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Air travel is roaring back, but not without some significant hiccups. Particularly in North America and Europe, travelers have described chaos at airports, with multiple flights canceled or delayed, baggage lost and wait times to board the plane of more than four hours. This is partly the result of labor shortages from the pandemic, as … Read More “Executives defend industry as airlines cancel flights around the world” »
Elon Musk, seen here at an event in New York in early May, is aggressively gearing up to build its electric vehicles “end to end” in resource-rich Indonesia. Angela Weiss | AFP | Getty Images President Joko Widodo has denied that Indonesia has become protectionist during his tenure, saying the doors are open to all … Read More “Jokowi talks about why Elon Musk should invest in Indonesia” »
Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square-foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York on June 1, 2022. Mike Seger | Reuters Thousands of flights were canceled and delayed during the Juneteen and Father’s Day holiday weekend, including Friday, the busiest air travel day of … Read More “There are a lot of flight cancellations over the holiday weekend” »
Chris Evans voices Buzz Lightyear in Pixar’s “Lightyear”. Disney Pixar’s “Lightyear” made a $51 million domestic debut, the best performance of an animated feature since the pandemic began. internationally, Disney The film raised $34.6 million in ticket sales, bringing its global sales to $85.6 million. The performance of the animated film, while gearing up for … Read More “Pixar film grosses $51 million in domestic opening” »
Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference on June 6, 2022 in San Jose, Calif. Peter DaSilva | Reuters It’s about the middle of the year, and there’s no end to the volatility in the stock market. Investors already reeling from a sharp fall in stocks faced another surprise last week … Read More “Top Wall Street Analysts Say Buying Apple and Bank of America” »
A woman pushes a shopping cart through the grocery aisle at Target on May 16, 2022 in Annapolis, Maryland, as Americans prepare for sticker shock in the summer as inflation continues to rise. Jim Watson | AFP | Getty Images People still appear ready to travel, go to the movies and have a drink or … Read More “Inflation and recession fears are squeezing some industries more than others” »
A child is given a dose of the Pfizer-BioNTech coronavirus disease (COVID-19) pediatric vaccine. Myla Lopez | Reuters Independent vaccine experts from the Centers for Disease Control and Prevention on Saturday endorsed Pfizer and Moderna’s COVID-19 shots for babies under 6 months old. The CDC committee voted unanimously to recommend the shots for use in … Read More “CDC advisory recommends vaccine for children under 6 months of age” »
Analysts said this week that worried investors should strengthen their portfolios with stocks that have the best chance to withstand market volatility and represent good buying opportunities over the long term. These companies have certain characteristics that Wall Street analysts believe will allow them to come out on the other side of the turmoil. CNBC … Read More “Stocks like Coinbase and Pinterest are bearish buys” »
Inga Kejer | Phototheque | Getty Images For decades Microsoft has clung to a traditional definition of office work, long hours in front of computers, but now corporate enterprise giant Gen Z is giving entrepreneurs disruptive ideas about the hustle and bustle of the workplace and the traditional 9-5 days. Is. Many recent Gen Z … Read More “Microsoft finds Gen Z is redefining the idea of work hustle” »
If history is any guide, investors are in more pain in the fall. In a note to clients Thursday, Bank of America’s Michael Hartnett calculated where and when this bear market will end if it matches the average magnitude and length of previous market declines. This isn’t good news for fall investors. “History is no … Read More “If history is followed accurately, the bear market will end in October with the S&P 500 at 3,000” »
