Britain’s largest water utility grapples with $15 billion debt pile

Britain’s largest water utility grapples with  billion debt pile

Engineers from a Thames Water leak hunting team unloads equipment from their van during a night shift in London, UK, on Wednesday, May 2, 2023. The chief executive of Britain’s biggest water supplier stepped down with immediate effect on Tuesday. Bloomberg | Bloomberg | Getty Images LONDON — British regulators on Thursday took the unprecedented … Read more

Virginia is America’s Top State for Business in a record-setting year

Virginia is America’s Top State for Business in a record-setting year

Downtown Richmond, Virginia, skyline on the James River. Sean Pavone | Istock | Getty Images With the nation’s best education system and policies that give companies room — both literally and figuratively — to grow, Virginia is America’s Top State for Business in 2024. This is the Old Dominion’s sixth time at the top of … Read more

Delta Air Lines (DAL) earnings Q2 2024

Delta Air Lines (DAL) earnings Q2 2024

Nurphoto | Nurphoto | Getty Images Delta Air Lines on Thursday forecast record revenue for the third quarter thanks to booming summer travel demand, but its earnings forecast fell short of analysts’ estimates. Shares of Delta fell about 7% in premarket trading. Here’s how the company performed in the three months ended June 30, compared with … Read more

A true bull market — it’s not the U.S.

A true bull market — it’s not the U.S.

Traders work on the floor of the New York Stock Exchange during morning trading on October 04, 2023 in New York City.  Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more

A true bull market — it’s not Wall Street

A true bull market — it’s not Wall Street

Traders work the floor of the New York Stock Exchange on July 25, 2023, in New York City.  Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

June CPI inflation report preview

June CPI inflation report preview

An Aldi supermarket in Alhambra, California, US, on Thursday, June 27, 2024.  Eric Thayer | Bloomberg | Getty Images A widely-anticipated inflation report on Thursday may solidify expectations for the Federal Reserve to cut interest rates in coming months. The consumer price index (CPI) report for June is due out at 8:30 am ET. Recent … Read more

Powell says high rates threaten growth

Powell says high rates threaten growth

Traders work on the floor of the New York Stock Exchange (NYSE) on February 27, 2023 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Tuesday, July 9, 2024.  Tierney L. Cross | Bloomberg | Getty Images Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize … Read more

Barcelona residents squirt travelers with water to protest overtourism

Barcelona residents squirt travelers with water to protest overtourism

Mass tourism troubles hit fever pitch in Barcelona on Saturday as protesters threw items and sprayed travelers with water guns while shouting “tourists go home.” The protesters — angry about the city’s long-standing problems with overtourism — used thick police-style tape to block hotel entrances and sidewalk cafes in the small neighborhood of Barceloneta in … Read more