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Soaring oil prices ease and markets rise as Big Tech sends mixed signals
Oil futures fell early Thursday while Wall Street rose even as stalled U.S.-Iran talks raised doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war.U.S. markets ticked higher before the bell with some of the country's biggest technology companies posting first quarter earns this week.
Futures for the S&P 500 rose 0.4% before the opening bell, while futures for the Dow Jones Industrial Average rose 0.6%. Nasdaq futures gained 0.5%.
Brent crude to be delivered in June slid $1.93 overnight to $108.51 per barrel. That remains... Read More
Hegseth faces a second day of lawmakers grilling him over the Iran war
WASHINGTON (AP) — Defense Secretary Pete Hegseth will face another day of grilling on Capitol Hill, with senators getting their first opportunity on Thursday to confront or praise the Pentagon chief over his handling of the Iran war.Hegseth battled with Democrats — and some Republicans — a day earlier during a nearly six-hour House Armed Services Committee hearing, at which he faced sharp questioning over the war's costs in dollars, lives and the diminishing stockpiles of critical weapons.
The Senate Armed Services Committee will hear a similar presentation on... Read More
Iran's supreme leader says Tehran will protect its nuclear and missile capabilities
DUBAI, United Arab Emirates (AP) — Iran's supreme leader said Thursday that the Islamic Republic will protect its “nuclear and missile capabilities” as a national asset, likely seeking to draw a hard line as U.S. President Donald Trump seeks a wider deal to cement the shaky ceasefire now holding in the war.Ayatollah Mojtaba Khamenei, speaking in a written statement read by a state television anchor as he has since taking over as Iran's supreme leader, struck a defiant tone, insisting the only place Americans belonged in the Persian Gulf is “at the bottom of its waters"... Read More
Union Pacific argues for its $85B acquisition of Norfolk Southern in new railroad merger application
OMAHA, Neb. (AP) — Union Pacific hopes the new application it filed Thursday will be enough to persuade regulators that its $85 billion acquisition of Norfolk Southern would be good for the country.The U.S. Surface Transportation Board rejected Union Pacific's initial application because regulators wanted more details about how the deal would affect the competitive balance between the five remaining major freight railroads and the impact on customers.
Union Pacific CEO Jim Vena said the new application makes an even stronger case for the benefits of the merger that... Read More
Activists say Israeli forces intercepted their Gaza aid flotilla near Crete, detaining crews
ATHENS, Greece (AP) — Activists on a flotilla of boats seeking to break Israel's naval blockade of Gaza said Thursday that Israel forces intercepted the vessels overnight, smashing engines and detaining some of those onboard while they were sailing in international waters near Greece, hundreds of miles (kilometers) from Gaza and Israel.The Global Sumud Flotilla set sail earlier this month from Barcelona. Organizers have said more than 70 boats and 1,000 people from around the world would be participating, with more vessels joining the original boats as the flotilla sailed east... Read More
Top Stories
- Soaring oil prices ease and markets rise as Big Tech sends mixed signals
- Hegseth faces a second day of lawmakers grilling him over the Iran war
- Iran's supreme leader says Tehran will protect its nuclear and missile capabilities
- The Black Caucus is the 'conscience of Congress.' Supreme Court ruling has it bracing for a big hit
- Supreme Court hollows out a landmark law that had protected minority voting rights for 6 decades
- UK vows to tackle antisemitism 'emergency' as police probe double stabbing attack
- Media organizations call on Israel to allow foreign reporters independent access to Gaza
- The first direct US-Venezuela commercial flight in 7 years is to land in Caracas
- Supreme Court weakens the Voting Rights Act and aids GOP efforts to control the House
- 10 current and former Mexican officials accused in US indictment of aiding drug trafficking
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Sports
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