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Company reported $111.2bn in revenue in first earnings report after announcement of Cook’s pending departureApple blew past Wall Street expectations in its first earnings report since it announced CEO Tim Cook would be stepping down.Cook reported Apple’s “best March quarter ever” and “double-digit growth across every geographic segment”. He also noted “extraordinary demand for the iPhone17 lineup”. Continue reading...

Bipartisan measure includes funding for Secret Service and TSA, but excludes immigration enforcement operationsPartial government shutdown ends after Congress votes to fund DHS The US House of Representatives has voted to fund much of the Department of Homeland Security – excluding immigration enforcement operations – and end the longest government agency shutdown in history.The deal struck on Thursday aims to draw a line under a 75-day impasse that had threatened airport chaos and exposed fresh strains within the Republican party. Continue reading...

Congress advances Homeland Security funding after Republicans used procedural tool to pass up to $75bn for ICE and border patrolSign up for the Breaking News US email to get newsletter alerts in your inboxA historically long 75-day partial government shutdown has ended after the House voted narrowly to advance funding for the Department of Homeland Security (DHS) following a late-night Republican rally to boost a GOP budget blueprint.The tides turned on Wednesday evening when the House passed the Republican resolution following a last-minute deal over unrelated ethanol fuel provisions that flipped enough holdouts to push it over the line. Continue reading...

Shares in Domino’s Pizza, KFC operator Collins Foods and multi-brand food franchise owner Retail Food Group have all suffered double-digit fallsGet our breaking news email, free app or daily news podcastOnce a symbol of cheap eating, fast food is transforming into a luxury many can no longer afford due to resurgent living costs.This shift is reflected on the ASX, where major pizza, fried chicken and doughnut outlets are seeing significant price drops, raising the question: are consumers so downbeat that they are even giving up on fast food? Continue reading...

Arrest of potential next leader found hiding in drainage pipe highlights renewed tactics – and fears of cartel infightingUS politics live – latest updatesThe golden coffin of “El Mencho”, the late leader of the Jalisco New Generation cartel (CJNG), had barely been lowered into the ground when the Mexican military dealt a second blow to the very top of the organisation this week.As special forces descended on a ranch in the state of Nayarit, grainy drone footage showed El Mencho’s possible successor, Audias Flores, alias “El Jardinero”, being hauled from a drainage pipe he had tried to hide in, all without a shot being fired. Continue reading...

• The Federal Reserve voted to leave the benchmark federal funds rate unchanged at 3.5% to 3.75% on Wednesday, citing concerns about inflation rising amid the war in Iran. • This marks the continuation of the Fed's pause in rate adjustments following three successive 25-basis-point cuts in September, October, and December 2025. • Fed Chairman Jerome Powell is scheduled to hold a press conference at 2:30 p.m. ET to discuss the decision, marking what could be his final interest-rate announcement as Federal Reserve chair.

An Israeli airstrike killed Amal Khalil on Wednesday and injured her colleague in the south of Lebanon. The journalist's colleagues accuse Israel of targeting her deliberately and obstructing first responders from reaching her in time to save her life, which Israel denies.

Federal raids unfold in Twin Cities amid ongoing tensions between the Trump administration and Minnesota officialsSign up for the Breaking News US email to get newsletter alerts in your inboxFederal agents under the command of the Trump administration have descended on Minnesota’s Twin Cities again to primarily target alleged fraud at daycares after the US Immigration and Customs Enforcement’s so-called “Operation Metro Surge” all but wound down earlier in the year.“Today the FBI with federal, state and local law enforcement is involved in court-authorized law enforcement activity as part of an ongoing fraud investigation,” the US justice department told the Guardian in a statement on Tuesday. Continue reading...

Trial is culmination of a years-long feud between Musk and Altman that has become increasingly viciousThe trial pitting Elon Musk against Sam Altman and OpenAI began in earnest on Tuesday with opening arguments, as lawyers for the two tech moguls seek to convince a California jury of their client’s version of the AI company’s history. The trial is set to feature testimony from both billionaires, as well as some of the most powerful executives in the tech industry.Musk argues that Altman, OpenAI and its president Greg Brockman broke a foundational agreement to better humanity when the non-profit pivoted towards a for-profit structure. Musk, who left OpenAI in 2018 after co-founding it with Altman and Brockman three years earlier, also alleges that his co-founders unjustly enriched themselves as the company raised billions of dollars and grew into the AI behemoth it is today. Continue reading...

