United Airlines talks with Boeing competitor Airbus about possibility of buying more jets: Report
The former CEO of American Airlines believes Boeing can improve its poor safety culture and regain trust. United Airlines has reportedly discussed the possibility of purchasing additional aircraft with Airbus to address potential gaps caused by delays in Boeing’s 737 Max 10 aircraft. United Airlines CEO Scott Kirby has discussed buying additional A321neo jets from […]
Tesla Recalls Almost 200,000 Vehicles Over ‘Software Instability’ That Could Cause Crash
Tesla, Inc. will recall almost 200,000 vehicles over a software issue affecting the rearview cameras which could lead to crashes, authorities said Tuesday. Tesla informed the National Highway Traffic Safety Administration (NHTSA) Monday of the safety recall of 199,575 2023 Model S, X, and Y vehicles in which software instability could prevent the display of […]
Jeff Bezos still using homemade door desk from Amazon’s early days
Peggy Olin, CEO of Oneworld Properties, spoke about the hype surrounding Amazon’s Jeff Bezos relocating from Seattle to Miami in an interview with FOX News Digital. Amazon founder Jeff Bezos According to a social media post from his girlfriend Lauren Sanchez, he still uses one of the original desks he built out of Doors to […]
Owners of famous Philly Cheesesteak chain sentenced in $8M tax fraud scheme
FOX Business host Larry Kudlow explains tax and economic policy on “Kudlow.” The owners of the famous Philadelphia cheesesteak restaurant Tony Luke’s were sentenced to prison on Thursday for tax evasion for concealing more than $8 million over a 10-year period. The owners, 57-year-old Nicholas Lucidonio and 84-year-old Anthony Lucidonio Sr., were each sentenced to […]
Chinese Court Just Made A Decision That Could Send Shockwaves Through Global Economy
A court in Hong Kong ordered on Monday that a top Chinese developer with hundreds of billions in liabilities is to be liquidated, possibly inciting even more foreign capital to flee the struggling country and disrupting global investment, according to Reuters. The world’s most indebted developer, China Evergrande Group, and its more than $300 billion […]
Investors suggest Reddit aim for $5B IPO valuation: report
New York Stock Exchange President Lynn Martin shares her outlook for 2024 on IPOs, mergers and acquisitions, stock valuations, and the Fed’s trajectory. Reddit has been advised to have a potential valuation of at least $5 billion. Initial public offering (IPO) this spring, as reported by Bloomberg News. of social media networks The company is […]
Key Player In Biden’s Offshore Wind Push Withdraws From Deal With Blue State, Blames Inflation
A major offshore wind developer announced Thursday that it withdrew from a deal with a state utility regulator for two offshore wind projects, citing inflation and other economic pressures. Ørsted, a key corporate player in the Biden administration’s offshore wind agenda, has backed out of the Maryland Public Service Commission’s (MPSC) orders approving the company’s […]
Billionaire bond king questions unemployment data: ‘Hard to believe’
Jeffrey Gundlach, CEO of DoubleLine Capital, provides his market outlook for 2024 and discusses the Fed's fight against inflation on “How to Make Money.” As the list of big corporate job cuts looks set to grow in 2024, a billionaire bond fund manager is questioning some of the data. Jeffrey Gundlach, CEO of DoubleLine Capital, […]
Corporate Media In Crisis As Outlets Grapple With Biden’s Economy
Numerous legacy media outlets are struggling with challenges posed by President Joe Biden’s economy and resorting to drastic measures, Axios reported on Friday. Close to a dozen of these outlets are firing workers, dealing with employee strikes or looking to sell, according to Axios. The Federal Reserve’s imposition of high interest rates to bring down […]
Tesla recalls 200,000 vehicles with software-related rearview display issue
Constellation Research founder R 'Ray' Wang analyzes Tesla and reveals his favorite Magnificent Seven stocks on 'Varney & Co'. Tesla is recalling approximately 200,000 2023 model vehicles because their rear-view cameras may not display images when reversing. The National Highway Traffic Safety Administration (NHTSA) said in a statement that the electric vehicle maker traced the […]