By Colette Bennett Intel’s CEO has some words for those waiting on the chip shortage to end. We rarely thought much about the roles semiconductors play in our lives until the chip shortage made us realize just how much we rely on them every day. From o…
Crypto Price Check: Prices Mostly Higher as Market Braces for Fed Decision
By Rob Lenihan The industry is also waiting for Elon Musk to unveil the forthcoming Web3 version of Twitter, an analyst said. Cryptocurrency prices were mixed Monday as investors braced for another week of earnings reports and the Federal Reserve’s upc…
Spirit Airlines Deals a Big Blow to Jetblue
By Tony Owusu Spirit rejected JetBlue’s improved offer, which included a $200 million breakup fee, and is now on track to merge with Frontier. There’s a reason for an engagement period before a wedding. The engagement gives both parties a chance to mak…
Tesla and Musk May Have a Way Around a Big EV-Industry Problem
By Luc Olinga Like the entire automotive sector, Tesla faces a shortage of chips and a surge in raw-materials prices. Electric-vehicle leader Tesla (TSLA) – Get Tesla Inc Report and Chief Executive Elon Musk are in a comfortable position, but their amb…
Moderna Seeks Emergency Authorization for Under-6 Covid Vaccine
By Kirk O’Neil Children ages 6 months to under 6 years may soon have access to a Covid-19 vaccine that has been submitted to the FDA for emergency use authorization. The volatility in the number of new Covid-19 cases since Oct. 31, 2021, has swung wide…
Huge Las Vegas Strip Project Takes Over Doomed Former Hotel
By Daniel Kline It’s a new development to rival Caesars and MGM’s offerings, but does Las Vegas actually need it? The Las Vegas Strip has more than just casinos. Sure, that famous 4.2-mile section of road gets its identity from the towering Caesars Ent…
Wendy’s Menu Borrows a Hit Idea from Taco Bell
By Daniel Kline Both fast-food chains have been inventive when it comes to taking the fight to Burger King and McDonald’s. For decades, fast food has largely been about the food. Chains like McDonald’s (MCD) – Get McDonald’s Corporation Report and Rest…
Elon Musk Has an Original Way to Rock Warren Buffett’s Throne
By Luc Olinga Tesla CEO has established himself as the most influential voice in business in recent months. Elon Musk is the new Oracle. This title which is accompanied by the respect of both Wall Street and Main Street was previously attributed to the…
Las Vegas Strip Casino Landlord Talks Deal With Major Sports Team
By Kirk O’Neil Another major league sports team might be getting close to reaching an agreement to move to Las Vegas. Las Vegas has evolved into one of the nation’s most desired locations for major league sports teams. Already, the National Hockey Leag…
Buffett’s Berkshire Activision Stake Rises to 9.5%
By Ellen Chang Berkshire Hathaway increased stake of Activision is nearly 10%. Berkshire Hathaway ( (BRK.A) – Get Berkshire Hathaway Inc. Class A Report) CEO Warren Buffett revealed the conglomerate owns a 9.5% stake of Activision Blizzard ( (ATVI) – G…