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Wall Street Week | Dudley on Powell, Saudi Arabia Tourism, Israeli Tech Economy, Megapass Skiing

This week, former New York Fed President Bill Dudley discusses the Justice Department’s criminal investigation of Fed Chair Jay Powell. And,Saudi Arabia is betting big on tourism to diversify its economy and transform how the world sees the Kingdom. Plus, Israel’s startup economy after the war, and how the Epic and Ikon passes transformed skiing, boosted growth, and forced resorts and skiers to weigh scale against experience. (Source: Bloomberg)

116-year-old shoe store shuts doors in widening retail crisis

Back in the 1980s, when I needed new sneakers, my mother took me to a local retail store, The Athletes Corner. In that store, once you selected the shoes you might want, someone measured your foot, brought you sneakers to try on, and made sure they fit correctly. That type of hands-on customer ...

Locals protest for airline to stop flights, cancel certain route

While airlines will determine which flights to run based on their potential to bring in traffic and thereby generate revenue, making decisions based on traffic alone would leave many rural areas cut off from the rest of the country and the world. In the U.S., government programs such as Essential ...

NASA Starts Artemis II Roll Out to Kennedy Space Center

NASA started rolled out of Artemis II to the Kennedy Space Center launch pad, in Florida, on Saturday. The mission is a milestone in the lunar space race between the US and China. The rockets short 4-mile long trip will take the team as long as 12 hours, according to a NASA. (Source: Bloomberg)

Das stille Comeback des ewigen Lufthansa-Rivalen

In aller Stille baut Vorstandschef Peter Gerber den früheren Pleite-Flieger Condor zum ernsthaften Konkurrenten für die Lufthansa auf. Möglich machen das geschickte Allianzen, wie er im Interview verrät.