John Murphy, a senior auto analyst at Lender of The united states Securities, joins ‘The Exchange’ to discuss provide shortages in new autos owning a ripple impact in the utilized vehicle sector, velocity drivers for used vehicle industry participants, and how current market dynamics are stunting growth for car shops.
National Geographic released its annual “Pictures of the Year” issue this week, showcasing 20 photographs — out of some 2.3 million in contention — that depict striking scenes of nature, wildlife and human connection to the world. Here are CNBC’s picks of the best of the best. A leap of faith A young emperor penguin […]
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Marriott International’s business operations and growth are solid, CEO Anthony Capuano told CNBC Monday, amid layoffs of more than 800 corporate employees and continued sluggishness in China’s tourism market. “We are firing on all cylinders in every geography,” he said. The company’s third-quarter earnings showed a 3% increase in worldwide RevPar — or revenue per […]
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Haiyun Jiang | Bloomberg | Getty Images Watch out, line cutters. American Airlines is rolling out new technology across the country to crack down on travelers trying to get on the airplane before their boarding group is called. Customers who try to scan a boarding pass before their group is called will hear a two-note […]
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