Senators Warn United-American Merger Would Harm Consumers and Competition
Two senators say a merger between United Airlines and American Airlines would reduce competition, raise fares, and hurt smaller airlines and workers
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Business
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Opera Singer Boosts Car Sales with Singing Videos in Florida
Bass-baritone Andrew Hiers increased his Florida dealership sales by posting videos of himself singing about cars online
Safety advocates push for broker accountability in rising U.S. trucking deaths
With truck-related fatalities rising sharply, new legislation targets driver enforcement but leaves freight brokers largely unregulated, raising concerns among safety advocates
How to Maximize the Benefits of Your Life Insurance Policy
CBS Saturday Morning offers practical advice on optimizing the value and coverage of life insurance to better protect loved ones and financial interests
Allbirds Exits Footwear Business to Pivot as an AI Company
Struggling shoe brand Allbirds announced it is leaving the footwear market to transform itself into an artificial intelligence company
Judge Blocks Nexstar’s $6.2 Billion Acquisition of Tegna Amid Antitrust Lawsuit
A federal judge has halted Nexstar Media Group’s merger with Tegna pending resolution of an antitrust lawsuit filed by eight state attorneys general and…
Nearly One-Fifth of Americans Age 65 and Older Are Still Working Amid Rising Costs
The highest share of Americans aged 65 and older are working or seeking employment, driven largely by financial pressures including increasing living expenses
Roughly 2% of U.S. Households Pay for Generative AI Subscriptions, Spending About…
Subscription use of generative AI tools has grown 155% in a year but remains limited mainly to higher-income households, with most users paying around…
Airlines Cut Summer Routes Due to Rising Jet Fuel Prices Amid Iran Conflict
Major airlines including Delta and Air Canada are reducing flights this summer as jet fuel prices double amid the ongoing Iran war and Strait…
Stocks surge and oil prices drop as Iran confirms Strait of Hormuz is open
Global stock markets rose sharply and oil prices fell about 10% after Iran announced reopening the Strait of Hormuz, easing fears of supply disruptions