Global Business

Rio de Janeiro hopes to become South America’s digital nomads paradise

May 22, 2020

Robots are helping us fight COVID-19

Disease-proof robots are working to help prevent the spread of the coronavirus. See how companies are developing artificial intelligence to do jobs that can help human health.

May 22, 2020

Cattle ranchers struggle during coronavirus pandemic

The COVID-19 pandemic has put the strain on the cattle industry and demand and prices have dropped significantly. CGTN’s Alasdair Baverstock talks to ranchers in Texas to learn more.

May 22, 2020

Faces of unemployment: Theater workers

Hear from theater workers on how their industry has been impacted by the coronavirus pandemic, and how uncertain their future is as part of our series: Faces of unemployment.

May 13, 2020

City vs. Suburbs: Coronavirus makes some rethink where to live

As the coronavirus seems to impact more densely populated areas more severely than rural regions, it has many Americans rethinking where they want to live. A new poll indicates nearly one-third of Americans are thinking about moving to the suburbs from an urban community.

May 13, 2020

Stay-at-home orders puts real estate in uncharted territory

Spring is usually the hottest buying and selling time when it comes to real estate in the United States. However, the coronavirus has put the industry in an awkward position with agents showing homes remotely.
In all, it has led to a more than eight percent drop in home sales in March.

May 12, 2020

Circus group in Colombia vows show must go on

The saying is: The show must go on. One circus group in Colombia is doing everything it can for its show to continue amid the coronavirus crisis.

A big change is the group is moving from the big stage to the small screen.

May 12, 2020

Coronavirus crisis shines new light on U.S. food processing plants

The coronavirus crisis in the United States is shining a new light on the safety of U.S. food processing plant employees. More than 10,000 coronavirus infections are now tied directly to meat processing plants.
CGTN’s Hendrik Sybrandy reports on the outbreaks from Colorado.

May 12, 2020

COVID-19 concerns may place new guidelines on beaches

Warmer weather is starting to take shape throughout much of the United States, meaning more people will be leaving their homes and heading outside. For coastal communities, that means a return to the beach.

But, as COVID-19 continues to cause concern throughout the United States, beaches may not be the refuge they once were.

May 8, 2020

Puzzle popularity surges as coronavirus crisis continues

With so many in the US sheltered in, people are looking for new forms of entertainment to keep them occupied.

And puzzles are gaining in popularity with sales in some cases increasing by 400 percent.

May 8, 2020

Coronavirus pandemic highlights economic divide

The coronavirus pandemic is shining a light on an on-going problem in the United States, economic inequality.

As many businesses shift to work-from-home, a large majority of low-income workers are left without options.

May 8, 2020

Lockdown orders puts new strain on marriages

Wedding season has begun in many parts of the world. But, the number of couples tying the knot has fallen this year, mostly due to COVID-19 restrictions.

In the United States, marriage rates were already in decline, but the impact of a global pandemic is also bringing extra stress to the family dynamic.

May 7, 2020

Prestigious startup program tackles COVID-19

It’s one of the most prestigious startup programs in Silicon Valley—the Stanford-based StartX.

The program says their startups are nearly three times more likely to reach a $100 million dollar valuation and that more than 90-percent of its venture-backed startups are still growing.

But now it’s taking on a new challenge—COVID-19.

May 7, 2020

Coronavirus has negative impact on U.S. lottery sales

The coronavirus crisis in the United States is forcing people to stay inside their homes. A downstream impact are state lotteries, which have seen sales plummet in the past few months.

May 7, 2020

Etsy and Shopify stocks surge with strong mask sales amid shelter-at-home orders

Stocks of e-commerce platforms Etsy and Shopify initially fell along with the broader market amid the coronavirus outbreak in the U.S. But after masks became an essential and more people have turned their side hustle into their main gig, the two companies shares have soared.

May 6, 2020

Class of 2020 graduates amid uncertain times

The Class of 2020 started the year looking forward to graduating into one of the hottest job markets in a long time.
But now, many have seen their job offers and internships disappear.

May 6, 2020

Big U.S. businesses got a large portion of loans meant for small businesses

The U.S. federal government’s emergency lending program for small businesses recently allocated an additional 310 billion dollars after the first round of money ran out in just two weeks. Part of the problem is big businesses got a big chunk of the money meant for small businesses.

May 6, 2020

Amazon plans new jobs in Colombia

Online retailer Amazon says it plans to create one thousand new jobs in Colombia. Analysts say the move comes at a good time as Colombia deals with rising unemployment because of the coronavirus.

May 6, 2020

As unemployment rises, debt level for millennials spirals

As millions of Americans file for unemployment benefits, one group is being especially hit hard. Experts say millennials are one group that is increasingly vulnerable, with debt levels constantly rising.

May 5, 2020

Computer sales soar as more people work from home

As more people around the globe work from home, what was once a flat-lining business is now thriving. Sales of computers and accessories are now thriving.

May 5, 2020

Podcasting during COVID-19

Podcasting is a booming industry. With millions now sheltered at home, you’d think listeners would now be at an all-time high. You might be surprised.

May 5, 2020

Researching COVID-19 antibodies

The COVID-19 cure could be in the bloodstream of those whose immune systems rallied to defeat the coronavirus.

May 5, 2020

Will California enter stage 2 of reopening?

California may reopen many of its retail businesses as early as Friday.

May 5, 2020

Colorado begins reopening

More and more U.S. states are easing pandemic restrictions and allowing businesses to reopen.

