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After stunning 22-time grand slam champion Rafael Nadal to reach the US Open quarterfinal on Monday, Frances Tiafoe thre...
07/09/2022

After stunning 22-time grand slam champion Rafael Nadal to reach the US Open quarterfinal on Monday, Frances Tiafoe threw his racket on the floor and covered his face in amazement.

The 24-year-old simply stood there soaking up the atmosphere created by a raucous Arthur Ashe Stadium.
It felt like a seminal moment in the American's career; a culmination of hard work and raw talent which has long been heralded as the potential future of men's tennis in the country.
Expectations of Tiafoe have been high for a long time and the world No.26 is now looking more than comfortable on the sport's biggest stage.

Expectations of US tennis player Frances Tiafoe have been high for a long time and the world No. 26 is now looking more than comfortable on the sport's biggest stage.

The iconic Porsche brand is officially going public despite stomach-churning stock market turbulence that's frozen out o...
07/09/2022

The iconic Porsche brand is officially going public despite stomach-churning stock market turbulence that's frozen out other big deals.

Volkswagen (VLKAF) first started looking at spinning off the high-performance automaker in February, just as Russia's invasion of Ukraine jolted investors.
In a statement late on Monday, Volkswagen said it had decided to press ahead with the initial public offering later this month or in early October, "subject to further capital market developments."

The iconic Porsche brand is officially going public despite stomach-churning stock market turbulence that's frozen out other big deals.

Flights used to be a chance to sit back (albeit a bit cramped) and watch a recently released movie or catch up on some r...
06/09/2022

Flights used to be a chance to sit back (albeit a bit cramped) and watch a recently released movie or catch up on some reading. Now they're just another place to log on.

Delta and United each host more than 1.5 million inflight WiFi sessions a month, the airlines told CNN Business, while JetBlue said its service is used by "millions of customers" every year. Southwest declined to share specific numbers but said inflight Wifi is "popular."
Alaska Airlines, meanwhile, estimates that about 35% of its passengers on average make use of its $8 onboard WiFi services which include surfing the web and streaming.

Flights used to be a chance to sit back (albeit a bit cramped) and watch a recently released movie or catch up on some reading. Now they're just another place to log on.

Home sales declined for the sixth month in a row in July as higher mortgage rates and prices push prospective buyers out...
05/09/2022

Home sales declined for the sixth month in a row in July as higher mortgage rates and prices push prospective buyers out of the market.

Nevertheless, home prices continued to climb by double-digit percentages during the month. The median home price was $403,800 in July, up 10.8% from a year ago but slightly lower than the record high reached last month, according to a report from the National Association of Realtors. The price increase marks more than a decade of year-over-year monthly gains.

Home sales declined for the sixth month in a row in July as higher mortgage rates and prices push prospective buyers out of the market.

Snap Inc., the parent company of the popular app Snapchat, announced plans to lay off some 20% of its more than 6,400 gl...
05/09/2022

Snap Inc., the parent company of the popular app Snapchat, announced plans to lay off some 20% of its more than 6,400 global employees.

The news will impact the jobs of more than 1,200 staffers at the tech giant, and comes as broader economic conditions have deteriorated in recent months amid rising inflation and the Federal Reserve's interest rates hikes. The recent market downturn has especially pummeled the tech sector, where news of hiring freezes, layoffs, and other cost-cutting measures have dominated headlines for months.

Snap Inc., the parent company of the popular app Snapchat, announced plans to lay off some 20% of its more than 6,400 global employees.

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