Epic Games CEO Tim Sweeney said Apple’s App Store is an “absolute monopoly” and that Google’s control of Android “essentially stifles competing stores” on CNBC’s Squawk Alley on Friday, adding his voice to a chorus of detractors before CEOs testify in Congress in the coming weeks. Privately owned Epic Games …
Read More »The FAA warns of possible engine shutdowns in the safety directive on older Boeing 737 aircraft
A Southwest Airlines Boeing 737-700 (LN2318) on final approach after a pre-delivery test flight at dusk. aviation-images.com | Universal Images Group via Getty Images The Federal Aviation Administration on Friday ordered airlines to inspect some stored Boeing 737 aircraft for corrosion that could lead to engine shutdown, as hundreds of …
Read More »Kern health officials say local businesses are likely to face more restrictions starting Friday | News
At 12:01 am Friday, Kern County businesses will likely be subject to another round of trade restrictions that are already in place in more than 30 counties in California. After Kern’s coronavirus metrics exceeded state guidelines for three days in a row starting Saturday, the state informed the Department of …
Read More »Neiman Marcus in bankruptcy to vacate Hudson Yards in New York
The exterior of The Shops at Hudson Yards, where Neiman Marcus is the anchor department store. Source: Related costs. It’s hardly been a year since the lucky guests danced the night away and drank champagne at the new Neiman Marcus department store in Manhattan, with the opening party featuring a …
Read More »Major tech stocks may start to sell, but investors shouldn’t panic
Investors who have major tech stocks in their portfolio should prepare for potential volatility this earnings season, CNBC’s Jim Cramer said Thursday. “If you want to have these stocks right now, you have to be willing to put up with a little bit of pain. You’ll have to see how …
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