us, you are in time for the top business stories. we start in the us where, as you ve been hearing in the last few hours, meta, the owner of facebook, instagram and whatsapp, has launched its widely anticipated new conversation app, threads. it allows users to create posts of up to 500 characters and is being seen as a clear rival to twitter. threads is available to download in more than 100 countries around the world, including here in the uk, but not as yet in the european union because of concerns over privacy regulations. meta boss mark zuckerberg says 5 million users have already signed up to threads in the first four hours. and many tech industry watchers say it poses a very real threat to twitter. i think threads will pose a huge threat to twitter because it is coming from the matter and instagram family of apps. instagram has 2 million users compared to around 250 million of twitter so about ten times bigger already. of twitter so about ten times biggeralready. if of
earths just days ago. i think she really wants as she said to get communications open. we are trading a lot with china, china depends on the us, us depends on china but at the same time, security and geopolitical interests are coming into conflict. i would say it is a little bit like good cop bad cop, blinken being the bad cop and now yellen going in as the good cop trying to say, look, we have a lot in common, let s see what we can do together, but boy, back home in the united states, both the democrats and the republicans are bashing on china, trump put in tariffs on hundreds of billions of chinese goods and president biden, who has reversed every trump policy he can, has kept that one. but despite those cooling tensions, the trade between the two have actually been growing but of course just ahead of her visit, beijing announcing those export controls on rare metals, also introducing some new laws on foreign relations and counterespionage and so on. is beijing playing ha
world. i m christine romans. we begin with this senseless tragedy in louisville, kentucky , a 25 year old bank employee opening fire at his workplace, live streaming his own attack that killed four people in minutes. one of the nine others hurt in the early moments later died of those injuries. cnn s omar jimenez has more from louisville. in just moments. four people were killed in nine others injured at this bank in louisville, kentucky. officers were on scene within three minutes. the suspect shot at officers. we then returned fire and stop that threat. police revealing the shooter was an employee at the bank and had livestreamed the attack. suspect was live framing. and unfortunately, that s that s tragic. to know that that incident was out there and captured enforcement source telling cnn the shooter had also learned he was going to be fired and wrote a note to his parents and a friend indicating he was going to shoot at the bank. among those injured in the attack. two po
democratic congressman jamie raskin and eric swalwell going after republicans for their efforts to hold attorney general merrick garland in contempt of congress. we ll have more from that partisan vote in the house in just a moment. it comes as donald trump will be on capitol hill today to meet republican lawmakers from both chambers, setting up his first face-to-face meeting with senate minority leader mitch mcconnell in more than three years. and also ahead we ll bring you the latest from the g7 summit in italy where support for ukraine is a top priority for president biden and other world leaders. good morning and welcome to way too early on this thursday, june 13th. i m jonathan lemire. thanks for starting your day with us. and we ll begin this morning overseas where president biden is in italy for the first day of the g7 summit. he arrived last night around 11 p.m. local time and will now attend multiple working sessions throughout today. afterwards, he ll meet w
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of Australia's higher-than-expected consumer prices on quarter in the first quarter of 2024.