Iran Announces Fuel Rationing As Brent Tops War Highs, After Trump Rejects Tehran's Latest Offer

EssilorLuxottica's AI Smart Glasses Revenue Nearly Doubles On Ray-Ban, Oakley Demand EssilorLuxottica shares rose as much as 4.5% in Paris before reversing course and falling 2%. The eyewear maker reported better-than-expected first-half profit margins, while revenue from its AI smart glasses nearly doubled in the second quarter, easing investor concerns over rising competition and component costs. The Ray-Ban owner, which partners with Meta on smart glasses, reported a 13% increase in first-half adjusted profit to 1.9 billion euros, while its operating margin reached 18.6%, above the analyst estimate of 16.3%. Second-quarter...

A senior Israeli military official said that the peace proposal being discussed by the US and Iran is a bad deal for Israel.  Ynet reports a senior official in the IDF said that the peace proposal being negotiated between the US and Israel would be “a bad deal for Israel.” The US and Israel started […]

Trump Seeks $152 Million To Reopen Alcatraz Prison Authored by Kimberley Hayek via The Epoch Times, The White House on Friday requested $152 million to reopen Alcatraz, which is offshore from San Francisco, as a federal prison. The funding appears in the proposed budget for fiscal year 2027, released by the administration. It would cover first-year costs for the Federal Bureau of Prisons to rebuild the island facility into “a state-of-the-art secure prison facility,” according to the document. Alcatraz has operated as a National Park Service tourist site since 1973, after the federal...