LOS ANGELES — Luka Doncic will not represent Slovenia in the FIBA World Cup Qualifiers this summer, prioritizing rehabilitation from a hamstring injury and time with his two daughters.

NBA insider Marc Stein reported on May 21, 2026: “Sources close to Lakers star Luka Doncic have reiterated to @TheSteinLine that nothing has changed from his recent statement below: He is not playing for his national team this summer in FIBA World Cup qualifying to spend as much of his offseason as possible with his daughters.”

The 27-year-old guard missed the Lakers’ second-round playoff series against the Oklahoma City Thunder due to the hamstring injury. Los Angeles was swept in the series.

Doncic spent the previous offseason improving his conditioning. This summer he will focus on recovering from the injury that sidelined him during the postseason.

He has consistently represented Slovenia in international competitions. In the 2025 EuroBasket, he led the tournament in scoring with 34.7 points per game and was named to the All-Tournament Team. Slovenia was eliminated in the quarterfinals.

Doncic is currently involved in a custody battle with his former fiancée, Anamaria Goltes, over their two daughters. The couple got engaged in 2023 and separated in March 2026.

The Lakers were eliminated in the second round of the 2026 playoffs. The team needed Doncic’s presence but he was unable to return in time.

Doncic has not made additional public comments beyond the statement relayed through sources. He is expected to focus on rehabilitation and family time during the offseason.

The six-time All-Star averaged strong numbers during the regular season before the injury. His absence was a significant factor in the Lakers’ early playoff exit.

Slovenia’s FIBA World Cup Qualifiers are scheduled for July. Doncic’s decision leaves the national team without its leading scorer.

The guard’s commitment to family comes amid ongoing personal matters. He has emphasized spending time with his daughters this summer.

Doncic joined the Lakers in a major trade earlier in the 2025-26 season. His partnership with LeBron James created high expectations for the franchise.

The hamstring injury occurred late in the regular season. Recovery timelines for such injuries vary depending on severity.

The Lakers have not issued further statements on Doncic’s summer plans. The organization is expected to support his rehabilitation process.

Doncic’s international career has included multiple appearances for Slovenia since his teenage years. His absence from the qualifiers marks a departure from previous commitments.

As the NBA offseason begins, Doncic’s focus remains on returning healthy for the 2026-27 season. The Lakers will look to build around him and James.

No specific timeline for his return to full basketball activities has been provided. Medical updates will likely come through the Lakers.

The custody situation with his daughters continues. Details remain private, but the family matter influences his summer schedule.

Doncic’s decision prioritizes personal recovery and family responsibilities. He aims to be fully prepared for the upcoming NBA season.

The basketball community continues to monitor his progress. Fans and analysts await updates on his health and future plans with the Lakers.

NEW YORK — An Air India Airbus A320 operating as Flight AI2802 from Bengaluru to Delhi declared a full emergency on Thursday night, May 21, 2026, after the cockpit crew received an alert indicating a possible engine fire.

The aircraft, carrying 171 passengers, landed safely at Delhi’s Indira Gandhi International Airport. Air India confirmed the incident and stated it is investigating the cause of the engine fire alert.

The flight was approaching Delhi when the alert occurred. The crew followed standard emergency procedures, and the plane touched down without further incident. No injuries were reported among passengers or crew.

This event marks the second safety incident involving an Air India aircraft within a single day. Earlier on May 21, another Air India plane suffered a tailstrike while landing in Bengaluru. Details of that incident, including the aircraft type and extent of damage, were not immediately released by the airline.

Air India has not provided additional specifics about the engine fire alert on Flight AI2802, such as which engine triggered the warning or whether smoke or flames were visible. The airline emphasized that the aircraft landed safely and all passengers disembarked normally.

The Directorate General of Civil Aviation (DGCA), India’s aviation regulator, is expected to review both incidents. Air India stated it is cooperating fully with authorities.

Flight AI2802 was an Airbus A320, a narrow-body aircraft commonly used for domestic routes in India. The A320 family has a strong safety record overall, though individual incidents are investigated thoroughly.

