Global Business

Rep. George Santos scandal rocks Congress

September 22, 2021

Running group introduces people to AAPI neighborhoods in NYC

A group of young Asian Americans living in New York City are raising awareness about discrimination with their feet

September 22, 2021

California invests billions in tech to fight wildfires

This year, California allocated $2 billion of its budget to firefighting — the highest amount to date.

September 1, 2021

Agricultural industry remains optimistic following difficult year

Thousands of farmers and agricultural manufacturers are gathering in Illinois for the Farm Progress Show.

September 1, 2021

Coffee prices increasing due to severe weather in Brazil

A cup of coffee in the U.S. could soon start costing you more. Wholesale coffee prices are increasing because of bad weather in Brazil, the world’s largest coffee producer.

August 25, 2021

San Francisco enacts strictest U.S. vaccination proof rule

For many San Francisco businesses, it’s now — no vaccine, no service. Since last Friday, the city implemented the strictest vaccination proof requirement in the U.S. See the latest.

August 6, 2021

As U.S.unemployment drops again, employers grapple with too few staff

The unemployment rate dropped to 5.4% last month after the U.S. added nearly a million jobs for a second successive month. But, in Louisiana, fishermen can’t find enough hands on deck. See more.

August 6, 2021

Venezuela lops 6 zeros off currency

Venezuela is taking steps to make its currency less cumbersome. With inflation running at over 25,000 percent a year. People need a lot of bolivars to buy the simplest things. And, the government’s answer — lose a lot of zeroes.

August 6, 2021

Cybersecurity conference goes ahead in Las Vegas

While medical experts scramble to control a pandemic, tech experts at the Black Hat conference in Las Vegas take on viruses of another kind. Find out more.

July 29, 2021

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

On July 1, Rio’s City Hall launched a project which offers lower prices to travelers who sign onto long term packages with certified hotels and hostels and special six-month visas that could be extended for up to one year.

July 29, 2021

Federal Reserve keeps interest rates unchanged

The U.S. Federal Reserve has left interest rates unchanged at near zero, saying the U.S. economy continues to “strengthen.”

July 27, 2021

Mini-golf course teaches player about climate change threat

There is a new attraction in New York City that is looking to entertain and educate.

July 20, 2021

Jeff Bezos takes test flight for commercial space travel

Ten days after the founder of Virgin Galactic made his first trip into space, the founder of Amazon is preparing to do the same.

July 20, 2021

Favela solar project helps reduce utility bills

Developed by a nonprofit organization, the project is helping residents save money while increasing awareness about the benefits of solar power.

July 20, 2021

Chileans head to polls for presidential primaries

On Sunday, Chile will hold presidential primaries ahead of November’s presidential election, while lawmakers work on drafting a new constitution for the nation.

July 15, 2021

Many products in Mexico affected by global chip shortage

See how the global chip shortage is affecting computer and other electronic products in Mexico.

July 15, 2021

Shein seeks to attract more customers during the pandemic in Mexico

Shein, a Chinese e-commerce clothier, is finding ways to attract new online customers through the physical marketplace in Mexico. See the latest.

July 14, 2021

New York hotels evict homeless people given shelter during pandemic

Tens of thousands of homeless have been staying in hotels across the U.S. paid for by federal programs aimed at preventing the spread of COVID-19.

July 14, 2021

Federal Reserve Chairman testifies on inflation, interest rates

The Fed expects inflation to cool – possibly later this year – and raising rates too early could stall the post-pandemic recovery.

July 7, 2021

Global microchip shortage adds to stress to auto industry

The auto industry has hit one road bump after another since the start of the pandemic.

July 2, 2021

New Endeavors: Culture confidence – Dunhuang Art

This new found appreciation for Chinese culture, is being helped along with new technology and new ways to interpret ancient works of art. The town of Dun-huang, is famous for its murals painted in a network of caves. Now technology is allowing more people […]

June 23, 2021

More Americans demand billionaires pay larger share of taxes

There are growing calls to overhaul the U.S. tax system after a report revealed how little federal income tax is paid by some billionaires.

June 23, 2021

UN backs Cuba’s demand for U.S. to lift trade embargo

The U.N. General Assembly on Wednesday backed Cuba’s resolution demanding the lifting of U.S. trade restrictions which date back more than 60 years.

June 19, 2021

Despite unemployment, businesses struggle to fill jobs in the U.S.

Why is it so hard to fill jobs in the U.S. even as hiring picks up after reopening? Find more here.

June 16, 2021

Cuba announces reforms to expand small and medium private business

The Cuban government recently announced it is expanding opportunities for small and medium private enterprises.

June 16, 2021

Prices for used vehicles surge in recent months

If you’ve tried shopping for a car lately in the U.S. you know: prices of used vehicles are going up. In fact, according to the car-research site Edmunds, the average value of used cars traded in for another purchase reached an all-time high in March […]

June 16, 2021

San Francisco nears herd immunity

San Francisco – one of the first U.S. cities to impose shelter-in-place orders to curb the pandemic – may also be on the verge of becoming the first U.S. city to achieve herd immunity. CGTN’s Mark Niu reports.

