A United Airlines Holdings Inc. employee waits for a traveler at San Francisco International Airport in San Francisco, California, U.S., on Thursday, April 2, 2020. David Paul Morris | Bloomberg | Getty Images United Airlines on Monday reported a $2.1 billion loss for first quarter as the coronavirus pandemic drove travel demand down to the lowest
With a busy schedule, Jocko Willink finds time to get everything done by waking up before everyone else does. Willink, former Navy SEAL and author of “Way of the Warrior Kid” explains the one habit from service that he can’t shake. For the full interview, search for “Success! How I Did It” on Apple Podcasts
►Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Hedge funds make use of short-selling, leverage and discretion to magnify their gains, but as the FT’s senior investment columnist John Authers points out, their techniques involve huge risks and they reward themselves too handsomely. ► FT Wealth: http://bit.ly/1e3996C ► FT Global Economy: http://bit.ly/1J5mmqH ► Chinese Governments
In this clip from 1999, Jack Ma delivers a speech to 17 friends in his apartment to introduce Alibaba and lay out his plan to compete with U.S. internet titans. For more, check out “Crocodile in the Yangtze: The Alibaba Story,” premiering on Bloomberg Television Monday Sept. 8 at 9pm EDT. — Subscribe to Bloomberg
This former local bank branch in Spring City, Penn. was converted into a private home, replete with the two vaults now used as a full bar and a sauna.
One conundrum that some investors face is how to capture the safety of bonds while trying to get in on riskier stock-like returns. Enter convertible bonds. These hybrid investments are corporate-issued bonds that pay interest — generally higher than U.S. Treasury rates but lower than those on regular corporate bonds. After a predetermined length of
The coronavirus pandemic has forced millions of Americans to work from home over the past month, and likely into the foreseeable future. Understandably, working remotely is easier for some employees than others, as coordinating with colleagues sprawled across the map can prove to be a difficult test of patience and technology. But what do you
A man wears a protective mask as he walks on Wall Street during the coronavirus outbreak in New York City, New York, U.S., March 13, 2020. Lucas Jackson | Reuters U.S. stock futures opened lower on Sunday night as investors weigh the latest news on the coronavirus front along with another decline in crude prices.
A FedEx worker unloads packages from his delivery truck on March 31, 2020 in Washington, DC. Drew Angerer | Getty Images Following a rush for groceries and cleaning supplies, more Americans are looking to crack open a book. As people remain sheltered in their homes due to the coronavirus outbreak, online shopping has surged as
miodrag ignjatovic Younger Americans are eager to eat and drink out in public again. They will, however, likely shy away in large numbers from festivals, sports venues and international trips for a while once conoravirus lockdowns are lifted across the U.S., perhaps preferring to shop online from home while waiting to see how vaccine trials
CNBC Make It is posting a new financial task to tackle each day for a month. These are all meant to be simple, time-sensitive activities to take your mind off of the news for a moment and, hopefully, put you on sturdier financial footing. This is day 12 of 30. If you’ve used the same password
Charlie Munger Lacy O’Toole | CNBC Speculation about what Berkshire Hathaway‘s Warren Buffett is doing during this crisis is a common topic among investors these days, with most expecting the “Oracle of Omaha” to make a classic value purchase during this tumultuous time or a rescue cash infusion to a struggling company he likes over the
Pedestrians pass by a J.C. Penney sign in New York. Scott Mlyn | CNBC America’s department stores are on a sinking ship, racing for a lifeboat that might not be big enough for all of them. For J.C. Penney, the bankruptcy clock is ticking after it skipped a mid-April interest payment. Its turnaround plans have been sidelined
Emirates Flight Catering in Dubai makes all the snacks, main dishes and desserts served aboard the airline’s 200,000 flights each year. The facility runs 24-7, dishing out 110 million meals a year. Emirates’ 1,800 chefs from around the world create region-specific menus for each flight. A previous version of this video inaccurately identified lamb chops
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Aug 18, 2011: While not exactly pretty to look at, the spacious and functional Pilatus Porter airplane takes practicality and utility to a new level, says Rohit Jaggi. ► The World Of Transport: http://bit.ly/1JD6JHj ► FT Technology News: http://bit.ly/1LNlR4g ► Take a Test Flight in a
What would happen if the president of the United States wanted to launch a nuclear weapon? Here are the steps the commander-in-chief would need to take. ———- Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and
Elon Musk is worried about AI, but not in the ‘evil robots take over the world’ kind of way. What happens when artificial intelligence becomes superintelligence?
