Recent Stories
Spirit Airlines files for bankruptcy
Spirit Airlines filed for bankruptcy protection Monday, as mounting losses, unaffordable debt, increased competition for bargain-seeking airline passengers and the inability to merge with other airlines left it little choice.
Boeing got the easy part done. Now comes the tougher, existential problems
Boeing’s most immediate problem – an eight-week strike by 33,000 workers – is over. But its more serious problems – ongoing massive losses, quality and safety problems – are as bad as ever, and could even get worse.
Striking port workers to return to work Friday as negotiators reach an agreement on wages
Striking members of the International Longshoremen’s Association (ILA) will be back to work on Friday, the union announced Thursday evening, as it reached a tentative deal with the management group representing shipping lines, terminal operators and port authorities.
Time running out to avoid crippling US port strike
Time is running out to avoid a work stoppage at ports along the entire East and Gulf Coasts in what could become the most disruptive strike to the US economy in decades.
Southwest reveals when and how it will get rid of open seating
Southwest Airlines’ substantial changes to its business and boarding process are coming – but not for a while. Open seating isn’t going away for more than a year. The airline said on Thursday that its passengers will be able to book a reserved seat in late 2025 and those seats will start to become available on flights in early 2026.
Boeing is raising its offer to end the strike
Boeing announced Monday that it raised its offer to the International Association of Machinists (IAM) union as the strike against the company enters its 11th day
Boeing’s next big problem could be a strike by 32,000 workers
Boeing has experienced all manner of bad news in the last six years, and almost nothing but problems. Later this month it could add a strike by 32,000 workers to its list of woes.
Why Delta is still canceling flights as other airlines return to normal
Three days after a computer update problem caused more than 5,000 flight cancellations around the world, things are pretty much back to normal — except at Delta Air Lines.
NFL hit with jury verdict in ‘Sunday Ticket’ antitrust trial that could reach $14.1 billion
A jury ordered the NFL on Thursday to pay more than $4.7 billion for anti-trust violations surrounding its “Sunday Ticket” package, which lets fans watch games outside of their home markets but required them to buy access to a bundle of games to do so.
Musk accused of improperly selling $7.5 billion in Tesla stock before weak sales report that crashed its price
Elon Musk and the Tesla board are facing a shareholder suit over his sale of $7.5 billion worth of Tesla shares in late 2022, ahead of a January 2023 sales report that sent the price of the stock plunging.