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Commerzbank says UniCredit tender acceptances reach 7.85% in bid battle

Commerzbank said on Friday that shares equivalent to 7.85% of its capital have so far been tendered under UniCredit's €40 billion takeover bid, as the two banks spar over the data's significance in their battle to win over investors.UniCredit said on June 2 that take-up of its voluntary exchange offer had reached 7.6%. Combined with the stock it already holds, UniCredit said that met its goal of owning just over 30% of Commerzbank, a threshold which would allow it to buy more shares on the open market later.The Italian bank said then that it saw the "strength of the early tender response a

French prosecutors open probe over treatment of French nationals on Gaza flotilla

Cargill in talks to sell metals unit to Macquarie, sources say

Americas|Economy|Europe|Political|World

Trump’s troop reversals in Europe could cost millions and have left soldiers in limbo, officials say

The U.S. military is waiting for clarity from the Pentagon following President Donald Trump's back-and-forth on troop levels in Europe, upending the lives of military personnel and potentially costing taxpayers millions of dollars, two U.S. defense officials told The Associated Press. NATO allies were bewildered in May when Trump said he would send 5,000 U.S. troops to Poland just weeks after ordering the same number pulled from Europe, following a spat with Germany's Chancellor Friedrich Merz over the Iran war. The Trump administration says troop reductions in Europe have long

Global oil inventories depleted, next price spike could roil economies, markets

Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says

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Anthropic urges industry coordination to allow for a 'pause' in AI development if risks grow

Anthropic is proposing that the world's top artificial intelligence companies come up with a coordinated way to pause development of advanced AI systems, warning the technology is improving so quickly there's a risk humans would lose control. The company behind the Claude chatbot said in a blog post Thursday that as cutting-edge AI gets increasingly faster at carrying out tasks, “it would be good for the world to have the option to slow or temporarily pause” its development. Anthropic said its internal research institute plans to explore the issu

EU weighs rules to cut reliance on China through broader supply chains

LinkedIn co-founder Reid Hoffman to step down from Microsoft's board

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Video shows moment truck-driving preacher helps thwart alleged kidnapping in South Carolina

A truck-driving preacher who helped thwart an alleged kidnapping attempt in South Carolina — all caught on his rig’s dashboard camera — said Thursday that he was not a hero, but a “divine” tool. Anthony J. Moore, 53, was driving a route in Aiken County, about 20 miles (32 kilometers) from the Georgia border, last Friday when a woman ran directly into his path with her hands cuffed behind her back. The video, which has no sound, shows the drama unfold: The woman passes in front of the truck, and a man in a Cadillac that had been on the side o

Crime|Health|Political|US|World

ICE to stop reporting deaths of recently released detainees amid scrutiny

US Immigration and Customs Enforcement is ending its policy of reporting deaths of recently released detainees, the Department of Homeland Security said – a policy change that comes amid increasing scrutiny over the deaths of immigrants in federal custody.The previous policy, adopted during the Biden administration, required the agency to review and report all fatalities of federal detainees, including those occurring up to 30 days after release from custody.The change in policy was first reported by the Washington Post, which cited a memo from acting director David Venturella sent to agency

Trump’s intel choice had no intel experience. He didn’t even have security clearance

Trump says he will not nominate Pulte to be permanent intelligence chief

US sanctions Cuban President Miguel Díaz-Canel in latest move to pressure island's leadership

The United States imposed sanctions Thursday on Cuban President Miguel Díaz-Canel, his wife and three other individuals, in the latest move by the Trump administration to pressure the island’s leadership that drew immediate condemnation from Havana. Included in the sanctions are Alejandro Castro Espín, the sole son of former Cuban President Raúl Castro and Vilma Espín. He served as an adviser to Cuba’s Defense and National Security Commission and was present when Raúl Castro greeted then-U.S. President Barack Obama in Havana during a historic March 2016 meeting. Cast

Crime|Health|Political|US

Trans youth and their parents fight back against efforts to get their detailed medical records

The Trump administration’s demands for sensitive medical records of transgender minors are facing fresh scrutiny in court as it ramps up its efforts by using a grand jury in Texas to force providers of gender-affirming care to comply.The initial use of so-called administrative subpoenas to get the information was shut down in case after case over the last year by jurists appointed by presidents from both parties who said the administration is conducting a baseless fishing expedition into gender-affirming care.In an apparent bid to overcome those roadblocks, prosecutors in Texas, where a spra

