Former House Speaker Nancy Pelosi hospitalized after injury in Luxembourg

James Litinsky's $100 million investment in distressed debt of MP Materials has paid off significantly as the company gained prominence in the U.S. strategy to counter China's dominance in critical minerals, leading to a 48% surge in shares after the Pentagon's $400 million equity stake and output purchase agreement. This unusual partnership highlights a strategic shift in U.S. industrial policy aimed at enhancing domestic supply chains for essential rare earth elements used in defense and...

In anticipation of the Grand Egyptian Museum's opening, souvenir shop owners like Mona have faced significant financial losses due to repeated delays, now pushed to the end of the year, affecting tourism hopes in Cairo. Despite parts of the museum being open, local businesses are struggling, with the tourism sector still recovering from past crises and economic challenges. Explain It To Me Like I'm 5: In Egypt, a lady named Mona who sells souvenirs is...

Nine people were killed and dozens injured in a five-alarm fire at the Gabriel House assisted-living facility in Fall River, Massachusetts. Firefighters faced significant challenges in rescuing residents, many of whom were immobile, and the cause of the fire is under investigation, though it is not deemed suspicious. Explain It To Me Like I'm 5: A devastating five-alarm fire at an assisted-living facility in Fall River, Massachusetts, resulted in nine fatalities and numerous injuries, highlighting...

Nvidia announced that the Trump administration has eased restrictions on exporting its H20 AI chip to China, hoping to resume deliveries soon, while also planning a new China-specific chip. CEO Jensen Huang is in Beijing engaging with government officials and customers, emphasizing the importance of U.S. technology in AI amidst competition with Chinese firms like Huawei. Explain It To Me Like I'm 5: Nvidia, a company that makes special computer chips, is happy because the...

Camp Mystic's executive director Dick Eastland initiated evacuations approximately 45 minutes after a "life-threatening flash flood" alert from the National Weather Service, tragically resulting in 27 deaths as floodwaters surged through the camp in Hunt, Texas. Despite receiving initial warnings, the situation escalated rapidly, leading Eastland to attempt a rescue before his own demise as he worked to move campers to safety. Explain It To Me Like I'm 5: Camp Mystic Flood Tragedy A big...

EU foreign ministers will discuss potential actions against Israel due to its human rights violations amid the ongoing Gaza conflict, with foreign policy chief Kaja Kallas proposing ten measures, including trade curbs and sanctions. However, divisions among member states likely prevent any agreement, despite rising humanitarian concerns in Gaza, where over 58,000 Palestinians have reportedly been killed in the conflict. Explain It To Me Like I'm 5: EU foreign ministers will talk about possible actions...