In China, as elsewhere, the pandemic has sparked a shift in tourist behaviors, namely a preference for outdoor destinations and domestic travel.Story Published at: March 15, 2023 at 01:50AM
Chinese tourists are traveling again — but not the way they used to
SVB’s failure will have a ripple effect across technology ‘for years to come’
Silicon Valley Bank’s collapse is likely to be felt across the technology landscape globally over the coming years.Story Published at: March 15, 2023 at 12:40AM
Cathay’s CEO wants to turn the airline back to profitability, but faces manpower constraints
Cathay Pacific hopes to be profitable again in 2023, but returning to its pre-pandemic capacity is going to be a challenge, its CEO told CNBC.Story Published at: March 14, 2023 at 10:00PM
Apple reportedly delaying some employee bonuses as the company cuts costs
The shift is the latest example that Apple is cutting costs and watching corporate expenses closely during a rough patch for the tech industry. Story Published at: March 14, 2023 at 07:25PM
Ex-fugitive in $100 million New Jersey deli case leaves Thailand for U.S. court hearing
Three men are charged with alleged stock manipulation of Hometown International, which owned just a money-losing New Jersey deli.Story Published at: March 14, 2023 at 09:39PM
Private equity firms Apollo and KKR among those reviewing Silicon Valley Bank loans
Private equity firms Apollo Global Management and KKR are among the parties reviewing a book of loans held by Silicon Valley Bank, CNBC has learned. Story Published at: March 14, 2023 at 07:31PM
Russian jet downs U.S. Reaper drone over Black Sea
The U.S. called the downing of the drone by a Russian jet part of a pattern of reckless behavior by Russia. Story Published at: March 14, 2023 at 06:18PM
Charles Schwab CEO says firm is seeing significant inflows and that he bought the stock Tuesday
“What we’re seeing is asset inflows to the firm in significant numbers,” Bettinger told CNBC.Story Published at: March 14, 2023 at 06:02PM
Meta to lay off 10,000 more workers after initial cuts in November
Meta is laying off 10,000 more employees following a major round of job cuts in November.Story Published at: March 14, 2023 at 01:27PM
Boeing sells 78 Dreamliner planes to Saudi airlines
Crown Prince Mohammad bin Salman announced the launch of a new airline, Riyadh Air, airline over the weekend.Story Published at: March 14, 2023 at 01:16PM