Coinbase partner ClearBank posts first full-year of profit

Charles McManus, CEO of ClearBank, speaks at the Innovate Finance Global Summit in April 2023. Chris Ratcliffe | Bloomberg | Getty Images ClearBank, a British financial technology firm powering payments for the likes of Coinbase, scored its first full year of profit after higher interest rates helped drive a 91% jump in revenues. The firm … Read more

Where and how the wealthy travel is changing

Heli-skiing on virgin snow in Antarctica for a cool $2.2 million. A polar bear safari in an “off-limits” area of Norway’s Svalbard for $300,000. How about tracking snow leopards in the Himalayas with renowned explorers for $100,000?  Big-ticket travel experiences like those are indicative of the “quiet luxury” trend which began in the world of … Read more

CEO Jensen Huang explains why Nvidia is making humanoid robots

Nvidia CEO Jensen Huang told CNBC’s Jim Cramer the artificial intelligence powerhouse is making humanoid robots because much of the data used to train them comes from the human form itself. “We’re in a world where,  in order to write a software for a computer, we use data, or training examples, and the computer learns … Read more

‘AI computing ramp’ is only beginning, will last years

Nvidia CEO Jensen Huang told CNBC’s Jim Cramer on Tuesday that investments in artificial intelligence computing remain in the early innings, predicting years of growth ahead as the technology affects a range of industries including health care. “We’re in the beginning of this AI computing ramp,” he said. “And we’re in the beginning of the … Read more

Outdoor Voices’ layoffs via Slack ‘lack basic empathy,’ says expert

Athletic apparel brand Outdoor Voices is just the latest in a long line of companies to conduct mass layoffs — and “totally mishandle” them, says a leadership expert. Employees were notified on Wednesday, via an internal Slack message, that the company was closing all 16 of their brick and mortar stores, “embarking on a new … Read more

Women CEOs in New Zealand enjoy twice the pay of their male counterparts

In 2023, New Zealand had the strongest board representation with more than 40% of female CEOs, according to MSCI. Shannon Fagan | The Image Bank | Getty Images New Zealand is showing the way for women participation in executive roles as well as compensation at a time when the rest of the world suffers from … Read more

used car market: India’s used car market size to touch USD 100 billion-mark by 2034: CARS24 CEO

Indian used car market is expected to touch the USD 100 billion-mark in the next ten years on the back of rising disposable incomes and a growing middle class, according to CARS24 Co-Founder and CEO Vikram Chopra. As per the findings of the Gurugram-based online used car marketplace, there are changes in market dynamics with … Read more

CEO says Hormel Foods is well-positioned as weight-loss drugs get big

Hormel Foods CEO Jim Snee told CNBC’s Jim Cramer on Thursday that his company is set up to do well as weight-loss drugs gain popularity, citing a varied “protein portfolio.” “No matter how you think about our portfolio, you’re going to encounter protein, which is a really important part of any diet program and especially … Read more

These are the 2024 CNBC Changemakers: Women transforming business

Women in leadership are reaching a level of success that is not only exceptional but highlights novel approaches to old business problems and identification of new market opportunities. The women named to the inaugural CNBC Changemakers list are creating a pattern of what it takes to defy the odds, innovate and thrive in a volatile … Read more

StanChart CEO says ESG is good for business

Bill Winters, Chief Executive Officer at the Standard Chartered Bank, attends a panel session of the World Governments Summit in Dubai on February 12, 2024. Ryan Lim | Afp | Getty Images Standard Chartered chief executive Bill Winters says environmentally conscious investing can be good for business, dismissing the impact of a U.S. crusade against … Read more