Disney to add new ship in Tokyo to growing cruise business
The new ship will be modeled after the Wish, the largest vessel in Disney’s fleet. OLC, the operator of Tokyo Disneyland, will also operate the new cruise vessel. Read more
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Congressional Democrats still divided over defiant Biden’s viability
The nonpartisan Cook Political Report today changed its ratings on three of the most competitive states — Arizona, Georgia and Nevada — to “lean Republican” from “toss-up.” Read more
U.S. economy no longer overheated, Fed’s Powell tells Congress
“We are well aware that we now face two-sided risks,” and can no longer focus solely on inflation, Powell told the Senate Banking Committee today. Read more
James Inhofe, former senator and leading conservative, dies at 89
He became the longest-serving and oldest U.S. senator from Oklahoma, retiring in 2023 at age 88, saying he was experiencing long-term effects of COVID-19. Read more
Elite North Korea military trainees visit Russia amid deepening ties
The president of the Kim Il Sung Military University, Kim Geum Chol, is leading the delegation of military training officials and departed by plane on Monday, KCNA state news agency reported. Read more
Japan issues heatstroke warning as ‘cooling shelters’ offer respite
Authorities urged people to avoid physical activity as the environment ministry issued top ‘danger’-level alerts, while media said scores of people were hospitalized, with some dying from heatstroke symptoms over the last few days. Read more
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Federal judge in Alaska resigned after sexual misconduct probe
The 9th Circuit Judicial Council publicly reprimanded and admonished U.S. District Judge Joshua Kindred, an appointee of Republican former President Donald Trump who submitted his resignation from his life-tenured position on Wednesday after joining the bench in 2020. Read more
Trump predicts Biden will stay in presidential race
Trump, 78, said on Monday that Biden, 81, would refuse to quit the campaign because of his ego and noted that the president had the Democratic nomination locked up because of all the convention delegates he won during the Democratic primary elections earlier this year. Read more
S&P 500 and Nasdaq notch record highs; chipmakers climb
Investors worry that waiting too long to cut interest rates could damage the labor market and push the economy into a recession. Read more
South Korea’s Yoon to discuss North’s threat to Europe at NATO summit
Yoon said Seoul would make a decision on weapons support for Ukraine based on how a new military pact between Moscow and Pyongyang plays out. Read more
Biden is not being treated for Parkinson’s, White House says
Concerns that the president might be suffering from an undisclosed illness have risen since Biden’s stumbled in his June 27 debate with Republican Donald Trump. Read more
United Airlines flight loses wheel on takeoff, lands safely
The wheel from United Flight 1001, a Boeing 757-200, was recovered in Los Angeles. “We are investigating what caused this event,” United said. Read more
Paramount, Skydance merger deal ends Redstone era
The companies agreed to a two-step process in which Skydance and its deal partners will acquire National Amusements, which holds the Redstone family’s controlling stake in Paramount, for $2.4 billion in cash. Read more
Treasury expands security reviews for military land deals
A U.S. Treasury official said the department’s notice of proposed rule-making would expand the jurisdiction of the Committee on Foreign Investment to about 227 military installations. Read more
Samsung Electronics workers strike as union voice grows
Low participation and automated production means the strike is unlikely to have a significant impact on output at the world’s biggest memory chipmaker, analysts said. Read more
Storm Beryl knocks out power as it churns across Texas
Beryl, the season’s earliest Category 5 hurricane on record, weakened from a hurricane after pounding the coastal Texas town of Matagorda with dangerous storm surges and heavy rain before moving across Houston. Read more
Boeing to plead guilty to fraud in probe of fatal 737 MAX crashes
The plea deal, which requires a judge’s approval, would brand the planemaker a convicted felon in connection with crashes in Indonesia and Ethiopia over a five-month period in 2018 and 2019 that killed 346 people. Read more
Could Kamala Harris beat Donald Trump in the presidential race?
Vice President Kamala Harris would be President Joe Biden’s natural successor if he bowed to growing pressure and stepped aside as the Democratic candidate in the 2024 election, top Democrats say. Read more
Storm Beryl shifts toward Houston, may gain hurricane strength
The storm was expected to strengthen back into a Category 1 hurricane on Sunday as it travels over warm waters and shifts north-northwest in the afternoon. The NHC issued hurricane warnings across much of the Texas coast. Read more
Biden seeks boost in Pennsylvania as calls for him to step aside mount
Biden, 81, has faced growing calls to end his reelection bid after a halting performance in a June 27 debate with Republican Donald Trump, 78, raised questions about his ability to do the job for another four years. Read more
Record temperatures scorch the West with extreme heat
High temperatures are forecast to meet or exceed daily high records in Washington state, Oregon, California, northern Arizona and central Idaho. Read more
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