Former Japanese Prime Minister Shinzo Abe has died after being shot during a campaign speech in Nara. Abe, 67, was airlifted to a nearby hospital, where he received more than 100 units of blood over four hours as he hemorrhaged from a heart wound. He never revived and was pronounced dead at 5:03 p.m. Police said they arrested a suspect, Tetsuya Yamagami, 41. Abe was campaigning for a candidate ahead of Sunday’s Upper House elections. The assassination shocked Japan, seen as a safe nation with some of the world’s strictest gun control laws. Abe, a divisive arch-conservative, was Japan’s longest-serving prime minister who twice held that position before stepping down in 2020. CHEDDAR

After resigning as British prime minister, Boris Johnson says he’ll remain in office in a caretaker capacity until his party chooses a successor, though the timing for his transition out of power isn’t clear. The question, of course, is who could be the next prime minister? Possible candidates include Jeremy Hunt, a former foreign secretary whom Johnson defeated in the 2019 election, and Rishi Sunak, who was one of the first Cabinet ministers to start the domino effect of mass resignations leading to Johnson’s own resignation. Others mentioned as potential successors are Liz Truss, Nadhim Zahawi and Sajid Javid. CNN

A federal judge in Minneapolis sentenced Derek Chauvin to more than 20 years in prison for the murder of George Floyd. The former police officer was given 252 months after he pleaded guilty to multiple federal civil rights charges, including the use of excessive force for kneeling on Floyd's neck in the May 2020 incident. Chauvin is already serving a separate, 22.5-year sentence for murder and manslaughter convictions on the state level. The federal and state sentences will run concurrently. Chauvin has been held in solitary confinement at a maximum security prison in Minnesota, but he’s expected to be transferred to a federal lockup. CHEDDAR

Ramesh “Sunny” Balwani, the former president and COO of the bankrupt blood-testing company Theranos, was found guilty on all 12 counts of conspiracy and fraud against investors as well as patients who relied on unreliable blood tests and potentially jeopardized their health. A similar verdict was earlier handed to Theranos founder and ex-CEO Elizabeth Holmes, who once dated Balwani; both Holmes, 38, and Balwani, 57, face up to 20 years in prison at sentencing later. Balwani’s defense team blamed Holmes for the misconduct, claiming she persuaded investors to pour nearly $1 billion into Theranos by fraudulently telling them the company had developed revolutionary healthcare devices. CHEDDAR

Appearing in a Russian court yesterday, American basketball star Britney Griner pleaded guilty to a drug charge but denied she had intentionally broken the law. Griner told the court that the cannabis vape cartridges which led to her arrest were packed accidentally because she was in a hurry. “I didn’t want to break the law,” Griner said. The WNBA star and Olympic gold medalist faces up to 10 years in prison if convicted. The next hearing is scheduled July 14. ESPN

The U.S. Department of Transportation awarded $968.6 million to 85 airport projects with grants from the $1 trillion infrastructure law. The FAA said that 532 airports submitted applications for 658 projects that, if all had been granted, would have totaled more than $14 billion. Some airports that did make the cut: Denver International Airport received $60 million to improve its terminal and replace its bag-handling system, Orlando International Airport received $50 million to build four new gates, Detroit Metropolitan Airport received about $50 million for new restrooms, baggage claim belts and passenger boarding bridges, and Dulles Airport outside Washington D.C. also got about $50 million to build a new concourse. FORBES

Though still absurdly high, gas prices are down from their mid-June peak of an average of $5.01 per gallon, as the national average now sits at $4.75. U.S. gasoline futures have dipped more than 11% in the last week — providing hope for more relief at the pump. GasBuddy’s head of petroleum analysis, Patrick De Haan, predicted the national average could drop to between $4 and $4.25 by mid-August, but he warned that the future of gas prices is still up in the air with hurricane season starting up and because of the unpredictable geopolitical climate surrounding the war in Ukraine. USA TODAY

President Joe Biden presented the Presidential Medal of Freedom — the nation's highest civilian honor — to 17 individuals including Olympic gold medalist Simone Biles, Academy Award-winning actor Denzel Washington and former Congresswoman Gabrielle Giffords. High-profile names receiving the medal posthumously included Apple co-founder Steve Jobs and former Sen. John McCain. The first American to receive the Covid-19 vaccine, Sandra Lindsay, was also honored. Biden was awarded the medal himself in 2017. CNN

One of Europe’s most famous traditions returned after a two-year hiatus due to the pandemic, as Spain’s traditional running of the bulls took place at the San Fermín festival in Pamplona. The story coming out of Day One was that no one was gored, but six people were hospitalized including a 30-year-old tourist from Atlanta. Yesterday’s run was the first of eight scheduled in July; each morning run lasts about two and a half minutes. Casting a dark cloud over the custom is the fact that the bulls are slaughtered the same afternoon, a practice which animal rights activists have unsuccessfully campaigned against for decades. AP

Rafael Nadal has forfeited his Wimbledon semifinal match against Nick Kyrgios due to a torn abdominal muscle. The 22-time major champion said he had been experiencing pain for the past week, but the injury worsened during his quarterfinal victory over Taylor Fritz. Kyrgios will now face the winner of the Novak Djokovic-Cameron Norrie semifinal in the Australian’s first ever Grand Slam final. On the women’s side, the final takes place later this morning as Ons Jabeur and Elena Rybakina both will be playing for their first Grand Slam title. Jabeur, ranked No. 2 in the world, is the first African and Arab player to reach a major final. CBS SPORTS

Prolific actor James Caan has died at the age of 82. Caan's breakout role came in the 1972 mob classic, “The Godfather,” where he played the fiery Sonny Corleone in a role that landed him an Oscar nomination for Best Supporting Actor. Caan later gained acclaim for his starring role in the 1990 thriller “Misery” before appearing in 2000s' box office successes like the Christmas comedy “Elf” and the animated hit “Cloudy with a Chance of Meatballs.” Caan — who went by “Jimmy” — was born in The Bronx to German immigrants but raised in Queens. He married multiple times and was father to five children, including actor Scott Caan. A cause of death was not released. VARIET

Blast that air conditioner this weekend and settle in with some good streaming TV. This week, the Cheddar News Digital Team recommends a Brooklyn-based comedy, a World War II spy drama, Jeff Bridges on the run, and a drama centered on the insiders of Wall Street. CHEDDAR

If you’re still looking for more content to consume, check out the latest episode of Cheddar’s “The Deep End.” Reporters Chloe Aiello and Michelle Castillo take a deep dive into summer entertainment as in-person events continue to roll out reopenings post-pandemic. You can catch the full series on Cheddar.com.

One thing we love: Memories of watching reruns of “Elf” on cable during the holidays. RIP, James Caan.

One thing we hate: Hearing the sound of receiving a text message only to realize it was someone else’s phone. 

One thing we ate: Spinach tortellini. A vegetable wrapped in dough is still a vegetable, so … it counts as healthy, right?