Biden administrator prepares to ask Congress to approve sale of F-16 jets to Turkey

Washington CNN — The Biden administration is preparing to ask Congress to approve the sale of 40 F-16 fighter jets to Turkey, after weighing a Turkish request for the planes for more than a year, sources in the government tell CNN. Congress close to deliberations. If approved, the sale would be one of the largest … Read more

How Goldman Sachs laid off 3,000 workers in one day

Fired bankers are complaining that Goldman Sachs used scare and underhand tactics as it staged this week’s bloodbath that claimed the lives of more than 3,000 employees, The Post has learned. Insiders claim the Wall Street giant – whose Wednesday layoffs were dubbed ‘David’s Demolition Day’ after CEO David Solomon – emailed calendar invites that … Read more

Waiting to trade on company profits

On Friday, CNBC’s Jim Cramer warned investors not to make trading decisions on the back of a company’s earnings report. Stocks rallied on Friday after initially falling on quarterly earnings reports and recession warnings from major banks. All three major indexes ended the week higher as investors digested a series of earnings reports and economic … Read more

CDC identifies possible safety issue with Pfizer’s updated Covid-19 vaccine, but says people should still be boosted

CNN — The US Centers for Disease Control and Prevention said on Friday there was a possible safety issue with the bivalent Covid-19 vaccine made by Pfizer and BioNTech but is unlikely to pose a real risk. . The agency said it continues to recommend people keep up to date with Covid-19 vaccines. The CDC … Read more

FTX’s Sam Bankman-Fried ordered a credit ‘secret backdoor’

Sam Bankman-Fried ordered the co-founder of his cryptocurrency exchange FTX to create a ‘secret’ backdoor that allowed his hedge fund Alameda Research to borrow $65 billion in money from clients without their knowledge. permission, according to accounts of the company’s implosion. Gary Wang was asked to create a secret line of credit using funds from … Read more

Amy Robach and TJ Holmes likely out of ‘GMA3’ after affair

Goodbye, America. Amy Robach and TJ Holmes are likely missing ‘GMA3’ just six weeks after their affair was revealed, multiple sources tell Page Six. “They haven’t been fired yet, but I don’t expect TJ to come back,” an insider said. “They want Amy to stay and be a part of things there, but probably not … Read more

Top Senate Democrats urge Southwest CEO to get answers on vacation slump

Southwest Airlines Executive Vice President Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange (NYSE) in New York, U.S., December 9, 2021. Brendan McDermid | Reuters Fifteen senators, including Bernie Sanders, Elizabeth Warren and Cory Booker, sent a letter to South West Airlines CEO Bob Jordan demanded answers on … Read more

Bank earnings fail to impress investors as recession worries mount

New York CNN — JPMorgan Chase, Bank of America, Citigroup and asset management giant BlackRock reported results on Friday that beat Wall Street forecasts, but investors were disappointed nonetheless. Trading was choppy, with most bank stocks falling at the open before rebounding. Shares of JPMorgan Chase (JPM) rose about 1% late in the morning while … Read more

Pepsi changes its Zero Sugar recipe

New York CNN — Pepsi Zero Sugar will soon taste different. The sugar-free soda unveiled a new recipe that uses a “new sweetener system” that gives it a “more refreshing and bolder taste profile” compared to its previous iteration, Pepsi announced Friday. Pepsi (PEP) did not reveal what specifically changed in the formula, although the … Read more