Some companies will cover travel and other expenses for employees seeking abortions out of state, but as Emma Goldberg writes, ensuring safety and confidentiality is no small task. There is no clear blueprint for corporate engagement on abortion. After numerous companies came forward to announce that they would cover travel expenses for their employees to…
Cvent merged with special purpose acquisition company Dragoneer Growth Opportunities and went public on the Nasdaq in December. Shares opened Monday 62 percent lower, against a 28 percent fall for the exchange as a whole. American Express Global Business Travel merged with SPAC Apollo Strategic Growth Capital to go public May 31 on the New…
Recessions are typically bad for travel and weak corporate profitability is normally bad for business travel. But these times of unleashed demand are anomalous for transportation, hospitality and corporate collaboration. Should travel professionals be concerned about a broader recession? It’s hard to say, but maybe not so much. Ben Casselman writes that, generally speaking, as…
Covid vaccine and testing requirements for international travel have become less onerous overall, but not for everyone, notably inbound travelers to the United States. It’s more to know before you go, causing confusion and upping stress levels — for travelers and service providers. The rules also continue to stymie tourism and trade, according to groups…
Traveling companies and the airlines their workers fly have taken a variety of approaches to mitigating environmental impact, from carbon offsets and credits to purchasing sustainable aviation fuel to longer-term projects like direct carbon sequestration. While carbon credits could eventually play an important role, right now a few dollars’ worth won’t change much, according to…
Hertz has deployed electric vehicles in more than 30 markets. Its plan to build charging infrastructure is ahead of schedule, according to execs. It wants more than 30 percent of its fleet to be electric by the end of 2024. Such cars “command higher pricing and draw lower operating costs.” Corporate clients like the smaller…
Rival bids for Spirit from Frontier and JetBlue could create an airline that presents a more formidable challenge to American, Delta, Southwest and United. By Niraj Chokshi and Lauren Hirsch. When the dust settled on a big round of airline consolidation nearly a decade ago, four large companies came to dominate the industry. A new…
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