After the $1.9 billion agreement to combine Alaska Airlines and Hawaiian Airlines was announced eight months ago, the U.S. Justice Department has cleared the plan without a lawsuit to block the deal. This clears the way for the two airlines to seek approval from the U.S. Transportation Department before the merger can proceed. The largest
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California Gov. Gavin Newsom recently signed into law 10 new bills aimed at tackling retail crime in the state. These laws target various aspects of retail theft, including shoplifting, theft from vehicles, organized crime rings, and the online resale of stolen goods. The decision to implement these new laws comes in response to a growing
Starbucks, once a beloved coffee giant, is now facing numerous challenges that have been impacting its sales in recent years. One of the key issues highlighted by investors and executives is the operational problems faced by the company. With mobile orders accounting for a significant portion of its total sales, Starbucks has been struggling to
SpaceX is gearing up for its next private mission, which is set to take place at the end of this month. The Polaris Dawn mission marks a significant milestone in the company’s history, as it will include the first-ever attempt at astronauts stepping out into space. This mission is part of a series of three
Marvel has achieved a monumental milestone with the release of “Deadpool & Wolverine,” which has become the highest-grossing R-rated film of all time. The trio of Ryan Reynolds, Hugh Jackman, and Shawn Levy has successfully brought these iconic characters to life in a way that resonates with audiences worldwide. With over $1.085 billion in global
The remainder of August is poised to become a pivotal moment in the history of the American workforce, heralded by the Federal Trade Commission’s impending enforcement of a rule to eliminate non-compete clauses, effective September 4, 2024. As this critical deadline nears, we are on the cusp of potentially witnessing the largest exodus of resignations
CEO Doug McMillon of Walmart has indicated that prices of many groceries and items have decreased within the store, but inflation remains a stubborn issue in certain areas, such as the aisles dedicated to dry groceries and processed foods. Despite Walmart’s efforts to pressure suppliers to reduce prices, some companies are still discussing cost increases.
Taking on the role of CEO at Starbucks is no small task, but Brian Niccol will be well compensated for his responsibilities. With a base salary of $1.6 million annually, Niccol is set to earn an impressive paycheck for his work at the embattled coffee chain. In addition to his base salary, he also has
The Federal Reserve’s impending decision on interest rates is closely monitored by Home Depot, with Chief Financial Officer Richard McPhail revealing that homeowners have put off moving into new houses or undertaking major projects that require financing due to the higher interest rates. The uncertainty surrounding potential interest rate cuts has further fueled this sense
In recent news, Blink Fitness, a popular budget-friendly gym chain owned by Equinox Group, has officially filed for Chapter 11 bankruptcy protection. This move comes after a wave of financial struggles faced by fitness companies in the wake of the COVID-19 pandemic. Blink Fitness, which currently operates over 100 centers in the United States, joins