LOS ANGELES — American Airlines is temporarily suspending six North American routes, including four nonstop flights from Los Angeles International Airport, citing elevated jet fuel prices driven by the ongoing war in Iran, the carrier confirmed on Wednesday.

The suspensions, effective between August 5 and October 5, affect flights from LAX to Cleveland, Columbus, Pittsburgh and Washington Dulles. Additional cuts include service between Charlotte and Ontario, California, as well as Charlotte and Sacramento. Travelers on impacted routes will be offered alternate travel arrangements or refunds in accordance with the airline’s policy.

The decision reflects broader industry challenges as airlines grapple with volatile fuel costs amid geopolitical tensions in the Middle East. American Airlines expects its jet fuel expenses to rise by more than $4 billion this year, prompting careful capacity adjustments to protect profitability.

“American has seasonally adjusted service on select routes in August and September as the airline refines its capacity growth for 2026,” the carrier said in a statement. “American is not suspending any routes indefinitely as part of this adjustment and will continue to proudly offer an industry-leading network with more flights than any other U.S. airline.”

The affected routes carried significant passenger traffic last year, with more than 1.4 million round-trip travelers across the combined markets, according to Department of Transportation data. While passengers will still be able to reach these destinations from LAX during the suspension period, they will require connections, likely increasing travel time and potentially fares for some.

This marks the latest in a series of route adjustments by major carriers responding to economic pressures. Norse Atlantic Airways recently scrapped all flights from LAX for the summer season due to similar fuel cost concerns, highlighting the strain on long-haul and transatlantic operations.

The war in Iran has significantly disrupted global oil markets, driving up crude prices and, by extension, aviation fuel costs. Airlines, which typically see fuel as their largest operating expense, have been forced to reassess schedules, raise fares and seek efficiencies to maintain margins. Industry analysts expect these pressures to persist through the remainder of 2026, potentially leading to further capacity reductions across the sector.

Los Angeles International Airport, one of the busiest in the world, serves as a critical hub for American Airlines. The suspension of four routes represents a notable reduction in direct connectivity from LAX, which could affect business travelers, tourists and families with ties to the Midwest and East Coast. Airport officials acknowledged the changes but noted that overall capacity at LAX remains robust due to service from other carriers.

The timing of the cuts coincides with peak summer travel season, when demand for flights to these destinations typically rises. Passengers who had already booked travel are being contacted by the airline with rebooking options. Those unable to find suitable alternatives are eligible for full refunds.

Aviation experts say such seasonal adjustments are not uncommon but have become more frequent as fuel volatility increases. Airlines use sophisticated forecasting models to balance supply and demand, but sudden spikes in oil prices can force rapid changes to protect financial performance.

American Airlines operates one of the largest networks in the United States, with thousands of daily flights. The six suspended routes represent a small fraction of its overall schedule, but their impact is significant for communities that rely on direct service. The airline emphasized that these are temporary measures and expressed commitment to restoring service when conditions improve.

The broader airline industry has faced multiple challenges in 2026, including labor shortages, supply chain issues for aircraft parts and fluctuating demand patterns post-pandemic. Fuel costs remain the most unpredictable variable, with prices swinging based on global events beyond carriers’ control.

For consumers, the route cuts may mean higher fares or longer travel times on affected city pairs. Travel advisers recommend booking early and remaining flexible with dates and itineraries to secure the best available options. Some passengers may find alternative carriers offering direct service, though availability varies.

Environmental considerations also play a role in capacity decisions. Airlines have committed to sustainability goals, including reduced carbon emissions. Cutting less efficient routes can help meet those targets while addressing immediate financial pressures from high fuel prices.

The situation at LAX highlights the airport’s role as a major economic engine for Southern California. Any reduction in service can affect jobs in aviation, tourism and related industries. Airport authorities are working with carriers to minimize long-term impacts and explore opportunities for new routes to offset the losses.

As the summer travel season ramps up, passengers are advised to check flight status regularly and contact airlines directly with questions about rebooking. The Federal Aviation Administration continues to monitor industry capacity adjustments to ensure safety and operational standards remain high.

