Friday, 31 December 2021

5 things in tech you need to know today

Welcome back! We're changing things up as we close out the year. This week, some of Insider's tech editors are sharing five of their top stories of 2021. We'll be back in action on Monday. Happy New Year!


Hello! I'm Tekendra Parmar, Insider's tech editor for freelancers and contributors. I work with some of the most dogged freelancers and thought-provoking columnists in the tech world to enhance the incredible reporting of our tech team here at Insider. 

While I'm one of the newest members of our growing team (I've officially been here since August), I'm excited to share with you some of the most riveting tech reporting this team has done during this past year. 


If this was forwarded to you, sign up here. Download Insider's app – click here for iOS and here for Android.


Jin Pak, right, a 3D data specialist, celebrates a table tennis win at Google's Boulder offices on Tuesday afternoon. After working all day at their computers, Google employees can unwind with a climbing wall, video games, table tennis, and massage.
Jin Pak, right, a 3D data specialist, celebrates a table tennis win at Google's Boulder offices on Tuesday afternoon. After working all day at their computers, Google employees can unwind with a climbing wall, video games, table tennis, and massage.

1. The golden age of Silicon Valley's iconic perks is over — but that may not be a bad thing. For years, Silicon Valley's offices have been decked out with rock climbing walls, on-site laundry services, and gourmet cafeterias, perks that were used to increase worker productivity. But with many companies working remotely indefinitely, the loss of these perks is shifting tech worker's perspectives on work-life balance and job satisfaction.

2. Lambda School promised a fast and cheap path to a lucrative tech career. Leaked documents and former students cast doubt on that claim. Coding bootcamps pitch themselves as a low-cost way to break into a lucrative job in tech — but the leaked documents suggest this popular coding bootcamp was being disingenuous about its 74% job placement rate. Everything we learned from the leak. 

3. Mark Zuckerberg's oceanfront Kauaʻi estate has reignited anger over two centuries of Native Hawaiians being forced off their land. Tech billionaire Mark Zuckerberg's 1,380-acre property in Hawaii is reigniting old tensions over indigenous land rights on the island. We examined how he used a series of shell companies and lawsuits to amass his private paradise. Check it out here.

4. The biggest coding bootcamps may exaggerate their success rates — here's how to choose one that will actually get you a job. While many big bootcamps might be exaggerating their student's success records, a coding bootcamp may still be a worthwhile educational opportunity if you can find the right one. We spoke with industry and educational experts about how to choose one that will actually get you a job.

5. Documents reveal how the Peter Thiel-backed startup Anduril is building a virtual border wall for the Biden administration. The Biden administration is relying on AI, machine-learning, and an army of data labelers under NDAs to surveil the United States border with Mexico. What we know about Anduril's role in a virtual border wall. 


Written by Tekendra Parmar. Follow @TekendraParmar on Twitter or email him at tparmar@insider.com. Edited by Jordan Parker Erb.

Read the original article on Business Insider


from Business Insider https://ift.tt/3sLX3YN

Daybreak: Biden, Putin Trade Warnings; Virus Record (Podcast)



from Bloomberg https://ift.tt/3zfPNG8

Some US Navy sailors spent Christmas quarantining in a hotel in Guantánamo Bay after testing positive for COVID-19

The USS Milwaukee (LCS-5) sails into New York Harbor at the start of the Fleet Week Parade of Ships, May 22, 2019 in New York City.
The New York Times reported that 25% of the USS Milwaukee's 105 crew had tested positive.
  • US Navy crew quarantined in a Guantánamo Bay hotel at Christmas after testing positive for COVID-19.
  • A spokesperson told The NYT some sailors were moved to the hotel due to lack of space on their ship.
  • The outlet reported that 25% of the USS Milwaukee's 105 crew had tested positive.

Some US Navy crew quarantined in a hotel in Guantánamo Bay over Christmas after testing positive for COVID-19, a spokesperson told The New York Times.

The combat ship USS Milwaukee left Jacksonville, Florida, on December 14 and docked at a port at the naval station in Guantánamo Bay, Cuba, on December 20. The trip was a scheduled port visit to restock on fuel and supplies, The Times reported.

The ship has remained there after some sailors tested positive.

The Navy said in a statement on December 24 that "all COVID-19 positive sailors are isolated on board and away from other crew members."

Commander Kate Meadows, spokesperson for the Fourth Fleet in Jacksonville, reiterated on Saturday – Christmas Day – that none of the crew members had been allowed to leave the ship and adjoining pier.

