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Beijing set to launch Satellite Town as China's aerospace industry grows

The core area of Beijing's Satellite Town, designed as a hub for satellite manufacturers and operators, will be completed in the second half of 2026, state-owned media Beijing Daily reported on Saturday. - Commercial launches now account for over 60% of all space launches and a number of companies are rushing to go public, Beijing Daily said. - Gao Yibin, head of the Strategic Research Department at Future Aerospace, said with the acceleration of launch approvals, the localisation of components and the continued injection of capital by industrial funds, China's trillion-yuan commercial space

Berkshire CEO Abel sold stocks managed by ex-portfolio manager Combs, WSJ reports

Australia extends relaxed fuel standards to bolster supply

US renews Russian oil waiver after pressure from countries dealing with Iran war price shocks

The Trump administration on Friday renewed a waiver allowing countries to buy sanctioned Russian oil at sea for about a month, even as lawmakers accused the government of going easy on Moscow as its war on Ukraine grinds on.The Treasury Department's waiver lets countries purchase Russian oil and petroleum products loaded on vessels as of Friday through May 16. It replaces a 30-day waiver that expired on April 11 and excludes transactions involving Iran, Cuba and North Korea.The move is part of the administration's effort to control global energy prices that have shot higher during the U.S.-I

US extends waiver on Russian oil sanctions to ease Iran war shortages despite Bessent denial

Trump’s lawyers seeking resolution of his $10 billion lawsuit against IRS and Treasury

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UNICEF says Israeli fire kills two Gaza water truck drivers

The United Nations children's agency UNICEF said on Friday it was "outraged" after two truck drivers it contracted to deliver clean water to families in the Gaza Strip were killed by Israeli fire.The U.N. agency said in a statement the incident occurred during routine water trucking Friday morning at the Mansoura water filling point in northern Gaza, which supplies Gaza City. Two others were injured in the attack.UNICEF said it had suspended activities at the site and called on Israeli authorities to investigate, stressing that humanitarian workers, civilians and vital water infrastructure mu

Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settled

Key prosecutor in John Brennan investigation has been removed from case, AP source says

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Prosecutors in a Minnesota county charge ICE agent with assault

Prosecutors in Minnesota's Hennepin County have charged a U.S. Immigration and Customs Enforcement agent with assault for allegedly pointing his gun at two people in a car along a highway in Minneapolis in February.Hennepin County Attorney Mary Moriarty said on Thursday she believed the charges were the first to be brought against an ICE officer over actions related to the Trump administration's immigration crackdown in Minnesota earlier this year.The officer, identified as 35-year-old Gregory Donnell Morgan, allegedly pointed a gun at two people in another vehicle along a highway in the Twin

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1 million bees make for bumper-to-buzzer traffic on a Tennessee highway ramp

Travelers on an East Tennessee interstate were forced to brake for workers — and drones, perhaps even a queen — when a truck carrying about 1 million bees crashed Friday. The swarm shut down an exit of Interstate 40 in Knoxville, said Mark Nagi, Tennessee Department of Transportation regional spokesperson. There were no injuries, he said. “The ramp from I-40 East to Henley Street is back open but the truck is destroyed and the bees are… well… buzzing," Nagi posted, along with a photo of a person in beekeeper garb. "Unless you are dressed in this outfit pl

Oil settles down 9% after Iran declares Strait of Hormuz open

Pro-Palestinian Tufts University graduate targeted by Trump administration returns to Turkey

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A DHS worker who just ran her first marathon and the mother of a pre-teen were killed in attacks spanning 3 Atlanta suburbs

To the public, Lauren Bullis was a dedicated employee for the Department of Homeland Security in Georgia – a consummate professional committed to public service.To her loved ones, the 40-year-old from Decatur was an adventurous explorer who traveled the world and brought joy to friends near and far.“You couldn’t meet her and not be her friend,” fellow DHS auditor Ashley Toillion told the Associated Press. “She was just the nicest, sweetest, most encouraging person I’ve ever met.”The pair bonded over running and planned to take part in a race at Walt Disney World.But on Monday mor

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Exclusive: Justice Department removes lead prosecutor from probe of Trump critic John Brennan

The Justice Department has removed the career Miami federal prosecutor leading the investigation into John Brennan, after she resisted pressure to quickly bring charges against the former CIA director and prominent critic of President Donald Trump, according to people briefed on the matter.Maria Medetis Long on Friday notified attorneys representing people involved in the case that she was no longer handling the investigation, the people familiar with the matter said. She has led the politically sensitive probe for months amid demands from Trump to prosecute Brennan and other critics.The inves

The Supreme Court hands a win to oil and gas companies fighting environmental lawsuits in Louisiana

QVC’s parent company files for bankruptcy

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Trump set to ease restrictions on psychedelic drug used to treat PTSD

(Corrects name of advocacy group to Veterans Exploring Treatment Solutions in paragraph 19)By Jacob BogageWASHINGTON, April 17 (Reuters) - U.S. President Donald Trump is set to order the federal government to reevaluate restrictions on a psychedelic drug sometimes used internationally to treat post-traumatic stress disorder and other mental health conditions, according to three people familiar with the matter.Ibogaine, derived from a shrub native to Africa, is a Schedule I substance in the United States, meaning it is deemed to have "no currently accepted medical use and a high potential for

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The Latest: Trump and Iran’s top diplomat say the Strait of Hormuz is fully open

U.S. President Donald Trump and Iran’s foreign minister said Friday that the Strait of Hormuz is fully open to commercial vessels. Iran’s top diplomat Abbas Araghchi said the strategic waterway “is declared completely open,” in line with the new ceasefire in Lebanon, and Trump said the strait is “ready for full passage.” However, Trump added that the U.S. naval blockade on Iranian ships and ports “will remain in full force” until Iran reaches a deal with Washington to end the war. Oil prices dropped 9% and Wall Street rallied to a reco

Jon Rahm keeps his focus on golf as LIV CEO's interview raises more questions about tour's future

$13 train fare spikes to $150 for World Cup fans attending matches in New Jersey

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Trump says blockade on Iran 'in full force' until deal is reached

U.S. President Donald Trump said on Friday that the naval blockade on Iran will "remain in full force" until a deal with Tehran is struck."The Strait of Hormuz is completely open and ready for business and full passage, but the naval blockade will remain in full force and effect as it pertains to Iran, only, until such time as our transaction with Iran is 100% complete," he wrote on Truth Social in all caps. His comments came after Iran said the Strait of Hormuz was open to all vessels following a ceasefire between Israel and Lebanon. (Reporting by Susan Heavey and Bhargav Acharya; Editing by

UK's Starmer pleads ignorance over Mandelson, resists pressure to resign

Prime Minister Keir Starmer, under renewed pressure to resign, expressed anger on Friday over not being informed that his former ambassador to the United States, Peter Mandelson, had failed security vetting before being handed the job.Starmer, who won the largest majority in modern history for Labour at a national election in 2024, is facing fresh calls to step down over the Mandelson affair, just three weeks before his party is expected to suffer big losses in local elections in England and regional votes in Scotland and Wales.Following the sacking of Labour veteran Mandelson as ambassador