit as soon as this week to halt the $111 billion deal, a potential major obstacle. ‘Moana’ Falters at the Box Office, Casting Doubt on Disney’s Formula19:52 The live-action remake took in roughly $43 million over the weekend in North America, about 30 percent less than Disney had expected. ‘Michael’ Crosses $1 Billion at the Box Office as Lionsgate Roars Back12.července Shunned by bigger studios as too risky, “Michael” and other hits have revived Hollywood’s last major independent studio. But is it enough? Big-Box Retailers Have a New Strategy for Breaking Into Urban Markets12.července As more states and municipalities continue their push to build affordable housing, companies like Costco and Target are riding along and getting their stores into crowded cities. How Putin Turned Japan Into a Den of Spies12.července Operating out of a Tokyo high-rise, a military intelligence unit finds the high-tech equipment that Russia needs to wage war. Inside the Secret Factory That Supplies Ukraine’s War Drones11.července With its mass-produced and inexpensive A.I. powered war machines, the German start-up Helsing SE illustrates a profound shift in military spending. |
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