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Today: May 05, 2026
Today: May 05, 2026

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Audi fears 'significant' tariff impact ahead of SUV launch in US

A looming U.S. tariff hike would have a 'significant' impact on German premium carmaker Audi as it pushes ahead with plans to launch its largest SUV in the U.S. this summer, finance chief Juergen Rittersberger said on Tuesday.U.S. President Donald Trump has threatened to raise tariffs on EU car imports to 25%, arguing that the bloc has failed to comply with last year's U.S.-EU trade agreement. The measures have not yet been confirmed, Rittersberger noted."One thing is clear: if these tariffs are imposed, it would place a significant burden on our company," he said, adding that Audi was still
Audi fears 'significant' tariff impact ahead of SUV launch in US
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Hugo Boss tops quarterly profit estimates despite geopolitical uncertainty

German fashion group Hugo Boss reported quarterly operating profit above expectations on Tuesday, despite a challenging market environment.The company posted first-quarter earnings before interest and taxes (EBIT) of 35 million euros, down from 61 million euros a year earlier, but above analyst's forecast of 30 million euros in a company-provided poll.The German firm reported revenue of 905 million euros for the period, exceeding analysts' forecast of 887 million euros."Following our successful finish to 2025, we entered the year with a clear roadmap. However, the market environment has becom
Hugo Boss tops quarterly profit estimates despite geopolitical uncertainty
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Thailand scraps 25-year-old agreement with Cambodia on joint energy exploration

Thailand on Tuesday unilaterally terminated a longstanding agreement with Cambodia to work towards joint offshore energy exploration, defying calls from its neighbour to stay the course on the 25-year-old pact. The Thai cabinet's cancellation of the agreement, which seeks to develop a framework to jointly explore hydrocarbons in parts of the Gulf of Thailand where the two countries' claims overlap, had long been expected and follows two rounds of armed conflict between them last year. The withdrawal was an election campaign pledge of Thai Prime Minister Anutin Charnvirakul, who earlier this
Thailand scraps 25-year-old agreement with Cambodia on joint energy exploration

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Secret Service shoots man who fired at agents near Washington Monument

The US Secret Service says its officers shot an armed man Monday afternoon near the Washington Monument after he fired at agents and wounded a juvenile bystander.Moments before the gunfire, Secret Service officers and agents who patrol the outer perimeter of the White House complex noticed “a suspicious individual that appeared to have a firearm,” USSS Deputy Director Matt Quinn told reporters during a press conference.The man ran when uniformed Secret Service police approached him and he fired towards the officers, Quinn said. The officers returned fire, striking and wounding the man.Auth
Secret Service shoots man who fired at agents near Washington Monument
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Top Trump fundraiser enlisted in new nonprofit for president’s sculpture garden and golf course as legal challenges abound

One of President Donald Trump’s top fundraising lieutenants has been enlisted to solicit money for his personal endeavor to develop a new golf course and sculpture garden on a prime piece of land along the Potomac River in Washington, DC.Meredith O’Rourke, a longtime GOP fundraiser whom Trump has dispatched for many of his high-profile personal pursuits in his quest to put his stamp on the capital city’s landscape and culture, was the president’s national finance director during the 2024 election.Since Trump took office, she has overseen donations for his ambitious East Wing ballroom p
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A United jet narrowly avoided catastrophe when it struck a truck near Newark airport during landing

A United Airlines jet came dangerously close to disaster Sunday when it hit a semitrailer truck and light pole on the New Jersey Turnpike as it came in to land at Newark Liberty International Airport. “A major catastrophe was avoided by feet,” said safety expert Steve Arroyo, who landed on that same short runway many times during his career at United. “Had it been another five feet lower, eight feet, I mean, no more than 10 feet, that plane would have been all over the New Jersey Turnpike.” The driver of the bakery delivery truck was treated a
A United jet narrowly avoided catastrophe when it struck a truck near Newark airport during landing
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Two-time AL Cy Young winner Tarik Skubal to have elbow surgery to remove loose bodies

Two-time American League Cy Young Award winner Tarik Skubal will have surgery to remove loose bodies from his elbow after being scratched from Monday's start against the Boston Red Sox. Detroit Tigers manager A.J. Hinch told reporters that the left-hander felt discomfort in his elbow on Sunday, less than a week after an injury scare against the Atlanta Braves. The 29-year-old — set to become a free agent next offseason — underwent tests that showed the loose bodies. The surgery hadn't yet been scheduled. There is no immediate timetable for his return, though s

