Southwest is the last of the major airlines to reach a labor deal with pilots.
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Over a half-billion dollars in railroad freight stuck at Texas border crossings amid migrant battle
Union Pacific, BNSF say the battle over migrants at U.S.-Mexico border key crossings is holding up hundreds of millions of dollars in freight.
Continue readingMortgage demand slips despite another drop in interest rates
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances fell to 6.83% from 7.07%.
Continue readingTarget blamed theft and violence for 9 store closures. Crime is higher at locations it kept open nearby
Target blamed theft and violence when it closed 9 stores in New York, Seattle, San Francisco and Portland, but crime is worse at locations it […]
Continue readingWith Aquaman sequel’s release, one DC movie era ends and another begins
“Aquaman and the Lost Kingdom” opens this weekend, and it’s expected to gross less than its surprise-hit predecessor.
Continue readingWeight loss drugs, Alzheimer’s treatments and gene editing: Enormous firsts defined 2023 in pharma
Wall Street turned its focus to a handful of newer treatments in different disease areas in 2023, including weight loss medications and a new Alzheimer’s […]
Continue readingWhiskey distillers cheer as EU, U.S. strike deal to avoid 50% tariff on exports to Europe
The European Union and U.S. agreed to extend the suspension of 50% tariffs on whiskey exports that American distillers had been dreading.
Continue readingGeneral Mills echoes FedEx with a warning about weaker demand
General Mills and FedEx both cut their revenue outlook for their fiscal years.
Continue readingFedEx shares tumble 10% after weaker demand hit revenue outlook
It’s the second consecutive quarter FedEx has lowered its sales guidance.
Continue readingBig M&A and Bob Iger’s future: 13 media executives make their anonymous 2024 predictions
It’s the third annual anonymous media predictions list: 13 media, sports and entertainment executives make their best 2024 industry-shaking predictions.
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