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Actor Faizon Love Arrested in Florida on Contempt Charges, June 17
Actor Faizon Love arrested in Florida on contempt charges. The 58-year-old is held without bond at Tampa jail in connection with a paternity case.
G7 Summit Ends With Iran Deal and Ukraine Support Pledges, June 18
G7 summit concludes with US-Iran ceasefire, Ukraine air defense pledges, new Russia sanctions, and 60-day nuclear negotiations framework.
GIC Offloads $2B Private Credit Stakes Via Secondary Market, June 18
GIC nears $2 billion private credit asset sale via secondary market with Evercore advising on divestment of legacy fund interests.
Trump Invokes Defense Production Act to Boost Weapons Output, June 17
Trump invokes Defense Production Act to boost U.S. weapons production after Iran conflict depletes stockpiles. Pentagon seeks $350B.
ICE Relaxes Detention Standards After Geo Group Pressure, June 17
ICE removes detainee wage protections after Geo Group lobbying, eliminating $1-per-day minimum pay and loosening detention standards.
Strategy Inc (MSTR) Faces Dividend Strain as Bitcoin Holdings Weigh on Stock
MicroStrategy (MSTR) stock faces pressure as STRC preferred stock trades below par. Dividend coverage and acquisition strategy draw analyst scrutiny.
US Mint Releases Liberty Bell Gold Coins Starting at $10,050, June 17
US Mint releases limited-edition Liberty Bell gold coins ($10,050–$19,600) and silver medals ($750). Sales begin July 16 with only 2,026 produced.
Peter Fox Steps Down as Linfox Executive Chairman Amid Family Succession Battle
Peter Fox resigns as Linfox executive chairman after extended leave. Leadership restructure approved amid sibling tensions.
Strategy Inc (MSTR) Defends Bitcoin Sales as Dilution Fears Mount, June 17
Strategy Inc defends bitcoin sale as strategic move to build credit products and generate preferred dividend revenue amid competition.