Business

Southwest Airlines Introduces A Perk Customers Will Love

Southwest Airlines Introduces A Perk Customers Will Love

The airline industry, as well as the world at large, was grounded once covid hit in March of 2020. Eventually some flights were available in 2020 with enhanced safety precautions, but relatively few people felt like taking the risk. So it was no surprise when the The International Air Transport Association confirmed that 2020 was …

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Carnival Cruise Line Ship

Carnival Cruise Line Drops Testing on Shorter Sailings and Updates Protocols

Carnival Cruise Line has announced today, July 29, that it will be removing all pre-cruise testing requirements for vaccinated guests on short cruises of 5 nights or less, effective August 4. The cruise line will be introducing further changes in phases.  Carnival will also be changing the amount of time that guests will need to …

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Space company Masten files for bankruptcy after struggle with NASA moon contract

Space company Masten files for bankruptcy after struggle with NASA moon contract

Lunar-focused company Masten Space Systems filed for Chapter 11 bankruptcy protection on Thursday, with the venture winnowed down to a handful of people after layoffs and furloughs. The space company declared as its debts ballooned, tracing back to a NASA contract awarded to Masten two years ago. Once seen as a major win for the …

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McCarthy swipes at Pelosi over ban on lawmaker stock trading

McCarthy swipes at Pelosi over ban on lawmaker stock trading

House Minority Leader Kevin McCarthy (R-Calif.) took a swipe at Speaker Nancy Pelosi (D-Calif.) on Friday over reports that Democratic lawmakers are planning to introduce a ban on lawmaker stock trading next month. McCarthy during his Friday press conference said it is not “proper” for Pelosi to write the bill regarding a ban on congressional …

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Possible Demotech downgrades spark effort to bolster Florida insurance

Possible Demotech downgrades spark effort to bolster Florida insurance

Florida insurance regulators are taking an “unprecedented” and “extraordinary” step to try and prevent tens of thousands of homeowners from being forced to look for new property insurance coverage if rating agency Demotech follows through on plans to downgrade many Florida carriers. The Florida Office of Insurance Regulation announced a plan Wednesday to provide companies that are downgraded …

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Stocks Open Mixed After Hot Inflation Report

Stocks Open Mixed After Hot Inflation Report

The Dow Jones Industrial Average reversed from early losses to turn higher Friday morning on a hotter-than-expected inflation report. And tech titans Amazon.com (AMZN) and Apple (AAPL) were up after reporting strong earnings results late Thursday. X Amazon shares surged 11% in morning trade, while Apple stock popped 2.5% before the market open. Other key …

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Roku stock plummets toward worst drop on record after 'frankly awful' earnings

Roku stock plummets toward worst drop on record after ‘frankly awful’ earnings

Shares of Roku Inc. were tumbling toward their worst drop on record Friday after the streaming company acknowledged a “significant slowdown” in advertising spending that helped propel it to weaker-than-expected results and could persist beyond the latest quarter. “Consumers began to moderate discretionary spend, and advertisers significantly curtailed spend in the ad scatter market (TV …

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