Disney World is set to reopen, but is it safe to return to the “most magical place on earth”? Disney CEO Bob Chapek believes so. The Disney resort located in Orlando, Florida plans to reopen on July 11 for its Magic Kingdom and Animal Kingdom parks and July 15 for EPCOT and Hollywood Studios, the…… MORE
Boeing restarted production of the troubled 737 Max Wednesday, even though the Federal Aviation Administration has yet to give its approval for the jet to fly again, and as demand for new jets has ground to a near halt along with demand for air travel. The announcement came on the same day that Boeing notified…… MORE
If you were jolted by a loud noise this afternoon around 4:30, that just might have been the groans of eager spectators across the world as we learned that the NASA/SpaceX launch was aborted. Sorry for the disturbance — we were just so excited! Read on for more about Wednesday’s events at Cape Canaveral, as…… MORE
SpaceX and NASA will have to wait at least a few more days for their historic spaceflight. Launch officials announced at 4:17 p.m. Wednesday that rough weather would prevent a SpaceX rocket and capsule from taking off from a Florida launch pad, carrying NASA astronauts Robert Behnken and Douglas Hurley on the first crewed spaceflight…… MORE
Forget Gucci, Chanel or Louis Vuitton. It’s Starbucks that’s emerged as a hot brand for bargain hunters. Shoppers in the past several weeks have flocked to popular resale marketplaces like Poshmark and OfferUp to score mugs, tumblers and cups bearing the Seattle-based chain’s brand. Poshmark CEO Manish Chandra said a pandemic-triggered nostalgia for Starbucks drinks…… MORE
Ford temporarily suspended work at part of its Kansas City assembly plant Tueday after another employee tested positive for Covid-19. The shutdown in the Missouri plant lasted only an hour, and Ford completed its scheduled production for the day. But the closure is a sign of the difficulty of building cars while keeping workers safe…… MORE
CNBC “Squawk Box” anchors Andrew Ross Sorkin and Joe Kernen clashed on Wednesday, trading a series of ugly jabs in a fiery on-air exchange over each of their responses to the seriousness of the coronavirus pandemic. The heated debate started when Kernen suggested Sorkin had displayed a track record of overreacting to the virus that…… MORE
Boeing laid off 6,770 workers Wednesday, part of a plan to reduce 16,000 total jobs because of the rapid decrease in air travel during the Covid-19 pandemic. “We have come to the unfortunate moment of having to start involuntary layoffs,” CEO Dave Calhoun said in a message to employees Wednesday. “I wish there was some…… MORE
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Discount home goods retailer Tuesday Morning filed for bankruptcy, blaming Covid-19 for prolonged store closures that caused an “insurmountable financial hurdle.” The Dallas-based chain said Wednesday it will permanently close approximately 230 of its nearly 700 US stores in cities where “too many locations are in close proximity.” The first phase of closures, which includes…… MORE
