Southwest Airlines authorizes $2.5 billion stock buyback, announces changes for customers
As Southwest Airlines held its Investor Day Thursday, CEO Bob Jordan said a $2.5 billion stock buyback and a new three-year financial plan heralds a…
Supply issues loom as California phases out gas vehicles.
It’s becoming increasingly clear in Sacramento: The administration of Gov. Gavin Newsom is intent on pumping up state power to oversee the slow decline of…
IMF loan offers Pakistan relief but long-term reforms remain a challenge | Business and Economy News
Islamabad, Pakistan – After days of uncertainty, the International Monetary Fund (IMF) approved a $7bn loan programme for Pakistan on Wednesday, a move analysts welcomed…
Harris makes a ‘capitalist’ pitch to boost the economy
PITTSBURGH — Vice President Kamala Harris on Wednesday pledged to build an economy that is both pro-business and helps the middle class as she pushed back…
Ex-cop awarded over £1million in discrimination case after force stopped her from running side business
A FORMER police officer has been awarded more than £1million in a discrimination case after her force stopped her running a business on the side.Sergeant…
IMF approves $7bn funding agreement for Pakistan | Business and Economy News
Approval comes more than two months after international lender and Islamabad said they had agreed on programme.The International Monetary Fund (IMF) has approved a new…
Can Israel afford another war in Lebanon? | Business and Economy
Israel’s war on Gaza has ground its vital economic sectors to a halt.Almost a year into the war on Gaza, Israel’s economy is facing its…
Justice Department sues Visa for monopolizing debit card market
The Justice Department filed a lawsuit against Visa on Tuesday, accusing the company of monopolizing the debit card market while "charging significant fees and stifling…
New law makes canceling subscriptions a snap in California
Music on demand. Television programs. Mobile phone service. Professional sports telecasts. Audiobooks. News. Videogames. Computer software.A growing number of products and services are being sold…
Boeing has improved on safety but needs more time, head of FAA tells Congress
1 of 4 | Federal Aviation Administration Administrator Mike Whitaker told a House committee Tuesday that Boeing must do more to improve aircraft safety following…
After the Deluge: The Devastating Impacts of Maiduguri Floods on Business Owners
As the flood waters in Maiduguri, the capital of Borno State, northeastern Nigeria, begin to recede, the submerged city is facing the effects of the…
German business confidence tumbles: Why is the DAX index defying gravity?
Germany's business confidence slumped for the fourth straight month in September, but the DAX stock index is defying the economic gloom, nearing record highs. ADVERTISEMENTGermany's…
U.S., Italy reassure Ukraine on its energy needs as winter nears, Russian war lingers
1 of 2 | On Monday, US Secretary of State Antony Blinken (seen in May) said how the G7 and partner nations have collectively “worked…
Labour’s UK Business Push Fails to Ease Worries Over Policy Void
Breadcrumb Trail LinksPMN BusinessBritish businesses have one key concern about Prime Minster Keir Starmer: Almost three months into his tenure, there’s still a dearth of…
This year, Clinton Global Initiative to focus on ‘what’s working’ for challenges around world
1 of 2 | The New York-based Clinton Global Initiative on Monday launched its annual two-day round of meetings and presentations on global challenges. “We…
The US Fed cut interest rates by more than expected. So what? | Business and Economy News
The bigger-than-expected cut in interest rates by the United States Federal Reserve may have sent the stock market cheering, but its impact on the economy,…
Eurozone business activity contracts in September as Olympic boost fades
Eurozone business activity contracted in September, and weaker demand eased inflationary pressures. This supports the case for a European Central Bank (ECB) rate cut in…
Motel 6 chain sold for $525 million
It was announced Friday that India-based Oyo had acquired G6 Hospitality, Motel 6's parent company. Photo courtesy of Motel 6/Website Sept. 22 (UPI) -- Motel…
After vowing to halt Japan’s economic decline, Kishida leaves mixed legacy | Business and Economy
In his first policy address after taking office in October 2021, Japanese Prime Minister Fumio Kishida pledged to “faithfully rebuild” the economy after three decades…
Disney to stop using Slack after summer hacking incident
The logo for Slack hangs outside of the New York Stock Exchange on Wall Street on June 20, 2019. Disney said it will stop using…