Delta Air Lines Inc. is rolling back some of the widespread and unpopular changes to its SkyMiles loyalty program, trimming the increase in requirements for various status levels and adding access to its airport lounges. But the shift to using cash spent, not miles flown, in calculating rewards remains in place.
Ariel Investments Co-Chief Executive Officer Mellody Hobson said she thinks the US will face a recession “at some point” but that it won’t cause a hard landing since businesses are financially stable and corporate balance sheets are strong.
Trump loyalist Jim Jordan lost ground Wednesday in his second ballot for US speaker, imperiling his candidacy for the job as Republicans struggle to fill a leadership vacuum that has paralyzed the House.
Elon Musk, the billionaire who has tangled repeatedly with the Securities and Exchange Commission, urged the US Supreme Court to restrict the Wall Street regulator’s ability to press cases before its in-house judges.
Ford Motor Co. would face for the first time $1 billion in fines from 2027 to 2032 under stricter proposed average fuel economy rules that target SUV and truck manufacturers, according to a filing the Dearborn-based manufacturer has made with the federal government.
Amazon.com Inc. laid out plans to expand its still-experimental drone delivery effort, announcing the start of sending prescription medication by air and promising to start flights in Britain and Italy by late 2024.
Amazon.com Inc. laid out plans to expand its still-experimental drone delivery effort, announcing the start of sending prescription medication by air and promising to start flights in Britain and Italy by late 2024.
The New York Stock Exchange and Nasdaq would no longer be able to offer a kind of special discount that rewards Wall Street brokerages for routing large amounts of trade orders to them under a new plan from the Securities and Exchange Commission.
The New York Stock Exchange and Nasdaq would no longer be able to offer a kind of special discount that rewards Wall Street brokerages for routing large amounts of trade orders to them under a new plan from the Securities and Exchange Commission.
Oil rose after Iran called for an embargo against Israel by Muslim countries, following a deadly explosion at a Gaza hospital that raised the risk of wider hostilities in the Middle East.
