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Top stories and hot topics from the media in the world, a division of @iBreaking .
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CNBC: China to buy U.S. oil to feed its 'insatiable appetite,' Trump tells Fox News

Trump and Chinese President Xi Jinping are scheduled to meet Friday to close out a two-day summit that has featured pageantry and dealmaking.

https://www.cnbc.com/2026/05/15/trump-xi-summit-energy-purchase-china-iran-war-oil-shock-.html
CNBC: Oil prices jump after Trump says China agreed to buy U.S. crude following Xi talks

Oil prices rose Friday on news that China has agreed to purchase oil from America

https://www.cnbc.com/2026/05/15/oil-prices-china-us-iran-strait-of-hormuz-middle-east.html
CNBC: Billionaire Gautam Adani and nephew agree to pay $18 million in SEC settlement over fraud allegations

Indian billionaire Gautam Adani and his nephew Sagar Adani have agreed to settle a U.S. Securities and Exchange Commission lawsuit over allegations they misled investors.

https://www.cnbc.com/2026/05/15/us-sec-settlement-gautam-adani-sagar-adani-fraud-case.html
CNBC: Honda shares rise over 7% as investors shrug off first operating loss in nearly 70 years

Honda Motor rose over 7% on Friday, even after posting its first annual operating loss in nearly 70 years.

https://www.cnbc.com/2026/05/15/honda-shares-rise-even-after-company-reports-operating-losses-.html
CNBC: Japan's global defense business may be on the cusp of a big breakout

Can Japan be a major player in the international defense sector, like its neighbor South Korea?

https://www.cnbc.com/2026/05/14/japan-defense-arms-exports-weapons-south-korea.html
CNBC: CIA chief makes historic trip to Cuba as US blockade chokes island's energy supplies

The U.S. has been restricting oil shipments to Cuba since January, plunging the country into blackouts lasting days at a time.

https://www.cnbc.com/2026/05/15/cuba-cia-john-ratcliffe-oil-blockade-trump-blackouts.html
CNBC: Cramer backs Nvidia selling AI chips in China — but says the stock can thrive either way

CNBC’s Jim Cramer said Nvidia should be allowed to sell AI chips in China, arguing it is better to keep Chinese companies reliant on American technology.

https://www.cnbc.com/2026/05/14/cramer-backs-nvidia-selling-ai-chips-in-china.html
CNBC: Cerebras IPO mints two billionaires, sets stage for potential AI wave

Cerebras closed its first day of trading with a market cap close to $100 billion and turned two co-founders into billionaires in the process.

https://www.cnbc.com/2026/05/14/cerebras-ipo-mints-two-billionaires-sets-stage-for-potential-ai-wave.html
CNBC: UAE fast tracks second West-East oil pipeline to bypass Strait of Hormuz

The second pipeline project comes as global energy supplies remain under pressure and flows through the Strait of Hormuz remain severely limited

https://www.cnbc.com/2026/05/15/uae-west-east-oil-pipeline-strait-hormuz-iran-war.html
CNBC: Family investors turn to old-economy businesses like dealerships and fisheries to avoid AI disruption

While car dealerships and fisheries are less eye-catching than high-flying AI startups, they offer stability and cash flow that's attractive to family offices.

https://www.cnbc.com/2026/05/15/family-investors-economy-businesses-to-avoid-ai-disruption.html
CNBC: Magnum Ice Cream stock soars 18% after report of potential private equity takeover

It comes just six months after Magnum Ice Cream Company spun off from Unilever to create the world's largest standalone ice cream maker. 

https://www.cnbc.com/2026/05/15/magnum-ice-cream-takeover-report-blackstone-cdr.html
CNBC: Cerebras stock falls after blockbuster IPO debut — here's what's happening

Cerebras Systems' shares were lower in early trading Friday, after its blockbuster stock market debut on Thursday.

https://www.cnbc.com/2026/05/15/cerebras-stock-ipo-debut-ai.html
CNBC: Maine might boot Sen. Susan Collins. It could hurt the state's wallet for years

Sen. Susan Collins is the lone New England Republican left in Congress and chairs the Senate Appropriations Committee.

https://www.cnbc.com/2026/05/15/maine-graham-platner-susan-collins-senate-congress.html
CNBC: Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms

Reasons for the job declines vary by automaker, but are generally tied to evolving technological changes in the industry — including the rise of AI.

https://www.cnbc.com/2026/05/15/general-motors-ford-stellantis-job-cuts-ai.html
CNBC: Trump told Xi ‘I don't talk about’ whether U.S. would defend Taiwan from China

President Donald Trump spoke about Taiwan after a two-day visit to China, where he said he discussed Iran, and trade deals with Chinese President Xi Jingping.

https://www.cnbc.com/2026/05/15/trump-china-xi-taiwan.html