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Air Canada Captain Charged After Flying 900+ Flights Without License
Geoffrey Wall charged with fraud after flying 900+ Air Canada flights without required airline transport pilot license in 17-year deception.
Pulitzer Prize Historian Gordon S. Wood Dies at 92 in Rhode Island
Pulitzer Prize-winning historian Gordon S. Wood, renowned for his work on the American Revolution, dies at 92 in East Providence, Rhode Island.
S&P 500 Falls 1.62% as Chip Stocks Plunge, Iran Tensions Rise
S&P 500 fell 1.62% to 7,266.99 on June 9 as chip stocks plunged and Iran tensions spiked. CPI inflation hit 4.2% annually, raising rate hike concerns.
Kioxia Stock Plunges 7.8% on June 11 as Chip Rally Fizzles
Kioxia stock fell 7.8% to ¥70,500 on June 10 amid chip sector weakness and profit-taking after AI-driven rally.
Bologna Max Bakery Files for Bankruptcy on June 11 After Boom Ends
Bologna Max, a luxury Danish bread maker in Saga, Japan, ceased operations with 410 million yen debt due to pandemic and inflation pressures.
Macron Chairs G7-China Trade Talk on Economic Imbalances, June 11
Macron chairs G7-China video call on trade imbalances. Discussion includes IMF and emerging economies. G7 summit follows in Evian next week.
Gold Slides 3.6% After US-Iran Clashes Reignite Rate Hike Bets, June 11
Gold futures fell 3.6% to $4,133.30 after US-Iran tensions renewed inflation concerns and rate hike bets. Spot gold dropped 4.5% to $4,070.56.
Pentagon Adds BYD, Alibaba, Baidu to Military List, June 11
Pentagon designates BYD, Alibaba, and Baidu as Chinese military companies. Stocks fall 1-3.6% as U.S. restricts defense contracts with the firms.
SpaceX IPO Prices at $135 Per Share, Sets June 12 Nasdaq Debut
SpaceX IPO priced at $135 per share on June 11, raising $75 billion at $1.75 trillion valuation. Nasdaq debut scheduled for June 12 under ticker SPCX.