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Exclusive: American Airlines' largest regional carrier gets FAA warning Washington, DC (CNN) A commuter jet was seconds away from landing at a regional airport in Illinois last March when the pilots realized they'd made a potentially fatal mistake: They were aimed at the wrong runway. Had the plane not diverted at the last ...
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UK's Post-Brexit Economy Collides With Key Climate Tool The U.K.'s industry is facing even higher carbon costs after the nation debuted its post-Brexit emissions trading system on Wednesday.
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Crypto's Nouveau Riche Lament Sudden Losses as Bitcoin Tumbles With Bitcoin in freefall, many of the newcomers who helped power the cryptocurrency to stratospheric levels this year are also some of the loudest about getting burned. Across Twitter, the hashtag #cryptocrash was trending as retail investors bemoaned their ...
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More than 100 million J.&J. doses are on hold as US regulators inspect them, an executive testifies. The chief executive of Emergent BioSolutions, whose Baltimore plant ruined millions of coronavirus vaccine doses, disclosed for the first time on Wednesday that more than 100 million doses of Johnson & Johnson's vaccine are now on hold as regulators ...
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Mortgage forbearance helped small business owners, low-income households -NY Fed study Mortgage forbearance was a lifeline for U.S. low-income homeowners and business owners who faced hardship during the pandemic, giving them the leeway to stay in their homes and keep up with other debt payments, according to research released by the ...
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Colonial Pipeline CEO says paying $4.4 million ransom was 'the right thing to do for the country' Colonial Pipeline paid hackers a $4.4 million ransom to regain control of its computer systems and restart fuel delivery to the East Coast, the company's chief executive said Wednesday. In an interview with the Wall Street Journal, Colonial CEO Joseph Blunt ...
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Kroger drop masks for vaccinated customers. Other retailers say "not so fast." People who aren't fully vaccinated must still wear masks in Home Depot stores and in states where mask mandates remain in place, a company spokesperson for the home improvement chain told CBS MoneyWatch. Coffee chain Starbucks ...
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5 Common Retirement Planning Mistakes — And How To Avoid Them More than half of Americans need to take action quickly if they're going to reach their retirement savings goals, according to the most recent Retirement Preparedness Measure (RPM) calculated by Fidelity. The average RPM is 74, but 41% of Americans have ...
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Got $1000? Here's How to Buy the Dip Right Now Most high-flying growth stocks have been on a painful descent over the past three months, and the correction has intensified lately. If you're fortunate enough to have money on the sidelines -- even as little as $1,000 -- this could be an opportunistic time to pick ...
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Ampere Roadmap Update: Switching to In-House CPU Designs, 128+ 5nm Cores in 2022 Today we're covering some news of the more unusual type, and that is a roadmap update from Ampere, and having a closer look what the company is planning in terms of architectural and microarchitectural choices of their upcoming next-generation server ...
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Construction tech upstart Assignar adds a Fifth Wall with $20M Series B Construction technology may not be the sexiest of industries, but it is one where tremendous opportunity lies — considering it has historically lagged in productivity. And, lags in productivity means project delays, which typically costs everyone involved more ...
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Salesforce stock bucks software selloff after upgrade: 'Leading franchises do not stay cheap for long' Morgan Stanley analyst isn't totally sold on Slack deal but thinks broader Salesforce platform is poised to capitalize on rising 'digital transformation' spending. Salesforce announced a $27.7 billion deal for Slack late last year. Stephen Lam/Getty Images.
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Oil prices drop $2 on COVID-19 rise in Asia, inflation fears NEW YORK (Reuters) -Oil prices dropped over $2 a barrel on Wednesday on renewed demand concerns as coronavirus cases in Asia rise and on fears rising inflation might lead the U.S. Federal Reserve to raise interest rates, which could limit economic ...
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Rebound at stores energizes Target's first quarter In its fiscal 2021 first quarter, Target Corp. vaulted over pandemic-driven results a year ago, doubling its net and comparable sales growth and topping Wall Street's earnings-per-share estimate by more than a dollar. Target said Wednesday that net sales for ...
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Oatly could be worth $10 billion after New York IPO London (CNN Business) Fast-growing Swedish oat milk brand Oatly is headed for a splashy New York IPO that will test investor demand for companies that make plant-based foods. The company, which produces a milk substitute made from oats, has grown ...
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Palo Alto Networks pushes enterprise zero trust The new capabilities focus on a number of zero trust mechanisms—including SaaS, cloud and DNS that will be available in June—and will make it significantly easier for organizations to adopt zero-trust security across the enterprise, according to Anand Oswal, ...
