Author: Press Room

Rocket Lab’s stock blasted 34%, notching its best day ever, after the space company topped first-quarter revenue estimates and announced its largest launch deal on record. The Long Beach, California-based company reported $136.7 million in revenue for its space systems business and $63.7 million for its launch segment. That topped FactSet estimates of $132.1 million and $59 million, respectively. Rocket Lab’s backlog more than doubled from a year ago to $2.2 billion.Guidance also surpassed Wall Street’s estimates. The company anticipates revenue between $225 million and $240 million during the second quarter, compared to a $207.5 million from LSEG.Rocket Lab’s stock…

Read More

Tehran, Iran – As the United States awaits Tehran’s latest response to texts for an agreement being exchanged through intermediaries, Iranian authorities and state-linked media are emphasising that they consider control over the Strait of Hormuz more important than ever.Foreign Ministry spokesperson Esmaeil Baghaei told reporters on Saturday that Iran was still reviewing Washington’s proposal.Recommended Stories list of 3 itemsend of list“We do our own work, we don’t pay attention to deadlines or timing,” he said, in reference to US President Donald Trump’s expected timelines for an Iranian response.With no breakthrough in sight, Iranian authorities continue to signal an elevated…

Read More

A U.S. trade court’s ruling against a Trump administration tariff could further constrain the White House’s ability to impose import levies, according to legal and trade experts.The Court of International Trade (CIT) sided with 24 states and businesses that filed a lawsuit challenging the legality of a 10% global tariff imposed by President Trump in February under Section 122 of the Trade Act of 1974. In a ruling by the three-judge panel, the court found that the temporary tariffs were “unlawful” and harmful to businesses.The blow to Mr. Trump’s trade policies follows a February Supreme Court ruling that struck down U.S. tariffs imposed last…

Read More

NEWYou can now listen to Fox News articles! A large group of teens took over and “overwhelmed” a carnival in New Jersey, leading to several fights while police attempted to “restore order.”Township officials said in a Facebook statement that a group of unsupervised juveniles overwhelmed the annual Maple Shade Tigers Youth Football Carnival on May 1, sparking multiple fights and forcing police to step in.”During the course of the evening, several fights broke out, and the event became overwhelmed with unsupervised juveniles,” the officials said. “During the course of the evening, several fights broke out, and the event became overwhelmed…

Read More

Training camp begins Sunday for the Toronto Argonauts and eight other CFL teams. Here’s a look at the other squads as they begin preparing for the 2026 regular season, which begins June 4 with the Montreal Alouettes visiting the Hamilton Tiger-Cats. Montreal — The Alouettes landed backup quarterback Dustin Crum in free agency but released middle linebacker Darnell Sankey and defensive back Dionte Ruffin (both now with B.C.). Davis Alexander is 11-0 in the regular season but made just seven starts last season due to a hamstring ailment. The defence could use another big year from Canadian defensive lineman Issac…

Read More

NEWYou can now listen to Fox News articles! If negotiations with Iran collapse, the U.S. likely is to move quickly to degrade Tehran’s military capabilities — a campaign analysts say would begin with missile systems, naval assets and command networks before escalating to more controversial targets.Negotiators are still working toward what officials describe as a preliminary framework agreement — effectively a one-page starting point for broader talks centered on Iran’s nuclear program and potential sanctions relief. But deep mistrust on both sides has left the process fragile, raising the stakes if diplomacy fails. “We’re not starting at zero,” retired Army Col.…

Read More

NEWYou can now listen to Fox News articles! Before Jeremiyah Love has taken an NFL snap, veteran running backs already must be pretty jealous of him.That’s because the third overall pick of last month’s NFL Draft officially signed his rookie deal of $53 million on Friday.Love’s deal is the most guaranteed money ever given to a running back in NFL history, by a wide margin. Arizona Cardinals running back Jeremiyah Love runs during rookie minicamp at the Dignity Health Arizona Cardinals Training Center in Tempe, Arizona, on May 8, 2026. (Mark J. Rebilas/Imagn Images)The previous record was the $36 million…

Read More