American Airlines’ decision reflects a cautious approach to managing costs in an uncertain environment. While disappointing for travelers on the affected routes, the temporary nature of the suspensions provides some reassurance that service will return once fuel markets stabilize.

Industry observers expect other carriers to make similar adjustments if oil prices remain elevated. The war in Iran has created a ripple effect across global markets, with aviation feeling the impact through higher operational expenses and cautious consumer spending.

For now, passengers planning travel to or from the suspended destinations are encouraged to explore connection options through American’s extensive network or consider alternative airlines where available. The airline has pledged to assist affected customers during this transition period.

The developments at LAX and other airports underscore the interconnected nature of global events and local travel. As geopolitical tensions influence energy markets, travelers may face continued adjustments in flight availability and pricing throughout 2026.

American Airlines remains committed to its long-term growth strategy, including fleet modernization and route expansion where economically viable. The temporary cuts are part of a broader effort to align capacity with current market realities while preserving the airline’s competitive position.

As summer travel peaks, the industry will continue monitoring fuel prices closely. Any easing of geopolitical tensions or increase in oil supply could lead to quicker restoration of suspended routes. Until then, passengers are urged to plan accordingly and remain flexible in their travel arrangements.

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Euroz Hartleys has confirmed the Bank of Montreal has made a $145 million cash offer to potentially acquire its corporate finance division. 

In responding to media speculation, the Perth stockbroking firm told the market BMO Financial Group – being the Bank of Montreal – had made a non-binding and conditional cash offer to buy its capital markets business. 

Under the deal, Euroz Hartleys would retain full ownership of its wealth management business and seek to form an alliance to maintain links between the two divisions. 

Euroz’s board has provided BMO with a period of exclusivity until the end of the June to conduct due diligence and progress deal documents.

The firm said discussions were ongoing and that there was “no certainty that the discussions will lead to any transaction or definitive agreement”.

“The board of Euroz Hartleys remains committed to the strategic direction and continued growth of the company on a standalone basis and to maximising value across all of its businesses for shareholders, along with a strong focus on ensuring positive outcomes for employees and clients,” Euroz told the market.

“After due consideration and acting in the interests of all shareholders, the board has provided BMO with a period of exclusivity to 30 June 2026 to conduct due diligence and progress relevant transaction documentation.”

BMO Financial Group is the dual-listed entity for the Bank of Montreal, listed on both the Toronto Stock Exchange and New York Stock Exchange.

The Andrew McKenzie-steered company engaged Grant Samuel as financial adviser and Steinepreis Paganin as its legal adviser on the proposed deal.

The proposed deal comes after Euroz previously confirmed it was in early stage talks for potential opportunities amid swirling Canadian deal rumours in the second half of 2025.

A potential Bank of Montreal deal would follow other Canadian players in the Australian market, after Canaccord Genuity bought Perth-based Patersons Securities in 2019.

NEW YORK — Michael Jackson has become the first and only artist to secure a new Billboard Hot 100 hit across six different decades, with the posthumous release “Chicago” debuting at No. 30 on the latest chart.

The achievement underscores the enduring global appeal of the King of Pop, whose music continues to resonate with new generations more than 15 years after his death in 2009. “Chicago,” originally featured on the 2014 posthumous album Xscape, has experienced a significant streaming resurgence, driven largely by social media platforms like TikTok and renewed interest following the success of the Michael biopic.

The song generated 10.7 million official on-demand U.S. streams during the May 22-28 tracking week, marking a 30% increase from the previous period, according to Luminate. This surge propelled “Chicago” onto the Hot 100, where it stands as Jackson’s 52nd solo chart entry since his first hit “Got to Be There” in 1972.

Jackson now has charted new entries in every decade since the 1970s: 11 songs in the 1970s, 20 in the 1980s, 12 in the 1990s, four in the 2000s, four in the 2010s, and now one in the 2020s. This remarkable longevity highlights his unparalleled influence on popular music across generations.

