American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Anta Sports Expands Global Footprint With Strategic Puma Stake 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Innovent Biologics Shares Rally on New Eli Lilly Oncology and Immunology Deal 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
Washington Post Publisher Will Lewis Steps Down After Layoffs 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
China is storing the 73 million barrels of oil it bought cheaply in March and April on 59 ships left floating at sea off its northern coast.
The said amount of oil is three-quarters of global demand.
According to ClipperData, China's floating storage has nearly quadrupled since the end of May.
The amount is also seven times the monthly average in the first quarter of 2020.
According to Matt Smith, a director at ClipperData, China can't bring the oil it purchased quickly enough to transfer to onshore storage tanks, which are not even close to being filled.
China's buying binge helped prop up US crude price, which crashed to negative $40 a barrel, to surge to $40 a barrel.
The country's oil imports soared 11.3 million barrels per day in May, 19 percent higher from the previous year.
China's June shipments are expected to have surpassed that record.
Most of China's oil in its floating storage came from Brazil. A good amount also came from Iraq, Saudi Arabia, and Nigeria.
