Tag: Breaking News: Business

Airspace closures on 14 th April throughout the Middle East ground, divert flights as Iran launches drone attack on Israel

ichitra.digital

Airspace closures in the Middle East on April 14th, 2024, disrupted flight operations as Iran launched drone strikes towards Israel. Multiple airlines, including United Airlines, Delta, American Airlines, Emirates, Air France, British Airways, and Lufthansa, responded by canceling or diverting flights to ensure passenger safety. The closures and flight disruptions underscored the tense situation in the region and the impact on air travel. [ad_1] Flightradar24 over the Middle East on April 14th, 2024 after Iran launched drone strikes towards Israel. Source: Flightradar24 Airspace closures through the Middle East grounded and…

Why Hawaii is becoming a leader in U.S. EV adoption

ichitra.digital

[ad_1] Customers admire a Tesla Model 3 electric vehicle at a Tesla store in Honolulu, Hawaii.  Alex Tai | SOPA Images | Lightrocket | Getty Images U.S. consumers have been making the move to all-electric vehicles more slowly than many expected — but a growing leader in EV adoption is Hawaii. The tropical island state this year ranks fifth in overall EV adoption at 11.9% of new retail vehicles sold through February, according to J.D. Power. Hawaii also ranks third – behind only California (46.1) and Washington (37) – in…

Spirit Airlines will defer Airbus orders, furlough 260 pilots in race to shore up liquidity

ichitra.digital

[ad_1] A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas.  Brandon Bell | Getty Images Spirit Airlines said Monday that it will defer deliveries of new Airbus planes and furlough about 260 pilots as it tries to boost liquidity. “Of course, these steps aren’t ones we want to take but they’re necessary to ensure a strong and profitable future for Spirit,” CEO Ted Christie said in a note to staff Monday. Spirit said it will defer all…

Boeing engine part fell off during Southwest flight takeoff, FAA says

ichitra.digital

[ad_1] A Southwest Airlines Boeing 737 MAX 8 arrives at Daniel K. Inouye International Airport on January 20, 2024 in Honolulu, Hawaii.  Kevin Carter | Getty Images A Southwest Airlines flight returned to Denver International Airport Sunday morning after a Boeing engine cowling fell off the plane and struck a wing flap during takeoff, the Federal Aviation Administration said. The Boeing 737-800 plane was on its way to Houston’s William P. Hobby Airport. Southwest said customers on the flight transferred to a different aircraft and were scheduled to arrive at…

Gatorade enters new categories — even unflavored water — as competition to hydrate consumers ramps up

ichitra.digital

[ad_1] As Gatorade approaches its 60th birthday, the brand is staying spry, branching out into new categories from unflavored water to energy drink mixes. Since its founding in 1965, Gatorade has been the dominant sports drink. It accounted for 63.5% of the U.S. sports drink market in 2023, according to Euromonitor International data. Owner PepsiCo’s archrival Coca-Cola takes the second and third slots with Powerade, a perennial No. 2 choice to Gatorade, and Bodyarmor, a newer addition to its portfolio. But combined, Coke’s two brands account for only about a…

Boeing CEO Calhoun took home $5 million last year, compensation package hit by Max crisis

ichitra.digital

[ad_1] Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024. Jim Watson | AFP | Getty Images Outgoing Boeing CEO Dave Calhoun’s take-home pay fell to $5 million last year after declining a bonus, compared with $7 million in 2022, and his latest compensation package is taking a hit from the prolonged safety crisis surrounding the company’s best-selling jetliner, the 737 Max. Calhoun’s total compensation last year rose 45% to $32.8 million, up from $22.6…

Disney beat back activist investor Nelson Peltz. Now the real work begins

ichitra.digital

[ad_1] Bob Iger, CEO, Disney at the Allen & Company Sun Valley Conference on July 11, 2023 in Sun Valley, Idaho David A. Grogan | CNBC Disney shareholders overwhelmingly voted to keep the company’s current board intact during Wednesday’s annual meeting, suggesting they believe current CEO Bob Iger has a plan to boost shares and install a strong successor. Now, Iger will have to prove it, or he risks facing yet another activist campaign this time next year. Iger can show progress in a number of areas over the next…

‘I am so scared of them now’: Burned from overspending, some ‘buy now, pay later’ users warn others away

ichitra.digital

[ad_1] Many consumers find buying now and paying later a godsend when cash is tight. Others are wishing they’d paid upfront to avoid pain later. Tia Whiteside, 27, knew she was spending more than she would have without buy now, pay later services — the popular loans that let borrowers split purchases into installments with little or no interest. Planning a day trip to the beach with her 2-year-old son last year, she spent $800 on Amazon purchases including a tent, new outfits and a high-end sandcastle kit with the…

Best Buy offers to screen LGBTQ nonprofit donations after conservative pressure, filing shows

ichitra.digital

[ad_1] Best Buy offered to screen donations from its employee resource groups going to LGBTQ causes following pressure from a conservative think tank that holds shares in the company, according to a Securities and Exchange Commission filing made public this week. The SEC filing contains a months-long email exchange between the National Center for Public Policy Research, which describes itself as a “nonpartisan, free-market conservative think tank,” and Best Buy. The dialogue, which hasn’t been previously reported, shows how the center said it would make “a splash” unless the consumer electronics giant moved…

Nightmare: Baltimore Bridge Collapse Sparks Desperate Search for 6 Victims

ichitra.digital

[ad_1] A major Baltimore bridge collapsed early Tuesday after it was hit by a large container ship. Six people were missing after the collision at the Francis Scott Key Baltimore  Bridge, according to Paul Wiedefeld, Maryland’s transportation secretary. Two people were rescued, with one transported to a trauma center in serious condition. The missing people may have fallen into the water. The Baltimore  bridge carries Interstate 695 across the Patapsco River, southeast of the Baltimore metropolitan area. The crash by the large container ship occurred around 1:30 a.m. ET,  when…