“Chicago” was produced by Timbaland and JRoc and written by Cory Rooney. It follows previous Xscape singles “Love Never Felt So Good” featuring Justin Timberlake, which peaked at No. 9, and “Slave to the Rhythm” at No. 45. The track was never one of Jackson’s major hits upon its initial release but has found new life through viral social media moments and streaming algorithms that favor his catalog.

On the current Hot 100, “Chicago” ranks as Jackson’s second-highest charting song, behind “Billie Jean” at No. 19. It also sits ahead of “Human Nature” at No. 31 and “Don’t Stop ‘Til You Get Enough” at No. 43. Earlier in May, Jackson achieved another milestone when six of his songs charted simultaneously on the Hot 100.

The resurgence of Jackson’s music coincides with heightened public interest in his legacy. The biographical film Michael has performed strongly at the box office, introducing his story and catalog to younger audiences while reigniting conversations about his cultural impact. Streaming platforms have reported consistent growth in Jackson’s plays, particularly among users discovering his work for the first time.

Industry observers note that Jackson’s ability to maintain relevance decades after his peak commercial years is rare in popular music. His innovative blend of pop, R&B, funk and rock, combined with groundbreaking music videos and live performances, created a template that influenced countless artists who followed.

“Chicago” benefits from Billboard’s rules allowing older songs to chart if they demonstrate significant consumption growth and rank within the top 50. This mechanism has enabled classic tracks from legendary artists to re-enter the charts when cultural moments spark renewed interest.

Jackson’s chart history is extraordinary. He achieved 13 No. 1 hits as a solo artist, with many more top 10 entries. His 1982 album Thriller remains the best-selling album of all time, and his influence extends far beyond sales figures to cultural and artistic domains.

The latest Hot 100 entry adds to Jackson’s unparalleled record of longevity. Few artists have maintained chart presence across multiple decades with new material or revived interest in catalog songs. His music’s timeless quality, combined with strategic catalog management and cultural relevance, has kept his work prominent.

For the Jackson estate and Sony Music, which manages much of his catalog, the resurgence represents both cultural significance and commercial opportunity. Streaming revenue from his extensive library continues to grow, providing ongoing value long after his passing.

Fans have celebrated the milestone on social media, sharing memories of Jackson’s music and reflecting on its role in their lives. The viral spread of “Chicago” on TikTok has introduced the song to a new generation, many of whom were not alive during Jackson’s original chart dominance.

Music historians view Jackson’s six-decade chart span as a testament to his artistic genius and the universal appeal of his work. From child star with the Jackson 5 to solo icon and global superstar, his evolution mirrored and shaped popular culture for more than half a century.

As streaming continues to dominate music consumption, catalog artists like Jackson benefit from algorithmic discovery and social media moments. “Chicago” exemplifies how older tracks can find new audiences when aligned with current trends and cultural conversations.

The achievement comes at a time when the music industry grapples with questions of legacy, streaming economics and artist valuation. Jackson’s continued chart success demonstrates the lasting power of exceptional talent and the enduring connection fans maintain with iconic music.

Looking ahead, Jackson’s catalog is expected to remain a significant presence on charts and streaming platforms. Future projects, documentaries and cultural moments will likely continue introducing his work to new listeners while reminding longtime fans of his unmatched contributions to music history.

“Chicago” may not have been one of Jackson’s signature hits upon release, but its current chart performance reinforces his status as a timeless artist whose influence transcends generations. The song’s revival adds another layer to an already extraordinary legacy that continues to captivate audiences worldwide.

As the Billboard Hot 100 reflects shifting tastes and consumption patterns, Jackson’s entry in a sixth decade stands as a rare accomplishment that few, if any, artists are likely to match. His music remains a benchmark for excellence, innovation and cultural impact in popular entertainment.

The latest milestone ensures Michael Jackson’s voice will continue echoing through the charts and cultural conversations for years to come, cementing his place as one of music’s most enduring and influential figures.

“Shark Tank” investor Kevin O’Leary says he is prepared to shrink a sprawling artificial intelligence data center development in Utah after top state lawmakers pushed for major reductions and additional environmental safeguards, according to reports.

