Gas tax holiday as Trump promises? Not so fast, trucking, construction industries say
President Donald Trump and lawmakers are eyeing federal gas tax relief, but opponents argue a pause wouldn't help consumers and could harm roads.
CNBC US - 2026-05-13 10:00:01Alibaba's core profit plunges 84% even as AI and cloud growth accelerate
Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.
CNBC World - 2026-05-13 09:58:44Jim O'Neill: 4 lessons the U.K. must learn from bond markets after gilts sell-off
Britain faces among the highest borrowing costs of any developed nation — but bond markets offer 4 key lessons the government can embrace to remedy the issue.
CNBC World - 2026-05-13 09:55:23Oil Prices Ease After Three-day Rally
(RTTNews) - Oil prices were slightly lower on Wednesday after three days of strong gains.
Nasdaq Commodities - 2026-05-13 09:51:07'Bond markets on edge' as King Charles sets out fragile U.K. government's agenda
U.K. gilts and bonds faced heavy selling pressure in response to the latest 'Starmer drama', as the prime minister faces down rivals ahead of the King's Speech.
CNBC World - 2026-05-13 09:39:06Kool-Aid to launch electrolyte packets with no artificial dyes as part of Kraft Heinz makeover
Parent company Kraft Heinz is trying to reverse slumping sales by modernizing many of its legacy brands.
CNBC US - 2026-05-13 09:30:01China’s new rules give the West a new headache
Beijing now has strong new powers to punish firms for pulling manufacturing out of China. Multinationals are increasingly caught in a web of coercion and complex rules as they try to operate across the US, EU and China.
DW Business - 2026-05-13 09:15:00China's Tencent sees boost from gaming, AI demand even as revenue comes in weaker than expected
The tech giant reported its first-quarter 2026 earnings on Wednesday.
CNBC US - 2026-05-13 09:13:07Stellantis’ Leapmotor partnership points to a wider — and riskier— industry gamble
A recent tie-up between Jeep maker Stellantis and China's Leapmotor is seen as a watershed moment for the future of European carmaking.
CNBC US - 2026-05-13 09:09:37Novo Nordisk A/S Q1 Earnings Call Highlights
Hims & Hers Stock Plunges After Q1 Miss: Is the GLP-1 Pivot Enough to Fuel a Recovery?Novo Nordisk A/S (NYSE:NVO) said its first quarter of 2026 was marked by rapid uptake of its newly launched Wegovy pill in the U.S., continued expansion of its obesity franchise and a series of
Nasdaq Earnings - 2026-05-13 09:06:38