The logo of Zilingo is displayed on a window at the company’s office in Singapore. Ore Huiying | Bloomberg | Getty Images Southeast Asian fashion start-up Zilingo on Wednesday said it is launching a program in Indonesia, where it will provide microloans, vocational training and resources for women to run their own garment manufacturing businesses.
Business
State and local officials are reportedly in talks with three major drug distributors on a potential $18 billion settlement of litigation that blames them for helping to fuel the U.S. opioid epidemic. The potential settlement, according to the Wall Street Journal, would require McKesson Corp., AmerisourceBergen Corp. and Cardinal Health to collectively pay the $18 billion over
The Eden Project in Cornwall is home to an indoor rainforest. John Beedle | Photolibrary / Getty Images Plus | Getty Images A geothermal heat and power project in the southwest of England has secured £16.8 million ($21.23 million) in funding. In an announcement Monday, educational charity the Eden Project and EGS Energy Limited said
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC DETROIT – The United Auto Workers has summoned local union leaders to Detroit on Thursday for an update on its negotiations with General Motors. The union has traditionally done this when a
Southwest Airlines Boeing 737 MAX aircraft are parked on the tarmac after being grounded, at the Southern California Logistics Airport in Victorville, California on March 28, 2019. Mark Ralston | AFP | Getty Images The Boeing 737 Max won’t return to service at Southwest Airlines until February at the earliest, the union that represents the
While President Donald Trump says he has a trade deal in place, the Chinese side is calling it progress – as corporate spending and investment hangs in the balance. Wall Street analysts were largely skeptical of Trump’s announcement on Friday of a substantial trade deal, as Evercore ISI strategists noted that it “focused on the
A Chinese flag is seen in front of containers at the Yangshan Deep-Water Port, an automated cargo wharf, in Shanghai on April 9, 2018. Johannes Eisele | AFP | Getty Images China‘s yuan-denominated exports fell 0.7% in September from a year ago, while imports dropped 6.2% during the same period, Reuters reported on Monday, citing
NASA Administrator Jim Bridenstine, left, and SpaceX Chief Engineer Elon Musk, right, speak to press in front of the Crew Dragon that is being prepared for the Demo-2 mission. NASA/Aubrey Gemignani LOS ANGELES – SpaceX and Boeing are each in the final stages of developing the spacecraft needed for the U.S. to once again fly astronauts, with NASA’s
Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, July 1, 2019. Lindsey Wasson | Reuters The worldwide grounding of the Boeing 737 Max, now in its eighth month, is driving up costs for airlines as they cancel thousands more flights into 2020. American and United
Teva Pharmaceutical Industries: “Don’t own Teva.” MGM Resorts: “That is an incredibly well-run company and they have ambitions for gambling and sports that I think are spectacular.” Boot Barn: “Boot Barn is still a buy. I like the stock very much and I think you should just own it and then if it comes in
President Donald Trump managed to make some progress in the latest round of U.S.-China trade talks, but CNBC’s Jim Cramer says investors must read the fine print. The “Mad Money” host previews a big week of earnings and offers tips on golf stocks. He catches up with Wendy’s CEO Todd Penegor to get more insight
Zedd performs onstage during the 2019 iHeartRadio Wango Tango at Dignity Health Sports Park on June 01, 2019 in Carson, California. Kevin Winter | Getty Images Entertainment | Getty Images Zedd, a high-profile DJ and music producer, has been permanently banned from China for liking a tweet from “South Park’s” official account. On Friday, Zedd
General Motors assembly workers picket outside the General Motors Bowling Green plant during the United Auto Workers national strike in Bowling Green, Kentucky, October 10, 2019. Bryan Woolston | Reuters The United Auto Workers union said on Friday that it had countered General Motors‘ latest offer and “if GM accepts and agrees to this group
Mickey Drexler former CEO of J.Crew and backer of Alex Mill. Adam Jeffery | CNBC To succeed in today’s retail environment, clothing companies need to remember one key thing, former J. Crew CEO Mickey Drexler told CNBC’s Jim Cramer on Thursday. “You don’t need huge assortments to shop anymore. Never did you need a huge
Airfare. Hotel. Rental car. When planning your next vacation, those are the first things you look to book. Yet there is one more item you may be missing: travel insurance. With prime booking season for holiday travel now getting underway, it could be a good idea to see what options you have. “People usually forget
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 with Vermont Sen. Bernie Sanders (far left) in Detroit. Michael Wayland | CNBC DETROIT – General Motors is urging the United Auto Workers to agree to “around-the-clock” bargaining in an attempt to reach a tentative agreement and potentially
US Representative Raja Krishnamoorthi, Democrat of Illinois, looks as Acting Director of National Intelligence Joseph Maguire arrives to testify before a hearing of the House Permanent Select Committee on Intelligence on September 26, 2019, in Washington, DC. Andrew Caballero-Reynolds | AFP | Getty Images A House panel is requesting a slew of documents from Reynolds
Chicken shawarma, made with soy protein and cultured chicken fat Source: Future Meat Technologies As meatless burgers have landed at Burger King and Carl’s Jr., dozens of start-ups are racing to be the first to sell beef grown in a lab. Now, one of those start-ups has raised $14 million to produce its cultured meat
Man vaping while driving a car is seen in Gdansk, Poland on 9 July 2019 Police warn that vaping while driving may increases the risk of car accidents, due to reduced visibility caused by a large cloud of smoke which may momentarily blind drivers. Michal Fudra | NurPhoto | Getty Images Prudential Financial plans to
A collection of popular vaping products include Suorin, Juul and Blu are displayed for Cheryl Phillips’ presentation at St. Joseph Mercy Canton Health Center in Canton on Monday, Sept. 24, 2018. The U.S. Food and Drug Administration has announced a series of policies to attack what it calls “the epidemic use of electronic cigarettes and