Qatar Airways Sees Robust Travel Demand Amid Capacity Squeeze
Qatar Airways forecast robust travel demand for the rest of the year and said it would look to add more routes, depending on how fast it gets new Airbus SE and Boeing Co. jets.
Bloomberg Business
Most Canada Government Workers End Strike With Deal on Wages
About 120,000 workers in Canada’s federal public service ended a strike after the government of Prime Minister Justin Trudeau agreed to wage increases of about 12% over four years.
SoFi Remains Optimistic Profitability Is Possible by End of Year
SoFi Technologies Inc., the online lender suing the Biden administration for its student-loan repayment pause, reported a smaller loss than analysts expected and said it still expects to be profitable this year.
Italy Approves New Labor Market Reform With May Day Decree
Italy’s right-wing government on Monday approved a labor market reform that cuts taxes for workers while further scaling back an unemployment benefit brought in by a previous administration.
Workers’ Well-Being Tops Agenda at Annual Shareholder Meetings
Amazon and Walmart are among roughly 60 companies being asked to improve employees’ health and safety.
ESPN’s Jimmy Pitaro Will Decide the Fate of Cable Television
Trying to forecast when ESPN will go entirely online is one of the great guessing games of the media industry
Apple, Qualcomm, AMD Earnings to Put Tech Rebound In Focus
Stronger-than-expected results from Meta, Microsoft and Alphabet last week may have allayed some concerns about the slowdown in demand for technology, but investor angst over the sector hasn’t completely dissipated.
First Republic Becomes Second-Largest Ever US Bank Failure
For just over one month, Silicon Valley Bank was the second-largest bank failure in US history. That was until First Republic Bank, a California lender that catered to wealthy clients, knocked it off that spot.
JPMorgan’s Venture Arm Makes Fertility Bet in $25 Million Deal
JPMorgan Chase & Co.’s health care venture arm, Morgan Health, is investing $25 million in Kindbody, a New York-based fertility startup, in its latest bet on employer-sponsored care.
Morgan Stanley’s Wilson Says Hawkish Fed Could Damp Stock Rally
Stock market investors holding on to hopes that the Federal Reserve will cut rates in the second half could be disappointed later this week, according to Morgan Stanley’s Michael Wilson — a staunch Wall Street bear.
