A trade group for the nation’s big airlines predicts that air travel over the Labor Day weekend will rise 2 percent from the same holiday last year.
To win the hearts of frequent business travelers, United Airlines is going through their stomachs. The carrier is upgrading first class food options and replacing snacks with full meals on some of its shortest flights.
The Justice Department has announced a $16.65 billion settlement with Bank of America over its role in the sale of mortgage-backed securities in the run-up to the financial crisis.
Sears Holdings Inc. recorded a hefty second-quarter loss Thursday on another sales slump, raising more concerns about the future of a company that once was a staple of American shopping. The company, which operates Sears and Kmart, said it plans to do more cost-cutting to right the ship.
Russia’s food safety agency said Thursday that it was checking McDonald’s restaurants around the country, a day after several branches of the chain were shuttered in Moscow. The pressure on the American chain, which has 435 restaurants in Russia, comes at a time of heightened tensions over the fighting in eastern Ukraine.
Workers at Hostess Brands’ Schiller Park bakery were blindsided by news Wednesday that the company plans to close the plant where the iconic Twinkie snack cake was invented more than 84 years ago.