Jeff Bezos named businessperson of the decade by global finance chiefs, CNBC survey says

A majority of financial executives in boardrooms around the world say Amazon Founder and Chief Executive Jeff Bezos should be considered as the top businessperson of the decade. Almost a third of chief financial officers (CFOs) quizzed in CNBC’s latest Global CFO Council survey picked out Bezos as their most impressive business leader. Jack Ma, founder of rival online marketplace Alibaba, and Tesla boss Elon Musk came in second and third, respectively. The CNBC Global CFO Council represents some


A majority of financial executives in boardrooms around the world say Amazon Founder and Chief Executive Jeff Bezos should be considered as the top businessperson of the decade.
Almost a third of chief financial officers (CFOs) quizzed in CNBC’s latest Global CFO Council survey picked out Bezos as their most impressive business leader.
Jack Ma, founder of rival online marketplace Alibaba, and Tesla boss Elon Musk came in second and third, respectively.
The CNBC Global CFO Council represents some
Jeff Bezos named businessperson of the decade by global finance chiefs, CNBC survey says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-12  Authors: david reid
Keywords: news, cnbc, companies, cfo, amazon, decade, cfos, members, chiefs, named, jeff, global, finance, council, world, online, bezos, survey, businessperson


Jeff Bezos named businessperson of the decade by global finance chiefs, CNBC survey says

A majority of financial executives in boardrooms around the world say Amazon Founder and Chief Executive Jeff Bezos should be considered as the top businessperson of the decade.

Almost a third of chief financial officers (CFOs) quizzed in CNBC’s latest Global CFO Council survey picked out Bezos as their most impressive business leader.

Jack Ma, founder of rival online marketplace Alibaba, and Tesla boss Elon Musk came in second and third, respectively. Other names picked out by the CFOs included, Satya Nadella, Tim Cook, Warren Buffett and Jamie Dimon.

Bezos first launched Amazon in the mid-1990s as an online bookstore. It is now the world’s largest online marketplace and also rakes in revenue from its activities in cloud computing and artificial intelligence.

In 2015, Amazon surpassed Walmart to become America’s biggest retailer. In 2018, it recorded nearly $233 billion in sales. According to both Forbes and Bloomberg’s Billionaires Index, Bezos is now personally worth $109 billion.

The CNBC Global CFO Council represents some of the largest public and private companies in the world, collectively managing nearly $5 trillion in market value.

To other questions asked, almost 71% of respondents said they did not think the U.S. economy would experience a recession in 2020. Notably, EMEA executives were less bullish on U.S. economic prospects with almost half believing U.S. output could contract next year.

Nearly a third (30.9%) of CFOs surveyed predicted no cuts or hikes from the U.S. Federal Reserve in 2020. The most common answer was the 36.4% who opted for one cut.

On the matter of stocks, exactly 55% of U.S. CFOs expect the Dow Jones industrial average to rise above 29,000 points rather than the 40% who see it falling back below 24,000 points first. The remainder (5%) were unsure.

The Council’s global economic outlook has dipped slightly on a geographic basis. Now, four of 11 countries or regions — China, euro zone ex. U.K., Latin America ex. Brazil and the United Kingdom — are all seen as “declining.” All other areas were rated as “stable.”

(Note: 55 of the 135 current members of the CNBC Global CFO Council responded to this quarter’s survey, including 20 North American-based members, 21 EMEA-based members and 14 APAC-based members. The survey was conducted from Nov. 20–Dec 3., 2019.)


Company: cnbc, Activity: cnbc, Date: 2019-12-12  Authors: david reid
Keywords: news, cnbc, companies, cfo, amazon, decade, cfos, members, chiefs, named, jeff, global, finance, council, world, online, bezos, survey, businessperson


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20% believe Boeing 737 Max is safe to fly, Bank of America survey says

20% believe Boeing 737 Max is safe to fly, Bank of America survey saysRon Epstein, senior equity analyst at Bank of America, joins “Squawk Box” to discuss the latest in the Boeing 737 Max saga and how the stock is impacting the Dow.


