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Apollo’s Rowan warns of correction risk and insurer contagion
The Apollo CEO said the economy looks strong but faces a higher chance of outside shocks, prompting the firm to raise cash and cut riskier credit exposure
Trump threatens stronger Iran strikes, says direct talks are premature
The president paused a U.S. escort mission in the Strait of Hormuz to give Pakistan-brokered negotiations more time, but said the naval blockade remains in force
Ted Turner, CNN founder and cable news pioneer, dies at 87
Turner built a media empire that included CNN, TBS, TNT and Turner Classic Movies, owned Atlanta sports teams and became a major philanthropist
Trump-backed challengers oust Indiana GOP senators after redistricting fight
Five Trump-endorsed candidates defeated Republican state senators who opposed his push to redraw Indiana’s congressional map ahead of the midterms
Trump warns Iran of heavier bombing if peace deal fails
Washington expects Tehran’s response on key points within 48 hours, according to a report, as talks focus on sanctions, nuclear enrichment and the Strait of Hormuz
Vancouver World Cup plans focus on transit, road closures as first match nears
Officials are outlining how fans, residents and businesses should prepare before seven matches at B.C. Place bring major crowds downtown starting June 13
Hegseth says Iran ceasefire still holds after Strait exchange
The defense secretary said U.S. escorts for commercial ships are separate from the broader conflict, even after Iranian fire and a U.S. strike on small boats
Up to 150 former WHSmith high street stores face closure
Owner Modella Capital says the TGJones restructuring is needed after difficult trading, with hundreds of jobs at risk but no final decision on roles
HHS confirms FDA withdrew studies on Covid and shingles vaccine safety
An HHS spokesperson said the studies drew conclusions not supported by the data; reporting cited FDA work with firms to analyze millions of patient records
Education Department opens Title IX probe of Smith College over trans admissions
Federal civil rights officials are examining whether the Massachusetts women’s college can admit transgender women while retaining Title IX’s single-sex exemption