Business

American Airlines is embarking on an ambitious initiative to test complimentary inflight Wi-Fi, commencing next week. This trial comes amid increasing pressure from both consumers and competitors to provide free internet access during flights. Unlike the traditional model that often involved substantial fees—sometimes exceeding $20 for a single flight—American’s trial flights will serve as a
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The recent confirmation hearing for Jonathan McKernan, President Donald Trump’s nominee to head the Consumer Financial Protection Bureau (CFPB), has spotlighted the tense political landscape surrounding the agency. Democrats, particularly Senator Elizabeth Warren, rigorously questioned McKernan on his commitment to uphold the legal responsibilities of the CFPB in light of the substantial cuts and administrative
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Eli Lilly, a prominent player in the pharmaceutical industry, announced a significant commitment of at least $27 billion towards constructing four new manufacturing sites across the United States. This decision comes amid a surge in demand for their leading obesity and diabetes medications, including tirzepatide, a crucial element in their market-leading products. The company’s latest
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In a recent interview, Jamie Dimon, the CEO of JPMorgan Chase, offered a candid assessment of the U.S. government’s operational efficacy. His commentary highlights a broader discussion regarding governmental efficiency, underlining that the system is beset by inefficiencies and a lack of competence. Dimon didn’t pull punches when he characterized various government agencies as failing
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