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Gabbard ends task force that aimed to reform intelligence gathering after less than a year

Director of National Intelligence Tulsi Gabbard announced she was ending the work of a task force that sought to reform the U.S. intelligence community, including rooting out what she described as the politicization of intelligence gathering, after less than a year since its creation. Gabbard established the group in April, when it was also tasked with probing ways to reduce spending on intelligence and whether reports on high-profile topics such as COVID-19 should be declassified....

Ford overtaken by BYD as China reshapes global car industry

Ford Motor Company has been overtaken in global vehicle sales for the first time by Chinese electric car giant BYD, underscoring the dramatic shift under way in the global automotive industry. Ford’s sales slipped 2 per cent last year to just under 4.4 million vehicles, while BYD sold 4.6 million, climbing to sixth place in the global rankings of car manufacturers. The milestone is symbolic for an industry shaped by Ford’s legacy. Founder Henry Ford...

City stalwart Schroders to be sold to US rival in £9.9bn deal

Blue-blooded fund manager Schroders is set to be sold to American rival Nuveen in a £9.9bn deal that will end more than two centuries of independence and deliver another setback to the London Stock Exchange. Nuveen, part of the Teachers Insurance and Annuity Association of America (TIAA), has agreed to acquire Schroders for 612p per share – a 34 per cent premium to the firm’s closing price of 456p. The transaction will create one of...

Norfolk police chief calls for tougher penalties for prolific shoplifters

The chief constable of Norfolk Police has called for tougher and faster punishments for repeat shoplifters, warning that persistent offenders are not being deterred by the current system. Paul Sanford said shoplifting was one of the few crimes in the county that continued to rise, and expressed frustration at delays in the courts. Speaking on BBC Radio Norfolk, Sanford said: “There’s big delays in our court system and I will share my frustration that sometimes...

Tangible raises $4.3m seed round to unlock scalable debt finance for hardtech firms

Tangible, a fintech platform focused on helping hardtech companies access and manage structured debt financing, has raised a $4.3 million seed round as it looks to modernise how capital-intensive businesses fund growth. The round was led by Pale Blue Dot, with participation from MMC, Future Positive Capital, Unruly, SDAC, Prototype Capital and Aperture. The funding will be used to scale Tangible’s team and deepen automation across its platform. Hardtech companies, spanning sectors such as energy,...

Lloyds Banking Group to close 95 more branches across UK

Lloyds Banking Group has announced plans to close a further 95 High Street branches, as the UK’s largest banking group continues to scale back its physical network in response to falling in-branch usage. The closures will affect 53 Lloyds Bank sites, 31 Halifax branches and 11 Bank of Scotland locations between May this year and March 2027. The latest move comes in addition to an existing programme that will see 49 branches close by October....

Trump threatens ‘consequences’ after 6 House Republicans voted to reverse his Canada tariffs

President Donald Trump is threatening to back election challengers against the six House Republicans who joined Democrats in voting to reverse his tariffs on Canada. The president sent out an ominous warning to GOP lawmakers in the House and Senate just before his agenda suffered a blow on Capitol Hill Wednesday evening. ‘Any Republican, in the House or the Senate, that votes against TARIFFS will seriously suffer the consequences come Election time, and that includes...

Only one House Dem voted in favor of voter ID, proof of citizenship in US elections

The House of Representatives passed a massive election integrity overhaul bill on Wednesday despite opposition from the vast majority of Democrats. The House passed Rep. Chip Roy’s SAVE America Act, legislation that’s aimed at keeping non-citizens from voting in U.S. federal elections.  It is an updated version of the Safeguarding American Voter Eligibility (SAVE) Act, also led by Roy, R-Texas, which passed the House in April 2025 but was never taken up in the Senate....

6 House Republicans defy Trump on key agenda item in Dem-pushed vote

The House of Representatives passed legislation on Wednesday aimed at reversing President Donald Trump’s tariffs on Canada after several Republicans joined Democrats for a rare rebuke of the GOP commander-in-chief. Democrats successfully got a vote on a measure to reverse Trump’s national emergency at the northern border using a mechanism for forcing votes over the objections of House majority leadership, called a privileged resolution. Trump signed an executive order in February 2025 implementing an additional...

Mike Tyson in the ‘fight of my life’ as he partners with Trump admin in health initiative to tackle obesity

Legendary boxer Mike Tyson found himself in a new arena on Wednesday as he stood with Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. and Agriculture Secretary Brooke Rollins, partnering with the Trump administration to fight obesity. ‘I had a sister that died at 25 from obesity. And where I come from, Brownsville, Brooklyn, is the most violent, poverty-stricken neighborhood in the city of New York and ultra-processed food was just the norm,’...