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☆ Tropical Storm Ernesto nears hurricane strength as it skirts Puerto Rico, bringing concerns of floods and power outages
▼ + stars: | 2024-08-14 | by ( Elizabeth Wolfe | Robert Shackelford | ) edition.cnn.com time to read: +5 min

Its center was about 40 miles north of San Juan early Wednesday after passing over the Virgin Islands on Tuesday. Hurricane watches and tropical storm warnings are in effect for the Virgin Islands and the small Puerto Rican islands of Vieques and Culebra. And he entire island of Puerto Rico is also under a tropical storm warning. Tourists sit on La Pared beach as Tropical Storm Ernesto whips up surf near Luquillo, Puerto Rico, on Tuesday. “The people of Puerto Rico and the US Virgin Islands are no strangers to storms,” Rothenburg said.

Persons: Ernesto, Puerto Rico –, Thomas, John, Pedro Pierluisi, Hurricane Maria, Alejandro Granadillo, Juan Saca, Saca, Jaclyn Rothenberg, ” Rothenburg, “, ” Rothenberg, Mary Gilbert, CNN’s Ella Nilsen Organizations: CNN, Atlantic, National Hurricane Center, San Juan, Virgin, Puerto Rico, Virgin Islands, US, National Weather Service, Puerto Rico Gov, National Guard, Puerto Ricans, AP LUMA Energy, Federal Emergency Management Agency Locations: Puerto Rico, San, Puerto, Caribbean, Puerto Rican, Vieques, Culebra, St . Croix, St, Luquillo , Puerto Rico, Virgin, Bermuda, It’s, Hispaniola, Bahamas, US East Coast

☆ Monaco is 1 of 6 locations hosting the star-studded E1 — a race thought ‘impossible’ before it began
▼ + stars: | 2024-08-14 | by ( Marylou Costa | ) www.cnbc.com time to read: +6 min

During the Monaco race on July 28, Bernard d'Alessandri, general secretary and managing director of Yacht Club de Monaco, said E1 showcases new technology for boat racing. "Before E1, it was impossible to have a race with electric boats," he said. Acceptance of electric boating among the eliteRacebird creator Sophi Horne said getting the attention of Monaco's boating elite wasn't easy. Team owners Didier Drogba and Tom Brady speak with Alejandro Agag, co-founder and chairman of the E1 Series, ahead of the E1 race in Venice, Italy — the second of the series. The final two E1 races are scheduled to occur in Lake Como, Italy and Hong Kong.

Persons: Shiv, Bernard d'Alessandri, Akin, Racebird, Rodi Basso, Team Rafa, Rafael Nadal, Basso, Prince Albert II of Monaco, Sophi Horne, Cara Delevingne, Lloyd, Horne, they've, …, Will Smith, Marc Anthony, Tom Brady, Didier Drogba, Virat Kohli, Sergio Perez, Steve Aoki, Marcelo Claure —, Alejandro Agag, Italy —, Daniele Venturelli, Brady, Drogba, Nadal, Carlos Duarte, Racebirds Organizations: Port, Media Monaco, Monaco, Yacht Club de Monaco, Formula, Team, NFL, Getty Locations: Monaco, Saudi Arabia, Racebirds, Venice, Italy, Mallorca, Lake Como, Hong Kong

☆ Cairns, Australia: Helicopter pilot in fatal DoubleTree hotel crash was ground crew who’d attended a party the night before
▼ + stars: | 2024-08-13 | by ( Hilary Whiteman | Jessie Yeung | ) edition.cnn.com time to read: +3 min

Police tape near the DoubleTree by Hilton hotel after a helicopter crashed into its roof, in Cairns, on August 12, 2024. It disappeared from her sight for a few minutes, and she started walking home before spotting the helicopter flying back. She said the helicopter had passed over trees and another taller building before hitting the roof of the hotel. In a statement to CNN, DoubleTree by Hilton Cairns said all of its guests – 421 adults and 50 children, plus two staff – were safely evacuated. The bureau asked witnesses with any photos or videos of the helicopter to contact authorities through its website.

