Norwegian Air has filed for bankruptcy
Norwegian Air is seeking protection from its creditors as it attempts to restructure its business and survive the coronavirus pandemic. The budget…
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Norwegian Air has filed for bankruptcy
Norwegian Air is seeking protection from its creditors as it attempts to restructure its business and survive the coronavirus pandemic. The budget…
Continue Reading Electric bus startup Arrival rides latest craze to Wall Street
UK electric vehicle startup Arrival is going public in New York. Arrival said in a statement on Wednesday that it has agreed to merge with…
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‘Be suspicious’; El Paso utility companies warn about scams
EL PASO, Texas (KVIA) — El Paso utility companies are joining forces to educate customers on potential scams they could encounter. The project is…
Continue Reading Target had a blowout quarter, but that’s not the full story
Target said Wednesday that sales surged during its most recent quarter, but warned of risks from the pandemic and the state of the economy heading…
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Boeing’s 737 Max gets approval to fly passengers again
WASHINGTON, DC — The Federal Aviation Administration issued an order Wednesday that paved the way for the troubled Boeing 737 Max to carry…
Continue Reading This is what the KFC of the future will look like
Kentucky Fried Chicken is the latest fast food chain to redesign its restaurants for the Covid-19 era, with a revamp that emphasizes the drive-thru…
Continue Reading Bitcoin rockets past $18,000. The all-time high is in sight
Bitcoin prices continue to skyrocket and the cryptocurrency is now within striking distance of its all-time high from December 2017. Bitcoin briefly…
Continue Reading The maker of M&M’s and Snickers is buying Kind bars in a bid for healthy snacks
Candy giant Mars is buying the company behind Kind nut bars and granola to expand into healthier snacks. Terms of the deal, announced Tuesday, were…
Continue Reading Joe Biden fires an early warning shot at Wall Street
Elizabeth Warren’s fingerprints are all over the Biden transition, much to Wall Street’s dismay. President-elect Joe Biden’s agency…
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Will shoppers sit out the holidays? That’s the fear
Retailers just got one more reason to worry about the upcoming holiday shopping season. What’s happening: US retail sales increased by only…
Continue Reading Facebook and Twitter chart out different paths for Congress on internet regulation
In a Senate hearing on Tuesday that stretched on for more than four hours, the CEOs of Facebook and Twitter sought to recalibrate their relationship…
Continue Reading UK to ban sales of new diesel and gasoline cars in 2030
The United Kingdom will ban the sale of new cars that run only on fossil fuels in 2030, a move that is designed to phase out polluting vehicles…
Continue Reading Beyond Meat launches plant-based minced pork in China
Beyond Meat is launching a plant-based version of China’s favorite meat. The California-based company unveiled its latest product on Wednesday:…
Continue Reading SoftBank billionaire Masa Son is stockpiling cash for a ‘worst-case scenario’
Japanese billionaire Masayoshi Son says the Covid-19 pandemic will continue to wreak havoc on companies in the short term, and that he is stockpiling…
Continue Reading Who will Trump grant his first post-election interview to? Here are some possibilities
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Election Day was…
Continue Reading We’re never going back to the old economy, Fed Chairman says
Federal Reserve Chairman Jerome Powell doubled down on his remarks that the economy as we know it is over during a virtual appearance Tuesday at the…
Continue Reading Stocks reverse course after hitting new record highs
Wall Street reversed course on Tuesday, with stocks pulling back one day after reaching new record highs. Stocks soared Monday after early results…
Continue Reading Company debunks conspiracy theory that its server showed a landslide for Trump
An elections security company has had to pour cold water on conspiracy theories about it and the 2020 Presidential election that have been circulated…
Continue Reading Home Depot is boosting hourly wages as housing market booms
The housing market is booming. That’s great news for Home Depot — and its workers. Home Depot reported better-than-expected sales and…
Continue Reading Americans’ mortgage debt soars to a record $10 trillion
Low interest rates have helped fuel a boom in the US housing market: Last quarter Americans’ mortgage debt climbed to a record high of nearly…
Continue Reading George Soros has stake in Palantir but already plans to sell it
Two heavy hitters of the investment world recently disclosed that they own stakes in Palantir, the secretive and controversial big data firm backed…
Continue Reading Conan O’Brien ends his long run in late night for a new show on HBO Max
One era ends, and another begins for late-night TV’s longest-serving host. “Conan,” Conan O’Brien’s late-night show on…
Continue Reading Pepsi made a limited apple pie-flavored cola and there’s just one way to get it
With Thanksgiving fast approaching and Christmas right around the corner, Pepsi unveiled a limited edition apple pie-flavored cola on Tuesday.…
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Packers’ Aaron Jones to see his breakfast cereal on grocery store shelves in native El Paso
EL PASO, Texas — Green Bay Packers star running back Aaron Jones’ breakfast cereal will soon be available on grocery store shelves here in El Paso.…
Continue Reading Boeing’s 737 Max debacle could be the most expensive corporate blunder ever
The 20-month grounding of the 737 Max could end as soon as this week, but Boeing’s mounting costs have soared to tens of billions of dollars.…
Continue Reading Walmart reports shortages of toilet paper and cleaning supplies at some stores
Shoppers are once again loading up on paper goods and cleaning supplies in areas of the United States hard hit by rising coronavirus infections,…
Continue Reading SpaceX-NASA mission: Four astronauts arrive at International Space Station
The SpaceX Crew Dragon spacecraft that launched from Florida’s Kennedy Space Center with four astronauts on board Sunday night safely docked…
Continue Reading Roger Ferguson, a top Black Wall Street exec who manages $1 trillion, steps down
Roger Ferguson, one of the most powerful Black executives on Wall Street and in corporate America, is retiring as the CEO of TIAA. The 69-year-old…
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