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Home2022June
Trading News

American Airlines offers pilots nearly 17% pay raises in new contract proposal

In this article AAL Pilots talk as they look at the tail of an American Airlines aircraft. Mike Stone | Reuters American Airlines CEO Robert Isom on Thursday said the carrier has offered its pilots pay raises totaling nearly 17% under a new contract, according to an internal video

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June 30, 2022
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Internal Facebook memo warns company must be disciplined, prioritize ruthlessly

In this article META Chris Cox, Chief Product Officer, Meta, speaking the WEF in Davos, Switzerland on May 25th, 2022. Adam Galica | CNBC Facebook-parent Meta has warned employees to expect a tough second half of the year as the company continues to weather challenges related to its core

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June 30, 2022
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FCC authorizes SpaceX to provide mobile Starlink internet service to boats, planes and trucks

The Starlink logo is seen in the background of a silhouetted woman holding a mobile phone. Sopa Images | Lightrocket | Getty Images The Federal Communications Commission authorized SpaceX to provide Starlink satellite internet to vehicles in motion, a key step for Elon Musk's company to further

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June 30, 2022
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Big technology stocks like Tesla, Amazon and Microsoft just finished their worst quarter in years

Elon Musk attends The 2022 Met Gala Celebrating "In America: An Anthology of Fashion" at The Metropolitan Museum of Art on May 2, 2022 in New York City. (Photo by Gotham/Getty Images) Gotham | Getty Images Investors lowered the valuations of the world's largest technology companies in

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June 30, 2022
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Here’s how much the value of your Social Security check is likely to go up next year

Good news. Sort of. If you’re retired or just about to retire, next year’s Social Security checks are likely to see one of the biggest bumps on record as a result of surging consumer prices. The average beneficiary may be in line to get as much as

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June 30, 2022
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Former Apple exec Ron Johnson’s Enjoy Technology files for bankruptcy months after it went public

In this article ENJY Ron Johnson during a panel discussion at the CNBC Evolve New York event on June 19, 2019. Astrid Stawiarz | CNBC Enjoy Technology, a retail startup founded by former Apple and J.C. Penney exec Ron Johnson, filed for Chapter 11 bankruptcy protection on Thursday, mere

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June 30, 2022
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Bitcoin just had its worst month on record

Bitcoin just finished its worst month since May 2021, losing more than 38% of its value in June, as of Thursday afternoon. Ether, the world's second biggest cryptocurrency by market capitalization, ended the same period down by about 47%. Though weakness in the digital assets sector

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June 30, 2022
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Atlassian billionaire co-CEO Scott Farquhar saved a man’s life at a Las Vegas nightclub in April

Scott Farquhar, co-founder and co-CEO of the global software company, Atlassian, speaks at the National Maritime Museum in Sydney, April 10, 2018. Chris Hopins | The Australian Financial Review | Getty Images As co-CEO of collaboration software maker Atlassian, Scott Farquhar has had a tough year along

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June 30, 2022
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The “Stuff” Surplus Has Started; Like Taking Candy From Buybuy Baby

Did Somebody Say “Blue Light Special?” Great Ones, we’ve long talked up the average consumer’s willingness to overspend like no tomorrow. You might fancy yourself a thrifty shopper, but c’mon: Who doesn’t at least shell out for the good frozen pizza every once in a while? No? Call

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June 30, 2022
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Natural gas drops 16%, posts worst month in more than three years

A liquid natural gas (LNG) tank. Artinun Prekmoung / Eyeem | Eyeem | Getty Images U.S. natural gas futures plunged below $6 per million British thermal units on Thursday, after an inventory report showed a larger-than-expected storage build, sparking fears of an oversupplied market. Henry Hub futures declined

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June 30, 2022
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