In this article LUV A Southwest Airlines Co. Boeing 737 passenger jet arrives at Midway International Airport (MDW) in Chicago, Illinois, U.S., on Monday, Oct. 11, 2021. Luke Sharrett | Bloomberg | Getty Images Southwest Airlines on Thursday reported a third-quarter profit on Thursday thanks to a boost from federal payroll aid but said operational
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GP: Various champagne bottles are seen on a store shelf. Paul Zinken | Picture Alliance | Getty Images Pop those corks. Champagne sales are surging back to near what they were before the Covid pandemic hampered sales and kept people away from celebrations. The gradual reopening of global bubbly markets is expected to drive sales
As employers reimagine the workplace post-Covid, a four-day work week may become a new perk. Last month, technology company Bolt became one of the latest companies to jump on board. Earlier this year, New York-based crowdfunding platform Kickstarter announced it would pilot a four-day workweek. There’s a campaign now underway from 4 Day Week Global
On November 2, in addition to electing various city council and school board members, Colorado voters will decide two important questions of state tax policy. Proposition 120 would reduce property tax assessment rates for two subclasses of property and require the state to spend up to $25 million a year, for up to five years,
In this article FB DWAC MRNA SNAP Getty Images Check out the companies making headlines in midday trading. Snap – Snap shares plummeted by more than 24% after it reported its quarterly results, which included a revenue miss as well as an earnings beat. The social media company said its advertising business declined due to Apple’s
In this article SAM Boston Beer Chairman Jim Koch told CNBC on Friday the company decided to throw away excess supply of Truly hard seltzer, instead of discounting it, in response to a categorywide sales slowdown. “We were very aggressive about adding capacity, adding inventory, buying raw materials, like cans and flavors, and, frankly, we
American Airlines on Thursday reported a $169 million profit for the third quarter thanks to more than $990 million in federal payroll support. Revenue for the quarter totaled $8.97 billion down about 25% from the same period of 2019 but up from the $3.17 billion American brought in a year ago. That was ahead of
Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Oct. 12, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — A third juror was dismissed in Elizabeth Holmes’ criminal trial on Friday for what the judge said was “good cause.” That leaves only
XiFotos | E+ | Getty Images After the Social Security Administration announced a record-high cost-of-living adjustment for 2022, many beneficiaries are asking, “How much bigger will my monthly checks be?” People who receive Social Security or Supplemental Security Income, or SSI, benefits will get a 5.9% boost to their payments next year. That is that
MoMo Productions | DigitalVision | Getty Images American life expectancy is trending up — and that creates more financial risk for retirees, who must make their nest eggs last a longer time. An average 65-year-old today will live another 20 years, about six years more than in 1950, according to the Centers for Disease Control
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At least one hedge fund sold its stake in the SPAC Digital World Acquisition Corp. after the firm announced plans to merge with the social media company planned by former President Donald Trump. Lighthouse Investment Partners, one of at least nine hedge funds to hold stakes in the Digital World Acquisition, shed its holdings in
Pat Gelsinger Horacio Villalobos | Corbis News | Getty Images Intel shares fell more than 8% in extended trading on Thursday on a weaker-than-expected sales report and after the company blamed an industry-wide component shortage for its PC chip business shrinking 2% during the quarter ending October 2. Intel also warned on Thursday that its
Most Americans see college as excessively expensive, but it wasn’t always that way. Over the last decade, the cost of attending a four-year public college or university has grown significantly faster than income. Deep cuts in state funding for higher education contributed to substantial tuition increases and pushed more of the costs of college onto students, according
In this article TREE Why pay now when you can pay later? Whether it’s holiday gifts or groceries, it’s easier than ever to postpone payments on purchases. “Buy now, pay later,” or BNPL, lets shoppers break their purchases into equal installment payments, often interest-free, which can make even the biggest-ticket items seem affordable and the
In this article DWAC The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Digital World Acquisition Corp., the SPAC that is taking former President Donald Trump‘s planned social media platform public, soared again on Friday following a massive rally in the previous session.
In this article BAC andresr/Getty Images Even as prices for homes soar, the American Dream of owning a home is still alive and well. Yet that can be a high hurdle for first-time home buyers to reach. New data from the National Association of Realtors shows sales of previously owned homes rose by 7% in
Firefighter Matt Smither is seen working alongside critical care nurses in the Intensive Care Unit at Queen Alexandra Hospital in Portsmouth, southern England. ADRIAN DENNIS | AFP | Getty Images LONDON — An increasing number of doctors in the U.K. are warning that the country, and its health service, are facing a renewed health crisis
In this article CMG A customer carries a Chipotle Mexican Grill Inc. bag outside a restaurant in San Francisco, California, U.S., on Monday, July 20, 2020. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill on Thursday reported quarterly earnings that crushed Wall Street’s estimates as its menu price increases helped the chain
In this article GSBD A trader works on the floor of the New York Stock Exchange (NYSE) in New York, Sept. 20, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs just closed its second billion-dollar blank-check deal ever as the Wall Street firm seeks to change the struggling SPAC market by building a