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Lengthy-term unemployment is falling for first time throughout Covid pandemic
A store advertises a Help Wanted sign in Annapolis, Maryland, on May 12, 2021. JIM WATSON | AFP | Getty Images Long-term unemployment fell for the second straight month in May, an encouraging shift away from the recent near-record levels fueled by the economic carnage of the Covid pandemic. Economists classify long-term unemployment as a…
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United presents flight attendants, pilots pay further for proof of Covid vaccination
A United Airlines passenger jet lands at Newark Liberty International Airport, New Jersey, USA on December 6, 2019. Chris Helgren | Reuters United Airlines is offering new incentives to flight attendants and pilots who demonstrate evidence of Covid-19 vaccination, a company’s latest plan to encourage employees to be vaccinated. The airline grants flight attendants up…
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5 issues you must know earlier than the inventory market opens on Friday June 4th
Here are the top news, trends, and analysis investors need to start their trading day: 1. Stock futures mixed in front of the employment report Trader on the New York Stock Exchange. Source: NYSE U.S. President Joe Biden (left) wears a protective mask while speaking with Senator Shelley Moore Capito, a Republican from West Virginia,…
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As electrical automobile gross sales surge, discussions flip to noise and security
Martin Pickard | Moment | Getty Images Hyperloop, hydrogen-powered trains, and air-taxis. As the 21st century progresses, the way people get from A to B is on the cusp of a significant shift driven by design and innovation. While the above technologies may be a few years off from widespread adoption, that’s not to say…
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The lockdown in Malaysia is placing a pressure on state funds, Minister says
People wearing face masks walk in front of the Petronas Twin Towers in Kuala Lumpur, Malaysia on January 29, 2021. Xinhua News Agency | Getty Images Malaysia’s public finances will be “severely constrained” as a surge in Covid-19 infections has forced the country into lockdown again, Minister of International Trade and Industry Mohamed Azmin Ali…
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AMC says it has already accomplished share providing, raises $587 million
AMC Entertainment said it has completed its new stock offering announced just Thursday morning, raising $587.4 million in additional capital. The company said it sold 11.55 million shares at an average price of approximately $50.85 per share in an at-the-market equity program launched earlier Thursday. When AMC announced the offering, it said in a filing…
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Banking Government Funds Lobbying To Obtain Covid Aid In Minor League Baseball
Greg Rosenbaum at the 2016 Olympics US Army photo by Tim Hipps, IMCOM Public Affairs | Wikipedia A bank director and owner of a minor league baseball team made efforts to save various teams by hiring lobbyists to secure federal Covid bailout when the new season begins. Greg Rosenbaum, who owns a Cincinnati Reds farm…
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Ex-TD Ameritrade CEO Joe Moglia warns meme inventory merchants about leverage
Joe Moglia, former CEO of online trading platform TD Ameritrade, issued a stern warning Thursday against using leverage to try to outperform meme stocks. “My biggest concern is what’s going on with the individual investor who is using borrowed money to trade more than they did,” Moglia told CNBC’s “Squawk Box” when AMC Entertainment stocks…
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Watch SpaceX livestream of CRS-22 launch with NASA cargo
[The livestream has ended. A replay is available above.] SpaceX sent the latest cargo mission for NASA to the space station on Thursday, with Elon Musk’s company completing its 17th launch this year. The company’s Falcon 9 rocket took off at 1:29 p.m. EDT from Kennedy Space Center in Florida. The mission, called CRS-22, has…
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Power large Orsted to get better, reuse or recycle turbine blades
Alan Graf | Cultura | Getty Images Denmark’s Orsted said Thursday it would “reuse, recycle, or recover” all turbine blades in its worldwide portfolio of wind farms once they’re decommissioned. The world’s largest offshore wind farm developer said it had “a clear responsibility to help find solutions to the challenge of recycling blades.” The issue…