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Spirit Airlines says canceled flights cost $50M, hurt bookings

  • Aug. 17, 2021, 7:42 a.m.
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Spirit Airlines said Monday the cancellation of more than 2,800 flights over an 11-day stretch this summer cost the budget airline about $50 million in lost revenue and caused spending to soar. The a

via www.nbcnews.com

Cathie Wood says Michael Burry doesn't understand innovation space after he bets against ARK fund

  • Aug. 17, 2021, 6:42 a.m.
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Cathie Wood called out Michael Burry on social media after 'The Big Short' investor placed a bet against her flagship ARK Innovation exchange-traded fund. "To his credit, Michael Burry made a great c

via www.cnbc.com

Defence firm Cobham to buy UK rival Ultra in $3.6 billion deal

  • Aug. 17, 2021, 5:42 a.m.
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Find this comment offensive? Choose your reason below and click on the Report button. This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting h

via economictimes.indiatimes.com

Retailers begin reporting this week, but the delta variant is a big wild card

  • Aug. 16, 2021, 2 p.m.
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In this article TGT HD LOW Traders on the floor of the New York Stock Exchange. Source: NYSE Retail earnings have never been better, but the delta variant remains the wild card. In theory, this is

via www.cnbc.com

Miner BHP starts talks to exit oil and gas industry

  • Aug. 16, 2021, 11:42 a.m.
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The mining multinational BHP has begun talks to exit the oil and gas industry by merging its hydrocarbon business with Australia’s top independent gas producer, Woodside Petroleum. BHP said a merger

via www.theguardian.com

Tesla shares fall after U.S. regulators launch formal investigation into Autopilot system

  • Aug. 16, 2021, 9:42 a.m.
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Federal vehicle safety regulators have launched a formal investigation into Tesla's Autopilot system following a series of crashes that have left at least 17 people injured and one dead, according to

via www.cnbc.com

Ford targeted older salaried employees during 2019 layoffs, documents in age discrimination lawsuit reveal

  • Aug. 15, 2021, 11:42 p.m.
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Ford Motor Company specifically targeted older salaried employees for layoff in a bid to shed pension and other employment expenses during its years-long, multi-billion-dollar cost-cutting campaign, a

via www.wsws.org

Pret a Manger in post-pandemic plan to expand beyond big city centres

  • Aug. 15, 2021, 8:42 p.m.
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Pret a Manger is plotting to expand outside London and other big city centres as large numbers of office workers continue to work from home, with plans to open 100 franchised shops, plus about 100 of

via www.theguardian.com

Lack of mask mandate leaves businesses to set policies on their own • Current Publishing

  • Aug. 15, 2021, 2:42 p.m.
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Businesses in central Indiana have been forced to decide if they will require customers to wear masks after health officials released new guidance but no mandates. The response from the business commu

via www.youarecurrent.com

Weekly Market Commentary - August 14, 2021

  • Aug. 15, 2021, 7:44 a.m.
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Home YouTube Members Team About More Use tab to navigate through the menu items.

via www.ironhawkresearch.com

AMC theaters will start accepting Bitcoin this year

  • Aug. 15, 2021, 6:42 a.m.
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Wondering what to do with your Bitcoin stash now that you can't buy a Tesla? It might be time to catch a big-screen flick. According to CNN, AMC has announced that it plans to accept Bitcoin as paymen

via www.engadget.com

Opinion | America Runs on ‘Dirty Work’ and Moral Inequality

  • Aug. 15, 2021, 5:42 a.m.
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Many of these workers are victims in their own right, susceptible not only to exploitation and physical injury — as is true of so many people in low-status occupations — but also to another, less fami

via www.nytimes.com

Wholesale prices jump 1% in July, matching June increase

  • Aug. 14, 2021, 12:42 p.m.
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Inflation at the wholesale level jumped a higher-than-expected 1% in July, matching the rise from the previous month, and dimming hopes that the upward trajectory of prices would begin to slow. Price

via www.cnbc.com

IRS, Treasury send $15 billion in child tax credit payments to families

  • Aug. 14, 2021, 7:42 a.m.
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More households got a monthly payment of the child tax credit in August, reaching an additional 1.6 million kids relative to July, the Treasury Department and IRS said Friday. The IRS disbursed $15 b

via www.cnbc.com

S&P 500 grinds to another record to close out winning week

  • Aug. 14, 2021, 6:42 a.m.
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Trader on the floor of the New York Stock Exchange. The S&P 500 and Dow Jones Industrial Average hit fresh all-time highs on Friday as both indexes capped off modest gains for the week. The Dow fini

via www.cnbc.com

Covid vaccine mandates in job listings jump by 34% as delta variant sparks surge in virus cases

  • Aug. 14, 2021, 5:42 a.m.
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OLIVIER DOULIERY | AFP | Getty Images Job postings requiring a Covid-19 vaccine have jumped sharply in the past month among a wide range of businesses, according to a new analysis published Thursday

via www.cnbc.com

iPhone 13 price will be kept the same as its previous models | iPhone 13 price

  • Aug. 14, 2021, 3:42 a.m.
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Image credits-Apple Insider The next week Apple will introduce its new series of iPhones. This time it is an iPhone 13. As per the reports, the iPhone 13 price will be kept the same as its previous m

via www.newschannel-24.com

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  • Aug. 14, 2021, 1:42 a.m.
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Gain a global perspective on the US and go beyond with curated news and analysis from 600 journalists in 50+ countries covering politics, business, innovation, trends and more.

