A pilot shortage has prompted American Airlines to end services beginning in September to four airports in Iowa, New York and Ohio, the company has announced.
Category Archives: business
Fed Chair Jerome Powell plans to continue interest rate hikes, which he warns could lead to a recession
Federal Reserve Chairman Jerome Powell signaled the U.S. economy is at risk of tipping into a recession.
Demand for adjustable-rate mortgages surges, as interest rates make biggest jump in 13 years
Mortgage applications to purchase a home rose 8% last week compared with the previous week, bolstered in part by demand for adjustable-rate mortgages.
Tesla worker rejects $15 million payout in race bias lawsuit
A Black former elevator operator at Tesla’s flagship California assembly plant on Tuesday rejected a $15 million award in his lawsuit alleging racial abuse by
More than 1,300 Southwest Airlines pilots march on picket line, say they're overworked and underpaid
More than 1,300 Southwest Airlines pilots stood on a picket line Tuesday in Dallas, sounding off about what they say are unfair working conditions.
Biden appoints first Native American as U.S. treasurer, with signature on money
Treasury Secretary Janet Yellen will announce the nomination of Mohegan Indian Tribe Lifetime Chief Marilynn Malerba as U.S. treasurer.
Kellogg shares jump on plans to separate into three companies
Kellogg is planning to separate into three independent public companies, sectioning off its iconic brands into distinct snacking, cereal and plant-based businesses.
Twitter is a step closer to approving $44 billion buyout deal with Elon Musk
Twitter’s board of directors advised shareholders to approve the $44 billion buyout deal Elon Musk first proposed in April.
Tesla sued by former employees over 'mass layoff'
Former Tesla employees have filed a lawsuit against the U.S. electric car company alleging its decision to carry out a “mass layoff” violated federal law as
Dartmouth College is eliminating student loans and replacing them with scholarships
Dartmouth College is removing all federal and institutional loans from its undergraduate financial aid awards and replacing them with expanded scholarship grants.