Will airfares come down this year? Yes, but just slightly say reports

The airline industry’s dramatic climb from the depths of the pandemic may be ending soon. A review of multiple reports shows stabilization across several key metrics, as rapid growth ends and a new era of normalcy begins. “2024 is expected to mark the end of the dramatic year-on-year increases that have been characteristic of the … Read more

Largest U.S. radio company Audacy files for bankruptcy protection

The New York Stock Exchange welcomes executives and guests of Audacy (NYSE: AUD), today, Friday, April 9,2021, in celebration of its recent company rebrand. NYSE Audacy, the radio and podcast giant, said Sunday it filed plans for Chapter 11 bankruptcy protection in Texas to reduce its debt. The restructuring agreement will allow Audacy to slash … Read more

Tesla now has a clear China EV competitor. What’s next for BYD?

If there’s anything about BYD ‘s past that could predict its future, it’s being slow and steady. The nearly 30-year-old company may have beat Tesla in total car production in 2023 , but it still only has one tenth the market value. Last year, Tesla’s shares roughly doubled in price. BYD’s rose by about 10%. … Read more

The Impact of Servant Leadership in the Workplace

People all over the globe talk about leadership. C-suite-level executives want to learn how they can better inspire others to lead, as well as how they themselves can lead better. While there have been many studies on various types of leadership, one that stands out is servant leadership. What is Servant Leadership? Servant leadership is … Read more

Alibaba’s Lazada cuts staff across Southeast Asia in fresh round of layoffs

Lazada is the third-largest e-commerce player in Indonesia, after Sea Limited’s Shopee and Tokopedia, according to Momentum Works. Matt Hunt | Lightrocket | Getty Images SINGAPORE — Alibaba-owned Lazada began its latest round of layoffs on Wednesday, a person with direct knowledge of the matter told CNBC, following a slew of media reports about cuts … Read more

SpaceX sues U.S. agency that accused it of firing workers critical of Elon Musk

Elon Musk, CEO of SpaceX and Tesla, looks on as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris on June 16, 2023. Gonzalo Fuentes | Reuters SpaceX on Thursday sued a U.S. labor board that had accused the rocket and satellite maker of … Read more

Alaska Airlines grounds Boeing 737 Max 9 fleet after section blows out midair

An Alaska Airlines plane takes off from Los Angeles International Airport (LAX) on December 4, 2023 in Los Angeles, California.  Mario Tama | Getty Images News | Getty Images Alaska Airlines will temporarily ground its fleet of 65 Boeing 737 Max 9 planes after a section of the plane blew out midflight on Friday, forcing … Read more

Ford reports 7.1% increase in U.S. vehicle sales

2024 Ford F-150 PowerBoost Platinum hybrid Ford DETROIT – Ford Motor’s U.S. sales increased about 7% last year, marking the automaker’s best sales since 2020 but coming in lower than the overall industry’s growth. Ford on Thursday reported sales of nearly 2 million vehicles in 2023, a 7.1% increase from the previous year. The company … Read more

Apple shares slip on report US government preparing antitrust lawsuit

Apple CEO Tim Cook listens as President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., on June 23, 2023. Anna Moneymaker | Getty Images Apple shares slid less than 1% on Friday after The New York Times reported that the … Read more

United Airlines to ground Boeing 737 Max 9 planes after panel blew off Alaska Air flight

A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport on March 13, 2019 in Burlingame, California. Justin Sullivan | Getty Images The Federal Aviation Administration on Saturday ordered airlines to ground more than 170 Boeing 737 Max 9 aircraft for inspections, a day after after a panel on one blew … Read more