Jobless Claims Get Better, but Remain at High Level
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Some hotels are now catering to tired guests by offering services such as in-room cocktail programs; and sleep concierge programs, in an attempt to meet customers' need to relax, reports CNBC's Steve Liesman.
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A new musical, called "The Street" about Wall Street is having a sneak peak next week in lower Manhattan and opening in the Midtown International Theater festival. The press materials say "stock shorts, long odds, undercover moles and a misanthropic metrosexual all collide." Wall Street worked as subject matter for the movie "Wall Street" as well as some other fantastic street-themed films including "Boiler Room" and "American Psycho" (well, that's the worst part of that culture).
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Here in Beijing, you can see the change happening everywhere you go. Construction sites are a dime a dozen. Roads are being repaved in the wee hours of the night. Cranes lurch over the skyline. Still, some things here never change--including the way businesses interact with the media.
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Wal-Mart is test marketing religious action toys, hoping there's a Goliath-like appetite out there for something other than Bratz dolls or Dragon Ball Z. The toys are being made by One2believe in California, and they'll be rolled out in August at 425 Wal-Mart stores. The test stores are not just in the Bible Belt, but in places like California. The action figures include a 3" tall figure of Daniel in the lion's den, and a foot-tall talking Jesus. What would Jesus do? Ask him! He talks!
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Earnings news is helping set the tone as some big positive reports are countering weakness in stocks ahead of inflation data.
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Pancake restaurant IHOP, which agreed to buy Applebee's International for $2.1 billion, or $25.50 per share, hopes to revive the struggling casual-dining chain through franchising, the CEO told CNBC.
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Stocks are setting a positive tone ahead of the opening even as oil continues its move up. Merger news, real and rumored, dominates the Monday morning headlines.
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We did it! Five states in five days, four flights and one long drive. Our journey through America's Top States for Business covered some 6,000 miles, and we hope we highlighted some of the states and practices that are "Keeping America Great".
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The economic fates of Texas and the energy industry are inexorably linked. And that industry is part of how Texas gained a reputation for doing everything big.
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It's amazing the power you posses when you know a secret--apparently no matter how trivial. To add a little fun to our series on America's Top States for Business, we've been unveiling our Top Five daily on CNBC's Power Lunch. Not only have we been keeping the identity of the states secret from our viewers until the last minute; there is only a small circle of people within CNBC who know where we will be each day.
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The countdown begins, as the team begins its trip across America, visiting each of the top five states in days ahead. . The first stop is North Carolina, which ranked No. 5 in our study.
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We didn't plan it this way, honest. But it's a good thing our No. 4 state, Georgia, is just two states away from our number five state, North Carolina.
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CNBC, America's Business Channel, and CNBC.com look at the best -- and worst -- states for business in our new exclusive study.
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Fast-food company Yum Brands posted higher fiscal second quarter earnings that exceeded analysts' estimates and also raised its full year earnings forecast.
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Every deal worth a headline these days is inevitably followed by the discovery of unusual options activity. In fact, it's become so routine that when news of a deal crosses, all I have to do is pick up the phone, call an options trader, determine how abnormal the trading activity was in the days prior to the deal, and BOOM! I've got a story. Unusual options trading pre-mega deal is definitely not unusual.
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Pinnacle, International Game Tech and Wynn Resorts are the best gaming sectors to invest, analyst Joe Greff at Bear Stearns told CNBC's “Squawk on the Street.”
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Cramer, cut and run? Never. No matter how loud the bears growl.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
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While Wall Street coasted into a sleepy pre-holiday finish on Tuesday, options in Hilton Hotels were actively traded as shares of Hilton rose in the abbreviated trading session.
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Shares in Kesa Electricals gained 4.8% as interest in one of the retailer's subsidiaries mounted. Keas said it received a number of indications of interest to buy the French furniture and electrical retail unit called BUT.
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You're standing in the middle of 750,000 honey bees--give or take a couple of thousand. And they are hard at work. Making money for Wisconsin Natural Acres Honey Inc.by making honey--60,000 plus pounds of it. Doug Shultz has been working with migratory honey bees since he was 17. Over 20 years later, he's ended up in the 'high end', 'gourmet' honey business.
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Nearly half of all Americans don't plan to take a vacation this summer, and more than half say they're driving less often in the face of high gasoline prices, according to CNBC's latest Wealth in America survey. A total of 48% of Americans won't go on vacation, including 65% of those who earned $30,000 or less. On the other end of the income scale, 25% of those who earned more than $100,000 a year have opted to stay home.
Road Warrior
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Own a small business? United Airlines debuted a new program offering reward miles for everyday purchases.
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American debuted a new livery drawing that is drawing both praise and criticism.
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Welcome Colonel Sanders. Japan Airlines is rolling out KFC meals on flights to the U.S. and Europe.