Comtex News Network Daily Brief

Summary: North Korean leader Kim Jong Un threatens to unleash Nuclear weapons against South Korea and US; US offers Russia a “substantial proposal” in exchange for WNBA star Brittany Griner and Paul Whelan; Chinese military increasingly taking more risks that could lead to an accident in the South China Sea, according to a Pentagon official.

Summary: DoJ to investigate Donald Trump as part of its criminal probe into his attempts to overturn 2020 presidential election; a rare sign of Bipartisanship as Congress encourages Speaker Nancy Pelosi to travel to Taiwan despite Biden administration's misgivings; EU helps to support Ukraine's energy sector.

Summary: The largest wildfire of the season by Yosemite National Park swept through 17,000 acres; the three signs Bitcoin could be bottoming; EU cuts down on its existing gas supply as Russia further restricts gas flow.

Summary: Myanmar's military executes four democracy activists; a dangerous heatwave breaks records in the US Northeast region; a shooting in a Los Angeles park leaves two dead and five injured.

Summary: Federal Reserve may have to slow down aggressive rate hikes; Italian prime minister Mario Draghi steps down; an unusual object found on Mars?

Summary: US and Israel sign joint pledge to deny nuclear arms to Iran; inflation continues to climb, potentially leading the federal reserve to hike rates even higher; cryptocurrency retail investors lament their losses.

Summary: President Biden seeks to expand Arab-Israeli relations in the Middle East previously established by his predecessor Trump; Sri Lankans ousted the President and PM, so what is next?; Bitcoin reaches lows following White House press secretary's recent comments about higher-than-expected inflation. 

Summary: President Biden signs gun safety legislation into law, but critics want him to be more proactive; how one of the most prominent crypto hedge funds in the world became bankrupt.

Summary: Investigative report summarizes Uber's lobbying tactics to skirt government regulations among other things; Steve Bannon agrees to testify before the January 6 committee; what we know about the Nothing Phone 1 in anticipation of its upcoming launch.

Summary: Brittany Griner's trial resumes in Russia; Elon Musk reportedly fathered twins with a Neurolink executive; a more contagious subvariant of Omicron is sweeping the US.

Summary: Highland Park victim's names revealed, gunman details uncovered; UK prime minister Boris Johnson's leadership questioned as some high-profile ministers resign in protest; the first case of Monkeypox appears in Connecticut.

Summary: A gunman opened fire at an Independence day parade in Illinois yesterday, leaving six dead and 38 injured; Cherelle Griner says she will “not be quiet anymore” as her wife, Basketball player Brittany Griner has been detained in Russia for over 140 days; NASA aims to bring back rock, soil, and atmosphere samples in the early 2030s to study, more revealed.

Summary: NYC woman fatally shot in the head while pushing stroller Wednesday night; NATO officially invites Sweden and Finland to join its alliance; Ukraine claims they have ousted Russian troops from Snake Island.

Summary: Opinion piece about Tuesday's January 6 testimony from Cassidy Hutchinson, former aide to Mark Meadows; Russia continues with airstrikes as NATO strategizes in Madrid; President Biden announces increased military presence in Poland.

Summary: 46 migrants found dead in a truck in San Antonio, more details uncovered; G7 leaders pledge to support Ukraine “for as long as it takes,” while Russia continues its attacks; Is the new 2022 MacBook Pro M1's SSD faster than the 2020 M1 version?

Summary: Mystery surrounds the deaths of 20 people at South African nightclub; Russia defaults on its foreign debt for the first time in over a century; initial gains from US stock futures last week regressed after recent data showed higher than expected rise in durable goods orders for month of May.   

Summary: details about fatal shooting at a San Francisco train station that took place Wednesday morning revealed; a 6.1 magnitude earthquake rocks Eastern Afghanistan and the Taliban, killing more than one thousand people and injuring more; EU set to approve Ukraine's candidacy, in a blow to Russia.

Summary: President Joe Biden proposes suspending federal gas tax as gas prices continue to soar; more information uncovered about taxi cab that crashed into a Manhattan building and injured six people in New York City on Monday; what Fed Reserve should do to beat inflation according to CNBC's Jim Cramer.

