Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building events that date back to the 1980s in order to cut…
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Business
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Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory that was shut down last year after a deadly outbreak of listeria poisoning, federal records show. Newly…
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Barry Diller’s IAC said Monday that its board approved the spinoff of Angi, the home improvement marketplace the company acquired in 2017. IAC said it expects the transaction to close in the second quarter of…
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WASHINGTON — The Biden administration will hold off enforcing a requirement laid out in an executive order this month that Nippon Steel abandon its $14.9 billion bid for U.S. Steel, the companies said on Saturday. President Joe…
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Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the NBA’s 76ers and the NHL’s Flyers. The deal…
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Microsoft is forming a new group focused on developing AI apps and providing tools for third-party customers, the company announced Monday. The new group will be led by Jay Parikh, the…
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Business
SEC charges Robinhood with securities violations; brokerage to pay $45 million penalty
by adminThe Securities and Exchange Commission on Monday said two related Robinhood broker-dealers agreed to pay $45 million in combined penalties to settle administrative charges that they violated more than 10 separate securities law provisions related to…
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Business
Barry’s Bootcamp announces new investment as others exit boutique fitness category
by adminAs the boutique fitness sector starts to buckle, Barry’s Bootcamp on Monday announced new investment from Princeton Equity Group. “The reason why this [boutique fitness] works for Barry’s is that…
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Harris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the NBA’s 76ers and the NHL’s Flyers. The deal…
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McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more than a year ago in the Chicago suburb of Bolingbrook,…