USDA proposed rule would remove more than 6 million people from the SNAP food-stamp program.

Islamic Republic of Iran Broadcasting (IRIB) cited the Islamic Revolutionary Guard Corps (IRGC) as saying an oil tanker struck a mine and caught fire in the Strait of Hormuz.

German chipmaker Infineon raised its sales forecast for its data‑center business, saying it now expects about €4.0bn in revenue for the fiscal year ending September 2027. The company had previously guided €2.5bn for AI data‑center power solutions; the new figure includes roughly €0.5bn from traditional data centers. CEO Hanebeck said Infineon expects significant revenue and profit growth in fiscal 2027, with power chips for data centers and e‑mobility as the main growth drivers.