Spirit Airlines offers buyouts to salaried employees to cut costs
Spirit is facing financial strain from weaker off-peak demand and Pratt & Whitney engine groundings.
Trump financial watchdog tells judge about $40 million in previously unreported transfers
The Trump Organization is under financial monitoring as part of a lawsuit by the New York Attorney General against Donald Trump, the firm, and two sons.
FTC Chair Lina Khan defends her track record when it comes to blocking mergers and doesn’t subscribe to Amazon Prime
Khan has taken big swings during her more than two-year tenure at the FTC, including filing a long-anticipated antitrust lawsuit against Amazon in September.
Salesforce shares jump on better-than-expected earnings report
Salesforce reported on Wednesday that revenue in the fiscal third quarter increased 11% while profit topped analysts’ estimates
UAW launches union campaigns at Tesla, 12 other automakers in the U.S.
The UAW union is launching an unprecedented campaign to organize 13 non-union automakers after bargaining record contracts with the Detroit automakers.
House Republicans believe there are enough votes to expel Rep. George Santos this week
Rep. George Santos survived an earlier vote to expel him from the House, but a damning ethics report has prompted many GOP lawmakers to back his ouster.
Here’s what it would take for the Fed to start slashing interest rates in 2024
Interest rate cuts don’t happen during good times, something important for markets to remember.
Nvidia CEO Jensen Huang says AI will be ‘fairly competitive’ with humans in 5 years
Nvidia CEO Jensen Huang said Wednesday at The New York Times’ DealBook Summit that AI is getting more competitive with humans
Nvidia CEO: Senior executives don’t need pampering, career guidance
Huang says that he has so many direct reports — most executives only have 10 or so — because it keeps Nvidia from developing unnecessary layers of management.
Man charged in alleged plot by Indian government official to assassinate U.S. citizen
Indian national Nikhil Gupta is charged in federal court in Manhattan in relation to the ultimately foiled murder plot, a newly unsealed court filing shows.
