Tag: Air Transport

European stocks softer in aftermath of Fed Chair Powell’s comments

European stocks struggled on Friday, following sharp losses for Wall Street after Federal Reserve Chair Jerome Powell indicated the central bank wasn’t ready to stem...

Here’s the main reason Robinhood traders have been able to push stocks higher — and, no, it isn’t by squeezing hedge funds

With the broader stock-market indexes in a bit of a coma this week, the talk of financial markets is still the awakening of retail investors...

Archer Aviation gets a $1 billion order from United Airlines, on the same day it announces a deal to go public

Archer Aviation Inc. said Wednesday that United Airlines Holdings Inc. placed a $1 billion order for its all-electric vertical take-off and landing aircraft (eVTOL), on...

President Biden removes key figure at National Labor Relations Board — union leaders rejoiced

Amid a flurry of first-day orders and actions, President Joe Biden’s administration showed the door to a top-ranking lawyer at a labor agency meant to...

Dow trades to records but retreats in first full day of Biden presidency

U.S. stock benchmarks turned south Thursday morning, after initially extending the rally to fresh records, as investors pondered President Biden’s prospects for combating the COVID-19...

The COVID-19 earnings recession is expected to remain, but an end may be in sight

After the holiday quarter last year snapped an earnings recession, the same is not expected this year — but it isn’t impossible, and may happen...

U.S. stocks close lower for the week after release of big bank quarterly results, Biden aid plan

U.S. stock benchmarks closed the week on a down note Friday, with the three major indexes registering their largest one week drop since October 30,...

Boeing to pay $2.5 billion to settle U.S. fraud charges over 737 Max

Boeing Co. has agreed to pay more than $2.5 billion in penalties, including nearly $1.8 billion in compensation for airlines, to resolve charges of misleading...

Bans on U.K. travelers begin in some parts of Europe, amid highly infectious COVID-19 strain

News of a far more contagious strain of the coronavirus in the U.K. has prompted several European countries to halt flights and trains from that...

‘Hold the champagne’ on China’s updated climate-change target — guide markers still don’t guarantee net zero emissions by 2060

Chinese President Xi Jinping on Saturday pledged to cut the nation’s carbon emissions per unit of economic output by over 65% by 2030 and boost...

Five investing rules from a money manager who crushes the stock market — and his take on the best companies to own now

One of the great things about writing for MarketWatch is that I regularly get to interview smart people about the stock market to learn key...

The perils of transporting millions of COVID-19 vaccines with dry ice across the U.S.

When you order a gift from Amazon AMZN, -2.30% the process of getting the item you purchased to your doorstep is fairly straightforward. But transporting...

Will November’s ‘disappointing’ jobs report bolster the case for a second round of stimulus checks?

Retail jobs last month fell by 35,000, a reflection of “less seasonal hiring in several retail industries,” according to the Bureau of Labor Statistics’ Friday...

No vaccine, no entry? Will bars and restaurants turn away Brits without COVID-19 jab?

Getting vaccinated in the U.K. will be voluntary, but some venues may want proof. daniel leal-olivas/Agence France-Presse/Getty Images Restaurants, cinemas and even sporting venues may...

Delta and Alitalia to launch the first ‘quarantine-free’ flights from the U.S. to Europe

The air corridor operated by Delta and Alitalia will start next month. Daniel Slim/Agence France-Presse/Getty Images Delta Air Lines and Alitalia will soon operate flights...

U.K. blue chips inch higher as AstraZeneca reports vaccine effectiveness

Waves break over a wall separating the marine lake from the sea at New Brighton in northwest England on Nov. 16, 2020, as high tide...

European stocks and U.S. equity futures inch higher as worries simmer over rising COVID-19 cases

A pedestrian wearing a face mask or covering due to the COVID-19 pandemic, walks past a Christmas-themed window display on Oxford Street in central London,...

A strong year-end rally lies ahead. It’s time to ‘rotate within the tech sector’ — away from FAANG stocks, strategist says

It may be time to rotate away from the ‘megacap’ tech names, Millet Tabak says. damien meyer/Agence France-Presse/Getty Images A strong year-end rally lies ahead...

Dow, S&P 500 surge by at least 3% to records early Monday on coronavirus vaccine report

U.S. stocks soared in early trading Monday, sending major equity benchmarks to record highs after Germany-based BioNTech SE and Pfizer Inc. said their COVID-19 vaccine...

Businesses warn of hit to profits as second U.K. lockdown deals ‘devastating blow’

A series of U.K. companies across the airline, retail and hospitality sectors warned of a hit to profits on Monday, as they raced to count...

From a Kansas cattle rancher to a Florida day trader, voters tell MarketWatch the money worries behind their choice for president

Every voter has a story, and these are the economic backstories and money motivations of some of the people who are voting for President Donald...

Spain’s weary population may be a test for how many COVID-19 restrictions a population can take, says prominent epidemiologist

With not much left in its coronavirus arsenal, Spain has put its 47 million citizens under a nationwide curfew, a move that experts hope will...

Heathrow offers rapid one-hour COVID-19 tests. It isn’t cheap

Facilities in Heathrow terminals 2 and 5 will offer rapid pre-departure coronavirus tests to passengers traveling to Hong Kong and Italy. daniel leal-olivas/Agence France-Presse/Getty Images...

European stocks lower and U.S. equity futures stabilize amid earnings, pandemic worries

A street sign advises members of the public to “Maintain Social Distance” in Liverpool, north west England on October 12, 2020, as new local lockdown...

Champagne and noodles — travel-bereft passengers pay top dollar to dine out in grounded planes

Travelers who miss the experience of flying can have a Singapore Airlines’ first class meal and tableware delivered to their home — all for $652....