DIRS.INFO The most relevant business & tech news

☆ Frontier Airlines does away with change fees in budget airline pricing overhaul
▼ + stars: | 2024-05-17 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Frontier Airlines said it will stop charging customers a fee to change their flights, taking a page from larger competitors as the Biden administration issues stricter rules targeting so-called "junk fees." Frontier currently charges up to $99 to change flights if the change is made within a week of the trip, according to the airline's website. Larger rivals Delta , American and United scrapped change fees during the Covid-19 pandemic for travelers who were booked in standard economy class and above. "The truth is the big four all have no change fees on the majority of their products, so we were not as desirable," Biffle said. He said change fees were a "top complaint" of travelers.

Persons: Biden, Barry Biffle, Biffle Organizations: Frontier Airlines, CNBC, U.S . Department of Transportation, Frontier, Delta, United, Southwest Airlines

☆ Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
▼ + stars: | 2024-05-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

Almost 80% of current freight orders received for peak season are for mid-range price items, the survey shows. Similar to last year, respondents expect less consumer appetite for luxury and aspirational luxury items imported. The world's second-largest ocean freight company, Maersk, recently told CNBC it expected a "normal" peak season. "There's nothing that indicates that it would be a slower peak season or a bigger peak season," said Charles Van der Steene, president of Maersk North America, in a recent interview with CNBC. "We believe in normalized peak season.

Persons: Eric Thayer, Robinson, Kuehne, Nagel, Noah Hoffman, Hoffman, hypersensitive, Charles Van der Steene, We've, John David Rainey, Rainey, Larry, Jon Gold, Nate Herman, Biden Organizations: US, Bureau, Bloomberg, Getty, CNBC, Chain Survey, National Retail Federation, American Apparel and Footwear Association, United National Consumer Suppliers, ITS Logistics, DHL, Uber Technologies, C.H, Maersk, Walmart, Uber, International Longshoremen's Association, ILA, United States Maritime Alliance, Brands Locations: of Los Angeles, Los Angeles , California, U.S, Panama, Maersk North America, East Coast, Gulf, East, North America, West, Coast

☆ Your kids’ ultraprocessed food consumption may put them at higher risk, study shows
▼ + stars: | 2024-05-17 | by ( Madeline Holcombe | ) edition.cnn.com time to read: +5 min

CNN —The ultraprocessed foods your kids eat now may be putting them a greater risk for cardiometabolic problems – like heart attack, stroke and diabetes – in adulthood, a new study suggests. Researchers divided the data from the children into three groups based on the amount of ultraprocessed food they ate. “This particular topic, ultraprocessed food consumptions and risk, is a very important topic in kids,” he said. The ultraprocessed foods kids eat now may have lasting impacts, a new study suggests. In places where fresh food might be harder to obtain, ultraprocessed foods are more accessible and inexpensive, Freeman said.

Persons: ”, Stuart Berger, Andrew Freeman, Berger, Robert H, Lurie, Brendan Smialowski, ” Freeman, …, Freeman, there’s Organizations: CNN, American Academy of Pediatrics, Food and Agriculture Organization, United Nations, Jewish Health, Ann, Lurie Children’s Hospital, Getty, BMI Locations: Spain, Denver, Chicago, AFP

☆ Viral ‘courtesy’ letter American Airlines gives flight attendants shows how little they make
▼ + stars: | 2024-05-17 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +5 min

An employment verification letter American Airlines gives to some newly hired flight attendants documenting their salary has been circulating on Reddit, drawing attention to their low wages. The union says that flight attendants’ low salaries compared to top airline executives is a prime example of “corporate greed.”New flight attendants at American Airlines start at $27,000 per year. Robert Isom, the CEO of American Airlines, earned $31.4 million last year — 1,162 times more than a new attendant. American Airlines flight attendants have not gotten a raise since 2019, and the union is escalating its push for a new contract to raise wages. Flight attendants for United Airlines, Alaska Airlines and other carriers are also pushing for new contracts to raise wages.