June 16, 2021

Game companies show off new software as E3 returns following pandemic cancellation

The Electronic Entertainment Expo, better known as E3, draws tens of thousands to the Los Angeles Convention Center every year.

June 14, 2021

AMC sees rollercoaster on Wall Street after becoming “meme stock”

AMC Entertainment’s share price has been on a wild ride in recent weeks as meme stocks have made a comeback on Wall Street. While GameStop made the bulk of the headlines earlier this year, AMC is now trading more than 1000 percent higher than it […]

June 10, 2021

Multi-factor authentication under scrutiny after pipeline attack

It carries nearly half the fuel consumed along the entire East Coast of the United States. And the cyberattack that shutdown the Colonial Pipeline last month was enough for panicked buyers to run some gas stations dry. Now it’s emerged that those behind the attack […]

June 10, 2021

FDA approves controversial Alzheimer’s drug

Tens of millions of people worldwide suffer from Alzheimer’s, a form of dementia. There is no cure and treatments are limited. But a new drug that has controversially just been approved by the U.S. Food & Drug Administration is providing hope it could delay the […]

June 9, 2021

Cruise industry struggles to bounce back from pandemic

The U.S. travel industry is rebounding as the pandemic has eased… but for the cruise industry, resuming operations is still a struggle.

June 4, 2021

See why U.S. jobs figures have fallen short of expectations

COVID-19 case numbers in the U.S. are falling and life is returning to normal, but monthly jobs figures also keep falling short of expectations. See the latest.

June 2, 2021

Toy maker accepting old dolls for recycling

Mattel, the maker of Barbie and Mega Bloks recently announced it would be accepting old Barbies and other toys that it would recycle for free.

June 2, 2021

Americans might skip traveling this summer due to rising rental car prices

Some may decide to stay put when they check out the latest rental car prices.

May 27, 2021

Microsoft CEO challenges staff to work on global problems at Build

Microsoft CEO Nadella highlighted the continuing public health crisis around the world, racial injustice and inequity and the damage from climate change at Build event for software developers. Find more.

May 27, 2021

Future of Black-owned businesses in the U.S.

What’s the future of Black-owned businesses in the U.S.? Some business owners say they had one of their best ever summers of business during last year’s Black Lives Matter protests. But as time went on, that initial enthusiasm began to wear off.

May 26, 2021

U.S. prepares to put ban on menthol cigarettes

For years, smoking cessation activists along with many groups representing African Americans have been pushing for a ban on menthol cigarettes, which are very popular among black smokers.

May 22, 2021

Tourism industry hit hard by COVID-19 pandemic in Colombia

Colombia’s tourism industry has been hit hard by the coronavirus pandemic. When will it recover?

May 22, 2021

Gas prices may going up again in the U.S.

Will gas prices go up again after pipeline cyberattack in the U.S.? Why are gas prices rising so high this year?

May 20, 2021

Golden arcade video games find lucrative new markets

Do arcades still exist, and if so, what is your favorite arcade machine or game?

May 20, 2021

Napa Valley grape growers gear up for drought of 2021

California continues to battle an ongoing drought. Farmers are performing a delicate balancing act of conserving water and growing crops. See how California’s drought impacts grape in Napa Valley.

May 19, 2021

Companies plot out office space use in post-pandemic future

Companies are increasingly flexible to the idea of less in-person time and that has raised lots of questions about the future of office space.

May 15, 2021

Mexican pork sees more opportunity in China

The enormous demand for pork in the Asian market is creating opportunities for international producers to increase their market presence. China has become Mexico’s most important market for pork exports.

May 14, 2021

Business eager for New York reopening to bring tourists back

Tourism hub New York City saw a dramatic drop in visitors in the pandemic, but many businesses have hope that increased vaccinations and drops in the coronavirus infection rate will bring people back to the Big Apple.

May 12, 2021

More Americans trading stocks despite pandemic’s economic impact

Americans are now putting more of their money into stocks than ever before.

May 11, 2021

Agencies limiting numbers of background actors on sets to minimize pandemic risk

The coronavirus pandemic has drastically changed the film industry. While Hollywood studios have gradually resumed productions in recent months, there are still many safety regulations and restrictions in place that have also influenced the way in which production crews are recruited. In an effort to […]

May 11, 2021

Epic vs Apple trials goes into second week

A gaming giant is doing battle with a tech titan in court. Week two of the Epic Games vs. Apple trial is underway this week. CGTN’s Mark Niu reports.

May 5, 2021

Lyft sells self-driving cars unit to Toyota

U.S. ride-sharing company Lyft has sold off its autonomous vehicle unit to Toyota.

May 5, 2021

Interest grows for upcoming Hainan Expo

Shoppers take note!

May 1, 2021

COVID inspires young Americans towards entrepreneurship

One positive business trend to come out of the coronavirus pandemic has been the rise in American entrepreneurs. In the U.S., coronavirus creativity has helped birth more than four million new businesses in the last year.

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