HOUSTON — Asian countries want to buy more U.S. energy to reduce their dependence on oil and gas exports from the Middle East, Interior Secretary Doug Burgum told CNBC on Monday. Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz. Oil tanker traffic through the strait has plunged as Iran…
The Women’s National Basketball Player’s Association ratified the terms of a new collective bargaining agreement Monday, calling it “transformational” and “bigger than basketball.” The new CBA begins this season and runs through 2032. When asked her opinion of the most important outcome from the deal, WNBPA President Nneka Ogwumike had two words: “Bank accounts.” “Being…
HOUSTON — The Trump administration plans to bring additional diesel to the market as fuel prices surge, Energy Secretary Chris Wright told CNBC on Monday. “We do have some ideas on diesel, that we can bring extra diesel to the marketplace,” Wright told CNBC’s Brian Sullivan in an interview. “I think we’ll see that happen…
Panicked drivers lined up in long queues outside gas stations across China Monday after receiving an alert from Chinese oil giant Sinopec about a pending price hike. The state refiner issued a notice Sunday that the price of gas will be set higher by a “meaningful” amount starting March 24. “As soon as I got…
Production of the Toyota Camry at the automaker’s plant in Georgetown, Kentucky. Courtesy Toyota Toyota Motor on Monday announced it would spend $1 billion at two U.S. plants as part of a plan to invest up to $10 billion domestically over the next five years. The new investments include $800 million at a plant in…
Shares of Synopsys climbed about 4% Monday as activist investor Elliott Investment Management built a multibillion-dollar stake in the company, CNBC’s David Faber confirmed. “As AI drives a step change in chip complexity and capital investment, Synopsys is uniquely positioned to benefit from this growth,” Jesse Cohn, Managing Partner at Elliott, told CNBC. “We believe…
President Donald Trump said in a Truth Social post Monday that, following talks with Iranian authorities, he ordered the U.S. military to postpone strikes on Iran’s power plants and energy infrastructure for five days. He told CNBC’s Joe Kernen in a phone call shortly after the post that “we are very intent on making a…
A Transportation Security Administration (TSA) agent looks on passengers queue to go through security at New York’s LaGuardia airport on March 22, 2026. Charly Triballeau | Afp | Getty Images NEW YORK — Andrew Leonard showed up at John F. Kennedy International Airport at 4:45 a.m. on Monday for his 7 a.m. flight to Seattle….
Huel makes vegan, powdered meal replacements, catering to people who “deem themselves time-poor” but want healthy, environmentally sustainable meals. Source: Huel French food and beverage maker Danone said Monday it’s set to buy protein drinks maker Huel as a more health-conscious younger generation and the rise of weight-loss drugs pushes companies to rethink what people…
miner looks across the largest open pit gold mine in Australia called the Fimiston Open Pit, also known as the Super Pit, in the gold-mining town of Kalgoorlie, located around 500 kilometres east of Perth. David Gray | Reuters Gold price fell sharply on Monday morning as investors continued to ditch exposure to the precious…