Persons: haven’t, “, –, Robert Isom, Paul Hartshorn, APFA, Joe Biden, ” Hartshorn, ” Organizations: New, New York CNN, American Airlines, Association of Professional, Nutrition Assistance, SNAP, CNN, United Airlines, Alaska Airlines, Bureau of Labor Statistics, Railway Labor, Board, Airlines, “ Management, Southwest Airlines Locations: New York, Massachusetts

☆ Mercedes Workers in Alabama Reject Union
▼ + stars: | 2024-05-17 | by ( Jack Ewing | ) www.nytimes.com time to read: +1 min

Workers at two Mercedes-Benz factories near Tuscaloosa, Ala., voted on Friday against joining the United Automobile Workers, a stunning blow to the union’s campaign to gain ground in the South, where it has traditionally been weak. Hyundai and Honda also have large factories in Alabama that the U.A.W. could build on a string of recent victories and gain ground in a state whose elected officials have been hostile to organized labor. The union has said it wants to organize every automobile factory in the United States, expanding its membership to include the employees of companies like Toyota and Tesla. Union leaders will want to spend time figuring out how best to counter the messages and tactics of local lawmakers and company executives.

Persons: Kay Ivey Organizations: Mercedes, Benz, United Automobile Workers, Alabama’s, Hyundai, Honda, Toyota, Tesla Locations: Tuscaloosa, Ala, Alabama, United States, Union

☆ Some vacationers expect to carry summer travel debt, report finds. Here's how to avoid that
▼ + stars: | 2024-05-17 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

About 86.6% of Hopper users expect to travel this summer, but 72.5% have not booked their trips yet, according to the outlook. "Leaving a balance in your credit card is not necessarily good for your credit score." Plus you're adding to the expense of that purchase, with average credit card interest rates topping 20%. Book summer travel plans soon: The sooner you book your travel plans, the lower the upfront cost will tend to be. You might still have time to book late summer, early fall trips, she explained.

Persons: Klaus Vedfelt, Hopper, Berg, " Berg, Sally French, Cardholders Organizations: Digitalvision, Getty, United Airlines, American Airlines, JetBlue Airways, Federal Reserve Bank of New, Labor Locations: Federal Reserve Bank of New York, U.S

☆ Russian forces use border-town captives as ‘human shields,’ Ukrainian officials say
▼ + stars: | 2024-05-17 | by ( Mariya Knight | Chris Lau | ) edition.cnn.com time to read: +3 min

Vovchansk, in the northern Kharkiv region, has faced an onslaught, with Russian forces claiming to control surrounding villages, forcing civilians to flee. The details came a day after Ukraine’s Interior Minister Ihor Klymenko said Russians are taking civilians captive in northern Vovchansk. Russia has not commented on its troops using civilians as human shields or targeting those trying to evacuate. Russian forces launched airstrikes on Kharkiv Friday, killing at least three people and injuring 28, mayor Ihor Terekhov said in a Telegram post. He also said there may be several waves of Russian attacks on the region, and emphasized the need for Patriot missile systems to push Russian troops out of Kharkiv.

Persons: Serhii Bolvinov, ” Bolvinov, Bolvinov, Ihor Klymenko, ” Klymenko, Ihor Terekhov, Oleh Syniehubov, Volodymyr Zelensky, Zelensky Organizations: CNN, Russian, Kharkiv, police, Suspilne, Ukraine’s, ” Police, Russian Defense Ministry, AFP, Patriot, The United States Locations: Vovchansk, Moscow, Ukraine, Kharkiv, Ukrainian, Russian, Russia

☆ Mercedes-Benz workers in Alabama vote against UAW union membership
▼ + stars: | 2024-05-17 | by ( Michael Wayland | ) www.cnbc.com time to read: +4 min

United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty ImagesMercedes-Benz workers in Alabama have voted against union representation by the United Auto Workers, the National Labor Relations Board said Friday. Union organizing failed with 56% of the vote, or 2,642 workers, casting ballots against the UAW, according to the NLRB, which oversaw the election. More than 90% of the 5,075 eligible Mercedes-Benz workers voted in the election, according to the results. If no objections are filed, the election result will be certified, and the union will have to wait one year to file for a union election for a similar bargaining unit.

