Politics
Even discount airfares are on the rise thanks to higher fuel costs and strong demand, Frontier CEO says
Travelers can expect higher airfares this spring and summer, even on discount airlines. Frontier Airlines CEO Barry Biffle told CNBC’s “Closing Bell” Friday that bookings and what travelers are paying for tickets as well as add-ons like baggage fees are the highest in the pandemic. “Even with the high fuel prices we believe we can […]
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Senate Democrat Wyden says Supreme Court Justice Thomas should recuse in cases involving Trump, Jan. 6 Capitol riot
Supreme Court Associate Justice Clarence Thomas, left and his wife Virginia Thomas, right, leave the the Basilica of the National Shrine of the Immaculate Conception in Washington after attending funeral services of the late Supreme Court Associate Justice Antonin Scalia, on Feb. 20, 2016. Pablo Martinez Monsivais | AP A top Senate Democrat on Friday […]
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Venture capital fund backed by Russian oligarch Abramovich removes all traces of operations online
Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason | Getty Images A venture capital fund backed by sanctioned Russian billionaire Roman Abramovich appears to be trying to wipe any trace of its […]
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Wisconsin senator urges Kohl’s to reject buyout offers that threaten jobs in retailer’s home state
A view outside a Kohl’s store in Miramar, Florida. Johnny Louis | Getty Images A U.S. senator from Wisconsin is urging Kohl’s to not accept any buyout offer that might precede a bankruptcy filing or threaten workers’ jobs in the retailer’s home state. Sen. Tammy Baldwin, a Democrat, sent a letter to Kohl’s board of […]
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Treasury Secretary Yellen sees no need for China sanctions as U.S. tries to deter aid to Russia
Treasury Secretary Janet Yellen on Friday said she does not believe the U.S. should impose sanctions on China because of its ties to Russia. “I don’t think that that’s necessary or appropriate,” the Treasury secretary told “Squawk Box” of potential penalties on Beijing. “Senior administration officials are talking privately and quietly with China to make […]
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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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Treasury Secretary Yellen says Russian oligarch Abramovich ‘could face sanctions’ by U.S.
Chelsea owner Roman Abramovich looks on after their 3-1 win in the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason | Getty Images Treasury Secretary Janet Yellen said Russian billionaire Roman Abramovich “could face sanctions,” despite his claims of being a peace-broker between […]
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EU and U.S. agree to new data-sharing pact, offering some respite for Big Tech
U.S. President Joe Biden, right, arrives with European Commission President Ursula von der Leyen for an EU leaders summit in Brussels on June 15, 2021. Thierry Monasse | Bloomberg via Getty Images The European Union and U.S. on Friday announced they had agreed “in principle” a new framework for cross-border data transfers, providing some much-needed […]
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Biden heads to Poland to showcase the human cost of Russia’s war on Ukraine
US President Joe Biden makes a statement about Russia with European Commission President at the US Chief of Mission residence in Brussels, on March 25, 2022. Brendan Smialowski | Afp | Getty Images President Joe Biden will land in to Rzeszow, Poland, on Friday to begin the second leg of his emergency trip to Europe, […]
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks to end a volatile week on a high note Traders on the floor of the NYSE, March 18, 2022. Source: NYSE 2. EU strikes gas deal with the U.S. to cut reliance on Russia […]
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