Minnesota shooting suspect planned to target two more lawmakers,...
Minnesota shooting suspect planned to target two more lawmakers, prosecutors say. Prosecutors revealed more details about actions they believe were taken by Vance Boelter, the man accused of killing one Minnesota lawmaker along with her husband and injuring another politician and his wife, as they brought federal charges of murder and stalking (he’s already facing state charges). They allege Boelter visited the homes of two more state legislators the night of the shooting with plans to target them as well, but one was on vacation, and he fled after police arrived at the home of the other. Boelter, who was found by police Sunday after a manhunt, is being held without bail until a court appearance next week.
President Trump and UK Prime Minister Keir Starmer said yesterday that they’re signing a trade deal to lower tariffs—but the deal does not include steel, a key part of trade between the two countries.
Kering, the French fashion house that owns Gucci, has reportedly tapped Luca de Meo, who was previously selling cars (rather than handbags that cost as much as cars) as the CEO of Renault, to be its new chief executive.
President Trump ordered ICE to expand efforts to deport undocumented immigrants in cities including Los Angeles, Chicago, and New York, which he described along with other cities as the “core of the Democrat Power Center.”
OpenAI scored a $200 million contract to provide the Defense Department with AI tools. It’s also reportedly mulled accusing Microsoft, a major investor, of engaging in anticompetitive behavior.
The Senate released details of its version of the Republican tax megabill, but the SALT deduction may still be up for debate.
ADNOC, Carlyle Offer $18.8B for Australia's Santos Ltd.
Santos Ltd. has received a non-binding proposal from a consortium of...
Santos Ltd. has received a non-binding proposal from a consortium of buyers valuing the Australian oil and natural gas producer at $18.78 billion, the company said in a June 15 press release.
The XRG Consortium—led by Abu Dhabi National Oil Co. (ADNOC), which includes subsidiary Abu Dhabi Development Holding Co. and Carlyle—offered Santos $5.76 (AUD$8.89) per share— a 28% premium over the company’s June 13 closing price.
The company said the offer is the third made by a consortium for Santos, but the first made public. Santos' operations include oil, natural gas, and LNG projects in Australia and the Pikka Phase 1 oil project on the North Slope in Alaska.
Santos said it received the offer on June 13 and described the proposal as a “final non-binding indicative offer” that followed two confidential offers in March: the first for $5.04 per share; the second for $8.60 per share.
Minnesota lawmakers targeted in “politically motivated attack”; suspect apprehended
Authorities say that around 2am local time on Saturday, Minnesota State...
Authorities say that around 2am local time on Saturday, Minnesota State Senator John Hoffman and his wife, Yvette, were shot multiple times at their home in Champlin, and that the same attacker then went to the house of State Representative Melissa Hortman in nearby Brooklyn Park, where he murdered her and her husband, Mark. Police engaged the suspect at Hortman’s home. He fled, but left a vehicle flashing lights that contained a manifesto listing 50 to 70 names of potential targets, many of whom were abortion rights supporters. Police caught the alleged shooter, 57-year-old Vance Luther Boelter, on Sunday evening after a manhunt that lasted more than 24 hours. The Hoffmans survived and underwent surgery to treat their wounds; John was shot nine times; Yvette, eight.
President Trump and other heads of state are meeting in Alberta for the ...
President Trump and other heads of state are meeting in Alberta for the annual G7 summit—the first of Trump’s second term. The Israel–Iran conflict is expected to dominate the agenda, but the global economy and tariffs will also draw considerable attention, with Trump’s self-imposed July 9 trade-deal deadline fast approaching. NATO Secretary General Mark Rutte and Ukrainian President Volodymyr Zelensky are expected to join the summit on Tuesday.
The Fed meets as inflation and the labor market cool: Federal...
The Fed meets as inflation and the labor market cool: Federal Reserve Chair Jerome Powell is expected to hold interest rates steady following the central bank’s Wednesday meeting, continuing a wait-and-see approach due to the fog of uncertainty hanging over the economy. That could provoke an angry response from President Trump, who recently called Powell a “numbskull” for not lowering rates already. Yet a growing number of analysts say the Fed could start thinking about dropping rates soon, given that inflation has stayed cool and the labor market is showing signs of weakness.
