Latest in Alaska Airlines plans new nonstop flights to Japan, Korea in $1 billion postmerger profit push
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SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
US blasts countries that ‘stood in the way of progress to protect their profits’ over collapsed plastic talks
The White House criticized a group of oil-rich countries as well as corporations who make money from plastic production in a new statement after global talks for a treaty to reduce plastic waste ...The Hill - Dec. 3 -
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Japan dispatches a plane and navy ship after spotting a Russian submarine
Japan has dispatched a surveillance plane and a navy ship after spotting a Russian submarine off the coast of a southwestern island near TaiwanABC News - Dec. 3 -
Airlines, hotels pushing "Travel Tuesday" discounts
Airlines and hotels are offering up their own deal day to go along with Black Friday and Cyber Monday, dolling out big discounts for trips on Travel Tuesday. Katy Nastro, travel expert and ...CBS News - Dec. 3 -
United Airlines CEO talks flight junk fees, Trump's potential tariffs
United Airlines CEO Scott Kirby speaks to "CBS Mornings" about the potential impact of new trade tariffs on fares as U.S. airports saw a record number of flyers at the end of Thanksgiving weekend, ...CBS News - Dec. 3 -
Frontier Airlines will install first-class seats as industry battles for high-paying flyers
Frontier Airlines next year will retrofit its Airbus jetliners to include two rows of first-class seats.CNBC - Dec. 3 -
Trump vows to block U.S. Steel's takeover by Japan's Nippon Steel
President-elect Donald Trump said he is "totally against" Japan's Nippon Steel buying U.S. Steel.CBS News - Dec. 3 -
Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.CBS News - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
Japan’s Nomura bank boss takes 30% voluntary pay cut after worker tries to kill customer
Wealth management employee charged with robbery, attempted murder and arson after home visit to elderly clients. Business live – latest updates The boss of the Japanese bank Nomura has ...The Guardian - Dec. 3 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - Dec. 3 -
Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.CNBC - Dec. 3 -
Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - Dec. 3 -
Real estate tycoon must pay $9 billion to avoid execution in Vietnam
A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan, rejecting her appeal in a $12 billion embezzlement and bribery case.NBC News - Dec. 3 -
Raw sewage spills push harmful bacteria beyond legal limits
Expert testing carried out for BBC Spotlight found harmful bacteria well in excess of legal limits.BBC News - Dec. 3 -
Replica Harry Potter swords broke Japan weapons law
The Japanese police say the tip of the blade is sharp enough for it to be classified as an actual sword.BBC News - Dec. 3 -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
‘It’s nonstop’: how noise pollution threatens the return of Norway’s whales
Recordings by biologist Heike Vester reveal how oil and gas exploration as well as cruises, fishing boats and even whale-watchers are adding to the din underwater. From the moment that the ...The Guardian - Dec. 3 -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - Dec. 3 -
Honeywell announces a new collaboration with Bombardier. But it’ll weigh on this year’s profit.
Shares of Honeywell International Inc. fell in extended trading Monday after the conglomerate cut its outlook for the months ahead, citing the costs of investing in a new tech-focused collaboration ...MarketWatch - Dec. 3 -
Replica Harry Potter swords recalled in Japan for breaking weapons law
Police said 86cm stainless steel blade – mounted on a wooden plaque and sold in the hundreds – contravened Japan’s firearms and sword control law. Full-size replica swords sold as souvenirs at a ...The Guardian - Dec. 3 -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - Dec. 2 -
2 Delta attendants fail breathalyzer test before international flight
Delta says it pulled pair of crew members from duty after random screening by Dutch authorities.CBS News - Dec. 2 -
Hunter Biden prosecutor pushes back on president's politicization claim
Special counsel David Weiss' office on Monday appeared to push back against President Joe Biden's claim that its prosecutions of Hunter Biden were politically motivated, calling such allegations ...NBC News - Dec. 2 -
Following Hunter Biden pardon, prosecutors push back against criticism of charges
A day after President Biden pardoned his son Hunter Biden, prosecutors rebutted the president's allegation that their charges were motivated by politics.ABC News - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -
Are Airline Loyalty Programs Worth It?
Some travelers, frustrated with changing airline rewards programs, have stopped chasing status and adopted different strategies when booking flights and using credit cards.The New York Times - Dec. 2 -
Rwanda asylum scheme spent £50m on flights that never took off, data reveals
Home Secretary says £700m scheme did not result in a single deportation or stop any boats crossing the Channel. A failed Conservative plan to send people seeking asylum to Rwanda spent £50m on ...The Guardian - Dec. 2