Tag: New York

2024-12-16

Why it’s getting harder to get a free first-class flight upgrade

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Business

Passengers deplane through the business class seating area on an American Airlines flight, London Heathrow Airport, Aug. 14, 2018. Jeff Greenberg | Universal Images Group | Getty Images Cheap seats aren’t enough for airline passengers anymore. Since the pandemic, travelers have shown airlines that they’re willing to pay up to sit at the relatively spacious front of the cabin….

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2024-12-06

JetBlue cuts more unprofitable routes, tweaks Europe flights

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Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport AMS EHAM in the Netherlands.  Nicholas Economou | Nurphoto | Getty Images JetBlue Airways told staff Wednesday that it is axing more unprofitable flights, redeploying aircraft outfitted with its…

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2024-10-13

Crypto CEO Horst Jicha skips bond in fraud case

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Horst Jicha discussing cryptocurrency. Source: Team Business Global | YouTube A German national who was under home detention in New York City on a $5 million bond guaranteed by his domestic partner and children in a case in which he was charged with overseeing a $150 million cryptocurrency fraud is now a fugitive. “There’s a very active investigation underway…

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2024-09-27

New York mayor charged in corruption case

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A federal indictment charging New York City Mayor Eric Adams with a decade-long campaign contribution scheme, bribery and other crimes was unsealed Thursday morning, hours after FBI raided his Gracie Mansion residence and seized his phone. The 57-page indictment accuses Adams of five criminal counts related to obtaining illegal donations for his 2021 mayoral campaign, and accepting free luxury…

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2024-09-21

Largest port on East Coast begins preparations for a strike

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Port of New York/New Jersey executives tell CNBC they have begun preparations for a potential complete work stoppage by the International Longshoremen’s Association, the largest North American union for maritime workers. The ILA represents more than 85,000 longshoremen and a strike would shut down five of the 10 busiest ports in North America, and a total of 36 ports…

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2024-09-19

Trump reverses position, vows to ‘get SALT back’

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Republican presidential nominee and former U.S. President Donald Trump attends a press conference at Trump National Golf Club, in Rancho Palos Verdes, U.S., September 13, 2024.  David Swanson | Reuters Former President Donald Trump on Tuesday vowed that he would “get SALT back” if reelected, apparently suggesting that he would eliminate the cap on state and local tax deductions…

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2024-08-29

Foot Locker (FL) earnings Q2 2024

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Business

Foot Locker on Wednesday said comparable sales grew for the first time in six quarters as its efforts to refresh its stores and improve the customer experience continue to bear fruit.  The beleaguered sneaker company’s same-store sales grew 2.6% during its fiscal second quarter, far better than the 0.7% uptick that analysts had expected, according to StreetAccount. Its gross…

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