A major player in the travel industry has just made some clever financial moves. They managed to cut their borrowing costs and get more cash on hand. Here's how they did it. First, they refinanced a big loan. This isn't just any loan—it's a huge deal worth billions. By refinancing, they lowered the
Dexco, a name once known only for its top-notch storage racks, is now the official brand for the entire company. This change shows how much the industry trusts Dexco for its strong and reliable storage solutions. For over 50 years, Dexco has been making high-quality storage racks. Their products ar
A recent court decision has put a temporary halt to some online sports betting activities in Massachusetts. The case centers around Kalshi, a prediction market that lets people buy and sell contracts based on future events, much like betting on sports outcomes. The state argues that Kalshi is operat
Chile's mining industry is worried about a recent decision to combine the leadership of two important government departments. The president-elect, Jose Antonio Kast, has chosen businessman Daniel Mas to head both the Ministry of Mining and the Ministry of Economy. This move has sparked debate, as Ma
Michael O’Leary, the head of Ryanair, is not bothered by his public fight with Elon Musk. In fact, he thinks it’s great for business. O’Leary said that their ongoing argument has actually helped Ryanair sell more tickets. He even joked that they are running a "Big Idiot Seat Sale" because of it. Th
Uber is in hot water. People in power are starting to question how the company handles safety, especially when it comes to sexual assault. This isn't just a small issue. It's a big deal that's catching attention from many sides. In California, there's a plan to make Uber and similar companies legal
In December, the housing market saw a big drop in pending home sales. This means fewer people signed contracts to buy homes compared to the month before. Experts thought there might be a small increase, but instead, there was a big decrease of 9. 3%. This drop was felt all over the U. S. , with only
Lawmakers in the European Union have decided to pause a big trade agreement with South American countries. They want the top court to check if the deal follows EU rules. The vote was close, with 334 in favor and 324 against, and a few abstentions. This deal, known as the EU-Mercosur agreement, has
Jamie Dimon, the CEO of JPMorgan Chase, recently shared his thoughts on President Trump's proposal to cap credit card interest rates at 10%. He suggested testing this idea in Vermont and Massachusetts. He brought this up at the World Economic Forum in Davos, Switzerland. Dimon believes that a natio
Texas, known for its robust job market, is experiencing a slowdown. In 2025, the state's job growth is expected to be nearly flat, according to the Federal Reserve Bank of Dallas. This is a significant change from Texas' usual strong job growth. The Dallas Fed's forecast uses several models to pred
