Musk’s lawyers subpoena big banks for records on Twitter deal

Billionaire seeks material on how JPMorgan and Goldman Sachs advised platform during negotiations

Lawyers for Elon Musk have subpoenaed JPMorgan Chase and Goldman Sachs for records relating to the billionaire’s plan to purchase Twitter.

Musk has requested the banks turn over “documents and communications” relating to how they advised Twitter during negotiations, which Musk abruptly backed out of last month after offering to purchase the website for $44bn in April, Bloomberg reported on Wednesday.

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China to begin series of unprecedented live-fire drills off Taiwan coast

Island accuses Beijing of planning to breach sovereign territory in wake of controversial visit by Nancy Pelosi

China is to begin a series of unprecedented live-fire drills that would effectively blockade the island of Taiwan, just hours after the departure of US House speaker, Nancy Pelosi, whose controversial visit this week has sparked fears of a crisis in the Taiwan strait.

Taiwan has characterised the drills, which will last until Sunday afternoon – and will include missile tests and other “military operations” as close as nine miles to Taiwan’s coastline – as a violation of international law.

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Tinder chief leaves dating app after one year

News of Renate Nyborg’s exit came as Match Group reported results that missed Wall Street expectations

The chief executive of Tinder has left the dating app after less than a year after the market value of its parent company plunged by more than a fifth after reporting disappointing results.

The departure of Renate Nyborg was one of a number of management changes announced by the $20bn Match Group, which owns dating brands including Hinge, Tinder and Match.com.

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Pelosi pledges solidarity with Taiwan amid alarm over China’s reaction | First Thing

Beijing reacts to House speaker’s visit with outrage as Chinese military begin military drills close to Taiwan. Plus, Batgirl gets cancelled

Good morning.

The US House speaker, Nancy Pelosi, has pledged America’s “crucial” solidarity with Taiwan, in a historic meeting with Taiwan’s president, Tsai Ing-wen, who vowed not to back down in the face of military threats from China.

Why did she decide to visit? “Our delegation came to Taiwan to make unequivocally clear we will not abandon Taiwan, and we are proud of our enduring friendship,” Pelosi said today.

What do Taiwanese Americans think of the media covering of her visit? To Taiwanese Americans, the hyperbolic tenor of the debate over Pelosi’s visit is indicative of how little most Americans know or care about the people of Taiwan, with one calling it “hoopla and yellow journalism”.

What is the Order of Propitious Clouds? The US house speaker was given Taiwan’s highest civilian order during her visit to Taiwan, a “symbol of America’s strong and enduring friendship”.

Will the abortion access issue affect the midterm elections? Possibly. The resounding win in Kansas came as a surprise in the deeply conservative state. The vote is viewed as a litmus test for the future of abortion access across the US.

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Bain & Co barred from UK government contracts over ‘grave misconduct’ in South Africa

Global management consultancy’s three-year ban follows pressure by ex- Labour minister Peter Hain

The global management consultancy Bain & Company has been barred from tendering for UK government contracts for three years after its “grave professional misconduct” in state corruption in South Africa, the Cabinet Office said.

Britain became the first western country to take this step, after pressure from the former Labour minister and anti-apartheid campaigner Peter Hain.

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Delta flights attendants race to unionize: ‘We’re the people behind the profits’

Workers say they just want a fair deal on pay, conditions and schedules at an airline has long resisted union efforts

Flight attendants at Delta are currently pushing to form a union at the only major airline in the US where flight attendants are not unionized.

Workers are racing to gather union authorization cards signed by a supermajority at Delta to trigger a union election over the next few months, as signatures are only valid for one year.

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Nancy Pelosi in Taiwan: calls for calm in Asia as US-China tensions rise

South Korea calls for dialogue and Japan conveys concerns over drills, while North Korea praises China

The historic visit to Taiwan of the US House of Representatives speaker, Nancy Pelosi, has provoked a furious response from China, and heightened fears of a crisis in the Taiwan strait. In Asia and beyond, the visit has put governments on edge.

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Biden set to sign second executive order to protect abortion access

The directive equips the Heath and Human Services agency to expand coverage for patients seeking out of state care

Joe Biden is set to sign a second executive order on Wednesday that aims to protect access to reproductive healthcare after the US supreme court struck down the constitutional right to abortion.

Most significantly, the order directs the Health and Human Services agency to consider ways to expand coverage for patients traveling out of state for reproductive healthcare. Biden’s order does not detail how this could be achieved; currently, government-subsidized Medicaid health insurance plans cover medically necessary abortions in only 16 states and do not reimburse patients who leave their state to seek an abortion.

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China cannot stop other world leaders visiting Taiwan, says Nancy Pelosi

US House speaker leaves island as China orders live-fire drills off coast

The US House speaker, Nancy Pelosi, has said Beijing cannot prevent world leaders from travelling to Taiwan, as she departed from the island on Wednesday to continue her tour of Asia.

In a newly released statement that summarised her trip, Pelosi expressed her admiration for Taiwan’s democracy and criticised China’s ruling Communist party for obstructing Taiwan on the world stage.

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‘Hoopla and yellow journalism’: Taiwanese Americans bemoan media fearmongering over Pelosi visit

Hyperbolic tenor of debate shows lack of knowledge of country’s unique political situation, Taiwanese Americans say

Nancy Pelosi’s arrival in Taiwan has inflamed US-China relations anew, with China’s military announcing it will conduct live-fire exercises around the island and state media condemning the visit as “stupid, reckless and dangerous”. Meanwhile, US commentators across the ideological spectrum, from Thomas Friedman to Tucker Carlson to Code Pink, have called Pelosi’s trip a reckless provocation to war.