Persons: Veronica Knight, Shane Holmes, Angus Mitchell, “, ”, Knight, Hilton Cairns, – Organizations: Australia CNN, Nautilus Aviation, Hilton Hotel, Flames, Police, Hilton, Queensland Police, Australian Transport Safety Bureau, Cairns Airport, ”, CNN, DoubleTree Locations: Brisbane, Australia, Cairns , Australia, Cairns, Queensland, Sydney

☆ Fact check: Trump made at least 20 false claims in his conversation with Elon Musk
▼ + stars: | 2024-08-13 | by ( Daniel Dale | ) edition.cnn.com time to read: +34 min

Here is a fact check:CrimeTrump claimed, “Our crime rate’s going through the roof.”Facts First: Trump’s claim is false. Facts First: Trump did express uncertainty about the number, but his “like 60 million or something” claim is false. They take ‘em out, and they bring them to the United States.”Facts First: Trump’s claim is baseless. He said, “With Ukraine, so we’re in for $250 billion and they’re in for about $71 billion.”Facts First: Trump’s claim is false. But Trump’s claim that the US has committed or provided far more aid than Europe is not true regardless.

Persons: Donald Trump, –, Elon Musk, Kamala Harris, Trump, Jeff Asher, ” Anna Harvey, “, we’ve, ”, Biden, Gary Griggs, Griggs, Harris, Harris “, ” Trump, wasn’t, Alejandro Mayorkas, Breitbart, ” Roberto Briceño, Venezuela’s, León, Joe Biden, ” Michelle Mittelstadt, can’t, Steven Cheung, Congo ’ Trump, Patrick Muyaya Katembwe, ” Serge Mombouli, Barack Obama’s, Obama, Obama’s, We’ll, Ukraine Trump, Europe Trump, Trump’s, Mike Pompeo, ” Pompeo, China, you’re, ‘, Iran haven’t, ” Matt Smith, Biden’s, Smith, Ali Vaez, Ronald Reagan’s, Barack Obama, George W, they’d, Scott Gottlieb, ” Gottlieb, General Merrick Garland, Musk, Alvin Bragg’s, Matthew Colangelo, Colangelo, Bragg, CNN’s Tami Luhby, William Montes Organizations: Washington CNN, Republican, Democratic, Public, New York University, CNN, Major Cities Chiefs Association, Biden, Global, Trump, NASA, Meteorological Organization, University of California, Oceanic, Fox News, The New York, White, Homeland, Central, “, Border, Venezuelan, of, Patrol, Republicans, Migration, Institute, Breitbart, Congo, PAC, Central America Trump, Obama, Customs Enforcement, Policy Institute, ICE, El Salvador, Electoral, Ukraine, Kiel Institute, European Union, European Automobile Manufacturers ’ Association, State, Americas, Crisis, Federal, Defense Department, Food and Drug Administration, FDA, Justice Department, New Locations: Trump’s, Santa Cruz, Gulf of Mexico, Florida, Mar, El Salvador, Guatemala, Honduras, United States, Mexico, Venezuela, “ Venezuela, Congo, Democratic Republic of Congo, Republic of Congo, Africa, Republic of, Washington, Europe, Ukraine, Germany, Kiel, ”, EU, Iran, Lebanon, Israel, China, that’s, Kpler, Malaysia, Afghanistan, Asia, Fulton County , Georgia, Manhattan, New York

☆ Airbnb's struggles go beyond people spending less. They're losing some travelers to hotels.
▼ + stars: | 2024-08-13 | by ( Dan Latu | ) www.businessinsider.com time to read: +7 min

But Brown told Business Insider that more recent disappointing experiences with short-term rentals have led to a change of heart. This story is available exclusively to Business Insider subscribers. It's a far cry from the record-setting demand Airbnb saw immediately following COVID-19 lockdowns, when travelers craved private homes and acres of outdoor space. Hotels are winning over travelers in some areasDemand for Airbnbs is stalling or slipping in some categories where hotels are competitive, according to AirDNA. "I'm going to go check hotels and see if this is actually the best value," he told Business Insider.

