US Attacks the Infrastructure Behind Iran’s Hormuz Leverage
The US is no longer limiting its response to the weapons Iran has already fired at commercial vessels. Its latest strike suggests a broader attempt to remove the coastal infrastructure that allows Tehran to threaten shipping across the Strait of Hormuz. US Central Command said American forces completed a 90-minute attack on Greater Tunb Island […]
Fujairah, UAE’s Hormuz Bypass Port, ‘All But Dead’ After IRGC Strikes
Energy analysts say Fujairah, the UAE’s key bypass for the Strait of Hormuz, has ground to a near-halt after this week’s missile strikes on nearby tankers.
US Inflation Cools to 3.5% But Still Highest in G7
A brief Iran ceasefire cooled gas prices and, with them, US inflation. The relief may not last.
Inverse Cramer Strikes Again as IBM Suffers Worst Day in Company History
IBM shares fell 25% on Tuesday, wiping out tens of billions in market value after the company warned clients were pulling back spending faster than expected.
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E. Jean Carroll Receives $5.6 Million From Trump
Three years after a jury found Trump liable for sexual abuse and defamation, E. Jean Carroll has been paid.
The McConnell Photo Conspiracy Theories Don’t Hold Up, Experts Say
Claims that Mitch McConnell’s hospital photo was faked spread quickly online, amplified in part by an incorrect answer from X’s Grok chatbot.
House Passes Bill to Make Daylight Saving Time Permanent
Americans could stop changing their clocks for good. The House passed the Sunshine Protection Act with broad bipartisan support, but a key senator is already opposed.
Musk Quietly Acquires APR Energy in Deal Worth over $1 Billion
Elon Musk has bought APR Energy, a builder of fast-deployable power plants, in a transaction that surfaced through regulatory paperwork rather than any announcement from the parties involved. An early termination notice in the Federal Trade Commission’s legal library, transaction number 20261350 and dated May 14, names Musk as the acquiring party and identifies New […]
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Cardiol Publishes Phase II MAVERIC Data in the Journal of the American Heart Association
Cardiol Therapeutics (NASDAQ: CRDL) (TSX: CRDL) has published the full results of its Phase II MAvERIC study of CardiolRx™ in recurrent pericarditis in the Journal of the American Heart Association, placing this peer-reviewed evidence behind its pivotal Phase III program on the record. The open-label study enrolled 27 adults with symptomatic recurrent pericarditis at eight U.S. clinical […]
Alberta Court Freezes Separatist Lawyer’s Assets in Tallcree Dispute
An Alberta judge has restricted lawyer for the separatist movement Jeffrey Rath and his law corporation from dealing with up to $8.52 million in assets, Global News reports, escalating a years-long financial dispute involving the Tallcree First Nation settlement into a direct threat to the lawyer’s personal and corporate balance sheets. The order is politically […]