Disneyland employees have reached a tentative deal on a new contract with the company, according to a coalition of unions, averting what would have been the first strike to hit the Southern California theme park…
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Business
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Business
Retailers shift their thinking on delivery as consumer need for speed raises costs
by adminConsumer need for speed in package delivery, which has reached its apex with same-day shipping, has placed retailers in a tough spot when it comes to managing transportation costs. The result is increased competition among…
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The math seemed impossible, but numbers don’t lie — it was less expensive for Julie Kelley to send her 9-year-old son to seven different summer camps in three states than to enroll him in one…
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Renewable energy demand will triple over the next seven years as data center growth accelerates to facilitate the proliferation of artificial intelligence, NextEra Energy CEO John Ketchum said Wednesday. NextEra added 3,000 megawatts of renewable and storage…
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The Federal Aviation Administration said Tuesday it was placing Southwest Airlines under a heightened safety review after a string of recent near-miss safety incidents involving the low-cost carrier. In a statement, the agency said it…
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Business
Delta Airlines cancellations and delays continue but worst of IT outage impact is over, CEO says
by adminDozens of Delta Air Lines flights were canceled and more than 200 delayed Wednesday as the Atlanta-based carrier continued to recover from last week’s global CrowdStrike-Microsoft IT outage. But in a statement, Delta CEO Ed…
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Business
Why an indicator that has foretold almost every recession doesn’t seem to be working anymore
by adminWall Street’s favorite recession signal started flashing red in 2022 and hasn’t stopped — and thus far has been wrong every step of the way. The yield on the 10-year Treasury note has been lower than most…
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McDonald’s will extend its $5 value meal beyond its initial four-week window in most of its U.S. markets as the fast-food giant says the offer is driving traffic back to restaurants. In a memo to the…
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Business
Boeing ‘disappointed’ customers but is on the path to ‘transformational change,’ CEO says
by adminLONDON — Boeing’s output of 737 Max planes is showing signs of improvement, the new head of its commercial unit said ahead of a major air show on Sunday, while admitting that the manufacturer has “disappointed”…
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Business
Judge tosses defamation suit against Fox News by head of dismantled disinformation board
by adminA defamation suit against Fox News by a government official who served on a short-lived U.S. government media disinformation board was dismissed Monday by a federal judge. The lawsuit from Nina Jankowicz alleged that Fox News had…