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☆ Japan is giving free flights to international tourists, but it may backfire
▼ + stars: | 2024-10-11 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +6 min

Japan Airlines has offered free domestic flights to international tourists visiting Japan. AdvertisementJapan Airlines is giving free domestic flights to international tourists, making travel to smaller cities and hidden gems far easier. In order to obtain the free tickets, passengers must book round-trip international flights with Japan Airlines and domestic flights within the same purchase. PHILIP FONG/Getty ImagesThe move came after complaints about the behavior of international tourists, including littering and bad parking. Greenfield-Turk said Japan Airlines' initiative has the potential to stretch the economic benefits of mass tourism to less-visited areas.

Persons: —, Sara Aiko, Aiko, Marco Bottigelli, Ben Julius, Julius, PHILIP FONG, Duncan Greenfield, Turk, There's, Amy Thomasson, Travelmation, Thomasson, Monica Humphries Organizations: Japan Airlines, Service, Japan, Tourist Japan, Mount, BBC News, Turk, World, Tourism Council, Employment Locations: Japan, Tokyo, Kyoto, Canada, Mexico, Thailand, Australia, New Zealand, Vietnam, Philippines, Indonesia, India, China, Taiwan, Osaka, overtourism, Yamanashi, Mount Fuji, Greenfield

☆ A 2,000-year-old temple is being restored to its original spectacular colors, adding new meaning to its ancient Egyptian inscriptions
▼ + stars: | 2024-10-11 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +2 min

The temple of Edfu is over 2,000 years old and centuries of dirt had built up on its walls. All the grime covered vibrant colors that add a new layer of meaning to the inscriptions. Go to newsletter preferences Thanks for signing up! AdvertisementA restoration team is transforming the Temple of Horus from a dusty, grimy sight into a glimpse of the colorful masterpiece it once was. The temple is covered, up to its ceiling, with inscriptions, images, and hieroglyphs that Egyptians painstakingly created more than 2,000 years ago.

Persons: —, Horus, Edfu, Martin A . Stadler Organizations: Service, University of Würzburg, Egyptian Ministry of Tourism Locations: Edfu, Egypt

☆ I ski in Aspen at the same time every year. I've found the perfect travel dates to make trips cheaper and more fun.
▼ + stars: | 2024-10-11 | by ( Latifah Al-Hazza | ) www.businessinsider.com time to read: +1 min

I ski in Aspen every year and always prefer to go early in the season. Go to newsletter preferences Thanks for signing up! One of my favorite places to ski is Aspen. So, instead of waiting for the height of ski season in January and February, I typically head to Aspen Mountain (Ajax) and Snowmass at the beginning of December, sometimes days after their lifts open. Hitting the slopes early in the season has helped me make the most of the iconic ski spot.

Persons: — Organizations: Service Locations: Aspen, Colorado

☆ Why it’s OK to crave the taste of home when you travel
▼ + stars: | 2024-10-10 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +12 min

Enter, the American Bar. But, like the patrons of the American Bar before us, seeking out home comforts when abroad is still something we all do. The study was based on interviews with 330 people in the US, all questioned on how likely they’d be to try local foods when traveling. We learn to associate food with comfort – hence the term ‘comfort food,’” Brewer says. The American Bar at the Savoy has been a London hotspot since the late 1800s.

Persons: Richard D’Oyly Carte, Ernest Hemingway, Marilyn Monroe, “, ”, Andrea Di Chiara, couldn’t, Coke, Maggie Wong, Angel Gonzalez, ” Gonzalez, Judson Brewer, Brewer, Richard A, Brooks, ’ ” Brewer, Bridget Jones, Jungfraujoch, Kathrin Naegeli, Gonzalez, JACK HARDY, tellingly, Gerald Quadros, there’s, ” Brewer, we’re, ‘ I’d, ’ Organizations: CNN, American Bar, American, Future Market, Yorkshire teabags, California State University, Monterey Bay, Brown University, Getty, Jungfrau Railways, Noodle, Savoy, Langham Hotel, Random Locations: United States, Savoy, London, Hong Kong, Paris, Monterey, AFP, Europe, Swiss, Zurich, Denbighshire, Italy

☆ Hurricanes are becoming more frequent, violent, and costly — plus they're hitting jobs and economic growth
▼ + stars: | 2024-10-10 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +6 min

Hurricane Milton is battering Florida days after Hurricane Helene wreaked havoc on several states. The two events are the latest sign that hurricanes are becoming more frequent, more ferocious, and more costly. They're also hitting employment and economic growth, at least in the short term. They estimated that a Category 5 storm could lower fourth-quarter annualized GDP growth by 0.14 percentage points, from a forecasted 2.3% to below 2.2%. "Rebuilding should provide a boost to economic activity in those affected regions in subsequent months, and potentially years," Sweet told BI, quoting from his recent note.

