Roughly 3,500 flights have been canceled since Friday, repeating Memorial Day’s mayhem. Though heat is a factor, experts say the crux of the issue is how the industry handled the billions of dollars they received in pandemic relief initially meant to ensure post-pandemic travel. Staffing shortages continue to fuel disruptions after thousands of employees left the industry. After the holiday weekend chaos, airlines are under pressure ahead of July 4th, when millions more are expected to fly.
Category Archives: business
Here's why this housing downturn is nothing like the last one
Is today’s housing market in the same predicament that it was over a decade ago, when the 2007-08 crash caused the Great Recession? The short answer is: no.
‘Problematic’ or a ‘positive step forward?’: Sexualized Pride ads stir debate
Postmates, Burger King, Dr Pepper and even toilet paper brand Cottonelle have run ads that make oblique references to anal sex.
Renewable Energy Certificates may overstate corporate environmental efforts
The reliance of many major companies on a certain type of highly scrutinized energy credit could be an indicator that the private sector is far behind efforts
Apple employees at Maryland store vote to unionize, a first for the tech giant in U.S.
Employees of an Apple store in Towson, Maryland, have voted in favor of union representation, a first for the tech giant in the United States.
Too big to sanction? A large Russian bank still operates freely because it helps Europe get Russian gas
Ukraine is urging the U.S. and the EU to sanction a major Russian bank, Gazprombank, that still operates freely due its role in natural gas sales to Europe.
WWE's Vince McMahon steps back from leadership post during misconduct probe
World Wrestling Entertainment announced Friday that its famed CEO, Vince McMahon, has stepped back from from his leadership responsibilities as the company investigates misconduct claims against its longtime head.
Frustrations mount for Southwest Airlines pilots as summer travel picks up
Southwest Airlines pilots on Friday added themselves to the list of disgruntled commercial aviators dealing with labor shortages, cancellations, fatigue and
Thousands more flights canceled as transportation secretary meets with CEOs over summer air chaos
Thousands of flights have been canceled or delayed in the past 48 hours due to disruptive weather, leaving travelers across the U.S. stranded for hours as
Fed promises 'unconditional' approach to taking down inflation in report to Congress
Federal Reserve officials rolled out strong language Friday to describe their approach to inflation, promising a full-fledged effort to restore price stability.