Day: October 30, 2024
‘Silver economy’ boom: China transforms kindergartens into senior care homes as demographic crisis deepens
BIJIE, CHINA – MARCH 27, 2021 – Old People’s Daily life at a health care center in Bijie, southwest China’s Guizhou province, March 27, 2021. Costfoto | Future Publishing | Getty Images Plagued by shrinking birth rates and a rapidly aging population, tens of thousands of Chinese kindergartens have scaled back operations, closed down entirely […]
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S&P 500 futures slip after Microsoft reports; traders brace for key inflation data: Live updates
Traders react after the closing bell on the floor at the New York Stock Exchange on March 20, 2024. Brendan Mcdermid | Reuters Stock futures slid on Wednesday evening, as Wall Street absorbed a fresh batch of earnings reports from megacap technology names. S&P 500 futures lost 0.3%, and Nasdaq 100 futures fell 0.4%. Futures […]
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Bangkok for the super rich: How the ultra-wealthy travel in Thailand’s capital
The capital of Thailand welcomes millions of visitors each year, but only a select few get to enjoy all the luxury on offer. CNBC’s “First Class” takes you on a Bangkok tour like no other. Bangkok attracted more than 20 million visitors in 2023, making it one of the most visited cities in the world. […]
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Elon Musk ordered to attend $1 million voter lottery suit hearing in Philadelphia
Elon Musk wears a black “Make America Great Again” cap while attending a campaign rally with Republican presidential nominee and former President Donald Trump at the Butler Farm Show fairgrounds in Butler, Pennsylvania, on Oct. 5, 2024. Anna Moneymaker | Getty Images Elon Musk must attend an emergency court hearing in Philadelphia on Thursday to […]
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EBay stock sinks after lackluster Q4 guidance, election distraction
A sign is posted in front of eBay headquarters in San Jose, California. Justin Sullivan | Getty Images Shares of eBay slumped about 9% in extended trading on Wednesday after the online marketplace issued guidance for the fourth quarter that fell short of Wall Street’s expectations. Here’s how the company did in the third quarter: […]
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Stocks making the biggest moves after hours: Microsoft, Meta Platforms, Starbucks, Coinbase and more
Check out the companies making headlines in extended trading: Microsoft — The technology giant added about 1% after surpassing Wall Street estimates on the top and bottom lines in the fiscal first quarter . Microsoft reported earnings per share of $3.30 on revenue of $65.59 billion, while analysts polled by LSEG forecast $3.10 in earnings […]
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Coinbase shares tumble as muted crypto trading leads to a third-quarter miss
Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market. The stock fell more than 4% in extended trading. Here’s […]
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Starbucks will stop charging extra for dairy substitutes
Starbucks offers oat milk as a dairy-free option. Source: Starbucks Starbucks said Wednesday that it will remove the surcharge for dairy substitutes, saving some U.S. customers more than 10% on their drinks. The change goes into effect Nov. 7 and follows years of pleading from customers to eliminate the extra fee, especially as milk alternatives […]
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CDC says 90 people affected in E. coli outbreak linked to McDonald’s Quarter Pounders
A Quarter Pounder with cheese, fries and a drink arranged at a McDonald’s restaurant in El Sobrante, California, on Oct. 23, 2024. David Paul Morris | Bloomberg | Getty Images Ninety people in 13 states have been infected in a deadly E. coli outbreak linked to McDonald’s Quarter Pounders, the Centers for Disease Control and […]
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FTX’s Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud
Nishad Singh, former director of Engineering at FTX Cryptocurrency Derivatives Exchange, left, and Claire Watanabe, former senior executive at FTX Cryptocurrency Derivatives Exchange, arrive at court in New York, on Oct. 30, 2024. Mackenzie Sigalos | CNBC Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday, […]
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