An IT failure at Lufthansa stranded thousands of passengers and forced flights to Germany’s busiest airport to be canceled or diverted Wednesday, with the airline blaming botched railway engineering works that damaged broadband cables.
Category Archives: business
As inflation stays high, grocers push back against raising food prices
As many shoppers trade down from pricier brand-name items for generic alternatives, grocers are increasingly pushing food suppliers to lower prices.
Biden announces new economic team led by Lael Brainard of the Federal Reserve
President Joe Biden shuffled his economic team Tuesday, naming Lael Brainard of the Federal Reserve as his top adviser on inflation and the broader economy.
Love and finances: How to talk to your partner about money
Whether you’re just starting out or you’ve been together for years, getting on the same financial page as your romantic partner can pay off in big dividends. CNBC senior personal finance correspondent Sharon Epperson shares tips for having the difficult conversations.
January inflation hits 6.4%, missing analysts' expectations for a faster slowdown
The latest inflation numbers are expected from the U.S. Tuesday morning
Women are driving the labor market’s post-pandemic recovery
Labor-force participation among women in their prime working years returned to pre-pandemic levels in January, but the job gains haven’t been spread evenly.
Sports betting reaches new heights ahead Super Bowl LVII
For generations, sports leagues viewed gambling as a threat to the integrity of professional games but now sports betting is more popular than ever due to a widespread shift in legalization. NBC’s Shaquille Brewster reports in this week’s Sunday Focus.
Adidas warns dropping Kanye West could cost it more than $1 billion
Adidas said Thursday that it is at risk of losing as much as $1 billion in operating profits if it fails to offload its inventory of Kanye West-designed Yeezy merchandise.
Florida to place leadership of Disney's special operating district under DeSantis' control
Florida lawmakers have approved a bill that makes changes to Disney’s Reedy Creek Special Improvement District, including replacing its board of supervisors.
Walmart pushes back as major product suppliers ask for higher prices
Walmart Inc. is warning major packaged goods makers that it can no longer stomach their price hikes, pitching its own private-label products to shoppers as less-expensive alternatives to suppliers’ name-brand goods.