

A federal judge has allowed a lawsuit challenging the Department of Justice's proposed $1.8 billion "Anti-Weaponization" fund to proceed, rejecting the DOJ's request for dismissal. Judge Leonie Brinkema emphasized that the department failed to provide a sworn written declaration confirming the fund's permanent discontinuation, despite Acting Attorney General Todd Blanche's prior testimony. The judge expressed significant concern over the lack of official assurance, especially given the President's consistent backing of the initiative. This ruling ensures continued judicial scrutiny over the fund's status and highlights the importance of formal, trustworthy commitments from the executive branch on such matters.
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CNBCThe United States has assured India that access to advanced AI technology, once provided, will not be cut off, addressing India's concerns about an AI "kill switch." This assurance came during the "Pax Silica" summit in Washington, a US-led initiative aimed at building China-free AI supply chains. India's Ministry of Electronics and Information Technology secretary, S. Krishnan, noted that American officials mentioned an internal review mechanism for AI models before release. The discussions underscore efforts to foster trust in technology partnerships while navigating geopolitical competition in the AI sector.
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South China Morning PostThe Supreme Court, in a 6-3 decision, struck down a Hawaii law that required concealed-carry permit holders to obtain permission before bringing firearms onto private property open to the public. Justice Samuel Alito's majority opinion asserted that the restriction "hobbles what the Second Amendment protects: the right of Americans to carry arms for self-defense." The ruling follows the Court's 2022 decision recognizing the right to carry firearms outside the home, establishing a historical tradition test for gun regulations. Dissenting justices argued the case concerned property rights, accusing the majority of prioritizing firearm access above all else.
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CBS NewsEurope is increasingly embracing air conditioning as deadly heatwaves become more common, challenging a long-held cultural aversion to the energy-intensive technology. Recent extreme temperatures have led to numerous deaths and record-breaking heat across the continent, prompting a surge in AC sales. Despite environmental concerns and higher energy costs compared to the U.S., the necessity for cooling is overriding traditional architectural solutions and stoicism. Experts advocate for energy-efficient, solar-powered units and a combination of modern and traditional cooling methods to mitigate climate impact, as Europe is projected to double its AC stock by 2050.
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CBS NewsVenezuela was struck by two powerful earthquakes, magnitudes 7.2 and 7.5, on Wednesday evening, resulting in at least 164 deaths and nearly 1,000 injuries. Acting President Delcy Rodriguez confirmed extensive building collapses in Caracas, initiating intensive rescue operations as the U.S. Geological Survey projects a potential death toll exceeding 1,000. The U.S. Southern Command is actively supporting the Venezuelan government's relief efforts, while Simón BolÃvar International Airport in Caracas remains closed until Friday. The widespread chaos is further evidenced by over 25,000 reported missing, highlighting the immense humanitarian crisis unfolding across the nation.
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Micron Technology's stock surged by as much as 19% after the memory maker reported exceptional third-quarter earnings, attributing its success to the escalating demand for memory chips fueled by the artificial intelligence boom. The company's revenue quadrupled year-over-year to $41.46 billion, surpassing analyst expectations. Micron has secured $22 billion in financial commitments through 16 long-term agreements with major customers, including data centers and automakers. This strong performance has bolstered sentiment across the semiconductor sector, reinforcing confidence in the ongoing AI investment cycle despite recent market volatility in high-growth tech names.
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CNBCThe Supreme Court, in a 7-2 decision, ruled that Bayer cannot be sued over state-level claims alleging the company failed to warn of cancer risks from its Roundup weedkiller containing glyphosate. This decision marks a significant victory for Bayer and the Trump administration, which argued federal pesticide law preempts such failure-to-warn claims. The ruling is expected to significantly contain ongoing Roundup litigation, leading to the dismissal of current warning-based cases and barring future ones. The decision, however, drew criticism from activists who view it as a betrayal of public health interests, despite the EPA not requiring a cancer label.
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CNBCNumerous Turkish journalists, media outlets, and unions have expressed strong anger after being denied accreditation to cover an upcoming NATO summit in Ankara. Outlets critical of Turkish President Recep Tayyip Erdogan, including Cumhuriyet newspaper and Halk TV, were among those excluded from the July 7-8 event. NATO spokesperson Allison Hart stated the bloc is in contact with Turkish authorities, emphasizing the importance of media presence at major events. Press freedom groups have decried the move as "alarming," highlighting Turkey's low ranking in press freedom indices and the ongoing concerns about media restrictions in the country.
