Airlines shares tumble amid rising Covid cases

[ad_1] Passengers board an American Airlines flight at Ronald Reagan Washington National Airport in Arlington, Virginia on April 11, 2021. Andrew Caballero-Reynolds | AFP | Getty Images Shares of U.S. airlines fell early Monday as a slight increase in Covid-19 cases raised concerns about the economic recovery and hit one of the sectors most closely … Read more

Dow tumbles 800 points, loses grip on 34,000 as stock market slammed over concerns over delta variant of COVID

[ad_1] Stock indexes fell sharply on Monday, with concerns over the global spread of the delta variant of the coronavirus that means COVID-19 is largely to blame as investors braced for another big week of corporate earnings. The Dow Jones Industrial Average DJIA, -2.06% traded 817 points, or 2.4%, down to 33,885; the S&P 500 … Read more

WeWork and Adam Neumann’s Disastrous Arc

[ad_1] Cover image: CrownGraphic: Natalie Peeples Not even two years after WeWork’s dramatic collapse, its story has been told over and over again. In January of last year, just three months after the ousting of the company’s founder and former CEO, Adam Neumann, there was a series of podcasts on the debacle hosted by the … Read more

Ford recalls more than 770,000 Explorer vehicles

[ad_1] Ford Motor is recalling approximately 774,696 Ford Explorer due to potential rear suspension fractures. A seized cross-axle ball joint can cause the rear suspension linkage to break. Affected vehicles may experience unusual handling or a misaligned rear wheel. A ruptured rear link dramatically decreases steering control, increasing the risk of an accident. The recall … Read more

Bill Ackman on PSPC withdrawn: New SEC concerns killed Universal Music deal – CNBC Television

[ad_1] Bill Ackman on PSPC withdrawn: New SEC concerns killed Universal Music dealCNBC Television Bill Ackman’s Pershing Square Tontine signs deal to buy 10% of Universal MusicCNBC Bill Ackman’s SPAC Drops Deal to Buy 10% of Universal MusicCNBC Television Bill Ackman was too smart for his own goodBloomberg Bill Ackman abandons SPAC plan for Universal … Read more

LIVE: Watch the actions in real time ⁠— 07/19/21 – CNBC Television

[ad_1] LIVE: Watch stocks trade in real time ⁠— 07/19/21CNBC Television Dow loses 650 points for fear of Covid rebound, airlines among biggest losersCNBC Dow drops oil as Delta variant sends bond investorsThe Wall Street Journal Asian and European markets retreat amid virus concernsBarron Dow Futures Crash As Delta Infections Trigger Growth Problems, Oil SlumpsThe … Read more

DeFi AAVE protocol founder hints at creation of Twitter on Ethereum – Square (SQ)

[ad_1] What happened: Decentralized cryptocurrency lending platform Aave (CRYPTO: AAVE) might consider creating a version of the social media platform Twitter on the Ethereum (CRYPTO: ETH). Over the weekend, Aave founder Stani Kulechov tweeted that since Square Inc (NASDAQ: SQ) and Twitter (NASDAQ: TWTR) CEO Jack Dorsey announced plans to build a new fintech, with … Read more