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Oil drops below $100 on hopes of US-Iran deal to open Hormuz

Oil prices plunged below $100 a barrel on Monday and stock markets rallied as investors raised their expectations of a reopening of the Strait of Hormuz following signs that Washington and Iran were edging closer to a deal.

Oil plunges below $100 on hopes of US-Iran Hormuz deal

Oil prices dropped back below $100 a barrel on Monday and stock markets rallied as investors raised expectations of a reopening of the Strait of Hormuz following signs that Washington and Iran were edging closer to a deal.

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Redwood AI Announces Enhanced AI Models, Increasing Evaluated Chemical Reactions Following Preliminary Results from UBC Collaboration

VANCOUVER, BC / ACCESS Newswire / May 1, 2026 / Redwood AI Corp. (CSE:AIRX)(OTCQB:RDWCF)(Frankfurt:Y0N, WKN: A422EZ) ("Redwood" or the "Company") is pleased to announce preliminary results from a research initiative, conducted in collaboration with Professor Jolene Reid at the University of British Columbia ("UBC"), aimed at enhancing Reactosphere (the "Platform"), the Company's AI-driven chemical synthesis platform. The initiative has produced new models designed to complement Redwood's conventional AI models, expanding the platform's evaluated chemical reaction universe from approximately 4 million training examples to more than 21 million examples, a 425% increase. Redwood believes these early results are important because they point toward a more advanced synthesis platform that could give clients stronger predictive insight, and a better ability to assess synthetic routes before committing time and resources in the lab.

HotelPORT Launches EnGAIgeVIEW(TM), an AI-Powered Guest Engagement Platform Anchored in PropertyVIEW(R)

MIAMI BEACH, FL / ACCESS Newswire / May 1, 2026 / HotelPORT® today announced the launch of EnGAIgeVIEW™, an AI-powered guest engagement platform anchored in PropertyVIEW™, the hospitality industry's source of truth for verified hospitality content. Developed by BIG Tech Group, the platform introduces a new standard for real-time, intelligent guest interaction across voice, text, and chat.

Gladstone Alternative Income Fund Announces Monthly Cash Distribution for May 2026

MCLEAN, VA / ACCESS Newswire / May 1, 2026 / Gladstone Alternative Income Fund ("Gladstone Alternative" or the "Fund") announced today that its board of trustees declared monthly cash distributions to shareholders for the month of May. The May distribution amount is $0.001967 per calendar day for each issued and outstanding Class A share, Class C share, and Class I share for the period beginning May 1, 2026 and ending May 31, 2026 (for shareholders who own shares all 31 days in May, the distribution will total approximately $0.061 per share). Based on net asset values per share as of April 30, 2026, the May distribution amount represents an annualized distribution rate of 7.19% for Class A shares, 7.27% for Class C shares, and 7.17% for Class I shares. The distributions will be paid on May 29, 2026 for Dividend Reinvestment Plan ("DRIP") participants and June 1, 2026 for non-DRIP participants.

SMX Turns Trust Into Proof: Why the Next Global Economy Will Run on Verified Materials, Not Claims

NEW YORK CITY, NY / ACCESS Newswire / May 1, 2026 / SMX (NASDAQ:SMX)(NASDAQ:SMXWW) is redefining the role of trust in global commerce-moving it from a matter of belief to something that can be proven at the material level.

SeatSearch Announces Public Launch of Ticket Comparison Platform

PARRISH, FL / ACCESS Newswire / May 1, 2026 / SeatSearch has launched a ticket comparison platform designed to address fragmentation in the live event ticketing market. Consumers purchasing tickets for the same concert or game often encounter varying prices, fee structures, and inventory across marketplaces, requiring manual comparisons across multiple sites.

SDLG Showcases Full Range at Agrishow Brazil

LINYI, CN / ACCESS Newswire / May 1, 2026 / From April 27 to May 1, 2026, Agrishow, the largest agricultural event in Latin America, was held at the Ribeirão Preto Exhibition Center in Brazil. Under the theme "Full Range, For Brazil", SDLG showcased its full range of products at Booth F18a, comprehensively demonstrating its strong capabilities in agricultural application scenarios, and bringing efficient and reliable solutions to Brazil and the broader Latin American market.

