Business
US, Iran Launch Historic Ceasefire Talks in Pakistan on Day 43 of Conflict: Trilateral Negotiations
ISLAMABAD, Pakistan — Senior U.S. and Iranian officials gathered Saturday in Pakistan’s capital for direct ceasefire negotiations, marking the first high-level talks between the longtime adversaries since the 1979 Islamic Revolution and offering a potential off-ramp after 43 days of devastating conflict.

AFP
U.S. Vice President JD Vance led the American delegation, joined by special envoy Steve Witkoff and Jared Kushner, President Donald Trump’s son-in-law and senior adviser. Iran’s team was headed by Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi. Pakistani officials, including Prime Minister Shehbaz Sharif and army chief Gen. Asim Munir, facilitated the trilateral discussions at a heavily secured venue in Islamabad.
The talks come as a fragile two-week ceasefire, brokered by Pakistan and announced earlier this month, holds tenuously amid ongoing regional violence, including Israeli strikes in Lebanon and disruptions in the Strait of Hormuz.
“This is a make-or-break moment,” Sharif told reporters as delegations arrived, underscoring the high stakes for turning a temporary pause into a lasting peace agreement.
Path to Islamabad: From War to Fragile Truce
The conflict erupted in late February 2026, escalating rapidly into direct U.S.-Iran confrontations involving airstrikes, naval tensions and proxy battles across the Middle East. Thousands have died, oil prices have surged more than 30%, and global markets have been roiled by Iran’s partial closure of the Strait of Hormuz, a critical chokepoint for nearly 20% of the world’s oil trade.
Pakistan emerged as an unlikely but pivotal mediator. Over recent weeks, Sharif and Munir engaged in shuttle diplomacy, consulting with Egypt, Turkey, Saudi Arabia and China while maintaining back-channel contacts with both Washington and Tehran. A Pakistani-proposed framework for an immediate ceasefire followed by broader talks gained traction, leading to the current two-week pause.
Iranian state media reported that negotiations progressed to “expert level” after indirect discussions, setting the stage for Saturday’s face-to-face meetings. Both sides arrived amid tight security, with Islamabad’s streets largely deserted as authorities imposed restrictions to prevent disruptions.
Key Sticking Points and Conditions
Iran has set firm preconditions, according to officials. Ghalibaf stated on social media that talks would proceed only with an Israeli ceasefire in Lebanon and the release of blocked Iranian assets held abroad. Tehran also seeks guarantees regarding its nuclear program and sanctions relief.
The U.S. side, per Trump administration statements, prioritizes preventing Iran from acquiring nuclear weapons, ensuring full reopening of the Strait of Hormuz and addressing regional security concerns involving proxies like Hezbollah. Trump has warned publicly that failure could lead to renewed and intensified U.S. strikes.
Vance, before departing Washington, expressed cautious optimism but cautioned against gamesmanship. “If they’re going to try and play us, then they’re going to find that the negotiating team is not that receptive,” he said.
Lebanon remains a major complication. Israeli forces continued operations against Hezbollah, with recent strikes killing dozens. Iran has linked any comprehensive deal to a broader regional de-escalation, including Lebanon. Separate Israel-Lebanon talks are reportedly scheduled soon in Washington.
Pakistan’s Diplomatic Triumph
The hosting role represents a significant boost for Pakistan, a nuclear-armed nation long navigating complex ties with both the U.S. and Iran. Analysts note that Islamabad’s neutral stance, combined with strong military-to-military relationships, positioned it uniquely to bridge the divide.
“Pakistan has transitioned from a quiet go-between to an active participant,” one NPR report observed, highlighting how Sharif’s government pulled in multiple regional players to support the ceasefire plan.
The Serena Hotel in Islamabad serves as the primary venue, with trilateral sessions involving Pakistani mediators in the same room as U.S. and Iranian teams.
Broader Regional and Global Implications
The war has redrawn alliances and heightened fears of wider escalation. Saudi Arabia and other Gulf states have watched nervously as energy markets fluctuated. China, a major buyer of Iranian oil, has quietly backed diplomatic efforts.