Persons: Andi Rice, Shawn Fain, Margaret Mock, Stellantis, Michael Wayland, Stephen Silvia, Southern, Mercedes, Silvia Organizations: United Auto Workers, UAW, ZF, Systems, Bloomberg, Getty, Mercedes, Benz, National Labor Relations Board, Detroit, Union, NLRB, Team, Detroit automakers Ford Motor, General Motors, Volkswagen, Southern Gamble, Workers, Foreign, American University Locations: Tuscaloosa , Alabama, Alabama, Tennessee, Sterling Heights , Michigan, U.S, Washington ,

☆ Gaza Gets Its First Aid Shipment from U.S. Pier: Israel-Hamas Latest Updates
▼ + stars: | 2024-05-17 | by ( Victoria Kim | ) www.nytimes.com time to read: +3 min

The notion of deploying U.N. peacekeepers into the Israeli-Palestinian conflict has been mentioned occasionally by diplomats. But the Arab League’s statement appeared to be the first time the group had officially made such a request in a written document, according to Farhan Haq, a U.N. spokesman. U.N. forces, which are typically drawn from the armed forces of multiple countries, do not enter live battle zones and do not engage in fighting. Both Israel and Hamas would also have to agree to having U.N. peacekeepers on the ground. “We don’t go into active combat, and parties themselves have to agree on allowing the presence of peacekeepers.

Persons: Farhan Haq, Mr, Haq, don’t, Israel, Vedant Patel, António Guterres, Guterres Organizations: United Nations, West Bank, . Security, League, Arab League, State Department Locations: Gaza, Israel, Manama, Bahrain, United States, Washington, Bahrain’s, Rafah

☆ Opinion | The Disastrous Relationship Between Israel, Palestinians and the U.N.
▼ + stars: | 2024-05-17 | by ( The Ezra Klein Show | ) www.nytimes.com time to read: +1 min

The international legal system was created to prevent the atrocities of World War II from happening again. The United Nations partitioned historic Palestine to create the states of Israel and Palestine, but also left Palestinians with decades of false promises. So what is international law actually for? Aslı Ü. Bâli is a professor at Yale Law School who specializes in international and comparative law. “The fact that people break the law and sometimes get away with it doesn’t mean the law doesn’t exist and doesn’t have force,” she argues.

Persons: “, Ezra Klein, ” Organizations: United Nations, Apple, Spotify, Amazon Music, YouTube, Yale Law School Locations: Palestine, Israel, Gaza, Syria, Yemen, Ethiopia

☆ U.C.L.A. Faculty Votes Against Rebuking University’s Chancellor
▼ + stars: | 2024-05-17 | by ( Jill Cowan | ) www.nytimes.com time to read: +1 min

The Academic Senate at the University of California, Los Angeles, voted against two resolutions seeking to rebuke the school’s chancellor, Gene Block, largely over his handling of an attack on a pro-Palestinian encampment two weeks ago. The results of the votes, conducted after a three-hour meeting on Thursday, were released on Friday and showed that only 43 percent of voting members had backed a no-confidence motion. A motion to censure Dr. Block was evenly split, 88 for and 88 against, failing to achieve a simple majority of support. “It is clear that we are not united in how we view the major events of the past weeks and the campus response to them,” Andrea M. Kasko, the Senate chair, said in a statement. “I hope that we can try to find common ground as colleagues, and have the courage to listen with open minds and open hearts even when we do not agree.”Formal rebukes by faculty were unlikely to have practical implications for Dr. Block, 75, who is set to step down as chancellor in July, said William G. Tierney, a professor emeritus of higher education at the University of Southern California who has written about the response to campus protests across the nation.

Persons: Gene Block, Block, ” Andrea M, William G, Tierney Organizations: Senate, University of California, University of Southern Locations: Los Angeles, University of Southern California

☆ Historic Starliner crewed launch attempt delayed again as teams continue to assess helium leak
▼ + stars: | 2024-05-17 | by ( Deblina Chakraborty | Madeline Holcombe | ) edition.cnn.com time to read: +5 min

CNN —The target date for the highly anticipated inaugural crewed mission of Boeing’s Starliner spacecraft has moved yet again. The update comes just days after Starliner teams reported a small helium leak in the service module of the spacecraft. Boeing designed the Starliner to rival SpaceX’s prolific Crew Dragon capsule and expand US options for ferrying astronauts to the space station. Meanwhile, Boeing’s rival under NASA’s commercial crew program — SpaceX — has become the go-to transportation provider for the space agency’s astronauts. Williams and Wilmore were already in their seats aboard the Starliner capsule May 6 when engineers found an issue and halted the launch.

