Copenhagen, DENMARK — Shipping giant Maersk on Thursday presented its first container vessel moved with green methanol, a landmark moment for one of the world’s most polluting industries. The new container ship, ordered in 2021, has two engines: one moved by traditional fuels and another run with green methanol — …

WASHINGTON — Sen. Bob Menendez of New Jersey suggested Monday that hundreds of thousands of dollars in cash seized by federal investigators from his home as part of a probe that led to his bribery indictment came from his personal savings account. “I have withdrawn thousands of dollars in cash from my …

A woman walks by a smoke shop in New York City that displays a marijuana leaf in the window, June 16, 2023. Spencer Platt | Getty Images News | Getty Images Coss Marte’s marijuana dispensary in lower Manhattan has already cost him over $1 million, and it’s not even open …

Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., speaks during the event Chase for Business The Experience – Miami hosted by JP Morgan Chase Bank for small business owners at The Wharf in Miami, Florida, U.S., February 8, 2023. Marco Bello | Reuters …

A battle between elite membership clubs is about to reach a whole new level, as Core Club’s new 60,000-square-foot megaclub prepares to open in Manhattan next month. The new Core space, spread over four floors above Midtown, is the latest in a wave of elite membership clubs that have opened …

10’000 Hours | Digitalvision | Getty Images Pension plans for the largest U.S. companies are at their healthiest in more than a decade — and that’s largely good news for the workers who participate in such plans, said retirement experts. Public companies in the S&P 500 stock index had an …

It is “premature” to bet on a cut to interest rates, Francois Villeroy de Galhau, France’s central bank governor, told CNBC, as market players consider whether the European Central Bank has reached peak rates. “We should remain at this level for a sufficiently long period of time,” he told CNBC’s …

WASHINGTON — Bipartisan lawmakers on Monday weighed in on a possible government shutdown, as pressure builds on House Speaker Kevin McCarthy to get something passed with less than a week before the deadline. The House speaker “has been able to deliver in a very razor-thin majority, so don’t count him …

Chris Rondeau, CEO of Planet Fitness Adam Jeffery | CNBC In a move that stunned investors and employees alike, Planet Fitness ousted company veteran Chris Rondeau from his post as CEO, the workout chain said Friday in a press release. Shares closed nearly 16% lower in the wake of the …

China’s urbanization drive may be drawing to a close — and that could further hurt the already ailing property sector, according to China economist Hao Hong. “Fixing the property sector may be a multi-year or even a decade’s work in front of us. Reason being, we built way too many …