Since launching Airbnb in 2008, CEO Brian Chesky has pretty much heard and seen it all when it comes to customer complaints. They said because the house is haunted and there’s a ghost,” Chesky said at The New York Times DealBook event on Nov. 6. Chesky said he expected the hosts to say there was no ghost and that would be the end of it. “The host confirms the ghost [but] says that it’s a friendly ghost named Stanley and that the ghost is in its listing description,” Chesky said. Sure enough afte

How a 27-year-old making $112,000 outside of Chicago spends her moneyGabriela Ariza, 27, lives in Brookfield, Illinois, and earns $112,000 a year as a cybersecurity specialist and side hustler. This is an installment of CNBC Make It’s Millennial Money series, which profiles people across the U.S. and details how they earn, spend and save their money.

Stacey Abrams is a Yale-trained lawyer, an author and a politician who gained national attention in 2018 when she ran as Georgia’s democratic candidate for governor. “The spreadsheet is how I concretize how I intend to get there,” she told CNBC Make It at The Riveter Summit. “I like to say that until you write down how you plan to get there, it’s just a wish. Abrams said her spreadsheet, which she started as a teen, forces her to think about the direction she needs to take in order to reach a sp

London’s transport authority has launched a trial of an “on-demand” minibus service in the borough of Ealing, in the west of the city. In an announcement Wednesday, Transport for London said the service would operate between 6:00 a.m. and 1:00 a.m., costing £3.50 ($4.50) for a single trip. Transport for London, bus firm RATP and MOIA, a German technology business, are providing the service. Around the world, ride-hailing services such as Didi Chuxing, Uber, Lyft and Ola have become increasingly

Airbus BelugaXL super transporter aircraft arrives for the first time at the company’s wing assembly plant at Broughton, near Chester, Britain February 14, 2019. Airbus’s new BelugaXL aircraft has taken a big step towards full service after being awarded “Type Certification” from the European Aviation Safety Agency (EASA). The super transporter is one of the largest aircraft in existence and is used to airlift completed sections of planes from different manufacturing sites in Europe to Airbus’s

In an era of negative interest rates in Europe, monetary policy should not be geared towards appeasing the banking sector, BNP Paribas Chairman Jean Lemierre has said. European banking chiefs have long bemoaned long-term low and negative interest rates as placing a burdensome squeeze on lenders’ profits, but Lemierre insisted it is the role of banks to adapt to a changing monetary environment. “It is not easy, but our job is to adapt and monetary policy shouldn’t be designed for banks,” Lemierre

A demonstrator carries an Iraqi flag during ongoing anti-government protests in Baghdad, Iraq November 4, 2019. Some 300 people have been killed and more than 2,000 injured as protests rocking the country of 38 million draw a harsh response from state security forces and other unidentified entities. Some 5,000 American troops remain in the country, providing training and security assistance and supporting a U.S.-led coalition fighting what remains of ISIS. Demonstrators run as Iraqi security for

Saudi Arabia needs the initial public offering (IPO) of its state oil company to be successful as it needs to attract outside investment and, frankly, it needs the money, the former chief of the CIA David Petraeus told CNBC Thursday. “The bottom line is that they need the money, they need that outside investment that is crucial to delivering ‘Vision 2030’ which cannot be realized without outside investment, this is just one component of a number of different initiatives that they’re pursuing to

Markets search for direction ahead of the open1 Hour AgoU.S. stock index futures suggested a flat to lower open on Thursday morning. Market focus is largely attuned to global trade developments, as investors closely monitor the extent of progress between the world’s two largest economies. CNBC’s Rahel Solomon reports.

