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Apple Commits $30B to Broadcom for US Chip Production—July 8
Apple commits $30 billion to Broadcom for US chip production through 2031, including a $1.5 billion Colorado factory expansion to produce 15 billion chips domestically.
Lenovo Hits 90% Renewable Energy Milestone on July 8, 2026
Lenovo achieves 90% renewable energy in global operations, up from lower levels in prior years. Company remains on track for 2050 net-zero emissions target validated by Science Based Targets initiative.
OBR Warns UK Debt Could Spiral to 300% of GDP by 2076 Without Action
UK’s fiscal watchdog warns debt could hit 300% of GDP by 2076 without urgent action. State pensions and health spending to surge as population ages.
Bitcoin Falls to $62,103 as Stablecoin Liquidity Drains—July 8
Bitcoin slides to $62,103 as stablecoin liquidity shrinks 2.39% to $312B in June. Historical data shows weak stablecoin supply correlates with muted crypto gains and potential crashes.
EPFO System Upgrade Complete: Rs 1.44 Lakh Crore Interest by July 15
EPFO’s new centralised portal goes live July 8. Rs 1.44 lakh crore interest at 8.25% credited by July 15 to 34 crore accounts. Faster claims, automated pre-validation, and unified dashboard now available.
Federal Judge Blocks DOJ Subpoena for 2020 Fulton County Election Workers’ Names
U.S. District Judge William Ray quashed a DOJ subpoena seeking names and contact details of Fulton County’s 2020 election workers, citing expired statute of limitations and privacy concerns.
DOJ Threatens Election Officials With Criminal Prosecution Over Noncitizen Voting—July 8
DOJ Assistant Attorney General Harmeet Dhillon sent letters to all 50 states threatening criminal prosecution of election officials over noncitizen voting. Officials have five days to respond.
Gao Shanwen, China’s Outspoken Economist, Dies at 55 on July 8
Chinese economist Gao Shanwen, known for questioning China’s official 5% GDP growth claims and suggesting true growth was around 2%, dies at 55 from cancer on July 7.
Nigel Farage Resigns as MP, Triggers Clacton By-Election Amid £5m Gift Probe—July 8
Nigel Farage resigns as MP for Clacton and will fight a by-election to clear his name over a £5 million gift from a crypto billionaire under parliamentary investigation.