ATLANTA (AP) — Rising concern about the fast-spreading delta variant of COVID-19 is creating turbulence for the stocks of big travel companies, but airline executives say they don’t see any slowdown in ticket sales, maybe because a high percentage of their best customers are fully vaccinated. “We haven’t seen any impact at all on bookings, […]

NEW YORK (AP) — The move by Donald Trump’s company to strip its top finance chief from several leadership positions less than two weeks after his criminal indictment suggests it is facing a tricky, new business environment as it seeks to reassure lenders and other business partners. Allen Weisselberg, the top numbers man for Trump […]

WILMINGTON, Del. (AP) — Testifying for a second day, CEO Elon Musk pushed back again Tuesday against a lawsuit that blames him for engineering Tesla’s 2016 acquisition of a financially precarious company called SolarCity that was marred by conflicts of interest and never generated the profits Musk insisted it would. And for a second day, […]

NEW YORK (AP) — Amazon founder Jeff Bezos stepped down as CEO on Monday, handing over the reins as the company navigates the challenges of a world fighting to emerge from the coronavirus pandemic. Andy Jassy, who ran Amazon’s cloud-computing business, replaced Bezos, a change the company announced in February. Bezos, Amazon’s biggest shareholder with […]

NEW YORK (VINnews) — There is a group of new car auto dealers in the NY Area that have been trying to put an end to acquiring new vehicles through auto brokers. Their success would not only drive up vehicle prices for hardworking New Yorkers, but deny them the freedom to make a significant purchase […]

NEW YORK (AP) — Robinhood, the trading app that’s sent a newly empowered generation of investors to Wall Street, saw its revenue soar 309% at the start of the year as a frenzy over so-called meme stocks shook the market. The company revealed the revenue surge in a filing with the Securities and Exchange Commission […]

OMAHA, Neb. (AP) — Billionaire Warren Buffett says the one constant throughout the coronavirus pandemic has been that it has been difficult to predict how it would affect the economy, but clearly it has devastated many small businesses and individuals while most big companies have fared OK. “The economic impact has been this extremely uneven […]

NEW YORK (AP) — Robinhood Financial will pay a $57 million fine and return another $12.6 million to thousands of its customers to settle accusations of a wide range of supervisory failures, such as hurting customers by giving them misleading information and improperly allowing some to make riskier trades. The financial penalty is the largest […]

NEW YORK (JTA) – Many of Twitter’s cryptocurrency zealots are often notorious trolls, but one particular thought leader stands out from the rest. He happens to be a rabbi. “Twitter people either use it to scream at each other and not be nice, which I don’t like,” says micro-influencer Rabbi Michael Caras, also known as @thebitcoinrabbi. […]

NEW YORK (AP) — Congress on Thursday overturned a set of regulations enacted in the final days of the Trump administration that effectively allowed payday lenders to avoid state laws capping interest rates. The House voted 218-208 to overturn the Office of the Comptroller of the Currency’s payday lending regulations, with one Republican voting with […]