Israel Continues to Escalate Raids Into Southwest Syria, Shepherd Captured

China Revives Heavy Naval Firepower With New 155mm Gun That "Could Support An Attack On Taiwan" As modern naval combat increasingly relies on aircraft, missiles and unmanned systems, China is investing in a capability many navies have largely moved away from: heavy naval artillery, according to South China Morning Post. Recent reports indicate that the PLA Navy is testing a new 155mm naval gun, a calibre larger than any main gun currently in active naval service. The weapon has been observed aboard the experimental vessel Wu Yunduo, which appears to have...

Nike Turnaround Falters As UBS Says There's "No Reason To Buy" Stock Nike shares fell 3% in premarket trading after the struggling athletic apparel giant warned on its earnings call that revenue declines over the next two quarters will be worse than previously expected, underscoring that there is still no immediate turnaround to halt a multi-year bear market that has driven the stock to decade lows. "We are not expecting the environment to improve meaningfully over the next six months," Nike's outgoing CFO Matt Friend told investors on Tuesday evening. Customers...

Democratic Socialist Melat Kiros Ousts 15-Term Rep. Diana DeGette In Colorado Primary As we've been noting of late, the Democrats have a problem: socialists are on the move. The latest - in a striking upset, democratic socialist Melat Kiros defeated 15-term U.S. Rep. Diana DeGette in Tuesday's Democratic primary for Colorado's 1st Congressional District. The victory extends a recent winning streak for the party's left wing and hands Republicans fresh ammunition heading into the fall campaign. Democratic socialist Melat Kiros (L) ousted 15-term Rep. Diana DeGette in Tuesday's Democratic primary Kiros, a 29-year-old former...