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☆ Martial Law in South Korea Tests Biden and a Key U.S. Alliance
▼ + stars: | 2024-12-03 | by ( Edward Wong | Michael Crowley | ) www.nytimes.com time to read: +2 min

President Biden has put a special emphasis on South Korea, choosing it as the first non-U.S. site for his annual international conclave, the Summit for Democracy. And in 2023, he hosted President Yoon Suk Yeol for a state dinner at the White House, where the tuxedo-clad Mr. Yoon sang “American Pie” to an adoring audience. Mr. Biden has also relied on Mr. Yoon to provide munitions for Ukraine’s defense against the Russian invasion. Now, with Mr. Yoon imposing martial law after wildly accusing the opposition party of conspiring with North Korea to undermine him, the American alliance with South Korea faces its biggest test in decades. We are seriously concerned by the developments we are seeing on the ground in the R.O.K.”

Persons: Asia —, Biden, Yoon Suk, Yoon, ”, Mr, Yoon’s Organizations: Summit for Democracy, White, White House National Security Council Locations: South Korea, U.S, Asia, Russian, North Korea, China, Russia, Washington, Republic of Korea

☆ Everyone has given up on the idea of investing outside of America, says Rockefeller’s Ruchir Sharma
▼ + stars: | 2024-12-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEveryone has given up on the idea of investing outside of America, says Rockefeller’s Ruchir SharmaRuchir Sharma, Rockefeller International chairman and founder, Breakout Capital CIO and ‘What Went Wrong With Capitalism’ author, joins 'Squawk Box' to discuss investing in American markets, whether the U.S. market is overhyped, the gap between American and the rest of the world, President-elect Trump's impact on the markets, and more.

Persons: Rockefeller’s Ruchir Sharma Ruchir Sharma Organizations: Rockefeller International, Breakout Capital Locations: America, U.S

☆ Trump ramped up his trade threats against a group of nations that are skeptical of the dollar. Here's what the US buys from the 9 countries at risk.
▼ + stars: | 2024-12-03 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +4 min

AdvertisementPresident-elect Donald Trump's latest tariff threat is 100% on goods from a group of nine countries known as BRICS. Business Insider looked at the top goods the US imports from BRICS nations, including medicine, apparel, and electronics. Census Bureau trade data showed that in 2023, the BRICS nations together accounted for about $578 billion in imports to the US. India accounted for much of the imports when looking at the BRICS nations, excluding China. Luiz Inácio Lula da Silva, Brazil's president, proposed creating a common currency among the BRICS nations last year, which could help avoid US sanctions.

Persons: Donald Trump's, Trump, Luiz Inácio Lula da Silva, Dmitry Peskov, GOP Sen, Bill Hagerty, Hagerty Organizations: United, United Arab Emirates, U.S, International Trade, Business, China, Trump, Walmart, Columbia, GOP, NBC Locations: BRICS, Brazil, Russia, India, China, South Africa, Ethiopia, Egypt, Iran, United Arab, America, Mexico, Canada

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Tesla, Citi, CVS, American Express, Amazon, Kroger & more
▼ + stars: | 2024-12-03 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Bernstein downgrades FedEx to market perform from outperform Bernstein said it was downgrading FedEx ahead of earnings later this month due to fears about execution. "We are upgrading Citi to Outperform from Market Perform owing to its discounted valuation and the meaningful lag in its shares relative to peers since October earnings." Deutsche Bank upgrades CVS to buy from hold Deutsche says it sees "improving profitability" for CVS. BMO downgrades Kroger to market perform from outperform BMO says the grocery store stock is overvalued. Bank of America reiterates Apple as buy Bank of America says it's sticking with its buy rating Apple following data showing an increase in App Store revenue.

Persons: Wells, Bernstein, KBW, Jefferies, Morgan Stanley, CFRA, Tesla, it's, OLLI, Mgmt, Mizuho, MoffettNathanson, Moffett Organizations: Citi, Citigroup, FedEx, Deutsche Bank, CVS, Deutsche, BMO, Kroger, KR, American Express, Holdings, Bank of America, underperform Bank of America, Underperform, " Bank of America, Apple, Nvidia, Data Center, 2027E Locations: Wells Fargo, F1Q25, North America

☆ I've visited 94 countries. I always follow these 4 money-saving tips when I travel.
▼ + stars: | 2024-12-03 | by ( Lola Méndez | ) www.businessinsider.com time to read: +3 min

AdvertisementI've spent years traveling to 94 countries which has taught me some great money-saving travel tips. I don't pay to check a bag when I travel, and I seek out free activities, like walking tours. Throughout my trips to 94 countries and all seven continents, I've learned a lot of ways to save money abroad — some through trial and error. Get the best deal on local currencyI don't travel with cash unless I'm going to a destination where it's difficult to access ATMs. I also check sites like GuruWalk and SANDEMANs, which offer free local walking tours around the globe.

