Walmart's first-quarter profit, from February to April, was $5.3bn, up 18.8% compared with a year earlier. Walmart finance boss John David Rainey said the rising cost of living had so far been offset by higher tax returns as a result of President Donald Trump's One Big Beautiful Bill Act (OBBBA)
Iran said on Wednesday (May 20, 2026) it was examining a new U.S. proposal to end the war in West Asia. President Donald Trump described the talks as being on the “borderline” between a deal and renewed strikes. Iran’s Revolutionary Guards warned, “if the aggression against Iran is repeated, the promised regional war will this time spread far beyond the region’’
The CDC says the outbreak is of low risk to the general public. There are nearly 600 suspected Ebola cases and nearly 150 deaths across the DRC and Uganda. One American, Dr. Peter Stafford, tested positive for Ebola while working in the D Congo and has been hospitalized in Germany. The US State Department has issued updated Level 4 travel advisories for all three countries.
Air France flight bound for Detroit diverted to Canada over passenger from Congo. Passenger from the Congo boarded a flight in Paris “in error” amid flight restrictions tied to the Ebola outbreak. Officials “took decisive action and prohibited the flight carrying that traveler from landing at Detroit,” a spokesman said.
The U.S. government has been investing hundreds of millions of dollars in getting ready for this kind of outbreak. That aid was drastically reduced as a result of the Trump administration's dismantling of the United States Agency for International Development. "Outbreaks are always going to occur," says Grace Tran, who worked on Ebola preparedness with USAID.
It is the 17th significant Ebola outbreak in Congo, but the worst known outbreak linked to the Bundibugyo virus. The bodies of those who die from Ebola can be highly contagious and lead to further spread when people prepare bodies for burial and gather for funerals. The dangerous work of burying suspected victims is being managed wherever possible by authorities.
Iran says it has coordinated the transit of 26 vessels through the Strait of Hormuz. All transit through the strait "requires coordination with and authorization from the Persian Gulf Strait Authority," the IRGC said in a statement. The strait is a key artery for global oil and gas supplies.
Israel says it has deported all the foreign activists abducted by Israeli forces who stormed a Gaza aid flotilla earlier this week. The activists, whose vessel was intercepted on Wednesday in international waters by Israeli naval forces as they were trying to deliver humanitarian aid to Gaza, were all deported from Israel on Thursday, the Israeli foreign ministry said.
US President Donald Trump has raised the prospect of speaking to Taiwan’s President Lai Ching-te. It would be an unprecedented move for a US leader and a major departure from diplomatic norms. China has urged the U.S. to handle the Taiwan issue with “utmost prudence”
President Donald Trump said past U.S. presidents have mulled intervening in Cuba for decades, but ‘it looks like I’ll be the one that does it’ He’d suggested the opposite a day earlier, however, saying further escalation isn’t necessary after federal prosecutors announced criminal charges against former Cuban President Raúl Castro.
President Donald Trump called off a Thursday signing ceremony for a new order on artificial intelligence because he worried it could dull America’s edge on AI technology. A new executive order that could have been perceived as government screening of commercial AI models would have signaled a significant shift in the administration's policy.
Three MPs have been drawn in the top five to back the bill. They are Labour’s Jo Swinson, Liberal Democrat Peter Haines and Conservative Chris Grayling. The bill would allow terminally ill people to choose how they die. It would also allow them to have a say on when they die, if they choose.
Pennsylvania governor told DNC chair he was unhappy about unreleased 2024 report. DNC chair Ken Martin had been pummeled in public for months after he promised to release the report and then reversed course in December, saying he would not do so. At the time, according to two sources with knowledge of the call, Shapiro relayed he was happy that Martin had not released the report.
Credo Technology Group Holding Ltd. CRDO is riding high on the AI data center build-out. Credo reported record third quarter fiscal 2026 revenue of $407 million, up 51.9% from the prior quarter and 201% year-over-year. Birkenstock Holding plc BIRK is the Bear of the Day.
