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NEW YORK (AP) - Wall Street ticked to more records Monday after bouncing back from losses. The S&P 500 tacked 0.2% onto its prior all-time high set on Friday. The Dow Jones Industrial Average recovered an early loss of nearly 500 points and added 86, or 0.2%, to its own record, while the Nasdaq composite gained 0.3%.
HONG KONG (AP) – A Hong Kong court heard arguments Monday about the sentencing of democracy advocate and onetime-media magnate Jimmy Lai, whose conviction under a national security law could land him in prison for the rest of his life. Lai founded the now-defunct Apple Daily newspaper and was an outspoken critic of China’s ruling Communist Party.
WASHINGTON (AP) – The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell appeared on Monday to be emboldening defenders of the U.S. central bank that President Donald Trump wants to bring under his sway. The backlash reflected the bigger stakes of a contest about the fate of the Fed’s independence.
NEW YORK (AP) – Paramount Skydance is taking another step in its hostile takeover bid of Warner Bros. Discovery, saying Monday that it will name its own slate of directors before the next shareholder meeting of the Hollywood studio.
Google parent Alphabet Inc. on Monday became the fourth Big Tech powerhouse to be valued at $4 trillion, a once seemingly unfathomable milestone that’s become more like a rite of passage amid an artificial intelligence arms race.
LAS VEGAS (AP) – Allegiant Air said it will acquire Sun Country Airlines in a cash-and-stock deal valued at about $1.5 billion, including debt, in a move combining two low-cost U.S. carriers focused on leisure travel.
DUBAI, United Arab Emirates (AP) – U.S. President Donald Trump said Iran wants to negotiate with Washington after his threat to strike the Islamic Republic over its crackdown on protesters in nationwide demonstrations that activists said Monday had left at least 599 people dead.
Democratic Sen. Mark Kelly of Arizona sued the Pentagon on Monday over attempts to punish him for his warnings about illegal orders. Kelly, a former Navy pilot, is seeking to block his censure from Defense Secretary Pete Hegseth last week. Hegseth announced last Monday that he censured Kelly over participation in a video that called on troops to resist unlawful orders.
UNITED NATIONS (AP) – The United States accused Russia on Monday of a “dangerous and inexplicable escalation” of its nearly four-year war in Ukraine at a time when the Trump administration is trying to advance negotiations toward peace.
LONDON (AP) – Britain is discussing with NATO allies how it can help beef up security in the Arctic to counter threats from Russia and China, a government minister said Sunday. Transport Secretary Heidi Alexander said the talks are “business as usual” rather than a response to recent threats by U.S. President Donald Trump to take over Greenland.
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