struggle
Breeze Airways reported its first quarterly profit since launching flights in May 2021.Breeze contrasts with budget competitors Spirit and Frontier, which are both struggling post-COVID.Breeze’s niche routes and premium offerings give it an edge over its larger low-cost rivals.Some budget airlines in the US are struggling, but not Breeze Airways.…
Investing.com – European stock markets struggled for direction Friday, as investors digested disappointing UK growth data, French inflation numbers as well as hawkish comments from Fed chair Jerome Powell. At 04:40 ET (09:40 GMT), the in Germany traded largely flat, while the in France fell 0.1% and the in the…
By Alun John and Kevin Buckland LONDON/TOKYO (Reuters) -World stocks dropped for a second successive day on Wednesday, jolted by another push higher in U.S. Treasury yields ahead of inflation data that could inform the pace of Federal Reserve policy easing. MSCI’s all country world index was last down 0.2%,…
By Timothy Gardner WASHINGTON (Reuters) -Former President Donald Trump’s return to the White House could mean tougher enforcement of U.S. oil sanctions against Iran, potentially trimming global supplies, but his administration could struggle to get China, Iran’s top crude customer, to cooperate, analysts said. Cracking down on OPEC-member Iran would…
Gen Z voters who struggle with cursive could slow the vote count, Nevada’s secretary of state said.He attributed higher numbers of problematic mail ballots to young voters without signatures.Many schools stopped cursive instruction in 2010, leading to a generation unfamiliar with the style. Young people are increasingly without distinct signatures…
Missoula has faced rising homelessness as housing costs surge and shelter capacity is strained.A new ordinance regulating sleeping outdoors is pushing more people to seek shelter services.But the city is also overhauling its land-use plan to build more housing and improve affordability. Housing costs and the homeless population have soared…
Germany’s automotive industry is facing an increasingly difficult outlook.Volkswagen may close factories in Germany for the first time, and BMW and Mercedes-Benz are struggling.Experts told BI that all three companies face slumping EV sales and brutal competition in China. Germany’s car giants were once the envy of the world, but…
By Joanna Plucinska LONDON (Reuters) – Europe’s major airlines including Lufthansa and Air France-KLM are expected to report another quarter dragged down by rising costs and limited planes, with no sign of delivery delays from planemakers Boeing (NYSE:) and Airbus improving any time soon. While demand has remained stable, costs…