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Southwest Airlines Faces Tough Questions From Senators

The company canceled thousands of flights around Christmas, disrupting travel for about two million people.  » mehr lesen

From Pepsi to Ben & Jerry’s, Big Brands Keep Raising Prices and Stoking Inflation

Consumers continue to absorb significant price increases by PepsiCo, Unilever and others. The companies say prices will remain high in the months to come.  » mehr lesen

Sam Bankman-Fried Needs Tighter Bail Restrictions, Judge Says

A federal judge said he was not satisfied with a plan that lawyers for the disgraced FTX founder struck with prosecutors to limit his use of encrypted messaging apps.  » mehr lesen

What Recession? Some Economists See Chances of a Growth Rebound.

The Federal Reserve has raised rates rapidly. But instead of cracking, some data point to an economy that’s thriving.  » mehr lesen

Activist Disney Investor Declares End to Battle for Board Seat

The move by Nelson Peltz came a day after the company’s C.E.O., Bob Iger, announced a restructuring that will cut $5.5 billion in costs and eliminate roughly 7,000 jobs.  » mehr lesen

I.R.S. Tells Millions Who Received State Rebates: Don’t File Just Yet

Tax season is underway. But the Internal Revenue Service is still figuring out whether the millions of taxpayers who received rebates last year should count them as taxable income.  » mehr lesen

Credit Suisse Reports Huge Loss as It Seeks to Revive Fortunes

The struggling Swiss bank recorded its biggest annual loss since the 2008 financial crisis and warned of another “substantial” loss in 2023.  » mehr lesen

Bob Iger’s Turnaround Plan for Disney Takes Shape

Shares jumped after the Disney chief executive unveiled plans to revamp its streaming business, cut costs, and formulate a succession plan.  » mehr lesen

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