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Southwest Reducing Training Time Needed for New Pilots

We’d like to think that learning on the job shouldn’t apply to the person in the cockpit of the 500,000-pound commercial airliner you’re flying. As it looks to increase hiring amid a pilot dearth, Southwest Airlines announced it will reduce…

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Absolutely Nobody Can Agree on What’s Happening With the Economy Right Now

We might need an addendum to the old adage that there are decades in which nothing happens and weeks in which decades happen. Apparently, there are also weeks where nobody knows what-in-the-you-know-what has happened… last week was one of them….

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America’s Push for EVs Could Leave the Power Grid Feeling Drained

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Electric vehicles existed in the early 1900s, believe it or not — there were more than 4,000 of them — but they were not built for highways, which of course didn’t exist back then. So if you lost power 10…

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Subways Sales Climb for First Time in Years as the Company Looks to Expand in Foreign Markets

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That’s a lot of $5 footlongs. After years of declining sales, shuttering stores, and exploitation scandals, Subway has finally seen its revenue go up. And in the wake of that good news, the sandwich chain announced it plans to open…

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Florida Tops New York New Jobs Report

As ol’ blue eyes told us, if you can make it in New York, you can make it anywhere — even Florida. For the first time in at least 40 years, Florida tops New York in terms of total jobs,…

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Sony Bids Farewell to PlayStation Supply Chain Woes

Getting your hands on a Playstation 5 has been harder than beating the infamously difficult Devil May Cry 5. The gaming console was released in November 2020 but thanks to pandemic-related supply chain woes were nearly impossible to find —…

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JPMorgan Invests Hundreds of Millions into Forestry and Minority-led Businesses Projects

When it comes to ESG investing, Jamie Dimon can see the forest for the trees. JPMorgan Chase is kicking off the year with a pair of investments worth hundreds of millions into forestry and minority-led businesses, both of which will…

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Debt Loads Weigh on US Healthcare Industry

US healthcare companies are ailing. The diagnosis? A case of possibly debilitating debt. The etiology is a dual-pronged attack of rising labor costs and rising interest rates following a leverage-fueled dealmaking frenzy, according to a report in the Financial Times….

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Peloton Shows Signs of Life

(Photo credit: Peloton)

You know what they say about getting back on the bike after a headlong fall. Peloton, the poster child for pandemic boom-and-bust companies, announced Wednesday it has managed to rein in its losses and grow its cash flow, beating Wall…

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Serie A Hopes Wall Street Can Get Help it Out of the B-Tier

This Italian football league needs an assist from American lenders. It’s no secret that soccer is the most popular sport in the world, but now Wall Street’s hunger for football is so great that major banks are happily lending to…

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Private Practice: A Q&A with Pierre Valade, Founder of Privacy App Jumbo

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The Brontosaurus Bubble: Could the bottom fall out of the dinosaur fossil market?