Prince’s Hot Chicken Courtesy: Prince’s Hot Chicken This story is part of CNBC’s new quarterly Cities of Success series, which explores cities that have been transformed into business hubs with an entrepreneurial spirit that has attracted capital, companies and workers. Nashville hot chicken had its humble beginnings nearly a century ago. Now, the specialty chicken style … Read more
An out-of-control truck fire shut part of a major motorway near Newcastle overnight, and residents were urged to leave if they were not prepared. Firefighters battled a blaze on the M1 Pacific Mwy near Cameron Park after a truck caught fire on Thursday afternoon. WATCH THE VIDEO ABOVE: Truck bursts into flames near Newcastle sparking … Read more
A Southwest Airlines Boeing 737-700 aircraft lands at Ronald Reagan Washington National Airport in Arlington, Virginia, May 7, 2023. Nicolas Economou | Nurphoto | Getty Images Southwest Airlines and its pilots union are closing in on a new contract that would raise pay for the carrier’s more than 11,000 aviators and end months of contentious … Read more
More than 700,000 drivers are expected to share in $560 million in cost-of-living relief under a toll-relief scheme. But cars registered with businesses, ride-shares, taxis and heavy vehicles will be ineligible for NSW’s $60 toll cap, which starts on January 1. WATCH THE VIDEO ABOVE: Thousands of Sydney drivers to benefit from cap on motorway … Read more
Alaska Air Group has agreed to buy rival Hawaiian Airlines in a $1.9 billion deal, setting up another potential regulatory battle in the second proposed airline merger in less than two years. Alaska would pay $18 a share for Hawaiian and would take on $900 million of its debt, the companies said Sunday. Shares of … Read more
An Alaska Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. Joshua Roberts | Reuters Alaska Air Group‘s executives spent months working on its plan to buy rival Hawaiian Airlines. The airlines’ leaders will now spend many more trying to convince regulators the acquisition … Read more
Airbnb Chief Financial Officer Dave Stephenson will transition into a newly created chief business officer role at the company. Airbnb Chief Financial Officer Dave Stephenson, who helped guide the company through Covid-19 tumult and an initial public offering, will transition into a newly created chief business officer role, Airbnb CEO Brian Chesky said in a … Read more
Could Australia’s love affair with Bali be waning? With its picturesque scenery, lively nightlife, food options, cheap flights and value for money, Australians flock to the Island of the Gods in big numbers every year. But new data suggests travellers are planning to skip Bali, and more broadly Indonesia, this summer. Watch the latest news … Read more
A Boeing 787 ‘Dreamliner’ plane with the logo of tourism giant TUI at Hanover airport in Langenhagen, central Germany. JULIAN STRATENSCHULTE | AFP | Getty Images Shares of Tui were roughly 9% higher mid-morning Wednesday after the German travel group posted full-year results that showed underlying earnings before interest and taxes (EBIT) soared 139%. Revenue rose 11% to 8.5 billion … Read more
American Airlines planes are seen at gates at LaGuardia Airport ahead of the Thanksgiving holiday, in New York City, U.S., November 21, 2023. Shannon Stapleton | Reuters Airlines expect record traveler numbers and revenues in 2024 but will continue to be constrained by the high cost of capital and limited capacity, the International Air Transport … Read more
