Author: Daniel snow

Southwest Airlines starts charging many flyers to check bags this week

By

Passengers check in for Southwest Airlines flights at Chicago Midway International Airport on Feb. 18, 2025 in Chicago, Illinois.Scott Olson | Getty ImagesSet your alarm. Southwest Airlines customers have only one day to go before the company starts charging to check bags for the first time in more than half a century.Starting Wednesday, Southwest will end its blanket “two bags fly free” policy.It was a perk that was sacrosanct among customers and the airlines’ longtime executives alike, setting the airline apart from competitors. But baggage fees brought in nearly $7.3 billion for U.S. airlines last year, according to federal data,…

Read More

Tech conferences are ramping up security to quell employee protests

By

Security officers block entrance doors after pro-Palestinian protesters attempted to enter the Microsoft Build conference at the Seattle Convention Center Arch building in Seattle, Washington on May 19, 2025. Jason Redmond | Afp | Getty ImagesAt Microsoft’s annual Build conference on Tuesday, Executive Vice President Jay Parikh’s keynote was interrupted by an employee protesting the company’s contracts with the Israeli government. The protester at the Seattle Convention Center was quickly whisked away by security guards, including some undercover agents dressed like attendees.More than 800 miles south in Mountain View, California, security guards lined the mainstage of Google I/O, where Alphabet…

Read More

Volvo Cars to cut 3,000 jobs as part of major cost-cutting drive

By

Mikael Sjoberg | Bloomberg | Getty ImagesSweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive.The move comes after the company, which is owned by China’s Geely Holding, announced an 18 billion Swedish kronor ($1.89 billion) cost and cash action plan late last month. Volvo Cars said at the time that the program would include reductions in investments and redundancies at its operations across the globe.This is breaking news. Please refresh for updates. Source link

Read More

Trump delays EU tariffs — but more volatility could be on the way

By

President Donald Trump meets with European Commission President Ursula von Der Leyen at the World Economic Forum, Tuesday, Jan. 21, 2020, in Davos, Switzerland.Evan Vucci | AP PhotoInvestors should “buckle up” for more volatility as the potential for a trade war has not completely dissipated despite U.S. President Donald Trump’s delay of rolling out 50% tariffs on the European Union, analysts warn.Trump announced on Sunday that he had agreed to push the rollout of the punitive import duties back to July 9, following a call with EU Commission President Ursula von der Leyen.The president had initially called for a 50% tariff on EU…

Read More