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CBS Headline News

European teams boycott FIFA over plan to sell World Cup stake to investors

 European teams boycott FIFA over plan to sell World Cup stake to investors 150 150 admin
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A source close to Joshua Kushner’s firm tells CBS News there’s no politics behind FIFA’s bid to draw private investment, but Europe’s soccer powerhouses are crying foul.source

Pentagon weighs eliminating civilian tenure at military academies, draft memo says

 Pentagon weighs eliminating civilian tenure at military academies, draft memo says 150 150 admin

The Pentagon is considering a sweeping remake of military higher education, including an end to civilian tenure and a “line-by-line” review of courses, according to a draft memo obtained by…

What the fires burning near Bordeaux's vineyards could mean for France's wine industry

 What the fires burning near Bordeaux's vineyards could mean for France's wine industry 150 150 admin

In France, wildfires this summer have already burned an area four times the size of Paris, driving hundreds of thousands of people from their homes.source

Japan earthquake death toll climbs to 34 as hopes wane for more rescues

 Japan earthquake death toll climbs to 34 as hopes wane for more rescues 150 150 admin

The Kumamoto prefectural government said at least 34 people were killed in the powerful earthquake that hit southwestern Japan earlier this week.source

Senate Republicans level bombastic accusations, insults at Fauci during heated COVID-19 hearing

 Senate Republicans level bombastic accusations, insults at Fauci during heated COVID-19 hearing 150 150 admin

Dr. Anthony Fauci invoked the Fifth Amendment over a hundred times during a contentious Senate hearing on the origins of the COVID-19 pandemic. CBS News’ Caitlin Huey-Burns reports.source

Business

Federal government to turn a Kentucky uranium plant into an AI data center and gas power complex

 Federal government to turn a Kentucky uranium plant into an AI data center and gas power complex 150 150 admin

The U.S. Department of Energy is harnessing the artificial intelligence boom in its bid to convert another Cold War-era uranium enrichment site, tapping private equity to fund a $100 billion…

Microsoft’s best day since 2008 leads US stocks, while inflation worries remain in the bond market

 Microsoft’s best day since 2008 leads US stocks, while inflation worries remain in the bond market 150 150 admin

Microsoft led the way and leaped 15.5% for its best day in nearly 18 years after reporting a stronger profit for the latest quarter than analysts expected. Growth was strong…

Domain registrar GoDaddy narrows annual revenue forecast

 Domain registrar GoDaddy narrows annual revenue forecast 150 150 admin

July 30 (Reuters) – GoDaddy narrowed its annual revenue forecast and largely met second-quarter estimates on Thursday, amid slower adoption of AI tools and weaker customer acquisition. Here are some…

Shell profit more than doubles to $9.8 billion, second-highest on record, as Iran war lifts prices

 Shell profit more than doubles to $9.8 billion, second-highest on record, as Iran war lifts prices 150 150 admin

By Stephanie Kelly and Shadia Nasralla LONDON, July 30 (Reuters) – Shell’s net profit more than doubled from last year to $9.84 billion in the second quarter, beating expectations, helped…

South Korea curbs may not save investors slaughtered by $2 trillion rout

 South Korea curbs may not save investors slaughtered by $2 trillion rout 150 150 admin

By Cynthia Kim SEOUL, July 30 (Reuters) – South Korea’s efforts to rein in the leveraged products wreaking havoc in its financial markets may not go far enough to quell…

Jeep-maker Stellantis Q2 profit miss stirs doubts about Filosa revival plan

 Jeep-maker Stellantis Q2 profit miss stirs doubts about Filosa revival plan 150 150 admin

By Giulio Piovaccari MILAN, July 30 (Reuters) – Stellantis’ operating income missed analyst expectations in the second quarter, sending shares lower, as investors seek stronger evidence that CEO Antonio Filosa’s…

Asia stock-picking hedge funds set for record monthly loss, Goldman says

 Asia stock-picking hedge funds set for record monthly loss, Goldman says 150 150 admin

By Summer Zhen HONG KONG, July 30 (Reuters) – Asia-focused equity hedge funds are heading for their biggest monthly drawdown on record, a Goldman Sachs note showed, as a broad…

Shell more than doubles its profit in Q2, beating expectations

 Shell more than doubles its profit in Q2, beating expectations 150 150 admin

By Stephanie Kelly and Shadia Nasralla LONDON, July 30 (Reuters) – Shell’s adjusted earnings, its definition of net profit, reached $9.84 billion in the second quarter, it said on Thursday,…

Mercedes-Benz to recall more than 310,000 US vehicles citing risk of failure to detect open door 

 Mercedes-Benz to recall more than 310,000 US vehicles citing risk of failure to detect open door  150 150 admin

July 30 (Reuters) – Mercedes-Benz is recalling 310,667 vehicles in the U.S. due to risk of failure to detect an open door, the U.S. National Highway Traffic Safety Administration (NHTSA)…

Elon Musk’s xAI sues Minnesota over its first-in-the-nation law banning ‘nudification’ technology

 Elon Musk’s xAI sues Minnesota over its first-in-the-nation law banning ‘nudification’ technology 150 150 admin

Elon Musk’s company xAI has sued Minnesota over the state’s first-in-the-nation law that bans “nudification” technology on websites and apps, potentially providing a test for how far states can go…

World News

Russia launches ‘Battle of Donbas’ on eastern front, Ukraine says 150 150 admin

Russia launches ‘Battle of Donbas’ on eastern front, Ukraine says

By Maria Starkova and Pavel Polityuk LVIV/KYIV (Reuters) -Russian forces have launched their anticipated offensive in eastern Ukraine, attempting to push through defences along almost the entire front line early…

Entertainment

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