Business
Manhattan DA says Trump criminal investigation continues despite two prosecutors quitting
Former U.S. President Donald Trump speaks during a rally at Florence Regional Airport in Florence, South Carolina, U.S., March 12, 2022. Randall Hill | Reuters The Manhattan district attorney, in an unusual statement Thursday, sought to assure the public that his criminal investigation of former President Donald Trump and the Trump Organization is continuing despite […]
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Methane emissions surged by a record amount in 2021, NOAA says
A broken oil well pipeline gauge near Depew, Oklahoma J Pat Carter/Getty Images Global emissions of methane, the second-biggest contributor to human-caused climate change after carbon dioxide, surged by a record amount in 2021, the National Oceanic and Atmospheric Administration said on Thursday. Methane, a key component of natural gas, is 84 times more potent than […]
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Who loses if JetBlue buys Spirit? Comedians
Travelers check in for a Spirit Airlines flight at Orlando International Airport on the Friday before Memorial Day. Paul Hennessy | Lightrocket | Getty Images JetBlue’s surprise $3.6 billion cash bid for Spirit is threatening the latter’s plan to merge with Frontier into a discount airline behemoth. It’s also threatening one of comedians’ favorite sources […]
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New York Attorney General asks judge to hold Donald Trump in contempt for stonewalling on documents
New York State Attorney General, Letitia James, speaks during a news conference, to announce criminal justice reform in New York City, U.S., May 21, 2021. Brendan McDermid | Reuters New York Attorney General Letitia James asked a judge Thursday to hold former President Donald Trump in contempt of court for refusing to comply with a […]
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Top Morgan Stanley analyst Graseck gives her favorite bank picks into earnings
The analyst has three preferred picks that will benefit from higher interest rates and accelerating loan growth even with the greater likelihood of recession. Source
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Stocks making the biggest moves midday: HP, Constellation Brands, CDK Global and more
A man passes a Hewlett Packard display at a technology conference Jim Young | Reuters Check out the companies making headlines in midday trading. HP — Warren Buffett’s Berkshire Hathaway became the largest shareholder in the computer hardware company, sending shares up 16.4%. Berkshire Hathaway bought nearly 121 million shares, or about an 11% stake […]
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Apple will promote Siri and Apple Music on its first live sports broadcast
Washington Nationals second baseman Josh Harrison (5) gets the force out of New York Mets third baseman J.D. Davis (28) in the 6th inning of the spring training game at Clover Park. Jasen Vinlove | USA TODAY Sports | Reuters Apple’s first foray into live sports starts on Friday when the company will broadcast two […]
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Walmart says it is raising truckers’ pay and starting a training program as it grapples with a driver shortage
A Walmart truck departs the company’s distribution center in Washington, Utah. Bloomberg | Bloomberg | Getty Images Walmart said Thursday it is raising pay for long-haul truck drivers and launching a new program to train the next generation, as it seeks the staffing it relies on to replenish store shelves and warehouses across the country. […]
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U.S. has until June to decide whether we need new Covid shots for this fall, FDA official says
A volunteer is injected with a vaccine as he participates in a coronavirus disease (COVID-19) vaccination study at the Research Centers of America, in Hollywood, Florida, September 24, 2020. Marco Bello | Reuters The FDA has until the early summer to decide whether vaccine makers need to change existing Covid shots to target different virus […]
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Macy’s warns that inflation-squeezed consumers may choose to spend on travel over shopping
A person walks past a Macys store in Hyattsville, Maryland, on February 22, 2022. Stefani Reynolds | AFP | Getty Images As inflation threatens to weigh on consumer demand, particularly among low-to-middle income consumers, Macy’s says more shoppers could be faced with a consequential choice: Head to the mall or take a summer vacation. “The […]
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