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Spirit Airlines Calls Off a Thursday Reckoning on Frontier’s Bid

Spirit said it would continue to talk with both Frontier and JetBlue, putting off a shareholder vote until July 8.  » mehr lesen

McKinsey Guided Companies at the Center of the Opioid Crisis

The consulting firm offered clients “in-depth experience in narcotics,” from poppy fields to pills more powerful than Purdue’s OxyContin.  » mehr lesen

Airbnb Announces a Permanent Ban on Parties

The company temporarily restricted large gatherings at its properties in 2020. Now it says it is permanently prohibiting “disruptive parties and events,” including those promoted on social media.  » mehr lesen

Amazon Restricts L.G.B.T.Q. Products in United Arab Emirates

Sales of items including flags and books were blocked in the country, where homosexuality is criminalized.  » mehr lesen

Crypto Crash Widens Divide Between Rich and Amateur Traders

No cryptocurrency investor has been spared the pain of plunging prices. But the fallout from more than $700 billion in losses is far from even.  » mehr lesen

Highest Mortgage Rates Since 2008 Housing Crisis Cool Sales

As the Federal Reserve tries to fight high inflation, costly mortgage rates have begun to price people out of the housing market.  » mehr lesen

What To Do in New Bedford, the Old Whaling Capital Outside Boston

Once a powerhouse in whaling and textile manufacturing, this maritime city is sprucing itself up — but still leans heavily into its seagoing past.  » mehr lesen

Over 360 newspapers have closed since just before the start of the pandemic.

The same pace — about two closures per week — was occurring before the pandemic.  » mehr lesen

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