SpaceX is set to issue its first earnings report as a public company on Tuesday, offering a detailed look at how the rocket, satellite and AI provider is faring after its ballyhooed initial public offering in June. SpaceX shares have sputtered after initially soaring following the transaction, the largest IPO in U.S. history. The company’s…
Since the breakdown of the U.S.-Iran memorandum of understanding, ship crews around the Strait of Hormuz are unwilling to make the risky trip, Dimitris Maniatis, CEO of the Greek maritime risk management company Marisks, said Thursday. “Vessels that were trapped inside the Persian Gulf for a very long time, belonging to owners that were extremely…
More than 1,000 grand jury presentations are under review after federal prosecutors in Chicago were forced to dismiss charges in the “Broadview Six” case due to grand jury abuses and prosecutorial misconduct, the top federal prosecutor in the district said Wednesday. Speaking to the media in Washington, D.C., at an unrelated press conference, U.S. Attorney…
Global oil prices neared $100 a barrel on Thursday as the conflict in the Middle East escalated, with Iran-backed Houthi rebels in Yemen targeting shipping in the Red Sea. Brent crude, the international standard, reached $98.82 a barrel, up $4.75, or 5.05%, according to oilprice.com. West Texas Intermediate, the U.S. benchmark, hit $90.67 a barrel, up…
Andrew Bailey, FBI co-deputy director who was once widely viewed as a potential successor to FBI Director Kash Patel, is resigning, he announced Monday. His resignation takes effect Oct. 2, multiple sources said. In an email to agents Monday morning and a post on X about his resignation, Bailey cited family reasons. In an X…
Jo Ling Kent spoke exclusively with outgoing Apple CEO Tim Cook about a new manufacturing plant in Houston, what it means for jobs, and what he wants his legacy to be as he prepares to step down as CEO. Source link
Icelanders have rejected plans to resume negotiations to join the European Union more than a decade after previous talks stalled, the national broadcaster reported Sunday. In a vote held Saturday, 52.8 percent of Icelanders rejected the resumption of EU entry talks suspended 13 years ago, while 47.2 percent voted ‘Yes’, according to the official tally…
Washington — Another deadline to fund the government is looming this fall in Congress, with members fresh off a series of shutdown fights that have left them eager to avoid another costly impasse ahead of the midterm elections. But as lawmakers warn about the coming funding cliff, they have yet to agree on a path…
Washington — The House on Thursday voted to direct President Trump to end the war with Iran, with four Republicans joining Democrats to rebuke the president over his handling of the conflict as fighting ramps up. The chamber voted 214 to 208 to adopt a war powers resolution introduced by Democratic Rep. Pramila Jayapal of Washington. It…
10m ago Strait of Hormuz traffic falls to one-week low The number of vessels tracked transiting the Strait of Hormuz fell to a one-week low of eight, according to data reported by the Reuters news agency, as the ongoing conflict and stalemate kept shipping companies away from the vital waterway. Tuesday’s tally of eight…
