Year: 2022
EU and U.S. agree to new data-sharing pact, offering some respite for Big Tech
U.S. President Joe Biden, right, arrives with European Commission President Ursula von der Leyen for an EU leaders summit in Brussels on June 15, 2021. Thierry Monasse | Bloomberg via Getty Images The European Union and U.S. on Friday announced they had agreed “in principle” a new framework for cross-border data transfers, providing some much-needed […]
Read More
Outgoing FAA chief Steve Dickson on Boeing Dreamliner issues and China Eastern Airlines crash
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau sits down with Steve Dickson, Federal Aviation Administration administrator, to discuss the agency’s work with Boeing and the recent crash of a China Eastern Airlines flight. Source
Read More
Bed Bath & Beyond shares jump after retailer strikes deal with activist investor Ryan Cohen
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond announced Friday that it has struck a deal with activist investor Ryan Cohen, sending shares of the company up about 6% in premarket trading. […]
Read More
Argus downgrades Carnival as fuel costs rise and omicron surges
Recovery in the cruise industry may take longer than expected as fuel costs rise and omicron surges, and that could hurt Carnival shares, according to Argus. Source
Read More
Biden heads to Poland to showcase the human cost of Russia’s war on Ukraine
US President Joe Biden makes a statement about Russia with European Commission President at the US Chief of Mission residence in Brussels, on March 25, 2022. Brendan Smialowski | Afp | Getty Images President Joe Biden will land in to Rzeszow, Poland, on Friday to begin the second leg of his emergency trip to Europe, […]
Read More
5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks to end a volatile week on a high note Traders on the floor of the NYSE, March 18, 2022. Source: NYSE 2. EU strikes gas deal with the U.S. to cut reliance on Russia […]
Read More
Buy Teva Pharmaceuticals amid confluence of positive news, Bernstein says
A recent bout of good news makes Teva Pharmaceuticals a good buy for investors, even though the company faces ongoing opioid litigation, according to Bernstein. Source
Read More
FedEx is testing electric carts for last-mile delivery in big U.S. and Canadian cities
FedEx plans to test electric carts to make deliveries on its signature Express routes in 10 U.S. and Canadian cities throughout 2022. The company hopes electric delivery carts will help address a major challenge it faces in every big city it serves: lack of parking. E-commerce sales grew 86% over prepandemic levels in February, according […]
Read More
Here’s how to take a sabbatical, even if your company doesn’t offer one
Katherine Ullman spent part of her sabbatical in Colombia. Courtesy: Katherine Ullman Katherine Ullman was burned out from working intensely during the Covid-19 pandemic and was questioning her next career move. A two-month sabbatical from her job was just what she needed to reevaluate her life. In December, Ullman, who is 33 years old and […]
Read More
‘MANGO:’ Bank of America thinks these chip stocks can do well despite investor concerns
Bank of America thinks these chip stocks can rally, even as investors grow increasingly concerned with rising inflation and ongoing supply chain bottlenecks. Source
Read More