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The U.S. Justice Department is charging Boeing with fraud following two fatal crashes, demanding a guilty plea or trial, with a $487 million penalty included in the plea deal. Meanwhile, Boeing is buying back Spirit AeroSystems for $4.7 billion in stock, and Airbus will handle the supplier’s European debt. Israel ordered a mass evacuation of Palestinians from Khan Younis, indicating a possible ground assault in Gaza, with 55 Palestinians released without charges. The Supreme Court set a hearing date for Trump’s immunity case related to the 2020 election and refused to settle social media laws from Texas and Florida, leaving them blocked. The Karen Read murder trial ended in a mistrial due to a deadlocked jury, while "Inside Out 2" became the fastest animated film to gross a billion dollars worldwide. Simone Biles secured her spot in her third Olympics, becoming the oldest female American gymnast since 1952 to compete. Steve Bannon began his four-month prison sentence for defying a congressional subpoena.

Bulletin Brief:

New Supreme Court rulings on presidential immunity; social media use (NBC, CNN)

US will criminally charge Boeing (Reuters, Reuters)

Israel to begin new assault on Gaza, releases hostages (CBS, AP)

Karen Read murder trial ends in mistrial (CBS)

“Inside Out” 2 grosses 1 billion (CNBC)

Simone Biles qualifies for Olympics (NBC)

Steve Bannon reports to federal prison (CNN)