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Tue, May 19, 2026 03:17 AM All times are UTC

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Amazon's "Transformer" Phone: Can It Succeed Where Fire Phone Failed?

Mar 21, 2026 01:24 am UTC| Business Technology

Amazon is quietly developing a new smartphone, codenamed Transformer, marking the companys return to mobile hardware more than a decade after its Fire Phone disaster. According to sources familiar with the initiative, the...

Judge Dismisses Sam Altman Sexual Abuse Lawsuit, But Sister Can Refile

Mar 21, 2026 01:15 am UTC| Business Technology Law

A federal judge has dismissed a sexual abuse lawsuit filed against OpenAI CEO Sam Altman by his sister Annie Altman, ruling that the claims were too old to pursue under current law. However, U.S. District Judge Zachary...

GE Vernova and Hitachi's $40 Billion SMR Investment Signals a New Era for U.S. Nuclear Energy

Mar 20, 2026 06:09 am UTC| Business

A major nuclear energy expansion is underway in the United States, as GE Vernova LLC (NYSE: GEV) and Japans Hitachi Ltd (TYO: 6501) announced plans to invest $40 billion in small modular reactors (SMRs) across Tennessee...

Virgin Australia Adjusts Fares Amid Rising Aviation Costs and Middle East Tensions

Mar 20, 2026 06:05 am UTC| Business

Virgin Australia is raising ticket prices in response to mounting cost pressures across the global aviation industry, which the airline says have been significantly worsened by the ongoing conflict in the Middle East. The...

J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures

Mar 20, 2026 06:04 am UTC| Economy Central Banks Business

J.P. Morgan has dramatically reversed its outlook on European monetary policy, now forecasting two European Central Bank rate hikes in April and July a stark departure from its earlier prediction of unchanged rates...

Xiaomi Shares Drop After SU7 Launch as Margin Concerns Weigh on Investors

Mar 20, 2026 06:01 am UTC| Business

Xiaomi shares tumbled on Friday as profit-taking kicked in following a strong pre-launch rally tied to the companys updated SU7 electric sedan. Hong Kong-listed shares of Xiaomi Corp (HK:1810) slid 6.9% to HK$33.80, making...

Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks

Mar 20, 2026 05:56 am UTC| Business Central Banks Economy

Goldman Sachs has revised its outlook for Bank of England interest rate cuts, now pushing expectations back to 2027 after the central bank held rates steady and flagged growing inflation concerns tied to the ongoing Middle...

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Economy

US Stock Futures Steady as Nvidia Earnings and Iran Tensions Keep Investors on Edge

U.S. stock futures traded mostly unchanged late Monday as investors remained cautious following a technology-driven pullback on Wall Street. Market sentiment stayed fragile as traders closely watched escalating tensions...

Oil Prices Drop as Trump Delays Iran Strike, Russia Sanctions Waiver Eases Supply Concerns

Oil prices declined during early Asian trading on Tuesday after U.S. President Donald Trump announced a delay in a planned military strike against Iran, signaling that diplomatic negotiations were still underway. The...

Gold Prices Climb as Trump Delays Iran Strike, Boosting Safe-Haven Demand

Gold prices edged higher during Asian trading on Tuesday after U.S. President Donald Trump announced that a planned military strike against Iran had been postponed while diplomatic negotiations continued. The development...

Australian Consumer Sentiment Improves Slightly as Fuel Prices Ease

Australias consumer sentiment showed a modest recovery in May as lower fuel prices offered temporary relief to households facing ongoing financial pressure. The Westpac-Melbourne Institute Consumer Sentiment Index...

Dollar Slips as Bond Market Stabilizes Amid Iran Tensions and Fed Rate Hike Expectations

The U.S. dollar weakened on Monday as the global bond market sell-off showed signs of slowing, while investors remained cautious over ongoing geopolitical tensions between the United States and Iran. The U.S. Dollar Index,...

Politics

Minnesota ICE Agent Charged in Venezuelan Immigrant Shooting During Trump Immigration Crackdown

Minnesota prosecutors have charged a U.S. Immigration and Customs Enforcement (ICE) agent in connection with the January shooting of a Venezuelan immigrant in Minneapolis during President Donald Trumps intensified...

Pentagon Watchdog Probes U.S. Caribbean Boat Strikes Amid Legality Concerns

The Pentagons internal watchdog has launched an investigation into whether U.S. military boat strikes in the Caribbean complied with official targeting procedures during operations tied to anti-crime and security missions,...

Alex Saab Faces U.S. Money Laundering Charges Over Venezuela Oil and Food Deals

Alex Saab, a Colombian-Venezuelan businessman closely linked to former Venezuelan President Nicolas Maduro, has been charged by the U.S. Department of Justice in a major money laundering case tied to Venezuelan government...

US Sanctions Target Cuban Officials and Intelligence Agency Amid Trump Pressure Campaign

The Trump administration has intensified its crackdown on Cuba by imposing new sanctions on 11 senior Cuban officials and the countrys main intelligence agency, escalating tensions between Washington and Havana. The latest...

Trump Signals Possible Iran Nuclear Deal as U.S. Delays Military Strike

President Donald Trump said there is a very good chance the United States and Iran could reach a new agreement aimed at preventing Tehran from developing a nuclear weapon. His comments came after reports that the U.S....

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Google, Blackstone Launch $5B AI Cloud Venture to Challenge Nvidia and CoreWeave

Alphabets Google and Blackstone are reportedly joining forces to launch a new artificial intelligence cloud company powered by Googles proprietary AI chips, according to a Wall Street Journal report published Monday. The...

OpenAI Wins Elon Musk Lawsuit as Jury Rejects Claims Over AI Mission

A U.S. jury has ruled that OpenAI is not liable in a lawsuit brought by Elon Musk, marking a major legal victory for the artificial intelligence company. The verdict was delivered Monday in a federal court in Oakland,...

Samsung, Union Edge Closer to Deal as Strike Threat Looms

Samsung Electronics and its South Korean labor union are reportedly making progress in negotiations aimed at preventing what could become the largest strike in the companys history. According to a report from Yonhap...

Anthropic to Brief Financial Stability Board on AI-Driven Cyber Risks

Artificial intelligence startup Anthropic is preparing to discuss potential cyber vulnerabilities in the global financial system linked to its latest AI model, Mythos, with members of the Financial Stability Board (FSB),...

TSMC Stake Sale Sends Vanguard Semiconductor Shares Lower

Shares of Vanguard International Semiconductor (TWO:5347) dropped sharply on Monday after Taiwan Semiconductor Manufacturing Company (TSMC) announced plans to reduce its ownership stake in the chipmaker. Vanguard shares...