Business

In an aerial view, the Royal Caribbean Freedom of the Seas (L) prepares to set sail from Port Miami during the first U.S. trial cruise testing COVID-19 protocols on June 20, 2021 in Miami, Florida. Joe Raedle | Getty Images Royal Caribbean Cruises shares fell more than 4% Friday after six passengers on board its

In this article DIS A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021. Bloomberg | Bloomberg | Getty Images The Walt Disney Company said Friday it is requiring all salaried and non-union hourly employees in the U.S. to be

In this article MA Mastercard Inc. credit cards. Benoit Tessier | Reuters Mastercard CFO Sachin Mehra told CNBC that consumer spending in America is on pace to exceed pre-pandemic levels, based on data from the company’s second-quarter earnings report. The payments giant reported Thursday that gross dollar volume, a metric that reflects purchase activity, increased

In this article CMCSA US journalist Amanda Knox addresses a panel discussion titled “Trial by Media” during the Criminal Justice Festival at the Law University of Modena, northern Italy on June 15, 2019. VINCENZO PINTO | AFP | Getty Images Amanda Knox is speaking out against the new Matt Damon film “Stillwater.” The journalist, who

In this article HOOD Robinhood CEO Vlad Tenev on Thursday brushed off the first-day performance of the trading app’s stock, which ended the day lower despite making its public debut with much fanfare. Shares of Robinhood, a company that was the subject of both public and congressional scrutiny amid the meme stock frenzy earlier this

In this article AAL LUV Flight attendants hand out refreshments to a packed Delta Airlines flight traveling from Ronald Regan National Airport to MinneapolisSaint Paul International Airport on Friday, May 21, 2021. Kent Nishimura | Los Angeles Times | Getty Images Verbal attacks. Seat kicking. Throwing trash at crew. Those are some of the incidents

Technicians work in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021. Matthias Rietschel | Reuters Volkswagen posted record first-half earnings on Thursday while also raising its target for profit margin. The results are a marked improvement from the same period last year when demand was ravaged

In this article WING Wingstop has laid out plans to expand its presence in Manhattan with dozens of new locations set to open in the market, CEO Charlie Morrison told CNBC on Wednesday. Many of those locations will come in the form of ghost kitchens where the company will lean on digital orders and delivery

Ken Langone Adam Jeffery | CNBC Billionaire Ken Langone told CNBC on Wednesday that all of his businesses will mandate employees be vaccinated against Covid once the shots receive full approval from the Food and Drug Administration. “You get the FDA to say it’s final, it’s approved, and I can guarantee you all the places I’m

In this article ADBE WMT Shoppers walk in front of a Walmart store in San Leandro, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Just as Amazon Web Services is the profit center that powers much of Amazon’s other businesses, Walmart CEO Doug McMillon has been increasingly interested

CNBC’s Jim Cramer on Tuesday advised investors to stick to their trading strategies and ignore the often-changing prism of the market after stocks snapped a five-day winning streak. “Please, don’t take your cue from the day-to-day action because that just tells you you’re using the filter that we’re all using, instead of doing your own

Simone Biles performs her floor routine during the 2019 U.S. Gymnastics Championships. Denny Medley | Reuters Russian gymnasts upset the U.S. Olympic team in Tokyo on Tuesday night after American superstar Simone Biles withdrew from the competition. Biles, the reigning all-around Olympic gold medalist and one of the faces of the American contingent at the

The floods in China and Europe are yet “another body blow” for global supply chains, the CEO of a shipping firm told CNBC on Monday.  “Rarely does a week go past without something new,” says Tim Huxley, CEO of Mandarin Shipping.  Shipping has already seen massive disruptions this year. As parts of the world rebounded from

In this article SBUX FB CNBC’s Jim Cramer on Monday recommended three restaurant stocks investors can play as Covid-19 transmission rates in the U.S. swing upward. Cramer said he’s bullish on the stocks of Starbucks, McDonald’s and Yum Brands — the parent of KFC, Pizza Hut, Taco Bell and other chains — if consumers begin

In this article MCD A pedestrian walks past an American fast-food hamburger restaurant chain McDonald’s logo seen in Hong Kong. Budrul Chukru | LightRocket | Getty Images McDonald’s announced Monday it has tapped company veteran Manu Steijaert as its first global chief customer officer in its latest step to improve the digital and in-person customer

An employee with Ipsun Solar installs solar panels on the roof of the Peace Lutheran Church in Alexandria, Virginia on May 17, 2021. Andrew Caballero-Reynolds | AFP | Getty Images Ramping up investment in policies and technologies to tackle climate change could play a significant role in the global economy’s recovery from the coronavirus pandemic.