Trump Sets 48-Hour Iran Hormuz Ultimatum
Washington, D.C. — President Donald Trump issued a dramatic 48-hour ultimatum to Iran on Saturday, threatening to “hit and obliterate” the country’s power plants if Tehran fails to fully reopen…
Jury Finds Musk Liable in Twitter Lawsuit
SAN FRANCISCO, Calif. — A federal jury has found Elon Musk liable for misleading Twitter investors in the months leading up to his 2022 takeover of the social media company.…
Markets tumble as Middle East oil surges
NEW YORK, U.S. — The Guardian, the Los Angeles Times, Energy Connects, LSEG, The Spokesman-Review, and Kiplinger report that global markets fell as oil prices climbed amid escalating conflict in…
Super Micro co-founder charged in AI chip smuggling
New York, USA — Reporting from The Associated Press, Radio New Zealand, Tom’s Hardware, the U.S. Department of Justice, Taipei Times, and the Las Vegas Sun describes U.S. criminal charges…
3M Acquires Madison Fire & Rescue for $1.95B
ST. PAUL, Minn. — 3M has entered into a definitive agreement with Bain Capital to acquire Madison Fire & Rescue from Madison Industries for $1.95 billion, forming a new joint…
Oil Prices Surge Past $110 as Iran War Escalates Global Energy Crisis
DUBAI, United Arab Emirates — Oil prices have surged past $110 per barrel after Israeli strikes targeted Iran’s South Pars gas field, the world’s largest natural gas reserve, prompting Tehran…
Fed Holds Rates Amid Iran War
Washington, United States — The Federal Reserve held its benchmark interest rate steady at 3.5% to 3.75% and signaled it still expects to lower borrowing costs later this year, while…
Oil Prices Top $100 Amid Iran Conflict
DUBAI, United Arab Emirates — Global oil prices have surged past $100 per barrel as the conflict between Iran and U.S.-Israeli forces enters its third week, with attacks on key…
Exchanges seek rules for prediction markets
NEW YORK, United States — Executives at major U.S. exchanges are calling for clearer federal rules as prediction markets expand, saying consistent oversight is needed to protect investors and distinguish…
IEA Orders Record 400M Barrel Oil Release
PARIS, France — The International Energy Agency (IEA) has unanimously agreed to release a record 400 million barrels of emergency oil reserves to combat supply shocks and price surges triggered…