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Suspect in Minnesota killings taken into custody. Attacks continue between Israel and Iran. West Virginia floods. CBS News Correspondent Steve Kathan has today's World News Roundup.
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Nippon Steel’s deal to buy U.S. Steel finally crossed the finish line. But there's an unusual aspect to the arrangement: a so-called "golden share," which gives presidents a stake in the merged companies and considerable power. Plus, a website is now live for President Donald Trump's “gold card" visa, intended to attract wealthy individuals. And later, we look at what's behind the bipartisan push to revive American shipbuilding.
From the BBC World Service: The price of oil is in flux as fears ease over a wider war in the Middle East. There have been days of missile strikes between Israel and Iran, and crude jumped by as much as 13% on Friday after Israel hit Iranian military and nuclear sites. Prices have since fallen back. We'll hear more about the market movements. Plus, the inaugural direct flight from the U.S. to Greenland touched down this weekend.
Plus: Israel’s military says that further airstrikes on Iran hit command centers of the country’s Revolutionary Guard, as fighting between the two countries continues. And Chinese consumers ramp up spending as factories take a hit from Trump’s trade war.
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So far, Israel’s strikes have not accomplished the stated mission of crippling Iran’s nuclear programme. A war of endurance will be decided by which side runs out of materiel first. South Asia has not been heating up as fast as other regions—thanks in part to its notorious pollution. And a close listen to the music-production genius of the late Brian Wilson.
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A.M. Edition for June 16. The man suspected of shooting a pair of Democratic state lawmakers in Minnesota is arrested after a sprawling two-day search. Plus, Israel takes control of Iran’s skies as it claims more strikes on Revolutionary Guard command centers. WSJ chief foreign-affairs correspondent Yaroslav Trofimov explains how that aerial superiority is creating a major power mismatch between the two sides, even as fighting continues. And the Trump administration orders a pause on immigration arrests at farms, restaurants and hotels. Luke Vargas hosts.
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President Donald Trump is expected to reverse President Joe Biden’s designation of two national monuments in California supported by area tribes. The Department of Justice issued an opinion that it is in the president’s purview to do away with Chuckwalla National Monument and Sáttítla Highlands National Monument. There is additional pressure to at least reduce the side of Bears Ears National Monument and Grand Staircase Escalante as President Trump did during his first term. The changes to national monuments also come as Republicans in Congress propose selling millions of acres of federal land, some of which is important to nearby tribes. We’ll get a rundown of the likely land moves and how it affects people.
We’ll also hear about the final piece in a land transfer to the Yurok Tribe that comprises the largest return of land to a tribe in California history. Nearly all of the Yurok’s traditional land — 90% — was taken during the time known as the California Gold Rush. A new “pay-it-forward” student loan model is gaining traction in cities like San Diego and Honolulu—offering interest-free funding with no payments due until graduates earn $50,000 a year. California’s Attorney General sues a Southern California real estate mogul, alleging widespread tenant abuse and unsafe living conditions. Toy giant Mattel teams up with OpenAI to develop AI-powered games and play experiences. And grocery workers at Kroger and Albertsons vote to authorize a strike over unfair labor practices.