Oil prices set for swings next week as US-Israel strikes raise uncertainty

FRANKFURT, Germany (AP) – Oil markets currently closed for the weekend are set to see price swings next week as the impact from the U.S. and Israeli strikes on oil supplies from the Middle East remains unclear. Scenarios before the latest conflict with Iran foresaw a quick price spike that fades if the attacks didn’t affect oil shipping and infrastructure.

From box office bomb to media powerhouse: Skydance's 20-year rise

NEW YORK (AP) – In its debut film, Skydance Productions released a special effects-laden World War I drama about fighter pilots with a starring role for an unknown actor, the company’s founder, David Ellison.

Retail customers file lawsuits over tariffs against FedEx and Ray-Bans maker

NEW YORK (AP) – At least two retail customers pursuing tariff-related refunds have filed proposed class-action lawsuits in U.S. courts against companies that also sued to recoup costs from the import taxes the U.S. Supreme Court ruled President Donald Trump imposed without the legal authority to do so.

OpenAI gets $110 billon in funding from a trio of tech powerhouses, led by Amazon

ChatGPT maker OpenAI has received $110 billion in funding from Amazon, SoftBank and Nvidia, putting the technology company’s pre-money valuation at $730 billion. Amazon is leading the trio of tech heavyweights in commitments, putting up $50 billion, followed by $30 billion each from Nvidia and SoftBank, said OpenAI co-founder Sam Altman.

Trump orders all federal agencies to phase out Anthropic technology

WASHINGTON (AP) – A public showdown between the Trump administration and Anthropic is hitting an impasse as military officials demand the artificial intelligence company bend its ethical policies by Friday or risk damaging its business.

Block lays off 4,000 of its 10,000 staff, citing gains from AI

BANGKOK (AP) – Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000 of its 10,000 plus employees, reconfiguring to capitalize on its use of artificial intelligence.

Editorials from The Washington Post, New York Times, The Guardian and others

Excerpts from recent editorials in the United States and abroad:

Netflix walks away from Warner Bros deal, clearing the path for Paramount

NEW YORK (AP) – Netflix is walking away from its offer to buy Warner Bros. Discovery’s studio and streaming business, in a stunning move that effectively puts Paramount in a position to take over its storied Hollywood rival.

World Economic Forum head Børge Brende steps down over Epstein

GENEVA (AP) – World Economic Forum head Børge Brende said Thursday that he is stepping down after facing pressure over his contacts with the late sex offender Jeffrey Epstein. Brende, a former Norwegian foreign minister, said in a statement that he had decided “after careful consideration” to step down as president and chief executive of the forum.