• Representative Eric Swalwell announced his resignation from Congress following sexual assault allegations, with the announcement coming on Tuesday of this week.
• Representative Tony Gonzalez also announced his resignation the same day after admitting to sexual misconduct with a staffer earlier in the year.
• Both Democrats stepped down within hours of each other amid mounting calls for them to leave office due to the serious allegations against them.
• The Pittsburgh Penguins suffered a loss to the Philadelphia Flyers in Game 1 of their playoff series, with forward Evgeni Malkin calling for a reset.
• Malkin emphasized the need for the team to regroup and improve their performance heading into subsequent games.
• The playoff matchup sets up a critical series between the two historic NHL franchises competing for Eastern Conference advancement.
• US President Donald Trump warned Iran of 'no more Mr Nice Guy' and threatened new strikes if no deal is agreed by Wednesday, following stalled talks over nuclear issues and the Strait of Hormuz.
• Iran closed the Strait of Hormuz until the US lifts its blockade, with Revolutionary Guard navy confirming the move amid risks to global oil shipments; 13 US service members killed in related conflict.
• Negotiations in Islamabad saw US propose 20-year Iranian nuclear suspension, countered by Iran's 3-5 year halt offer; Tehran reports progress but fundamental gaps remain per speaker Mohammad Bagher Ghalibaf.
• Georgia Tech softball (28-23, 9-11 ACC) defeated No. 10 Virginia Tech (38-7, 12-5 ACC) 6-2 on Saturday night in Blacksburg, Virginia, marking the program's highest-ranked true road win in history.
• The victory was Georgia Tech's first top 10 win and third top 25 victory of the season, demonstrating significant progress for the Yellow Jackets.
• The Yellow Jackets remain in Blacksburg to conclude the ACC conference road series against Virginia Tech on April 19.
• Salesforce announced Headless 360 on Wednesday, enabling AI agents to access its platform capabilities via APIs, MCP tools, or CLI commands.
• The initiative marks the company's most ambitious architectural transformation in 27 years, aiming to enhance AI integration across its ecosystem.
• This development matters as it positions Salesforce as a leader in AI-driven enterprise software, potentially accelerating agentic AI adoption in business operations.
• Expo, developer of the React Native framework for cross-platform apps, secured $45 million in Series B funding led by Georgian.
• The investment supports cloud services and open-source tools used by developers building mobile applications.
• This funding bolsters Expo's position in the competitive cross-platform development market amid rising demand for efficient app building.
• A US judge issued an injunction favoring makers of the banned 'ICE Sightings - Chicagoland' Facebook group and Eyes Up app, alleging DHS and DOJ violated the First Amendment.
• The Trump administration last year ordered platforms to remove apps tracking ICE activity, prompting legal pushback.
• The ruling underscores tensions between national security and free speech in tech moderation, potentially affecting similar surveillance tools.
• Fraud incidents continue climbing at US banks even with substantial spending on advanced detection tools and analytics.
• The gap highlights limitations in current tech defenses against evolving fraudster tactics.
• This trend matters as it pressures financial institutions to innovate faster, amid rising economic impacts from cyber fraud.
• Sequoia Capital announced a $7 billion expansion fund under new leadership specifically targeting late-stage AI startups across the U.S. and Europe.
• The fund aims to accelerate growth for mature AI companies navigating scaling challenges in competitive markets.
• This massive capital injection underscores surging investor confidence in AI's long-term potential amid rapid technological advancements.
• The U.S. government is evaluating a restricted rollout of Anthropic's Mythos frontier AI model to federal agencies under Project Glasswing for defensive cybersecurity purposes.
• Mythos has identified thousands of vulnerabilities across operating systems and web infrastructure at unprecedented speed, far surpassing traditional manual audits that take months or years.
• Officials emphasize collaboration with model providers and intelligence community to implement guardrails before wider agency access, as stated by spokesperson Barbaccia.
Retail analysts say breaking up food and fashion group would make sense in challenging business environmentPrimark may break free from Kingsmill, Twinings and the sugar business this week when Associated British Foods announces plans on a mooted demerger.The potential split comes at a tricky time for the group controlled by the billionaire Weston family, with its fashion and food arms facing tough competition and rising costs. Continue reading...
