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☆ When my 6-year-old asked to get her ears pierced, I took her to a professional piercer. It was much safer than the way I did it.
▼ + stars: | 2024-04-13 | by ( Saba Khonsari | ) www.businessinsider.com time to read: +4 min

Read previewThis year, we took our 6-year-old to get her ears pierced. If our kids wanted them, we would take them to get their ears pierced. I got my ears pierced with a piercing gun at a mallI myself was not allowed to pierce my ears until I was 12. AdvertisementWhen my kids decided they wanted to get their ears pierced, I opted to take them to a professional piercing studio. AdvertisementNow, it's a place I go on a Monday night to get my daughter's ears pierced.

Persons: —, Merle Norman, Professional Piercers, it's, Johns Hopkins, Rachel Dawkins, piercers Organizations: Service, Business, Professional

☆ 2023 was year of the strike. Here’s what’s possibly ahead in 2024
▼ + stars: | 2024-02-21 | by ( Chris Isidore | ) edition.cnn.com time to read: +6 min

The 33 strikes last year is roughly double the average of 16.7 major strikes a year over the course of the last 20 years. A separate database of all work stoppages by Cornell University’s School of Industrial and Labor Relations shows that there were 451 work stoppages in 2023, up 9% from the 2022 total. So the major strikes of 1,000 or more account for less than 10% of the overall number of strikes. So many of the major strikes and contract negotiations that occurred in 2023 will not occur again in 2024. But that doesn’t mean there isn’t a chance of some major work stoppages this year.

Persons: Joe Biden Organizations: New, New York CNN, Labor Department, Bureau of Labor Statistics, SAG, Cornell University’s School of Industrial and Labor Relations, General Motors, Ford, Anheuser, Busch, Teamsters, CNN, Molson Coors, Hollywood, Writers Guild of America, Boeing Boeing, Boeing, Max, Alaska Airlines, Professional, American Airlines, Labor, Railway Labor Locations: New York, America, Fort Worth , Texas, Canada, Hollywood, Washington

☆ Flight attendant who was on Alaska Airlines when door plug blew out is now picketing for ‘living wage’
▼ + stars: | 2024-02-13 | by ( Chris Isidore | ) edition.cnn.com time to read: +9 min

New York CNN —Steve Maller, a flight attendant for nearly 20 years, was one of the flight attendants on the Alaska Airlines flight 1282 when a door plug blew out. But he did say he’s also proud of how the flight attendants on board responded. “We have flight attendants who live in cars because they can’t afford to live where they’re based,” she said. A flight attendant wears a pin reading,' Flight Attendants Save Live!' He said many are already walking out — and the steady flow of flight attendants leaving Alaska every month worries him.

Persons: Steve Maller, Maller, Ben Minicucci, ”, ” Maller, “, he’s, He’s, haven’t, don’t, Joe Raedle, Julie Hedrick, we’re, We’re, Ondrea Wallace, she’s, Wallace, we’ve, Joe Biden, Nam, Sara Nelson, Biden Organizations: New, New York CNN, Alaska Airlines, of Flight, National Transportation Safety, General Motors, Ford, Railway Labor, United Airlines, Miami International Airport, —, Association of Professional, Association of Flight, CWA, Transport Workers Union, American Airlines, Railway Labor Act, O'Hare International, AFA, United, Alaska Air Locations: New York, Alaska, Portland , Oregon, Portland, Alaksa, United, Southwest, Chicago, ”

☆ Pilots got their payday. Now flights attendants are pushing airlines for higher wages
▼ + stars: | 2024-02-13 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

CHICAGO, ILLINOIS - JANUARY 24: American Airlines workers picket at O'Hare International Airport on January 24, 2023 in Chicago, Illinois. The workers, mostly flight attendants with the Association of Professional Flight Attendants (APFA), were picketing to demand better working conditions as their contract negotiations continue. (Photo by Scott Olson/Getty Images)Airline pilots won pay raises worth billions of dollars in new labor deals last year. Flight attendants from United Airlines , American Airlines , Southwest Airlines , Alaska Airlines and others picketed Tuesday at dozens of airports around the U.S., demanding higher wages and a better quality of life. American and other carriers told CNBC they are optimistic that they will reach agreements with their flight attendants in the coming months.