Air India, now part of the Tata Group, has been undergoing a major fleet modernization and operational improvement program in recent years. The airline operates both domestic and international flights with a mix of Airbus and Boeing aircraft.

Passengers on Flight AI2802 were not immediately available for comment. No videos or photos from inside the cabin during the emergency have surfaced publicly.

The back-to-back incidents have drawn attention to Air India’s operations. The airline has faced scrutiny in the past over safety and maintenance standards, though it has worked to improve its reputation following privatization.

India’s aviation sector has grown rapidly, becoming one of the world’s busiest domestic markets. Increased flight volumes have placed pressure on airlines, airports and regulators to maintain high safety standards.

The DGCA requires airlines to report all significant safety events. Investigations into engine fire alerts typically examine sensor data, engine performance logs and maintenance records.

No official cause has been determined for the May 21 engine alert. Technical crews at Delhi likely performed detailed inspections after the landing.

Air India operates hundreds of daily flights across India and internationally. Thursday’s incidents represent a rare occurrence of two events on the same day.

The tailstrike in Bengaluru involved an aircraft landing, a maneuver where the tail section contacts the runway. Such incidents can cause structural damage but are often survivable if handled correctly by the crew.

Air India has not released the flight number or aircraft details for the Bengaluru tailstrike as of May 22. Both events are under review.

Aviation safety experts note that emergency declarations, while serious, are designed to ensure the highest level of preparedness from ground services. Fire trucks and emergency personnel typically stand by during such landings.

Passengers on Flight AI2802 were reportedly calm during the final approach. The safe landing prevented what could have been a more serious situation.

This is not the first time Air India has faced emergency landings. In 2024 and 2025, the airline experienced several technical incidents that drew media attention.

The Tata Group has invested heavily in modernizing Air India’s fleet and training programs since acquiring the carrier. New aircraft deliveries and enhanced maintenance protocols are part of the long-term plan.

As of May 22, 2026, both aircraft involved in Thursday’s incidents remain grounded for inspections. Air India is working to minimize disruptions to its schedule.

The DGCA has not issued any immediate operational restrictions on Air India. Routine safety audits continue across the industry.

Aviation incidents in India are monitored closely due to the country’s large and growing air travel market. The Ministry of Civil Aviation oversees regulatory compliance.

No passengers or crew required medical attention after the Delhi landing. The airline provided standard support services to those on board.

Air India’s statement on the incident was brief: “Flight AI2802 from Bengaluru to Delhi landed safely following an engine fire alert. The airline is investigating the matter.”

Further updates are expected as the investigation progresses. The DGCA typically releases preliminary findings within days or weeks for significant events.

The dual incidents on May 21 have prompted discussions about airline maintenance practices and pilot training. However, no official conclusions have been reached.

Air India continues normal operations on most routes. Passengers are advised to check flight status for any potential delays related to aircraft inspections.

The safe resolution of Flight AI2802 prevented potential harm to 171 people on board. Emergency procedures functioned as designed.

India’s aviation regulator maintains strict oversight. All commercial aircraft undergo regular maintenance checks in accordance with international standards.

The events of May 21 serve as a reminder of the importance of robust safety protocols in commercial aviation. Both incidents are under active review by authorities and the airline.

NEW YORK — The Dow Jones Industrial Average climbed 356.34 points, or 0.71%, to a record close of 50,642.00 on Thursday, May 21, 2026, as technology shares advanced and investors grew more confident about the Federal Reserve’s path for interest rates.

The blue-chip index surpassed the 50,000 milestone for the first time in afternoon trading and held gains into the close. It was the Dow’s strongest daily percentage gain in more than three weeks.

Gains were led by technology and industrial components. IBM rose more than 3.8% after positive sector momentum from quantum computing funding news. Other Dow members including Goldman Sachs, UnitedHealth and Caterpillar contributed to the advance.

