SpaceX buys AI coding startup Cursor for $60 billion for an edge over Anthropic and OpenAI

SpaceX will move forward with its $60 billion acquisition of artificial intelligence startup Cursor as Elon Musk’s space exploration and AI company seeks a competitive edge against rivals Anthropic and OpenAI after its Wall Street debut last week.

Bank of Japan raises its key interest rate to three-decade high

TOKYO (AP) – The Bank of Japan raised its benchmark interest rate to 1% on Tuesday, citing challenges stemming from a weak Japanese yen and higher prices. The central bank’s increase in the uncollateralized overnight rate, by a quarter of a percentage point from 0.75%, puts it at a three-decade high.

Pizza Hut, overtaken by delivery culture, will be sold for $2.7 billion

Pizza Hut, the 68-year-old chain that has long struggled with growing competition and outdated restaurants, will be sold for $2.7 billion by parent company Yum Brands.

Editorials from The Washington Post, The Wall Street Journal, The Guardian and others

Excerpts from recent editorials in the United States and abroad:

Nvidia's Huang pledges AI will boost manufacturing jobs

SHERMAN, Texas (AP) – Jensen Huang’s company Nvidia makes the computer chips that unleashed a revolution in artificial intelligence. Now he’s wagering that an AI buildout can revive U.S. manufacturing, pushing past limits facing science and society.

McDonald's serving fried apple pie again for America's 250th birthday

McDonald’s is frying up some apple pies to honor America’s 250th birthday. The company said Tuesday it’s bringing back fried apple pies for the first time in more than three decades. They’ll be available at most U.S. restaurants for a limited time starting June 23.

From YouTube to Hollywood: Digital creators are remaking the movie business

NEW YORK (AP) – Some of the most promising young filmmakers in the movie business are arriving in Hollywood already experts at entertaining audiences and going viral.

Iran war is a wake-up call for Southeast Asia's energy sector

BANGKOK (AP) – The Iran war has exposed major risks for Southeast Asia that could cost the region billions of dollars, if it doesn’t diversify sources of energy more quickly, according to an International Energy Agency report released Tuesday.

Solar cold storage helps African farmers cut losses

NAIROBI, Kenya (AP) – Kenyan farmer Yvonne Anyonyi Mumiah walks in the early morning between rows of rosemary, basil and other crops destined for European supermarkets. She once worried that transport delays or extreme heat could spoil much of her harvest, but now relies on a solar-powered cool storage service to keep her produce fresh.