Global and Legal Briefs Highlight Economic and Tech News
May durable goods orders fell 1.3 percent led by aircraft, offset by a 0.4 percent rise in a business investment proxy. A Paris court hears a GDPR dispute with Google over privacy rules seeking 1000 euros per user. The Supreme Court strikes down Tennessee liquor license residency rule 7 to 2 ruling.
MENTIONED IN THIS ARTICLE
Washington
U.S
Commerce Department
Boeing
Supreme Court
Tennessee
United States
Congress
Samuel Alito
Fire damaged East Coast refinery to shut in weeks
The largest East Coast oil refinery, Philadelphia Energy Solutions, will close within a month after a catastrophic fire and explosions. The shutdown affects more than 1,000 workers and could lift gasoline prices as summer travel peaks, though imports may offset losses. Officials warn of safety and environmental concerns, while the plant faces financial distress and bankruptcy-related pressures.
MENTIONED IN THIS ARTICLE
Philadelphia Energy Solutions
Jim Kenney
FactSet
Mid- Atlantic
AAA
Jana Tidwell
Gulf Coast
Kevin
Book
Clearview Energy Partners
Europe
Jonathan Aronson
Cornerstone Macro
Aronson
Kenney
U.S
Delaware
PES
Credit Suisse Asset Management
Bardin Hill
Girard Point
Philadelphia
United Steelworkers
Ryan O’callaghan
Local 101
The
Philadelphia Inquirer
California Canada strike deal on emissions standards
California announced a deal with Canada to work on pollution reductions amid its standoff with the U S over vehicle emissions and fuel economy. Canada may adopt stricter rules aligning with California and 13 other states, challenging Trump administration plans to ease standards. Mary Nichols of the ARB highlighted potential litigation as EPA and NHTSA show little willingness to negotiate. Catherine McKenna said Canada is interested in options to cut carbon pollution.
MENTIONED IN THIS ARTICLE
Detroit
California
Trump
Canada
Congress
Mary Nichols
Air Resources Board
EPA
The
Traffic Safety Agency
Catherine McKenna
Stocks edge lower as trade fears hold back gains
U.S. stocks dipped with the S&P 500 down 0.1 percent while the Nasdaq rose 0.3 percent ahead of the Osaka G 20 meeting. Treasuries fell and gold retreated as traders weighed Fed rate cut bets and U S China trade talks. Bitcoin topped 13000, oil near 60 a barrel.
MENTIONED IN THIS ARTICLE
U.S
Treasuries
Donald Trump
Xi Jinping
Facebook Inc
Google
Trump
Micron Technologies Inc
Treasury
Federal Reserve
West Texas
Osaka
Fed
Jack Janasiewicz
Natixis Investment Managers
China
James Bullard
New Zealand
Fragmentary note hints at project display and administration
A garbled excerpt mentions a project, exhibition or presentation and an administrative action. It lacks clear names, places or dates, leaving only vague hints of a communal or organizational effort and a display reference.
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the Sun Journal
Newbernsi.com
Paris
European Union
UFC Que Choisir
Google Ireland
Google LLC
Associated Press
East Coast
Marc Levy and
Cathy Bussewitz
Matt Rourke
Trump Administration
Environmental Protection Agency
National Highway Traffic Safety Administration
Nichols
By Randall Jensen and
Vildana Harrie Bloomberg
Germany
Britain
Iidis
Jon Tribune
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