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Ticker: Oil prices leap to their highest since May

U.S. stocks sank after oil prices jumped to their highest levels since May. The S&P 500 fell 0.6% Thursday for a fourth straight loss. The Dow Jones Industrial Average dropped 0.6%, and the Nasdaq composite sank 0.7%. Stocks felt pressure as the price for a barrel of Brent crude briefly topped $108 because the war with Iran continues to clog the global flow of crude. Treasury yields leaped in the bond market on increased worries about inflation, and the 10-year yield jumped to 4.95%. That’s up nearly a whole percentage point since the war with Iran began. Anthropic blocks misuse of ...

New Apple CEO unveils latest iPhone lineup

CUPERTINO, California — Apple on Wednesday unveiled its latest generation of iPhones, including a widely anticipated foldable version called Duo. The company’s new CEO, John Ternus, who took over from Tim Cook on Sept. 1, introduced the latest lineup at the company’s Cupertino, ...

Briefcase: COVID vaccines available at Giant and Martin’s

CARLISLE The Giant Company, known locally as Giant and Martin’s, announced COVID-19 vaccines are now available at all Giant and Martin’s in-store pharmacies. COVID-19 vaccines are administered by immunizing Giant and Martin’s pharmacists and specially trained pharmacy team members, subject to state regulations. Individuals can receive the updated vaccines if it has been at least two months since their last COVID-19 vaccine dose. In Pennsylvania, vaccines are available for patients ages 5 and above, and ages 3 and above in Maryland, Virginia and West Virginia. For minors, parental ...

Ticker: Racketeering conspiracy trial begins

A racketeering conspiracy trial of Huawei Technologies has begun in New York, with federal prosecutors accusing the Chinese tech company of a litany of crimes, including stealing technology from American companies, abusing the U.S. financial system and helping Iran snoop on its citizens. Huawei is the world’s biggest supplier of gear for wireless telecom networks, but it is banned from selling equipment to U.S. carriers over fears it poses a security risk and has been blacklisted by other Western allies, including Canada and Britain. Taylor Stout, a Department of Justice attorney, ...

US bans dairy, alcohol, motorcycles from Canada

The United States is banning dairy products, most alcoholic beverages and motorcycles from Canada, the White House said Tuesday, as the trade war between the two neighbors and longtime allies escalates. The ban will take effect in three weeks and comes after Canada imposed retaliatory tariffs ...

Trump threatens Canadian jetmaker

U.S. President Donald Trump has threatened to ban the sale of aircraft from Canada’s Bombardier unless it manufactures planes in the United States. The maker of private jets in response pointed out that major components for its planes, from wings to engines, are produced in the U.S. and that its supply chain that relies heavily on U.S. companies. Since Canada-U.S. trade talks collapsed on Aug. 21, Trump and his administration have unleashed a barrage of tariffs, threats and personal attacks portraying Canada as weak and dependent. Canada retaliated Tuesday with tariffs on about $20 ...