American Airlines cuts growth after sales strategy backfires

American Airlines cuts growth after sales strategy backfires

American Airlines planes sit at the gate at Los Angeles International Airport (LAX) in Los Angeles, California, on July 26, 2023. Daniel Slim | AFP | Getty Images American Airlines will slash its capacity growth in the second half of the year and consider a host of other changes, CEO Robert Isom said Wednesday, a … Read more

Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report

Manchester United set to confirm 25% stake sale to petrochemicals billionaire Ratcliffe: Report

A statue of George Best, Denis Law and Bobby Charlton standing outside Old Trafford, home of Manchester United in Manchester, England. Mike Hewitt | Getty Images Sport | Getty Images LONDON — Manchester United will next week announce that British petrochemicals billionaire Jim Ratcliffe will take a 25% stake in the football club, Sky News … Read more

Saudi Arabia soccer spending ranks second in world

Saudi Arabia soccer spending ranks second in world

The Saudi Arabian soccer transfer window has slammed shut, marking the end of a historic summer of spending from clubs based in the Gulf state. Saudi Arabia’s Pro League was second only to the English Premier League in spending on soccer transfer fees, with 954 million euros ($1 billion) spent to bring players in on … Read more