Category: Business

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SAS Cancels Many Flights After Bankruptcy Filing, Pilot Strike

The carrier’s woes are part of a summer full of problems for Europe’s travel industry, including staffing shortages and walkouts by fed-up employees.  » mehr lesen

Ford Quarterly Sales Were Up Slightly From Last Year

The automaker sold 483,688 vehicles in the United States in the second quarter.  » mehr lesen

El Salvador’s Bitcoin Bet Isn’t Paying Off

It brought El Salvador’s president, Nayib Bukele, the adulation of the tech community, but reduced scarce funds and moved the nation closer to default.  » mehr lesen

How Wall Street Escaped the Crypto Meltdown

As cryptocurrency prices plunged and funds failed, strict rules on risky assets helped Wall Street companies sidestep the worst. Retail investors weren’t as lucky.  » mehr lesen

Nuclear Power Gets New Push in U.S., Winning Converts

With challenges in meeting clean energy goals and new electricity demands, politicians in both parties seek to prolong and even expand reactor use.  » mehr lesen

Germany Posts First Monthly Trade Deficit in 30 Years

High energy prices and disrupted supply chains dent the image of “Made in Germany,” as May imports exceeded exports for the first time in decades.  » mehr lesen

Air Travelers Face Delays and Cancellations on July 4 Weekend

Carriers were dealing with a combination of staff shortages and passenger volume that approached or in some cases exceeded prepandemic levels.  » mehr lesen

Martin Guzmán, Argentina’s Economy Minister, Abruptly Quits

Martin Guzmán had negotiated a deal to restructure $44 billion of the country’s debt. His departure threatens to destabilize an already shaken economy.  » mehr lesen

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