Some passengers aren’t able to bring check-in luggage on KLM flights passing through Schiphol airport in Amsterdam. Angel Di Bilio/Getty Images Passengers transfering in Amsterdam to European flights cannot check in bags on Thursday. Schipol airport blamed the move on technical problems with its baggage system on Wednesday. The airport has flights to about 300…
Christine Lagarde of the European Central Bank. Pool/Getty Images Global stocks fell Thursday, with US futures showing a pullback from the prior day’s rally ahead. Focus is on the ECB, which is set to hike interest rates for the first time in over a decade at its meeting later today. Investors’ hopes for an earnings…
Malorny/Getty Images Oil tumbled by 4% on Thursday, after data pointed to a dropoff in demand for gasoline from cash-strapped motorists. Gasoline inventories rose unexpectedly in the latest week, indicating drivers are cutting consumption. Gasoline futures shed 6% and hit three-month lows, suggesting drivers may get more respite at the pump. Oil slid by almost…
Hi again — Jordan Parker Erb here. Insider caught up with 26 fintech VCs who are still bullish on the sector, despite the market downturn. Plus, Apple could owe you up to $395 after it settled a lawsuit over its notorious “butterfly” keyboards. C’mon, let’s dive in. If this was forwarded to you, sign up…
A stock image of a person receiving a blood transfusion. People with hemophilia B receive regular infusions of clotting factor IX to treat their condition. Fajrul Islam/Getty Images A new gene therapy offered hope for a cure against hemophilia B, a genetic clotting disorder. One patient called an experimental treatment a “miracle” that changed his…
Alaska Airlines Boeing 737 MAX 9 jet. Ian Dewar Photography/Shutterstock An Alaska Airlines flight was reportedly delayed due to its pilots falling out. Five Twitter users relayed the same incident, which was also reported by travel site One Mile at a Time. A pilot announced the plane would return to the gate and one would…
Elon Musk. AP Photo/Noah Berger Elon Musk’s Tesla sold 75% of its bitcoin holdings last quarter. The Tesla CEO is also trying to renege on his $44 billion agreement to buy Twitter. Slumping asset prices and a bleaker economic outlook likely played a role in both decisions. Elon Musk, who’s currently trying to back out…
A child in a Minecraft character costume. Carlo Allegri/Reuters Mojang Studios, the Microsoft-owned company behind Minecraft, issued a statement on NFTs. NFTs will not be allowed in Minecraft, Mojang said. The company said NFTs are exclusionary and encourage “profiteering.” Mojang Studios, the company behind the wildly popular video game Minecraft, has announced it won’t be…
Top of the morning, markets people. Phil Rosen here, writing to you from a humid and glistening New York. Growing up, when I heard adults talk about “refinancing,” it sounded awfully boring. But since covering Wall Street, I’ve learned that there’s real drama in housing markets. Today I’m breaking down what’s going on with US…
British Prime Minister Boris Johnson. AP Photo/Markus Schreiber Boris Johnson will be asked to give evidence under oath as part of a new probe into partygate. The outgoing prime minister will be told to answer questions from Parliament’s Privileges Committee. Johnson could be made to stand down as an MP if he is found to…