Business

Economists have warned that a full-blown trade war, especially if it drags on for more than a year, could slow the U.S. economy. “If we think about supply chain disruptions, think about stock market effects, about business uncertainty, reduced private sector confidence, all of these are already having an effect on the economy and are
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Four years ago, Alexandra Van Houtte was a fashion assistant in Paris. She would sit in the back offices of magazines like Grazia, Glamour or international editions of Vogue for countless hours researching and cataloging looks for fashion shoots. The monotony and inefficiency of scrolling for a particular look through sites like Style.com or Women’s
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Craig Warga | Bloomberg | Getty Images Pedestrians pass in front of a Barnes and Noble Inc. store in New York, Nov. 24, 2013. Barnes & Noble said Tuesday that it has fired CEO Demos Parneros for violating company policies. The company did not specify exactly which policies were violated. It did say, however, that
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Cros Garcia | Corbis | Getty Images A view of the HTC company logo on their stand during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. It was once a powerhouse in the cellphone marketplace, supplying a tenth of the world’s smartphones in 2011. Now, after consecutive financial losses, HTC is cutting
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Check out the companies making headlines before the bell: Dell Technologies Class V – The computer maker announced a buyout of the shares that track the performance of its cloud software unit, VMWare, which itself is a publicly traded company. The deal exchanges DVMT shares for either cash or shares of a new class of
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President Donald Trump’s threatened trade tariffs are like a “thunderstorm” facing Europe, according to the head of a German industry body. “There is a thunderstorm coming from the west of the Atlantic, and we should all prepare for this in Europe and we should work on these issues (around trade),“ Joachim Lang, director general of
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— This is the script of CNBC’s news report for China’s CCTV on June 15, 2018, Friday. Elizabeth One of the biggest ideas in the payments industry is called biometrics. All you need to make a payment? Your voice, your face, your fingerprint, maybe even your heartbeat. Hello Knomi, please verify my identity. There we
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It’s a fate that has befallen many leaders, including the CEO of Uber, one of Go-Jek’s competitors, who resigned amid a wave of leadership criticisms. Now, Makarim said he actively encourages collaborative discussions and wants those who are closest to the ground to help with decision-making. That could be in anything from Go-Jek’s motorcycle taxi
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Egypt’s experience at this year’s FIFA tournament — its first World Cup qualification in 28 years — holds important lessons that can help it and other emerging nations fulfill their economic potential, El-Erian argued in an op-ed published on Project Syndicate. One major takeaway from the team’s performance is finishing the job, the Allianz chief
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Nominated by President Ronald Reagan and sworn in in 1988, Kennedy became a swing vote on the nine-member court. He often sided with his liberal colleagues, including in the landmark ruling that recognized same-sex marriage in 2015. “No union is more profound than marriage, for it embodies the highest ideals of love, fidelity, devotion, sacrifice
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Budget airline WOW made a name for itself by offering rock-bottom fares for seats aboard its purple jets across the Atlantic. The catch: fees for seat selection, food and luggage. I was curious about the airline because I had heard some negative feedback from other travelers about rigid fees and a lack of information from
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The iconic motorcycle company Harley-Davidson is running out of options on how to respond to a mix of declining sales and potentially devastating tariffs, Jaime Katz, senior equity analyst at Morningstar, told CNBC. She said moving some of its operations overseas may be the logical solution. “In order to fail to alienate their consumers overseas,
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