Browsing Category
Sectors
What a government shutdown could mean for air travel
A lone traveler makes his way past a nearly deserted TSA security screening area at Orlando International Airport ahead of the arrival of Hurricane Milton, on October 9, 2024 in Orlando, Florida. Paul Hennessy | Anadolu | Getty ImagesA…
IRS to reject billions of dollars in ‘improper’ pandemic-era small business tax credit
Danny Werfel, IRS commissioner, speaks after being ceremonially sworn in at the IRS headquarters in Washington on April 4, 2023.Ting Shen | Bloomberg | Getty ImagesThe IRS will deny billions of dollars' worth of claims for a pandemic-era…
What went wrong for Spirit Airlines?
In November, Spirit Airlines filed for Chapter 11 bankruptcy protection. The icon of U.S. budget air travel hasn't had a profitable year since 2019, and it's lost more than $2 billion since 2020.How did it get here? The Covid-19 pandemic…
The end of this tax break could be ‘very disruptive’ to business owners, expert says —
The Good Brigade | Digitalvision | Getty ImagesTax breaks worth trillions of dollars are scheduled to expire after 2025 without extension from Congress — including a hefty deduction for millions of self-employed filers and business…
‘Do the upright thing.’ A petition to ban reclining on airplanes has garnered 186,000
Spilled drinks, crunched laptop screens and crushed knees.A new video shows the reasons why reclining your seat on airplanes morphed from an acceptable practice into a top irritant for many air passengers. The video is part of an ad…
Democrats grant special convention access to more than 200 content creators
The content creator platform at the 2024 Democratic National Convention in Chicago, Ill.Democratic National Convention staffMore than 200 digital content creators will attend the Democratic National Convention in Chicago this week with…
Macao is becoming a city of sports and entertainment, Sands China CEO says, as President
Sands China CEO and President Grant Chum said Macao was diversifying its economy away from gaming to become "a city of sports and ... a city of entertainment," during Chinese President Xi Jinping's visit to the city that concluded…
Small business owners turn more bullish amid Fed interest rate cuts: CNBC survey
Small business owners are collectively breathing a sigh of relief at the Federal Reserve's widely-anticipated decision to cut interest rates last week, and new data show owners expect to put that increased capital to work.CNBC and…
‘Unprecedented’: The most punctual global airline last year was ‘absolutely’…
Aeromexico was the most punctual global airline in 2024, according to a report published by aviation analytics company Cirium.Some 86.7% of its tracked flights arrived "on-time," defined as arriving within 15 minutes of scheduled arrival…
Op-ed: Just like the rest of the nation, America’s small businesses are at a crossroads
Feifei Cui-paoluzzo | Moment | Getty ImagesLast week, the Federal Reserve slashed interest rates for the first time in over four years, signaling a potential uplift for stocks and Wall Street. But what does it mean for the backbone of…