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2 mins read

Southwest is making big route changes as it prepares to reveal new details of its turnaround plan

Southwest reportedly plans to cut some 340 pilots and flight attendants at its busy Atlanta base as…

Taylor Rains   


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1 min read

Amazon stock jumps most in 9 months as cost cuts, cloud spark earnings beat

Amazon shares jumped as much as 7.6% on Friday, putting them on pace to close near all-time highs.

Filip De Mott   


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1 min read

Ford is stalling F-150 Lightning production and slashing manager bonuses as it races to cut costs

Ford is making two big cost cutting moves as it struggles to turn a profit on EVs.

Nora Naughton   


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2 mins read

In the long run, rate cut by Fed will be favourable for most US banks: Moody's

"Initially, the rate cuts will be credit negative for most US banks. We expect their deposit costs …

ANI   


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1 min read

Volkswagen mulls closing factories in Germany for the first time and cutting thousands of jobs to reduce costs

Union boss tells workers that VW plans to shut three plants in Germany, as well as slash jobs and c…

Tom Carter   


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1 min read

JetBlue is axing hot meals for economy flyers as it looks to cut costs

JetBlue's economy passengers on transatlantic flights can only order cold meals. The airline has re…

Pete Syme   


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2 mins read

India's Services Index jumps to 58.5 in October as employment grows the fastest in 26 months

India's services sector witnessed a robust performance in October, as the Service PMI index surged …

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2 mins read

The Federal Reserve gives Americans another interest rate cut

Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis…

Ayelet Sheffey   


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6 mins read

Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers

If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …

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4 mins read

How the cost of childcare is expected to change under Trump or Harris

BI looked at Harris and Trump's past track records and proposed policies to see how the election co…

Allie Kelly   


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2 mins read

How much will Elon Musk’s do-it-all Optimus Gen 2 humanoid cost you? And is it worth it?

Elon Musk unveiled the Tesla Optimus Gen 2 humanoid robot and promised it would become a household …

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4 mins read

Worries about the election could be cutting into some workers' productivity

Election stress can impact workers' productivity. One expert says managers should be sensitive to p…

Tim Paradis   


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2 mins read

Half of renters live somewhere they can't afford

For decades, financial advisors and the federal government have recommended that Americans spend no…

Eliza Relman,Noah Sheidlower   


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4 mins read

How the cost of housing is expected to change under Trump or Harris

BI looked at how Harris and Trump's housing policies will affect supply, first-time homebuyers, and…

Allie Kelly,John L. Dorman   


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2 mins read

Parts supplier cuts thousands of jobs as Germany's auto woes deepen

Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days aft…

Tom Carter   


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1 min read

Boeing announces global job cuts in the middle of workers’ strike, 17,000 people could lose their jobs

Boeing is cutting 17,000 jobs, or 10% of its workforce, amid a strike by 33,000 U.S. workers haltin…

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1 min read

Fisker founder cuts salary to $1 to cover bankruptcy costs

Fisker, once valued as much as $8 billion, filed for bankruptcy in June after efforts to find a buy…

Tom Carter   


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3 mins read

Weekend wrap: Experts talk about Sensex reaching 100,000 mark, Amazon plans major managerial cuts

The Indian financial market is abuzz with speculation about the Sensex reaching 100,000 by early 20…

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3 mins read

I moved 1,800 miles and took a 20% pay cut to live near my parents. It's a high-cost area, but they get to see our kids.

Family moved from Texas to Massachusetts, accepting a pay cut and higher living costs, in exchange …

Jane Ridley   


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4 mins read

'Let chaos reign': AI inference costs are about to plummet

Inference is becoming the commodity of the AI age.

Emma Cosgrove