NoDerog | iStock | Getty Images Millions of Americans received stimulus checks from the U.S. government this week to help stave off the negative economic effects of the coronavirus. But many people are still asking: Where is my money? If you haven’t received your payment yet, take heart: Millions more Americans are slated to receive
The SpaceX Falcon 9 rocket emblazoned with the famous NASA “worm” logo for the Demo-2 mission/ NASA NASA and SpaceX are targeting May 27 for the launch of Demo-2, the first launch of NASA astronauts from the U.S. since 2011 and the first crewed launch for Elon Musk’s space company. As its name implies, Demo-2
CNBC Make It is posting a new financial task to tackle each day for a month. These are all meant to be simple, time-sensitive activities to take your mind off of the news for a moment and, hopefully, put you on sturdier financial footing. This is day 11 of 30. Balance sheets, which list out all
A person walks down Wall Street on April 02, 2020 in New York City. Spencer Platt | Getty Images Dow Jones Industrial Average rises 704 points The Dow climbed 704.81 points, or 2.99%, to close at 24,242.49. The S&P 500 advanced 2.68% to 2,874.56. The Nasdaq Composite advanced 1.38% to 8,650.14. Stocks jumped after a
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 2,259,317 Global deaths: At least 154,694 US cases: More than 706,779 US deaths: At least 37,079 The data above was compiled by
Empty desks and chairs in a high key cafeteria room with no people during corona virus pandemic. Giulio Fornasar Samantha Costanza was furloughed in March by her company, which designs merchandise for Broadway shows, all of which are now closed due to the coronavirus pandemic. “I had not heard of the term ‘furlough’ before, and assumed
filadendron As small businesses sought emergency federal loans, financial advisors not only assisted clients, but also applied for aid to bolster their practices. The Paycheck Protection Program, the $349 billion small-business loan offering, ran out of money on April 16 after being open for close to two weeks. More than 1.6 million businesses were approved
From 2007 through 2019, I wrote the weekly Activist Spotlight column at Barron’s. I have now joined the CNBC team and will be writing the weekly update exclusively for CNBC readers. Due to the coronavirus crisis we have delayed the launch of this column, but we believe now is the right time to start focusing
Experiencing intense flashbacks, nightmares, irritability, anger, and fear? In the face of a traumatic event like the Covid-19 pandemic, it’s common to feel this way. While many people associate post-traumatic stress disorder with something like war, it’s a chronic psychiatric disorder that can occur in people who have experienced or witnessed a traumatic event, such as
Pedestrians pass a JPMorgan Chase & Co. bank branch near the New York Stock Exchange in 2018. Bloomberg | Bloomberg | Getty Images JPMorgan Chase says it has closed more small business relief loans than any other bank, but it still has a huge mountain of applications from business owners who are now in limbo.
UnitedHealthcare office Michael Nagle | Bloomberg | Getty Images UnitedHealth, the largest U.S. health insurer, on Wednesday beat quarterly profit expectations, boosted by strength across its businesses, and maintained its 2020 outlook while it continues to assess the impact of COVID-19. Shares of the company were up 2.6% at $277.50 before the opening bell. The
A do not walk sign stands in front of a closed Macy’s Inc. store in Arlington, Virginia, U.S., on Tuesday, March 31, 2020. Andrew Harrer | Bloomberg | Getty Images Macy’s is looking for ways to use its real estate during the coronavirus pandemic to come up with cash, according to a Bloomberg report. The department
Downtown Detroit is seeing a revitalization of sorts sparked by Dan Gilbert’s $1 billion investment in the area. Since 2010, Gilbert’s investment has created an estimated 6,500 jobs in downtown, and, as a result, it’s nearly impossible to find a vacant apartment as residential occupancy rates reached as high as 99.4% for the downtown area.