The Justice Department said in May that Boeing violated its 2021 settlement by failing to implement a certain compliance program.
Continue readingCategory Archives: Uncategorized
Air travel demand is breaking records. Airline profits are not
Investors will get more insight into the outlook for the tail end of summer when Delta Air Lines kicks off earnings season Thursday.
Continue readingConcerns grow over gambling addiction in the military
Diagnoses of pathological gambling disorders among servicemembers and veterans is soaring, according to the Department of Veterans Affairs.
Continue readingSkydance and National Amusements near Paramount deal as special committee reviews terms
National Amusements agreed to a preliminary deal to hand over control of Paramount to David Ellison’s Skydance Media, the latest in a messy sales process.
Continue readingAI drive-thru ordering is on the rise — but it may take years to iron out its flaws
Artificial intelligence is closer than ever to taking down drive-thru orders, but fast-food restaurants like McDonald’s show that the tech still needs time.
Continue readingFord sales edge 1% higher in the second quarter, led by trucks
Ford truck sales of 308,920 vehicles marked the company’s best second-quarter performance for the vehicle category since 2019.
Continue readingUnited Airlines is texting travelers live weather maps to explain flight delays
Even when it’s bright and sunny, a thunderstorm hundreds of miles away can still disrupt flights.
Continue readingWomen’s soccer draws private-equity interest as team valuations soar
Sixth Street and Carlyle have each have each struck deals at soaring team valuations.
Continue readingThe five secrets to Ferrari’s success as a luxury brand
This year, Ferrari for the first time surpassed Hermès as the most valuable luxury company in the world as measured by stock multiple.
Continue readingNathan’s hot dog contest crowns Bertoletti, Sudo after Joey Chestnut debacle
The competition was considered more wide open after the 16-time winner parted ways with the event’s organizer, Major League Eating.
Continue reading