U.S. President Donald Trump threatened to bomb Oman because he is unhappy the country is close to a deal with Iran to manage ship traffic through the Strait of Hormuz, two regional officials said on Tuesday, a day after Trump leveled the threat. The officials said the Trump administration has told Oman it is opposed to parts of the yet-to-be-announced deal, including the
Some of America’s biggest companies are receiving hundreds of millions of dollars in tariff refunds, or booking even larger financial benefits. However, many consumers are wondering if those refunds will find their way back into their wallets. After the Supreme Court ruled that the International Emergency Economic Powers Act did not give the president authority
Rebel Creamery’s founders say they designed the company’s logo and ice cream pint packaging themselves in Adobe Illustrator. But that DIY branding design landed them in a nearly $24 million legal dispute. The Utah-based, low-carb ice cream maker, whose products are sold at Target, Kroger, and Walmart nationwide, filed for bankruptcy on Aug. 14, days
It’s grape season in Afghanistan’s southern province of Kandahar, and the harvest this year is plentiful. But that’s small comfort for the region’s grape producers and workers, who say fighting between Afghanistan and Pakistan has left them unable to access their primary market. For months, the two countries have traded fire sporadically across their long, mountainous border, leaving hundreds of people dead.
At 6:30 a.m. Eastern Time today, the price of oil sits at $93.60 per barrel, using Brent as the benchmark (we’ll explain what that means shortly). That’s an increase of $1.18 since yesterday morning and $27.41 more than at this time last year. oil price per barrel % Change Price of oil yesterday $92.42 +1.27%
Based out of Abu Dhabi Global Market (ADGM), the emirate’s financial centre, Coinbase has been granted a license to arrange investment deals and provide custody for tokenized securities. Custody essentially means safely holding and managing the digital ownership records for assets and is therefore important for giving institutional investors confidence. Tokenization has been rapidly gaining