Russia moved to shore up its internal security forces as the Defense Ministry said that the Wagner paramilitary group was preparing to hand over its heavy weapons, an indication it could be disbanded as an autonomous force in coming days. https://ift.tt/h0Gdzl4

The court rejected a bid by Norfolk Southern to limit its state-court liability in states where it does relatively little business, saying states can require firms to submit to their courts’ jurisdiction as a condition of doing business within their borders. https://ift.tt/tgKsijw

Major U.S. stock indexes rose, with the S&P 500, Nasdaq and Dow industrials posting gains of 1.1%, 1.6% and 0.6%, respectively. https://ift.tt/rIm79Ma

Ryan Seacrest will be the new host of “Wheel of Fortune,” succeeding Pat Sajak after the longtime host steps down next year. https://ift.tt/UVe4kLH

Lagarde said the ECB wouldlikely raise rates in Julyand keep them high for some time, signaling that the central bank still has a way to go to tame high inflation. https://ift.tt/cnPJiFV

Ford plans to lay off at least 1,000 salaried employees and contract workers in North America, people familiar with the matter said. https://ift.tt/Yn3Jvkz

Lordstown Motors, the electric-truck startup once cheered by investors during the SPAC boom and lauded by former President Trump as a savior for a closed GM factory in Ohio, filed for bankruptcy, the company said. https://ift.tt/wuEUm17

Australia Inflation Tamer Than Expected in May; Could Prompt RBA to Pause https://ift.tt/8Epwvym

Oil Rises; Demand Uncertainties Could Drag On https://ift.tt/5GfCcHe

Gold Edges Up, But Downward Pressure May Continue https://ift.tt/UV3yHlG