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Former US Airways Top Exec, Who Defined The Airline, Turns 100 Today
BusinessAerospace & DefenseFormer US Airways Top Exec, Who Defined The Airline, Turns 100 TodayByTed Reed,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Charlotte-based reporter Ted Reed covers airlines and airline labor.Follow AuthorJun 09, 2026, 11:12am EDTThe tails of USAir, Northwest and American Airlines pass each other in July 2001 at ORD. (Photo by Tim Boyle)Getty ImagesEd Colodny, a towering postwar airline executive who presided over four signif...
Trump claims US fuel prices ‘not very high’ as costs surge amid Iran war
National average gas price stands at about $4.16 per gallon as Americans grapple with price hikes sparked by the warDonald Trump has claimed US fuel prices are “not very high, relatively speaking” as his administration grapples with affordability concerns after the surge in costs sparked by his war on Iran.The national average gas price stood at about $4.16 per gallon on Tuesday, according to AAA – $0.37 lower than a month ago, but still about $1 more expensive than the same time last year. Cont...
ATF price stabilisation plan: Jet fuel prices rise 10% as oil retailers roll out scheme
Aviation turbine fuel prices rose by 10% as a government-backed price stabilization scheme locks in rates for airlines at Rs 115 per litre for up to three years. This voluntary scheme aims to shield carriers from global oil price volatility, with the government providing interest-free advances to oil companies if benchmark prices exceed Rs 86.32 per litre.
Billionaires’ Billions Are Increasing Faster Than Ever
Elon Musk’s potential new status as a trillionaire demonstrates in real time why there has been such a rapid rise in the concentration of wealth at the top.
Iranian Aggression Masks Economic Difficulties
BusinessEnergyIranian Aggression Masks Economic DifficultiesByAriel Cohen,Contributor.Forbes contributors publish independent expert analyses and insights. Ariel Cohen is a D.C.-based contributor who covers energy and securityFollow AuthorJun 09, 2026, 10:30am EDTIranian President Masoud Pezeshkian (R) and commander of the Islamic Revolutionary Guard Corps' Aerospace Force Amir Ali Hajizadeh look on as Iran's new Shahed 136-B drone is displayed during the annual military parade marking the anniv...
US visa interview in 10 days if you pay extra $750: All you need to know
The US State Department will soon begin a pilot project for an expedited B1/B2 visa appointment at a fee of $750. This will allow the applicants to get an interview appointment at selected posts within 10 days.
Marcellus Assets Create New Financing Possibilities
BusinessEnergyMarcellus Assets Create New Financing PossibilitiesByDaniel Markind,Contributor.Forbes contributors publish independent expert analyses and insights. I am an attorney who writes about energy issues and our world.Follow AuthorJun 09, 2026, 10:03am EDTSeparation vessel at the Devon Enrgy SAGD plant under construction south of Fort MacMurray in north Alberta. (Photo by Adrian Greeman/Construction Photography/Avalon/Getty Images)Getty ImagesJust a few short weeks after completing a $58...
After cutting 8,000 jobs, Mark Zuckerberg may have found a new way to fund Meta’s AI dreams
Meta's is looking to offload billions in stock, fresh off those layoffs, to bankroll Mark Zuckerberg's huge AI Superintelligence Labs. This follows Google's big money grab, showing Big Tech is really digging deep for AI infrastructure. Meta's massive spending on data centers and chips means they need more than just cutting staff to get the cash.
AI Is Finally Delivering Real Business Value
InnovationAI Is Finally Delivering Real Business ValueByJo Debecker,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 09, 2026, 09:45am EDTJo Debecker is President and CEO of Akkodis. gettyAI has seemingly made its way into every boardroom. Investment dollars have poured in and expectations have risen accordingly. But for many organizations, the re...
The Growing Bipartisan Support For Protecting The Freedom To Invest
InnovationSustainabilityThe Growing Bipartisan Support For Protecting The Freedom To InvestByMindy Lubber,Contributor.Forbes contributors publish independent expert analyses and insights. Mindy Lubber is CEO and president of Ceres, a sustainability nonprofit organization.Follow AuthorJun 09, 2026, 09:19am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SOUTH SAN FRANCISCO, CA - AUGUST 30: The sun shines over towers carryin...
