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Airline Stock Roundup: Fresh Labor Trouble At American Airlines, Expansion Update From Delta Air Lines
Article By:
Zacks Investment Research
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Sunday, September 3, 2023 3:59 PM EDT
In the past week, American Airlines flight attendants voted to give their union the power to call a strike if an agreement pertaining to their pay is not reached. Also, Delta Air Lines has decided to start a nonstop service between two airports.
Burger King Must Defend Misleading Whopper Lawsuit, Judge Rules
Article By:
Tyler Durden
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Sunday, September 3, 2023 3:19 PM EDT
Fast food chain Burger King finds itself in a flame-broiled fiasco. A United States judge ruled this week that a lawsuit alleging the company cheated its customers by misrepresenting the size of its Whopper sandwiches would not be dismissed.
How Big Is A Burger King Whopper?
Article By:
Angry Bear
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Sunday, September 3, 2023 9:57 AM EDT
Burger King Whopper is 4 ounces. A Wendy's single is 4 ounces. The real question is, can you misrepresent a product in advertising? Everyone may know the product is not what it is claimed to be.
Natural Gas: Towards Higher Highs
Article By:
Dimitris Kontoulis
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Sunday, September 3, 2023 9:23 AM EDT
Natural Gas futures on the Nymex had a positive week closing 4.1% higher than the previous one, at $2.76. EIA reported on Thursday another build of 32 Bcf in working underground stocks for the week ended August 25. Iinventory is currently 3,115 Bcf.
The Growing LNG Trade
Article By:
Simon Lack
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Sunday, September 3, 2023 7:35 AM EDT
Nearly three years ago, French utility company Engie pulled out of negotiations with NextDecade to buy Liquefied Natural Gas. Concerns about methane leaks during the production of natural gas were the reason.
In this article: NEXT
Week In Review: GenFleet Out-Licenses Three Candidates To Verastem In $625 Million Deal
Article By:
ChinaBio® Today
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Saturday, September 2, 2023 1:59 PM EDT
Shanghai GenFleet Technologies partnered three preclinical small-molecule candidates for RAS pathway-driven cancers to Verastem Oncology in a deal that could be worth up to $625.5 million. GenFleet will receive an initial payment of $11.5 million.
Mapped: The Richest Billionaires In U.S. States
Article By:
Jeff Desjardins
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Thursday, August 31, 2023 9:31 AM EDT
The number of billionaires in the U.S. increased 5% compared to last year, going up to 775. The richest of the rich are concentrated in states like Texas, California, and New York, but there is almost one billionaire in every single state.
Apple To Announce IPhone 15: Key Rumors And The Curious Case Of Missing AI
Article By:
Shelly Palmer
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Wednesday, August 30, 2023 9:05 AM EDT
Apple’s September 12 event is on every tech enthusiast’s calendar. As we gear up for the announcements, let’s dissect the rumors… and see what’s missing.
In this article: AAPL
How Luxury Brands Are Using Blockchain Tech, AI To Fight Counterfeits
Article By:
The Tokenist
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Wednesday, August 30, 2023 8:33 AM EDT
Luxury brands are using cutting-edge technologies such as blockchain and AI to fight back against counterfeits. Prada Group, the parent company of Miu Miu, has invested in high-tech methods to track its luxury goods.
LG To List AI-Powered ETF In US With New Partnership
Article By:
The Tokenist
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Tuesday, August 29, 2023 10:04 AM EDT
LG teamed up with Qraft to launch an AI-powered ETF in the US that will encompass around 100 large-cap stocks.
In this article: LGEIY
UAW Gearing Up For A Strike, It Could Be Long And Nasty
Article By:
Mish Shedlock
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Tuesday, August 29, 2023 9:36 AM EDT
The UAW and the auto makers are miles apart on a new contract. UAW president President Shawn Fain has demands that would likely bankrupt the industry.
Laos Suspends Electricity For Crypto Miners Amid Drought, Missed Payments
Article By:
The Tokenist
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Monday, August 28, 2023 9:03 AM EDT
Laos experienced a severe drought in the first half of 2023, resulting in increased demand for electricity power.
China Makes Its Stock Market More Lucrative For Investors
Article By:
The Tokenist
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Monday, August 28, 2023 8:28 AM EDT
Chinese benchmark stock index CSI 300 rose 1.2% on Monday as rules change for the country's financial markets. However, issues troubling the economy persist and will likely not be resolved by such stop-gap measures.
In this article: EGRNF
Existing Home Sales On Track To Reach A 13-Year Low
Article By:
Christophe Barraud
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Monday, August 28, 2023 3:30 AM EDT
After rebounding earlier this year, existing home sales fell for a second straight month in July. The correction is likely to continue in the coming months as existing home inventory remains depressed and demand is weakening.
Airline Stock Roundup: American Airlines' Bearish Q3 Cost View, Allegiant's July Traffic Report
Article By:
Zacks Investment Research
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Sunday, August 27, 2023 3:25 PM EDT
In the past week, American Airlines received encouraging tidings on the labor front when the company’s pilots approved a four-year deal pertaining to a wage increase. Meanwhile, Allegiant Travel's traffic report for the month of July was impressive.