Persons: —, Duane Brown, Brown, there's, Airbnb, AirDNA, Brian Chesky, Chesky, Jamie Lane, Lane, Adam Burgh, Burgh, might've Organizations: Service, Business, Daytona, Seattle, Marriott Locations: London, Toronto, Budapest, Florida, Sarasota, Rio de Janeiro, South America, Airbnbs, Whidbey, Seattle

☆ Airbnb's ongoing battle with hotels for travelers has taken a noticeable turn
▼ + stars: | 2024-08-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In today's big story, Airbnb said its struggles are tied to consumers spending less, but it's also because they're opting for hotels instead . The big storyPlenty of vacancyiStock; Rebecca Zisser/BIAirbnb took a noticeable step back in its ongoing battle with hotels. But Airbnb's struggles are also a product of travelers opting for hotels instead , writes Business Insider's Dan Latu. The death of the so-called millennial lifestyle subsidy — for which Airbnb was a key player — resulted in consumers rethinking things.

Persons: —, Airbnb, it's, let's, Rebecca Zisser, Execs, Airbnb's, Dan Latu, haven't, Jenny Chang, Rodriguez, Bloomberg it's, BI Bank of America isn't, Nicolás Ortega, Nate Silver, Chelsea Jia Feng, Alexander, Tal, Oren Alexander, Musk, Trump, Elon Musk's, Donald Trump, Ron DeSantis, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock Organizations: Service, Apple, Business, Bloomberg, Getty, BI Bank of America, Viking, Israel, BI, Apple Intelligence, Trump, X, Florida Gov, Google Locations: Iran, New York, London

☆ TikTok's algorithm is helping travelers discover the next hot vacation spot and lean into trends like 'destination dupes'
▼ + stars: | 2024-08-13 | by ( Pete Syme | ) www.businessinsider.com time to read: +1 min

More TikTok users are using the app to find their next vacation, the company's travel lead told BI. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTikTok is helping travelers find new places for a vacation as users increasingly use the app for search rather than just scrolling for entertainment. "People are now really leaning into TikTok to search for the next destination, where to travel, and who to fly with," she told Business Insider.

Persons: —, Hannah Bennett Organizations: Companies, Service, Business Locations: Bruges, Paris

☆ Brazil plane crash: Prior icing accident looms over investigation
▼ + stars: | 2024-08-13 | by ( Pete Muntean | ) edition.cnn.com time to read: +3 min

Numerous videos posted on social media show the turboprop ATR 72 in an apparent flat spin as it spiraled toward the ground with no visible forward movement. “As we progress through the investigation, things will start to solidify.”A crash in 1994The French-Italian ATR 72 has “checkered record” Goelz said. The ATR 72 utilizes deicing “boots,” designed to expand and physically break apart ice that accumulates on wings. “A jet likely would not have been at that altitude.”Following reports of Friday’s crash, ATR said it was aware of an accident and is working to support investigators. “Aviation safety doesn’t lend itself to quick answers.”

Persons: Friday’s, ”, Peter Goelz, Bruce Landsberg, Goelz, “, Landsberg Organizations: CNN, National Transportation, Federal Aviation Administration, NTSB, Eagle, “, “ Aviation Locations: Brazil, Cascavel, Brazil’s, Paraguay, São Paulo, FlightAware, Vinhedo, “, Roselawn , Indiana, United States, France

Introduction to the Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Plus Credit Card is perfect for infrequent Southwest travelers who want some benefits with this airline without paying a high annual fee. Southwest Rapid Rewards® Plus Credit Card BenefitsThe Southwest Rapid Rewards® Plus Credit Card doesn't come with some of the other benefits offered by other Southwest cards, such as elite-qualifying points or travel credits. Southwest Rapid Rewards Plus Credit Card Annual Fee and Other CostsThe Southwest Rapid Rewards® Plus Credit Card, in addition to charging a $69 annual fee, also charges foreign transaction fees of 3% of the amount of each transaction in U.S. dollars. Southwest Rapid Rewards® Priority Credit Card vs. Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Priority Credit Card is Southwest's top-tier consumer credit card, and the one you should consider if you frequently fly Southwest. Southwest Rapid Rewards Plus Credit Card Frequently Asked QuestionsWhat are the main benefits of the Southwest Rapid Rewards® Plus Credit Card?

