Business Update

Iran is trying to assert its control over the strait by charging for passage. Experts say it is unlikely to happen, but the threat has unsettled the shipping industry. Source link

A chemical leak occurred at one of the company’s manufacturing plants in California, raising concerns about an explosion. Source link

Employees of a dealership in Olathe, Kan., found the nest, which is protected under federal law, on top of one of the truck’s tires. Source link

The total tripled his usual audience this season. But it is only about half of what Jay Leno and David Letterman attracted for their final episodes. Source link

With gas prices through the roof, more travelers are considering alternative vehicles to control costs. But how much will you really save? Source link

Inside the reworked Stage 5, a hallowed soundstage where John Wayne once roamed and the cast of “Friends” sipped coffee on couches. Source link

They played second fiddle to private equity and hedge funds for years, but 2026 is shaping up to be “the year of the bank,” one consultant said. Source link

Guy Savoy, who worked his way up from modest beginnings (and a recent setback), this week became the first chef inducted into the prestigious Académie des Beaux-Arts. Source link

Preapproved plans trim weeks or months off the process of getting a building permit. “Every month of delay adds costs that ultimately land on the buyer,” one housing expert said. Source link

Gov. Gavin Newsom of California has floated a policy idea that’s getting attention in Silicon Valley: let workers own a piece of technology disruption. Source link