Traders work on the floor of the New York Stock Exchange on Dec. 9, 2024.Michael Nagle | Bloomberg | Getty ImagesThis report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here.What you need to know todayMega automobile mergerNissan and Honda have begun official merger discussions, the two companies announced on Monday. Negotiations will end June 2025. Japan-listed Honda shares were last up 13.4% on Tuesday and on track for their best day since…
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The price of cocoa has soared, as deforestation and climate change make it more difficult for chocolate producers to get their hands on the precious beans. Sacramento-based startup California Cultured is hoping it has found a solution to the industry’s supply issue. “We are still starting with basically a little living bean. So, instead of planting it, we put it in a liquid environment, and we trick the bean over thousands of passages to grow the way that we want,” said Alan Perlstein, California Cultured’s founder and CEO, in an interview with CNBC Tech: The Edge. “We’re directly growing the tissue that gets…
Chinese national flags flutter in front of the Great Hall during the fifth plenary meeting of the first session of the 14th National People’s Congress (NPC) on March 12, 2023 in Beijing,Vcg | Visual China Group | Getty ImagesChinese authorities have agreed to issue 3 trillion yuan ($411 billion) worth of special treasury bonds next year, two sources said, which would be the highest on record, as Beijing ramps up fiscal stimulus to revive a faltering economy.The plan for 2025 sovereign debt issuance would be a sharp increase from this year’s 1 trillion yuan and comes as Beijing prepares to…
Technology has long been key to success in motorsports. F1 teams have been technologies like cloud computing to AI and machine learning to improve performance. But with AI advances gathering pace each day, race car giants are doubling down.Peter Fox – Formula 1 | Formula 1 | Getty ImagesWOKING, England — Inside McLaren’s massive technology center, artificial intelligence isn’t something that’s shouted from the rooftops.However, the 60-year-old motorsports giant is an avid user of the tech behind the scenes.At the McLaren Technology Center (MTC), located in Woking, England, the company explained how it’s using AI to improve its chances on…
The ‘Fast Money’ traders talk Treasury yields, what’s behind the recent market movement, and more. Source link
A customer reaches for a box from the Lego Dots range at the Lego A/S store in London, U.K., on March 7, 2022.Bloomberg | Getty ImagesThe toy industry is headed for its second consecutive annual sales decline, but it’s got one thing propping it up: colorful, interlocking plastic bricks.At a time when toy companies are struggling to match the massive gains of pandemic-era sales, Lego is growing rapidly. The Danish company saw revenue jump 13% in the first six months of the year and continues to snap up market share.”When you look at toy sales, Lego has just been driving…
The United States Steel Corp. Clairton Coke Works in Clairton, Pennsylvania, US, on Tuesday, Dec. 19, 2023.Justin Merriman | Bloomberg | Getty ImagesNippon Steel’s $15 billion bid for U.S. Steel has been referred to U.S. President Joe Biden, a White House spokesman said, giving the president 15 days to decide on a tie up he has previously said he opposes.The Committee on Foreign Investment in the United States (CFIUS), which reviews foreign investments in the U.S. for national security risks, referred the bid to Biden after it was unable to reach a consensus.”We received the CFIUS evaluation and the President will review it,”…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailKaterina Simonetti, Morgan Stanley Private Wealth Management senior vice president, joins ‘Fast Money’ to talk positioning your portfolio in 2025. Source link
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.While charge cards and credit cards share a similar appearance and function, they operate differently. Both let you buy now and pay later, but their repayment terms can vary considerably.Charge cards are less common than credit cards. CNBC Select reviews the key differences to help you decide which is right for you.Compare credit repair optionsAre credit cards and charge cards the same?Although charge cards and credit cards may be used interchangeably, they are not the same. Credit cards allow you to carry a balance from one billing cycle…
Orphe Divounguy, Zillow senior economist, joins ‘Fast Money’ to talk Zillow’s 2025 housing market outlook. Source link
