The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every...Biotech and Pharmaceuticalsread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under his declaration of a national...Politicsread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
The race is underway to find a vaccine that can control African swine fever, a highly contagious and deadly viral infection ravaging China's hog population. There is currently...Agricultureread more
Apple bought Tueo Health, which was developing tech to help parents monitor asthma symptoms in children, using a mobile app and commercial breathing sensors.Technologyread more
The attack into the Israeli-occupied Golan Heights marks the first time Iranian forces have hit Israel from Syria, where they have deployed along with Iran-backed Shi'ite militias to support President Bashar al-Assad in the civil war.
Syrian state media said dozens of Israeli missile strikes hit a radar station, Syrian air defense positions and an ammunition dump, underscoring the risks of a wider escalation involving Iran and its regional allies.
The Israeli military spokesman said the Iranian attack with around 20 projectiles or rockets was carried out by the Quds Force, an external arm of Iran's Revolutionary Guards.
Lieutenant Colonel Jonathan Conricus said that Israel intercepted "a few" of the rockets and there were no reports of casualties and that damage to Israeli positions was "limited."
The attack took place at around 12.10 a.m. "We have retaliated but I have no further details about this," he said.
Tensions between Israel and Iran had already spilled over in Syria. Iran vowed retaliation after an Israeli air strike last month killed seven of its military personnel in a desert airbase in Syria. Israel regards Iran as its biggest threat, and has repeatedly targeted Iranian forces and allied militia in Syria.
Syrian state media reported Israeli missile attacks targeting Baath City in Quneitra, near the border. Further waves of missiles followed. Syrian state media said Israeli missiles had been brought down over Damascus, Homs and Sueida.
"Air defences confronted tens of Israeli rockets and some of them reached their target and destroyed one of the radar sites," Syrian state news agency SANA reported, citing a military source. Another rocket hit an ammunition warehouse, it said.
Asked whether Israel had attacked near Damascus or scrambled communications there, an Israeli military spokeswoman said: "I have no comment on that at this time."
Syrian state television was broadcasting footage of its air defenses firing, and playing patriotic songs. Damascus residents described explosions in the sky from air defense systems.
Israeli media said residents of Metulla, on the Lebanese border, had been instructed to go to bomb shelters. There was no official confirmation.
Lebanon's National News Agency, citing Lebanese Army Command, reported Israeli jets circling over Lebanese territory early on Thursday before exiting.
The late-night incident followed a surge in tensions between Israel and Syria, where Iranian and Lebanese Hezbollah forces have helped Damascus beat back a 7-year-old rebellion.
Israel describes Iran as its biggest threat and Hezbollah as the biggest threat on its borders.
Fearing that Iran and Hezbollah are setting up a Lebanese-Syrian front against it, Israel has occasionally struck at their forces. Iran blamed it for an April 9 air strike that killed seven of its military personnel in Syria, and vowed revenge.
Expectations of a regional flare-up were stoked by U.S. President Donald Trump's announcement on Tuesday that he was withdrawing from the Iranian nuclear deal. Hours later, Israeli rocket rockets targeted a military base in Kisweh, a commander in the pro-Syrian government regional alliance said.
That attack killed 15 people, including eight Iranians, the Syrian Observatory for Human Rights said, though the commander said there were no casualties. Israel has neither confirmed nor denied responsibility.