Author: News Room

Airlines flashed an early-warning signal on Tuesday, suggesting that consumers and businesses were starting to get nervous amid wider economic and political uncertainty.Several carriers cut their financial forecasts for the first few months of the year, saying that revenue would be weaker than expected. They pointed to a number of reasons: bad weather, high-profile plane crashes, and less spending by consumers, businesses and the federal government.“We just went through a little bit of a parade of horribles,” Ed Bastian, the chief executive of Delta Air Lines, said at the J.P. Morgan Industrials Conference on Tuesday morning.Delta, Southwest Airlines and American…

In his first meeting with top executives from PepsiCo, W.K. Kellogg, General Mills and other large companies, Robert F. Kennedy Jr., the health secretary, bluntly told them that a top priority would be eliminating artificial dyes from the nation’s food supply.At the Monday meeting, Mr. Kennedy emphasized that it was a “strong desire and urgent priority” of the new Trump administration to rid the food system of artificial colorings.In addition, he warned the companies that they should anticipate significant change as a result of his quest for “getting the worse ingredients out” of food, according to a letter from the…

While the slopes may still be open across much of North America, it’s time to think about next season.The major passes, including Epic and Ikon, as well as the smaller Mountain Collective, have recently announced sales for the 2025-26 season. The Indy Pass has already completed its early sales, although opportunities to purchase it will likely resurface later.Though the ski website SnowBrains found that most prices went up between 6 and 7 percent, spring sales are when passes are cheapest.“Now is the time to save and go skiing for under $100 a day,” said Dan Sherman, chief marketing officer at…

Trump faces an increasingly tough crowd President Trump won over Americans with a promise to return the country to “boom” times of low taxes and deregulation. Fifty days into office, he’s now pitching an economy in “a period of transition” for which he can’t rule out a recession.His stay-patient message may get tested on Tuesday, when he is set to meet with members of the Business Roundtable, whose ranks include influential C.E.O.s — many of whose companies’ stocks have been hit hard by tariff-fueled market fears.Stock futures are up a little n Tuesday — but still stung by Monday’s huge…

As Delaware lawmakers prepare to hold hearings tomorrow about a bill that could reshape corporate America, some of the biggest corporate law firms are coming out in favor of it.On Tuesday, 21 law firms — including Simpson Thacher and Bartlett; Cravath, Swaine & Moore; and Paul, Weiss, Rifkind, Wharton & Garrison — will publish a letter strongly supporting legislation that would override a series of decisions by the Delaware Court of Chancery. These rulings have prompted backlash from companies and led many, including Meta, to contemplate moving their incorporation outside the state.The bill is “an important step in maintaining Delaware’s…

Southwest Airlines on Tuesday said it would start charging for checked bags, ending another longtime policy that had set it apart from other airlines as it seeks to boost revenues.Customers with the highest loyalty status will be spared from the fee, but all others will have to pay for checked bags for flights booked starting on May 28. The announcement represented Southwest’s latest decision to drop a practice that had made it unique — and appealing — to customers.The airline is also working to add premium seats, end its open-seating policy and recently started offering red-eye flights. When it announced…

The U.S. power grid added more capacity from solar energy in 2024 than from any other source in a single year in more than two decades, according to a new industry report released on Tuesday.The data was released a day after the new U.S. energy secretary, Chris Wright, strongly criticized solar and wind energy on two fronts. He said on Monday at the start of CERAWeek by S&P Global, an annual energy conference in Houston, that they couldn’t meet the growing electricity needs of the world and that their use was driving up energy costs.The report, produced by the Solar…

Fears over the future health of the global economy are continuing to rattle markets around the world, as investors grapple with the reality of tariffs and fresh signs that consumers are pulling back on spending.After the S&P 500 suffered its worst day of the year on Monday, the sell-off continued into Asia trading on Tuesday.Asian markets opened mostly lower, with Japan’s Nikkei 225 index falling about 2 percent, weighed down by big declines in Japanese technology stocks. Stock markets in South Korea and Taiwan also fell around 2 percent in early trading.Equity markets in China were faring slightly better. Shares…

Delta Air Lines on Monday cut its financial forecast for the first three months of the year, saying that growing economic concerns among businesses and consumers had lowered demand for domestic travel.The airline’s warning was the latest sign that the U.S. economy, or at least perceptions of it, have been weakening in part because of changes in federal policies announced by President Trump.Delta said it now expected quarterly revenue to rise by at least 3 percent from a year ago, down from a minimum gain of 7 percent it had projected just two months earlier. Delta’s share price, which fell…

Ruth Marcus, a columnist and editor for The Washington Post’s opinion section, said Monday she was leaving the newspaper after Will Lewis, the paper’s publisher, killed a column she wrote that was critical of the editorial pages’ new direction.Ms. Marcus announced her resignation in an email to her colleagues at The Post, saying she had arrived at the decision to resign “with immense sadness.”“I am taking this step, after more than 40 years at The Post, following Will’s decision to spike a column that I wrote expressing concern about the newly announced direction for the section and declined to discuss…