Opinion

The recent weekend chaos at US airports has left some wondering what the point was of bailing out the airline industry during the pandemic. But the hundreds of cancelled flights at American Airlines Group show why that aid was needed in the first place. American scrapped about 775 flights over the weekend and into June 21 as bad weather exacerbated ...

Forget the $9 billion of fines that came before. They barely scratched the surface. For Google, this is the big one. The European Commission announced a formal probe into the search giant’s practices in online advertising. After years of antitrust investigations, this is by a country mile the most important, because it focuses on how Google actually makes most of ...

With global inflation set to accelerate, investors accustomed to stimulus-buoyed asset prices are assessing which major central bank will be first to turn off the taps. Although attention has focused on the Federal Reserve, the Bank of England (BOE) could well initiate stepping off the monetary accelerator. The UK economy is already poised to grow by more than 7% this ...

It took just 23 seconds for Qantas Airways Ltd Flight QF72 to drop 690 feet, throwing passengers into the ceiling midway through its journey from Singapore to Perth. Within five seconds, the Airbus A330 experienced forces equal to negative 0.8-times gravity switching to 1.56G, which must have felt first like the drop of a roller coaster followed by an acceleration ...

I remember my very first time walking into a Costco store. I was curious but also a little bemused by the displays, and I didn’t know quite what to make of the throngs of oversize shopping carts that had formed around a table of sweatpants. As a kid, I went on trips with my mom to our local BJ’s Wholesale ...

Even in this crazy market, what to make of a stock that’s risen more than 5,000% since November? I’m not talking about GameStop Corp or AMC Entertainment. Alpine 4 Holdings Inc is a tiny company that few people, myself included, had heard of until I stumbled upon a disclosure it filed late on a recent Friday afternoon. I posed a ...

Justice Stephen Breyer is now the subject of a lobbying campaign to get him to step down — a campaign being conducted by his fans. They’re responding to a peculiar feature of US government: Vast swaths of public policy depend less on the outcome of elections than on a few elderly lawyers’ retirement plans and health. It’s not a situation ...

Did President Joe Biden just issue a red line to Russian leader Vladimir Putin? When Biden described the warning he presented to Putin on cyberattacks, it certainly sounded like one. This is both surprising and potentially problematic, but could also spur much-needed progress in the development of norms and doctrine in cyberspace. Biden called his handing to Putin a list ...

US buyout group Clayton, Dubilier & Rice LLC has chosen a soft target in approaching Wm Morrison Supermarkets Plc with a 5.5 billion pound ($7.6 billion) takeover proposal. The UK grocer says the price is too low. But its defenses are weak and it could have a fight on its hands to stay independent. The only surprise about CD&R’s 230 ...

The world’s cargo ships just can’t seem to get their act together. First there were the queues at the twin ports of Los Angeles and Long Beach, which left as many as 40 container vessels awaiting a berth in early February amid a flood of traffic. Combined volumes at the terminals hit a record of 1.9 million containers in May, ...