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Southwest’s bag fees and other changes could backfire, Fitch warns

Southwest’s bag fees and other changes could backfire, Fitch warns

Business News

A Southwest Airlines jet approaches Midway Airport on Dec. 15, 2023, in Chicago. (John J. Kim/Chicago Tribune/Tribune News Service via Getty Images) John J. Kim | Chicago Tribune | Getty Images Southwest Airlines‘ new policies such as charging for checked bags for the first time could backfire, Fitch Ratings said Thursday. Southwest is reversing its […]

Southwest’s bag fees and other changes could backfire, Fitch warns Read More »

Stellantis idles plants in Mexico and Canada due to tariffs

Stellantis idles plants in Mexico and Canada due to tariffs

Business News

The Stellantis Windsor Assembly Plant is shown on April 1, 2025 in Windsor, Canada.  Bill Pugliano | Getty Images DETROIT — Stellantis is pausing production at two assembly plants in Canada and Mexico as the company attempts to navigate President Donald Trump’s new round of 25% automotive tariffs, the company confirmed Thursday. The actions are

Stellantis idles plants in Mexico and Canada due to tariffs Read More »

Trump’s 25% auto tariffs are in effect. What investors need to know

Trump’s 25% auto tariffs are in effect. What investors need to know

Business News

Vehicles seen on the lot of a Ford auto dealership in Montebello, California on April 1, 2025. Frederic J. Brown | Afp | Getty Images DETROIT — President Donald Trump’s 25% tariffs on imported vehicles to the U.S. have taken effect, but the impacts of the new levies on investors and the global automotive industry

Trump’s 25% auto tariffs are in effect. What investors need to know Read More »

Trump’s massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair

Trump’s massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair

Business News

File: workers at the Maxport factory, which makes activewear for various textile clothing brands, in Hanoi.  Nhac Nguyen | Afp | Getty Images Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China. For years, China’s southern neighbor became a popular alternative

Trump’s massive 46% Vietnam tariffs could hit Nike, American Eagle and Wayfair Read More »

Advertisers look for flexibility as uncertainty around tariffs swirls

Advertisers look for flexibility as uncertainty around tariffs swirls

Business News

Brands and advertisers are seeking flexible terms as they face uncertainty about how impending U.S. tariffs will affect their businesses. The push for more lenient agreements, in which companies could pivot budgets quickly or shift their focus to different types of marketing depending on how the tariffs shake out, has been the focus of conversations

Advertisers look for flexibility as uncertainty around tariffs swirls Read More »

UFC signs wide-ranging sponsorship deal with Meta, bringing Mark Zuckerberg closer to Dana White

UFC signs wide-ranging sponsorship deal with Meta, bringing Mark Zuckerberg closer to Dana White

Business News

UFC CEO Dana White, left, and Meta CEO Mark Zuckerberg attend the UFC 300 event at T-Mobile Arena in Las Vegas, Nevada, April 13, 2024. Jeff Bottari | Ufc | Getty Images TKO Group’s UFC has struck a multimillion-dollar, multiple-year partnership deal with Meta that will bring the mixed martial arts league closer to Mark

UFC signs wide-ranging sponsorship deal with Meta, bringing Mark Zuckerberg closer to Dana White Read More »

United Airlines adds Thailand, Vietnam and Australia flights in latest expansion

United Airlines adds Thailand, Vietnam and Australia flights in latest expansion

Business News

A Boeing 787 Dreamliner operated by United Airlines takes off at Los Angeles International Airport (LAX) on January 9, 2013 in Los Angeles, California. David McNew | Getty Images United Airlines plans to add daily flights to Vietnam and Thailand in October, further expanding the network for the U.S. carrier that already has the most

United Airlines adds Thailand, Vietnam and Australia flights in latest expansion Read More »

Tequila maker says tariffs won’t affect his prices. Here’s why he plans to absorb costs

Tequila maker says tariffs won’t affect his prices. Here’s why he plans to absorb costs

Business News

Suerte Tequila’s dedicated factory and agave farm in Jalisco Mexico. Courtesy: Suerte Tequila While some tequila makers have warned they might have to implement price hikes to offset tariffs, Colorado-based Suerte Tequila said it has been able to keep overhead prices low enough that it will absorb the levies if necessary. The Jalisco-made tequila label

Tequila maker says tariffs won’t affect his prices. Here’s why he plans to absorb costs Read More »

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