Ariana Grande’s decision to issue a statement to People announcing she would “step away from the public eye” after her tour came as a surprise to some members of Sunday in the Park With George, which Grande also withdrew from. Team members of the London musical were only given hours to prepare their own statement…
The war with Iran has pulled the American oil industry out of a slump, raising corporate profits and spurring some companies to drill more wells. U.S. oil production is now forecast to grow modestly next year, topping 14 million barrels a day for the first time, according to the Energy Information Administration. The federal agency…
SÃO JOSÉ DOS CAMPOS, Brazil — Brazilian aerospace firm Embraer plans to nearly double its output of the KC-390 Millennium airlifter by the end of the decade, according to a company executive. “As demand is growing, not only to meet the current commitments we have with customers, but also looking to the future, looking ahead…
The long-awaited deal to reopen the Strait of Hormuz brought quick relief to the oil market, sending prices to their lowest levels since early March. Getting substantial amounts of oil and gas flowing, however, will take much longer. It can take weeks or months, even in the best of times, to get oil and gas…
Johannesburg, South Africa – In the quiet mining town of Swartruggens, a small courthouse is preparing to decide whether five Mexicans accused of a major illegal drug operation will be granted bail or remain in custody. Their arrests followed a raid on a remote farm in North West province, where police said they uncovered a…
The Lucid logo is shown at the Los Angeles Auto show on Nov. 20, 2025. Mike Blake | Reuters DETROIT — Lucid Group suspended its vehicle production guidance for the year as its incoming CEO evaluates the all-electric vehicle manufacturer’s business operations, including the potential for lower output of EVs. The company on Tuesday said…
The U.S. Air Force approved low-rate initial production of Boeing’s T-7A Red Hawk advanced trainer, setting the stage for the long-awaited replacement of the service’s 60-year-old T-38 Talon. The April 23 decision authorizes a $219 million contract for the first 14 aircraft, along with spares, support equipment and training, the Air Force announced Monday. The…
For months, President Trump and Defense Secretary Pete Hegseth have celebrated tentative agreements with defense companies to expand production of Patriot air defense systems, Tomahawk cruise missiles and other weapons believed crucial for a war with China, Russia or North Korea. “Exquisite Class Weaponry,” the president said on Truth Social on March 6 after meeting…
If there are any winners from the war with Iran in the business world, they are Western oil companies that are reaping the rewards of much higher energy prices. But don’t expect them to invest their bumper profits into pumping a lot more oil and natural gas — at least not yet. In fact, there…
For the first time, the U.S. Air Force is asking Congress to fund the purchase of Collaborative Combat Aircraft, marking the beginning of the “loyal wingman” era. The service’s fiscal 2027 budget request includes $996.5 million in procurement funding to begin production of Increment 1 Collaborative Combat Aircraft, plus $150 million in advance procurement for…