Economically, the conflict’s toll has been severe. Brent crude hovered near $97 per barrel, and shipping through the Strait of Hormuz has dropped dramatically, with only a handful of vessels passing since the ceasefire took effect.
Humanitarian concerns mount as well. Civilian casualties in Iran, Lebanon and elsewhere have drawn international calls for restraint. Aid organizations report strained resources amid the fighting.
Outlook for the Talks
No immediate agreements were announced as sessions began Saturday. U.S. officials described the atmosphere as serious but stressed that deep mistrust persists after decades of hostility.
Success could pave the way for a comprehensive settlement addressing Iran’s nuclear ambitions, sanctions, regional proxies and economic normalization. Failure risks resumption of hostilities, potentially drawing in more actors and further destabilizing global energy supplies.
Trump has framed the negotiations as a chance for Iran to secure its future while warning of consequences. Iranian leaders have emphasized sovereignty and resistance to external pressure.
As talks unfold, the world watches closely. For now, the fragile ceasefire provides a narrow window for diplomacy in one of the most intractable conflicts of the 21st century. Pakistan’s role as host may prove historic if it leads to de-escalation, but the path forward remains fraught with challenges.
Delegations are expected to hold multiple rounds over the weekend, with possible updates from principals as progress is assessed. The outcome could reshape Middle East dynamics for years to come.
Business
AMD: Cooling My Rating, Not My Conviction
AMD: Cooling My Rating, Not My Conviction
Business
Walmart Dollar General Costco Rethink Self-Checkout Amid Theft Surge and New State Laws
NEW YORK — Major retailers including Walmart, Dollar General and Costco are scaling back or rethinking self-checkout systems as surging theft rates, customer complaints and proposed legislation in multiple states force a broader industry shift back toward staffed registers. The move reflects growing frustration with “shrink” — industry term for inventory losses — that studies show can increase by up to 65 percent at self-service kiosks compared with traditional checkouts.
Dollar General took the most dramatic step in 2024, removing self-checkout entirely from its more than 12,000 stores nationwide to combat theft and improve customer experience. Walmart has eliminated self-checkout lanes in select high-shrink locations, including a South Philadelphia Supercenter, while planning remodels at hundreds of stores that prioritize hybrid or fully staffed options. Costco has introduced staff-assisted scanning in lines but stopped short of full removal.
The changes come as lawmakers in states including California, Connecticut, Massachusetts, New York, Ohio, Rhode Island and Washington consider bills that would limit self-checkout usage. Proposals range from requiring minimum staff-to-kiosk ratios and item caps — often 10 or 15 items — to mandating a balance between self-service and employee-operated lanes. None have passed yet, but the legislative momentum signals rising political pressure on retailers to address retail theft.
A 2026 Capital One Shopping Research study found that while 86 percent of consumers use self-checkout, more than 36 million Americans admit to stealing from the kiosks. Theft at self-checkout can be unintentional — missed scans or bagging errors — or deliberate. Either way, it contributes to billions in annual losses that retailers ultimately pass on to consumers through higher prices.
Walmart has cited customer feedback and a desire for more personalized service in its decisions to reduce self-checkout. The world’s largest retailer continues experimenting with automation but appears to be striking a balance after years of aggressive rollout. Remodels at more than 650 stores and plans for new locations emphasize improved checkout experiences. Similar trends appear at Target and other chains testing limits or hybrid models.
Retail experts point to several factors driving the shift. Self-checkout promised labor savings and faster lines but delivered unintended consequences. Theft has risen sharply in recent years, fueled by organized retail crime and opportunistic shoplifting. Technology limitations, such as imperfect item recognition, compound the problem. Customer frustration with malfunctioning kiosks or long bagging times has also grown.
Costco’s approach differs slightly. The membership warehouse club has rolled out staff members who scan entire carts before customers reach payment terminals, combining speed with oversight. While not eliminating self-checkout entirely, the system reduces opportunities for error or theft. Other retailers are exploring AI-powered scan-and-go technologies, such as those tested by Sam’s Club, to maintain convenience while adding security layers.
