American Airlines is currently engaged in notable discussions with Citigroup to make them the exclusive issuer of its credit cards, a move that would sever its long-standing relationship with Barclays. This partnership originated after American Airlines absorbed US Airways in 2013, thereby taking on additional complexities in its credit card arrangements. As negotiations advance, the
Business
Darden Restaurants, the parent company of popular dining venues such as Olive Garden and LongHorn Steakhouse, recently announced its fiscal first-quarter results, revealing a disappointing performance on several fronts. The company’s earnings and revenue figures fell short of analysts’ expectations, with notable declines in customer traffic and same-store sales. Despite these challenges, CEO Rick Cardenas
The Women’s National Basketball Association (WNBA) is ushering in an exciting new chapter with the announcement of a 15th team in Portland. This addition, set to take the court in 2026, marks the third franchise introduced during the league’s latest expansion efforts. As the popularity of women’s sports surges, this development reflects strategic optimism within
In an effort to safeguard consumer interests amidst an evolving financial landscape, the Federal Deposit Insurance Corporation (FDIC) has put forth a proposal aimed at improving the oversight of fintech applications that service banking needs. This initiative comes on the heels of the troubling collapse of Synapse, which adversely affected numerous consumers and exposed significant
In a decisive move, the United Auto Workers (UAW) union has filed federal unfair labor practice charges against Stellantis, one of the automotive giants, over alleged breaches of contract terms and attempts to relocate production of the Dodge Durango outside of the United States. This action reflects a growing tension between the union and the
In a landscape increasingly dominated by digital content, the recent two-week blackout of Disney’s networks, including ESPN, on DirecTV, serves as a vivid reminder of the fragile relationships that underpin modern entertainment distribution. Starting on September 1, this blackout left over 11 million DirecTV customers without access to popular live sports, including significant events like
Cancer cachexia represents a severe, often debilitating syndrome that plagues a significant portion of cancer patients. Characterized by significant weight loss, muscle wasting, and debilitating fatigue, cancer cachexia not only diminishes patients’ quality of life but also adversely affects their treatment outcomes. According to recent findings from Pfizer, an experimental drug named ponsegromab is showing
This week, Boeing faces a pivotal moment as workers from the International Association of Machinists and Aerospace Workers (IAM) gather to vote on a new labor contract. As this decisive moment approaches, the air is thick with tension, presenting the risk of a strike that could cripple operations at a critical juncture for the aviation
In a significant upheaval within the automotive industry, Stellantis, a major player formed by the merger of Fiat Chrysler and France’s PSA Group, is grappling with substantial external and internal pressures. Recent public criticisms from its dealer network and the United Auto Workers (UAW) have drawn attention to the company’s dwindling sales and increasingly aggressive
Los Angeles is gearing up to host the 2028 Olympics, following a successful event in Paris in 2024. Mayor Karen Bass expressed her anxiety about the preparations needed for the Games but remains confident that the city will rise to the occasion. Reflecting on the 1984 Olympics in Los Angeles, Mayor Bass believes that the