Business

JetBlue and Alaska Air Show That Not All Airlines Are Hurting

By Adam Levine-Weinberg

Unit revenue growth accelerated last quarter for the two midsize airlines.

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Ford Job Cuts: How Will Its $11 Billion Restructuring Plan Help?

Ford will cut thousands of jobs in Europe as part of a $11 billion restructuring plan that will occur over the next three to five years.

By Dawn Geske

White House hails China trade truce as skeptics raise doubts

The Trump administration is celebrating the 90-day truce it reached in its trade war with China as a significant breakthrough despite scant details.

By Christopher Rugaber

May won't rule out no-deal Brexit; bank says firms not ready

The Bank of England warned that such a scenario could plunge the country into its deepest recession in decades.

By Jill Lawless

Trump suggests he's looking into tariffs on car imports

A day earlier, Trump threatened to slash federal subsidies to General Motors for wanting to close five U.S. factories.

By Jonathan Lemire

UK central bank warns of deep recession without Brexit deal

Leaving the European Union without a divorce deal could plunge Britain into its deepest recession in nearly a century, the Bank of England warned Wednesday.

By Jill Lawless

Angry over cutbacks, Trump threatens to end subsidies to GM

General Motors announced it would shutter five plants and slash 14,000 jobs in North America, many of them in the U.S. Midwest.

By Jonathan Lemire

Dolce&Gabbana accused of insulting China; blames hackers

A Dolce&Gabbana show scheduled for Wednesday night, an extravaganza meant as a tribute to China with Asian stars invited to take front-row seats, was called off.

By Associated Press