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Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline11:30 The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars. As U.S. Brands Stumble, China Wins Over Young Indonesians11:30 A new generation of Indonesian consumers view Chinese brands as high-tech and of good quality, a departure from the days when “made in China” was associated with cheap goods. Controversies and Production Issues Around ‘Michael,’ the Jackson Biopic, Explained11:30 Reshoots, reluctant studios and family holdouts: the production faced many issues. But now the box office is expected to be huge. Some Labubu Dolls Contain Cotton Banned By Forced Labor Law, Testing Shows11:30 A test verified by The New York Times found that clothes for some of the viral dolls contained cotton from the Xinjiang region of China, which is banned in the United States. Supreme Court Rejects Oil Company Argument in Fight Over Great Lakes Pipeline5:06 The justices sided with Michigan officials, who have raised environmental alarms and pushed to decommission an aging section of the pipeline. Tesla Profit Rises but Remains Below Earlier Highs22:08 The company is investing in robots and self-driving taxis that are not yet generating significant sales. Iran Again Tightens Its Grip on Shipping in the Strait of Hormuz22:08 Traffic in the strait has all but halted as Iran renews its attacks, striking two vessels on Wednesday. More than 300 ships linked to Iran have passed through the strait since the war began. Coinbase and Gemini Accused of Illegal Gambling in N.Y. Lawsuits21:05 Attorney General Letitia James said the cryptocurrency giants were illegally running gambling platforms in the state after they expanded into prediction markets, which are loosely regulated. Former Employee Sues MrBeast’s Company Over Harassment Claims20:33 The former employee of the YouTube star’s production company said in a federal lawsuit that she had experienced sexual harassment and pregnancy discrimination. Beast Industries denies all of the claims. U.S. Nears Loan to Rescue Spirit Airlines19:29 The Trump administration is negotiating a deal that would provide as much as $500 million to the struggling company, which is in its second bankruptcy in two years. Bessent Backs Financial Support for Oil-Rich U.A.E.18:25 The Treasury secretary said that currency swap line would benefit both the United Arab Emirates and the United States. Crypto Entrepreneur Justin Sun Sues Trump Family’s World Liberty Financial, Accusing It of Fraud17:53 Justin Sun, one of the largest backers of World Liberty Financial, sued the Trump family’s crypto start-up, accusing it of a fraudulent scheme to pressure him into buying digital coins. Anthropic’s New Mythos A.I. Model Sets Off Global Alarms16:48 Mythos has triggered emergency responses from central banks and intelligence agencies globally, as Anthropic decides who has access to the powerful model. |
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