Yearly Archives: 2021

UPDATE 8-U.S. recruits commercial airlines to help move Afghanistan evacuees

(White House updates numbers of evacuees) By Idrees Ali and Susan Heavey WASHINGTON, Aug 22 (Reuters) – The United States has enlisted the help of six commercial airlines to help transport people after their evacuation from Afghanistan as Washington seeks to step up the pace of departures of Americans and at-risk Afghans from Kabul. The Pentagon said on Sunday it called up 18 civilian aircraft from United Airlines, American Airlines, Delta Air and others to carry people from temporary locations… Source link

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Flight attendants face ‘the most hostile environment’ ever: union leader

Close to 2 million passengers pass through airport security every day and flight attendants on U.S. airlines face greater numbers of unruly pandemic weary passengers.   Flight attendants “are thinking about not having gotten sleep, how long the days are, how crowded the flights are, how screwed up the operation is, and whether or not this is the day they might get punched in the face,” Sara Nelson, president of the Association of Flight Attendants-CWA, told Yahoo Finance Live. A recent… Source link

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Goldman Sachs, BofA See Lost Decade Over for Emerging Markets

(Bloomberg) — Elevated commodity prices and expectations for earnings growth are igniting bullish bets on emerging-market equities after more than a decade of underperformance that left them approaching a 20-year low against developed-nation stocks. Goldman Sachs Group Inc., Bank of America Corp. and Lazard Asset Management expect a boost for developing equities as investors capitalize on cheap valuations once vaccine rollouts pick up, helping the global economy to recover from the pandemic…. Source link

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Tesla’s Latest Tech Aims To Kill Boring Jobs For Good

Just when you thought you would never belly laugh harder than when Elon Musk decided to demonstrate the Cybertruck’s shatterproof windows, along comes AI Day 2021 – a day that we’re certain is going to live in Tesla-infamy for one reason or another. Naturally, having solved the issues of making cars profitably and achieving the company’s goal of 1 million robotaxis on the road, Tesla took yesterday’s event as an opportunity to reveal their next game-changing product that doesn’t exist, a… Source link

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Michael Burry’s Pretty Big Short Hinges on Treasuries Sinking

(Bloomberg) — Call it the Pretty Big Short. Michael Burry, whose huge, wildly profitable bets against the housing bubble were made famous in “The Big Short,” is wagering that long-term U.S. Treasuries will fall. His Scion Asset Management held $280 million of puts on the iShares 20+ Year Treasury Bond ETF at the end of June, according to a regulatory filing released this week, an increase from $172 million three months earlier. The options contracts would make money if TLT, as the… Source link

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Google Dismantling Health Division

NEW YORK, NEW YORK – SEPTEMBER 29: A person wears a face mask outside Google’s offices in Chelsea as … [+] the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 29, 2020 in New York City. The fourth phase allows outdoor arts and entertainment, sporting events without fans and media production. (Photo by Noam Galai/Getty Images) Getty Images According to an internal memo obtained by Insider, an initiative to… Source link

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Monterey Car Week takeaways

This year’s Monterey Car Week capped off with the stunning 1938 Mercedes-Benz 540K Autobahn Kurier claiming the Concours d’Elegance Best in Show, but that wasn’t the only big headline from the week. Big auctions, big debuts from luxury automakers, and even electrification all took a bow as the wild week, one that was missed in 2020 due to the pandemic, unfolded for well-healed car aficionados. Here are some of the big takeaways from the week. Big auction action Prior to Monterey Car Week,… Source link

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Apple, Bitcoin, Microsoft, Robinhood, Walmart And More

Benzinga has examined the prospects for many investor favorite stocks over the past week. Last week’s bullish calls included big tech stocks and a rare earth materials producer. Cryptocurrency and the leading electric vehicle maker were among the bearish calls seen. The past week was another rough one on Wall Street, with the tumult in Afghanistan giving investors something new to worry about, in addition to the ongoing concerns about the Delta variant, China, inflation, Federal Reserve… Source link

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