• Govt. Commits $2.4 Billion For 51,000 New Homes
  • Bangladesh in ODI Series Win Over Australia
  • US and Iran Close to Deal to End War
  • AI Defence Firm Arkeus Moves to Queensland
  • Canada Bans Social Media For Under 16's
SpaceX soars 23% and makes Elon Musk the first trillionaire

NEW YORK (AP) – Shares of SpaceX soared 23% in their Wall Street debut on Friday, making the rocket maker’s CEO Elon Musk the first-ever trillionaire. The shares opened at $150 and kept rising, reaching $166.90 around 12:.20 p.m. ET. That price gave the company a market value of $2.18 trillion.

Woman dies after being struck on Pacific Motorway

A woman has died following a tragic traffic incident on the Pacific Motorway at Loganholme on Sunday afternoon. Emergency services were called to the northbound lanes near Exit 30 about 3.40pm after reports of a serious collision involving a pedestrian and a vehicle.

 

Australia begins the Women's T20 World Cup as No. 1 with India surging

LONDON (AP) – Winning is what Australia is all about. In the history of cricket’s white ball world championships, the Australian women have won 13. The rest of the world has won nine. This week, Australia start the 10th Women’s Twenty20 World Cup ranked No. 1 and favored for a seventh title.

US stocks surge, and oil prices ease on hopes for Iran deal

NEW YORK (AP) - U.S. stocks rallied to their best day in two months, and oil prices fell. The S&P 500 jumped 1.8%, coming off a back-to-back drop that had yanked it back to where it was in early May. The Dow Jones Industrial Average leaped 1.9%, and the Nasdaq composite rallied 2.5%.

What Elon Musk's trillion means in real terms

NEW YORK (AP) – Catapulted by the market debut of his rocket company SpaceX, Elon Musk is now the world’s first trillionaire. That level of wealth, all owned by just one person, was once unfathomable. Before Friday, the trillion dollar mark was reserved for measures like the GDP (or staggering debt ) of a handful of major economies.

Iran's stranglehold on Strait of Hormuz loosens as Gulf Arab oil reaches market

DUBAI, United Arab Emirates (AP) – Iran ‘s stranglehold on the Strait of Hormuz may be easing – and its own oil problems now seem to be mounting. The crucial strait at the mouth of the Persian Gulf, through which a fifth of the world’s oil and natural gas supplies once passed, has been effectively shut by Iran’s attacks on shipping since the start of the war in February.

US and Iran are close to a deal to end their war, officials say

ISLAMABAD (AP) – The United States and Iran are close to signing an agreement aimed at ending their war, three regional officials told The Associated Press on Friday. A senior U.S. official said the tentative deal includes terms for removing and destroying nuclear material from Iran.

Keir Starmer says he's staying put after defense secretary's departure

LONDON (AP) – British Prime Minister Keir Starmer vowed Friday that he will fight to stay in office after the sudden resignation of his trusted defense minister left his shaky leadership weakened still further. Starmer has seen the departure of several junior and senior ministers in recent weeks.

The Trump Report: The Latest Updates

A federal judge agreed Friday to extend a court-ordered block on the Trump administration’s creation and operation of a $1.8 billion settlement fund for compensating people who claim to be victims of a weaponized government.

WASHINGTON (AP) – President Donald Trump on Wednesday showed how he had learned to stop worrying about inflation and simply, in his own words, “love” it. Asked about the new report that the consumer price index in May had jumped 4.2% over the last year, the president took a surprisingly optimistic tack with the challenging news.