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☆ Russia canceled its premiere international air show because it was afraid nobody would show up, UK intel says
▼ + stars: | 2023-07-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +2 min

Russia has canceled its premiere international air show out of fears nobody would come. UK intel says security concerns over recent drone attacks in Moscow also led to the cancelation. It would've been the first air show since the war began, and intel suggested Russia canceled it for two main reasons: "Reputational damage if fewer international delegations attended" and "security concerns" over recent drone attacks in Moscow. Russia's aerospace industry has been hit hard since the country's invasion of Ukraine in February 2022. It is struggling under sweeping international sanctions and Gen. Sergei Surovikin, the commander of Russia's aerospace forces, is now missing from public view.

Persons: —, MAKS, Sergei Surovikin, Surovikin, Yevgeny Prigozhin, Surovikin hasn't Organizations: intel, Service, UK Ministry of Defense, Wagner Locations: Russia, Moscow, Ukraine, Russian, Prigozhin

“The excesses of the Supreme Court are going to backfire,” said Rep. Ritchie Torres, a New York Democrat. “The Supreme Court is becoming not just conservative, but almost – it’s like a throwback. For months the White House publicly said there was no alternative plan if the Supreme Court struck down the student debt relief program. The White House also stayed in touch with and fielded suggestions for next steps from debt relief advocate groups and congressional allies throughout the process. A team from the White House counsel’s office came to brief him on the ruling.

Persons: Joe Biden wasn’t, ”, Biden, Donald Trump –, Ritchie Torres, “, Roe, Wade, it’s, ” Biden, hasn’t, we’re, Jeff Zients, –, Natalie Quillian, “ I’m, cancelation, Wisdom Cole, galvanizing, Congress –, Adam Green Organizations: CNN, Democratic, Biden, New, New York Democrat, Republican Party, Seagram, MSNBC, White House, White, Council, National Economic Council, Department of Education, Department of Justice, Justice Department and Education Department, Higher, Youth & College, NAACP, Congress, Progressive, Institute Locations: New York, New York City

☆ Fourth of July Travel: Why Your Flight Cancelation or Delay Is Inevitable
▼ + stars: | 2023-06-30 | by ( Ethan M. Steinberg | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/july-4-travel-flights-delays-airports-858db1d9

Persons: Dow Jones

☆ Two developments created in a tug-of-war in Amazon stock, fueling debate on our next move
▼ + stars: | 2023-06-21 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: It's, Jim Cramer, Jim, Lina Khan, Homestretch, Jefferies, it's, Jim Cramer's, Washington, Mike Segar Organizations: Amazon, Trade, Jefferies, Web Services, Big Tech, Jim Cramer's Charitable, CNBC Locations: New York

☆ J.D. Power ranked airlines across 3 fare classes according to its annual customer satisfaction survey — see the results
▼ + stars: | 2023-05-10 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

JetBlue Airways, Delta Air Lines, and Southwest Airlines scored the highest among 11 North American carriers. Of the 11 carriers ranked, JetBlue Airways, Delta Air Lines, and Southwest Airlines earned the top spot for each respective category. Courtesy of JetBlueJetBlue Airways (893) Delta Air Lines (865) United Airlines (848) Alaska Airlines (833) Air Canada (830) American Airlines (826)Segment Average: 846Premium EconomyDelta Premium Select. Delta Air LinesDelta Air Lines (848) JetBlue Airways (840) Alaska Airlines (823) American Airlines (821) Air Canada (797) United Airlines (784)Segment Average: 820Economy/Basic EconomySouthwest Airlines cabin. Jimmy Rooney/ShutterstockSouthwest Airlines (827) Delta Air Lines (801) JetBlue Airways (800) Alaska Airlines (781) WestJet (777) Allegiant Air (775) United Airlines (770) Air Canada (765) American Airlines (764) Spirit Airlines (727) Frontier Airlines (705)Segment Average: 782

☆ Bed Bath & Beyond plummets as retailer announces new share sale after ending deal with Hudson Bay
▼ + stars: | 2023-03-30 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +1 min

Shares of Bed Bath & Beyond fell as much as 24% on Thursday. The embattled retailer has filed to sell as much as $300 million in stock to pay down debt. The announcement of a new share sale follows cancelation of a funding deal with Hudson Bay Capital. The company's stock fell as much as 24% on Thursday, trading around $0.66. On Thursday, Bed Bath & Beyond filed to sell as much as $300 million in stock to pay down a credit facility.

