EU's Ribera Won't Trade Big Tech Rules to Placate Trump
The European Union 's crackdown on Apple Inc., Meta Platforms Inc., and Alphabet Inc. 's Google isn't a bargaining chip in trade negotiations with US President Donald Trump, according to Teresa Ribera, the EU's competition chief.
In an interview, Ribera rejected suggestions that enforcement of the landmark Digital Markets Act — slammed by Trump as an unfair tax on Silicon Valley — could be sacrificed as part of a deal to dodge punitive EU tariffs pitched by the White House.
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Yahoo
17 minutes ago
- Yahoo
FirstGroup (LON:FGP) Could Be A Buy For Its Upcoming Dividend
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that FirstGroup plc (LON:FGP) is about to go ex-dividend in just three days. The ex-dividend date is usually set to be two business days before the record date, which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. This means that investors who purchase FirstGroup's shares on or after the 3rd of July will not receive the dividend, which will be paid on the 8th of August. The company's upcoming dividend is UK£0.048 a share, following on from the last 12 months, when the company distributed a total of UK£0.065 per share to shareholders. Looking at the last 12 months of distributions, FirstGroup has a trailing yield of approximately 2.8% on its current stock price of UK£2.312. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. As a result, readers should always check whether FirstGroup has been able to grow its dividends, or if the dividend might be cut. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. FirstGroup paid out a comfortable 32% of its profit last year. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. The good news is it paid out just 5.7% of its free cash flow in the last year. It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously. See our latest analysis for FirstGroup Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. It's encouraging to see FirstGroup has grown its earnings rapidly, up 75% a year for the past five years. Earnings per share have been growing very quickly, and the company is paying out a relatively low percentage of its profit and cash flow. This is a very favourable combination that can often lead to the dividend multiplying over the long term, if earnings grow and the company pays out a higher percentage of its earnings. Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. In the last three years, FirstGroup has lifted its dividend by approximately 81% a year on average. Both per-share earnings and dividends have both been growing rapidly in recent times, which is great to see. Is FirstGroup an attractive dividend stock, or better left on the shelf? We love that FirstGroup is growing earnings per share while simultaneously paying out a low percentage of both its earnings and cash flow. These characteristics suggest the company is reinvesting in growing its business, while the conservative payout ratio also implies a reduced risk of the dividend being cut in the future. FirstGroup looks solid on this analysis overall, and we'd definitely consider investigating it more closely. In light of that, while FirstGroup has an appealing dividend, it's worth knowing the risks involved with this stock. In terms of investment risks, we've identified 1 warning sign with FirstGroup and understanding them should be part of your investment process. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
CNN
24 minutes ago
- CNN
Prophecy, not politics, may also shape America's clash with Iran
When most people contemplate the future of America's conflict with Iran, they hunt for clues in grainy satellite photos, statements from military analysts and President Trump's social media posts. But when scholar Diana Butler Bass considers what could happen next, her thoughts turn toward another group she says is now thinking more about prophecy than politics. She recalls warnings from her childhood about the rise of an Antichrist, stories about weeping mothers clutching their empty blankets after their babies were suddenly 'Raptured' to heaven and paintings of an angry Jesus leading armies of angels to an Armageddon-like, final battle in modern-day Israel. Those stories terrified and thrilled Bass when she heard them growing up in a White evangelical church in the 1970s. It was a time when the end always seemed near, and books like the bestseller 'The Late Great Planet Earth' warned Christians to gird their loins for a period of Great Tribulation and prepare for Jesus' triumphant return to Jerusalem. Bass, a prominent, progressive religious author who hosts a popular Substack newsletter called 'The Cottage,' no longer believes those stories. Yet when she considers why the US struck three nuclear facilities in Iran this month and what could happen next, she now offers a prophecy of her own: Bombing Iran will reinforce Trump's status as God's 'Chosen One' and Israel as His chosen nation among many of the President's White evangelical supporters. Many of these supporters dismiss the dangers of a larger war, she tells CNN, because such a clash would mean the world is approaching the 'end times' — a series of cataclysmic events ushering in the Second Coming of Christ and the rise of Israel as the fulfillment of biblical prophecies. 