With the oil crisis caused by the U.S. strike on Iran now in its third month, the string of smaller and mid-size airlines filing for bankruptcy protection has already begun. The most high-profile collapse occurred when, at the start of May, low-cost airline Spirit Airlines definitively shut down …
Every generation of Wall Street workers learns the same lesson the hard way. The bank you joined is rarely the bank you retire from. Roles get reshuffled, divisions get sold off, and the career path that looked rock-solid on day one almost never matches the one that pays out at year 30…
One of Berlin’s rising-star, early stage startups, Peec AI, just crossed $10 million in annualized revenue, according to internal dashboard data seen and verified by TechCrunch. Peec AI raised its $21 million Series A six months ago. While CEO Marius Meiners wouldn’t disclose its valuation to me at that time (only revealing that it was…
Drone strike ignites fire at major Russian oil export terminal in Novorossiysk
Elon Musk has the largest stake in SpaceX by billions of shares. The other biggest shareholders also have longstanding and deep ties to Musk…
SpaceX fueled the third-generation rocket booster and ship and was just moments away from liftoff, before calling a scrub. It’s expected to try again Friday…
This isn’t what he signed up for. But incoming Fed Chair Kevin Warsh can thank the nearly three-month Iran War for fueling the hot mess rising from the surprisingly deep hawkish shift among U.S. central bankers. The result: Their newly released signals that rising inflation rates could cause an …
ToplineThe Commodity Futures Trading Commission is looking into oil futures trades made by at least three previously unreported firms on March 23, just before Trump announced a ceasefire extension with Iran, the Wall Street Journal reported. The CFTC is examining firms that placed trades timed to a Trump social media post on March 23.SOPA Images/LightRocket…
Trading Day: IPO, IPO, it’s off to work we go
Oil falls, stocks climb as investors hope for progress in Iran war talks
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