Persons: Milton, Hurricane Helene, Helene, They're, Adam Smith, Jefferies, Harvey, Ian, Smith, Michael Mann, Ryan Sweet, Sweet, Mann, Implan Organizations: Service, Hurricanes, National Oceanic, Atmospheric Administration, NOAA, University of Pennsylvania, Oxford Economics, Boeing, Milton, Potsdam Institute, Climate Impact Research Locations: Florida, North Carolina, Milton

☆ China economy: Stock markets’ holiday optimism doesn’t spread to Chinese shoppers
▼ + stars: | 2024-10-10 | by ( Juliana Liu | ) edition.cnn.com time to read: +3 min

Hong Kong CNN —Global investors went wild during China’s just-concluded Golden Week holiday by snapping up “everything” related to the country. But that optimism didn’t extend to shoppers and travelers in the world’s second-largest economy itself. “Low tourism spending per head and subdued services prices highlighted still weak domestic demand and continued consumption downgrading,” they said. Goldman Sachs added that anecdotal evidence indicates hotel prices and airfares during the holiday were lower than year-ago levels. According to official data, cross-border travel rose by about 26% to 13 million trips, compared with last year’s holiday period.

Persons: Goldman Sachs, ”, Xi Jinping, David Tepper Organizations: Hong Kong CNN — Global, Citi, Management, CNBC, Hong, National Development, Reform Commission, Ministry of Finance Locations: China, Hong Kong, Shanghai, Shenzhen

☆ Emmanuel Macron has some strong views about ‘Emily in Paris’ heading to Rome
▼ + stars: | 2024-10-10 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —When Netflix’s hit show “Emily in Paris” revealed at the end of season four that its lead character was heading to Rome, it caught many viewers by surprise. “We will ask them to remain in Paris, ‘Emily in Paris’” in Rome doesn’t make sense,” he told Variety in an interview published Wednesday. His wife, Brigitte, made a cameo in season four when Emily spotted her in a café and asked for a selfie. Brigitte Macron (center) appeared in an episode where she posed for a selfie with Lily Collins as Emily (left) and Thalia Besson as Genevieve (right). Netflix“I was super proud, and she was very happy to do it,” Macron said about his wife’s cameo.

Persons: Netflix’s, Emily, Paris ”, Emmanuel Macron, ‘ Emily, Emily Cooper, Lily Collins, Darren Star, ” Macron, Brigitte, Brigitte Macron, Thalia Besson, Genevieve, “ It’s, Macron, “, ” Organizations: CNN, ”, Netflix’s, Netflix, France’s Locations: Paris, Rome, “, Chicago, France

☆ China's Golden Week holiday signals persistent consumer caution
▼ + stars: | 2024-10-09 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Passengers line up to check in at Chengdu Tianfu International Airport on October 6, 2024 as China's week-long National Day holiday draws to a close. China News Service | China News Service | Getty ImagesBEIJING — China's Golden Week holiday affirmed a trend in more cautious spending, while consumers put greater emphasis on experiences. The Golden Week holiday in China commemorates the founding of the People's Republic of China on Oct. 1. "The Golden Week consumption could still suggest a modest recovery versus August, in our view, due to trade-in subsidies (for appliances and autos) and consumption vouchers issued by the local governments," Peng said. During Golden Week, mainland China recorded 765 million domestic trips, up from both the prior year and before the pandemic, according to the Ministry of Culture and Tourism.

