Month: June 2022
Macron alliance projected to lose parliamentary majority
French President Emmanuel Macron’s alliance got the most seats in the final round of the parliamentary election on Sunday, but it lost its parliamentary majority, projections show. The projections, which are based on partial results, show that Macron’s candidates would win between 200 and 250 seats — much less than the 289 required to have […]
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Holiday weekend sees massive amount of flight cancellations
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, June 1, 2022. Mike Segar | Reuters Thousands of flights wound up cancelled and delayed during the Juneteenth and Father’s Day holiday weekend, which included the busiest air travel day […]
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‘The world was not ready for a fight of this scale,’ Ukraine’s top negotiator says
Ukrainian police officers document the destruction at one of Europe’s largest clothing market “Barabashovo” (more than 75 hectares) in Kharkiv on May 16, 2022, which was destroed as aresult of shelling, amid Russian invasion of Ukraine. Sergey Bobok | AFP | Getty Images WASHINGTON – The Ukrainian negotiator leading the now-stalled talks with Russian officials […]
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Pixar’s ‘Lightyear’ snares $51 million in domestic opening
Chris Evans voices Buzz Lightyear in Pixar’s “Lightyear.” Disney Pixar’s “Lightyear” rocketed to a $51 million domestic opening, the best performance of an animated feature since the pandemic began. Internationally, the Disney film tallied $34.6 million in ticket sales, bringing its global haul to $85.6 million. The animated film’s performance, while strong for a pandemic […]
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Many younger baby boomers may outlive their 401(k) savings, new research finds. Here’s why
Elena Kurkutova | Istock | Getty Images Older Americans may have a number of different goals with their retirement savings. But usually their main goal is the same: to make it last. Unfortunately, many younger baby boomers and members of subsequent generations who don’t have access to a traditional pension could outlive the funds in […]
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Inflation and recession fears are squeezing some industries more than others
A woman pushes a shopping cart through the grocery aisle at Target in Annapolis, Maryland, on May 16, 2022, as Americans brace for summer sticker shock as inflation continues to grow. Jim Watson | AFP | Getty Images People still appear willing to shell out to travel, go to the movies and have a drink […]
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NATO warns of long Ukraine war as Russian assaults follow EU boost for Kyiv
NATO’s Stoltenberg says Russia’s war in Ukraine could last for years. Valeria Mongelli | Afp | Getty Images The war in Ukraine could last for years, the head of NATO said on Sunday, as Russia stepped up its assaults after the European Union recommended that Kyiv become a candidate to join the bloc. Jens Stoltenberg […]
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Macron faces tough battle for control of parliament as France votes
After five years of undisputed control, Macron, known for his top-down approach to power, is looking at a new mandate where he will need to strike more compromises. Ludovic Marin | Afp | Getty Images France votes on Sunday in a high-stakes parliamentary election that could deprive centrist President Emmanuel Macron of the absolute majority […]
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Apple workers in Maryland vote for company’s first unionized store in U.S.
An employee arranges Apple iPhones as customer shop at an Apple store. Mike Segar | Reuters Employees at an Apple store in Towson, Maryland voted Saturday to join a union, a significant achievement for organized labor that could encourage employees at other Apple stores to unionize. The Towson store is the first unionized Apple store […]
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Bitcoin drops below $18,300 as sell-off accelerates — here’s what happened
Bitcoin plunged to $18,248, and ether fell to $944 as of mid-afternoon on Saturday, as the sell-off in the crypto market accelerates. The world’s two most popular cryptocurrencies are down more than 35% in the past week, as both breach symbolic price barriers. Carnage in the crypto market is partly to do with pressure from […]
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