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Israeli jets pound Gaza as rocket fire resumes

Yahoo Finance's Adam Shapiro joined Yahoo Finance Live to break down today's biggest headlines in today's News on the Move segment.

Video Transcript

ADAM SHAPIRO: News on the Move. More people were killed as the war between Israel and Hamas intensified, despite calls for a ceasefire. The violence has cost 12 Israelis and 213 Palestinians their lives. President Biden expressed his support for a ceasefire during a phone call with Israeli Prime Minister Benjamin Netanyahu.

Argentine beef is prized worldwide. But the government in Argentina today imposed restrictions on exports to fight rapid inflation. It's approaching 50%. Argentina is the world's fifth largest exporter of beef, but will prohibit sales to customers overseas for the next 30 days.

Luxury sportscar maker Lamborghini is planning to introduce an all-electric vehicle. But first, a line of hybrid sportscars will hit showrooms by 2024. CEO Stephan Winkelmann says Lamborghini plans to cut emissions from its cars by 50% within four years. He says the fully electric Lamborghini will be a four-seater and more of a daily driver. And they promise it will have a light in the glove compartment.