Proposed state laws reflect public and political concern over retail theft’s impact on communities and businesses. Bills aim to curb losses that force store closures or price increases, particularly in urban areas hit hardest by organized crime. Retail trade groups argue that overly restrictive rules could hurt efficiency and raise operating costs, potentially leading to fewer jobs or higher prices. A balanced approach focusing on technology improvements and enforcement may prove more effective.
The self-checkout boom began years ago as retailers sought to cut labor costs amid rising wages and post-pandemic staffing challenges. Early adoption brought convenience for shoppers and efficiency gains. Over time, however, data showed higher shrink rates and mixed customer satisfaction. Pandemic-era shifts accelerated installation, but the technology’s limitations became more apparent as theft surged.
Industry analysts expect more hybrid models going forward. Full removal like Dollar General’s may remain rare among larger chains, but reductions and technological upgrades will likely become standard. AI monitoring, better item recognition and integrated security cameras could mitigate risks while preserving convenience. Retailers must balance cost savings with loss prevention and customer experience.
For shoppers, the changes mean potentially longer lines but greater accuracy and security. Many consumers appreciate the human interaction at staffed registers, especially for complex transactions or when seeking assistance. Others prefer the speed of self-checkout for small purchases. Retailers are experimenting with tiered systems — self-checkout for quick trips and full service for larger hauls.
The shift also highlights broader retail challenges. E-commerce competition, inflation and changing consumer habits continue pressuring brick-and-mortar stores. Theft, whether organized or opportunistic, erodes margins and affects store viability in certain markets. Addressing it requires a combination of technology, staffing, legislation and community efforts.
As Walmart, Dollar General, Costco and others adjust strategies, the industry watches closely. Success in reducing shrink while maintaining customer satisfaction could set new standards for checkout experiences. Failure might accelerate calls for stricter regulations or further rollbacks. The coming months will reveal how effectively major retailers navigate this complex landscape.
For now, shoppers should expect evolving checkout options at their local stores. Checking apps or asking associates about available lanes can help avoid frustration. As retailers rethink self-checkout, the goal remains providing safe, efficient and pleasant shopping experiences in an era of heightened challenges.
Business
Stress in private credit could spark ’psychological contagion,’ Fed’s Barr tells Bloomberg News

Stress in private credit could spark ’psychological contagion,’ Fed’s Barr tells Bloomberg News
Business
Universal Logistic Holdings Is Surviving By Underinvesting, But Needs A Quick Turn
Universal Logistic Holdings Is Surviving By Underinvesting, But Needs A Quick Turn
Business
Earnings call transcript: Redwood Trust beats EPS in Q1 2026, stock mixed

Earnings call transcript: Redwood Trust beats EPS in Q1 2026, stock mixed
Business
Earnings call transcript: Tenable Holdings Inc. Q1 2026 beats expectations, stock rises

Earnings call transcript: Tenable Holdings Inc. Q1 2026 beats expectations, stock rises
Business
Woman Arrested After Refusing to Hang Up Phone Before Takeoff in Viral Video
NEW YORK — A Delta Air Lines flight was delayed and a female passenger arrested after she allegedly refused repeated requests to end a phone call before takeoff, sparking a confrontation captured on video that quickly went viral and highlighted ongoing tensions over in-flight etiquette and crew authority. The incident, which unfolded at a major U.S. airport on Saturday, May 2, 2026, underscores persistent challenges airlines face in enforcing federal regulations prohibiting cellphone use during critical phases of flight.
Video footage widely shared on social media shows fellow passengers pleading with the woman to be considerate as flight attendants and the captain intervened. “Ma’am, please hang up the phone — we can’t take off until you do,” one crew member is heard saying in the clip. The woman reportedly continued her conversation, leading to escalating frustration among passengers and crew. Law enforcement was eventually called, resulting in her removal and arrest for interfering with a flight crew.
