Businesses
Here's a look at documents from U.S. and international businesses
Featured Stories
Walmart Opens Second Owned and Operated Milk Processing Facility in Valdosta, Georgia, Creating More Than 400 New Jobs
BENTONVILLE, Arkansas, Dec. 3 -- Walmart issued the following news:
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Walmart Opens Second Owned and Operated Milk Processing Facility in Valdosta, Georgia, Creating More Than 400 New Jobs
Key Insights
* Walmart's new milk processing facility in Valdosta, Georgia strengthens our ability to deliver high-quality, affordable milk to customers across the Southeast by increasing capacity and sourcing directly from local dairy farmers to produce Great Value and Member's Mark products.
* This $350 million investment creates more than 400 new Walmart jobs and supports more through construction
... Show Full Article
BENTONVILLE, Arkansas, Dec. 3 -- Walmart issued the following news:
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Walmart Opens Second Owned and Operated Milk Processing Facility in Valdosta, Georgia, Creating More Than 400 New Jobs
Key Insights
* Walmart's new milk processing facility in Valdosta, Georgia strengthens our ability to deliver high-quality, affordable milk to customers across the Southeast by increasing capacity and sourcing directly from local dairy farmers to produce Great Value and Member's Mark products.
* This $350 million investment creates more than 400 new Walmart jobs and supports more through constructionand local sourcing, reinforcing Walmart's long-term commitment to U.S. manufacturing and the communities we serve.
* The Valdosta facility marks the next step in building a more transparent, resilient supply chain--and ensuring freshness, quality, and value every day.
The plant opening marks a major step in Walmart's mission to deliver high-quality affordable milk to customers and create an end-to-end supply chain.
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Walmart today celebrated the grand opening of its second owned and operated milk processing facility in Valdosta, Georgia -- a major milestone that will create more than 400 new jobs, strengthen Walmart's end-to-end supply chain for affordable, high-quality milk, and advance the company's long-standing commitment to U.S. manufacturing and local sourcing. The 300,000+ square-foot state-of-the-art facility represents a $350 million investment.
Enhancing Supply Chain Resiliency
Sourcing milk directly from local dairy farmers, the Valdosta facility will process and bottle a variety of milk options -- including gallon, half-gallon, whole, 2%, 1%, skim, and 1% chocolate milk -- for Walmart's Great Value and Sam's Club Member's Mark brands. The new operation will supply more than 650 Walmart stores and Sam's Clubs across the Southeast, helping ensure customers and members have consistent access to high-quality, affordable milk.
"This new facility has innovation at its core," said Bruce Heckman, Vice President, Manufacturing, Walmart U.S. "It will bolster our capacity to meet the demand for high-quality milk, make our supply chain more resilient, and build even greater transparency around sourcing. We're excited about what this means for Walmart customers, regional farmers, and the Valdosta community."
Investing in U.S. Manufacturing and Local Sourcing
This milestone reinforces Walmart's commitment to building a more transparent and efficient supply chain for dairy products, helping Walmart meet the customer demand for high quality, affordable milk to customers across the Southeast.
It follows the company's investment in its first milk processing facility in Fort Wayne, Indiana, as well as two case-ready beef facilities in Thomasville, Georgia, and Olathe, Kansas. These efforts also support Walmart's commitment to U.S. Manufacturing and pledge to invest $350 billion in U.S.-made products by 2031. Over two thirds of Walmart's annual spend is on products made, grown, or assembled in the U.S.
Supporting the Valdosta Community
To mark the opening, Walmart awarded local grants to community organizations:
* Greater Valdosta United Way - $5,000
* Valdosta High School Marching Cats - $8,000
In FY24, Walmart stores, Sam's Club and the Walmart Foundation donated $56 million to organizations across Georgia.
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About Walmart
Walmart Inc. (NYSE: WMT) is a people-led, tech-powered omnichannel retailer helping people save money and live better -- anytime and anywhere -- in stores, online, and through their mobile devices. Each week, approximately 270 million customers and members visit more than 10,750 stores and numerous eCommerce websites in 19 countries. With fiscal year 2025 revenue of $681 billion, Walmart employs approximately 2.1 million associates worldwide. Walmart continues to be a leader in sustainability, corporate philanthropy, and employment opportunity. Additional information about Walmart can be found by visiting corporate.walmart.com, on Facebook at facebook.com/walmart, on X (formerly known as Twitter) at twitter.com/walmart, and on LinkedIn at linkedin.com/company/walmart.
