JetBlue Raises Bag Fees as Fuel Costs Jump
JetBlue Airways is increasing checked baggage fees as fuel prices surge in the wake of the war involving Iran, adding another sign that higher energy costs are beginning to reach U.S. travelers
Netflix Lifts Prices Across All Plans
Streaming leader raises monthly rates again Netflix has increased prices across its U.S. subscription lineup, pushing monthly costs higher for every main plan as the company leans on pricing power to support
Meta layoffs clash with massive exec pay plan
Job cuts and billion-dollar incentives highlight a company in transition toward artificial intelligence Meta has entered another turbulent phase, cutting hundreds of jobs while simultaneously unveiling an executive compensation plan that could
Starbucks Cuts 1,000 Jobs and Trims Menu to Boost Sales
Starbucks announced on Monday it will lay off over 1,000 corporate employees and eliminate complex and unpopular drinks from its menu in an effort to reverse declining sales and revitalize the coffee
Apple to Invest $500 Billion in U.S., Build New Texas Factory
Apple announced on Monday its plan to invest over $500 billion in the United States over the next four years, including hiring 20,000 people and building a new server factory in Texas.
Meta Increases Executive Bonuses Amid Layoffs and Growth
Executives at Meta are set to receive bigger bonuses this year after the company approved an increase in the target bonus percentage for its annual executive bonus plan. According to a corporate
U.S. Business Activity Slows Amid Tariff and Spending Concerns
U.S. business activity nearly stalled in February as mounting concerns over tariffs on imports and significant federal government spending cuts dampened economic optimism. According to S&P Global’s report on Friday, business activity
HSBC Reports 3% Workforce Reduction and Stable Bonus Pool
HSBC’s headcount fell by 3% in 2024 while its staff bonus pool remained largely unchanged, according to the bank’s financial report issued on Wednesday. The Asia-focused lender continues to focus on cost-cutting
JetBlue Seeks New Airline Partnership After DOJ Block
JetBlue Airways announced on Wednesday that it is in discussions with multiple airlines to establish a new partnership and is prepared to allocate additional funds to secure a deal. Exploring New Partnerships
Southwest Airlines Announces First-Ever Mass Layoffs
Southwest Airlines said Monday it will cut 15% of its corporate workforce, or 1,750 people — marking the first mass layoffs in the company’s history. Details of the Workforce Reduction The layoffs,
Coca-Cola Enters the Prebiotic Soda Market with Simply Pop
Prebiotic sodas are trending, and Coca-Cola is joining the craze with its latest launch: Simply Pop. The new beverage line, under the Simply Beverages brand, offers Coca-Cola’s first-ever prebiotic soda, promising “real
Blue Origin’s New Glenn Completes First Test Flight
The 320-foot-tall (98-meter-tall) New Glenn rocket successfully lifted off for the first time on January 16 from Florida’s Space Coast. The test flight achieved its primary objective, delivering a test version of
JP Morgan Struggles With Office Space as It Ends Remote Work
JP Morgan Faces Space Crunch in London HQ JP Morgan is facing a shortage of desk space at its Canary Wharf headquarters as it pushes its 22,000 UK employees to return to