LOS ANGELES

Jun 12 2026TECHNOLOGY

Big Tech Bet: A $41 Billion AI Lab for Real-World Building

Five years after handing over Amazon’s CEO title, Jeff Bezos is betting again. This time not on another online store or streaming service, but on teaching robots how to design jet engines, smartphones, and skyscrapers faster than human teams can today. His new company, Prometheus, just pocketed $12

reading time less than a minute
Jun 12 2026BUSINESS

Ride-hailing giants lock horns with New York over driver rules

Two major ride-hailing platforms are using the courts to challenge a fresh set of local rules in New York City. The new law, scheduled to start at the end of July, would make it harder for companies to remove drivers from their apps unless they can prove a clear financial need or misconduct. That fo

reading time less than a minute
Jun 12 2026CRIME

Court rules Saudi spy case took wrong turn in trial location

A man once trusted to shape Twitter's voice in the Middle East found himself in the middle of a legal storm after allegedly sharing secrets with a foreign government. Ahmad Abouammo, who worked at Twitter between 2013 and 2015, faced accusations of leaking private information about two Saudi critics

reading time less than a minute
Jun 12 2026POLITICS

Midterm elections set to break spending records

Next year's U. S. midterm elections are expected to cost $11. 6 billion in political ads, crushing previous records. This surge mostly comes from tight Senate races where small margins could flip control of Congress. Ohio, Texas, and Maine are leading the spending race, with Ohio alone reaching $749

reading time less than a minute
Jun 12 2026POLITICS

Lebanon’s tough choices: Balancing talks with Israel and Iran’s strings

Lebanon faces a tough balancing act. It must negotiate an end to its border war with Israel while also dealing with Iran pushing its own agenda. Iran sees Lebanon as its last stronghold in the region. This is a big deal because Syria, another key ally, lost its grip on power in 2024. Lebanon is now

reading time less than a minute
Jun 12 2026SPORTS

Big Events Need Big Fans. This World Cup is struggling to fill the seats.

A major soccer tournament was supposed to bring a surge of visitors to America, but so far, hotels and airlines are still waiting. Fewer fans than expected have booked flights or rooms, even as match day approaches. Prices for tickets and travel have jumped, making it hard for regular fans to afford

reading time less than a minute
Jun 12 2026FINANCE

Oracle’s big spending plans worry investors

Oracle recently saw its stock price drop sharply after announcing plans to borrow and sell shares worth around $40 billion. The goal is to fund massive investments in artificial intelligence and new data centers. While the company’s latest earnings report looked strong—beating revenue and profit for

reading time less than a minute
Jun 12 2026FINANCE

Fixing Global Trade Finance: Why Old Systems Are Failing and New Tech Could Help

For years, global trade finance has relied on outdated systems built for slower, simpler times. Banks and companies still shuffle paper documents, send messages through clunky networks, and check compliance the same way they did decades ago. This old way of doing things creates huge problems: trades

reading time less than a minute
Jun 12 2026HEALTH

Why some quit-smoking programs reach people better than others

Food insecurity is a tough daily fight, yet quitting smoking can feel even tougher for those who live with it. A new look at an earlier study shows how people dealing with both issues were invited to try a phone-based quit-smoking program. Some got the invite face-to-face and others saw it online. T

reading time less than a minute
Jun 12 2026TECHNOLOGY

How AI is pushing power and tech limits in the US

The push for AI growth in America has exposed two big problems: keeping power flowing and getting the right gear fast enough. New AI data centers need so much electricity and special parts that builders can’t keep up. This slowdown threatens the big tech plans that depend on these facilities. One s

reading time less than a minute