Persons: Goldman Sachs, Goldman, Trip.com, Kenneth Chow, Oliver Wyman, Chow, It's, Christine Peng, Peng Organizations: Chengdu Tianfu International, China News Service, Getty, BEIJING, China Film Administration, Consumers, CNBC, UBS, Ministry of Culture, Tourism Locations: Chengdu, China, People's Republic of China, Greater China, Japan, Thailand

☆ Russian climbers die on Nepal’s Dhaulagiri peak, hiking company says
▼ + stars: | 2024-10-08 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +1 min

KATHMANDU, Nepal — Five Russian climbers who have been missing on Nepal's Mount Dhaulagiri since the weekend were found dead on the world’s seventh tallest mountain, their hiking company said on Tuesday. There had been no contact with the climbers, scaling the 8,167-meter (26,795-feet) peak without Sherpa guides, since Sunday night, when they reached a height of 7,700 meters (25,262 feet). "They might have been tied to the same rope," said Pemba, who goes by his first name. "One of them could have slipped on the slope and all five fell together." Mountain climbing in a key tourism activity in Nepal, home to eight of the world's 14 highest mountains, providing crucial employment and income.

Organizations: Sherpa, Russian Locations: KATHMANDU, Nepal, Dhaulagiri, Pemba, Kathmandu

☆ Meet the Medical Tourists Getting Health Screenings on Vacation
▼ + stars: | 2024-10-08 | by ( Manisha Krishnan | ) www.businessinsider.com time to read: +15 min

AdvertisementLike Woodman, millions of Americans travel abroad for medical procedures each year, saving anywhere from 40% to 90% on the services they receive. Medical tourism comes with risks; the American Medical Association recommends going only to medical facilities recognized by international accrediting bodies and following up testing with care at home. It's unclear, though, how many medical tourists visit accredited facilities, and there's still the question of whether all these tests are useful for someone who is seemingly in good health. Related storiesSince COVID-19 came into the picture, health screenings and extensive physicals have received some buzz. As more people spend time abroad, it becomes easier to tack a few small medical tests onto your trip.

Persons: Josef Woodman's, —, Chapel Hill , North Carolina —, You've, Woodman, There's, Kim Kardashian, you've, you'd, that's, Bryn Elise, I'd, Elise, influencer, I've, it's, Paulo Neno, Neno, there's, Elise's, Kardashian, Prenuvo, Arturo Vargas Bustamante, Vargas Bustamante, Misael Uribe Ramos, Uribe Ramos, Imani Bashir, Bashir, Krishnan Organizations: Duke University Hospital, cabanas, CAT, American Medical Association, Joint Commission International, University of California, Commission, Centers for Disease Control, CDC, of Disease Prevention, Health, Disease Prevention, National Academy of Medicine, country's Ministry of Health, Labour, Welfare, United Arab Locations: Chapel Hill , North Carolina, Bangkok, Mexico, United States, Turkey, Illinois, Los Angeles, Médica, Mexico City, Japan, South Korea, Thailand, United Arab Emirates, Barbados, Cancún, Washington , DC, Brooklyn

☆ Chinese travelers trickle back to a Taiwanese island, mere miles from the mainland
▼ + stars: | 2024-10-08 | by ( Jan Camenzind Broomby | Marylou Costa | ) www.cnbc.com time to read: +5 min

All that separates the cafe from mainland China are 6 miles of choppy water and a row of anti-invasion spikes along the beach. A row of anti-invasion spikes line a beach on Kinmen, with the Chinese mainland in the distance. Source: Jan Camenzind BroombyAlthough China claims sovereignty over Taiwan, Chinese tourists were prevented from visiting Taiwan for years. But on Feb. 14, two Chinese citizens were killed during a collision between a Taiwanese Coast Guard boat and a Chinese boat, sparking an escalation of tensions. local business owners have felt the impact of the loss of Chinese tourists, who previously contributed nearly $200 million to Kinmen's annual economy.

