Emirates Flight Catering in Dubai makes all the snacks, main dishes and desserts served aboard the airline’s 200,000 flights each year. The facility runs 24-7, dishing out 110 million meals a year. Emirates’ 1,800 chefs from around the world create region-specific menus for each flight. A previous version of this video inaccurately identified lamb chops
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►Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs John Nash, the US mathematician who has died at 86, is hailed with putting game theory at the heart of economics. Ferdinando Giugliano explains why his work is so important and how the Nash equilibrium theory works. ► FT Wealth: http://bit.ly/1e3996C ► FT Global Economy: http://bit.ly/1J5mmqH ►
Berkshire Hathaway CEO Warren Buffett talks about how his business partner Charlie Munger analyzes business more thoroughly than most investors.
In less than one year, WeWork went from having a $47 billion valuation and being the darling of the venture capital world to needing an $8 billion infusion to avoid running out of money. This is the story of Adam Neumann, Softbank’s risky investment, a failed IPO and how we got here. ——– Like this
Hero Images | Hero Images | Getty Images Many Americans believe they will live longer than their parents. For younger generations, that has led to a big concern: how they will provide financially for those extended years. That’s according to a new online poll from the Longevity Project and Morning Consult, which surveyed 2,200 U.S.
A trader works on the floor of the New York Stock Exchange. Getty Images Traders and hedge funds who use high-speed methods to gain an advantage in the stock market impose a “tax” on other investors, according to a study released Monday, costing as much as $5 billion per year across global exchanges. The Financial
U.S. Treasury yields are sliding, and that could negatively impact financial institutions, CNBC’s Jim Cramer said Monday. “Worries about a worldwide slowdown mean people will buy [U.S.] Treasurys, and when people buy Treasurys, interest rates go down,” the “Mad Money” host said. “Lower long-term rates translate to lower earnings for the banks, which is why
Laborers work in the Qingdao branch of SAIC-GM-Wuling Automobile in Qingdao, China. STR | AFP | Getty Images Automakers are withdrawing employees from China and weighing whether to suspend manufacturing in the country as the virus that emerged in Wuhan less than a month ago ravages the mainland. Most major automakers have restricted or banned
Jetta Productions Inc Bring out your box of receipts. Tax season begins today. Eager taxpayers can start filing their 2019 tax returns on Monday, Jan. 27. The IRS expects it will receive more than 150 million returns. People with elaborate returns can ask for a six-month extension to file, but they have until April 15
Investors who were waiting for the market to sink so they could buy stocks at cheaper prices should stay on the sidelines a little longer, CNBC’s Jim Cramer said Monday. “This is the panic people have been waiting for,” Cramer said on “Squawk on the Street,” referring the worst selloff on Wall Street in months
The “Options Action” traders share three options trading strategies to kick off the week. Mike Khouw and Carter Worth looked at buying a put spread in the Nasdaq 100 ETF. Tony Zhang looked at buying a call spread in General Electric. Mike Khouw also illustrated selling a put spread in Tesla. Disclaimer
Franco-Italian chipmaker STMicroelectronics’ fourth-quarter results beat analysts’ estimates on Thursday as demand for chips dedicated to the next generation of smartphones and low-emission cars helped offset a slowdown in more traditional products. STMicro’s results reflect a wider industry move towards more sophisticated semiconductors within the telecoms, auto, and manufacturing sectors, as equipment makers gear up
(L-R) Billie Eilish and Finneas O’Connell accept Album of the Year for “When We All Fall Asleep, Where Do We Go?” onstage during the 62nd Annual GRAMMY Awards at Staples Center on January 26, 2020 in Los Angeles, California. Jeff Kravitz The 62nd Grammy Awards were dominated by 18-year-old Billie Eilish. The first-time Grammy nominee
The FT meets the key players and influencers in the obsessive world of sneaker resale, where trainers like those from Nike Air Jordan and Adidas Yeezy can make a fortune for entrepreneurs that treat shoes like stocks on platforms including StockX. Read more on the sneaker business with one free story: https://www.ft.com/content/2155aa3e-d08b-11e8-9a3c-5d5eac8f1ab4 Music soundtrack by
Terry Crews, actor, former NFL player, and host of Netflix’s “Ultimate Beastmaster,” discusses why he decided to build his own PC and how he used Facebook to help. ————————————————– Follow BI Video on Twitter: http://bit.ly/1oS68Zs Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ ————————————————– Business Insider is the fastest growing business news site in the
What would happen if the president of the United States wanted to launch a nuclear weapon? Here are the steps the commander-in-chief would need to take. ———- Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features, profiles and
Elon Musk is worried about AI, but not in the ‘evil robots take over the world’ kind of way. What happens when artificial intelligence becomes superintelligence?
