business news
Holiday shopping season expected to be muted as inflation squeezes shoppers
Shoppers hold hands at the Willow Grove Park Mall in Willow Grove, Pennsylvania, November 14, 2020. Mark Makela | Reuters Retailers are scrambling to prepare for the fast-approaching holiday shopping season, but sales growth is expected to be muted this year as consumers cope with tightening budgets. A spate of reports say shoppers are likely […]
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Boeing sent 35 planes in August as new Dreamliners returned
The Lufthansa Boeing 787-9 plane stands on its parking place at Frankfurt Airport, with a further Lufthansa plane in the history. The first Boeing 787-9 jet landed at its new household foundation in Frankfurt. Hannes P. Albert | Photo Alliance | Getty Visuals Boeing’s deliveries rose to 35 planes very last thirty day period, helped […]
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How the U.S. got hooked on big cars — despite their downsides
Americans love big cars. It gave the world Cadillacs with massive tailfins and oversize pickup trucks. In Europe, for example, small cars like city cars, subcompacts, and compact cars made up more than 35 percent of sales in 2021, according to industry analyst JATO Dynamics. In the United States, those three segments made up just […]
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Peloton expands Bike rental program nationwide
A Peloton stationary bike for sale at the company’s showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton will expand its rental program nationally, the company said Tuesday. The announcement came a day after Peloton unveiled sweeping leadership changes, including the departure of co-founder, executive chairman […]
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Enjoy: Twitter whistleblower Peiter ‘Mudge’ Zatko testifies before the Senate Judiciary Committee
[The stream started at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Twitter’s former protection main Peiter “Mudge” Zatko is testifying prior to the Senate Judiciary Committee on Tuesday starting off at 10 a.m. Jap Time. Zatko filed a whistleblower grievance versus Twitter about the […]
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Inflation rose .1% in August even with sharp drop in fuel selling prices
Inflation rose far more than expected in August as increasing shelter and meals expenditures offset a drop in fuel rates, the Bureau of Labor Data reported Tuesday. The purchaser rate index, which tracks a wide swath of products and products and services, enhanced .1% for the thirty day period and 8.3% around the earlier 12 […]
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The Harlem Globetrotters are returning to TV for the first time in more than 40 years
SYDNEY, AUSTRALIA – JULY 03: Bounce Moody scores a slam-dunk during the Harlem Globetrotters Spread Game Tour at Qudos Bank Arena on July 03, 2022 in Sydney, Australia. (Photo by Nathan Hopkins/Getty Images) Nathan Hopkins | Getty Images Sport | Getty Images The Harlem Globetrotters are returning to network TV for the first time in […]
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Amazon announces new $99 Kindle e-reader with better screen
Amazon on Tuesday announced a new entry-stage $99 Kindle e-reader with various advancements around the prior model. The largest improve is the display screen, which is a lot sharper than the before $89 Kindle. That indicates text will glance clearer when you happen to be reading, alternatively of a bit blurry. The sharpness is now […]
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The U.S. has a pilot lack — here’s how airlines are striving to take care of it
U.S. airways are facing a intense pilot scarcity. Management consulting business Oliver Wyman estimates the sector is struggling with a deficit of about 8,000 pilots, or 11% of the full workforce, and suggests the shortfall could reach 30,000 pilots by 2025. In a bid to slash charges throughout the Covid pandemic, airways grounded planes, and […]
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How satellite broadband company SES wants to distinguish itself from rivals like SpaceX’s Starlink
PARIS — European satellite broadband operator SES wants to distinguish its services from the likes of industry challengers in SpaceX’s Starlink and Amazon’s Kuiper, as the company looks to reinforce its market position. SES CEO Steve Collar, speaking to CNBC at the annual World Satellite Business Week conference, said his company’s services, supported by satellites […]
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