A Southwest Airlines plane takes off from Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Friday, July 12, 2024. Elijah Nouvelage | Bloomberg | Getty ImagesSouthwest Airlines is planning to reduce service to and from Atlanta next year, cutting more than 300 pilot and flight attendant positions, according to...
Category: News
Boeing sweetens labor proposal in ‘best and final’ offer as strike enters second week
Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon. Jordan Gale | AFP | Getty ImagesBoeing on Monday sweetened its contract offer and said it was its "best and final" proposal for its more than 30,000 machinists as their strike, which has halted...
Nike CEO John Donahoe is out, replaced by company veteran Elliott Hill
John Donahoe, CEO of Nike, attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.S., July 10, 2024.Brendan Mcdermid | ReutersNike on Thursday announced that its CEO John Donahoe is stepping down and company veteran Elliott Hill is...
Shein and Temu prices are set to get a lot higher as Biden takes aim at retailers linked to China
A man walking past a logo of fast fashion e-commerce company Shein outside its office in Guangzhou in southern China's Guangdong province. Jade Gao | Afp | Getty ImagesThe bottom of the barrel prices that have made Chinese-linked e-tailers Shein and Temu so popular with American consumers could soon rise if...
Restaurant chain BurgerFi files for Chapter 11 bankruptcy protection
A BurgerFi location is seen on August 20, 2024 in Arlington, Virginia. Tierney L. Cross | Getty ImagesBurgerFi filed for Chapter 11 bankruptcy protection on Tuesday, less than a month after it warned investors it had "substantial doubt" about its ability to operate.The company joins the growing list of restaurant chains...