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Original text here: https://corporate.walmart.com/news/2025/12/02/walmart-opens-second-owned-and-operated-milk-processing-facility-in-valdosta-georgia-creating-more-than-400-new-jobs
[Category: BizConsumer Services]
U.S. Department of Energy Announces $400 Million in Funding to Accelerate Deployment of the Nation's First Commercial Small Modular Nuclear Reactor
CAMBRIDGE, Massachusetts, Dec. 3 -- G.E. Vernova, an energy company, posted the following news release:
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U.S. Department of Energy announces $400 million in funding to accelerate deployment of the nation's first commercial small modular nuclear reactor
GE Vernova Hitachi's BWRX-300 small modular reactor to be located at Clinch River
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The U.S. Department of Energy (DOE) has announced a $400 million grant to the Tennessee Valley Authority (TVA) to continue to accelerate deployment of GE Vernova Hitachi Nuclear Energy's BWRX-300 small modular reactor (SMR). With commercial operation of
... Show Full Article
CAMBRIDGE, Massachusetts, Dec. 3 -- G.E. Vernova, an energy company, posted the following news release:
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U.S. Department of Energy announces $400 million in funding to accelerate deployment of the nation's first commercial small modular nuclear reactor
GE Vernova Hitachi's BWRX-300 small modular reactor to be located at Clinch River
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The U.S. Department of Energy (DOE) has announced a $400 million grant to the Tennessee Valley Authority (TVA) to continue to accelerate deployment of GE Vernova Hitachi Nuclear Energy's BWRX-300 small modular reactor (SMR). With commercial operation ofthe first BWRX-300 at the utility's Clinch River Site targeted for the early 2030s, it would become the nation's first commercial SMR.
"The BWRX-300 is the only commercial SMR technology being built right now in the Western world, and this grant will accelerate its deployment in the U.S.," said Scott Strazik, CEO, GE Vernova. "We would like to recognize the DOE for its leadership in support of the nuclear industry and for championing public-private partnerships to advance the next generation of nuclear technology and bolster the nation's energy security."
TVA led a coalition of utility and industry partners, including GE Vernova Hitachi, in applying for funding through DOE's Generation III+ SMR program. The coalition of partners involved in the funding application reflects the industry's confidence in the BWRX-300 and the role its accelerated deployment through this grant will play in further strengthening the U.S. nuclear supply chain.
In May of this year TVA submitted a construction permit application to the U.S. Nuclear Regulatory Commission (NRC) to build the first BWRX-300 in the U.S. at the Clinch River site in Oak Ridge, Tennessee. The NRC is currently reviewing the application.
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About GE Vernova Hitachi Nuclear Energy
GE Vernova's Nuclear energy business, through its global alliance with Hitachi, is a world-leading provider of nuclear fuel bundles, services, and advanced nuclear reactor designs. Technologies include boiling water reactors and small modular reactors, such as the BWRX-300, which is one of the simplest, yet most innovative boiling water reactor designs. GE Vernova's Nuclear fuel business, Global Nuclear Fuel (GNF), is a world-leading supplier of boiling water reactor fuel and fuel-related engineering services. GNF is a GE Vernova-led joint venture with Hitachi, Ltd. and operates primarily through Global Nuclear Fuel-Americas, LLC in Wilmington, N.C., and Global Nuclear Fuel-Japan Co., Ltd. in Kurihama, Japan. HITACHI is a trademark of Hitachi, Ltd. used under trademark license. GE is a trademark of General Electric Company used under trademark license.
Forward-Looking Statements
This document contains forward-looking statements - that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova's expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," "estimate," "forecast," "target," "preliminary," or "range." Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company's business operations, financial results and financial position and on the global supply chain and world economy.
Copyright (c) 2025 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.