Persons: Scott Olson, Sara Nelson Organizations: American Airlines, Association of Professional, United Airlines, Southwest Airlines, Alaska Airlines, Association of Flight, CWA, United, autoworkers, UPS, haven't, CNBC, Labor Locations: CHICAGO , ILLINOIS, Chicago , Illinois, United, U.S

FORT WORTH, Texas (AP) — Federal mediators have rejected a union's request that could have cleared the way for a year-end strike by flight attendants at American Airlines. The National Mediation Board instead directed the airline and the Association of Professional Flight Attendants to keep negotiating over a new contract. “We look forward to continued negotiations with APFA and reaching an agreement our flight attendants have earned,” American said in a statement Tuesday. The airline says its proposal to pay flight attendants during boarding would make the 11% raise more like 18%. American, which is based in Fort Worth, Texas, is proposing to match Delta’s decision last year to pay flight attendants during boarding.

Persons: Julie Hedrick, ” Hedrick, “ Organizations: —, American Airlines, Association of Professional, APFA Locations: Texas, American's, Fort Worth , Texas

☆ American Airlines’ flight attendants want to strike. But it won’t disrupt your holiday travels
▼ + stars: | 2023-11-21 | by ( Chris Isidore | ) edition.cnn.com time to read: +7 min

New York CNN —American Airlines’ flight attendants’ union wants permission from the government to go on strike in 30 days. The Association of Professional Flight Attendants, which represents more than 23,000 members at American has not overcome any of the many legal hurdles it needs to conquer before the union could strike. But even if the flight attendants win their request to have the clock start ticking towards a strike 30 days from now, a strike then is not likely. But it’s possible, and in the case of American Airlines, likely, that Congress would act to block a strike. Last month, flight attendants at Southwest Airlines won an immediate 20% raise, with retroactive pay.

Persons: ’, APFA, ”, Julie Hedrick, we’ve, Joe Biden, Biden, he’s, they’ve, AFPA Organizations: New, New York CNN — American Airlines, Airline, Railway Labor, Professional, Airlines, United Auto Workers, General Motors, Ford, American Airlines, Southwest, Southwest Airlines, Allied Pilots Association, Spirit Airlines, Northwest Airlines Locations: New York, Southwest, Delta, United

☆ Unions are the strongest in decades. Nearly a million Americans got double-digit raises as a result
▼ + stars: | 2023-11-21 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

New York CNN —Nearly 900,000 Americans sitting down to Thanksgiving dinner this week will have unions – and the double-digit pay increases they won – to thank. The strike lasted more than six weeks before the union won contracts it was seeking from all three unionized US automakers. The unions won significant pay increases and job protections they were seeking. And even with some of the contracts that pass, some union members offer significant opposition, believing they could have negotiated for even more. The union won a contract approved by 86% of membership who voted on ratification.

Persons: “, ”, Wheaton, Emily Elconin, David Paul Morris, Stellantis, Kate Andrias, Mike Blake, It’s, Greg Regan, ” Regan, Heidi Shierholz, union’s, Cornell’s Wheaton, That’s, EPI’s Organizations: New, New York CNN, CNN, Cornell University’s School of Industrial and Labor Relations, United Auto Workers, General Motors, Ford, Kaiser Permanente, Ford Motor Co, Michigan Assembly, Bloomberg, Getty, Writers Guild, SAG, Teamsters, UPS, Culinary, Los, Pilots, American, United, Southwest, The, Professional, American Airlines, FedEx, United Airlines, San Francisco International Airport, Detroit, MGM Entertainment, UAW, Big, GM, Labor, Columbia Law, Motors, Workers, AFL, Economic Policy Institute, Labor Department, Union, Toyota, Honda, Hyundai, Starbucks, Starbucks Workers United, ” Locations: New York, Buffalo, Kaiser, Michigan, Wayne , Michigan, DisneyWorld, Los Angeles, Vegas

Officials with the Southwest Airlines Pilots Association say they too will ask for the right to strike if they don't have a contract deal with the airline in the next few days. “We definitely don't feel any equality here,” said Erik Harris, treasurer of the flight attendants' union. “How come the pilots have gotten their deal and we haven't?”Because of pattern bargaining, Southwest pilots are likely to wind up with raises like those approved for American Airlines pilots. The Southwest pilots' union has already tried and failed once this year to get permission to strike. On Thursday, several dozen American Airlines flight attendants picketed along a thoroughfare outside company headquarters in Texas, some carrying signs reading, “Ready to strike."