'There's almost a kind of spiritual eagerness for a war in the Middle East,' says Bass, describing attitudes among some White evangelicals. 'They believe a war is going to set off a series of events that will result in Jesus returning.' Trump's decision to bomb Iran has so far been examined almost exclusively through the lens of politics or military strategy. Yet there is a religious dimension to his decision – and what could happen next – that's been underexplored. America's approach to Iran and Israel may not just be driven by sober assessment of geopolitics. Bass and other religious scholars say US policy in the Middle East is also influenced by the controversial teachings of a pugnacious 19th century Anglo-Irish clergyman and a series of lurid, 'Left Behind' doomsday Christian books and films. This is dangerous, says Jemar Tisby, a historian and best-selling author of 'Stories of the Spirit of Justice.' 'Trump's action underscores how these theological beliefs are not abstract; they have direct, dangerous, and deadly consequences,' Tisby wrote recently in his 'Footnotes' newsletter. He elaborated in an interview this week with CNN, saying that that apocalyptic visions from the Bible should not influence America's policy in Israel or Iran in any way. 'You layer on this prophecy about the rise of Israel and now all of a sudden you have this very literalistic interpretation of the Bible informing US foreign policy,' he says. White evangelicals who see America's conflict with Iran as primarily a spiritual battle instead of a political one tend to be motivated by several beliefs. One belief is that Trump is God's 'chosen one,' saved from assassination last year to do God's work and protect Israel. He is, to borrow from the parlance of evangelical subculture, called 'for such a time as this.' This belief is reflected in a text message to Trump from Mike Huckabee, the prominent evangelical and former Arkansas governor who was appointed by Trump to be US ambassador to Israel. In the text, which was shared by Trump, Huckabee alluded to the two assassination attempts Trump survived last year in saying that God spared him 'to be the most consequential President in a century—maybe ever.' He added, 'I trust your instincts,' because 'I believe you hear from heaven,' and that 'You did not seek this moment. This moment sought YOU!' Huckabee's ambassadorship to Israel is not surprising. Many White evangelicals believe the church is obligated by the Bible to provide unwavering support to Israel. They view the ancient Israel described in the Bible as the same as the modern nation-state of Israel, which was created in 1948. Trump reinforced this view during his first term when he broke from decades of American policy to move the US embassy in Israel from Tel Aviv to Jerusalem and recognize Jerusalem as the Israeli capital. The move thrilled many White evangelical leaders, two of whom attended a ceremony marking the occasion. There is a long history of White evangelical leaders urging American presidents and politicians to treat Israel as a divinely favored nation. Many White evangelicals believe Israel's existence is a fulfillment of biblical prophecies that would usher in Jesus' return. Some cite a scripture from Genesis 12:3, which recounts God saying, 'I will bless those who bless you, and him who dishonors you, I will curse.' That passage depicts God addressing Abraham, the Jewish patriarch and 'father of all nations.' But some White evangelicals say that passage also refers to Israel — both then and now. Republican Sen. Ted Cruz alluded to that scripture when he defended his support of Israel's war with Iran in a recent interview. 'Growing up in Sunday School, I was taught from the Bible that those who bless Israel will be blessed and those who curse Israel will be cursed,' he said. Other evangelical leaders have made similar claims. Pastor John Hagee, a prominent evangelical leader, has said that supporting Israel is not a political issue — it's a biblical one. Hagee is the founder and chairman of Christians United for Israel, which boasts 10 million members and bills itself as the largest pro-Israel organization in the US. 