Judge Dismisses Musk's OpenAI Lawsuit After Jury Reaches Verdict

US PMIs Lead The World As Manufacturing Tops 4-Year Highs, Services Sink Following Japan's ugly PMIs (Services lowest since March 2025) and Europe's disaster (weakest composite EU PMI since late 2023)... ...with prices surging... All eyes are on the US 'soft' survey data for signs of divergence (or contagion). With US 'hard' data improving notably, the preliminary soft survey data for May was mixed with improved performance in manufacturing was countered by a sluggish service sector. Flash US Services PMI Business Activity Index: 50.9 (April: 51.0). 2-month low. Flash US Manufacturing PMI: 55.3 (April:...

"It's All So Tiresome": UK's Social Media Ban Trudges Ever Onward Authored by Kit Knightly via Off-Guardian.org, The UK government’s “consultation” on social media harm is over, and – brace yourselves – it turns out they’re going to have to do something about it. I know, I was shocked too. The main talking point is that “social media is like cigarettes”. Everyone is saying that, it’s the meme of the day. It’s a sentiment originally taken from a new report submitted to the consultation by the Academy of Medical Royal Colleges. Titled “Growing up in an online world”, it...

Mexico's "Energy Sovereignty" Dos Bocas Oil Refinery Hit By Major Fire One of Mexico's largest refineries, with a processing capacity of 340,000 barrels per day, appears to have suffered a fire in its coke storage area, marking the second incident in less than a month. The Dos Bocas refinery, built by Pemex in the southeastern state of Tabasco, is the crown jewel of Mexico's push to reduce dependence on imported gasoline and diesel, especially from U.S. exporters in the Gulf of America. It cost about $21 billion to build and was...