Persons: ”, “, Erik Harris, Tom Nekouei, Harris Organizations: —, Airlines, The, Professional, Southwest, Southwest Airlines Pilots Association, U.S, Spirit Airlines, National, Board, American Airlines, Boeing, ”, United Auto Workers, Hollywood, Teamsters, United Parcel Service Locations: Texas, Dallas, Fort Worth, Southwest, ” Dallas

☆ American Airlines flight attendants aren't happy they still have to stay in a hotel where a colleague died in 'suspicious' circumstances
▼ + stars: | 2023-10-14 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

Flight attendants turned up at American Airlines HQ with a letter of no confidence in a senior executive. Union members are angry they've not been relocated from a hotel in Philadelphia where a colleague died. AdvertisementAdvertisementLast month, a 66-year-old AA flight attendant was found dead in a room at the Marriott with "a cloth in her mouth." In a statement the APFA said: "The lack of action on flight attendant safety and security and the appalling lack of flight attendant support on the line is utterly unacceptable." In August the AFPA, which represents 26,000 flight attendants, voted overwhelmingly to authorize a strike if American refused to agree to "reasonable" contract terms, Reuters reported.

Persons: Brady Byrne, they've, —, Robert Isom, Brady Byrnes, Byrnes, APFA, Mr Brynes, Kevin Dietsch Organizations: American Airlines, Service, Fort, Association of Professional, AA, Marriott, Reuters Locations: Philadelphia, Fort Worth

☆ Securities traders are gathering in Washington, trying to figure out what the SEC is doing
▼ + stars: | 2023-10-11 | by ( Bob Pisani | ) www.cnbc.com time to read: +6 min

The seal of the U.S. Securities and Exchange Commission hangs on the wall at SEC headquarters in Washington, June 24, 2011. The big topic: trying to figure out what the Securities and Exchange Commission is doing. These wholesalers may send the orders to exchanges, but often match the orders against their own internal order flow. Gallagher will also likely weigh in on payment for order flow as well. "I'm doing everything backwards, I'm leaving a trade group and going into politics, but sometimes you gotta step up."

Persons: There's, Gary Gensler, Gensler, Schwab, ETrade, Hester Peirce, Jonathan Kellner, Peirce, Hope Jarkowski, Rostin Behnam, Dan Gallagher, Matt Andresen, Gallagher, Jim, George Santos, Santos Organizations: U.S . Securities, Exchange, SEC, Securities, Securities and Exchange, Security Traders Association, Security Traders Association of New, Marriott Marquis, Intelligence, Citadel, Republican, MEMX, Democratic, NYSE, CFTC, Corporate, Headlands Technology, Congress Locations: Washington, Security Traders Association of New York, U.S, Long

☆ House Republicans push IRS for answers on processing pause for small business tax credit
▼ + stars: | 2023-10-04 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

Rep. Jason Smith, R-Mo., speaks during a House Oversight and Accountability Committee impeachment inquiry hearing on Sept. 28, 2023. Jonathan Ernst | ReutersHouse Republicans are pressing the IRS for answers after the agency paused processing new claims for a pandemic-era small business tax break. Lawmakers voiced "continued concerns" about the employee retention credit, or ERC, which was enacted to support small businesses during the Covid-19 pandemic. The backlog of unprocessed ERC claimsAs of Sept. 27, the total inventory of unprocessed Forms 941-X, used to amend an employer's quarterly federal tax returns, was roughly 779,000, according to the IRS. However, the ERC claim backlog may be significantly higher due to professional employer organizations, or PEOs, which provide payroll benefits and other HR services.

Persons: Jason Smith, Jonathan Ernst, David Schweikert, Pat Cleary Organizations: Reuters, Republicans, ERC, IRS, National Association of Professional Locations: Worth

☆ What higher-for-longer interest rates could mean for tech stocks
▼ + stars: | 2023-08-31 | by ( Krystal Hur | American Airlines Flight Attendants Vote To Authorize A Strike | ) edition.cnn.com time to read: +5 min

CNN —After roaring higher for most of this year, the rally in tech stocks sputtered in August as investors grew increasingly worried about how long the Federal Reserve will keep interest rates high. Strong economic data in recent months has investors betting that the Fed will keep interest rates higher for longer. Higher yields also mean companies will need to pay more interest on their debt in the future, eating into future cash flows. Sustained, lofty yields could particularly pose a problem for tech stocks, which often trade at a premium because of the promise of rapid growth. Any sell-off in tech could reverberate across the broader market, since those stocks are largely responsible for propelling this year’s rally.