'It is not possible to say, 'I believe in the Bible' and not support Israel and the Jewish people,' he once declared. Trump won the support of about 8 out of 10 White evangelical Christian voters in the 2024 presidential election. And in a CNN poll after the airstrikes on Iran, 87% of Republicans said they trust Trump to make the right decisions about US' use of force against the country. Franklin Graham, son of the late evangelical leader Billy Graham, said on X after the bombing of Iran 'that the world is in a much safer place.' The Rev. Robert Jeffress, a prominent evangelical leader, suggested last week that opposition to Israel is rebellion against God. While delivering a Sunday sermon praising Trump's decision, Jeffress sermon was interrupted by applause and a standing ovation from his congregation. 'Those who oppose Israel are always on the wrong side of history, and most importantly, they are on the wrong side of God,' Jeffress said. 'And I thank God we finally have a president who understands that truth in Donald Trump.' Such unconditional support of Israel might make spiritual sense to evangelicals. But some scholars say it's a risky stance for a multiracial and multireligious democracy like the US to take. Americans' support for Israel had dropped to historic lows before the US' use of force in Iran. Tisby, the religious historian, tells CNN that the Israel depicted in the Bible is not the same as the modern-day country. 'If you conflate the two, you end up supporting all kinds of actions that hurt people in the name of politics,' Tisby says. 'It leads to the reluctance to recognize the rights of Palestinians. It blinds us to the human rights and justice issues that are at stake in the Middle East.' Tisby and other religion scholars say America's bombing of Iran is also influenced by another source: a form of Christianity pioneered in the 19th century by John Nelson Darby, an Anglo-Irish pastor. Darby looked at certain passages in the Bibe's book of Revelations and devised the concept of 'dispensationalism.' It divides history into distinct 'dispensations,' or periods through which God interacts with humanity differently. Many adherents to this tradition believe in a fiery apocalypse and the 'Rapture' — a moment when Christians are suddenly lifted to heaven before a period of tribulation on Earth. Darby's views were amplified a century later by the popular 'Left Behind' novels and films of the 1990s and 2000s, which reached millions of evangelicals with apocalyptic visions of the end times. The book series, inspired by Rapture theology and gory scenes in the Book of Revelation, has sold more than 65 million copies. The 'Left Behind' books were marketed as fiction, but they were treated as biblical truth by many evangelicals. Views of dispensationalism were taught in many evangelical churches, youth camps and Sunday schools, bringing them into the mainstream. Central to dispensationalism is the role of Israel in the last days. Its adherents believe that the establishment of the modern state of Israel marks the beginning of the end times — heralding the Second Coming of Christ. Israel's geopolitical success and security are seen as necessary preconditions for Christ's return, Tisby says. Dispensationalism has permeated White evangelical culture so much that many evangelicals today have adopted its tenets without being familiar with the term, Tisby says. 'Just because you don't have the name doesn't mean you're not actually adhering to the beliefs,' he says. 'It's so common now that it doesn't need to be named anymore.' Prophecies about angelic armies battling demonic armies in an apocalyptic Middle East sound implausible to many, but such beliefs gripped many of the White evangelical pastors and families she grew up with, says Bass, author of 'Freeing Jesus.' She recalls evangelical pastors preaching that whenever Israel gained more territory, it was God's will. Some pastors condemned Iran as evil. Jews, they said, would finally accept Jesus as their savior. But Jesus' return would be preceded by a series of cataclysmic events like the sudden disappearance of God's faithful and those 'left behind' — the non-believers who didn't accept Jesus. The belief that Christians could be teleported to heaven in the twinkle of an eye traumatized many young people at the time, she says. 'I had friends who would literally wake up in the middle of the night. And if their house was really quiet they would get very frightened and they'd sneak into their parents' bedroom to make sure their parents were still in their house,' she says. Most mainstream biblical scholars say the word 'rapture' does not appear in most translations of the Bible or the Book of Revelation. Many mainstream Biblical scholars say the Book of Revelation does not depict the literal end of the world: It's an anti-Roman tract that used coded language to tell Christians that God would destroy Rome's evil empire. Bass calls belief in the Rapture a 'completely invented theology' and 'one of the most wildly successful heresies in the history of Christianity.' A belief system that says God will end the world through violence offers no incentive for a political or religious leader to avoid war — or backtrack when events spiral out of control, she says. 