May 5, 2020

Amazon eyes Colombia for jobs

E-commerce giant Amazon announced the creation of 1,000 jobs in Colombia.

May 5, 2020

Mexican students develop respirators

During the COVID-19 pandemic, hospital capacities and medical supplies are a concern across the globe. After seeing this problem in Mexico, one team of space travel engineers has joined forces to help fight supply shortages.

May 5, 2020

Pet adoptions spike as social distancing rules remain in place

The spread of the coronavirus has made social distancing the norm. With it, an increase in loneliness and isolation. But, a potential bright spot has also emerged, a surge in pet adoptions and fosters.

May 1, 2020

TV pilot season delayed amid the pandemic

Major American broadcasters use the so-called “pilot season” in the spring to come up with their new television shows. It typically runs from February to May – but COVID-19 restrictions brought most productions to a halt, throwing the entire broadcast industry into limbo. Experts in show […]

May 1, 2020

‘W-shaped’ recovery may be too optimistic, Fed’s Powell suggests

Fed Chair Jerome Powell says economic activity will stop and start for months to come, until an effective treatment or vaccine for the novel coronavirus can be found.

April 30, 2020

Struggling retailers in the U.S. stop paying rent

Retailers have been hit hard by coronavirus related closures in the United States. With most stores closed and unemployment skyrocketing, sales are down sharply and many retailers can’t afford to pay the rent.

April 23, 2020

The Essential People: Risking their lives during coronavirus pandemic

Workers in sectors that governments deem essential are risking their lives during the coronavirus pandemic. Hear their stories in our ongoing series: The Essential People.

April 17, 2020

U.S. companies alter approach to keep people safe

Amid the COVID-19 pandemic, countless U.S. companies have pivoted their operations to meet the market needs. Business owners from distillery and 3D printing company in Colorado shared about their experience.

April 14, 2020

The Argentine Cooperative making safety equipment

Argentina has entered its third week of lockdown, and the halt in activity is hitting the economy hard. Faced with a slump in orders for magazines, one factory has switched to making basic protective equipment.

April 14, 2020

Tanked oil prices, the pandemic and U.S. sanctions take a toll on Venezuela

The collapse in global oil prices, along with the coronavirus and U.S. sanctions, is putting severe pressure on the Venezuelan government.

April 7, 2020

Drive-in movie theaters see comeback amid COVID-19 pandemic

Amid the clubs and theaters shut down over coronavirus, one American tradition is seeing something of a comeback, the drive-in movie theater.

April 7, 2020

Unemployed tenants struggle to pay rent in high-cost cities

In the fallout of the coronavirus outbreak, more than 10 million Americans have filed for unemployment benefits, an all-time record.

March 25, 2020

Cuban rivers run clean

The rivers in the central Cuban province of Cienfuegos were the subject of tests for water quality by a joint expert team of Cuban and U.S. scientists, who collected water and sediments samples in 25 local river basins only to find out that they were relatively free of pollution.

February 24, 2020

Step inside Tesla’s Gigafactory as work resumes amid COVID-19 outbreak

With the support and assistance of the municipal government, Shanghai Tesla Gigafactory resumed complete production in China on February 10.

February 21, 2020

Women are driving the fastest growing sector in digital health

CGTN’s Karina Huber spoke with Maven’s founder and CEO, Kate Ryder. Maven is one of the top companies in the woman-focused digital health industry. The international online clinic tripled its client base in 2019 and has raised $88 million in venture capital.

February 20, 2020

Critics question sustainability of plan to save Miami’s beaches

Beach towns in the U.S. are doing what they can to tackle climate change, population growth and coastal development. Still, critics are skeptical about how sustainable beach nourishment is, in the long run.

February 11, 2020

25th annual Los Angeles Art Show showcases culture and diversity

The Los Angeles Art Show marked its 25th anniversary with its largest ever lineup of art programming. Over 70 people are expected to attend this year’s fair with over 120 galleries and art institutions represented from more than 20 countries.

February 7, 2020

IndieBio helps entrepreneurs build ground-breaking biotech

Twice a year, 15 early stage biology companies move to downtown San Francisco to take part in an intense four-month program that moves beyond their PhD’s and post-doctoral training.

February 5, 2020

Colombia expands visa regulations for Venezuelan migrants

There were approximately 4.6 million Venezuelans living outside of their country and that number is growing rapidly. Neighboring countries are receiving an influx of refugees but Colombia is leading the way with efforts to regulate their status.

January 23, 2020

The race is on for plant-based and biodegradable footwear

This year’s game-changing trend in sustainable consumer goods may be plant-based athletic shoes. Karina Huber has more.

January 21, 2020

Uber pulls out of Colombia following judicial ruling

Colombia will become the first Latin American country to ditch the ride-sharing app Uber.

January 14, 2020

U.S. tariffs impact Scotch whisky

Scotland’s whisky industry wants the European Union to resolve its export tariff row with the United States.

January 14, 2020

U.S. outdoor industry wants all tariffs lifted soon

Among those welcoming the first phase of the U.S.-China trade deal are members of the U.S. outdoor recreation industry.

January 10, 2020

The future of Boeing

Boeing, one of the world’s biggest aerospace companies, became a household name in 2019 after its 737 Max aircraft were involved in two fatal plane crashes. That aircraft was grounded and still remains out of the skies with no clear sign as to when it could return.