Business News Archives | Page 12 Of 142

How the world’s 240,000 crypto millionaires are spending their fortunes

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The price surge in bitcoin helped created another 70,000 new crypto millionaires over the past year, adding hundreds of billions of Dollars in […]

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NBA looks to China for growth, renewing a foothold in its second-largest market

Business News

Michael Porter Jr. #17 of the Brooklyn Nets shoots the ball during practice and media availability as part of 2025 NBA Global Games China at Venetian Arena on October 9, 2025 in Macao, China. Ryan Stetz | National Basketball Association | Getty Images MACAO — The National Basketball Association returns to China for the first

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Levi Strauss raises prices, helping to boost profit and outlook

Business News

Levi Strauss‘s profits are growing more than Wall Street expected despite higher costs from tariffs, thanks to targeted price increases and a shift away from wholesalers, the company said Thursday as it reported fiscal third quarter results. During the quarter, Levi’s gross margin grew 1.1 percentage points to 61.7%, up from 60.6% in the year-ago

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Candy maker Ferrero goes all in on sports with Super Bowl ad, World Cup promotions

Business News

Ferrero North America is planning to spend more than $100 million on marketing campaigns tied to the Super Bowl and World Cup next year. The sports push comes as the confectioner’s parent company drives further into the United States through acquisitions and investments in domestic production. Ferrero, which was founded in Italy but is now

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Delta says premium travel is set to overtake coach cabin sales next year

Business News

A view from the Delta Sky Club at Los Angeles International Airport, Sept. 2, 2022. AaronP | Bauer-Griffin | GC Images | Getty Images Delta Air Lines customers are getting used to first class. Revenue from the pricier, roomier seats toward the front of the plane could eclipse sales from standard coach seats for at

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Macao is becoming more than a gambling destination. Casinos are winning big anyway

Business News

If you blindfolded an American tourist and plopped them on the Cotai Strip in Macao, they might take one look at the Venetian hotel and the replica Eiffel Tower and assume they were in Las Vegas. Like Las Vegas, Macao — a special administrative region of China — is transforming itself with fresh entertainment, waterparks,

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Family offices still bet on AI and health care even as deals slow down

Business News

Jeff Bezos, founder and executive chairman of Amazon and owner of the Washington Post, takes the stage during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty Images A version of this article first appeared in CNBC’s Inside Wealth

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United just revealed new summer 2026 flights. Here’s where you can fly nonstop

Business News

View of Santa Cesarea Terme from above, near Otranto, in Italy. Davide Pischettola | Nurphoto | Getty Images United Airlines‘ summer 2026 international travel plan is out, and smaller European cities are in. Starting April 30, United plans to fly from its hub at Newark Liberty International Airport in New Jersey to Split on the

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Delta CEO says government shutdown hasn’t impacted airline’s operation

Business News

A Delta Air Lines Airbus A220 airplane prepares to takeoff at Ronald Reagan Washington National Airport in Arlington, Virginia, on July 10, 2025. Saul Loeb | Afp | Getty Images Delta Air Lines CEO Ed Bastian told CNBC that the carrier’s operation is running smoothly despite the federal government shutdown, but if it goes another

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Delta’s profit forecast tops estimates, buoyed by higher fares and resilient luxury demand

Business News

Delta Air Lines Flight Museum in Atlanta, Ga. Leslie Josephs/CNBC Delta Air Lines forecast a better-than-expected end to 2025 thanks to rising airfares and resilient luxury travel demand. The airline on Thursday projected adjusted earnings of between $1.60 and $1.90 a share for the fourth quarter, compared with the $1.65 per share analysts polled by

Delta’s profit forecast tops estimates, buoyed by higher fares and resilient luxury demand Read More »

How the world’s 240,000 crypto millionaires are spending their fortunes

NBA looks to China for growth, renewing a foothold in its second-largest market

Levi Strauss raises prices, helping to boost profit and outlook

Candy maker Ferrero goes all in on sports with Super Bowl ad, World Cup promotions

Delta says premium travel is set to overtake coach cabin sales next year

Macao is becoming more than a gambling destination. Casinos are winning big anyway

Family offices still bet on AI and health care even as deals slow down

United just revealed new summer 2026 flights. Here’s where you can fly nonstop

Delta CEO says government shutdown hasn’t impacted airline’s operation

Delta’s profit forecast tops estimates, buoyed by higher fares and resilient luxury demand

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