Month: March 2022

How a 28-Year-Old Entrepreneur Paid Off Debt in 18-Months

Do you ever wish there was a silver bullet to paying off your student loans faster? Paid off debt makes you feel free and changes your perspective about what you can achieve. As millennials, we’re a generation hell-bent on pursuing our dreams with a YOLO mentality. Meanwhile, our paychecks disappear into monthly bills, loan payments…


No Current Talks With Tesla About Potential Union Vote: UAW President

United Auto Workers (UAW) President Ray Curry said on Tuesday he has had no discussions with Tesla or its Chief Executive Elon Musk about a potential union vote by workers at the electric-car maker’s California factory. On March 3, Musk tweeted that he was inviting the “UAW to hold a union vote at their convenience….


Amazon Gets Rare ‘Underperform’ Rating on Risks From Higher Expenses, Inflation

Amazon.com Inc received a rare “underperform” rating from BNP Paribas Exane on Wednesday, with the French brokerage saying the e-commerce giant faces a bumpy ride ahead due to surging inflation and higher expenses. Analyst Stefan Slowinski said investments during the COVID-19 pandemic to build fulfillment centers for faster deliveries and employee bonuses to keep its warehouses…


Amazon to Double Cashback Rewards on Fuel Purchases as Fuel Prices Rise

Amazon.com Inc is launching a program to double cashback rewards on fuel purchases to up to 12 percent for Amazon Flex debit cardholders, to help Flex delivery partners amid a rise in fuel prices. Amazon Flex, which works like on-demand ride-hailing service Uber, handles speedy deliveries of common household goods to customers through programs like…


BOJ Stands Its Ground on Benchmark Yield as Global Rates Pressure Builds

TOKYO—Japan’s central bank stepped up efforts on Wednesday to keep a key bond yield below a red line, offering to buy more government debt, including through ad-hoc purchases, to hold down interest rates against a pull higher by global yields. The intervention comes as the Bank of Japan (BOJ) seeks to keep monetary policy ultra-loose,…


Lessor BOC Aviation Repossesses 747-8 Cargo Plane From Russian Operator

A Boeing 747-8 freighter leased to Russia’s AirBridgeCargo has flown to California from Hong Kong, according to FlightRadar24, after a U.S. judge signed an order allowing lessor BOC Aviation Ltd. to repossess it. The order was unsealed and made public on Tuesday, court documents showed and the aircraft arrived in the United States on March…


Woods’ Return at Masters Would Be ‘Phenomenal,’ Says McIlroy

Rory McIlroy said on Wednesday it would be “phenomenal” to have Tiger Woods return to competition at next week’s Masters, adding that the game of golf is better whenever the 15-times major champion is playing. McIlroy, speaking to reporters at TPC San Antonio ahead of this week’s Valero Texas Open, was asked what Woods’ potential…


Florida Reaches $878 Million Opioid Settlements With CVS, Teva, Others

Florida has reached more than $878 million in settlements with CVS Health Corp and three drug companies to resolve claims and avert a trial next month over their roles in fueling an opioid epidemic in the third most populous U.S. state. CVS will pay $484 million, Teva Pharmaceutical Industries Ltd will pay $194.8 million, Abbvie…


US CDC Eliminates Warnings Against Cruise Travel

The U.S. Centers for Disease Control and Prevention (CDC) on Wednesday dropped its warnings against cruise travel. The U.S. Centers for Disease Control and Prevention (CDC) on Wednesday removed its COVID-19 notice against cruise travel, around two years after introducing a warning scale showing the level of coronavirus transmission risk on cruise ships. The move…


Russia Repositioning ‘Small Percentage’ of Troops From Kyiv: Pentagon

The Pentagon said Wednesday that it believes Russia has started to reposition a “small percentage” of its troops that had been arrayed against Ukraine’s capital Kyiv, but that none of them appear to be returning home. Pentagon press secretary John Kirby issued an update after Russia announced Tuesday it will significantly scale back military operations…