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Unlike Taiwan’s ubiquitous bubble tea, mixiang tea is still highly limited and largely off-the-radar. Mixiang tea goes globalNatalie Chiu and Charlie Winkworth-Smith, food scientists and founders of sparkling tea brand Saicho. The farmers couldn’t afford to lose their entire harvest, so they decided to go ahead and roast the bug-bitten tea leaves anyway. Lee says his Gui Fei tea is so popular it often sells out before it can even hit the retail market. Their two sons have joined the family business in recent years and help promote Gui Fei tea whenever they can.
Persons: Lee Ming, cheng, Gui Fei Oolong, Dong Ding Oolong, Oolong, Tea, Natalie Chiu, Charlie Winkworth, Smith, Saicho —, , Junjie Lin, , Lin, Winkworth, Chiu, they’re, Clint Liang, Liang, Dong Ding, “ Gui Fei, Gui Fei, Lee, Chiang, Kuo Huan, don’t, Kuo, Maggie Hiufu Wong, Lee Te Organizations: CNN, Saicho, Harrods, Michelin, Tokyo Chuo, Growers Locations: Nantou, British, Hong Kong, Taiwan, United Kingdom, London, Taipei, Fujian, Lugu, Tokyo, Hsinchu, it’s, Nantou County, Songshan District, Hualien
CNN —Australia has warned travelers against drinking spirits made by a Laos distiller, following the deaths of six foreign tourists from suspected methanol poisoning in the Southeast Asian country. “Lao authorities have issued an order prohibiting the sale and consumption of Tiger Vodka and Tiger Whisky due to their concerns about these products being a health risk,” the Australian advisory said. One, who asked not to be named, told CNN they had conducted an independent survey of travelers who also fell ill or were hospitalized after suspected methanol poisoning. Laos Tiger Vodka and Tiger Whisky are a brand of locally produced spirits that are cheap to buy and often used in mixed drinks and cocktails. If not treated, fatality rates are reported to be 20% to 40%, depending on the concentration of the methanol and the amount ingested, according to medical charity Doctors Without Borders, which tracks cases of methanol poisoning globally.
Persons: Bianca Jones, Holly Bowles, Anne, Sofie Orkild Coyman, Frela Vennervald Sorensen, James Louis Hutson, Simone White, Vang Vieng, Backpacker Organizations: CNN, Facebook, Laotian Times, Associated Press, AP Locations: Australia, Laos, Laos ’, Vang, Vang Vieng, British, Melbourne
In today's newsletter, we're looking at how Nvidia expanded nearly 20-fold in just over 20 years . The big storyNvidia's meteoric riseNvidia's workforce has increased more than 20-fold in the last twenty years. The data behind the evolution of Nvidia's workforce tells the story, BI's Emma Cosgrove writes. Nvidia's workforce has grown nearly 20-fold since 2003. In 2019, Microsoft's median employee salary was nearly $20,000 higher than a Nvidia worker.
Persons: Hallam Bullock, London ., Anna Kim, Getty, Tyler Le, BI's Emma Cosgrove, Andy Kiersz, it's, Emma, Ella Hopkins, Milan Sehmbi Organizations: Business, Nvidia, Citi, Tech, Google, Microsoft, Apple Locations: London, Silicon Valley
AdvertisementElon Musk praised Apple's new hearing aid feature for AirPods. The FDA approved the feature as the first over-the-counter hearing aid software. Elon Musk, who has previously criticized Apple, appears to have been won over by one new feature. It shows a hard-of-hearing father using the feature on the Apple AirPods Pro 2 to hear his daughter opening Christmas presents. "Don't want it," Musk wrote in a June response to a Tim Cook post promoting Apple Intelligence on X.
