May 18, 2026 11:13 AM

Iran war saddles global companies with $25 billion bill – and counting

The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion - and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies listed in the United States, Europe and Asia offers a sobering look at the fallout. Businesses are grappling with soaring energy prices, fractured supply chains and trade routes severed by Iran's chokehold on the Strait of Hormuz. At least 279 companies have cite...

April 23, 2026 10:33 PM

Top US military leaders ousted during the Trump administration

The firing of U.S. Navy Secretary John Phelan this week marks the latest in a string of senior military dismissals during President Donald Trump’s administration, an unusually broad shake‑up of U.S. defense leadership unfolding alongside overseas conflicts and heightened operational demands. Others fired from all levels of leadership at the Pentagon under Defense Secretary Pete Hegseth include: U.S. ARMY CHIEF OF STAFF RANDY GEORGE On April 2, Hegseth fired George without citing a reason....