May 17, 2022

Flight attendants’ union backs Spirit-Frontier merger, clearing labor hurdle

May 17, 2022 admin

A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022. Luke Sharrett | Bloomberg | Getty Images The union that represents flight attendants at Spirit Airlines and Frontier Airlines on Tuesday backed the carriers’ planned merger, clearing a labor hurdle among the biggest worker groups at the airlines. The Association of Flight Attendants-CWA said it reached a so-called “merger transition agreement” with Frontier’s parent that prohibits flight attendant furloughs during the merger, in addition to guaranteeing other protections.…

Robinhood to let users hold their own crypto and NFTs as it reaches for growth beyond stock trading

May 17, 2022 admin

Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Robinhood is handing over the keys to some of its customers’ crypto. The trading and investing company announced Tuesday it will let users hold and custody their own cryptocurrencies and NFTs in a separate, stand-alone app. It’s the latest move in the digital asset space for Robinhood as it reaches for growth beyond…

U.S. traffic deaths reached a 16-year high in 2021, according to government estimates

May 17, 2022 admin

Investigators look over the scene of a crash between an SUV and a semi-truck full of gravel near Holtville, California on March 2, 2021. Patrick T. Fallon | AFP | Getty Images More people died on U.S. roadways last year than any year since 2005, according to new data released Tuesday by federal vehicle safety officials. The National Highway Traffic Safety Administration, a division of the Department of Transportation, estimates 42,915 people died in motor vehicle traffic crashes in 2021, a 10.5% increase from the 38,824 fatalities in 2020. The…

Elon Musk calls on SEC to evaluate Twitter user numbers

May 17, 2022 admin

Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty In the midst of his deal to acquire Twitter, Elon Musk has called on the U.S. Securities and Exchange Commission to look into the social network’s user numbers. Musk, the CEO of Tesla and SpaceX, wrote in an informal Twitter poll on Tuesday, “Twitter claims that >95% of daily active users are real, unique humans. Does anyone have that experience?” He then said, in response to a follower, who suggested the…

Stocks making the biggest moves midday: Walmart, Citigroup, Paramount and more

May 17, 2022 admin

Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images Check out the companies making headlines in midday trading. Walmart — Shares fell about 10.5% after the big-box retailer reported quarterly earnings that significantly missed Wall Street’s expectations. Walmart posted adjusted first-quarter earnings of $1.30 per share on revenue of $141.57 billion. Analysts had expected a profit of $1.48 per share on revenue of $138.94 billion, according to Refinitiv consensus estimates. Walmart cited cost pressures from rising fuel…

Focus: SHA Wellness Clinic: global pioneer of integrated medical and holistic wellness

May 17, 2022 admin

Located in Alicante, SHA Wellness Clinic is a global pioneer of integrated medical and holistic wellness, and one of Europe’s leading medical resorts. Its team of certified medical and wellness experts have merged ancient philosophies with the latest advances in Western medicine to generate scientifically proven results and become a world-leading authority on preventative health. Source link

Walmart’s lousy quarter has us looking to exit our position in the retailer

May 17, 2022 admin

We aren’t very interested in waiting around for management to show us that they can turn things around. So we’re downgrading the stock to a 3 rating. Source link

How grief and burnout pushed this 27-year-old to follow her lifelong dream of opening a bookstore: ‘This was a pipe dream’

May 17, 2022 admin

When Lucy Yu was 7 years old, she told her mom she wanted to retire and open a bookstore one day. She’d always loved reading and, as the only child raised primarily by her single mother who immigrated from China, turned to books as a source of comfort. Now, at age 27, Yu is living that retirement dream as her full-time job. In December, she opened Yu and Me Books in Manhattan’s Chinatown, New York City’s first Asian American woman-owned bookstore that centers works from authors of color, immigrants and…

Coinbase to slow hiring amid plunge in cryptocurrencies and tech stocks

May 17, 2022 admin

Coinbase reported a 27% decline in revenues in the first quarter as usage of the platform dipped. Chesnot | Getty Images Coinbase has become the latest tech company to warn of a slowdown in hiring. The crypto exchange told staff Tuesday it would slow hiring and reevaluate its headcount, reversing earlier plans to triple its workforce in 2022. “Given current market conditions, we feel it’s prudent to slow hiring and reassess our headcount needs against our highest-priority business goals,” Emilie Choi, Coinbase’s chief operating officer, said in a blog post.…