The S&P 500 rose 0.52% and the Nasdaq Composite gained 0.68%. The broader market rally reflected relief after recent volatility tied to oil prices and geopolitical developments.

Bond yields eased slightly. The 10-year Treasury yield fell to around 4.35%, reducing pressure on rate-sensitive sectors. Investors priced in a higher probability of Federal Reserve rate cuts later in 2026.

Oil prices moderated after earlier gains. Brent crude settled near $78 per barrel, easing inflation concerns that had weighed on markets earlier in the week.

The session followed mixed economic data. Initial jobless claims and manufacturing indicators came in largely as expected, supporting the view that the economy remains resilient without overheating.

Technology stocks benefited from renewed optimism around artificial intelligence and quantum computing. The sector has been a key driver of the Dow’s climb toward the 50,000 level in recent months.

The Dow Jones Industrial Average, which tracks 30 large U.S. companies, has now gained more than 12% year-to-date. It first approached the 50,000 mark in April 2026 before pulling back on inflation worries.

Analysts noted strong corporate earnings as a supporting factor. Several major companies reported results that beat expectations in recent weeks, boosting investor confidence.

Trading volume was above average as the Dow crossed the psychological 50,000 barrier. Market participants celebrated the milestone on trading floors and social media.

The record close came despite ongoing geopolitical tensions in the Middle East. Investors appeared to focus more on domestic economic signals and corporate performance than on international risks.

Federal Reserve officials have signaled caution in recent speeches but left the door open for rate adjustments if inflation continues to moderate. Markets now price in two to three rate cuts by the end of 2026.

Sector performance was mixed but tilted positive. Energy stocks lagged as oil prices eased, while financials and consumer discretionary names posted solid gains.

International markets showed varied results. European indices closed higher, while Asian markets were mixed in overnight trading. The U.S. dollar strengthened modestly against major currencies.

Gold prices dipped slightly as risk appetite improved. Bitcoin and other cryptocurrencies traded with modest gains amid broader market optimism.

The Dow’s composition favors established industrial and financial companies, making its record less dependent on high-growth tech names than the Nasdaq. Still, technology exposure through companies like IBM helped drive the session.

Year-to-date, the Dow has outperformed some expectations as the economy has avoided recession fears. Corporate America has shown resilience despite higher interest rates for much of the past two years.

Economists continue to monitor consumer spending, housing data and manufacturing trends. The upcoming Memorial Day weekend is traditionally a key period for retail and travel activity.

No major corporate earnings were scheduled for release after the market close on May 21. Focus now shifts to next week’s data releases, including revised GDP figures and personal consumption expenditures.

The milestone crossing of 50,000 has drawn comparisons to previous Dow records. The index first hit 1,000 in 1972, 10,000 in 1999, 20,000 in 2017 and 30,000 in 2020. The rapid climb above 40,000 and now 50,000 reflects strong post-pandemic recovery.

Market strategists cautioned that record highs do not guarantee continued gains. Valuations remain elevated in some sectors, and external risks such as trade policy and geopolitical events could influence future direction.

The Dow’s performance on May 21 underscored investor confidence in U.S. corporate strength. As the trading week concludes, attention turns to whether the momentum can carry into the holiday-shortened week ahead.

NEW YORK — GameStop Corp. (NYSE: GME) shares traded at $22.43, down 0.06 or 0.27%, in early trading on Friday, May 22, 2026, as the video game retailer continued efforts to increase its influence at eBay following a rejected $56 billion acquisition proposal.

The company has raised its stake in eBay to approximately 6.55% from about 5%, according to recent filings. Chairman and CEO Ryan Cohen has been vocal about his vision for combining the two companies despite eBay’s board rejecting the unsolicited offer.

eBay’s board called the proposal “neither credible nor attractive” when it was announced earlier in May. GameStop offered $125 per share in a half-cash, half-stock deal. Cohen has criticized eBay’s leadership, stating the company is “run by a bunch of losers” with “perverse financial incentives.”