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Deutsche WelleRumors are intensifying that pop superstar Taylor Swift and NFL player Travis Kelce might wed at New York City's Madison Square Garden over the July 4th holiday weekend. City officials confirmed a permit was filed to close streets around the venue from July 2-4, and reports suggest Amtrak police are preparing for a Swift wedding. While the couple's names weren't on the permit, several Kansas City Chiefs players reportedly booked nearby hotel rooms. Fans express surprise at the choice of a windowless arena, contrasting it with the couple's romantic engagement photos and Swift's usual aesthetic, during a busy holiday period for the city.
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BBCMercedes driver George Russell believes Lewis Hamilton and Ferrari are a "huge threat" for this year's Formula 1 world championship, following Hamilton's recent victory in Barcelona. Hamilton, who secured his first win with Ferrari, is now 41 points behind championship leader Kimi Antonelli. Russell praised Hamilton's recent performance, noting his recovery from a difficult first season with Ferrari and dispelling doubts about his age. Ferrari is recognized for having the best chassis this season, and with an engine upgrade planned for the upcoming Austrian Grand Prix, their title challenge appears increasingly formidable.
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BBCRepublican Michigan Senate candidate Mike Rogers asserts that the Democratic Party's embrace of socialist candidates is causing everyday Americans to "wake up" and abandon the party, particularly in key swing states like Michigan. Rogers claims the Democratic Party has veered "so far to the left," neglecting working and middle-class Americans, and that socialist ideas are "terrifying." He points to recent Democratic primary victories by Mamdani-backed Democratic Socialists of America members and progressive Brad Lander as evidence of this shift. Rogers believes his campaign's focus on affordability, jobs, and education, combined with an "optimism" message, is resonating with voters.
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Fox NewsFootball pundit Alan Shearer suggests England needs to make significant changes to their lineup for the upcoming World Cup match against Panama, despite historical data showing past winners often drop points early. Following a disappointing draw with Ghana, Shearer advocates for Bukayo Saka and Marcus Rashford to start, criticizing the previous wingers' lack of directness and poor crossing. He also recommends bringing Nico O'Reilly back at left-back for increased creativity and potentially John Stones in defense. Shearer emphasizes the need for more urgency and risk-taking against Panama, who are already out of the tournament.
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BBCLabour's ruling body has outlined a timetable that could see Andy Burnham installed as the new party leader and UK Prime Minister as early as July 17. This rapid transition is possible if Burnham remains the only Member of Parliament to secure the required nominations from 81 MPs and affiliated bodies. With significant backing already from cabinet ministers like Rachel Reeves and Yvette Cooper, it appears increasingly likely Burnham will consolidate enough support to avoid a full leadership ballot. Sir Keir Starmer, who resigned as prime minister, will remain in office until his successor is chosen, aiming for an orderly transition.
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BBCGOP Senator Bill Cassidy of Louisiana reversed his support for a Democrat-led effort to restrict President Trump's war powers in Iran, following a White House briefing he secured after a heated exchange with the President. Cassidy, who had previously supported the resolution due to a lack of briefings, explained that the information received outlined a plausible plan to achieve original objectives regarding Iran's nuclear and conventional capabilities. He recounted losing his temper during the Senate Republican lunch meeting with Trump, emphasizing his need for information to serve his constituents effectively. The senator's change of vote ultimately helped defeat the Democratic effort.
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CBS NewsThe speaker of Iran's parliament, Mohammad Bagher Ghalibaf, publicly scoffed at Trump administration claims that Iran's unfrozen assets would be used exclusively to purchase U.S. agricultural products. This retort came after President Donald Trump and Treasury Secretary Scott Bessent asserted that a temporary peace deal, unfreezing Iranian funds, would benefit American farmers. Ghalibaf dismissed these claims on X, stating Iran would purchase based on "prices and quality," not U.S.-imposed conditions. The exchange highlights deep mistrust between the nations, with Iran's Foreign Ministry also rejecting the idea that the war's philosophy had shifted to enriching U.S. farmers.
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CNBCLuxury spending is projected to rebound this year, primarily driven by a growing preference for experiences over luxury goods, according to a new Bain & Co. and Altagamma report. While personal luxury goods sales are expected to see modest growth, experiential luxury, including travel, events, and dining, is forecast for stronger growth. Wealthy consumers are increasingly prioritizing unique and authentic moments, leading to a rise in "immersive wayfaring" and "inheritourism," where families travel together to non-traditional destinations. The U.S. is now the leading market for luxury goods growth, fueled by aspirational consumers, indicating a significant shift in consumer values.
