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The airlines suspending flights to Israel

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United Airlines, Delta, and American Airlines have canceled flights between the United States and Tel Aviv.

El Al Israel Airlines has now responded, stating they are ready to operate extra flights as required “to keep Israel’s skies open”. 

According to the airline, This could include special flights to repatriate Israelis stranded “in locations from which it is not possible to return home,”

United Airlines says it had canceled flights from Chicago and Newark to Tel Aviv on May 11 and flights from San Francisco and Newark on May 12.

Meanwhile Delta airlines say it has issued a travel wavier for flights between May 11 and 13 and has “no determination about resumption” at this point in time. 

American Airlines has not responded for comment. 

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Why the meme-stock frenzy is unlikely to repeat

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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

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Why are airlines after the Biden Administration?

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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

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The mounting pressure on Government spends

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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

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