Scores Killed in Israeli Strikes on Southern Lebanon Despite Ceasefire ‘Holding’

US And China Agree To Establish Trade And Investment Boards As Trump-Xi Summit Delivers Modest Wins U.S. and Chinese leaders agreed to establish a new "Board of Trade" and a parallel "Board of Investment" during President Donald Trump’s two-day visit to Beijing - a summit that ended much as it began: with significant pageantry, warm personal rapport between the leaders, and modest, incremental progress on trade. The new boards aim to oversee bilateral purchases, manage trade differences, facilitate deals in non-sensitive sectors (with roughly $30 billion in goods identified), and...

DOJ Sues States Over Alleged Failure To Turn Over Food Stamp Data Authored by Zachary Stieber via The Epoch Times, The Trump administration has sued four states, accusing them of withholding crucial data on food stamp applicants. Kentucky, Michigan, Minnesota, and Pennsylvania refused to turn over information to the U.S. Department of Agriculture (USDA) that would let federal officials identify fraud, Trump administration lawyers said in lawsuits filed on June 26 against the states. Officials are asking judges to enter injunctions that would force state authorities to hand over the last five years...

American Airlines Shuts Down United Merger Talk As Wells Fargo Signals Another Possible Tie-Up Certainly this past week saw several key stories in the aviation world. First came the story that Spirit Airlines could be liquidated at any moment, only to be followed later in the week by reports that the budget carrier had asked the Trump administration for an emergency bailout. Then, of course, came the reopening of the Strait of Hormuz late in the week, which sent jet fuel prices in New York sharply lower and airline stocks soaring... It now...