US sanctions against Palestinian prisoners are latest example of double standard. U.S. and Israel are increasingly out of step with the rest of the world, Palestinian leaders say. The U.N. has called for an end to the use of force against Palestinians in the West Bank and Gaza, and for the release of prisoners.
An Israeli strike designed to free Mahmoud Ahmadinejad from house arrest in Tehran, U.S. officials said. The strike was part of an effort to bring about regime change and put him in power, they said. An associate of the former president confirmed to The New York Times that he saw the strike as an attempt to free him.
North Korea beat South Korea 2-1 to reach the final of a soccer tournament. It is the first time a North Korean team has played in South Korea in more than seven years. North and South Korea used to regularly use sports as a diplomatic approach, sometimes even during the Olympics and Asian Games. North Korea will play in Saturday's final against Tokyo Verdy Beleza.
With a big IPO spree ahead of us, it certainly won't be all too long before everyday investors can get a piece of the companies that fit the bill of the "patriotic capitalism" theme. With the stage set for one of the biggest IPO waves the market has ever seen, questions linger as to how much further the investments can soar in value.
French court finds Airbus, Air France guilty of manslaughter in 2009 crash. Airbus says it plans to appeal the ruling, which overturned a 2023 acquittal. Air France Flight 447 crashed on June 1, 2009, killing all 228 people on board. The crash was the worst aviation disaster in France's history.
Ebony Parker was charged with eight counts of felony child neglect. She was accused of ignoring repeated warnings that a 6-year-old student had a gun. The child shot and seriously wounded his teacher in January 2023. The defense argued the prosecution had not made its case in the case.
AI runs on Nvidia's platform, and the company's quarterly figures continue to blow past what everyone anticipates due to huge sums of money invested annually to support AI infrastructure buildouts. The main takeaway is that AI spending isn't slowing down anytime soon because the more an Nvidia customer invests in compute capacity, the more revenue and profits they generate.
At issue is the distribution of bonuses between staff in memory chip divisions and those in other units. Samsung is the world's largest memory chipmaker by sales and a major supplier of chips used in AI data centres, smartphones and laptops. It faces competition from rivals SK Hynix and Micron amid surging AI-driven chip demand.
San Diego police did not respond to questions about how they’ve gone about increasing law enforcement presence at such sites. The police department’s priority is to provide “reassurance and services,” an official says. “While we cannot discuss specific security tactics, we can assure you that the San Diego County Sheriff's Office is working closely with our local, state and federal law enforcement partners.”
Women who appeared on the U.K. version of "Married at First Sight" have reportedly leveled sexual assault allegations against their former onscreen husbands. Two unnamed women told the BBC in a story published Monday, May 18, that the men raped them during filming. A third woman described "an allegation of a non-consensual sex act"
Trump says he doesn’t need Congress to OK his 250-foot arch as team says they authorized it 100 years ago. Trump said he does not require Congressional approval for the arch because the land “is owned by the Interior Department,” and claimed the arch was “meant to be built for many years.”
The U.S.-owned Havana Docks Corporation sued major cruise lines that had been using the confiscated docks. Justice Clarence Thomas, writing for the majority, said those who use property “tainted by a past confiscation’ are liable to “any United States national who owns a claim to that property.
James Roscoe stood in as interim ambassador after Lord Mandelson was sacked as US ambassador over his links to paedophile Jeffrey Epstein. Now sources in Washington believe that the leaks allegedly made by Mr Roscoe, which embarrassed the prime minister further, were at the heart of his departure. No explanation has yet officially been given for the departure.
Asian stock markets today closed mixed. China’s Shanghai Composite Index (SHCOMP) closed down -2.04%. Japan's Nikkei 225 Stock Index (NIK) closed up +3.14%. China's Shanghai Composite index slipped below the 4,100-point mark in largest single-day drop since March 23rd.
Israel's far-right national security minister Itamar Ben-Gvir posted a video mocking Palestinian activists. He has been sanctioned by U.S. allies for inciting violence against Palestinians. Israeli Foreign Minister Gideon Saar rebuked him on X: "You are not the face of Israel"