https://www.gevernova.com/
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Original text here: https://www.gevernova.com/news/press-releases/us-department-energy-announces-400-million-funding-accelerate-deployment-nation-first-commercial-small-modular-nuclear-reactor
[Category: BizEnergy]
Scholastic Unlocks Significant Value Through Sale-Leasebacks of Owned Real Estate Assets
NEW YORK, Dec. 3 -- Scholastic, a children's publishing, education and media company, issued the following news release on Dec. 2, 2025:
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Scholastic Unlocks Significant Value Through Sale-Leasebacks of Owned Real Estate Assets
Binding Agreements Signed for Sale of New York City Headquarters and Jefferson City, Missouri Distribution Center
Transactions Expected to Generate $401 Million in Estimated Net Proceeds to Be Deployed Toward Company's Capital Allocation Priorities, including Debt Reduction and Share Repurchases
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Scholastic Corporation (NASDAQ: SCHL), the global children's publishing,
... Show Full Article
NEW YORK, Dec. 3 -- Scholastic, a children's publishing, education and media company, issued the following news release on Dec. 2, 2025:
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Scholastic Unlocks Significant Value Through Sale-Leasebacks of Owned Real Estate Assets
Binding Agreements Signed for Sale of New York City Headquarters and Jefferson City, Missouri Distribution Center
Transactions Expected to Generate $401 Million in Estimated Net Proceeds to Be Deployed Toward Company's Capital Allocation Priorities, including Debt Reduction and Share Repurchases
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Scholastic Corporation (NASDAQ: SCHL), the global children's publishing,education and media company, today announced that it has entered into sale-leaseback transactions for its headquarters location in New York City ("555-557 Broadway") and its primary distribution facility in Jefferson City, Missouri ("Jefferson City"), which together are expected to generate estimated net proceeds of $401 million. The sale of these real estate assets aligns with the Company's long-term plan to monetize its significant non-operating assets to improve the efficiency of its balance sheet and create shareholder value. Proceeds are expected to be deployed in accordance with the Company's capital allocation priorities, including debt reduction and share repurchases.
Under the terms of the transactions, Scholastic is to sell 555-557 Broadway to a subsidiary of Empire State Realty Trust, Inc. (NYSE: ESRT) for gross proceeds of $386 million in cash and Jefferson City to funds managed by affiliates of Fortress Investment Group ("Fortress") for gross proceeds of $95 million in cash. Upon closing of each of these transactions, Scholastic will enter into long-term leases to continue operations at both locations, while substantially reducing its footprint at 555-557 Broadway. Both transactions are expected to close before the end of 2025, following satisfaction of customary closing conditions, including title confirmation and surveys for Jefferson City.
"Today's announcement reflects meaningful momentum for Scholastic as we unlock the value of our owned real estate and focus on accelerating long-term, profitable growth and shareholder value creation," said Peter Warwick, President and CEO of Scholastic. "Following highly competitive processes, these transactions maximize value from our most significant non-operating assets, while securing long-term use of strategic real estate key to our operations, now rightsized for our business needs. With a stronger balance sheet, we will be better positioned to continue investing in the extraordinary potential of our brand, content and mission, while returning capital to shareholders."
In making its decision to approve the monetization transactions, Scholastic's Board of Directors, together with its advisors, considered several options and ran competitive processes with potential counterparties to assess market conditions and the value to be unlocked through the sale-leaseback transactions. The Board ultimately determined that these transactions offered a compelling and attractive opportunity to enhance Scholastic's balance sheet and maximize value for shareholders, while streamlining Scholastic's footprint with minimal disruption to operations and employees.
Key Terms and Financial Impact of the Sale-Leaseback Transactions
* 555-557 Broadway:
- $386 million purchase price expected to generate $327 million in estimated proceeds, net of taxes, obligations related to the property, and fees.
- 15-year lease with two 10-year lease extensions, with estimated incremental annual expense of $11.2 million, reflecting rent expense partially offset by a reduction in annualized operating expenses related to portions of the building no longer occupied and other changes related to the transaction.
- ESRT will assume responsibility for maintenance and capital investments related to 555-557 Broadway. In fiscal 2025 the Company incurred capital expenditures of $7.3 million related to the property.
- ESRT will assume the current leases for retail space and the second floor of 555-557 Broadway. In fiscal 2025 the Company received $11.2 million in rental income from those leases.
* Jefferson City:
- $95 million purchase price expected to generate $74 million in estimated proceeds, net of transaction fees and taxes.
- 20-year triple net lease with two 10-year lease extensions, with straight-line annual rent expense of $7.6 million.
The Company will provide additional details during its upcoming earnings conference call scheduled for December 18, 2025.
Advisors
Newmark Group, Inc served as exclusive advisor to Scholastic Corporation on both sale-leaseback transactions. Hogan Lovells served as legal counsel and Gagnier Communications served as a strategic communications advisor to Scholastic Corporation on the transactions.
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About Scholastic
For more than 100 years, Scholastic Corporation (NASDAQ: SCHL) has been encouraging the personal and intellectual growth of all children, beginning with literacy. Having earned a reputation as a trusted partner to educators and families, Scholastic is the world's largest publisher and distributor of children's books, a leading provider of literacy curriculum, professional services, and classroom magazines, and a producer of educational and entertaining children's media. The Company creates and distributes bestselling books and e-books, print and technology-based learning programs for pre-K to grade 12, and other products and services that support children's learning and literacy, both in school and at home. With international operations and exports in more than 135 countries, Scholastic makes quality, affordable books available to all children around the world through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online. Learn more at www.scholastic.com.
