European Airlines Face Fuel Shortages Within Weeks
If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.
What the U.S. Blockade Means for Iran’s Economy
Putting a stop to Iranian shipping will further add to Iran’s economic pain, analysts said, but it might not be enough to force concessions or lessen the global energy crunch.
China’s G.D.P. Stronger Than Expected, Led by Infrastructure Spending
A steep slide in housing prices has left consumers less prosperous and less willing to spend, but the government is pouring money into new rail lines and other projects.
Sneaker Company Allbirds Plans to Pivot to A.I. Yes, A.I.
After selling its business for $39 million last month, the company said it planned to buy powerful computer chips and rebrand itself NewBird AI.
5 Takeaways From the Live Nation Antitrust Trial
A jury found that the concert giant operated as a monopoly, a verdict that could have major reverberations in the music industry.
U.K.’s Starmer Summons U.S. Social Media Companies Over Child Safety Online
The British prime minister will meet with executives from Meta, Google and other companies on Thursday as his government explores how to protect children from online harms.
Ford Says Doug Field, Who Led Company’s E.V. Push, is Leaving
Doug Field, a former Tesla and Apple executive, had returned to Ford Motor in 2021 to help develop new electric models and software.
Stocks Approach Record High as Wall St. Looks Beyond War
Investors appear to be treating an end to the U.S.-Israeli war with Iran as a foregone conclusion.
Trump’s Quest for More Sway Over Fed Faces Fresh Hurdles
Jerome H. Powell’s term as chair of the Federal Reserve ends on May 15, but it appears increasingly likely that he will stay on in some capacity at the central bank after that.
Jury Finds Live Nation Acts as a Monopoly in a Victory for States
The music industry colossus that includes Ticketmaster was found to have violated antitrust laws by using its dominance in the industry to stifle competition.