Persons: cardholders, HBO Max, they'll, you'll, Chase, Cardholders, You'll, Jasmin Baron, Read, Angela Fung Organizations: Business, Rewards, Card, Southwest, Rapid, Southwest ®, FDIC, Apple, Disney, ESPN, HBO, Hulu, Netflix, Pandora, Paramount, Showtime, Spotify, YouTube, Central America, U.S, Premier, Chase Southwest Rapid, Chase, Sapphire, Southwest Rapid, Southwest Airlines, Chase Bank, Finance Locations: Southwest, Hawaii, Caribbean, Mexico, Central America, U.S, Central, Southwest airfare, Chase, Canada

☆ The Filipinos Living in the Shadow of China’s Military Might
▼ + stars: | 2024-08-12 | by ( Camille Elemia | Jes Aznar | ) www.nytimes.com time to read: +1 min

For travelers flying into the tiny island of Thitu, the reality of China’s territorial ambition becomes instantly clear. There they are: dozens of Chinese ships surrounding a speck of land that a few hundred Filipinos call home. Small wooden fishing boats line a white sand beach on the eastern shore. On a neighboring reef, it has constructed a military base whose lights shimmer at night like a city. So it is upgrading its crumbling military facilities that lie on the island’s southern end.

Locations: Thitu, China, Philippines

Record numbers of travelers have been flooding airports since the pandemic, but U.S. airlines now face a surplus of empty seats after racing to add capacity. “Deals are easier to find this summer since prices are already so low,” said Hayley Berg, lead economist at the travel booking site Hopper. For clients with a little flexibility in their travel dates, I’ve been able to get very low airfare for last-minute trips. Ashley D’Aristotile, owner of Flyaway TravelThe discounts expand the map for late-season travelers and coincide with a broader value push this summer. Domestically, the Southeast is seeing some of the best bargains, according to Priceline, with both Miami and Nashville making its “most affordable” list for August.

Persons: ”, Hayley Berg, Hopper, I’ve, Ashley D’Aristotile, Debra Banton, Rachel, Banton, she’s, Kimberly Hilliard, haven’t, Jesse Neugarten, Lousson Smith Organizations: Flyaway, Dollar, Miami, Nashville Locations: U.S, Chicago, Baltimore, New York, Nashville, Priceline, McDonald’s, Charleston , South Carolina, Europe, Greece, Athens, Annapolis , Maryland, Orlando , Florida, Boston, Dublin, Paris

☆ Cairns, Australia: Helicopter crashes onto roof of DoubleTree Hilton Hotel, killing pilot
▼ + stars: | 2024-08-11 | by ( Hilary Whiteman | Jessie Yeung | ) edition.cnn.com time to read: +3 min

Brisbane, Australia CNN —A helicopter crashed onto the roof of a seaside hotel in Cairns, Australia, in the early hours of Monday, killing the pilot, authorities said, as video showed flames and smoke billowing into the night sky. Police tape around an area in Cairns, Australia, after a helicopter crash on August 12, 2024. As she pulled out her phone to film it, the helicopter veered and headed straight towards the nearby well-lit buildings. Witness Veronica Knight heard two explosions when the helicopter hit the hotel – the first on impact followed by a smaller explosion a short time later. Knight said the helicopter had passed over trees and another taller building before hitting the roof of the seven-story hotel.

Persons: Australia CNN —, Veronica Knight, Knight, “, ”, –, Hilton Cairns Organizations: Australia CNN, Hilton Hotel, Police, Nautilus Aviation, CNN, . Police, DoubleTree, Australian Transport Safety Bureau Locations: Brisbane, Australia, Cairns , Australia, Cairns Esplanade, Queensland, Cairns, Sydney

☆ Debby's floodwaters trigger emergency and disaster declarations in New York, New Jersey and Pennsylvania
▼ + stars: | 2024-08-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +6 min

Debby's influence remained strong on Friday, when the National Weather Service warned that rainfall could reach 15 to 25 inches in the Northeast and New England. Major flooding hit Tioga County, Pennsylvania, and neighboring Steuben County, New York. Binghamton, New York, measured 1.94 inches of rain and Avoca, Pennsylvania, saw 1.43 inches, according to the service. More than 362,000 utility customers in Ohio, New York, Pennsylvania, New Jersey and Vermont were without power early Friday evening, according to utility tracker PowerOutage.us. Authorities in Berkeley County, South Carolina, said early Friday that 2 to 3 feet of fast-moving water was rushing through streets of Moncks Corner, north of Charleston, prompting multiple rescues.

