Shipping firms are being whipsawed by changing stances and risks

NEW YORK (AP) – With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen more than two months into the Iran war.

Ted Turner's vision of news as global changed society itself

NEW YORK (AP) – When the Space Shuttle Challenger exploded in 1986, Beth Knobel, a future TV news correspondent, was in graduate school. Emerging from class, she saw TV sets had been set up in the lobby. They were tuned to CNN, the 24/7 news channel that Ted Turner had launched about five years earlier, which was carrying the launch live.

An outrageous owner and savvy businessman, Ted Turner reshaped the sports world

ATLANTA (AP) – Ted Turner was a sportsman of all types, a world champion in sailing and a World Series-winning owner in baseball.

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

Excerpts from recent editorials in the United States and abroad:

Disney offsets fewer overseas visitors with streaming and strong spending at theme parks

Disney exceeded most expectations in the second quarter due to strength in its streaming service and strong spending at U.S. theme parks that offset weak international tourism.

Some iPhone owners could get $95 payment after Apple settlement

LONDON (AP) – Owners of some iPhones are in line to get cash payments of up to $95 from Apple after the company on Tuesday reached a $250 million settlement in a class-action lawsuit for false advertising of its artificial intelligence capabilities.

EU auditors sound alarm over billions in COVID recovery funds that can't be clearly traced

BRUSSELS (AP) – European auditors said Wednesday that they’re unable to clearly trace the way that billions of euros are being spent out of a massive fund helping European Union countries rebuild their economies from damage caused by the COVID-19 pandemic.

Why gasoline costs 52% more in US than before Iran war

NEW YORK (AP) – The price of a gallon of regular gasoline in the U.S. climbed 31 cents in the past week, spiking to an average of $4.54 per gallon Wednesday, a price 52% higher than before the war with Iran began, according to AAA data.

European fishing firms reflag ships to tap Indian Ocean tuna quotas

The European fishing fleet has long been a powerhouse at catching tuna, with a fleet of massive vessels known as purse seiners that can hold as much as 4 million pounds (1.8 million kilograms) of fish at a time. Dozens of them roam the Indian Ocean, fishing for skipjack, yellowfin and bigeye tuna destined for cans on grocery store shelves.