Daily Brief ·
Ukraine resumes strikes on Russian refineries, a school roof collapse in Pakistan kills at least 35, producer prices jump, AI stocks slide, and the Broncos host Seattle tonight.
AP and Reuters report Ukraine hit a refinery in Russia's Ryazan region Thursday. President Zelenskyy said in an interview that he felt betrayed by President Trump's deal with Russian President Putin and the energy ceasefire announcement.
Authorities and a hospital official told AP at least 34 children and a teacher were killed and more than 50 people injured at the private Al-Khair school. BBC also reported the collapse; tolls differed as rescue work continued. The school's owner was arrested, according to local reports.
Source: AP (also BBC) (opens in new tab)
The coalition said it destroyed the missile and thwarted another attack in eastern Saudi Arabia. A Houthi spokesman said the group carried out no attacks on Saudi Arabia Thursday.
The Bureau of Labor Statistics said its final-demand producer price index rose 1.3% for the month and 6.3% over 12 months. The report followed a hotter-than-expected consumer price report Wednesday.
Source: Bureau of Labor Statistics (also CNBC) (opens in new tab)
Reuters reported CoreWeave fell 8.5% after a 15% drop Wednesday, with Nvidia, AMD and Micron also lower, as investors moved into Treasurys. The Wall Street Journal reported the Nasdaq headed for a fourth straight losing day even as TSMC posted a record profit.
Source: Reuters (also Wall Street Journal) (opens in new tab)
The state is paying $25 million and the district $24.3 million in the lawsuit over the 2020 death of 15-year-old Karreon Adams-Franks, according to The Columbian and OPB.
Source: The Columbian (also OPB, Seattle Times) (opens in new tab)
Brown's office said the settlement exceeds the protections the bill sought, including daily time limits and nighttime blocks for teens. GeekWire reported Washington could receive up to $339 million from the settlement.
Source: Washington State Standard (also GeekWire) (opens in new tab)
Michael Van Valkenburgh Associates will lead design work through 2027, with construction planned to start in 2028, according to Denverite and Axios Denver.
Both teams are 3-2. Kickoff is 5:15 p.m. PT on Amazon Prime Video. Cornerback Pat Surtain II and safety Talanoa Hufanga are ruled out with ankle injuries; cornerback Riley Moss is questionable, according to the Broncos and CBS Sports.
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