Persons: Debby, Kathy Hochul, Josh Shapiro, Hochul, Way, Marc Rice, Shane Nickerson, John F, Roy Cooper Organizations: National Weather Service, . New York Gov, Tahesha, Pennsylvania, Hershey, LaGuardia Airport, John, Kennedy International, Amtrak, Penn, York Yankees, Texas Rangers, Station, Washington , D.C, Richmond Staples, Gov, Emergency Management Locations: New England, East, Carolinas, Vermont, Canada, Northeast, South Carolina, New Jersey, Tioga County , Pennsylvania, Steuben County , New York, Tioga County, Steuben, Addison, Jasper, Steuben County, Johnson City , New York, Pennsylvania, Syracuse , New York, Binghamton , New York, Avoca , Pennsylvania, Ohio , New York , Pennsylvania, United States, New York, New, Stamford , Connecticut, Friday's, Washington ,, Richmond, Virginia, Berkeley County , South Carolina, Charleston, , South Carolina, Great, Mississippi, Minnesota

☆ An American Airlines passenger on an oversold flight stayed in Italy for an extra 3 nights to collect $3,550 in travel vouchers
▼ + stars: | 2024-08-10 | by ( Monica Humphries | ) www.businessinsider.com time to read: +5 min

Berry's $10,000 goal was cut short, but she did extend her trip three extra days and has $3,550 in flight vouchers. Plus, another $1,200 in flight vouchers would allow her to photograph in new destinations. Her free hotel stays, meals, and flight vouchers ended on August 7, three nights after her first bumped flight. BI verified that Berry earned $3,550 in flight vouchers, with one voucher worth $1,150 instead of $1,200. Susan Berry has spent her days photographing while in Naples, Italy, bumped on an overbooked flight.

Persons: —, Susan Berry didn't, Berry, didn't, she'd, Susan Berry, Susan Berry Berry, Berry isn't Organizations: Service, American Airlines, Business Locations: Italy, Naples, Philadelphia, Rio de Janeiro, Seychelles

☆ In New Zealand, Māori are using Indigenous knowledge to combat climate change
▼ + stars: | 2024-08-10 | by ( Alaa Elassar | ) edition.cnn.com time to read: +18 min

It’s that “interconnectedness” that makes Māori ideal stewards of Aotearoa New Zealand, Parkin-Rae says. Whenua (Land)The work at Oaro River is part of a reforestation and predator control project led by Te Rūnanga o Kaikōura, a Māori tribal council in Kaikōura. Thomas Kahu, left, and Wiremu Stone are both descendants of Paikea the whale rider and work for Whale Watch Kaikōura. A Whale Watch Kaikōura boat full of tourists viewing sperm whales off the coast of South Island, New Zealand. Alaa Elassar/CNN“Incorporating te ao Māori (the Māori world) into our work is valuable to all of Aotearoa.

Persons: , New Zealand CNN — Justin Parkin, Rae, Te Waipounamu, Tamati, ” Wikiriwhi, Parkin, Justin Parkin, Alaa Elassar, Ngāti, Ngāi Tahu, “, ”, –, Te, Rawiri, kawau, toto, ā roto, it’s, ” Parkin, Thomas Kahu, Kahu, Tim Clayton, Corbis, ” Kahu, Māori, Wiremu Stone, Takoko, ” Takoko, ” Rangi, Daniel Gaussen, Aoraki Mackenzie, Sanka, ” Gaussen, CNN Mikey Ratahi, ” Ratahi, Gaussen, ” Kaitiaki, Kaikōura, Elassar, tangata whenua, don’t, it’ll Organizations: , New Zealand CNN, New Zealand, CNN, CNN Aotearoa New Zealand’s Ministry, Environment, Aotearoa New Zealand, Rawiri Manawatu, Manawatu, Aotearoa New, Whale Watch, Aotearoa New Zealand’s Department of Conservation, CNN Whale Watch, Conservation International Aotearoa, Pacific Whale Fund, Ocean Initiative, Aoraki, Sky Reserve, Southern, Sky Resource, University of Canterbury, Ministry Locations: , New Zealand, New, Māori, Aotearoa, Alaa, CNN Aotearoa, Ngāi, Aotearoa New, Oaro, Te Rūnanga, Kaikōura, Rūnanga, ” Moana, Aotearoa New Zealand, South Island , New Zealand, wonderment, Mackenzie, Lake Takapō, Mana, Wai, Zealanders, “

