Southwest Airlines agreed to a record-setting $140 million civil penalty over a meltdown that led to 16,900 flight cancellations and stranded 2 million passengers.
Read More Southwest Airlines agrees to $140 million penalty over 2022 holiday meltdown
Investors wondering whether markets can continue their torrid rally are eyeing a nearly $6 trillion pile of cash on the sidelines.
Read More A $6 trillion cash hoard could fuel more U.S. stock gains as Fed pivots
AT&T will purchase some electric vehicles from startup Rivian in a pilot program to evaluate ways to reduce cost, cut carbon emissions and improve safety.
Read More AT&T to buy Rivian electric vehicles in pilot deal to cut cost, emissions
U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start amid deep discounting.
Read More US retail sales beat expectations; weekly jobless claims fall
Dealers squaring their books ahead of an options expiration may be helping to tamp down swings in U.S. stocks.
Read More Why are US stocks sluggish? Some blame a looming $5 trillion options expiration
An investor group consisting of Arkhouse Management and Brigade Capital has made a $5.8 billion offer to take department store chain Macy’s private.
Read More Macy’s investors mount $5.8 billion buyout bid