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Southwest Air CEO decries ‘no-confidence’ as union ploy

  Bloomberg Southwest Airlines Co. Chief Executive Officer Gary Kelly pushed back against calls for his ouster by four labor groups, saying the personal attack against him is part of a negotiating ploy. “I’m not going anywhere and neither is Mike Van de Ven,” the company’s chief operating officer, Kelly said in a video posted for Southwest employees. “We have ...

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Home tax threatens foreign tech talent in Vancouver

  Bloomberg Vancouver’s technology industry is in danger of becoming collateral damage in British Columbia’s push to rein in spiraling home prices. The surprise decision last week to impose a 15 percent levy on overseas property investors may make it even harder for Vancouver to attract foreign talent and reach its goal of becoming a Canadian version of Silicon Valley. ...

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Million-dollar suburbs soar in wake of Aussie housing boom

  Bloomberg The number of Australian suburbs where homes command a median A$1 million ($762,000) price has surged in the wake of a four-year long housing boom driven by declining interest rates and demand from investors. Suburbs nationwide where the median value is at least A$1 million jumped 29 percent to 613 in the year ended June, and more than ...

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