DETROIT – Ford Motor is expanding its iconic Mustang franchise to include the automaker’s first-ever, all-electric SUV: the Mustang Mach-E. Ford, prior to announcing the name on Thursday, had been referring to the Mach-E as a “Mustang-inspired” SUV rather than a product that would bear the name and logo. The automaker declined to provide additional details regarding the decision to make the all-electric SUV a Mustang. It’s likely a play for the vehicle to stand out in an increasingly crowded EV

Deval Patrick is joining the 2020 Democratic presidential primary, expanding an already jammed field less than three months before nominating contests start. Some Democrats have worried about the ability of contenders Joe Biden, Elizabeth Warren and Bernie Sanders to defeat President Donald Trump next November. Patrick, who was the governor of Massachusetts from 2007 to 2015, carries his own baggage into presidential race as he was a managing director at investment firm Bain Capital. He aims to

“The trade war was begun with adding tariffs, and should be ended by canceling these additional tariffs. Gao did not specifically address a comment from Trump last Friday that he had not agreed to remove tariffs on Chinese products. The Commerce Ministry spokesperson also did not directly comment on news reports that a challenge to reaching a trade agreement is China’s unwillingness to put specific amounts of U.S. farm purchases into writing. In the meantime, data and anecdotal evidence indicate

A strong grocery business helped Walmart’s online sales grow 41% in the third quarter, the company said on Thursday, fueling an earnings beat. But Walmart raised its annual earnings outlook ahead of the holiday season. Sales online and at Walmart stores operating for at least 12 months in the U.S. were up 3.2%, topping estimates for growth of 3.1%. Looking to the full year, Walmart now expects adjusted earnings per share for fiscal 2020 to “increase slightly” compared with last year. The retaile

Yahoo Japan, which last month changed its name to Z Holdings, said on Thursday discussions were underway with Line but nothing had been decided. SoftBank, which owns almost half of Z Holdings, also acknowledged the talks. Shares in Z Holdings, which had a stock market value of about $17 billion at Wednesday’s close, jumped 16% in Thursday trading. SoftBank’s PayPay recently hit 19 million users through aggressive marketing, while Line Pay can tap the 82 million Japanese users of the Line app. Z

Secondary school students attend a rally at Edinburgh Place in Hong Kong on August 22, 2019. Anthony Wallace | AFP | Getty ImagesEven after months of protests and escalating violence, Hong Kong is still a “very good proxy” for foreign investors wanting to access the vast China market, an economist said on Wednesday. “Since 1997, (Hong Kong) has really evolved from quite a broad-based international financial center to now, a more China-centric offshore center. So if we take that into consideratio

European stocks traded slightly lower Thursday morning as trade negotiations between the U.S. and China are understood to have hit a roadblock. The pan-European Stoxx 600 edged 0.15% below the flatline, with autos slipping 1.5% to lead losses while food and beverages added 0.4%. Just one month after agreeing in principle on the so-called phase one of a trade deal, the world’s two largest economies have reached a stalemate in negotiations. Asian stocks were mixed during Thursday afternoon trade a

Anthony Anderson, star of ABC sitcom “Black-ish,” and Los Angeles Lakers shooting guard Danny Green have a new beer commercial with a message that might seem counterintuitive: Drink water between beers. The new two-minute spot encourages viewers to “hydrate between Buds,” and features Anderson becoming a hotshot basketball coach thanks to the powers of water — even double-fisting during a post-game celebration with a Budweiser and a water bottle. The new spot, part of Anheuser-Busch InBev-owned

Market players are largely focused on U.S.-China trade talks, after reports suggested that there is an impasse over issues such as agricultural products and intellectual property. ET, the yield on the benchmark 10-year Treasury note , which moves inversely to price, was higher at around 1.8704%, while the yield on the 30-year Treasury bond was also higher at around 2.3509%. ET, New York Fed President John Williams will be speaking in San Francisco at 09:00 a.m. ET and Chicago Fed President Charl

China’s securities regulator is investigating one of the country’s richest men for alleged violation of disclosure rules as a director of surveillance camera giant Hikvision, the company said. Directors Gong Hongjia and Hu Yangzhong had been named as suspects and would cooperate with the investigation by the China Securities Regulatory Commission (CSRC), the firm said in a filing to the stock exchange on Wednesday. Gong is a Hikvision vice chairman and the firm’s largest individual shareholder w

Indicators showed other sectors also slowing significantly and missing forecasts with retail sales growth back near a 16-year trough and fixed asset investment growth the weakest on record. Other data on Thursday showed China’s property investment growth in the first 10 months of the 2019 slowing year-on-year. Thursday’s data also showed fixed asset investment, a key driver of economic growth, grew 5.2% from January-October, against expected growth of 5.4%. On Wednesday, China’s State Council sa