business news
France’s Macron to face far-right rival Le Pen in presidential election runoff
The cost of living and the war in Ukraine have been front and center of the political debate ahead of the French vote. Chesnot | Getty Images News | Getty Images French leader Emmanuel Macron and his far-right rival Marine Le Pen topped the first round of presidential elections on Sunday, according to exit polls, […]
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Video shows what happens when a driverless car gets pulled over
A recent video posted online shows a driverless Cruise car getting pulled over in San Francisco by police who found the autonomous vehicle didn’t have anyone behind the wheel. In the video posted on April 1, the Cruise car initially pulls over to the side of the road and stops as a cop approached the […]
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Biden expected to release rule on ghost guns as soon as Monday
A Real Avid kit for building and customizing AR-15 rifles is displayed at Firearms Unknown, a gun store in Oceanside, California, U.S., April 12, 2021. Bing Guan | Reuters The Biden administration will come out with its long-awaited ghost gun rule — aimed at reining in privately made firearms without serial numbers that are increasingly […]
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Iran MPs set conditions for reviving 2015 nuclear deal amid stalled talks
A picture taken on November 10, 2019, shows an Iranian flag in Iran’s Bushehr nuclear power plant, during an official ceremony to kick-start works on a second reactor at the facility. ATTA KENARE | AFP via Getty Images Iranian lawmakers have set conditions for the revival of a 2015 nuclear pact, including legal guarantees approved […]
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Shanghai residents question human cost of China’s Covid quarantines
The metropolis of Shanghai, where many foreign businesses are located, entered a two-part lockdown this week as municipal authorities sought to control an outbreak in China’s worst Covid wave in two years. Hector Retamal | Afp | Getty Images Lu, 99, was a long-time resident at Shanghai’s Donghai Elderly Care hospital, her loved ones secure […]
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How Amazon plans to fix its massive returns problem
Amazon is handling a rapidly growing number of returns that are causing a massive problem for the e-commerce giant and the planet. A National Retail Federation survey found a record $761 billion of merchandise was returned to retailers in 2021. That amount surpasses what the U.S. spent on national defense in 2021, which was $741 […]
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Russia-Ukraine war is having a limited impact on Europe vacation bookings, experts say
Travelers booking luxury trips to Europe have not canceled amid the Ukraine war, says travel advisor Jessica Griscavage of Runway Travel. Pictured, Grignan, France. Westend61 | Westend61 | Getty Images As the Russian invasion of Ukraine continues with no end in sight, how are Americans’ European vacation plans being affected? It depends on whom you […]
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Earnings playbook: Big banks and an airline kick off the reporting season
The corporate earnings season will get going next week with some of the biggest U.S. banks slated to report. Source
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JetBlue is cutting its summer schedule to avoid further flight disruptions
JetBlue planes at New York’s John F. Kennedy International Airport Leslie Josephs | CNBC JetBlue Airways is planning to trim its summer schedule to avoid flight disruptions as it scrambles to hire ahead of what executives expect to be a monster peak travel season. “We’ve already reduced May capacity 8-10% and you can expect to […]
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Russia’s war will reorient global energy flows and these stocks stand to benefit, says Bernstein
Moving away from Russian energy means billions of dollars in new infrastructure spending, and these names stand to benefit, according to Bernstein. Source
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