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Yahoo
5 minutes ago
- Yahoo
Trump moves nuclear submarines after ex-Russian president's comments
US President Donald Trump says he has ordered two nuclear submarines to "be positioned in the appropriate regions" in response to "highly provocative" comments by former Russian President Dmitry Medvedev. In a post on social media, Trump said he acted "just in case these foolish and inflammatory statements are more than just that. Words are very important, and can often lead to unintended consequences, I hope this will not be one of those instances". He did not say where the two submarines were being deployed. Medvedev has posted several comments in recent days threatening the US in response to Trump's ultimatum to Moscow to agree to a ceasefire in Ukraine, or face tough sanctions. In a post on Truth Social, Trump wrote: "Based on the highly provocative statements of the former president of Russia, Dmitry Medvedev, who is now the deputy chairman of the Security Council of the Russian Federation, I have ordered two nuclear submarines to be positioned in the appropriate regions". On Monday, Medvedev accused Trump of playing "the ultimatum game with Russia". In a post on X, the former Russian president said that "each new ultimatum is a threat and a step towards war". Earlier this month, Medvedev described Trump's ultimatum as "theatrical", saying that "Russia didn't care". And writing on Telegram on Thursday, Medvedev warned of a "dead hand" threat - which some military analysts understood as a reference to the codename of Russia's retaliatory nuclear strikes control system. This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version. You can receive Breaking News on a smartphone or tablet via the BBC News App. You can also follow @BBCBreaking on X to get the latest alerts.
Yahoo
5 minutes ago
- Yahoo
ESPN to acquire NFL RedZone, NFL Media assets in billion-dollar agreement: Report
ESPN is set to acquire NFL RedZone and other top NFL Media holdings, according to The Athletic's Andrew Marchand, who also reported Friday that, in return, the league will receive equity in ESPN that's potentially worth billions of dollars. An official announcement about the deal is expected next week, per The Athletic, which pointed out that Disney, ESPN's parent company, has its earnings call this coming Wednesday. In addition to RedZone, ESPN is expected to bring aboard seven more regular-season games, NFL Network and the NFL's fantasy football business, among other assets, according to The Athletic. This story is being updated.
Yahoo
5 minutes ago
- Yahoo
Dow falls 600 points, Tesla Europe sales, T. Rowe Price earnings
Here are some of the stories Wall Street is watching on Friday, Aug. 1. All three major indexes (^DJI, ^GSPC, ^IXIC) are falling after the July jobs report revealed slower-than-expected job growth. Tesla (TSLA) sales fell in July in several key European regions, including France, the Netherlands, Denmark, and Sweden, though registrations in Spain and Norway rose. T. Rowe Price (TROW) posted better-than-expected second quarter results. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. It's time for Yahoo! Finance's Market Minute. Stocks sinking in the first trading day of August after President Trump officially hit virtually every US trading partner with sweeping tariff hikes. Investors also weighing the latest jobs report that shows signs of a labor market slowdown, the US labor market adding fewer jobs than expected in July, while the unemployment rate moved higher. Turning to Tesla, the EV maker continues to see sales weakness in Europe. Registration data, proxy for sales, was lower for key regions such as France, Netherlands, and Denmark. However, some bright spots for Tesla, too, as registrations for Spain and Norway climb. Lastly, T. Rowe Price reporting better than expected earnings for the second quarter. Meanwhile, assets under management roughly met analyst expectations. Company highlighting it has developed a broad and ongoing plan to reduce its expense growth over time while continuing to invest in capabilities and client reach. And that's your Yahoo! Finance Market Minute. For more on what's trending on Yahoo! Finance, scan the QR code below. Related Videos Apple is still 'behind the 8 ball' as its AI push falls behind Bond yields drop, Figma's volatility, Palantir-Army deal What Trump's tariff hikes could mean for Apple & Amazon Kimberly-Clark, Roku, Joby Aviation: Trending Tickers Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
