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NEW YORK (AP) - Another climb for oil prices shook stock markets on Friday, as hopes collapsed for a possible cut to interest rates this year by the Federal Reserve. The S&P 500 fell 1.5% to close its fourth straight losing week, its longest such streak in a year. The Dow Jones Industrial Average dropped 443 points, or 1%, and the Nasdaq composite tumbled 2%.
On one of the holiest days on the Islamic calendar, Iran fired on Israel and energy sites in neighboring Gulf Arab states, insisting that it can still build missiles and issuing a new threat: to deny safety to its enemies in “parks, recreational areas and tourist destinations” worldwide. Israel meanwhile pounded Tehran with airstrikes as Iranians marked Nowruz, the Persian New Year.
NEW YORK (AP) – CBS News said Friday it is shutting down its storied radio news service after nearly 100 years of operation as part of a round of layoffs, blaming a shift in radio station programming strategies and challenging economic times.
VERONA, Italy (AP) – The Milan Cortina Olympics ended Sunday with a closing ceremony paying tribute to Italian dance and music inside the ancient Verona Arena, roughly mid-distance between the far-flung mountain, valley and city venues that made these the most spread-out Winter Games in Olympic history.
MILAN (AP) – The United States is on top of the hockey world for the first time in nearly a half-century. No miracle needed.
LIVIGNO, Italy (AP) – By taking chances, Eileen Gu is building a sport. She’s winning medals. Yet on a sunny Sunday at the Olympics where she defended her title on the halfpipe, maybe the best prize of all was knowing her grandma would be proud.
SAN FRANCISCO (AP) – A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud allegations, finding that he did not “scheme” to mislead investors.
NEW YORK (AP) – CBS News said Friday it is shutting down its storied radio news service after nearly 100 years of operation as part of a round of layoffs, blaming a shift in radio station programming strategies and challenging economic times.
NASHVILLE, Tenn. (AP) – Three teenagers in Tennessee sued Elon Musk’s xAI this week, claiming the company’s image-generation tools were used to morph real photos of them into explicitly sexual images. Seeking to proceed under pseudonyms, they filed the lawsuit in California, where xAI – Musk’s artificial intelligence company – has its headquarters.
ATHENS, Greece (AP) – One after another, Israel has taken out Iran’s top leaders. First it was Supreme Leader Ayatollah Ali Khamenei, killed in the opening shots of the war. Now Ali Larijani, the secretary of Iran’s Supreme National Security Council who was considered one of the most powerful figures in the country, has also been killed.
DUBAI, United Arab Emirates (AP) – Iran threatened to target recreational and tourist sites worldwide and insisted it was still building missiles. Its supreme leader issued another defiant statement on Friday, nearly three weeks into U.S.-Israeli strikes that have killed a slew of Tehran’s top leaders and hammered its weapons and energy industries.
KYIV, Ukraine (AP) – Ukrainian officials are helping five countries in the Middle East and Gulf region counter attacks on their territory by Iranian drones, while the United States and European countries are among others who have requested support, Ukrainian President Volodymyr Zelenskyy said Friday.
WASHINGTON (AP) – President Donald Trump is facing perhaps the most daunting question of the war with Iran, one that could define his time in office: Will he put U.S. troops on the ground in Iran to secure some 970 pounds of enriched uranium that Tehran could potentially use to build nuclear weapons?
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