A dovish shift Stocks are on a three-day winning streak as investors cheer cooling trade-war tensions. Another boost has come from the Fed and from Google, whose shares are up nearly 5 percent in premarket trading on decent first-quarter results. But while Washington and Beijing seem to be easing off their brinkmanship, it may be…
Southwest Airlines on Monday announced plans to cut 1,750 jobs, the first round of broad layoffs in the airline’s 53-year history. The company said the cuts would mostly focus on corporate positions, accounting to about 15 percent of that work force. The layoffs will include 11 senior leaders with titles of vice president or higher,…
This year just got started, but it is already shaping up nicely for U.S. airlines. After several setbacks, the industry ended 2024 in a fairly strong position because of healthy demand for tickets and the ability of several airlines to control costs and raise fares, experts said. Barring any big problems, airlines — especially the…