Day: April 17, 2022
S&P 500 futures slide ahead of a huge week of earnings reports
Stock futures fell Sunday evening as investors braced for a week of major first-quarter earnings reports ahead. Futures on the Dow Jones Industrial Average lost about 150 points, or 0.4%. S&P 500 futures shed 0.5%. Nasdaq futures were lower by 0.8%. Bank of America reports quarterly results Monday before the bell. Several Dow blue-chip names […]
Read More2 minors dead after mass shooting at Pittsburgh Airbnb party
Police said a large party was being held at an Airbnb when shots broke out. Pittsburgh Public Safety Two minors were killed early Sunday after shots were fired at a large party hosted at an Airbnb rental in Pittsburgh, according to the city’s police blotter. At least nine others were being treated for gunshot wounds […]
Read MoreChina Eastern restarts flights using Boeing 737-800 after March crash
A China Eastern Airlines Boeing 737-800 aircraft flies on February 13, 2022 in Kunming, Yunnan Province of China. Vcg | Visual China Group | Getty Images China Eastern Airlines has restarted using Boeing 737-800 jetliners for commercial flights less than a month after a crash that killed 132 people on board and grounded over 200 […]
Read MoreIt’s a matter of when, not if, the SEC approves bitcoin spot ETF, says Grayscale CEO
Crypto experts are hopeful a spot bitcoin ETF could arrive as soon as this year. The optimism comes on the heels of the Securities and Exchange Commission approving an application for the Teucrium Bitcoin Futures ETF earlier this month. The fund was filed under the Securities Act of 1933, instead of the Investment Company Act […]
Read MoreAmerican Airlines’ new CEO vows reliability as massive peak travel season kicks off
An American Airlines Boeing 777-300ER plane takes off from Sydney Airport in Sydney, Australia, October 28, 2020. Loren Elliott | Reuters American Airlines’ new CEO Robert Isom is aiming for one thing this summer: reliability. The airline grew faster than its large competitors last year and occasionally passengers faced widespread disruptions, the result of routine […]
Read MoreNorth Korean leader Kim observes missile test to boost nuclear capabilities
North Korean leader Kim Jong Un inspects the proposed building site for the Ryonpho Vegetable Greenhouse Farm in the Ryonpho area of Hamju County, North Korea, in this undated photo released January 28, 2022 by North Korea’s Korean Central News Agency (KCNA). KCNA | via Reuters North Korean leader Kim Jong Un observed the test-firing […]
Read MoreShanghai targets lockdown turning point by Wednesday, sources say
Medical workers in protective suits check a child patient as they conduct ward rounds at Shanghai New International Exhibition Hall, which has been turned into a makeshift hospital for the coronavirus disease (COVID-19), in Shanghai, China April 9, 2022. China Daily | Reuters Shanghai has set a target to stop the spread of Covid-19 outside […]
Read MoreMoscow claims forces have taken most of Mariupol; Ukrainian fighters given last chance to surrender
Ukrainian fighters in Mariupol told ‘their lives will be spared’ if they surrender Maxar satellite imagery gives an overview of the Azovstal Iron and Steel Works in eastern Mariupol where Ukrainian fighters are believed to be holding out against a Russian takeover of the southern port city. Maxar | Maxar | Getty Images Russia says […]
Read MoreChina’s Covid policy locks down a city three times the size of New York
The Huangpu River splits the Chinese city of Shanghai between the older settlement on the west and the newer, financial center on the east. Johannes Eisele | Afp | Getty Images China’s latest wave of Covid restrictions has forced millions of people — roughly three times as many as live in New York City — […]
Read MoreElon Musk could try to run three major companies at once — the last known CEO who did it is now an international fugitive
Elon Musk’s bid to acquire Twitter might have an undesirable side-effect for the billionaire: adding yet another large company to his jam-packed schedule. The Tesla and SpaceX CEO has offered to buy every Twitter share he doesn’t already own — 90.8% of the company — in a deal worth roughly $43 billion, according to a […]
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