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AXIOS (Brittany Gibson) - Trump's mandatory ICE detention policy struck down in appeals court

A federal appeals court struck down the Trump administration's mandatory detention policy on Wednesday. Why it matters: The Miami, Florida-based 11th Circuit ruling is the latest case to weigh the administration's controversial policy to hold people in immigration detention with the possibility for bond. - Now, two federal appeals courts have ruled against the government, while two others have supported the policy . One deadlocked . Driving the news: The case stems from the government's reinterpretation of a 1996 policy governing which migrants had to be held in detention and who was eligible for bond. - Since the policy change last year, anyone who entered the country illegally would be detained by ICE without bond, regardless of how…

NYTIMES (Francesca Regalado, Muktita Suhartono and Saif Hasnat) - Air-Conditioning Is in Short Supply as Asia Swelters

From classrooms to crowded buses, people across South and Southeast Asia are adjusting to life with less cooling — or none at all — as the war in Iran drives an energy crunch.

AXIOS (Nathan Bomey) - Corporate America shrugging off economic uncertainty as earnings deliver

Corporate America is delivering the goods this earnings season , dampening fears about the economy, even as rising energy prices threaten to undermine the momentum. Why it matters: Economic uncertainty tied to the Iran war — alongside stubborn inflation and souring consumer sentiment — don't seem to have derailed earnings in Q1. Zoom in: Wednesday's winners included: - Uber: After reporting a 25% rise in bookings, CEO Dara Khosrowshahi told CNBC : "The consumers are spending, they're spending locally, and we don't see any signs of that weakening at this point." - Disney: The company recorded better-than-expected operating income at all three of its divisions — entertainment, experiences and sports — as Bloomberg noted .…

AXIOS (Josephine Walker) - Trump's student loan limits could rock the health care industry

The Trump administration's new federal student loan limits could force aspiring health care workers to abandon their degrees or turn to private lenders. Why it matters: America's aging population means the nation needs more health care workers, but the borrowing cap could exacerbate the industry's worker shortage , which is already marked by medical care deserts and longer wait times . - "The health care workforce is not a faucet that you can turn on and off," Adrienne Thomas of the American Hospital Association tells Axios. "We're really concerned that this rule will discourage students from entering health care professions because they can't afford it." Catch up quickly: Trump's 2025 tax bill capped federal loans at $100,000 total…