GameStop’s $56B eBay Bid Stuns Markets as CEO Signals Hostile Takeover
GameStop proposed on Sunday to buy eBay Inc for about $56 billion in a cash-and-stock deal, with CEO Ryan Cohen saying he was prepared to take the bid directly to shareholders should eBay’s board be unreceptive. GameStop – once a…
Markets Turn Cautious: US Futures Mixed Amid Rising Middle East Risks
U.S. stock index futures were mixed on Monday, pointing to a cautious start to the week as investors assessed the growing U.S.-Iran standoff over the Strait of Hormuz, the crucial oil shipping route that remains shut. While strong corporate earnings…
$3.7 Billion Fight: New Mexico Targets Meta Over Youth Harm, Demands Platform Overhaul
A trial is slated to begin in New Mexico on Monday that will test the state’s claims that Meta’s Facebook, Instagram and WhatsApp platforms harmed young users’ mental health and its bid for a court order forcing the company to…
Chicken Boom Lifts Tyson Foods Profit Past Estimates Despite Beef Losses
Tyson Foods reported better-than-expected quarterly earnings on Monday, as rising chicken sales helped counter a sharp drop in demand for high-priced beef. Protein-hungry consumers have shifted toward buying more affordable types of meat, such as chicken and pork, as beef…
Cruise Ship Hantavirus Outbreak Kills 3, WHO Urges Calm as Risk Remains Low
GENEVA – The World Health Organization said on Monday there was no need for panic and the risk to the public was low after three people died and three fell ill following a suspected outbreak of the rodent-borne hantavirus on…
US breach of commitments, blockade of ports main obstacles to ‘genuine negotiation’, Iranian president says
The U.S. breach of commitments and its blockade of Iranian ports and threats are the main obstacles to “genuine negotiations”, Iranian President Masoud Pezeshkian said on Wednesday. “[The] world sees your endless hypocritical rhetoric and contradiction between claims and actions,”…
‘Ketamine Queen’ Gets 15 Years in Matthew Perry Death Case That Shook Hollywood
LOS ANGELES – A drug dealer dubbed the “Ketamine Queen” was sentenced on Wednesday to 15 years in prison in connection with the fatal overdose of “Friends” star Matthew Perry, including her role in supplying the dose of the powerful…
Gaza Strike Kills Al Jazeera Journalist and 3 Others, Medics Report
CAIRO – Israeli airstrikes in the Gaza Strip killed four people on Wednesday, including an Al Jazeera journalist, local health authorities said and the Qatari television network reported. The strike that killed Al Jazeera’s Muhammad Washah targeted a vehicle he…
Trump Deploys Top Envoys to Pakistan for Iran Talks as Ceasefire Faces Test
WASHINGTON – U.S. President Donald Trump is dispatching his Iran negotiating team, led by Vice President JD Vance, to Pakistan, White House press secretary Karoline Leavitt said on Wednesday, adding that the first round of talks would take place on…
Trump Claims “100% Victory” After Iran Ceasefire—But Big Questions Remain
U.S. President Donald Trump told AFP on Tuesday that the United States had won a “total and complete victory” after agreeing to a two-week ceasefire deal with Iran. “Total and complete victory. 100 percent. No question about it,” Trump told…
Israel Agrees to Iran Strike Pause—But Warns Lebanon Fighting Will Go On
Israel supports U.S. President Donald Trump’s decision to suspend strikes against Iran for two weeks, but said the ceasefire does not include Lebanon, Prime Minister Benjamin Netanyahu’s office said on Wednesday. The office said Israel backed the U.S. move provided…
Israel Eyes Iran Energy Targets as It Waits for US Approval to Strike
Israel is preparing to attack Iranian energy facilities but is awaiting a green light from the United States, a senior Israeli defense official said on Saturday, adding that any such attacks would likely come within the next week. The comments…
AI Surge May Trigger Storage Chip Shortage
SAN JOSE, California – The same booming AI demand that has caused the chairman of South Korea’s SK Group to predict shortages of high-bandwidth memory chips could also cause tight supplies for storage drives, an executive from the South Korean…
Fuel Crisis Leaves Cuba Struggling for Basics
HAVANA – Residents across the Cuban capital hauled buckets and lined up for water from tanker trucks as a combination of fuel shortages and power grid instability left thousands of taps dry. State water utility Aguas de La Habana confirmed…
US Airports Could Close Over Funding Dispute
WASHINGTON- A senior Trump administration official said on Tuesday that if a government funding standoff continues, it may force the shutdown of some smaller airports in the coming weeks owing to a shortage of security personnel. The partial government shutdown,…
Trump: U.S. Doesn’t Need NATO Help in Iran War
President Donald Trump said on Tuesday that the U.S. had been informed by most of its NATO allies that they did not want to get involved with the country’s military operation in Iran. “Because of the fact that we have…
Humanitarian Alert: 36,000 Palestinians Displaced
BERLIN – More than 36,000 Palestinians in the West Bank were forcibly displaced over a year by Israeli settlement expansion and associated violence, the U.N. human rights office said on Tuesday. The United Nations said in a report covering 12…
Security Shift: Chad Takes Over Haiti Mission
SANTO DOMINGO – The U.N.-backed Gang Suppression Force – an international mobilization intended to help Haiti’s police fight powerful armed gangs in the Caribbean country – should fully deploy by October this year, Roberto Alvarez, foreign minister of the neighboring…
Resignation Rocks Washington Over Iran War Dispute
WASHINGTON – A top security official in U.S. President Donald Trump’s administration resigned over the war in Iran on Tuesday, saying the country had posed no imminent threat to the United States. Joe Kent, who headed the National Counterterrorism Center,…
Wall Street Futures Fall as Oil Fuels Inflation Fears
U.S. stock index futures slipped on Tuesday as the Middle East conflict pinned oil prices near $100 a barrel, fueling inflation concerns that will be a major point of discussion when the Federal Reserve kicks off its two-day meeting later…