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Crews battle algae bloom in Washington’s newly repainted Reflecting Pool

Work crews poured hydrogen peroxide into the newly repainted Lincoln Memorial Reflecting Pool on Tuesday to combat an algae ​bloom, a little over a week after it was repainted ‌as part of President Donald Trump’s campaign to revamp some of Washington’s major monuments.

June 16, 2026
News

US asset managers file for first ETFs targeting Wall Street’s new obsession, AI and the ‘MANGOS’

Just days after SpaceX wrapped up its record $75 billion initial public stock offering and ignited another burst of enthusiasm among traders for all things AI, two asset managers ​disclosed plans to launch exchange-traded funds linked to the new AI-stock acronym ‌that is all the buzz on Wall Street.

June 16, 2026
News

BMW lowers profit outlook due to China downturn, Iran war double whammy

BMW slashed ​its outlook for 2026 on Tuesday, blaming an accelerated downturn in the key ‌Chinese market as well as the impact of the Iran war, which the German premium carmaker said had hit consumer sentiment and raised energy costs.

June 16, 2026
News

G7 leaders discuss ‘trusted partners’ access to cutting-edge US AI models, sources say

G7 leaders discussed a plan to grant ​select “trusted partners” access to advanced AI models from U.S. firms such as Anthropic, ‌three diplomatic sources said on Tuesday, potentially opening a path around restrictions on non-American use.

June 16, 2026
News

US senators ask for review of Tesla’s ‘Full Self-Driving’ safety data, citing Reuters report

Two U.S. senators are asking the nation’s traffic safety regulator to examine Tesla’s self-published ​crash statistics for its “Full Self-Driving” (FSD) driver-assistance system, following a Reuters investigation last ‌month that found the EV maker was exaggerating its safety claims.

June 16, 2026
News

Trump invokes Defense Production Act for munitions, supply chains

U.S. President Donald Trump has invoked the Defense Production Act to ​address constraints in weapons supply and development ‌for munitions production and supply chains, according to a memo made public on Tuesday.

June 16, 2026
News

Hacking group claims major hack of Novo Nordisk and attempted $25 million extortion

A cyber ​extortion group claimed on Tuesday to have stolen more than a terabyte of data from pharmaceutical ‌giant Novo Nordisk and said it is exploring selling parts of the data after unsuccessfully demanding $25 million from the company.

June 16, 2026
News

FBI says it thwarted plot to use drones, snipers to attack White House UFC event

The FBI said on Tuesday it thwarted a planned attack on the ‌Ultimate Fighting Championship mixed martial arts event on the White House lawn on the weekend, taking five people into custody, according to court documents.

June 16, 2026
News

Lawmakers in the dark on Iran deal as Trump says he will send it to Congress

President Donald Trump said on Tuesday he was willing to send his interim deal to end the war with ​Iran for review by the U.S. Congress, as lawmakers, including many of his fellow Republicans, said they were largely in the dark ‌about the pact.

June 16, 2026
News

Exclusive: Iran deal includes $300 billion fund, more than half of which already committed, source says

A $300 billion private fund designed ​to trigger investment into Iran is outlined in the U.S.-Iran framework agreement and more than half that sum has already been committed, a source with ‌direct knowledge of the deal told Reuters.

June 16, 2026

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