O’Leary told NBC News on Wednesday that he is willing to reduce the size of the proposed Stratos data center project after Utah Senate President J. Stuart Adams called for a 75% reduction in its footprint.

“I have no choice,” O’Leary told NBC News at the Washington AI Network’s AI Honors gala.

The project, which has been promoted as one of the largest AI-focused data center developments in the world, would span roughly 40,000 acres in Box Elder County.

KEVIN O’LEARY DETAILS MASSIVE UTAH AI DATA CENTER TO RIVAL CHINA’S TECH DOMINANCE

Kevin O’Leary, Chairman of O’Leary Ventures, arrives to speak before a Senate Committee on Aging and House Select Committee on the Chinese Communist Party joint hearing on April 9, 2025, in Washington, DC.  (Andrew Harnik/Getty Images / Getty Images)

In a letter sent Monday, Adams urged O’Leary to reduce the project area to approximately 10,000 acres and adopt additional environmental safeguards before moving forward.

“I’ve sent a letter directly to Kevin O’Leary calling for a 75% reduction in the proposed data center project area, from 40,000 acres to approximately 10,000 acres,” Adams said in a statement.

The Republican Senate president also called for stronger conservation measures, greater public transparency and protections for Utah’s natural resources.

FOX NEWS AI NEWSLETTER: BACKLASH OVER MYSTERY COMPANY’S DATA CENTER

Kevin O’Leary, Chairman of O’Leary Ventures, speaks before a Senate Committee on Aging and House Select Committee on the Chinese Communist Party joint hearing on April 9, 2025. (Photo by Andrew Harnik/Getty Images / Getty Images)

Among his requests, Adams said the project should commit to using the latest technology to minimize water consumption, dedicate any excess treated water to the Great Salt Lake and enter into agreements with state officials to preserve wildlife habitat and agricultural land.

“Utah can pursue economic opportunity while protecting our water, air, wildlife and communities,” Adams said. “We can and must do both.”

O’Leary suggested the demand was driven in part by political pressure as opposition to the project continues to grow.

KEVIN O’LEARY REVEALS THE ONLY TWO CRYPTOCURRENCIES HE SAYS ARE WORTH OWNING

High-tech data center with server racks (iStock / iStock)

“I know he did it for political reasons,” O’Leary told NBC News. “He has to address those issues, and so do I.”

Residents and environmental advocates have raised concerns about the project’s potential demands on water supplies, power infrastructure and nearby communities.

O’Leary has previously dismissed some of those concerns as misinformation and accused opponents of spreading false claims about the project.

US BANS NEW FOREIGN-MADE CONSUMER INTERNET ROUTERS OVER SECURITY CONCERNS

“All these people have a right to get information,” O’Leary told NBC News. “Why are they getting it from a false initiative? Who is spending all this money to put out all these falsehoods and straight-out misinformation and lies and agitate these people?”

Adams noted that several legislative committees are examining how large-scale developments could affect Utah’s water supply, energy system, land use and environmental resources.

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Utah has also invested more than $1 billion in water conservation and infrastructure projects while increasing oversight of large-scale developments, Adams said.

O’Leary told NBC News he plans to formally respond to Adams by Friday with details of a revised proposal.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.

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.

SAN ANTONIO — After a disappointing Game 1 loss in the 2026 NBA Finals, the San Antonio Spurs and their young star Victor Wembanyama face a pivotal Game 2 on Friday night against the New York Knicks. The 22-year-old phenom, who struggled with efficiency in the series opener, will need to elevate every aspect of his game if the Spurs hope to steal home-court advantage back and even the series.

Wembanyama finished Game 1 with 26 points and 12 rebounds but shot just 6-for-21 from the field, including 2-for-9 from three-point range. His six turnovers and occasional defensive lapses allowed the Knicks to mount a comeback and secure a 105-95 victory on the road. Spurs coach Mitch Johnson and the organization are counting on the rookie to make the necessary adjustments quickly in what has become an unexpectedly competitive series.

