In this illustration, Oatly Oat Milk can be seen in Chicago, Illinois on May 20, 2021. Scott Olson | Getty Images Activist short seller Spruce Point Capital Management has accused Oatly of dubious accounting practices and misleading consumers and investors about its sustainability practices. The company, which has taken a short position on the oat …
Category Archives: Business
Delta Air Traces (DAL) outcomes Q2 2021
A Delta Air Lines Boeing 737 approaching LAX for landing. Angel Di Bilio | iStock Editorial | Getty Images Delta Air Lines on Wednesday reported second-quarter revenue that topped Wall Street’s estimates and said both leisure and business travel bookings rose sharply after more than a year of pandemic lockdowns. The Atlanta-based airline posted a …
Norwegian Cruise Line Sues Florida Surgeons Common To Finish Vaccination Go Ban
The Norwegian Jewel cruise ship is locked while health officials test a man for coronavirus on February 14, 2020 in Sydney, Australia. Lisa Maree Williams | Getty Images News | Getty Images Norwegian Cruise Line filed a lawsuit against Florida’s surgeon general in hopes of ending state law preventing the company from requiring customers to …
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Jeep introduces a brand new small Compass SUV earlier than the EV push
CHICAGO – Jeep is updating one of its smallest SUVs with new technology and a redesigned interior before the brand moves into electric vehicles. The innovations of the 2022 Jeep Compass include active emergency braking and blind spot monitoring as standard safety technologies as well as optional 10-inch interior screens and an available driver assistance …
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This 30-year-old turned his aspect hustle promoting yarn right into a 6-figure enterprise: ‘It is no cakewalk’
Sometimes it takes a major life event to push you in the right direction. Last April, I spent my 29th birthday battling Covid-19 in my bedroom. I had to take time off from my full-time job as a speech pathologist at a hospital in Providence, Rhode Island to quarantine. The experience forced me to think …
Traders purchase tech shares to hedge inflation, Fed fee hike
Finance managers started getting into technology stocks to hedge against inflation and Fed rate hikes, CNBC’s Jim Cramer said Tuesday. Rising raw costs drove inflation up 5.4% last month, the largest increase in consumer prices in more than a decade. This sparked concerns among some investors that the Federal Reserve might hike interest rates earlier …
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Emmy nominations 2021: 10 surprises and snubs
Pictured: (lr) Jana Schmieding as Reagan Wells, Ed Helms as Nathan Rutherford in Peacock’s “Rutherford Falls”. Peacock | NBCUniversal | Getty Images While “The Crown,” “The Mandalorian,” and “WandaVision” secured Emmy nominations on Tuesday, there were a few shows – and actors – that failed. And then there were the shows and performers who no …
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4 takeaways to mark the launch of Youngster Tax Credit score this month
A woman wears a face mask while she walks through the Covid-19 pandemic at Madison’s Niche boutique in Huntington, New York, on Jan. Alejandra Villa Loarca | News day | Getty Images Child tax credits are an “underrated incentive” that could boost sales in the retail, restaurant and travel industries – especially as shoppers emerge …
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Mastercard and Verizon Announce New 5G Contactless Cost Partnership
Mastercard and Verizon announced a new partnership on Tuesday that will focus on 5G contactless payments for consumers as well as small and medium-sized businesses. They hope to have some innovations from the partnership by 2023. The collaboration is intended to enable companies to use new payment technologies to turn smartphones into cash registers, turn …
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Boeing cuts 787 Dreamliner manufacturing, supply goal after new flaw discovered
Boeing cut its delivery target for its undelivered 787 Dreamliner planes and said it will temporarily lower production rates after a new defect was detected on some of the wide-body jets. Boeing said Tuesday it would deliver fewer than half of the Dreamliners that it has already produced but has not yet delivered to customers. …
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