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Could Private Student Loans Be Forgiven Under Biden? Biden has consistently expressed support for cancelling student debt, but he has opposed calls for upwards of $50,000 or more in student loan forgiveness, an amount pushed by progressive Democrats and a broad coalition of advocacy groups, labor unions, ...
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Wall Street tumbles, with tech leading the way. Bitcoin's drop takes crypto stocks with it. Wall Street and corporate America have finally bought into Bitcoin, just in time for one of the ugly crashes the cryptocurrency regularly experiences. Stay up to date with live updates in our app. Go to app. Stocks slumped for a third day as a bust in the world of ...
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Squarespace stock sputters in public debut Because Squarespace held a direct listing, it didn't raise new funds through the process of going public. Wednesday's trading action puts Squarespace on track to close the day with a market value of about $6.8 billion, below the $10 billion private-market ...
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Jacksonville's favorite BBQ spots, from local landmarks to latest trendsetters When it comes to barbecue joints, Jacksonville has its fair share, including a couple of locally-based chains dating back decades. But over the last 20 years — and especially the last 10 — the city has welcomed a whole new generation of pitmasters and ...
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The chicken sandwich wars stay hot as more chains join the flock Burger King's Ch'King, Taco Bell's mockumentary and Portillo's giardiniera videos are three of the latest moves · The chicken sandwich craze is far from over and restaurant chains are finding fresh ways to try to stand out—from Cameo videos, to burger ...
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Why Purple Innovation Stock Crashed This Morning Shares of mattress maker Purple Innovation (NASDAQ:PRPL) tumbled out of bed Wednesday, falling nearly 10% early in the morning, and are still down 8.9% as of 11 a.m. EDT. Its own shareholders are to blame. Cartoon man in pajamas falls out of bed.
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Why AMC Entertainment Stock Was Falling Today Shares of AMC Entertainment Holdings (NYSE:AMC) were cooling off today as the stock got swept up in a broader sell-off of popular day-trading targets like meme stocks and cryptocurrencies. As of 12:06 p.m. EDT, AMC stock was down 10.1%, while other ...
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China says it will stabilise commodity market, asks coal producers to hike output China will step up adjustments on the trade and stockpiling of commodities and reinforce inspections on both the spot and futures markets, state broadcaster CCTV reported the cabinet meeting chaired by Premier Li Keqiang as deciding. It ...
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Analog Devices, Riding the Chip Boom, Beats Earnings Estimates Shares of semiconductor maker Analog Devices are jumping after the company beat expectations in its fiscal second-quarter earnings report, which was released early Wednesday. Its investments in additional capacity will help the second half of the year be ...
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Mapping out one edtech company's $200M bet on lifelong learning Mumbai-based Emeritus, an edtech company that works with universities to create online upskilling courses for employed folks, just spent a big chunk of cash to break into K-12. Emeritus, which is part of the Eruditus group, announced today that it plans to ...
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Saxo Starts Crypto FX Trading Amid 'Strong Demand' From Clients Saxo Markets has launched a cryptocurrency offering enabling clients in select markets to trade Bitcoin, Ethereum and Litecoin against the dollar, euro and yen from a single margin account. Clients can trade and hedge both long and short exposure in the ...
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New restaurant planned for site of former 100th Bomb Group near Cleveland Hopkins International Airport The new restaurant is expected to be called Aviator Event Center, combining dining with a microbrewery, Cleveland's airport chief Robert Kennedy said Wednesday. "We think it's a good part of the airport family ...
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Ro acquires Modern Fertility in a deal north of $225 million Ro, also founded in 2017, has spent the past few years growing its business to be far more than its launched purpose: a solution for men with erectile dysfunction. It has since expanded into women's health, smoking cessation, and treats over 20 conditions, ...
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Pipe raises $250 million in funding at $2 billion valuation (Reuters) -Pipe, a startup that lets companies sell their recurring revenue streams on its platform, said on Wednesday it had raised $250 million at a valuation of $2 billion. The latest funding round was led by venture capital firm Greenspring Associates and ...
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Can You Sell NFT Art for $1000000? For example, one dollar bill is worth exactly the same as another dollar bill. In contrast, a non-fungible asset is unique -- for example an original painting by Van Gogh. Or, let's say Frank Sinatra had signed your dollar bill and so made it into something unique.
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Is renting cheaper than owning a home? Here's the answer in America's 50 biggest cities A new report explores how the costs of owning a home compare for those who rent versus those who bought a home. Rent may be expensive in many parts of the country, but it might be a better financial option for some people. Getty Images. Email icon ...
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Crypto crash: After China's regulatory crackdown, Coinbase struggles under weight of sell-off You have 3 free articles left this month. Support our journalism by subscribing to Fast Company Premium or Login here.
