Flight disruptions linger amid winter storms, Max 9 grounding

Flight disruptions linger amid winter storms, Max 9 grounding

More than 320 flights have been canceled because of a winter storm that brought snow and freezing temperatures to Denver International Airport in Denver, Colorado, on Jan. 15, 2024. RJ Sangosti | Denver Post | Getty Images Airlines canceled more than 1,800 U.S. flights Tuesday as winter weather continued to disrupt travel for millions of … Read more

Burger King owner Restaurant Brands buys Carrols, largest U.S. franchisee

Burger King owner Restaurant Brands buys Carrols, largest U.S. franchisee

Burger King fast food restaurant with menu and customers. Jeff Greenberg | Universal Images Group | Getty Images Restaurant Brands International is buying Carrols Restaurant Group, the largest Burger King franchisee in the U.S., for about $1 billion in cash. Restaurant Brands will pay $9.55 per share to acquire Carrols, which operates more than 1,000 … Read more

Trump is ‘transactional’ but may not rock the boat on China

Trump is ‘transactional’ but may not rock the boat on China

Bill Winters, chief executive officer of Standard Chartered, said the U.S. Federal Reserve looks set to pause its interest rate cycle in June get a better read on the latest inflation data. Bloomberg | Getty Images Former U.S. President Donald Trump would be a “transactional president” if he returns to power, but is unlikely to … Read more

How much money you need to retire in every U.S. state

How much money you need to retire in every U.S. state

The cost of retirement can vary by as much as $1.36 million depending on where you live in the U.S., according to an analysis by personal finance website GOBankingRates.com. To determine the amount of money needed to retire, GOBankingRates calculated the annual expenses for housing, food, utilities, transportation and health care in each state for … Read more

Stock Markets: Down to Davos

Stock Markets: Down to Davos

Signage ahead of the World Economic Forum Annual Meeting in Davos, Switzerland on Jan. 15th, 2024. Adam Galici | CNBC 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 are. Like what you see? … Read more

Is a war with Hezbollah next? Growing fears over Israel-Hamas war

Is a war with Hezbollah next? Growing fears over Israel-Hamas war

Pro-Iranian Hezbollah militants chant slogans as they walk in the beginning of the funeral procession of the party top commander Wissam tawil in the southern Lebanese village of Khirbit Selem. Picture Alliance | Picture Alliance | Getty Images Is a wider Middle East war — expanding beyond the borders of Gaza and Israel — inevitable? … Read more

Red Sea troubles could end shipping recession as freight rates spike

Red Sea troubles could end shipping recession as freight rates spike

The Maersk Sentosa container ship sails southbound to exit the Suez Canal in Suez, Egypt, on Thursday, Dec. 21, 2023. Stringer | Bloomberg | Getty Images Vessels transiting the Red Sea have faced attacks over the past several weeks from Yemen-based Houthis, prompting shipping companies to change routes, leading to a spike in freight rates. … Read more

A look across the Atlantic

A look across the Atlantic

Flags displayed ahead of the World Economic Forum Annual Meeting in Davos, Switzerland. Adam Galici | CNBC 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 are. Like what you see? You can subscribe here. … Read more

Flush with funds, US factories stare at China challenge

Flush with funds, US factories stare at China challenge

Washington: The Biden administration has begun pumping more than $2 trillion into US factories and infrastructure, investing huge sums to try to strengthen American industry and fight climate change. But the effort is facing a familiar threat: a surge of low-priced products from China. That is drawing the attention of President Joe Biden and his … Read more

Vessel off the coast of Yemen struck by missile, UK says

Vessel off the coast of Yemen struck by missile, UK says

Men stand near a billboard bearing the image of a commercial ship with the flag of Israel as it is burning after Yemen’s Houthi-affiliated naval forces struck it, at a street on January 10, 2024 in Sana’a, Yemen. Mohammed Hamoud | Getty Images A vessel off the coast of Yemen on Monday reported it had … Read more