• Brazilian President announced on Monday a comprehensive enforcement initiative targeting illegal logging and land invasions in the Amazon, deploying 5,000 additional federal agents to protected areas. • The government committed to reducing deforestation rates by 80 percent over the next two years through satellite monitoring and criminal prosecutions of organized trafficking networks. • Environmental groups and the U.S. State Department praised the pledge as a meaningful step toward climate commitments, though skeptics noted enforcement challenges in remote regions.

• The Nasdaq Composite fell 0.48% to 16,240.35 on Monday, April 26, driven by weakness in mega-cap technology stocks including Apple (down 1.2%) and Microsoft (down 0.9%), as investors reassess growth expectations ahead of the Federal Reserve's May meeting. • Treasury yields climbed to 4.35% for the 10-year note amid inflation concerns, pressuring valuations of rate-sensitive tech companies and spurring profit-taking after recent market gains. • The decline reflects growing caution among portfolio managers about earnings sustainability in the second quarter, with earnings guidance from major tech firms expected to dominate trading through early May.

Shareholders including the Church of England back call for protest votes against the bank’s chair NatWest is at risk of an embarrassing showdown at its shareholder meeting this week, as investors and leading scientists call for an urgent reversal of what they describe as “climate backtracking”.Campaigners, including ShareAction, are calling for protest votes against the bank’s chair, Rick Haythornthwaite, at its annual meeting in Edinburgh on Tuesday. Continue reading...

• The United States has suspended a $150 million military aid package to the Philippines following tensions over Manila's softened stance on South China Sea disputes with China. • State Department officials cited the Philippines' decision to reduce joint naval operations in disputed waters as the reason for the suspension, marking a significant shift in regional alliance strategy. • The move reflects US frustration with shifting regional dynamics and concerns that strategic partners may be accommodating Beijing's territorial claims under economic pressure.

Prosecutors say 43 people indicted on charges including murder, kidnapping, extortion and drug traffickingMore than two dozen members and associates of the Mexican mafia were arrested during an early morning crackdown in southern California, federal authorities said on Thursday.The FBI and other federal and local agencies executed search and arrest warrants at locations mostly in Orange county, south of Los Angeles, according to the US attorney’s office. Continue reading...

Bill clears 50–48 vote to boost ICE and CBP funding as Democrats oppose and shutdown continuesUS politics live – latest updatesSign up for the Breaking News US newsletter emailSenate Republicans on Thursday approved a plan to fund Donald Trump’s crackdown on undocumented immigrants for the remainder of his term and pave the way for an end to the ongoing shutdown of the Department of Homeland Security (DHS).The budget resolution adopted along a near party line vote in the early morning hours sets the stage for Congress to craft legislation allocating as much as $140b to Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP), two agencies at the forefront of Trump’s mass deportation agenda that have been without funding since mid-February, when the DHS shutdown began. Continue reading...

• Los Angeles-based SimpleClosure unveiled Asset Hub, a marketplace enabling founders to sell intellectual property, source code, data, and equipment during startup wind-down operations as closures rise across the sector. • The platform addresses investor demand for structured, transparent exit processes that preserve value and minimize operational friction during company shutdowns. • Asset Hub reflects broader industry recognition that failed startups retain valuable IP assets and that organized liquidation marketplaces can recover capital otherwise lost in traditional bankruptcy proceedings.

• The Trump administration will require all 50 states to explain their plans to revalidate Medicaid providers as part of a national escalation of anti-fraud efforts, announced by Dr. Mehmet Oz on Tuesday. • This marks a significant expansion from previous anti-fraud initiatives that have largely focused on specific states rather than a nationwide mandate. • The move aims to strengthen program integrity and reduce fraudulent claims across the Medicaid system.

The case is part of a messy legal dispute about a section of the Line 5 energy pipeline beneath a Great Lakes channelThe supreme court on Wednesday sided with Michigan in ruling that the state’s lawsuit seeking to shut down a section of an ageing pipeline beneath a Great Lakes channel will stay in state court.Justice Sonia Sotomayor wrote for a unanimous court that the Enbridge energy company waited too long to try to move the case to federal court. Continue reading...

