G7 Averts Trade War with Minimum Tax Compromise | JQJO

G7 nations, excluding the U.S., agreed to a 15% minimum tax on multinational corporations to stabilize the international tax system. This agreement avoids retaliatory tariffs threatened by the U.S. The U.S. secured an exemption from the minimum tax in exchange for dropping a planned "revenge tax" on countries with allegedly discriminatory levies against U.S. firms. This resolution comes amidst ongoing trade negotiations between the U.S. and the EU, with a July 9th deadline looming.

The City Council plans to vote on the airport use and lease agreement during its Nov. 9 meeting after the mayor vetoed a longer timeline.

Netflix announced that Dan Lin has been relieved of his duties as head of film. The decision follows a wave of layoffs that saw 1,000 employees—about 6 % of the global workforce—cut last week. Lin, who joined Netflix in 2024, will meet with his feature staff for a post‑mortem. A successor will not be named until Peter Rice takes over as Chief Content Officer from Bela Bajaria on October 26. Co‑CEO Ted Sarandos praised Lin’s “dedication to quality filmmaking” and “collaborative spirit.” The move comes as Netflix’s stock trades near $70, down 1 % from the day’s close. A company‑wide town hall with Sarandos and Greg Peters is scheduled for Wednesday.

Dana‑Farber Cancer Institute broke ground Monday on a 300‑bed, 450,000‑square‑foot cancer hospital that will open in 2031 on the former Joslin Diabetes Center site on Brookline Avenue. The new facility will create about 2,400 jobs over the next four years and will feature a bridge to Beth Israel Deaconess Medical Center, replacing the existing bridge to Mass General Brigham. The move follows Dana‑Farber’s 2023 decision to end its long‑standing partnership with Mass General Brigham and begin a new collaboration with Beth Israel Lahey Health, the state’s second‑largest health system. Boston Mayor Michelle Wu called the groundbreaking “a significant moment in history.” Dana‑Farber will house hospitalized cancer patients at Beth Israel Deaconess until the new hospital opens, with a staged transition of patients and outpatient services beginning this week. The partnership shift is expected to be completed by 2028.

French officials considered declaring a state of emergency and local curfews after widespread riots. Anti‑government protests in major cities turned violent, damaging historic sites and leading to more than two thousand arrests. In Marseille, large gatherings were banned following the unrest. The town hall in Limoges was burned by masked rioters. President Emmanuel Macron vowed to hold those who sought to undermine the republic accountable. Prime Minister Sébastien Lecornu blamed an ultra‑left movement for orchestrating disorder and called for regional curfews.

More than three dozen members of the United States Congress received envelopes containing white powder less than three weeks before the November three midterms. The latest incident involved Virginia Democrat Suhas Subramanyam, whose Leesburg district office was evacuated after a suspicious substance arrived. Preliminary tests indicated the powder was not hazardous. Federal agents, including the FBI, Capitol Police and the U.S. Postal Inspection Service, are investigating the campaign. Election offices in at least fifteen states reported receiving or being targeted by suspicious mail. No suspect has been named, and authorities have not released a confirmed figure.

Elon Musk said on Monday he will give one SpaceX share to every child in America next year. The announcement came in an X post, with no age limit specified. SpaceX stock rose one percent in morning trading that day. Musk may use Trump Accounts to distribute the shares. SpaceX COO Gwynne Shotwell pledged over three hundred twenty million dollars in stock for more than two million children.

The Indianapolis Colts have fired General Manager Chris Ballard and are now exploring a potential hire of former quarterback Peyton Manning. Dan Patrick announced on his show that the Colts’ first call will be to Manning, who could also receive an ownership stake. The Colts have not yet contacted Manning, but the possibility is being discussed. If hired, Manning would focus solely on the GM position, leaving his media ventures behind. The move could bring a high-profile figure back to Indy and reshape the team's front‑office structure.

A Russian Geran‑3 drone struck the central park of Nova Vodolaha in Kharkiv Oblast on October nineteenth, killing six people, including two children aged eight and one, and injuring at least fifteen. Interior Minister Ivan Vyhivskyi said the attack made no military sense, while President Volodymyr Zelensky called it an "absolute atrocity" and urged that sanctions against Russia remain in place until such killings cease. Prosecutors have opened a pre‑trial investigation into a possible war crime.

Jon Stewart will remain the host of Comedy Central’s "The Daily Show" through December two thousand and twenty‑eight, extending his once‑a‑week role through the next presidential election. Skydance announced the two‑year extension on Monday, resolving uncertainty about Stewart’s contract, which was due to expire in December. The new deal means one of television’s most prominent critics of President Donald Trump is staying in place for the rest of Trump’s term. Stewart will continue hosting on Monday nights, an arrangement in place since January two thousand and twenty‑four, and serving as executive producer of the series. The agreement is Stewart’s longest extension since returning to the program, following two successive one‑year renewals.

Donnie Wahlberg, the actor and singer, posted a video on Sunday thanking God and the pilots after his private jet skidded off runway one‑L at Harry Reid International Airport. The jet, carrying him and seven others, failed to lift off and ran off the runway, striking the airport’s perimeter fence. Wahlberg described the incident as intense, saying the pilots’ actions prevented a serious disaster. He praised emergency personnel on the ground and expressed gratitude for everyone’s safety. The incident occurred after a New Kids on the Block show in Las Vegas.