Persons: Elon Musk, Musk, Apple, Tim Cook, Tesla's, Apple's Organizations: FDA, Apple, ChatGPT, Apple AirPods, OpenAI, Apple Intelligence, AirPods
The holiday season is a time to give thanks, reflect on the past year, and spend time with family and friends. However, if you're not careful, it can also be a time you overspend on holiday purchases. About 83% of Americans plan to buy gifts for friends and family this holiday season, according to a NerdWallet poll. Meanwhile, 28% of people are still paying off credit card debt from the 2023 holiday season, NerdWallet found. They are "wired" to be consumers, said Brad Klontz, a psychologist, certified financial planner and behavioral finance expert.
Persons: NerdWallet, Brad Klontz, hasn't, Klontz, Andrea Woroch Organizations: CNBC's, CNBC, Financial Wellness, Board, Finance
The US has indicated a need to harden air bases and disperse its forces to defend against a Chinese missile strike. AdvertisementLast fall, the US Department of Defense released its annual report on China's military growth and developments. China's DF-26 "carrier killer" missile takes flight in unprecedented test footage. AdvertisementNaval power is a cornerstone of American military might, but the DF-26 threatens that, among various other targets. Related storiesThat said, growing missile stockpiles and increases in the number of launchers give the Chinese military greater flexibility, offering more options in a conflict.
Persons: China's, China, Chris Biggers, Janes, Xu Suhui, J, Michael Dahm, Dahm, Tom Shugart, who's, Carl Vinson, Sarah Weinstein Organizations: Pacific, US Department of Defense, Army's, Force, China's Rocket Force, Department of Defense, Pentagon, SCS, China's, YouTube China's, Guam, Strategic, International Studies Missile Defense Project, DF, Aerospace, China Studies, Mitchell Institute, Business, US, Center, New, New American Security, US Navy, Ocean, Air Force, PLA Locations: China, Pacific, Guam, It's, Bohai, Inner Mongolia, South Korea, Beijing, Xinhua, New American, Ruoqiang
Pristina, Kosovo (Reuters) - An explosion on Friday evening damaged a canal in northern Kosovo supplying water to two coal-fired power plants that generate nearly all of the country’s electricity, Prime Minister Albin Kurti said, blaming what he called “a terrorist act” by neighbouring Serbia. Earlier on Friday, Kosovo police announced increased security measures after two recent attacks where hand grenades were hurled at a police station and municipal building in northern Kosovo where ethnic Serbians live. People stand near the damaged canal in northern Kosovo supplying water to two coal-fired power plants that generate nearly all of the country's electricity, in Varage, Kosovo November 30, 2024. Independence for ethnic Albanian-majority Kosovo came in 2008, almost a decade after a guerrilla uprising against Serbian rule. The EU’s Kosovo ambassador, Aivo Orav, condemned the attack that he said was already “depriving considerable parts of Kosovo from water supply”.
Persons: Albin Kurti, ” Kurti, Kurti, Vjosa Osmani, Valdrin Xhemaj, Faruk Mujka, Aivo Orav Organizations: Reuters, Kosovo, Reuters Local, Kosovo Energy Corporation, Serbian Locations: Pristina, Kosovo, Serbia, Serbian, Varage, Albanian, Belgrade, The
Best Black Friday standing desk dealsMany of our favorite tried-and-tested standing desks are on sale, including the Uplift and Flexispot desks. Staff Pick Uplift V2 Standing Desk $569.00 The Uplift V2 is a highly customizable standing desk that can meet almost any need. View at Flexispot What we like Check mark icon A check mark. Difficult assemblyFlexispot E2 Pro Standing Desk $119.99 $289.99 Save 59% The no-frills Flexispot Standing Desk moves quickly, smoothly, and quietly to reach your desired height. View at AmazonBlack Friday standing desk deal FAQsIs Black Friday a good time to buy a standing desk?
