Trump administration moves to reclassify cannabis in major shift that could expand research
CNBC Business·60-word summary·1 min read
The Trump administration plans to reclassify marijuana as Schedule III, easing research restrictions without legalizing or altering federal penalties. This policy shift could facilitate scientific studies and medical research on cannabis, representing a major change in federal drug policy. The move aims to balance regulation with research needs, impacting future cannabis legislation.
A U.S. special forces soldier involved in the operation that removed Venezuela's Nicolás Maduro from office has been charged with betting on the raid. Federal authorities arrested the soldier, highlighting legal issues surrounding the covert operation. The incident underscores ongoing concerns about conduct and transparency in military operations related to geopolitical events.
Japan and Australia are expected to strengthen their economic and defense ties with a new economic security deal scheduled for early May, according to Kyodo News. This agreement aims to deepen cooperation between the two nations amid growing regional security concerns, reflecting their strategic partnership in the Indo-Pacific region. The deal marks a significant step in their ongoing alliance.
Alex Cooper, host of Call Her Daddy, faces internal challenges within her podcast empire, with some issues reportedly linked to her husband. The article, published by Bloomberg, highlights ongoing complaints and internal struggles as of April 2026. Specific financial figures or dates are not provided, but the report underscores internal conflicts affecting her business operations.
United Airlines CEO Scott Kirby aims to make the airline the best in history, despite challenges like merger talks, rising fuel prices, and internal conflicts. The article highlights his ambitious vision amid ongoing industry turbulence, but specific financial figures or dates are not provided. The focus remains on United’s strategic efforts to strengthen its position in the airline industry.
The US government engaged law firm Kirkland & Ellis to advise on a potential rescue deal for Spirit Aviation Holdings Inc., signaling ongoing efforts to stabilize the airline amid financial challenges, according to sources familiar with the matter. The move indicates the government’s active role in supporting strategic industries during economic uncertainty.
Federal Reserve Governor Michelle Bowman urged Wall Street CEOs to support capital plans that favor the industry and warned against requesting special carve-outs. Her comments, made in April 2026, emphasize the Fed’s stance on maintaining financial stability and discouraging industry-specific exemptions, signaling a push for more uniform capital requirements across financial institutions.