SMX Redefines Luxury: In a Market Built on Story, Only Provenance Makes It Real

NEW YORK, NY / ACCESS Newswire / May 1, 2026 / SMX (NASDAQ:SMX; SMXWW) is bringing a new level of verification to the global luxury market, where authenticity, provenance, and brand integrity are no longer marketing claims-they are business-critical requirements.

SMX Takes Aim at the Affordability Crisis: Verified Recycled Plastics Can Help Keep Everyday Products Within Reach

NEW YORK CITY, NY / ACCESS Newswire / May 1, 2026 / SMX (NASDAQ:SMX)(NASDAQ:SMXWW) is advancing a new affordability model for consumer goods by showing that rising material costs do not have to automatically translate into higher prices at the shelf.

It’s Time to Make "Made in America" Great Again - With Proof Built Into the Materials Themselves

NEW YORK CITY, NY / ACCESS Newswire / May 1, 2026 / SMX (NASDAQ:SMX, SMXWW) is redefining what "Made in America" can mean in a global economy where origin claims, supply chains, materials, and compliance standards are under more scrutiny than ever.

A New Wellness Experience Arrives in Midland as Glo Tanning Opens May 2

MIDLAND, TX / ACCESS Newswire / May 1, 2026 / Glo Tanning announces the opening of its newest location in Midland, Texas, on May 2, bringing its signature blend of skincare, wellness, and tanning services to the community.

Cornerstone Speaking and Coaching Launches Intentional Living and Entrepreneur Burnout Recovery Program for Small Business Owners Who are Generating Revenue But Running on Empty

WASHBURN, ND / ACCESS Newswire / May 1, 2026 / Ryan Botner of Cornerstone Speaking and Coaching is addressing one of the most common and least-discussed challenges facing entrepreneurs across North Dakota and the Midwest: the experience of outward success alongside inward emptiness, and the practical, faith-grounded path from grinding without purpose to building with intention.

SMX Gives Silver a Permanent Digital Identity as Global Markets Demand Proof, Traceability, and Trust

NEW YORK CITY, NY / ACCESS Newswire / May 1, 2026 / SMX (NASDAQ:SMX; SMXWW), a leader in material-embedded identity and digital traceability solutions, advances molecular marking technology for silver, creating a new standard for how one of the world's most trusted metals can be authenticated, traced, and protected across increasingly complex global supply chains.

Pantheon Resources PLC Announces Blocklisting Interim Update

LONDON, UK / ACCESS Newswire / May 1, 2026 / Pantheon Resources plc ("Pantheon" or the "Company"), the oil and gas company developing the Kodiak and Ahpun projects located in close proximity to pipeline and transportation infrastructure on Alaska's North Slope, provides the following update in accordance with Schedule Six of the AIM Rules for Companies regarding its existing block listing arrangements.

Allied Universal's Steve Jones Wins 2026 Transformative CEO Award from CEO Forum Group

Company Selected as a Top 10 Business in America

Formerra Appoints Matt Borowiec as Chief Commercial Officer

CLEVELAND, OH / ACCESS Newswire / May 1, 2026 / Formerra, a leading distributor of performance materials, today announced the appointment of Matt Borowiec as Chief Commercial Officer (CCO). Borowiec will lead the company's commercial organization to support continued growth and global expansion while strengthening sales execution and customer success.

Vertosoft LLC Recognized with the 2026 OpenGov High-Performance Innovation Partner Award

LEESBURG, VA / ACCESS Newswire / May 1, 2026 / Vertosoft has been recognized with the 2026 OpenGov High-Performance Innovation Partner Award at OpenGov's annual conference in Chicago.

