Business

JetBlue Airways, one of the prominent airlines in the United States, is currently experiencing a downward spiral in its stock price and facing legal challenges due to its acquisition of budget carrier Spirit Airlines. The airline industry is already dominated by giant carriers such as American, Delta, United, and Southwest, which control a significant portion
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In a groundbreaking development for both Ford Motor and the United Auto Workers (UAW), local union leaders have given their approval to a tentative agreement that promises significant gains for the workforce. The agreement includes a staggering $8.1 billion in new plant investments by the company, substantial ratification bonuses of $5,000, compounded wage increases of
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Abercrombie & Fitch, once known for its sexually charged advertising and controversial CEO, is currently in the midst of a major comeback. However, the retailer is still haunted by the alleged sins of its former chief executive, Mike Jeffries. Recent lawsuits have brought to light shocking accusations against Jeffries, claiming that he ran a sprawling
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**** An Alaska Airlines flight operated by a subsidiary was forced to divert to Portland International Airport in Oregon on Sunday when an off-duty Alaskapilot allegedly tried to interfere with the engines. The incident occurred during Alaska Airlines Flight 2059’s journey from Everett, Washington, to San Francisco. In this article, we will delve deeper into
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General Motors (GM) and Ford Motor are set to release their third-quarter earnings and future guidance amidst ongoing strikes and contract negotiations with the United Auto Workers (UAW) union. This presents a difficult balancing act for the automakers. If they surpass Wall Street’s expectations and demonstrate healthy profits, it could bolster the UAW’s argument that
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