Deal to Reopen Hormuz Kicks Off Long Effort to Ease Energy Crisis
The pace of the recovery will depend on how confident companies are that the deal between the United States and Iran will hold and be extend…
Official News
Curated from top global sources
SpaceX’s Stock Rises on First Full Day of Trading
After notching big gains on its debut on Friday, the company’s shares jumped again on Monday.
Fox to Acquire Roku, Joining the Battle for the Living Room
The $22 billion deal will bolster Fox Corp.’s efforts to reach consumers on streaming platforms.
Global Markets Rally on Iran Peace Hopes
A framework agreement could be signed later this week, but details are scarce. Still, investors are cheering the potential breakthrough.
Shipping Firms, Awaiting Details, Are Cautious of U.S.-Iran Deal
Shipowners welcomed the agreement to reopen the Strait of Hormuz, but said they would need more security guarantees before resuming transits…
How China Can Move the Price of Oil Even by Not Buying
China is the world’s largest purchaser of oil. But three months after the war with Iran began, it cut its imports, cushioning the global m…
Hormuz Reopening Would Offer Relief for Asia, but Economic Scars Will Remain
For months, Asia has suffered a physical supply crunch that will likely drag on its economies long after the crucial waterway reopens.
Oil Prices Tumble After Trump Announces Deal With Iran
Oil prices fell and stocks gained on Sunday evening on the hope that a deal would allow more energy and other goods to flow through the Stra…
‘Disclosure Day’ Ends Spielberg’s Summer Box Office Drought
Steven Spielberg’s original science-fiction movie collected an estimated $44 million in North America, giving the director his first new-t…
Merger Cleared, David Ellison to Join Trump at U.F.C. Bout
A U.F.C. fight on President Trump’s birthday will now double as a capstone for Paramount’s successful effort to secure Justice Departmen…
How to Run a News Company in the Age of Polarization and A.I. Slop
Cesar Conde of NBCUniversal News thinks that the “pendulum will eventually swing back” to mainstream media brands.
Kash Patel Keeps Suing the Press
The F.B.I. director, following a strategy from President Trump, has filed six defamation lawsuits against news media companies and commentat…