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Wall Street rallies to the edge of its all-time high as oil prices ease

AP News NEW YORK (AP) — U.S. stocks rallied to the edge of their all-time high and crude oil prices eased as hopes climbed that the United States and Iran may try again on talks to end their war. The S&P 500 rose 1.2% Tuesday, bringing the index within 0.2% of its record set in January. The Dow gained 0.7%, and the Nasdaq composite climbed 2%. If talks succeed and the war ends up being only a temporary setback for the global economy, investors can turn their attention back to the rising profits for companies that had markets worldwide doing well before the fighting began.

THIS IS A...
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The Latest: Trump hints at new Iran talks as Hormuz standoff intensifies

AP News The U.S. military claimed Tuesday that it has successfully begun to enforce a blockade of Iranian ports, as the standoff between the U.S. and Iran deepens. Tehran threatened to strike targets across the region, a day after Trump warned on social media that any Iranian warships nearing the blockade would be destroyed in a “quick and brutal” strike.

With Pakistan racing to bring the sides together for more talks, U.S. President Donald Trump said Tuesday that a second round “could be happening over the next two days.” The first round ended without an agreement on Iran’s...
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Ben & Jerry's co-founder wants the company to be independent once more

AP News BURLINGTON, Vt. (AP) — As Ben & Jerry’s celebrated its annual Free Cone Day on Tuesday, one of the brand’s co-founders was focused on a different sort of freedom.

On the corner where his first ice cream shop opened in 1978 — and where the first Free Cone Day was held a year later — Ben Cohen called on Ben & Jerry’s owner The Magnum Ice Cream Co. to sell the brand. Cohen said Magnum is stifling Ben & Jerry's social activism and he wants to see the brand sold to a group of socially-minded investors.

“Magnum prevented Ben & Jerry’s from putting out a post...
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Super Typhoon Sinlaku pounds remote US islands in the Pacific Ocean with ferocious winds

AP News A super typhoon steadily battered a pair of remote U.S. islands in the Pacific Ocean with ferocious winds and relentless rains, shredding tin roofs and forcing residents to take cover from flying tree limbs.

Super Typhoon Sinlaku pounded the Northern Mariana Islands for hours before daybreak Wednesday, slowing just to inflict more damage across the islands of Tinian and Saipan, home to nearly 50,000 people.

“I’m guessing anything that was made of wood and tin did not survive this,” said Glen Hunter, who grew up on Saipan and watched at least three tin roofs fly...
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Ex-Michigan coach Sherrone Moore gets probation for misdemeanors that followed his firing

AP News ANN ARBOR, Mich. (AP) — Former Michigan football coach Sherrone Moore was placed on probation Tuesday for 18 months for a confrontation with his executive assistant soon after he was fired for having an inappropriate relationship with her.

Moore was facing a possible sentence of up to six months in jail after pleading no contest to trespassing and malicious use of a telecom device. But Judge J. Cedric Simpson ordered no time in custody.

He said jail wasn't warranted, though he warned Moore that “all bets are off” if he violates probation.

Moore, 40, was...
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Top Stories

  • Wall Street rallies to the edge of its all-time high as oil prices ease
  • Ex-Michigan coach Sherrone Moore gets probation for misdemeanors that followed his firing
  • NFL reporter Dianna Russini resigns from The Athletic after photos published of her with Mike Vrabel
  • The Kennedy Center wants to show that the building really needs a renovation
  • Lebanon and Israel hold first direct diplomatic talks in decades in Washington
  • 7-Eleven expects to close hundreds of its stores in North America this year
  • California woman says she was raped by Rep. Eric Swalwell in 2018
  • The Latest: Israel and Lebanon hold rare talks as US-Iran standoff deepens
  • Diplomats try to arrange second round of US-Iran talks during first full day of American blockade
  • Harvey Weinstein is going on trial again in a New York rape case

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Entertainment

  • Pittsburgh Post-Gazette announces it has found a buyer to keep the newspaper open
  • The Kennedy Center wants to show that the building really needs a renovation
  • Warner Bros. to take the stage at CinemaCon as filmmakers oppose Paramount acquisition
  • Harvey Weinstein is going on trial again in a New York rape case

Sports

  • Ex-Michigan coach Sherrone Moore gets probation for misdemeanors that followed his firing
  • NFL reporter Dianna Russini resigns from The Athletic after photos published of her with Mike Vrabel
  • Money and tech have closed the gap between NCAA baseball and MLB. That's good news for coaches
  • Javier Mascherano is out as Inter Miami's coach, only 4 months after leading team to MLS Cup title
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