BUSINESS

Southwest Airlines said in a Friday filing that cancelling 16,700 flights between Dec. 21 and 29 will cost the company nearly $825 million in net losses in their fourth quarter.

Walgreens saw a decrease in shrinkage loss during its first quarter, but suffered an overall loss of $3.7 billion due to opioid litigation.

If you're looking for female-driven entrepreneurial inspiration, this list comprises the top founders, entrepreneurs, and business and lifestyle coaches you should keep an eye on for 2023.

The settlement comes after Peloton recalled its line of treadmills due to the death of a six-year-old child.

Some 3,600 ATV units are being recalled.

Roku TVs are coming to 2023 with advanced streaming services built-in.

Amazon announced its Alexa will soon have a new advanced feature to efficiently assist electric vehicle owners to find chargers.

Bed, Bath & Beyond is considering declaring bankruptcy, as sales continue to plummet and it struggles to pay its debts.

U.S. stocks declined Thursday after a second jobs report in as many days showed a still-strong labor market, indicating inflation remaining stubbornly high.

Mercedes to recall over 320K vehicles over reports of engine stalling.

Elon Musk tweeted on Thursday that Rep. Kevin McCarthy (R-Calif.) "should be Speaker" as the House enters its third day of voting.

Private payroll has risen to 235,000 this month, nearly 100,000 more than the Dow Jones originally predicted in November.

Cox Communications announces its new mobile service, Cox Mobile, at the Consumer Electronics Show in Las Vegas, competing with Charter and Comcast.

The new hiring trend that prefers part-time employees to fill gaps in specialized skills is set to dominate in 2023.

Amazon employees affected by the layoffs will be informed as early as January 18.

The products were distributed from Avery's Savory Popcorn's online store to multiple states, including Texas and Florida.

Wall Street's enthusiasm for Salesforce's shares could be short-lived, as the company's big problem isn't the employee count but its growth strategy.

Southwest Airlines is being sued by a passenger who had their flight canceled over the holidays.

General Motors retakes its spot as America's top automaker from Toyota but U.S. car sales continue to decline into 2023.

U.S. shares of Chinese tech giant Alibaba helped push the Nasdaq Composite Index higher even as a newly released jobs report showed a still-tight labor market.

Software giant Salesforce will cut 10% of its workforce in the upcoming weeks, joining other tech giants in implementing layoffs to begin 2023.

Coinbase on Wednesday agreed to pay $100 million to settle a case with New York regulators.

Twitter will reverse a three-year ban it had on paid political advertising in an apparent attempt to garner more revenue.

The December jobs report could play a major role in the Federal Reserve's decision to end interest rate hikes.

As we welcome 2023, we also welcome changes to the list of the wealthiest people in the world. Here is the current top 25, according to Forbes.

Sam Bankman-Fried, formerly worth an estimated $26 billion, is facing charges that could send him to prison with up to 115 years sentence.

Goldman Sachs has also ended meal allowance for its employees and limited free daily car rides to employees who work well into the evening.

U.S. stocks dipped Tuesday, dragged down by the plummeting share prices of Tesla and Apple and concern over inflation.

Google has told a tribunal in India that the country's antitrust investigators copied parts of a European ruling against the U.S. firm for abusing the market dominance of its Android operating system, arguing the decision be quashed, legal papers show.