Persons: I've, Charles Schwab Organizations: Getty Locations: Turkey, Tunisia, Jordan, Egypt, Estonia, Uruguay, Thailand

☆ Watch CNBC's full interview with Rockefeller International chairman Ruchir Sharma
▼ + stars: | 2024-12-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Rockefeller International chairman Ruchir SharmaRuchir Sharma, Rockefeller International chairman and founder, Breakout Capital CIO and ‘What Went Wrong With Capitalism’ author, joins 'Squawk Box' to discuss investing in American markets, whether the U.S. market is overhyped, the gap between American and the rest of the world, President-elect Trump's impact on the markets, and more.

Persons: Ruchir Sharma Ruchir Sharma Organizations: Rockefeller International, Breakout Capital Locations: U.S

☆ Putin makes it official: Russia is all in on defense spending
▼ + stars: | 2024-12-03 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

AdvertisementPutin has signed off on a record defense budget for 2025 amid the ongoing Ukraine war. Defense spending will rise to 13.5 trillion rubles, making up a third of the country's budget. Russian President Vladimir Putin has signed off a federal budget that will boost defense spending to a record level next year. However, Russia's economy is under pressure, with wartime activities driving the economy so hot that inflation has spiked. Russia's economy ministry forecasts that the country's economy will grow by 3.9% this year and 2.5% next year.

Persons: Vladimir Putin, Putin, Russia's, Andrei Kostin, VTB —, —, Kostin Organizations: Putin, Defense, Russian, Russia, Institute for, Reuters, Monetary, IMF Locations: Ukraine, Russian, Russia, Russia's

☆ Top U.N. Envoy Says Gaza War Followed Years of Weak Diplomacy
▼ + stars: | 2024-12-03 | by ( Patrick Kingsley | ) www.nytimes.com time to read: 1 min

In September last year, the top United Nations envoy for the Middle East peace process left a meeting with Hamas leaders in Gaza thinking that he had helped avert a major escalation. The veteran Norwegian diplomat, Tor Wennesland, said he believed that Hamas had agreed to reduce recent tensions along the Israel-Gaza border in exchange for more work permits for Gazan workers. But Hamas had bluffed Mr. Wennesland, along with the Israeli leadership and much of the international community. Days later, the group’s fighters attacked Israel, setting off the deadliest year in the history of the Israeli-Palestinian conflict. It was a misconception that Mr. Wennesland now says is emblematic of the problem with the international community’s recent approach to the Israeli-Palestinian conflict.

Persons: Tor Wennesland, Wennesland Organizations: United Nations, Hamas Locations: Gaza, Norwegian, Israel

☆ Neale Fraser: Australian tennis icon dies at 91
▼ + stars: | 2024-12-03 | by ( Jamie Barton | ) edition.cnn.com time to read: +2 min

CNN —Neale Fraser, the icon of Australian tennis who was the last man to win singles, doubles and mixed doubles titles at a single grand slam, has died aged 91, Tennis Australia announced on Tuesday. In 1959, Fraser won the triple crown – singles, doubles and mixed doubles titles – at the US National Championships, a run which helped make him men’s singles world No. “I am deeply saddened to hear of the passing of my dear mate and fellow lefty, Neale Fraser,” Laver wrote on X, formerly known as Twitter. Tony Feder/Getty ImagesWhen he eventually did so in 1970, Fraser won a further four Davis Cup titles before retiring in 1993. “He was like a father to me,” said Cash, who won the Davis Cup under Fraser in 1983 and 1986.

