Text size Peter Foley / Bloomberg Bigger banks have reported profits, and investors can be forgiven if they are unsure where the opportunities are now. The answer may lie in how much uncertainty they are willing to accept. Analysts warned that the quarter would be “sloppy” and “confusing,” and banks …
Read More »American Airlines Warns of Up to 25,000 Layoffs: Its CEO and Executives Earned More Than $ 30 Million
Doug Parker, President and CEO of American Airlines (Photographer: Andrew … [+] Harrer / Bloomberg) © 2017 Bloomberg Finance LP American Airlines made a terrible announcement this week warning 25,000 workers that they could be fired or laid off. These staggering figures represent approximately 20% of the company’s workforce. The …
Read More »FAA: SpaceX environmental review underway to launch Starships into orbit
SpaceX plans to launch a new 39-story rocket system called Starship-Super Heavy soon from Boca Chica in the southeastern corner of Texas. However, the aerospace company, founded by Elon Musk in 2002, must first complete a new environmental review with the Federal Aviation Administration (FAA) before it can receive authorization …
Read More »21-year-old British man to blame for Twitter hack: report
After Twitter suffered a massive attack on Wednesday that took over dozens of high-profile verified accounts and stopped the site, the search began to identify the culprits. Many assumed that the scale of the hack meant it was carried out by sophisticated actors like a nation-state, but new findings from …
Read More »TikTok hoped to operate as an American company, says White House adviser
FILE PHOTO: American flags are seen near a TikTok logo in this illustrated image taken on July 16, 2020. REUTERS / Florence Lo / Illustration WASHINGTON (Reuters) – A top White House adviser said Thursday that he expects TikTok to separate from its Chinese owner and operate as a U.S. …
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