Oil Keeps Bouncing Because the Ceasefire Keeps Not Working
WTI closed at $97.87 after crashing to $94 on ceasefire news, rebounding 3.7% in 24 hours.
Theo Kaplan
Bureau: San Francisco
Gas Hit $4.16 and the War Premium Is Not Going Away
The national average hit $4.16, up from $2.98 pre-war, with California at $5.89 a gallon.
Nine Days Until the Sanctions Waiver Expires and Nobody Is Talking About It
The third Iran oil sanctions waiver expires April 19 and is not part of the Islamabad talks agenda.
OpenAI Raised $122 Billion and Nobody Blinked
The largest private funding round in history valued OpenAI at $852 billion on $2 billion monthly revenue.
Apple Is Closing Its First Unionized Store and the Union Is Fighting Back
Apple will shutter its Towson, Maryland store in June — the first U.S. Apple retail location to unionize — and the IAM says it's exploring every legal option.
Canva Bought Two AI Companies to Become More Than a Design Tool
Canva acquired Simtheory and Ortto, adding agentic AI and marketing automation to its platform.
Tesla Un-Canceled Its Cheaper Electric Car
Tesla is developing a compact SUV priced below the Model 3, two years after killing the Model 2.
The Race for AI Profits Became Existential
Anthropic and OpenAI must make more money than they burn in 2026 or face an existential reckoning.
SpaceX's IPO Remains in Holding Pattern
SpaceX has filed no new IPO paperwork and the Starship timeline continues to slip.