Southwest Airlines on Monday announced plans to cut 1,750 jobs, the first broad layoffs in the airline’s 53-year history. The company said the cuts would mostly focus on corporate positions, accounting for about 15 percent of that work force. The layoffs will include 11 senior leaders with titles of vice president or higher, the airline … Read more
In the Wichita courtroom, Hanes offered his only public reflection on the bank collapse. Wearing a gray suit, he walked up to the lectern, glancing nervously at his former friends in the gallery. “I’m sorry,” he told the judge. Until the very end, he explained, he thought he was involved in a legitimate business deal. … Read more
The PGA Tour and Saudi Arabia’s sovereign wealth fund are racing to reshape their plans to combine their rival golf circuits, emboldened by President Donald J. Trump’s eagerness to play peacemaker for a fractured sport, according to four people familiar with the matter. Since the start of secret talks in April 2023, PGA Tour executives … Read more
Humane, the ambitious start-up behind the Ai Pin device that aimed to one day replace smartphones, agreed to sell parts of its business to HP for $116 million, the companies said on Tuesday. HP said it planned to acquire Humane’s “A.I. capabilities,” including its software platform, intellectual property, patents and some employees. The Ai Pin … Read more
News that the Trump administration had agreed with Russia to try to negotiate a peace settlement for Ukraine, without including Ukraine in the talks, was a revelation that many believed reversed years of efforts to isolate Moscow. But prominent voices in the right-wing media world interpreted the development this week as cause for celebration. “Every … Read more
The Senate on Tuesday voted 51 to 45 to confirm Howard Lutnick to be President Trump’s commerce secretary, putting in place one of the administration’s top economic officials who will help oversee an agenda around tariffs and protectionism. Mr. Lutnick, who was the chief executive of the financial services firm Cantor Fitzgerald, became a central … Read more
Dickson Despommier, a microbiologist who proposed that cities should grow food in high-rises, popularizing the term “vertical farming” — an idea that crossed over from the realm of the purely fanciful to become a reality around the globe — died on Feb. 7 in Manhattan. He was 84. His wife, Marlene Bloom, confirmed the death, … Read more
Mira Murati, the former chief technology officer of OpenAI who unexpectedly left the company in September, has helped found a new artificial intelligence start-up called Thinking Machines Lab, adding to the wave of young companies that have been formed in the race to lead A.I. Thinking Machines Lab aims to “make A.I. systems more widely … Read more
The family of one of the 67 victims of a plane crash last month near Washington filed two legal claims against the federal government on Tuesday, seeking compensation and signifying the beginning of what is expected to be a long and complex legal fight. The claims, which appear to be the first against the U.S. … Read more
In February of last year, as videos of tweens racing to Sephora for beautifully packaged creams and serums that contained anti-aging chemicals flooded TikTok, a legislator in California tried to end that trend by introducing a bill that would stop stores from selling those products to them. It failed. Now, even though the chatter around … Read more