U.S. airlines spent more than $6 billion on jet fuel in April, up 78% from a year earlier despite using slightly less fuel, government data released Monday showed. Meanwhile, the airline industry’s top global trade group warned that soaring energy costs could nearly halve profits in 2026.
WASHINGTON (AP) – The Pentagon has added several prominent Chinese businesses, including the tech giant Alibaba, electric car maker BYD and search engine Baidu, to its list of Chinese military companies, preventing them from getting U.S. defense contracts.
CUPERTINO, Calif. (AP) – Apple is expected to unveil new artificial intelligence features at its annual developers conference beginning Monday, which will be the last one featuring CEO Tim Cook before he turns his post over to John Ternus in September.
Excerpts from recent editorials in the United States and abroad:
WASHINGTON (AP) – It was perhaps a surprising private overture from OpenAI CEO Sam Altman to Sen. Bernie Sanders.
HAVANA (AP) – Cuba’s government said it is open to offering the management of its hotels to Cuban investors, both residents and those living abroad, following decisions by Spanish hotel chain Melia and other companies to withdraw or limit their operations on the island.
HONG KONG (AP) – Chinese-made humanoid robots are making waves with their ability to do backflips, direct traffic, and even make coffee as the companies developing them seek ways to expand and dominate the market.
Some of the leading artificial intelligence companies are moving toward initial public offerings this year at eye-popping valuations. From Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to shape the technology’s future.
WASHINGTON (AP) – The American job market continues to show surprising strength – good news for President Donald Trump who has taken a beating in the polls over the surging gasoline prices that followed U.S. and Israeli attacks on Iran.