20% believe Boeing 737 Max is safe to fly, Bank of America survey saysRon Epstein, senior equity analyst at Bank of America, joins “Squawk Box” to discuss the latest in the Boeing 737 Max saga and how the stock is impacting the Dow.
20% believe Boeing 737 Max is safe to fly, Bank of America survey says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-12
Keywords: news, cnbc, companies, senior, max, bank, stock, survey, fly, believe, saysron, 737, squawk, safe, america, boeing


20% believe Boeing 737 Max is safe to fly, Bank of America survey says

20% believe Boeing 737 Max is safe to fly, Bank of America survey says

Ron Epstein, senior equity analyst at Bank of America, joins “Squawk Box” to discuss the latest in the Boeing 737 Max saga and how the stock is impacting the Dow.


Company: cnbc, Activity: cnbc, Date: 2019-12-12
Keywords: news, cnbc, companies, senior, max, bank, stock, survey, fly, believe, saysron, 737, squawk, safe, america, boeing


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Travelers hesitant to fly the Boeing 737 Max, survey finds

Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, July 1, 2019. Travelers are concerned about the safety of the Boeing 737 Max and many will be hesitant to fly on it — even after regulators deem it safe, a survey released on Thursday found. A fifth of respondents said they would fly the Max immediately after it is reintroduced into airline fleets, the Bank of America Merrill Lynch survey found. More than 300 Boeing 737 Max planes were in


Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, July 1, 2019.
Travelers are concerned about the safety of the Boeing 737 Max and many will be hesitant to fly on it — even after regulators deem it safe, a survey released on Thursday found.
A fifth of respondents said they would fly the Max immediately after it is reintroduced into airline fleets, the Bank of America Merrill Lynch survey found.
More than 300 Boeing 737 Max planes were in
Travelers hesitant to fly the Boeing 737 Max, survey finds Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-12  Authors: leslie josephs
Keywords: news, cnbc, companies, finds, aircraft, boeing, fleets, 737, hesitant, travelers, regulators, max, survey, plane, respondents, fly, planes


Travelers hesitant to fly the Boeing 737 Max, survey finds

Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, July 1, 2019.

Travelers are concerned about the safety of the Boeing 737 Max and many will be hesitant to fly on it — even after regulators deem it safe, a survey released on Thursday found.

That could pose a challenge for airlines eager to put the public at ease when the planes reenter service after two fatal crashes. Regulators don’t expect to clear the planes until next year but have offered no firm timeline.

A fifth of respondents said they would fly the Max immediately after it is reintroduced into airline fleets, the Bank of America Merrill Lynch survey found. Nearly two-thirds of those surveyed said they would wait at least six months before flying or never fly it, while most respondents said they would switch to another aircraft if they had the opportunity.

More than 300 Boeing 737 Max planes were in fleets worldwide at the time of the grounding in mid-March, but carriers have more than 4,000 on order.

Executives at U.S. carriers, including American and United, said they plan to fly the plane early on, a way to drum up confidence in the aircraft before it is fully reintegrated into fleets. U.S. carriers have taken the planes out of their schedules until early March as the grounding wears on.

Carriers have also said they will waive fees or work with travelers who are hesitant to fly on the plane and would rather to travel on another type of plane, but airlines routinely swap out aircraft so travelers don’t always get the plane they prefer.

Still, about half of respondents said they were unaware the planes are grounded.

“This could be a positive if passengers ultimately don’t care about the aircraft,” the bank said in its poll of 2,135 people. “However, it also could be a negative if fliers have an unexpected negative reaction upon boarding a 737 MAX flight.”

The two crashes — one in Indonesia in October 2018 and another in Ethiopia in March — claimed 346 lives.

Boeing has developed a software fix for the jetliners, its bestselling aircraft, but regulators haven’t yet signed off on that or on proposed changes to pilot training.

The FAA’s administrator, Steve Dickson, a former Delta pilot and executive, on Wednesday said he plans to fly the updated 737 Max and undergo the new training himself before he signs off on the jets.