The Times reported that the ship held an open-air, socially distanced Christmas service on the pier and chefs on board served a holiday meal.

But Meadows told The Times on Thursday that some asymptomatic sailors had been removed from the ship and put in quarantine in a base hotel before Christmas Day, "due to limited berthing."

A Navy official told the outlet that five sailors had been moved, though Meadows declined to give a number.

Nikki Maxwell, a spokesperson for the base, told The Times that the sailors hadn't had contact with base staff and that their rooms had signs to show that the occupants were quarantining.

The Times reported that the ship had departed Jacksonville with 105 sailors onboard, and that around 25% had tested positive.

The Navy said on December 24 that "a portion of those infected" had shown mild symptoms. All crew members were vaccinated, it said.

The US Navy and the head of emergency management at the Guantánamo Bay naval base did not immediately reply to Insider's request for comment.

Meadows told The Times on Thursday that officials hadn't established which coronavirus variant the sailors had.

The Omicron variant has become the dominant coronavirus strain in the US. Studies suggest that Omicron is more transmissible than previous variants and is capable of partially evading immunity provided by vaccines and prior infection.

The US has been pushing people to get booster doses as coronavirus cases across the US soar. A third of fully vaccinated Americans have received a booster dose, federal data shows.

Dawn Grimes, a spokesperson for the Guantánamo Bay base hospital, told The Times on Sunday that the ship had requested COVID-19 vaccine booster doses from the hospital to administer to some crew on board.

Photos shared on Facebook on Wednesday show the ship's crew receiving the doses.

Read the original article on Business Insider


from Business Insider https://ift.tt/3qFUmVY

Next Africa: Vaccines, War and Oil Battles to be in Focus in 2022



from Bloomberg https://ift.tt/3HFBUEb

Warren Buffett rejects Bernie Sanders' call for him to wade into a worker strike — and defends Berkshire Hathaway's track record with unions

warren buffett
Warren Buffett.
  • Sen. Bernie Sanders urged Warren Buffett to aid workers striking at a Berkshire Hathaway subsidiary.
  • Buffett rejected the request, saying he lets his CEOs handle pay disputes and most other matters.
  • The investor has structured Berkshire as a group of decentralized, autonomous units.

Warren Buffett declined Sen. Bernie Sanders' call for him to intervene in a labor dispute at one of Berkshire Hathaway's businesses this week. The billionaire investor and Berkshire CEO emphasized that he delegates responsibility for pay negotiations and most other matters to the bosses of his company's many subsidiaries.

Sanders, in a letter to Buffett dated December 28, highlighted that 450 steelworkers at Special Metals — a subsidiary of Berkshire-owned Precision Castparts — have been striking for nearly 100 days. He complained that their employer has offered them a $2,000 signing bonus instead of a pay bump for 2021, and wage increases of only 1% in 2022, and 2% annually over the next three years.

The Vermont senator bemoaned the offer as a "very significant cut in real pay" with inflation trending above 6% in recent months. He also pointed out that Special Metals intends to quadruple its workers' healthcare premiums to about $1,000 a month, and cut their accrued vacation time.

"I am personally requesting that you intervene in the negotiations," Sanders wrote to Buffett, underlining the investor's $110 billion personal fortune, Berkshire's almost $150 billion cash pile, and Precision Castparts' profitability.

"There is no reason why workers employed by you should be worrying about whether they will be able to feed their children or have healthcare," he continued. "I know that you and Berkshire Hathaway can do better than that."

Buffett replied to Sanders' letter the same day, reminding him that Berkshire's subsidiaries handle virtually all of their own labor and personnel decisions. The executive said he would pass along the senator's letter to Precision Castparts' CEO, but wouldn't recommend any action. "He is responsible for his business," Buffett said.

The Berkshire chief also rushed to defend his businesses from any suggestion that they're anti-union. He noted that See's Candies, NetJets, and Buffalo News — which it sold last year after more than 40 years of ownership — employ many unionized workers.

Buffett's dismissal of Sanders' request for him to wade into a union clash at a Berkshire subsidiary won't surprise his close followers. The investor has intentionally structured his company as a bunch of decentralized, autonomous units, allowing him to focus on allocating capital across the conglomerate, striking deals, and managing its stock portfolio instead of running its scores of subsidiaries.

