United Airlines said Monday it will lose money in the first three months of this year as it deals with the grounding of its Boeing 737 Max 9 planes after a panel blew out of a Max jetliner this month.
United said it expects to lose between 35 cents and 85 cents per share in the first ...
DOVER, Del. (AP) — A federal appeals court has ordered the appointment of an independent examiner in the bankruptcy case of FTX amid concerns about widespread fraud preceding the collapse of the multibillion-dollar cryptocurrency exchange.
A three-judge panel in Philadelphia issued the ...
Macy's is rejecting a $5.8 billion takeover offer from investment firms Arkhouse Management and Brigade Capital Management, saying they didn't provide a viable financing plan.
Arkhouse and Brigade offered $21 for each of the remaining shares in Macy's they don't already own. Shares of New ...
DALLAS (AP) — Pilots at Southwest Airlines have overwhelmingly approved a new contract that will raise their pay rates by nearly 50% by 2028, becoming the last group of pilots at the nation's four biggest airlines to score huge raises.
The Southwest Airlines Pilots Association said Monday ...
NEW YORK (AP) — New York City intends to wipe out more than $2 billion in medical debt for up to 500,000 residents, tackling a top cause of personal bankruptcy, Mayor Eric Adams announced Monday.
The city is working with RIP Medical Debt, a nonprofit that buys medical debt in bulk from ...
WASHINGTON (AP) — The Federal Aviation Administration recommends that airlines inspect the door plugs on certain Boeing 737s that are older than the Max 9 jetliner that suffered a blowout of a similar panel during a flight this month.
The FAA said door plugs on one older version of the 737, ...