Brendan Banfield sentenced to life in prison for murders of wife, stranger amid affair with his family’s au pair

US Senate passes $70 billion in new funds for ICE, Border Patrol

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Crime|Political|World

Iran using Lebanon as bargaining chip in US talks, Lebanese president says

(Corrects reference in paragraph 9 from rejection of agreement to rejection of direct talks)BEIRUT, June 5 (Reuters) - Lebanese President Joseph Aoun accused Iran of using Lebanon as a bargaining chip in its negotiations with the United States on Friday, in some of his toughest criticism yet of Tehran and its Lebanese ally Hezbollah as it wages war with Israel.In a CNN interview, Aoun said "the people of Lebanon are paying the price ... for the sake" of Iran's interests, and were "fed up" with war between Israel and Hezbollah - comments reflecting deep divisions along Lebanon's confessional a

Europe|Health|World

Norway’s crown princess on waiting list for lung transplant

Norway’s Crown Princess Mette-Marit has been placed on a waiting list for a transplant due to “life-threatening chronic lung disease,” the country’s royal household has announced.The 52-year-old princess will not be able to fulfil her duties as a working member of the royal family, according to a press statement issued by the palace on Friday. The princess, who is married to the heir to the Norwegian throne, Haakon, was diagnosed with pulmonary fibrosis, a chronic progressive lung disease with a poor prognosis, in 2018.“The progression of The Crown Princess’s lung disease is seriou

Exclusive: Iran supreme leader’s adviser says talks deadlocked over $24 billion and warns of wider war

Top Iranian official: Trump and Iran's supreme leader will not meet

Arts|Political|World

US appeals court hears challenge to Trump's White House ballroom

U.S. President Donald Trump’s administration asked an appeals court on Friday to allow construction of a $400 million ballroom on the site of the White House's demolished East Wing, pitting Trump against preservationists in a case testing the limits of presidential authority.A lawyer for the administration, Yaakov Roth, told a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit that the challengers seeking to block the project do not have legal standing to pursue their lawsuit.“It's an architectural preference on one hand and the safety and security of the

Science|Technology|World

Astronauts briefly take shelter during repair to fix leak on the International Space Station

NASA on Friday temporarily ordered astronauts to take shelter during repairs to fix a fresh leak aboard the International Space Station. The five astronauts moved into the SpaceX capsule that is docked at the station while cosmonauts worked to fix the leak, which is on the Russian side of the orbiting laboratory. The decision was made “out of an abundance of caution,” NASA spokesperson Bethany Stevens said via X. The crew left the capsule and returned to regular operations after repair work was paused. That part of

NASA directs its ISS crew members to board spacecraft amid leak repair attempt

Lego launches 12,060-piece Sagrada Família — its biggest ever set

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Trump plans to attend Game 3 of NBA Finals at Madison Square Garden

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Some of the most dedicated World Cup fans skipping this year's tournament, citing costs and politics

The 2026 World Cup has drawn intense criticism from globe-trotting fans who over the years have helped define the tournament's festive atmosphere

Political|Travel|World

China’s Xi Jinping to make rare trip to North Korea next week

Europe|Political|World

In public letter, Ukraine's Zelenskyy calls on Putin for direct negotiations in a neutral country

Europe|Political|World

Zelenskiy, in open letter, invites Putin to talks to end the war

Ukrainian President Volodymyr Zelenskiy published an open letter to President Vladimir Putin on Thursday in which he proposed the two leaders meet to agree an end to more than

Business|Economy

Trump administration’s plan to spin off mortgage giants Fannie and Freddie faces new uncertainty

Economy|Election|Finance|Political

California's slow ballot count makes it a target for critics. It doesn't mean elections are rigged

Business|Economy|Finance|Stock Markets|Technology

The US economy added 172,000 jobs last month, extending the labor market rebound

Business|Economy|Finance|Stock Markets|Technology

Wall Street giants tout SpaceX as Musk speaks at pre-IPO investor event

Wall Street's investment banking giants are feting hopeful buyers of Elon Musk's SpaceX at splashy events that kicked off on Thursday,

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Copilot of United jet that struck a light pole realized flight was low, but not in time, report says

Federal investigators have released their initial report on a jet that struck a truck on a highway while landing at a New Jersey airport

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From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls