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Volkswagen sales slide further as carmaker weighs mass job cuts

Volkswagen on Friday said that a slide in sales accelerated in the second quarter, as the crisis-hit German auto group reportedly considers cutting up to 100,000 jobs worldwide.

EU tells Meta to change Facebook, Instagram's 'addictive design'

Meta must change Facebook's and Instagram's "addictive design" or face a heavy fine, the EU warned on Friday.

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Irish slump drags eurozone economy into red

The eurozone economy recorded an unexpected contraction in the first quarter, dragged down by a sharp fall in Irish gross domestic product -- a recurring distortion linked to the accounting practices of the many multinationals based in the country.

MEXC "Pizza Day: Urban Run" Draws Over 82,000 Participants and Rewards Nearly 75,000 Users

MEXC, a pioneer in 0-fee digital asset trading, has announced the conclusion of the "Pizza Day: Urban Run" event, which drew 82,398 participants and distributed rewards to 74,912 users. As the first featured experience under MEXC's "One Pizza, Infinite Opportunities" campaign, the initiative reflects MEXC's ongoing commitment to lowering barriers to crypto participation and delivering tangible value for users.

MEXC Lists YOM (YOM) with 200,000 YOM and 40,000 USDT in Airdrop+ Rewards

MEXC, a pioneer in 0-fee digital asset trading, has announced the listing of YOM (YOM) in the Innovation Zone. Spot trading for the YOM/USDT pair is now open as of June 5, 2026, at 10:00 (UTC). To celebrate the listing, MEXC has launched an Airdrop+ event with a reward pool of 200,000 YOM and 40,000 USDT.

Blockbuster US job gains ruffle Wall Street

Forecast-beating US jobs data rattled Wall Street on Friday as investors saw increased chances of an interest rate hike.

Strong US job growth beats expectations in May, firming recent gains

US job growth surged past expectations in May with the unemployment rate remaining steady, as the labor market in the world's largest economy showed signs of firming after months of turbulence.

Nvidia's Huang arrives in South Korea with 'surprises', bets on robotics

Nvidia chief executive Jensen Huang arrived in Seoul Friday for a packed schedule of meetings with tech leaders, promising "some surprises" for South Korea while predicting robotics will be the country's next major growth sector.

Irish slump drags eurozone economy into red in first quarter

The eurozone recorded an unexpected contraction in the first three months of 2026 due to a steep slump in Ireland's economic figures, according to revised data issued on Friday.

Oil dips, equities diverge on MIdeast, AI trades

Oil prices slipped and stock markets were mixed Friday as traders reacted to Mideast war developments and concerns over the AI sector.

Crypto scammers prey on French victims from Albania

Despite facing up to 10 years in jail on fraud charges for allegedly luring people into putting their savings into an Albania-based cryptocurrency investment scam, Jon shows zero remorse.

Asian stocks take another hit from AI, Mideast worries

Asian equities went into reverse Friday on continued worries about the AI trade after disappointing forecasts from chip titan Broadcom, while investors were also keeping a wary eye on stuttering Middle East peace efforts.

Patterson-UTI Reports Drilling Activity for May 2026

HOUSTON, TX / ACCESS Newswire / June 5, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of May 2026, the Company had an average of 92 drilling rigs operating in the United States. For the two months ended May 31, 2026, the Company had an average of 90 drilling rigs operating in the United States.

ACG Announces Results of Extraordinary General Meeting of Shareholders

BEIJING, CHINA / ACCESS Newswire / June 5, 2026 / ATA Creativity Global ("ACG" or the "Company", Nasdaq:AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students' creativity, today announced that its 2026 Extraordinary General Meeting of Shareholders ("EGM") was held on Friday, June 5, 2026.

As the Looming Crisis Takes Hold, Jet Fuel Inventories Hit a 63-Year Low and Europe Faces Imminent Supply Failure, Genoil Inc. Offers the Only Viable Solution That Can Close the Gap

Proprietary Deep Conversion Upstream Specialized Refinery delivers up to 400%+ more transportation fuel per barrel - no new pipelines, no additional infrastructure required.

Join Calidi Biotherapeutics' Exclusive Live Investor Webinar and Q&A Session on June 9

ORLANDO, FL / ACCESS Newswire / June 5, 2026 / RedChip Companies will host an investor webinar with Calidi Biotherapeutics, Inc. (NYSE American:CLDI) ("Calidi" or "the Company") on June 9, 2026, at 4:15 p.m. ET.

Valsoft's TAG Software Group Acquires Countfire, a Leading Provider of Cloud-Based Takeoff and Estimation Software

MONTREAL, QC / ACCESS Newswire / June 5, 2026 / Valsoft Corporation Inc. ("Valsoft"), a Canadian company specializing in the acquisition and long-term development of vertical market software businesses, is pleased to announce the acquisition of Countfire, a London-based provider of cloud-based takeoff and estimation software for electrical, mechanical, and other estimators. The acquisition was completed through TAG Software Group, a wholly owned subsidiary of Valsoft.

Smith-Midland to Present and Host 1x1 Investor Meetings at the 16th Annual East Coast IDEAS Investor Conference on June 10th & 11th in New York, NY

MIDLAND, VA / ACCESS Newswire / June 5, 2026 / Smith-Midland Corporation (NASDAQ:SMID), a leading producer of innovative precast concrete products for infrastructure, transportation, and building construction, today announced management will present at the East Coast IDEAS Investor Conference on Thursday June 11, 2026 at The Westin Times Square in New York, NY. The Company's presentation is scheduled to begin at 3:20pm ET and will hold investor meetings throughout the day. The presentation is webcast and can be accessed through the conference host's main website: https://www.threepartadvisors.com/east-coast.

Join Avalon's Exclusive Live Investor Webinar and Q&A Session on June 8

ORLANDO, FL / ACCESS Newswire / June 5, 2026 / RedChip Companies will host an investor webinar with Avalon Advanced Materials Inc. (TSX:AVL)(OTCQB:AVLNF) ("Avalon") on June 8, 2026, at 4:15 p.m. ET.

Davidovich Stone Law Group Presents at AAGLA on Landlord Portfolio Protection

Managing Partner Niv V. Davidovich is a recurring featured speaker at AAGLA webinars, addressing landlords and property owners throughout Los Angeles on eviction strategy, rent stabilization compliance, and the legal practices that protect property portfolios before disputes arise.

Kingsway to Present at the Planet MicroCap Las Vegas 2026 Investor Conference Powered by MicroCapClub

CHICAGO, IL / ACCESS Newswire / June 5, 2026 / (NYSE: KWY) Kingsway Corporation ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced the Company will be presenting at the Planet MicroCap Las Vegas 2026 Investor Conference Powered by MicroCapClub on Wednesday, June 17, 2026, at 12:30PM PT at the Bellagio Resort & Hotel. JT Fitzgerald, Kingsway's President and CEO, will host a live presentation and question-and-answer session. The presentation and Q&A session will also be viewable via webcast.

Letter 1058 Starts a 30-Day Countdown - Clear Start Tax Explains What the IRS's Final Notice of Intent to Levy Really Means

Buried in the IRS's Standard Collection Sequence is a Single Piece of Mail - Letter 1058, Also Issued as LT11 - That Starts a 30-Day Window Before Wages, Bank Accounts or Other Property Can Be Seized

OCM Snack Festival Sparks Ultimate NYL AAPI Night Viral AIKO GARDEN 3D Fruit Ice Cream Sweeps Mainstream Market

HOUSTON, TX / ACCESS Newswire / June 5, 2026 / "OCM Snack Festival," curated by OCM, the premier operator and builder of leading Asian food brands in North America, achieved a spectacular conclusion at the iconic Barclays Center in Brooklyn. Serving as the high-profile anchor of the New York Liberty's AAPI (Asian American and Pacific Islander) Heritage Night, the event masterfully fused explosive professional basketball culture with trending Asian snacks and premium frozen innovations, offering a dynamic cultural experience that resonated deeply with mainstream American consumers and media alike.

SpaceX IPO: rockets, AI losses and Musk in control

SpaceX is inviting investors to bet on Elon Musk's vision of AI data centers in space and humans on Mars.

Oil drops, stocks mostly higher despite AI concerns

Oil prices and the dollar retreated Thursday as traders tracked conflicting developments in the Middle East war, while equity markets mostly rose despite a disappointing outlook from US chipmaker Broadcom weighing upon AI stocks.

Hungary drops charges against organisers of banned Pride marches

Hungarian prosecutors said Thursday they had dropped charges against organisers of last year's Pride marches, citing a landmark ruling from the EU's top court.

Oil drops, stocks mixed on Mideast war, AI uncertainty

Oil prices and the dollar retreated Thursday while stock markets were mixed as traders reacted to conflicting events in the Middle East war and the artificial intelligence industry.

MEXC Tops New Contract Listings in CoinGecko's 2026 State of Crypto Perpetuals Report

MEXC, a pioneer in 0-fee digital asset trading, ranked No. 1 in new perpetual contract listings among all major centralized exchanges globally, according to CoinGecko's newly released 2026 State of Crypto Perpetuals Report. Beyond leading in new contract listings, MEXC also ranked among the top four exchanges globally in open interest market share and established itself as a key participant in global perpetual trading volume.

Vast astronaut mission kicks off commercial race to replace ISS

The race to replace the ageing International Space Station is heating up after US company Vast announced a mission to fly an astronaut to its planned Haven-1 station next year.

Iran leader says dealt enemies 'decisive blow' in Mideast war

Iran's supreme leader said Thursday that the United States and Israel had been dealt a "decisive blow" in the Middle East war, after the government reported "no tangible progress" in negotiations on ending the conflict.

SpaceX seeks a record $75 bn in stock market debut

SpaceX, the rockets-to-AI behemoth led by Elon Musk, aims to raise $75 billion in the biggest initial share sale ever, as the world's richest person pursues data centers in space and a trip to Mars.

Asian stocks drop on AI, rate hike worries as Lebanon deal hits oil

Asian stocks sank Thursday after a disappointing forecast by chip giant Broadcom stoked concerns about the AI trade, while stronger-than-expected US data compounded speculation the Federal Reserve could hike interest rates.

From poplars to pistachios, Afghans rediscover the value of trees

Under the shade of recently planted poplars in northeastern Afghanistan, village leader Ghulam Ali Poya is proud to see residents rediscover the value of trees after years of wartime deforestation.

Indonesian rupiah falls to record low against US dollar

Indonesia's rupiah hit its weakest level ever against the dollar on Thursday, breaching the psychological 18,000 threshold amid concerns about the country's economy amid surging energy costs.

American Marconi Wireless News - Economy (English)