In this article AIR-FR As if the airline industry needs yet another hurdle to overcome after two of the worst years it has ever experienced, carriers are now wondering what will happen to travel in Europe given the war in Ukraine. The CEO of Airbus, which is based in Toulouse, France, believes an expected surge
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ISS Expedition 64 crew member, Russian cosmonaut Sergey Ryzhikov takes part in a training session at the Yuri Gagarin Cosmonaut Training Center in Zvyozdny Gorodok [Star City], Moscow Region. Anton Novoderezhkin | TASS | Getty Images For more than two decades, the space agencies of the United States and Russia have been partners through the
American Electric Power CEO Nick Akins told CNBC’s Jim Cramer on Thursday that the utility provider feels confident in its cybersecurity defenses. “There’s no question that we’ve been in a heightened sense of security around the resiliency, particularly cyber and physical security. This industry has been obviously working with our government partners for a long
Satellite imagery of the Chuhuiv Airbase outside of Kharkiv, Ukraine on Feb. 21, 2022. Planet Labs PBC Satellite imagery gives another perspective on the developing situation in Ukraine, as Russian troops move into the country and strikes occur in multiple Ukrainian cities. Russia launched an unprecedented invasion early on Thursday, with reports showing attacks by
An Ukraine International Airlines passenger plane is seen as Turkey’s first official spotter area has been put into service for aviation enthusiasts and photographers at Istanbul Airport in Istanbul, Turkey on June 25, 2021. Mehmet Eser | Anadolu Agency | Getty Images Civilian flights within Ukraine were restricted through the end of Thursday, according to
A Lowe’s hardware store in Philadelphia. Mark Makela | Reuters Here are the stocks making the biggest moves midday: Lowe’s – Shares of the home improvement retailer added 3.5% after the company reported quarterly results that beat top- and bottom-line estimates. Lowe’s also issued upbeat full-year guidance, citing continued demand for tools and building materials. Tupperware Brands
The videos light up social media and dominate news headlines. From verbal confrontations to all-out brawls, scenes of airplane passengers behaving badly have become increasingly familiar in Covid-era travel. While “air rage” may seem to be another inevitability of living through a pandemic, some parts of the world are seeing fewer frustrations unleashed in the
Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said Tuesday the stock market may have “another couple days of this uncertainty,” until it becomes clear whether Russia will invade Ukraine or whether Moscow will stop with recognizing the independence of Luhansk and Donetsk, two breakaway regions there. “The market needs to get a little
In this article AMZN WMT TGT Walmart is debuting the spring collection of Free Assembly, created by fashion designer Brandon Maxwell. Walmart As shoppers get ready for spring, Walmart is debuting new fashion-forward apparel to try to reel in consumers seeking style on a budget. The retailer is unveiling the spring collections for Free Assembly
Circle, the firm behind the stablecoin USDC, has doubled its valuation to $9 billion following a new deal with blank-check company Concord Acquisition Corp. The two companies first revealed their plans to merge in July, in a deal that at the time valued Circle at just $4.5 billion. They have now updated the terms of
Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Billionaire investor Carl Icahn has started a proxy fight with McDonald’s over the fast food giant’s treatment of pigs, pushing for two board seats at the global fast food giant. McDonald’s said Sunday in a release that
In this article NET EXPE COUR INTC SEDG Visitors browse at the display of Expedia during the International Tourism Trade Fair in Berlin. Fabrizio Bensch | Retuers Geopolitical tensions, the prospect of Federal Reserve rate hikes and inflation fears have roiled the stock market and left investors unsettled. The major indexes have just notched a
A woman walks by a Family Dollar store on December 11, 2018 in the Brooklyn borough of New York City. Spencer Platt | Getty Images Discount chain Family Dollar is voluntarily recalling several of its products that shipped to more than 400 stores in the South after a U.S. Food and Drug Administration investigation uncovered
A SpaceX Falcon 9 rocket and Dragon spacecraft ahead of the Inspiration4 mission in Merritt Island, Florida, U.S., on Wednesday, Sept. 15, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Elon Musk’s SpaceX is splitting the value of its common stock 10-for-1, CNBC has learned, with the company’s valuation having soared to more than
Mexican avocados are seen for sale at a market in Mexico City on February 15, 2022. Pedro Pardo | AFP | Getty Images The U.S. Department of Agriculture announced Friday that imports of Mexican avocados could resume after a brief pause. A week ago, one of the USDA’s Animal and Plant Health Inspection Service inspectors
In this article SPCE Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Virgin Galactic announced Friday that Chairman Chamath Palihapitiya is stepping down from the space tourism company’s board of directors, effective immediately. Palihapitiya’s SPAC, or special purpose
A COVID-19 testing location is shown set up on the sidewalk in downtown Los Angeles, California, November, 16, 2021. Mike Blake | Reuters California on Thursday laid out a plan that manage Covid as a permanent aspect of life, anticipating future surges and new variants that may require public health measures such as facemasks depending
In this article ABNB RBLX Many companies appear to be ill-equipped to thrive in a post-Covid world, CNBC’s Jim Cramer said Wednesday. “I have not seen a lot of companies who are prepared for post-pandemic. I’ve seen a lot of companies that were kind of banking on a little more pandemic,” Cramer said. The “Mad
Stephen Dickson, administrator of Federal Aviation Administration (FAA) nominee, speaks during a Senate Commerce, Science & Transportation confirmation hearing in Washington D.C., May 15, 2019. Stefani Reynolds | Bloomberg | Getty Images Federal Aviation Administrator Steve Dickson, who headed the agency in the wake of two fatal Boeing 737 Max crashes, resigned on Wednesday, effective
Inflation in the U.S. may not be able to go any higher in the current economic cycle, CNBC’s Jim Cramer said Tuesday on the heels of yet another hot price index report. “I think this is the highest I’ve ever seen these numbers, and they merit attention, they merit what Mr. Bullard said yesterday, and
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