Tag Archives: American

SHANGHAI, China, Nov. 19, 2021 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has completed its previously announced at-the-market offering (the “At-The-Market Offering”) of American depositary shares (“ADSs”), each representing one Class A ordinary share of the Company. Through the At-The-Market Offering, the Company has sold 53,292,401 ADSs and raised… Source link

There is a story developing in the labor market, which has marked a significant shift in who is participating amid the ongoing pandemic.  Among the many stories are resignations, for various reasons, and the struggle to fill more labor-intensive jobs. It has resulted in an unprecedented demand for more highly-skilled, remote jobs, and those willing to work in lower-wage jobs are being paid significantly more than those who previously held the positions. ZipRecruiter chief economist Julia… Source link

American Airlines (AAL) welcomed 150 international flights Monday as the U.S. opened its borders to non-citizens who are fully vaccinated against COVID-19.  “We’re seeing fantastic demand, 40,000 customers are coming inbound to the U.S. today,” American Airlines President Robert Isom told Yahoo Finance Live. “People want to get out on the road,” Isom said, predicting the surge to continue well into 2022. “There are families and grandparents that haven’t seen, you know, children in a long… Source link

Paul Sakuma / AP The Yahoo logo is displayed outside of offices in Santa Clara, Calif., in this Monday, April 18, 2011, file photo. Thursday, Nov. 4, 2021 | 2 a.m. In an all-too-rare instance of positive news coming from Big Tech, Yahoo announced this week that it was pulling out of China. Citing the Chinese government’s sweeping regulatory crackdown on the tech, education, gaming and entertainment industries in recent months, Yahoo said it was shutting down access to its services… Source link

WATCH 1:44 | Nov 02, 2021, 11:32am EDT Yahoo is the second U.S. tech giant in weeks to pull out of China, symbolically ending its services in the world’s second-biggest economy after years of winding down because of an “increasingly challenging business and legal environment.” Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, November 1, 2021 It was a brutal weekend for one airline and a telling weekend on the state of America’s labor shortage.  American Airlines canceled about 14.3% of its flights on Sunday, according to data shared by the company to Yahoo Finance, in large part because it was unable to find staff to carry out operations. Staffing problems… Source link

And the wins keep piling up for buy now, pay later outfit Affirm.  The company announced this week it has inked a deal with American Airlines that will allow consumers to pay for their travel in installments.  “It’s there to help travelers. Lots of people are going to try to go to a family getaway and not everyone is capable of paying for it instantaneously in cash,” said Affirm founder and CEO Max Levchin on Yahoo Finance Live. For Affirm, the American Airlines tie-tup is the latest in a… Source link

American Express (AXP) shares hit an intra-day record on Friday after a much better than expected third quarter in large part, fueled by millennials and Gen Z cardholders.  The card issuer said spending by millennial and Gen cardholders gained 38%, compared to the third quarter of 2019 excluding the impact of currency fluctuations. Amex said it acquired 2.6 million new card members in the quarter. Amex CEO Stephen Squeri told Yahoo Finance the younger set has embraced the company’s increased… Source link

The coronavirus pushed some Americans to abandon cash, and a new report was “somewhat surprised” that one demographic remains loyal: Teens. The findings were based on data from Piper Sandler’s fall 2021 “Taking Stock with Teens” survey, a semi-annual survey that was conducted between August 17 and September 16 and compiled responses from 10,000 teens (average age 15.8) across 44 U.S. states. According to Piper Sandler, which titled the chart below as “Cash Is (Still) King For Teens’ Top… Source link

Parents are shouldering a lot of the burden amid the student loan debt crisis, and a new report reveals which schools have left the highest number of indebted parents. The report by the Texas Public Policy Foundation — which uses new data released by the Department of Education (ED)’s College Scorecard to examine typical college Parent PLUS loan debt — contributes to a burgeoning trend of transparency that’s aimed at scrutinizing the cost of tuition. Parent PLUS loans are “almost like the… Source link