• China Calls for "Comprehensive Iran Ceasefire"
  • President Trump: The Latest Updates
  • CNN Founder Ted Turner Dead at 87
  • Russia Snubs Ukraine's Unilateral Ceasefire
  • Hungary Returns Seized $82 Million to Ukraine
Oil prices sink and US stocks reach another record

NEW YORK (AP) - Oil prices sank, and stock markets burst higher worldwide with hopes that a deal is nearing to allow tankers to deliver crude from the Persian Gulf again.  On Wall Street, the S&P 500 climbed 1.5% and reached another record. The Dow Jones Industrial Average added 1.2%, and the Nasdaq composite rose 2%.

Ted Turner's vision of news as global changed society itself

NEW YORK (AP) – When the Space Shuttle Challenger exploded in 1986, Beth Knobel, a future TV news correspondent, was in graduate school. Emerging from class, she saw TV sets had been set up in the lobby. They were tuned to CNN, the 24/7 news channel that Ted Turner had launched about five years earlier, which was carrying the launch live.

Poland warns Russia is moving from low-cost recruits to professional sabotage cells

WARSAW, Poland (AP) – Russia is shifting from individual recruits to ‘professional’ networks to carry out a campaign of sabotage and other attacks across Europe, Poland’s internal security service said in a report published Wednesday. European officials and law enforcement have previously warned that Russia is waging a hybrid war against Europe.

CNN founder Ted Turner, outspoken television pioneer, has died at age 87

NEW YORK (AP) – Ted Turner, the brash and outspoken television pioneer who created a media empire and transformed the news business by creating CNN and introducing the 24-hour cable news cycle, died Wednesday. He was 87.

DoorDash to spend $50 million on gas price relief for its drivers

DoorDash said Wednesday it expects to spend more than $50 million in the second quarter on gas price relief for its delivery drivers.

Shipping firms are being whipsawed by changing stances and risks

NEW YORK (AP) – With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war.

China stepping up Iran war diplomacy ahead of Trump's summit

HONG KONG (AP) – China’s diplomatic role in the Iran war has come into sharper focus following talks between Chinese and Iranian foreign ministers on Wednesday, days before U.S. President Donald Trump is expected to meet his Chinese counterpart Xi Jinping.

Trump threatens bombing if Iran doesn't reopen strait

U.S. President Donald Trump posted on social media Wednesday that the war with Iran could soon end and oil and natural gas shipments could restart, if Iran accepts a reported agreement that he did not detail.

Russia snubs Ukraine's unilateral ceasefire and fires dozens of drones

KYIV, Ukraine (AP) – Russia fired dozens of drones at Ukraine in nighttime attacks, Ukrainian officials said Wednesday, disregarding a unilateral ceasefire announced by Kyiv that began at midnight. The Russian Defense Ministry claimed that Ukraine hadn’t abided by its own ceasefire.

YEREVAN, Armenia (AP) – European leaders on Monday said President Donald Trump’s surprise decision to pull thousands of U.S. troops out of Germany is just the latest signal that Europe must take more responsibility for its security.