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French store BHV ends partnership with retailer Shein, French media say

French department store BHV is ending its partnership with Chinese online fast fashion retailer Shein, French media reported on Tuesday.• The Societe des grands magasins, or SGM, which has been operating the BHV Marais, said it was selling the Parisian department store to its current management team, which ended the partnership, French media reported.• SGM did not respond to a request for comment, and Shein was not immediately available to comment.• Shein opened its first physical shop in BHV in November and said in February it planned to open physical shops in five other French cities.

Thyssenkrupp to spin off materials trading division

Nearly half of investors plan to boost EM private credit - Gemcorp survey

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BMW lowers 2026 outlook on China downturn, Iran war

German carmaker BMW lowered its outlook for 2026, saying on Tuesday it expected a significant decrease in group profit compared to last year due to an accelerated downturn in the Chinese market and the impact of the Iran war.The company now expects return on capital employed (RoCE) between 1% to 5%, down from its previous expectation of 6% to 10%. (Reporting by Danny Callaghan in Gdansk; Editing by Emelia Sithole-Matarise)

What happens after UniCredit's takeover offer for Commerzbank ends on Tuesday

Binance set to lose permission to operate in EU, sources say

Business|Economy|Finance|Stock Markets|Technology

Options on SpaceX shares start trading in heavy volume

Options on SpaceX started trading at a brisk pace on Tuesday, offering investors another avenue to bet on the future of the newly listed shares of Elon Musk's rocket company.Options allow investors to buy or sell an asset at a predetermined price within a set time period, and are used to hedge against risk or to speculate on price movements.Some 115,000 options contracts changed hands in the first 10 minutes of trading, with calls leading puts 1.7-to-1, according to Trade Alert data.Calls give the buyer the right to purchase a stock at a set price by a specific date, while puts give the buyer

A Russian artist who was critical of Putin is killed near his home in Poland

Congo Senate adopts bill that could lead to new term for president

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McDonald's is serving fried apple pie again for America's 250th birthday

McDonald’s is frying up some apple pies to honor America’s 250th birthday. The company said Tuesday it’s bringing back fried apple pies for the first time in more than three decades. They’ll be available at most U.S. restaurants for a limited time starting June 23. McDonald’s is one of several fast food companies offering semiquincentennial treats. Burger King recently debuted its Firecracker Cookie Pie, which has a sugar cookie crust and red, white and blue star-shaped sprinkles. Sonic is offering a red, white and blue slush float for $2.50

Crime|Political|Sports|US|World

FBI disrupts a planned attack on the White House UFC cage-fighting show, court papers say

Law enforcement officials disrupted a planned attack targeting the UFC cage-fighting show staged at the White House this past weekend, according to court papers unsealed Tuesday that say plotters disgruntled with the direction of the country spoke of flying explosives-laden drones and shooting panicked crowd members as they fled. The FBI obtained encrypted text messages between roughly 20 participants who shared detailed maps of the area and discussed the need for a “safe house” and escape routes after the attack, the documents show. It was unclear from the court records how

SpaceX buys AI coding startup Cursor for $60 billion in race for an edge over Anthropic and OpenAI

CNN poll: Political independents hit their highest level in a decade

Burt Jones makes Rick Jackson’s big spending his closing argument in Georgia gubernatorial runoff

Georgia Lt. Gov. Burt Jones is criticizing rival Rick Jackson’s campaign spending as the billionaire breaks state records in the final stretch of a tight runoff for the Republican gubernatorial nomination.“Rick Jackson is everywhere – spending over $100 million trying to buy our vote,” says a new ad from Jones’ campaign, featuring AI-generated imagery of voters recoiling at Jackson’s omnipresent image. “But Georgia is not for sale.”Jackson, a former healthcare executive, has leveraged his personal fortune to elbow into the race, dropping tens of millions of dollars on ads and m

Election|Political|US

What to watch in Tuesday’s primaries in Georgia, Alabama, Oklahoma and Washington, DC

Georgia Gov. Brian Kemp survived President Donald Trump’s bid to oust him in a Republican primary four years ago. Kemp’s hand-picked candidate in a Senate primary on Tuesday might not be as lucky.Peach State voters are casting their ballots Tuesday in two key Republican primary runoffs: choosing who will face Democratic Sen. Jon Ossoff in what will be one of the nation’s most closely watched Senate races in November, and picking a nominee in the governor’s race, where Trump and term-limited Kemp are aligned.The state is the focal point on a day in which voters in Washington, DC, will e

