BEIJING (AP) – China said Saturday it firmly opposed the U.S. adding several prominent Chinese businesses to its list of military companies, and that the move ignored the consensus reached during U.S. President Donald Trump’s summit with Chinese leader Xi Jinping last month.

NEW YORK (AP) – Shares of SpaceX soared 23% in their Wall Street debut on Friday, making the rocket maker’s CEO Elon Musk the first-ever trillionaire. The shares opened at $150 and kept rising, reaching $166.90 around 12:.20 p.m. ET. That price gave the company a market value of $2.18 trillion.

Excerpts from recent editorials in the United States and abroad:

An investigation by the U.S. Justice Department into Paramount Skydance’s proposed acquisition of Warner Bros. Discovery has determined that the mammoth Hollywood media merger is not likely to harm competition in the industry or be harmful for consumers.

DUBAI, United Arab Emirates (AP) – Iran ‘s stranglehold on the Strait of Hormuz may be easing – and its own oil problems now seem to be mounting. The crucial strait at the mouth of the Persian Gulf, through which a fifth of the world’s oil and natural gas supplies once passed, has been effectively shut by Iran’s attacks on shipping since the start of the war in February.

Renewable energy groups are suing the U.S. military because they say national security reviews for new wind farms on private land have been effectively frozen for months. The groups say this logjam jeopardizes $47 billion in investments and thousands of jobs in 21 states.

NEW YORK (AP) – A federal appeals court has upheld the conviction of cryptocurrency entrepreneur and FTX co-founder Sam Bankman-Fried, finding that the 2023 trial that led to his 25-year prison sentence was not unfair.

NAIROBI, Kenya (AP) – The war in Iran is driving up jet fuel prices and worsening supply strains for African airlines, forcing carriers to review routes and raising fresh concerns about the stability of the continent’s aviation network.