Alaska Air to cut 200 jobs as fuel costs threaten $700 million annual loss

More in Business

• US court reinstates 'Sunday Ticket' class action verdict against NFL

  Commercial establishments and residential consumers had accused the league of intentionally inflating package rates to shield local network distribution revenues from competition over a decade-long period. The appellate decision solidifies the finding of antitrust liability against the organization, reversing a trial judge's earlier dismissal. However, the legal battle will continue as the parties must now face a retrial solely to establish monetary penalties.

  1 min read
• Noel Tata seeks scrutiny of SP Group's Rs 25,000 cr

  Leadership at Tata Trusts has directed management to thoroughly examine a substantial liquidity request alongside a major internal restructuring plan before an upcoming board meeting. The review focuses on assessing regulatory hurdles, legal viability, and alternative financing methods to prevent reliance on public debt. This dual evaluation will shape future capital distribution and determine the long-term corporate classification of the conglomerate's main holding company.

  4 min read
• Salesforce’s M&A spree continues with a reported $375M deal for defense tech startup Rune

  The enterprise software giant is expanding its national security presence by purchasing Rune Technologies to handle military field operations. Rune specializes in artificial intelligence software that predicts battlefield supply requirements and manages active combat logistics for defense clients. This addition bolsters Salesforce's dedicated defense arm as it looks beyond traditional enterprise administration tools.

  1 min read