business news
Judge grants bail to two men accused of impersonating Homeland Secrity agents
Arian Taherzadeh, sketch from detention hearing for the two men charged with impersonating DHS agents. Source: Bill Hennessy A judge granted bail Tuesday to two Washington, D.C., men criminally charged with impersonating federal law enforcement agents. The ruling by Judge G. Michael Harvey in federal court for the District of Columbia came a week after […]
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Investing Club: Here’s why we’re reversing last month’s downgrade of American Eagle
With shares trading at 8 times earnings with a 4.3% dividend yield and management finally acknowledging the low valuation of the company, we are having a hard time continuing to be so pessimistic about this name. Source
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Gilbert Gottfried, iconic comedian, dies at 67 after long illness
Gilbert Gottfried attends the Build Series to discuss “The Last Laugh” at Build Studio on February 28, 2017 in New York City. D Dipasupil | Filmmagic | Getty Images Comedian Gilbert Gottfried has died at age 67, according to his family. “We are heartbroken to announce the passing of our beloved Gilbert Gottfried after a […]
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Netflix subscriber numbers to take a hit from removal of Russian customers, analysts warn
The streaming platform on March 6 pulled its service in Russia following the country’s invasion of Ukraine. Source
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Zelenskyy says Ukraine captured pro-Putin politician Viktor Medvedchuk who escaped house arrest
President Zelenskyy posted on social media a photo of Viktor Medvedchuk with “A special operation was carried out thanks to the SBU. Well done! Details later. Glory to Ukraine!” Written underneath. Courtesy: Office of Presidency of Ukraine Ukraine President Volodymyr Zelenskyy on Tuesday announced the apparent capture of Viktor Medvedchuk, a pro-Kremlin politician who was […]
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Concerned about inflation? Here’s why stock investors should stay the course, says Ritholtz COO
For stock investors pondering how to ride out the worst bout of inflation in four decades, don’t worry and stay the course, according to Nick Maggiulli, chief operating officer at Ritholtz Wealth Management. Prices that consumers pay for everyday items surged a whopping 8.5% in March, the highest levels since the early days of the […]
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Amazon warehouse workers suffer serious injuries at twice the rate of rivals, study finds
An Amazon warehouse Getty Images Amazon warehouse workers in the U.S. suffered serious injuries at twice the rate of rival companies in 2021, according to a new study. There were 6.8 serious injuries for every 100 Amazon warehouse workers. That’s more than twice the rate of all other employers in the warehouse industry, which had […]
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Airfare surged 20% over pre-pandemic levels in March as inflation hit vacations
Travelers wait in line at the Delta Air Lines check-in area at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Airfare is surging as higher fuel prices and strong travel demand drive up the cost of flights. Consumers spent $8.8 billion […]
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Stripe teams up with major tech companies to commit $925 million toward carbon capture
Pods, operated by Carbfix, containing technology for storing carbon dioxide underground, in Hellisheidi, Iceland, on Tuesday, Sept. 7, 2021. Startups Climeworks AG and Carbfix are working together to store carbon dioxide removed from the air deep underground to reverse some of the damage CO2 emissions are doing to the planet. Photographer: Arnaldur Halldorsson/Bloomberg via Getty […]
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CNN+ struggles to lure viewers in its early days, drawing fewer than 10,000 daily users
People walk by the world headquarters for the Cable News Network (CNN) on March 15, 2022 in Atlanta, Georgia. Anna Moneymaker | Getty Images Fewer than 10,000 people are using CNN+ on a daily basis two weeks into its existence, according to people familiar with the matter. The people spoke with CNBC on the condition […]
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