Honda temporary cutting some production at all U.S., Canada plants Via Reuters: Honda Motor Co said late Tuesday it will temporarily suspend some production next week at all U.S. and Canadian plants citing a number of supply chain issues. A spokesman for the Japanese automaker said it would halt production for the entire March 22 week at a majority of U.S. and Canadian plants citing “the impact from COVID-19, congestion […]
Recovery bets support stocks as Fed comes in focus Via Reuters: World shares inched higher while U.S. bond yields hovered near a 13-month peak on Monday on bets economic growth would accelerate even though investors became wary of the Federal Reserve and other key central bank meetings in the days ahead. The $1.9 trillion stimulus bill President Joe Biden signed into law last week and the rollout of COVID-19 vaccinations […]
Bitcoin hits $60,000 in record high Via Reuters: Bitcoin, the world’s biggest cryptocurrency, on Saturday crossed a record high of $60,000. Bitcoin has risen sharply this year, broadly outperforming conventional asset classes, partly due to broader acceptance as a form of payment. In recent weeks, companies have taken advantage of its strength to raise hundreds of millions of dollars in funding, capitalizing on improved market sentiment. A $1.5 billion bitcoin […]
U.S. airport passengers hit highest level since March 2020 Via Reuters: The Transportation Security Administration said it screened 1.357 million U.S. airport passengers on Friday, the highest number screened since March 15, 2020 as air travel begins to rebound from a pandemic-related drop. COVID-19 has devastated air travel demand, with U.S. airline passenger demand down 60% in 2020 and down 63% in January. But with a growing number of Americans […]
Global stocks, oil edge away from highs as stimulus rally ebbs Via Reuters: Global shares were flat on Friday but within sight of a record high, while oil edged lower as benchmark debt yields climbed, helping to curb the latest stimulus-driven rally. Gains in Asian stock markets proved tough to match for most European peers, after they hit a one-year high the day before. U.S. stock futures also suggested a […]
Rolls-Royce says worst is over after record loss Via Reuters: The worst of the COVID-19 crisis is over for Rolls-Royce, its CEO predicted on Thursday, after the engine maker plunged to a record 4 billion pound ($5.6 billion) underlying loss for 2020 as its airline customers stopped flying. The British company said its cash burn should halve this year, and turn positive in the second half as vaccinations kick in […]
NHL, Disney reach 'groundbreaking' seven-year multi-platform broadcast deal Via Reuters: The National Hockey League and Walt Disney Co said on Wednesday they reached what the NHL commissioner called a “groundbreaking” seven-year TV, streaming and media rights deal that will bring games to ABC, ESPN and streaming platforms. The partnership, which will begin with the NHL’s 2021-22 season, is highlighted by exclusive coverage of the Stanley Cup Final on ABC in […]
Boeing close to major order for dozens of 737 MAX jets Via Reuters: Boeing Co is close to a deal to sell dozens of its 737 MAX 7 jets to Southwest Airlines Co, in potentially the company’s largest 737 MAX order since the aircraft’s safety ban was lifted, people familiar with the matter said on Wednesday. If confirmed, the deal would head off a partial defection to Airbus SE by […]
Treasury yields climb ahead of February inflation data Via CNBC.com: February’s consumer price index is due out at 8:30 a.m. ET on Wednesday. Economists expect it to have risen 0.4% in February, or up 1.7% from a year ago. However, ING senior rates strategist Antoine Bouvet told CNBC’s “Street Signs Europe” on Wednesday that he didn’t think this inflation reading would be the “big one.” He said ING expected big readings to only […]
Morning Drive is still the most listened to part of the radio broadcast day and The CRUSADE Channel now gives you an extra 70 minutes of original, Morning Drive, great talk-radio content! Hosted by the now seasoned radio presenter Fiorella Nash (5 Minute Mysteries, The Fiorella Files), The Early Show is a 70 minute long, fast paced conversation with regular guests Joe Clovis of Walsingham U.K., Emmett Dooley of Ireland, Irish born ETWN announcer KV Turley and Sarah Taylor of the U.K.
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