— CNBC’s Michael Bloom contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-12-12  Authors: leslie josephs
Keywords: news, cnbc, companies, finds, aircraft, boeing, fleets, 737, hesitant, travelers, regulators, max, survey, plane, respondents, fly, planes


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Millennial investors in this state have the highest liquid net worth: survey

The kids are all right in Washington state. At least that’s what Wealthfront, an investment management firm that provides robo-advisor services, found when it analyzed 201,486 of its clients across the country over the course of the year. Millennial investors — that is, individuals born between 1980 and 1994 — residing in the Evergreen State have a median liquid net worth of $112,618, Wealthfront found. The firm defined “liquid net worth” as the sum of a client’s Wealthfront accounts, plus the e


The kids are all right in Washington state.
At least that’s what Wealthfront, an investment management firm that provides robo-advisor services, found when it analyzed 201,486 of its clients across the country over the course of the year.
Millennial investors — that is, individuals born between 1980 and 1994 — residing in the Evergreen State have a median liquid net worth of $112,618, Wealthfront found.
The firm defined “liquid net worth” as the sum of a client’s Wealthfront accounts, plus the e
Millennial investors in this state have the highest liquid net worth: survey Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-11  Authors: darla mercado
Keywords: news, cnbc, companies, yearmillennial, survey, state, washington, clients, net, liquid, investors, firm, highest, thats, wealthfront, accounts, worth, millennial


Millennial investors in this state have the highest liquid net worth: survey

The kids are all right in Washington state.

At least that’s what Wealthfront, an investment management firm that provides robo-advisor services, found when it analyzed 201,486 of its clients across the country over the course of the year.

Millennial investors — that is, individuals born between 1980 and 1994 — residing in the Evergreen State have a median liquid net worth of $112,618, Wealthfront found.

The firm defined “liquid net worth” as the sum of a client’s Wealthfront accounts, plus the external bank accounts and other holdings that the client has linked back to the company.

Wealthfront adjusted the liquid net worth for the cost of living in each of the locales.


Company: cnbc, Activity: cnbc, Date: 2019-12-11  Authors: darla mercado
Keywords: news, cnbc, companies, yearmillennial, survey, state, washington, clients, net, liquid, investors, firm, highest, thats, wealthfront, accounts, worth, millennial


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Nine out of 10 workers who change careers into tech say they wanted more money—here’s how much it pays off

That’s likely why 89% of people who changed careers into the tech industry did so in pursuit of more money, according to new survey from job site Indeed. According to the survey, 81% of tech career-changers recouped on the financial investment they made to make the switch. Although learning tech skills can be expensive, more than half of tech career-changers reported they didn’t have to pay anything to take crucial tech courses to make the switch. Instead, they were able to utilize free online r


That’s likely why 89% of people who changed careers into the tech industry did so in pursuit of more money, according to new survey from job site Indeed.
According to the survey, 81% of tech career-changers recouped on the financial investment they made to make the switch.
Although learning tech skills can be expensive, more than half of tech career-changers reported they didn’t have to pay anything to take crucial tech courses to make the switch.
Instead, they were able to utilize free online r
Nine out of 10 workers who change careers into tech say they wanted more money—here’s how much it pays off Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-10  Authors: jennifer liu
Keywords: news, cnbc, companies, survey, change, say, tech, pays, job, pay, reported, careers, according, learn, skills, workers, learning, wanted, moneyheres


Nine out of 10 workers who change careers into tech say they wanted more money—here's how much it pays off

Working in tech can be lucrative. A growing need for tech workers is resulting in a nationwide talent shortage, which means people with the right skill sets are being offered competitive pay in order to fill the gap and keep businesses on the cutting edge. That’s likely why 89% of people who changed careers into the tech industry did so in pursuit of more money, according to new survey from job site Indeed. While tech jobs generally pay well, people take an average of 12 months to decide to officially make the leap — about two months longer than people who switch into other industries. Paul Wolfe, Indeed’s senior vice president of global human resources, tells CNBC Make It the need to learn new skills is likely why people take longer to decide whether the transition will be worthwhile. That’s because, while plenty of soft skills like adaptability and time management can transfer between industries, technology jobs often require knowledge of specific systems and programs, which workers generally have to learn on their own.

