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…
Oil prices surge on Iran war
NEW YORK, United States — Oil prices surged to their highest levels since 2022 as the Iran war intensified and markets priced in supply disruptions across the Middle East. The…
Oil prices surge past $100 as Iran war disrupts supply
WASHINGTON, D.C. — Oil prices have surged above $100 a barrel as the Iran war disrupts Middle East energy flows, according to Reuters, AP News, BBC, CNBC, CNN, The Guardian.…
FDA Vaccine Chief to Exit in April
WASHINGTON, D.C. — Dr. Vinay Prasad, the FDA’s top vaccines and biologics regulator, will leave the agency at the end of April, a move announced by FDA Commissioner Marty Makary.…