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CNBCDeepSeek, a prominent Chinese AI firm, has announced a significant hiring spree, aiming to "at least double the size of every department" as it intensifies its pursuit of Artificial General Intelligence (AGI). The company is recruiting for 33 positions across various categories, including AI core system R&D and deep learning research. DeepSeek emphasizes a philosophy of empowering newcomers with core tasks, promising rapid growth into top industry talent and a role in shaping the "new epoch" of AGI development. This ambitious expansion underscores China's commitment to leading in advanced AI capabilities.
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South China Morning PostThe UK has recorded its hottest June day and night, with temperatures reaching 36.7C (98.1F) in Somerset, triggering a rare red warning for extreme heat across parts of England and Wales. This marks the third consecutive day of extended warnings, impacting millions and causing school closures, transport disruptions, and a hosepipe ban. Overnight temperatures in Cardiff remained above 23.5C, breaking previous records. The Met Office warns of widespread adverse health effects and potential failure of heat-sensitive systems. At least six NHS trusts have declared critical incidents due to the heatwave's impact on IT systems and medical equipment.
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BBCU.S. Park Police are seeking public assistance to identify an individual involved in a "destruction of government property" investigation at the Lincoln Memorial Reflecting Pool. A blurry video released by police shows a person appearing to remove something from the water on June 19. This bulletin comes amidst President Donald Trump's repeated claims that vandals damaged the Reflecting Pool after a $16 million renovation, though the White House has not yet provided concrete evidence. Trump stated that vandals have been largely caught and prosecuted, while Park Police confirmed several arrests and federal citations for alleged vandalism.
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Wendy's shares fell nearly 3% after failing to extend a meme stock rally that saw its value surge by 25.7% the previous day. The initial spike was largely disconnected from company fundamentals, instead fueled by social media enthusiasm from retail traders on Reddit forums, who launched a "Save Wendy's" campaign. Analysts noted the phenomenon as another instance of the "Reddit crowd" influencing stock movements, similar to GameStop. Despite the appointment of a new CFO and chief strategy officer, the stock's decline suggests the speculative retail buying, which had reached seven times normal levels, was short-lived.
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CNBCJim Cramer's Charitable Trust has opted to sell 50 shares of Cardinal Health, slightly reducing its portfolio weighting to 2.25%. This decision follows a robust rally in the health-care sector, with Cardinal Health's stock reaching a new all-time high after a 6% increase this week and 20% this month. The Trust, which had previously navigated market volatility by averaging down on its position, is now capitalizing on these gains. Consequently, the price target for Cardinal Health has been increased from $225 to $245, reflecting a strategic move to secure profits. (not investment advice)
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CNBCApple has announced price hikes for its MacBooks and iPads globally, attributing the increases to an "unprecedented challenge" from rapidly rising memory and storage chip costs. The company stated that the "extraordinary surge" in demand for chips to power AI data centers has led to component price increases unseen before. MacBook Pro models and the entry-level MacBook Neo are among the affected devices, with price adjustments of up to 20%. Apple CEO Tim Cook had previously hinted at unavoidable price increases, indicating that even major tech companies are not immune to the economic pressures of the AI boom.
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BBCTennis icon Chris Evert has announced that her ovarian cancer has returned, revealing she recently underwent surgery as the first step in her new treatment plan. Evert, an 18-time Grand Slam champion, shared her health journey on social media, stating she will undergo chemotherapy in the coming weeks. This recurrence will prevent her from attending Wimbledon this year, where she typically serves as a broadcast commentator, and she plans to step back from other professional commitments. Evert expressed optimism and determination to continue fighting the relentless disease, having previously announced she was cancer-free in 2023.
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CBS NewsConcerns are escalating over the potential for mass atrocities in Sudan as Rapid Support Forces (RSF) troops surround el-Obeid, a strategically vital city in North Kordofan. The UN Security Council and several nations have flagged an "imminent risk" as the RSF appears to be preparing an offensive to retake the city, which has been under Sudanese Armed Forces (SAF) control since February 2025. El-Obeid serves as a critical logistical hub for troop movements and supplies, and its capture would provide the RSF with an advantageous forward operating base. Warnings echo those preceding the devastating attack on el-Fasher, where thousands were killed.
