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Business Report: Southwest Airlines likely to cut jobs unless bookings ‘triple’

July 14, 2020 - Ackman's blank check company raises IPO target to $4 billion
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Southwest Airlines likely to cut jobs unless bookings 'triple'
Southwest Airlines CEO Gary Kelly told employees on Monday it needs a dramatic jump in passenger demand or it will be forced to take new steps to reduce staffing. Employees…
Ackman's blank check company raises IPO target to $4 billion
Pershing Square Tontine Holdings, the blank check company backed by billionaire investor Bill Ackman, has increased...
PepsiCo sees surge in snacks as soft drink sales fizzle
PepsiCo provided an upbeat start to the second-quarter earnings season on Monday. While revenue at the...
Neiman CEO Geoffroy van Raemdonck bags big checks after waiving salary
The boss of Neiman Marcus has been getting paid lavishly to lead the swanky chain out...
Summer blockbusters 'Tenet' and 'Mulan' likely delayed –again
Movie theaters pinning their reopening success on the August release of blockbuster hopefuls "Tenet'" and "Mulan"...
Tesla stock soars as S&P 500 inclusion appears imminent
Tesla's stock continued to accelerate at breakneck speeds on Monday before investors abruptly slammed the brakes...
Bitcoin scammers have reportedly swiped $24M this year
Scammers and thieves supposedly made off with around $24 million in Bitcoin in the first six...
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