Persons: Zhang Zhong, Zhang, Camenzind Broomby, Kinmen, Soldiers, Chen Hua Sheng, weren't, Wu Zeng Yun, Beddy Chang, she's, Wu Zeng Yun —, Wu, Lu Wen Shiung, Lu, Chen Yu Jen Organizations: Kinmen, Taiwanese Coast Guard, Taiwan's Mainland Affairs Council, Matsu Joint Services Center, China's Coast Guard, Chinese Coast Guard Locations: China, Taiwan, Beijing, Kinmen, Kinmen County, Covid, Matsu, Taiwanese

☆ I stayed in a glamping tent and a tiny house resort on a small island near Singapore. One was a better escape from city life.
▼ + stars: | 2024-10-08 | by ( Erin Liam | ) www.businessinsider.com time to read: +6 min

On a recent trip there, I spent one night in a glamping tent and the other in a tiny house. The tiny house was more comfortable, but the glamping tent felt like a proper escape from the city. Big Tiny, a tiny house startup in Singapore, launched Tiny Away on Lazarus in May last year. AdvertisementThe tiny house was more comfortableDespite the tent having a queen-sized bed (left), the author felt more comfortable in the tiny house (right). The glamping tent offered a more novel experienceThe author spent one night journaling in the glamping tent (left) and the other watching Netflix in the tiny house (right).

Persons: —, Lazarus, May, Ray Lee, Sam Wong, Prudence Lai, Erin Liam, cofounders, there's, unplug Organizations: Service, Sentosa Development Corporation, Singapore's Ministry of Trade and Industry, Singapore Zoo, Business, Netflix Locations: Lazarus, Singapore, Southern

☆ HMNZS Manawanui: New Zealand loses first naval ship since WW2 threatening oil spill off Samoan coast
▼ + stars: | 2024-10-07 | by ( Isaac Yee | ) edition.cnn.com time to read: +4 min

Acting Samoan Prime Minister Tuala Tevaga Iosefo Ponifasio said in a press statement Sunday that an oil spill was highly probable. “The HMNZS Manawanui is not recoverable and has sunk into the ocean,” he said. Numerous vessels and aircraft were sent to help, including a Royal New Zealand Air Force P-8A Poseidon and C-130J aircraft, the New Zealand navy said. Rescue teams responded to a call for help from New Zealand navy research ship HMNZS Manawanui. The HMNZS Manawanui was a relatively new addition to the New Zealand navy, having been purchased in 2018 for around $100 million NZD ($61 million), though it was built in the early 2000s.

Persons: Brian Rose, Judith Collins, “ It’s, It’s, ”, Divers, “ They’ll, Tuala Tevaga Iosefo Ponifasio, Dave Poole, ” Poole, Chris Luxon Organizations: CNN, New, RNZ, RNZ . New Zealand Defense, Newstalk ZB, Emergency Services, Royal New Zealand Air Force, New Zealand, Sunday, Rescue, Emergency Services Authority New Zealand Locations: Samoa, Upolo, New Zealand, Maninoa, RNZ ., Tafitaola, New

Instead, she estimates she’s lost upward of $15,000 since Hurricane Helene hit her Bryson City, North Carolina, bakery and vacation rental a week ago. Floodwaters receded quickly this week from downtown Bryson City, N.C. Courtesy Gianna CarsonA view of Bryson City shortly after Helene swept through, swamping local storefronts. The Folkestone Inn, a 10-room hotel in Bryson City, lost more than $10,000 within three days as at least 32 people canceled reservations through October, said co-owner Toni Rowe. Isaac Herrin lost most of the inventory in his boutique retail shop, Selah Collection, to flooding last week.

Persons: Gianna Carson’s, she’s, Hurricane Helene, who’ve, Gianna Carson, Helene, Gianna Carson Bryson, Carson, “ I’ve, ” I’ve, Bryson, Karen Proctor, Proctor, Toni Rowe, Isaac Herrin, ”, Herrin, Airbnb, Vrbo, ” Herrin Organizations: Hurricane, Yellowstone —, Chamber of Commerce Locations: Bryson City , North Carolina, Swain County, Smoky, Bryson City, N.C, Gianna Carson Bryson City, Swain’s, Asheville, Buncombe County, Swain, Folkestone, Bryson, n.c, “, Hendersonville, Carolinas, Florida, Georgia, Tennessee

☆ America’s best foods and the world’s greatest pizza
▼ + stars: | 2024-10-05 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. CNN —In travel news this week: how Japan led the world’s high-speed rail revolution, the couple who rode motorcycles round the world with three rescue dogs – plus we put the spotlight on America’s world-class cuisine. America’s greatest dishesFrom Louisiana gumbo to Hawaiian poke to the humble PB&J, the United States is home to many fantastic dishes. Here are CNN Travel’s picks of 20 of the best of them – see if your favorites made it to the table. The Italy-based 50 Top Pizza Awards revealed its 2024 list recently, and the winning restaurant wasn’t in Naples or Rome.