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Deutsche WelleBiohub, a Chan Zuckerberg Initiative-funded research organization, announced a fourth funding round for its Rare As One Network, committing over $150 million to rare disease initiatives. This cycle will focus on rare pulmonary, immune diseases, and cancers, with applications opening in October. The initiative also expands its partnership with Every Cure, a nonprofit using AI to identify existing drugs for repurposing, aiming to accelerate patient-centered research programs. Priscilla Chan emphasized patients as powerful drivers of scientific progress, noting that AI is lifting the ceiling on what's possible for families facing rare conditions and highlighting the network's success in building research infrastructure.
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CNBCA recent Supreme Court decision striking down a Hawaii gun law, Wolford v. Lopez, has drawn sharp criticism for its reliance on the controversial 2022 Bruen precedent. The ruling, decided along party lines, is seen by critics as further evidence that the Court's Republican justices are applying Bruen in bad faith. Justice Samuel Alito's majority opinion is faulted for inadequately addressing historical parallels to Hawaii's law, which required permission to carry guns on public-accessible private property. The analysis argues that the Court's arbitrary framework makes it difficult for any gun control law opposed by Republicans to be upheld, regardless of its historical grounding.
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VoxThe United States is mounting a large-scale humanitarian operation in Venezuela following devastating twin earthquakes, testing Washington's evolving relationship with Caracas in the post-Maduro era. Secretary of State Marco Rubio announced the deployment of search-and-rescue teams, military logistics, and humanitarian aid. This swift disaster response marks the first major challenge for the partnership between the US and interim President Delcy Rodriguez, established after the removal of Nicolas Maduro. The effort highlights a shift in Washington's strategy, moving beyond oil interests to focus on security cooperation and economic recovery amidst a national emergency.
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South China Morning PostNew York prosecutors have decided to drop the remaining sexual assault charge against Harvey Weinstein, opting not to pursue a fourth trial. This charge stemmed from allegations by Jessica Mann, whose case resulted in two hung juries and one overturned conviction. Manhattan District Attorney Alvin Bragg Jr. cited Mann's unwillingness to endure another taxing trial, while affirming belief in her account and bravery. Weinstein remains incarcerated due to other sexual felony convictions in New York and a 16-year sentence in California, ensuring he will likely spend his life in prison. The decision closes a chapter in a case that fueled the #MeToo movement.
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BBCThe Minnesota Timberwolves have reportedly acquired point guard LaMelo Ball and Josh Green from the Charlotte Hornets in a significant NBA trade. In return, the Hornets will receive power forward Naz Reid, a 2033 unprotected first-round draft pick, three first-round pick swaps, and three future second-round picks. Ball, a 2022 All-Star, averaged 20.1 points last season but has struggled with injuries throughout his career. This move aims to bolster the Timberwolves' championship aspirations after stagnating in recent playoff runs. The trade, part of a larger transaction, is expected to create a record trade exception for Charlotte.
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The GuardianFlorida Governor Ron DeSantis confirmed the closure of the controversial "Alligator Alcatraz" immigration detention facility, stating its mission is fulfilled with all detainees relocated. Vendors operating the $1.2 billion facility were notified of "full demobilization," with remaining detainees either transferred or deported. The move, initially cited for safety concerns ahead of hurricane season, follows months of speculation and harsh criticism from human rights groups over alleged mistreatment of detainees. Miami-Dade Mayor Daniella Levine Cava announced plans to pursue permanent conservation of the facility's county-owned land, aiming to integrate it into the Comprehensive Everglades Restoration Plan.
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CBS NewsWith current economic conditions marked by inflation and elevated interest rates, many homeowners are exploring options to access funds, and a $100,000 home equity loan presents an affordable solution. The average interest rate for such a loan is 6.98% as of June 25, 2026, making it significantly cheaper than earlier this year. A $100,000 loan would cost approximately $1,160.05 per month over 10 years or $897.71 over 15 years. While offering a fixed rate and lump sum access for major expenses or debt consolidation, borrowers must remember their home serves as collateral, emphasizing responsible repayment planning. (not investment advice)
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CBS NewsGeneral Motors has revealed its 2027 GMC Sierra 1500 pickup truck lineup, featuring new V-8 engine options and a completely redesigned interior and exterior. These trucks are crucial for GM's sales and profitability, especially the high-margin Denali luxury and AT4 off-road models. The new Sierra will streamline its lineup to Pro, Elevation, AT4, AT4X, Denali, and Denali Ultimate trims, eliminating mid-level options. Key interior enhancements include more storage, a sliding center console, and over 60 inches of available screens. The models will also offer two six-cylinder engines, including a GM-exclusive diesel variant, with pricing to be announced closer to release.
