AP, OpenAI Strike Deal for Election Data

The Associated Press said the OpenAI will license its elections data starting this year through the 2028 election.

Variety

Times of India | US stock markets today (May 27, 2026): Wall Street stays near record highs as easing oil prices lift sentiment

AI generated summary, Read the full article for complete information.

Wall Street hovered near record highs on Wednesday as a sharp decline in crude oil prices eased inflation worries and boosted investor sentiment. The S&P 500 inched up 0.1%, the Dow Jones Industrial Average rose 0.3% (171 points), and the Nasdaq Composite gained 0.1% after the previous session’s record close. Brent fell 3.7% to $95.88 a barrel and U.S. crude dropped 4.5% to $89.72, lifting stocks with high fuel costs such as Norwegian Cruise Line (up 6.8%) and United Airlines (up 6%). Technology shares tied to the AI boom continued their rally, with Micron Technology climbing 2.9% after a 19.3% surge the day before. Retailers also posted gains, led by Bath & Body Works (+14.5%) and Abercrombie & Fitch (+12%) on strong earnings. Conversely, oil majors fell on the price slide, with Exxon Mobil down 2.2% and Chevron down 1.5%, though both remain up about 20% year‑to‑date. Treasury yields slipped, with the 10‑year note at 4.47%, and global markets were mixed—European indexes rose while Asian markets were mixed, highlighted by South Korea’s Kospi jumping 2.3% on a 9.3% surge in SK Hynix driven by AI‑related demand.

Read more: https://timesofindia.indiatimes.com/business/international-business/us-stock-markets-today-may-27-2026-wall-street-stays-near-record-highs-as-easing-oil-prices-lift-sentiment/articleshow/131353138.cms

#AssociatedPress #SP500 #DowJones #NasdaqComposite #MicronTechnology

US stock markets today (May 27, 2026): Wall Street stays near record highs as easing oil prices lift sentiment

Wall Street hovered near record levels on Wednesday as falling crude oil prices eased inflation concerns and boosted investor sentiment, AP reported.

The Times of India

Business | Donald E. Newhouse, newspaper publisher and heir to media empire, dies at 96 by Scott Mayerowitz

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Donald E. Newhouse, the longtime president of Advance Publications and former board chairman of the Associated Press, died at age 96 at his New Jersey home. Over a five‑decade career he oversaw 35 newspapers, guiding the family‑controlled media empire—founded by his father, Samuel Irving Newhouse Sr.—through the shift to the internet while maintaining a hands‑off, editor‑friendly approach that produced multiple Pulitzer prizes. Known for his private demeanor, humor, generosity, and “warm” leadership, Newhouse earned respect from colleagues such as Anna Wintour, former AP chief Louis D. Boccardi, and editors who praised his willingness to fund quality journalism. He served as chairman of the Newspaper Association of America (1993‑94) and chaired the AP board (1997‑2002). Although his conservative strategies left some papers unprepared for digital disruption, his son Steven later expanded the company’s online presence. Newhouse is survived by his sons Steven and Michael, daughter Katherine Mele, grandchildren, and his late wife Susan, who died in 2015.

Read more: https://www.latimes.com/obituaries/story/2026-05-26/donald-e-newhouse-dead-newspaper-publisher-was-96

#DonaldNewhouse #SamuelNewhouse #AdvancePublications #AssociatedPress #StevenNewhouse #MichaelNewhouse #KatherineMele

Donald E. Newhouse dead: Newspaper publisher was 96

During his career, Newhouse served as president of the Star-Ledger in Newark, New Jersey and head of Advance Publications’ newspaper group, which he navigated into the internet age.

Los Angeles Times