The price of Coinbases junk bonds are tanking amid an underwhelming performance in Q1 and fears over what could happen in the event of a bankruptcy. According to bond trading data from Trace Bonds,… [+3327 chars]
U.S. airline bookings dropped 17% last month from March, according to a report from Adobe published Thursday, one of the first signs of cooling demand for air travel as ticket prices surpass pre-pand… [+639 chars]
A federal investigation into whether China is getting around tariffs on solar panels has Colorado’s expanding solar energy industry warning of layoffs, soaring prices and lights out for new projects.… [+5917 chars]
Airbnb is introducing a new feature that lets people split longer stays across houses after finding that its customers have been taking longer trips since largely forgoing travel during the pandemic.… [+1746 chars]
Pickle lovers, rejoice Picklesburgh is back in downtown Pittsburgh this year! The Pittsburgh Downtown Partnership announced Thursday that the event will be from July 15 to 17. Check out Picklesbur… [+1064 chars]
Netflix is advising its employees to be fiscally responsible, while facing a loss of subscribers that has sparked fears about the viability of streaming services. The employee directive comes in an… [+1833 chars]
Coach owner Tapestry shares climbed nearly 16% Thursday after the retailer said it's expecting lockdowns in Shanghai will be lifted at the beginning of June, followed by gradual improvements thereaft… [+2601 chars]
Key Takeaways <ul><li>The Senate has approved Jerome Powell to serve another four-year term as Fed chairman.</li><li>Congress mandates that the Federal Reserve maintain price stability and full empl… [+2213 chars]
WASHINGTON, May 12 (Reuters) - Mercedes-Benz's (MBGn.DE) U.S. unit said on Thursday it is recalling 292,000 ML, GL and R-Class vehicles from the 2006 through 2012 model years over braking issues and … [+1487 chars]
LAS VEGAS —The Cosmopolitan of Las Vegas surprised its more than 5,000 employees on Wednesday with a one-time $5,000 bonus. The resort said it gave an "unprecedented" $27 million to its workers duri… [+1815 chars]
The owner of a key baby formula manufacturing plant said Wednesday it is looking to restart its plant in as little as two weeks but said it would take between six to eight weeks to get formula produc… [+2009 chars]
Earlier this year, Apple Inc. looked like it was on its way to becoming the first $3 trillion company. Today, its no longer the most valuable company in the world. As of Wednesdays close, Saudi Arab… [+248 chars]
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