Persons: , Secretlab Magnus, Magnus Pro, it's, We've, you'll Organizations: Business, Flexispot's, Black, Branch, Amazon Locations: Burrow
"The data is very clear that public sector workers have better outcomes than private sector workers for that reason," she says. "There's a lot of indicators pointing to guaranteed income playing a big part in retirement confidence." The problem for many American workers: Forms of guaranteed income are getting rarer. If you have a well-diversified portfolio of high-quality dividend stocks, Dogen contends, you can essentially ignore the ups and downs of the stocks in your portfolio and focus on raking in the steady cash. Real estateUnder the right circumstances, owning rental properties can be a terrific way to earn steady income in retirement, Dogen says.
Persons: Bridget Bearden, It's, , they've, it's, EBRI, Sam Dogen, Dogen, You'll Organizations: Research, of Labor Statistics, Social Security, CNBC
The KitchenAid 5-Quart Tilt Head Stand Mixer is the best best KitchenAid stand mixer overall and has the ideal power and capacity for home bakers. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.
Persons: We've, KitchenAid, Le Organizations: Business, Base Locations: KitchenAid
Gifts under $50 can strike a balance between thoughtfulness and practicality, making them ideal for family, friends or even a secret Santa exchange during the holiday season. With that in mind, here are 10 unique, fun and practical gifts for everyone on your shopping list, curated by CNBC Make It staff members. But fortunately for my oral health and fragile ego, my people-pleasing tendencies won out — and the product changed my life. Packing cubesPrice: $21.59 I'm not going to lie — I was influenced by TikTok to buy these Bagsmart compressible packing cubes. I've used it to label everything from my the tabs in my recipe binder to different sizes of knitting needles.
Persons: who've, , haven't, — Megan Sauer, I'm, Cheyenne, Elham Ataeiazar, — Judy Lagrou, mitt Price, — Cameron Albert, Deitch, — Emmie Martin, Ferris, — Ester Bloom, TikTok, Price, I've, — Hanna Howard Organizations: CNBC Locations: Cheyenne DeVon, Netherlands, Italy, Airalo, Europe
Many picks from our expert-tested best mattress guide are significantly discounted for Black Friday, including our top-rated mattress, the Leesa Sapira Hybrid. View at Leesa What we like Check mark icon A check mark. View at Walmart What we like Check mark icon A check mark. View at WinkBeds What we like Check mark icon A check mark. View at Sleep Number What we like Check mark icon A check mark.
Persons: we've, it's, Pick, contouring Organizations: Business, Black, Walmart, Bear, Labor Locations: Birch, Tempur
Germany is battling an ongoing manufacturing downturn that has turned it into the bloc's growth laggard, while disputes over its budget and long-term fiscal strategy caused its government to collapse earlier this month. However, French borrowing costs have climbed above Germany's this year as political instability in the country spooked markets. "Compromise on the French budget remains possible. The term "bond vigilantes" refers to bond market investors who protest against monetary or fiscal policy they don't like by selling bonds, thereby increasing borrowing costs for the government. Beyond the short-term budget debate, Barclays found medium-term risk asymmetry was "not great" for French markets, and that "concerns about political instability and long-term fiscal trajectory may persist."
Persons: Michel Barnier's, DAX, France's, Barnier, , specter Organizations: Barclays, French, CAC Locations: France, Germany, , Greece
AdvertisementMeta plans a $10 billion global underwater cable project spanning 25,000 miles, TechCrunch reported. The project is reportedly in the early planning stages, though the exact route has not been announced. Meta aims for sole cable ownership of the cable, avoiding geopolitical tension areas like the Red Sea. Meta is reportedly planning to build a fiber-optic underwater cable that would traverse the globe, TechCrunch reported. The project would take years to complete, given limited resources like cable ships, TechCrunch reported.
