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The tough US housing market is hurting sales of big-ticket home appliances, Whirlpool says

With US home prices hitting a record high for the second month in a row in June, big-ticket home ap…

Kelly Cloonan   


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American Airlines CEO admits the airline messed up its plan to disrupt how tickets are sold

American Airlines lowered its earnings outlook for the second quarter of 2024 and announced the dep…

Benjamin Zhang   


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Samantha Delouya   


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The Biden administration wants to completely ban the hidden fees that make your plane and concert tickets unexpectedly expensive

Along with a proposal to ban junk fees that "plague" consumers, the CFPB is also refunding $140 mil…

Ayelet Sheffey,Juliana Kaplan   


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China's economic troubles have left some cities so cash-strapped they're resorting to bizarre fines, skipping bills, and slashing health coverage

Some cities in China have resorted to handing out fines for serving cucumbers and skipping some bil…

Jennifer Sor   


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How riding rockets going 4,000 mph into suborbital space could slash international flight times from 22 hours to 2

Companies like SpaceX, Blue Origin, and Rocket Lab are exploring the possibility of using rockets t…

Kelly Burch   


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7 mins read

Delivery versus dine-in: Why McDonald's is going ‘big’ even as rivals slash store sizes

At a time when many restaurants in India are looking to cut down physical presence and move t…

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Americans could save $9 billion a year through Biden's new proposal that would slash credit card late fees

Following Biden's announcement last year to crack down on junk fees, the CFPB built on that with a …

Ayelet Sheffey   


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Frontier is slashing fares to as low as $19 in a preemptive strike at JetBlue's new merger agreement with Spirit

The "blockbuster sale" comes as JetBlue and Spirit announced a planned merger after a months-long b…

Taylor Rains   


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4 mins read

Tough times will make startups go for ‘hero teams’, slash ad budgets and focus on profits

The anticipation of a rough funding winter may make Indian startups more conscious about their spen…

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Wizz Air becomes the latest European airline to slash its summer flight schedule to cope with the industry's chronic labor shortage

The low-budget carrier Wizz Air said it was cutting 5% of its summer flight schedule to "reduce the…

Beatrice Nolan   


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London Heathrow Airport boss says airlines are the ones to blame for travel chaos because they slashed baggage-handling jobs and underpay workers

Over half of ground handlers across Europe have left the industry since the pandemic started, wrote…

Huileng Tan   


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Grace Dean   


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Spicejet cuts debt by Rs 1,200 crore in just one year: Ajay Singh

Singh, who took over the reins of then crisis-hit SpiceJet early last year, said the turnaround pro…

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British Airways has stopped selling short-haul tickets out of Heathrow for a week in a further disruption to summer travel

British Airway's latest move comes three weeks after Heathrow started limiting the number of passen…

Huileng Tan   


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Flights are the cheapest they've ever been as airlines slash costs and try to coax back travelers

Airlines are using available cheap planes and laid off flight crews to offer low prices and coax ba…

Mary Meisenzahl   


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3 mins read

Delhi Metro slashes employees allowances by 50% and keeps all sanctions of fresh advances on hold

The Delhi Metro Rail Corporation (DMRC) has suffered loss of nearly Rs 1,300 crore since the closur…

PTI   


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Overstock plummets 19% on slashed profit forecast, CFO resignation

"In spite of these recent headwinds, we're confident in our retail strategy," Dave Nielsen, preside…

Daniel Strauss   


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Huileng Tan   


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Airlines in China are selling tickets for as low as $4 during the coronavirus outbreak

"Considering lower average costs of operating in mainland China, carriers could potentially offer d…

Ashley Collman