Alaska Airlines restores operations after tech outage grounds flights

Alaska Airlines restores operations after tech outage grounds flights

An Alaska Airlines Boeing 737 Max-9 aircraft grounded at Seattle-Tacoma International Airport (SEA) in Seattle, Washington, US, on Saturday, Jan. 6, 2024. David Ryder | Bloomberg | Getty Images U.S. carrier Alaska Airlines said early on Friday it had restored operations following a technology outage that grounded flights across all airports and led to the cancellation of more…

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How to tackle private credit’s ‘cockroaches’ as contagion fears build

How to tackle private credit’s ‘cockroaches’ as contagion fears build

Private credit investors say active portfolio management, tighter lending standards and greater risk discipline are now paramount as the sector navigates rising default rates. After J.P. Morgan CEO Jamie Dimon warned last week of “cockroaches” lurking in private markets, fears of contagion and a potential repeat of the 2008 subprime lending crisis have driven central…

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Things are looking up for lagging Dover as shares pop more than 6%

Things are looking up for lagging Dover as shares pop more than 6%

Industrial conglomerate Dover reported better-than-expected third-quarter profits Thursday and gave skeptical investors plenty to like, sending the stock up more than 6%. Revenue rose 4.7% year over year to $2.08 billion, missing the consensus of $2.11 billion, according to estimates compiled by LSEG. Adjusted earnings per share (EPS) in the three months ended Sept. 30…

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These top dividend stock picks can help power your portfolio higher, says investor Kevin Simpson

These top dividend stock picks can help power your portfolio higher, says investor Kevin Simpson

Investors looking to earn income and keep pace with inflation should turn to dividend-growth stocks, according to investor Kevin Simpson. Dividend stocks in general should get a boost from the Federal Reserve ‘s rate-cutting cycle, he said. As yields come down in bonds, dividend payers begin to look relatively more attractive to income investors. The…

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