News Powered By AI
The Vatican confirmed an ongoing church trial against ex-Jesuit priest Marko Rupnik, accused of spiritual and sexual abuse, and defended the secrecy of proceedings as necessary to protect the process.
Faith communities in Ohio are expanding the concept of “sanctuary” beyond physical shelter to provide comprehensive support for Haitian immigrants facing deportation after the Supreme Court ruled against Temporary Protected Status.
Jews worldwide observe Tisha B’Av, an annual fast commemorating ancient temple destructions, while incorporating modern tragedies including recent conflicts through newly composed liturgical poems.
U.S. consumer prices rose 3.5% in June, down from 4.2% in May, as energy and gasoline prices declined. Economists warn inflation could resurge if Middle East tensions escalate further.
Nike reported better-than-expected quarterly earnings and revenue despite a 12% sales decline in China, boosted by a $986 million tariff refund from a Supreme Court ruling.
Taiwan Semiconductor Manufacturing Co reported a 77.4% surge in second-quarter profit and announced an additional $100 billion investment in Arizona, bringing total state investment to $265 billion.
American Airlines CEO Robert Isom outlined strategies to close a $3 billion profit gap with competitors, including premium cabin upgrades, new aircraft orders, and expanded luxury lounges.
SpaceX is in discussions with the Pentagon to lease AI computing capacity to military and intelligence agencies, potentially entering a market already dominated by Microsoft, Amazon, Google, and Oracle.
Sleep Country, Canada’s largest mattress retailer, agreed to acquire U.S. competitor Sleep Number for $702 million following the latter’s bankruptcy filing.
Clipway, founded by Ardian veterans, closed its debut secondaries fund at $6.4 billion, setting a record for a first-time vehicle in the sector.