Business

LaGuardia firefighter heard ‘stop, stop’ before crash but didn’t know who it was for, NTSB says

Thursday, April 23 by SRN News

NEW YORK (AP) - A firefighter whose truck collided with an Air Canada jet last month on a runway at LaGuardia Airport in New York, killing both pilots, heard an air traffic controller warn "stop, stop, stop" but didn't know who it was for,... Read More.

Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts

Thursday, April 23 by SRN News

Meta is laying off about 8,000 workers, or about 10% of its workforce, the company said Thursday as it continues to ramp up spending on artificial intelligence infrastructure and highly paid AI-expert hires. The company said it was making the cuts for the sake of... Read More.

Offshore wind farms take shape along Rhode Island’s coast, even as Trump wants to stop them

Thursday, April 23 by SRN News

OFF THE COAST OF RHODE ISLAND (AP) - Offshore wind turbines roughly three times the height of the Statue of Liberty were spinning off the coast of Rhode Island on Thursday, sending clean electricity to the region. Wind farms are taking shape and operating... Read More.

Nasdaq to launch new products ahead of extended trading hours plan

Thursday, April 23 by SRN News

April 23 (Reuters) - Nasdaq said on Thursday it will roll out a suite of products to support its planned extension of U.S. equities trading to 23 hours a day, five days a week, as a push to expand global access to high-demand U.S.... Read More.

Spirit Airlines in advanced talks on government financing, lawyer says

Thursday, April 23 by SRN News

By David Shepardson WASHINGTON, April 23 (Reuters) - A lawyer for Spirit Airlines confirmed on Thursday the bankrupt carrier is in advanced discussions with the federal government on terms of financing to help the airline restructure. Marshall Huebner, an outside lawyer for Spirit, said at a... Read More.

US fixed 30-year mortgage rate drops to 6.23%

Thursday, April 23 by SRN News

WASHINGTON, April 23 (Reuters) - The average rate on the popular U.S. 30-year fixed-rate mortgage fell this week, though further declines are likely to be limited by uncertainty surrounding a fragile ceasefire between Washington and Iran. The 30-year fixed mortgage rate averaged 6.23%, down from... Read More.

Lululemon CEO hire from Nike fails to impress investors, shares sink

Thursday, April 23 by SRN News

By Juveria Tabassum, Aishwarya Venugopal and Svea Herbst-Bayliss April 23 (Reuters) - Investors in Lululemon Athletica expressed disappointment on Thursday after the athletic apparel maker picked its new CEO from struggling rival Nike, dropping shares about 12% to their lowest level since 2020. Lululemon, best known... Read More.

Lamborghini deliveries and sales in Middle East at standstill, CEO says

Thursday, April 23 by SRN News

MILAN, April 23 (Reuters) - Sales and deliveries by Italian luxury sports carmaker Lamborghini in the Middle East are at a standstill as conflict in the region forces dealership closures and blocks shipments, its CEO said on Thursday. "Activities are stopped. We cannot send the... Read More.

Santander suspends buyback pending shareholder approval of Webster deal in US

Thursday, April 23 by SRN News

MADRID, April 23 (Reuters) - Santander will suspend its share buyback programme pending approval from U.S. lender Webster Financial's shareholders for a $12.2 billion takeover by the Spanish bank. The suspension will run from April 24 to May 26 inclusive, coinciding with the date of... Read More.

Average US long-term mortgage rate slips to 6.23%, its third weekly drop

Thursday, April 23 by SRN News

The average long-term U.S. mortgage rate dropped for the third week in a row, easing borrowing costs for prospective homebuyers as the spring homebuying season rolls on. The benchmark 30-year fixed rate mortgage rate fell to 6.23% from 6.3% last week, mortgage buyer Freddie Mac... Read More.

Current Weather

LaGuardia firefighter heard ‘stop, stop’ before crash but didn’t know who it was for, NTSB says

Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts

Offshore wind farms take shape along Rhode Island’s coast, even as Trump wants to stop them

Nasdaq to launch new products ahead of extended trading hours plan

Spirit Airlines in advanced talks on government financing, lawyer says

US fixed 30-year mortgage rate drops to 6.23%

Lululemon CEO hire from Nike fails to impress investors, shares sink

Lamborghini deliveries and sales in Middle East at standstill, CEO says

Santander suspends buyback pending shareholder approval of Webster deal in US

Average US long-term mortgage rate slips to 6.23%, its third weekly drop

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