Business Update

Executives at the food and drink giant announced a rise in sales of drinks and snacks but warned that “inflation will come.” Source link

The publishing giant is also closing the international editions of Glamour Magazine in Germany, Spain and Mexico. Source link

Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans. Source link

Kevin M. Warsh is scheduled to testify on Tuesday despite an ongoing criminal investigation into the chair of the Federal Reserve that stands in the way of a smooth transition. Source link

Nationwide, hospital and providers are leaving private Medicare Advantage plans, putting thousands of seniors at risk of higher costs and the loss of trusted doctors. Source link

Oil prices stabilized and stocks rose on optimism that diplomatic talks could yield a permanent peace deal. Source link

Once held up as a key solution to climate change, a field that aims to remove carbon from the atmosphere is struggling to catch on. Source link

Putting a stop to Iranian shipping will further add to Iran’s economic pain, analysts said, but it might not be enough to force concessions or lessen the global energy crunch. Source link

If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights. Source link

A steep slide in housing prices has left consumers less prosperous and less willing to spend, but the government is pouring money into new rail lines and other projects. Source link