Economy
Southwest Airlines warns staff of ‘tough decisions’ ahead, Bloomberg reports
Southwest Airlines is facing tough decisions in order to restore profits and address demands from activist investor Elliott Investment Management. Chief Operating Officer Andrew Watterson recently addressed employees in a…
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Lasted Economy
It’s Even Better Than A Consumption Surplus
Co-blogger Kevin Corcoran recently penned a compelling piece advocating for a rebranding of the term “trade deficit.” He suggests we…
Moët Hennessy to cut 10% of workforce as luxury slowdown bites
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.MoĂ«t Hennessy…
Edison says probable Edison, SCE will incur losses in connection with Eaton fire
Edison International (EIX) recently addressed the public on its earnings conference call regarding the Eaton fire. The company stated that…
Musk says $2.5 billion Fed building expansion should be subject to scrutiny
Elon Musk Questions $2.5 Billion Federal Reserve Building Renovation In a surprising turn of events, Elon Musk has raised concerns…
Ari Emanuel to buy Frieze art fairs from Endeavor
Unlock the Editor's Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Is DT Midstream Inc. (NYSE:DTM) a Small-Cap Energy Stock Hedge Funds Are Buying?
In a recent article, we highlighted the top 15 small-cap energy stocks that hedge funds are buying, including DT Midstream…
McDonald’s US sales drop by most since height of pandemic in 2020
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Toyota, Waymo explore collaboration to speed up self-driving tech
Toyota Motor and Alphabet's Waymo have announced a collaboration to explore the development of a new autonomous vehicle platform and…