Persons: Starliner’s, Suni Williams, Butch Wilmore, Williams, Wilmore, NASA’s, Bill Nelson, —, ”, SpaceX —, CNN’s Jackie Wattles, Ashley Strickland Organizations: CNN, NASA, Boeing, Atlas V, NASA’s Kennedy Space Center, International Space, Mercury, Gemini, Apollo, SpaceX, United Launch Alliance, V Locations: Houston, Florida, United States

This episode contains explicit language. Over recent months, protests over the war in Gaza have rocked college campuses across the United States. As students graduate and go home for the summer, three joined “The Daily” to discuss why they got involved, what they wanted to say and how they ended up facing off against each other. On today’s episode

Locations: Gaza, United States

☆ Vietnam reportedly forfeits billions of dollars in foreign aid amid anti-graft freeze
▼ + stars: | 2024-05-17 | by ( ) www.cnbc.com time to read: +2 min

Vietnam forfeited at least $2.5 billion in foreign aid over the last three years and may lose another $1 billion because of administrative paralysis, the United Nations, the World Bank and Western donors told the government in a letter seen by Reuters. Vietnam forfeited at least $2.5 billion in foreign aid over the last three years and may lose another $1 billion because of administrative paralysis, the United Nations, the World Bank and Western donors told the government in a letter seen by Reuters. Two senior foreign officials interviewed by Reuters directly linked the administrative hurdles to the "blazing furnace" anti-graft drive, echoing similar comments from other diplomats and officials in recent months. The anti-graft drive has created a sort of paralysis, in which bureaucrats are slow to approve or advance initiatives because they fear accidentally violating complex regulations. The U.N. and the World Bank said they kept working closely with the government on projects, with the U.N. acknowledging in a statement to Reuters that there were "challenges" for the use of funding.

Persons: Pham Minh Chinh Organizations: United Nations, World Bank, Reuters, European Union, Japan, Asian Development Bank Locations: Vietnam, Communist, United States

☆ The Ukraine war exposed serious flaws in some of the most sophisticated US weapons systems
▼ + stars: | 2024-05-17 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

Analysts say the US is gaining invaluable insights into the flaws of some of its most important weapons and military production systems. AdvertisementA shortage in weaponsThe Ukraine war has exposed problems not just with the quality of weapons, but with the US' capacity to produce them in the quantity Ukraine needs. "The biggest problem that the Ukraine war has exposed with American weapons is that the Pentagon simply does not buy enough munitions for a large-scale protracted conflict," said Pettyjohn. AdvertisementShe added that the recent Ukraine aid bill, which also contains billions for US weapons production, doesn't fix the problem. But though the war has posed serious conundrums for Pentagon chiefs, it's also shown that many of its weapons systems remain much better than those of its opponents.

Persons: —, Scott Peterson, Pettyjohn, it's Organizations: Service, Business, Getty, Center, New, New American Security, Ukrainian, Russia, Pentagon Locations: Russian, Ukraine, Ukrainian, New American, Afghanistan, Russia, United States

☆ 'Dow Theory' indicates the march to 40,000 could be short lived
▼ + stars: | 2024-05-17 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

However, as R.J. O'Brien's Tom Fitzpatrick points out, Dow theory signals this run may be short lived. While the Dow Industrials reached a fresh record high, Transports have not been as fortunate. Dow Transports in April suffered their worst month since September 2022, losing 8%. What's more, the actual 40,000 level is more symbolic than meaningful, he said. The Dow Industrials also have a history of pulling back after a 1,000-point increase .

Persons: O'Brien's Tom Fitzpatrick, Dow, Charles Dow, that's, Fitzpatrick, we're, Dow Industrials Organizations: Dow Jones, Dow, CNBC, Transports, Dow Transports, Southwest, FedEx Locations: United

☆ No walk-ins allowed: What to know when touring the world’s best wine regions
▼ + stars: | 2024-05-17 | by ( Penny Sadler | Erica Lamberg | ) www.cnbc.com time to read: +6 min

Wine touring in the Old WorldFrance Of France's 11 wine regions, Bordeaux, Burgundy (or Bourgogne) and Champagne are the most eminent. The United States California is renowned for wine tasting, though almost every state in the continental U.S. has a wine region or wine tourism area. Visitors can drive between vineyards, bike the Napa Valley Wine Trail, or book a ride on the vintage Napa Valley Wine Train. Barossa is one of the older wine regions in Australia, with some 200 cellar doors within two hours of Adelaide. South Africa South Africa may be considered a new world wine region, but Constantia, a top destination for wine tasting, is centuries old.