Delta Air Lines confirmed the delay but declined to release the flight number or exact airport, citing privacy and ongoing investigation. A spokesperson said the airline takes safety protocols seriously and works with authorities when passengers fail to comply with federal aviation regulations. The Federal Aviation Administration prohibits the use of cellular devices during taxi, takeoff and landing to avoid potential interference with aircraft systems, though modern planes are designed with shielding. The rule is also intended to ensure passengers pay attention to safety briefings.
Passengers on board described the situation as tense but ultimately resolved without physical altercation. One traveler, who recorded part of the exchange, posted the video with the caption “When one person ruins it for everyone.” Comments flooded in supporting the crew’s actions while others criticized the woman for prioritizing her call over collective safety and convenience. The delay reportedly lasted more than an hour as authorities processed the arrest and the plane was prepared for departure.
Aviation safety experts note that such incidents, while rare, highlight the importance of clear communication and de-escalation training for flight crews. The FAA and airlines have ramped up efforts in recent years to address unruly passenger behavior, particularly post-pandemic when travel stress has contributed to more confrontations. Federal law allows for fines and criminal charges when passengers interfere with crew members performing their duties.
This latest event comes amid broader discussions about technology use on planes. Many carriers have relaxed Wi-Fi policies and allow calls via internet-based apps in some cases, but traditional cellular calls remain restricted during critical phases. The woman’s refusal reportedly continued despite announcements and direct instructions, prompting the captain to return to the gate.
Delta passengers affected by the delay received compensation in the form of travel vouchers or meal credits, standard procedure for controllable disruptions. The airline expressed regret for the inconvenience while emphasizing safety as the top priority. No injuries were reported, and the flight eventually departed without further issues.
Social media reaction was swift and polarized. Hashtags related to the incident trended as users debated personal rights versus public responsibility. Some defended the woman, suggesting possible underlying reasons such as an emergency call, while the majority sided with the crew and fellow passengers frustrated by the selfish behavior. Viral videos often amplify these moments, turning routine travel disruptions into national conversations about civility.
Aviation analysts say enforcement of phone rules has become more challenging with smartphones’ ubiquity. While most passengers comply, a small minority test boundaries, leading to delays that cost airlines thousands of dollars in operational expenses and frustrate hundreds of travelers. Carriers continue investing in crew training and passenger education campaigns to minimize such occurrences.
The arrested woman’s identity has not been publicly released pending formal charges. Legal experts say she could face misdemeanor or felony counts depending on jurisdiction and the level of interference. Similar cases in recent years have resulted in fines, banned flying lists and court-mandated anger management. The incident serves as a reminder that airline crews have broad authority to maintain order.
Delta’s response aligns with industry standards. Major carriers have zero-tolerance policies for disruptive behavior, especially anything jeopardizing safety protocols. The FAA tracks unruly passenger reports, with numbers declining from pandemic peaks but still elevated compared to pre-2020 levels. Education and consistent enforcement remain key strategies.
Fellow passengers in the video expressed relief once the situation was resolved. One woman visible in the footage told reporters afterward that the majority supported the crew and just wanted to reach their destination. The event highlights how small acts of noncompliance can ripple through an entire flight, affecting schedules and tempers.
As air travel rebounds strongly in 2026, airlines face the dual challenge of accommodating more passengers while maintaining high standards of safety and service. Incidents like this one, though isolated, fuel calls for clearer policies and better passenger awareness. Delta and peers continue refining communication tools, including pre-boarding announcements and in-app reminders about electronic device rules.
The viral video has sparked broader conversations online about entitlement in shared spaces. Commenters range from empathy for stressed travelers to strong condemnation of rule-breaking. Aviation bloggers and frequent flyers urge passengers to remember that crew instructions exist for everyone’s safety, not convenience. The woman’s actions, regardless of intent, disrupted hundreds and led to legal consequences.
Industry groups like Airlines for America emphasize training and de-escalation. Crew members are taught to handle difficult situations professionally while prioritizing safety. In this case, the decision to involve law enforcement was likely made after multiple failed attempts at voluntary compliance. The captain’s authority to remove disruptive passengers is well-established in federal regulations.
