Southwest To Testify At U.S. Senate Hearing After Meltdown

Southwest To Testify At U.S. Senate Hearing After Meltdown

WASHINGTON (Reuters) – Southwest Airlines Chief Operating Officer Andrew Watterson will testify on Feb. 9 before the U.S. Senate Commerce Committee after a holiday meltdown forced the budget carrier to cancel thousands of flights. The hearing titled “Strengthening Airline Operations and Consumer Protections” will also include Southwest Airlines Pilots Association President Captain Casey Murray and…

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Activision Blizzard Settles U.S. SEC Charges Over Handling Of Workplace Complaints

Activision Blizzard Settles U.S. SEC Charges Over Handling Of Workplace Complaints

WASHINGTON (Reuters) -Activision Blizzard has agreed to pay $35 million to settle allegations over the video game maker’s handling of workplace complaints and violations of whistleblower protection rules, U.S. financial regulators said on Friday. The Securities and Exchange Commission said the company knew employee retention issues were “a particularly important risk in its business” but…

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Dollar Jumps As Employers Add More Jobs Than Expected In January

Dollar Jumps As Employers Add More Jobs Than Expected In January

By Karen Brettell NEW YORK (Reuters) – The dollar jumped on Friday after data showed that employers added significantly more jobs in January than economists expected, potentially giving the Federal Reserve more leeway to keep hiking interest rates. The Labor Department’s closely watched employment report showed that nonfarm payrolls surged by 517,000 jobs last month….

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