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Business

Rivian shares are set to pop more than 35% as outlook for EV maker improves, Wedbush says

by Horatio Thompson
Rivian shares are set to pop more than 35% as outlook for EV maker improves, Wedbush says

The Rivian story is “finally” turning around after several difficult quarters, according to Wedbush. “We believe after a number of ‘one step forward, two steps back’ excuses for Rivian and …

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Emirates News Agency – Dubai records over AED13.6 bn in weeklong real estate transactions

by Anas Siddiqui
Emirates News Agency – Dubai records over AED13.6 bn in weeklong real estate transactions

Fri 07-07-2023 16:27 PM DUBAI, 7th July, 2023 (WAM) — A total of 3,244 real estate transactions worth over AED 13.6 billion were conducted during the week ending 7th July, …

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Was your flight canceled due to bad weather? What you need to know about rebooking, refunds and more

by Franz Hernandez
Was your flight canceled due to bad weather? What you need to know about rebooking, refunds and more

WASHINGTON — Hundreds of thousands of air travelers are facing potential flight cancellations and delays this weekend, the peak of summer travel, as thunderstorms threaten the East Coast, West Coast …

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Alzheimer’s drug Leqembi sales may be slow at first: Analysts

by Akin Smith
Alzheimer’s drug Leqembi sales may be slow at first: Analysts

Jay Reinstein, who suffers from Alzheimer’s, receives an injection so he can have a PET scan at MedStar Georgetown University Hospital in Washington, DC on June 20, 2023. Michael Robinson …

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Production of Barista Bros drinks discontinued in Australia

by Anas Siddiqui
Production of Barista Bros drinks discontinued in Australia

A popular iced coffee brand has been quietly pulled from supermarket shelves nationally. Coca-Cola Australia has discontinued production of Barista Bros, which specialised mainly in iced coffee products. In a …

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Wall Street opens mostly lower after mixed jobs data

by Anas Siddiqui
Wall Street opens mostly lower after mixed jobs data

The S&P 500 and the Dow have slipped after latest data signalled resilience in the US labour market in the face of the Federal Reserve’s aggressive monetary tightening. The data …

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Wall Street opens mostly lower after mixed jobs data

by Anas Siddiqui
Wall Street opens mostly lower after mixed jobs data

The S&P 500 and the Dow have slipped after latest data signalled resilience in the US labour market in the face of the Federal Reserve’s aggressive monetary tightening. The data …

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After several turbulent days, flight disruptions ease despite worries about 5G signals

by Franz Hernandez
After several turbulent days, flight disruptions ease despite worries about 5G signals

Airline passengers who have endured tens of thousands of weather-related flight delays this week got a welcome respite from the headaches Saturday, despite concerns about possible disruptions caused by new …

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Hyundai overtakes GM, but Tesla’s U.S. dominance continues

by Anas Siddiqui
Hyundai overtakes GM, but Tesla’s U.S. dominance continues

A Tesla Model Y is seen on a Tesla car lot on May 31, 2023 in Austin, Texas. Tesla’s Model Y has become the world’s best selling car in the …

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JetBlue to end American Airlines deal, focus on Spirit, after antitrust case

by Franz Hernandez
JetBlue to end American Airlines deal, focus on Spirit, after antitrust case

American and JetBlue flights prepare to take off at Los Angeles International Airport, Jan. 11, 2023. Carolyn Cole | Los Angeles Times | Getty Images JetBlue Airways said Wednesday that …

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