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Airlines are facing ‘mission of the century’ in shipping COVID vaccines

Airlines are facing ‘mission of the century’ in shipping COVID vaccines

In cooled warehouses on the fringes of Frankfurt airport, Deutsche Lufthansa AG is preparing its depleted fleet for the gargantuan task of airlifting millions of doses of the vaccines meant to end the global pandemic. Lufthansa, one of the world’s biggest cargo carriers, began planning in April in anticipation of the shots that Pfizer Inc. to Moderna Inc. and AstraZeneca…

British economists are extremely bothered that public debt keeps being likened to credit cards

This holiday season, a group of progressive British economists are asking for just one thing: When it comes to explaining the country’s spiraling public debt, a personal credit card is not the metaphor you’re looking for. The use of such metaphors to explain public finances, including by the U.K.’s state broadcaster, is “inappropriate,” the economists said in an open letter,…

A morose Monday can’t mess up the markets’ magnificent November

This is the web version of Bull Sheet, a no-nonsense daily newsletter on what’s happening in the markets. Sign up to get it delivered free to your inbox. Good evening, Bull Sheeters. This is Fortune finance reporter Rey Mashayekhi filling in this week for Bernhard, who’s taking a well-deserved break. While he’s out, I’ll be recapping the day’s finance- and market-related news with a…

Meet Rumble, the YouTube rival that’s popular with conservatives

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Three months ago, YouTube copycat Rumble was filled with home recordings of people’s family, friends, and pets. But after Republican Rep. Devin Nunes of California joined the service in August, other conservatives followed, helping add tens of thousands of new…

Hawaii seeks to be seen as a remote workplace with a view

Software engineer Raymond Berger begins his work day at 5 a.m., before the sun comes up over Hawaii. Rising early is necessary because the company he works for is in New York City, five hours ahead of Maui, where he is renting a home with a backyard that’s near the beach. “It’s a little hard with the time zone difference,”…

What could happen to the economy if Biden canceled the majority of student loan debt?

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Senate Minority Leader Chuck Schumer caused a stir earlier this month when he stated his hope for President-elect Joe Biden’s administration to forgive $50,000 of federal student loan debt for the majority of Americans. Such an idea endorsed by a…

Can your boss make you get a COVID vaccine? Probably

The pandemic has taken a devastating toll on millions of U.S. businesses, but now there’s light at the end of tunnel. In the coming weeks, drug makers are poised to distribute highly effective COVID vaccines that could soon end the outbreak. So long as people agree to get vaccinated. The advent of the vaccines is great news for the country.…

Kim Jong-un likely to let his missiles do the talking as Biden enters the White House

North Korea has greeted the last two U.S. presidents with tests of missiles or nuclear bombs within weeks of taking office. And experts see the same happening with Joe Biden, whom the regime has called “a rabid dog.” Kim Jong-un is one of the few world leaders who has yet to congratulate—or even acknowledge—the president-elect, particularly after Chinese President Xi…

These 5 major gym chains still make it annoyingly hard to quit

Gyms have been among COVID-19’s most dramatically impacted victims, due to the transmission risks of packing heavily breathing people into a confined space for hours at a time. But there’s one thing the pandemic hasn’t changed: It’s still exasperatingly difficult to get out of a gym contract. Fitness clubs have long relied on long-term membership agreements to prevent flighty customers…

11 Things You Should Know Before You Get Your First Credit Card

A credit card may seem like just another tool to help you make purchases, but it can be much more. When used responsibly, a credit card can help you build

What Is a Balance Transfer, and Should I Consider Doing One?

In a perfect world, no one would carry a balance on their credit card. We would all pay our bills in full each month and never have to worry about

How Is Credit Card Interest Calculated?

So your bank tells you that your credit card has a 15% APR. What does that actually mean? How does your bank calculate your interest rate, and how does that translate into how much you actually pay? …

What Is a Balance Transfer, and Should I Consider Doing One?

In a perfect world, no one would carry a balance on their credit card. We would all pay our bills in full each month and never have to worry about

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