After several years of deep distress, the beleaguered U.S. office market has reached an inflection point. This year, office conversions and demolitions will exceed new construction for the first time in at least 25 years.Simply put, more office space is being removed than added, shrinking the overall office footprint, according...
Category: News
Caviar and privacy: Airlines’ business-class wars are here
American Airlines new business-class suite.American AirlinesDALLAS — Armed with dollops of caviar and handfuls of Bang & Olufsen headphones, U.S. airlines are duking it out for international business-class dominance. There are even differences between seats in the same cabin.Next week, American Airlines plans to start flying its upgraded business-class "suites"...
Movie theater stocks soar after record-breaking Memorial Day box office
Still from Disney's newest live-action remake "Lilo & Stitch."DisneyShares of movie theater companies soared on Tuesday following a record-breaking Memorial Day Weekend at the domestic box office.AMC saw its stock jump more than 23%, while shares of Marcus Theatres' parent company Marcus Corporation climbed 10% and Cinemark stock leaped nearly...
United Airlines reaches ‘industry-leading’ labor deal with flight attendants, union says
United Airline flight attendants picketed outside Terminal B at Logan Airport Thursday morning seeking a new contract.John Tlumacki | Boston Globe | Getty ImagesUnited Airlines reached an "industry-leading" tentative labor deal for its 28,000 flight attendants, their union said Friday.The deal includes "40% of total economic improvements" in the first...
Nike will raise prices on a wide range of products as soon as this week
Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump's decision to impose import tariffs on dozens of countries, in King of Prussia, Pennsylvania, U.S., April 3, 2025. Rachel Wisniewski | ReutersNike will raise...