Reuters - Morning Digest

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Tuesday, August 6, 2019

War with Iran is the mother of all wars: Iran president

War with Iran is the mother of all wars, Iranian President Hassan Rouhani said on Tuesday in a speech broadcast live on state TV, warning once again that shipping might not be safe in the Strait of Hormuz oil waterway.

For J.C. Penney CEO, debt haunts turnaround bid

J.C. Penney Co Inc’s stock has plunged more than 70% over the past year and now trades under $1. Its first-quarter financial loss nearly doubled to $154 million.

Jeff Bezos sells Amazon stock worth $2.8 billion last week

Amazon.com Inc Chief Executive Officer Jeff Bezos offloaded $990 million worth of shares in the company last Thursday and Friday, taking the total value of shares sold last week to $2.8 billion.

'Moving fast:' Musk's SpaceX eyes Florida for launch site for Mars rocket

Elon Musk's SpaceX is expanding its facilities in Florida to make room for the space company's forthcoming super heavy-lift launch vehicle dubbed Starship, according to a draft of the plans seen by Reuters on Friday.

Report: Cards, Crabtree unable to agree on deal

It appears Michael Crabtree won't be playing for the Arizona Cardinals, after all.

Singer R. Kelly charged in Minnesota with soliciting sex from minor

Singer R. Kelly, jailed in New York last month after he was charged in Brooklyn and Chicago with numerous sexual misconduct felonies, was charged on Monday in Minnesota with soliciting sex from a minor at a Minneapolis hotel room 18 years ago.

The man in the plastic mask: Brazil inmate busted in brazen jailbreak

A masked Rio de Janeiro inmate dressed as a woman tried to break out of a Brazilian jail this weekend in a surreal act of derring-do, only to be thwarted on the cusp of freedom by state prison authorities.