U.S. tech stocks tumbled Thursday, pushing the Nasdaq Composite into correction territory. Mixed chipmaker earnings and concerns about AI spending and future data center restrictions weighed on shares.
News Mash
Harmeet Dhillon has resigned after 18 months leading the Justice Department’s Civil Rights Division. Her tenure brought a shift in priorities, extensive staff departures and a string of disputed efforts to obtain state voter records.
Republican leaders point to the Iran war, tariffs and high living costs after Democrats win both chambers of Congress. The losses are prompting questions about the party’s path to 2028.
Leon Black is seeking $7.5 million from Rep. Robert Garcia over comments linking him to Jeffrey Epstein’s crimes. The lawsuit follows a House contempt referral tied to Black’s refusal to comply with committee subpoenas.
Nationwide strikes and protests over wages, living costs and public services disrupted transport and closed the Eiffel Tower. Police clashed with demonstrators in Lyon as unions backed a growing high school protest movement.
Guinea-Bissau has halted a US-funded hepatitis B vaccine trial involving 14,000 newborns after objections to delaying the birth dose for half of them. A researcher said the project lacked government approval.
A London jury convicted Russell Brand of one count of rape and three counts of sexual assault. The comedian and actor, who denied all the charges, faces a significant prison term when he is sentenced Monday.
Trump’s lawyers are asking a New York appeals court to overturn his 2024 conviction on 34 felony counts tied to reimbursements for a hush-money payment. Prosecutors say the conduct was unofficial and the verdict should stand.