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Corporate/Industrial News
Southwest Airlines to Revamp Flight Schedule as Consumer Travel Changes
The airline says demand for vacation travel remains robust this summer, but business travel’s recovery to prepandemic levels remains elusive. Source link
Meta Takes Some Profitable Social Cues
The Facebook parent’s strong results and outlook set a better stage for the investment cycle. Source link
Bad Bosses Yell. Some Good Ones Do, Too.
Many employees shut down when managers raise their voices, but others say candid feedback—even the loud kind—is underrated. Source link
Bud Light Brewer Lays Off Hundreds of U.S. Workers
Anheuser-Busch restructures its corporate offices amid controversy and sales slump. Source link
Mark Zuckerberg Could Be Held in Contempt of Congress: What to Know
What to Read Next Source link
Microsoft Faces European Probe Over Bundling of Teams Software
The European Union opened an antitrust investigation into whether Microsoft is abusing its position by bundling its Teams videoconferencing app with its popular Office software.
McDonald's Grimace Shake Trend Pays Off for Burger Chain
A meal celebrating the purple character helped drive sales after it went viral on TikTok. Source link
Volkswagen Lowers Delivery Targets as Supply-Chain Issues Persist
The German car giant said logistics bottlenecks are shifting from semiconductor shortages to transportation delays. Source link
Weaker Energy Prices Temper Shell's Profit, but Not Cash Payouts for Investors
The oil major boosted its dividend and added a $3 billion buyback in its first quarterly results release since its new CEO unveiled a strategic
Nestlé Raised Prices More Than 9% in First Half of the Year
The world’s largest packaged food company said price hikes boosted sales and profitability, joining other consumer goods companies. Source link