Persons: Teleography, Sunil Tagare, Tagare Organizations: TechCrunch, Meta, Meta's, Google, Amazon, Microsoft, LinkedIn Locations: Meta, Africa, Africa's, India, East Coast, South Africa, Darwin, Australia, South, Egypt, Marseilles, Straits, Malacca, Singapore
In a world where sentiment drives purchasing decisions, these differences in opinion could shape how much people end up spending this holiday season. "It's very hard being a millennial and having to worry about buying a house, affording groceries, rent, all that stuff. Meanwhile, Trump voter Armando Duarte, a 62-year-old retired utility worker from Fort Lee, New Jersey, told CNBC he's feeling a lot better about the holiday shopping season since Trump won. In GOP-won states, shipping volumes increased by 50.4% after the election, while Democrat-won states saw volumes decrease by an average of 11.2%. Only two blue states — Illinois and Minnesota — saw shipping volumes increase after the election, while all others saw rates fall.
Persons: Donald Trump, Kamala Harris, Harris, Amanda Davila, I'm, Davila, Trump, Armando Duarte, Duarte, Jobs, Meir Statman, University's Organizations: CNBC, Trump, Santa, University's Leavey School of Business, Shipping, GOP, Democrat Locations: Texas , Michigan , New Jersey , New York , Connecticut, North Carolina, Virginia, New York City, Fort Lee , New Jersey, — Illinois, Minnesota
View at VerizonApple iPhone 16 series, iPad, and Apple Watch bundle (Verizon) $0.00 $2,000.00 Save 100% New and existing Verizon customers can trade-in any phone in any condition from Apple, Google, or Samsung to get the iPhone 16 Pro free. View at VerizonApple iPhone 16 series, Apple Watch, and iPad bundle (AT&T) $0.00 $1,930.00 Save 100% AT&T is offering up to $1,000 off the iPhone 16 Pro or iPhone 16 Pro Max, and up to $700 off the iPhone 16 and iPhone 16 Plus bundled with the Apple Watch SE and 10th-generation iPad for $0.99 per month each for 36 months. Those who prioritize premium features, like Apple's 120Hz ProMotion display, the most powerful iPhone processor, and a 5x zoom lens, will appreciate the iPhone 16 Pro or iPhone 16 Pro Max. For more details, check out our guide to the best iPhones, our iPhone 16 review, and our iPhone 16 Pro review. With carrier deals, you're effectively trading flexibility for a free (or almost free) iPhone.
Persons: they're, Max Organizations: Business, Verizon, Apple Watch, Control, Apple Intelligence, Apple, Verizon Apple, Max, Google, Samsung
Learn moreTracking down the actual best Black Friday deals isn't for the faint-hearted or inexperienced. View at Amazon What we like Check mark icon A check mark. View at Nugget What we like Check mark icon A check mark. Play couch comes in 20 colors and ottoman is available in 10Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.
Persons: isn't, whittle, we're, Apple, you've, Max, Harry Potter, Max Hulu, We'd, I’ve, Talia Ergas, Puffer, Abercrombie & Fitch, Bonobos, fryer, Ninja Air Fryer, you'll, it's, There's, Apple AirPods, Dyson, Cord, Rihanna, shea Organizations: Business, Apple, Verizon, Amazon Apple, Verizon Apple, Max, Apple Watch, Google, Samsung, Disney, Disney Plus, Hulu, Disney Max, NBC, Football, Peacock Paramount, Paramount, CBS, NFL, Nickelodeon, Comedy Central, BET, MTV, Showtime, Paramount Paramount, Paramount Plus, Paramount Starz, Starz, LG, Smart, Dolby, Amazon LG, Walmart, Amazon, Brands, Abercrombie & Fitch, Abercrombie, Fitch, Abercrombie &, Chino, Nike Air Jordan, Jordans, Nike, Black, Big, Shark, Joybird, Ninja Air, Ninja Air Fryer XL, VR, Meta, Sony, Amazon Sony PS5, Amazon Sony PlayStation, Amazon Samsung, Nova, Nova Pro, Mint Mobile, Mobile, Mint Mobile Samsung Galaxy, Galaxy, XL, Gemini, Dell, Dell Lenovo, Samsung Galaxy Watch, Google Pixel Watch, HP, Amazon Sony WH, WH, Dyson, Army, Navy Locations: Tempur, Balsam
Albuquerque, New Mexico AP —Jurors in New Mexico have awarded a man more than $412 million in a medical malpractice case that involved a men’s health clinic that operates in several states. The man’s attorneys celebrated Monday’s verdict, saying they are hopeful it will prevent other men from falling victim to a scheme that involved fraud and what they described as dangerous penile injections. That is a very egregious breach of their fiduciary duty,” said Lori Bencoe, one of the lawyers who represented the plaintiff. The clinic is accused of misdiagnosing him and unnecessarily treating him with “invasive erectile dysfunction shots” that caused irreversible damage. According to court records, jurors found that fraudulent and negligent conduct by the defendants resulted in damages to the plaintiff.
