After lobbying from the package-delivery industry, cargo pilots were excluded from new rest requirements for pilots that took effect in 2014. Those rules required a minimum of 10 hours of rest for passenger pilots in between flights. Rest requirements for cargo pilots remained at eight hours. “Cargo pilots are sharing the same airspace, flying into the same airports [as passenger pilots]. The company said its pilots fly fewer segments than passenger pilots and that the current rules give its pil

As online shopping becomes more popular over the Thanksgiving weekend, some retailers experienced outages amid the surge in traffic. Costco’s website went down entirely for a brief period of time early on Thanksgiving Day. Costco.com was experiencing “intermittent slow load and transaction times” starting late Wednesday, according to website performance monitor Catchpoint. Apparel retailer H&M’s website was also down for a short period, less than 5 minutes, on Thanksgiving morning, Catchpoint sa

Whether you take the prize as an annuity spread out over three decades or as an immediate, reduced lump sum, 24% is withheld for federal taxes. However, the top marginal tax rate of 37% would mean owing a lot more. For Friday night’s Mega Millions drawing, the cash option — which most winners go with — is $167.4 million. The 24% federal tax withholding would reduce that amount by $40.2 million. And, like the federal withholding rate on jackpot wins, the amount withheld for state taxes might also

The spotlight now turns to the House Judiciary Committee, which is set to hold its first impeachment hearing at 10 a.m. It will “also discuss whether your alleged actions warrant the House’s exercising its authority to adopt articles of impeachment,” Nadler told Trump in the letter. So far, Trump’s White House has refused to cooperate with the inquiry. But just like in the Intelligence Committee hearings, suggestions about witnesses must be approved by the Democratic chairman. “The White House i

It’s the focal point of a magical holiday for many American families: the Christmas tree, adorned with ornaments and bright lights. And hundreds of U.S. Christmas tree farms have closed in recent years as growers deal with tighter supply, shifting consumer preferences and climate change. But recovery for tree farmers from extreme weather is especially difficult, since a single disaster could wipe out a harvest for a decade. Last year, the Camp Fire blazed through the town of Paradise, California

Black Friday is still expected to be the busiest shopping day of the year. But restaurants don’t necessarily get a spending boost as consumers head out to snag deals. In fact, Black Friday 2018 was only the 14th best restaurant day in the holiday period. Big shopping days like Thanksgiving and Black Friday are days when restaurants tend to not perform as well, relative to a typical Thursday or Friday, the group said. The two worst days of the season for restaurant volume were Christmas Day and T

Bond funds are having a banner year. “BNDX from Vanguard is their global bond portfolio. There was no global bond ETF just a few years ago. Overall, the flight to bond funds tells Nadig that investors are seeking some protection. And for global markets and definitely emerging markets, the most money is usually made when things go from terrible to just bad, and I think that’s really what this dynamic is.”

Matt Post is too young to remember the last time the Supreme Court heard a case over gun control. On Monday, the Supreme Court is set to hear its first major Second Amendment case since 2010. The composition of the court has shifted since the court last heard a case involving gun legislation. The court established a loose framework for gun legislation in a pair of cases decided in 2008 and 2010. In the 2008 case, D.C. v. Heller, the court found that the Second Amendment protected gun ownership u

Barney Frank, a former leading House Democrat, told CNBC on Friday that former New York City mayor Mike Bloomberg has too much baggage to win the Democratic primary. As the campaign goes on, Frank said “there’s even more negative about him, more that will come out.” “If you were to measure negatives, he would have by far the biggest negative,” Frank said in a “Squawk Box” interview. The Bloomberg campaign said it will raise taxes on the wealthy, expand health insurance without eliminating privat

At least four traders at New York-based Morgan Stanley have been fired or placed on leave after reportedly concealing a loss of between $100 million and $140 million, a new report from Bloomberg News said. The traders in question allegedly mismarked, or purposely mis-priced, some emerging market currency trades, acccording to Bloomberg, which cited people with knowledge of the matter. At least some of the traders, who are based in New York and London, would be leaving the firm, the report said.

