Devastating flash floods in Texas have resulted in at least 79 fatalities and numerous missing individuals, including children, during the Fourth of July holiday. President Trump declared it a "100-year catastrophe" and plans to visit the affected areas. Rescue efforts are intensifying as forecasters predict more heavy rain, with officials warning of a rising death toll across the flood-stricken state.
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Microsoft is set to eliminate up to 9,000 positions, about 4% of its workforce, impacting various divisions including Xbox. This decision aligns with a substantial $80 billion investment in AI infrastructure and the appointment of AI pioneer Mustafa Suleyman. Despite layoffs, Microsoft's stock remains strong, reflecting a strategic shift towards AI and long-term competitiveness.
A significant three-team NBA trade involving the Los Angeles Clippers, Miami Heat, and Utah Jazz has been finalized. Norman Powell is heading to Miami, while John Collins joins the Clippers. Utah acquires Kevin Love and Kyle Anderson, along with a 2027 second-round draft pick from Los Angeles, shaking up team rosters before the 2025-26 season.
The Quad foreign ministers strongly condemned the terrorist attack in Jammu and Kashmir, urging justice for the victims. They voiced concerns over the East and South China Seas, North Korea's missile launches and cyber activities, and the crisis in Myanmar. The Quad also announced initiatives for critical minerals, maritime law enforcement, disaster response, and countering disinformation in the Indo-Pacific region.
Prime Minister Narendra Modi is embarking on a significant multi-nation tour from July 2-9, strengthening India's global partnerships. He will visit Ghana, Trinidad & Tobago, Argentina, Brazil for the BRICS summit, and Namibia. These visits aim to enhance bilateral relations, focusing on economic, energy, defense, and trade collaborations.
Jeff Bezos and Lauren Sanchez celebrated their marriage in a lavish ceremony in Venice, Italy, attended by numerous celebrities. The celebrations, however, sparked controversy as activists protested the environmental impact and the city's struggles with tourism and rising costs. While the wedding is expected to generate significant revenue for Venice, concerns remain about its long-term sustainability.
A Delhi court has declared arms dealer Sanjay Bhandari a fugitive economic offender. This ruling allows the ED to confiscate his global properties and prevents him from pursuing legal actions in India. Bhandari, wanted in multiple cases, faces allegations of undisclosed foreign income and tax evasion.
India levelled the Anderson-Tendulkar Trophy series 1-1 with a massive 336-run victory over England at Edgbaston, marking their first-ever Test win at the venue. Debutant Akash Deep shone with a 10-wicket haul, while captain Shubman Gill led from the front with impressive batting performances.
Ram Kapoor has refuted rumours linking him to Bigg Boss 19, stating he would decline even a Rs 20 crore offer. He believes the show, while successful, thrives on voyeurism and doesn't align with his privacy or acting career. Kapoor emphasizes his focus remains on acting, currently promoting his upcoming project 'Mistry,' an adaptation of 'The Monk'.
A tragic misunderstanding led to a double suicide in Patiala's Pooniwal village, leaving three children orphaned. Manpreet Kaur, facing marital issues, left home with her children after a quarrel. Unbeknownst to her husband, Gurmeet Singh, she died by suicide. Thinking she had eloped, Gurmeet also took his own life, compounding the family's devastation.
Reliance Industries plans to consolidate its FMCG brands into a new entity named New Reliance Consumer Products Ltd (New RCPL), a direct RIL subsidiary. This restructuring aims to attract specialized investors and facilitate a potential stock market debut for the retail division.