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Exclusive: Pentagon spars with SpaceX over Starlink price hike during Iran war

As U.S. kamikaze drones guided by Elon Musk’s Starlink network began to make visible gains in the war against Iran, senior SpaceX officials reached a conclusion: The Pentagon should be paying more for access to their satellite Wi-Fi network.

May 26, 2026
News

Iranian hackers responsible for Los Angeles transit system breach, Israeli researchers say

Iranian hackers were responsible for a disruptive computer breach in March that forced Los Angeles’ transit system to shut down parts of its network, Israeli researchers ​say.

May 26, 2026
News

From deal hopes to fresh strikes

Weekend hopes for a U.S.-Iran breakthrough fade after fresh American strikes on southern Iran, though markets are treating the move as a possible push toward agreement rather than escalation.

May 26, 2026
News

What’s involved in talks to end the Iran war?

U.S. Secretary of State Marco Rubio said on Tuesday that negotiating a deal with Iran could “take a few days,” dimming hopes for an imminent end to the conflict after the U.S. conducted what it called defensive strikes in southern Iran.

May 26, 2026
News

ECB should raise rates in June, even if Iran peace deal is struck, Schnabel says

The ECB should raise interest rates in June, even if ongoing peace talks with Iran yield a deal, as the ​conflict has been far longer than projected and high energy prices are spilling into the broader economy, board member Isabel Schnabel said.

May 26, 2026
News

A year after glacier collapse, Blatten residents rebuild lives in Swiss Alps

Hotel Momentum stands above Switzerland’s Loetschen Valley as a symbol of recovery, a year after a collapsing glacier destroyed the village of Blatten.

May 26, 2026
News

Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation

Sri Lanka’s ‌central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday, the biggest hike in three years, as policymakers scrambled to stem inflation and support a currency buckling under soaring energy prices.

May 26, 2026
News

Oil rises, stocks waver as new US strikes dampen peace deal hopes

Oil prices rose on Tuesday and stocks dithered as investor optimism over an imminent U.S.-Iran peace deal was tempered ‌by new U.S. strikes in the Middle East.

May 26, 2026
News

Morning Bid: Peace talks hit turbulence

A look at the day ahead in European and global markets from Rae Wee

May 26, 2026
News

With AI manifesto, Leo joins pantheon of popes who urged world to change

Catholic popes have been urging global leaders to address social justice issues for 135 ​years.

May 26, 2026

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