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More New York Flight Cuts Expected Amid Air-Controller Shortages
Delays and cancellations could increase without flying reductions, the FAA said. Source link
American Airlines Cuts Profit View as Pilots’ Contract Weighs on Bottom Line
What to Read Next Source link
Warner Bros. Cuts Profit Outlook as Hollywood Strikes Drag On
It is now targeting full-year adjusted earnings, before interest, taxes, depreciation and amortization, of $10.5 billion to $11 billion, down by $500 million. Source link
Alphabet's Verily Plans Cost Cuts Amid Pressure on Other Bets to Rein In Spending
Google’s parent is focusing on turning companies that are developing ambitious technology into commercial successes. Source link
Amazon Cuts Dozens of House Brands
The company has decided to eliminate 27 of its 30 clothing labels, such as Lark & Ro and Goodthreads, as it works to fend off
Weight-Loss Drug Wegovy Cuts Heart Risk in New Study
Novo Nordisk’s anti-obesity drug reduced people’s risk of suffering heart attacks, strokes and cardiovascular deaths by 20%. Source link
Congress Faces Crunchtime in Fight on Spending Cuts
After the summer break, lawmakers on Capitol Hill will need to pass spending bills by Oct. 1 to avoid a government shutdown. Source link
Elon Musk's Rebranded Twitter Cuts Ad Prices
The social-media site X is offering hefty discounts to lure back ad dollars Source link
GM Again Lifts Its Profit Outlook, Plans More Cost Cuts
The automaker says buyers are willing to pay for pricier models and features. Source link
Podcast Cuts, Higher Music Royalties Deepen Spotify Losses
The streaming giant booked its strongest-ever quarter for user growth. Source link