Biden tests positive for Covid again, will restart isolation despite no new symptoms

U.S. President Joe Biden speaks to the media as he arrives at Joint Base Andrews, Maryland, U.S. July 20, 2022.  Jonathan Ernst | Reuters President Joe Biden on Saturday tested positive for Covid-19 once again after consecutive days of testing negative for the virus, his physician said. Biden, 79, is experiencing no new symptoms and…

Etsy shares pop as company beats on top and bottom lines

In this article ETSY Josh Silverman, CEO of Etsy Adam Jeffery | CNBC Etsy shares jumped more than 8% in after-hours trading on Wednesday after the company’s second quarter earnings beat on top and bottom lines. Here’s how the company did: Earnings per share: $0.51 vs. $0.31 estimated, according to Refinitiv Revenue: $585 million vs….

Space company Masten files for bankruptcy after struggle with NASA moon contract

Masten Space Systems’ Xombie© lander completes a flight test at the Mojave Spaceport in 2019. NASA/Lauren Hughes Lunar-focused company Masten Space Systems filed for Chapter 11 bankruptcy protection on Thursday, with the venture winnowed down to a handful of people after layoffs and furloughs. The space company declared as its debts ballooned, tracing back to…

Amazon jumps on revenue beat and rosy guidance for third quarter

In this article AMZN Amazon shares climbed more than 13% in extended trading on Thursday after the company reported better-than-expected second-quarter revenue and gave an optimistic outlook. Here’s how the company did: EPS: Loss of 20 cents Revenue: $121.23 billion vs. $119.09 billion expected, according to Refinitiv Here’s how other key Amazon segments did during the…

Stocks making the biggest moves in the premarket: Stanley Black & Decker, Southwest Airlines, Harley-Davidson and more

Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit shares rose 3.9% in premarket trading after it agreed to be acquired by JetBlue (JBLU) for $33.50 per share in cash. That follows yesterday’s rejection by shareholders of Spirit’s previous deal to merge with Frontier Airlines parent Frontier…

From legroom to airfare: How JetBlue’s takeover of Spirit could change air travel

In this article JBLU SAVE Passengers wait in line at the Spirit Airlines check-in counter at Orlando International Airport. Paul Hennessy | LightRocket | Getty Images Spirit Airlines relented this week and agreed to sell itself to JetBlue Airways for $3.8 billion, hours after breaking off a merger agreement with Frontier Airlines that failed to…

Apple beats on revenue and profit, expects growth to accelerate despite ‘pockets of softness’

In this article AAPL Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations for sales and profit but showed slowing growth for the iPhone maker.   Apple stock rose over 3% in extended trading. Here are the key numbers compared to what Wall Street was expecting, per Refinitiv estimates:   EPS: $1.20…

China signals no big stimulus is coming, while Covid controls remain

A worker in a protective suit cleans the floor at a subway station, after the lockdown placed to curb the coronavirus disease (COVID-19) outbreak was lifted in Shanghai, China June 2, 2022.  Aly Song | Reuters BEIJING — China’s top leaders signaled Thursday that no big stimulus for economic growth was on the way, and…

New Zealand had one of the world’s strictest Covid lockdowns. Now its borders are fully reopening

After more than two years, New Zealand is fully reopening its borders and welcoming back all international travelers. The country is reopening on July 31, some three months earlier than previously announced. Earlier this year, New Zealand’s borders were opened to Australians and citizens of 60 places that do not need visas to enter, including…

Here’s how ABLE accounts, special needs trusts differ … and how they can work together

Because of astronomical costs of care and support — often more than $100,000 per year — most individuals with disabilities will need government assistance such as Supplemental Security Income and Medicaid. However, they must shelter their assets carefully to not be disqualified from these programs. That’s where special needs trusts and ABLE accounts come in….

Are you worried about landing that first job out of college? Here’s a look at the ‘most employable’ degrees

Getting a job after graduation isn’t a given. While the labor market is strong and college grads are still more employable — and earn more — than their high-school counterparts, the choice of major, and degree, goes a long way toward determining how hirable you will be. A bachelor’s degree in mathematics gives students the…