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Chicago has selected Elon Musk's Boring Company to build and operate an "express service to transport people to O'Hare Airport from downtown in 12 minutes on electric vehicles in underground tunnels," Mayor Rahm Emanuel says.

The United States is among the notable no-shows for the month-long World Cup tournament. It's the first time since 1986 the U.S. men haven't qualified for their sport's biggest event.

Soccer officials say they are moving on from criticism and controversy to get the men's national team back on track. But some wonder whether they're focusing on what really needs to be fixed — from improving coaching to broadening the appeal of the sport at the youth level — to put the American team back on the world stage.

Still stings

A powerful banking regulator appointed by President Trump could face tough questions in a Senate hearing Thursday about his efforts to allow big banks to make small, high-interest, short-term loans to consumers.

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Updated at 5:02 p.m. ET

The power plays for Hollywood's biggest studios are coming fast and furious.

Comcast on Wednesday made a $65 billion offer for some of the biggest Hollywood holdings of 21st Century Fox, the global television and entertainment conglomerate controlled by Rupert Murdoch and his family. The deal would not include Fox News.

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It seems like new sports bar concepts are popping up every month. One of the latest involves hurling a hatchet at a wall. Ax throwing is sort of like darts, you know, but on steroids. Ann-Elise Henzl of member station WUWM in Milwaukee reports.

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Now a story with sole.

(SOUNDBITE OF SONG, "LOUBOUTINS")

JENNIFER LOPEZ: (Singing) I'm throwing on my Louboutins. I'm throwing on my Louboutins.

(SOUNDBITE OF SONG, "BODAK YELLOW")

One way to think of President Trump's trade policy as a sort of soap opera. There are multiple plotlines, there's high drama, and plot twists abound. And on top of all that, you can walk away for a while, come back, and still know the general thrust of the plot — in this case, the thrust being that President Trump has a penchant for blowing up trade agreements (or at least, saying that he will). Today, we catch you up on the latest dramatic developments and answer a big, looming question: are we in a trade war?

The state of Massachusetts is taking a new step in the fight against the opioid epidemic, filing a lawsuit against Purdue Pharma that also names the OxyContin maker's executives. The suit alleges the company and 16 of its current and former directors misled doctors and patients about the risks of its opioid-based pain medications.

A federal judge has approved the merger of AT&T and Time Warner.

NPR’s David Folkenflik and Yuki Noguchi report:

Judge Richard Leon rejected arguments by Justice Department lawyers that the combined company would be too large and too powerful and that the $85 billion deal would harm competition and hurt consumers.

Saudi Aramco, Saudi Arabia's state oil company, is often described as the kingdom's crown jewel.

It produces more oil than any other company in the world, supplying the world with a steady supply of crude and providing the kingdom with revenues that make up more than 80 percent of the national budget.

Updated at 2:21 p.m. ET

The Federal Reserve increased a key interest rate again Wednesday, which will trigger higher rates on credit cards, home equity lines and other kinds of borrowing.

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Updated at 6:02 p.m. ET

A federal judge on Tuesday gave his blessing to telecom giant AT&T's drive to take over the Time Warner media conglomerate. U.S. District Court Judge Richard Leon rejected arguments by Justice Department lawyers that the combined company would be too large and too powerful and that the $85 billion deal would harm competition and hurt consumers.

The Trump administration's mixed signals on implementing tariffs is causing uncertainty for many businesses whose costs could rise if tariffs are imposed. Delaying decisions about hiring and signing contracts could hurt not only the individual businesses, but the economy as a whole.

Update: On June 15, Lucerne International CEO Mary Buchzeiger said she had been notified that the auto door hinges manufactured by her company had been removed from the Trump administration's list of goods that would be subject to a 25 percent tariff.

CBO vs. POTUS

Jun 12, 2018

The Congressional Budget Office has a long history of disputes with the White House, including the current administration. It has withstood them all.

On this episode of The Indicator, we speak with Alice Rivlin, the first-ever director of the CBO. She explains the origins of the CBO, why it matters, and why the complaints about it from the Trump administration are different from those of the past.

In Kerala, a tropical slice of a state that runs along India's southwestern coast, people use every part of the coconut tree. The bark is used as firewood. The leaves and husks become mats and rope. The fruit, of course, features heavily in curries, chutneys and stews. The sweet sap can be used to make palm sugar. Or, left to ferment, it can be transformed into a special, mildly alcoholic brew called toddy.

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Ivanka Trump and Jared Kushner earned at least $82 million last year from investments and business concerns outside of their jobs as unpaid senior advisers to the president, according to financial disclosures released by the White House.

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