Report: Here's how often flights arrive on-time at PTI Wed, 20 Jun 2018
A new report shows that passengers departing Piedmont Triad International Airport are more likely to leave on time than those who are arriving at the Greensboro airport.
In April, the on-time arrival rate for flights into PTI was 79.5 percent, compared to the on-time departure rate of 84.1 percent, according to the report by the U.S. Department of Transportation.
PTI is below the nationwide average on-time arrival rate of 81.3 percent. A flight is considered on time if it operated less than 15…
Prince siblings want out of contract with Jay-Z's Tidal Wed, 20 Jun 2018
Three of Prince's siblings are seeking to cancel a contract with Jay-Z's music streaming company Tidal over the rights to release some of the late singer's music.
The Star Tribune reports on the latest legal battle over Prince's vast catalog of songs, this time in Carver County District Court. Sharon, Norrine and John Nelson — three of Prince's six siblings and half-siblings who are playing a big role in his estate — pointed to allegations that Tidal inflated streaming numbers and argued that…
Disney ups bid for Fox to $71.3 billion, trying to knock out Comcast Wed, 20 Jun 2018
The Walt Disney Co., not to be outdone by rival Comcast, has sweetened its offer for Twentieth Century Fox.
Last week, Comcast (NASDAQ: CMCSA) made a $65 billion cash offer for the same entertainment assets at 21st Century Fox that Disney (NYSE: DIS) was set to buy.
Now, the house that Mickey Mouse built is raising its bid to $71.3 billion in cash and stock. Disney's original offer back in December was $52 billion in stock.
Both Comcast and Disney are pining for the Twentieth Century Fox Film…
Cooper to sign Build NC into law Wed, 20 Jun 2018
Legislation known as Build NC has received final approval from state lawmakers and is scheduled to be signed into law Wednesday afternoon by Gov. Roy Cooper. The bill would accelerate road-building projects by authorizing up to $3 billion in debt over the next 10 years.
Through the bill, the N.C. Department of Transportation can access debt capacity in the Highway Trust Fund for road projects. The bill was first presented by NCDOT Secretary James Trogden.
“Trogden promised to deliver a much…
Walgreens replacing GE on the Dow, ending run of 111 years Wed, 20 Jun 2018
Walgreens Boots Alliance will supplant General Electric Co. in the Dow Jones Industrial Average (DJIA), per the S&P Dow Jones Indices.
The change is effective Tuesday, June 26 prior to market open.
The move marks another blow for troubled GE, which once had the highest market value of any U.S. corporation, per The Wall Street Journal. Its shares have fallen more than 50 percent in the last year.
“General Electric was an original member of the DJIA in 1896 and a member continuously since 1907,”…
Here are college majors with the highest jobless rates Wed, 20 Jun 2018
As graduation season comes into full swing, a new study shows which college major have the smallest payoffs in terms of landing jobs.
While college graduates are entering the job market with a 10-year low unemployment rate of 3.9 percent, some jobs still will be harder to get.
Credit Sesame wanted to see how unemployment statistics vary by college major. Researchers analyzed U.S. Census Bureau data and community surveys compiled by the New York Federal Reserve.
Most of the majors with higher…
American Airlines' regional carrier collapse in CLT felt as far as Chicago Wed, 20 Jun 2018
American Airlines’ massive regional carrier meltdown, which had its epicenter at the AA hub at Charlotte Douglas International Airport, has been felt as far afield as Chicago’s O’Hare International Airport.
The mess began to manifest itself in a major way last Thursday when American Airlines (NASDAQ: AAL) reported a significant number of flights operated by PSA, a regional carrier wholly owned by American, were being canceled because of an IT glitch.
At first, AA was vague about the exact…
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