Persons: , , Lori Bencoe, Nick Rowley, Brad Palubicki, NuMale Organizations: New Mexico AP, NuMale Medical Center, NuMale Medical, Associated Press Locations: Albuquerque, New Mexico, U.S, Colorado , Florida , Illinois , Nevada , Nebraska, North Carolina, Wisconsin
CNN —President-elect Donald Trump is having dinner with Canadian Prime Minister Justin Trudeau Friday evening at Mar-a-Lago, a source familiar with the meeting told CNN. Some members of Trudeau’s cabinet are expected to join the dinner, a senior Canadian government official told CNN. Trudeau is expected to leave Mar-a-Lago shortly after the dinner. CNN previously reported that after the president-elect’s announcement, Trump and Trudeau had a brief call that was focused on border security and trade. Trump used tariffs against Canada during negotiations over replacing the North American Free Trade Agreement.
Persons: Donald Trump, Justin Trudeau, Trudeau, Trump, It’s, Claudia Sheinbaum, Sheinbaum, Joe Biden, CNN’s Paula Newton, Kaanita Iyer, Jennifer Hansler Organizations: CNN, Canadian, Mar, Canada, North American Free Trade Locations: Mexico, Canada
As Joy sought financial independence, the financial tips she found — "eat beans and rice; don't have any fun; shopping is terrible" — didn't resonate with her. "The $1 rule is my twist on cost per use or cost per wear," said Joy, who is a financial coach and debt repayment expert. The rule has also helped Joy personally avoid buying low-quality items or things she won't use often, she said. The "$1 rule" can also be very helpful during the holidays when you are trying to buy gifts for people they will really enjoy, she said. Joy said she uses the rule whenever she buy gifts for people, thinking, "Is this something that they would use a lot?"
Persons: Bernadette Joy, Joy Organizations: Shoppers, Finance Locations: New York City
One way investors can ride the wave of optimism heading into 2025 is by shorting Cathie Wood's ARK Innovation ETF and buying the equal-weighted S & P 500 Index, according to Trivariate Research. ARKK YTD mountain The Ark Innovation fund is on track for its best month of the year. Cathie Wood's Ark Innovation fund has surged almost more than 25% in November alone through Wednesday's close and is on pace for its best month of the year. The Invesco S & P 500 Equal-Weight ETF , which tracks the equal-weighted S & P 500 index, has gained 6.1% in November, still beating the 5.1% gain in the S & P 500. RSP YTD mountain The Invesco S & P 500 Equal Weight ETF.
Persons: shorting, Adam Parker, Morgan Stanley, Donald Trump's, Scott Bessent, Trump, Parker Organizations: Innovation, Research, Nvidia, Apple, Trump, RSP Locations: Mexico, Canada
Student loan borrowers may face higher payments under Trump
  + stars: | 2024-11-29 | by ( Annie Nova | ) www.cnbc.com   time to read: +2 min
Experts expect he will abandon or roll back many of the Biden administration's student loan efforts — which on the campaign trail he called "vile" and "not even legal." Assuming the Trump administration abandons the U.S. Department of Education's new affordable repayment plan, known as SAVE, borrowers enrolled in it will have to shift to a different repayment plan with significantly higher monthly payments. SAVE was supposed to cut in half monthly bills for millions of federal student loan borrowers. "For those worried about SAVE going away, I think it probably will, unfortunately," said Betsy Mayotte, president of The Institute of Student Loan Advisors, a nonprofit that helps borrowers navigate the repayment of their debt. The incoming administration is "not bound by the position of the prior administration," Giles said.