Here are five key areas Wembanyama must address to lead San Antonio to a Game 2 win and keep their championship hopes alive:

1. Improve Shooting Efficiency and Shot Selection Wembanyama’s 28.6% field goal percentage in Game 1 was uncharacteristically low for a player of his talent. While he drew fouls and got to the free-throw line effectively, his mid-range and three-point attempts often fell short or were contested. To win Game 2, he must be more selective with his shots, focusing on high-percentage opportunities closer to the rim where his 7-foot-4 frame gives him a massive advantage. Developing better patience in the half-court set and using pump fakes to create space will be essential. Spurs assistants have worked with him on refining his release under pressure, and Friday’s game offers an immediate chance to apply those lessons against a Knicks defense that dared him to shoot from distance.

2. Reduce Turnovers and Improve Decision-Making Six turnovers in Game 1 proved costly, especially in transition where the Knicks capitalized on live-ball opportunities. Wembanyama’s length and vision make him a playmaking threat, but the Knicks’ physical pressure forced several mistakes. In Game 2, he must focus on making simpler reads, protecting the ball with two hands in traffic, and avoiding risky passes when double-teamed. Better communication with teammates like Stephon Castle and Dylan Harper will help create clearer outlets. Reducing turnovers to three or fewer could swing possession in San Antonio’s favor and limit New York’s fast-break scoring.

3. Dominate the Glass and Control Second-Chance Opportunities Despite grabbing 12 rebounds in Game 1, Wembanyama was outworked on the boards at times by Karl-Anthony Towns and Josh Hart. The Spurs were outrebounded overall, allowing the Knicks extra possessions that fueled their fourth-quarter surge. For Game 2, Wembanyama must use his size and timing more aggressively on both ends, boxing out effectively and pursuing every loose ball. Establishing position early and calling for help from teammates on defensive rebounds will be crucial. Controlling the glass could limit the Knicks to one-and-done possessions and give the Spurs the transition opportunities they lacked in the opener.

4. Anchor the Defense and Limit Brunson’s Impact Jalen Brunson’s 30-point performance, including several clutch plays, exposed defensive gaps when Wembanyama was on the floor. While Wembanyama altered many shots, the Knicks attacked the rim relentlessly when he helped off the ball. In Game 2, he must maintain discipline in help defense without leaving shooters open, using his length to contest without fouling. Coordinating with the Spurs’ perimeter defenders to trap Brunson or force him into tougher shots will be a priority. Wembanyama’s ability to protect the paint while staying connected to the defensive scheme could neutralize New York’s primary scoring threat.

5. Provide Leadership and Consistent Energy Across 48 Minutes As the face of the franchise, Wembanyama must elevate his leadership in Game 2. His teammates look to him for confidence and composure, especially in tight moments. Maintaining high energy levels from tip-off through the final buzzer, communicating constantly on defense, and encouraging the bench will be vital. The Spurs’ youth showed in Game 1 when fatigue set in during the fourth quarter. Wembanyama can set the tone by being the most vocal and active player on the court, helping San Antonio match the Knicks’ intensity and avoid the late collapse that cost them the opener.

The Spurs enter Game 2 with the knowledge that home-court advantage is on the line. A victory would even the series at 1-1 and shift momentum heading into New York for Games 3 and 4. Wembanyama’s growth from Game 1 to Game 2 could define not only this series but his emerging legacy as one of the league’s brightest stars.

Coach Johnson has emphasized adjustments in film sessions, focusing on Wembanyama’s efficiency and decision-making. The team’s supporting cast, including Harper and Castle, must also step up to complement their superstar. The Knicks, riding high after their Game 1 comeback, will look to exploit any continued struggles from Wembanyama.

The basketball world will be watching closely as Wembanyama aims to bounce back. His ability to address these five critical areas could determine whether the young Spurs can push this Finals series deeper or if the more experienced Knicks pull ahead. For San Antonio, the path to victory in Game 2 runs directly through their franchise cornerstone making the necessary improvements under the brightest lights.