(Credit: NBC/NBCU Photo Bank via Getty Images)The ’90s fashion revival has past its peak. This revival of 1990s consumer tastes put certain brands like Fila and Supreme in the spotlight. The firm sees Zumiez, Guess and Under Armour as stocks that can rally from the death of the decade. Melodie Jeng | Getty ImagesDemand for street-wear and retro brands is slowing, the firm said. Jefferies also said VFC, parent company of shoe retailer Vans, is showing “durability” during the downfall of the ’90s

Former Rep. Barney Frank: Many Democrats have a problem with Bloomberg’s recordIn the latest Quinnipiac poll, former Vice President Joe Biden is back in the lead with 24% and a surprise jump to the second spot by South Bend, Ind. Mayor Pete Buttigieg. Former New York City Mayor Michael Bloomberg is tied for fifth place at three percent. Lanhee Chen, research fellow at the Hoover Institution, and former Congressman Barney Frank, join “Squawk Box” to discuss the state of the Democratic presidentia

Here’s the strategy behind the holiday shopping dealsThe CNBC team breaks down the start of the holiday shopping season and where to find the best deals on some of the biggest gifts.

Amazon.com (AMZN), Walmart (WMT) – These and other retailers are on watch after an upbeat start to the holiday shopping season. Early data from Adobe indicates that online shopping on Thanksgiving Day jumped about 19 percent from a year ago. VF Corp. (VFC) – The apparel maker is among the bidders for Italian Shoe brand Golden Goose, according to sources who spoke to Reuters. Wynn Resorts (WYNN) – The casino operator will receive a total of $41 million from former CEO Steve Wynn and insurance car

Shoppers also worried that tariffs imposed by President Donald Trump on Chinese imports would make their holiday shopping more expensive, though many large retailers had not raised prices to protect margins. While store traffic still remains an important indicator, a lot of shopping during Thanksgiving and Black Friday now happens online. Adobe Analytics, which measures transactions from 80 of the top 100 U.S. online retailers, estimates $7.5 billion in sales for Black Friday online, a growth of

Black Friday sales contribute to waste and overconsumption, a group of French lawmakers have said, arguing that the annual retail extravaganza should be banned. However, some French lawmakers have voiced their opposition against Black Friday due to the environmental impacts, as well as its focus on large online retailers at the expense of smaller businesses. “But the truth is that it is first and foremost an enormous commercial operation by big online retailers,” she said according to CNBC trans

Security forces had fired live rounds the previous day to disperse protesters from two key bridges, killing 31 people. In Baghdad, protesters gathered around the historic Rasheed Street near the strategic Ahrar Bridge and burned the Iranian flag, chanting “Iran out!” Four people were shot by security forces on the bridge the previous day. Security forces have used live fire, tear gas and smoke bombs to disperse crowds. A spokesman for the U.N. secretary-general expressed deep concern over the us

The Mini electric car is unveiled at the BMW group plant in Cowley, near Oxford on July 9, 2019. The BMW Group, together with China’s Great Wall Motor, is to construct a plant that will produce future fully-electric models of the famous Mini car brand. Alongside the manufacture of vehicles, the joint-venture will also focus on the “joint development of battery electric vehicles”, BMW said. The BMW Group is the latest major automotive firm to focus on e-mobility in China. In July, Renault and the

This is the choice that the U.K.’s two biggest parties are offering at the upcoming election, according one independent British think tank. The opposition and pro-social justice party, Labour, has promised a total revamp of the U.K.’s economics. On the other hand, the incumbents and pro-business Conservative Party has put forward a somewhat “modest” manifesto, according to the IFS. “It is hard to imagine two parties offering more different prospectuses to the British population,” Johnson told CN

In one video, she shows her followers what vaping lung illness really looks like under a microscope. Greater engagement on TikTok than other platformsLeslie is just one of the doctors who have recently started popping up on TikTok. But those who have taken the TikToK plunge say they are experiencing far greater engagement on content there than on other social media platforms. Jefferson Health’s Dr. Austin Chiang, one of the most active physicians on social media, recently joined TikTok after rea