Asia Stocks Up; New Zealand Currency Climbs
Meanwhile, New Zealand’s currency soared after the nation’s central bank kept interest rates steady — even as some had bet on a cut.
Russia Unveils Passenger Plane It Says Will Rival Boeing, Airbus
Squeezed by Western sanctions over its role in Ukraine, the Russian government is trying to rejuvenate domestic industrial production.
Gunmen Kill Four In Tel Aviv; Suspects Held
Security footage showed the suspects, posing as customers at a restaurant, suddenly pulling out automatic weapons and opening fire.
Daimler And Uber, Now Almost Equal In Value, Swipe At Each Other, Gently
The German automaker’s chief says his company is unlikely to buy a stake in the ride-hailing firm, and Uber’s head says that is fine by him.
Royal Bank Of Canada Eyes Silicon Valley Talent For ‘Fintech’ Hub
Royal Bank of Canada has launched a financial technology “innovation lab” in Silicon Valley, after opening similar facilities in other areas.
Sen. Elizabeth Warren To Endorse Hillary Clinton, Sources Say
Advisers to the U.S. senator from Massachusetts have had frequent conversations with Clinton’s campaign team in recent weeks, sources told Reuters.
Stanford Sexual Assault: California Judge Faces Backlash After Brock Turner Sentence
U.S. Sen. Barbara Boxer became the latest critic to denounce Judge Aaron Persky’s six-month sentence for college athlete Brock Turner.
Dow Jones Industrial Average Finishes Above 18,000 For The First Time Since April As US Dollar Weakens
The index surpassed that level Wednesday for the first time since April, as declines in the U.S. dollar boosted the outlook for multinationals.
Top Auto Regulator: Nimble Rules Needed For Self-Driving Cars
U.S. Department of Transportation guidelines expected in July will offer different approaches to oversight of technologies for autonomous vehicles, an official says.
Services Data Suggest Upward Revision To First-Quarter GDP
According to JPMorgan, the new data suggested first-quarter consumer spending could be raised as much as two-tenths of a percentage point.
US Navy Boosts Presence In Mediterranean Ahead Of NATO Summit
The move, ahead of a NATO summit, coincides with NATO military exercises across Eastern Europe and Turkey that may irritate Russia.
Saudi Arabia Aims For Social Overhaul In Reform Plan
Proposals in the “Vision 2030” reforms address reducing Riyadh’s dependence on oil revenue and boosting the private sector.
Frustrated In China, US Industry Hopes For Post-Election Reset To Annual Talks
Foreign businesses operating in China are growing increasingly pessimistic, in part because of growing fears of protectionism.
UK Watchdog Asks For Extension To EU Referendum Registration Deadline
A key website crashed shortly before the June 7 deadline as more than a million potential voters applied to register online, half on the final day.
Global Violence Worsens, Driven By Middle East Conflicts: Peace Index
The 2016 Global Peace Index showed that the world has become increasingly violent, with deaths from conflict at a 25-year high and terrorist attacks at an all-time high.
Russia Deploys Troops Westward As Standoff With NATO Deepens
Meanwhile, the NATO Western military alliance is staging major exercises and increasing deployments on its eastern flank.
North Korea Restarts Plutonium Production For Nuclear Bombs, US Official Says
A U.S. assessment came a day after the U.N. nuclear watchdog said it had “indications” Pyongyang has reactivated a plutonium plant.
US Warns Banks Of Cyberthreats After $81M Bangladesh Heist
Warnings from U.S. regulators and law enforcement suggest concern that recent attacks on banks in emerging markets could lead to losses for big U.S. companies.
Digital Surveillance Law Advances In Britain
The House of Commons voted 444-69 in favor of the Investigatory Powers Bill, which now goes to the House of Lords.
District Of Columbia Approves $15/Hour Minimum Wage
A final vote on raising the wage by 2020 will come this month, and Democratic Mayor Muriel Bowser has voiced support for the bill.
Republican’s Plan To Weaken Dodd-Frank Spotlights US Political Divide
The chairman of the House Financial Services Committee has laid out his ideas on weakening the 2010 Wall Street reform law.
Fallujah Refugees Say Islamic State Uses Food To Enlist Fighters
The ultra-hardline Sunni fighters have kept a close guard on food storage in the besieged city near Baghdad that they captured in January 2014.
GM CEO Says Keep Steering Wheels, Brakes In Self-Driving Cars
While Mary Barra supports keeping steering wheels and brakes in autonomous vehicles, Google has proposed doing away with steering wheels.
Ralph Lauren Corp. (RL) Slashing Jobs, Closing Stores In Sweeping Cost-Cutting Plan To Revive Luxury Fashion Brand
The struggling luxury brand’s cutbacks — 50 stores will close and about 1,000 jobs will be lost — are part of a plan to lower costs and revive sales growth.
Jamie Lee Curtis Turns Orc And Talks Clinton [VIDEO]
The actress outshone the rest of the cast and crew at the premiere of the computer game adapation “Warcraft” with her rather unusual outfit.
India’s Sensex Rises After RBI Keeps Rates Steady
While the bank said it would remain “accommodative,” Indian shares rose more than 1 percent after the announcement Tuesday.
China Tells US To Play Constructive South China Sea Role
After high-level Sino-U.S. talks in Beijing, China's top diplomat defended the country's right to protect its territorial sovereignty.
Samsung SDI Making Progress In Talks With Tesla To Supply Batteries: Source
Tesla, which currently procures its batteries from Japan’s Panasonic Corp, is likely to add Samsung SDI as a supplier should sales exceed expectations, a source told Reuters.
Mexican Security Forces Committed Crimes Against Humanity: Report
A series of shootings of suspected drug cartel members by security forces, with unusually high and one-sided casualty rates, have tarnished Mexico's human rights record.
Tropical Storm Colin Gains Speed, Barrels Toward Florida
The combination of the storm surge and high tides threatened flooding in coastal areas across the U.S. Southeast.