WASHINGTON (AP) – Treasury Secretary Scott Bessent said Monday that the U.S. will give a 30-day extension for countries to import Russian oil that is already in tankers at sea, a move that is meant to reduce the oil supply shortages caused by the Iran war.
LONDON (AP) – In Paris, police deployed tear gas. In Milan, Italy, a fistfight erupted. In London, Singapore and New York, all-night queues snaked from the doors of Swatch stores – the latest examples of status-symbol “drop culture” to flash across the globe when status symbols and resale value collide.
President Donald Trump is set to make more medications available on his discounted-drug website TrumpRx on Monday, according to a White House official who spoke on condition of anonymity to preview the remarks.
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Days after Spirit Airlines shut down in the middle of the night, a lawyer for the defunct budget carrier stood before a bankruptcy judge and apologized to the price-conscious customers who might struggle to find affordable flights in its absence.
OMAHA, Neb. (AP) – Berkshire Hathaway more than tripled the size of its investment in Google’s parent company and bought over $2.6 billion worth of Delta Airlines stock as Greg Abel settled into the CEO job after taking over from Warren Buffett at the start of the year.
Aircraft manufacturer Boeing will make its first major sale to China in nearly a decade with an order for 200 planes, President Donald Trump told reporters Friday as he flew back from his summit with Chinese President Xi Jinping.
Starbucks said Friday it’s laying off 300 corporate employees and closing some U.S. offices as part of its ongoing turnaround. No coffeehouse employees are affected, the company said. The cuts will impact employees in support functions like marketing, human resources and supply chain management.
LONDON (AP) – Elon Musk’s social media platform X has pledged to crack down on hate and terrorist content in Britain, the country’s media regulator said Friday. Ofcom said X’s public commitments include restricting access in the U.K. to accounts operated by or on behalf of terrorist groups that the country has banned.