Business

Delta Air Lines sees higher fares staying in place for consumers amid higher costs for fuel and other expenses, even if oil prices return to more moderate levels and allow jet fuel costs to decline in turn.Delta CEO Ed Bastian said on the company's quarterly earnings call that the dynamics of the airline industry have changed significantly as higher fuel prices, as well as increases in other categories of operational […]

Carnival Cruise Line hosted a traditional steel-cutting ceremony on Friday at the Fincantieri shipyard in Monfalcone, Italy, marking a major milestone in the construction of its newest next-generation ship, Carnival Destiny, set to debut in summer 2029.The event featured a high-tech 3D hologram giving onlookers a first look at the vessel, which will lead Carnival's brand-new "Ace Class" fleet.Two additional Ace Class sister ships are set to hit the water […]

A passenger on a Ryanair flight was reportedly nearly sucked out of a broken window in midair on Friday morning.The incident occurred on Flight 1879 from Thessaloniki, Greece, to Memmingen, Germany, after a piece of debris came off one of the airliner's engines and broke the window shortly after takeoff, Greek media outlets reported.A woman who was on the flight and witnessed the incident told Radio Thessaloniki that most of […]

The financial pressures battering the U.S. restaurant industry have reached one of America’s most iconic legacy brands.Multiple news outlets reported Friday that Dairy Queen has shuttered dozens of locations nationwide. From the heart of Texas to the interior of Alaska, local communities are losing long-standing businesses as independent franchisees grapple with a tightening economic climate and strict corporate compliance mandates.In late June, a single franchisee in Alaska closed its three […]

As oil prices react to the latest back-and-forth between the United States and Iran, fingers are being pointed as to why gas prices remain closer to $4 a gallon than $3 a gallon.The price of a barrel of oil influences the price of gas. Within the cost of a gallon, oil producers sell the oil to a refinery that in turn sells the gas to a station. Also, in the […]

President Donald Trump is returning from the annual NATO summit in Turkey having secured several deals involving allies investing in U.S. defense companies and moving to expand production in Europe.The White House on Thursday released a fact sheet outlining $3 billion in deals and joint ventures involving U.S. defense companies and America's European allies that will boost the defense industrial base on both sides of the Atlantic. It comes amid […]

United Airlines must face a lawsuit filed by passengers who say they paid extra for window seats that had no actual windows.On Monday, U.S. District Judge James Donato in San Francisco rejected the airline's attempt to have the lawsuit dismissed.UNITED FLIGHT RETURNS MIDAIR AFTER BLUETOOTH DEVICE NAME REPORTEDLY SPARKS SECURITY SCAREThe airline offered a defense that "window" referred to the location of a seat relative to the cabin wall and […]

Citadel founder and CEO Ken Griffin took direct aim at rising socialist sentiment in America, telling progressive politicians to "read a damn history book" while warning that high taxes and poor public services are driving Wall Street out of blue states.Speaking at a Goldman Sachs symposium, the billionaire hedge fund manager detailed how he believes fiscal mismanagement in cities like New York is accelerating a financial migration toward business-friendly hubs […]

San Francisco pet owners are set to lose access to one of the pet care industry's biggest brands with the upcoming closure of the city's lone PetSmart location.PetSmart's store located in the City Center shopping center on Geary Blvd. is set to close on July 19, according to a report by SFGate.The pet store chain confirmed the planned closure in an email to SFGate, explaining that the company remains "committed […]