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Pentagon estimates Iran conflict has cost the United States $37.5 billion

U.S. Defense Secretary Pete Hegseth has told lawmakers that the military campaign involving Iran has cost the United States an estimated $37.5 billion so far, reflecting a significant increase from previous projections and reinforcing the administration's call for additional defense funding. Speaking......

US launches $5 billion AI initiative to advance health and construction research

The United States government has announced a $5 billion investment aimed at using artificial intelligence to address major scientific challenges in fields including healthcare, pharmaceuticals and construction, as part of a broader effort to accelerate research through advanced technologies. The initiative,......

Bloomsbury to receive compensation under landmark $1.5 billion Anthropic copyright settlement

Bloomsbury Publishing has confirmed it will receive compensation as part of a landmark $1.5 billion settlement resolving claims that artificial intelligence company Anthropic used copyrighted books to train its AI models without obtaining the necessary licenses. The agreement, approved by a U.S. federal......

Amgen agrees to $74 million settlement in shareholder lawsuit over tax disclosure claims

Biotechnology giant Amgen has agreed to a $74 million settlement in a shareholder lawsuit alleging that the company delayed disclosing a potential $10.7 billion tax liability linked to claims of underreported taxes. The proposed settlement, filed in a federal court in Manhattan, still requires approval......

Meliá ends operations in Cuba after more than three decades amid US pressure

Spanish hospitality giant Meliá Hotels International has announced it will end all of its remaining operations in Cuba on July 24, marking the conclusion of more than 30 years of activity on the Caribbean island as geopolitical pressures reshape the tourism landscape. The withdrawal represents......

US banks poised to support Japan’s $550 billion investment initiative in the United States

Major U.S. banks, including JPMorgan, are nearing agreements to help finance projects under Japan's $550 billion investment commitment in the United States, marking a significant step in implementing one of the largest cross-border investment initiatives between the two allies. According to sources......

Boeing challenges Airbus loan package as US-EU aircraft subsidy tensions return

Boeing has urged the United States government to seek further explanations from the European Union over a €3 billion ($3.43 billion) loan package granted to Airbus, reopening a long-running dispute over aircraft subsidies between the two aerospace giants. The American aircraft manufacturer has......

Man arrested after suspected arson attack outside federal building in New York

A man has been arrested after allegedly starting a fire outside a federal building in New York, an incident that left two people with minor injuries and prompted an immediate response from law enforcement agencies. The incident occurred Monday at the entrance of 26 Federal Plaza, a government facility......

US appeals court overturns class action status in Boeing 737 MAX 9 shareholder lawsuit

A U.S. federal appeals court has overturned the class-action certification in a shareholder lawsuit against Boeing, dealing a procedural victory to the aircraft manufacturer in litigation stemming from the Alaska Airlines 737 MAX 9 mid-air cabin panel blowout. The ruling, issued by the 4th U.S. Circuit......

US accuses Cuba of decades-long espionage and subversion campaign

The United States has intensified its pressure on Cuba, accusing the island's communist government of conducting a decades-long campaign of espionage, infiltration and subversive activities aimed at undermining American interests. In a newly released report, the US State Department alleged that......

Tempus to acquire Personalis in $1.5 billion deal to strengthen AI-driven cancer diagnostics

Tempus AI is expanding its presence in precision oncology through a $1.5 billion acquisition of Personalis, a transaction designed to enhance its portfolio of AI-powered cancer diagnostics and genomic testing technologies. The agreement marks another significant step in the growing convergence of artificial......

FIFA identifies 7 million abusive social media posts during 2026 World Cup

FIFA has revealed that its Social Media Protection Service (SMPS) detected more than 7 million potentially abusive or harmful posts and comments targeting players, coaches, officials and teams during the 2026 FIFA World Cup. The figures illustrate the growing challenge of online harassment surrounding......

Canada prepares emergency evacuation as wildfires spread smoke across North America

Canadian authorities are preparing to evacuate the remote community of Fort Hope in northwestern Ontario as rapidly spreading wildfires threaten the area and send dense smoke across large parts of North America. The evacuation operation will involve the Canadian Armed Forces, which is deploying aircraft......

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