Passenger planes sit on the tarmac at Shanghai Hongqiao International Airport on Nov. 4, 2022, before China ended Covid-related restrictions on travel. Future Publishing | Future Publishing | Getty Im...
Tag: business news
Facing climate change, Asia farmers turn to risky microfinance loans
The “microfinance” industry — long touted as a way to help poor, rural communities in developing countries — is pushing tens of thousands of farming families into debt traps as they attemp...
Shares of Chinese funeral company rise as Covid infections leap
Workers in protective gear handle a coffin and coffin case at Dongjiao Funeral Parlor, reportedly designated to handle Covid fatalities, in Beijing, China, on Monday, Dec. 19, 2022. Bloomberg | Bloomb...
Airlines cancel 17,000 flights due to severe winter weather but disruptions ease
Aircraft are deiced at General Mitchell International Airport in Milwaukee Reuters Flight cancellations eased further on Monday but disruptions from severe winter weather across the U.S. lingered at t...
Hope Global Forums rallies business leaders for financial literacy
Preaching a message of financial education and financial freedom, John Hope Bryant is galvanizing America’s top business leaders in the battle for “silver rights,” a term he coined t...
Pack these snacks, says nutritionist
Travelers have a host of pathogens to dodge this winter, including the “tripledemic” of infections caused by Covid-19, flu and RSV (respiratory syncytial virus). But there are steps people...
Travel abroad set for 2023 surge as Americans eye Asia, Europe trips
Mt. Fuji, Japan. Jirawat Plekhongthu / Eyeem | Eyeem | Getty Images Americans are poised to travel overseas in a big way in 2023. Households are continuing to unleash two or three years’ worth o...
Airlines cancel 10,000 flights and scramble to rebook travelers
An American Airlines plane is de-iced as high winds whip around 7.5 inches of new snow at Minneapolis-St. Paul International Airport Thursday, December 22, 2022. Star Tribune Via Getty Images | Star T...
The Way of Water’ nears $900 million at the global box office
Avatar: The Way of Water Courtesy: Disney Co. Disney and James Cameron’s “Avatar: The Way of Water” snared an estimated $56 million during its second weekend in theaters, a 58% drop...
FDA changes Plan B packaging to clarify that it is not an abortion pill
In this photo illustration, PlanB one-step emergency contraceptive is displayed on June 30, 2022 in San Anselmo, California. Justin Sullivan | Getty Images The Food and Drug Administration is changing...
Mission Produce, Nutanix, Alphabet, Tesla and more
A Tesla service and sales center is shown in Vista, California, June 3, 2022. Mike Blake | Reuters Check out the companies making headlines in midday trading Friday. Energy — Energy stocks outperforme...
Tax-free rollovers from 529 plans to Roth IRAs may be allowed in 2024
Maskot | Maskot | Getty Images Americans who save for college in 529 plans may soon have a way to rescue unused funds while keeping their tax benefits intact. A $1.7 trillion government funding bill p...
YouTube NFL Sunday Ticket deal is a win for traditional TV networks
Los Angeles Chargers running back Austin Ekeler, center, runs for extra yardage while Tennessee Titans linebacker Monty Rice, left, and safety Andrew Adams (47) attempt a tackle during the second half...
FedEx, UPS warn on delays, airlines cancel more flights
An American Eagle plane taxis during a snow storm at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Tuesday, Dec. 20, 2022. David Ryder | Bloomberg | Getty Images FedEx and ...
Jim Cramer’s Investing Club meeting Friday: Fed strategy, Club mantra
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. The Fed isn’t ready t...
How to maximize your tax deduction for charitable donations
Members of the Salvation Army play music during the lighting of the world’s largest Red Kettle in the Times Square neighborhood of New York, U.S., on Tuesday, Dec. 1, 2020. Jeenah Moon | Bloombe...
Online car market Bring a Trailer closes out year with $1.35B in sales
1977 Datsun 280Z 4-Speed Courtesy: Kahn Media Online car market Bring a Trailer said it expects to close out the year with a record $1.35 billion in sales, as a new generation of collectors logged on...
Marijuana black market undercuts legal business
A man smokes marijuana during a hip-hop performance at the 11th annual block party held by the Bushwick Collective in Brooklyn, New York, on June 4, 2022. Alex Kent | AFP | Getty Images Thriving, unre...
The Way of Water needs strong second week at box office
Avatar: The Way of Water Courtesy: Disney Co. All eyes are on “Avatar: The Way of Water’s” second week at the box office. James Cameron’s long-awaited sequel to the highest-gr...
Supply chain managers expect problems to continue through 2024
Bloomberg | Bloomberg | Getty Images More than half of logistics managers at major companies and trade groups say they do not expect the supply chain to return to normal until 2024 or after, according...
China is reopening after zero-Covid. But there’s a long road ahead
Shanghai’s main road lies empty during the evening rush hour on Thurs. Dec. 22, 2022, amid a wave of Covid infections. Future Publishing | Future Publishing | Getty Images BEIJING — It’s b...
How do Christmas traditions vary around the world? See the photos
For many, Christmas is a time of gift exchanges, log cakes and turkey dinners. But that’s not the case everywhere. In a yearly series, CNBC Travel highlights diverse Christmas celebrations aroun...
How the market got it wrong
The crypto market has been battered this year, with more than $2 trillion wiped off its value since its peak in Nov. 2021. Cryptocurrencies have been under pressure after the collapse of major exchang...
Bankman-Fried execs likely to be freed on bail after FTX fraud pleas
Damian Williams, US attorney for the Southern District of New York, speaks during a new conference at the US Attorney’s Office-Southern District of New York (SDNY) in New York, US, on Tuesday, D...
Teladoc Health is not a good situation
PagSeguro Digital Ltd: “We have to remember it’s from Brazil, so therefore it’s politically unstable. I hate to just be so broad-sweeping as that. … These are political issues....
Jim Cramer says the ‘worst of 3 worlds’ helped lead stocks lower on Thursday
CNBC’s Jim Cramer outlined three reasons that markets lost a short-lived rally on Thursday. If the economy were running colder, if the stock market was lower, and if interest rates were higher b...
AMC plunges after theater company announces capital raise
AMC Movie theatre Scott Mlyn | CNBC AMC Entertainment‘s stock fell swiftly Thursday after the company announced a new $110 million capital raise and a proposed reverse stock split that will requ...
NFL Sunday Ticket goes to YouTube in $2 billion annual deal
The National Football League announced Thursday its “Sunday Ticket” subscription package would go to Google‘s YouTube TV starting next season, marking the league’s second media...
AMC Entertainment, Tesla, Micron, Under Armour and more
Pedestrians pass in front of an AMC theater in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. AMC Entertainment — Shares plummeted 7.4% after the company propo...