In this article JBLU ULCC SAVE A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Spirit Airlines shareholders are scheduled to finally vote on a planned tie-up with Frontier Airlines on Wednesday, a deal that has
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In this article TWTR The Twitter logo and trading information is displayed as a trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 3, 2022. Brendan Mcdermid | Reuters Twitter said on Tuesday that the company “significantly slowed hiring” in the second quarter. The company disclosed
In this article SHOP-CA An employee works at Shopify’s headquarters in Ottawa, Ontario, Canada. Chris Wattie | Reuters Shopify is laying off roughly 1,000 workers, or around 10% of its global workforce, the company announced Tuesday. Shares of Shopify sank more than 16% following the announcement. In a memo to staff, CEO Tobi Lutke acknowledged
There are grave concerns that the U.S. and other countries are not doing enough to contain monkeypox from becoming a large scale global outbreak, according to an infectious disease epidemiologist. Over the weekend, the World Health Organization activated its highest alert level for the virus, labeling monkeypox a public health emergency of international concern. The
On July 20th, Russia’s foreign minister, Sergey Lavrov, told the Russian news outlets Tass, RIA Novotni, and Sputnik that Russia wants to take the war in the Ukraine much farther than the territories that Russia now controls in the Donbas and Luhansk regions. Russia wants to move south, west, and north to the regions of
In this article GM A man attaches a charging plug to a General Motors Co. (GM) Chevrolet 2017 Volt hybrid electric vehicle (EV) at a charging station in Jeju, South Korea. SeongJoon Cho | Bloomberg | Getty Images DETROIT – General Motors is launching a new tool that it believes will assist in filling the
WASHINGTON, DC – OCTOBER 21: (L-R) Associate Supreme Court Justice Clarence Thomas sits with his wife and conservative activist Virginia Thomas while he waits to speak at the Heritage Foundation on October 21, 2021 in Washington, DC. Drew Angerer | Getty Images News | Getty Images Virginia “Ginni” Thomas, the wife of conservative Supreme Court
In this article GM GM Chair and CEO Mary Barra addresses investors Oct. 6, 2021 at the GM Tech Center in Warren, Michigan. Photo by Steve Fecht for General Motors DETROIT — In September 2017, General Motors CEO Mary Barra and her top executives visited the automaker’s design dome, considered hallowed ground within the company
President Joe Biden, who tested positive today for Covid-19 this morning, posts on Twitter “Folks, I’m doing great. Thanks for your concern. Just called Senator Casey, Congressman Cartwright, and Mayor Cognetti (and my Scranton cousins!) to send my regrets for missing our event today.” Courtesy: White House President Joe Biden likely has the BA.5 Covid-19 variant
The Covid-19 pandemic caused chaos in the U.S. housing market, with prices skyrocketing, inventories dwindling and intense bidding wars. Then came record inflation, which drove the price of everything higher. The U.S. Federal Reserve, though, is waging an intense fight against rising prices, using interest rates as its primary weapon. A side effect of raising
A Northwell Health staff member holds the monkeypox vaccine, at Cherry Grove on Fire Island, New York, where monkey pox vaccines were administered on July 14, 2022. James Carbone | Newsday | Getty Images The Biden administration is considering declaring a public health emergency in response to the growing monkeypox outbreak, a senior White House
In this article TWTR Musk would have been appointed to Twitter’s board on Saturday, but the world’s richest man informed the company on the day that he would not, in fact, be taking the board seat. Andrew Burton | Getty Images News | Getty Images Twitter reported earnings for the second quarter on Friday that
In this article AMZN A sign is posted in front of a One Medical office on July 21, 2022 in San Rafael, California. Justin Sullivan | Getty Images Amazon still makes most of its revenue from orders placed through its online stores, and most of its profit from its cloud computing arm. Both of those
In this article DPZ An employee places a cooked pizza into a delivery box inside a Domino’s Pizza Group Plc store. Jason Alden | Bloomberg | Getty Images Domino’s Pizza on Thursday reported mixed quarterly results as the pizza chain struggled with higher costs and an ongoing shortage of delivery drivers. The Ann Arbor, Michigan-based
Satya Nadella, chief executive officer of Microsoft Corp., appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Microsoft said it will decelerate the pace of hiring new employees given current economic conditions, following similar announcements from its tech counterparts. “As
Sefa Ozel | E+ | Getty Images The Senate voted to advance a slimmed-down version of its bill designed to boost U.S. semiconductor competition with China. The bill cleared a key procedural hurdle Tuesday evening in a 64-34 vote even as lawmakers worked to finish various sections of the legislation. The bill, which would provide about
Former US President Donald Trump speaks at a rally endorsing Republican candidates Adam Laxalt and Joe Lombardo (not pictured) July 8, 2022, in Las Vegas. Ronda Churchill | AFP | Getty Images Former President Donald Trump this month called Wisconsin Assembly Speaker Robin Vos and urged him to decertify President Joe Biden’s 2020 election win
Take a look at some of the biggest movers in the premarket: IBM (IBM) – IBM slid 5.9% in premarket action despite beating top and bottom line estimates for the second quarter. IBM warned of a $3.5 billion impact to earnings because of the strong U.S. dollar. NCR (NCR) – NCR surged 11.5% in the
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