A paramedic prepares doses of AstraZeneca vaccine for patients at a walk-in COVID-19 clinic inside a Buddhist temple in the Smithfield suburb of Sydney on August 4, 2021. Saeed Khan | AFP | Getty Images The World Health Organization on Wednesday called on wealthy nations to stop the distribution of […]
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Spirit Airlines cancels half of its flights to ‘reboot’ operation, vows to learn from disruptions
A customer service agent tries to calm passengers as they form a line that extends outside LAX Terminal 5 Tuesday morning as Spirit Airlines has canceled 313 flights on Monday, 40% of its scheduled flights, and 210 flights have been delayed. Al Seib | Los Angeles Times | Getty Images […]
Target to pay 100% of college tuition and textbooks in bid to attract workers
A hiring sign is posted i front of a Target store on February 05, 2021 in San Rafael, California. Justin Sullivan | Getty Images Target said Wednesday it will offer new perks to woo workers: a debt-free way to get a college degree and payments toward graduate programs. Starting this […]
Robinhood surges as much as 81% in second day of wild trading
Baiju Bhatt (left) and Vlad Tenev, founders of the online brokerage Robinhood, walk along Wall Street after going public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images Robinhood shares soared again on Wednesday, extending a wild rally in […]
Target rolls out debt-free undergraduate, graduate degrees as way to woo retail workers
A hiring sign is posted i front of a Target store on February 05, 2021 in San Rafael, California. Justin Sullivan | Getty Images Target said Wednesday that it will offer a new perk to woo workers: A debt-free way to get an associate, undergraduate or graduate degree. Starting this […]
WHO calls for moratorium on Covid vaccine boosters at least through September
A paramedic prepares doses of AstraZeneca vaccine for patients at a walk-in COVID-19 clinic inside a Buddhist temple in the Smithfield suburb of Sydney on August 4, 2021. Saeed Khan | AFP | Getty Images The World Health Organization on Wednesday called for a moratorium on Covid-19 vaccine booster shots, […]
Private companies added 330,000 jobs in July, according to ADP, far short of the 653,000 estimate
A ‘We’re Hiring!’ sign is displayed at a Starbucks on Hollywood Boulevard on June 23, 2021 in Los Angeles, California. Mario Tama | Getty Images Job creation at private companies tumbled in July as fears mounted over the spreading coronavirus delta variant, payroll processing firm ADP reported Wednesday. Employers added […]
General Motors misses Wall Street second-quarter earnings expectations, raises 2021 guidance
General Motors missed Wall Street’s earnings expectations for the second-quarter despite a strong profit and raising its guidance for the year. GM’s second-quarter earnings were dragged down due to about $1.3 billion in warranty recall costs, including $800 million related to the Chevrolet Bolt EV. The electric vehicle has been […]
Robinhood surges another 13% a day after jumping past IPO price
Vlad Tenev, co-founder and CEO of Robinhood rings the opening bell at the Nasdaq on July 29th, 2021. Source: The Nasdaq Robinhood shares are jumping in early trading on Wednesday, setting the newly public stock trading app up to extend its 24% rally from the previous session. Shares of Robinhood […]
Yellen says enacting Biden’s agenda is key to keeping U.S. the ‘world’s pre-eminent economic power’
Janet Yellen, U.S. Treasury secretary, arrives at a Eurogroup meeting of European Union (EU) finance ministers in Brussels, Belgium. Bloomberg | Bloomberg | Getty Images Treasury Secretary Janet Yellen will warn on Wednesday that enacting President Joe Biden’s economic agenda is critical to maintaining America’s status as the world’s top […]