Guzman Y Gomez’s co-founder and CEO Steven Marks. Guzman Y Gomez SYDNEY — When Steven Marks landed a job at a top Wall Street hedge fund, he thought he had it made. Marks, then 23-years-old, was one of just two grads in his year to earn a place on legendary U.S. investor Steve Cohen’s New
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2019 Buick Regal GS Mack Hogan/CNBC DETROIT – General Motors will discontinue the Buick Regal in the U.S. and Canada, leaving the brand with nothing but SUVs in its domestic lineup. The move marks a major shift for Buick, which has traditionally been known for its passenger cars for more than a century. It’s the
European stocks are set to open slightly higher Wednesday morning, as investors await a fresh batch of economic data. The FTSE 100 is seen 6 points higher at 7,164, the CAC is expected to open up around 27 points at 5,754, while the DAX is poised to start 67 points higher at 13,056, according to
United Airlines planes, including a Boeing 737 MAX 9 model, are pictured at George Bush Intercontinental Airport in Houston, Texas, March 18, 2019. Loren Elliott | Reuters United Airlines on Tuesday announced an order for 50 long-range Airbus jets, handing another victory from a U.S. airline to Boeing‘s European rival. The Chicago-based airline ordered 50
Marcus Lemonis is best known for running his billion-dollar company Camping World, as well as hosting CNBC’s “The Profit.” But one little-known fact about the business mogul is this: He’s a “macaron snob.” And Macaron Queen — a boutique macaron shop in Atlanta — gets his seal of approval. “I actually think this is the
Starbucks Irish Cream Cold Brew holiday drink. Source: Starbucks Starbucks is launching its latest holiday drink on Friday: the Irish Cream Cold Brew. The cold brew, mixed with Irish cream syrup, comes topped with vanilla sweet cream cold foam and cocoa powder. Two years ago, Starbucks’ midseason addition to its holiday lineup was the Christmas
Pedestrians cross Russell Street in front of the Times Square shopping mall, operated by Wharf (Holdings) Ltd., in the Causeway Bay shopping district of Hong Kong, China. Xaume Olleros | Bloomberg | Getty Images Hong Kong’s tourist arrivals and retail sales figures are unlikely to be any better in November after their dismal showing in
David Tepper David Orrell | CNBC Carolina Panthers owner and hedge fund manager David Tepper is pushing for a Major League Soccer expansion team in Charlotte and is prepared to pay up to seal the deal, according to a report from Charlotte Business Journal. Tepper requested $100 million in taxpayer money, which would come out
Amazon has removed a selection of items that displayed images of Auschwitz and other Nazi concentration camps. The products’ removal followed a tweet on Sunday from Poland’s Auschwitz Memorial, the museum that preserves the site of the former German Nazi concentration camp. The tweet stated: “Selling ‘Christmas ornaments’ with images of Auschwitz does not seem
Workers make toys for export at a plant on July 16, 2019 in Lianyungang, Jiangsu Province of China. Si Wei | Visual China Group | Getty Images A private survey on Monday showed China’s manufacturing activity expanded more than expected in November as the Caixin/Markit manufacturing Purchasing Managers’ Index (PMI) came in at 51.8. Caixin
Anna and Olaf from from Disney’s “Frozen II,” voiced by Kristen Bell and Josh Gad. Disney Disney has put another feather in its cap this weekend. “Frozen II” continued to dominate the box office, hauling in $124 million domestically during the five-day Thanksgiving holiday weekend. The animated feature outpaced 2013’s “Hunger Games: Catching Fire” to
Sven the reindeer and Olaf from “Frozen II.” Disney Disney has long been the king of animation, with titles that have not only hauled in billions of dollars at the global box office, but also scored a record number of Academy Awards. This year, that trend continues. The company, which has two animation studios, has
UAW President Gary Jones (left) and FCA North America Chief Operating Officer Mark Stewart opened 2019 contract talks with a ceremonial hand shake during an event on July 16, 2019 at the company’s North American headquarters in Auburn Hills, Mich. Fiat Chrysler DETROIT – Fiat Chrysler and the United Auto Workers union have reached a
A group of Black Friday online shopping purchases photographed in delivery boxes filled with polystyrene packing pellets, taken on September 13, 2019. Future Publishing | Future | Getty Images Black Friday shoppers spent $7.4 billion online, the second largest Internet shopping day ever, according to data compiled by Adobe Analytics. The $7.4 billion marked the
A crew works to de-ice a plane at Minneapolis-St. Paul International Airport after a blizzard struck overnight on November 27, 2019 in Bloomington, Minnesota. Stephen Maturen | Getty Images Travelers returning from the long Thanksgiving weekend may face disruptions as a slow-moving winter storm advances eastward. Delta Air Lines on Friday said it would waive
The National Football League has suspended Arizona Cardinals defensive back Josh Shaw for betting on games, the league announced Friday. Shaw, who is currently on injured reserve, will not be eligible to play for the remainder of the 2019 season, and out indefinitely until at least the conclusion of the 2020 season for betting on
Workers in the Peterborough Amazon Fulfilment Centre prepare for Black Friday on November 27, 2019 in Peterborough, England. Hollie Adams | Getty Images Turkey didn’t slow down shoppers this Thanksgiving. Shoppers spent $4.2 billion online on Thanksgiving, a 14.5% increase from last year and a record high, according to data released by Adobe Analytics, which
Escaping the daily hustle and bustle is never easy — and in some places, it’s especially tough. With a population of more than 1.3 billion, India is the world’s second most populous country. It’s expected to overtake China in 2027 to claim the number one position, according to the U.N. Department of Economic and Social
Ikea flags are seen in Krakow, Poland on 6 June, 2017. (Photo by Beata Zawrzel/NurPhoto via Getty Images) Beata Zawrzel | NurPhoto | Getty Images The Inter Ikea Group has said it will invest 200 million euros ($220 million) to accelerate its transition into what it describes as a “climate positive business.” In an announcement
A worker moves a bin filled with products inside of an Amazon fulfillment centre in Robbinsville, New Jersey. Lucas Jackson | Reuters Thanksgiving day celebrations may just be getting started but the holiday is already expected to be a bonanza for retailers. Early data released by Adobe showed online retail sales on Thursday will reach