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Author: News Room
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 to about 15 percent of that work force. The layoffs will include 11 senior leaders with titles of vice president or higher, the airline said. Most of the cuts will be carried out by the end of June.In a statement, Southwest’s chief executive, Bob Jordan, called the decision “unprecedented.”“We are at a pivotal moment as we transform Southwest Airlines into a leaner, faster and more agile organization,” he said. “I…
The fire hose of Elon Musk news continues: We’ve got more on the controversy over the access to sensitive I.R.S. data that Musk’s cost-cutting team is seeking and the resignation of a senior official at the Social Security Administration over a similar issue.And in case you missed it, there were two revealing long reads about the Murdoch family’s internal battles: one in The Times Magazine based on more than 3,000 pages of secret court transcripts, and another in The Atlantic that included intimate details directly from James Murdoch. Finally, here’s a great watch from over the weekend: Adam Sandler’s tribute…
The Internal Revenue Service is preparing to give a team member working with Elon Musk’s so-called Department of Government Efficiency access to sensitive taxpayer data, people familiar with the matter said.The systems at the I.R.S. contain the private financial data tied to millions of Americans, including their tax returns, Social Security numbers, addresses, banking details and employment information.“Waste, fraud and abuse have been deeply entrenched in our broken system for far too long,” Harrison Fields, a White House spokesman, said. “It takes direct access to the system to identify and fix it.”Mr. Fields added: “DOGE will continue to shine a…
Southwest Airlines on Monday announced plans to cut 15 percent of its work force, the first round of broad layoffs in the airline’s 53-year history.The company said it planned to cut about 1,750 jobs, with the cuts mostly focused on corporate positions. The layoffs will include 11 senior leaders with titles of vice president or higher, the airline said. Most of the cuts will be carried out by the end of June.In a statement, Southwest’s chief executive, Bob Jordan, called the decision “unprecedented.”“We are at a pivotal moment as we transform Southwest Airlines into a leaner, faster and more agile…
As President Trump’s efforts to restructure the global trade system with expansive tariffs begin to take shape, one question continues to dog officials at the Federal Reserve: How will these policies impact the central bank’s plans to lower interest rates?One influential Fed governor made clear on Monday that he did not expect Mr. Trump’s policies to derail the Fed’s efforts to get inflation under control, suggesting instead that fresh interest rate cuts are still in play this year.“My baseline view is that any imposition of tariffs will only modestly increase prices and in a nonpersistent manner,” Christopher J. Waller, the…
An advertisement that was set to run in some editions of The Washington Post on Tuesday calling for Elon Musk to be fired from his role in government was abruptly canceled, according to one of the advocacy groups that had ordered the ad.Common Cause said it was told by the newspaper on Friday that the ad was being pulled. The full-page ad, known as a wraparound, would have covered the front and back pages of editions delivered to the White House, the Pentagon and Congress, and was planned in collaboration with the Southern Poverty Law Center Action Fund.A separate, full-page…
The South Korean government said on Monday that it had temporarily suspended new downloads of an artificial intelligence chatbot made by DeepSeek, the Chinese company that has sent shock waves through the tech world.On Monday night, the app was not available in the Apple or Google app stores in South Korea, although DeepSeek was still accessible via a web browser. Regulators said the app service would resume after they had ensured it complied with South Korea’s laws on protecting personal information.The Chinese chatbot has topped the charts of most downloaded apps around the world since its release last month. The…
“Paddington 2 is the greatest film ever made,” one user posted on X in 2022.This tweet was not ironic.In the seven years since its release in January 2018, the film about a marmalade-loving bear’s quest to find the perfect gift for his beloved aunt has become an internet phenomenon, spawning memes, think pieces and an endorsement from Nicolas Cage. For a time, it was the best-reviewed film ever on the aggregator site Rotten Tomatoes.“A very eclectic group of people respond to it in the way that they do,” David Heyman, a producer on “Paddington 2” and its 2015 predecessor, “Paddington,”…
Nicki Wilson was shocked when her local newspaper reported in March 2023 that the Triplex Theater, an independent four-screen movie house in Great Barrington, Mass., was shutting down after almost three decades in business.The Triplex, the only theater in town, was a much-loved fixture, attracting moviegoers from all around the Berkshires, even on winter nights when not much else was open, Ms. Wilson said.“I couldn’t imagine living in a town without a movie theater,” she said.Ms. Wilson wasn’t the only one who felt this way, and after a communitywide campaign the Triplex reopened in November 2023 in a much different…
President Trump’s policies could threaten many big green energy projects in the coming years, but his election has already dealt a big blow to an ambitious California effort to replace thousands of diesel-fueled trucks with battery-powered semis.The California plan, which has been closely watched by other states and countries, was meant to take a big leap forward last year, with a requirement that some of the more than 30,000 trucks that move cargo in and out of ports start using semis that don’t emit carbon dioxide.But after Mr. Trump was elected, California regulators withdrew their plan, which required a federal…