Boeing Co. workers and supporters hold signs outside the Aerospace Machinists Union District 751 Hall ahead of a vote on the union contract in Renton, Washington, US, on Thursday, Sept. 12, 2024. M. Scott Brauer | Bloomberg | Getty Images More than 30,000 Boeing workers were set to strike Friday, halting production of most of … Read more
A banner plays up China’s trade-in policy at a home goods expo in Qingdao, Shandong province, China, on June 1, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — China’s plan to boost consumption by encouraging trade-ins has yet to show significant results, several businesses told CNBC. China in July announced allocation of 300 billion … Read more
The sails of the Opera House are illuminated with projections on the opening night of Vivid Sydney 2023 in Sydney, Australia, on Friday, May 26, 2023. Anadolu Agency | Anadolu Agency | Getty Images Asia-Pacific markets are set to open higher on Friday, extending gains from Thursday as Wall Street’s tech rally continued. In Asia, … Read more
CNBC’s Jim Cramer on Thursday listed the CEOs he trusts even when the market doesn’t, primarily naming executives from top tech companies. “Look, it’s right to be skeptical when you’re investing. It’s right to be jaundiced,” he said. “But the bottom line? Not every executive deserves the same level of skepticism if not scorn. Some … Read more
Julie Hedrick, president of the Association of Professional Flight Attendants (APFA), right, announces a strike authorization outside Dallas-Fort Worth International Airport (DFW) near Dallas, Texas, on Wednesday, Aug. 30, 2023. Shelby Tauber | Bloomberg | Getty Images American Airlines flight attendants approved a five-year labor deal, ending one of the industry’s most contentious contract negotiations … Read more
In this photo illustration of the ripple cryptocurrency ‘altcoin’ sits arranged for a photograph on April 25, 2018 in London, England. Jack Taylor | Getty Images News | Getty Images The price of Ripple’s XRP token jumped Thursday after Grayscale announced the launch of a new trust that gives accredited investors direct exposure to the … Read more
UniCredit CEO Andrea Orcel during an interview at the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 18, 2024. Bloomberg | Bloomberg | Getty Images UniCredit‘s CEO Andrea Orcel revealed his hand this week as the Italian lender built a 9% stake in Commerzbank — and a takeover bid for the German rival could … Read more
Ajit Jain at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Ajit Jain, Warren’s Buffett’s insurance chief and top executive, sold more than half of his stake in Berkshire Hathaway, a new regulatory filing showed. The 73-year-old vice chairman of insurance operations dumped 200 shares of Berkshire Class … Read more
Delta Airlines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington. Kent Nishimura | Getty Images Airlines are reporting better unit revenues for the tail end of summer, a sign customers will continue to have to shell out more to fly in the coming months. Alaska Airlines on Thursday … Read more
Satellite image of Hurricane Francine on Sept. 11th, 2024. NOAA GOES EAST U.S. crude oil jumped more than 1% to trade above $68 per barrel on Thursday, after Hurricane Francine churned through the Gulf of Mexico, disrupting oil production before making landfall in Louisiana. Oil futures rose more than 2% in the previous session as … Read more