Federal prosecutor says woman is suspected of dealing weapons to Africa on behalf of Iranian governmentA California woman was arrested at Los Angeles international airport after allegedly trafficking weapons on behalf of the Iranian government to contacts in Africa, including Sudan.Shamim Mafi, 44, of Woodland Hills was detained on Saturday night by federal agents, according to the top federal prosecutor in Los Angeles. Continue reading...
ACT independent David Pocock is calling for a 25% tax on gas exports to fund welfare and housing. Follow today’s news liveGet our breaking news email, free app or daily news podcastLabor should use the proceeds of limiting tax concessions for property investors and a crackdown on gas export profits to fund welfare increases and build housing, charities and social service groups say.Ahead of next month’s federal budget, the Albanese government is under pressure to wind back negative gearing rules and the 50% capital gains tax discount for property investments, and to tax more of the profits from soaring commodity exports, pushed up by the global energy shock.People on the lowest incomes are skipping meals, delaying medical care and rationing energy just to get by.Frontline services are operating at capacity, facing growing demand and increasingly complex needs. Current policy settings are not meeting the needs of our communities – it’s clear that significant and sustained public investment is essential. Continue reading...
Trump says cargo ship tried to get past US naval blockade near strait of Hormuz ‘and it did not go well for them’The US military took custody of an Iranian-flagged container ship that attempted to get past an American blockade near the strait of Hormuz, Donald Trump announced on Sunday.In a social media post, Trump said that an “Iranian-flagged cargo ship named TOUSKA” tried to get past the US naval blockade, “and it did not go well for them”. Continue reading...
Exclusive: deputy PM says UK will not join Iran conflict despite Trump’s sometimes ‘incomprehensible’ social-media barbsDonald Trump’s insults towards Keir Starmer are “small and petty” and designed to put pressure on the prime minister to change his position on Iran, David Lammy has said, as he insisted the UK would not get dragged into the conflict.The deputy prime minister argued the US president should be able to “disagree agreeably” with allies rather than publishing attacks on social media, and that US actions had “made things worse, not better” as far as global instability was concerned. Continue reading...
• Global financial markets experienced significant volatility during April 12-18, 2026, driven by geopolitical tensions impacting commodity prices.
• Oil prices surged higher amid international tensions, affecting energy stocks and broader market sentiment across equities and bonds.
• India's retail investor base continues reshaping capital markets, contributing to shifts in the financial landscape alongside global macroeconomic pressures.
• ICICI Bank reported Q4 FY26 net profit of ₹12,949 Cr, surpassing street estimates and bringing annual profit to ₹50,000 Cr milestone.
• The bank declared a ₹12 dividend per share, signaling confidence in its financial performance and shareholder returns.
• Strong Q4 results reflect robust performance in India's banking sector amid evolving market conditions.
• Netflix reported earnings that missed analyst estimates, yet broader market indices maintained record highs as investor focus remained on Iran ceasefire developments and energy market normalization.
• The streaming giant's earnings disappointment was overshadowed by positive sentiment around geopolitical deescalation and reduced energy price pressures benefiting the wider market.
• Market participants are weighing mixed corporate earnings results against macro-level improvements in global risk sentiment and supply chain stability.
• Stocks surged following the reopening of the Strait of Hormuz amid a 10-day Israel-Lebanon ceasefire and President Donald Trump's blockade measures, signaling reduced energy supply constraints.
• The market reaction reflects investor optimism over improved shipping lanes and normalized energy flows, with financial commentators attributing the gains to Trump's diplomatic efforts.
• The reopening of this critical global shipping chokepoint addresses a major source of market volatility tied to Middle East tensions.
• S&P 500 futures rose 0.2% and the benchmark notched back-to-back record highs as growing speculation that a deal to end the US-Iran war is nearing prompts traders to take on more risk.
• The index is on course for a third week of gains exceeding 3%, with the S&P up nearly 8% month to date, marking a stunning reversal following mounting signs of US-Iran deescalation.
• The market rally reflects relief over potential resolution of the conflict that has roiled energy markets, with traders increasingly positioning for a ceasefire outcome.
• Oil prices dropped significantly, providing tailwinds for technology companies as lower energy costs reduce operational expenses and improve profit margins across the sector.
• Constellation Research founder R 'Ray' Wang discussed the direct relationship between Big Tech performance and oil and gas pricing, highlighting how the energy market collapse supports tech stock rebounds.
• The decline in energy costs removes a key headwind for capital-intensive tech operations and data centers, contributing to the broader market rally.