Business

In a significant development that marks the close of protracted labor negotiations, American Airlines flight attendants have ratified a five-year contract that promises substantial raises and other benefits. The agreement, reached with overwhelming support—87% of voting flight attendants endorsed it—presents an immediate salary increase of up to 20.5% effective from October. This decisive move aims

As the automotive landscape continues to evolve, Stellantis, the conglomerate resulting from the merger of Fiat Chrysler and PSA Groupe, finds itself grappling with significant challenges. Recently, tension within the company has reached a boiling point, particularly as CEO Carlos Tavares receives backlash not only from the United Auto Workers (UAW) but also from the

As the world eagerly anticipates the 2028 Olympics in Los Angeles, key stakeholders are gearing up to ensure that the city is ready to host the prestigious event. Los Angeles Mayor Karen Bass expressed her concerns about the preparations needed for the Games, emphasizing the importance of improving the city’s infrastructure and public transportation system.

The real estate market for ultra-luxury homes in cities like New York, Miami, and Palm Beach, Florida has seen a significant surge in the second quarter. According to a report from real estate firm Knight Frank, the number of homes sold for $10 million or more in these cities increased by 44%, 27%, and 16%

Discount home goods retailer Big Lots recently filed for bankruptcy protection, citing high interest rates and a sluggish housing market that led to a decrease in demand for its low-priced furniture and decor. The Chapter 11 filing included an agreement to sell the business to private equity firm Nexus Capital Management for approximately $760 million.

Boeing’s Starliner recently undocked from the International Space Station after a lengthy stay that was not part of the initial plan. The spacecraft was meant to return to Earth earlier, after delivering two astronauts to orbit in June. However, due to multiple delays, NASA test pilots Butch Wilmore and Suni Williams remained at the ISS

The ownership structure of the Green Bay Packers sets them apart from all other teams in the National Football League. With a structure that resembles a publicly traded company, the Packers have a long history of being owned by stockholders, many of whom are die-hard fans of the team. This unique arrangement has been in

When Jerry Jones took over the Dallas Cowboys in 1989, the team was facing financial strife, losing a significant amount of money each month. Jones, an oilman, borrowed heavily to purchase the team and was faced with the challenge of turning the franchise around. Despite the initial obstacles, Jones managed to transform the Cowboys into

Molson Coors recently announced a significant shift in its diversity, equity, and inclusion policies, joining a growing number of companies in the process. The decision to eliminate supplier diversity quotas was revealed in an internal memo, which cited the complexity and external factors that influence such quotas. While the company will no longer set specific

Steph Curry, a four-time NBA Champion, is not only focused on his basketball career but also on his future after retirement. In a recent interview with CNBC’s “Squawk on the Street,” the 10-time NBA All-Star discussed his plans for his post-playing career. Despite being 36 years old, Curry is already laying the groundwork for his