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☆ Why Southwest is melting down
▼ + stars: | 2022-12-27 | by ( David Goldman | ) edition.cnn.com time to read: +6 min

By Monday, air travel was more or less back to normal – unless you booked your holiday travel with Southwest Airlines. More than 90% of Tuesday’s US flight cancellations are Southwest, according to flight tracking website FlightAware. Southwest warned that it would continue canceling flights until it could get its operations back on track. Similar to this month’s service mayhem, Southwest fared far worse than its competitors last October. While Southwest canceled hundreds of flights in the days following the peak of October’s disruption, competitors quickly returned to normal service.

☆ UPS and FedEx delays continue as winter weather pounds America
▼ + stars: | 2022-12-26 | by ( David Goldman | ) edition.cnn.com time to read: 1 min

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☆ Six battleground states will hold the key to the White House in 2024
▼ + stars: | 2022-12-24 | by ( John L. Dorman | ) www.businessinsider.com time to read: +12 min

AP Photo/Andrew HarnikGeorgia2012 margin: Romney +7.8%2016 margin: Trump +5.1%2020 margin: Biden +0.2%For decades, Republicans could easily depend on the Peach State's electoral votes falling into their column. Two years later, Biden won the state by roughly 12,000 votes over Trump, followed by the dual 2021 runoff victories of Sens. AP Photo/Matt RourkePennsylvania2012 margin: Obama +5.4%2016 margin: Trump +0.7%2020 margin: Biden +1.2%Biden's hometown of Scranton is dear to his heart so Pennsylvania was always going to be a key state for the party in 2024. AP Photo/Andy Manis, FileWisconsin2012 margin: Obama +6.9%2016 margin: Trump +0.8%2020 margin: Biden +0.6%Wisconsin is one of the most politically-divided states in the country. But Trump flipped Wisconsin to the GOP in 2016, the first time it had supported a Republican presidential nominee since 1984.

☆ The tech we couldn’t live without in 2022
▼ + stars: | 2022-12-23 | by ( Cnn Staff | ) edition.cnn.com time to read: +8 min

CNN —Bone conduction headphones, TV streaming devices and Bluetooth speakers are among the tech gadgets topping holiday wish lists this year. Other notable products – ahem, the new 14 Pro and 14 Pro Max – are near impossible to find. Since my move to New York, I’ve had to find all new favorite spots for good food and drinks. – Victor Blackwell, co-anchor of CNN NewsroomHBO MaxNow that I commute home at the ungodly hour of 1 a.m., I lean heavily on my HBO Max app (starts at $9.99 a month). – Samantha Kelly, CNN senior tech writerRev.comI remember being an intern over a decade ago logging half hour long interviews for producers.

☆ Trump paid no federal income tax in his last year as president
▼ + stars: | 2022-12-21 | by ( David Goldman | ) edition.cnn.com time to read: 1 min

☆ TikTok executive refuses Jake Tapper’s multiple requests to acknowledge China’s Uyghur genocide
▼ + stars: | 2022-12-20 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

Critics argue China’s national security laws could force TikTok — or its parent, ByteDance — to hand over the personal data of customers in the United States. “I’m just not an expert on what’s happening in China,” Beckerman said. He again refused to acknowledge it, saying only that China is among many bad actors around the world. “Look, I think there are many human rights violations that are happening in China and around the world,” Beckerman said. I’m not here to be the expert on human rights violations around the world.”A TikTok spokesperson was not immediately available for comment.

☆ Elon Musk says he will step down as Twitter CEO if voted out by a poll he tweeted
▼ + stars: | 2022-12-18 | by ( David Goldman | ) edition.cnn.com time to read: +2 min

Elon Musk tweeted a poll Sunday evening asking people to vote on whether he should step down as Twitter’s CEO. “As the saying goes, be careful what you wish, as you might get it,” Musk tweeted. A brief and incomplete recap:- Musk immediately laid off several top executives and laid off about half of Twitter’s staff. Replying to a tweet Sunday, in which MIT artificial intelligence researcher Lex Fridman said he would take the CEO job, Musk hinted he hasn’t been completely happy with his new gig. There is no successor,” Musk tweeted.

☆ Dow and S&P 500 updates: Stock market news
▼ + stars: | 2022-12-16 | by ( David Goldman | ) edition.cnn.com time to read: +2 min

New York CNN —The good vibes on Wall Street are fading fast: US stocks tumbled yet again Friday as investors come to grips with a souring economy. S&P 500 futures fell 1.4%, and Nasdaq Composite futures were 1.1% lower. CNN Business’ Fear and Greed Index, a measure of market sentiment, dipped perilously close to “Fear” Friday. Stocks had been riding high this month on weaker-than-expected inflation and a number of stronger-than-expected reports on the broad economy and the job market. The S&P 500 lost 2.5% and the Nasdaq tumbled 3.2%, their worst days in a month.