Persons: Ivana Delevska, Spear, Bryan Mena, CNN’s Gregory Wallace, Julie Hedrick, “ We’re, Read Organizations: CNN Business, Bell, CNN, Federal Reserve, Treasury, Nvidia, Devices, Marvell Technology, Gross, Commerce, American Airlines, Association of Professional, Airline

☆ American Airlines flight attendants vote to authorize strike - union
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +1 min

An American Airlines Airbus A321 plane takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018. REUTERS/Mike Blake Acquire Licensing RightsAug 30 (Reuters) - American Airlines' (AAL.O) flight attendants voted to authorize a strike if the company refuses to agree to "reasonable" contract terms, the Association of Professional Flight Attendants (APFA) said on Wednesday. An overwhelming 99.47% of the flight attendants represented by the labor union voted to authorize a strike, according to APFA that covers more than 26,000 flight attendants at the carrier. "Flight attendants are fired up and ready for a contract. They (the company) ignore this strike vote at their peril," Julie Hedrick, national president of APFA, said in a statement.

Persons: Mike Blake, Julie Hedrick, APFA, Priyamvada, Maju Samuel Organizations: American Airlines Airbus, Los Angeles International, REUTERS, American Airlines, Association of Professional, United Airlines, Delta Air Lines, Thomson Locations: Los Angeles , California, U.S, Bengaluru

☆ Luis Rubiales: Spain's football federation threatens legal action against Women's World Cup winner Jennifer Hermoso
▼ + stars: | 2023-08-26 | by ( Aimee Lewis Alex Stambaugh Al Goodman Gerardo Lemos | Aimee Lewis | Alex Stambaugh | ) edition.cnn.com time to read: +4 min

CNN —Spain’s football federation has threatened to take legal action against one of the country’s star players, Jennifer Hermoso, accusing her of lying about being kissed by federation president Luis Rubiales. The President has not lied,” the Royal Spanish Football Federation (RFEF) said, alongside descriptions of photos attempting to support Rubiales’ claim. CNN has reached out to soccer’s world governing body FIFA and UEFA, European soccer’s governing body. Following Rubiales’ comments on Friday, the president of Spain’s High Council of Sport (CSD), Víctor Francos, said the council would look to suspend Rubiales as quickly as it could while following due process. While acknowledging on Friday he needed to apologize for his actions, Rubiales described calls for his resignation as a “witch hunt.”

Persons: CNN —, Jennifer Hermoso, Luis Rubiales, Hermoso, “, ”, Rubiales, ” Luis Rubiales, Noe Llamas, ” Rubiales, Pedro Sánchez, Víctor Francos Organizations: CNN, CNN — Spain’s, Spain, Spain’s Association of Professional Soccer, Rubiales, Royal Spanish Football Federation, Futpro, FIFA, UEFA, England, Spain’s, Twitter, National, Spain’s High, of Sport, Spanish government’s Ministry of Culture Locations: ”, Futpro Union, European, Spanish

☆ FIFA suspends Spanish soccer president over controversial World Cup kiss
▼ + stars: | 2023-08-26 | by ( Leila Sackur | ) www.cnbc.com time to read: +4 min

FIFA suspended the president of the Spanish soccer federation Saturday after star player Jenni Hermoso accused him of a nonconsensual kiss during the celebrations of Spain's Women's World Cup victory. Rubiales and representatives from the Royal Spanish Football Federation were also ordered to refrain from contacting Hermoso and anyone close to her, the statement said. The announcement came hours after Spain's soccer federation said Saturday it would take legal action to defend Rubiales from "lies." It added that Pedro Rocha Junco, the vice president of the federation, would be the interim president. In her statement, Hermoso denied Rubiales' contention that the kiss he gave her was consensual.

