An international coalition of aviation and medical professionals from countries like the United States, United Kingdom, France, and Switzerland have published a statement raising serious concerns about the compromise in aviation safety due to COVID-19 vaccine injuries among the flight crew. Advocacy groups, scientists, and doctors are receiving reports of COVID-19 vaccine-injured airline pilots on…
Aviation Associations Highlight Concerns of COVID-19 Vaccine Injuries Among Pilots and Cabin Crew
May 19, 2022
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adverse reactions to covid vaccinesAMERICAaviation industryBusiness & EconomyCCP VirusCompaniespilot shortagesPolicies & ImpactsUSUS NewsVaccines & Safety
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EU: Nearly 270 Cases of Chocolate Eggs Salmonella Outbreak
STOCKHOLM—European health officials say that 266 confirmed cases and 58 suspected cases of an outbreak of salmonella infection linked to chocolate Easter eggs have now been reported throughout Europe and in North America, the vast majority in children. The European Center for Disease Prevention and Control said that 86.3 percent of the cases were among children…
White House Makes Admission About Stock Market
May 19, 2022
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Business & Economyeconomic policieseconomyExecutive BranchinflationKarine Jean-PierreMarketsPoliticsUSWhite House
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White House press secretary Karine Jean-Pierre said the Biden administration is not monitoring the stock market on a regular basis as the Dow Jones Industrial Average plunged 1,100 points Wednesday. Speaking to reporters, Jean-Pierre said Wednesday that “nothing has changed on how we see the stock market,” which is “not something we keep an eye on…
China Is Weaker in Demand Than Supply
May 19, 2022
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AnalysisBusiness & EconomyBusiness ColumnistsChinachina stagflationemerging marketsFederal ReserveHK BusinessHong KongOpinion
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Commentary None of the latest data released from China were good. Inflation was higher than expected while all other quantity growth rates were lower than expected or declining, arousing the worry of stagflation. Stagflation is by definition a higher price (growth) with a lower quantity (growth), and is highly likely a result of a leftward…
This Twitter-Suspended Crypto Developer’s Blockchain Social Network Claims to Handle Elon Musk’s Concerns
Finnish cryptocurrency developer Stani Kulechov built a blockchain-based social network, Lens Protocol, available for anyone to access, Bloomberg, reports. Each piece of content is associated with a nonfungible token, giving the creator ownership over their post. Twitter, Inc recently suspended Kulechov’s account following a joke saying the social media company selected him as Twitter’s interim CEO. Lens Protocol can…
This Investor Is Comfortable Holding Apple Stock, But Is Concerned About Amazon: Here’s Why
UBS upgraded the technology sector to Overweight on Wednesday morning, but Requisite Capital Management’s Bryn Talkington splashed caution on the analyst firm’s call. “I’m never amazed at how low stocks can actually go when you get into this environment,” Talkington said Wednesday on CNBC’s “Fast Money Halftime Report.” What to Know: The call on the broader tech sector as a whole…
US Reopens Kyiv Embassy After 3-Month Closure
May 19, 2022
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Business & Economyeconomic policieseconomyembassyEuropeInternationalKyivMarketsRussia-Ukraine WarUnited StatesUSUS NewsWorld
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The U.S. embassy in Kyiv reopened on Wednesday after a three-month closure due to Russia’s Feb. 24 invasion of Ukraine. “We are officially reopening operations,” spokesperson Daniel Langenkamp told Reuters shortly before the U.S. flag was raised above the embassy. He said a small number of diplomats would return initially to staff the mission. Consular…
Walmart Intensifies Rivalry With Google, Amazon By Targeting India’s Budding Payments Market
Walmart Inc’s Indian payments unit PhonePe will acquire two wealth management firms for a total enterprise value of $75 million, Bloomberg reports. PhonePe will buy WealthDesk for about $50 million and OpenQ for nearly $25 million. The acquisitions will help broaden PhonePe’s offerings in India’s budding payments market, where Alphabet Inc Google, Amazon.com Inc, and SoftBank Group Corp-backed Paytm…
Is Ford Stock Revving to Take Off or Slamming on the Brakes?
Ford Motor Company opened lower on Wednesday in sympathy with the general market, which saw the S&P 500 trading over 1 percent lower. The legacy automaker-turning-electric vehicle giant, which plans to take on Tesla, Inc. in a battle for market share, has recently been flashing bullish indicators on its chart. For now, the bounce to…
This Day In Market History: Facebook Goes Public
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On May 18, 2012, Facebook, Inc. held its highly anticipated IPO. Where The Market Was The Dow finished the day at 12,369.38. The S&P 500 traded at 1,295.22. What Else Was Going On In 2012, Hurricane Sandy…
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