DOJ Joins Trump in Asking Supreme Court to Toss $83 Million Carroll Verdict

His lawyers argue the 2024 immunity ruling should wipe out a jury’s finding that he defamed E. Jean Carroll while in office.
Shein Now Reveals FTC Probe Ahead Of Hong Kong IPO Debut

Shein’s planned Hong Kong listing is asking investors to assess two unresolved threats inside its US business at the same time. Tariff changes have already reduced sales and raised fulfilment costs, while an undisclosed FTC investigation could produce a settlement or other outcome in what the company says may be the near term. The fast-fashion […]
China Starts Mass Producing Homegrown DUV Chip Tools, ASML Shares Slide

China’s new machines can only produce a fraction of what ASML ships each year, but the milestone still rattled global chip-equipment stocks.
Kyiv and Tehran Step Back From the Brink After Tense Phone Call

Neither government has signaled interest in escalating beyond strongly worded statements, even with the underlying dispute unresolved.
What Exactly Is FIFA Selling To Private Investors?

FIFA’s plan to admit private investors into its World Cup business would create a new $20 billion company, offer its 211 voting associations up to $20 million each, and potentially establish a commercial power center that could continue beyond Gianni Infantino’s elected presidency. The proposed structure combines FIFA’s broadcast, sponsorship, ticketing, licensing, and tournament-delivery operations […]
Russia Charges Telegram’s Pavel Durov With Aiding Terrorism, Issues Wanted Notice

The charges come as Moscow pushes Russians toward its own state-backed messaging app and away from Telegram.
Mercado Minerals Extends Copalito Drilling With Fresh El Pilar Silver Hits

Mercado Minerals (CSE: MERC) has released a fresh round of assay results from its Copalito silver project, and the numbers give the company something to build on as its first drill campaign presses forward. The latest results center on the El Pilar vein, where drilling returned the strongest intercepts of the batch. Hole COP-26-019 cut […]
Dimon Vs. JPMorgan: Who To Believe In Stocks?

JPMorgan Chase has given investors two sharply different answers about the US market within one week, exposing the distinction between trading a rally and believing assets are attractively priced. The bank’s global market intelligence team told clients that a proprietary positioning indicator had generated a buy signal for the S&P 500, Bloomberg reported. The call […]
Why Shopify CEO Tobi Lütke Wants Wealthier Taxpayers To Have More Political Votes

Shopify CEO Tobi Lütke has extended a debate over pensions and generational fairness into an argument for unequal political rights, publicly supporting a system that would remove votes from people paying no income tax and grant additional votes to higher taxpayers. Lütke leads one of Canada’s most valuable public companies and had an estimated net […]
FCC Clears Starlink Routers Despite Foreign Manufacturing Ban

The US government has temporarily cleared SpaceX’s Starlink routers from restrictions on foreign-produced networking equipment, giving the satellite internet provider continued access to new product approvals while competitors navigate a federal review process capable of reshaping the American router market. The FCC said its Public Safety and Homeland Security Bureau updated the agency’s Covered List […]