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Airlines Reap Revenue Gains From Strong Travel Demand

Airlines Reap Revenue Gains From Strong Travel Demand

American Airlines Group and Southwest Airlines generated more revenue than expected in the fourth quarter thanks to strong travel demand, the latest carriers to extend stretches of profitability even as costs rise.

Published 4 months ago

Philadelphia’s Novel Plan for Opioid Crisis: Supervised Drug Use

Philadelphia’s Novel Plan for Opioid Crisis: Supervised Drug Use

To address the deadly opioid crisis wracking Philadelphia, city leaders are backing a novel step to open a safe haven where addicts can use their drugs.

Published 4 months ago

ECB holds interest rates at record lows

ECB holds interest rates at record lows

Central bank says it will maintain or even expand QE until inflation target is hit

Published 1 second ago

EU court backs Facebook over Austrian privacy lawsuit

EU court backs Facebook over Austrian privacy lawsuit

Activist Max Schrems told he cannot bring class action case on behalf of 25,000 users

Published 1 second ago

Why Goldman and Pritzker Sank Millions Into a Startup Before Suing It for Fraud

Why Goldman and Pritzker Sank Millions Into a Startup Before Suing It for Fraud

A-list investors placed a big bet on Outcome Health despite multiple warning signs, a Wall Street Journal examination shows, illustrating how even the savviest investors can gloss over potential issues in pursuit of a big score.

Published 4 months ago

Why Treasury secretaries should stick with the strong dollar mantra

Why Treasury secretaries should stick with the strong dollar mantra

Yesterday in Davos, Secretary Steven Mnuchin left the impression that he might be reversing 25 years of US Treasury strong dollar policy by asserting that, “obviously a weaker dollar is good for us as it relates to trade and opportunities”.

Published 1 second ago

Quebec’s Law on Facial Veils Fuels Fierce Debate

Quebec’s Law on Facial Veils Fuels Fierce Debate

A provincial ban on women from wearing face coverings when using public services such as buses or libraries has drawn a lawsuit and poses a thorny challenge for Canadian Prime Minister Justin Trudeau.

Published 4 months ago

Trump’s Infrastructure Push Targets Permit Rules

Trump’s Infrastructure Push Targets Permit Rules

Trump administration officials are working to roll back decades-old regulations to speed up the permitting process for roads, bridges, rails and pipelines. Environmental groups say the plans are less focused on efficiency and more on altering underlying environmental statutes.

Published 4 months ago

As More Employees Sign Arbitration Agreements, Sexual-Harassment Claims Fizzle

As More Employees Sign Arbitration Agreements, Sexual-Harassment Claims Fizzle

In an atmosphere of rising awareness of sexual harassment, millions of Americans work for companies that require disputes with their employers be adjudicated through arbitration—and not civil trials.

Published 4 months ago

Cold Weather Heats Up Natural-Gas Market

Cold Weather Heats Up Natural-Gas Market

The threat of another blast of bitterly cold arctic air bearing down on the U.S. is sending natural-gas futures prices to their highest level in more than a year.

Published 4 months ago

May, Trump Set to Meet at Davos Amid Strained Relations

May, Trump Set to Meet at Davos Amid Strained Relations

U.K. Prime Minister Theresa May is set to meet President Donald Trump at the World Economic Forum on Thursday for a discussion clouded by public strain between their two countries.

Published 4 months ago

Trump’s NASA Budget: More Moon, Less Space Station

Trump’s NASA Budget: More Moon, Less Space Station

The White House’s next NASA budget is expected to propose government-industry moon initiatives and ending space-station funding by the middle of next decade, according to people familiar with the details.

Published 4 months ago

Iran Internet Crackdown Upended Businesses

Iran Internet Crackdown Upended Businesses

The country’s small business community bore the brunt when Tehran blocked a popular messaging app and slowed internet speeds during weeks of antigovernment protests.

Published 4 months ago

U.S. Dollar Weakness Hits Japan Stocks

U.S. Dollar Weakness Hits Japan Stocks

Asian stocks pulled back following the deep selloff in the U.S. dollar, pressuring export-reliant companies, particularly in Japan.

Published 4 months ago