Southwest Airlines passengers faced a fourth day of travel woes on Monday as hundreds more flights were canceled.
Category Archives: business
Spiking energy prices mean more than just pain at the pump
“This is not a short-term disruption — this is a problematic issue that’s not going to go away for a while,” said one logistics expert.
Chart: Gas prices hit a new high. Here's how much a gallon costs now.
Across the country, gas prices are highest in the West.
Trio based in U.S. win Nobel Prize in economics
Three U.S-based economists on Monday won the 2021 Nobel prize for economics for work on drawing conclusions from unintended experiments.
Southwest cancels 1k more flights as disruptions mount
The Dallas-based airline blamed the disruptions on air traffic control issues in Florida and bad weather but other airlines in the region reported far fewer cancellations.
Silicon Valley area food banks strain under growing logistical needs
“Infrastructure requirements have sorely taxed the charitable food system at a time when demand is still extraordinarily high,” one expert said.
When private-equity firms buy companies, often the first place they cut costs is your paycheck
Workers at some fast-food chains owned by public firms are getting better wages now. It’s a different story at restaurants owned by private-equity firms.
Here's why a sweeping energy crisis is hitting the world right now
Homes and factories across China are shrouded in darkness. British utilities firms have gone bust. And a harsh U.S. winter could deliver expensive heating costs.
What's behind the lackluster September jobs report
The latest jobs report shows that while there is plenty of work available, Americans don’t want to work or shop where they have higher risks of contracting the coronavirus.
World leaders reach landmark deal on global corporate tax rate
The breakthrough comes after changes were made, notably that the new 15 percent rate will not be increased at a later date, and that small businesses will not be hit with the new rates.