☆ US to South Korea: TikTok star undergoes 15 beauty treatments in just 3 days
▼ + stars: | 2024-08-10 | by ( Steffi Cao | ) edition.cnn.com time to read: +12 min

“Getting a plane ticket to Korea to get Botox and filler done is honestly cheaper than getting it done here.”Lee undergoes a beauty treatment in South Korea. Courtesy _Lee @taxinoodle_A screenshot from Lee's TikTok video where she explains the 15 beauty treatments she had done in Seoul. Visitors and vendors discuss beauty products at the K-Beauty Expo, the largest beauty exhibition in South Korea, on October 12, 2023 in Goyang, South Korea. Courtesy _Lee @taxinoodle_Lee receives a consultation — and the requisite "before" shots to compare with post-treatment ones — at a clinic in South Korea. Courtesy _Lee @taxinoodle_Lee always gets her hair dyed ($125) in South Korea because she prefers the pricing and service.

Persons: Yerim Lee, Lee, It’s, ”, ” Lee, “ It’s, Chris Jung, Don’t, —, “, Botox, Jennie, Kim, there’s, @taxinoodle_ Yerim Lee, @taxinoodle_ Lee, TikTok, ‘ Organizations: CNN, . Visitors, Getty Images, South Korean Ministry of Health, Welfare Locations: Seoul, South Korea, New York City, Korea, _Lee, Goyang, Seoul’s Gangnam

☆ We went to the Amalfi Coast during peak summer season. These 4 tips made our trip better — but there's one mistake I won't make again.
▼ + stars: | 2024-08-10 | by ( Alesandra Dubin | ) www.businessinsider.com time to read: +5 min

AdvertisementRegularly taking our food to go saved us moneyWe stopped for photos while walking around the Amalfi Coast. Packing fashionably but practically was keyComfortable shoes are helpful when walking around the Amalfi Coast. Alesandra DubinThe Amalfi Coast is like a fashion show in high season — a feast for the eyes of chic coastal Italian style. Still, I wish we hadn't overbooked and tried to do too muchWe tried to see a lot of the Amalfi Coast in just a few days. Alesandra DubinOur Airbnb in Sorrento was our hub from which we'd visit the Amalfi Coast and surrounding area on day trips.

Persons: —, it's, I'd, Alesandra Dubin, overbooked Organizations: Service, —, Business Locations: Southern Italy, Amalfi, Amalfi Coast, Sorrento, Capri

☆ Europe was on the brink of a night train revolution. Here’s what actually happened
▼ + stars: | 2024-08-09 | by ( Ben Jones | ) edition.cnn.com time to read: +11 min

Prior to the company’s demise, it had looked like Europe was poised for something of a night train revolution. Despite this demand, the hurdles for startups like Midnight Train trying to enter the market to meet it remain virtually insurmountable. Formidable obstaclesEuropean Sleeper is one of the few new night train operators to begin services, but the company has struggled to find rolling stock. “Politicians must be clear: the night train market will be effectively closed for a very long time,” he says. With the honorable exception of Nightjet, which plans to expand rapidly over the next five years, European night train services have yet to match the hype.

