Business News

Jet Airways 2.0 gets airline license; to resume flights by September

NEW DELHI: Jet Airways is all set to become the first Indian carrier to revive operations under India’s bankruptcy law September this year. The Directorate General of Civil Aviation (DGCA) on Friday granted the airline operating permit (AOP, or license) to Jet 2.0 under its new promoters, the Jalan-Kalrock consortium, and a new management team. …

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Don’t let fear drive your decisions, even in a bear market. What investors should do next

As terrifying as it may be to watch your portfolios dip, investors should resist the urge to drop everything and go scurrying into cash. The S&P 500 has tumbled 18% this year and briefly fell into a bear market during Friday’s session – a decline of 20% from its highs. The Nasdaq Composite, entrenched in …

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At Gary Vaynerchuk’s ‘VeeCon’, the only way in is an NFT ticket

Those seeking evidence of the recent crypto meltdown need not look to Minneapolis — at least for the next few days. This weekend, thousands of NFT-holders are descending upon the Twin Cities for Gary Vaynerchuk’s “VeeCon” — a four-day conference bringing together business leaders, entrepreneurs and Web3 evangelists to discuss digital transformation in everything from …

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The Fed doesn’t care about your stock portfolio – at least until inflation calms down

The Federal Reserve and the stock market may not be getting a divorce, but they’re at least on a trial separation that could last a while. Long a major support system for Wall Street, the Fed is going its own way these days, taking on an inflation fight its leading officials say is pivotal for …

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These fortress stocks hold up the most during bear markets and pay a nice dividend

With the S&P 500 close to crossing into a bear market as stocks continue their 2022 slide, investors looking for stable names in rocky times have a few opportunities. The broad market index on Thursday fought to stay green. It was down about 18% for the year and sitting 19% from last year’s high. Stocks …

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Apple gave mixed-reality headset demo to board of directors: report

Apple’s board of directors previewed its mixed-reality headset last week, according to Bloomberg, suggesting that its next major new product category could launch soon. For Apple, the launch of a product category could open up new markets and potentially re-create the world-changing 2007 introduction of the iPhone. But if its headset is poorly received, it …

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Apple may have to slide a lot further before the market sell-off stops, trader says

Investors looking for an end to the ferocious selling of 2022 should watch Apple, which may have to tumble a good deal further before a market bottom is put in, according to trader Danielle Shay. The tech bellwether is already down 20% this year after a 5% drop Wednesday sent the stock into a technical …

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