After this summer of horrible hurricanes, many regions and islands were completely destroyed. The Caribbean is still rebuilding, but travel to the area has returned.
One of the first airlines to get back into the region was Tradewind Aviation. The private airline company was the first on the ground in St. Barts after Hurricane Irma passed through the region. Brothers and co-founders David and Eric Zipkin join Cheddar to explain that despite the devastation, the Caribbean is picking up and moving forward.
The co-founders also discuss their new agreement with United Airlines. The private aviation company has entered into an agreement where customers can book travel to one of Tradewind's island destinations through United Airlines.
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
