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Bitcoin crashes below $100,000 as U.S. strikes on Iranian nuclear sites spark geopolitical fears. The crypto market drops 7% in 24 hours, with Ethereum and altcoins also hit hard. Analysts warn of long-term risks amid global uncertainty.
Bank of New York Mellon has reportedly approached Northern Trust for a potential merger, a move that could reshape the financial services industry. Combining their strengths in asset management and wealth services, the deal might create a formidable player, pending regulatory and strategic challenges.
A United Airlines flight from San Francisco to Rome declared an emergency over the Atlantic, diverting to Reykjavík, Iceland. The cause remains unclear, but the safe landing highlights the crew’s expertise and the aviation industry’s focus on safety during unexpected challenges.
Scientists reveal a grim truth: larger AI models, while more accurate, consume massive energy and emit significant carbon. This environmental cost of AI raises urgent questions about sustainability in tech, urging a shift to greener practices.
A $6 trillion iron deposit, the largest ever found, has been discovered in Australia, promising to reshape global markets. This colossal reserve could fuel industries for decades, but raises concerns over environmental impact and geopolitical shifts. The find positions Australia as a mining powerhouse.
Amazon has issued a stern ultimatum to employees amid layoff fears, pushing for adaptability and performance. As economic pressures mount, the tech giant’s hardline stance raises questions about workplace culture and talent management in a competitive market.
Fred Smith, the visionary behind Federal Express, has passed away at 80. His innovative overnight delivery system transformed global logistics, inspiring entrepreneurs and connecting the world. Smith’s legacy of perseverance and ingenuity continues to shape commerce and connectivity.
Jeff Bezos and Lauren Sánchez’s Venice wedding has sparked local protests over disruption fears. Their planners, Lanza & Baucina Limited, emphasize the couple’s commitment to minimizing impact and respecting residents, aiming to balance a grand event with the city’s delicate charm.
The TSA has banned a specific cell phone model from all US flights as of June 22, 2025, citing security risks. Travelers face confiscation and fines if caught with the device, while airlines and tech companies brace for the impact of this unprecedented restriction.
