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OVER THE PACIFIC OCEAN — The 112 passengers on this Southwest Airlines red-eye from Honolulu to Los Angeles were the last in the airline’s more than 54-year history to scramble for a seat on board. Before dawn on Tuesday, Southwest ended its quirky (or anxiety-inducing, depending on the traveler) open-seating policy in favor of assigned […]
Saks Global Enterprises is in talks to secure a loan of about $1 billion as it prepares for a possible Chapter 11 bankruptcy filing in the coming weeks, Bloomberg News reported on Sunday, citing people familiar with the matter. The luxury retailer missed a $100 million interest payment due Dec. 30 and is negotiating a forbearance […]
Warner Bros. Discovery said Tuesday it’s expanding its strategic review of the business and is open to a sale, sending shares of the company 10% higher in morning trading. Earlier this year, WBD announced plans to split into two separate entities, a streaming and studios business and a global networks business. It’s also been fielding […]
Costco Wholesale, Sam’s Club and BJ’s Wholesale stores. Getty Images On Costco’s last earnings call, executives were grilled about a problem few companies have: how is the company managing crowded stores and jammed-up parking lots? That dilemma is a sign of the times for membership-based warehouse clubs. More Americans have literally joined the club — […]
The developers of Anagram luxury rental apartment towers are expanding the brand in Manhattan. Popular Italian trattoria brand Serafina is growing at even faster pace. The two will come together at 300 E. 50th St. at Second Avenue, where Serafina owners Vittorio Assaf and Fabio Granato will launch their first seafood-driven venue, Serafina Mare, next year. The latest […]
A Southwest Airlines Boeing 737 MAX8 departs from San Diego International Airport to Chicago on March 4, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images ARLINGTON, Texas — Southwest Airlines is considering airport lounges, more premium seating and even long-haul international flights to win over high-spending customers, CEO Bob […]
The Picklr facility in Salt Lake City, Utah Packlr The world’s largest pickleball franchise is coming to Japan. The Picklr, a network of indoor pickleball clubs, will open 20 new locations in the Japanese market over the next five years, the company said on Thursday. The expansion will take place through a strategic partnership with […]
Hash-sheesh! Operators of licensed cannabis stores in New York are griping that they’re unable to open pot lounges where customers can consume weed on site because officials are dragging their feet to draft the needed rules. Illegal weed store signage in Chelsea, New York. Helayne Seidman The Marijuana Regulation and Taxation Act of 2021 legalized […]
It’s with no glee that we report yet another apparent delay in reopening the iconic Waldorf-Astoria Hotel. The doors won’t swing wide again until September, according to our on-the-ground sources. Property owner Daija Insurance Group and hotel management company Hilton for the past few months touted a “spring” reopening, which our sources said would have been […]
A sign hangs outside of a CosMc’s restaurant, a concept recently launched by McDonald’s, in Bolingbrook, Illinois, on Dec. 11, 2023. Scott Olson | Getty Images McDonald’s will shutter three locations of its drinks-focused spinoff brand, CosMc’s. To test the concept, the fast-food giant opened its first CosMc’s location more than a year ago in […]