via www.ft.com

Reddit is raising up to $700M in Series F funding – TechCrunch

  • Aug. 14, 2021, 12:42 a.m.
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Earlier this year, Reddit raised $250 million, bringing the 16-year-old site up to around $800 million in total funding. Today, it announced plans for an even more massive windfall, with a Series F le

via techcrunch.com

Disney wins this round: Here's where the streaming giants stand at the end of earnings season

  • Aug. 14, 2021, 12:42 a.m.
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Cars drive past a sign featuring Mickey Mouse at the entrance to Walt Disney World on the day that portions of the theme park, including the Magic Kingdom, reopened to guests after being closed since

via www.cnbc.com

Global demand for oil slashed by ongoing Covid issues, says IEA

  • Aug. 14, 2021, 12:42 a.m.
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The world’s appetite for oil will be lower than expected this year as the ongoing spread of the coronavirus Delta variant continues to drag on global economies, according to the International Energy A

via www.theguardian.com

Richard Branson dumps another huge Virgin Galactic stake, this one worth $300 million

  • Aug. 13, 2021, 11:42 a.m.
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Sir Richard Branson waves out the window of spacecraft VSS Unity before launching on July 11, 2021. Virgin Galactic founder Sir Richard Branson sold more of his ownership of the space tourism company

via www.cnbc.com

The fight over cage-free eggs and bacon in California, explained

  • Aug. 13, 2021, 10:42 a.m.
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In 2018, California voters passed Prop 12, a ballot initiative that is the nation’s — and some say the world’s — strongest law to improve living conditions for farmed animals. It seems modest on its

via www.vox.com

Disney+ reaches 116M subscribers in less than two years

  • Aug. 13, 2021, 5:42 a.m.
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Disney+ continues to rake in new users, with the streaming service doubling figures from 2020 to hit 116 million subscribers in Disney's third fiscal quarter of 2021. Disney announced the subscriber

via appleinsider.com

Facebook shouldn't be allowed to buy Giphy, says UK regulator

  • Aug. 13, 2021, 2:42 a.m.
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15 months ago, Facebook said it was buying the popular GIF search engine Giphy for about $400 million. Now the acquisition may be a bust, thanks to an antitrust probe by the UK’s Competition and Marke

via www.theverge.com

Shipping group earns more in six months than in previous 10 years

  • Aug. 13, 2021, 2:42 a.m.
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Sign up for alerts from The Irish Times Not Now I am interested Just click on “Allow Notifications” on the message appearing on your browser to activate them.

via www.irishtimes.com

Prudential hit by £3.3bn loss as it prepares to spin-off of US arm

  • Aug. 13, 2021, 1:42 a.m.
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Insurance giant Prudential is poised to complete the separation of its US business next month. Jackson will be spun off following a shareholder vote this month, with investors getting one share in th

via www.thisismoney.co.uk

U.S. jobless claims total 375,000, falling for a third straight week

  • Aug. 12, 2021, 3:42 p.m.
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Initial jobless claims declined for the third consecutive week as the U.S. labor market continued its recovery from last year's recession. New claims for jobless benefits totaled 375,000 last week, th

via www.cnbc.com

Senators introduce bipartisan bill to rein in Apple, Google app stores

  • Aug. 12, 2021, 9:42 a.m.
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A bipartisan trio of senators introduced a bill that would rein in app stores of companies they said exert too much market control, including Apple and Alphabet Inc’s Google. Democratic Sens. Richard

via nypost.com

Chinese Tesla rival Nio narrows losses as revenue surges 127%

  • Aug. 12, 2021, 8:42 a.m.
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In this article NIO Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC GUANGZHOU, China — Nio shares rose more than 1% in after-hours trade on Wednesday after the C

via www.cnbc.com

Rocket Lab and space factories start-up Varda sign deal for three spacecraft

  • Aug. 12, 2021, 6:42 a.m.
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Rocket Lab announced a deal with start-up Varda Space Industries on Wednesday to provide three Photon spacecraft to support Varda's first in-space manufacturing missions beginning in 18 months. "In s

via www.cnbc.com

Accountancy firm PwC defies the pandemic with soaring profits

  • Aug. 12, 2021, 5:42 a.m.
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Britain's biggest accountancy firm PwC has seen its profits surge over the past year thanks to the boom in deals. Partners will receive an average payment of £818,000 for the year to the end of June,

via www.thisismoney.co.uk

Pret a Manger staff consider strike after temporary pay cuts made permanent

  • Aug. 12, 2021, 5:42 a.m.
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Pret a Manger staff are considering strike action after the coffee shop chain told them it was permanently cutting pay despite the easing of trading restrictions. The workers, the vast majority of wh

via www.theguardian.com

Working from home job adverts rise

  • Aug. 12, 2021, 12:42 a.m.
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"Despite the fact that we are a global company, that we have collaboration technology, and that we have a culture of flexibility, this is a big shift, because now all of our employees will be working

via www.bbc.co.uk

Crude futures settle higher and add gains on U.S. policy

  • Aug. 11, 2021, 11:42 p.m.
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A closed petrol pump is seen in Chuquiaguillo, on the outskirts of La Paz, Bolivia, November 17, 2019. REUTERS/David Mercado/File Photo Summary White House: OPEC+ output not enough, may harm global r

via www.reuters.com

Groupon threatened with court action after refusing cash refunds

  • Aug. 11, 2021, 10:42 p.m.
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Concerns also raised over the quality of goods sold and delivery timescales In addition to its findings on refunds, the CMA says it is also concerned that Groupon isn't doing enough to ensure that:

via www.moneysavingexpert.com
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