The Justice Department has approved Paramount Skydance’s roughly $110 billion acquisition of Warner Bros. Discovery, a major step toward combining two historic Hollywood studios. State regulators, entertainment workers and European Union officials continue to scrutinize the deal.
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SpaceX raised $75 billion in the largest IPO ever, with shares jumping in their Nasdaq debut and valuing the company above $2 trillion. The listing pushed Elon Musk’s paper net worth past $1 trillion, though analysts questioned the company’s valuation.
China confirmed it has detained U Min Zin, a U.S. citizen and Myanmar political analyst, on suspicion of espionage and endangering national security. The reasons for his arrest in Kunming remain unclear.
Trump said Bill Pulte will become acting director of national intelligence on June 19 while remaining head of the Federal Housing Finance Agency. The decision has sparked bipartisan concern and threatened renewal of Section 702, a surveillance authority set to expire Friday.
Vice President JD Vance said the United States is “very close” to a long-term nuclear deal with Iran, though an agreement could come next week or months from now. His comments came as tensions rose after an Apache helicopter crashed near the Strait of Hormuz and U.S. forces reportedly launched retaliatory strikes.
Trump accused Iran of shooting down a U.S. Army Apache helicopter near the Strait of Hormuz and said the United States “must” respond. Two crew members were rescued unharmed by an American sea drone, while U.S. Central Command said the crash remains under investigation.
Rep. Ro Khanna condemned Graham Platner’s past conduct toward women but said he remains behind the Maine Democratic Senate candidate. Platner has denied allegations of physical abuse and said he takes responsibility for a dark period in his life.
Former “60 Minutes” correspondent Scott Pelley accused CBS News chief Bari Weiss of trying to shape a Minnesota immigration protest segment toward President Donald Trump’s account. CBS News denied political motivation and said the edits were part of normal editorial review.