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Search resuls for: "monthslong"


9 mentions found


☆ Faraday Future Secures Financing, Strikes Deal With Shareholder
  + stars: | 2022-09-26 | by ( Will Feuer | ) www.wsj.com   time to read: 1 min
Electric-car startup Faraday Future Intelligent Electric has secured up to $100 million in new financing to fund operations after reaching a deal with one of its largest shareholders to resolve a monthslong governance dispute. The agreement comes after Faraday said last week that its company leaders were facing death threats and a misinformation campaign as they sought to raise money for the production of its first vehicle.
☆ Audits of Chinese Companies Start to Face U.S. Inspections
  + stars: | 2022-09-22 | by ( Michelle Chan | ) www.wsj.com   time to read: 1 min
U.S. regulators have started inspecting China-based audits, kicking off a monthslong process that will determine whether companies from Alibaba Group Holding Ltd. to Yum China Holdings Inc. can remain listed on American stock exchanges. The inspection, which is set to last eight to 10 weeks in Hong Kong, would allow the U.S. audit watchdog to decide by the end of this year whether China is honoring a landmark agreement to give U.S. accounting inspectors full access to audit working papers of New York-listed Chinese companies.
☆ Watch live: U.K. Prime Minister Liz Truss addresses global leaders at the U.N. General Assembly
  + stars: | 2022-09-21 | by ( Amanda Macias | ) www.cnbc.com   time to read: +1 min
British Prime Minister Liz Truss attends the 77th United Nations General Assembly at the United Nations headquarters in New York, September 21, 2022. UNITED NATIONS — U.K. Prime Minister Liz Truss is set to address world leaders on the second day of diplomatic choreography in the iconic green-and-gold draped United Nations General Assembly hall. Earlier in the day, Truss met with U.S. President Joe Biden on the sidelines of the high-level gathering in New York City. The two leaders, who attended the state funeral of Queen Elizabeth II, vowed to continue supporting Ukraine in its era-defining fight against Russia. Earlier on Wednesday, Russian President Vladimir Putin ordered the mobilization of 300,000 troops for its monthslong assault on Ukraine.
☆ Watch live: Ukrainian President Volodymyr Zelenskyy address global leaders at the U.N. General Assembly
  + stars: | 2022-09-21 | by ( ) www.cnbc.com   time to read: +1 min
President of Ukraine Volodymyr Zelenskyy visits the Kharkiv region for the first time since Russia started the attacks against his country on February 24, in Kharkiv region, Ukraine on May 29, 2022. UNITED NATIONS — Ukrainian President Volodymyr Zelenskyy is set to deliver dramatic remarks to world leaders Wednesday, hours after Russia moved to mobilize hundreds of thousands of troops for its monthslong assault on Ukraine. Zelenskyy, who has not left his war-weary nation since Russia invaded in late February, will address world leaders virtually. In his speech, Zelenskyy is expected to urge countries such as China, the world's second-largest economy, to abandon its neutrality. Read CNBC's live blog tracking developments on the war in Ukraine.
☆ How an underground market for used Amazon seller accounts is wreaking havoc
  + stars: | 2022-09-19 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +4 min
Nice :-)Today, we've got an inside look at a niche underground market for used Amazon seller accounts — one where fraudsters are wreaking havoc and raising questions about identity theft. People are being bombarded with return packages from Amazon customers. Insider spoke to six victims whose identities were used by fraudsters selling items like bargain-bin clothing and counterfeit goods. Angry Amazon customers are buying and then returning dodgy products — and in doing so, they're bombarding strangers with monthslong deluges of mystery packages. Inside the underground market for used Amazon seller accounts.
☆ A 'dystopian horror story.' Inside the thriving underground market for used Amazon seller accounts that's causing chaos, identity theft, and distrust in the company's massive online marketplace
  + stars: | 2022-09-19 | by ( Rob Price | Katherine Long | ) www.businessinsider.com   time to read: +16 min
On Telegram and forums like Swapd and PlayerUp, a gray market for secondhand Amazon seller accounts thrives. On public Telegram groups, Amazon account sellers openly advertise their goods and how they've passed Amazon's verification checks. She'd never had an Amazon seller account and sold jewelry directly through her website. Amazon is asleep at the wheel"Amazon is asleep at the wheel," Jason Boyce, a consultant for Amazon sellers, said. AI engineer François Chollet has been plagued by counterfeiters selling fake copies of his books via Amazon accounts with stolen identities.
☆ Spirit Airlines posts loss on surge in costs, expects Florida challenges to continue
  + stars: | 2022-08-09 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +2 min
Spirit Airlines reported a second-quarter loss as strong travel demand and higher fares weren't enough to overcome a surge in costs. Spirit reported results less than two weeks after it announced it agreed to sell itself to JetBlue Airways for $3.8 billion, ending a monthslong bidding war for Spirit between JetBlue and Frontier Airlines. Miramar, Florida-based Spirit posted a net loss of $52.4 million for the three months ended June 30. In the current quarter, Spirit expects pretax margins between negative 1% and positive 1%, citing capacity constraints in Florida. Still, Spirit said it expanded flying almost 10% in the second quarter compared with the same period of 2019.
☆ JetBlue to buy Spirit for $3.8 billion in push to become the fifth-largest US carrier
  + stars: | 2022-07-28 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +3 min
In this article ULCCJBLUSAVEwatch nowJetBlue Airways has reached a $3.8 billion deal to buy Spirit Airlines in a takeover that would create the country's fifth-largest airline and remove a fast-growing budget carrier from the market. Spirit lacked the shareholder support to win approval of the Frontier merger, which was first unveiled in February. If approved by regulators, JetBlue's takeover of Spirit would leave Frontier as the largest discount carrier in the U.S. It would also be the first major U.S. airline deal since 2016, when Alaska Airlines beat out JetBlue for Virgin America. A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022.
☆ The real Volodymyr Zelenskyy. His US film editor reveals the man behind the scenes.
  + stars: | 2022-03-05 | by ( Joshua Zitser | ) www.businessinsider.com   time to read: +7 min
Ukrainian President Volodymyr Zelenskyy has become an international icon amid the Russian invasion of his country. David Dodson, left, and Volodymyr Zelenskyy, right, in Lviv, Ukraine. Maya_MaksimovaDavid Dodson, an American film editor, first met Volodymyr Zelenskyy in New York in 2008. And for Dodson, it was the start of a decadelong working relationship with the future Ukrainian president. David Dodson and Volodymyr Zelenskyy during a rehearsal in Kyiv, Ukraine.
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