Southwest cuts service to and from Atlanta amid cost-cutting demands

Southwest cuts service to and from Atlanta amid cost-cutting demands

Southwest Airlines will reduce service to and from the world’s busiest airport — another sign that one of the country’s largest carriers is in the midst of steep cost-cutting efforts in the face of pressure from an activist investor. The Dallas-based airline is slashing arrivals and departures to and from Atlanta’s Hartsfield-Jackson International Airport while … Read more

New home sales, prices dropped ahead of Fed rate cut

New home sales, prices dropped ahead of Fed rate cut

Sales of new US single-family homes fell in August, but declining mortgage rates and house prices could stimulate demand in the months ahead. New home sales dropped 4.7% to a seasonally adjusted annual rate of 716,00 units last month, the Commerce Department’s Census Bureau said on Wednesday. The sales pace for July was revised higher to 751,000 units from a previously reported 739,000 units. New home sales dropped … Read more

CrowdStrike executive apologizes to Congress for July global tech outage

CrowdStrike executive apologizes to Congress for July global tech outage

WASHINGTON — An executive at cybersecurity company CrowdStrike apologized in testimony to Congress for sparking a global technology outage over the summer. “We let our customers down,” said Adam Meyers, who leads CrowdStrike’s threat intelligence division, in a hearing before a U.S. House cybersecurity subcommittee Tuesday. Austin, Texas-based CrowdStrike has blamed a bug in an … Read more

Federal court rules against EPA in lawsuit over fluoride in water

Federal court rules against EPA in lawsuit over fluoride in water

A federal court in California ruled late Tuesday against the Environmental Protection Agency, ordering officials to take action over concerns about potential health risks from currently recommended levels of fluoride in the American drinking water supply. The ruling by District Court Judge Edward Chen, an appointee of former President Barack Obama, deals a blow to … Read more