Engine Maintenance Issues Are Weighing on Air New Zealand in the Near Term
We estimate the domestic business, where Air New Zealand typically enjoys around 80% market share, had recovered to pre-covid levels by the end of fiscal 2023. We expect the international recovery, ...
FTC's latest case against Microsoft represents Lina Khan's last swing against Big Tech
A reported antitrust case against Microsoft Corp. will likely be the last gasp of Federal Trade Commission Chair Lina Khan's rather unsuccessful tenure of trying to rein in Big Tech.
Bank of Korea Surprises With Back-to-Back Rate Cut, Lowers Growth Forecasts
The Bank of Korea slashed its benchmark seven-day repurchase rate by a quarter-percentage point to 3.00% on Thursday, accelerating the easing cycle that it started in October with its first cut in ...
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New York City Housing to Sell Sustainable Bonds for Multi-Family Housing
The New York City Housing Development Corp. plans to sell at least $398 million of sustainable development bonds, with proceeds slated for financing construction mortgage loans and permanent mortgage ...
Why Trump foes can't block day-one tariffs on China, Mexico and Canada
President-elect Donald Trump has already begun to captivate financial markets with his unorthodox negotiating style, as evidenced by the reaction to his Monday night threat to impose 25% tariffs on ...
Billionaire Larry Ellison helped give a high school student $10 million to play football for Michigan - and gave us a glimpse behind the NIL curtain
It's now common for top-flight college athletes to make millions of dollars from NIL deals. And after billionaire Larry Ellison recently helped a high-school quarterback get at least $10 million to ...
Euro Gains 0.74% to $1.0569 — Data Talk
--Up 1.36% from its 52-week low of 1.0427 hit Friday, Nov. 22, 2024 Sea and Spotify saw the largest valuation bumps among US-listed stocks covered by Morningstar analysts. We remain optimistic about ...
Dollar Lost 1.30% to 151.12 Yen — Data Talk
--Up 7.47% from its 52-week low of 140.613 hit Monday, Sept. 16, 2024 Sea and Spotify saw the largest valuation bumps among US-listed stocks covered by Morningstar analysts. We remain optimistic about ...
Sterling Gains 0.88% to $1.2681 — Data Talk
--Off 5.47% from its 52-week high of 1.3415 hit Tuesday, Sept. 24, 2024 --Up 2.69% from its 52-week low of 1.2349 hit Monday, April 22, 2024 --Year-to-date the British pound is down 0.41% vs the ...
FTC Opens Antitrust Investigation Into Microsoft, Bloomberg Reports, Citing Sources
--The Federal Trade Commission has launched a broad antitrust investigation into Microsoft, Bloomberg reports, citing people familiar with the matter. --The antitrust watchdog has crafted a detailed ...
Consumer Cos Down, But Higher on Week, Ahead of Holiday Sales — Consumer Roundup
Consumer companies ticked down, but remained sharply higher for the week, amid optimism ahead of the traditional kickoff to the holiday shopping season. Shares of Amazon.com fell even as traders bet ...
Materials Flat After Inflation Data — Materials Roundup
Producers of metals and other raw materials were little changed after U.S. inflation data. Prices as measured by the personal-consumption expenditures price index rose 0.2% in October; most worryingly ...