Car finance payouts could be delayed by years over legal challenges, says FCA
Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdogBusiness live – latest updatesThe City watchdog has warned that a wave of legal challenges to the compensation scheme for victims of the motor finance scandal could leave drivers waiting three more years for payouts, while piling £6bn of extra costs on to lenders.Bosses at the Financial Conduct Authority (FCA), who have consistently hit out at lenders and a consumer claims group for challenging its scheme, to...
US judge strikes down $100,000 H-1B visa fee introduced by Trump administration - Emirates 24|7
US judge strikes down $100,000 H-1B visa fee introduced by Trump administration Emirates 24|7
Rs 1.23 Lakh Crore In 78 Days: Sources On Support To Oil Firms After Iran War
After the first 78 days, the Ministry of Finance determined that extending further financial support to a single sector would not be appropriate, the sources said.
How AI Is Changing The Economics Of Technical Debt
InnovationHow AI Is Changing The Economics Of Technical DebtByMichael Zuercher,Forbes Councils Member.for Forbes Technology CouncilCOUNCIL POSTExpertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. | Membership (fee-based)Jun 09, 2026, 09:00am EDTMichael Zuercher is CEO and co-founder of Prismatic. With over two decades in tech, he is an entrepreneur behind many startups. gettyAI is helping developers generate code faster than ever before, bu...
Russia’s Economy Is Ailing. Its Influence Campaign Isn’t.
BusinessAerospace & DefenseRussia’s Economy Is Ailing. Its Influence Campaign Isn’t.ByIlan Berman,Contributor.Forbes contributors publish independent expert analyses and insights. Ilan Berman writes about the Middle East and Eurasia.Follow AuthorJun 09, 2026, 08:56am EDTMoscow, RUSSIAN FEDERATION: Russian President Vladimir Putin is seen on the TV screen as another TV sets are reflected in it in a shop in Moscow (DENIS SINYAKOV/AFP via Getty Images)AFP via Getty ImagesCall it a tale of two Russi...
TCS chairman N Chandrasekaran says company has no layoff plans
TCS Chairman N Chandrasekaran confirmed no layoffs and a continued hiring strategy, though massive campus hiring may cease. He emphasized AI as a significant opportunity, not a threat, with AI revenues nearing $2.5 billion annually and projected to be 100% of revenue by 2028-2030. AI is seen as intelligence infrastructure, creating new opportunities and talent needs.
Russian crude here to stay? Why India-US energy ties may be more about LPG, LNG than oil
Geopolitical developments in the last few months have dictated India’s energy supplies. Be it crude oil, LPG or LNG, India is largely dependent on the world to meet its needs, and the US-Iran war has disrupted supplies via the Strait of Hormuz.
Building Products Invest To Save The Future Of Housing
Real EstateBuilding Products Invest To Save The Future Of HousingByJennifer Castenson,Contributor.Forbes contributors publish independent expert analyses and insights. Covers the future of sustainable, resilient and affordable housing. Follow AuthorJun 09, 2026, 08:32am EDTTrimJoist invented an open web truss system that can be stocked to ease supply chain issues and that is easier and faster to install, saving builders time and money.TrimJoistAs every cost factor in the homebuilding process inf...
Amy Sullivan On How Bed Bath & Beyond Is Building A Home Retail Empire
BusinessRetailAmy Sullivan On How Bed Bath & Beyond Is Building A Home Retail EmpireByMark Faithfull,Contributor.Forbes contributors publish independent expert analyses and insights. Mark Faithfull is London-based and covers retail and real estate Follow AuthorJun 09, 2026, 08:17am EDTThe first dual-branded Container store and Bed Bath & Beyond opened in Dallas.Bed Bath & BeyondBed Bath & Beyond is staging a major comeback under President Amy Sullivan, transforming the hero brand into the center...
Amazon’s main UK arm handed £7.6m tax credit as profits soar to £355m
Tech company received infrastructure relief as its five biggest UK divisions generate £32bn in revenuesAmazon’s main division in the UK was handed a £7.6m tax credit last year by HM Revenue and Customs, despite profits at the retail-to-streaming company surging by more than a quarter to £355m.Amazon UK Services – which employs 66,000 staff, the vast majority of its 75,000 employees in Britain – said it owed £9.1m in “current tax” last year. Continue reading...