How workers break into tech

According to the survey, 36% of people who switched into tech enrolled in specific training programs in order to make the transition, with the most common paths being going back to college for a tech-specific degree, or seeking out tech certifications. Forty-six percent of career changers reported using these routes to prepare for a new tech job, compared with just 23% who said they enrolled in a bootcamp to learn new skills. The financial cost of switching is one major factor in the decision-making process. People who pay to learn technology skills spend an average of $38,507 on their continued educations; meanwhile, workers changing careers in other industries spend an average of $15,715. But Wolfe says the investment seems to pay off. According to the survey, 81% of tech career-changers recouped on the financial investment they made to make the switch. In some of the most competitive job markets for tech, software engineers of varying specialties easily earn upwards of $150,000, according to data from Hired, a tech recruitment platform. Although learning tech skills can be expensive, more than half of tech career-changers reported they didn’t have to pay anything to take crucial tech courses to make the switch. Instead, they were able to utilize free online resources to teach themselves and practice new tech skills to prepare them for their new career. Popular learning platforms like LinkedIn Learning, Degreed, Coursera, edX, FutureLearn and Udacity provide free or low-cost training programs. Gabrielle Hempel, 28, made the jump from working in pharmaceutical regulation to cybersecurity about two years ago. She paid $100 a month to enroll in a program with Cybrary, a crowdsourced cybersecurity and IT learning and career development platform. Within eight months, she secured a role as a security analyst with Accenture, earning a pay bump of $40,000 more per year than her previous job. Apprenticeships can also allow employers to nurture internal talent to fill in-demand tech roles. Tony Byrd, 27, was able to transition from working at a coffee shop on an IBM campus to becoming a software engineer with the IT company. He was able to triple his salary after the one-year, full-time program.

Tech workers may have to relocate

Another major investment tech career-changers make is relocating for a new job, something nearly half of workers from the Indeed survey reported doing. Location may be one of the biggest barriers to transitioning into tech. Just five metro areas (San Francisco; Seattle; San Jose, California; Boston; San Diego) accounted for 90% of all U.S. high-tech job growth between 2005 and 2017, according to research from the Brookings Institution and Information Technology and Innovation Foundation, as reported by The Wall Street Journal. Wolfe notes that, while the survey didn’t ask people specifics around where they moved or why, “these tech hubs tend to offer more job opportunities for those looking to land a tech role because they have a higher concentration of tech jobs available and are also likely to offer higher salaries to tech job seekers.” While these cities may offer a lot of high-paying job opportunities in tech, they also boast some of the highest costs of living in the country.

Why a move into tech can pay off


Company: cnbc, Activity: cnbc, Date: 2019-12-10  Authors: jennifer liu
Keywords: news, cnbc, companies, survey, change, say, tech, pays, job, pay, reported, careers, according, learn, skills, workers, learning, wanted, moneyheres


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What consumers most want in 2020: a debt-free life

A new survey has found that 84% of individuals said they would rather save $5,000 than lose 5 pounds. What’s more, 84% of consumers also said they would prefer to reduce their debts than lower their computer or phone screen time. That’s according to the 2020 New Year Financial Resolutions Study conducted by Boston-based Fidelity Investments, which included an online survey of 3,012 adults ages 18 and up. The two top resolutions for next year, the survey found, are saving more and reducing debt,


A new survey has found that 84% of individuals said they would rather save $5,000 than lose 5 pounds.
What’s more, 84% of consumers also said they would prefer to reduce their debts than lower their computer or phone screen time.
That’s according to the 2020 New Year Financial Resolutions Study conducted by Boston-based Fidelity Investments, which included an online survey of 3,012 adults ages 18 and up.
The two top resolutions for next year, the survey found, are saving more and reducing debt,
What consumers most want in 2020: a debt-free life Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-09  Authors: lorie konish
Keywords: news, cnbc, companies, survey, consumers, life, financial, saving, respondents, debtfree, 2020, resolutions, individuals, followed, goals, debt, way


What consumers most want in 2020: a debt-free life

Slphotography | Getty Images

Consumers plan to fight a different battle of the bulge next year. A new survey has found that 84% of individuals said they would rather save $5,000 than lose 5 pounds. What’s more, 84% of consumers also said they would prefer to reduce their debts than lower their computer or phone screen time. That’s according to the 2020 New Year Financial Resolutions Study conducted by Boston-based Fidelity Investments, which included an online survey of 3,012 adults ages 18 and up.

The results come as consumer debt hit a record $4 trillion in 2019. The two top resolutions for next year, the survey found, are saving more and reducing debt, followed by spending less. When asked what could get in their way when it comes to achieving their financial goals, 51% of respondents said unexpected expenses.

That was followed by other concerns such as personal debt, not saving enough, rising health-care costs and the economy. When it came to 2019, many individuals were optimistic about their financial year. About 33% of respondents said they did not make any big financial mistakes. Meanwhile, 28% said they took on new debts or added to their existing balances.

