Oil prices surge after Trump says U.S. will blockade the Strait of Hormuz

“Reopening the Strait has become the market’s most time-sensitive priority,” JPMorgan Chase commodities analysts said Sunday. “The last tanker to clear Hormuz on February 28 is expected to reach its destination around April 20, marking the point at which pre-closure barrels are fully exhausted from the global supply chain.” Last week, only 24 ships passed…

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Business Briefs April 13, 2025: Business news in the Berkshires and beyond

Greylock awards nonprofits Pittsfield— As part of its ongoing commitment and support of community partners, Greylock Federal Credit Union is awarding ten nonprofits with special gifts of $10,000 each totaling a $100,000 contribution to the nonprofit sector. In light of current events, Greylock’s leadership recognized the importance of awarding funds to organizations dedicated to providing…

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Ben Franklin Transit CEO is out

The board of the Tri-Cities’ transit agency unanimously agreed April 9 to fire its embattled top administrator following an investigation into allegations of financial malfeasance.  CEO Tom Drozt had been on paid administrative leave since Feb. 6 as Ben Franklin Transit’s counsel led the investigation.   Board members did not share details of the investigation’s final report before voting in public session to terminate Drozt’s contract without severance following a closed-door session discussion. It was stated that Drozt was called…

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Barron Trump SOLLOS yerba mate brand announces pineapple coconut flavor

Check out what’s clicking on FoxBusiness.com. First son Barron Trump’s new beverage venture has announced its first two flavors ahead of its planned launch, now set for May.  SOLLOS Yerba Mate, headquartered near Mar-a-Lago, revealed the news in a LinkedIn post last week. “Introducing our 12-pack: Pineapple + Coconut,” the company said. “Launching May 2026.”…

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