Airline earnings continue to roll out this week led by a big beat for United Airlines late Monday. American Airlines (AAL) and Southwest Airlines (LUV) report Thursday. JetBlue (JBLU) is on tap next week. Airline stocks gained altitude late Monday as UAL stock spiked on results. X Analysts broadly expect a soft quarter for the […]
Finnish Foreign Minister Elina Valtonen states that EU countries must simultaneously provide Ukraine with the necessary weapons as soon as possible while also building up the European Union’s military industry to strengthen their own defence capabilities. Source: Valtonen during a conversation with the media before the meeting of Foreign Ministers of the EU countries on […]
Federal southern district of New York Judge Katherine Polk Failla heard arguments during a five-hour hearing Wednesday afternoon in a case that could decide the regulatory future of the $1.7 trillion cryptocurrency industry. Lawyers for the U.S’s largest crypto exchange Coinbase argued that the courts should dismiss an SEC lawsuit alleging that the exchange violated […]
A public health watchdog group recently revealed that companies such as Shell have been burying evidence of the dangers of benzene, a chemical that is used to make dyes, detergents, rubbers, plastics, and pharmaceuticals. What happened? Public Health Watch reviewed corporate documents about benzene from lawsuits, interviews with scientists, lawyers, and other experts. According to […]
Lai Ching-te, who won Taiwan’s presidential election last Saturday, will be facing a crossroads in the country’s technology industry when he takes office in May. Lai’s administration will be the third term of Democratic Progressive Party rule in Taiwan, and he is widely expected to continue the work of his predecessor, Tsai Ing-wen, when it […]
Thai police officers work the scene of an explosion at a firework factory in Suphan Buri province, Thailand, Jan. 18, 2024. Credit – Sakchai Lalit—AP Fireworks are used across the world to mark joyous occasions—from New Year’s Day to Lunar New Year to Diwali to the Fourth of July—but behind the boisterous crackle and brilliant […]
Poland’s defense contractors are experiencing a significant boom, expanding production, upgrading technology, and receiving substantial investments due to the war in Ukraine, Polish newspaper Rzeczpospolita reported on Jan. 15. Polish firms are increasing their manufacturing capacity to meet urgent demands. The report provides several examples, including the Lucznik arms factory in Radom, which aims to […]
Russia is currently focused on destroying Ukraine’s defense industry, but the threat to the power grid remains, deputy head of Ukrainian intelligence, Vadym Skibitskyi, said in an interview with Ukrainian news outlet RBC-Ukraine on Jan. 15. However, Russian efforts are proving to be ineffective due to the inaccuracy of Russian missiles, Skibitskyi noted – as […]
The global oil industry produces about 30 billion barrels per year. Current prices put its size at about $2 trillion in revenue. That’s double the size of the top 10 metals markets combined. The oil patch has made a lot of people rich. However, you don’t have to be a wildcat driller to strike it […]
LAS VEGAS (KLAS) – Cannabis consumption lounges have been a hot topic in Las Vegas since the Nevada Legislature legalized them in 2021; but as we start the new year, many wonder why we haven’t seen any locations in business yet. Industry leaders told 8 News Now they are confident movement will come in the […]
Chesapeake Energy (CHK) and Southwestern Energy (SWN) announced Thursday they have agreed to merge in a $7.4 billion deal, marking a major consolidation in the U.S. natural gas sector. SWN stock sank early Thursday while CHK angled slightly lower. X The merger is an all-stock transaction valued at $6.69 per share, based on Chesapeake’s closing […]
By Manya Saini and Niket Nishant (Reuters) – Several exchange-traded funds (ETFs) tied to the spot price of bitcoin will start trading in the U.S. on Thursday before the bell in a landmark moment for the cryptocurrency industry that has been demanding regulatory approval for more than a decade. The green light from the U.S. […]