Month: August 2025
Leisure travel to the U.S. is down, but business bookings are up
Leisure travel to the United States is down this year, but business travel to the country remains stable, according to a report from SAP Concur. The United States was the top destination for global business travelers in the first half of 2025, according to the report. Some 15% of all business air travel bookings were […]
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CNBC’s The China Connection newsletter: From gamblers to investors?
Hello, this is Evelyn, writing to you from Hengdian, Zhejiang province. Locals are getting more excited about the stock market again. There’s much debate about what’s driving the gains, but there are signs of a deeper change afoot in what’s long been considered a more speculative market. Enjoy! This report is from this week’s CNBC’s The China Connection newsletter, which brings you […]
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Australia’s consumer prices spike in July as electricity costs surge
On a rainy winter night at George Street, two trams stopped and a person was walking across. The retail street was brightly illuminated. Wenyi Liu | Moment | Getty Images Australian consumer prices jumped by far more than forecast in July as electricity prices spiked due to the timing of government rebates, which has injected more volatility into this year’s series. The Australian […]
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Thai monetary policy should remain accommodative, central bank minutes show
Thailand’s monetary policy should remain accommodative to support the economy and an easing would not significantly increase financial stability risks. Bloomberg Creative | Bloomberg Creative Photos | Getty Images Thailand’s monetary policy should remain accommodative to support the economy and an easing would not significantly increase financial stability risks, the minutes of the Bank of Thailand’s August 13 policy meeting showed on Wednesday. At the meeting, the monetary policy committee voted […]
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Canada Goose draws take-private bids valuing it at $1.35 billion as Bain Capital weighs exit
SHANGHAI, CHINA – DECEMBER 02: A citizen walks by a Canada Goose store on December 2, 2021 in Shanghai, China. Visual China Group | Getty Images Canada Goose’s controlling shareholder, Bain Capital, has received bids aimed at taking the luxury parka-maker private at a valuation of about $1.4 billion, according to people familiar with the […]
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Microsoft had police remove protesters who stormed office over work with Israeli military
Brad Smith, president of Microsoft Corp., at the Web Summit conference in Vancouver, British Columbia, Canada, on Wednesday, May 28, 2025. The annual conference gathers key industry figures in technology. James MacDonald | Bloomberg | Getty Images Microsoft asked police to remove people who improperly entered a building at its headquarters in protest of the […]
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In 1991, he moved to the U.S. and delivered pizza for $4.25 an hour. Now, he owns over 270 pizza restaurants
Nadeem Bajwa, 58, is the co-founder and CEO of Bajco Group. Courtesy of Nadeem Bajwa In 1991, Nadeem Bajwa immigrated to the United States from Pakistan. While attending college in Indiana, he worked a few jobs, including delivering pizza for restaurant chain Papa John’s, where he made $4.25 an hour. Today, the 58-year-old has a […]
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Asia-Pacific markets mostly fall after Wall Street gains overnight
Bombay Gate Gateway of India, Mumbai Arutthaphon Poolsawasd | Moment | Getty Images Asia-Pacific markets mostly fell on Wednesday after Wall Street gained overnight. India’s markets will also be in focus as the U.S. tariffs take effect. The country currently faces additional tariffs of up to 50% on exports to the U.S., after the Trump […]
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OpenAI says it plans ChatGPT changes after lawsuit blamed chatbot for teen’s suicide
OpenAI CEO Sam Altman speaks during the Federal Reserve’s Integrated Review of the Capital Framework for Large Banks Conference in Washington, D.C., U.S., July 22, 2025. Ken Cedeno | Reuters OpenAI is detailing its plans to address ChatGPT’s shortcomings when handling “sensitive situations”following a lawsuit from a family who blamed the chatbot for their teenage […]
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Stocks making the biggest moves after hours: MongoDB, Okta, PVH and more
Check out the companies making headlines in after-hours trading. MongoDB — Shares of the developer data platform company popped more than 21% after MongoDB topped Wall Street’s expectations. The company reported adjusted earnings of $1 per share on revenue of $591 million, beating earnings estimates of 66 cents per share on revenue of $556 million, […]
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