Breaking News: Business
FAA will keep ‘zero tolerance’ policy toward unruly passengers, outgoing chief says
Federal Aviation Administration chief Steve Dickson said Friday that the agency’s “zero tolerance” policy toward unruly passengers will continue, even though reports of bad behavior have declined from last year’s record. The FAA established the policy in January 2021 in hopes of stemming a surge of disruptive passengers, threatening fines of up to $35,000 and […]
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Bed Bath & Beyond shares jump after retailer strikes deal with activist investor Ryan Cohen
A person enters a Bed Bath & Beyond store on October 01, 2021 in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Bed Bath & Beyond announced Friday that it has struck a deal with activist investor Ryan Cohen, sending shares of the company up about 6% in premarket trading. […]
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Here are seven milestones and storylines to watch for at the Academy Awards
Ariana DeBose stars as Anita in Steven Spielberg’s new “West Side Story” movie. 20th Century Studios LOS ANGELES – Hollywood’s biggest night is Sunday, and there could be plenty of history made. With the diversity in this year’s crop of Oscar nominees, audiences are likely to see a number of milestones set. The academy often […]
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Southwest Airlines launches a new, second-cheapest fare
A Southwest Airlines Boeing 737 passenger jet takes off from San Antonio International Airport in Texas. Robert Alexander | Archive Photos | Getty Images Southwest Airlines on Thursday unveiled its new fare class: a second-cheapest option it hopes will reel in customers willing to pay up for more flexibility. The “Wanna Get Away Plus” fare […]
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Olive Garden parent’s earnings miss estimates, company lowers fiscal 2022 outlook
An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | Getty Images Darden Restaurants on Thursday reported quarterly earnings and revenue that missed analysts’ expectations, saying the omicron variant of Covid-19 led to disappointing sales for its Olive Garden chain. The company also lowered its earnings outlook for fiscal 2022, expecting that […]
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BlackRock’s Larry Fink, who oversees $10 trillion, says Russia-Ukraine war is ending globalization
Larry Fink, chief executive officer of BlackRock Inc., in Zurich, Switzerland, on Thursday, March 7, 2019. Stefan Wermuth | Bloomberg via Getty Images Larry Fink, the CEO and chairman of the world’s biggest asset manager BlackRock, said Russia’s invasion of Ukraine has upended the world order that had been in place since the end of […]
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Alaska Airlines to convert 2 more Boeing jets into freighters in bet on air cargo boom
Alaska Airlines employee Jeff Ferguson loads cargo at Ted Stevens Anchorage International Airport in Anchorage, Alaska. Mark Thiessen | AP Alaska Airlines is turning two of its midlife Boeing 737-800s into cargo planes, a bet that the pandemic boom in air freight will continue to generate revenue even after more passengers return to travel. The […]
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Walmart sues BJ’s Wholesale claiming it stole self-checkout technology
Shoppers stock up on merchandise at a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson | Getty Images Walmart and its big-box warehouse subsidiary Sam’s Club accused rival retailer BJ’s Wholesale Club in a lawsuit filed Tuesday of stealing technology that powers a popular self-checkout option in the Sam’s Club mobile […]
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Omicron BA.2 subvariant will soon dominate in U.S., but Fauci doesn’t expect another surge
Dr. Anthony Fauci speaks about the Omicron coronavirus variant during a press briefing at the White House in Washington, December 1, 2021. Kevin Lamarque | Reuters Omicron’s more contagious subvariant, BA.2, has more than doubled in prevalence over the past two weeks in the U.S. and now represents more than 34% of Covid-19 infections that […]
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Beyond Meat and PepsiCo launch meatless jerky as the first product under their partnership
PLANeT Partnership’s new meatless jerky alternative Source: Beyond Meat Beyond Meat and PepsiCo announced Wednesday they will launch meatless jerky as the first product under their PLANeT Partnership joint venture. The new product is rolling out to grocery stores this month in three flavors: original, hot and spicy, and teriyaki. Protein from peas and mung […]
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