Elon Musk says Starlink will provide faster internet speeds on airlines

Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. year. Patrick Pleul | picture alliance | picture alliance | Getty Images Elon Musk on Thursday touted SpaceX’s plan to use Starlink for in-flight Wi-Fi, emphasizing that his company is in discussions with airlines to add the high-speed satellite … Read more

‘We will comply:’ Spirit Airlines CEO prepares staff for federal Covid vaccine mandate

A Spirit Airlines aircraft takes off at Orlando International Airport. Paul Hennessy | SOPA Images | LightRocket | Getty Images Spirit Airlines‘ CEO Ted Christie on Friday told staff to get inoculated against Covid-19 ahead of forthcoming federal vaccine mandates for large companies. President Joe Biden last month said the government will require companies with … Read more

Regional airlines that fly for the major U.S. carriers aren’t mandating vaccines for staff — yet

A United Airlines worker services a United Express Embraer 170 passenger aircraft parked on the tarmac at Albuquerque International Sunport in New Mexico. Robert Alexander | Getty Images Major U.S. airlines are increasingly mandating Covid-19 vaccines for employees. Some of the regional carriers that fly under their names have not — at least not yet. … Read more

American Airlines pilots’ union plan airport pickets as labor tension over fatigue, overscheduling heats up

Pilots talk as they look at the tail of an American Airlines aircraft. Mike Stone | Reuters The labor union that represents American Airlines‘ pilots said Tuesday that it is making plans to picket at the carrier’s major hubs this fall to protest overscheduling, fatigue and a lack of hotels for crews over the summer. … Read more

U.S. investment bank reveals its favorite stock picks — here are 10

Traders work at the New York Stock Exchange (NYSE) in Manhattan, August 3, 2021. Andrew Kelly | Reuters Food and agriculture, energy, financials, defense and airlines are all business sectors that could offer compelling value for investors over the next year, according to U.S. investment bank Seaport Global. Source link

Goldman says it’s time to buy the dip in stocks that have been hurt by the pandemic

A trader works on the floor of the New York Stock Exchange (NYSE), July 21, 2021. Brendan McDermid | Reuters Economically sensitive stocks like energy and airlines led the recent pullback in the broader market, but they haven’t lost their luster, said Goldman Sachs’ top strategist, who is advising clients to buy the dip in … Read more

Earnings and the Federal Reserve are next big catalysts as stocks enter week ahead on an upswing

Traders at the New York Stock Exchange, July 20, 2021. Source: NYSE Here comes one of the biggest market weeks of the summer. First, the Federal Reserve meets Tuesday and Wednesday. While no action is expected, there could be some mention of the central bank’s possible wind down of its bond program. That could move … Read more

TSA screenings surpass 2019 levels in pandemic first as airlines, airports scramble to staff

Travelers wait in line at a Transportation Security Administration (TSA) screening checkpoint at Orlando International Airport in May, 2021. Paul Hennessy | SOPA Images | LightRocket | Getty Images The Transportation Security Administration said Friday that airport screenings have climbed above 2019 levels for the first time in the pandemic, signaling strong travel demand during … Read more

Cybersecurity company SentinelOne files to go public with 108% revenue growth year-over-year

SentinelOne co-founder and CEO Tomer Weingarten. SentinelOne Cybersecurity company SentinelOne filed its IPO prospectus with the Securities and Exchange Commission on Thursday, and plans to list on the New York Stock Exchange under the ticker symbol S. In the three months ending April 30, revenue grew 108% year over year to $37.4 million, while net losses more … Read more

Covid vaccine passports: Everything we know so far

In this photo illustration, a message saying “COVID-19 PCR test result has been verified, of Travel Pass app mobile application by IATA (International Air Transport Association) seen displayed on a smartphone screen in front of IATA logo. Pavlo Gonchar | LightRocket | Getty Images Italy, Iceland, Greece and Spain now allow or are opening their … Read more