2026-05-05
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Published by Capital Client Group, Inc. Iran strikes a key oil port and attacks U.S. Warships and commercial ships,
testing a shaky Middle East ceasefire.
Plus, Amazon is making its shipping and logistics network available for hire.
Amazon has built the supply chain for itself as a major online retailer.
And now this move will in earnest put it up against some of the largest third-party logistics companies in the world.
And demand is rising for actively managed ETFs.
And so are the fees for BlackRock and other asset managers.
It's Monday, May 4th.
I'm Sabrina Siddiqui for The Wall Street Journal, filling in for Alex Ossola.
This is the PM edition of What's News, the top headlines and business stories that move the world today.
We start our show today with the Middle East.
Fighting in the Iran conflict has flared up again after weeks of relative calm.
And that's straining a ceasefire that was already fragile.
The United Arab Emirates reported missile and drone attacks on its key oil hub,
while U.S. Military forces intervened to protect commercial shipping in the region.