Business News

Frontier Airlines, stuck in a money-losing slump, is dumping change fees and making other moves

DENVER (AP) — Frontier Airlines, which has struggled more than other U.S. carriers to recover from...

Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks

NEW YORK (AP) — Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau has...

Subway commuters in Buenos Aires see fares spike by 360% as part of austerity campaign in Argentina

BUENOS AIRES, Argentina (AP) — Commuters in Buenos Aires on Friday were hit by an abrupt 360% increase...

Boeing shareholders approve CEO's compensation as company faces investigations, possible prosecution

Boeing shareholders on Friday approved CEO David Calhoun's $32.8 million compensation and heard leaders...

The unofficial spokesman for the American muscle car, Tim Kuniskis, is retiring

DETROIT (AP) — Tim Kuniskis, CEO of the Ram and Dodge brands and the unofficial voice of American muscle...

OpenAI, Reddit teaming in deal that will bring Reddit's content to ChatGPT

OpenAI and Reddit are teaming up in a deal that will bring the social media platform's content to ChatGPT....

Bike shops boomed early in the pandemic. It’s been a bumpy ride for most ever since

For the nation’s bicycle shops, the past few years have probably felt like the business version of th...

German council approves a revised plan by Tesla to expand its plant near Berlin

BERLIN (AP) — A local council in Germany approved a plan by electric carmaker Tesla to expand the grounds...

Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week

NEW YORK (AP) — The Dow Jones Industrial Average finished a day above the 40,000 level for the first...

China rolls out new measures to fix its property crisis, spur growth

China announced a slate of fresh measures Friday to reinvigorate its ailing property industry after...

NRA kicks off annual meeting as board considers successor to longtime leader Wayne LaPierre

DALLAS (AP) — The National Rifle Association is kicking off its annual meeting Friday in downtown Dallas,...

Putin concludes a trip to China by emphasizing its strategic and personal ties to Russia

BEIJING (AP) — Russian President Vladimir Putin concluded a two-day visit to China on Friday, emphasizing...

After decisive loss at Alabama Mercedes plants, powerful auto union vows to return and win

TUSCALOOSA, Ala. (AP) — A decisive vote against the United Auto Workers union at two Mercedes factories...

UN reports improved prospects for the world economy and forecasts 2.7% growth in 2024

UNITED NATIONS (AP) — The United Nations reported improved prospects for the world economy since its...

Key Boeing supplier Spirit AeroSystems is laying off 450 after production of troubled 737s slows

A key Boeing supplier that makes the fuselages for its popular 737 Max airplanes is laying off about...

Joint streaming venture involving ESPN, Fox, Warner Bros. Discovery will be called Venu Sports

LOS ANGELES (AP) — The sports streaming platform planned by ESPN, Fox and Warner Bros. Discovery finally...

McDonald's plans $5 US meal deal next month to counter customer frustration over high prices

McDonald’s plans to introduce a $5 meal deal in the U.S. next month to counter slowing sales and customers’...

The Dow closed above 40,000 for the first time. The number is big but means little for your 401(k)

NEW YORK (AP) — The Dow Jones Industrial Average just closed above 40,000 for the first time , the...

FDIC chair is grilled on Capitol Hill after report outlines agency's toxic workplace culture

WASHINGTON (AP) — Federal Deposit Insurance Corp. Chairman Martin Gruenberg sat for a second day of...

United Airlines says it has regained some privileges that were suspended after problem flights

CHICAGO (AP) — United Airlines said Thursday that federal regulators are letting it resume planning...

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