Trump Confirms Possible U.S. Takeover Of Spirit If 'Price Is Right'

U.S. Waives Jones Act After Iran Gas Field Attack Shortly after Israeli fighter jets struck Iran's upstream oil and natural gas production assets for the first time in Operation Epic Fury, sending WTI futures to $98.5/bbl, the Trump administration appears to have pulled another emergency lever from JPMorgan's six-option playbook we recently outlined: a 60-day Jones Act waiver that allows foreign-flagged ships to transport oil, gas, refined products, fertilizer, and related energy cargoes between US ports to boost domestic energy flows and ensure shipping capacity does not become a bottleneck. Bloomberg...

European Court Denies Appeal Of Parents Seeking Custody Over Their Kids In Religious Freedom Case Authored by Jonathan Turley, In Sweden, a Christian couple is going through a nightmare that captures the growing bias and targeting of religious families in Europe. Daniel and Bianca Samson have been fighting to regain custody of their daughters since 2022 after the government cited their regular church attendance and faith as warranting their removal. The parents, with the help of the Alliance Defending Freedom International, were delivered another blow after the European Court of Human Rights refused to...

Taiwan Semi Slides Despite Record Results In Warning Sign For Chip Companies Taiwanese chip giant, Taiwan Semiconductor Manfuacturing Co, said Thursday its net profit surged to a fresh record in the first quarter, fueled by the global artificial intelligence race despite the war in the Middle East. Massive demand for AI hardware means business is booming for TSMC -- the biggest contract maker of microchips used in everything from Apple phones to Nvidia processors. TSMC's net profit for the first three months of the year jumped 58.3% YoY to NT$572.5 billion ($18...