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Goldman Sachs sees ‘significant’ investment opportunities as the population ages

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The world is getting older — and with that demographic change comes “significant” investment opportunities, according to Goldman Sachs. Fertility rates are declining and people are living longer, resulting in an older demographic taking a larger share of the total population. The global population is expected to rise by about 20% through 2050, said analyst […]

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'The Sound of Music' turns 60 this year. Salzburg has plenty in store for fans

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In Salzburg, Austria last spring, I skipped around the fountain outside Mirabell Palace. Others did too. Some 60 years earlier, Maria and the von Trapp children danced around the palace’s Pegasus Fountain, singing “Do-Re-Mi,” one of most famous songs from “The Sound of Music.” The movie recounts the story of the von Trapp family, and

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What to expect from travel prices in 2025 — and which destinations have the best vacation bargains

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The new year has many travelers thinking ahead to 2025 vacation plans — and how much those trips may cost. About half — 51% — of Americans say flight cost will determine their destination choices this year, according to Skyscanner. And 50% said hotel costs are a factor. The average person has paid more for

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Dozens of flights diverted, delayed after FAA warned of SpaceX rocket debris

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Several commercial flights were diverted or delayed after SpaceX’s Starship rocket broke up during its seventh flight test on Thursday. Dozens of flights were affected, according to flight-tracker Flightradar24. The Federal Aviation Administration said it “briefly slowed and diverted aircraft around the area where space vehicle debris was falling” after it issued a warning to pilots

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Rome's Jubilee is expected to attract 32 million people. Here's why — and how to avoid the crowds

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Vatican City is the world’s smallest country by size and population. That’s not stopping an estimated 32 million travelers from visiting this year for Jubilee 2025, a year-long global celebration among those of the Catholic faith. The Jubilee is a time of pilgrimage, prayer, reflection and a renewal of faith, said Jubilee spokesperson Caterina Rigoni.

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Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

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Spirit Airlines is cutting about 200 jobs across the company as the struggling budget carrier seeks to reduce costs after it filed for Chapter 11 bankruptcy protection in November. “We are executing on plans to rightsize our organization to align with our current fleet size and level of flying and ultimately optimize our airline,” the

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DOT sues Southwest, fines Frontier for 'chronically delayed flights'

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The Department of Transportation on Wednesday sued Southwest Airlines, alleging the carrier operated chronically delayed flights, and fined Frontier Airlines for late-arriving flights. The lawsuit follows a DOT fine on JetBlue Airways for similar allegations. The lawsuit and fines come at the end of the Biden administration, which has taken a harder line toward consumer protections than

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Travelers can soon fly from Singapore to the 'gateway' to Komodo National Park

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Jetstar Asia will launch direct flights linking Singapore to Labuan Bajo, the Indonesian town considered the “gateway” to Komodo National Park, the company said. The park, a UNESCO Heritage Site inscribed in 1991, is home to several thousand Komodo dragons, the largest species of lizard in the world, according to UNESCO. Komodo National Park is

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Boeing delivered 30 airplanes in December, but gap with Airbus widened in 2024

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Boeing handed over 348 airplanes in 2024, about a third fewer than it did a year earlier as the aerospace giant struggled with a crisis after a midair door panel blowout a year ago and a machinist strike in the fall that halted production. The tally widened the delivery gap with Boeing’s chief rival, Airbus,

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Southwest Airlines pauses corporate hiring, most summer internships to cut costs

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Southwest Airlines is pausing corporate hiring and promotions, suspending most of its summer internships and going without some employee team-building events that date back to the 1980s in order to cut costs and improve margins, CEO Bob Jordan told staff Monday. “Every single dollar matters as we continue to fight to return to excellent financial performance,”

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