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Browsing: Business

Business

Budget airlines reportedly ask federal government for $2.5B in aid tied to rising jet fuel costs

A group of budget airlines is reportedly seeking financial assistance from the federal government that could convert to an equity stake in the air car...

Business

United Airlines drops merger pursuit with American, CEO Kirby details why

United Airlines on Monday announced that it's ending its pursuit of a potential merger with American Airlines after its rival rebuffed an initial appr...

Business

Princess Cruises ship recovers 5 bodies in Mediterranean during voyage

A Princess Cruises ship recovered five bodies from the water during a voyage in Europe this month, the company confirmed.The Sapphire Princess altered...

Business

GOP senator drops opposition to Trump Fed chair nomination after DOJ decision

Now that the Justice Department has dropped its Federal Reserve probe, Sen. Thom Tillis, R-N.C., has said that he is willing to vote to confirm Kevin...

Business

Gordon Chang: US should expand sanctions on China-linked networks to hit Iran oil revenue

The United States is ramping up pressure on Iran by targeting the economic lifelines that help keep its oil flowing, with a particular focus on China’...

Business

Tech titans Elon Musk and Sam Altman head to court in trial over OpenAI: What to know

Elon Musk's lawsuit claiming that OpenAI violated its mission as a nonprofit organization moves to trial on Monday as jury selection gets underway in...

Business

California billionaire tax nears ballot after union collects nearly double required signatures

After months of campaigning for a first-of-its-kind retroactive wealth tax in California, the union-led effort is now taking its next step.The Service...

Business

Chocolate sold nationwide recalled over undeclared allergen posing potential 'life-threatening' risk

A gourmet chocolate maker is recalling select bonbon collections sold nationwide after a labeling error failed to disclose the presence of walnuts, po...

Business

Chevron CEO warns aviation strain could worsen as jet fuel crunch deepens

Chevron CEO Mike Wirth warned that strain on the aviation industry could intensify in the coming weeks as jet fuel supplies tighten, driven by disrupt...

Business

The $1,600 lettuce: California growers warn of ‘master plan’ strangling family farms

In the rugged, salt-sprayed hills of Malibu and the sun-drenched valleys of Moorpark, the Golden State is losing its luster.For nearly 80 years, Larry...

Business

Five financial mistakes Americans in their 30s and 40s are making, expert warns

Americans are facing mounting financial pressure, but even small changes to everyday habits could make a major impact on long-term wealth, one expert...

Business

Major airline reportedly plans private bathrooms inside first-class suites — pushing luxury to new extreme

A major airline is looking to take luxury travel to new heights.Dubai-based Emirates is exploring a major upgrade to its first-class experience — intr...