Category: World News

  • What are the perfect enterprise resorts in Europe: London, Paris, Frankfurt

    What are the perfect enterprise resorts in Europe: London, Paris, Frankfurt

    International travel can still have its challenges. But finding a solid hotel for a business trip is not one of them. CNBC Travel and market data company Statista today release a Ranking of the “Best Hotels for Business Travelers” in Europe. This is the first ranking of its kind between CNBC and Statista, who also…

  • South Korea’s Naver buys US e-retailer Poshmark for $1.2 billion

    South Korea’s Naver buys US e-retailer Poshmark for $1.2 billion

    Rafael Henrique | flare | Getty Images South Korean internet giant Naver is acquiring US e-retailer Poshmark for around $1.2 billion, the companies announced on Monday. Poshmark shares plummeted as much as 14% in extended trading. Naver is paying $17.90 per share in the all-cash deal. Shares of the South Korean internet giant fell more…

  • Ukraine ambassador tells Elon Musk to again off after billionaire’s Twitter ballot

    Ukraine ambassador tells Elon Musk to again off after billionaire’s Twitter ballot

    In this photo illustration Elon Musk’s Twitter account is shown on a smartphone screen with the Twitter logo in the background. Pavlo Gonchar | Light Rocket | Getty Images WASHINGTON — American tech billionaire Elon Musk drew the public ire of Ukraine’s top officials on Monday after the Tesla CEO tweeted what he said was…

  • Search and rescue efforts underway in Florida after ‘catastrophic’ hurricane

    Search and rescue efforts underway in Florida after ‘catastrophic’ hurricane

    An aerial photo taken on Sept. 30, 2022 shows the only access to the Matlacha neighborhood destroyed after Hurricane Ian in Fort Myers, Florida. Ricardo Arduengo | AFP | Getty Images Search and rescue efforts are underway in Florida after a devastating Category 4 hurricane made landfall on Wednesday. At least 77 people have been…

  • Tesla (TSLA) Q3 2022 Automobile Supply and Manufacturing Numbers

    Tesla (TSLA) Q3 2022 Automobile Supply and Manufacturing Numbers

    A Tesla Model Y on display at a Tesla store at Westfield Culver City Shopping Center in Culver City, California, United States on Thursday, April 14, 2022 Bing Guan | Bloomberg | Getty Images The electric vehicle manufacturer Tesla has just published the vehicle production and delivery figures for the third quarter of 2022. Here…

  • People undergo from monetary burnout

    People undergo from monetary burnout

    A recession is a very real possibility. With the Federal Reserve aggressively raising interest rates to combat persistent inflation, the tough stance may come at a price. Already, falling stock markets have wiped out more than $9 trillion in US household wealth. Fed Chair Jerome Powell also warned that the central bank’s upcoming moves to…

  • The recession could possibly be a serious handicap for Starbucks and Amazon unions

    The recession could possibly be a serious handicap for Starbucks and Amazon unions

    The union movement, launched across the country more than a year ago, has continued its momentum in 2022, with workers in warehouses, cafes, grocery stores and airlines pushing for representation. Working conditions during the pandemic prompted many of these frontline workers to organize, but fears about the economy and a possible recession could slow the…

  • Elon Musk exhibits the prototype of a humanoid robotic on the Tesla AI Day

    Elon Musk exhibits the prototype of a humanoid robotic on the Tesla AI Day

    Tesla is demonstrating an early prototype of the Optimus humanoid robot at its AI Day 2022 on September 30 screenshot Tesla CEO Elon Musk and other leaders of the automaker’s AI and hardware teams spoke Friday night at the company’s 2022 AI Day, an engineer recruitment event in Palo Alto, California. During the final AI…

  • Putin declares “4 new areas of Russia” whereas Moscow annexes components of Ukraine

    Putin declares “4 new areas of Russia” whereas Moscow annexes components of Ukraine

    Russian President Vladimir Putin meets with Moscow-appointed heads of four Ukrainian regions partially occupied by Russia September 30, 2022 at the Grand Kremlin Palace in Moscow, Russia. Contributor | News from Getty Images | Getty Images Russian President Vladimir Putin on Friday declared four new regions in the country, shortly after holding mock referendums in…

  • Nike (NKE) earnings Q1 2023

    Nike (NKE) earnings Q1 2023

    A woman shops for shoes at the Nike Factory Store at the Outlet Shoppes in El Paso on November 26, 2021 in El Paso, Texas. Paul Ratje | AFP | Getty Images Nike said Thursday it had a strong first fiscal quarter despite supply chain issues, as well as declining sales in Greater China, its…