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Godfrey Phillips India has emerged as a standout in Bloomberg’s tobacco stock cohort, rising over 50% so far this year. Read for free with your email on what could move markets today

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Senior dealmakers in India are earning more than their counterparts in Singapore and Hong Kong, according to Bloomberg Intelligence, as global firms boost pay to attract top talent in the world’s fastest-growing major economy

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Like a growing number of US communities, Torrance County, New Mexico, is convinced its financial survival depends on locking people up

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The head of one of Japan’s largest investment banks used the Tokyo Pride parade to strike a rare public stance on pushing ahead with diversity initiatives, as US President Donald Trump seeks to abolish such policies.

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ICE seeks to ramp up DNA-testing of immigrants with $25 million contract

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⏰ Pointed, our weekly news quiz, is closing soon: • Wager your points on categories you think you know • Leverage your bets on questions you know you know • Make sure to answer wisely Play now and share your results

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Immigrants detained by ICE in the first month of Trump’s second term were taken across state lines at a higher rate than previous administrations, boosting American taxpayers’ costs

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Robert F. Kennedy, Jr. is getting rid of all the members of committee that advises the US on vaccine safety. @gerryfsmith.bsky.social has a first take out -- update coming shortly > www.bloomberg.com/news/article...

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To anyone in LA, Trump’s claims about it being some violent, dystopian hellscape are obviously false. Unfortunately, flaming Waymos have only made it harder for California's leaders to prove that. I explain why it matters in my latest for @opinion.bloomberg.com. www.bloomberg.com/opinion/arti...

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The Department of Health and Human Services is retiring the 17 members of a committee of government vaccine advisers, Secretary Robert F. Kennedy Jr.

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BREAKING: The Trump administration is sending about 700 active duty Marines to reinforce the National Guard in response to protests in LA

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What questions do you have about Apple’s announcements at #WWDC? Tune into our Live Q&A with @markgurman.bsky.social and Edward Ludlow on June 10 at 12:30 p.m. EDT: bloom.bg/4jL2Ch4

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Oil & gas deals are tanking. The world’s top M&A law firm has been here before www.bloomberg.com/news/article...

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California is suing the Trump administration for deploying the state’s National Guard in Los Angeles to quell unrest over the president’s immigration raids www.bloomberg.com/news/article...

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President Donald Trump’s signature trade policy is threatening to backfire by upending other top priorities: the revival of US manufacturing and the American Rust Belt

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Los Angeles is heading into a fourth day of unrest with California Governor Gavin Newsom vowing to sue to block the Trump administration’s deployment of National Guard troops in the city www.bloomberg.com/news/article...

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A quant firm says it spent more than $1 billion to develop its top-secret code. Prosecutors allege key components were stolen by a trader

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Are those eggs in your refrigerator contaminated with salmonella? @jessicanix.bsky.social has details on the outbreak > www.bloomberg.com/news/article...

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Brazilian pulp giant Suzano is expanding in all directions as the US and China spar, offering a potential guide for other companies navigating Donald Trump’s trade war

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Are you worried about making your next debt payment? Bloomberg reporters want to hear your story.

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As companies freeze hiring and AI makes some less-skilled roles obsolete, the Class of 2025 is finding a lot of doors are closed

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BREAKING: Warner Bros. Discovery will separate into two publicly traded media companies by the middle of next year

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Mark Gurman previews this year’s Apple Worldwide Developers Conference, where the company will focus on software redesigns and push AI to the back burner.

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Self-driving cars, AI avatars, drones, rockets and smartphone solitaire — these are the 25 European startups that could change the world.

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Shares of Chinese defense companies rallied, after Pakistan said it intends to buy one of the Asian power’s most-advanced fighter jets as a part of major arms purchase. See the list of everything Pakistan said it would acquire from China. ⤵

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Maybe Happy Ending won Best Musical at the 78th Tony Awards, becoming the first original South Korean production to win Broadway’s top honor

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The Reserve Bank of India’s surprise 50-basis point rate cut and cash boost could spur companies to speed up public listing plans. Read for free with your email on what could move markets today

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Israel intercepted a humanitarian aid ship trying to reach Gaza that was carrying activists including Swedish climate advocate Greta Thunberg, the group operating the vessel said.

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Scale AI, the startup that Meta is in talks to invest billions of dollars in, has rapidly gained influence in both tech and policy circles. Here's what the company does and where it came from. ⤵

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China's EV industry is experiencing a price war, with share prices tumbling and the government intervening to prevent price cuts.

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How do you run the finances of a country at war? Ukraine Finance Minister Sergii Marchenko is courting donors, reassuring investors and on-call 24/7

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Demonstrations over US immigration raids escalated for a third day in the Los Angeles area, as thousands of protesters clashed with security forces and tear gas filled the air outside a downtown federal detention center.

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In Singapore, the pressure to pass exams has turned private tutoring into a $1.4 billion industry. But the high premium placed on academic success can also impact students’ mental health

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President Donald Trump pledged Sunday to send whatever is necessary to California to respond to two days of protests in Los Angeles triggered by sweeping immigration raids.

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Meet the crowded field of challengers vying for the Democratic nomination in this year’s race for NYC mayor

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Play the latest edition of Pointed. The clock is ticking to test your knowledge. Have a score worth bragging about? Share your results and tag @bloomberg.com and trivia master @aimeelucido.bsky.social. Log in to see how many quiz-takers you beat this week bloom.bg/4jH1jQ5

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Top trade negotiators from the US and China are set to hold fresh talks in London on Monday, offering a glimmer of hope that the world’s two largest economies can defuse tensions over Chinese dominance in rare-earth minerals.

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After a $30 million investment, Egypt's pyramids are more awe-inspiring than ever. Here's why you should plan a trip now.

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Elite cybercriminal Olga Kuprina hacked the SEC, Citigroup and NASA. Now she's telling her story for the first time.

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Global investor pushback against long-term government debt is turning what normally would be a routine US bond auction into one of the most anticipated events on Wall Street this week.

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The world’s largest asset managers are heading to court over a lawsuit brought by Republican state attorneys general claiming they colluded to reduce coal output, in a case that threatens how US firms oversee trillions of dollars.

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Opinion: Representatives who said they were blindsided by items in the budget bill should try this trick: Read every page, John Authers writes

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Opinion: There’s a reason why Harvard, McKinsey and Davos, the three institutions that once claimed to run a globalizing world, are simultaneously in crisis, says Adrian Wooldridge

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Spain’s main opposition party rallied thousands of people in a demonstration in the heart of Madrid, calling for early elections following accusations of corruption against the Socialist-led government of Prime Minister Pedro Sanchez.

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The Israeli army on Sunday said it recovered the body of Mohammed Sinwar, a senior Hamas commander who was killed in a May 13 airstrike.

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National Guard troops began arriving in Los Angeles on Sunday under orders from President Donald Trump, escalating a showdown with California leaders who say the federal deployment is politically driven and unnecessary.

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The virus behind the “kissing disease” mono has been linked to an array of serious illnesses later in life. A scientist who caught it as a teenager is leading the race to develop a vaccine

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“My initials are emblazoned on everything from my cuffs to my stationery,” writes Bloomberg’s luxury correspondent. “Monogramming is a lifestyle choice, and the life chose me.”

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Giving Pledgers are aging. Their kids are being asked to help give away billions in family wealth

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A new book uses four case studies to argue that private equity only succeeds at the expense of its portfolio companies. Our reviewer objects.

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