Optimism over Strait of Hormuz drives markets higher

Optimism over Strait of Hormuz drives markets higher – CBS News Watch CBS News The announcements from President Trump and Iran that the Strait of Hormuz is open sent oil prices plunging and stocks soaring on Friday. CBS News MoneyWatch correspondent Kelly O’Grady has more.

Ford Recalls 1.4M F-150 Pickup Trucks: What to Know | National News

Ford Motor Co. is recalling around 1.4 million F-150 pickup trucks in the United States after a National Highway Traffic Safety Administration investigation uncovered a gearshift issue in the vehicles. The NHTSA report cites unexpected downshifts that potentially led to two injuries and one accident. The recall is for Ford F-150 trucks produced between March …

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Watch: Congressman spars with RFK Jr. about Trump’s mental fitness

Democratic Rep. Mark Takano of California sparred with HHS Secretary Robert F. Kennedy Jr. about President Trump’s mental fitness. Takano asked Kennedy whether he would insist that the president undergo an assessment of his mental fitness and emotional stability, to which the secretary responded, “Absolutely not.”

US Approves Potential $11.9 Billion Sale of Integrated Combat System to Germany

April 17 (Reuters) – ⁠The ⁠U.S. ⁠State Department ​said on ‌Friday it ‌had ⁠approved the ⁠possible sale of integrated ​combat system, ​supporting equipment, and ⁠support to ⁠Germany ⁠for an ​estimated cost of $11.9 ​billion. The ⁠principal contractors ⁠will be Lockheed Martin Corp and ⁠RTX Corp, the State Department said in a statement. (Reporting by ⁠Bhargav …

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Ukraine’s Zelenskiy Calls for Joint Efforts to Set up Hormuz Mission

April 17 (Reuters) – Ukrainian President Volodymyr Zelenskiy ⁠called ⁠on Friday for joint ⁠efforts for an effective mission to ensure freedom ​of navigation in the Strait of Hormuz and said Kyiv’s wartime experience ‌in the Black Sea ‌could help. “Decisions made regarding Hormuz now will determine how other ⁠aggressive ⁠actors perceive the possibility of creating …

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