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Kevin M. Warsh, at his confirmation hearing to lead the Federal Reserve, sought to dispel doubts that he would yield to President Trump's demand for lower rates.
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;Resize=(620)) Iran fired on three ships in the Strait of Hormuz on Wednesday, underscoring the ongoing threat to global energy supplies and complicating efforts to bring it and the United States together for talks to end the war.
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The airline is the latest to cut flights as the US-Israel war with Iran sends jet fuel prices soaring.
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;Resize=(620)) An Israeli strike on a village in south Lebanon killed one person during a 10-day ceasefire, according to Lebanon's state-run National News Agency, ahead of scheduled talks between Israeli and Lebanese officials in Washington on Thursday.
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Three vessels came under fire in the Strait of Hormuz, after the U.S. and Iran failed to meet in Pakistan for talks to end the war and as President Trump extended the ceasefire but kept the blockade.
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European stocks were lower on Wednesday as traders assessed the Iran ceasefire extension, economic updates and a flurry of corporate earnings.
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;Resize=(620)) Currently a vice-president of hardware engineering with Apple, Ternus has overseen the product design of much of the company's tech, from AirPods to the Macbook Neo. But Apple has struggled on the AI front in recent years, and how Ternus will approach it remains a question.
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Mexican President Claudia Sheinbaum said she was unaware of the operation and demanded an explanation.
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The change, which allows Japanese companies to sell arms to 17 countries, is a major shift from the nation's pacifist stance and comes at a time of heightened security concerns in the region.
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ABC News technology reporter Mike Dobuski talks about the company's current head of hardware, John Ternus.
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European stocks traded broadly lower on Tuesday as investors try to gauge the direction of efforts to end the U.S.-Iran war.
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Apple CEO Tim Cook's move to executive chair spurred commentary from tech leaders Sam Altman and Palmer Luckey, as well as Warren Buffett.
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