The best way to make sure you make progress towards your 2020 goals is to be specific about what you want to achieve, said Maura Cassidy, vice president of retirement and small business at Fidelity. “Make it really clear and be realistic about being able maintain goals,” Cassidy said.


Company: cnbc, Activity: cnbc, Date: 2019-12-09  Authors: lorie konish
Keywords: news, cnbc, companies, survey, consumers, life, financial, saving, respondents, debtfree, 2020, resolutions, individuals, followed, goals, debt, way


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The Fed will stay in hibernation until at least summer: CNBC survey

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the NABE annual meeting in Denver, Colorado, U.S., on Tuesday, Oct. 8, 2019. Daniel Brenner | Bloomberg | Getty ImagesFederal Reserve policymakers will go into hibernation for as much as six months, holding interest rates unchanged until at least the summer, according to respondents of the December CNBC Fed Survey. But those averages hide a more robust debate about the outlook for growth, the trade wars and Fed policy in the next


Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the NABE annual meeting in Denver, Colorado, U.S., on Tuesday, Oct. 8, 2019.
Daniel Brenner | Bloomberg | Getty ImagesFederal Reserve policymakers will go into hibernation for as much as six months, holding interest rates unchanged until at least the summer, according to respondents of the December CNBC Fed Survey.
But those averages hide a more robust debate about the outlook for growth, the trade wars and Fed policy in the next
The Fed will stay in hibernation until at least summer: CNBC survey Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-09  Authors: steve liesman
Keywords: news, cnbc, companies, survey, fed, trade, hibernation, respondents, market, stay, summer, wrote, cut, growth, outlook, tariffs


The Fed will stay in hibernation until at least summer: CNBC survey

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during the NABE annual meeting in Denver, Colorado, U.S., on Tuesday, Oct. 8, 2019. Daniel Brenner | Bloomberg | Getty Images

Federal Reserve policymakers will go into hibernation for as much as six months, holding interest rates unchanged until at least the summer, according to respondents of the December CNBC Fed Survey. But those averages hide a more robust debate about the outlook for growth, the trade wars and Fed policy in the next year. “The risks to the outlook for economic growth and inflation are still tilted to the downside, and the door to future rate cuts remains open,” Kathy Bostjancic, chief U.S. financial market economist at Oxford Economics, wrote in response to the survey. The Fed begins a two-day policy meeting on Tuesday. But Mike Englund, chief economist at Action Economics, said, “The U.S. economy is ending 2019 with faster GDP, productivity, and hours-worked growth, and lower inflation, than was expected at the start of the year. The same is likely to be true in 2020. Market narratives have underestimated the runway length for this expansion.”

GDP forecast

Forecasts for growth in gross domestic product in 2020 range from a low of negative 0.5% to a high of 3%, or a percentage point higher than the current level. Less than half of the 43 respondents, who include fund managers, strategists and economists, forecast a cut next year and just 5% expect a hike. Of those who see a cut coming, the majority don’t predict it will happen until June. “The Fed will be on hold for longer than the market is projecting,” wrote John Donaldson, director of fixed income at Haverford Trust. “Even a one-third chance of a cut next June is way overstated.” Respondents say a key to the outlook is what happens with the U.S.-China trade war. A strong 61% majority believe the two countries will sign a limited trade agreement by next year and 57% say the U.S. will not enact additional tariffs on China this year or next. A similar percentage expect tariffs to be rolled back by both sides in the next year. The next deadline for additional U.S. tariffs is Sunday.

Recession chances fall


Company: cnbc, Activity: cnbc, Date: 2019-12-09  Authors: steve liesman
Keywords: news, cnbc, companies, survey, fed, trade, hibernation, respondents, market, stay, summer, wrote, cut, growth, outlook, tariffs


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US airlines push service to Europe and Asia, but foreign carriers top favorites list

Among the big three U.S. airlines, Delta is rated the highest for flights to both Europe and to Asia. It’s a primary reason Turkish Airlines was ranked number one between North America and Europe. Can the Delta, United and American eventually catch their foreign competitors in terms of passenger satisfaction to Europe and Asia? Top-rated airlines from North America to EuropeTurkish Airlines Virgin Atlantic British Airways and Delta (tie) Air France American Airlines United Airlines Lufthansa KLM


