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The whole town is “devastated,” Edelson told Ars. He recently visited Gebala in the hospital; the families suing have criticized Altman for failing to do the same. “She’s a fighter,” Edelson said. “Her mom is a fighter, but it is really hard.” Edelson’s team told Ars that the school has shut down and will soon be razed. In the meantime, students have been attending classes in makeshift trailers. Some students aren’t ready to go back to school. Mwansa’s little sister is too scared to return to the town because she feels unsafe. “What this town went through, it’s just unimaginable,”…
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered twice a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters.Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the FT Welcome back.Few markets have ever had swings quite like those seen recently in European wholesale power prices. When the sun is shining and the wind is blowing, these can be very low indeed. On Sunday, the price in Germany hit an extraordinary record of minus €413.88…
Facade of a Taco Bell Cantina restaurant in Danville, California, Jan. 8, 2026. Smith Collection | Gado | Archive Photos | Getty ImagesYum Brands on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by another strong quarter for Taco Bell.Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $1.50 adjusted vs. $1.38 expectedRevenue: $2.06 billion vs. $2.04 billion expectedYum reported first-quarter net income of $432 million, or $1.55 per share, up from $253 million, or 90 cents per share, a year earlier.Excluding charges related to its strategic…
Morgan Stanley upgrades ADNOC Gas on Strait of Hormuz reopening expectations Source link
Shares of Meta Platforms are recovering from a bruising stretch earlier this year, when investors shied away from the social media giant’s massive investment in artificial intelligence. Wednesday’s earnings will determine whether that rebound will continue. The stakes are high: Meta is in the midst of one of the most aggressive AI buildouts of all the megacaps. In recent weeks, the Facebook and Instagram parent laid out investments spanning cloud infrastructure and custom chips and inked massive compute commitments — all part of the company’s plan to spend as much as $169 billion this year, most of which will go…
Europe is urgently turning to alternative suppliers of jet fuel as imports from the Middle East remain knocked out — but the continent must “fight for every cargo” in what analysts have dubbed a “global stress test” for the airline industry.The loss of Middle Eastern jet fuel because of the Iran war is quickly becoming an acute logistics problem for Europe, according to analysts at Societe Generale.The continent’s average daily demand of about 1.6 million barrels of jet fuel a day is typically met primarily through domestic production, at 1.1 million barrels per day.But the additional 500,000 barrels is met…
Oil tankers and gas tankers were affected by the closure of the Strait of Hormuz, leading to a global energy crisis stemming from the war in the Middle East.Photos For You | Moment | Getty ImagesOil prices advanced again on Wednesday as traders balanced the United Arab Emirates’ shock departure from OPEC with indications that a near-term conclusion to the Iran war is unlikely. International benchmark Brent crude futures with June delivery traded 3% higher at $114.64 per barrel at 6:00 a.m. ET, extending gains after notching its seventh consecutive positive session on Tuesday.U.S. West Texas Intermediate futures with June…
Investing.com — shares jumped 16.98% following the company’s first quarter results and second quarter revenue guidance that came in 5% above Wall Street expectations. The semiconductor maker delivered a solid first quarter report and provided stronger-than-expected guidance for the current quarter, sending shares higher. According to Barclays analysts, the company addressed two key investor concerns with this quarter’s results. “Both Auto and Industrial guided above seasonal for Q2, while channel weeks remain flat,” the analysts noted. “Utilization is expected to rise from low 80s% in the 1H to mid 80s% in the 2H. DC sales, which comprised 2% of 2025…
When Super Cruise debuted in the Cadillac CT6 in 2017, it showed there was a responsible way to give drivers a hands-free assistance system. Unlike Tesla, General Motors geofenced the system to only work on restricted-access highways that had been lidar-scanned and HD-mapped ahead of time. What’s more, it added a driver-facing infrared camera to track their gaze and ensure their eyes remain on the road ahead for the system to stay active. After starting out in the Cadillac flagship sedan, GM began adding Super Cruise to more and more of its models, and the system has just passed a…
U.S. President Donald Trump speaks to the media, before boarding Air Force One on his way to Virginia, at Joint Base Andrews in Maryland, U.S., April 10, 2026.Evelyn Hockstein | ReutersU.S. President Donald Trump threatened Iran in a Truth Social post on Wednesday morning, saying the country “better get smart soon!””Iran can’t get their act together. They don’t know how to sign a nonnuclear deal. They better get smart soon!,” Trump posted on the social media platform Truth Social shortly after 4 a.m. ET on Wednesday.The post was accompanied by an AI-generated picture of Trump holding a gun with explosions…