AP National Business

DALLAS (AP) — Southwest Airlines says corporate travel is recovering a bit more slowly than the airline had expected. Southwest said Thursday that revenue from “managed” business travel in the quarter ending Sept. 30 will be down 26% to 28% from 2019 levels. That’s a bigger drop than Southwest had forecast earlier. The airline says

TALLAHASSEE, Fla. (AP) — Florida Gov. Ron DeSantis on Wednesday flew two planes of immigrants to Martha’s Vineyard, escalating a tactic by Republican governors to draw attention to what they consider to be the Biden administration’s failed border policies. Flights to the upscale island enclave in Massachusetts were part of an effort to “transport illegal

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Kanye West says he’s breaking up with the Gap. An attorney for Kanye West, who goes by Ye, told The Associated Press that a letter has been sent to the clothing chain Thursday seeking to terminate the contract between Gap and West’s company, Yeezy. The

By KAREEM CHEHAYEB Associated Press BEIRUT (AP) — A Lebanese activist group says they will continue to organize bank heists to help people retrieve their trapped savings in this crisis-hit Mideast country. Activists from the Depositors’ Outcry group made these remarks at a press conference on Thursday, after the group had helped Sali Hafez retrieve

By FATIMA HUSSEIN Associated Press NEW CARROLLTON, Md. (AP) — Treasury Secretary Janet Yellen is laying out her vision for a modernized, responsive, tech-savvy tax collection agency equipped to manage 21st century challenges. At an agency office in New Carrollton, Maryland, Yellen said the IRS plans to hire 5,000 new customer service representatives to vastly

CAIRO (AP) — Flash flooding across Sudan has killed at least 20 people over the past week, raising the official death toll since the rainy season began in May to 134. The country’s National Council for Civil Defense said an additional 120 people had been injured in the flooding in the past week. Torrential downpours

BERLIN (AP) — The German government is urging companies to make a one-off payment to their employees of up to 3,000 euros (dollars) as a way of addressing the impact of rising prices while preventing a spiral of inflation in Europe’s biggest economy.Chancellor Olaf Scholz said Thursday that the government would waive the usual salary-related

AMSTERDAM (AP) — The CEO of Amsterdam’s Schiphol Airport has quit after a summer that descended into chaos and flight cancellations amid staff shortages in the aftermath of the COVID-19 pandemic. CEO Dick Benschop told the board of his decision on Wednesday night and the airport announced his departure Thursday. He says, “I’ve done my

BERLIN (AP) — Germany’s economy minister says the Group of Seven major economies have agreed to take a tougher, more coordinated stance toward China when it comes to trade. Robert Habeck briefed reporters Thursday after a two-day meeting with fellow G-7 officials east of Berlin. He said the discussions about China were part of a

NEW YORK (AP) — Stocks are opening moderately lower on Wall Street, leaving major indexes well in the red for the week following the biggest pullback for the market in more than two years on Tuesday. Railroad operators were mostly higher after a tentative labor agreement was reached, averting a strike across the country that

By MATT OTT and GLENN GAMBOA Associated Press Outdoor gear company Patagonia says “the earth is now our only shareholder” after transferring the company’s ownership from founder Yvon Chouinard and his family to two nonprofits established to fight climate change. In a letter posted on the 50-year-old company’s website Wednesday night, Chouinard said Patagonia would

By The Associated Press Amtrak says it is working to quickly restore canceled trains after President Joe Biden announced that a tentative railway labor agreement has been reached. Amtrak said Thursday that it is reaching out to impacted customers to accommodate on first available departures. Amtrak had canceled a number of its long-distance trains this

By The Associated Press Software company Adobe is buying online design company Figma in an approximately $20 billion cash-and-stock deal. Figma, founded in 2012, allows those who design interactive mobile and web applications to collaborate through multi-player workflows, sophisticated design systems and a rich developer ecosystem. The companies said that Figma’s web-based, multi-player capabilities will

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Americans picked up their spending a bit in August from July even as surging inflation on household necessities like rent and food take a toll on household budgets. The U.S. retail sales rose an unexpected 0.3% last month, from being down 0.4% in July,  the

By MATT OTT AP Business Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell again last week to a four-month low even as the Federal Reserve continues its aggressive interest rate cuts to bring inflation under control. Applications for jobless aid for the week ending Sept. 10 fell by 5,000 to

LONDON (AP) — Shell CEO Ben van Beurden is stepping down at the end of 2022 after nine years in charge as oil and natural gas companies are under pressure to shift away from fossil fuels. Shell said Thursday that he will replaced by Wael Sawan, who is now director of integrated gas, renewables and

NEW YORK (AP) — Futures on Wall Street shifted between small gains and losses as investors turned their attention to an upcoming retail sales report after the White House announced early Thursday morning that a tentative railway labor agreement has been reached, averting a strike that could have been devastating to the economy. Futures for

By LORNE COOK Associated Press BRUSSELS (AP) — European Union lawmakers say Hungary’s nationalist government is deliberately trying to undermine the bloc’s democratic values. They deplore the failure of the 26 other EU countries to take action to bring Hungary back into line. The parliamentarians raised concerns Thursday in a resolution about Hungary’s electoral system,

By LISA ANTHONY of NerdWallet The possibility of a recession in the near future and the likely reduction in credit availability that is often associated with it may drive some small-business owners to explore financing options like a line of credit. Applying for a business line of credit may make sense for businesses that experience