Persons: meunier, Chateau Angelus, Viniv Bordeaux, Georges Gobet, Montagne, Kim Kulish, Margaret River, Wine, Joey Estate, River, Groot Organizations: Michelin, Viniv, Afp, Getty, UNESCO, Heritage, Montagne de Reims, Travelers, United, Wine, Sonoma, Australia Wine, Bloomberg Locations: Europe, United States, Australia, South Africa, Bordeaux, Burgundy, Bourgogne, Vin, Chateau, Saint Emilion, France, Champagne, Italy Tuscany, Italy, Tuscany, Chianti, Greve, Alba, Piedmont, United States California, Napa Valley, Napa, Texas, Washington , Oregon, Virginia, New York, Yarra, Victoria, Barossa, Adelaide, Perth, Yarra Valley, Melbourne, South Africa South Africa, Constantia, Groot Constantia, South, Cape Town

☆ Oil set for weekly gain on signs of improving demand
▼ + stars: | 2024-05-17 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose in Asian trading hours on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand and slowing inflation in top oil consumer the United States. Brent crude oil prices rose 21 cents, or 0.3%, to $83.48 a barrel by 0018 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 18 cents, or 0.2%, to $79.41 a barrel. Brent futures are set to rise about 1% on a weekly basis, and WTI futures are set to gain 1.4%. Recent declines in oil and refined products inventories at major global trading hubs have created optimism over oil demand growth, reversing a trend of rising stockpiles that had weighed heavily on crude oil prices in prior weeks.

Persons: Brent, Alex Hodes Organizations: . West Texas, Brent, ., Financial, Federal Reserve Locations: Tutong district, Brunei, United States, U.S, Europe's Amsterdam, Rotterdam, Antwerp

☆ She flew a record-breaking US flight – but it was kept secret for years
▼ + stars: | 2024-05-16 | by ( Jacopo Prisco | ) edition.cnn.com time to read: +13 min

There were no women flying, there were no female airline pilots. A historic moment, kept secretRippelmeyer and Captain Emilie Jones before a flight with Air Illinois, where they became the first all-female crew of a scheduled flight in the United States. So that’s what we did.”It was December 30, 1977, and that was the first scheduled flight in the United States with an all-female crew – but it was kept a secret. At least, “since nobody died,” Lippenmeyer says, the two were no longer intentionally kept apart and flew together many more times. “My first 747 flight was to London and then my last 787 flight was to London,” she says.

Persons: CNN — Lynn Rippelmeyer’s, “, ”, Rippelmeyer, Bonnie Tiburzi, Emily Warner, Frontier –, Emilie Jones, Lynn Rippelmeyer Rippelmeyer’s, — Emilie, ” Rippelmeyer, ” Lippenmeyer, Lynn Rippelmeyer, Ozark Air Lines —, Carl Hirschberg, we’d, that’s, doesn’t, ” “, I’m, furloughed, wasn’t, didn’t, ” – Organizations: CNN, TWA, Boeing, Piper, American Airlines, Frontier, Air Illinois, Air, Airlines, Ozark Air Lines, World Airlines, TWA –, People Express, People, London Gatwick, Continental, Central America, United Airlines, Continental Airlines, Aviation Locations: Mississippi, Vermont, United States, Miami, Air Illinois, Air, JFK, ”, Newark, London, Polynesia, California, Texas, Houston, Tegucigalpa, Honduras, Central

☆ Why Middle East travel is growing faster ‘than any other region’
▼ + stars: | 2024-05-16 | by ( Rym Bendimerad | ) edition.cnn.com time to read: +6 min

CNN —Last week, travel and tourism industry representatives from more than 150 countries gathered at the annual Arabian Travel Market trade show, held this year in Dubai. There, CNN’s Eleni Giokos spoke with Julia Simpson, president of the World Travel and Tourism Council (WTTC), about trends in tourism in the Middle East, and the challenge of making travel more sustainable. We are here in the Middle East — this is the first time I’ve been to the Arabian Travel Market — but what’s interesting is everyone’s telling me they have never, ever seen it this busy. Simpson: Well, the GCC and Middle East is growing faster than any other region. Visitors and delegates at the Arabian Travel Market.