Forward Looking Statements Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "potential", "scheduled", "estimates", "forecasts", "intends", "anticipates", "believes", or "projects", or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "will", "should", "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. All statements other than statements of historical fact, including those that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance, are not historical facts and constitute forward-looking statements involving estimates, assumptions and uncertainties that could cause actual results or outcomes to differ materially from those expressed in such forward-looking statements. Such statements reflect Scholastic's current views and intentions in respect to future events, arrived at based on current information available to Scholastic, and are subject to risks, uncertainties and assumptions as referred to above. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking statements to vary from those referred to herein should one or more of these risks or uncertainties materialize, including those risk factors discussed or referred to in Scholastic's disclosure documents filed with the U.S. Securities and Exchange Commission (the "SEC") available on the SEC's website at www.sec.gov, including Scholastic's most recent Annual Report on Form 10-K and quarterly report on Form 10-Q.
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Original text here: https://www.scholastic.com/newsroom/all-news/press-release/scholastic-unlocks-significant-value-through-sale-leasebacks-of-.html
[Category: BizMedia]
Marshall Wace Selects Bloomberg's Multi-Asset Class Fundamental Risk Models to Enhance Quantitative Investment Strategies
NEW YORK, Dec. 3 -- Bloomberg issued the following news on Dec. 2, 2025:
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Marshall Wace Selects Bloomberg's Multi-Asset Class Fundamental Risk Models to Enhance Quantitative Investment Strategies
Bloomberg today announced that Marshall Wace, a leading global liquid alternatives manager with $70BN+ in assets, has adopted Bloomberg's Multi-Asset Class Fundamental Risk Model (MAC3) files to support its quantitative research and systematic investment strategies.
Marshall Wace selected Bloomberg's MAC3 to gain access to advanced modeling techniques that deliver improved model specification,
... Show Full Article
NEW YORK, Dec. 3 -- Bloomberg issued the following news on Dec. 2, 2025:
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Marshall Wace Selects Bloomberg's Multi-Asset Class Fundamental Risk Models to Enhance Quantitative Investment Strategies
Bloomberg today announced that Marshall Wace, a leading global liquid alternatives manager with $70BN+ in assets, has adopted Bloomberg's Multi-Asset Class Fundamental Risk Model (MAC3) files to support its quantitative research and systematic investment strategies.
Marshall Wace selected Bloomberg's MAC3 to gain access to advanced modeling techniques that deliver improved model specification,accurate risk forecasts, and robust portfolio analytics capabilities to support comprehensive measurement and monitoring of portfolio risks across multiple asset classes.
"Marshall Wace's adoption of MAC3 underscores the growing demand for high-precision risk models that help institutional investors better understand the factors driving portfolio risk and ensure consistent measurement across strategies and regions," said Jose Menchero, Head of Portfolio Analytics Research at Bloomberg. "MAC3's modular design and robust factor structure make it an ideal solution for quantitative and systematic managers seeking to enhance portfolio construction and risk forecasting for alpha signal generation strategies."
Bloomberg's next-generation MAC3 represents the most advanced suite of multi-asset class risk factor models available today, calculated daily across more than 3000 factors, delivering unparalleled forecast accuracy for varied portfolios, universes, and investment styles. The models are also used for identifying broader market signals and understanding risk dynamics under different regimes. This new suite of models incorporates a host of first-to-market methodology innovations, establishing MAC3 as an industry-leading risk model. MAC3 can be accessed through Bloomberg's flexible open-infrastructure APIs, enabling seamless and efficient retrieval across client workflows.
MAC3 models power the risk analytics behind Bloomberg's PORT Enterprise, a premium offering that provides more than 800 clients with sophisticated portfolio risk and return attribution capabilities with enhanced customization and batch reporting.
Bloomberg's Investment Management Solutions deliver multi-asset capabilities across the full investment lifecycle. With a modular and flexible approach, Bloomberg Investment Management Solutions offer research management, order and execution management, portfolio and risk analytics, trade compliance and operations capabilities. Powered by Bloomberg's trusted security master and industry-leading data, these solutions provide consistency and quality that enable accurate and transparent decision making, informed investment analysis, and scalable workflows across the enterprise. For more information, click here (https://www.bloomberg.com/professional/solutions/asset-management/).
