Spirit Airlines CEO says not considering chapter 11
A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport in Austin, Texas, on Feb. 12, 2024. Brandon Bell | Getty Images Spirit Airlines CEO Ted Christie said Friday that the budget airline isn’t considering a Chapter 11 bankruptcy filing and is “encouraged” by its plan after a failed takeover […]
‘They think I’m rich because I have a very nice house’: My friends order drinks and pricey dishes in restaurants. Is it rude to ask for a separate check?
“I am comfortable. I retired four years ago. I don’t drink much alcohol.”
FDA approves GSK RSV vaccine for adults 50 to 59
A view shows GlaxoSmithKline headquarters in London, Britain, January 17, 2022. Hannah Mckay | Reuters The Food and Drug Administration on Friday expanded the approval of GSK‘s respiratory syncytial virus vaccine to adults ages 50 to 59 who are at increased risk of getting severely sick from the potentially lethal virus. The shot, called Arexvy, […]
Nadella, Narayen among tech CEOs investing in cricket’s American dream
Cricket may not be as popular a sport in the U.S. as elsewhere in the world, but some high-profile CEOs and investors are trying to change that. As the Men’s T20 Cricket World Cup, co-hosted by the U.S. for the first time, ramps up, investors have pumped nearly a billion dollars into their American ambition. […]
Stock market’s records belie the crack forming beneath the surface
The S&P 500 and Nasdaq Composite both claimed record highs this week. But fewer stocks are marching higher alongside them.
Trustee says $85 million of customer savings is missing
Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Aug. 3, 2021. Al Drago | Bloomberg | Getty Images There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors […]
Treasury yields end at highest in a week after May’s job gains reduce rate-cut expectations
Investors aggressively sold off U.S. government debt on Friday, sending Treasury yields soaring for the first time in seven trading sessions, after a stronger-than-expected jobs report for May.
United Airlines launches personalized ads on seatback screens
Passengers on a Boeing 737 Max-8 plane during a United Airlines flight departing from Newark Liberty International Airport (EWR) in Newark, New Jersey, US, on Wednesday, March 13, 2024. Bing Guan | Bloomberg | Getty Images Now playing on United Airlines‘ seatback screens: personalized ads. The carrier on Friday said it launched a media platform […]
Gold suffers a ’double whammy’: strong U.S. jobs growth and pause in China buying
Gold futures were on track to post their lowest finish in about a month on Friday, pressured after stronger -than-expected monthly U.S. jobs data and a report that China’s central bank paused its year-and-a-half long streak of bullion purchases last month.
U.S. millionaire population grew by 600,000 last year
B2m Productions | Digitalvision | Getty Images The U.S. far outpaced the rest of the world in minting millionaires last year, adding 600,000 new millionaires and powering record fortunes at the top, according to a new study. America’s millionaire population grew 7.3% in 2023 to 7.5 million people, according to a report from Capgemini. Their […]