Epstein survivors push Comer to investigate potential leads from DOJ’s files in private meeting

Justice Department tax probe includes Gov. Gavin Newsom’s wife

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Crime|Europe|World

UK military investigates report that Russian warship fired warning shots at yacht in the Channel

The British military is investigating reports that a Russian warship fired warning shots at a U.K.-registered yacht in the English Channel on Tuesday. The Defense Ministry said it was investigating an “incident” after the yacht said it was fired on by a Russian navy vessel about 500 yards (460 meters) away. It happened about 20 miles (about 30 kilometers) south of the Isle of Wight, outside U.K. territorial waters. There were no reports of injuries or damage to the yacht. The Russian government did not immediately reply to a request for comment.

MidEast|Political|Sports|World

Soccer-Boos, cheers and a draw: Iran's World Cup opener reflects deep divisions

Whistles drowned out parts of Iran's national anthem while other fans sang along, setting the tone for a World Cup opener that often felt more significant for political allegiances than the football on show.Before a crowd of more than 70,000 in Los Angeles, home to the world's largest Iranian diaspora, supporters waved flags, chanted and revealed starkly different loyalties as Iran fought back twice to secure a 2-2 draw with New Zealand on Monday.Cheers greeted Iran's attacks and goals from much of the crowd, including many supporters carrying the lion-and-sun flag associated with pre-revolut

A star-laden Tuesday at the World Cup

Trump says Iran deal to be public soon and will rule out nuclear weapon for Tehran

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EU lawmakers approve US trade deal to avert tariff conflict

The European Parliament approved on Tuesday cutting duties on many U.S. goods imports to fulfill the European Union's side of a trade deal struck last year, and avert a new round of tariff conflict between the world's largest trading partners.U.S. President Donald Trump struck a framework deal with the European Union at his Turnberry golf course in Scotland last July under which the EU agreed to remove import duties on U.S. industrial goods in return for U.S. tariffs of 15% on most EU goods.Almost 11 months later, the EU has yet to implement the import duty cuts, prompting Trump to threaten

Business|Economy|Travel|World

Higher prices for gas, groceries and flights will likely outlast the Iran war

A tentative deal to end the Iran war makes it reasonable to ask how soon prices will drop for gasoline, groceries, airline tickets and other items that got more expensive during the conflict. Not so fast, experts say. Even after oil starts flowing again from the Middle East, it could take awhile for consumers to see a difference at local fuel pumps, supermarkets and other places they shop, according to economists and industry analysts. Fighting over the Strait of Hormuz disrupted not only supplies of crude and refined fuel but also the supply chains

Kevin Warsh was bracing for rising inflation. A US-Iran agreement simplifies things

Oil prices fall 4% to three-month low on hopes interim US-Iran deal will reopen Hormuz

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Trump signals swift return of sanctions on Russian oil as G7 refocuses on Ukraine

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Trump says the Strait of Hormuz is reopened. But most ships are staying put

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California Gov. Gavin Newsom says Trump's Justice Department is investigating him and his wife

Democratic California Gov. Gavin Newsom says the Justice Department is investigating him and his wife, accusing the Trump administration of targeting him for political purposes as he weighs a presidential bid

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Trump’s Iran accord offers exit from war — and fresh political risks

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US emergency oil stockpile tumbles to lowest since the Reagan administration

CNN poll: Political independents hit their highest level in a decade

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Bank of Japan raises rates to 31-year high, flags more to come

Business|Economy|Finance

All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates

Ever since Kevin Warsh was nominated by President Trump in late January to lead the Federal Reserve, a question has lingered: Will he seek to raise interest rates to tame inflation or cut them as Trump has long demanded

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Sorsby won't play for Texas Tech after unprecedented legal fight over his eligibility for gambling

Transfer quarterback Brendan Sorsby won't play for Texas Tech this fall after all

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Some Iranian Americans wave protest flags, others cheer as Iran play World Cup opener

Iran kicked off their World Cup in Los Angeles on Monday, drawing 2-2 with New Zealand in front of a crowd that consisted of

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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