Breaking News: Business
BlackRock’s Larry Fink, who oversees $10 trillion, says Russia-Ukraine war is ending globalization
Larry Fink, chief executive officer of BlackRock Inc., in Zurich, Switzerland, on Thursday, March 7, 2019. Stefan Wermuth | Bloomberg via Getty Images Larry Fink, the CEO and chairman of the world’s biggest asset manager BlackRock, said Russia’s invasion of Ukraine has upended the world order that had been in place since the end of […]
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Alaska Airlines to convert 2 more Boeing jets into freighters in bet on air cargo boom
Alaska Airlines employee Jeff Ferguson loads cargo at Ted Stevens Anchorage International Airport in Anchorage, Alaska. Mark Thiessen | AP Alaska Airlines is turning two of its midlife Boeing 737-800s into cargo planes, a bet that the pandemic boom in air freight will continue to generate revenue even after more passengers return to travel. The […]
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Walmart sues BJ’s Wholesale claiming it stole self-checkout technology
Shoppers stock up on merchandise at a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson | Getty Images Walmart and its big-box warehouse subsidiary Sam’s Club accused rival retailer BJ’s Wholesale Club in a lawsuit filed Tuesday of stealing technology that powers a popular self-checkout option in the Sam’s Club mobile […]
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Omicron BA.2 subvariant will soon dominate in U.S., but Fauci doesn’t expect another surge
Dr. Anthony Fauci speaks about the Omicron coronavirus variant during a press briefing at the White House in Washington, December 1, 2021. Kevin Lamarque | Reuters Omicron’s more contagious subvariant, BA.2, has more than doubled in prevalence over the past two weeks in the U.S. and now represents more than 34% of Covid-19 infections that […]
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Beyond Meat and PepsiCo launch meatless jerky as the first product under their partnership
PLANeT Partnership’s new meatless jerky alternative Source: Beyond Meat Beyond Meat and PepsiCo announced Wednesday they will launch meatless jerky as the first product under their PLANeT Partnership joint venture. The new product is rolling out to grocery stores this month in three flavors: original, hot and spicy, and teriyaki. Protein from peas and mung […]
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SpaceX raises prices for rocket launches and Starlink satellite internet as inflation hits raw materials
A Starlink logo of a satellite internet constellation being constructed by SpaceX is seen on a smartphone and a pc screen. Pavlo Gonchar | LightRocket | Getty Images WASHINGTON — SpaceX is raising prices across its products and services, including for rocket launches and Starlink satellite internet, citing “excessive levels of inflation.” The double-digit price […]
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Petco CEO says company’s growth is inflation-proof, as Americans splurge on pets and bigger homes
A customer exits a Petco store in Clark, New Jersey. Ron Antonelli | Bloomberg | Getty Images Petco CEO Ron Coughlin on Wednesday said the specialty retailer has a key advantage in an uncertain environment: Americans spend on pets, even when their budgets tighten. At an investor day in New York City, he said the […]
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Stellantis, LG Energy Solution to invest $4.1 billion in Canadian EV battery plant
Chris Feuell, CEO of Chrysler brand of Stellantis, introduces the all-electric Chrysler Airflow Concept vehicle during a Stellantis press event at CES 2022 at the Las Vegas Convention Center on January 5, 2022 in Las Vegas, Nevada. Alex Wong | Getty Images DETROIT – Automaker Stellantis and LG Energy Solution will invest about $4.1 billion […]
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Alaska Airlines is trying to ease staffing shortage by offering flight attendants double pay to pick up shifts
A Boeing 737-990operated by Alaska Airlines takes off from JFK Airport on August 24, 2019 in the Queens borough of New York City. Bruce Bennett | Getty Images Alaska Airlines is offering flight attendants double pay to pick up extra trips this spring in hopes of avoiding staffing shortfalls ahead of an even bigger jump […]
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Moderna Covid vaccine for kids under 6 years old was up to 44% effective against omicron infection
With her husband Stephen by her side Erin Shih hugs her children Avery 6, and Aidan, 11, after they got their second Moderna COVID-19 vaccines at Kaiser Permanente Los Angeles Medical Center on Friday, June 25, 2021. Sarah Reingewirtz | MediaNews Group | Getty Images Moderna’s two-dose Covid vaccine was about 44% effective at preventing […]
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