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Asian shares are mostly higher as investors turn their attention to what the Bank of Japan might decide on monetary policy later this week. Shares fell slightly Thursday in Tokyo and Shanghai, but rose in the rest of Asia. U.S. stocks climbed Wednesday following a surprisingly encouraging update on inflation and a reassurance that the Fed still sees a cut to interest rates as likely this year.  The S&P 500 climbed 0.9% on Wednesday to add to its all-time high set a day before. The Nasdaq composite rose 1.5%, and the Dow slipped 0.1%. U.S. Treasury yields and oil prices dropped.

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Argentina’s Senate began what’s likely to be an all-night voting marathon on the details of President Javier Milei’s sweeping proposals to slash spending and boost his own powers after giving the plan overall approval in a narrow vote. But as of early Thursday, the shape those reforms would take remained unclear as lawmakers began voting article by article on scores of deregulation measures. Senators voted 37 to 36 late Wednesday to provisionally approve the two bills after a daylong heated debate while thousands of protesters poured into the streets, clashing with police officers, burning cars and throwing Molotov cocktails. Hundreds of federal security forces pushed back with rounds of tear gas and water cannons.

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The leaders of the Group of Seven wealthy democracies have agreed to engineer a $50 billion loan to help Ukraine in its fight for survival. The plan is to use windfall profits from Russia’s roughly $300 billion in frozen central bank assets as collateral for the loan. The details on how the loan will be provided have yet to be hashed out. But a French official says the $50 billion should reach Ukraine before the end of the year. The deal is to be formally announced this week at a G7 summit in Italy.

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Eight former employees sued SpaceX and its CEO Elon Musk, alleging that Musk ordered them fired after they challenged what they called rampant sexual harassment, a hostile “Animal House”-style work environment at the company and Musk's role in creating that atmosphere. The employees, who filed suit in a California state court, detailed their complaints in a 2022 open letter to management they shared via a company intranet. The next day, four of the plaintiffs were fired, they alleged; others were terminated later after an internal investigation. In January, the federal National Labor Relations Board filed its own complaint against SpaceX on behalf of the fired employees.

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Celebrities are increasingly lending their star power to President Joe Biden, hoping to energize their fans to vote for him in November and entice donors to pony up for his campaign. Hollywood superstars George Clooney and Julia Roberts will team up with former President Barack Obama at a Los Angeles fundraiser for Biden this weekend. And director Steven Spielberg is helping to produce a video celebrating the president for the Democratic National Convention later this summer. For all of the Biden campaign’s effort to line up celebrity supporters, though, there’s little expectation they can determine votes. Rather, they can inject excitement that helps energize supporters.

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A group of Ukrainian winemakers has visited California’s Napa Valley to learn about organic farming and how to heal land scarred by bombs and littered with mines. The six vintners visited the Grgich Hills Estate winery last week to learn about regenerative organic farming. The trip was made possible with the help of Rotary International and Roots of Peace, a nonprofit that helps remove landmines and convert war-ravaged land into vineyards, orchards and vegetable fields.

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A Group of Seven summit is opening in Italy with agreement on a U.S. proposal to back a $50 billion loan to Ukraine using frozen Russian assets as collateral. Diplomatic sources confirmed an agreement had been reached on the deal before the leaders even landed in southern Italy for the three-day summit opening Thursday. Beyond the Ukraine war, Pope Francis will become the first pope to address a G7 summit. He’ll be speaking Friday about the promises and perils of artificial intelligence, but is expected to also renew his appeal for a peaceful end to wars in Ukraine and Gaza.

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Asian shares are mostly higher as investors turned their attention to what the Bank of Japan might decide on monetary policy later this week. Shares fell slightly in Tokyo and Shanghai, but rose in the rest of Asia. U.S. stocks climbed Wednesday following a surprisingly encouraging update on inflation and a reassurance that the Fed still sees a cut to interest rates as likely this year.  The S&P 500 climbed 0.9% on Wednesday to add to its all-time high set a day before. The Nasdaq composite rose 1.5%, and the Dow slipped 0.1%. U.S. Treasury yields dropped. Prices of everything from bitcoin to gold rallied after the inflation data raised expectations for coming cuts to interest rates.

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Florida Gov. Ron DeSantis’ appointees have given final approval to an agreement that buries the hatchet between Disney and the governing district for Walt Disney World. The governor took over the district after the company two years ago publicly opposed a state law critics dubbed “Don’t Say Gay.” The five DeSantis-appointed board members to the Central Florida Tourism Oversight District voted unanimously on Wednesday to approve a new development deal with Disney. Under the deal's terms, the district committed to making infrastructure improvements in exchange for Disney investing up to $17 billion into Disney World over the next two decades.

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Arlington, Virginia, June 12, 2024 (GLOBE NEWSWIRE) -- As leaders in the medical device industry seek ways to optimize the application of ethylene oxide (EO) sterilization, it is more important than ever to ensure that medical device manufacturers and healthcare facilities are following up t…

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Several immigrant advocacy groups are suing the Biden administration over President Joe Biden's directive last week to stop asylum processing at the southern border. They say it's no different than a similar ban under the Trump administration that was ultimately blocked in the courts. Biden's order limits asylum claims once encounters with migrants between ports of entry reach 2,500 per day. It went into effect immediately. Lee Gelernt, who is leading the legal challenge, says the groups had “no choice” but to sue because it was “legally indistinguishable” from former President Donald Trump's actions.

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After organizers for Nathan’s Famous Fourth of July hot dog eating contest said Joey Chestnut wouldn’t compete this year due to a deal with a rival brand, Netflix swiftly announced a new hot dog-eating competition that will feature Chestnut and his “fiercest rival.” Chestnut, a 16-time hot dog-eating champion, will face off with his frequent Nathan’s competitor, Takeru Kobayashi, in a live Netflix special on Sept. 2, the streamer announced Wednesday. The contest, titled “Chestnut vs. Kobayashi: Unfinished Beef,” will feature the two chowing down on all-beef hot dogs, likely in a nod to reports that Chestnut’s rival brand deal is with Impossible Foods, which makes vegan hot dogs.

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The House has voted to hold Attorney General Merrick Garland in contempt of Congress for refusing to turn over audio of President Joe Biden’s interview in his classified documents case. It is a move that comes just weeks after the White House blocked release of the recording to lawmakers. The contempt action represents House Republicans’ latest and strongest rebuke of the Justice Department and of Garland’s leadership. And it's playing out against the backdrop of an extraordinary conflict over the rule of law that has animated the presidential campaign. But it is unlikely that the Justice Department — which Garland oversees — would prosecute him.

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Across the U.S., thieves have been targeting electric-vehicle charging stations, intent on stealing the cables, which contain copper wiring. The price of copper is near a record high on global markets, which means criminals stand to collect rising sums of cash from selling the material. The stolen cables often disable entire charging stations. Broken-down chargers have emerged as the latest obstacle for U.S. automakers in their effort to convert more Americans to EVs despite public anxiety about a scarcity of charging stations. If even finding a charging station doesn’t necessarily mean finding functioning cables, it becomes another reason for buyers to stick with gasoline-fueled or hybrid vehicles, at least for now.

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LAS VEGAS, June 12, 2024 (GLOBE NEWSWIRE) -- Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNH) (“Planet 13” or the “Company”), a leading vertically-integrated multi-state cannabis company, today announced the appointment of David Loop, the former Chief Executive Officer of VidaCann LLC (“Vid…