Persons: CNN Travel’s, Jane Satow, that’s, ”, who’ll, Trevi, –, it’s, Hurricane Helene Organizations: CNN, wasn’t, Manhattan’s, Greyhound, Trevi, Tourism Locations: Japan, Louisiana gumbo, United States, Italy, Naples, Rome, Virginia, French, Provence, Europe, Chicago, Australian, Trevi, Alaska

BANGKOK — A well-known elephant sanctuary in Thailand appealed for help on Friday after torrential flash floods forced the evacuation of about 100 elephants. Elephants wading through floodwaters at Elephant Nature Park in Chiang Mai, Thailand. The flooded Elephant Nature Park in northern Thailand. In recent weeks, northern Thailand has suffered severe flooding and landslides due to Typhoon Yagi, the most powerful storm to hit Asia this year. Elephant Nature Park was established in 2003 as a permanent sanctuary for elephants rescued from the logging and tourism industries by Saengduean.

Persons: Chiang Mai, Saengduean, Pitsuda Masith, Masith, Yagi, Nat Sumon, Peter Guo Organizations: Staff, NBC, Saengduean Locations: BANGKOK, Thailand, Chiang Mai, Asia, Southeast Asia, Bangkok, Hong Kong

☆ Asheville's vibrant arts scene has powered its economy. Rebuilding will be hard.
▼ + stars: | 2024-10-04 | by ( Alexandra Byrne | Alexandra Byrne Is A New York City-Based Reporter | Incoming Intern With The Nbc News Business | ) www.nbcnews.com time to read: +3 min

Visitors to Asheville’s Buncombe County spent nearly $3 billion last year, accounting for 20% of the county’s annual economy. “It has been a very vibrant tax base” as well, added Nadine Charlsen, who owns Northlight Studios on Depot Street and served as president of the River Arts District from 2018 to 2021. Asheville’s River Arts District in 2018. Nadine Charlsen, owner of Northlight Studios, Asheville, N.C. Andrea Kulish Wilhelm, an artist and teacher who specializes in pysanky, or Ukrainian Easter eggs, has been walking down to the River Arts District every day since Helene swept through.

Persons: Helene, ”, Max Trumpower, Hurricane Helene, Nadine Charlsen, Vic Isley, George Rose, Katie Cornell, ArtsAVL, she’s, Andrea Kulish Wilhelm, Kulish Wilhelm, can’t, Charlsen, ” Charlsen Organizations: Arts, Asheville, Visitors, “, Explore, Northlight Studios, River Arts District, Arts District, Pink Dog, Cornell Locations: Asheville, North, Hurricane, North Carolina, Asheville’s Buncombe, Explore Asheville, N.C

☆ A home on a private island paradise in Belize could be yours – for $4.5 million
▼ + stars: | 2024-10-04 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

Four Seasons Hotel & Resorts is set to turn Caye Chapel – a private island off the coast of Belize, in Central America – into a luxury club community with residences, estates, a five-star hotel and a championship golf course. Caye Chapel, shown here in a rendering, is targeting prospective homeowners with deep pockets. Included is access to a beachfront championship golf course designed by former world No. A nearby practice range can be converted to a par-three golf course in afternoons and evenings. It will not be the first golf course to have been built on the island.

Persons: Greg Norman, Larry Addington, Max Adler, Addington, Thor Urbana, Philip S, Johnny Briceño, ” Organizations: CNN, Resorts, Central America –, and Marine Reserve, Ocean, Belize Tourism, Goldson, Central America Locations: Belize, Central, Belize City, Kentucky, Mexican, Mexico, Thor, GFA, Neighboring Mexico, Costa Rica

☆ CEO says 'record numbers' of visitors are going to Dubai
▼ + stars: | 2024-10-04 | 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 EmailCEO says 'record numbers' of visitors are going to DubaiIssam Kazim, CEO of Department of Tourism & Commerce Marketing, explains what's behind the rise in visitor numbers.