CNN —New rules from the US government could soon let Americans more easily cancel free trials and subscriptions they no longer want, according to the Federal Trade Commission. The proposed rule change announced Thursday would apply to vast swaths of the US economy, covering both digital and physical subscriptions. Americans should not have to jump through hoops or be hounded by unwanted retention offers just to cancel their subscriptions, FTC Chair Lina Khan told reporters on a conference call Wednesday. The FTC in 2021 warned companies against deploying illegal dark patterns that trick or trap consumers into subscription services. Gyms, newspapers, phone companies and other businesses have faced lawsuits for imposing obstacles on consumers who try to cancel their services.

☆ The FTC wants to help you cancel that membership or subscription once and for all, aiming to reduce the ways companies force you to struggle
▼ + stars: | 2023-03-23 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

The FTC wants to outlaw companies that require extra steps to cancel services. The proposed rule would outlaw those practices. Companies would need to ask consumers if they wanted to hear a last-minute plea before pushing offers when a consumer tries to cancel. The proposed rule does not have a specific provision applying to refunds if a company were to unwittingly sign up a consumer for a service. Read more: It's far harder to cancel a subscription than it is to sign up for one.

☆ Pete Buttigieg's presidential hopes make him an easy target for Republicans — and his slow response in Ohio gave them plenty of ammo
▼ + stars: | 2023-03-01 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +9 min

Transportation Secretary Pete Buttigieg hasn't ruled out running for the White House again. He's in the spotlight and the hot seat far more than most other transportation secretaries before him. The search-engine test shows Buttigieg has become a high-profile target who finds himself in the spotlight far more than most other transportation secretaries before him. However, no transportation secretary has likely entered the job with more star power. After he strode onto the stage of The Late Show last fall, host Stephen Colbert noted that not many transportation secretaries have been guests on late night talk shows.

☆ How the Supreme Court may approach Biden's student-loan forgiveness plan
▼ + stars: | 2023-02-28 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +7 min

The Supreme Court will hear oral arguments on Tuesday on Biden's student-loan relief plan. Supporters say the relief is lawful, while opponents say Biden's policy is unconstitutional. The states claim that MOHELA will lose revenue from servicing loans because of Biden's relief. Concerning the constitutionality of Biden's plan, advocates on both sides say they feel confident their respective views will prevail at the Supreme Court. The Supreme Court is expected to hand down its decisions by June.

☆ Ayanna Pressley says it's not time for a student-debt relief backup plan yet, as a conservative-majority Supreme Court decides whether Biden's plan is legal
▼ + stars: | 2023-02-28 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Rep. Ayanna Pressley told Insider it's not the time for a backup plan on student-debt relief. The Supreme Court concluded oral arguments on the cases challenging Biden's debt relief on Tuesday. The Supreme Court needs to apply the letter of the law, and we need to get this done." Pressley was among a group of Democratic lawmakers who voiced support for student-debt relief outside the Supreme Court on Tuesday morning. "Even this far-right Supreme Court should be able to recognize that these claims against student debt relief are baseless and politically-motivated.

☆ It's far harder to cancel a subscription than it is to sign up for one. A bill in Congress wants to change that.
▼ + stars: | 2023-02-16 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +8 min

Consumers and advocates are fed up with it being incredibly difficult to cancel subscriptions. Only last year did the Times begin to allow digital subscribers to cancel their subscriptions directly, Times spokesperson Charlie Stadtlander told Insider. Planet Fitness is up front that its members must cancel at a gym or by mail, even if they can sign up online. Amazon agreed to change how users cancel its Prime membership after European regulators, US consumer groups, and, finally, the FTC stepped in. Then-DC Attorney Karl Racine went after the food delivery service Grubhub for hitting customers with hidden fees and using deceptive marketing about its subscription service.

☆ Cisco shares jump after networking company beats estimates, boosts full-year guidance
▼ + stars: | 2023-02-15 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Here's how the company did:Earnings: 88 cents per share, adjusted, vs. 86 cents per share as expected by analysts, according to Refinitiv. 88 cents per share, adjusted, vs. 86 cents per share as expected by analysts, according to Refinitiv. Revenue: $13.59 billion, vs. $13.43 billion as expected by analysts, according to Refinitiv. The company called for fiscal third-quarter adjusted earnings of 96 cents to 98 cents per share and 11% to 13% revenue growth. Cisco lifted its guidance for the 2023 fiscal year, and now expects $3.73 to $3.78 in adjusted earnings per share and 9% to 10.5% revenue growth.

