What started as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq Composite plunged 5.1% this week after losing 5.5% the previous week. This is the worst two-week stretch for the tech-heavy index since it plunged more than 20% in March 2020 at the start of the US Covid-19 pandemic related…

A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images A major airline union said on Friday it had enough support among JetBlue Airways’ approximately 3,000 fleet service workers to request a union vote on the latest move to organize workers. The…

Swiss National Bank (SNB), the central bank of Switzerland. FABRIC COFFRINI | AFP | Getty Images The Swiss National Bank opened its key interest rate on Thursday 0.5%, a shift that ends an era of negative interest rates in Europe. The 75 basis point hike follows a hike to -0.25% on June 16, the first…

Bret Taylor, Co-Chief Executive Officer of Salesforce.com Inc., right, and Marc Benioff, Co-Chief Executive Officer of Salesforce.com Inc., wear bunny ears during a keynote address at the 2022 Dreamforce Conference in San Francisco, California. on Tuesday, September 20th, 2022. Marlena Slots | Bloomberg | Getty Images Salesforce shares rose nearly 3% in extended trading on…

Ukrainian President Volodymyr Zelenskyy is seen on video screens as he delivers a recorded speech before the 77th session of the United Nations General Assembly at the UN headquarters in New York September 21, 2022. Fresh Mike | Reuters UNITED NATIONS – Ukrainian President Volodymyr Zelenskyy in a UN address to world leaders on Wednesday…

Beyond Meat said its operations manager, Doug Ramsey, has been suspended effective immediately after he was arrested Saturday night for allegedly hitting a man and biting his nose. The company said in a statement Tuesday afternoon that Jonathan Nelson, the company’s senior vice president of manufacturing operations, will temporarily oversee Beyond’s operational activities. Ramsey, 53,…

Lynne Tracy US Department of State President Joe Biden announced he would appoint Lynne Tracy, the current ambassador to Armenia, as US ambassador to Russia. Tracy, a career diplomat, will succeed John Sullivan, who left Moscow earlier this month and announced his intention to retire. Tracy was the second-ranking officer at the US Embassy in…

Astronauts love fighter jets, and billionaire founder Jared Isaacman is no different. Isaacman, who founded payments company Shift4, and his team are training intensively for the Polaris program’s first spaceflight, announced earlier this year in partnership with Elon Musk’s SpaceX. Isaacman’s crew of four uses fighter jets – including planes from his personal fleet –…

With Amazon Pharmacy, Prime customers in the US can have their prescription drugs delivered to their home for free. Amazon Two Amazon executives who played a formative role in the retail giant’s push into healthcare are leaving the company. TJ Parker and Elliot Cohen, co-founders of prescription drug startup PillPack, will be leaving Amazon later…

Ford Chairman Bill Ford and President and CEO Jim Farley chat in front of the newly unveiled Mustang Dark Horse at The Stampede in downtown Detroit on September 14, 2022. ford DETROIT — Ford Motor CEO Jim Farley was in his element Wednesday night surrounded by transmissions and the automaker’s new 2024 Mustang models, including…