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Alaska Airlines grounds Boeing 737 Max 9 fleet after section blows out midair
An Alaska Airlines plane takes off from Los Angeles International Airport (LAX) on December 4, 2023 in Los Angeles, California. Mario Tama | Getty Images News | Getty Images Alaska Airlines will temporarily ground its fleet of 65 Boeing 737 Max 9 planes after a section of the plane blew out midflight on Friday, forcing…

A Facebook Executive Who Shared An Anti-Muslim Post Has Apologized To Employees
A top Facebook executive in India has apologized to Muslims in the company for sharing a post on her Facebook page that called India’s Muslims a “degenerate community” for whom “nothing except purity of religion and implementation of Shariah matter.” “Dear friends – The intent of my personal Facebook post was not to denigrate Islam,”…

How Innovation Refunds cashed in on the Employee Retention Credit
The Employee Retention Credit was intended to be a financial lifeline to small businesses struggling to make ends meet during the pandemic. The government program, seemingly flush with cash, led to the emergence of an industry of its own, which focused on helping businesses claim the credits. Suddenly, a parade of ads encouraging businesses to…

Falling mortgage rates lend a helping hand to home buyers
Mortgage rates fell for the eighth consecutive week, giving cash-strapped home buyers some relief as the new year approaches. The average interest rate on the popular 30-year fixed mortgage clocked in at 6.67% for the week ended Dec. 20, down from 6.95% a week earlier, according to data released Thursday by mortgage giant Freddie Mac….

Running a franchise business like fast food is getting more expensive
A customer views a digital menu at the drive-thru outside a McDonald’s restaurant in Peru, Illinois. Daniel Acker | Bloomberg | Getty Images McDonald’s decision to raise royalty fees for the first time in nearly three decades doesn’t mean a wave of franchisees across corporate brands are about to see their cost of doing business…
FAA Formally Notifies Boeing of Investigation Following MAX 9 Incident
Jan. 11, 2024 12:53 pm ET Federal regulators have formally notified Boeing that it is being investigated following an incident with its 737 MAX 9 plane. The Federal Aviation Administration said Thursday that it had notified Boeing of the investigation, which will determine if the company failed to ensure products were safe and met approved…