☆ Brett Kavanaugh praises newcomer Ketanji Brown Jackson as a 'thoroughly prepared' justice who's 'off to a great start'
▼ + stars: | 2023-01-26 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +3 min

Justice Brett Kavanaugh praised fellow Justice Ketanji Brown Jackson. "She's off to a great start," Kavanaugh said of the newest member of the Supreme Court. "She's off to a great start," Kavanaugh continued, adding that Jackson "hit the ground running" and fits in well with the group. Jackson, who's seated next to Kavanaugh on the bench, has received widespread attention in the legal world less than four months into her tenure at the Supreme Court. I'm optimistic about the court, I'm optimistic about the country, I'm optimistic about my colleagues."

☆ The Wall Street Journal ranked US airlines from worst to best. See the list.
▼ + stars: | 2023-01-24 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

The Wall Street Journal has revealed its annual list of the best and worst airlines in the US. Delta Air Lines took the top spot, while JetBlue Airways lagged behind competitors. According to aviation data company Anuvu, which provided the numbers for WSJ's rankings, Delta had the best on-time arrival rate of 81.7%. Here's a closer look at the WSJ's list of the best and worst airlines in the US. Delta Air LinesDelta Air Lines.

☆ Southwest's cancelation nightmare sends ripples across travel industry with rental car shortages, inflated flight prices, and ongoing delays
▼ + stars: | 2022-12-29 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

Southwest canceled thousands more flights on Wednesday amid an ongoing wave of travel chaos. The airline's struggles have started spilling over into the travel industry as a whole. Stranded passengers are facing rental car shortages and ongoing delays. "The first thing JetBlue tells me is to cancel my travel," Rivera said. The JetBlue representative told her that displaced Southwest passengers have been snatching up available tickets, inadvertently displacing JetBlue passengers who need to rebook after their own delays or cancellations.

☆ How to get reimbursed for hotels and alternative transportation if your Southwest flight was canceled
▼ + stars: | 2022-12-27 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

Between Wednesday and Monday, the Dallas-based carrier canceled 8,305 flights, amounting to 36% of its operation, according to FlightAware data. On Monday alone, Southwest canceled 74% of its operation and it is struggling to get back on track with 63% of flights already canceled as of 11:00 a.m on Tuesday. For comparison, the US' second-worst offender between Wednesday and Monday was Delta Air Lines with 1,865 flights canceled, which was 12% of its operation, according to FlightAware. Email Southwest for reimbursementJonathan Weiss/ShutterstockIn some cases, travelers will decide to receive a refund for a canceled flight and rebook their own transportation, like a flight on a different carrier, a rental car, or a train. Contact your credit card issuerDavid Slotnick/Business InsiderTravelers should also check if their credit card comes with trip insurance.

☆ Here's how each airline does compensation for flight delays, from meals to hotels to ground transportation
▼ + stars: | 2022-12-21 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

The US Department of Transportation launched a new "airline customer service dashboard" this year. It breaks down the different rights passengers have when an airline delays or cancels their flight. However, several airlines have announced they are waiving flight change fees for passengers caught in the storm's path. The airline will now offer meal vouchers to passengers whose flights are delayed more than three hours instead of four hours, the airline's website shows. American Airlines has also updated the language in its customer service plan to "clarify" the company's existing policies, a spokesperson said.

☆ Flight delays and cancellations will likely impact millions of Christmas travelers. What to do when your airline experiences disruptions.
▼ + stars: | 2022-12-20 | by ( Taylor Rains | ) www.businessinsider.com time to read: +8 min

The National Weather Service has warned of a strong winter storm expected to affect holiday travel. But, some airlines offer to rebook on their website or mobile app and waive any fees, so it's sometimes easier to make changes online than in person. Carriers offering both are Alaska Airlines, Allegiant Air, American Airlines, Delta Air Lines, Hawaiian Airlines, JetBlue Airways, Southwest Airlines, Spirit Airlines, and United Airlines, according to the DoT dashboard. It never hurts to request a meal or hotel during flight disruptions, and you might get lucky with a goodwill gesture from the carrier. For example, in the case of a winter storm, it's likely many passengers will end up stranded in random cities across the US.

