“Amazon has overtaken Walmart to claim the No. 1 spot on the Fortune 500, ending the retailer’s 13-year run at the top of the annual ranking of America’s biggest companies by revenue. The latest list, based on fiscal 2025 revenue, puts Amazon in the top spot, followed by Walmart and UnitedHealth Group. The shakeup marks the first time since 2013 that Walmart has not held the No. 1 position on the Fortune 500. Amazon generated roughly $717 billion in revenue during the most recent reporting period, narrowly surpassing Walmart’s $713 billion. UnitedHealth Group rounded out the top three with $447.6 billion in revenue.” (06/03/26)
“A fire swept through a building in a New Delhi neighborhood Wednesday, killing at least 21 people and injuring several others, police said. The building in the Malviya Nagar neighborhood in the southern part of the city had a restaurant on the ground floor and a hotel above. The predominantly residential area is densely populated and is popular with students and young professionals. … Some of the victims were foreign nationals who had traveled to India for medical treatment, local media reported.” (06/03/26)
“South Korean voters overwhelmingly cast their ballots for the ruling Democratic Party in nationwide local elections Wednesday, exit polls said, in a show of support for President Lee Jae Myung one year into his term. Lee’s Democratic Party was projected to win 11 of the 16 key races in Wednesday’s elections, according to a joint poll conducted by broadcasters KBS, MBC and SBS. The opposition People Power Party was projected to take only one seat, while four races were too close to call. A separate poll by broadcaster JTBC found the Democratic Party projected to win 10 of the key races. The vote was the first nationwide test since Lee took office last June, when he won the presidency in a snap election after former President Yoon Suk Yeol was removed from office over his botched martial law attempt.” (06/03/26)
“A Royal Navy helicopter has crashed into a field in Devon, killing three navy staff. … Devon and Cornwall Police said earlier that emergency services were at the scene of the incident at Sourton Down, near Okehampton. The Navy added on Wednesday morning that the crash happened just before 4am. … The scene of the crash is close to Okehampton battle camp, a military facility on the edge of Dartmoor which has been used for training Merlin helicopter crews from the Commando Helicopter Force.” (06/03/26)
“President Trump saw his first major primary loss of the 2026 midterm election cycle in Iowa’s Republican gubernatorial primary Tuesday as businessman Zach Lahn defeated Rep. Randy Feenstra (R-Iowa). Lahn narrowly defeated Feenstra in the primary by just less than 1 point. Feenstra’s primary loss comes less than a week after Trump formally backed Feenstra, calling him ‘MAGA all the way!’ in a post on Truth Social. The congressman told supporters Tuesday that he called Lahn to concede the race to him on Tuesday. … While Feenstra won the coveted Trump endorsement, Lahn was backed by Trump allies within the conservative universe, including the MAHA PAC and Turning Point Action. Most of Trump’s endorsed candidates have seen success in the 2026 primary season, with his backed challengers Rep. Julia Letlow (R-La.) and Texas Attorney General Ken Paxton (R) defeating incumbent Sens. Bill Cassidy (R-La.) and John Cornyn (R-Texas), respectively.” (06/03/26)
“A Carnival Cruise Line passenger is being praised as a hero after jumping into the water to help an elderly man who fell from a pier during a cruise stop in Mexico. The incident occurred May 19 while Carnival Jubilee was docked in Costa Maya. Carnival Cruise Line confirmed the incident to Fox News Digital, saying an elderly guest fell into the water while returning to the ship. … Video of the rescue later circulated on social media — showing a passenger identified only as Myron removing his shoes and jumping into the water after spotting the man struggling near the ship.” (06/03/26)
“Thousands of Albanians took to the streets of Tirana on Tuesday night protesting against a development planned by a company linked with Donald Trump’s son-in-law Jared Kushner on an environmentally sensitive part of the Adriatic coast. The €1.4 billion ($1.6 billion) resort is being led by Kushner’s investment firm Affinity Partners on an island off Albania and an undeveloped stretch of coastline near the Vjosa-Narta protected landscape, a wetland home to flamingos, seals and sea turtle nesting sites. … Protests by locals and non-profit organisations started after large barbed wire fences were erected by developers at the proposed site in Zvernec, near Vlora. Several hundred gathered and clashed with private guards on Saturday and some were injured, a Reuters witness said.” (06/03/26)
“President Donald Trump acknowledged criticizing Israeli Prime Minister Benjamin Netanyahu as ‘crazy’ in a phone call that involved expletives, saying he was ‘a little bit perturbed’ that Israel’s fighting with Hezbollah militants in Lebanon was holding back peace talks with Iran. But even as the U.S. president conceded the tensions in an interview released Wednesday, he insisted that his relationship with Netanyahu was solid and that they connected, in part, because they are both ‘wartime’ leaders. … The president’s comments about the Monday call offered a sign of the growing pressure he faces to resolve the Iran war as higher energy prices and economic uncertainty threaten Republican prospects in the midterm elections and hamper global commerce.” (06/03/26)
“A prediction market reported U.S. Rep. George Santos to federal prosecutors after he boasted he’d be going to President Donald Trump’s State of the Union address, then bet against his own attendance, according to a person familiar with the investigation. Kalshi, the online prediction marketplace, referred Santos to the Department of Justice after detecting suspicious trades made by the former congressman ahead of Trump’s Feb. 24 speech, the person said. The person spoke to The Associated Press on the condition of anonymity because they weren’t authorized to discuss the matter publicly. Kalshi also reported the trades to the Commodity Futures Trading Commission, a federal regulatory body that has vowed to crack down on insider trading in prediction marketplaces.” (06/03/26)
“Thailand’s divisive former prime minister Thaksin Shinawatra was freed from parole on Wednesday after receiving a royal pardon from King Maha Vajiralongkorn, as the 76-year-old billionaire businessman’s plans remain unclear. Thaksin, who stood at the heart of a two-decade power struggle with rival sections of the Thai elite, served eight months of a one-year jail term for corruption and abuse of power. He was released from jail early last month due to his advancing age, with his term originally set to end by September. A royal decree pardoning him at the king’s discretion became effective on Wednesday, the birthday of Queen Suthida. Royal birthdays and other symbolic dates are often marked with pardons of jailed prisoners.” (06/03/26)