Persons: CNN — Neale Fraser, Fraser, Australia’s, Rod Laver, “, Neale Fraser, ” Laver, “ Neale, Thea, Neale’s, ”, Laver, Roy Emerson, Harry Hopman, Peter McNamara, Paul McNamee, John Fitzgerald, Pat Cash, Tony Feder, John Newcombe, Cash, ” Fraser, Philippe Chatrier Organizations: CNN, Tennis Australia, Wimbledon, US, Australia’s Davis, Davis, International Tennis Hall of Fame, Australian Tennis Hall of Fame Locations: Australia, Sweden

☆ Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
▼ + stars: | 2024-12-03 | by ( Ryan Browne | ) www.cnbc.com time to read: +5 min

In this article MSFT Follow your favorite stocks CREATE FREE ACCOUNTUKRAINE - 2022/01/07: In this photo illustration a Microsoft Azure logo seen displayed on a smartphone. Microsoft offers a cheaper price to firms running Windows Server on Azure than on direct competitors like AWS, Google's cloud or Alibaba Cloud. The lawsuit argues firms running the widely-used server software are essentially being overcharged to use alternative cloud computing solutions. "By doing so, Microsoft is trying to force customers into using its cloud computing service Azure and restricting competition in the sector." From 2017 to 2022, European cloud firms' market share halved from 27% to 13%, lagging international rivals as the entire European cloud market grew fivefold to 10.4 billion euros ($11 billion), according to data from Synergy Research Group.

Persons: Igor Golovniov, Maria Luisa Stasi, Stasi, it's, Solange Viegas Dos Reis, There's, Dos Reis, OVHCloud Organizations: Getty, Microsoft, Amazon Web Services, Google, Windows, CNBC, Stasi, CMA, Markets Authority, European Commission, EU, Synergy Research, U.S Locations: UKRAINE

☆ We took our kids to fancy resorts in Bali, but we were all happier once we moved to a cheaper accommodation with less frills
▼ + stars: | 2024-12-03 | by ( Melissa Noble | ) www.businessinsider.com time to read: +4 min

We started with the fancier resorts, which were amazing but didn't feel specialThe Holiday Inn Resort Bali Nusa Dua was beautiful. Melissa NobleOur first stop was the Bali Mandira Beach Resort and Spa, which came highly recommended by our friends. AdvertisementThe resort felt peaceful with sprawling, immaculately tended gardens, yet it was still close to the action. We could step outside and explore the markets around Legian, then retreat back into the Bali Mandira oasis. Next, we headed to the five-star Holiday Inn Resort Bali Nusa Dua, which overlooks Benoa Bay.

Persons: Melissa Noble, It's, We've, we've Organizations: Bali Ngurah Rai International Airport, Google, Green Fields, Green Field Locations: Bali, Bali Nusa Dua, Bali Ngurah Rai, Legian, Benoa, Australia, Indonesia, Ubud

☆ China hits back at Biden's chip restrictions by banning shipments of key materials to the US
▼ + stars: | 2024-12-03 | by ( Robert Scammell | ) www.businessinsider.com time to read: +3 min

AdvertisementChina's Ministry of Commerce said on Tuesday it will halt shipments of key materials to the US. China's Ministry of Commerce said it was responding to fresh US chip export bans, announced Monday. China has retaliated against the Biden administration's semiconductor export controls by banning shipments of key materials to the US, ramping up the global chip war ahead of Donald Trump's second term. AdvertisementThe so-called "dual-use" materials include gallium, germanium, antimony, and superhard materials. AdvertisementChina's retaliation follows President Joe Biden's third wave of sanctions against US companies exporting materials to China's chip industry, announced on Monday.

Persons: Donald Trump's, Joe Biden's, Gina Raimondo, Trump, Logan Paul Organizations: China's, of Commerce, China's Ministry of Commerce, Biden, Geological Survey, Huawei, Semiconductor Manufacturing International Corp, Reuters, The New York Times, Department, Commerce Locations: China, Republic

☆ Morton I. Abramowitz, Diplomat Who Made Refugees a Priority, Dies at 91
▼ + stars: | 2024-12-03 | by ( Clay Risen | ) www.nytimes.com time to read: 1 min

Morton I. Abramowitz, a longtime U.S. diplomat who made refugee and humanitarian concerns a focal point of American foreign policy during his tenure, died on Friday at his home in Washington. His son, Michael, confirmed the death. Blessed with an impatient implacability rarely found among diplomats, Mr. Abramowitz repeatedly broke with the foreign policy establishment, both as a career Foreign Service officer and later as the president of the Carnegie Endowment for International Peace. His first chance to assert himself came in 1978, when President Jimmy Carter named him ambassador to Thailand. It was a fraught moment in Southeast Asia: The region was still coping with the fallout from the Vietnam War, while the genocide in Cambodia — and that country’s invasion by Vietnam in 1978 — sent some one million refugees fleeing to the Thai border.

