The News Saudi Aramco’s second-quarter profit increased 33% from a year earlier, as higher oil prices and strong refining margins helped offset lower export volumes. Thanks to decades of investment in energy infrastructure, the world’s biggest crude exporter has been able to keep oil flowing, despite disruptions to the Strait ...
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Battleground Democrats try to stay above their party’s frayBattleground Democrats try to stay above their party’s fray
The News KALAMAZOO, Mich. — While some Democratic candidates tear each other apart over the future of their party, Sean McCann is part of a quieter group attempting to stay above the fray. It’s tempting to try to call these Democrats part of a new center-left, but their campaign strategies this ...
Michigan Senate and 10 other races to watchMichigan Senate and 10 other races to watch
The News What are the stakes of today’s election for America’s progressive movement? What do they mean for the Democratic Party? Let the Incredible Hulk explain. “This is what we started in 2016,” Mark Ruffalo said on a Sunday night call organized by supporters of the left-wing candidates in Michigan’s ...
White House silent on public release of its AI frameworkWhite House silent on public release of its AI framework
The White House is not commenting on whether it plans to publicly release the framework for voluntary reviews of advanced AI models that it plans to brief companies on later today. AI firms including Anthropic, OpenAI, Google and Meta have yet to see details of the framework ahead of today’s ...
China’s maritime playbook for AIChina’s maritime playbook for AI
Andy’s view The US lawyer Paul Reichler has made a career defending the underdog. When I first met him a decade ago, he was poring over antique navigation charts and hydrological surveys of the South China Sea, preparing to take on China in a case brought by the Philippines under ...
Shipping threats rise despite war lull, analysts warnShipping threats rise despite war lull, analysts warn
Oil prices fell Monday even as diplomatic efforts to end the US-Iran war and reopen the Strait of Hormuz sputtered. Iran and Oman are discussing a temporary route for commercial shipping, but analysts sounded the alarm over worsening risks for tankers: A Kpler analyst said threats to crude shipping were ...
Trump shrugs off growing pressure to intervene in Miller scandalTrump shrugs off growing pressure to intervene in Miller scandal
The News President Donald Trump is — for the moment — spurning pressure from his allies to intervene in Rep. Max Miller’s race as the party races against a Wednesday deadline for the embattled Ohio Republican to drop out. Trump is staying out of the controversy over domestic abuse allegations ...
FAA certifies Boeing 737 Max 7FAA certifies Boeing 737 Max 7
The US Federal Aviation Administration certified Boeing’s 737 Max 7 on Monday after years of delays, boosting the beleaguered aerospace firm’s push to restore its once-sterling reputation. The certification — and several more Boeing is targeting this year — are crucial in getting the company back to profitability, after two ...
US and Japan vow further yen actionUS and Japan vow further yen action
Following a historic effort to prop up the yen and prevent economic spillover, Japanese and American leaders vowed to intervene further if needed. Japan’s top currency diplomat called the joint action the “culmination” of the US-Japan alliance, while President Donald Trump said it was a “signal of friendship.” The action ...
US-Iran diplomatic efforts collapseUS-Iran diplomatic efforts collapse
Diplomatic efforts to end the Iran war ruptured on Monday after Tehran denied negotiations would take place, and US President Donald Trump described the country’s leaders as “unbelievably duplicitous.” Trump had previously said talks would resume Monday, but later vowed to blockade Iran until “a Deal, or Total Surrender, is ...