Lebanese Army Officers Among 9 Killed In Israeli Airstrike On South Lebanon
In a rare, major development related to the Israel-Hezbollah war, fresh Saturday Israeli airstrikes on Southern Lebanon on Saturday took out a group of Lebanese Army forces.
What's more is that several officers were reported killed: "Israeli airstrikes on southern Lebanon Saturday killed nine people including three members of the Lebanese military, the Lebanese army and state media said, days after the two sides reached a new ceasefire deal," The Associated Press reports.
Via Reuters
"An airstrike on the road linking the city of Nabatiyeh with the town of Marjayoun occurred in the morning killing a brigadier general, a captain and another soldier, the army said without immediately releasing their names," the report continues.
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US To Tighten Rule Regarding Nonprofits Paying Excessive Executive Compensation
Authored by Naveen Athrappully via The Epoch Times,
The Internal Revenue Service (IRS) and the Department of the Treasury issued a notice on Friday, announcing their plan to issue proposed regulation concerning taxation on high compensation paid by tax-exempt organizations to employees.
The notice relates to excessive compensation and excess parachute payments, the IRS said in a June 5 statement. Parachute payments are made to key employees when they are terminated or when the business undergoes a merger or acquisition. An excess parachute payment is any such payment that exceeds three times an employee’s average annual compensation for the most recent five years.
Section 4960 of the Internal Revenue Code imposes an excise tax on any
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US Intercepted Fresh Iranian Ballistic Missile Attacks Overnight As Tehran Blasts 'Ceasefire Violations'
Summary
Iran's foreign ministry says US overnight action, especially bombing coastal radar facilities, is a violation of ceasfire.
New nighttime salvo of missiles on Kuwait, Bahrain: Six ballistic missiles fired at Bahrain and Kuwait were intercepted, CENTCOM said.
Overnight flare-up started with Iranian attack drones in Strait being intercepted by US forces.
Trump admits Iran still has some 20% of its missile arsenal: "It’s a lot of missiles, but it’s not what it was when we first attacked." (CNBC)
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Trump Says US Weighing Taking Stakes In AI Companies
Authored by Jacob Burg via The Epoch Times,
President Donald Trump told reporters on June 5 that his administration is exploring the possibility of the United States acquiring a public stake in artificial intelligence (AI) companies.
Trump made the comment in response to a question about a recent News of the United States report, which suggested that unnamed senior U.S. officials had discussed with major AI firms the possibility of the federal government holding some shares in their companies.
“There’s so much money that is so big that there are concepts where pieces could be given to the American public, where the American public essentially becomes a partner with the companies,” Trump said aboard Air Force One.
“I have spo
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