VinFast said on Wednesday its first dealership in San Diego, California, is set to begin operations this month, as the Vietnamese electric-vehicle maker doubles down on the dealer model in a bid to boost sales. Backed by Vietnam's largest conglomerate, Vingroup, VinFast has faced challenges including softer demand, stiff competition...
US Labor Market Softening; Single-Family Building Permits Slump
WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits fell last week, but stayed at levels consistent with a further loss of labor market momentum in June and softening economic activity. The report from the Labor Department on Wednesday showed widespread layoffs in the prior week, which...
Valley Crime Stoppers’ Most Wanted Person of the Day: Peter DA Vang
June 18, 2025 Most Wanted Person of the Day Suspect Name: Peter DA Vang Suspects Date of Birth: December 28, 1983 Physical Description: Asian Male, 5’ 11, 190 lbs., Brown Hair, Brown Eyes. Charges: Stolen vehicle Synopsis of the Case: Peter DA Vang is wanted on a felony, no-bail warrant...
Nippon Steel’s Purchase of US Steel Closes, With Big Role for Trump
(Reuters) -Nippon Steel's $14.9 billion acquisition of U.S. Steel closed on Wednesday, the companies said, confirming an unusual degree of power for the Trump administration after the Japanese company's 18-month struggle to close the purchase. Under the deal terms, Nippon bought 100% of U.S. Steel shares at $55 per share,...
US to Drop Guidance to Limit Alcohol to One or Two Drinks per Day, Sources Say
U.S. Dietary Guidelines are expected to eliminate the long-standing recommendation that adults limit alcohol consumption to one or two drinks per day, according to three sources familiar with the matter, in what could be a major win for an industry threatened by heightened scrutiny of alcohol's health effects. The updated...
US Military “Prepared to Execute” Any Trump Decisions on War and Peace, Hegseth Says
WASHINGTON - The U.S. military is "prepared to execute" any decision President Donald Trump might make on matters of war and peace, Defense Secretary Pete Hegseth said on Wednesday, even as he declined to confirm preparations of strike options on Iran. "If and when those decisions are made, the Department...
Wall Street Indexes Edge Higher Ahead of Fed’s Interest Rate Verdict
Wall Street's main indexes ticked up on Wednesday, as investors awaited the Federal Reserve's monetary policy decision, while the Israel-Iran attacks entered the sixth day. Investors will closely monitor Fed Chair Jerome Powell's comments to gauge how he plans to combat the risk of rising prices, which remains a dominant...
US Supreme Court Upholds Tennessee Law Banning Youth Transgender Care
WASHINGTON (Reuters) -The U.S. Supreme Court backed a Republican-backed ban in Tennessee on gender-affirming medical care for transgender minors on Wednesday in a setback for transgender rights that could bolster efforts by states to defend other measures targeting transgender people. The court, in a 6-3 ruling powered by its conservative...
Iran Leader Rejects Trump’s Call for Surrender, Trump Says Patience Has Run Out
DUBAI/JERUSALEM - Iranian Supreme Leader Ayatollah Ali Khamenei rejected Donald Trump's demand for unconditional surrender on Wednesday, and the U.S. president said his patience had run out, though he gave no clue as to what his next step would be. Speaking to reporters, Trump declined to say whether he had...
‘Who’s Running the White House?’ Trump Brings Back ICE Raids on Farms, Restaurants
U.S. immigration officials on Tuesday walked back limits on enforcement targeting farms, restaurants, hotels and food processing plants just days after putting restrictions in place, two former officials familiar with the matter said. The reversal is an abrupt shift that followed contradictory public statements by President Donald Trump. After the...