Tag: business
-
British military warns of possible vessel being boarded near Strait of Hormuz
[ad_1] DUBAI, United Arab Emirates (AP) — The British military warned Saturday that a vessel may have been boarded by an unknown party near the crucial Strait of Hormuz. The warning from the United Kingdom Maritime Trade Operations offered no details about the boarding in the Gulf of Oman off the Emirati port city of…
-
Real estate tycoon’s death sentence is a turning point in Vietnam’s anti-corruption campaign
[ad_1] HANOI, Vietnam (AP) — The unusually harsh death sentence given to a real estate tycoon in Vietnam was a pivotal moment in the decadelong “Blazing Furnace” anti-corruption campaign as the Vietnamese business community wrestled with an uncertain future Friday. Real estate tycoon Truong My Lan, who was sentenced to death Thursday by a court…
-
Delta Air Lines posts a narrow Q1 profit and says travel demand remains strong despite flight scares
[ad_1] Delta Air Lines eked out a narrow first-quarter profit and said Wednesday that demand for travel is strong heading into the summer-vacation season, with travelers seemingly unfazed by recent incidents in the industry that ranged from a panel blowing off a jetliner in flight to a tire falling off another plane during takeoff. Delta…
-
Brazil again extends visa exemptions for US, Canada and Australia, this time until 2025
[ad_1] Brazil’s government has extended exemptions to tourist visa requirements for citizens of the U.S., Australia and Canada until April 2025, extending a program aimed at boosting tourism that had been scheduled to end Wednesday RIO DE JANEIRO — Brazil’s government extended exemptions to tourist visa requirements for citizens of the U.S., Australia and Canada…
-
Spirit Airlines will defer Airbus orders, furlough 260 pilots in race to shore up liquidity
[ad_1] A Spirit Airlines aircraft undergoes operations in preparation for departure at the Austin-Bergstrom International Airport on February 12, 2024 in Austin, Texas. Brandon Bell | Getty Images Spirit Airlines said Monday that it will defer deliveries of new Airbus planes and that it plans to furlough about 260 pilots as it tries to boost…
-
Eclipse flights swarm airports: ‘We had to close the runway to park planes’
[ad_1] General view of the sunset on the boardwalk ahead of this Monday’s eclipse on April 07, 2024 in Mazatlan, Mexico. Hector Vivas | Getty Images Monday’s solar eclipse is giving some of the country’s smaller airports their moment in the sun. The Federal Aviation Administration reported arriving flights at airports from Burlington, Vermont, to…
-
Boeing CEO Calhoun took home $5 million last year, compensation package hit by Max crisis
[ad_1] Boeing CEO Dave Calhoun speaks with reporters on Capitol Hill in Washington, D.C., before meeting with a group of senators on Jan. 24, 2024. Jim Watson | AFP | Getty Images Outgoing Boeing CEO Dave Calhoun’s take-home pay fell to $5 million last year after declining a bonus, compared with $7 million in 2022,…
-
Magnitude 4.8 earthquake strikes northeastern U.S.
[ad_1] A magnitude 4.8 earthquake shook the northeastern United States on Friday morning. The earthquake was felt from Boston down to Baltimore at 10:23 a.m. ET, according to the U.S. Geological Survey. In New York City, where tremors were felt for more than 30 seconds, there were no immediate reports of injuries or damage, but…
-
What is next for billionaire philanthropist MacKenzie Scott’s giving?
[ad_1] Much about billionaire philanthropist MacKenzie Scott’s giving remains a mystery, but those receiving grants from her recent open call for nonprofits do offer some insights, experts say. Scott’s grants, announced in March, largely fall in line with her usual themes — with equity and justice, education, health and economic security and opportunity being the…
-
Vehicle carrying suspected migrants crashes into a river in Albania, killing 8 people
[ad_1] TIRANA, Albania (AP) — A car crashed into a river in southeastern Albania, killing all eight people on board, including seven suspected migrants and a local driver, Albanian police said Tuesday. The driver of the vehicle lost control and veered into the Vjosa River about 240 kilometers (150 miles) southeast of the capital, Tirana,…