When the late Rep. Katie Hall (D-Ind.) went to Congress in 1982, it was to finish the term of Adam Benjamin Jr., the Northwest Indiana congressman who had died suddenly of a heart attack. But Hall, the first African American to represent Indiana in Congress, also had another goal: She […]
CNBC News
A major university just went all in on solar power
A major Australian university is set to achieve carbon neutrality on its energy use and will have all of its energy needs met by solar photovoltaics (solar PV). The University of New South Wales (UNSW) announced Monday that it had entered into a “tripartite arrangement” with Maoneng Australia and Origin […]
South Korea issues update on its potential cryptocurrency trading ban
South Korea will make a decision on a proposed ban on cryptocurrency exchanges after “sufficient consultation and coordination of opinions,” the country’s government said Monday. Last week, South Korean Justice Minister Park Sang-ki said the government was preparing a bill to ban trading via cryptocurrency exchanges. Two of the country’s […]
Mars marketing chief: ‘It’s probably never been a more challenging time to be a marketer’
Marketers are currently experiencing one of their toughest environments ever because of the multiple options for communicating with consumers, according to the chief marketing and customer officer at candy and petcare business Mars. Speaking to CNBC’s “Marketing Media Money” show, Andrew Clarke said that reaching mass audiences was a challenge […]
Apple’s iPhone 7 Plus was the second-best selling phone in China in 2017
Apple was the only foreign brand to have a smartphone model in the top 10 best-selling handsets in China in 2017. The iPhone 7 Plus managed 2.8 percent of all sales in the world’s largest smartphone market, according to data from Counterpoint Research released Monday. Apple’s large-screen device trailed the […]
Germany needs new political blood as Merkel is unlikely to finish fourth term, analyst says
Germany may be a step closer to forming a new government, but there are doubts that Chancellor Angela Merkel will be its leader for the full mandate, a political analyst told CNBC on Monday. Following failed coalition talks between Merkel’s German Christian Democrats (CDU), the Greens and the Free Democratic […]
Airbus beats Boeing in 2017 order race after it logs huge December numbers
A spree of selling in the final weeks of 2017 has helped Airbus surge past Boeing to win the annual commercial jet orders race. The European planemaker said after cancellations were taken into account, 1,109 aircraft were placed. Boeing meanwhile booked 912 net orders across the year. Speaking via webcast […]
US wants to cut money for Palestinian refugees
The Trump administration is preparing to withhold tens of millions of dollars from the U.N. agency for Palestinian refugees, cutting the year’s first contribution by more than half or perhaps entirely, and making additional donations contingent on major changes to the organization, according to U.S. officials. President Donald Trump hasn’t […]
Airbus admits it will have to stop making its A380 if there’s no new deal with Emirates
Airbus has admitted that unless it can find more buyers for its A380 superjumbo, the program may have to end. The European planemaker has said it will build 12 A380s in 2018 and a further eight in 2019. Airbus said the minimum annual number it is prepared to build each […]
Asian shares largely gain, but Chinese stocks stumble
Most major indexes in Asia closed higher on Monday after Wall Street closed out last week at records and the dollar continued to struggle. The Nikkei 225 rose 0.26 percent, or 61.06 points, to close at 23,714.88, despite the yen’s climb higher. Financial names rose in the session, but automakers […]