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Magnolia CEO: Aiming for Healthy Traffic in US Expansion
Magnolia Bakery CEO Nathan Louer discusses US franchise expansion, remaining an ‘attainable luxury,’ and why driving traffic is the key to the company’s long term strategy. He talks with Katie Greifeld and Bailey Lipschultz on “The Close.” (Source: Bloomberg)
Almost 6 in 10 still say taxes too high: Gallup
A new poll found that most Americans say they pay too much in taxes, a metric that has remained high for the fifth year in a row. Gallup’s poll released Friday shows that nearly 6 in 10 Americans, or 59 percent, said their taxes are too high. A slightly smaller portion at 37 percent said…
San Francisco man arrested after allegedly hurling Molotov cocktail at OpenAI boss Sam Altman's mansion
San Francisco man arrested after allegedly hurling Molotov cocktail at OpenAI boss Sam Altman's mansionSign up for our US Editor's Picks newsletter to get all the best exclusive storiesBy WILKO MARTÍNEZ-CACHERO, US REPORTER Published: 21:52, 10 April 2026 | Updated: 22:03, 10 April 2026 e-mail 37 View comments
Trump tariff refund tool will go live on April 20, US Customs says
Importers seeking tariff refunds will be able to begin filing their requests on April 20, US Customs and Border Protection said on Friday. In the first phase, the CBP’s Consolidated Administration and Processing of Entries tool, called CAPE, will process paperwork for certain straightforward and recent import entries – leaving more complex refund scenarios for later. The move comes as the administration looks to comply with the February ruling by the US Supreme Court that threw out duties that.....
Top Gulf Aluminum Maker Declares Force Majeure on Some Contracts
Emirates Global Aluminium, the Middle East’s top producer of the metal, invoked force majeure clauses to suspend at least some deliveries after one of its smelters was put out of action by an Iranian attack.
Spain, Morocco Move Closer to Building Strait of Gibraltar Tunnel
Marrakech – Spain and Morocco have taken a major step toward building a submarine tunnel under the Strait of Gibraltar. A memorandum of understanding (MoU) was signed between Spain’s National Geographic Institute and Morocco’s National Center for Scientific and Technical Research (CNRST) to conduct joint research on the seismicity and geodynamics of the strait. Spanish Transport Minister Óscar Puente and his Moroccan counterpart, Karim Zidane, met on December 4, 2025 at La Moncloa to forma...
Mining Executives Accused of Hijacking Brazil Lithium Claims
Executives at Canadian minerals explorer Emerita Resources Corp. have been accused by Ontario’s securities regulator of diverting the firm’s lithium project rights to a new company they controlled.
Wall Street Strategists Wrestle With War’s Toll on 2026 Outlook
A fragile Middle East ceasefire sent traders rushing back into risk assets this week. Yet Wall Street strategists warn that the war has already scarred inflation, energy supplies and the Federal Reserve’s ability to act — damage no truce can quickly undo.
Stocks Halt Winning Streak | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Katie Greifeld, Bailey Lipschultz, Emily Graffeo and Tim Stenovec. (Source: Bloomberg)
Crispin Odey drops £79m libel claim against FT over sexual misconduct allegations
Former hedge fund manager ‘forced to accept’ newspaper likely to succeed in its public interest defence, say his lawyersCrispin Odey, the former hedge fund manager, has dropped his £79m libel claim against the Financial Times over its reporting of sexual misconduct allegations against him, his lawyers have said.In 2023, the FT published several articles from 20 women alleging sexual assault and harassment against Odey, covering a period of five decades. He has previously denied the allegations a...
Middle East war triggering global energy ‘shock’ – IMF
Disruptions to oil and gas supplies will leave lasting “scars” on the world economy, managing director Kristalina Georgieva has said The war in the Middle East has delivered a major global energy supply “shock” that will push up prices further and leave the world economy facing weaker growth, the IMF has warned. The US-Israeli attack on Iran and subsequent Iranian retaliatory strikes across the regio...
Syrian Finance Minister Says 2026 Budget Gap Is $1.8 Billion
Syrian Finance Minister Mohammed Yisr Barnieh presented the main items of the state’s 2026 general budget on Thursday, April 9, under the title “Citizens’ Version of the 2026 Budget,” pledging greater transparency and broader public understanding of its provisions. At a press conference attended by Enab Baladi, Barnieh said the new document aims to explain the 2026 budget in simplified language, including definitions of terms and figures, a breakdown of spending and revenues, and their direct im...
Why Opening the Hormuz Won’t Lower Gas Prices
Our energy reporter Rebecca F. Elliott explains why, even if the flow of energy is restored through the Persian Gulf, it will take months to carry out repairs across dozens of energy sites in the region.
5 takeaways from trade court battle over Trump’s new tariffs
Marathon arguments over President Trump’s 10 percent global tariff left judges toiling over the meaning of a 1974 trade law on Friday. The U.S. Court of International Trade in New York heard arguments in a challenge by small businesses and blue states to Trump’s new tariffs, which he imposed after the Supreme Court declared his…
What the new inflation spike could mean for mortgage interest rates
MoneyWatch: Managing Your Money What the new inflation spike could mean for mortgage interest rates We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.c...
NYC’s Car Capital Stung by High Gas Prices, GOP Lawmaker Says
Motorists in Staten Island, the borough with the highest percentage of car ownership in New York City, are getting hit by soaring gas prices resulting from the US war in Iran, Congresswoman Nicole Malliotakis said.
Dallas Stars CEO on Private Equity, Live Sports, Team Valuations
Private equity will play a larger role in professional sports, says Dallas Stars Chief Executive Officer Brad Alberts. He also talks about rising team valuations, streaming sports and if the team will move out of Dallas with Bloomberg's Julie Fine. (Source: Bloomberg)
America’s largest reservoir nears record-low water levels after dropping 6 feet in a month
NewsWorldAmericasAmerica’s largest reservoir nears record-low water levels after dropping 6 feet in a monthLake Mead’s water temperatures have also gone up, prompting concerns about water treatment operationsKatie Hawkinson in Washington, D.C. Friday 10 April 2026 20:30 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"sh...
Battery recycler Ascend Elements files for bankruptcy
Ascend Elements said on Friday it has started Chapter 11 bankruptcy proceedings in the U.S., a heavy blow to investors who had sunk nearly $900 million into the company. Linh Austin, Ascend’s CEO, announced the decision in a post on LinkedIn late Thursday night. He said the company faced “insurmountable” financial challenges.
High fertiliser prices mean more soybeans for farmers – and greater reliance on China
Jeff Winton, a dairy farmer in upstate New York who grows much of the feed for his own cattle, stopped planting corn in 2022 when fertiliser prices spiked. “We just couldn’t afford the input costs,” he recalled. The surge began after Russia’s invasion of Ukraine disrupted exports of nitrogen, urea and other key fertiliser nutrients, with Russia, alongside its ally Belarus, among the world’s leading suppliers. As the war in Ukraine entered its fourth year, a separate conflict involving the US,...