Read the original article on Business Insider


from Business Insider https://ift.tt/3pGOlcB

Markets in Hindsight: Winning Trades for Those With Imagination



from Bloomberg https://ift.tt/3FHP1E7

Thursday, 30 December 2021

U.K. Stockpicker Smith Made More Than 35 Million in Bumper Year



from Bloomberg https://ift.tt/3zdFFxf

Family of Ghislaine Maxwell Voices Faith in Her Innocence



from Bloomberg https://ift.tt/3FI8cOb

Biden, Putin to Talk Amid Ukraine Tensions



from Bloomberg https://ift.tt/3eHF5OR

Credit Suisse Chairman Conduct in Focus on Quarantine Breaks



from Bloomberg https://ift.tt/32S2H0U

Billionaire Peter Thiel Hires Austria's Disgraced Former Chancellor



from Bloomberg https://ift.tt/3JvzyJG

5 things in tech you need to know today

Welcome back! We're changing things up as we close out the year. This week, some of Insider's tech editors are sharing five of their top stories of 2021. We'll be back in regular action next week. 


Greetings, dear readers. I'm Alexei Oreskovic, the Tech Features Editor at Insider. The best part of my job is working with writers on deeply reported longform narratives about the people and events that drive the tech business behind the scenes; the stories that aren't in the news cycle headlines, but that may well have influenced them — or that will influence tomorrow's headlines.

As we look forward to 2022, here are some of my favorite feature stories from the past year.


If this was forwarded to you, sign up here. Download Insider's app – click here for iOS and here for Android.


travis kalanick cloudkitchen nightmare 4x3
Entrepreneur Travis Kalanick with slogans used at Uber and CloudKitchens in the background

1. Travis Kalanick's stealth $5 billion startup, CloudKitchens, is Uber all over again. Uber's cofounder was ousted as CEO in 2017 amid a string of scandals. Now he's in a similarly tumultuous second act in the booming food delivery business. Insiders describe what it's like working at CloudKitchens.

2. "A gag order for life": How nondisclosure agreements silence and control workers in Silicon Valley. Every day, thousands of people sign NDAs when they start a new job or leave their current one. In many cases, the scope and breadth of the agreements go well beyond what legal experts say is proper or reasonable. We analyzed dozens of NDAs from Google, Apple, and other tech giants — check them out here.

3. Gaia was a wildly popular yoga brand. Now it's a publicly traded Netflix rival pushing conspiracy theories while employees fear the CEO is invading their dreams. This story embodies the most surreal, bizzaro aspects of the past few years, and provides a sobering reminder of where it could lead us. Fasten your seat belt and take a plunge into the Gaia rabbit hole.

4. Linux creator Linus Torvalds canceled himself to become a nicer person. Now he needs to bring talent back to the world's most important software. The last of a generation of "brilliant jerks," Torvalds is trying to reprogram himself and the movement he created. Torvalds opened up about diversity in tech, the "graying" challenge facing the Linux community, and the future of open source. Here's what he told us.

5. 10 years after Steve Jobs' death, his widow, Laurene Powell Jobs, has multiplied her fortune and power by acting nothing like him (most of the time). After years of seeming content to live in the shadow of her larger-than-life husband, Powell Jobs has emerged as a powerful force in the worlds of media and politics. How the Apple heiress and The Atlantic owner is changing the rules of the game.


Written by Alexei Oreskovic. Follow Alexei Oreskovic on Twitter @lexnfx or email him at aoreskovic@insider.com. Edited by Jordan Parker Erb.

Read the original article on Business Insider


from Business Insider https://ift.tt/3zaRZOO

M&S Shares Eclipse Ocado's in This Year's Reversal of Fortunes



from Bloomberg https://ift.tt/3pCNNnU

A woman tested positive for COVID during a transatlantic flight and isolated for 5 hours in the plane bathroom

Icelandair Boeing 757
An Icelandair Boeing 757.
  • A schoolteacher from Michigan elected to self-isolate for five hours on long-haul flight.
  • Marisa Fotieo, a Michigan schoolteacher, took a rapid test after feeling early symptoms of Omicron. 
  • Fotieo documented the experience on TikTok, including the "heartfelt" treatment from one flight attendant. 

A Michigan schoolteacher self-isolated in an airplane bathroom for about five hours after taking a COVID test mid-flight that came back positive.

"There's 150 people on the flight, and my biggest fear was giving it to them," Marisa Fotieo told NBC's "Today" show

Fotieo took a rapid test after her throat began to hurt during a flight out of Chicago to Reykjavik, Iceland, on December 20.

