Month: April 2022
American Airlines pilots’ union sues carrier over request to help with training on days off
An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images The union that represents American Airlines’ pilots sued the carrier in federal court Thursday to block a program that encourages aviators to help with simulator training, an initiative […]
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DOJ charges 3 Russians with running ‘foreign influence and disinformation network’ in U.S.
Russian businessman and politician Alexander Babakov on February 22, 2021, in Moscow, Russia. Mikhail Svetlov | Getty Images The Department of Justice charged a high-ranking Russian legislator and two of his staffers with running a yearslong scheme to influence U.S. officials peddle disinformation to advance the Kremlin’s interests, according to court documents made public Thursday. […]
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Investor optimism on stocks hits 30-year low by one measure. Here’s what that means
In the latest AAII poll, bullishness, or hopes for a higher stock market over the next six months, slumped to 15.8% Source
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Biden pollster GSG is ‘deeply sorry’ for Amazon anti-union work as labor groups abandon it
Amazon workers arrive with paperwork to unionize at the NLRB office in Brooklyn, New York, October 25, 2021. Brendan Mcdermid | Reuters Top labor groups and political action committees are distancing themselves from a major Democratic pollster after it was revealed that the firm worked on Amazon’s anti-labor efforts at a warehouse on New York’s […]
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UK freezes record $13 billion in assets linked to two Abramovich associates
Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason | Getty Images WASHINGTON — The United Kingdom on Thursday announced that it had frozen assets belonging to two Russian oligarchs worth up to […]
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Cruise stocks have been ‘massive underperformers’ and Citi’s Hardiman sees opportunity
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email James Hardiman, Citigroup Global Markets director and travel analyst, joins ‘Power Lunch’ to discuss what will be the leading cruise line stock post-recovery, why cruise stocks are lagging the broader markets and more. Source
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Here’s why health savings accounts may contribute to inequality
The Good Brigade | Digitalvision | Getty Images A popular way to save for out-of-pocket medical expenses might be contributing to health-care inequality, new research suggests. Health savings accounts are tax-advantaged accounts available to Americans with high-deductible health insurance policies. Federal law established them in 2003. Since then, HSAs have grown quickly as employers have […]
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Elon Musk says he’s ‘not sure’ he’ll be able to buy Twitter after $43 billion bid, teases a plan B
Brendan Smialowski | Afp | Getty Images Billionaire Tesla CEO Elon Musk acknowledged Thursday he is “not sure” he’ll actually be able to buy Twitter, hours after he revealed a $43 billion offer. Musk comments came at the TED2022 conference in Vancouver just hours after he revealed in a regulatory filing Thursday that he offered […]
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Worried about rising inflation? With nearly risk free I bonds soon to pay 9.62%, here’s what you need to know
Eakgrunge | Istock | Getty Images Less risk often means lower returns. But that’s not the case with I bonds, an inflation-protected and government-backed asset, which may soon pay an estimated 9.62%. I bonds currently offer 7.12% annual returns through April, and the rate may reach 9.62% in May based on the latest consumer price index data. Annual […]
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Crypto firm Ripple’s court battle with the SEC has gone ‘exceedingly well,’ CEO says
PARIS — Ripple CEO Brad Garlinghouse is confident the company will come out well as its lengthy court battle with the U.S. Securities and Exchange Commission nears a conclusion. The San Francisco-based start-up is fighting the SEC over allegations that Ripple, Garlinghouse and executive chairman Chris Larsen engaged in an illegal securities offering through sales […]
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