David Ellison, CEO of Skydance Media attends the 81st Annual Golden Globe Awards at The Beverly Hilton on Jan. 7, 2024 in Beverly Hills, California. Kevin Winter | The Hollywood Reporter | Getty Images David Ellison is making good on his promises. A little more than a month into his tenure as the CEO and…
A Spirit Airlines jet takes off above two United Airlines airplanes at Newark Liberty Airport on March 23, 2018 in Newark, New Jersey. Gary Hershorn | Getty Images LONG BEACH, Calif. — United Airlines CEO Scott Kirby on Thursday predicted Spirit Airlines is going out of business and said the once-profitable discount airline model is…
An Air India Boeing 787-8 Dreamliner. Sopa Images | Lightrocket | Getty Images LONG BEACH, Calif. — Air India CEO Campbell Wilson said the carrier has embraced a “new normal” and a stepped-up safety focus following the crash of one of its planes in June, the deadliest aviation disaster in a decade. All but one…
An Embraer SA E190-E2 passenger aircraft stands on display on day two of the Farnborough International Airshow (FIA) 2018 in Farnborough, U.K., on Tuesday, July 17, 2018. Bloomberg | Bloomberg | Getty Images Brazilian airplane maker Embraer has landed its first U.S. sale of its efficient but slow-selling E2 jets with a 50-plane deal from…
The United States stands to lose about $30 billion in international tourism this year, as the country’s political environment and strong dollar continue to deter foreign travelers from visiting. In early 2025, the U.S. Travel Association projected foreign travel spending would rise to $200.8 billion this year. However, noting a “sharp and widespread” drop in…
Warner Bros. | Universal Studios | Amazon Prime Hollywood is finally leveling up. For decades, studios have tried to capitalize on the financial success and cultural relevance of video games, but it’s only been in the past few years that things have clicked. With the box office achievements of Universal’s “The Super Mario Bros. Movie”…
Jon Morgan, co-founder of business consulting firm, Venture Smarter, was mentoring a Gen Z entrepreneur when he noticed something strange about her life and the one she portrayed online. His 23-year-old mentee had spent 1½ years crafting a luxury travel persona — one that suggested she was living a $500,000-a-year lifestyle, he said. In reality,…
Nan Palmero was at a rehearsal dinner in Mexico City’s trendy Roma Norte neighborhood, ahead of a wedding of two American friends, when he heard a “rumbling” outside. From the restaurant’s second story, Palmero described seeing a large group of people moving through the streets, some holding placards, shouting “Gringos leave.” He later learned that…
The Honey Deuce is the U.S. Open’s most famous cocktail. Nbc | Nbcuniversal | Getty Images While inflation rates have cooled in recent years, U.S. Open attendees may still be experiencing the aftertaste as they sip on the tennis championship’s iconic beverage. The so-called Honey Deuce carries an eye-popping price tag of $23. While the…
Retirement funding looks very different depending on where you live. While the United States leans heavily on voluntary 401(k)-style savings plans, other nations rely on mandatory contributions or more traditional pensions to ensure broad coverage and steady income. Mercer CFA Institute Global Pension Index takes these structural differences into consideration when ranking some of the…
