WASHINGTON (AP) — Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fight with China. The preliminary reading of the University of Michigan’s closely watched…… MORE
Trump Clears Path For Nippon Steel Investment In US Steel, So Long As It Fits The Government’s Terms
WASHINGTON (AP) — President Donald Trump has signed an executive order paving the way for a Nippon Steel investment in U.S. Steel, so long as the Japanese company complies with a “national security agreement” submitted by the federal government. Trump’s order didn’t detail the terms of the national security agreement. But U.S. Steel and Nippon…… MORE
Meta Invests $14.3B In AI Firm Scale And Recruits Its CEO For ‘Superintelligence’ Team
Meta is making a $14.3 billion investment in artificial intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant. The move reflects a push by Meta CEO Mark Zuckerberg to revive AI efforts at the parent company of Facebook and Instagram as it faces tough competition…… MORE
Shares Of Meatpacking Giant JBS Fall In Debut On The NYSE
Shares of Brazilian meat giant JBS made their debut Friday on the New York Stock Exchange, dropping 3.9%. Trading in New York has been a long-held goal for JBS, which was founded 72 years ago and is now one of the world’s largest meat companies. Half its annual revenue comes from the U.S., where it…… MORE
Air India Black Box Recovered After Crash That Killed 241 Onboard And Several Others On The Ground
AHMEDABAD, India (AP) — Indian investigators have recovered the digital flight data recorder or the black box of the Air India flight that crashed a day earlier. The crash on Thursday killed 241 people on board and at least five people on the ground. Civil Aviation Minister Ram Mohan Naidu said that the black box…… MORE
DFW’s Morning News-Middle East Conflict Leads to High Oil Prices
DFW’s Morning News speaks with oil and gas experts about impacts of Israel’s attack on Iran.… MORE
Federal Judge Rules Trump Illegally Mobilized CA National Guard
(WBAP/KLIF) — SAN FRANCISCO (AP) — President Donald Trump must return to California Gov. Gavin Newsom control over National Guard troops the president deployed to Los Angeles to assist in immigration enforcement and controlling unrest, a federal judge said in a temporary restraining order Thursday. The order, which takes effect at noon Friday, said the…… MORE
Iran Launches Hundreds of Missiles at Israel; Follows Israeli Airstrikes on Iran
(WBAP/KLIF) — UPDATE 6/13 2:32 PM: (AP) Iran retaliated by unleashing scores of ballistic missiles on Israel late Friday, with explosions flaring in the skies over Jerusalem and Tel Aviv and shaking buildings below. “Don’t think that they hit and it’s over. No. They started the work and started the war,” Iran’s Supreme Leader Ayatollah…… MORE
Israel Possibly Preparing to Strike Iran’s Nuclear Facilities
(WBAP/KLIF) — VIENNA (AP) — Iran said it has built and will activate a third nuclear enrichment facility, ratcheting up tensions with the U.N. on Thursday immediately after its atomic watchdog agency censured Iran for failing to comply with nonproliferation obligations meant to prevent it from developing a nuclear weapon. “The Islamic Republic of Iran…… MORE
Texas Governor Abbott Deploys Thousands of National Guard and State Troopers for Saturday’s Nationwide “No Kings” Day Immigration Raid Protests
AUSTIN – (WBAP/KLIF) – The Dallas Morning News reports Governor Greg Abbott is deploying more than five thousand Texas National Guard troops and two thousand state troopers with special agents working alongside the Texas Rangers for scores of protests statewide against President Trump’s immigration raids. The events Saturday in Dallas, Fort Worth, Arlington, Frisco, McKinney,…… MORE
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