☆ Massive changes could be coming to the way the stock market functions
▼ + stars: | 2022-12-15 | by ( David Goldman | ) edition.cnn.com time to read: +3 min

New York CNN —Wall Street’s top cop has voted in favor of major changes to the way millions of everyday investors buy and sell stocks. The Securities and Exchange Commission Wednesday proposed a rule that it says would add competition to an unseen — but potentially costly — part of the stock trading system for retail investors. Payment for order flow has come under intense scrutiny by regulators following the fallout from the January 2021 run-up in meme stocks like GameStop. “Today’s markets are not as fair and competitive as possible for individual investors — everyday retail investors,” Gensler said. “Thus, today’s proposal is designed to bring greater competition in the marketplace for retail market orders.”– CNN’s Allison Morrow contributed to this report

☆ Inflation cooling is good economic news. It might not feel like it
▼ + stars: | 2022-12-14 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

Stocks, which had risen on the “inflation is cooling” news Tuesday, were down Wednesday on the “Fed is not convinced” development. GOP leader Kevin McCarthy is trying to find the votes to become speaker, and adding a spending fight to his plate would get messy quickly. But the spending fight loomsNone of the disagreements over spending are going away. Inflation moved the electionThe difference between 7.1% month-over-month inflation and 7.7% inflation in October may not feel like much on the micro level to Americans who are paying 49% more for eggs this year than they were last year. “In the coming decade, they’re going to be fighting hard to get inflation down.”In the meantime, cooling inflation might be praised by policymakers, but it could rub everyone else the wrong way, especially if an economic slowdown starts to feel like a recession.

☆ Congress wants to grill Live Nation’s CEO over the Taylor Swift Ticketmaster fiasco
▼ + stars: | 2022-12-06 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

It also wants answers about how Ticketmaster plans to improve in the future. Swift’s Eras tour kicks off March 17 and will have 52 concerts in multiple stadiums across the United States over five months. In its letter to Rapino, the committee also said it wants information about the fees Ticketmaster charges customers. Rapino and Live Nation have caught the ire of Congress before. Senator Amy Klobuchar criticized Ticketmaster in an open letter Rapino in the days following the ticket snafu, saying she has “serious concerns” about the company’s operations.

☆ Midterm elections live updates: Pennsylvania races, New Hampshire Senate race too early to call
▼ + stars: | 2022-11-09 | by ( Brandy Zadrozny | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | ) www.nbcnews.com time to read: +109 min

Share this -Link copiedWisconsin Senate and governor's races too early to call It is too early to call the Senate and gubernatorial races in Wisconsin, according to NBC News. Share this -Link copiedNew Hampshire Senate race too early to call The Senate race in New Hampshire is too early to call, according to NBC News. Share this -Link copiedPennsylvania Senate and governor races are too early to call After polls closed at 8 p.m. While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. According to the poll, 46% of voters said their family’s financial situation is worse than it was two years ago. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

By the end of Election Day, approximately 21,000 total interviews will be conducted. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said. Share this -Link copiedSunny weather in most battleground states on Election Day It’s a bright and sunny Election Day in many battleground states!

How the midterm election outcome could impact Biden's agenda Nov. 8, 2022 02:02 Read the full story here. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said. Share this -Link copiedSunny weather in most battleground states on Election Day It’s a bright and sunny Election Day in many battleground states!

“We implore voters and members of the media to allow election officials to do their work.” The process is painstaking. In New Hanover, students allegedly were harassed while walking to class from a voting site, and an observer allegedly “angrily” confronted an election official, the board reported. “There are 8,800 election jurisdictions and we see issues pop up every election day,” the official said, citing low-level cyberattacks against election websites or accidental website outages as potential examples. Share this -Link copiedSunny weather in most battleground states on Election Day It’s a bright and sunny Election Day in many battleground states! Karamo sued Detroit City Clerk Janice Winfrey last week to toss absentee ballots unless voters present identification, alleging election law violations regarding the counting of the ballots.

☆ Comac’s C919, Challenger to Boeing and Airbus, Debuts at China Airshow
▼ + stars: | 2022-11-08 | by ( Wall Street Journal | ) www.wsj.com time to read: 1 min

Midterm Elections Are Different This Year. Here’s Why The contentious 2020 presidential election made a lasting impact on the way Americans vote. Here’s a look at what’s different for the midterms—from new voting regulations and methods to poll watchers and voter turnouts—and what sparked these changes. Photo: David Goldman/Associated Press

Both have highlighted policies that limit health care access in Georgia, such as its new six-week abortion ban and a decision by Republican Gov. Georgians have witnessed health services dwindle before and during the pandemic, straining the state’s medical system even as regional health care costs rise. Nearly half of Georgia’s 159 counties have no OB-GYN, according to the Georgia Board of Health Care Workforce. Some see the shutdowns as exacerbating racial disparities in health care access in Atlanta, where a 2018 Trulia analysis found 25.3 health care providers per 10,000 residents in the city’s majority-white census tracts, compared with 9.8 in majority-Black tracts. “I’m looking at somebody that is going to be for the community,” she says, “that’s going to help us with the health care — bring it closer to us.”

