TikTok To Pay Alabama At Least $100 Million, Add Teen Limits Before First State Trial

Saudi Aramco Profit Soars As CEO Warns Hormuz Closure Removes 100 Million Barrels A Week Saudi Aramco, the world's largest oil producer by volume, reported a 33% jump in second-quarter profits on Tuesday as the war-driven surge in Brent crude, which averaged $97 a barrel, boosted earnings. The company maintained export flows by redirecting crude around the disrupted Strait of Hormuz through its East-West Pipeline to the Red Sea. Adjusted net income for the quarter surged to $33.4 billion from $25.2 billion a year earlier, beating the Bloomberg Consensus estimate...

Japanic: Yen Suddenly Spikes Stoking Intervention Speculation Having collapsed to its weakest relative to the dollar in 40 years, it appears the Ministry of Finance and Bank of Japan has had enough and intervened. Having tagged 164/USD, the Japanese currency suddenly exploded stronger (below 160/USD, which was the prior level of intervention)... The scale of the move is commensurate with the last large intervention in April. Obviously, there is no confirmation, yet, but the timing, coming after the Fed and after Japan markets have closed, would certainly fit what we know about the...

Live-Fire Drill Sparks Massive Gas Explosion At Canadian Base, Killing 7 A live-fire training exercise at Canadian Forces Base Wainwright in Alberta reportedly ended in a major explosion and wildfire Saturday, leaving at least seven people dead and dozens injured, according to local outlet Global News.  The report said a projectile was fired during the FTX that struck "a gas line or gas well" within the base's training area, triggering an explosion before strong winds spread the fire.  🇨🇦 At least 7 killed, dozens injured at Canadian army base after live-fire exercise hits...