The U.S. Department of Transportation on Monday said it fined Southwest Airlines $140 million for violating consumer protection laws during last year’s holiday meltdown that stranded millions of customers following severe winter weather. The DOT said the fine is 30 times larger than any fine it has issued for consumer protection violations. It includes a … Read more
The Queensland government is doubling grants for people buying or building their first home. About 12,000 people are expected to benefit from the $30,000 grants available from Monday and set to remain in place until June 30, 2025. The change will cost $210 million, with the money raised through the government’s coal royalties regime. For … Read more
A popular all-you-can-eat Japanese restaurant business has put 16 of its venues across Australia into voluntary administration, with its founder citing delayed costs from the pandemic and rising inflation. Okami businesses at Braddon and Mawson in the ACT; Cronulla, Camden, Dubbo, Marrickville, Sutherland, Pennant Hills, Penrith, and Wagga Wagga in NSW; Camberwell, Ballarat, Hampton, Melton, … Read more
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT — General Motors plans to lay off about 1,300 workers in Michigan starting early next year due to vehicles they produce … Read more
Business is largely back to normal along the global supply chain, including where it all begins for the Care Bear: the factory floor in China. Anward Shen, owner of An’Best Toys in China, which produces the plush toys for U.S. retailer Basic Fun!, said the cost of making a Care Bear is back to where … Read more
Image: Polestar Just over 10 percent of Canadian new car buyers this year chose to buy a battery electric or plug-in hybrid electric vehicle. According to CTV, the exact number is 10.3 percent. The Canadian market is relatively small, as the massive frigid country is expected to purchase around 1.63 million new cars, trucks, and … Read more
Southwest Airlines CEO Bob Jordan speaks as he is interviewed by CNBC outside the New York Stock Exchange on Dec. 9, 2021. Brendan McDermid | Reuters With the peak Christmas travel season just days away, Southwest Airlines‘ CEO vowed that the carrier will not have a repeat of last year’s meltdown that stranded thousands of … Read more
Australians are being reminded to check their superannuation funds to ensure they are maximising results, as experts reveal their best picks for consumers. Comparison site Finder has shared the winners of its super fund awards for 2023, naming the best of the bunch for key categories including low-fee funds, balanced funds, conservative funds and high-growth … Read more
Australians who want their loved ones to receive their gifts before Christmas have less than 24 hours to send their parcels before the official cut-off. Items posted to and from metro locations in every state except for WA and the NT need to be sent by end of business on Monday to get to their … Read more
DETROIT — General Motors‘ plans to diversify its business through trendy industries such as ridesharing and other “mobility” ventures or startups have largely fallen flat since the automaker started investing in such growth areas in 2016. Cruise, its majority-owned autonomous vehicle subsidiary, is increasingly looking like it might be next. The unit has quickly gone … Read more