Persons: Jenni Hermoso, Spain's, Luis Rubiales, Rubiales, Pedro Rocha Junco, Hermoso, Yolanda Diaz Organizations: FIFA, Royal Spanish Football Federation, Rubiales, England, Labour, Spain's Association of Professional Soccer, National Team Locations: Spanish, Sydney, Spain

☆ Luis Rubiales: Spain's RFEF president refuses to resign after fierce criticism for unwanted kiss on Jennifer Hermoso
▼ + stars: | 2023-08-25 | by ( Patrick Sung | ) edition.cnn.com time to read: +3 min

CNN —Spanish soccer chief Luis Rubiales has refused to resign from his position as Royal Spanish Football Federation (RFEF) president following a week of fierce criticism after video showed him placing an unwanted kiss on a star player of Spain’s winning Women’s World Cup team. “It was a spontaneous kiss … It was spontaneous, mutual, euphoric and with consent, which is the key. This is the key to all of the criticism, of all of the campaign which has been mounted in this country: that it was without consent. She’s the one who picked me up in her arms and she pulled me into her body. While acknowledging he needed to apologize for his actions, Rubiales described calls for his resignation as a “witch hunt.”More to follow.

Persons: Luis Rubiales, Spain’s, Rubiales, ” Rubiales, Jennifer Hermoso –, “, Pedro Sánchez, ”, ” Luis Rubiales, Jennifer Hermoso, Noe Llamas, Hermoso, TMJ, Jenni, ‘, ’, peck, excusing Organizations: CNN, Spanish, Royal Spanish Football Federation, La Roja, Spain’s, England, Spain’s Association of Professional Soccer, FIFA Locations: Spain, Sydney –, Spanish, “

☆ Trump has tapped Georgia's 'bondsman to the stars,' whose clientele includes Atlanta celebs like Gucci Mane, T.I., and Rick Ross
▼ + stars: | 2023-08-25 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +2 min

Donald Trump plans to post bail through local bail bondsman Charles Shaw of Foster Bail Bonds. Shaw has become somewhat of a local fixture in the bail bonds world. "Shaw is something of a bondsman to the stars in Atlanta," New York Times reporter Shaila Dewan wrote. AdvertisementAdvertisementBefore that, Shaw worked with Altanata law enforcement and soon became a private investigator, according to Barikos. According to the Times, Shaw is also covering the bonds of Mark Meadows, David Shafer, and Rudy Giuliani — co-defendants in the election interference case.

Persons: Donald Trump, bondsman Charles Shaw, Foster, Shaw, Gucci Mane, Rick Ross, Charles Shaw, Bonds, Susan Barikos, Barikos, she's, Morrow, John Lampl, Claud, Tex, McIver, Shaila Dewan, He's, Mark Meadows, David Shafer, Rudy Giuliani — Organizations: Service, Atlanta's, New York Times, Georgia Association of Professional, Times Locations: Wall, Silicon, Georgia, Lawrenceville, Morrow , Georgia, Atlanta

☆ Jennifer Hermoso: Spanish women footballers' union vows to fight 'machismo and sexism' after World Cup kiss controversy
▼ + stars: | 2023-08-24 | by ( Tara Subramaniam David Close Florencia Trucco | Tara Subramaniam | David Close | ) edition.cnn.com time to read: +3 min

On Monday, Rubiales admitted he had “made a mistake” by kissing Hermoso after she collected her winners’ medal. Rubiales embraces Hermoso just before video showed him kissing her after Spain's World Cup victory over England. Imago/ZUMA PressThe controversy comes against a backdrop of ongoing unrest between Spain’s players, coach Jorge Vilda and the football federation. However, the football federation backed Vilda, who has himself become embroiled in a controversy surrounding the World Cup final after video emerged of him appearing to inappropriately touch a female staff member during the match. CNN has reached out seeking comment from Vilda, the Royal Spanish Football Federation and the staff member.

Persons: Jennifer Hermoso, “ machismo, “, Luis Rubiales, ”, TMJ, ” FUTPRO, Rubiales, Hermoso, ” Rubiales, Pedro Sánchez, Victor Francos, Jorge Vilda, Spain’s Organizations: CNN, country’s, ” Spain’s Association of Professional Soccer, Royal Spanish Football Federation, England, Spanish, of Sport, ZUMA Locations: England

☆ An American Airlines flight attendant says she was accused of fraud after taking leave for post-mastectomy surgery
▼ + stars: | 2023-06-17 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

An American Airlines flight attendant said she was accused of fraud after taking medical leave. Jeannine Schumacher said she took medical leave for reconstructive surgery after a mastectomy. An American Airlines flight attendant said she was accused of taking fraudulent medical leave linked to a cancer diagnosis. Following successful treatment, Schumacher said she requested medical leave for reconstructive surgery, which her attendance manager appeared to informally approve over the phone for four consecutive months. Up to half of breast-cancer survivors in the US undergo reconstructive surgery after a mastectomy, according to the National Library of Medicine.

