Breaking News: Business
Will Smith apologizes to Chris Rock for slapping him at the Oscars
Will Smith slaps actor Chris Rock onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Will Smith took to social media on Monday to formally apologize to Chris Rock for slapping him during Sunday’s Academy Award ceremony, calling his behavior “unacceptable […]
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Terran Orbital starts trading on the NYSE with $200 million in outstanding spacecraft orders
Spacecraft manufacturer Terran Orbital began trading on the New York Stock Exchange on Monday after closing its SPAC merger, going public with over $200 million in outstanding orders. Terran trades under the ticker LLAP — a reference to the Star Trek saying “live long and prosper” – with shares previously listed under the special purpose […]
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Disney vows to help repeal ‘Don’t Say Gay’ law, says Florida Gov. DeSantis shouldn’t have signed it
Walt Disney employees and demonstrators during a rally against the Florida “Don’t Say Gay” bill at Griffith Park in Glendale, California, U.S., on Tuesday, March 22, 2022. Alisha Jucevic | Bloomberg | Getty Images After Gov. Ron DeSantis signed Florida’s so-called “Don’t Say Gay” bill into law on Monday, the Walt Disney Company condemned the […]
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The Oscars ceremony was a mess even before Will Smith slapped Chris Rock
Will Smith slaps actor Chris Rock onstage during the 94th Oscars at the Dolby Theatre in Hollywood, California on March 27, 2022. Robyn Beck | Afp | Getty Images Sunday’s 94th Academy Award ceremony was already a ham-handed attempt at boosting ratings even before the soon-to-be Oscar-winning actor Will Smith slapped Chris Rock on stage. […]
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Oil slides more than 8% as Shanghai lockdown prompts demand fears
Andrey Rudakov | Bloomberg | Getty Images Oil declined more than 8% at the lows of the day on Monday as concerns over new lockdowns in China and the potential impact on demand sent prices tumbling. West Texas Intermediate crude futures, the U.S. oil benchmark, slipped 8.25% to trade at $104.50 per barrel. International benchmark […]
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Oscars updates: Netflix and Apple face off in streaming-services showdown for Best Picture
Workers place Oscar statues along the red carpet as preparation for the Academy Awards continue in Los Angeles, California, March 24, 2022. Mike Blake | Reuters The Academy of Motion Picture Arts and Sciences is hoping that movie lovers will unite and spark an uptick in ratings for the 94th Academy Awards. With the diversity […]
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JetBlue urges flight attendants to accept assignments as it races to hire 700 people by summer
JetBlue planes at New York’s John F. Kennedy International Airport Leslie Josephs | CNBC JetBlue Airways on Friday urged patience from its flight attendants as it races to hire hundreds of new employees before what it expects to be a monster travel season this spring and summer. “Please do not refuse an assignment you are […]
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Even discount airfares are on the rise thanks to higher fuel costs and strong demand, Frontier CEO says
Travelers can expect higher airfares this spring and summer, even on discount airlines. Frontier Airlines CEO Barry Biffle told CNBC’s “Closing Bell” Friday that bookings and what travelers are paying for tickets as well as add-ons like baggage fees are the highest in the pandemic. “Even with the high fuel prices we believe we can […]
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Second Starbucks location in Mesa, Arizona, votes to unionize
A pro-union poster is seen on a lamp pole outside Starbucks’ Broadway and Denny location in Seattle’s Seattle’s Capitol Hill neighborhood on March 22, 2022. Toby Scott | Sopa Images | Lightrocket | Getty Images A second Starbucks cafe in Mesa, Arizona, has voted to unionize, continuing the coffee chain’s losing streak as its baristas […]
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GM to halt pickup truck production in Indiana due to chip shortage
Trucks come off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018. John Gress | Reuters DETROIT — General Motors will halt pickup truck production at a factory in Indiana for two weeks next month due to an ongoing shortage of semiconductor chips that […]
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