Jet Fuel Shortage In ‘Crisis Mode’ Leading To More Flight Cuts And Higher Airfares
With the Strait of Hormuz closed for nearly 10 weeks, much of the world is running out of jet fuel and summer vacation plans could be disrupted, energy experts told Forbes. “It’s not going to be a sh...
11 Touko 3min
Americans Among Dozens Of Passengers Who Disembarked Hantavirus-Infected Cruise Ship
The World Health Organization has confirmed dozens of people, including Americans, left the ship upon which a hantavirus outbreak has killed several people and flew home after the death of the first p...
7 Touko 3min
U.S. Hotels Say World Cup Is ‘Non-Event’ So Far
FIFA hyped the World Cup as an economic juggernaut for the U.S.—but with five weeks until the tournament kicks off, the hotel industry says advanced bookings in some host cities are on par or lagging ...
6 Touko 3min
It’s Not Just Spirit: These Budget Airlines Are ‘Burning Cash’—Putting Low-Cost Fares At Risk
The jet fuel crisis was the straw that broke Spirit Airlines’ back, but other budget airlines are also struggling to be profitable and losing market share—a potential warning for cost-conscious travel...
5 Touko 4min
AI Music Generator Suno Eyes $5 Billion Valuation After Latest Funding Round
Suno, the AI music generation company that has attracted a staggering 100 million users is reportedly nearing a close of a funding round that could value it at more than $5 billion, more than double w...
5 Touko 3min
GameStop Could Issue Stock In $55 Billion eBay Takeover Bid
GameStop might issue additional stock to complete its $55 billion takeover of eBay amid skepticism from economists about whether the video game retailer could afford to acquire the company, whose mark...
4 Touko 3min
Larry Page’s Net Worth Tops $300 Billion For First Time Amid Alphabet Earnings Rally
Larry Page’s net worth swelled on Thursday, surpassing $300 billion for the first time as Alphabet’s stock rose after reporting a surge in cloud revenue through the Google parent’s latest quarter. Fo...
1 Touko 3min
LIV Golf Loses Saudi Arabia Funding—Effectively Ending PGA Rival
LIV Golf, the competitor to the PGA Tour bankrolled by Saudi Arabia’s Public Investment Fund, is losing its funding from the Gulf state, according to The Wall Street Journal. This follows weeks of spe...
1 Touko 3min