Persons: CNN’s Eleni Giokos, Julia Simpson, I’ve, Simpson, Saud, you’ve, We’ve, we’ve Organizations: CNN, Travel, Tourism Council, Arabian, GCC, Gulf Cooperation, United, Visitors, Oxford Economics Locations: Dubai, Abu Dhabi, Ras Al, Khaimah, United Arab Emirates, Saudi, Arabia, —, Saudi Arabia, Oman, East, UAE, Gaza, Egypt

☆ Microsoft asks some employees in China to move to other countries
▼ + stars: | 2024-05-16 | by ( Diksha Madhok | ) edition.cnn.com time to read: +2 min

CNN —Microsoft has asked at least 100 of its employees in China to consider moving to other countries, according to Chinese state media reports. Microsoft employees, mostly involved with cloud computing, were recently offered the opportunity to work in the United States, Australia or Ireland, among other countries, state-run outlet The Paper said in a report Wednesday, citing an unnamed source. The Wall Street Journal reported Thursday that Microsoft asked as many as 800 employees — mostly engineers with Chinese nationality working on cloud computing and AI — to consider relocating. In a statement reported by Reuters, Microsoft (MSFT) said providing internal opportunities for some employees was part of its regular business and the company remained committed to China. In recent months, the United States has also enlisted its allies in Europe and Asia in restricting sales of advanced chipmaking equipment to China.

Persons: —, Biden, Joe Biden Organizations: CNN, Microsoft, Street, The, Reuters, Microsoft Research Locations: China, Beijing, Washington, United States, Australia, Ireland, Europe, Asia

☆ U.A.W. Effort to Organize Mercedes Workers in Alabama Has High Stakes
▼ + stars: | 2024-05-16 | by ( Jack Ewing | ) www.nytimes.com time to read: +1 min

More than 5,000 Mercedes-Benz workers in Alabama are voting this week on whether to join the United Automobile Workers union, a decision both supporters and opponents say will have consequences far beyond two factories near Tuscaloosa where the German carmaker churns out luxury sport utility vehicles and batteries for electric cars. Conservative political leaders have portrayed the union campaign to organize Mercedes workers as an assault by outsiders on the region’s economy and way of life. The vote tally is expected to be released by federal officials on Friday. Six Southern governors, including Kay Ivey, an Alabama Republican, issued a statement last month criticizing unions as “special interests looking to come into our state and threaten our jobs and the values we live by.” Alabama recently passed a law intended to discourage union organizing. For the union, a win would add to a string of victories in the South, where organized labor has traditionally been weak, and provide momentum to the U.A.W.’s efforts to win over workers at other nonunion automakers like Hyundai, Toyota, Honda and Tesla.

Persons: Kay Ivey Organizations: Benz, United Automobile Workers, Conservative, Six, Alabama Republican, ”, Hyundai, Toyota, Honda Locations: Alabama, Tuscaloosa, Six Southern, ” Alabama

Stock Chart Icon Stock chart icon The Dow, all-timeThe average was created by Charles Dow in 1896 with just 12 industrial stocks. Paired with the Dow Jones Transportation Average , the two were collectively meant to offer a gauge for the broader economy. The sole caveat: No utility or transportation stocks are included, given the existence of the Dow Jones Utility Average and Transportation Average. 1972: Dow hits 1,000It may be hard to imagine given the recent achievement, but the Dow traded below 1,000 until the early 1970s. The Dow saw its worst year since 2008 in 2022, though 2023's rebound allowed the index to erase those losses.

