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The Latest Breaking News from the Wall Street Journal

Russian court seeks 18-year prison sentence for detained US reporter Gershkovich

Russia is seeking 18-year prison term for Evan Gershkovich, whose closed-door trial on charges of espionage is nearing its end. The Wall Street Journal reporter, who’s 32, has rejected the charges, as have his employers and the White House.

France 24

Russia prosecutor seeks 18-year sentence for US journalist Evan Gershkovich

Court expected to issue verdict in espionage trial of The Wall Street Journal reporter on Friday.

Al Jazeera

Journalist says WSJ fired her ‘over her new role’ as chair of Hong Kong Journalists Association

Former Wall Street Journal reporter Selina Cheng has said that she was fired by the media outlet because of her election as the chair of the Hong Kong Journalists Association, the Guardian reported.

Newslaundry

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Evan Gershkovich: Determined US Journalist In Russian Prison

Evan Gershkovich, the 32-year-old Wall Street Journal reporter that Russia charged with espionage, could soon be sentenced in a fast-tracked trial condemned by the US as a Kremlin ploy to secure prisoner swaps with the West.

International Business Times

Russia 'Spy' Trial Of US Reporter Reaches Final Stages

Russia's expedited espionage trial of US reporter Evan Gershkovich reaches its final stages Friday in a case condemned as a sham by Washington.

International Business Times

Russia Set To Resume Trial Of US Reporter Evan Gershkovich

US reporter Evan Gershkovich is set to appear in a Russian court on Thursday for the second hearing of his trial for espionage, a charge that his employer and the White House have labelled a sham.

International Business Times

Wall Street Journal fires new chair of Hong Kong Journalists Association

Selina Cheng says she believes her termination is linked to her taking up the position at the embattled union

The Guardian - UK

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The head of Hong Kong's leading journalist group says she lost WSJ job after refusing to drop role

The new chair of Hong Kong’s leading media professional group says she lost her job at The Wall Street Journal after she refused her supervisor’s request to withdraw from the election for the leadership post

The Independent UK

Trump Opposes EVs. His PAC May Get $45M From Elon Musk Every Month

Today on Critical Materials: Tesla CEO Elon Musk makes a huge donation commitment, EV tax credit is still confusing consumers, and used EV prices may stabilize.

InsideEVs

Trump’s arrival and ‘our God saves’: key takeaways from Republican convention day one

The ex-president names JD Vance as his running mate and becomes the official party nominee on an eventful first day

The Guardian - US

Elon Musk reportedly plans to give $45m a month to pro-Trump Super Pac

Tech billionaire to donate extraordinary monthly sum to group focused on helping Trump win election, report says

The Guardian - US

‘Dark day in American politics’: what the papers say about the Trump rally shooting

Newspapers and websites in the US and around the world are leading on the shocking events in Pennsylvania

The Guardian - AU

Dr. Ruth Westheimer, America’s diminutive and pioneering sex therapist, dies at 96

Dr. Ruth Westheimer, the diminutive sex therapist who became a pop icon, media star and best-selling author through her frank talk about once-taboo bedroom topics, has died

The Independent UK

From hostile reception to praise: How WSJ’s report on Biden laid bare media fault lines

Last week’s US presidential debate has made the murmurs grow louder about the mental acuity of Joe Biden, the incumbent US President and Democratic Party candidate. This has also meant that what was dubbed as a contentious piece of journalistic work in the Wall Street Journal early last month will…

Newslaundry

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The Independent UK

Nation’s largest bank Chase threatens to charge for checking accounts if government caps fees

Under the proposed government regulation, credit card late fees could be capped at $8 and overdraft fees could be capped at $3

Barchart

S&P 500 and Nasdaq 100 Post Record Highs on Rate Cut Expectations

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.54%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.02%. Stock indexes Friday settled moderately higher, with the S&P 500 and Nasdaq 100 posting...

Barchart

Stock Index Futures Tread Water as Investors Await Key U.S. Jobs Report

September S&P 500 E-Mini futures (ESU24) are up +0.04%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.11% this morning as trading resumed after the Independence Day holiday, with market participants bracing for the all-important U.S. payrolls reading due later in the day.

TV Tech

Reports: David Ellison Nears New Deal for Paramount

Ellison’s Skydance Media would pay $1.75B for Paramount’s holding company National Amusements

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Tom’s Hardware

Underground network smuggles Nvidia's AI GPUs into China despite US sanctions — some smugglers even sell entire servers

Chinese companies still have access to Nvidia's A100 and H100 GPUs due to smuggling.

International Business Times

Haley Encourages Trump To Ready Himself For Younger Opponent In The Wake Of Chaotic Biden Debate

Haley shared her observations of Thursday's debate, which she watched in her home state of South Carolina with her husband and friends.

The Independent UK

Biden’s friends and Democrat strategists pick up pieces a day after debate questioning his performance and electability

A host of lawmakers in Biden’s own party are allegedly discussing trying to replace him before the DNC in August as other outspoken Democrats rushed to his defense

The Independent UK

‘Train wreck’ debate unites polarized networks with outlets agreeing Biden-Trump was a ‘disaster’

The outcome of Thursday night’s debate left many feeling discouraged about the president and networks united in their reactions

The Guardian - US

‘10 minutes to destroy a presidency’: how US and global media reviewed the Biden-Trump debate

Headlines echoed Democrats’ anxiety that Biden is too cognitively weak and physically frail for another term

International Business Times

Walgreens To Close Underperforming Stores Amid Financial Challenges, Reports Say

CEO Tim Wentworth discussed the decision in interviews with CNBC and the Wall Street Journal, attributing it to challenges like weaker consumer spending forecasts.

Al Jazeera

Russia starts US journalist Evan Gershkovich’s trial: What’s next for him?

The reporter was arrested in March last year on a reporting trip in Russia’s Ural Mountains city of Yekaterinburg.

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