A trader, center, wears a Citigroup jacket while working on the floor of the New York Stock Exchange. Michael Nagle | Bloomberg | Getty Images Here are the companies making headlines in midday trading. Citigroup, Wells Fargo, JPMorgan — Bank stocks fell on Thursday as Treasury yields dipped and investors digested forecasts from the Federal
Travel
(CNN) — As the world continues to ease lockdown measures, opportunities abound for the first wave of intrepid travelers who are willing — and legally able — to hit the road again. After months of closure, resorts and hotels alike are understandably very keen to get local and international business back in, meaning there are
Corporate travel is likely to come under pressure in the long term, and that could cause airlines to struggle with profitability, a managing director at Citi said this week. Still, he said it’s “not all bad news” for the industry, with signs of recovery on the leisure side and discounts being offered by manufacturers. The
Dimitri Neonakis took to the Nova Scotia sky on Thursday with his personal message to Floyd. He told CNN he chose the fist because it’s a symbol of the movement against racism. “We all have to speak out and we have to end it,” Neonakis said. “There are no borders when it comes to racism.”
CNBC’s Jim Cramer on Wednesday highlighted another outdoors-oriented stock that he thinks is sporting an attractive sell price. Polaris, a manufacturer of snowmobiles, motorcycles, boats and other vehicles, is another way investors can play a leisure industry that has been turned on its head, the “Mad Money” host said. “If you believe, as I do,
(CNN) — On Wednesdays, Palmetto, which opened for the first time on May 11 in Oakland, California, serves a full prime rib dinner — to go. It’s “enough to feed two people, or one really hungry person,” Christ Aivaliotis, one of the new restaurant’s owners, tells CNN Travel. But this isn’t how Palmetto or a
The first Boeing 737 MAX 9 airliner is pictured at the company’s factory on March 7, 2017 in Renton, Washington. The 737 MAX 9, which can carry up to 220 passengers, is the second of three variants of the popular single-aisle model. Getty Images Boeing logged orders for new freighter planes in May, but cancellations continued
(CNN) — Spot the odd one out in this list of global cities: Hong Kong, Zurich, Singapore and… Ashgabat? The Turkmenistan capital might not spring to mind when listing deep-pocket destinations, but Ashgabat is now the world’s second most expensive city for overseas workers, according to Mercer’s newly released Cost of Living Survey. While it’s
An employees at the Delta Air Lines helps a customer at a nearly deserted Los Angeles International Airport on April 16, 2020 in Los Angeles, California. David McNew | Getty Images Thousands of U.S. airline employees are being forced to play a game of chance with their careers. Airline executives are urging employees — from flight
Washington to Atlanta (CNN) — In normal times, special flights like Delta Air Lines’ retirement of the last McDonnell Douglas MD-80 series aircraft flying scheduled passenger service in North America are cause for celebration. With national crises raging, these are anything but normal times. Yet against this tragic backdrop, the final flight on Tuesday was
Who are the three types of travelers most likely to travel internationally this summer? If you guessed the jet-setting elite, adventure enthusiasts and once-in-a-lifetime honeymooners, you’d be wrong. A new report by Sentimantle, a service that advises tourism and airline clients, has identified the types of travelers who are most likely to venture abroad first.
(CNN) — It’s easy to see why “The Crystal” is one of the most highly anticipated new attractions in China. Designed by Moshe Safdie, the mastermind behind Singapore’s awe-inspiring Changi Jewel, the 250-meter-tall sky bridge is the highest of its kind. Dubbed a horizontal skyscraper, it stretches 350 meters across six of the eight skyscrapers
Diners eat lunch on the sidewalk in front of Casa Margarita restaurant on May 29, 2020 in LaGrange, Illinois. Phase 3 of Illinois governor J.B. Pritzker’s “Restore Illinois” plan began today with limited reopening’s of some businesses as a step toward restoring normal life during the COVID-19 pandemic. Jonathan Daniel | Getty Images As states
And just as Disneyland Shanghai in China did before it in May, Universal put limits on how many people were allowed in along with numerous coronavirus safety measures. These reopenings show landscapes of lightly attended parks and could illustrate the challenges that lie ahead this summer for other amusement and theme parks. (That includes SeaWorld
British Airways, Easyjet and Ryanair have criticized the U.K. government’s decision to impose a mandatory 14-day quarantine on international travelers, describing it as “unfair” and “disproportionate.” U.K. nationals and international passengers traveling into the country from Monday — be it via airplane, ferry or train — will have to complete a form, prior to their
Eleuthera, Bahamas (CNN) — Friendly and unassuming, the Bahamian island of Eleuthera offers languid, daydreamy, toes-in-the-sand, drink-in-hand getaways. The sinuous island — with a name taken from the Greek word for freedom — is also audaciously good looking. High cliffs braced against the Atlantic line the eastern shore. To the west, clear aqua water laps
An airline employee walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020. ANDREW CABALLERO-REYNOLDS American Airlines has recently detailed severance packages for high-level employees if they are laid off when the terms of federal aid expire in the fall, people familiar with the matter said.
(CNN) — Like many people, I developed an obsession with Italy relatively early in life. Unlike many people, mine was probably inspired by a cartoon dream sequence in which Yogi Bear and his girlfriend Cindy sailed through Venice on a gondola. I quickly moved on to classier inspiration — “Light in the Piazza” starring Olivia