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Iran's president says nation 'will not bow' to pressure from US and Israel
Russia sits back as the Iran war escalates, expecting long-term gains
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NEW YORK (AP) - Oil shot to its highest price since 2023 after surging again because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street's worst week since October. The S&P 500 dropped 1.3% Friday. The Dow plunged as many as 945 points before finishing with a loss of roughly 450, and the Nasdaq sank 1.6%.
NEW YORK (AP) – Oil prices have soared in the week since the U.S. and Israel launched their war against Iran, but President Donald Trump on Saturday downplayed the idea of turning to America’s Strategic Petroleum Reserve to ease the pressure.
TORONTO (AP) – Canadian Prime Minister Mark Carney on Sunday called special elections for three districts that, if his party wins, would give the Liberals a majority government. The prime minister announced that votes will be cast on April 13 in the Toronto-area districts of Scarborough Southwest and University-Rosedale and in the Montreal-area riding of Terrebonne.
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.
NEW YORK (AP) – The parent company of Saks Fifth Avenue and Neiman Marcus is closing more department stores as it focuses on its most profitable businesses and trims debt during its Chapter 11 bankruptcy restructuring.
NEW YORK (AP) – The price of oil surged higher and showed no signs of halting its rapid climb a week after the U.S. and Israel launched major attacks on Iran that escalated into a war in the Middle East.
HONG KONG (AP) – A subsidiary of a Hong Kong-based company that has lost control of two critical ports on the Panama Canal said it is seeking $2 billion of compensation in damages from Panama over its “illegal” takeover of the ports.
Israel has struck southern Lebanon, Beirut and an oil storage facility in Tehran as the war in the Middle East keeps escalating, and Prime Minister Benjamin Netanyahu promised “many surprises” for the next phase of the conflict. Iran also hit a desalination plant in Bahrain. A U.S. airstrike damaged an Iranian desalination plant on Qeshm Island.
MOSCOW (AP) – As U.S. and Israeli missiles and bombs rain on Iran, Russia has responded with words of indignation but no visible action to support its Middle Eastern ally. That cautious stance is driven by President Vladimir Putin’s focus on Ukraine and his apparent hope that the Iran war will play into Moscow’s hands by boosting its oil revenues.
DORAL, Fla. (AP) – President Donald Trump said Saturday that it was inconsequential if Russia has provided Iran with information to help Tehran target U.S. military personnel and assets in the Middle East as the week-old war rages. The president dismissed the import of such information-sharing.
Israel has struck southern Lebanon, Beirut and an oil storage facility in Tehran as the war in the Middle East keeps escalating, and Prime Minister Benjamin Netanyahu promised “many surprises” for the next phase of the conflict. Iran also hit a desalination plant in Bahrain. A U.S. airstrike damaged an Iranian desalination plant on Qeshm Island.
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