Southwest Woes Go Beyond Weather

Southwest Airlines’ ongoing cancellations and delays this past week even after other carriers recovered from the inclement weather over the Christmas holiday indicate that the airline may have deeper systemic issues, sources say. This means its operational woes could recur when there are more business travelers in transit.  In a video statement on its website … Read more

China’s industrial profits drop further as COVID woes take toll on economy

Breadcrumb Trail Links PMN Business Author of the article: Reuters Liz Lee and Liangping Gao Publishing date: Nov 27, 2022  •  0 minutes ago  •  2 minute read Join the conversation Article content BEIJING — China’s industrial firms saw overall profits decline further in the January-October period as COVID-19 outbreaks flared up and cities imposed new … Read more

Foxconn’s woes to take bigger toll on giant China iPhone plant as more workers leave -source

Breadcrumb Trail Links PMN Technology PMN Business Author of the article: Publishing date: Nov 25, 2022  •  6 minutes ago  •  2 minute read Join the conversation Article content TAIPEI — Foxconn’s flagship iPhone plant in China is set to see its November shipments further reduced by the latest bout of worker unrest this week, a … Read more

Philips recall woes grow as it flags new concerns with FDA over replaced ventilators

mekcar Philips (NYSE:PHG), which has been mired with recall of its respiratory devices, informed the the U.S. Food and Drug Administration (FDA) that its Respironics Trilogy ventilators reworked as a part of a June 2021 recall have two new potential issues. The FDA said on Nov. 17 that the first issue was that the new … Read more

Cowboys are clicking; Patterson makes history; Jets’ QB woes: 3 up, 3 down

Geoff Schwartz FOX Sports Betting Analyst Eleven weeks are almost in the books, with Thanksgiving football just a few days away. It’s the golden time of the NFL football season.  Here’s whose stock is up and down after an awesome weekend of football. Up Dallas Cowboys The real Cowboys showed up on Sunday in Minnesota, … Read more

GBTC Bitcoin discount nears 50% on FTX woes as investors stock up

The largest Bitcoin (BTC) institutional investment vehicle is coming under suspicion as it trades at a record discount. The Grayscale Bitcoin Trust (GBTC) is the latest Bitcoin industry entity to feel the heat from the debacle over defunct exchange FTX. FTX woes see Coinbase pledge trust in GBTC owner With contagion and fears over a … Read more

Market Rally Holds Key Levels, But This Has Been Difficult; Tesla Woes Continue

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. X The stock market rally generally lost ground this past week, but the major indexes found support at key levels. However, many promising stocks pulled back shortly after crossing buy points. Investors should follow some rules for the current trading … Read more

Bitcoin price dips to $16.4K over Genesis woes as execs defend GBTC

Bitcoin (BTC) fell to intraday lows after the Nov. 16 Wall Street open as the FTX scandal appeared to claim another victim. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Genesis Trading liquidity “exceeded” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading around $16,400 at the time of writing. Downside had entered again for … Read more