Major airlines are cutting services to China or quitting entirely amid low travel demand, high costs
A new report from travel news site Skift shows that seven major airlines have retreated from the country in the past four months.
CNBC Daily Open: In this time of uncertainty, logic is driving market moves
The fact that we can draw a line, however fuzzy, connecting cause to effect suggests investors are scrutinizing earnings and news in a period of uncertainty.
Asia-Pacific markets mixed ahead of Japan elections; Tokyo inflation slows
The city’s headline inflation rate fell to 1.8% in October from 2.2% the month before, with core inflation also coming in at 1.8%.
Short Amazon and Apple as they head into earnings season, say Itau BBA analysts
The investment bank believes while the companies are financially sound, their stocks have priced in very optimistic scenarios that are unlikely to bear fruit.
The power sector is ‘transforming,’ Morgan Stanley says, naming global stocks set to rise 40%
“Global power markets have surprised on multiple fronts, and investors are navigating a new normal in the power value chain,” Morgan Stanley’s analysts said.
Nasdaq rises to hit new all-time high Friday as rest of market languishes: Live updates
The Nasdaq Composite rose on Friday, hitting a fresh all-time high during the session.
Microsoft CEO Nadella asked for pay reduction after security slip, but total comp still rose 63%
Following cyberattacks from China and Russia, Microsoft CEO Satya Nadella asked for his pay to be reduced.
Judge blocks Coach owner Tapestry’s proposed acquisition of Michael Kors parent Capri
The FTC sued to block the merger between Tapestry and Capri, arguing it would harm consumers and employees.
This luxury train ride around the world lasts 59 days, visits 12 countries and costs over $125,000
2025 will be the second time high-end travel agent Railbookers will be hosting its “around the world by luxury train” trip.
Bitcoin eyes $68,000 as it reclaims some weekly losses: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
