United Airlines will be flying into the next decade with wind behind more Boeing wings. The carrier has placed an order for 100 of Boeing’s top-of-the-line 787 Dreamliners with options to purchase 100 more. In a press release, United described the purchase as “the largest widebody order by a U.S. carrier in commercial aviation history”…
Gold prices fell on Monday as the U.S. dollar firmed ahead of key inflation data, with investors awaiting the Federal Reserve policy meeting for more clues about its rate-hike stance. Spot gold slipped 0.4% to $1,788.69 per ounce, as of 0714 GMT. U.S. gold futures were down 0.6% at $1,799.10. The dollar index rose 0.3%….
Toyota stops sales and production for this auto in the U.S. market. Toyota is known for a lot of different things, mainly automobiles, but the company also makes sewing machines, forklifts, robotics, boats and even houses. Of course, the main line of business Toyota handles is automobiles. While being a true leader in the automobile…
Disney’s ad tier officially launched Thursday as the media giant looks to curb accelerating streaming losses. “We expect Disney to generate anywhere from about $500 million to even up to $1 billion dollars in ad-supported revenue on the Disney+ product in their first year of operation,” told Geetha Rangathan, analyst at Bloomberg Intelligence. Rangathan said…
Twitter Inc will roll out new controls as soon as next week to let companies prevent their ads from appearing above or below tweets containing certain keywords, the social media platform told advertisers in an email on Thursday. The new controls are part of Twitter’s effort to reassure and lure back advertisers that have pulled…
GameStop Chairman Ryan Cohen and CEO Matt Furlong promised to turn the gaming retailer into one of operational excellence and amazing store experiences while cashing in on new opportunities like crypto and NFTs. More than a year into their collective and rather secretive leadership, the entire experiment is beginning to look like an utter failure…
The largest nominal-dollar increase for Social Security checks in history comes with a downside. Every month, close to 66 million people — mostly retired workers — receive a Social Security benefit. Although this monthly payout isn’t particularly large, with the average retired worker bringing home $1,677 a month as of October 2022, it’s nevertheless a…
Jamie Dimon is worried that U.S. consumers could spend away their savings as inflation continues to bite, sending the economy into a recession next year. The JPMorgan Chase CEO said on Tuesday that consumers still have $1.5 trillion more “in their checking accounts” than they did prior to the pandemic, but warned that that may…
Warner Bros. Discovery’s (WBD) HBO Max — home to popular shows like “The White Lotus” and “Mare of Easttown” — is back on Amazon Prime Video Channels (AMZN). On a Tuesday, the two companies announced Prime customers can once again sign up for HBO Max for $14.99 per month, the same price available through other…
Cryptocurrency exchanges are setting up systems to verify certain assets and liabilities intended to reassure investors and customers in the wake of FTX’s collapse last month, but these measures give limited insight into the companies’ finances. Several crypto exchanges, including Binance Holdings Ltd. and Crypto.com, in recent months have hired outside auditors to provide a…