by lisa@patrickmarketingny.com | Dec 7, 2025 | Business News
The U.S. Department of Transportation is waiving part of a fine assessed against Southwest Airlines after the company canceled thousands of flights during a winter storm in 2022. Under a 2023 settlement reached by the Biden administration, Southwest agreed to a $140... by lisa@patrickmarketingny.com | Dec 7, 2025 | Business News
Dec 7 (Reuters) – Brookfield Asset Management and Singapore’s GIC are nearing a binding offer for National Storage REIT in a deal that may value the Sydney-listed company at about 4 billion Australian dollars ($2.65 billion), Bloomberg News reported on Sunday,... by lisa@patrickmarketingny.com | Dec 7, 2025 | Business News
NEW YORK, Dec 7 (Reuters) – American Airlines filed a notice of appearance in Spirit Aviation bankruptcy proceedings and requested to receive all notices and papers served moving forward, according to a court filing. In August, Spirit filed for bankruptcy for a... by lisa@patrickmarketingny.com | Dec 7, 2025 | Business News
VIENNA, Dec 7 (Reuters) – UBS may cut an additional 10,000 jobs by 2027, Swiss paper SonntagsBlick reported on Sunday, not citing where it obtained the information. UBS was not immediately available for comment. (Reporting by Alexandra Schwarz-Goerlich; Writing by... by lisa@patrickmarketingny.com | Dec 6, 2025 | Business News
Dec 6 (Reuters) – Elon Musk on Saturday dismissed media reports that SpaceX is raising funds at an $800 billion valuation, calling them inaccurate. “SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity... by lisa@patrickmarketingny.com | Dec 6, 2025 | Business News
SOFIA, Bulgaria (AP) — Bulgarian maritime authorities on Saturday launched efforts to evacuate the crew of the oil tanker Kairos stranded off the Black Sea port of Ahtopol and believed to be part of the “ shadow fleet ” used by Russia to evade international...
