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Southwest cuts growth plans, warning effect of Boeing airplane delays will last into 2025

Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing’s airplane delays will hamper its growth into 2025. The airline expects

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Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned.  The company has considered filing for bankruptcy to help it restructure its

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Workers earning up to $58K a year could soon become eligible for overtime pay

Millions more Americans could become eligible for overtime pay. The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for time-and-a-half pay after 40 hours of

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UAW’s Tennessee win fuels backers’ hopes in the South, but some skeptics are unmoved

The United Auto Workers just notched a historic victory in Tennessee, the union’s first major win since signing new contracts in Detroit as it shifts focus to the South. Some

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Congress approved a TikTok ban. Why it could still be years before it takes effect.

TikTok’s fate in the U.S. has never been more in doubt after Congress approved a billthat gives its parent company two options: sell it to an approved buyer or see

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New deep-water channel allows first ship to pass Key Bridge wreckage in Baltimore

BALTIMORE — The first cargo ship passed through a newly opened deep-water channel in Baltimore on Thursday after being stuck in the harbor since the Francis Scott Key Bridge collapsed four weeks

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Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock ‘manipulation’

Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible “unlawful manipulation” of its stock. The stock boost also

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Why the Fed keeping rates higher for longer may not be such a bad thing

With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates

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