Author: Editor-In-Chief
NEW YORK (AP) — Oil prices spiked again Thursday because of the war with the United States. Irantightening its grip on the global economy and causing stock markets around the world to fall. Brent crude oil, the international standard, briefly exceeded $119 per barrel in the morning, but has since fallen to $110.80, but is still up 3.2% from the previous day. A barrel of benchmark U.S. crude oil rose 0.7% to $96.09. Iran steps up attacks on oil and gas facilities around the Persian Gulf in response to Israeli attacks on key areas. Iranian natural gas field. The attack…
melbourne, australia AP — A fluffy possum stands out among the crowded shelves of stuffed native animals in an Australian airport gift shop. Its big brown eyes were moving. A passenger browsing a display shelf in a departure terminal store at Tasmania’s Hobart Airport first spotted a live Australian brushtail possum peeking out among the kangaroos, airport retail manager Liam Bloomfield announced on Thursday. Above the possum were a bilby, a marsupial with long rabbit-like ears, and a dingo, a native Australian dog. Next to the possum in the kangaroo section was the Tasmanian devil, the growling carnivore that was…
England captain Nat Silver-Brant has returned home for family reasons and will miss the remainder of the team’s intra-team series in South Africa.The ECB said on Thursday that it did not expect her to play any further role on the tour. The trip comes in preparation for this summer’s Women’s T20 World Cup, which moved from Abu Dhabi to South Africa amid conflict in the Middle East. Shiver-Brunt led Team Bulletin, coached by John J. J. Lewis, against Team Hayhoe Flint, coached by Luke Williams and led by vice-captain Charlie Dean. Use Chrome Browser for a more accessible video player…
All the positive economic talk from this week’s Federal Reserve meeting is hurting investors, who are now discounting hopes of even one rate cut this year.Fed Chairman Jerome Powell expressed optimism at a post-meeting press conference, despite net job growth being “zero” and inflation above the central bank’s 2% target. Powell said economic growth was “robust” and rejected the idea that stagflation was here to stay.The Federal Open Market Committee’s statement cited “uncertainties” surrounding the Iran war, but Powell did not address this directly. Investors were taking a dim view of the prospects for monetary easing as fighting in the…
Check out the companies that made the biggest moves midday: Williams-Sonoma — The housewares and furniture company rose 6% after better-than-expected earnings. Williams-Sonoma earned $3.04 per share, beating LSEG’s estimate of $2.90 per share. The company also raised its quarterly dividend by 15%. nVent Electric — maker of electronic cabinets and cooling systems, shares rose more than 4%. NVent raised its three-year growth targets, calling for an increase in adjusted operating margin of approximately 22% from 20% and average annual growth in adjusted earnings per share from 17% to 20%. CEO Beth Wozniak said the company is “off to a…
The Rivian R2 will be on display during the 2025 Los Angeles Auto Show at the Los Angeles Convention Center on November 23, 2025 in Los Angeles, California. Josh Lefkowitz Getty ImagesUber Technologies Plans to invest up to $1.25 billion in electric car maker Rivian Automotive The companies announced Thursday as part of a deal to deploy up to 50,000 robotaxis across multiple countries by 2031.The partnership includes an expectation that Uber or its fleet partners will purchase 10,000 self-driving versions of Rivian’s next R2 electric vehicle, with an option to purchase up to 40,000 more robotaxis starting in 2030,…
Iran’s strangulation in the Strait of Hormuz has sparked global concerns that fuel pumps will run dry, but it has also caused discomfort in the mouths of some restaurateurs and street vendors in India, with samosas disappearing from menus and the ubiquitous chai in some parts of the country missing its usual aroma. The world’s fastest-growing major economy imports about 85% of its liquefied petroleum gas (LPG) from the Middle East, much of it used to cook food for its 1.4 billion people. With supplies affected by the U.S.-Israel war with Iran, the government has begun diverting precious fuel away…
McLaren boss Andrea Stella said Lando Norris and Oscar Piastri were going through a “tough time” following the team’s difficult start to the season, but said he was confident the drivers were ready to bounce back from their early setbacks in 2026.The two-time constructors’ champion’s title defense got off to a disappointing start, with world champion Norris finishing fifth in the opening race in Australia, the only race result of a record four wins so far. Oscar Piastri crashed before the race at his home turf in Australia, while both McLaren drivers failed to start in China last weekend due…
Amazon is bringing its new AI-powered conversational assistant Alexa+ to the UK. The UK is the first country outside of North America to introduce AI assistants. The company is currently letting users in the UK try Alexa+ for free through its early access program. Users who purchase a new Amazon Echo will receive an invitation to the early access program, and the company says it plans to make Alexa+ available to “hundreds of thousands” of customers in the coming weeks. Once the early access program ends, Prime subscribers will be able to use Alexa+ for free, while non-Prime users will…
A sign outside Johnson & Johnson’s offices on Friday, October 10, 2025, in Irvine, California, USA.Kyle Grillot | Bloomberg | Getty Imagesjohnson & johnson The U.S. Food and Drug Administration on Wednesday announced it has approved a once-daily psoriasis treatment, the first oral option to rival the best-selling injectable drug. The FDA has approved a pill called Icotide to treat moderate to severe plaque psoriasis, an autoimmune disease that causes skin irritation. Patients usually begin treatment with topical medications. If these don’t work, move on to pills or shots. J&J believes Icotide will become a first-line systematic treatment between topical…