Wednesday , 17 December 2025

Recent Posts

Allegiant pilots blocked from strike threats

Bloomberg A judge has permanently blocked the union representing Allegiant Travel Co pilots from threatening a strike or staging a work slowdown in a dispute over a work scheduling system. A magistrate judge in a federal district court in Nevada signed a final order in the case. The ruling resolves a case in which Allegiant claimed a threatened walkout by …

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Gap fires CEO after his efforts fail to reignite sales growth

Bloomberg No longer the khaki king of the ’90s, Gap Inc has been in need of an overhaul for a very long time — and Art Peck won’t be the one to deliver it after all. Gap fired its chief executive officer after his turnaround efforts failed to reignite sales growth, with disappointing third-quarter performance sending shares plummeting in late …

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China considers up to $10b investment in Aramco IPO

Bloomberg Chinese state-owned entities are in talks about investing a combined $5 billion to $10 billion in Aramco’s initial public offering (IPO), people with knowledge of the matter said. The Beijing-based Silk Road Fund is among parties that have been in discussions to buy stock in the offering, according to the people, who asked not to be identified because the …

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