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Diehl Defence Unveils Cobra 600 Jet Drone, June 12
Diehl Defence’s Cobra 600 jet drone extends IRIS-T missile range to 400 km, combining airborne transport with ground-based air defence capabilities.
MSFT Stock Pressured as Xbox Layoffs Loom After June 30 Fiscal Close — But the Cloud Business Tells a Very Different Story
$82.89 billion in quarterly revenue. $190 billion in capex. And Xbox can’t find its footing. Microsoft (NASDAQ: MSFT) is carrying a sharp internal contrast into its June 30 fiscal year close. On June 10, 2026, Microsoft confirmed plans for significant layoffs in its Xbox division as new CEO Asha Sharma implements a broad reset of…
UK Defence Secretary Resigns Over Military Spending, June 11
UK Defence Secretary Healey resigns over military spending dispute as Starmer faces pressure on defence funding shortfall.
Social Security Ends Paper Checks by Year-End, June 11
Social Security stops mailing paper checks by December 31, 2026. Switch to direct deposit or prepaid debit cards before the deadline.
Desjardins Sells Assistance Services Unit to CanAssistance, June 11
Desjardins Financial Security partners with CanAssistance as exclusive provider of assistance services for members.
WisdomTree Launches AI Infrastructure ETF on June 11, 2026
WisdomTree WAGI ETF tracks AI infrastructure across semiconductors, data centers, and cloud sectors with a 0.50% expense ratio.
Emirates Keeps Flying as Middle East Tensions Escalate, June 11
Emirates maintains full flight schedule from Dubai despite US-Iran tensions and regional security challenges affecting Middle East aviation.
US Stocks Fall 1.9% as Inflation Hits 4.2%, Iran Tensions Rise
Stock market falls 1.9% on 4.2% inflation and Iran tensions. Dow drops 953 points, tech stocks plunge. Oil rises to $93 as geopolitical risk climbs.
Deutsche Bahn Seeks €13B More Funding to Hit Punctuality Goals, June 11
Deutsche Bahn CEO Evelyn Palla demands €13B more funding by 2030 to achieve 70% punctuality. Germany’s €100B rail investment plan faces funding gap.