Category: Business

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British Airline, Flybe, Collapses a Second Time

Flybe, once the largest independent regional airline in Europe, canceled all flights on Saturday. A new owner failed to save the carrier, which was already struggling when the pandemic hit.  » mehr lesen

His Boating App Needed a Boost. His Daughter’s TikTok Audience Came Through.

Jeff Foulk spent years working on Argo Navigation, a GPS app for boats. After a TikTok video, it became one of the App Store’s most popular products.  » mehr lesen

‘Buy Now, Pay Later’ Is the Victim of its Own Success

What once seemed like attractive economics have been upended by increasing competition and rising interest rates.  » mehr lesen

A Florida Judge Finds a New Job: Defending an Inmate

In a coda to the wrongful-conviction podcast “Bone Valley,” Judge Scott Cupp says he’ll step down to spring a man serving a life sentence for murder.  » mehr lesen

When Private Equity Came for the Toddler Gyms

The same playbook that has notched high returns acquiring things like foreclosed homes and highway rest stops is being tested by a family-oriented franchise.  » mehr lesen

How a Drug Company Made $114 Billion by Gaming the U.S. Patent System

AbbVie for years delayed competition for its blockbuster drug Humira, at the expense of patients and taxpayers. The monopoly is about to end.  » mehr lesen

Easy to Use, Mobile Payment Apps Are Also Easy to Misuse

While they have taken steps to help prevent mishaps, a new report finds they offer few protections if, for instance, users accidentally send money to the wrong person.  » mehr lesen

Sam Bankman-Fried’s Prosecutors Ask Judge to Tighten Bail Conditions

The move followed the disgraced cryptocurrency executive’s attempt to contact a potential witness in his criminal case, prosecutors said.  » mehr lesen

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