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Why Iovance Biotherapeutics Stock Is Crashing Today So what. Iovance previously submitted data to the U.S. Food and Drug Administration (FDA) for its potency assay for lifileucel. The company received feedback from the FDA, prompting it to push back its planned filing for approval of the cell therapy from later this ...
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European Central Bank warns on heightened risks to financial stability As the economy recovers, the number of zombie companies will become apparent, creating a new set of policy problems. Flags of the European Union in front of the headquarters of the European Central Bank in Frankfurt am Main, Germany. AFP via Getty ...
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Investor wants Duke Energy split into three pieces, including one in Tri-State Elliott, one of Duke's 10 largest shareholders with at least $900 million in Duke stock, believes a breakup would maximize shareholder value. "We believe that Duke ...
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Five Below confirms plans for Shelby County distribution center The company joined Governor Eric Holcomb this morning for a ceremonial groundbreaking at the 100-acre site, which is located along the I-74 corridor. Plans for the facility were first detailed last month through ...
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Southwest Matches Revenue and Load Factor Forecasts, but Shares Slip Southwest Airlines (LUV) - Get Report shares fell Wednesday despite reporting metrics that were inline with forecasts and projecting positive trends for the future. In April, operating revenue plunged 42% from pre-pandemic levels, compared to the airline's ...
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Twaice raised $26M to scale its battery analytics software All batteries degrade over time. For automakers, fleet managers and other companies, the crux — and key to profitability — is knowing when they will. But it's surprisingly difficult to understand the health and status of a battery without extensive and expensive ...
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BlockFi Mistakenly Deposits Outsized Bitcoin Payments BlockFi, the crypto lending and trading business, mistakenly deposited large amounts of crypto to user accounts. The payments were associated with a promotion they were running, in which users would receive bonuses in USD stablecoins. The promotion ...
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JD.com Tops Earnings Forecasts; e-Commerce Platform Users Near 500 Million JD.com said diluted non-GAAP earnings for the three months ending in March came in at 2.47 Chinese yuan per share, well ahead of the consensus forecast of 2.21 yuan per share and a 24.7% increase from the same period last year.
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Uniqlo shirts blocked at US border in January on China forced labour concern A U.S. Customs document dated May 10 said a shipment of Uniqlo men's shirts was impounded on Jan. 5 at the Port of Los Angeles due to a suspected violation of the ban. The document said a protest filed by Uniqlo's parent company was denied.
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IKEA recalls 159000 dishes in the US and Canada after some cause burn injuries Unless you're using weak paper plates, you shouldn't expect to be burned by hot food or fluids on a plate. That's why IKEA recalled about 159,400 Heroisk and Talrika bowls, plates and mugs in the United States and Canada. The exact problem, as stated in ...
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Blue Origin discloses $2 million as current highest bid for seat on space flight (Corrects name of spacecraft in paragraph 1). (Reuters) - Blue Origin, billionaire Jeff Bezos' rocket company, disclosed $2 million as the current highest bid for a seat on its New Shepard spacecraft after the startup closed the first phase of its auction.
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Ex-TikTok CEO seen as contender for Discovery-WarnerMedia streaming While one source close to the situation cautioned that it's too early to speculate and no decisions have been made, another noted that Mayer is friendly with a number of Discovery and WarnerMedia insiders, including Discovery Chief Executive David Zaslav.
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GlobalFoundries Partners With Raytheon to Develop New Semiconductor Raytheon makes gallium nitride, a component of high-performance semiconductors that can handle significant heat and power levels, the two companies said. "This makes it ideal to handle 5G and 6G wireless signals, which require higher performance levels ...
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Flamin' Hot Cheetos Were Invented in Plano, We Now Know There's another product we could now add to that list, one that for my money may be the greatest invention our region has given humanity: the Flamin' Hot Cheeto. It's a classic in the junk food ...
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COVID-19 update: More than 1200 new positive cases PENNSYLVANIA, USA — The Pennsylvania Department of Health now lists 1,257 additional positive cases of COVID-19, bringing the statewide total to 1,190,102 on Wednesday, May 19. There were 54 new deaths identified by the Pennsylvania death ...
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Stock Futures Slip With Tech Leading Losses Futures for the S&P 500 declined 0.8% and contracts for the Dow Jones Industrial Average slipped 0.7%. Futures on the Nasdaq-100 fell 1.3%, suggesting technology stocks will be among the biggest losers when markets open.
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Experts: 1 pipeline each for North Carolina natural gas, fuel a concern RALEIGH, N.C. — North Carolina is particularly susceptible to energy interruptions because gasoline and natural gas supplies originate mainly from two pipeline systems, energy industry experts told a state Senate committee Tuesday. Representatives of ...
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