US Launches Three More Airstrikes in Somalia

Iran Strikes Covert Missile Deal With Moscow In Backchannel Rearmament Iran is squarely in the Trump administration's crosshairs, and both Russia and China are to some degree coming to Tehran's aid with some significant arms deals meant to potentially stave off future attack. Most significantly, the Financial Times is reporting that Russia will supply the Iranians with thousands of advanced shoulder-fired missiles in a deal worth 500 million Euros. via ReutersIt's said to be part of a broader effort to rebuild Iran's air defenses, which were heavily destroyed and retarded by Israeli-US airstrikes in the last...

Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag" Nike has reported declining quarterly sales in China, where demand remains under pressure from mounting macroeconomic headwinds, and the brand continues to lose market share to newer competitors. This weakness has dented the shoemaker's broader turnaround efforts and suggests a much-needed reset in the Chinese market. The stock is down 65% from its 2021 peak and is now trading at 2017 levels, as investors hope management will accelerate a turnaround plan to reverse this devastating multi-year bear market....

Musk Plans To Appeal After Jury Finds Him Liable To Twitter Shareholders Authored by Aldgra Fredly via The Epoch Times (emphasis ours), A federal jury on March 20 found tech billionaire Elon Musk liable for misleading Twitter shareholders by driving down the social media platform’s stock price months before acquiring it for $44 billion in 2022. The decision follows a civil class action lawsuit filed by Twitter investors in October 2022. Musk agreed to buy Twitter at $54.20 per share in April 2022 but later tried to back out of the deal,...