• 850-433-1141 | info@wpnnradio.com | Text line: 850-790-5300

Yearly Archives :

2026

Morning Bid: Samsung to serve chip taster for earnings feast

Morning Bid: Samsung to serve chip taster for earnings feast 150 150 admin

July 6 (Reuters) – A look at the day ahead in European and global markets from Wayne Cole.

It’s been one of the quietest starts to a week in ages, with no new wars, or tariffs and much of the world watching the football.

There has been no reported progress in U.S.-Iran peace talks, but at least the Strait of Hormuz is partly open. The UKMTO counted 160 vessels transiting from Monday to Saturday last week, with 98 of those tankers. It’s still far short of the 138 daily average transits before the war, but every barrel helps.

And OPEC+ over the weekend agreed to lift output quotas by 188,000 barrels per day from August, taking the total increase since April to almost 800,000 bpd.

Oil eased in response, though Brent futures are priced around $72.50 right out to December, suggesting the market thinks prices have found a floor for the time being.

Asian share markets are modestly in the red, likely profit-taking ahead of the earnings blitz. A pullback is no surprise given South Korea’s main index has gained almost 90% this year, Taiwan 62% and Japan 37%.

Samsung Electronics is set to make a splash on Tuesday, as analysts expect an 18-fold increase in profits. The world’s largest memory chipmaker by sales is likely to flag an operating profit of 86 trillion won ($56.35 billion) for the April to June quarter, according to an LSEG SmartEstimate.

For Wall Street, Delta Air Lines and PepsiCo are tasters before the main course begins with the major banks next week. Consensus is for EPS growth of 25% year-on-year, with semiconductors and energy accounting for half of that.

S&P 500 and Nasdaq futures returned from the break slightly firmer, while European futures are little changed after making solid gains last week.

Treasury yields are a shade lower as investors grow more confident of a Federal Reserve hold later this month following the payrolls miss.

Minutes of the last Fed meeting on Wednesday will no doubt sound hawkish given that nine members plotted at least one hike for this year, though that was before the latest tumble in oil prices. Futures imply a 22% chance of steady rates at the July 29 meeting, but 60% for a hike on September 16.

Fed Governor Christopher Waller is speaking in Rome later in the session, and the influential New York Fed Governor John Williams appears on Thursday, ahead of next week’s testimony by Fed Chair Kevin Warsh to the House Financial Services Committee.

The ISM Services survey is also due later and forecasts favour only a slight easing to a still-healthy 54.0.

Key developments that could influence markets on Monday:

– Appearances by Federal Reserve Board Governor Christopher Waller, ECB Board member Isabel Schnabel, ECB President Christine Lagarde, ECB Board member Philip Lane and Riksbank Deputy Governor Anna Seim

– EU retail sales and producer prices for May. German industrial output for May. U.S. ISM services survey for June

(Editing by Jacqueline Wong)

source

Extreme weather mars 4th of July weekend; seaplane makes hard landing in NYC river

Extreme weather mars 4th of July weekend; seaplane makes hard landing in NYC river 150 150 admin

A number of cities broke temperature records over the Fourth of July weekend. In storm-ravaged New Jersey, authorities say at least 19 deaths are blamed on the heat. Meanwhile, a seaplane was forced to make a hard landing in New York City’s East River on Sunday. Shanelle Kaul reports on it all and meteorologist Andrew Kozak has a look at the forecast.
source

As East Africa’s oceans change, coastal women build new livelihoods

As East Africa’s oceans change, coastal women build new livelihoods 150 150 admin

MALINDI, Kenya (AP) — The unfinished restaurant is still little more than concrete walls and wooden beams. As her daughter sweeps away the last piles of sand, 54-year-old Nuru Mohammed directs women hanging fishing nets to serve as décor. In a few days, the beachside restaurant on Kenya’s Indian Ocean coast will open, offering another way to earn a living.

“For us women, this is hope,” says Mohammed, who for most of her life was one of the few fisherwomen in Malindi, a town northeast of the port city of Mombasa. “It will help support many families that have depended on the ocean for decades.”

Across East Africa’s coast, fisherfolk are increasingly turning to tourism, ecosystem restoration and other conservation-based businesses, reinventing their relationship with the sea as climate change, overfishing and declining ocean health threaten their livelihoods.

In Kenya, women are turning restored mangrove forests into sources of income through beekeeping and ecotourism. In Tanzania’s Zanzibar archipelago, fishing communities are protecting coral reefs through locally managed closures. In Mozambique, sea grass restoration is creating jobs while reviving marine habitats. Together, these efforts are redefining resilience, not as leaving the ocean behind, but as restoring it while building enduring livelihoods.

“Communities that depend on the ocean are also its best stewards,” said Andreane Martel, project director for a conservation program dubbed ReSea. “When local people, especially women, lead conservation, they protect biodiversity while creating more resilient and inclusive livelihoods.”

Mohammed said she has lost boats to theft and now struggles to compete with industrial trawlers. A nearby Chinese-owned fish processing facility reflects the dramatic changes for the industry.

“I can’t compete with that kind of power or scale,” she says.

