Month: April 2026
Iran and Oman drafting protocol to ‘monitor’ Hormuz Strait traffic: IRNA
A satellite view of the Strait of Hormuz, a strategic waterway between Iran and Oman that links the Persian Gulf to the Arabian Sea. Gallo Images | Getty Images Iran and Oman are drafting a protocol to “monitor transit” through the Strait of Hormuz, Iranian state news agency IRNA reported Thursday morning, citing an official. […]
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Trump administration prepares up to 100% pharmaceutical tariffs on some imported drugs
The Trump administration is preparing to impose new tariffs on branded drugs from pharmaceutical companies that have not struck landmark deals with the president to lower their U.S. drug prices, CNBC has learned. Patented medications and their active ingredients would be hit with a 100% tariff, according to a draft of the document obtained by […]
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Family offices stall deal-making during Iran conflict
Azim Premji, Founder Chairman of Wipro, speaks during the inauguration of the Wipro Hydraulic Plant in Jaipur, Rajasthan, India, on Aug. 22, 2024. Vishal Bhatnagar | Nurphoto | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to […]
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Regional sports networks are faltering even as ratings soar
Yoshinobu Yamamoto #18 of the Los Angeles Dodgers and Donald Glover greet Yoshi after throwing out the first pitch before a baseball game against the Cleveland Guardians at Dodger Stadium on March 31, 2026 in Los Angeles, California. Ryan Sirius Sun | Getty Images Sport | Getty Images A group of regional sports networks is […]
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Grocery shock on the horizon for approaching U.S. elections as Iran war drags on
A customer shops in a grocery store on March 11, 2026 in Miami, Florida. Joe Raedle | Getty Images Rising grocery prices in the U.S. as the result of the Iran war could be among the most politically damaging outcomes of the conflict just months before a critical U.S. election. Two years earlier, President Donald […]
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Starbucks to award bonuses to baristas, expand tipping to promote turnaround efforts
A Starbucks barista fulfills an order in a South Philadelphia store. Mark Makela | Reuters Starbucks will award baristas and shift supervisors quarterly bonuses of $300 if their stores hit certain targets to aid the coffee chain’s turnaround efforts, the company said Thursday. The program will begin in July, with the first payout coming in […]
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Tesla reports 358,000 first-quarter vehicle deliveries, down 14% from last quarter
Tesla posted its vehicle deliveries and production report for the first quarter of 2026, showing a drop from the prior period but mild growth from a year earlier. Tesla has recorded annual declines in the past two years. Here are the key numbers: Total Q1 vehicle deliveries: 358,023 Total Q1 vehicle production: 408,386 Analysts were […]
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DHS shutdown: Senate advances deal to fund agency with TSA, waits on House
Senate Majority Leader John Thune (R-SD) speaks to members of the media outside the Senate Chamber after passing a Department of Homeland Security (DHS) funding bill by unanimous consent at the U.S. Capitol Building on April 2, 2026 in Washington, DC. Andrew Harnik | Getty Images The Senate on Thursday advanced a deal to fund […]
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Countries are rethinking retirement systems – here’s what that means
By 2050, there will be 52 people aged 65 and over for every 100 working-age adults, increasing pressure on pension systems worldwide. Governments are responding by reshaping retirement systems — from shifting investment strategies to improving long-term sustainability. But progress is uneven, and where you live could have a significant impact on your retirement security. […]
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Coca-Cola unveils ad campaign with 13 restaurant chains to boost drink sales as diner traffic falls
Coca-Cola on Thursday unveiled a new marketing campaign to boost sales of its soda at restaurants as declining traffic and sluggish sales growth challenge both the industry and its top beverage supplier. The campaign marks the first time Coke has released ads featuring multiple restaurant partners. The commercials flash across different consumers ordering their meals […]
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