Today in History: May 2, Nelson Mandela claims election victory

Today is Saturday, May 2, the 122nd day of 2026. There are 243 days left in the year. Today in history: On May 2, 1994, Nelson Mandela claimed victory for the African National Congress after South Africa’s first democratic elections.

Trump flouts lower court rulings in unprecedented display of executive power

When a federal judge shot down a Trump administration policy of holding immigrants without bond last December, it seemed like a serious blow to the president’s mass deportation effort. Instead, a top Justice Department official insisted the ruling wasn’t binding, and the administration continued denying detainees around the country a chance for release.

Inflation jumps and gas soars but American's seemed to take it in stride

In the past week, many Americans remained laser focused on the economy, inflation and how those forces could impact their lives. But it is almost impossible not to notice that trips to the grocery store or gas station are more painful than they were last year.

US warns shipping firms over paying Iran to transit the Strait of Hormuz

BEIRUT (AP) – The United States is warning shipping companies they could face sanctions for paying Iran to pass safely through the Strait of Hormuz.

In the PR battle for AI data centers, tech giants got a blue-collar ally

HARRISBURG, Pa. (AP) – Building trades unions – long fashioned as the voice of the American worker – are now intertwined with the richest companies in the world as they create America’s artificial intelligence economy.

Crowd shrinks as Berkshire Hathaway's new CEO leads AGM

OMAHA, Neb. (AP) – The folksy wisdom and jokes that were a staple of the Berkshire Hathaway annual meeting for decades when Warren Buffett led the show was mostly replaced Saturday with detailed business discussions led by new CEO Greg Abel.

Israeli airstrikes kill 7 in southern Lebanon as a Catholic convent is bulldozed

BEIRUT (AP) – Israeli airstrikes on southern Lebanon killed at least seven people and wounded others on Saturday while the Israeli military demolished parts of a Catholic convent in a border village, officials said.

Taiwan's president lands in Eswatini in trip delayed by lack of overflight clearance

TAIPEI, Taiwan (AP) – Taiwan’s President Lai Ching-te said he arrived in the African nation of Eswatini on Saturday, days after his government was forced to push back the trip when several countries withdrew permission for him to fly over their territories reportedly over Chinese pressure.

Trump likes the idea of the government owning some US companies

WASHINGTON (AP) – President Donald Trump had no qualms about a government takeover of Spirit Airlines, so long as the terms could be portrayed as a financial victory in what would have been the latest addition to a taxpayer-backed conglomerate of business interests.