Business

“Nearly 10 billion passwords leaked in what may be biggest dataset of its kind ever”

“A file containing about 10 billion individual passwords was posted on an online hacking forum in what could be the largest such compilation of leaked passwords ever. The file was posted on July 4, and contains passwords compromised in both… Continue Reading…

Business, Economy

“Is college worth it? Poll finds only 36% of Americans have confidence in higher education”

“…Overall, only 36% of adults say they have a “great deal” or “quite a lot” of confidence in higher education, according to the report released Monday by Gallup and the Lumina Foundation. That confidence level has declined steadily from 57%… Continue Reading…

Business, Economy

“Air travel demand is breaking records. Airline profits are not”

“…Some airlines have forecast record demand, and in some cases, revenue. On Sunday, the Transportation Security Administration screened more than 3 million people, a one-day record. But higher labor and other costs have eaten into airlines’ bottom lines. To adapt to slower demand… Continue Reading…

Business

“Job scams surged 118% in 2023, aided by AI. Here’s how to stop them”

“… …” https://www.cnbc.com/2024/07/07/job-scams-surged-118percent-in-2023-aided-by-ai-heres-how-to-stop-them.html How do you stop scams? Meet the people in person. This lowers risk dramatically. Scams are far less likely to happen when you’re in strangling range of the scammer. I don’t recommend violence. I’m just stating the… Continue Reading…

Business

“Tesla China Shipments Expected to Slump for Fourth Time in 2024”

“”Tesla Inc. suffered a 24.2% year-on-year fall in shipments from its factory in Shanghai, marking the fourth time this year output has fallen for the electric car leader amid a price war in China…” https://finance.yahoo.com/news/tesla-china-shipments-expected-slump-094746245.html I can’t read anymore. I… Continue Reading…

Business

“Boeing agrees to buy fuselage maker Spirit AeroSystems in $4.7 billion deal”

“Boeing said Monday that it will buy back its struggling fuselage maker Spirit AeroSystems in an all-stock deal that the plane maker has said will improve safety and quality control. It said it agreed to pay $37.25 a share in Boeing stock for… Continue Reading…

Business

“Payhawk, a $1 billion corporate card startup, plans M&A shopping spree after 86% sales growth”

“AMSTERDAM — Corporate payments startup Payhawk told CNBC it is planning mergers and acquisitions to grow its footprint in the corporate spend management world and take on big players like SAP. Bulgarian-founded Payhawk said it is looking to acquire a company or companies at… Continue Reading…

Business

“Flight attendant union rejects American Airlines’ proposed 17% pay raise”

“The labor union that represents American Airlines flight attendants on Wednesday rejected a company proposal to immediately raise pay by 17%. CEO Robert Isom offered flight attendants immediate 17% wage increases earlier Wednesday as contract talks continue without a deal, bringing the… Continue Reading…

Business, Economy

“Want to Pay Cash? That’ll Cost You Extra”

“When Noa Khamallah recently tried to pay cash for popcorn and soda at Yankee Stadium, his almighty dollars struck out. The stadium’s concession stands no longer take cash. An employee directed him to a kiosk that could convert his greenbacks into plastic. Khamallah, 41… Continue Reading…

Business

“Nvidia passes Apple in market cap as second-most valuable public U.S. company”

“Nvidia also hit a $3 trillion market cap milestone on Wednesday after shares rose over 5%. At market close, Nvidia had a market value of $3.019 trillion, versus Apple’s, which stood at $2.99 trillion. Microsoft is the most valuable publicly traded company,… Continue Reading…