Author: Press Room

Check out the companies making headlines in extended trading: Apple — The iPhone maker shed 2% after its closely watched Services division performed below expectations in the fiscal second quarter. Services revenue came in at $26.65 billion, lower than the $26.70 billion analysts surveyed by StreetAccount anticipated. Overall earnings and revenue during the period beat Wall Street’s expectations. Airbnb — Shares slipped more than 4%. Airbnb expects second-quarter revenue in a range between $2.99 billion and $3.05 billion, or $3.02 billion at the middle of the range. Analysts had forecast $3.04 billion in revenue. Management noted softening trends in the…

NEWYou can now listen to Fox News articles! The Los Angeles Lakers faced scrutiny last June when the franchise decided to hire an inexperienced JJ Redick as the franchise’s next head coach.While Redick guided the Lakers to victory in a game against the Timberwolves in his coaching debut in October, Los Angeles came up short against Minnesota in the postseason. The Timberwolves held on for a 103-96 victory in Game 5 to eliminate the Lakers from playoff contention.Several critics have questioned Redick’s decision-making during the playoff series, especially his handling of the team’s rotation. But ESPN’s Brian Windhorst suggested the first-year…

Oscar Piastri has leapt to the defence of McLaren teammate Lando Norris after the Briton was accused of being “weak” by ex-Formula One world champion Alan Jones.The rivalry between Piastri and Norris took a different twist this week when Jones described this year’s Australian Grand Prix winner as “quite a weak person”.The 1980 champion also lauded Piastri as a future world champion after the Australian took the lead in the standings two weekends ago in Saudi Arabia, celebrating his third grand prix victory of the season.Piastri is 10 points clear of Norris going into this weekend’s Miami Grand Prix, with…

LIMITS TO DIVERSIFICATION Should the Thai government, then, consider export diversification alongside its effort to increase imports from the US? Given the size and depth of the US market, it remains unclear how much Thailand can, or should, diversify away from it. Diversification involves more than just finding new buyers outside the US; it requires a broader reconfiguration of global supply chains to reduce dependency and enhance resilience. This is particularly relevant for Thai exporters engaged in original equipment manufacturing (OEM), such as those producing photosensitive devices and image sensors. These firms often operate under contract for large multinational brands,…

Syrian Druze leader condemns ‘genocidal campaign’ after dozens killed in clashes south of Damascus.A leader of Syria’s Druze minority has condemned attacks against his community after dozens of people were killed in two days of sectarian clashes south of Damascus. Sheikh Hikmat al-Hijri on Thursday denounced the violence in Jaramana and Sahnaya near Damascus earlier this week as a “genocidal campaign” against the Druze community in Syria. Syria’s Ministry of Information said 11 members of the country’s security forces were killed in two separate attacks. The United Kingdom-based Syrian Observatory for Human Rights (SOHR), a war monitor, said at least…

Join Fox News for access to this content You have reached your maximum number of articles. Log in or create an account FREE of charge to continue reading. By entering your email and pushing continue, you are agreeing to Fox News’ Terms of Use and Privacy Policy, which includes our Notice of Financial Incentive. Please enter a valid email address. Having trouble? Click here. EXCLUSIVE: Todd Lyons, the acting director of U.S. Immigration and Customs Enforcement (ICE), said his agency will “ramp” up raids in sanctuary cities if they refuse to cooperate with his agents. Todd Lyons sounded off on the…

Astonishing footage shows an American Airlines passenger being restrained by airline staff after she tried storming the aircraft’s cockpit.The incident happened aboard American Airlines Flight 950 from São Paulo, Brazil, to New York City April 24.The video shows a woman being restrained as she stood outside the pilot’s cockpit. During the intense moment, she was knocked to the floor.While an airline employee appeared to grab her by her shirt, another passenger jumped up and yelled in Portuguese. The entire incident transpired in the first-class cabin of the plane.4, INCLUDING CHILDREN, KILLED AFTER VEHICLE CRASHES INTO ILLINOIS AFTER-SCHOOL CAMP: POLICE Footage…

Canadian auto parts traded under North American free trade rules will be exempted from U.S. President Donald Trump’s 25 per cent auto tariffs due to start Saturday, according to new U.S. guidance. The bulletin from U.S. Customs and Border Protection (CBP), issued to American importers Thursday, says auto parts that are eligible for preferential treatment under the Canada-United States-Mexico Agreement (CUSMA) on free trade will be subject to a zero per cent tariff, “other than automobile knock-down kits or parts compilations.”All other parts, as well as non-U.S. parts in passenger vehicles completed outside the U.S., will still be subjected to…

Australia’s banking shares, a relative haven for investors dealing with tariff-induced volatility, face a fresh test as lenders unveil earnings starting next week. 

Sean “Diddy” Combs rejected a plea deal offer during the final pre-trial hearing in his sex trafficking and racketeering case in New York City on Thursday.Jury selection is set to begin next week. What happened in courtAfter asking Combs to confirm he was of sound mind and not on any drugs, District Judge Arun Subramanian asked the rapper and producer if he rejected the prosecution’s offer of a plea deal, to which he replied, “Yes, I do.”Details of the prospective plea deal were not given.Combs, 55, entered court waving to various people. He carried a notebook and put on glasses to read at…