For the traveling public, the takeaway is simple: Follow crew instructions promptly. A few minutes on a phone call is rarely worth delaying a flight or facing arrest. As summer travel season approaches, airlines will continue reminding passengers of these basic courtesies to ensure smooth operations.
Delta has not commented further on the specific passenger or charges, focusing instead on the safe completion of the flight. The incident, while unfortunate, reinforces the shared responsibility that makes modern air travel possible. Passengers, crews and regulators all play roles in maintaining order and safety at 30,000 feet.
Business
Berkshire Operating Profits Rose 18% in First Quarter. The Company Bought Back $235 Million of Stock.
Berkshire Operating Profits Rose 18% in First Quarter. The Company Bought Back $235 Million of Stock.
Business
Asian finance leaders pledge action on market volatility risks

Asian finance leaders pledge action on market volatility risks
Business
AGNC Is Yielding 13%, And Top Rated: We Predict A Dividend Hike In 2027 (NASDAQ:AGNC)
Rida Morwa is a former investment and commercial Banker, with over 35 years of experience. He has been advising individual and institutional clients on high-yield investment strategies since 1991. Rida Morwa leads the Investing Group High Dividend Opportunities where he teams up with some of Seeking Alpha’s top income investing analysts. The service focuses on sustainable income through a variety of high yield investments with a targeted safe +9% yield. Features include: model portfolio with buy/sell alerts, preferred and baby bond portfolios for more conservative investors, vibrant and active chat with access to the service’s leaders, dividend and portfolio trackers, and regular market updates. The service philosophy focuses on community, education, and the belief that nobody should invest alone. Learn More.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of AGNC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Beyond Saving, Philip Mause, and Hidden Opportunities, all are supporting contributors for High Dividend Opportunities. Any recommendation posted in this article is not indefinite. We closely monitor all of our positions. We issue Buy and Sell alerts on our recommendations, which are exclusive to our members.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
-
Tech6 days agoRegister Renaming | Hackaday
-
Politics6 days agoDrax board avoid their own AGM, accused of greenwashing & environmental racism
-
Tech6 days agoWhy Blue Badges Disappeared From Toyota Hybrids
-
Tech6 days agoImages of Samsung’s rumored smart glasses have leaked
-
Tech2 days agoTrump’s 25% EU auto tariff breaches Turnberry Agreement that also covers semiconductors and digital trade
-
Fashion5 days agoKylie Jenner’s KHY Enters a New Era with ‘Born in LA’
-
Business5 days agoMost Commercial Energy Audits Miss the Real Losses
-
Crypto World5 days agoCFTC’s AI will review U.S. crypto registration applications, chairman tells CoinDesk
-
Business6 days ago(VIDEO) Charlize Theron Climbs Times Square Billboard to Promote New Netflix Thriller ‘Apex’
-
Business4 days agoBarclay Brothers Avoid Bankruptcy: HSBC Drops High Court Petitions After IVA Deal
-
Sports2 days agoPaul Scholes issues Marcus Rashford reality check as agreement emerges over Man United star
-
Business4 days agoTesla Officially Registers Elon Musk’s Stock: What Investors Need to Know
-
Entertainment6 days agoAlicia Keys Calls Out Music Industry ‘Boys Club’
-
Tech5 days agoGet Ready for More Brain-Scanning Consumer Gadgets
-
Tech7 days agoDyson Vacuums And The Curse Of Cooked Capacitors
-
Crypto World5 days agoRobinhood Phishing Scam Exploits Gmail Dot Feature to Bypass Security
-
Entertainment6 days agoSister Wives: Janelle Posts New Scary Warning
-
Crypto World5 days agoGmail Dot Trick Underpins Robinhood Phishing, Sending Real-Looking Emails
-
Business7 days agoAI-Driven App Creation at Your Fingertips
-
Business3 days agoTwo Powerball Tickets Split $143 Million Jackpot in Indiana and Kansas

You must be logged in to post a comment Login