US inflation jumps to 3.8% as energy costs surge from Iran war - BBC
ShareSaveAdd as preferred on GoogleArchie MitchellBusiness reporterGetty ImagesUS prices rose in April at their fastest rate since May 2023 as the impact of the war in Iran was increasingly felt by consumers. A jump in the cost of gasoline and groceries pushed the consumer price index (CPI), showing the rate prices rose by in the past 12 months, to 3.8%.
Oil prices ease as US seeks reopening of the Hormuz Strait - BBC
ShareSaveAdd as preferred on GoogleOsmond ChiaandMitchell Labiak,Business reportersGetty ImagesOil prices have dropped and global stock markets have risen following reports that the US and Iran are close to a deal to end the war. Brent crude futures, the global benchmark oil price, fell to $97 (£73) a barrel after the reports before rebounding to over $101.
Meta threatens to pull Facebook and Instagram from New Mexico over child safety trial requirements - Fox Business
Tech giant Meta is threatening to cut off access to its social media platforms in New Mexico as a response to the state's legal effort to compel changes to child safety protocols on the platform. Meta and the state of New Mexico are expected to proceed to the second stage of their trial next week after a jury recently issued a $375 million award to the state after finding that the company misled consumers about the safety of its platforms and protections for children against sexual predators.
CEO-ul American Airlines discută strategiile de fuziune cu United, Alaska și Spirit
În cadrul întâlnirii interne trimestriale 'Starea Companiei', CEO-ul American Airlines, Robert Isom, a abordat posibilele fuziuni cu United Airlines, Alaska Airlines și Spirit. Conform viewfromthewing.com, fuziunea cu United este exclusă, iar compania își va concentra eforturile pe aprofundarea parteneriatului cu Alaska, fără a lua în considerare achiziționarea Spirit datorită incompatibilității.