'In the framework of this 'end times' theology, destruction is always a sign that God is working and is about to return,' Bass says. 'In this theology, the worse things become, the closer it is to the end. There is no motivation to do good, care for the poor, make sure that wars don't happen, and care for the planet.' Apocalyptic visions about the end of the world are common in many religions. And it's not unusual for a political leader to invoke God before going to war. But when citizens in a democracy believe political leaders are divinely appointed and driven by prophecies, it leaves no room for debate, Tisby says. 'There's a sort of fundamentalism to it all,' he says. 'It's unbending, unchanging and it can't be critiqued because its divine. Who are we to question? 'Any uncritical, unyielding support of a political actor, no matter what the conflict, is dangerous,' he says. If this is part of the dynamic that guides the US' future actions in the Middle East, it could lead to another final question. Many critics of Iran say it is a theocracy led by someone who reduces the world to a clash between good and evil and whose foreign policy is driven by apocalyptic religious myths. What if America's clash with Iran is driven in part by some of the same religious forces? John Blake is a CNN senior writer and author of the award-winning memoir, 'More Than I Imagined: What a Black Man Discovered About the White Mother He Never Knew.'
CNN
34 minutes ago
- CNN
Prophecy, not politics, may also shape America's clash with Iran
When most people contemplate the future of America's conflict with Iran, they hunt for clues in grainy satellite photos, statements from military analysts and President Trump's social media posts. But when scholar Diana Butler Bass considers what could happen next, her thoughts turn toward another group she says is now thinking more about prophecy than politics. She recalls warnings from her childhood about the rise of an Antichrist, stories about weeping mothers clutching their empty blankets after their babies were suddenly 'Raptured' to heaven and paintings of an angry Jesus leading armies of angels to an Armageddon-like, final battle in modern-day Israel. Those stories terrified and thrilled Bass when she heard them growing up in a White evangelical church in the 1970s. It was a time when the end always seemed near, and books like the bestseller 'The Late Great Planet Earth' warned Christians to gird their loins for a period of Great Tribulation and prepare for Jesus' triumphant return to Jerusalem. Bass, a prominent, progressive religious author who hosts a popular Substack newsletter called 'The Cottage,' no longer believes those stories. Yet when she considers why the US struck three nuclear facilities in Iran this month and what could happen next, she now offers a prophecy of her own: Bombing Iran will reinforce Trump's status as God's 'Chosen One' and Israel as His chosen nation among many of the President's White evangelical supporters. Many of these supporters dismiss the dangers of a larger war, she tells CNN, because such a clash would mean the world is approaching the 'end times' — a series of cataclysmic events ushering in the Second Coming of Christ and the rise of Israel as the fulfillment of biblical prophecies. 'There's almost a kind of spiritual eagerness for a war in the Middle East,' says Bass, describing attitudes among some White evangelicals. 'They believe a war is going to set off a series of events that will result in Jesus returning.' Trump's decision to bomb Iran has so far been examined almost exclusively through the lens of politics or military strategy. Yet there is a religious dimension to his decision – and what could happen next – that's been underexplored. America's approach to Iran and Israel may not just be driven by sober assessment of geopolitics. Bass and other religious scholars say US policy in the Middle East is also influenced by the controversial teachings of a pugnacious 19th century Anglo-Irish clergyman and a series of lurid, 'Left Behind' doomsday Christian books and films. This is dangerous, says Jemar Tisby, a historian and best-selling author of 'Stories of the Spirit of Justice.' 'Trump's action underscores how these theological beliefs are not abstract; they have direct, dangerous, and deadly consequences,' Tisby wrote recently in his 'Footnotes' newsletter. He elaborated in an interview this week with CNN, saying that that apocalyptic visions from the Bible should not influence America's policy in Israel or Iran in any way. 