Hunt is On for Missing Titanic-Tour Submersible

The U.S. Coast Guard is racing against time to find a missing tourist submarine that carries people to see the wreckage of the Titanic. 

The small submarine disappeared Sunday afternoon and has only 96 hours of oxygen supply. Five people are aboard the sub, including a British executive and a French naval commander. 

Oceangate, the company running the tours, charges $250,000 a ticket for a seven-night expedition to the Titanic.   

Ukraine Drives Russians From Eight Villages

Ukraine says its two-week-old counter-offensive has driven Russian forces out of eight villages on the heavily fortified route to the Azov Sea coast.

The advance by Kyiv has now moved 4.5 miles into Russian lines over two weeks, capturing 44 square miles of contested land.

Ukrainian defense officials said their “biggest blow” was still to come, despite tough Russian resistance.

How Much Money Makes You Feel Rich?

A new survey from Charles Schwab shows that Americans think $2.2 million is the magic number to feel wealthy. 

At the same time, 48 percent of Americans who say they already feel wealthy actually have a net worth of $550,000.

The Schwab annual Modern Wealth Survey shows that most Americans don’t measure wealth only by money. Nearly two-thirds say having good relationships with their loved ones better describes real wealth.

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➤ The Heritage Foundation filed two lawsuits Monday against Manhattan District Attorney Alvin Bragg, demanding his office turn over records related to the charges against Donald Trump.  Bragg has failed to comply with two previous legal requests for the documents. (More)

➤ The U.S. and China agreed Monday to stabilize deteriorating ties between the two nations, but China rebuffed the U.S. proposal of direct military-to-military communication. Chinese leaders hailed Secretary of State Antony Blinken’s visit as “a new beginning.” (More)

➤ The United Nations adopted the first-ever international treaty governing the high seas. The measure, approved by 193 UN member states, aims to manage disputes over natural resources and shipping in international waters. (More)

➤ Rep. Jared Moskowitz, a self-proclaimed “sneakerhead” and founder of the Congressional Sneaker Caucus, has sent a letter to Speaker Kevin McCarthy seeking to end the ban on wearing sneakers in the ornate speaker’s lobby. (More)

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➤ Max Verstappen won the Canadian Formula One Grand Prix this weekend despite a bird hitting his car early in the race. The dead bird was still stuck on the car when Verstappen crossed the finish line. (More)

➤Australia’s leading sports authority has recommended testosterone limits for transgender athletes who want to compete against top female competitors. The guidelines are non-compulsory and designed for elite sports that are power-based or aerobic. (More)

➤Austin Simmons, a home-schooled star quarterback, will skip his junior and senior high school years to join the University of Mississippi football team at age 17. Simmons already completed all his high school credits with a 5.3 GPA. (More)

Market Report   6/19/23

➤Airbus locked up a historic sale Monday, agreeing to sell 500 narrow-body jets to Indian budget airline IndiGo on the opening day of the Paris Airshow. That marks the most jets ever bought by a single airline. (More)

➤Amazon, Marriott, Hilton, and dozens of other multinational companies pledged Monday to hire more than 13,000 refugees over the next three years, including Ukrainian women who fled the war with Russia. (More)

➤ Intel says it will spend over $33 billion to build two chip-making plants in Germany in a deal German officials hailed as the country’s biggest foreign investment ever. Berlin agreed to subsidies worth $10 billion to win the deal. (More)

➤ Apple is challenging a 111-year-old Swiss fruit company over the trademark rights to the image of an apple. The fruit company says Apple wants to trademark images of actual apples used by companies anywhere in the world. (More) 

➤ Hackers threaten to release 80 gigabytes of stolen data from Reddit unless the company pays a ransom of $4.5 million. The Black Cat ransomware gang also demanded that Reddit reverse its controversial new price hikes. (More)

➤ The Earth has tilted nearly 80 centimeters east on its axis since 1993, changing the planet’s rotational pole, a new study says.  The shift may be due to the massive amount of water humans have pumped out from the ground. (More)

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➤Max Park, a 21-year-old with autism, set a new world record this month by solving the Rubik’s Cube puzzle in 3.13 seconds. (See Video)

➤ Roman officials today opened a new tourist walkway where legend (and Shakespeare) says Julius Caesar was assassinated. The spot is below street level and difficult to see. The new walkway will give tourists an up-close view of the ruins. (More) 

➤ A Brazilian band kept its cool when an airplane door opened during a flight from Sao Luis to Salvador City. A video shows the back door wide open while the plane made an emergency landing. (See Video) 

Today’s Trivia

The famous phrase “Beware the Ides of March” refers to what event?