☆ Housing is on the verge of a correction and Americans are feeling less and less upbeat about the economy
▼ + stars: | 2022-10-26 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

And no wonder — the economy is giving Americans less and less reason for optimism. The US housing market isn't just slowing down, it's in the early stages of a major correction. According to the latest consumer confidence report, Americans are feeling downbeat across the board. In Franco's words: "The Expectations Index is still lingering below a reading of 80 — a level associated with recession — suggesting recession risks appear to be rising." Here are the latest market moves.

☆ The Great Northeast Wind Bailout
▼ + stars: | 2022-10-17 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

The five turbines of America's first offshore wind farm, owned by the Danish company, Orsted, stand off the coast of Block Island, R.I., Oct. 17, 2022. Photo: David Goldman/Associated PressIf only the hot air blowing at the United Nations’ Climate Ambition Summit this week could be used to generate electric power. That would be especially convenient since Governors in the Northeast are lobbying the White House to bail out their states’ offshore wind projects, which have hit a gale of ballooning costs.

Persons: David Goldman Organizations: Associated, United Nations Locations: Danish, Block

CNN —A former executive at Donald Trump’s media company claims the former President retaliated against a board member who refused to give Melania Trump shares of the company, according to a report from The Washington Post. Wilkerson told the Post that Litinsky believes his ouster was retribution for his failure to cede his shares to Melania Trump. Wilkerson told the Post that Trump refused to put any of his own money into the company despite demanding to own 90% of its shares. A liquidation would have also threatened the additional $1 billion the Trump media company has raised. Digital World shares fell 8% on Monday to $16.11, leaving them down nearly 70% so far this year.

☆ Dow tumbles 400 points and breaks below 30,000 as recession fears mount
▼ + stars: | 2022-09-23 | by ( David Goldman | ) edition.cnn.com time to read: +1 min

New York CNN Business —US stocks fell sharply Friday morning, as investors continued to worry about even more rate hikes from the Federal Reserve that could land the US economy in a recession. The Dow (INDU) tumbled 413 points, or 1.4%, in morning trading. The Dow remained below 30,000 points, a level it briefly breached Thursday. If the Dow ends the day below 30,000, it would be the first time it closed below that barrier since June 17. The 10-year yield fell back a bit Friday but remains near 3.7%, and the 2-year yield is above 4.1%.

☆ Dow set to tumble below 30,000 points as recession fears mount
▼ + stars: | 2022-09-23 | by ( David Goldman | Cnn Business | ) edition.cnn.com time to read: +1 min

New York (CNN Business) US stock futures were set to fall sharply as investors continued to worry about even more rate hikes from the Federal Reserve that could land the US economy in a recession. Dow INDU S&P 500 SPX Nasdaq COMP futures were down 400 points, or 1.2%.futures fell 1.3% andfutures were 1.4% lower. That puts the Dow on track to open below 30,000 points, a level it briefly breached Thursday. It the Dow ends the day below 30,000, it would be the first time it closed below that barrier since June 17. The 10-year yield fell back a bit Friday but remains near 3.7%, and the 2-year yield is above 4.1%.

☆ Boeing agrees to pay $200 million for misleading the public about the 737 Max
▼ + stars: | 2022-09-22 | by ( David Goldman | ) edition.cnn.com time to read: +2 min

The SEC alleges that, following an October 2018 crash of a Lion Air 737 Max jet that killed 189 people, Boeing and Muilenburg knew that part of the plane’s flight control system posed an ongoing safety concern yet told the public that the 737 Max was safe to fly. After a March 10, 2019 fatal 737 Max crash, the SEC alleges that Boeing and Muilenburg knowingly misled the public about “slips” and “gaps” in the certification process of that flight control system. Boeing agreed to pay a $200 million settlement, and Muilenburg agreed to pay $1 million. The fines, though large, pale in comparison to the financial hit Boeing has taken over the years because of the 737 Max. Shares of Boeing (BA) fell more than 3% Thursday but rose slightly in afterhours trading following the SEC’s announcement.

☆ SpaceX says FCC's 'grossly unfair' rejection of $886 million Starlink subsidy leaves many Americans stranded on the wrong side of the digital divide
▼ + stars: | 2022-09-12 | by ( Kate Duffy | ) www.businessinsider.com time to read: +2 min

SpaceX said the FCC's rejection of an $886 million Starlink subsidy was "unreasonable" and "unfair." It leaves Americans stranded on the wrong side of the digital divide, SpaceX said in a filing. Turning down a subsidy for Starlink internet leaves many Americans "stranded indefinitely on the wrong side of the digital divide," Goldman said. He said the rejection of SpaceX's application for the subsidy was "erroneous and unreasonable," as well as "contrary to the evidence" and "grossly unfair." The FCC and SpaceX didn't immediately respond to Insider's request for comment made outside of normal working hours.

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