Tunyada Kongkapan | E+ | Getty Images A growing number of filers are facing tax refund delays amid a government-wide phaseout of paper checks. House Ways and Means Committee Democrats this week sent another letter to Treasury Secretary Scott Bessent, with “additional concerns” about roughly 1.4 million IRS notices sent to filers about refund delays…
A view of a Sephora beauty product store on May 30, 2025 in Sherman Oaks, California. Justin Sullivan | Getty Images Italian regulators are looking to clamp down on the tween skincare obsession and are investigating the LVMH-owned cosmetic brands Sephora and Benefit over an “insidious” marketing campaign to children. The Italian Competition Authority (AGCM)…
The main ingredient in sustainable aviation fuel (SAF) is used cooking oil — and the world is running out of it. As governments push ahead with mandates to drive down carbon emissions, limited supply and higher demand are pushing prices two to five times higher than convention jet fuel. From Europe’s legally binding blending mandates…
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Helium has emerged as a key focus for the tech sector as industry watchers cast their minds to the implications of a prolonged Iran war. A byproduct of natural gas production, helium is crucial to semiconductor manufacturing and…
AstraZeneca‘s stock jumped as much as 4% after Britain’s most valuable company said its experimental lung disease medicine met its target in two late-stage clinical trials. The respiratory treatment Tozorakimab, reduced flare-ups of chronic obstructive pulmonary disease in both former smokers and in the overall population versus placebo, the company said. “This marks a notable…
A sign of Swiss pharmaceutical giant Novartis is seen on the top of a building at Novartis Campus in Basel, northern Switzerland, on Sept. 9, 2025. Fabrice Coffrini | AFP | Getty Images Novartis is planning to buy U.S.-based biotech Excellergy for up to $2 billion, betting on a next-generation allergy treatment that may prove…
The European Union needs to dial back regulation of U.S. big tech companies if it wants to be part of the AI economy, the U.S. ambassador to the EU Andrew Puzder told CNBC on Friday. “If the European Union is going to participate in the AI economy…They’re going to need data centers, data and access…
Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman. Elke Scholiers | Getty Images European stocks fell on Friday after U.S. President Donald Trump extended the ongoing hiatus of attacks on Iran’s energy infrastructure. Shortly after the opening bell, the…
SHENZHEN, CHINA – MARCH 24: Pedestrians walk past a Huawei retail store inside a shopping mall on March 24, 2026 in Shenzhen, Guangdong province, China. Huawei continues to expand its offline retail presence as competition in China’s consumer electronics and smart device market remains intense. (Photo by Cheng Xin/Getty Images) Cheng Xin | Getty Images…
US President Donald Trump hosts a cabinet meeting in the Cabinet Room of the White House on March 26, 2026. Jim Watson | AFP | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to another edition of CNBC’s Daily Open. These days, a deadline is rarely a deadline. U.S. President…
