Author: Press Room

Latest warning comes as Iranian state media reports Tehran has presented new peace proposal to US.Published On 1 May 20261 May 2026The United States has warned that any shippers paying tolls or other fees to Iran for passage through the Strait of Hormuz risk being sanctioned.The warning on Friday comes as a US naval blockade of the strait continued for its third week, amid stalled US-Iran ceasefire talks. Iranian President Masoud Pezeshkian has called the ongoing siege on the country’s ports “intolerable”.Recommended Stories list of 3 itemsend of listIran’s influence over, and ability to effectively close, the Strait of Hormuz…

Check out the companies making the biggest moves premarket: Apple — Shares were up 3.5%. For the fiscal second quarter , Apple’s earnings came in at $2.01 per share, while revenue landed at $111.18 billion. This beat the earnings of $1.95 a share and $109.66 billion in revenue analysts were looking for, per LSEG. Still, the company’s iPhone sales missed estimates for the second time in three quarters. Roku — The streaming stock popped 7% after Roku posted first-quarter revenue of $1.25 billion, beating the expected $1.20 billion, per FactSet. The company’s $148.4 million adjusted EBITDA was also ahead of…

Avid Reader Press We may receive an affiliate commission from anything you buy from this article. Tom Coyne, the editor of The Golfer’s Journal, teed up for a challenge: taking over operations of a failing nine-hole community golf course in New York’s Catskill Mountains. He writes of his experience, and the tribulations that were par for the course, in “A Course Called Home: Adventures of an Accidental Golf Course Owner” (to be published May 5 by Avid Reader Press).Read an excerpt below, and don’t miss Lee Cowan’s interview with Tom Coyne on “CBS Sunday Morning” May 3!”A Course Called Home” by…

Spirit Airlines is making plans to cease operations as soon as Saturday, barring last minute intervention, CBS News has learned.  Negotiations over a $500 million government aid package remained stalled after bondholders balked at the terms.Trump administration officials have been told Spirit will be shutting down operations in the next 24 hours. There will be no last-minute administration effort regarding a bailout, according to sources familiar with the discussions.But when President Trump was asked about a bailout for Spirit Airlines Friday, he said, “Well, I guess we’re looking at it. If we can do it, we’ll do it but only…

NEWYou can now listen to Fox News articles! Twenty-five years after Washington intern Chandra Levy vanished, the high-profile case remains unsolved — and still haunted by questions about whether early missteps allowed a suspected killer to slip away.The case drew national attention in 2001, fueled by intense media coverage and scrutiny of Levy’s relationship with a sitting congressman. The prime suspect, however, turned out to be an illegal immigrant twice convicted of assaults on other women around the time of Levy’s suspected murder and in the same park, according to federal prosecutors.Ted Williams, a former Washington, D.C. homicide detective and…

The Royal Conservatory of Music (RCM) says it will launch an independent, third-party investigation following allegations of historical sexual abuse dating back decades. Survivors have recently come forward with accounts of abuse that allegedly occurred when they were children and young adults at the institution in the 1970s and 1980s, according to a statement Friday from the organization.The Toronto-based conservatory, founded in 1886, is known as one of the world’s leading music education and performance institutions.In a first-person essay published in the Toronto Star in February, music teacher Lusiana Lukman accused former RCM instructor Boris Berlin of sexually abusing her…

NEWYou can now listen to Fox News articles! The 152nd Kentucky Derby, the home of “The Most Exciting Two Minutes in Sports,” will take place on Saturday at the legendary Churchill Downs racetrack in Louisville, Kentucky.The first leg of the Triple Crown is traditionally held on the first Saturday in May. Twenty 3-year-old horses will compete for a $5 million purse, with the winner of the 1¼-mile race taking home $3.1 million.Three horses have already been scratched from this year’s race. Silent Tactic was scratched due to a foot injury and will be replaced by Great White. Fulleffort was scratched…

The world No.1’s unbeaten run goes on with in-form Frenchman Arthur Fils the latest opponent to be dispatched, in the semi-final of the Madrid Open.

One is the public face of the artificial intelligence boom. The other is the world’s richest man, a leading force behind the electric vehicle revolution and a self-styled futurist.Now, Sam Altman and Elon Musk are locked in a high-stakes legal battle over the future of OpenAI—the company that helped bring AI into the hands of the masses, in what could reshape not just the AI behemoth, but the governance and structure of the industry itself.At its core, the dispute, being played out in a federal courthouse in Oakland, California, raises a fundamental question: can an organisation founded as a public-interest…

Roblox shares plummeted 18% on Friday after the company reported first-quarter earnings as its new child safety measures weighed on bookings.”Part of what we’re rolling out with age check, we believe, is the real, right long-term way to build this platform,” CEO David Baszucki said Friday on CNBC’s “Squawk Box.”In a letter to shareholders, the gaming company wrote that its new age-check feature “restricted on-platform communication for non-age checked users, diluted communication for age-checked users, and slowed new user acquisition,” causing greater-than-expected headwinds.In January, the company restricted its chat feature to users who completed its age-check verification. According to the…