Money

New findings revealed about shocking China plane crash

Published

2 years ago

May 18, 2022

Natasha Schapova

New shocking information has been revealed about the China Eastern Airlines plane that crashed in March

The incident that killed 132 people was intentionally flown into the mountainside according to reports.

U.S. officials examined the plane’s black box, uncovering that people within the cockpit deliberately caused the Boeing 737 to veer out of control.

The plane was flying on-route at a normal altitude and speed before it nosedived into a mountain.

Initially experts speculated that the crash was caused by faults in the plane design, which is what caused two other fatal plane crashes in 2018 and 2019, but no officials have indicated any mechanical issues.

The pilot and co-pilot were allegedly in good health with no known motive for crashing the plane.

Chinese authorities say that no emergency code was sent from the plane, meaning it is unlikely that an intruder entered the cockpit.

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Natasha Schapova

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending