Getting stuck at an airport because your flight was delayed or cancelled is a nightmare. Michael Schneider, CEO of Service, was with us to share how his app helps flyers recoup money on these flights.
While compensation for weather-related delays varies by airline and frequent flyer status, Service syncs with your inbox to find flight delays or cancellations from the last 12 months of travel. Schneider explained how the company files a claim on the user's behalf. The average user saves over $300 per year with Service, according to Schneider.
Service has over 100,000 users and is adding over 10,000 more each month. The app handle hundreds of claims per day on behalf of its users. Schneider explained that the company charges 30% of the value of what it returns to users.
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales growth. The automaker said about 1,400 workers will be impacted by the move.
Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders.
Despite concerns about shipping delays in the Red Sea, RSM Chief Economist Joe Brusuelas says there are still reasons to be optimistic about the state of the U.S. economy.
Dan Ives, Managing Director and Senior Equity Analyst at Wedbush Securities dives deeper into a report by the International Data Corporation (IDC) that Apple has ended Samsung's 12-year reign as the world's largest smartphone seller.
Artificial intelligence is the biggest buzzword at the World Economic Forum’s annual meeting in Davos. Advances in generative AI stunned the world last year, and the elite crowd is angling to take advantage of its promise and minimize its risks.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
