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Hezbollah says intensified attacks show Israel all-out war would be costly

A senior Hezbollah official said the group's intensified attacks along Israel’s northern border will make it difficult for Israel to stage an all-our war on Lebanon because it knows the conflict would be costly.

The attacks are also pressuring Israel to end the war in the Gaza Strip, said Sheikh Ali Daamoush in a sermon during Friday prayers. His comments came as Iran-backed Hezbollah claimed it fired rockets into northern Israel in a third day of barrages, saying it struck several military posts including two in the towns of Metula and Misgav Am.

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Islamic Jihad says ready to send more fighters from Syria to Lebanon in case of war with Israel

The Syrian branch of the Palestinian Islamic Jihad militant group is prepared to send more forces to Lebanon in case Israel launches a full-scale war against Hezbollah, an Islamic Jihad official said.

“All Palestinian youth look forward to facing the Israeli occupation and joining Hezbollah in this resistance,” said Ismail al-Sendawi, national relations officer for the Islamic Jihad in Syria. He spoke at a ceremony in Damascus commemorating members of the group from Syria who died fighting in Lebanon over the past eight months.

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Trump offers CEOs a cut to corporate taxes. Biden's team touts his support for global alliances

Former U.S. President Donald Trump told an influential group of CEOs that he wants to further cut the corporate tax rate he lowered while in office, while President Joe Biden's chief of staff separately told them that the Democratic incumbent's emphasis on global alliances would help their businesses.

Both Trump, the presumptive Republican nominee, and Jeffrey Zients met behind closed doors on Thursday with the Business Roundtable in Washington, with Zients stepping in for Biden during the president's meetings with Group of Seven leaders in Italy. The prominent group representing more than 200 CEOs just rolled out an effort to preserve the tax breaks for businesses that Trump signed into law in 2017.

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AI startup wants to upend search business, Forbes says it's ripping them off

The artificial intelligence startup Perplexity AI has raised tens of millions of dollars from the likes of Jeff Bezos and other prominent tech investors for its mission to rival Google in the business of searching for information.

But its AI-driven search chatbot is already facing challenges as some news media companies object to its business practices and tech giants Google, and now Apple, are increasingly fusing similar AI features into their core products.

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Street in The Hague gets all-encompassing orange facelift for Euro 2024

The fluttering of 64 kilometers of orange bunting and a hammer driving a nail into a wall to hold up orange tarps are the sounds of a Dutch summer of football in a normally drab suburban street in The Hague.

The Marktweg is one of several streets in the Netherlands that get an all-encompassing orange facelift during European Championships and World Cups when the national team — known as Oranje after the Dutch royal family and the color of their shirts — are looking to add to the Euro it won 36 years ago.

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R.E.M. reunite at Songwriters Hall of Fame ceremony

A comet must have landed at the 2024 Songwriters Hall of Fame induction ceremony. The members of R.E.M. had joked only hours before it would take "a comet" to get the band to perform together one last time. Yet there they were, reunited during the gala at the Marriott Marquis Hotel in New York City Thursday night.

The annual event celebrated a talented group of songwriters that included R.E.M., Steely Dan and Timbaland, who conducted a medley of his massive hits.

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Euro 2024: Hungary faces Switzerland in first round of Group A

Hungary faces Switzerland on Saturday in Cologne in their first Group A match. The other teams in the group are host nation Germany and Scotland. Kickoff is at 3 p.m. local time (1300 GMT/9 a.m. EST). Here's what to know about the match:

Match facts— Switzerland is aiming for a winning start to its Euro 2024 campaign as it bids to reach the knockout stages for the third European Championship in a row.

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Euro 2024: Italy opens title defense against Albania in Group B

Italy begins the defense of its European Championship title against Albania on Saturday in their first Group B match. The other teams in the group are Spain and Croatia. Kickoff is at 9 p.m. local (1900 GMT) in Dortmund. Here's what to know about the match:

Match facts— Italy is back at a major tournament after failing to qualify for the 2022 World Cup in Qatar. That was a second straight World Cup that the Azzurri missed, though they won Euro 2020 in between.

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Global shares mixed, yen weakens as Japan's central bank stands pat

Global shares were mixed on Friday after Wall Street touched fresh records, with benchmarks pushed higher by the frenzy over artificial-intelligence technology.

France's CAC 40 dropped 1.3% in early trading to 7,606.73 while Germany's DAX dipped 0.5% to 18,174.98. Britain's FTSE 100 fell 0.2% to 8,143.79. The future for the Dow Jones Industrial Average slipped 0.5% and that for the S&P 500 was 0.2% lower.

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Musk wins back $44.9 billion Tesla pay package in shareholder vote

Tesla shareholders voted Thursday to restore CEO Elon Musk's record $44.9 billion pay package that was thrown out by a Delaware judge earlier this year, sending a strong vote of confidence in his leadership of the electric vehicle maker.

The favorable vote doesn't necessarily mean that Musk will get the all-stock compensation anytime soon. The package is likely to remain tied up in the Delaware Chancery Court and Supreme Court for months as Tesla tries to overturn the Delaware judge's rejection.

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