Among the big three U.S. airlines, Delta is rated the highest for flights to both Europe and to Asia.
It’s a primary reason Turkish Airlines was ranked number one between North America and Europe.
Can the Delta, United and American eventually catch their foreign competitors in terms of passenger satisfaction to Europe and Asia?
Top-rated airlines from North America to EuropeTurkish Airlines Virgin Atlantic British Airways and Delta (tie) Air France American Airlines United Airlines Lufthansa KLM
US airlines push service to Europe and Asia, but foreign carriers top favorites list Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-04  Authors: phil lebeau
Keywords: news, cnbc, companies, asia, survey, united, airlines, push, delta, foreign, carriers, air, flights, europe, north, list, service, favorites, america


US airlines push service to Europe and Asia, but foreign carriers top favorites list

Cabin crew pose for a photo with new uniforms of Turkish Airlines (THY) designed by Milan-based Haute Couturier Ettore Bilotta to mark its 85th anniversary, at Istanbul Airport in Istanbul, Turkey on August 6, 2019.

Even as U.S. airlines add more flights, more comfortable seats and new amenities to their flights to Europe and Asia, a fresh survey of international travelers shows foreign carriers are rated as the best.

J.D. Power’s International Destination Satisfaction Survey found Turkish Airlines was rated as the best airline to fly between North American and Europe, while Japan Airlines was tops among those flying between North America and Asia.

What about Delta, United and American Airlines? The man who conducted the survey of more than 6,000 international travelers says U.S. carriers are not that far behind their foreign competitors.

“What we normally hear is all U.S.-based airlines don’t do as well as the European or Asian or Middle Eastern airlines, but they held their own in this study,” said Michael Taylor, who oversees travel intelligence for J.D. Power.

Among the big three U.S. airlines, Delta is rated the highest for flights to both Europe and to Asia.

The survey validates Delta’s move in recent years to add more seats and flights to Europe and Asia. For example, in 2017, Delta started reconfiguring some of its planes to add a new segment of seats and services between the main cabin and the Delta One business class. The new segment, Delta Premium Select, includes bigger seats that recline further than those in the main cabin, a footrest and upgraded meals. The selling point: A Premium Select seat costs slightly more than a seat in coach but far less than one in business class.

Last June, Delta CEO Ed Bastian told CNBC the Premium Select cabin has been hit with Delta customers.

“Passenger demand for the product has been phenomenal,” he said.

By comparison, United is ranked the lowest among airlines flying between North America and Asia. That rating doesn’t surprise Taylor.

“One of the big things that we see with the second-time flyer is past experience, and United’s past experience has not been that great, but it is improving,” he said. CNBC reached out to United Airlines for a comment on the survey results.

J.D. Power’s survey found vast differences among those booking trips from North America to Europe and Asia for the first time or for a repeat trip. For those making their initial foreign trip, the price of the ticket is the most important factor. By comparison, repeat travellers say the biggest reason for choosing an airline for a long flight to Europe or Asia is their past experience.

“They’re looking to say ‘Okay, I had great service. I’m going to spend a couple hundred dollars more on that ticket and have a more comfortable flight, more enjoyable flight on this long haul’,” said Taylor.

With more travellers willing to pay up for an international flight, all airlines are spending more time and money on their flights to Europe and Asia. One area where carriers are trying to stand out are the meals and drinks they offer on the long-haul flights.

It’s a primary reason Turkish Airlines was ranked number one between North America and Europe. “The food and beverage service on Turkish is something that people mentioned an awful lot,” said Taylor.

Can the Delta, United and American eventually catch their foreign competitors in terms of passenger satisfaction to Europe and Asia? Perhaps.

“They want to attract that high-ticket passenger, so they’re putting more investment into it,” said Taylor.

Top-rated airlines from North America to Europe

Turkish Airlines Virgin Atlantic British Airways and Delta (tie) Air France American Airlines United Airlines Lufthansa KLM Air Canada Norwegian

Source: J.D. Power

Top-rated airlines from North America to Asia

Japan Airlines Delta Korean Air ANA Cathay Pacific Air China EVA Air American Airlines Air Canada China Eastern Airlines United Airlines

Source: J.D. Power

—CNBC’s Meghan Reeder contributed to this report


Company: cnbc, Activity: cnbc, Date: 2019-12-04  Authors: phil lebeau
Keywords: news, cnbc, companies, asia, survey, united, airlines, push, delta, foreign, carriers, air, flights, europe, north, list, service, favorites, america


