Month: June 2022
Pelosi says Democrats are mulling plans to protect abortion access, info stored in reproductive health apps
Speaker of the House Nancy Pelosi (D-CA) finishes a news conference after the U.S. Supreme Court struck down Roe v Wade, which guaranteed a woman’s right to an abortion, in the Capitol Visitors Center on June 24, 2022 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images House Speaker Nancy Pelosi on […]
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Alabama abortion clinic cancels 100 appointments after Supreme Court overturns Roe v. Wade
A woman chants at the Alabama State Capitol during the March for Reproductive Freedom against the state’s new abortion law, the Alabama Human Life Protection Act, in Montgomery, Alabama, May 19, 2019. Michael Spooneybarger | Reuters West Alabama Women’s Center in Tuscaloosa has canceled 100 appointments for women scheduled to have abortions this week after […]
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American Airlines’ regional carrier offers pilots triple pay to pick up trips in July
American Airlines Embraer ERJ-145 regional jet aircraft as seen on final approach landing at New York JFK international airport in NY, on February 13, 2020. Nicolas Economou | Nurphoto | Getty Images American Airlines’ regional carrier Envoy Air is offering pilots triple pay to pick up trips for most of next month, the latest effort […]
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The housing market slowdown is showing up in shipping data from China
Spending cutbacks by the consumer already led to a decrease in Chinese manufacturing orders by U.S. importers of 20-30%, as recently reported by CNBC, and more recent data from U.S. shippers shows the housing market slowdown is now showing up in the Asian supply chain data too. “We are seeing the impact and slowdown across […]
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Robinhood shares jump 12% and are halted on report FTX may be exploring a deal
A woman holds a smartphone with the Robinhood logo in the background. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Robinhood shares jumped on Monday after Bloomberg News reported crypto exchange FTX was considering acquiring the trading app. The stock soared 12% to its session high and was briefly halted after a report […]
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Amazon will have two Prime shopping events this year, second one coming in Q4
A contractor working for Amazon.com cleans a delivery truck in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Amazon plans to hold a second shopping event for Prime members this year, in the fourth quarter, according to a notice viewed by CNBC. It will be the first […]
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Brookfield’s Mark Carney on the firm’s new $15 billion bet on the clean energy transition
(Click here to subscribe to the Delivering Alpha newsletter.) Brookfield Asset Management announced last week that it raised a record $15 billion for its inaugural Global Transition Fund. This marks the world’s largest private fund dedicated to the net zero transition, signaling that investors are still committed to establishing cleaner portfolios. However, some blame the trend toward ESG-investing for […]
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SPACs wipe out half of their value as investors lose appetite for risky growth stocks
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, June 16, 2022. Brendan McDermid | Reuters SPACs, once Wall Street’s hottest tickets, have become one of the most hated trades this year. The proprietary CNBC SPAC Post Deal Index, which is comprised of SPACs that have completed their mergers […]
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Jan. 6 committee announces surprise hearing for Tuesday on new evidence
Chairperson Bennie Thompson (D-MS) attends the third of eight planned public hearings of the U.S. House Select Committee to investigate the January 6 Attack on the United States Capitol, on Capitol Hill in Washington, June 16, 2022. Sarah Silbiger | Reuters The House select committee investigating the Jan. 6 Capitol riot announced it will hold […]
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Iran nuclear talks to resume this week in Qatar
Negotiations between Iran and world powers on reviving a 2015 nuclear deal are set to resume this week in the Qatari capital of Doha after the talks broke down in March, a Biden administration spokesperson said Monday. A State Department spokesperson said there would be “indirect discussions” in Doha this week. “We are grateful to our EU […]
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