WASHINGTON (Reuters) – Southwest Airlines Chief Operating Officer Andrew Watterson said on Thursday the company will cut executive bonuses following the carrier’s high-profile operational[...]
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Cheers! Spirits like gin, vodka, overtake beer’s U.S. market share
By Jessica DiNapoli NEW YORK (Reuters) – Vodka shot, anyone? Spirits like whiskey, cognac and tequila, a celebrity favorite, have surpassed beer’s U.S. market share for the first time due[...]
Read moreBob Iger’s Disney revamp could keep critic Peltz ‘at bay’
(Reuters) – Walt Disney Co CEO Bob Iger dazzled Wall Street on Wednesday with sweeping changes and billions of dollars in cost cuts, and some analysts are convinced that will be enough to sway i[...]
Read moreLove & money: Four ways to avoid financial infidelity
By Chris Taylor NEW YORK (Reuters) – Sorry to break it to you, but your romantic partner may be sharing a secret relationship. With guess who? JPMorgan Chase. Or Citibank, or Wells Fargo. Whethe[...]
Read moreU.N. aviation agency forecasts rapid growth in passenger demand in 2023
OTTAWA (Reuters) – The United Nations’ aviation agency on Wednesday forecast global air passenger demand in 2023 will rapidly recover to pre-pandemic levels on most routes by the first qua[...]
Read moreSouthwest to tell U.S. lawmakers ‘we messed up’ during holiday meltdown
By David Shepardson and Rajesh Kumar Singh WASHINGTON/CHICAGO (Reuters) -Southwest Airlines Chief Operating Officer Andrew Watterson will apologize on Thursday before a U.S. Senate committee over the[...]
Read moreMamma mia! Pizza got 16% more expensive in the EU last year
(Reuters) – The cost of store-bought pizza and quiche in the European Union grew in December by 16% from a year earlier, the bloc’s statistics agency Eurostat said on Wednesday. As food lo[...]
Read moreSouthwest CEO Jordan finds himself in eye of storm after airline’s holiday debacle
By Rajesh Kumar Singh CHICAGO (Reuters) – Bob Jordan, Southwest Airlines Co’s CEO, faces the biggest challenge yet in his 35-year career at the airline that has built a customer-friendly r[...]
Read moreDisney investors await CEO Iger’s revival plan with results on tap
By Dawn Chmielewski LOS ANGELES (Reuters) – Walt Disney Co CEO Bob Iger is expected to discuss a turnaround plan on Wednesday, when the media company delivers its first quarterly results since t[...]
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