'You layer on this prophecy about the rise of Israel and now all of a sudden you have this very literalistic interpretation of the Bible informing US foreign policy,' he says. White evangelicals who see America's conflict with Iran as primarily a spiritual battle instead of a political one tend to be motivated by several beliefs. One belief is that Trump is God's 'chosen one,' saved from assassination last year to do God's work and protect Israel. He is, to borrow from the parlance of evangelical subculture, called 'for such a time as this.' This belief is reflected in a text message to Trump from Mike Huckabee, the prominent evangelical and former Arkansas governor who was appointed by Trump to be US ambassador to Israel. In the text, which was shared by Trump, Huckabee alluded to the two assassination attempts Trump survived last year in saying that God spared him 'to be the most consequential President in a century—maybe ever.' He added, 'I trust your instincts,' because 'I believe you hear from heaven,' and that 'You did not seek this moment. This moment sought YOU!' Huckabee's ambassadorship to Israel is not surprising. Many White evangelicals believe the church is obligated by the Bible to provide unwavering support to Israel. They view the ancient Israel described in the Bible as the same as the modern nation-state of Israel, which was created in 1948. Trump reinforced this view during his first term when he broke from decades of American policy to move the US embassy in Israel from Tel Aviv to Jerusalem and recognize Jerusalem as the Israeli capital. The move thrilled many White evangelical leaders, two of whom attended a ceremony marking the occasion. There is a long history of White evangelical leaders urging American presidents and politicians to treat Israel as a divinely favored nation. Many White evangelicals believe Israel's existence is a fulfillment of biblical prophecies that would usher in Jesus' return. Some cite a scripture from Genesis 12:3, which recounts God saying, 'I will bless those who bless you, and him who dishonors you, I will curse.' That passage depicts God addressing Abraham, the Jewish patriarch and 'father of all nations.' But some White evangelicals say that passage also refers to Israel — both then and now. Republican Sen. Ted Cruz alluded to that scripture when he defended his support of Israel's war with Iran in a recent interview. 'Growing up in Sunday School, I was taught from the Bible that those who bless Israel will be blessed and those who curse Israel will be cursed,' he said. Other evangelical leaders have made similar claims. Pastor John Hagee, a prominent evangelical leader, has said that supporting Israel is not a political issue — it's a biblical one. Hagee is the founder and chairman of Christians United for Israel, which boasts 10 million members and bills itself as the largest pro-Israel organization in the US. 'It is not possible to say, 'I believe in the Bible' and not support Israel and the Jewish people,' he once declared. Trump won the support of about 8 out of 10 White evangelical Christian voters in the 2024 presidential election. And in a CNN poll after the airstrikes on Iran, 87% of Republicans said they trust Trump to make the right decisions about US' use of force against the country. Franklin Graham, son of the late evangelical leader Billy Graham, said on X after the bombing of Iran 'that the world is in a much safer place.' The Rev. Robert Jeffress, a prominent evangelical leader, suggested last week that opposition to Israel is rebellion against God. While delivering a Sunday sermon praising Trump's decision, Jeffress sermon was interrupted by applause and a standing ovation from his congregation. 'Those who oppose Israel are always on the wrong side of history, and most importantly, they are on the wrong side of God,' Jeffress said. 'And I thank God we finally have a president who understands that truth in Donald Trump.' Such unconditional support of Israel might make spiritual sense to evangelicals. But some scholars say it's a risky stance for a multiracial and multireligious democracy like the US to take. Americans' support for Israel had dropped to historic lows before the US' use of force in Iran. Tisby, the religious historian, tells CNN that the Israel depicted in the Bible is not the same as the modern-day country. 'If you conflate the two, you end up supporting all kinds of actions that hurt people in the name of politics,' Tisby says. 