☆ Biden's student-debt relief reform plans are paving the way for an 'untold amount about to be billed to the American people,' GOP House lawmakers say
▼ + stars: | 2022-12-06 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

House Republicans continue to criticize Biden's student-debt relief plans. They said Americans will be billed an "untold amount" from proposed reforms to repayment plans. As broad debt relief remains stalled in court, Biden has moved forward with other targeted reforms for borrowers. "There is an untold amount about to be billed to the American people," they wrote. "The sooner we defeat GOP officials' baseless legal action, the sooner we can deliver student debt relief to hard-working Americans."

☆ Taylor Swift fans sue Ticketmaster following fumbled presale
▼ + stars: | 2022-12-04 | by ( Francesca Gariano | ) www.nbcnews.com time to read: +3 min

The plaintiffs are seeking a penalty of $2,500 against Ticketmaster for every violation of Business and Professions Code, section 17200. The lawsuit specifically cited the “ticket sale disaster” that occurred on Nov. 15 and Nov. 16 during the Verified Fan presale, which caused the site to crash, and the Capital One presale. “We believe that both Taylor Swift and her fans were hurt by Ticketmaster,” said Jennifer Kinder, an attorney for the plaintiffs, in a statement. “Even when a high demand on sale goes flawlessly from a tech perspective, many fans are left empty handed,” Ticketmaster said. “It goes without saying that I’m extremely protective of my fans,” Swift wrote.

☆ 'Holi-Drag Storytime' for children canceled because of right-wing protesters
▼ + stars: | 2022-12-04 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +6 min

More than 50 demonstrators, including members of the Proud Boys, gathered near the church Saturday morning and shouted, chanted and held up signs. Saturday morning, speaking on the event's stage, framed by holiday decor that included a Christmas tree in the rainbow colors of the pride flag, Red Oak Community School manager Cheryl Ryan made an emotional video address explaining why "Holi-Drag Storytime" was canceled. Ryan blamed local leaders, including law enforcement, for letting members of the Proud Boys and other right-wing demonstrators gather while the audience for "Holi-Drag Storytime" ultimately could not. The National Center for Transgender Equality said Saturday's cancelation is another example of right-wing incursions, including violence, on LGBTQ+ rights. The first “Holi-Drag Storytime” was took place successfully in Dec. 8, 2021, on the grounds of Columbus' Vanderelli Room art gallery.

☆ Threats to protesters in Emmett Till rally prompt cancelation of Christmas parade in Kentucky
▼ + stars: | 2022-12-03 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +3 min

A Christmas parade planned for Saturday in Kentucky has been canceled after authorities received threats directed at protesters of an Emmett Till rally on the same day. The annual Jaycees Christmas Parade in Bowling Green, Kentucky was canceled out of an "abundance of caution," according to a statement. The Mistletoe Market, also in Bowling Green, was canceled on Saturday as well. Carolyn Bryant Donham, now 89, lives in Bowling Green, according to the outlet. "Late this evening, we learned of a threat to these protesters," said Warren County Sheriff Brett Hightower.

☆ Biden's step toward allowing student loan discharge in bankruptcy is 'a step in the right direction,' director of new student loan documentary says, but 'the devil is always in the details'
▼ + stars: | 2022-11-23 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +7 min

"Loan Wolves," a documentary about the law surrounding bankruptcy and student loans, premiers Dec. 11 on MSNBC. Currently, two words inserted into a '90s law make it nearly impossible for borrowers to declare bankruptcy over student loan debt. The conversation surrounding the "undue hardship" clause and student loan discharge through bankruptcy has evolved in recent years, as the Biden administration has progressed on promises to discharge some student debt and address the growing debt crisis. Cancelation of student debt? Schumer has been pushing Biden to cancel student loan debt.

☆ 3 senators call for DOJ to potentially unwind the Ticketmaster and Live Nation merger: 'High prices and labyrinth-like ticketing process for Taylor Swift's Eras tour are clear examples of the harms co
▼ + stars: | 2022-11-22 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

"The high prices and labyrinth-like ticketing process for Taylor Swift's Eras tour are clear examples of the harms consumers face in an anti-competitive ticketing market," the senators write. Live Nation Entertainment has said that it "does not engage in behaviors that could justify antitrust litigation, let alone orders that would require it to alter fundamental business practices." The DOJ and Live Nation Entertainment did not immediately respond to Insider's request for comment on the letter. UMAW is also pushing for the merger between Live Nation and Ticketmaster to be unwound. Put simply, artists, venues, and consumers should no longer be at the mercy of a single seller."

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