"Within what felt like two seconds there were two lines," indicating a positive result, Fotieo told NBC.

She then went to self-isolate in the bathroom and documented the experience on TikTok. She said she stayed there for five hours, most of the duration of the roughly six-hour journey between the two cities.

Fotieo said that one of the Icelandair crew, a flight attendant called Ragnhildur "Rocky" Eiríksdóttir, made the experience a "VIP quarantine."

"She made sure I had everything I needed for the next five hours from food to drinks and constantly checked on me assuring me I would be all right," Fotieo told NBC.

Fotieo did not say how recently she had tested negative before flying.

Iceland requires a negative test taken within 72 hours of departure, which can be either a PCR or rapid test. A video Fotieo posted Friday suggests she took a PCR test that came back negative.

Eiríksdóttir's attention didn't end when the plane landed.

After Fotieo landed and was quarantined in a hotel in Reykjavik, she received a delivery from Eiríksdóttir, documented below. 

@marisaefotieo UPDATE: We LOVE Rocky from @icelandair.is she makes the world a happier place 🧿 #christmas #sunnyday #vaccinated #covid #quarantine #fyp #viralvideo ♬ Sunny Day - Ramol

"She bought me flowers and a little Christmas tree with lights so I could hang it," Fotieo told NBC. "It was so heartfelt, and she's just an angel," Fotieo told NBC. 

The Christmas tree can be seen at the end of the video below. 

"We stan Rocky," Fotieo said in a TikTok video.

Icelandair did not comment on the event to NBC. Insider also contacted the airline for comment.

As of December 29, Fotieo was still posting from the quarantine hotel. Iceland mandates ten-day quarantines for people with COVID-19.

Read the original article on Business Insider


from Business Insider https://ift.tt/3pDN9qa

U.K.'s Health Service Sets Up Temporary Care Hubs For Omicron



from Bloomberg https://ift.tt/3pAPX7E

Elon Musk says there is room for 'tens of billions' of satellites, after facing criticism from Europe that SpaceX is blocking out rivals in orbit

AP20352554311566
SpaceX CEO Elon Musk.
  • Elon Musk rebuffed claims that Starlink was taking over orbit and blocking rivals, per the FT.
  • Musk said there's room for "tens of billions" satellites in low Earth orbit, where Starlink is.
  • It comes after the head of the European Space Agency said Musk was "making the rules" in space.

Elon Musk has pushed back on claims from the European Space Agency that SpaceX was blocking out rivals in space, saying there was room for "tens of billions" of satellites in orbit.

In an interview with The Financial Times, the CEO likened the number of satellites flying in low Earth orbit (LEO) to having two billion cars and trucks on Earth.

Given that orbital "shells" are bigger than the Earth's surface, "that would imply room for tens of billions of satellites," Musk told the FT.

"A couple of thousand satellites is nothing. It's like, hey, here's a couple of thousand of cars on Earth — it's nothing," he added.

His comments follow backlash from Josef Aschbacher, the European Space Agency's director general, who told the FT in early December that Musk was "making the rules" in space.

Aschbacher previously told the FT that SpaceX's satellite internet network, Starlink, was taking over LEO and risked preventing European satellite companies from competing in the commercial space industry.

In Wednesday's interview, Musk told the FT that space is "extremely enormous," and satellites are "very tiny."

"This is not some situation where we're effectively blocking others in any way," Musk told the FT. "We've not blocked anyone from doing anything, nor do we expect to."

To date, SpaceX has launched more than 1,700 Starlink satellites into orbit — although Musk has said he eventually wants to have 42,000 satellites in space.

Read the original article on Business Insider


from Business Insider https://ift.tt/3HecZqW

The Stephanomics Global Preview for 2022



from Bloomberg https://ift.tt/3qDwNgu

Wednesday, 29 December 2021

Omicron's Spread Pushed Global Cases Over 1 Million Again



from Bloomberg https://ift.tt/3ED3gsg

Fox News star lost out on job hosting 'The View' after publicly refusing to get vaccinated, report says

Lisa Boothe
Lisa Boothe on the set of "Fox & Friends" in September 2019.
  • A Fox News star lost out on a gig with "The View" because of her stance on vaccines, a report said.
  • Lisa Boothe interviewed to replace Meghan McCain earlier this year, per The Daily Beast.
  • That process ended after she announced she would not get a COVID-19 shot, the media outlet said.