Persons: Dubai Issam Kazim Organizations: of Tourism & Commerce Locations: Dubai

☆ Israel’s economy is paying a high price for its widening war
▼ + stars: | 2024-10-04 | by ( Hanna Ziady | ) edition.cnn.com time to read: +10 min

London CNN —In late September, as Israel’s nearly year-long war widened and its credit rating was downgraded yet again, the country’s finance minister, Bezalel Smotrich, said that, while Israel’s economy was under strain, it was resilient. Israel’s economy could shrink even more than that, based on a worst-case estimate by the Institute for National Security Studies at Tel Aviv University. Before the October 7 attack and ensuing Israel-Hamas war, the International Monetary Fund forecast that Israel’s economy would grow by an enviable 3.4% this year. Smotrich, the finance minister, is confident that Israel’s economy will bounce back once the war ends, but economists are concerned the damage will far outlast the conflict. Florion Goga/ReutersOther sectors of Israel’s economy, while less important than tech, have been hit much harder.

Persons: London CNN —, Bezalel Smotrich, ” Smotrich, Hassan Nasrallah, ratcheting, Karnit, ‘, Menahem Kahana, ”, “ Israel, “, Smotrich —, Flug, Ahmad Gharabli, Fitch, —, Coface, Avi Hasson, Hasson, Florion Goga, Yaron Liberman, ” Liberman Organizations: London CNN, CNN, West Bank, United Nations, BMI, Fitch Solutions, Institute for National Security, Tel Aviv University, International Monetary Fund, of Israel, Getty, Bank of Israel, Israel Democracy Institute, Institute for National Security Studies, Moody’s, Startup Nation Locations: Lebanon’s, Beirut, Israel, Lebanon, Gaza, Israel’s, Iran, AFP, Egypt, Syria, Golan, Jerusalem's Old City, United States, Tel Aviv, housebuilding . Tourism

☆ Chiang Mai: About 100 rescued elephants escape flash floods at popular sanctuary in northern Thailand
▼ + stars: | 2024-10-03 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +4 min

Dramatic video and images from the Elephant Nature Park near the city of Chiang Mai showed dozens of elephants wading through belly-deep water to find safety on higher ground. A view of the flooded elephant sanctuary in Chiang Mai, Thailand. Elephant Nature ParkThe Elephant Nature Park is an elephant rescue and rehabilitation center in the Chiang Mai countryside that has rescued more than 200 elephants from the tourism and logging industries since its inception in the 1990s. Rescue workers evacuate animals to higher ground at Elephant Nature Park after severe flooding caused the nearby river to overflow in Chiang Mai, Thailand. Elephant Nature ParkSeveral villages in Chiang Mai’s Mae Rim district have been inundated by water from upstream runoffs, local media reported Thursday.

Persons: Chiang Mai, Chailert, “, Saengduean, ”, Typhoon Yagi, ” Saengduean Organizations: Bangkok CNN, CNN, Facebook Locations: Bangkok, Thailand, Chiang Mai, Northern Thailand, Chaing Mai, Chiang, Mae Rim

☆ Boeing, Virgin Galactic settle lawsuit over work on Virgin 'mothership'
▼ + stars: | 2024-10-03 | by ( ) www.cnbc.com time to read: +2 min

Boeing and Virgin Galactic have settled a lawsuit stemming from Boeing's work on Virgin Galactic's space tourism "mothership," according to a Thursday filing in Virginia federal court. Virgin Galactic attorney Brett Williamson and Boeing said in emails that the lawsuit was "satisfactorily resolved by mutual agreement of the parties." Boeing sued Virgin in March, accusing it of stealing trade secrets and refusing to pay $25 million owed for Boeing's work. Virgin said it was entitled to monetary damages of at least "the difference between the $45.6 million paid by Virgin Galactic to Boeing and the substantially lower actual value of Boeing's performance." The case is The Boeing Company and Aurora Flight Sciences Corp v. Virgin Galactic LLC, U.S. District Court for the Eastern District of Virginia, No.

