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By Mike Dolan June 4 (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The S&P 500 failed to clock its 10th straight daily gain on Wednesday and there are some clouds gathering in markets. Despite the frenzy in the red-hot chip sector, Broadcom, now the world’s sixth-biggest company by market cap, stumbled after its latest earnings release. The chipmaker’s stock dropped […]

DEIR AL-BALAH, Gaza Strip (AP) — At least nine Palestinians were killed overnight in strikes in Gaza, according to local hospitals, even as much of the world’s attention was focused on the fighting between Israel and Hezbollah in Lebanon. The nine people were killed in at least four separate strikes in Gaza City, according to Shifa Hospital, which received the bodies. The Israeli military did not immediately comment on the […]

CANTON, Mich. (AP) — Every week, Mirvet Makki sets aside earnings from her catering business to help people in Lebanon displaced by the war between Israel and Hezbollah militants. Makki, 47, who cooks Lebanese dishes like couscous stews and traditional kibbeh balls in the Detroit suburb of Dearborn Heights, immigrated to Michigan in 1990. But her heart never left her childhood village of Bint Jbeil, now one of the hardest-hit […]

By Will Dunham June 4 (Reuters) – The cave lion was one of the biggest cats to ever live, prowling a huge swathe of territory from Western Europe across Siberia and into North America and hunting large prey – and perhaps even people – before going extinct around the end of the Ice Age. New genome research reveals what made this big cat unique and how it differed from the […]

By Gopal Sharma KATHMANDU, June 4 (Reuters) – A Nepali Sherpa guide has been rescued from Everest after surviving about a week on the slopes of the world’s highest mountain without food or oxygen in a rare case of survival in such conditions, a hiking official said on Thursday. Dawa Sherpa, 52, was returning with a Polish climber after failing to reach the 8,849 m (29,032 ft) summit, when he […]

By Heather Schlitz CHICAGO, June 4 (Reuters) – New World screwworm, a devastating parasite that eats cattle and other wild animals alive, traveled north from Central America to Mexico before being confirmed in a Texas calf on Wednesday, creeping past biological barriers that kept the pest contained for decades, experts said. Washington has halted cattle imports from Mexico for the past year, citing the insect’s spread further into Mexico.  With […]

By Rashika Singh June 4 (Reuters) – Broadcom shares sank about 12% in premarket trading on Thursday, a day after the company missed quarterly revenue views and disappointed investors’ lofty expectations of stronger momentum from the AI boom. The chipmaker could lose more than $285 billion in market cap at the current price of $418.83, if losses hold. Broadcom vies with Nvidia, whose graphics processors remain the gold standard for […]

HANOI, June 4 (Reuters) – Vietnam’s foreign ministry said on Thursday that the U.S. Trade Representative’s conclusion that it had failed to curb trade in goods made with forced labour does not fully or accurately reflect Vietnam’s mitigation efforts. Vietnam’s policy strictly prohibits any form of forced labour, and it complies with the regulations of the International Labour Organization, foreign ministry spokesperson Pham Thu Hang told a regular press conference […]

MOGADISHU, Somalia (AP) — Supporters of opposition political figures and state security forces fought in armed clashes Thursday that erupted in Somalia’s capital Mogadishu on Wednesday evening ahead of a planned anti-government demonstration. No official casualty figures were immediately available from the violence that prompted calls for restraint from the United Nations and the United States as the government and opposition traded blame for the violence. Residents reported heavy gunfire […]