A Fox News contributor lost out on a job hosting ABC's "The View" after she made it clear that she would not get vaccinated against COVID-19, according to The Daily Beast.

Lisa Boothe was interviewed by executives at "The View" earlier this year, the media outlet reported. 

She was among "dozens and dozens" of candidates to replace Meghan McCain as one of the show's conservative co-hosts, per the Beast.

But, that process ended when Boothe said she would not get vaccinated, the Beast reported, citing an unnamed person familiar with the situation.

Boothe said on Fox News in October that she would not get vaccinated against the coronavirus as a "giant middle finger to Joe Biden's tyranny," Mediaite reported.

In a November op-ed for Newsweek, she argued that "COVID-19 does not pose a statistically meaningful threat to my life" since she is a healthy 36-year-old.

Boothe's conversations with ABC executives reached a "moot point" after these comments due to the network's vaccination requirements, The Daily Beast said. 

ABC's parent company, the Walt Disney Company, requires all US employees to get vaccinated against the coronavirus before returning to the office, NBC News reported.

ABC and Fox News did not immediately respond to Insider's request for comments.

According to Politico's Playbook email, "The View" is struggling to settle on a conservative figure to permanently co-host.

The show has tried out a variety of potential replacements since McCain left in August, including Alyssa Farah and Condoleezza Rice.

But nearly half a year on, Playbook reported that producers are yet to find a new cast member who fits the bill of being a moderate Republican who is also not a denier of the 2020 election results.

Read the original article on Business Insider


from Business Insider https://ift.tt/3HhlLo7

Covid Cases Reach All-Time High (Audio)



from Bloomberg https://ift.tt/3qyn4rZ

Global shares rise, as investors shake off Omicron fears, while gold eases from 1-month high

Two traders work on the floor of the New York Stock Exchange
Traders Aaron Ford, left, and John Panin work on the floor of the New York Stock Exchange wall street stocks
  • Global shares rose, as investors shook off immediate threat to economy from surge in Omicron cases.
  • Rising inflation and interest rates will likely make for a tougher market environment for equities in 2022, according to Saxo Bank.
  • Gold futures eased from one-month highs, curbed by a stronger dollar.
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  •  

Global shares rose on Wednesday, shaking off fears over the spread of the Omicron variant, even as cases around the world topped one million for a second day in a row, while gold retreated from one-month highs.

US stock futures rose, suggesting more gains at the start of trade later. S&P 500 futures were up 0.2%, while those on the Nasdaq 100 gained 0.3% and Dow Jones futures rose 0.1%. 

Stocks have hit record high after record high this year, buoyed by a resurgence in economic activity. This is thanks in large part to the rollout of successful Covid-19 vaccines and ultra-loose central bank monetary policy. 

Next year, the backdrop is shaping up to be tougher, as inflation surges and central banks start to wind down some of the massive economic support available since the start of the pandemic.

"While wrapping up a very impressive 2021 indeed, US equities may find the environment next year somewhat more difficult, with rising wages and inflation possibly weighing on margins and earnings growth, and the risk of tighter Fed policy putting pressure on valuations, especially if longer treasury yields pick up next year," the Saxo Bank macro strategy team wrote in a daily note.

"The Omicron variant continues to rage and continues to fail to register on this market, even as global cases topped a million for the second day running," they said.

The World Health Organization warned on Wednesday that Omicron could overwhelm healthcare systems, despite early studies signaling it causes milder illness. Governments around the world are scrambling to put restrictions in place to curb the spread of the disease, although few have reimposed full-on lockdowns.

In Europe, the Stoxx 600 rose 1.4%, while the FTSE 100 gained 1% after an extended market holiday. In Asia overnight, the Shanghai Composite lost 0.9%, while the Nikkei fell 0.6%. 

The dollar, meanwhile, edged higher against a basket of currencies. The greenback is on course for a 7% gain in 2021, its biggest annual increase since 2014, as investors have flocked to the US currency in anticipation of higher interest rates.

This in turn, put pressure on gold, which tends to perform better when the US dollar is on a weaker footing. Gold hit its highest in a month on Tuesday, driven by concern about rising inflation and the risk to the economy from the Omicron variant.

"The Omicron variant is likely providing inflation expectations a tailwind as some fear widespread lockdowns and tighter social distancing measures may exacerbate ongoing supply chain issues, which could drive up prices," DailyFX analyst Thomas Westwater said.

