News

U.S. Environmental Protection Agency: Four California exemption rules have been submitted to Congress. The rules previously gave California authority to set its own emissions standards, including for cars and trucks.

According to The Information: Microsoft (MSFT.O) has considered spinning off its Xbox business to operate independently, and plans to launch new "Halo" and "Fallout" series games.

Boeing (BA.N): After evaluation, the company determined that the T-7A trainer aircraft cannot meet the needs of the U.S. Navy's undergraduate jet training system. The company has informed the U.S. Navy that it will not compete in the current request for proposals.

Market news: A U.S. judge has scheduled a hearing on Türkiye’s Halkbank criminal case for Wednesday, June 17.

U.S. State Department: Plans to work with Congress to provide $50 million in funding to the Coalition for Epidemic Preparedness Innovations. The funds will be used to support research and development of medical countermeasures against the Bundibugyo strain of Ebola virus.

Senior US government official: Iran's civilian nuclear facilities are acceptable.

Senior U.S. government official: The United States and Iran have established a trust-boosting mechanism to facilitate an agreement.

Senior U.S. government official: Europe has been discussed as a venue for signing the agreement, but a decision has not yet been made.

U.S. Energy Secretary Wright: U.S. refiners can still absorb more Venezuelan crude.

Senior U.S. Government Official: Iran’s Supreme Leader Is Reportedly Satisfied with Our Progress in Negotiations.

Senior US government official: The United States will need to study how to ensure the implementation of the agreement. We envisage a 60-day period of technical negotiations.

Senior U.S. government official: Iran promises never to develop nuclear weapons.

Senior U.S. Government Official: The agreement with Iran includes a broad regional peace agreement involving Lebanon, Iran and Gulf countries.

Senior U.S. Government Official: We have a text that both Iran and the U.S. are satisfied with.

Senior U.S. government official: This agreement is an important first step to ensure that Iran cannot obtain nuclear weapons.

Senior U.S. government official: Under the agreement, the United States will obtain Iran’s enriched nuclear materials.

Senior U.S. government official: Some Iranian hardliners want to undermine the deal.

The Fed accepted a total of $454 million from six counterparties in fixed-rate reverse repurchase operations.

Senior US Government Official: Israel will be satisfied with the agreement after seeing the full terms of it.

Senior U.S. government official: There is serious mutual distrust between the two sides.