GameStop reported fiscal fourth-quarter and full-year 2025 results on March 24, 2026. Net sales for the quarter ended Jan. 31, 2026, were $1.104 billion. For the full year, net sales totaled $3.630 billion. The company has been shifting focus toward collectibles, technology initiatives and strategic investments.

The next earnings report for the first quarter of fiscal 2026 is scheduled for June 9. Analysts expect modest adjusted earnings per share.

GameStop maintains a strong cash position with no long-term debt. It has used its balance sheet for share buybacks in the past and strategic investments, including the growing position in eBay.

Market capitalization stood near $10 billion. The stock has shown meme-stock characteristics with periods of high volatility and retail investor attention, though movements have moderated compared to 2021 levels.

Cohen, who previously founded Chewy, has driven GameStop’s transformation efforts beyond traditional retail. He has emphasized operational efficiency, inventory management and exploring new revenue streams.

The eBay stake increase signals continued pressure from Cohen despite the board’s rejection. GameStop has not ruled out further actions, including potential shareholder campaigns or additional proposals.

No new updates on the eBay situation were released on May 22. Trading volume remained active in morning sessions as investors monitored developments.

GameStop operates hundreds of stores across the U.S. and internationally. It sells video games, hardware, collectibles and merchandise while expanding e-commerce and digital initiatives.

Analysts have mixed views on the long-term strategy. Some see potential in diversification and activist moves, while others question the feasibility of major acquisitions amid competition from larger e-commerce platforms.

The stock’s 52-week range has been approximately $19.93 to $35.81. Year-to-date performance reflects ongoing speculation around strategic initiatives and Cohen’s leadership.

GameStop has approximately 120,000 employees. The company continues to adapt to industry shifts toward digital downloads while growing its physical and collectibles business.

Short interest and options activity remain notable for GME, consistent with its trading profile. The stock continues to attract both institutional and retail investors.

No dividend has been declared in recent periods. The company prioritizes operational flexibility and potential strategic opportunities.

Investors will watch the June 9 earnings report for updates on Q1 performance, the eBay situation and any further strategic moves. Management is expected to provide commentary on the transformation plan.

The broader retail and gaming sectors face challenges from economic uncertainty and changing consumer habits. GameStop has positioned itself as a destination for gaming enthusiasts and collectors.

Cohen’s activist approach has kept GameStop in the spotlight. His $56 billion eBay proposal, though rejected, has fueled ongoing speculation about future corporate actions.

As of May 22 morning, no official response from eBay to the increased stake has been reported. The situation remains fluid as both companies navigate their respective strategies.

GameStop’s focus remains on delivering shareholder value through operational improvements and selective investments. The coming weeks will be critical as the company navigates the evolving retail landscape.

A Costco-exclusive patio swing is being recalled after multiple reports that the seat detached while consumers were using it, causing injuries and posing what federal safety officials called a risk of “serious injury or death.”

World Bright International Limited is recalling about 18,500 Agio Menlo Woven Patio Swings, according to a recall notice posted by the U.S. Consumer Product Safety Commission on May 14.

The recall involves Agio Menlo Woven Patio Swings with model number 1934256 that were sold exclusively at Costco stores nationwide and online at Costco.com from February 2026 through March 2026 for between $549 and $649.

POPULAR COSTCO KITCHEN GADGET RECALLED AFTER FIRE HAZARD LEAVES PERSON BURNED

There have been at least eight reports of swing seat detachments. (CPSC / FOXBusiness)

According to the recall notice, the swing seat can detach from the frame while in use, creating a fall hazard.

The company has received eight reports of the swing seat detaching from the frame, resulting in eight reported injuries, including impact injuries to consumers’ heads and arms.

The old open s-hooks are being replaced as part of the recall. (CPSC / FOXBusiness)

The recalled swings feature a black metal frame and swing arms, a fabric canopy and a padded brown outdoor wicker seat. The swing frame measures about 75 inches high, 71 inches wide and 48 inches deep.

