Today’s reporting examines emergency measures on the nation’s largest power grid, China’s Middle East diplomacy, a major welfare-policy change, declining international travel, corporate restructuring, accelerating AI-chip demand, Huntington’s gene therapy, Supreme Court reform, Taiwan’s defense expansion and the copyright rules governing AI training.
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US
Heat Wave Extends Emergency Measures Across Largest U.S. Grid
PJM extended emergency grid measures into Thursday as heat, power-plant outages and transmission constraints tested electricity supplies from the Midwest through the Mid-Atlantic without confirmed rotating blackouts.
World
Xi Uses Egypt Visit to Push New Middle East Security Order
Xi Jinping used his first Egypt visit in a decade to propose a new Middle East security order, backed by more than 20 cooperation documents and deepening Chinese investment around the Suez Canal.
Business
Uber Cuts 3,300 Jobs in Robotaxi-Era Restructuring
Uber is eliminating about 3,300 corporate jobs, or 10% of its workforce, while flattening management and consolidating teams. Strong cash flow gives the company room to redirect resources toward delivery and robotaxis.
Politics
House Rejects Constitutional Cap on Supreme Court’s Size
A House proposal to permanently limit the Supreme Court to nine justices failed 212–206, turning an unattainable constitutional amendment into a midterm test of the parties’ competing visions for judicial power.
Tech
Broadcom Sees AI Chip Revenue Reaching $230 Billion
Broadcom now expects AI semiconductor revenue to reach $115 billion in fiscal 2027 and $230 billion in 2028, a custom-chip surge that depends on concentrated customers, advanced supply and vast data-center buildouts.
Healthcare
uniQure Seeks FDA Approval for Huntington’s Gene Therapy
uniQure has asked U.S. regulators to accelerate approval of AMT-130, a one-time gene therapy for Huntington’s disease. The filing rests on promising but externally controlled Phase I/II evidence.
Policy
DOJ Ties $16.5 Billion in Welfare Aid to Immigration Reporting
The Justice Department says every agency in states receiving TANF or certain SSI funds must report people known to lack lawful status, reversing 28 years of policy and putting $16.5 billion in annual grants at risk.
Military
Taiwan Proposes $4.6 Billion for Missiles and Drones
Taiwan proposes $4.6 billion for a higher anti-missile layer, more than 40,000 attack drones, 600 surveillance drones and over 100 unmanned boats—but legislative approval and field integration remain decisive tests.
Travel
Trump Meets Travel Executives as Foreign Visits Fall
U.S. travel leaders set a goal of 100 million international visitors by 2030, but overseas arrivals remain lower and visa costs, Canadian demand and policy uncertainty leave a 14.8-million-visitor gap above the official forecast.
Entertainment
U.S. Pushes G20 Fair Use Rules for AI Training
Washington urged G20 governments to permit AI training under fair-use principles as ministers recognized both copyright protection and innovation, escalating a fight over who controls and profits from film, music and publishing catalogs.
