CONSERVATIVE GOVERNMENT FACES CHALLENGE

» Spain’s conservative MADRID government appeared doomed Thursday to lose a no-confidence vote in parliament, with the center-left Socialist party poised to take power. A Basque nationalist party’s announcement that it would vote in favor of the motion spelled the almost certain end of Prime Minister Mariano Rajoy’s mandate and foretold the collapse of his minority government in a parliamentary vote Friday, when it will be short of support to survive.

Trump’s net worth slides to $2.8 billion, lowest since campaign.

NEW YORK

» President Donald Trump’s net worth slipped to $2.8 billion, a decline of $100 million over the past year, as revenue at his namesake Fifth Avenue tower and golf courses fell.

The drop, the second in two years, is based on figures compiled by the Bloomberg Billionaires Index from lenders, property records, annual reports, market data and a May 16 financial disclosure. It occurred as Trump began his second year in the White House and his name was stripped from buildings in Toronto, Manhattan and Panama.

The most recent estimate, down from $2.9 billion last June, is the lowest since Bloomberg began tracking Trump’s wealth in 2015. The biggest declines, totaling $220 million, came from adjacent buildings in midtown Manhattan: 6 E. 57th St., which previously housed a Niketown store, and Trump Tower, where lower occupancy resulted in less income.

Italy gets western Europe’s first nationalist government on second try.

MILAN

» Italy’s anti-establishment 5-Star Movement and the right-wing League succeeded Thursday in forming western Europe’s first nationalist government, which will be headed by a political novice whose first try was rejected four days earlier as too risky for the Italian economy. What changed was the willingness of 5-Star leader Luigi Di Maio and League leader Matteo Salvini to shuffle the proposed roster of government ministers amid a market scare. They moved an 81-year-old euroskeptic economist vetoed by Italy’s president from overseeing the economy ministry to a European affairs Cabinet post.

Comic Samantha Bee apologizes to Ivanka Trump for slur.

Comedian Samantha NEW YORK

Bee apologized to Ivanka Trump and viewers on Thursday for using an obscenity to describe the president’s daughter, an incident that quickly thrust her into the middle of the nation’s political divide.

Her network, TBS, also said it was “our mistake, too,” in allowing the language on Bee’s show, “Full Frontal,” on Wednesday. Her show is taped and not aired live.

Bee used a profane word to describe Ivanka Trump toward the end of a segment about President Donald Trump’s immigration policies. She used the slur in urging Ivanka Trump to speak to her father about policies that separate children from their parents.

Recreational pot measure likely headed to ballot.

MACKINAC

Worried that Michigan voters might legalize recreational marijuana this fall, some Republican lawmakers think they have a way to apply the brakes: pass it themselves first to make it easier to change later.

To be clear, passage in the Legislature is a longshot. Republican House Speaker Tom Leonard said it would take a “marijuana miracle” for the House to vote on it by a Tuesday deadline.