Persons: Richard Branson, Brett Williamson, countersued, Virgin Organizations: Virgin Group Ltd, Virgin Galactic Holdings Inc, New York Stock Exchange, Boeing, Virgin Galactic, Virgin, Eastern, Virgin Galactic's, Boeing's Aurora Flight Sciences, Boeing Company, Aurora Flight Sciences Corp, Virgin Galactic LLC, of Locations: New York, U.S, Virginia, Virgin, California, of Virginia

☆ China's economic woes dampen 'Golden Week' holiday travel
▼ + stars: | 2024-10-01 | by ( Anniek Bao | In | ) www.cnbc.com time to read: +3 min

Passengers arrive at the Beijing railway station on the first day of peak travel ahead of the National Day holidays in China's capital city on Sept. 29, 2023. China is expecting to see more travelers during Golden Week, but the country's persistent economic woes will likely continue to weigh on overall spending this holiday season. Prices for both domestic and outbound flights during the National Day period declined compared to last year, according to report by Trip.com released last month. During the Golden Week holiday last year, China saw domestic tourism revenue reach 753 billion yuan ($107.37 billion). By comparison, a single-day record of 20.7 million trips were made on May 1, the start of China's Labor Day holiday.

Persons: Shaun Rein, Rein, Trip.com, Alicia Garcia Herrero Organizations: Golden, Authorities, Ministry of Transport, China Market Research Group, Ministry of Culture, National Railway Administration, China's Labor, Tourism Locations: Beijing, China's, China, Tourism

☆ With Hurricane Helene disrupting travel, here’s what fliers need to know
▼ + stars: | 2024-10-01 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

Men inspect the damage from flooding in the aftermath of Hurricane Helene on Sept. 28, 2024 in Asheville, North Carolina. Hurricane Helene made landfall Thursday in Florida as a Category 4 storm, leaving a swath of wind- and flood-related damage across Florida, Georgia, North Carolina, South Carolina, Virginia and Tennessee. Airlines make concessions in some casesDamage to a store in Valdosta, Georgia, from Hurricane Helene. Michael M. Santiago | Getty Images News | Getty ImagesSome airlines are making concessions tied to Hurricane Helene, though they vary by carrier and geography. For example, American Airlines, Delta Airlines and United Airlines have alerts about flooding in the Southeast.

Persons: Hurricane Helene, Sean Rayford, Eric Napoli, Helene, Taylor, Napoli, Michael M, Sally French Organizations: Getty, North Carolina Department of Transportation, U.S . Department of Transportation, Finance, Santiago, Hurricane, American Airlines, Delta Airlines, United Airlines, Valdosta ., Delta Locations: Hurricane, Asheville , North Carolina, Southeast U.S, U.S, Florida, Florida , Georgia, North Carolina, South Carolina, Virginia, Tennessee, Valdosta , Georgia, Georgia, Valdosta, Valdosta . United, Augusta , Georgia, Asheville

In a statement, the company said it was no longer operating, extended its condolences to relatives of the victims, and noted it has cooperated with the Coast Guard and National Transportation Safety Board investigations. Neubauer said the testimony gave important insight into the potential motivation in Rush and his company. Peter Girguis, a Harvard University professor and oceanographer who monitored the hearing, told CNN evidence of Rush’s ego-driven approach and heedlessness to repeated safety concerns appears to loom large in the disaster. Specifically, the letter alleged the language on OceanGate’s website was “confusing and misleading” and implied the Titan was “classed,” meaning certified to industry standards. The letter took issue with OceanGate’s decision not to try to get the Titan classified.

Persons: Jason Neubauer, ”, OceanGate, Stockton, Rush, Shahzada Dawood, Suleman Dawood, Hamish Harding, Paul, Henri Nargeolet, Neubauer, …, Peter Girguis, “ Stockton, ” Girguis, ” Neubauer, Karl Stanley, Stanley, ” Stanley, “, ” Donald Kramer, Stockton Rush, He’s, Amber Bay, Phil Brooks, OceanGate’s, Brooks, couldn’t, –, William Kohnen, Kohnen, ” Kohnen, ” Rush, CNN’s Dakin Andone, Eric Levenson Organizations: CNN, Coast Guard, Titan, Marine Board, Stockton Rush, Authorities, Atlantic, Marine Board of Investigation, National Transportation Safety, Harvard University, “ Stockton Rush, US Justice Department, National Transportation Safety Board, Justice Department, Stockton, Marine Technology Society, OceanGate Locations: Everett, Washington, English, Honduras, Stockton, Amber, paychecks, OceanGate, ‘, “ Stockton, North Charleston , South Carolina

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