Jet2 plane makes emergency landing in Greece after passengers told that pilot fainted: report

A plane was forced to make an emergency landing in Greece Tuesday after a pilot was said to have fainted at 30,000 feet, reports said.

The co-pilot took control of a Jet2 flight that was bound from Birmingham, England to Antalya, Turkey, Birmingham Live reported.

Jet2

A Jet2 Boeing 737-800 aircraft as seen towed from the gates for the departure to Manchester, in Athens International Airport ATH Eleftherios Venizelos. (Nicolas Economou/NurPhoto via Getty Images / Getty Images)

PHOTOS FROM ALASKA AIRLINES FLIGHT SHOW METAL PANELING BREAKING AWAY FROM PLANE

The plane was forced to land in Thessaloniki, Greece, after the pilot had passed out as the flight experienced turbulence.

“While we were all [seated] we noticed something was going on at the front of the plane,” an unnamed passenger told the Birmingham news outlet. “We thought someone had hurt themselves in the toilet while experiencing

Donald Trump’s business faces twin probes set for big next steps

While Donald Trump has been focused in recent weeks on the fallout over the FBI search of his Mar-a-Lago home in Florida, two investigations into his business affairs back in New York could require his attention again soon.

Yahoo Finance spoke with a range of experts about what penalties could be ahead for Trump’s bottom line if his company finds itself criminally convicted or the subject of civil action, or both, in ongoing cases where the odds seem to be stacked against the former president.

“I’m anticipating very, very serious penalties,” says Norm Eisen, a former special counsel during the first impeachment and trial of Trump.

The overlapping investigations — and Trump’s exposure in other legal areas — could build on each other, says Eisen, who’s been tracking developments closely.

On one front, a criminal probe from the Manhattan District Attorney recently secured guilty pleas on 15 criminal tax

Truth Social Faces Uncertain Future Amid Concerns Over Trump’s Continued Controversies

  • A company seeking to merge with Truth Social cited Trump’s reputation as an “important factor” to its financial success in an SEC filing.
  • As Trump contends with ongoing legal battles, Digital World said its financial footing “could be adversely affected.”
  • Truth Social is accused of stiffing a vendor out of more than $1 million in contractually obligated payments.

The future of the former president’s 10-month-old social media platform, Truth Social, is on uncertain ground as the app faces huge financial losses and is accused of shorting its vendors amid Donald Trump’s continued legal controversies.

A planned merger between the Trump Media & Technology Group (TMTG), the business that created the Truth Social platform, and the special purpose acquisition company (SPAC) Digital World Acquisition Corp, has been postponed indefinitely as the Securities and Exchange Commission investigates the platform’s business dealings.

SPACs like Digital World are companies

Stars Coffee, anyone? Starbucks substitute opening in Russia

MOSCOW — People in Moscow who were disappointed when Starbucks closed its coffee shops after Russia sent troops into Ukraine may now feel a caffeine jolt of hope: A nearly identical operation is opening in the capital.

The name’s almost the same: Stars Coffee. The logo could be the separated-at-birth twin of the Starbucks mermaid, with flowing hair, a small enigmatic smile and a star atop her head — though instead of a Starbucks crown she wears a Russian headdress called a kokoshnik.

The menu, judging by the company app introduced a day before the store’s formal opening Friday, would look familiar to any Starbucks customer.

Starbucks said Thursday it had no comment on the new stores.

Image: A visitor speaks with employees at the newly-opened Stars Coffee cafe in Moscow, on August 19, 2022.
A visitor speaks with employees at the newly-opened Stars Coffee cafe in Moscow, on August 19, 2022.Natalia Kolesnikova / AFP – Getty Images

Seattle-based Starbucks was one of the most visible of

The twist no one saw coming for Bed Bath & Beyond


New York
CNN Business

This summer is all about sequels. We’ve had Top Gun, Jurassic World, Thor… and now we’re all buying tickets for GameStop Part 2: Bed Bath & Beyond.

Here’s the deal: Bed Bath & Beyond’s business has been circling the drain for a while, but the stock got a boost this spring when a prominent young investor took at 10% stake, aiming to push for changes that would modernize the company.

That investor was Ryan Cohen, the co-founder of Chewy.com. If the name rings a bell it’s probably because Cohen’s appointment in January 2021 to the board of GameStop helped spark a 1,600% rally in GME, turning the screws on short sellers and ushering in a new era for internet-based retail investors. Cohen is now the chairman of GameStop, and something of a Millennial Warren Buffett for non-professional traders on Reddit and other

Bed Bath & Beyond’s big dilemma: Can it survive?