Summary: Ukraine awaits candidate status from EU, while Russia comments on the two American veterans who disappeared in Ukraine; Texas GOP adopts resolution rejecting President Joe Biden as winner of 2020 presidential election.

Summary: US military raid captures top ISIS leader in Syria; US Defense Secretary Lloyd Austin says Ukraine is facing a “pivotal moment” in its war with Russia, as Ukraine struggles to maintain control of the Donbas while awaiting more heavy weaponry; stock market reacts after Fed reserve's rate hike announcement, but some stocks to consider despite current conditions. 

Summary: Stocks rise in anticipation of Fed reserve's rate hike announcement; Ukraine resists Russia's ultimatum to surrender Sieverodonetsk; the city of Cincinnati experiences worst power outage in 10 years due to storms on Monday night, leaving more than 165,000 people without electricity and causing grocery stores to throw out perishable foods.

Summary: US stocks plunge into bear market in reaction to Fed reserve's rate hike announcement; Coinbase lays off about one-fifth of its workforce after dismal downturn in stocks and crypto prices; Taiwan affirms US Warships can pass through Taiwan strait, rebuffing China's claim of having sovereign jurisdiction.    

Summary: NK leader Kim Jong Un pushes for unity in the face of rising Covid infections and economic difficulties by cracking down on officials he suspects are abusing their power; investors brace for another aggressive interest rate hike by Fed reserve as inflation shows no signs of fading; Apple's iPhone 14 rumored to get a major front-facing camera upgrade, more details revealed.

Summary: Jan. 6 committee begins national reckoning Thursday night, but will they succeed in holding Donald Trump accountable?; House of Representatives passes gun-control bill in congress following recent tragic shootings across the country; Biden administration outlines strategy for making Covid vaccines accessible to children under 5 nationwide.

Summary: Somalians suffer casualties from malnutrition as country faces its worst drought in four decades; Actor & Uvalde native Matthew McConaughey advocates for gun safety at the White House; an editorial piece by the Miami Herald tells about the recently solved cold case of the “Pillowcase rapist”

Summary: Rectal cancer study reveals promising results; Proud Boys leader is indicted for involvement in the Jan 6 riot, more details revealed; UK Prime Minister Boris Johnson wins confidence vote, still faces fierce opposition.

Summary: UK joins US in sending weapons to assist Ukraine in war against Russia; a string of gun violence incidents in the US took place over the weekend across the country, the most notable one taking place in Philadelphia and Chattanooga; the six big announcements expected at Apple's WWDC, starting today.

Summary: Russia accuses US of “adding fuel to the fire” after President Joe Biden's announcement that Ukraine will receive “more advanced rocket systems and munitions”; local food pantries across the country are feeling the pain from skyrocketing inflation. Here's a spotlight into a food pantry in Eastern Kentucky; an opinion piece arguing the case for keeping WFH, after Elon Musk's recent announcement that all Tesla employees must return to office.

Summary: the first of many funerals for victims of the Uvalde mass shooting took place on Tuesday; Hurricane Agatha's arrival in Southern Mexico causes flooding and mudslides, killing 11 with 20 missing; leaked details surrounding Samsung's Galaxy Z Fold 4 design revealed. 

Summary: Capturing eastern Ukrainian city is a “race against time” for Kremlin, as Western weapons make its way over to assist Ukrainian fighters; Fire at Omaha chemical company kept firefighters busy all night, nearby residents evacuated last night. 

Summary: Details about latest school shooting in Uvalde, Texas, the deadliest shooting in Texas to date; North Korea tests more intercontinental ballistic missiles hours after US President Joe Biden reaffirms commitment to defend allies against North Korean nuclear threats during a trip to Asia; rising food prices globally becomes side effect of war in Ukraine, Russian blockade could potentially cause ‘multi-year' food crisis in Ukraine if not lifted.

Summary: NY state assembly approves bill mandating camera surveillance at all NYC subway stations in light of rising deaths and homicides; Snap shares plunge, investors wonder if it's time to jump ship; 200 bodies were found in a basement in Mariupol, following end of month-long siege.