Persons: Spencer Platt, Dow, Charles Dow, There's, Richard Nixon, Alcoa Esmark, Du Pont, Dow didn't, Walt Disney, Eastman Kodak Merck Alcoa ExxonMobil Phillip Morris, T General Motors Sears, Morgan, Phillip Morris, Walmart Du Pont J.P, Morgan Chase Walt, Donald Trump, General Electric Nike American Express Goldman Sachs, Morgan Chase, Johnson, Joe Biden, Trump, Goldman Sachs, Gamble Amgen, — Organizations: New York Stock Exchange, Getty, Dow Jones, Dow Jones Transportation, P Global, Dow, CNBC, General Foods, Harvester, Chevron, Procter, Gamble, Alcoa, Manville, ExxonMobil, Illinois Glass American Tobacco General Electric Procter, General Foods Sears Roebuck AT, T General Motors Texaco Bethlehem Steel, T General Motors Texaco Bethlehem Steel Goodyear Union Carbide Chevron Honeywell United Technologies Chrysler International Harvester US, Nickel Westinghouse Electric Eastman Kodak International, Woolworth, Oasis, Eastman Kodak Merck Alcoa ExxonMobil, Express General Electric Procter, Gamble AT, T General Motors, T General Motors Sears Roebuck Bethlehem Steel Goodyear Texaco Boeing Honeywell Union Carbide Caterpillar IBM United Technologies Chevron International, Walt Disney, Morgan Chase Westinghouse, Apple, Microsoft, Sears and Union Carbide, Eastman Kodak Johnson, Johnson Alcoa ExxonMobil, American Express General Electric Merck AT, T, Goodyear Procter & Gamble Caterpillar Hewlett, Packard Sears, Chevron Honeywell Union Carbide Citigroup IBM United Technologies, Walmart, Morgan Chase Walt Disney, Visa, Travelers, Nike, General Electric Nike American Express, General Electric Nike American Express Goldman Sachs Pfizer Apple Home Depot Procter, Gamble Boeing IBM Travelers Caterpillar Intel United Technologies Chevron, Morgan Chase UnitedHealth, Cisco Systems Johnson, Johnson Verizon, Cola McDonald’s, Du Pont Merck Walmart ExxonMobil Microsoft Corporation Walt Disney, Exxon Mobil, Walgreens Boots Alliance, Goldman Sachs Nike American Express Home Depot Procter, Gamble Amgen Honeywell, Apple Intel Travelers Cos Boeing IBM, Caterpillar Johnson, Johnson Verizon Chevron, Cisco Systems, Walgreens, Alliance Coca Cola Merck Walmart Dow Microsoft Walt Disney Locations: New York City, T General Motors Texaco Bethlehem Steel Goodyear, America

☆ Incident at TSMC’s Semiconductor Plant in Arizona Injures One
▼ + stars: | 2024-05-16 | by ( Meaghan Tobin | More About Meaghan Tobin | ) www.nytimes.com time to read: +1 min

The driver of a waste disposal truck was rushed to a hospital on Wednesday following an incident at the Phoenix campus of the Taiwanese chip giant Taiwan Semiconductor Manufacturing Company, which is under construction. Local media reported that an explosion had occurred that, the company said in a statement, did not damage the facility. The truck driver is a contractor, and no TSMC employees or construction workers were injured, the statement said. TSMC has long dominated the global chip supply chain from its home base in Taiwan. TSMC over the past four years has committed to build new factories in Japan, Germany and Arizona.

Persons: TSMC, Biden Organizations: Phoenix, Taiwan Semiconductor Manufacturing Company Locations: United States, Taiwan, Beijing, TSMC, Japan, Germany, Arizona

☆ Taiwan, on China’s Doorstep, Is Dealing With TikTok Its Own Way
▼ + stars: | 2024-05-16 | by ( Meaghan Tobin | Amy Chang Chien | ) www.nytimes.com time to read: +1 min

As it is in the United States, TikTok is popular in Taiwan, used by a quarter of the island’s 23 million residents. People post videos of themselves shopping for trendy clothes, dressing up as video game characters and playing pranks on their roommates. Influencers share their choreographed dances and debate whether the sticky rice dumplings are better in Taiwan’s north or south. Taiwanese users of TikTok, which is owned by the Chinese internet giant ByteDance, are also served the kind of pro-China content that the U.S. Congress cited as a reason it passed a law that could result in a ban of TikTok in America. The video was flagged as fake by a fact-checking organization, and TikTok took it down.

Persons: Influencers, Rob Wittman, stoking, TikTok Organizations: U.S, Republican Locations: United States, Taiwan, China, America, Virginia, Taiwan’s

Search resuls for: "United"

25 mentions found