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Warrant for immigration raid wrongly sought via 'judge-shopping,' Texas judge says
By Nate RaymondJune 11 (Reuters) - A federal judge in Texas said the Trump administration sought to "blatantly judge-shop" to evade a ruling he had issued rejecting its request for a warrant that would allow U.S. Immigration and Customs Enforcement to raid a business to detain migrants who a...Reuters
Wed, Jun 11
Warner Bros' credit rating downgraded to junk by Fitch on split-up
By Dawn Chmielewski, Matt Tracy and Milana Vinn June 11 (Reuters) - Credit ratings agency Fitch Ratings on Wednesday downgraded Warner Bros Discovery WBD.O to junk status following the company's announced split-up earlier this week, as investors weigh the deal's likely impact on holders o...Reuters
Wed, Jun 11
US Treasury sees strong interest in 10-year auction
June 11 (Reuters) - The U.S. Treasury Department saw strong interest in a $39 billion sale of 10-year notes on Wednesday, indicating that demand for the debt remains strong despite concerns that foreign investors are moving away from the market. The yield on the benchmark 10-year note US10YT=RR fell...Reuters
Wed, Jun 11
Fulbright board resigns citing interference by Trump administration
By Ryan Patrick Jones June 11 (Reuters) - All members of the board that oversees the U.S. State Department's Fulbright Program, which facilitates international educational exchanges, have voted to resign over alleged political interference from President Donald Trump's administration, the...Reuters
Wed, Jun 11
EXCLUSIVE-US warns against attending UN conference on Israel-Palestinian two-state solution
By John Irish and Humeyra Pamuk PARIS/WASHINGTON, June 11 (Reuters) - U.S. President Donald Trump's administration is discouraging governments around the world from attending a U.N. conference next week on a possible two-state solution between Israel and the Palestinians, according to a U.S. ...Reuters
Wed, Jun 11
BofA CEO expects trading gains for 13th straight quarter while investment banking slips
Expects trading revenue to grow mid-to-high single digit in Q2Consumer spending, credit quality remains strongInvestment banking fees expected up to $1.2 billion, below Q2 2024By Saeed Azhar and Arasu Kannagi Basil NEW YORK, June 11 (Reuters) - Bank of America BAC.N expects its trading revenue to...Reuters
Wed, Jun 11
Google Names New Chief AI Architect Koray Kavukcuoglu To Advance Developments- Semafor
June 11 (Reuters) - Alphabet Inc GOOGL.O:GOOGLE IS PUTTING A NEW EXECUTIVE KORAY KAVUKCUOGLU IN CHARGE OF COORDINATING FUTURE AI-POWERED PRODUCT DEVELOPMENT - SEMAFORGOOGLE NAMES NEW CHIEF AI ARCHITECT KORAY KAVUKCUOGLU TO ADVANCE DEVELOPMENTS- SEMAFORSource text: https://tinyurl.com/38te8p83Reuters
Wed, Jun 11
Germany welcomes China-US export deal, hopes for similar progress in EU-US talks
BERLIN, June 11 (Reuters) - Germany welcomes a China-U.S. agreement on easing rare-earth export restrictions and hopes negotiations between the United States and the European Union can progress in a similar way, Chancellor Friedrich Merz said on Wednesday."I expressly welcome it. This is not at ...Reuters
Wed, Jun 11
Blank Check Company 1Rt Acquisition Corp. Files For IPO Of Upto $150 Million
June 11 (Reuters) - BLANK CHECK COMPANY 1RT ACQUISITION CORP. FILES FOR $150 MILLION IN IPO- SEC FILING1RT ACQUISITION CORP: INTEND TO APPLY TO HAVE UNITS LISTED ON NASDAQ UNDER SYMBOL “ONCHU”1RT ACQUISITION CORP SAYS CANTOR IS UNDERWRITER TO IPOSource text: [ID:n0001213900-25-053361]Reuters
Wed, Jun 11
ArcelorMittal's Canadian unit to close Hamilton wire drawing mill, lay off 153 workers
June 11 (Reuters) - Steelmaker ArcelorMittal's MT.LU Canadian long products unit said on Wednesday that it was laying off 153 workers as part of a restructuring of its wire drawing activities.The unit's wire drawing mill in Hamilton, Ontario, will be shut down permanently in the coming weeks...Reuters
Wed, Jun 11
Russia flies bomber planes over Baltic for first time since Ukrainian drone attacks
Russia says foreign aircraft escorted its planes over BalticFirst such flight since audacious Ukrainian attackMoscow says Western countries were complicitBy Mark Trevelyan June 11 (Reuters) - Russia sent Tu-22M3 long-range bomber planes on a flight over the Baltic Sea on Wednesday, the defenc...Reuters
Wed, Jun 11
Trump's FAA nominee vows to hold Boeing 'accountable'
Bedford emphasizes collaboration with Boeing for safety improvementsFAA faces criticism over certification delays, safety cultureGovernment under pressure to modernize air traffic control system after fatal January collisionBy David Shepardson WASHINGTON, June 11 (Reuters) - President Donald ...Reuters
Wed, Jun 11
Troops in Los Angeles can detain but not arrest individuals, military official says
LOS ANGELES, June 11 (Reuters) - U.S. military troops deployed to Los Angeles are allowed to temporarily detain individuals until law enforcement agents arrive to arrest them, a senior U.S. military official said on Wednesday.Major General Scott Sherman, who is leading the deployment of 4,000 Nation...Reuters
Wed, Jun 11