Persons: Morton I, Abramowitz, Michael, implacability, Jimmy Carter, — Organizations: Foreign Service, Carnegie Endowment, International Peace Locations: U.S, Washington, Thailand, Southeast Asia, Vietnam, Cambodia, Thai

☆ Here’s what the Pizza Hut of the future looks like
▼ + stars: | 2024-12-03 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Your next visit to a Pizza Hut might remind you of Chipotle. It’s part of broader changes Pizza Hut is showing off at a remodeled location as the chain contends with sluggish sales and increasing competition. Pizza HutPizza Hut and its rivals are struggling as inflation-weary customers hunt for value. “The model that Pizza Hut had used successfully for a few decades was going out of style.”Customers can order via a kiosk for the first time in the US. Pizza Hut is testing the design in Texas before potentially rolling it out to other US cities, though it has about 2,000 of these redesigned restaurants internationally.

Persons: Jonathan Maze, Maze, “, ”, ” Shannon Garcia, Pizza, Garcia, “ It’s Organizations: New, New York CNN, Restaurant Business, CNN, Yum Brands Locations: New York, Plano , Texas, American, people’s, Texas, United States

☆ How UK Export Finance is supporting ethnic minority-led businesses to achieve their global ambitions
▼ + stars: | 2024-12-03 | by ( Sponsored Uk Export Finance | ) www.businessinsider.com time to read: +7 min

UK Export Finance helps ethnic minority-led businesses win, fulfill, and get paid for international business by providing guarantees, insurance and loans to support export activities. UK Export Finance (UKEF) is the UK government's export credit agency. UKEF can help ethnic minority-led businesses through its network of regional Export Finance Managers (EFMs) based around the UK. Once a business has an export plan in place, UK Export Finance can make it a reality by providing finance support. Supporting ethnic minority-led businesses to access export financeEthnic minority-led businesses contribute £25 billion to the UK economy per year, according to research from the Federation of Small Business.

Persons: Hitesh Patel, EFMs, Alissia Deane, Patel, Deane, they're, it's Organizations: Export Finance, UKEF's Export Insurance, Department for Business and Trade, Federation of Small, UK Finance, Research, The British Business Bank, London Chamber of Commerce, Venture Capital, UKEF, Department for Business, Trade, UK Export Finance, Insider Studios Locations: London, West Yorkshire, DBT, UKEF

☆ CNBC Daily Open: Investors are filled with the festive spirit
▼ + stars: | 2024-12-03 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +3 min

This 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. The Wall Street bank just refreshed its list of global stocks, including three it gave potential upside of more than 40% . $56 billion package for Musk denied Tesla CEO Elon Musk failed to get his $56 billion 2018 pay package reinstated. "The holiday season is in full swing and spirits seem bright, at least among investors," UBS wrote in a Monday note.

Persons: Goldman Sachs, Elon Musk, Pat Gelsinger, David Zinsner, MJ Holthaus, Gelsinger, Jay Hatfield, —, Hatfield, Oppenheimer, John Stoltzfus, Savita Subramanian, Lisa Kailai Han, Alex Harring, Pia Singh Organizations: CNBC, Intel, Investors, Nasdaq, Dow Jones, UBS, Conference Board, downer, Investment, Bank of America Locations: Delaware

Paris CNN —Delta Air Lines has refused to transport the Russian woman who stowed away on a flight to Paris from New York last week, a Paris airport official has told CNN. ET) Tuesday, a Paris airport official told CNN. The woman was onboard the plane when Delta refused to fly her, according to the official. Authorities in the US are continuing to investigate how the woman sneaked onto the initial Delta flight without a ticket. Inspectors from the Transportation Security Administration are preparing a civil case against the stowaway after reviewing airport security video from inside John F. Kennedy International Airport, agency spokesperson Alexa Lopez told CNN.

Persons: John F, ’, Gary Treichler, Alexa Lopez, ” Lopez, “ Organizations: Paris CNN — Delta Air Lines, CNN, Kennedy International Airport, USA, Authorities, Transportation Security Administration, TSA, Justice Department . Delta Locations: Paris, New York, France, New

☆ I'm a mom of 5 and became a millionaire at 39. I drive a Honda Accord, order water when dining out, and don't pay for the kids' college.
▼ + stars: | 2024-12-03 | by ( Kelly Burch | ) www.businessinsider.com time to read: +5 min

She doesn't pay for her kids' college education, but has a plan to repay their student loans. Related storiesA trip to the DMV made me realize I can't always control my kid's expectationsMy kids range in age from 8 to 20. Still, I've taken a different approach with my kids, and we're not paying for their college up front. AdvertisementWe're leaving the kids money, but they have to give half awayWe regularly tell the kids that we're spending some of their inheritance now to have experiences with them, like those international trips. Still, we plan to leave the kids money when we die — with a caveat.

