NEW YORK (AP) – As the price of crude oil surpassed $110 a barrel Monday, reaching heights not seen since 2022, consumers were feeling the effects of the Iran war and its damage to worldwide energy production. Gasoline prices are climbing, and many people will find some of the most immediate economic pain at the pump.
All JetBlue flights were briefly grounded by the Federal Aviation Administration early Tuesday at the request of the airline as it dealt with a short system outage.
Anthropic is suing the Trump administration for what it calls an “unlawful campaign of retaliation” against the artificial intelligence company over its refusal to allow unrestricted military use of its technology. Anthropic asked federal courts on Monday to reverse the Pentagon’s decision last week to designate the artificial intelligence company a ” supply chain risk.”
DUBAI, United Arab Emirates (AP) – Oil prices surged and stock markets slid Monday after hard-line Ayatollah Mojtaba Khamenei was chosen to succeed his late father as Iran’s supreme leader. His appointment, and new strikes on regional oil infrastructure, signaled that Iran was digging in 10 days into the war launched by the United States and Israel.
Editorials from The Washington Post, The New York Times, The Guardian and others
Oil prices continued to soar on Monday as the Iran war intensified, threatening production and shipping in the Middle East and pummeling financial markets. The price for a barrel of Brent crude, the international standard, surged to as high $119.50 per barrel early in the day but later was trading above $101 per barrel, up 9%.
NEW YORK (AP) – Uber launched a feature Monday to allow both women riders and drivers across the U.S. to be matched with other women for trips, expanding a pilot program aimed at addressing concerns about the safety of its riding-hailing platform.
WASHINGTON (AP) – The Justice Department said Monday that it has tentatively settled its antitrust lawsuit against Ticketmaster and parent company Live Nation Entertainment, striking a deal to ultimately lower ticket prices for consumers and end an illegal monopoly over live events in America.
NEW YORK (AP) – Simon & Schuster has named a former Amazon.com executive, Greg Greeley, as its new CEO. The publisher announced Monday that Greeley’s appointment is effectively immediately. The 62-year-old Greeley succeeds Jonathan Karp, who announced last year that he was stepping down to head his own imprint at the company, Simon Six.
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