United States · Business
Same event, multiple sources, transparently cited.
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Oil flows through Strait of Hormuz fall nearly 30% in Q1 2026
Oil flows through the Strait of Hormuz dropped nearly 30% to 14.6 million barrels per day in Q1 2026 from the previous quarter and year ago.
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Florida Attorney General subpoenas NFL over Rooney Rule and diversity hiring practices
Florida Attorney General James Uthmeier subpoenaed the NFL on May 13 over its Rooney Rule and diversity hiring policies, alleging legal violations.
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Fervo Energy Raises $1.89 Billion in Upsized IPO, Shares Surge on Nasdaq Debut
Geothermal startup Fervo Energy raised $1.89 billion in an upsized IPO in May 2026, with shares closing up 35% on Nasdaq debut.
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Nvidia's Market Cap Hits Nearly $5.7 Trillion Amid China Trade Optimism
Nvidia's market capitalization surged to almost $5.7 trillion mid-May as CEO Jensen Huang joined President Trump's China trip and U.S. cleared chip sales.
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Wes Streeting to resign and challenge Keir Starmer for UK Labour leadership
Wes Streeting, UK Health Secretary, plans to resign and challenge Keir Starmer for Labour leadership.
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Uber explores €10 billion takeover of Delivery Hero, faces shareholder pushback
Uber has proposed a €10 billion full takeover of Delivery Hero but faces shareholder resistance over valuation.
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India raises diesel and petrol prices three to four times in May 2026 amid rising costs
State-run refiners in India raised diesel and petrol prices multiple times in May 2026, with a total increase of around 8% over 10 days.
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US Jury Clears Boeing of Fraud in 737 MAX Lawsuit by LOT Polish Airlines
A Seattle jury found Boeing not liable for fraud in a lawsuit by LOT Polish Airlines over 737 MAX safety issues.
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Chemical Storage Tank Leak Triggers Evacuation of Up to 50,000 in Southern California
A methyl methacrylate leak at GKN Aerospace in Garden Grove forced evacuation of up to 50,000 residents and prompted a state of emergency declaration.
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SpaceX to Go Public with Retail Access via Major Brokerages in $75 Billion IPO
SpaceX plans an IPO on Nasdaq with up to 30% of shares offered to retail investors through Robinhood, Fidelity, and Schwab.
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Chemical tank leak in Garden Grove triggers evacuation of up to 50,000 residents
A leaking chemical tank at GKN Aerospace in Garden Grove, California, forced 40,000 to 50,000 residents to evacuate starting May 22.
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27 countries seek quick access to World Bank crisis funds amid Iran war fallout
Since February 28, 27 countries have moved to secure rapid financial aid from World Bank programs over Iran war impacts.
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HSBC strategist says stock rally can endure amid rising bond yields
HSBC strategist Max Kettner says stocks can keep rising despite higher bond yields due to earnings growth and low positioning levels.
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Equinox Gold to Acquire Orla Mining in $5.1 Billion Cash-and-Stock Deal
Equinox Gold agreed to acquire Orla Mining for about $5.1 billion in a cash-and-stock transaction.
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King Charles III’s Speech Highlights UK Political Uncertainty as Gilt Yields Fluctuate
King Charles III outlined the government agenda amid UK political uncertainty affecting gilt yields and Sterling, with PM Starmer under pressure but remaining in office.
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Oki Ramadhana named CEO of Indonesia Investment Authority, succeeding Ridha Wirakusumah
Oki Ramadhana was appointed CEO of Indonesia Investment Authority on May 13, filling the vacancy left since February 2026.
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US Judge Dismisses Human Smuggling Charges Against Kilmar Abrego Garcia Citing Vindictive Prosecution
US District Judge Waverly Crenshaw dismissed human smuggling charges against Kilmar Abrego Garcia on May 22, 2026, citing retaliatory prosecution.
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US Consumer Sentiment Hits Record Low of 44.8 in May amid Inflation and Iran Conflict
The University of Michigan reported the May 2026 consumer sentiment index dropped to 44.8, the lowest since 1952, reflecting inflation and Iran war concerns.
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Apple asks US Supreme Court to review contempt ruling in Epic Games App Store case
Apple petitioned the US Supreme Court to review a contempt order tied to its App Store fees on external payments.
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IMAX Holds Preliminary Sale Talks, CEO Signals Openness to Deal
IMAX conducted early talks with potential buyers, with CEO Rich Gelfond open to a sale amid rising shares and strong box office growth.
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Walmart warns slower sales growth and possible price hikes as US gas hits $4.56 per gallon
Walmart reported strong Q1 profits but warned high fuel costs are slowing sales growth and may force price increases later in 2026.
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Wall Street opens lower as Iran blocks uranium shipments, oil volatility rises
Wall Street main indices opened lower on May 21 after Iran's Supreme Leader barred uranium exports, pushing oil prices volatile amid US-Iran tensions.
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AvalonBay Communities and Equity Residential agree to merge in $50 billion all-stock deal
AvalonBay Communities and Equity Residential announced their merger to create a giant apartment REIT with over 180,000 units.
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Elon Musk’s SpaceX pay package ties $760 billion award to Mars colony and $7.5 trillion valuation
SpaceX CEO Elon Musk was granted a performance-based compensation package worth up to $760 billion linked to market value and a Mars colony milestone.