Persons: Adrien Aumont, Eva Plevier, Alex Halada, –, ÖBB, Nick Brooks, ”, “, Bart Biesemans, ” Brooks, Mark Smith, Robert Nemeti Organizations: CNN, Trains, Midnight Trains, Regiojet, Compagnie Internationale des, Orient Express, Getty, Austrian Federal Railways, Reuters, Barcelona, European Union, Swiss Federal Railways, Deutsche Bahn, Italian State Railways, Formidable, EU Locations: Europe, Stockholm, Denmark, Germany, Czech, Czechia, Slovakia, Ukraine, Prague, Croatia’s, Brussels, Amsterdam, Berlin, –, France, Barcelona, AFP, Spanish, Paris, Milan, Venice, Florence, Rome, Hamburg, Copenhagen, Madrid, Porto, Edinburgh, Anadolu, Vienna, Austria, Italy, Hungary, Poland, Belgium, Netherlands, Sweden, Sicily, Messina, Europe’s

☆ Customers didn’t stop spending. Companies stopped serving
▼ + stars: | 2024-08-09 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

It’s called a sector rotation, and it happens all the time as part of the natural course of a business cycle. The US economy is still pretty strong, growing at an annualized rate close to 3% in the most recent quarter. But it’s not as if Americans have stopped going to restaurants — they’re just being a bit more discerning when they do. Instead, they’re going to Texas Roadhouse, where they can sit down and have some service with their meal. Or they’re swinging through Chipotle, which saw sales shoot up 11% last quarter at stores open at least a year.

Persons: CNN Business ’, they’ve, that’s, it’s, they’re, ”, Mark Hoplamazian, Marriott’s, Disney, Hugh Johnston, — they’ve, Pete Werner, wouldn’t Organizations: CNN Business, New York CNN, Wall, Texas, Disney, CNN, Bloomberg Locations: New York, —, Texas

☆ Everyone from Starbucks to Chinese giants wants in on the boba tea craze. Meet the family who says they started it all.
▼ + stars: | 2024-08-08 | by ( Huileng Tan | ) www.businessinsider.com time to read: +11 min

Chun Shui Tang founder Liu Han-chieh and managing director Angela Liu at one of their company's teahouses in Taichung. Chun Shui Tang's executives appear unperturbed by the many shapes and forms boba tea takes these days — Heinz ketchup boba tea, anyone? AdvertisementIn 2008, Chun Shui Tang introduced a boba tea hot pot with a savory tea-infused broth. Huileng Tan/Business InsiderChun Shui Tang OG shop in Taichung is a tourist hotspotToday, Liu's OG Chun Shui Tang teahouse in Taichung is on many tourists' checklists. Chun Shui Tang founder Liu said he isn't worried about the competition, because the market is big enough for everyone.

Persons: —, Chui, Chui Shui Tang, Chun Shui Tang, Liu Han, Liu, It's, Lin Hsiu, Chun, Huileng Tan, Lin, Angela —, doesn't, he's, Tang, He's, boba, Tu, Liu's, Angela, Chun Shui, Angela Liu, Heinz, they've, Liu wasn't, Mark Anthony Villones, Villones, Filippino Mark Anthony Villones, Kayne Sy, China Chun Shui Tang, Jason Yu, Kantar, Aly Song, Yu, it's Organizations: Service, Business, Chun Shui, Starbucks, Purdue University, Chun Shui Tang, Liu's, BI Locations: Chui Shui, Taiwan, Taichung, Japan, Tainan, China, Huileng, —, Philippines, Central China, Hong Kong

India's biggest budget airline IndiGo has been trialing a booking feature that will allow women to avoid booking a seat next to men on flights. The feature, the first of its kind for an airline, works by showing female travelers a pink seat at the seat selection page if it will be occupied by a female passenger, a company representative told CNBC Travel. Travelers on IndiGo must identify their genders when they purchase tickets, which allows the airline to control access to these details, according to Indigo. However, IndiGo's website and mobile app did not show the feature when CNBC did a check. The new feature has received "positive individual reactions" on social media, IndiGo's CEO told CNBC's "Street Signs Asia" last week.

Persons: CNBC's, Pieter Elbers Organizations: IndiGo, CNBC Travel, CNBC

☆ Disney may have a parks problem
▼ + stars: | 2024-08-07 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +3 min

New York CNN —Disney Parks are the latest business to face slowing consumer demand in the face of higher prices. Disney’s parks business underperformed expectations and profit fell somewhat last quarter. It’s not just Disney that’s seeing a pullback — Bank of America Institute reported credit card transactions on travel ticked down in June. Disney’s domestic parks and international parks and cruises, though, are seeing different results: Disney’s international parks had increases in attendance and more rooms booked. The company noted that attendance at the parks was comparable to this time last year and spending per guest was up.

