Iran’s foreign minister said the country “does not intend” to negotiate with the United States, as a source confirms that Iran received the 15-point plan from U.S. President Donald Trump. A source told Al Jazeera that Tehran described the U.S. proposal as “extremely maximalist and unreasonable”. “It is not beautiful, even on paper,” the source added, calling the plan deceptive and misleading
Space stocks surged after reports that Elon Musk’s SpaceX could file for an initial public offering as soon as this week. The IPO could raise more than US$75 billion and would value the company at $1.75 trillion, The Information reported. Shares in Firefly Aerospace and Rocket Lab closed 16% and 10.3% higher respectively. SpaceX was valued at $1.25 trillion in February after it acquired arti
The United States Department of War has struck new agreements with major defence contractors to rapidly expand munitions production, as Washington moves to place its military on what officials describe as a “wartime footing” following the U.S-Israel war with Iran. In a statement released on 25 March, the Pentagon confirmed framework deals with BAE Systems, Lockheed Martin and Honeywell Aerospac
Microsoft chief diversity officer Lindsay-Rae McIntyre will leave the company as it overhauls its human resources structure, following a series of high-profile departures in recent months. A number of human resources teams will be combined, according to chief people officer Amy Coleman, including merging all engineering human resources efforts. McIntyre will depart on 31 March to join another o
The United States has offered to help protect Ukraine if it hands over the Donbas region to Russia, according to Ukrainian President Volodymyr Zelenskyy. Zelenskyy said that with the U.S. focused on its war with Iran, President Donald Trump was pressuring Ukraine to quickly end the four-year war triggered by Russia's 2022 invasion. "The Middle East definitely has an impact on President Trum
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The United States Postal Service (USPS) has requested approval for a temporary 8% price hike for priority mail and package deliveries as transport prices continue to soar. If approved by the , the price hike would last from 26 April until 17 January 2027, according to USPS. “While this price increase is a time-limited adjustment, it will provide a necessary bridge to a permanent mechanism to
A joint reconstruction fund between the United States and Ukraine has signed off on its first investment project. The U.S.-Ukraine Reconstruction Investment Fund kicked off in December of last year and was part of a broader deal between the two countries signed in April. The fund is focusing on key minerals investments, with the first approved project for Sine Engineering, which produces nav
China's President Xi Jinping is set to head to Washington DC to meet with United States President Donald Trump in May. The meeting has been anticipated for months, with the pair last speaking face-to-face at an airport summit in October of last year. This current meeting, set for 14-15 May at the White House, has already faced delays at the request of the Trump administration, who cited the
Total mortgage applications plummeted last week-over-week as mortgage rates rose to their highest level since October last year. According to the Mortgage Bankers Association (MBA), the contract rate in a 30-year fixed-rate mortgage rose 13 basis points to 6.43% in the week ending 20 March. This is the highest it's been in nearly six months. Following this, the MBA’s weekly applications i
Long lines have formed at major United States airports as employees of the U.S. Transportation Security Administration (TSA) continue to work without pay or have quit due to a partial government shutdown. TSA workers still on duty have been working without pay for over a month, while more than 400 have quit their jobs. As a result, videos have been spread across social media for the long lin
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