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Why oil companies may not love Pres. Trump’s ‘drill, baby, drill’ agenda
President Donald Trump is urging oil producers to “drill, baby, drill.” U.S. oil and gas investors may not be on board with the plan. “Right now, with low oil prices, I think we’re going to start to see a lot of companies starting to pare back on their capital spending,” said Clark Williams-Derry, an energy finance […]
Read MoreHow Japan’s largest AI unicorn is shaping the future of deep learning
Widely considered Japan’s leading artificial intelligence startup, Preferred Networks is on a mission to tackle “real-world” challenges through deep learning. CNBC’s Christine Tan sat down with the company’s founders in this episode of “Managing Asia.” Widely considered Japan’s leading artificial intelligence startup, Preferred Networks is on a mission to tackle “real-world” challenges through deep learning. […]
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Acting FAA Administrator on hiring air traffic controllers, airspace congestion and Boeing progress
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau and Acting FAA Administrator Chris Rocheleau join ‘Squawk Box’ to discuss hiring more air traffic controllers, lessons learned from the DCA crash, congestion in the airspace, Boeing’s safety standards, and more. Source
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Carnival CEO: Expecting over 30% earnings growth in 2025
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Josh Weinstein, Carnival Corp. CEO, joins ‘Money Movers’ to discuss the company’s quarterly earnings results, if the demand can remain strong, and much more. Source
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Fire at power substation near Heathrow Airport causes shutdown impacting 1,334 flights
CNBC’s Phil LeBeau reports on news regarding London’s Heathrow Airport. Source
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London’s Heathrow Airport closes after ‘catastrophic’ fire nearby, prompting travel chaos
CNBC’s Karen Gilchrist joins ‘Squawk Box’ to report on the latest news. Source
Read MoreBitcoin and ether slide as the Fed’s rate decision looms: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s show, major cryptocurrencies fall ahead of the Federal Reserve’s decision on rates. Plus, President Trump’s World Liberty Financial crypto project said it sold $550 million in tokens, while the SEC’s acting chief said the agency’s considering dropping a crypto asset […]
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AerCap CEO on tariff impact: A Boeing 787 will go up by $40 million ‘in worst case scenario’
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau and AerCap CEO Aengus Kelly join ‘Squawk Box’ to discuss the state of global airline travel demand, impact of tariffs, Boeing’s production and delivery timeline, and more. Source
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MTR CEO talks about adapting to Hong Kong’s ‘new normal’
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email MTR CEO Jacob Kam talks about the challenges that Hong Kong’s rail network and properties are facing, as both travel and retail slowly recover and cope with expanding competition. Source
Read More134 million tons of textiles will be wasted annually by the end of the decade. What if we could recycle it instead?
When polyester was invented, the goal was to create a durable and resistant fabric that could retain its colour and shape — without wrinkles. Almost 85 years later, polyester is everywhere. According to standards body Textile Exchange, polyester is the clothing industry’s most popular fabric. About 49% of clothing contains the synthetic fabric. Unfortunately, polyester […]
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