“German engineering and technology firm Bosch has agreed to pay a $36 million [bribe] to resolve federal allegations that it exported restricted products and software to China’s Huawei. Federal prosecutors announced the agreement Wednesday, saying the Bosch resolution was the National Security Division’s first declination under the Justice Department’s new corporate self-disclosure policy. The company has agreed to forfeit the $11.4 million in profits it made in the alleged transactions, with a portion being credited against the [bribe]. As a result, the NSD has declined to prosecute the company.” (06/18/26)
“The Bank of England held U.K. interest rates at 3.75% on Thursday, as policymakers continue to balance the need to address above-target inflation with lackluster economic output. The hold, which was in-line with the expectations of economists polled by Reuters, was backed by seven of the nine monetary policy committee members in the BOE’s May meeting. BoE chief economist Huw Pill and Megan Greene, an external member of the rates-setting Monetary Policy Committee, were the two dissenting voices. Pill and Greene both cast votes to hike the BOE’s ‘base rate’ by 25 basis points to 4%.” (06/18/26)
“An Ecuadorean man, who police accuse of leading a faction of one of the country’s most feared criminal gangs, has been shot dead as he was leaving the airport in Ecuador’s largest city, Guayaquil. Security footage shows two young men waiting outside the arrivals terminal holding stuffed toys and flowers before one of them approaches the victim, pulls his gun from behind a teddy and shoots him point-blank. Police have detained two teenagers in connection with the crime, the latest in a widespread wave of gang violence. … Ecuador’s interior minister, John Reimberg, identified the victim of Wednesday’s attack as 39-year-old Carlos Alberto Suástegui Villanueva, who he said was the leader of the Los Águilas gang in El Triunfo, a region east of Guayaquil.” (06/18/26)
“Three Saudi-flagged supertankers with six million barrels of crude onboard sailed through the Strait of Hormuz hours after U.S. President Donald Trump signed a deal with Iran over an end to their war, ship tracking data showed on Thursday. Other tankers showed their positions sailing through the strait on public ship tracking on Thursday after weeks of ships concealing their voyages when crossing through the waterway. The sailings from Saudi ports were the biggest departures through the strait in weeks, according to Reuters analysis of shipping movements. Saudi Arabia has mainly used its Red Sea port terminal of Yanbu to ship out oil due to the conflict which started on February 28 and which has stopped hundreds of millions of barrels of oil from leaving from Gulf producer ports through the Strait of Hormuz.” (06/18/26)
“Two high-stakes Supreme Court battles over President Donald Trump’s authority to remove federal officials could reshape the balance of power in Washington, but legal experts say the justices may draw a sharp line between the cases. At the center of the debate are Slaughter v. Trump, involving the firing of Federal Trade Commission Commissioner Rebecca Kelly Slaughter, and Trump v. Cook, involving Federal Reserve Governor Lisa Cook. While both cases touch on presidential removal power, legal scholars say the disputes present fundamentally different legal questions. In Slaughter, the administration is directly challenging statutory restrictions on the president’s ability to remove FTC commissioners, arguing that limits on the president’s authority to fire commissioners violate his Article II executive powers. But in Cook, the central question is whether Trump met the Federal Reserve Act’s ‘for cause’ removal requirement.” (06/18/26)
“Waymo is recalling over 3,800 of its self-driving taxis due to a software issue that could cause them to enter closed freeway construction zones at speed, according to a National Highway Traffic Safety Admininstration (NHTSA) bulletin seen by Reuters. The company is reportedly working on a fix and has ‘restricted freeway driving,’ the NHTSA safety notice states. It’s not known if Waymo had an incident that prompted the recall. … This is the second recall for the Alphabet-owned robotaxi company in a bit more than a month. Back in May, Waymo recalled 3,791 robotaxis after a vehicle drove onto a flood road in San Antonio. Fortunately, no one was injured as the taxi was unoccupied, but the vehicle was swept away by the flood. Prior to that, the fleet was recalled for a particularly dangerous situation when some of its robotaxis were seen failing to stop for school buses that had their stop signs and flashing lights deployed.” (06/18/26)
“The San Francisco arts community is mourning the loss of Judith and Wylie Sheldon, longtime patrons of film and performances in the city. On Monday evening, a California Highway Patrol officer discovered the couple’s bodies inside their car on the side of Interstate 5 north of Redding. Judy was 84, and Wylie was 86. … Lieutenant Josh Smith with the CHP told SFGATE that the couple was traveling to the Oregon Shakespeare Festival when, on June 15 around 5:46 p.m., a CHP officer checked on their Jeep Compass parked along the highway approaching Lake Shasta. The car’s engine was still running, and the couple was found unresponsive inside. … Smith said they do not suspect foul play.” (06/18/26)
“Bitcoin steadied near $64,100 on Thursday, down about 1% over the past 24 hours, as traders weighed a hawkish debut from new Federal Reserve Chair Kevin Warsh against early signs the market may be carving out a bottom. The leading cryptocurrency held a market cap near $1.29 trillion and — despite the post-Fed pullback — remained up 2% over the past week. Ethereum and Solana also eased, trading near $1,740 and $72, respectively.” (06/18/26)
“China and Russia have retrieved downed Unidentified Anomalous Phenomena (UAPs) and tried to reverse-engineer them, an expert claimed, citing newly released documents. Jordan Flowers, executive director of the UAP Disclosure Foundation, said one of the most significant takeaways from the third tranche of UFO files made public on June 12 was that the US’s foreign adversaries also appear to be engaged in research that could threaten national security. … The suggestion that Russia and China may have retrieved downed UAPs and are surveilling the US’s research wasn’t the only mention of a foreign nation in the newly released files. A cable from the Central Intelligence Agency placed its assets in the African nation of Zimbabwe on high alert on July 2, 2008, after a UFO was spotted hovering directly over the country’s main airport.” (06/18/26)
“A massive ancient oak tree linked to the legend of Robin Hood may have been loved to death. The 1,200-year-old Major Oak in Sherwood Forest is believed to have died after it didn’t sprout leaves this spring, the Royal Society for the Protection of Birds said Thursday. Visitors who viewed the tree’s gnarled limbs and sprawling canopy in Nottingham over the past two centuries compressed the soil around it, making it difficult for rain to reach its roots, the conservation group said. … The tree is said to have sheltered Robin Hood, the legendary 13th century bandit who stole from the rich and gave to the poor and took refuge in the forest when being pursued by the sheriff of Nottingham.” (06/18/26)
