Author: Editor-In-Chief
A Maersk container ship loaded with cargo containers departs from port waters near Kwai Tsing Container Terminal in Hong Kong, China, March 19, 2026.Chen Xin | Getty Images News | Getty ImagesThe CEO of Maersk, one of the world’s largest shipping companies, said Thursday that one of his merchant vessels was able to safely pass through the Strait of Hormuz thanks to an “extremely well-executed mission” by the U.S. Navy.Maersk confirmed earlier this week that the US-flagged Alliance Fairfax, operated by Maersk Lines Ltd. (MLL) subsidiary Farrell Lines, safely crossed the narrow waterway and the Persian Gulf on Monday, accompanied…
A version of this article first appeared in the CNBC Property Play newsletter with Diana Orrick. Property Play covers new and evolving opportunities for real estate investors, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large publicly traded companies. Sign up to receive future editions directly to your inbox. Anyone who has ever bought or sold a home knows how long and tedious the closing process can be. It requires outdated paperwork that requires multiple signatures, disclosures, and mountains of compliance forms from various parties. Some of the processes are digital, but most are not.…
The World Health Organization announced on Thursday that five cases of the virus have been confirmed among people aboard the cruise ship MV Hondius, as health authorities around the world scramble to track and contain the spread. Three people, a Dutch couple and a German, have died since the ship left Argentina last month. The first suspected case was a 70-year-old Dutch national who suddenly became ill on board the ship with a fever, headache, abdominal pain and diarrhea, South Africa’s Department of Health told CNN. He died on board the ship on April 11th. Meanwhile, operator Oceanwide Expeditions said…
It is sixth versus third in the first of our Championship play-off semi-finals, but it feels like a much closer battle than usual between Hull and Millwall.Hull may have only forced their way back into the play-offs on the final day, while Millwall still had a shout for automatic promotion as they eventually finished third, but for most of the season these two were going toe to toe in and around the top six. The Tigers were above the Lions as recently as February. And both sides have beaten the other on the road this season. Hull won at The…
Autonomous driving has been “on the horizon” for more than a decade. But somewhere between DARPA’s challenges and a few driverless trucks hauling cargo between Dallas and Houston, Aurora co-founder and CEO Chris Urmson’s story changed. The self-driving truck company began commercial driverless operations last April and has expanded from a few trucks to hundreds this year. In this episode of TechCrunch’s Equity podcast, we bring you a conversation between Rebecca Bellan and Urmson at the HumanX conference in San Francisco. The two delved into the long journey from lab to highway and how physics AI is different from the…
Investor Paul Tudor Jones said Thursday that incoming Federal Reserve Chairman Kevin Warsh is not considering cutting interest rates and may instead want to consider raising them.”Do you think he’s going to cut rates? There’s no chance of that,” Jones said in a wide-ranging interview on CNBC’s “Squawk Box.”Warsh has made no secret of his belief that central banks should consider lowering interest rates. The Fed’s benchmark overnight interest rate currently ranges from 3.5% to 3.75%, where it has been since December.Warsh sees a path to relief, but he faces the most dissenting Federal Open Market Committee meeting in nearly…
swirl Shares fell sharply on Thursday after the iconic consumer electronics maker warned that the Iran war had triggered a deep economic downturn, highlighting how rising fuel prices and collapsing consumer confidence are starting to weigh on big-ticket purchases.”The war in Iran caused a collapse in consumer confidence in late February and March, leading to recession-level decline in the industry in the United States,” the company said in its earnings report.The comments marked one of the harshest corporate warnings yet about the economic impact of the conflict and contrasted with the more resilient spending trends that travel and hospitality companies…
US Secretary of State Marco Rubio told reporters on Tuesday that he had asked the United Nations to pressure Iran to “cease ship bombings, clear mines and allow humanitarian relief” in the Strait of Hormuz.Members of the United Nations Security Council on Tuesday began closed-door consultations on a resolution drafted by the United States with Bahrain, Saudi Arabia, the United Arab Emirates, Kuwait and Qatar. If passed, the resolution could lead to sanctions against Iran and authorize the use of force if Iran fails to stop attacks or threats against commercial shipping in the strait.The closure of the strait, through…
Andriy Jegratz described the final moments of the match, in which Arsenal drew 1-1 with Brighton and the result confirmed Manchester City as champions, as “painful”. The team gathered at City’s Academy Stadium to watch the game, champagne ready to pop. It was a tense wait. The final whistle sounded with chants of “champions, champions, ole, ole, ole” and the focus was on City’s victory. In theory, the title has been within their grasp for weeks since November, as they have been leaders of the Women’s Super League, but they have stumbled on the goal line before. Since they were…
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Thursday. If you live in the Sunbelt, you may soon find yourself next to a driverless big rig. Distribution giant McLane plans to introduce unsupervised self-driving trucks to routes in the region by the end of the year.Stock futures are up slightly this morning after another strong day on Wall Street.Here are five important things investors need to know to start their trading day.1. Advanced MathematicsAMD CEO Lisa Su speaks to CNBC on May 6, 2026. CNBCadvanced micro device Yesterday, it surprised Wall Street with…