The Latest Breaking News from CNBC

Trump Removes Scotch Whisky Tariffs After King Charles State Visit To Washington

The U.S has lifted tariffs on Scotch whisky following a state visit by King Charles III and Queen Camilla, with President Donald Trump announcing the decision as a gesture tied to the visit.

International Business Times · May 1

Hershey's CEO Claims Ozempic Breath is Driving Massive Surge in Mint and Gum Sales Across the United States

Hershey's CEO attributes an 8% sales increase in Ice Breakers mints and gum to the side effects of GLP-1 weight-loss drugs, highlighting an unexpected revenue driver.

International Business Times UK · May 1

Iran Reportedly Gives U.S. Response To Document Seeking To End The War

Iran gave the U.S. its response to the latest version of the document seeking to end the war, according to a new report.

International Business Times · May 1

Labubu boo-boo? US sales plunge for toy maker as it struggles to diversify beyond popular plushie

Pop Mart went viral for its creepy and cute monster plushies but it remains to be seen whether it can hold on to its fan base

The Independent UK · Apr 30

‘You don’t cook a Thanksgiving turkey in the microwave’: Pentagon confirms Department of Defense will use Google Gemini for ‘classified projects’ – US military to expand AI vendors as ‘overreliance on one vendor is never a good thing’

Google's Gemini joins OpenAI's ChatGPT as AI models being leveraged by the Department of Defense for warfighting capabilities.

TechRadar · Apr 29

EU Flags Meta For Failing To Enforce Age Limits On Facebook, Instagram

Meta has been charged by European regulators for failing to prevent children under 13 from accessing Facebook and Instagram.

International Business Times · Apr 29

Jim Cramer Warns 'Parabolic' Chip Rally Signals Dot-Com Risks — How To Protect Your Portfolio

Jim Cramer said the semiconductor index's record 18-session winning streak and 47% surge are 'worrisome,' drawing parallels to February 2000.

International Business Times UK · Apr 29

US Petrol Prices Hit Four-Year High? Reports Claim Gridlock Over Reopening of Strait of Hormuz Sent Cost to $4.18 a Gallon

US petrol prices have surged to a four-year high due to geopolitical tensions over the Strait of Hormuz, affecting global oil supply and consumer costs.

International Business Times UK · Apr 28

Chicago Man Turned $2,300 Side Hustle Into $2M Business Mailing 'History' — Then Landed Shark Tank Deal

Ari Siegel's History By Mail, a subscription service for historical document replicas, secured a Shark Tank deal after reaching $2 million in revenue. The company plans further expansion.

International Business Times UK · Apr 28

Baker Hughes CFO Warns Strait of Hormuz May Not Fully Reopen Until Late 2026

Baker Hughes CFO Ahmed Moghal told investors on the company's first-quarter earnings call that Baker Hughes' financial guidance assumes the conflict continues through the end of June.

International Business Times · Apr 27