ferrantraite “Adulting” with your money. You’ve got this. Your money is like anything else you need to learn. It seems crazy complicated at first, then bit by bit you learn more, until you realize it’s more accessible than you thought. Even though the adult world has many confusing concepts, remember that most people are not
Visa Inc. credit and debit cards are arranged for a photograph in Washington, D.C., U.S., on Monday, April 22, 2019. Andrew Harrer | Bloomberg | Getty Images Financial technology start-up Currencycloud, which powers cross-border payments for a number of popular finance apps, has raised $80 million in a funding round backed by Visa. Based in
A worker prepares to load a silicon wafer machine in a clean room at the Texas Instruments semiconductor fabrication plant in Dallas, Texas. Jason Janik | Bloomberg | Getty Images Texas Instruments forecast first-quarter revenue above market expectations on Wednesday on signs of stable demand for microchips, indicating that a prolonged slowdown in the semiconductor
A Chinese health worker checks the temperature of a woman entering a subway station during the Chinese New Year and Spring Festival on January 25, 2020 in Beijing, China. Kevin Frayer | Getty Images More than 2,700 people in China are now said to have been infected by the fast-spreading coronavirus while more countries have
If you were hoping to keep your bitcoin stash under wraps from the IRS, think again. As the 2019 tax season kicks off on Jan. 27, the taxman is expecting you to disclose whether you had any cryptocurrency transactions last year. The IRS asks the following question on the first page of Schedule 1 of
An Airbus narrow body plane Nicolas Economou | NurPhoto | Getty Images European planemaker Airbus is working with Nasdaq to develop a derivatives-based trading platform that will allow airlines to protect against swings in ticket prices. Just like airline companies use oil futures to hedge against the volatility in fuel costs, they will soon be able
Sean Connery, as James Bond. Bettmann | Getty Images There is now significant and potentially irreversible inequality in the world of media. If you’re looking for an equalizing force, don’t bet on it happening in 2020. Two major shifts in the past year have made scale — the concept of being as big as possible
An American Airlines Boeing 777-200 aircraft Nicolas Economou | NurPhoto | Getty Images American Airlines fourth-quarter earnings and revenue came in slightly above analyst estimates, despite complications from the grounding of the Boeing 737 Max. The Fort Worth,Texas-based carrier on Thursday posted net income of $414 million for the last three months of 2019, up
The 2020 Volvo V60 CC Mack Hogan | CNBC Volvo’s always been known in the U.S. for its safe, boxy wagons. Even though SUVs have long accounted for most of the brand’s sales, the Volvo wagon is iconic. For good reason, too. If you want a comfortable, luxury wagon for the whole family, Volvo’s the
The FT’s Stefania Palma explains the corruption and money-laundering inquiry at the state development and investment fund in which charges have been filed against two former Goldman Sachs bankers, local financier Jho Low and ex-1MDB employee Jasmine Loo Ai Swan ► Subscribe to FT.com here: http://bit.ly/2GakujT ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
Oil paint is simple. At its most basic, it’s just a mixture of oil and pigment. But depending on the color and quality, a liter of this paint could cost you $285 to $1,100. While the rise of oil paint is associated with the Renaissance, paintings using poppy-seed oil have been dated as far back
This former local bank branch in Spring City, Penn. was converted into a private home, replete with the two vaults now used as a full bar and a sauna.
In this clip from 1999, Jack Ma delivers a speech to 17 friends in his apartment to introduce Alibaba and lay out his plan to compete with U.S. internet titans. For more, check out “Crocodile in the Yangtze: The Alibaba Story,” premiering on Bloomberg Television Monday Sept. 8 at 9pm EDT. — Subscribe to Bloomberg
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