Category: Travel Advice

Players ask MLB for slew of financial documents

NEW YORK (AP) — Lawyers for the baseball players’ union asked Major League Baseball to submit a slew of financial documents that detail the industry’s finances, a person familiar with the request told The Associated Press.

The person spoke on condition of anonymity Thursday because neither side announced the step.

Baseball owners on Monday

that could lead to the coronavirus-delayed season starting around the Fourth of July with a regular-season schedule of 82 games per team, including 13 against each division rival. Owners also gave the go-ahead to propose basing players’ salaries on a a 50-50 revenue split, which the

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Ready to fly again? Southwest touting summer fare sale with one-way fares starting at $49

Southwest Airlines launched a month-long fare sale Tuesday to jump start summer travel, with one-way fares from $49 to $99.

The nation’s largest domestic carrier said it will also offer double frequent flyer points to travelers who buy tickets during the sale, which covers travel between May 26 and Aug. 31.

The promotion comes as airlines are struggling to fill most flights amid the coronavirus pandemic. U.S. airlines are carrying about 23 passengers per flight, on average, compared with 85 to 100 early this year before the coronavirus crisis began and a slew of stay-at-home orders and government restrictions decimated

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Amex GBT Investment Deal Falls Through

Private equity firm Carlyle Group and Singapore sovereign wealth fund GIC are pulling out of a deal to invest in American Express Global Business Travel, a corporate travel booking service that is 50 percent-owned by American Express, according to published reports. 

The investment would have given Carlyle and GIC a 20 percent stake in American Express GBT for $900 million and placed a value on the company of $5 billion. It’s just one of several deals so far that are being tripped up by uncertainties created by the coronavirus pandemic.

American Express GBT used to be entirely owned by American

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