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U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war - CNBC
business 2026/05/03 11:08:46

U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war - CNBC

Oil exports are booming from the U.S. Gulf Coast thanks to the Middle East supply disruption caused by the Iran war.

CNBC
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Greg Abel rules out Berkshire break-up, stresses continuity with Buffett's legacy at annual meeting - CNBC
business 2026/05/03 11:00:52

Greg Abel rules out Berkshire break-up, stresses continuity with Buffett's legacy at annual meeting - CNBC

New CEO Greg Abel did most of the talking at his first Berkshire Hathaway shareholders meeting, but Warren Buffett was still a major presence.

CNBC
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He beat Elon Musk in court once. Sam Altman hired him to do it again. - Business Insider
business 2026/05/03 10:00:19

He beat Elon Musk in court once. Sam Altman hired him to do it again. - Business Insider

A former cab driver and rock band singer, William Savitt is now at the top of an elite law firm with experience defeating Elon Musk in court.

Business Insider
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He recorded his quest for tariff refunds. It shows why billions may never get repaid - NPR
business 2026/05/03 10:00:00

He recorded his quest for tariff refunds. It shows why billions may never get repaid - NPR

After the Supreme Court struck down most of President Trump’s tariffs, Richard Brown began lining up the paperwork he needed to get his refund. Experts say many businesses may never get their money back.

NPR
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It’s Illegal in China to Lay Someone Off to Replace Them with AI, Court Finds - Gizmodo
business 2026/05/03 09:30:15

It’s Illegal in China to Lay Someone Off to Replace Them with AI, Court Finds - Gizmodo

“Employers are prohibited from shifting operating costs to employees.”

Gizmodo.com
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US households could be in for a second wave of Iran war inflation that hits more than just gas - Business Insider
business 2026/05/03 09:25:00

US households could be in for a second wave of Iran war inflation that hits more than just gas - Business Insider

The US economy is in for a second inflation shock from the Iran war. This time it won’t be from fuel prices, but groceries and other consumer goods.

Business Insider
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