Summary: President Biden makes a strong warning against China in case of potential invasion of Taiwan, catching top US administration officials off-guard; Monkeypox cases increase in Europe, disease experts speculate nature of transmission; the largest asteroid to date to travel past the Earth's orbit this week. 

Summary: How did the Monkeypox outbreak go undetected by health officials in Europe and UK; High demand for chicken breasts means cheaper wings according to Wingstop CEO; Voyager 1's Aircraft is sending strange signals back to Earth. 

Summary: NATO welcomes Sweden and Finland in applying for membership, expecting to expedite their applications despite Turkey's reservations; Russia claims Ukrainian troops have surrendered in battered-Mariupol; Congress gains insight into Unidentified Aerial Phenomena for the first time since 1966.

Summary: The repercussions of "The Great Replacement" theory and how it manifests in acts of violence; internal squabble between the Pentagon and intelligence agencies over revealing information about extraterrestrial activity to Congress; a recap of a recent 3-day international Bitcoin conference hosted in El Salvador, teaching central bankers from developing countries how to integrate Bitcoin into their businesses.

Summary: Details emerge surrounding recent shooting in Buffalo, NY; scientists hypothesize cause of mysterious rise in child hepatitis cases in US and Europe; how will US airlines make up for current pilot shortage?

Summary: Coinbase releases dismal first quarter earnings report, raising question of whether customers will lose their crypto if bankruptcy were an option; Finland breaks decades-old neutrality and applies for NATO membership, defying Russian warnings; North Korea orders a strict lockdown for the first time as Omicron makes its rounds.

Summary: Ukraine blocks flow of Russian oil to rest of Europe, driving up natural gas prices throughout Europe; Elon Musk flirts with the possibility of reinstating Donald Trump's Twitter account; Bitcoin becoming more difficult to mine.

Summary: Large tech stocks sell-off following raising of interest rates; investors move toward safer companies; Webb telescope's newly-released images give a sharper insight into space; Two Mexican journalists gunned down in a rising wave of murders the Mexican government has neglected to address.

Summary: More sanctions targeting Russian state media, businesses, and elite who help fund the war in Ukraine; White House estimates more Covid infections this Fall and Winter if no further action is taken, current cases have increased by 50% in the past week in 8 states; this year's Kentucky Derby is highest bet to date, stunning upset performed by lowest bet horse in race.

Summary: Democrats pledge to codify abortion federally, despite slim majority; The case for an African version of Twitter, post-Musk acquisition; OPEC+ anticipates slight increase in oil production for June, yet not enough to fill the gap caused by Russian oil sanctions.

Summary: EU announces total phase out of Russian oil by end of year and set to remove Russia's largest bank from SWIFT; North Korea launches ballistic missile as South Korea begins new term with conservative president; Fed Reserve raises rates by half-point, raising questions about tougher enforcement in effort to curb inflation. 

Summary: Leaked draft from Supreme Court suggests overturn of Roe V. Wade; Biden administration announces $3.16 billion in grant money to spur American battery manufacturing; Space X's Falcon 9 completes sixth launch in a month, not without FAA delays.

Summary: Queens delivery man fatally shot; “Streaking fireball” spotted in three southern states; Exxon mobil accused of deliberately misleading consumers over recyclable plastics by California's Attorney General.

Summary: The effects of Russian energy retaliation in Europe and the rest of the world, cracks emerge within the West's united front; Twitter employees react to Musk's takeover; What's inside of Apple's brand-new DIY iPhone repair kits?

Summary: Russia cuts off gas supplies for Poland and Bulgaria; rising mortgage rates in the US; Fidelity to offer Bitcoin as part of 401(k) portfolio. 

Summary: What happened to CNN+; Elon Musk buys Twitter.

Summary: French presidential election results; an opinion on the right to pray; fire erupts by Ukraine-Russia Border.

Summary: Queens mother's alleged murderer is arrested; Netflix reports its first net loss in over ten years; Physical altercation involving Mike Tyson and a plane passenger goes viral.

Summary: Putin orders troops to halt storming of Mariupol; US imposes sanctions on the first crypto mining company; Could Bitcoin be poised to fall further?