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Barbashev scores late as the Golden Knights beat the Ducks 3-1 in Game 1

Ivan Barbashev scored off a terrific pass from Pavel Dorofeyev with 4:58 left to put the Golden Knights ahead for good, and Vegas went on to defeat the Anaheim Ducks 3-1 on Monday night in the opener of their second-round series. Game 2 is Wednesday night in Las Vegas. Barbashev took advantage after officials did not call icing, which didn't sit well with Ducks coach Joel Quenneville, who was clearly upset on the bench. Vegas' Brett Howden extended his goal streak to a career-long four games, his fifth over that span. Mitch Marner, who also assisted o
Barbashev scores late as the Golden Knights beat the Ducks 3-1 in Game 1
Business|Economy|Political|World

Trump’s gambit to move ships through the Strait of Hormuz tests the fragile ceasefire

President Donald Trump’s initiative to guide ships through the Strait of Hormuz was a high-stakes, high-risk attempt to jolt loose a resolution to the standoff that had come to define his war against Iran.But the gambit has put the US’ fragile ceasefire with Iran under strain, as US and Iranian forces traded fire in the contested waterway. Now, no one is entirely sure whether the tenuous peace can hold long enough for halting negotiations to yield some resolution.“It is very bad and messy at the moment,” a regional source told CNN.With little sign Tehran would blink in its efforts to b
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Stars embrace costume at Met Gala as protesters target Bezos

Celebrities including Puerto Rican superstar Bad Bunny, supermodel Heidi Klum and singer Katy Perry walked the carpet at the Met Gala on Monday — many of them unrecognizable.Leaning heavily into this year’s theme of "Costume Art," Bad Bunny was dressed up as an elderly man, Klum was draped in a Statue of Liberty costume and Perry went incognito in a silver mask.Pop icon Beyonce was among the most notable appearances of the night, returning to the Met Gala for the first time in 10 years as one of its co-chairs. Actor Blake Lively, who settled a lawsuit earlier on Monday with co-star Justin
Stars embrace costume at Met Gala as protesters target Bezos
Science|Technology|World

White House considers government reviews for AI models, NYT reports

U.S. President Donald Trump is considering the introduction of government oversight over new models of artificial intelligence, the New York Times reported on Monday, citing officials briefed on the deliberations. The U.S. government is discussing an executive order to create an AI working group that would bring together tech executives and government officials to examine potential oversight procedures, according to the newspaper. A White House official declined to confirm or deny the report. "Any policy announcement will come directly from the president. Discussion about potential executiv

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US evacuates 22 crew members on seized Iranian ship to Pakistan

US evacuates 22 crew members on seized Iranian ship to Pakistan
Asia|Business|Economy|Political|World

An unfinished Iran war could give Xi the upper hand in Trump talks, sources say

An unfinished Iran war could give Xi the upper hand in Trump talks, sources say

Asia|Business|Economy|Environment|Political|World

US tries to force open the Strait of Hormuz as the UAE comes under attack in a test of Iran truce

The U.S. military says it fired on Iranian forces and sank six small boats as it moved to reopen the Strait of Hormuz

Political

House Democrats’ campaign arm takes sides in contentious primaries key to winning midterms

House Democrats’ campaign arm takes sides in contentious primaries key to winning midterms
Election

Fact check: Hegseth twice made a false claim to Congress about troops being sent to voting places under Biden

Fact check: Hegseth twice made a false claim to Congress about troops being sent to voting places under Biden

Business|Economy|Finance|Stock Markets|Technology

Big Tech’s massive spending is back in focus on Wall Street

Big Tech’s massive spending is back in focus on Wall Street

Business|Economy|Election|Finance|Stock Markets|World

Modi's party set to make big gains in Indian state elections

Modi's party set to make big gains in Indian state elections
Business|Economy|Finance|Stock Markets|Technology

GameStop makes daring $56 billion bid for eBay, hoping to rival Amazon

GameStop makes daring $56 billion bid for eBay, hoping to rival Amazon

Business|Economy|MidEast|Political|World

Trump says US will help free ships stranded in Strait of Hormuz 

President Donald Trump said on Sunday that the United States would begin an effort to free up ships stranded in the Strait of Hormuz on Monday morning.

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Trump says the US will 'guide' stranded ships from the Strait of Hormuz, starting on Monday

U.S. President Donald Trump has announced “Project Freedom” to help ships leave the Strait of Hormuz, starting on Monday