Author: Press Room

CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesShares of SoftBank fell 10% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector. Other Asian tech giants also saw their share prices fall.While the Japanese investment giant recently overtook Toyota Motor as Japan’s most valuable company, there are market concerns over SoftBank’s high-risk bets on AI, even as its share price has risen about 70%…

Israel and Lebanon have agreed to renew their cease-fire and work toward a “comprehensive” agreement, the two nations announced on Wednesday in a joint statement with the United States.While the announcement may help to remove an obstacle in the talks between the United States and Iran, the agreement depends on the cooperation of Hezbollah, the Iran-backed Lebanese militant group fighting Israel. Hezbollah is not a part of, or controlled by, the Lebanese government and is not a party to either set of negotiations.“The cease-fire is contingent on a complete cessation of Hezbollah fire and the evacuation of all Hezbollah operatives…

Iran’s preparations for the upcoming World Cup in North America have unfolded against the backdrop of war, bellicose language and continuing doubts the national team will receive visas in time.The unease has already led to summits between Iranian officials and the top leaders of soccer’s governing body. At the center of it has been Mehdi Taj, the longtime president of Iran’s soccer federation.In a rare interview, Mr. Taj, a former commander in the Islamic Revolutionary Guards Corps, left little doubt whom he blames for the complications.As Iran’s national team prepared to set off for Mexico instead of the United States,…

Barack Obama first came to national fame more than two decades ago with a stirring speech declaring that there was not a red America and a blue America, only a United States of America. And yet, all these years later, Mr. Obama is about to open a presidential museum that seems to prove the opposite.It would be hard to visit the Obama Presidential Center, which has risen on Chicago’s South Side, and not come away thinking that there really are separate Americas. It is a trip to a parallel universe, one suffused in earnest talk of hope and change, not…

By Craig Lord The Canadian Press Posted June 3, 2026 6:37 pm 1 min read Descrease article font size Increase article font size The federal government plans to extend measures to support the domestic steel and aluminum industry through tariff headwinds for another year. Finance Canada says a remission program that pays back certain firms for Canadian tariffs on steel and aluminum from the United States will be extended until the end of June 2027.Steel imports from countries except the United States and Mexico will also continue to be hit with 50 per cent tariffs above a certain quota for…

NEWYou can now listen to Fox News articles! The New York Knicks began their pursuit of their first title since 1973 on Wednesday night in a matchup against Victor Wembanyama and the San Antonio Spurs.The Spurs clung to a seven-point lead at halftime, setting up a back-and-forth second half and a tight fourth quarter. But amid the tension of a tightly contested fourth quarter, an overexcited fan briefly stole the spotlight in pursuit of what he hoped would be a once-in-a-lifetime photo.The unidentified fan ran onto the court midway through the game’s final quarter, appearing to try to take a…

SWFL: Mammoth storm couldn’t stop the Hawks as both sides take down the Sharks | The West Australian Close navigation menuSubscribeLog In

The Republican-led US House of Representatives approved a war powers resolution on Wednesday to block President Donald Trump from continuing the conflict against Iran. The measure is largely symbolic as it must still pass the Senate and would need a two-thirds majority in both chambers to override an almost certain presidential veto.Broadcom shares plunged more than 13 per cent in extended trading after missing Wall Street expectations for second-quarter revenue on Wednesday, while its top executive left a previous 2027 sales forecast unchanged in a rare sign that the AI chipmaker may be losing steam.In currency markets, the yen strengthened…

Elon Musk’s rocket company SpaceX is targeting a valuation of nearly $1.77 trillion in its blockbuster initial public offering (IPO), paving the way for the largest stock market debut in history.In a filing with the US Securities and Exchange Commission on Wednesday, SpaceX said that it plans to sell 555.6 million shares at $135 apiece, raising approximately $75bn.Recommended Stories list of 4 itemsend of listThe eye-popping valuation would make SpaceX the world’s seventh-largest company by market capitalisation, ahead of Musk’s electric vehicle maker Tesla and social media giant Meta, and just behind Taiwanese chipmaker TSMC.It would also eclipse energy giant Saudi Aramco’s 2019 debut, which raised $26bn at…

NEWYou can now listen to Fox News articles! President Donald Trump said Wednesday evening that he plans to nominate acting Attorney General Todd Blanche to permanently lead the Department of Justice.In a video posted to social media by White House Deputy Chief of Staff Dan Scavino, Trump can be seen announcing that he will nominate Blanche for the position after he assumed the role on an interim basis following former Attorney General Pam Bondi’s firing in early April.”Tomorrow I’m instructing Dan [Scavino] and everybody else that’s involved in that very complicated process, which is gonna go, I think, very quickly,…