'It leads to the reluctance to recognize the rights of Palestinians. It blinds us to the human rights and justice issues that are at stake in the Middle East.' Tisby and other religion scholars say America's bombing of Iran is also influenced by another source: a form of Christianity pioneered in the 19th century by John Nelson Darby, an Anglo-Irish pastor. Darby looked at certain passages in the Bibe's book of Revelations and devised the concept of 'dispensationalism.' It divides history into distinct 'dispensations,' or periods through which God interacts with humanity differently. Many adherents to this tradition believe in a fiery apocalypse and the 'Rapture' — a moment when Christians are suddenly lifted to heaven before a period of tribulation on Earth. Darby's views were amplified a century later by the popular 'Left Behind' novels and films of the 1990s and 2000s, which reached millions of evangelicals with apocalyptic visions of the end times. The book series, inspired by Rapture theology and gory scenes in the Book of Revelation, has sold more than 65 million copies. The 'Left Behind' books were marketed as fiction, but they were treated as biblical truth by many evangelicals. Views of dispensationalism were taught in many evangelical churches, youth camps and Sunday schools, bringing them into the mainstream. Central to dispensationalism is the role of Israel in the last days. Its adherents believe that the establishment of the modern state of Israel marks the beginning of the end times — heralding the Second Coming of Christ. Israel's geopolitical success and security are seen as necessary preconditions for Christ's return, Tisby says. Dispensationalism has permeated White evangelical culture so much that many evangelicals today have adopted its tenets without being familiar with the term, Tisby says. 'Just because you don't have the name doesn't mean you're not actually adhering to the beliefs,' he says. 'It's so common now that it doesn't need to be named anymore.' Prophecies about angelic armies battling demonic armies in an apocalyptic Middle East sound implausible to many, but such beliefs gripped many of the White evangelical pastors and families she grew up with, says Bass, author of 'Freeing Jesus.' She recalls evangelical pastors preaching that whenever Israel gained more territory, it was God's will. Some pastors condemned Iran as evil. Jews, they said, would finally accept Jesus as their savior. But Jesus' return would be preceded by a series of cataclysmic events like the sudden disappearance of God's faithful and those 'left behind' — the non-believers who didn't accept Jesus. The belief that Christians could be teleported to heaven in the twinkle of an eye traumatized many young people at the time, she says. 'I had friends who would literally wake up in the middle of the night. And if their house was really quiet they would get very frightened and they'd sneak into their parents' bedroom to make sure their parents were still in their house,' she says. Most mainstream biblical scholars say the word 'rapture' does not appear in most translations of the Bible or the Book of Revelation. Many mainstream Biblical scholars say the Book of Revelation does not depict the literal end of the world: It's an anti-Roman tract that used coded language to tell Christians that God would destroy Rome's evil empire. Bass calls belief in the Rapture a 'completely invented theology' and 'one of the most wildly successful heresies in the history of Christianity.' A belief system that says God will end the world through violence offers no incentive for a political or religious leader to avoid war — or backtrack when events spiral out of control, she says. 'In the framework of this 'end times' theology, destruction is always a sign that God is working and is about to return,' Bass says. 'In this theology, the worse things become, the closer it is to the end. There is no motivation to do good, care for the poor, make sure that wars don't happen, and care for the planet.' Apocalyptic visions about the end of the world are common in many religions. And it's not unusual for a political leader to invoke God before going to war. But when citizens in a democracy believe political leaders are divinely appointed and driven by prophecies, it leaves no room for debate, Tisby says. 'There's a sort of fundamentalism to it all,' he says. 'It's unbending, unchanging and it can't be critiqued because its divine. Who are we to question? 'Any uncritical, unyielding support of a political actor, no matter what the conflict, is dangerous,' he says. If this is part of the dynamic that guides the US' future actions in the Middle East, it could lead to another final question. Many critics of Iran say it is a theocracy led by someone who reduces the world to a clash between good and evil and whose foreign policy is driven by apocalyptic religious myths. What if America's clash with Iran is driven in part by some of the same religious forces? John Blake is a CNN senior writer and author of the award-winning memoir, 'More Than I Imagined: What a Black Man Discovered About the White Mother He Never Knew.'
