European ministers call for a tax on energy company windfall profits as Iran war drives price surge
Driven largely by higher oil prices, the annual inflation rate in the 21 countries that use the euro rose to 2.5% in March, from 1.9% in February.
Apple at 50: The iPhone maker ‘blew a 5-year lead’ on AI, but former insiders say it can still win
In dominating consumer devices, Apple sold users on the promise of privacy. To compete in AI, it may have to pivot.
India makes first Iranian oil purchase in seven years with no payment problems
The world’s third-biggest oil importer and consumer, India has not received a cargo from Tehran since May 2019.
Justice Alito fell ill at a March event and was treated for dehydration, Supreme Court says
Alito’s illness did not require an overnight hospital stay and he was back on the bench the following Monday, spokeswoman Patricia McCabe said in a statement.
Lucid misses first-quarter vehicle delivery estimates on supplier disruptions
Lucid produced 5,500 vehicles and delivered 3,093 in the quarter ended March 31. Analysts had expected it produce 5,967 vehicles and deliver 5,237 vehicles.
Debris from aerial interception strikes Oracle building in Dubai, UAE says
The damage to Oracle’s building comes after Iran warned it would target U.S. tech companies operating in the Middle East.
OpenAI’s Fidji Simo takes medical leave, announces leadership changes
OpenAI President Greg Brockman will oversee product in Simo’s absence.
U.S. judge upholds block on subpoenas to Fed’s Powell, teeing up likely appeal
A U.S. judge upheld block on subpoenas to Fed’s Powell, teeing up a likely appeal.
U.S. fighter jet downed in Iran, search is on for crew, official says
It is unclear if the plane was shot down or went down for another reason.
The cost to fly private is up as much as 20% with fuel prices soaring
Deep-pocketed travelers are less likely to get priced out as airfares rise, but they have to navigate unexpected fees related to the Iran war and rising fuel costs.