“It has been tough,” Mohammed says, looking toward the ocean. “I fought to remain a fisherwoman. But I think it’s a fight I can no longer win.”

Ten kilometers (six miles) away, where the Sabaki River meets the Indian Ocean, Beatrice Mwanyiro oversees a mangrove nursery and restaurant built by ReSea, a 30-member women’s self-help group supported by the Canadian government.

“We have to adapt to the changing times,” Mwanyiro says. “The number of fish coming into the shallow waters are falling every year. Without another source of income, we won’t be able to feed our families.”

Mangroves, coral reefs, sea grass meadows and nearshore fisheries provide food, protect coastlines from storms and store vast amounts of carbon. But those ecosystems are imperiled by warming oceans, pollution, habitat loss and overfishing.

Mohamed Somo, a leader of fishermen in Lamu, a UNESCO heritage site, says boats that used to come in with catches of up to 100 kilograms (220 pounds) of fish now often bring home less than 30 kilograms (66 pounds).

Kenyan law restricts trawlers to waters at least 5 nautical miles (9 kilometers) offshore, but fishers say some vessels routinely operate much closer. The challenge extends beyond Kenya. Illegal, unreported and unregulated fishing costs the global economy an estimated $23 billion annually while threatening marine biodiversity and the food security of billions who depend on fish as a primary source of protein, according to the U.N. Food and Agricultural Organization.

“The trawlers fish offshore during the day, but at night they move into the shallow waters where artisanal fishers work,” Somo says. “By morning, there’s very little left for us.”

The growing pressure on coastal communities has pushed ocean conservation higher on the political agenda as communities struggle for survival and try to protect their ocean economies.

“Coastal communities are on the frontlines of climate change and declining ocean health, but they are also among the strongest drivers of resilience,” said Jerry Mang’ena, co-founder and executive director of Action for Ocean, a Tanzania-based organization that restores mangroves along its coastline.

“Supporting sustainable livelihoods, from aquaculture and eco-tourism to ecosystem restoration, helps families adapt while reducing pressure on the ocean. If we’re serious about protecting our seas, we must invest in the people who have cared for them for generations.”

At the recent Our Ocean Conference in Mombasa, conservation groups urged African governments to ratify the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement, or “High Seas” treaty, a landmark U.N. pact establishing marine protected areas in international waters and fair sharing of marine resources. It entered into force in January, and as of April had been signed by 145 countries and ratified by 81.

The outcome of negotiations over additional ratifications of the treaty could have a profound impact on the lives of fisher people like Mohammed as they try to build futures that no longer depend entirely on increasingly uncertain catches.

“The BBNJ Agreement gives African governments a historic opportunity to protect the high seas and safeguard the future of our fisheries,” said Aliou Ba, oceans campaign lead at Greenpeace Africa.

“But protecting the ocean also means confronting illegal, unreported and unregulated fishing that is stripping African waters of marine life and robbing coastal communities of food and income,” he said. “Governments cannot afford to delay.”

____

The Associated Press’ climate and environmental coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

source

7/5: Sunday Morning

7/5: Sunday Morning 150 150 admin

‘Minions & Monsters’ tops Fourth of July holiday box office, barely beating ‘Toy Story 5’

‘Minions & Monsters’ tops Fourth of July holiday box office, barely beating ‘Toy Story 5’ 150 150 admin

LOS ANGELES (AP) — The Minions have taken down “Toy Story 5″ at the July Fourth weekend box office, but not by much.

“Minions & Monsters,” the seventh film in the “Despicable Me” franchise, earned $36.4 million at the holiday weekend box office, according to studio estimates for North America. “Toy Story 5,” a juggernaut that last week beat “Supergirl,” earned an estimated $31 million.

The Minions movie, which has the devious henchlings seeking movie glory in Hollywood’s Golden Age, opened on Wednesday and earned an estimated $61.4 million in its first five days, according to studio estimates. The Minions are a popular franchise globally and “Minions & Monsters” has earned $160 million worldwide in its debut week.

Audiences looking for patriotic fare amid the United States’ 250th birthday celebration had “Young Washington” to consider; it opened in third place with nearly $21 million. The movie focuses on George Washington’s service during the French and Indian War.

That left “Supergirl” in fourth with just under $10 million at the box office, a steep 74% drop from its disappointing opening weekend.

The weekend box office was down year-over-year about 24%, according to figures compiled by Rentrak, though this summer is up from 2025 by nearly 12%. That’s due in part thanks to the low-budget Gen-Z sensations “Obsession” and “Backrooms,” which took the sixth and seventh spots, behind Steven Spielberg’s “Disclosure Day.”

With final domestic figures being released Monday, this list factors in the estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Rentrak:

1. “Minions & Monsters,” $36.4 million.

2. “Toy Story 5,” $31 million.

3. “Young Washington,” $20.8 million.

4. “Supergirl,” $9.6 million.

5. “Disclosure Day,” $6 million.

6. “Obsession,” $5.3 million.

7. “Backrooms,” $3.3 million.

8. “Jackass: Best and Last,” $2.7 million.

9. “Scary Movie,” $1.1 million.

