Business

Lufthansa to cut thousands of jobs as it seeks to boost profitability

German aviation group Lufthansa is cutting 4,000 administrative jobs over the next five years as it seeks to raise profitability…

Electronic Arts going private major $55B buyout deal from investor group

Video game maker Electronic Arts – known for The Sims, Madden NFL, Plants vs. Zombies and more – is going…

Prediction market traders give Mamdani 84% chance of winning New York mayoral race

Traders on the prediction market platform Kalshi now place the odds of Democratic socialist Zohran Mamdani winning the New York…

Ex-NYC Mayor de Blasio defends Mamdani's rent freeze proposal while others warn of market damage

With New York City Mayor Eric Adams' surprise exit from the race on Sunday, democratic socialist mayoral candidate Zohran Mamdani’s…

Trump admin puts $625M toward keeping coal plants open, lower energy costs

The Trump administration announced on Monday a $625 million investment to boost America’s coal industry, a plan that aims to…

Stowaway found dead in American Airlines plane landing gear compartment at Charlotte airport

The body of a stowaway has been found in the landing gear of an American Airlines flight from Europe after…