Persons: Julia Myers, didn't, We've, we're, We're, That's, I've, we'll Organizations: Honda, Nissan, aha

☆ Asian chip stocks mostly rise, shrugging off new U.S. semiconductor export curbs on China
▼ + stars: | 2024-12-03 | by ( Dylan Butts | ) www.cnbc.com time to read: +3 min

Major Asian chip stocks outside of China rose Tuesday, shrugging off a new round of U.S. semiconductor export curbs aimed at impairing Beijing's capability to produce certain high-end chips. Taiwan Semiconductor Manufacturing Company — the world's largest contract chip supplier — saw shares rise 2.4%. The Biden administration's latest chip curbs will also target sales of high-bandwidth memory chips, which could affect the world's two largest memory chip makers — South Korea's SK Hynix and Samsung. Naura Technology Group , Piotech and ACM Research were among the largest Chinese companies to be included in the export controls list. The latest export restrictions include a new "red flag guidance" to address compliance concerns, and several "critical regulatory changes" to enhance the effectiveness of existing controls.

Persons: shrugging, Lasertec, Advantest, Biden, Derrick Irwin, CNBC's, Gina Raimondo, Harris Administration's, TSMC Organizations: Taiwan Semiconductor Manufacturing, Korea's SK Hynix, Samsung, Samsung Electronics, SK Hynix, Allspring Global Investments, The, of Commerce, Naura Technology, Piotech, ACM Research, Semiconductor Manufacturing International Corporation, Hong Kong . U.S, Biden, Huawei Locations: China, Tokyo, Korea's, Hong Kong .

☆ CNBC Daily Open: Investors are filled with the holiday spirit
▼ + stars: | 2024-12-03 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

This 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. $56 billion package for Musk deniedTesla CEO Elon Musk failed to get his $56 billion 2018 pay package reinstated. Crypto laws to pass 'quickly' in U.S. "We have the most pro-crypto Congress ever [in] history, we have an extraordinarily pro-crypto president coming into office," Shirzad told CNBC last week.

Persons: Carlos Tavares, Pat Gelsinger, David Zinsner, MJ Holthaus, Gelsinger, Elon Musk, Donald Trump, Faryar Shirzad, Shirzad Organizations: NYSE, The New York Stock Exchange, CNBC, Nasdaq, Dow Jones, Intel, The, U.S . Federal, Traders Locations: New York City, Delaware, The U.S

☆ Gotham Awards 2024: Zendaya honors mom, while Nicole Kidman and Pamela Anderson bring ’90s nostalgia
▼ + stars: | 2024-12-03 | by ( Lisa Respers France | ) edition.cnn.com time to read: +2 min

CNN —The stars were out Monday night for this year’s Gotham Awards, held at Cipriani Wall Street in New York City. The event “honors visionary talent in front of and behind the camera, expands the audience for groundbreaking film and television, and supports the year-round work of the not-for-profit The Gotham Film & Media Institute,” according to the organization’s site. Zendaya received the Spotlight Tribute for her role in the film “Challengers,” and she used the moment to honor her mother, Claire Stoermer. Kidman arrived in a vintage Dolce & Gabbana gown from 1998, while Pamela Anderson hit the red carpet with a makeup-free face. I just feel in my personal life, it just didn’t really make sense.”Timothée Chalamet and James Mangold received the Visionary Tribute for their collaboration on “A Complete Unknown,” the upcoming Bob Dylan biopic.

Persons: Zendaya, Claire Stoermer, “, she’s, ” Nicole Kidman, Kidman, Pamela Anderson, ” Anderson, ”, Timothée Chalamet, James Mangold, Bob Dylan, Angelina Jolie, Maria Callas, Pablo Larrain’s, Maria, ” Franklin Leonard, Denis Villeneuve, Samuel L, Jackson, John David Washington, Ray Fisher, Danielle Deadwyler, Michael Potts, Corey Hawkins, Erykah Badu, RaMell Ross, Azazel Jacobs, Gotham, Vera Drew, Joker, Colman Domingo, Clarence Maclin, Brandon Wilson Organizations: CNN, Gotham Film & Media Institute, ”, Dolce Locations: Cipriani, New York City, “

☆ Health officials investigate mystery disease in southwest Congo after 143 deaths
▼ + stars: | 2024-12-03 | by ( Associated Press | ) edition.cnn.com time to read: +1 min