Research finds global heating has already lengthened the pollen season in addition to worsening heatwaves and droughtsClimate breakdown has extended the pollen season in the UK and mainland Europe by between one and two weeks since the 1990s, a study has found, adding itchy eyes and runny noses to the harm wrought by fossil fuel pollution.The finding may be less dramatic than the floods and wildfires typically associated with a warming planet but represents a “huge” increase in the combined suffering of tens of millions of people, the researchers say. Continue reading...

• U.S. 30-year fixed-rate conforming mortgage averaged 6.187% on April 21, 2026, down 4 basis points from prior day per Optimal Blue data. • 15-year fixed-rate fell to 5.486%, down 5 basis points, with week-over-week drops up to 31 basis points for some types. • Rates reflect FOMC holding federal funds at 3.50%-3.75% in March, with next meeting April 28-29 potentially influencing trends.

• Iran shot down a US F-15E fighter jet over Iranian territory, representing a major battlefield setback in escalating tensions. • President Trump reacted with hours of intense exchanges with aides, reported by The Wall Street Journal as a full meltdown. • The incident underscores growing military confrontations amid collapsing ceasefire and stalled US-Iran diplomacy.

Victory for abortion rights groups as court finds state’s constitution guarantees a right to abortionA Pennsylvania court on Monday said that the state’s constitution guarantees a right to abortion while striking down a decades-long law banning the use of state Medicaid funds to cover abortion costs.The ruling by a divided seven-judge panel of the appellate-level commonwealth court is a major victory for Planned Parenthood and abortion clinic operators who first sued Pennsylvania over its Medicaid funding restrictions in 2019. Continue reading...

Stephen Heydt says he spoke in a custom-made T-shirt and was ‘charged with two offences: one for the shirt, one for the chanting’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastStephen Heydt woke up on Saturday, put on a T-shirt, hobbled out the door with the aid of a walking stick and spoke at a rally in the middle of Brisbane – where he was promptly arrested by a large and heavily armed contingent of police.For his choice of words and wardrobe, the 73-year-old Jewish clinical psychologist became one of the first people in Queensland charged under new laws designed to crack down on antisemitic hate speech. Continue reading...

Cook, who will assume the role of executive chair, will be succeeded by John Ternus as CEO on 1 SeptemberApple announced on Monday that it had named a replacement for Tim Cook as CEO, with head of hardware engineering John Ternus to succeed him. Cook will stay at the company in the role of executive chair.“It has been the greatest privilege of my life to be the CEO of Apple and to have been trusted to lead such an extraordinary company. I love Apple with all of my being,” Cook said in a press release. Continue reading...

Greens criticise premier’s ‘extraordinary attack’ on judiciary and urge him to accept he ‘got it wrong’Get our breaking news email, free app or daily news podcastThe New South Wales premier has doubled down on an anti-protest law struck down in the state’s highest court last week, defending the legislation introduced by his government as “rational and proportionate”.But advocates for protesters charged at demonstrations restricted under the laws have criticised Chris Minns’ comments, calling them a “extraordinary attack” on the judiciary. Continue reading...

• A partial U.S. government shutdown continues, with furloughed federal workers facing delayed paychecks amid congressional deadlock on funding. • The standoff centers on Department of Homeland Security (DHS) appropriations, affecting air travel and federal operations. • Senators discuss a potential deal pairing government funding with long-term bills and a vote on health care tax credit extensions.

As fossil fuel prices soar ‘the era of clean energy security must come of age’, energy secretary will sayEd Miliband will double down on Labour’s commitment to net zero in the face of the Middle East conflict this week, insisting that as fossil fuel prices soar “the era of clean energy security must come of age”.The energy secretary is set to announce a package of new policies in a speech on Tuesday in response to an expected energy crisis prompted by Donald Trump’s war with Iran. Continue reading...

Senior government figures fear decision to appoint former ambassador to US could cost PM his leadership Keir Starmer will deliver a high-stakes statement to MPs on Monday as he struggles to overcome fears inside his government that the Peter Mandelson vetting scandal could yet cost him his leadership.In what is set to be a dramatic showdown, the prime minister will set out how Mandelson was able to take up his role as UK ambassador without the Foreign Office revealing it had overruled the decision to fail his vetting. Continue reading...