Persons: Donald Trump, , Trump, Betsy Mayotte, Biden, Malissa Giles, Giles Organizations: Biden, U.S . Department of, The, Student Loan Advisors, Finance, White, SAVE, Republican Locations: Kansas and Missouri, Virginia
AdvertisementElon Musk and Donald Trump have been inseparable since the election and spent Thanksgiving together. Sylvester Stallone also attended, and Mark Zuckerberg visited Trump's resort on Wednesday. Elon Musk and Donald Trump have been inseparable since the latter's election victory — and the Tesla CEO was one of several celebrity guests for Thanksgiving at Mar-a-Lago. Elon Musk, Donald Trump, Barron and Melania blasting YMCA at Mar-a-Lago on Thanksgivingpic.twitter.com/elroKGQ9VA — ALX 🇺🇸 (@alx) November 29, 2024Musk isn't the only tech boss to be spending time at Mar-a-Lago this Thanksgiving. Meta CEO Mark Zuckerberg dined with Trump on Thanksgiving eve, the company told Business Insider in a statement.
Persons: Elon Musk, Donald Trump, Sylvester Stallone, Mark Zuckerberg, , Tesla, Musk, 3wlYgdJus4 — Elon, Vivek Ramaswamy, Trump's, Melania, Barron Organizations: Trump, Mar, Department of Government Locations: Lago, Florida, Mar
The best air fryer in our tested buying guide, the Instant Vortex Plus Air Fryer Oven with ClearCook, is 41% off, the lowest we've seen it priced since Prime Day. The best Black Friday air fryer dealsInstant Vortex Plus Air Fryer Oven with ClearCook $99.95 $169.99 Save 41% The Instant Vortex Plus was the best air fryer in our tests and features a window into the basket to monitor your food. Higher than average temperature varianceNinja Foodi 2-Basket Air Fryer (DZ550) $123.49 $249.99 Save 51% The 10-quart Ninja Foodi 6-in-1 2-Basket Air Fryer with DualZone Technology is virtually identical to the best large-capacity air fryer we've tested. View at AmazonNinja Air Fryer XL $89.99 $159.99 Save 44% Make cooking easier with the Ninja Air Fryer XL (AF150AMZ) and its five different cooking settings. The best air fryer toaster ovens cost more than basket air fryers, but they're more versatile and can hold more food.
Persons: fryer, Preheats, Fryer, ChefMaker Combi Fryer, we're, Amazon Ninja Air Fryer, Ninja Air Fryer, Amazon Air fryer, they're Organizations: Business, fryers, Quart, Air, DualZone Technology, Fryer, Philips, Amazon Philips, Amazon Ninja Air, Ninja Air, Ninja Air Fryer XL, Amazon, Amazon Air
AdvertisementThe FDA said organic eggs sold in some Costcos are being recalled for Salmonella concerns. It's time to check your fridge if you picked up organic eggs during your last Costco run. Due to Salmonella concerns, organic eggs sold at Costco are being recalled in five states. AdvertisementOn Wednesday, the Food and Drug Administration announced that 10,800 retail units of 24-count organic eggs sold under Costco's Kirkland brand are being recalled. The recall specifically applies to Costco organic eggs with the Julian code 327 and a "Use By" date of Jan 5, 2025.
Persons: Costco's Kirkland, Julian Organizations: FDA, Costco, Food and Drug Administration Locations: New York, Costcos, Alabama , Georgia, North Carolina, South Carolina, Tennessee
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