Business - Friday, April 3, 2026

Surging gasoline prices in the Philippines have forced some people to cancel or scale back the Visita Iglesia, a Holy Week tradition in which Catholics travel to seven churches.

Ripple effects of oil and fertiliser shortage felt by farmers in India and Sri Lanka despite governments saying there is enough stock to go round Gurvinder Singh never thought the war in Iran would touch his quiet corner of Punjab. Yet looking out over his smallholding, where he alternates between wheat and rice crops in the state known as India’s breadbasket, the 52-year-old farmer can barely think of anything else. His anxiety over a conflict playing out thousands of miles away is crippling as he fears what will come of this season’s rice crop. Continue reading...

OpenAI President Greg Brockman will oversee product in Simo's absence.

Over 10 months after shelling out an eye-popping $6.4 billion for Jony Ive's nascent devices startup, OpenAI announced it's buying media company TBPN.

The change follows weeks of complaints from a grandson of the Reese’s Peanut Butter Cup inventor and other vocal consumers.

The Justice Department lost its bid to continue an investigation into building-renovation cost overruns by the Federal Reserve, setting the stage for an appeal that could eventually reach the Supreme Court.

Raw Farm, a dairy producer in California, denies that its products have caused the outbreak, which has sickened people in three states.

It is unclear if the plane was shot down or went down for another reason.

Grandson of Reese’s cups inventor claims Hershey faked a pledge to switch back to original chocolate recipes The grandson of HB Reese , the inventor of Reese’s Peanut Butter Cups, has accused the chocolate giant Hershey of faking a pledge to investors to switch back the recipes of its popular products – including KitKat – to the original milk and dark chocolate ones. A confectionary-focused dust-up between Brad Reese and the $42bn Pennsylvania-based company began in February when Reese, 70, accused the company of “quietly replacing” the ingredients – or “architecture” – in his grandfather’s invention with cheaper “compound coatings” and “peanut-butter-style crèmes”. Continue reading...

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)