Consumers are being urged to immediately stop using the recalled patio swings and contact World Bright International Limited for a free repair kit that includes replacement hooks and installation instructions.

Consumers are eligible to receive a free repair in the form of replacement hooks. (CPSC / FOXBusiness)

Consumers can contact the company toll-free at 888-383-1932 from 9 a.m. to 7 p.m. ET Monday through Friday, by email at recall@agioliving.com, or online at agioliving.com/pages/recall/patioswing for additional information.

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The swings were manufactured in China and imported by Costco Wholesale Corporation, based in Issaquah, Washington.

NEW YORK — Infleqtion Inc. (NYSE: INFQ) shares rose sharply in morning trading Friday, May 22, 2026, climbing $2.93 or 19.96% to $17.63 as investors reacted to a $100 million funding letter of intent from the U.S. Department of Commerce and recent technical advances in its neutral-atom quantum platform.

The company announced on May 21 that it signed a Letter of Intent with the U.S. Department of Commerce’s CHIPS Research and Development Office for $100 million in proposed funding. The investment is contingent on achieving certain development milestones and is aimed at accelerating U.S. leadership in quantum computing technologies.

This funding complements broader government support for quantum computing. Reports indicate Infleqtion is among recipients in a $2 billion federal grant package that includes equity stakes for the government in participating companies.

On May 20, Infleqtion detailed several technical breakthroughs, including the release of resource-superstaq, an open-source architecture-level resource estimation package; a record-breaking dual-species rubidium-cesium entangling gate; a new theory preprint showing a path to neutral-atom entangling-gate fidelity beyond 99.9%; and a static magnetic-field approach to sub-Doppler cooling and optical atom transport.

Infleqtion reported first-quarter 2026 revenue of $9.5 million on May 14, up 14% year-over-year. The company raised its full-year 2026 revenue outlook to at least $40 million. It ended the quarter with $569 million in cash and no debt.

Infleqtion, formerly known as ColdQuanta, went public in February 2026 through a SPAC merger. The company specializes in neutral-atom quantum computing and quantum sensing technologies. It serves government, commercial and research clients with applications in computing, sensing, timing and navigation.

The company has secured multiple government contracts, including ARPA-E awards for energy grid optimization and quantum computing in chemistry and materials science. It also collaborates with NASA on a quantum gravity sensor mission.

Infleqtion delivered the UK’s first operational 100-qubit quantum computer and continues scaling efforts. It aims for more than 100 logical qubits by 2028.

Market capitalization exceeded $3.5 billion in recent trading. The stock has shown significant volatility since going public but has gained momentum on positive news flow and sector-wide government support.

Trading volume on May 22 was substantially higher than average as the funding and technical news circulated. Quantum computing peers including IonQ, Rigetti Computing and D-Wave Quantum also posted notable gains.

Infleqtion’s neutral-atom technology uses arrays of individual atoms as qubits, offering potential advantages in coherence times and scalability. The company has demonstrated high gate fidelities and is advancing error correction techniques.

The CHIPS funding is part of efforts to strengthen domestic quantum capabilities for economic competitiveness and national security. The arrangement remains subject to milestones and due diligence.

Infleqtion operates facilities in the United States, Europe and Asia. It partners with major organizations including NVIDIA for quantum-classical integration.

No new corporate announcements were released on May 22. The company’s next major update is expected with its second-quarter 2026 earnings later in the summer.

Analysts track Infleqtion’s progress toward fault-tolerant systems and revenue scaling. The company reported 2025 revenue of $32.5 million and targets at least $40 million for 2026.

The quantum computing sector continues to attract attention as governments and enterprises invest in potential applications for optimization, simulation, cryptography and artificial intelligence.

Infleqtion employs researchers, engineers and technical staff focused on advancing quantum hardware and software. The company maintains a strong cash position to support research, development and commercialization.

Investors will monitor execution on roadmap goals, new customer wins and deployment of government funding in coming quarters. The stock’s performance on May 22 reflects heightened market interest in quantum computing leaders.