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Apr 29, 2024 11:07 pm

The airline agreed to the compensation program after the holiday meltdown that resulted in 16,900 flight cancellations and stranded 2 million passengers. The settlement included a $35 million cash fin...

Paramount Global ousts CEO Bob Bakish, replaces him with trio of execs as it eyes Skydance merger

Apr 29, 2024 8:33 pm

The move comes as Bakish has clashed with Paramount controlling shareholder Shari Redstone.

WeWork rejects Adam Neumann?s $650M bid, reaches bankruptcy deal with creditors

Apr 29, 2024 8:30 pm

?Fearless Girl? sculptor, State Street settle lawsuit over sale of replicas

Apr 29, 2024 8:19 pm

How California?s minimum-wage law could shrink the Subway sandwich chain to its smallest size in decades

Apr 29, 2024 7:29 pm

"You'll see a lot more people deciding to close when their leases expire," a California franchisee said, explaining that Subways lease their spaces usually with five-year options.

Elon Musk teases X TV in latest bid to make social media platform ?the everything app?

Apr 29, 2024 7:21 pm

A 12-second clip Musk shared to X showcased the forthcoming network's logo for the first time as it flashed across a stack of old televisions.

Lawmakers want to ban Wall Street from buying up more single-family homes across the US

Apr 29, 2024 7:14 pm

Democrats in the Senate and House have reportedly sponsored legislation which would force large owners of single-family residences to sell their swath of homes to family buyers.

Hotel workers plan May Day rally in 18 cities to demand pay hikes after pandemic cuts

Apr 29, 2024 4:55 pm

Thousands of unionized hotel workers plan to stage a rally in nearly 20 cities on May 1 to demand significant pay raises ahead of contract negotiations with major chains.

Ex-McKinsey partner claims he was made opioids ?scapegoat? in suit against firm

Apr 29, 2024 4:20 pm

A former McKinsey & Co partner sued the global consulting firm for defaming him and making him a "scapegoat" to distract attention from its work advising OxyContin-maker Purdue Pharma.

Supreme Court turns away Elon Musk?s appeal to toss SEC settlement over Tesla tweets

Apr 29, 2024 4:18 pm

The settlement came after Musk said on social media that he had "funding secured" to take Tesla private -- which the SEC in a legal action called false and misleading.