1. Reuters reported that the social media company Truth Social, owned by Trump, and the SPAC company Digital World Acquisition Corp reached a funding transaction that was proposed to be delayed completion by one year, but this proposal did not receive enough shareholder support. Due to the civil and criminal investigations facing the deal, it has been frozen, which also became a key reason for proposing the delay of the transaction. $Trump Media & Technology (DJT.US)$DWAC's extension proposal required 65% shareholder support, but the actual shareholder support by Monday evening was far below this minimum requirement.Monday's evening actual voting support by shareholders was far below the minimum requirement of 65% required for DWAC's extension proposal.Company executives believe that they will not be able to obtain enough shareholder support within the specified time, so they have started considering other options.
2. On Tuesday, the union said that Deutsche Lufthansa AG sponsored ADR $Deutsche Lufthansa AG Sponsored ADR (DLAKY.US)$'s pilots will go on strike again this week, exacerbating wage disputes and summer travel chaos.The union Vereinigung Cockpit, consisting of more than 5,000 pilots, said that the strike will involve pilots from the passenger and cargo departments of the airline. Passenger pilots will strike on Wednesday and Thursday, while cargo pilots will strike from Wednesday to Friday.
3. Volkswagen $VOLKSWAGEN A G (VWAGY.US)$Announced the intention to launch a sports car on Monday...