Kinshasa, Congo AP —A flu-like disease that has killed dozens of people over two weeks is being investigated in southwestern Congo, local authorities said. The deaths were recorded between Nov. 10 and Nov. 25 in the Panzi health zone of Kwango province. Symptoms include fever, headache, cough and anaemia, provincial health minister Apollinaire Yumba told reporters over the weekend. The deputy provincial governor, Rémy Saki, told The Associated Press on Tuesday that between 67 and 143 people had died. Congo is already plagued by the mpox epidemic, with more than 47,000 suspected cases and over 1,000 suspected deaths from the disease in the Central African country, according to the World Health Organization.

Persons: Apollinaire Yumba, Rémy Saki, ”, Yumba, wasn’t Organizations: Congo AP, Associated Press, World Health Organization, WHO Locations: Kinshasa, Congo, Kwango province, Central

☆ United Airlines CEO on record revenue: December will likely be the best December in company history
▼ + stars: | 2024-12-03 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUnited Airlines CEO on record revenue: December will likely be the best December in company historyCNBC’s Phil LeBeau and United Airlines CEO Scott Kirby join 'Squawk Box' to discuss expansion at Dulles Airport, state of the airline industry, record holiday travel, international travel demand, supply chain challenges, and more.

Persons: Phil LeBeau, Scott Kirby Organizations: Email United, United Airlines, Dulles Airport

☆ Frontier Airlines will install first-class seats as industry battles for high-paying flyers
▼ + stars: | 2024-12-03 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Frontier Airlines planes are parked at gates in Denver International Airport (DEN) in Denver, Colorado, on August 5, 2023. Frontier Airlines , one of the world's biggest budget airlines, is adding first-class seats. Starting in September, Frontier plans to start ripping out the first two rows of its three-by-three economy seats to add four first-class seats, in a two-by-two configuration. "While we have the lowest costs in the industry, we don't have the best revenue model," Biffle said in an interview. Biffle said the company's biggest gaps in its revenue model came from not offering first-class seats and not having enough rewards for its loyalty program members.

Persons: Barry Biffle, Biffle Organizations: Airlines, Denver International, Frontier Airlines Locations: Denver, Denver , Colorado

☆ Macron’s Paris invite shows power fast flowing from Biden to Trump
▼ + stars: | 2024-12-03 | by ( Stephen Collinson | ) edition.cnn.com time to read: +10 min

CNN —There’ll be a strong sense of déjà vu when French President Emmanuel Macron lays the flattery on thick for Donald Trump in Paris this weekend. The president seeks to highlight US commitment to sub-Saharan Africa in the face of China’s investment-led regional power play. Trump never made it to Africa as president and seemed more interested in insulting the continent than helping it. From left to right, Brigitte Macron, President-elect Donald Trump, Melania Trump and French President Emmanuel Macron at Le Jules Verne Restaurant at the Eiffel Tower, on July 13, 2017. Trump will arrive in Paris shortly after selecting Charles Kushner, the father-in-law of his daughter Ivanka as the next US ambassador to France.

Persons: CNN —, Emmanuel Macron, Donald Trump, Trump, Macron, Trump isn’t, — he’s, Justin Trudeau, Trump’s, Joe Biden’s, Hunter, ‘, Virginia Democratic Sen, Tim Kaine, CNN’s Manu Raju, Utah Republican Sen, Mitt Romney, Biden, Biden’s, ” Trump, It’s, Ludovic Marin, Angela Merkel, Barack Obama, Vladimir Putin, There’s, don’t, Olaf Scholz, Keir Starmer, Michel Barnier, Marine Le, Jules Verne, “, “ Emmanuel, Brigitte Macron, Melania Trump, Le Jules Verne Restaurant, Saul Loeb, ”, Macron’s, Macron —, Viktor Orbán, he’s, Charles Kushner, Ivanka, Kushner, Ivanka Trump, Jared Kushner Organizations: CNN, Notre Dame Cathedral, Trump, Canadian, Hamas, Virginia Democratic, Utah Republican, City, “, Notre Dame, Getty, European Union, New British, Labour Party, EU, Party, Michelin, Eiffel, White, Trump — Locations: Paris, Canada, Mexico, Florida, Gaza, Virginia, Utah, Angola, Saharan Africa, Africa, Buenos Aires, AFP, France, Washington, Ukraine, Russian, Russia, Germany, Britain, Europe, Hungarian, New Hampshire, Manhattan

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