Persons: Jeannine Schumacher, Schumacher, who's, she'd, There's Organizations: American Airlines, Association of Professional, American Cancer Society, National Library of Medicine, Department of Labor, Airlines Locations: Phoenix

☆ American Airlines, flight attendants union seek mediation in contract negotiations
▼ + stars: | 2023-03-03 | by ( ) www.reuters.com time to read: +1 min

CHICAGO, March 3 (Reuters) - American Airlines (AAL.O) and its flight attendants union on Friday jointly applied for federal mediation in contract negotiations. The Association of Professional Flight Attendants (APFA), which represents over 23,000 American flight attendants, said the decision to seek mediation is intended to move contract negotiations forward. The current round of negotiations started in January 2020 but was paused at the height of the pandemic. American Airlines said it welcomed the assistance from the National Mediation Board (NMB) to "maintain the positive momentum" in the negotiations. It is expected to assign a mediator who will set the timing and location of the negotiations.

☆ I quit the big city to become a virtual assistant in the Spanish mountains. Here's how I work fewer hours and got started without personal-assistant experience.
▼ + stars: | 2023-01-23 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

This as-told-to essay is based on a conversation with Helen Taylor, a 40-year-old virtual assistant living in the Asturias province of Spain. But from my research, I realized that "virtual assistant" is an umbrella term for a lot of different work. Associates work for a lead virtual assistant who hands over the tasks they may not have the time or ability to complete. I started by offering clients tasks I knew I could do. I start work early so my clients in London can start at 9 a.m. with a clean inbox.

American Airlines illicitly retaliated against flight attendants who reported toxic fumes entering airplane cabins, according to an investigation by the Occupational Health and Safety Administration (OSHA). According to a whistleblower investigation initiated in August, the Texas-based carrier responded to the flight attendants' complaints by docking attendance points and discouraging them from reporting work-related injuries and illnesses. "The fact that American Airlines is assigning points that can lead to termination for lingering effects of toxic fume inhalation and other work-related injuries is unacceptable," the association said. In a statement, American said: "The safety of our team members and customers is always American’s top priority. We are reviewing the findings of the OSHA investigation."

☆ Here's what flight attendants want you to know about flying
▼ + stars: | 2022-11-23 | by ( Francesca Street | ) edition.cnn.com time to read: +22 min

Navigating the world of airports and airplanes at this time can be stressful, but if anyone’s an expert in holiday travel, it’s flight attendants. That said, sometimes flight attendants are only in a destination for 24 hours. Flight attendants support this kind of switching about, but will try not to interfere unless there are issues. And yes, some celebrities have a reputation for being rude, and that reputation will spread among flight attendants. I think a lot of flight attendants would agree with me on that.”What strange things do people leave behind in the cabin?

☆ Airline unions urge carriers not to resume buybacks when bailout ban ends this fall
▼ + stars: | 2022-08-18 | by ( Leslie Josephs | ) www.cnbc.com time to read: +4 min

A United Airlines flight crew walks through the terminal at San Francisco International Airport on April 12, 2020 in San Francisco, California. Labor unions don't want them to spend it on stock buybacks. A condition of the $54 billion in federal aid that airlines received to pay workers during the Covid pandemic prohibited carriers from share buybacks. Many of the workers represented by the unions advocating against a resumption of buybacks are in contract negotiations with their carriers. She estimated that the earliest that airlines would resume would be mid-2023, with Alaska Airlines and Southwest the most likely candidates among U.S. carriers.

☆ How to create a succession plan for when you step down as CEO, from 2 founders who did it
▼ + stars: | 2022-07-23 | by ( Jennifer Billock | ) www.businessinsider.com time to read: +8 min

Coming up with the idea before the business was bornRuss and Sky told Insider they actually put their succession plan in place before the business was even fully formed. To help create their succession plan, Russ and Sky brought in an outside coach who specialized in family businesses. That strategy is written right into APB's succession plan. Room for flexibilityAn important part of APB's succession plan is the ability to remain open to the future. "A lot of the times, in family business, it's the case of you're working for your future," Russ said.

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