Month: December 2022

The carrier had 30 Saturday flight cancellations as of Saturday evening, and it was seeking employee volunteers to help catch up with requests for refunds and lost-baggage retrieval.

The trading firm took big gambles, winning some and losing plenty. Mr. Bankman-Fried remained deeply involved even after stepping down as CEO. There was a “complete lack of a risk-management framework that they could articulate in any meaningful way,” said one potential partner.

With the new year approaching, here is a look at some of The Wall Street Journal’s recent coverage about businesses normalizing following the Covid-19 disruption.

Prospects have faded for industry-backed legislation, and pressure is rising to tighten enforcement.

For a growing number of professionals, the days of unpaid overtime and working through weekends are in the past. Firms add people to finish projects, close for holidays and take other steps.

A lot of employers say they have to pay more than minimum wages to recruit and hold on to restaurant servers, hotel housekeepers, retail store clerks and other employees.

Elon Musk’s electric-vehicle maker has shed more than $700 billion in market valuation in 2022.

The airline plans to more than double its number of flights from Thursday’s level, after canceling nearly 16,000 flights over the previous week.