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A U.S. seizure of an Iranian cargo ship has shaken an already fragile ceasefire just days before it expires, with 13 million barrels of oil still locked out of global markets and no talks confirmed. Apple is preparing for a rare leadership transition as Tim Cook plans to step down after more than a decade in charge, putting the company’s next phase into focus.

At the same time, a potential American-United airline megamerger has collapsed, highlighting how aggressively regulators are pushing back on industry consolidation.

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The U.S. Navy seized an Iranian-flagged cargo ship in the Gulf of Oman Sunday, the first forced boarding since the naval blockade of Iranian ports began. Iran's joint military command called it an act of piracy and a ceasefire violation, and vowed to respond.

The two-week ceasefire expires Tuesday. Trump said negotiators would head to Pakistan Monday for talks, but Iran's foreign ministry denied any meeting was planned. Thirteen million barrels of daily oil production remain blocked with no resolution in sight.

Washington has demanded a 20-year pause on Iranian uranium enrichment. Tehran offered five years and won't move. Both navies remain in close proximity in the Gulf, and the next incident may be harder to contain than a seized cargo ship.

Tim Cook is preparing to step down as Apple’s CEO after more than a decade leading the company through major growth and expansion. The transition puts succession planning in focus as Apple prepares for a leadership shift.

Under Cook, Apple evolved beyond its iPhone roots into a broader services and ecosystem-driven company. His tenure emphasized operational strength, steady growth, and expansion into new revenue streams.

A leadership change at this scale could influence Apple’s strategic direction and innovation priorities. Investors will be watching closely for signals on how the next CEO plans to steer the company.

American Airlines rejected merger talks with United Airlines Friday, citing antitrust risk and harm to competition. American stock fell Monday on the news. A combined carrier would have been the world's largest airline and held a near-monopoly on domestic capacity.

United CEO Scott Kirby had floated the idea with the Trump administration in February, arguing scale would help the two U.S. carriers compete against Middle Eastern airlines on international routes. The four largest U.S. carriers already control roughly 80% of domestic capacity.

Regulators were widely expected to block the deal regardless. American's outright rejection closes the door for now, but consolidation pressure in the industry isn't going away.

A Russian drone killed a 16-year-old in Chernihiv and struck Kherson overnight Sunday as Ukraine hit a Russian drone factory in southwestern Russia. The exchange underscored that the war shows no signs of slowing despite ongoing diplomatic noise around a potential ceasefire.

Gen Z protesters in Madagascar say the new leadership is repeating old patterns, as arrests heighten concerns over political freedoms. The growing backlash reflects rising instability risks if promised reforms fail to take hold.

Washington is backing a rare earths extraction project in South Africa as part of a broader push to counter China's mineral dominance. The investment targets phosphogypsum stacks in Phalaborwa and reflects growing U.S. urgency to secure supply chains for critical minerals used in defense and clean energy technology.

FBI Director Kash Patel sued The Atlantic over a story alleging excessive drinking and unexplained absences. The Atlantic stood firm, calling it meritless. One official quoted in the piece said Patel's behavior "keeps me up at night."

The Court agreed to hear Colorado Catholic preschools' challenge to being excluded from a state-funded program over their LGBTQ+ admissions policies. The conservative court has expanded religious exemptions steadily. A ruling could reshape how states fund faith-based institutions.

National Guard soldiers continue to patrol Washington with no defined mission end date. Troops describe unclear orders and commanders have given no public timeline for standing down a deployment now stretching into its fourth week.

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Labor Secretary Lori Chavez-DeRemer is leaving the Trump cabinet for the private sector. Deputy Keith Sonderling takes over in an acting capacity. No reason was given for the sudden departure.

Fed chair nominee Kevin Warsh told senators Monday the central bank must stay independent but stop drifting into fiscal and social policy. "Stay in its lane," he said, arguing repeated overreach has damaged the institution's credibility.

With oil surging and stocks wobbling, investors are debating where to park capital ahead of Tuesday's ceasefire deadline. Morgan Stanley noted another metal may outperform gold through the current volatility, as classic safe-haven logic gets stress-tested in real time.

New Glenn launched Sunday but an engine failure dropped its satellite off-course, grounding the entire fleet. NASA is counting on New Glenn for Artemis lunar landers.

Attempted removals from schools and libraries set an all-time high again. "Sold" topped the list of challenged books, driven by coordinated campaigns rather than individual complaints.

NASA has shut down another instrument on Voyager 1 to conserve power and keep the probe operating in interstellar space, trading capability for longevity. The move preserves a rare stream of data from the farthest human-made object as engineers push the mission to last as long as possible.

John Korir won his second straight Boston Marathon in 2:01:52, 70 seconds faster than the old course record and the fifth-fastest marathon ever run. Sharon Lokedi repeated as women's champion, and American runners set all-time U.S. bests at the race.

Wembanyama scored 35 points in his first playoff game as the Spurs routed Portland 111-98 on their home floor. Game 1 wasn't close, and comparisons to all-time great playoff debuts are already flying on social media.

Athletes are arriving in Sanya as the coastal city finalizes preparations for the Asian Beach Games. The event is expected to boost tourism while showcasing regional sports cooperation.

This year's "Costume Art" exhibit features mannequins built from 360-degree body scans of real people, including pregnant and plus-size forms. The size-2 standard that has defined fashion display for decades is out.

The murder charge landed days after Coachella, jolting a fan base built on D4vd's introspective sound. The case has reopened hard questions about celebrity access to vulnerable minors.

Organized tournaments are turning rock-paper-scissors into a real competition with strategy, psychology, and prize money. What seems like pure luck is increasingly about reading opponents and patterns.

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What Happened: A 7.7 magnitude quake struck off northern Japan Monday, triggering tsunami alerts and coastal evacuation orders that were later lifted without major casualties. Officials then issued a rare follow-on: mega-quake probability in the region had risen tenfold to 1% for the coming week, prompting 182 coastal towns to heighten readiness.

Why It Matters: The Chishima and Japan trenches sit atop two of the most seismically dangerous convergent fault systems on earth. Scientists have long flagged the nearby Nankai Trough as statistically overdue for a mega-quake capable of generating a 2011-scale tsunami and killing tens of thousands. Monday's event didn't cause that, but it put every one of those concerns back on the front page simultaneously.

Key Variables: A 1% weekly probability is a tenfold spike but not a certainty. Officials framed the advisory carefully, emphasizing preparedness over prediction, knowing the line between the two shapes public behavior in ways that can save lives or cause panic-driven harm. Japan's early warning infrastructure is world-class; densely populated low-lying coastal zones remain the critical vulnerability.

What to Watch: Seismologists will monitor aftershock patterns near the Chishima trench over the next 7 to 14 days. If activity intensifies, expect the advisory to be extended and evacuation route reviews to accelerate. Japan has also signaled a full review of tsunami preparedness across all 182 designated coastal towns in the coming days, which will reveal how much groundwork was actually laid and how much was quietly deferred.

- Kansas students made a memorable entrance by arriving at prom in the Oscar Mayer Wienermobile, turning the night into an instant spectacle.

- Two Southwest jets had to veer away from each other mid-air over Nashville: not what you want on a Monday morning at 30,000 feet.

- Blue Origin launched its rocket Sunday and put the satellite in the wrong orbit, like ordering a pizza and getting someone else's.

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—The Five Minute Daily Team