Environment

German energy prices are so high that some companies are considering leaving the country altogether, according to Siegfried Russwurm, head of the German Industry Federation (BDI). CNBC’s Annette Weisbach asked Russwurm whether the ongoing energy situation was “bad enough” for companies to relocate, to which he responded: “It is indeed.” “A lot of family-owned companies
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swissmediavision | E+ | Getty Images For those who hit the road to travel this summer, there is good news: Gas prices are substantially lower than they were last year. “What a difference a year makes,” said Andrew Gross, a spokesperson for AAA, the motoring and leisure travel membership organization. As of Friday, the national
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U.S. President Joe Biden delivers remarks at the League of Conservation Voters annual dinner in Washington, U.S., June 14, 2023.  Jonathan Ernst | Reuters Four of the country’s largest environmental groups have endorsed President Joe Biden‘s re-election bid despite disapproval from climate activists over his administration’s support of fossil fuel plans, including the approval of
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Here’s a rapid-fire update on all 35 stocks in Jim Cramer’s Charitable Trust, the portfolio we use for the CNBC Investing Club. Jim ran through each name during our June Monthly Meeting on Wedensday. Apple (AAPL): After jumping more 40% year-to-date, the iPhone maker’s stock looks somewhat expensive, at over 28-times forward earnings. But that’s not
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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stocks mixed Crude higher PANW downgrade 1. Stocks mixed The major U.S. stock benchmarks were mixed Monday, as the tech-heavy Nasdaq Composite climbed 0.4% while the Dow Jones Industrial Average
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Turkey’s President Recep Tayyip Erdogan has named former economy chief Mehmet Simsek as his new treasury and finance minister. Source: World Economic Forum In the unveiling of his new cabinet, Turkey’s President Recep Tayyip Erdogan named former economy chief Mehmet Simsek as his new treasury and economy minister, leading to some optimism that the country
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