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Hyperpartisan politics has entered the small business outlook

Sixty-eight percent of small business owners who are Republicans say current conditions for their business are good, twice as many as the 34% among Democratic small business owners, according to the fourth quarter 2019 CNBC|SurveyMonkey Small Business Confidence Survey. Small business owners, like everyone else, have a tendency to view the world through a partisan lens. Now, nearly four in 10 small business owners (39%) in the Q4 CNBC|SurveyMonkey Small Business Survey say the impeachment of Pre


Sixty-eight percent of small business owners who are Republicans say current conditions for their business are good, twice as many as the 34% among Democratic small business owners, according to the fourth quarter 2019 CNBC|SurveyMonkey Small Business Confidence Survey.
Small business owners, like everyone else, have a tendency to view the world through a partisan lens.
Now, nearly four in 10 small business owners (39%) in the Q4 CNBC|SurveyMonkey Small Business Survey say the impeachment of Pre
Hyperpartisan politics has entered the small business outlook Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-04  Authors: laura wronski, senior research scientist, jon cohen, chief research officer
Keywords: news, cnbc, companies, house, hyperpartisan, overall, say, democrats, entered, impeachment, politics, business, owners, small, survey, outlook


Hyperpartisan politics has entered the small business outlook

Daniel Goldman (L), attorney and director of investigations with the House Intelligence Committee, and House Intelligence Committee Chairman Adam Schiff (C) (D-CA), and U.S. House Intelligence Committee ranking member Rep. Devin Nunes (R) (R-CA), arrive to the House Intelligence Committee in the Longworth House Office Building on Capitol Hill November 13, 2019 in Washington, DC. Drew Angerer | Getty Images

In a hyper-partisan era, political affiliation matters in just about everything — even business confidence. Sixty-eight percent of small business owners who are Republicans say current conditions for their business are good, twice as many as the 34% among Democratic small business owners, according to the fourth quarter 2019 CNBC|SurveyMonkey Small Business Confidence Survey. In fact, the CNBC|SurveyMonkey Small Business Confidence Index has maintained a double-digit buffer between Democrats and Republicans throughout the Trump administration, with Republican small business owners consistently reporting a more positive outlook on the current state of their businesses and their prospects for the coming months. Even when comparing results industry by industry, Republican small business owners are regularly more optimistic than Democrats, indicating that there’s more to this division in sentiment than can be judged by market- or industry-wide conditions. Small business owners, like everyone else, have a tendency to view the world through a partisan lens. Polling among the general public regularly shows that Republicans have more confidence in the economy and fewer concerns about a coming recession relative to Democrats. Over the course of 2019, our quarterly survey results point to several instances of small business owners reporting opposing business conditions that are likely based in partisanship rather than balance sheets.

1. Impeachment

While the impeachment process has been making front-page headlines for several months now, it has only accelerated in recent weeks. Now, nearly four in 10 small business owners (39%) in the Q4 CNBC|SurveyMonkey Small Business Survey say the impeachment of President Trump is likely to have a material impact on their business; a majority (58%) say their business will likely not be affected. Republican small business owners are more likely than independents and Democrats to expect their business to be affected by the president’s impeachment (47% vs. 33% and 31%). This latest quarterly survey was conducted from November 12-18, with responses from more than 2,000 small business owners across the country. While the impeachment inquiry opened in late September, the first publicly-televised hearings began on November 13, during the survey field period. Some business owners may simply see impeachment inquiry as a distraction — just something else that prevents real work from getting done in Washington. Or, those who foresee more extreme consequences may see Trump’s potential removal from office as a threat to the regulatory, tax, and trade policies that they support. Small business owners’ expectations around those three factors all improved mildly quarter over quarter in these latest survey results. One important consideration: national polling thus far shows that Congress’s impeachment inquiry hasn’t moved President Trump’s approval ratings either up or down. These latest small business survey results show the same: a wide majority of Republican small business owners continue to approve of the job Trump is doing, while a wide majority of Democrats still disapprove.

