Japanese automaker Nissan reduces losses and expects return to profit

TOKYO (AP) – Japanese automaker Nissan said Wednesday it reduced losses for the fiscal year through March, but remained in the red, battered by U.S. tariffs, inflation and intensifying competition.

Some Japanese snack packages are turning black-and-white as Iran war depletes ink supply

TOKYO (AP) – The packaging on some snacks in Japan is turning a somber black-and-white, as the war in Iran disrupts the supply of an ingredient used in colored ink.

Price shocks from the Iran war power solar sales in energy-hungry Asia

MANILA, Philippines (AP) – Soaring costs for fuel due to the Iran war are leading panicked consumers in hard-hit Asia toward rooftop solar power, a likely windfall for China as the world’s largest provider of solar technology.

Editorials from The Washington Post, The New York Times, Wall Street Journal and others

Excerpts from recent editorials in the United States and abroad:

Malaysia says Iranian oil transfers near its waters exploit a maritime loophole

KUALA LUMPUR, Malaysia (AP) – Malaysia ‘s maritime agency says Iranian-linked tankers are exploiting “jurisdictional gaps” to conduct ship-to-ship transfers of sanctioned oil near its waters, rejecting allegations that authorities ignored a long-running trade allowing Iran to evade U.S. sanctions.

US Inflation surged 3.8% last month as Iran War pushes gasoline prices higher

WASHINGTON (AP) – US consumer prices climbed a sharp 3.8% last month as the 10-week war with Iran continues to push gasoline prices higher. The Labor Department's consumer price index rose 3.8% from April 2025, the biggest jump in three years, and up from a 3.3% year-over-year gain in March.

OpenAI chief Sam Altman makes a high-stakes appearance in court

OAKLAND, Calif. (AP) – OpenAI CEO Sam Altman began testifying Tuesday in his feud with Elon Musk, taking the stand to defend himself at a trial that has featured disparaging commentary about his leadership at a pivotal time for the ChatGPT maker.

eBay rejects GameStop's $56 billion takeover offer

Online seller eBay is rejecting an unsolicited $56 billion takeover offer from GameStop, calling the proposal “neither credible or attractive.” Ryan Cohen’s GameStop disclosed earlier this month that it was pursuing a takeover of eBay, seeing it as a vehicle to compete with online retail giant Amazon.

Shipping industry fears fuel shortages as Iran war squeezes bunker fuel supply

BANGKOK (AP) – Ship operators rely on a sludgelike substance known as bunker fuel to keep vessels running. The Iran war ‘s closure of the Strait of Hormuz has choked off the supply of this fuel that powers the global maritime industry and its largest refueling hub in Asia.