10. “The Invite,” $800,708.

source

Full transcript of "Face the Nation with Margaret Brennan," July 5, 2026

Full transcript of "Face the Nation with Margaret Brennan," July 5, 2026 150 150 admin

On this “Face the Nation with Margaret Brennan” broadcast, Reps. Adriano Espaillat and Carlos Giminez join Ed O’Keefe.
source

Prince Harry’s UK trip sparks media buzz over whether Meghan and kids will join him

Prince Harry’s UK trip sparks media buzz over whether Meghan and kids will join him 150 150 admin

LONDON (AP) — The drama that seems to surround Prince Harry returns to the UK this week, and the previews already have the British press buzzing with anticipation.

King Charles III’s wayward son is traveling to the land of his birth for a series of charity engagements that begin Tuesday. But for most royal watchers that’s just background noise.

For the past 10 days, British tabloids and news broadcasts have been filled with speculation about whether Harry’s wife, Meghan, will accompany him and, more importantly, whether they will bring their two children, Prince Archie and Princess Lilibet, so they can finally get to know Grandpa Charles. But everything is up in the air as Harry seeks to arrange protection for his family after a government committee refused to authorize taxpayer funded security.

“With just days to go until Harry’s first public engagement in the UK on Tuesday … very little is guaranteed at all,” the Times of London reported on Saturday. “For Archie and Lilibet to meet the king, it’s now or never,’’ wrote the Telegraph.

Harry, a British army veteran who served in Afghanistan, planned the visit to mark a year before the Invictus Games, the Paralympic-style competition he founded to motivate and inspire military veterans around the world as they work to overcome battlefield injuries.

Not on the official schedule but very much in the media spotlight, however, is a decision Tuesday at the High Court in London, where the judge will reveal his verdict in Harry’s invasion of privacy lawsuit against the publisher of the Daily Mail.

The decision about whether to bring the children, according to reports based on off-the-record briefings and unidentified people close to the royals, hinges on whether the U.K. government agrees to provide security for Harry and his family. It is an issue that has hung over every trip the prince has made to Britain since he and Meghan decamped to North America six years ago.

British authorities say Harry isn’t entitled to blanket protection because he is no longer a working member of the royal family and they will assess his security on a case-by-case basis, just like any other celebrity. Harry says it is unsafe for his children to travel to Britain without protection because his family remains a target simply by virtue of their royal status.

The decision rests with a government committee known as Ravec, that rules on who should get state-funded protection.

The outcome could be problematic for the royal family, which is trying to show that it provides value for money after months of embarrassing headlines about the links between the late financier and convicted sex offender Jeffrey Epstein and the former Prince Andrew, now known as Andrew Mountbatten-Windsor.

“In the paranoid atmosphere of waiting for more Andrew shoes to drop, Ravec and the royals themselves are terrified of public blowback if taxpayers are asked to fund protection for the House of Sussex,’’ royal commentator Tina Brown wrote on X. “The issue is not a hill that either the king or the government wants to die on, and who can blame them?’’

After initial reports that Archie, 7, and Lilibet, 5, would visit the U.K., plans began to wobble after the Daily Telegraph reported that Ravec had again rejected Harry’s request for protection.

The Times of London reported that Harry was “distraught” after the decision and told friends he wouldn’t let his children be “chased by paparazzi” through the streets of London.

By Sunday, it was clear that the family wouldn’t accompany Harry when he arrives in the capital on Monday, though there was still a chance they would join him later in the trip.

Nonetheless, Harry has said that he wants to reconcile with his 77-year-old father, who is being treated for an undisclosed form of cancer. And he really wants his children, who first met the monarch during celebrations for the late Queen Elizabeth II’s Platinum Jubilee in 2022, to spend time with their grandfather now that they are old enough to remember the experience.

Tension within the House of Windsor have been strained ever since Harry and Meghan gave up royal duties and moved to California to pursue lucrative media deals free from the pressures of royal life in London.

They reached a new low after Harry published an explosive memoir that included unflattering depictions of the royal family and damning allegations of a toxic relationship between the monarchy and the press.

Harry’s description of royals leaking information about other members of the family in exchange for positive coverage of themselves is just one of the tawdry allegations in his book, “Spare.” The prince was especially scathing about Queen Camilla, accusing her of feeding private conversations to the media as she sought to rehabilitate her image, after her longtime affair with Charles when he was heir to the throne.

After losing a court battle over the security issue last year, Harry said he hoped to rebuild relations with his family, even as he suggested that the royals had sought to prevent him from receiving police protection to punish him for walking away from royal duties.

“I would love reconciliation with my family. There’s no point in continuing to fight anymore,” Harry told the BBC. “I don’t know how much longer my father has.”

source

Extended interview: J.K. Simmons

Extended interview: J.K. Simmons 150 150 admin

In this web exclusive, the character actor who won an Academy Award for “Whiplash” talks with correspondent Tracy Smith about his roles, the epitomes of real characters.
source

Delta Air Lines flight hit by firework while landing at Midway International Airport

Delta Air Lines flight hit by firework while landing at Midway International Airport 150 150 admin

A Delta Air Lines flight landing in Chicago was hit by a firework as it was coming to land at Midway International Airport on Saturday.
source