A Southwest Airlines Boeing 737 departs Los Angeles International Airport en route to Las Vegas on September 19, 2024 in Los Angeles, California. Kevin Carter | Getty ImagesThe Department of Transportation on Wednesday sued Southwest Airlines, alleging the carrier operated chronically delayed flights, and fined Frontier Airlines for late-arriving flights.The lawsuit...
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Hindenburg Research founder says he’s closing short-seller research shop
Nate Anderson on January 6, 2023 in New York. Anderson exposes corporate fraud and ponzi schemes through his company Hindenburg Research.The Washington Post | The Washington Post | Getty ImagesHindenburg Research, an upstart research and investment firm that made a name for itself with several successful short bets, is closing,...
JPMorgan Chase is boosting buybacks even after CEO Jamie Dimon called the stock expensive
CEO of Chase Jamie Dimon looks on as he attends the seventh "Choose France Summit", aiming to attract foreign investors to the country, at the Chateau de Versailles, outside Paris, on May 13, 2024. Ludovic Marin | Via ReutersJPMorgan Chase executives said the bank would increase share buybacks so that a...
New Zealand won’t ‘get rich’ by focusing trade in the South Pacific alone, PM says
Cattle photographed in New Zealand. Agriculture plays a major role in New Zealand's economy, especially when it comes to exports.David Clapp | Stone | Getty ImagesNew Zealand's prime minister told CNBC the country has to look beyond its own backyard for trade opportunities, as the South Pacific island nation signs an...
Netflix and Comcast among companies donating to LA wildfire relief effort
Evacuees from the Eaton fire look through boxes of clothes at a donation center in Santa Anita Park, Arcadia, California, Jan. 13, 2025.Etienne Laurent | AFP | Getty ImagesAs Los Angeles continues to battle wildfires that have destroyed parts of the city and killed at least 24 people, companies are...