2. Brexit

While impeachment dominates the news in the U.S., the U.K. is currently consumed by Brexit. The now three-year-long crisis regarding whether Britain will leave or remain in the European Union will have drastic consequences for companies large and small across Europe and in the U.S., too. In this quarter’s survey, one in five small business owners (20%) in the U.S. say they anticipate a material impact on their business as a result of Brexit — of course still without knowing whether Brexit will actually happen or what form it will take when it does. Once again, a partisan divide emerges: twice as many Democrats and independents versus Republicans say that Brexit will impact their businesses (28% and 26% vs. 14%). What sorts of “material impacts” might these small businesses be anticipating? Small business owners in the retail trade industry are some of the most concerned: 30% say they will be affected by Brexit. As a group, they also have lower than average positive expectations when anticipating the effects that government regulations (20% vs. 24% overall), tax policy (20% vs. 29% overall), trade policy (12% vs. 24% overall), immigration policy (10% vs. 16% overall), and even technological innovation (40% vs. 48% overall) will have on their businesses. For them, the additional uncertainty incited across the pond may not be as far away a problem as it is for small business owners in other industries.

3. Shutdown


Company: cnbc, Activity: cnbc, Date: 2019-12-04  Authors: laura wronski, senior research scientist, jon cohen, chief research officer
Keywords: news, cnbc, companies, house, hyperpartisan, overall, say, democrats, entered, impeachment, politics, business, owners, small, survey, outlook


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The top 10 cities in the world for expats to live and work abroad

1 city for expats to move abroad for work, according to the annual Expat Insider survey by InterNations, an online resource group for expats around the world. More than 20,000 expat workers participated in the survey and represented 178 nationalities living in 187 countries or territories. For the best cities ranking, expats rated 25 elements of living abroad that measured quality of life, getting settled, work-life satisfaction, financial security and housing, and local cost of living. That’s c


1 city for expats to move abroad for work, according to the annual Expat Insider survey by InterNations, an online resource group for expats around the world.
More than 20,000 expat workers participated in the survey and represented 178 nationalities living in 187 countries or territories.
For the best cities ranking, expats rated 25 elements of living abroad that measured quality of life, getting settled, work-life satisfaction, financial security and housing, and local cost of living.
That’s c
The top 10 cities in the world for expats to live and work abroad Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: jennifer liu
Keywords: news, cnbc, companies, workers, survey, city, settled, expat, taipei, work, live, cities, abroad, local, expats, world


The top 10 cities in the world for expats to live and work abroad

Workers who daydream of packing their bags to move abroad may want to consider Taipei for a personal and professional reset.

For the second year in a row, Taiwan’s capital was named the No. 1 city for expats to move abroad for work, according to the annual Expat Insider survey by InterNations, an online resource group for expats around the world.

More than 20,000 expat workers participated in the survey and represented 178 nationalities living in 187 countries or territories.

For the best cities ranking, expats rated 25 elements of living abroad that measured quality of life, getting settled, work-life satisfaction, financial security and housing, and local cost of living.

Taipei came out on top thanks to its high ratings for overall quality of life. The city ranked third out of 82 cities for this particular category. Tokyo, Japan, came in first, while Zug, Switzerland, came in second for top quality of life standards.

Expats in Taipei were especially satisfied with local transportation, as well as available and affordable health care.

Workers did note that getting settled in Taipei was more difficult, likely because of a language barrier where many residents primarily speak Mandarin Chinese or Taiwanese Hokkien. However, newcomers did rank locals high in terms of friendliness, and the majority of people who recently moved to Taipei said they were happy with their new social life.

Kuala Lumpur, the capital of Malaysia, was named the second-best city to move to for expats and was identified as the world’s easiest city to get settled in. While Malay is the official language of the country, English is widely used, and 92% of expats found it easy to live in Kuala Lumpur without speaking the local language. That’s compared to a 47% average of expats who feel similarly in other cities across the world. Expats in Kuala Lumpur rated financial security and affordable cost of living highly, and though long-term career opportunities were lacking, expats said they were very satisfied with their jobs in general.

Recent reports have found people who move abroad are happy not just with the change to their daily lives, but they’re also seeing benefits to their careers. One MetLife survey found 91% of expat workers who receive company benefits are satisfied with their jobs, compared to 73% of their colleagues who stay local. And according to HSBC’s latest expat survey, the average 18 to 34-year-old’s salary rose 35% after relocating overseas, from $40,358 to $54,484.

Here are the best cities around the world to move to for work.


Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: jennifer liu
Keywords: news, cnbc, companies, workers, survey, city, settled, expat, taipei, work, live, cities, abroad, local, expats, world


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