"However, with Covid fears starting to subside – despite a significant increase in daily cases across key economies – those inflation expectations may soon lose steam," he said.

Gold was last down around 0.4% on the day at $1,803.85 an ounce, still close to its highest since November 22. 

Read the original article on Business Insider


from Business Insider https://ift.tt/3z7xdj4

Tiny Shifters, Lane Nannies Top List of Most Annoying Car Technology



from Bloomberg https://ift.tt/3EBkyX4

Airlines keep slashing flights due to staff sickness caused by COVID-19. More than 2,200 flights have already been canceled for Wednesday.

United Airlines Boeing 787-10 Dreamliner
As of Wednesday morning, 2,212 flights set to depart that day had been canceled, according to figures from the flight-tracking website FlightAware.
  • Airlines are slashing flights for a sixth consecutive day, citing staff sickness and bad weather.
  • Among US airlines, United and SkyWest had the highest number of cancelations on Wednesday.
  • About 15,000 flights have been canceled since Friday morning, according to FlightAware data.

Mass flight cancellations have hit travelers for the sixth consecutive day amid rising levels of airline staff sickness and bad weather in parts of the US.

As of Wednesday morning, 2,212 flights set to depart that day had been canceled, according to figures from the flight-tracking website FlightAware. Data from the website suggests that about 15,000 flights have been canceled since Friday morning.

Of Wednesday's cancellations, 714 — just under a third — were flights within, into, or out of the US, according to FlightAware's data at the time of writing.

United Airlines has canceled 153 flights, or 7% of its total flights for the day, according to the data.

Alaska Airlines has canceled 74 flights scheduled for Tuesday, or 11% of its flights, and JetBlue has canceled 78 flights, or 7% of its schedule.

Delta has canceled 88 flights, or 3%, and Spirit has canceled 56, or 7%.

SkyWest, which is contracted for some regional flights by Alaska, American, Delta, and United, has canceled 144 flights on Tuesday, or about 6% of its scheduled flights.

American Airlines and SkyWest previously told Insider that they had canceled some flights due to rising cases of COVID-19 among staff. A Delta spokesperson said the Omicron variant had affected the airline's schedule. The variant is now the dominant strain in the US.

Delta, Alaska, and SkyWest said that harsh weather conditions in parts of the US, including heavy snow in Washington state on Sunday, were also to blame for some cancellations.

More than 150 flights arriving in or departing from Seattle were canceled Tuesday, or 24%, and just under half of the flights that went ahead were delayed, per FlightAware data. Almost 200 flights set to arrive in or depart from Seattle-Tacoma on Wednesday were already canceled as of Wednesday morning.

The bulk of Wednesday's canceled flights were operated by Chinese airlines, including China Eastern, which has canceled 441 flights, or 21%, and Air China, which has canceled 207 flights, or 17%.

Xi'an, a city in central China with around 13 million residents, entered a strict lockdown on December 23 amid a sudden surge in coronavirus cases. As of Wednesday morning, 19% of that day's flights to Xi'an Xianyang International Airport and 21% of flights from the airport had been canceled, per FlightAware data.

The Indonesian airline Lion Air has also canceled 109 flights, or 22% of its schedule for Wednesday.

The three airlines didn't respond to Insider's requests for comment.

Airlines have been canceling flights since Christmas Eve

On Tuesday, 3,129 flights were canceled, including 1,291 departing from or arriving in the US, and 14,513 flights were delayed, with just under half of these departing from or arriving in the US.

Among US airlines, SkyWest had the highest number of cancellations on Tuesday, canceling 362 flights, or 15% of its schedule, and Horizon had the highest percentage of its flights canceled, at 24%, per FlightAware data.

Airlines canceled about 3,300 flights on each of Sunday and Monday, with almost half of these departing from or arriving in the US, according to FlightAware data.

Airlines also canceled at least 4,200 flights across Christmas Eve and Christmas Day.

It's not just airlines being affected by rising COVID-19 cases. The New York City Transit Authority said on Sunday that subways would be less frequent because of the COVID-19 surge, which had caused staff sickness. The CDC is also investigating or observing almost 90 cruise ships amid COVID-19 outbreaks

Read the original article on Business Insider


from Business Insider https://ift.tt/3mGYtzZ

A risky corner of the ETF market has boomed this year as YOLO traders chase the rally

A fund that tracks Nvidia stock is one of the most popular leveraged ETFs. Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia F...