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CNBCThe Federal Reserve's preferred inflation gauge, the personal consumption expenditures (PCE) price index, rose to a three-year high of 4.1% in May from a year earlier, signaling potential political challenges for the Trump administration. This increase, largely driven by peaking gas prices and higher semiconductor costs, suggests inflation could prompt the Fed to consider rate hikes this year instead of cuts. Although oil and gas prices have since fallen, May's average gas prices were significantly higher than the previous year. Consumer spending and inflation-adjusted incomes also rose, indicating some economic resilience despite persistent high costs. (not investment advice)
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The GuardianWhen a loved one dies, their unpaid medical bills typically become claims against their estate, rather than automatically transferring to surviving family members. Medical debt is unsecured, meaning it's paid from estate funds after priority claims like administrative costs and funeral expenses. If the estate runs out of money, the medical bills often go unpaid. However, exceptions exist, such as when a family member co-signed bills, lives in a community property state, or is subject to filial responsibility laws. Proactive strategies like negotiating bills or exploring debt relief options can help prevent medical debt from impacting an estate.
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CBS NewsA 12-year-old California boy, Fernando Torres Moreno, tragically drowned in a lake at Central Park after jumping in to escape an attack by three vicious dogs. Another minor sustained serious bite injuries. Police are now searching for the dogs' owner, Kenneth Dobbins, a 68-year-old unhoused, previously convicted felon with ties to Los Angeles County and Palmdale. An arrest warrant has been issued for Dobbins on charges of involuntary manslaughter and negligent ownership. One of the dogs has been seized, but authorities are still looking for Dobbins and the remaining animals. Over $10,000 has been raised for the victim's family.
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LA TimesNew evidence suggests Robert F. Kennedy Jr. was on a vaccine-related "mission" during his 2019 visit to Samoa, directly contradicting his Senate testimony that the trip had "nothing to do with vaccines." Emails obtained by The Guardian show Kennedy's colleague informed Samoan officials they were coming to study medical records after a "discontinuity in vaccinations." Kennedy, then chairman of Children’s Health Defense, had claimed he went to introduce a medical informatics system. This new information, following a deadly measles outbreak in Samoa post-visit, has prompted Democratic senators to accuse Kennedy of lying to Congress, raising further questions about his role as Health Secretary.
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The GuardianSnap CEO Evan Spiegel and his wife, supermodel Miranda Kerr, have made a significant donation to Undue Medical Debt, a nonprofit, to eliminate $550 million in medical debt for over 261,000 Californians. The couple's multimillion-dollar contribution, which leverages the nonprofit's model of acquiring debt for a fraction of its cost, aims to alleviate financial stress for families. This philanthropic effort addresses the growing medical debt crisis in the U.S., where one in four adults are affected. The initiative primarily benefits those earning at or below 400% of the federal poverty level or whose medical debt exceeds 5% of their income.
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LA TimesSurvivors of Venezuela's catastrophic twin earthquakes, magnitudes 7.2 and 7.5, described scenes of utter devastation, with one journalist recounting being trapped in an elevator as "everything collapsed." The quakes, the strongest in over a century, caused widespread destruction, particularly in La Guaira, leaving at least 164 dead and over 900 injured, with tolls expected to rise. Acting President Delcy RodrÃguez declared a state of emergency, while the U.S., through Secretary of State Marco Rubio, is deploying search teams, medical resources, and humanitarian aid. Residents are grappling with collapsed buildings, lack of electricity and water, and fear of further instability.
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CBS NewsA federal judge in Boston has blocked the Trump administration from enforcing an executive order that sought to impose stricter mail-in voting rules and create a federal list of eligible voters. U.S. District Judge Indira Talwani ruled that the executive and legislative branches lack authority over voter rolls, which constitutionally belong to the states. The order had directed the Homeland Security Secretary to compile a list of eligible citizens and required the Postal Service to send absentee ballots only to those on a government-approved list. Talwani also found the order's directive to investigate officials not using the list as an attempt to intimidate local election officials.
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CBS News