Category Archives: CNN – Business

Qantas picks Airbus over Boeing to carry out the world’s longest flights

Qantas picks Airbus over Boeing to carry out the world’s longest flights

Qantas is choosing Airbus over Boeing as a partner to fly the world’s longest passenger routes. It’s yet another blow to the embattled American aircraft maker, which continues to weather fallout from the 737 Max crisis. The Australian carrier announced Friday that it would use Airbus planes for “Project Sunrise,” which intends to eventually operate…MORE

Asian stocks jump as an initial US-China trade deal moves closer toward reality

Asian stocks jump as an initial US-China trade deal moves closer toward reality

Stocks in Asia popped on news that US and Chinese negotiators have agreed in principle to an initial “phase one” trade deal, cooling tensions somewhat between the world’s top two economies. Japan’s Nikkei 225 jumped 2.4%. Hong Kong’s Hang Seng Index also advanced 2.1%, poised for the biggest daily gain in more than two months.…MORE

Remember HQ Trivia? It’s trying to make a comeback

Remember HQ Trivia? It’s trying to make a comeback

HQ Trivia brought joy — and some cash — to millions of people, but despite the game’s virality, the start-up behind it struggled. Now, that company, HQ, is trying to make a comeback with new games and a subscription service. On Thursday at 8 pm ET, HQ will debut HQX, a new game in which…MORE

The pound and UK stocks surge as Boris Johnson scores a big election win

The pound and UK stocks surge as Boris Johnson scores a big election win

UK stocks and the pound shot higher after British Prime Minister Boris Johnson secured an election victory that clears the way for Britain to quickly leave the European Union. The benchmark FTSE 100 gained 1.5% in early trade in London as investors reacted to the thumping election win. The FTSE 250 index of midsize British…MORE

Why the Fed may need to slash rates to zero before the end of 2020

Why the Fed may need to slash rates to zero before the end of 2020

The Federal Reserve is strongly suggesting that interest rates are unlikely to budge much before the 2020 election. After three straight rate cuts, the US central bank on Wednesday said rates are at “appropriate” levels to keep the longest economic expansion in history humming. A wide majority of Fed officials anticipate holding rates steady until…MORE

Get ready, Braves fans: Atlanta stadium will be renamed after Truist

Get ready, Braves fans: Atlanta stadium will be renamed after Truist

Atlanta Braves fans will soon be watching baseball at the Truist stadium in sports. The name of SunTrust Park, the home of the Braves, will change to include the oft-ridiculed “Truist” brand, the newly-merged bank confirmed to CNN Business. However, the full name of the venue (Truist Park? Truist Financial Stadium?) has not yet been…MORE

Meet the biggest bank you’ve never heard of

Meet the biggest bank you’ve never heard of

Truist wasn’t even a word a year ago. Now it’s one of America’s biggest banks. The $28 billion marriage of SunTrust and BB&T means those brands are getting slowly phased out after a combined 275 years of history. The deal between the nation’s largest banking tie-up since 2004 was presented as a merger of equals,…MORE

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