In this article QSR-CA QSR Follow your favorite stocksCREATE FREE ACCOUNT Unlike McDonalds — which owns some 84% of its outlets in Russia — companies such as Burger King, Subway and Papa John’s often operate via franchise agreements there. Burger King said it demanded the main operator of its franchises suspend restaurant operations in Russia,
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The container ship Maersk Murcia sits moored in the port of Gothenburg, Sweden, on August 24, 2020. JONATHAN NACKSTRAND | AFP | Getty Images Shipping giant Maersk, a bellwether for global trade, on Friday announced plans to reduce its workforce by more than 10,000 people and said it expected profit to be at the low
In this article HPE NVDA Follow your favorite stocksCREATE FREE ACCOUNT Bletchley Park was a codebreaking facility during World War II. Getty The U.K. government said Wednesday that it will invest £225 million ($273 million) into an artificial intelligence supercomputer, highlighting the country’s ambition to lead in the technology as it races to catch up
Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images European fintech firm Revolut on Thursday said it appointed former Barclays executive Francesca Carlesi as its new U.K. CEO. Carlesi, who also worked at Deutsche Bank and has 15 years of experience in financial services, was most recently
Bank of England Governor Andrew Bailey said Thursday that the ongoing Israel-Hamas war poses a potential risk to the bank’s efforts to bring down inflation. Andrew Bailey told CNBC that aside from the immense human tragedy brought about by the now almost four-week conflict, the possible knock-on effects for energy markets were significant, risking a resurgence in
In this article SQ Follow your favorite stocksCREATE FREE ACCOUNT Jack Dorsey creator, co-founder, and Chairman of Twitter and co-founder & CEO of Square arrives on stage at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images
The need for second — and often third — incomes is mounting, according to a top digital bank executive. Current CEO Stuart Sopp finds almost half of the firm’s payment customers have more than one job. “If you’re having a paycheck over the past year, 20, 25% of paycheck depositors have at least one extra
Wefox CEO Julian Teicke. Wefox Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit, two anonymous sources familiar with the deal told CNBC. The company, which sells insurance plans via an online platform, raised the fresh cash in a debt financing deal from the
Armoured vehicles of the Israel Defense Forces (IDF) are seen during their ground operations at a location given as Gaza, as the conflict between Israel and the Palestinian Islamist group Hamas continues, in this handout image released on November 1, 2023. Israel Defense Forces | Reuters The Israel-Hamas war could have a significant impact on
NEW YORK, NEW YORK – DECEMBER 02: People walk through downtown Manhattan on December 02, 2022 in New York City. Spencer Platt | Getty Images News | Getty Images The labor market showed greater deterioration for Hispanic workers, whose unemployment rate rose more than that of the U.S.’, according to data released Friday by the Department
An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S. April 30, 2022. Scott Morgan | Reuters Berkshire Hathaway on Saturday reported a big jump in third-quarter operating earnings, while sitting on a record
Eric Audras | PhotoAlto Agency RF Collections | Getty Images Series I bonds are now paying 5.27% annual interest through April 2024, up from the 4.3% yearly rate offered since May — and experts have tips for short- and long-term investors. While the new rate is down significantly from the record 9.62% offered in May 2022, investors can
Airlines from Asia dominated a new family-friendly airlines list compiled by travel website The Family Vacation Guide. Eight of the top 11 airlines are based in Asia. Thirty-four airlines were reviewed. The ranking was based on eight factors — including seat comfort, free seat selection and pre-boarding for families — for a total of 18
Revenge travel after the pandemic may be over for many countries, but the urge to hop on a plane has not dwindled for travelers from India. Indians could be the fourth-largest global travel spenders by 2030, according to a recent report by Booking.com and McKinsey. However, they pointed out that outbound travel only accounted for
Elon Musk, chief executive officer of Tesla Inc., at the AI Safety Summit 2023 at Bletchley Park in Bletchley, UK, on Wednesday, Nov. 1, 2023. Chris J. Ratcliffe | Bloomberg | Getty Images LONDON — Elon Musk thinks that artificial intelligence could eventually put everyone out of a job. The billionaire technology leader, who owns
If Mark Cuban needed to rebuild his fortune from scratch in six months, starting with just a phone and $500 in cash, he knows exactly what he’d do. “That is the best question I have ever been asked in my entire adult life,” the billionaire entrepreneur and investor told Wired in a recent video Q&A.
A shopper passes in front of a North Face store at the Easton Town Center mall in Columbus, Ohio, on Jan. 7, 2021. Luke Sharrett | Bloomberg | Getty Images Company: VF Corporation (VFC) Business: VF Corp. is a consolidator of consumer footwear and apparel brands. It engages in the design, procurement, marketing and distribution
Andresr | E+ | Getty Images The IRS has announced new 2024 investor contribution limits for 401(k) plans, individual retirement accounts and other retirement accounts. The employee contribution limit for 401(k) plans is increasing to $23,000 in 2024, up from $22,500 in 2023, and catch-up contributions for savers age 50 and older will remain unchanged
Getty Images For millions of people, it’s time to compare benefits and prices and pick health coverage on the Affordable Care Act health insurance marketplaces. Open enrollment on those plans started on Nov. 1 and typically lasts through Jan. 15, though that will be extended to Jan. 16 in 2024 due to a federal holiday.
Secretary of Education Dr. Miguel Cardona answers questions during the daily briefing at the White House Aug. 5, 2021. Win McNamee | Getty Images As student loan bills restarted in October for tens of millions of Americans, the companies that service those loans made errors that potentially violate federal and state consumer protection laws. In