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Delta CEO Ed Bastian reveals what must happen for airline ticket prices to fall
As American travelers feel the pinch of inflation and elevated airline costs, Delta Air Lines CEO Ed Bastian revealed exactly what it will take for ticket prices to decline, pointing directly to a lack of market supply rather than solely fluctuating fuel costs....
Mitch Modell ripped retailer’s new owner during Knicks’ historic NBA Finals run: ‘You blew it. I hope you choke on it’
While the New York Knicks were battling to win the NBA Finals earlier this month, Mitch Modell landed in the middle of a testy exchange with the new owner of Modell’s Sporting Goods — capping months of failed negotiations to buy back the faded retail brand, The...
Wendy’s surges over 40% after viral Reddit post ignites meme-stock frenzy
Wendy’s stock exploded Wednesday after a viral Reddit post sparked a meme stock frenzy that sent shares of the struggling fast-food chain soaring as much as 42% in a matter of hours. The rally, which briefly triggered a volatility halt, appeared to have little...
PG&E bills set to skyrocket —bringing misery for 16 million across California
A fresh warning over California’s sky-high utility bills suggests millions of state residents could soon be paying even more to keep the lights on. Pacific Gas & Electric customers could see their annual energy bills climb by as much as $840 by 2030,...
Oil prices drop near $70 a barrel — lowest level since before Iran war — on hopes for Strait of Hormuz plan
Oil prices fell near $70 a barrel as traders cheered an evacuation plan for vessels trapped in the Strait of Hormuz – hopeful that global energy supplies will normalize quickly if the US and Iran can reach a lasting peace agreement. Brent crude oil futures sank...
Ex-pro soccer player raked in $2.7M trading on secrets pilfered from girlfriend’s laptop, feds allege
A former pro soccer player raked in $2.7 million trading on confidential info he pilfered from his girlfriend’s work laptop, federal prosecutors in New Jersey alleged. Justin Jennings, 27, was hit late Tuesday with securities fraud charges for allegedly...
Dallas OKs incentive package for $1.3B Morgan Stanley office tower
Dallas lawmakers signed off Wednesday on a $18.5 million incentive package to lure a $1.3 billion Morgan Stanley office tower to the city, The Post has learned. Officials at the Dallas City Council unanimously rubber-stamped the deal 15-0 that would give the...
Iran, Oman will start large-scale evacuation of ships through Strait of Hormuz, says IMO
Iran and Oman will start coordinating a large-scale evacuation of stranded vessels through the Strait of Hormuz, in cooperation with the US and nearby coastal states, the International Maritime Organization said Tuesday. The global shipping regulator announced...
Big tech spending on data centers balloons to $850B, with Meta and Microsoft investing tens of billions
Meta and Microsoft are leading the pack of tech giants that are shoveling money into artificial intelligence data-center leases – each committing tens of billions of dollars in their most recent quarters, according to a report. The new agreements helped lift...
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