Shares in Bed Bath & Beyond, a company that was plunged into the volatile world of meme-stock trading this year, fell approximately 41% Friday, days after its share price had more than doubled.

The immediate catalyst for the Friday sell-off appeared to be the same as the one that caused the brief run-up earlier in the week and well before it: activist investor Ryan Cohen.

Cohen, the co-founder of online pet retailer Chewy, has been at the vanguard of the meme-stock movement, having helped lead a recovery in the price of video game retailer GameStop after disclosing his purchase of a stake in that company in 2020 on the belief that it was undervalued.

In March, Cohen revealed his purchase of a 9.8% stake in Bed Bath & Beyond. Online retail investors took the announcement as a hint that the home goods retailer was Cohen’s next turnaround candidate. Cohen went

Gary Gensler’s gross SEC overreach

The Supreme Court may have recently struck down overreach by the Environmental Protection Agency, but at the Securities and Exchange Commission, chairman Gary Gensler remains undeterred in expanding the agency’s power beyond its constitutional boundaries.

For proof, you need no better example than his all-out assault on the cryptocurrency space.

It doesn’t take a constitutional law expert to understand that the SEC has limited jurisdiction over the crypto industry; barring congressional action, front line regulation of digital assets belongs with the Commodity Futures Trading Commission – the main regulator of investments that are not deemed traditional securities.

Yet Gensler, President Biden’s pick to run an agency intended to focus on stock scammers ripping off the unsuspecting, has dived headfirst into crypto like Eliot Ness going after Al Capone. If

Saving the Family Business in a Beach Town Where Money Talks

Gray Gardell-Gross stands behind the bar at Gig Shack, a restaurant that he took over from his parents, in Montauk, NY on Aug.  8, 2022. (Lindsay Morris/The New York Times)

Gray Gardell-Gross stands behind the bar at Gig Shack, a restaurant that he took over from his parents, in Montauk, NY on Aug. 8, 2022. (Lindsay Morris/The New York Times)

There are plenty of shiny, new hotels in Montauk, the beach town at the tip of Long Island’s East End, which has gone from rustic village to chic destination in the past two decades. There’s Marram, a sleek-looking lodge with Frette linens and meditation classes, and Montauk Beach House, which offers a new vegan restaurant and a half-acre beach club, to name a few.

Then there’s Daunt’s Albatross, a no-frills, 1950s motel, in the middle of it all. Leo Daunt, the motel’s 29-year-old general manager, is determined to make sure it stays relevant and independent in this land of big-money development deals. After all, the legacy of his family’s business is at stake.

As jet-setters and influencers continue to flock

Elvis Presley collector reveals why the King is more valuable 45 years after his death: ‘Truly an investment’

Elvis Presley may have left the building 45 years ago, but auction houses still feel the temperature rising.

In June of this year, Baz Luhrmann’s music biopic “Elvis” won its box-office dance-off with “Top Gun: Maverick,” ultimately grossing $31.1 million during the opening weekend. The film, starring Austin Butler as the “King of Rock ‘n’ Roll,” opened above expectations and resurrected one of the most iconic figures in American music.

Stephen M. Shutts, founder of Rockology Auctions in Nashville, Tennessee, told Fox Business the demand for all things Presley has skyrocketed following the film’s release – but the interest among veteran collectors has always been there.

Elvis Presley

Elvis Presley passed away on Aug. 16, 1977. (Photo by RB/Redferns / Getty Images)

“Historically, it’s gone up every year,” he explained. “I know when I talk among other collectors and historians like myself, we think, ‘Will it

Peloton is cutting jobs and hiking prices

It’s part of a major cost-cutting strategy as the beleaguered fitness company continues to make changes under its new CEO Barry McCarthy.
Peloton is laying off nearly 800 employees, McCarthy said in a staff memo that was first reported by Bloomberg. It’s part of an effort to “become more efficient, cost effective, and agile,” Peloton said in a statement to CNN Business.

The company will also hike prices by $500 for its Bike+ — bringing it back to $2,495, where it was before a price cut in April. And Peloton’s Tread treadmill is increasing by $800, making its new price $3,495.

“We have to make our revenues stop shrinking and start growing again,” McCarthy wrote. “Cash is oxygen. Oxygen is life.”

Other changes include “significantly reduc[ing]” 86 retail stores in North America, as well as outsourcing delivery — which is currently done by Peloton employees — and customer service