Global Experts call for Paradigm Shift in Medicine, Health and Education to Save Lives and Fight Escalating Health Crisis

INNSBRUCK, AUSTRIA / ACCESS Newswire / May 1, 2026 / A global consortium of 64 experts (72 entities, 5 continents) unveiled two coordinated consensus plus policy brief reports, outlining a science‑driven roadmap to confront escalating health crises and to tackle the growing burden of noncommunicable diseases (NCDs-including cardiovascular diseases, cancer, diabetes, etc.: 75% of global deaths; 82% in low-/middle income countries; 90% of all death in European region).

Kingsway to Report Financial Results for First Quarter 2026 on Thursday, May 7, 2026

CHICAGO, IL / ACCESS Newswire / May 1, 2026 / (NYSE:KFS) Kingsway Financial Services Inc. ("Kingsway" or the "Company"), the only publicly-traded US company employing the Search Fund model to acquire and build great businesses, today announced that it will report financial results for the three months ended March 31, 2026, after the close of trading on Thursday, May 7, 2026.

Marwynn Holdings Announces Strategic Expansion into Battery Recycling Infrastructure with Plans for EcoLoopX Black Mass Production Facility

IRVINE, CA / ACCESS Newswire / May 1, 2026 / Marwynn Holdings, Inc. (Nasdaq:MWYN) today announced a major evolution of its EcoLoopX platform with plans to develop its first physical processing facility dedicated to the production of "Black Mass" - a critical intermediate material in the lithium-ion battery recycling value chain.

Supreme Court Case Could Change How the IRS Collects Civil Penalties - Clear Start Tax Explains What Hirsch v. US Tax Court Means for Taxpayers

A pending Supreme Court petition could reshape IRS penalty enforcement by testing whether taxpayers have a constitutional right to a jury trial before civil penalties are imposed.

GPOPlus+ Publishes Updated Investor Memorandum Detailing Three Year Operating History and Path to Scale

The Company provides a comprehensive public update on its DSD distribution model, PRISM+ AI technology platform, operating milestones, capital strategy, and risk factors

Ares Management Announces First Quarter 2026 U.S. Direct Lending Origination Activity

Approximately $9.5 Billion in New Commitments Closed in the First Quarter and Approximately $53.0 Billion Closed in the 12 Months Ended March 31, 2026

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Oil slumps after hitting peak, US indices reach new records

Oil prices struck a four-year high Thursday on worries about a resumption of hostilities in the Middle East, before slumping to end the day.

Venezuela leader hikes minimum wage package by 26%

Venezuela's acting president Delcy Rodriguez on Thursday hiked the minimum wage package by 26.3 percent, to $240, in an attempt to quell growing discontent over difficult living conditions.

Bangladesh signs biggest-ever plane deal for 14 Boeings

Bangladesh on Thursday signed a deal with US aircraft manufacturer Boeing to buy 14 planes for its national carrier Biman Bangladesh Airlines, the two sides announced -- the airline's biggest-ever order, in a deal valued at $3.7 billion.

Venezuela opens arms to world with Miami-Caracas flight

A relaunched Miami-Caracas flight after seven years of a standstill is paving the way for Venezuela to reclaim its status as a bustling aviation hub.

US Congress votes to end record government shutdown

The US Congress on Thursday approved funding for most of the Department of Homeland Security (DHS), ending a record-breaking partial government shutdown that has disrupted critical agencies for more than two months.

First direct US-Venezuela flight in years arrives in Caracas

The first direct flight between the United States and Venezuela in seven years landed Thursday in Caracas, a new sign of a thaw after Washington deposed leftist leader Nicolas Maduro.

Oil strikes 4-year peak, stocks rise

Oil prices struck a four-year high on Thursday on worries over a resumption of hostilities in the Middle East, while US and European stock markets mostly rose as investors turned to central bank decisions and corporate earnings.

ECB warns of risks from Mideast war as it holds rates

The European Central Bank held interest rates steady on Thursday and warned of growing risks to the growth and inflation outlook thanks to the war in the Middle East.

Iran's supreme leader defies US blockade as oil prices soar

Iran's supreme leader declared Thursday that the United States had suffered a shameful defeat, defiantly rejecting a warning from President Donald Trump that an economically-punishing US naval blockade could be enforced for months to come.

American Marconi Wireless News - Economy (English)