The rumors are true: American Airlines will be phasing out long-haul first class in the coming years. But well-heeled travelers don’t need to fret too much. The airline is planning to consolidate its Flagship First and Flagship Business classes into a new Flagship Suites configuration on its most premium-heavy planes, […]
Business
The Rohrer College of Business at 50: Business for the greater good | Rowan Today
Rowan University’s William G. Rohrer College of Business (RCB) follows a model of industry for the greater good, just like its namesake did. Founded in 1972 and celebrating its 50th anniversary throughout the 2022-23 school year, the Department of Administrative Studies became the School of Business in 1986 and was […]
UK government caps energy bills for businesses for 6 months | Business News
LONDON (AP) — Britain’s government said Wednesday it will cap wholesale energy bills for businesses this winter to ensure companies don’t go bust amid soaring energy prices. Authorities said the government will pick up nearly half of all business energy bills for six months starting Oct. 1 to ensure companies […]
Government outlines plans to help cut energy bills for businesses
New government scheme will see energy prices for non-domestic energy customers such as businesses, charities and public sector organisations cut – protecting them from rising energy costs government work with suppliers will reduce wholesale energy costs – and the significant rises in bills that businesses have seen this support is […]
How will Wall Street mark the Juneteenth holiday?
Neuberger Berman managing director Holly Newman Kroft shares investment do’s and don’ts on ‘Barron’s Roundtable.’ Following a tumultuous week for the markets, Wall Street will pause on Monday to mark the Juneteenth holiday. There will be no trading in stocks as U.S. equity markets will be closed. The U.S. bond […]
Why China’s Xi Jinping’s damage control is all about heading off a crisis
For President Xi Jinping, dispatching his special envoy to Europe for a three-week charm tour was just one of many acts of high-stakes damage control ahead of the 20th Chinese Communist Party Congress this autumn. Xi’s economy is dangerously slowing, financing for his Belt and Road Initiative has tanked, his […]
Stocks are still too expensive and rising rates may shock financial system, Seth Klarman warns
Investment legend Seth Klarman went back to his roots at the Harvard Business School to declare that the stock market is still too pricey even with its slide this year. “You’ve got a stock market that’s one of the most expensive ever,” said the chief executive of the value-focused Baupost […]
American Airlines ending service in three cities due to pilot shortage
Check out what’s clicking on FoxBusiness.com. American Airlines is ending service in three cities this fall in response to the industry-wide pilot shortage. The Texas-based carrier told FOX Business Monday that its service in Islip and Ithaca, New York, as well as in Toledo, Ohio, will end starting on Sept. […]
5 signs the housing market is starting to slow down
There is a shift happening in the housing market. After more than a year of soaring demand, exploding home prices and increasing real estate sales, the market finally seems to be cooling off. “The housing market isn’t crashing, but it is experiencing a hangover as it comes down from an […]
Elon Musk questions whether or not TikTok is ‘destroying civilization’
Evercore ISI senior managing director Mark Mahaney weighs in on Elon Musk’s assembly with Twitter workers and ride-share corporations. Tesla CEO Elon Musk is questioning whether or not the favored video sharing app TikTok is “destroying civilization.” “Is TikTok destroying civilization? Some folks assume so,” he tweeted Friday. “Or maybe […]