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German aviation group Lufthansa is cutting 4,000 administrative jobs over the next five years as it seeks to raise profitability targets. By 2030, Lufthansa, which operates the core Lufthansa German Airlines brand, along with other airlines like Swiss, Austrian Airlines and Brussels Airlines, plans to reduce 4,000 administration jobs through digitalization, automation and process consolidation, the company announced to analysts and investors during its Capital Markets Day in Munich. The majority of […]

Traders on the prediction market platform Kalshi now place the odds of Democratic socialist Zohran Mamdani winning the New York mayoral race at 84%, after Mayor Eric Adams ended his re-election campaign on Sunday, just five weeks before Election Day.Former Gov. Andrew Cuomo, who is running as an Independent, follows as the next most likely contender, with Kalshi bettors assigning him a 16% chance of clinching the city’s top office.Meanwhile, […]

The Trump administration announced on Monday a $625 million investment to boost America’s coal industry, a plan that aims to keep coal plants open, lower energy costs and enable the U.S. to win the global race for dominance in artificial intelligence.U.S. Energy Secretary Christopher Wright made the announcement of expanded programs to help the coal industry on FOX Business’ "Mornings with Maria," saying that the U.S. has "awesome coal reserves" […]