Persons: It’s, Hugh Johnston, ” Johnston, “, Marriott, “ We’ve Organizations: New, New York CNN, Disney Parks, Disney, of America Institute, Netflix, Hulu, ESPN, CNBC Wednesday Locations: New York

☆ They moved from the US to Italy to save their marriage. Here’s how that worked out
▼ + stars: | 2024-08-06 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +8 min

Christina Sobolev, pictured, and her husband Pete bought and renovated a home in Santa Domenica Talao, Italy back in 2009. Chris Sobolev“A little over 15 years ago, Pete and I made the decision to purchase a property in Italy,” Christina Sobolev tells CNN. They then moved to Santa Domenica Talao, a village they’d first visited in 2009, and spent three to four years renovating the two-bedroom home. “Santa Domenica was initially a town with many abandoned houses falling into disrepair. “Once we had Santa Domenica Talao up and rolling, real estate agents in the area contacted us and wanted to work with us.

Persons: Christina, Pete Sobolev, who’ve, Pete, they're, Sobolev, Christina Sobolev, “, Santa Domenica, ”, Chris Sobolev, they’ve, Domenica, Casa, They’ve, ‘, what’s Organizations: CNN, Vita, Super, European Union Locations: San Jose , California, Santa Domenica, Scalea, Calabria, Italian, Italy, California, Santa, ”, Puglia, Tuscany, Latvian, Latvia, Aieta

☆ How ‘special forces travelers’ are making – and then breaking – Chinese tourism destinations
▼ + stars: | 2024-08-06 | by ( Chris Lau | Hassan Tayir | ) edition.cnn.com time to read: +6 min

The previously nondescript city in the eastern Chinese province of Shandong became one of China’s hottest spots for domestic tourism last year thanks to its affordable and juicy skewered meat. They’re known as “special forces travelers” because, like soldiers, they move from one checkpoint to another under incredibly tight schedules, often over weekends or short holidays. For the first half of this year, 29.22 million foreign nationals entered and exited, according to the latest figures. But the flash-mob-style approach of “special forces travelers” – switching from one community to the next – has called into question whether that type of domestic tourism is sustainable in the long term. Pan Wenbo, also from Beijing, said his favorite spots included Xi’an, home of the Terracotta Warriors, and Datong, a northern Chinese city known for ancient Buddhist architecture - both offering more affordable accommodation and food.

Persons: ” Zibo, Cici Li Yuetong, “, ”, Li, ” Li, Pan Wenbo, Jiumei, Yang ”, Yang, Mimi Li Organizations: Hong Kong CNN, National Immigration Administration, University, Cici, Warriors, China News Service, CNN, Labor, Hong Kong Polytechnic University Locations: Hong Kong, Zibo, Shandong, Beijing, China, Datong, Gansu, Tianshui City, Gansu Province, Weibo, Hong

☆ Everything you wanted to know about the market meltdown but were too afraid to ask
▼ + stars: | 2024-08-06 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

In today's big story, we're giving a full breakdown of what has been a wild few days for the market . Tech: Big Tech is going through a bit of a mid-life crisis . Big Tech is going through a bit of a . There are a few factors at play here:Big Tech, the backbone of the market, had weaker-than-expected earnings last week. The decision could seriously hurt Google's revenue and may signal more antitrust enforcement to come for other Big Tech companies .

Persons: —, Airbnb, Rebecca Zisser, We're, what's, Warren Buffett's, Berkshire Hathaway, I'm, Claudia Sahm, M, Getty, Jenny Chang, Rodriguez, Jensen Huang, Citadel's Ken Griffin, Griffin, it's, Natalie Ammari, That's, Elon, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Annie Smith, Amanda Yen Organizations: Service, Business, Tech, Big Tech, Nasdaq, Federal Reserve, Apple, Oracle, Fed, Nvidia, Bank of America, Google Locations: Japan, Berkshire, Omaha, Asia, bitcoin, Florida, New York, London

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