But to Taiwanese Americans who have spent a lifetime grappling with the island’s strange geopolitical status, the hyperbolic tenor of the debate over Pelosi’s visit is indicative of how little most Americans know or care about the people of Taiwan.

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Kansas votes to protect abortion rights in state constitution

Kansas is the first state to put abortion rights to a vote since the supreme court overturned Roe v Wade

Kansans secured a huge win for abortion rights in the US on Tuesday night when they voted to continue to protect abortion in the state constitution.

The race was called by a host of US groups including NBC News, the New York Times and Decision Desk HQ.

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Nancy Pelosi tells President Tsai US will not abandon Taiwan – as it happened

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Another area of tension lies between the US and Russia, which Kremlin spokesperson Dmitry Peskov has ratcheted up again this morning.

On his daily call with the media, Peskov said any talks on a possible prisoner exchange involving US basketball star Brittney Griner needed to be discreet, and that “megaphone diplomacy” would not achieve results, Reuters reports.

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Man trying to burn spider with lighter sparked Utah wildfire, police say

Cory Martin, 26, arrested on suspicion of reckless burn and drug possession after telling police he tried to set fire to spider

A Utah man has been arrested on suspicion of starting a wildfire while trying to burn a spider with his lighter.

Cory Martin, 26, told police that he spotted the spider on Monday while he was in a hiking area in the foothills south of Salt Lake City near the city of Springville. He acknowledged starting the fire, but did not explain why he was trying to burn the spider.

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Justice department sues Idaho over state’s near-total abortion ban

Lawsuit is DoJ’s first piece of litigation aimed at protecting abortion access since the supreme court overturned Roe v Wade

The Biden administration’s Department of Justice is suing Idaho over the state’s near-total abortion ban, set to take effect on 25 August.

The lawsuit is the justice department’s first piece of litigation aimed at protecting abortion access since the US supreme court in June overturned the landmark Roe v Wade decision that established federal abortion rights nearly 50 years earlier.

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Putin’s reported girlfriend Alina Kabaeva hit with US sanctions

Kabaeva, 39, former rhythmic gymnast the Kremlin denies is romantically involved with Putin, has assets frozen by US treasury

Vladimir Putin’s purported lover has been hit with sanctions from the US government’s treasury department over Russia’s invasion of Ukraine.

Alina Kabaeva, 39, landed on the latest update to the federal Office of Foreign Assets Control’s specially designated nationals list, freezing any of her assets in the US and generally prohibiting Americans from dealing with her.

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Mood shifts in Taiwan as Nancy Pelosi visit raises fears of war

Stoic, often fatalistic population paid little attention to talk of House speaker’s visit – until it was confirmed

At a central Taipei branch of a popular bank on Tuesday, a few clients came to Joseph Chiu, a teller, with an odd request: to withdraw millions of kuai from their accounts. “They worry the bank will close its doors tomorrow,” he said during an afternoon streetside smoke break.

Chiu said he wasn’t worried about such an event, and there is no indication that it is even a possibility, but it was a small sign that among Taiwan’s stoic, often fatalistic population, something had shifted this week.

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Death toll rises to four in California’s biggest wildfire this year

McKinney fire has burned more than 100 buildings in north of state as other blazes ignite in US west

The death toll from an explosive wildfire raging in northern California has risen to four, after two more bodies were found within the burn zone in the remote Klamath national forest.

Search teams discovered two bodies on Monday at separate residences along State Route 96, one of the only roads in and out of the region near the state line with Oregon, the Siskiyou county sheriff’s office said in a statement.

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Nancy Pelosi’s visit to Taiwan risks upsetting Beijing to no advantage

Analysis: House speaker’s arrival is likely to inflame relations between the US and China without making Taiwan safer

In the era of US-China geopolitical competition, Joe Biden has been keen to ensure great power politics do not lead to uncontrollable escalation. Yet the trip to Taiwan by Nancy Pelosi, the speaker of the House of Representatives, is threatening to break what administration officials call “guardrails”. She is the highest-ranking member of Congress to visit the island since 1997.

The move, which is a welcome and a bold assertion of democratic principle to Pelosi’s supporters, has certainly rattled Beijing in a politically sensitive year for China’s ruling Communist party. Xi Jinping is expected to be anointed for an extraordinary third term in the party’s five-yearly congress in the next few months. It also comes as the People’s Liberation Army is celebrating the 95th anniversary of its founding.

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Nancy Pelosi arrives in Taiwan as China puts military on high alert

People’s Liberation Army announces targeted military operations as it calls visit a ‘malicious provocation’

Nancy Pelosi has landed in Taiwan for a controversial visit to the self-ruled island, offering “unwavering commitment” to supporting its democracy as already heightened tensions with China escalate.

Timed with her arrival, China’s ministry of defence said the People’s Liberation Army (PLA) had been put on “high alert” and announced a series of targeted military operations, including missile tests in the waters east of Taiwan and drills encircling the main island for four days after Pelosi leaves.

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Biden echoes Obama as White House releases photo of briefing on strike

Picture bore striking similarities to 1 May 2011 image, when US special forces killed Osama bin Laden

The White House on Tuesday released a picture of Joe Biden being briefed on the CIA drone strike which killed Ayman al-Zawahiri, the leader of al-Qaida and a chief planner of the 9/11 attacks, in Kabul last weekend.

The move came amid widespread celebration of the killing in the United States and the apparently successful attack provides a welcome fillip to Biden, whose popularity has plunged during 2022 as the nation gears up for crucial midterm election in November.

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