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About Marshall Wace
Founded in 1997, Marshall Wace is a leading global alternative investment manager specializing in long/short equity and systematic trading strategies. As one of the world's largest alternative asset managers, the firm employs over 750 staff across global offices in London, New York, Hong Kong, Singapore, Abu Dhabi, and Shanghai. Marshall Wace has built a robust and scalable global infrastructure, with a sustained commitment to innovation and technological evolution being integral to their success.
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About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.
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Original text here: https://www.bloomberg.com/company/press/marshall-wace-selects-bloombergs-multi-asset-class-fundamental-risk-models-to-enhance-quantitative-investment-strategies/
[Category: BizMedia]
Gartner Survey Finds Only 20% of Customer Service Leaders Report AI-Driven Headcount Reduction
STAMFORD, Connecticut, Dec. 3 (TNSrep) -- Gartner, an information technology research and advisory company, issued the following news release:
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Gartner Survey Finds Only 20% of Customer Service Leaders Report AI-Driven Headcount Reduction
AI is Augmenting--Not Replacing--Customer Service Roles, with 42% of Organizations Hiring for New AI-focused Positions
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While there is widespread speculation that AI will drastically reduce customer service headcount, currently only 20% of leaders have reduced agent staffing due to AI, according to a survey by Gartner, Inc, a business and technology
... Show Full Article
STAMFORD, Connecticut, Dec. 3 (TNSrep) -- Gartner, an information technology research and advisory company, issued the following news release:
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Gartner Survey Finds Only 20% of Customer Service Leaders Report AI-Driven Headcount Reduction
AI is Augmenting--Not Replacing--Customer Service Roles, with 42% of Organizations Hiring for New AI-focused Positions
*
While there is widespread speculation that AI will drastically reduce customer service headcount, currently only 20% of leaders have reduced agent staffing due to AI, according to a survey by Gartner, Inc, a business and technologyinsights company.
A Gartner survey of 321 customer service and support leaders conducted in October 2025 reveals a more nuanced reality: 55% report stable staffing levels while handling higher customer volumes--underscoring AI's role in boosting efficiency rather than eliminating jobs.
"Customer service and support leaders should avoid framing AI initiatives solely around headcount reduction," said Melissa Fletcher, Senior Principal, Research in the Gartner Customer Service & Support practice. "Instead, focus on incremental transformation and workforce augmentation. Leaders should plan for new roles, leverage central resources, and communicate transparently about AI's impact to manage expectations effectively."
The survey also found that 42% of organizations are hiring specialized roles--including AI strategists, conversational AI designers, and automation analysts--to support AI deployment and management. Looking ahead, Gartner forecasts that by 2027, half of organizations anticipating major AI-driven workforce cuts will abandon those plans as the vision of 'agentless' service proves elusive.
Gartner clients can read more in the report: The Real Impact of AI on Headcount Today (https://www.gartner.com/document-reader/document/7206430).
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About Gartner AI Use Case Insights
Gartner AI Use Case Insights is an interactive tool that helps technology and business leaders efficiently discover, evaluate, and prioritize AI use cases to potentially pursue. Clients can search over 500 use cases (applications of AI in specific industries) and over 1,000 case studies (real world examples) based on industry, business function, and Gartner's assessment of potential business value. Clients can access the interactive tool at https://tools.gartner.com/use-case-insights.
About Gartner for Customer Service and Support Leaders
The customer service and support function is vital to maintaining customer loyalty and influencing brand perceptions. Gartner for Customer Service & Support Leaders provides indispensable insights, advice and tools needed to achieve service and support leaders' mission-critical priorities, specifically improving the customer experience while managing costs; designing an optimal service channel strategy; measuring and reducing customer effort; and how to hire, develop and retain high-potential frontline talent.
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Original text here: https://www.gartner.com/en/newsroom/press-releases/2025-12-02-gartner-survey-finds-only-20-percent-of-customer-service-leaders-report-ai-driven-headcount-reduction
[Category: BizConsulting]
David Schlottman to Speak at TexasBarCLE's Employment Law Courses
AUSTIN, Texas, Dec. 3 -- Jackson Walker, a law firm, issued the following news:
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David Schlottman to Speak at TexasBarCLE's Employment Law Courses
Jackson Walker partner David Schlottman will be a speaker at the Employment Law 101 and Advanced Employment Law Courses, hosted by the TexasBarCLE. The event will take place at the Hilton Plano/Dallas Granite Park in Plano on February 7-9, 2026. The Advanced Employment Law course is cosponsored by the Labor and Employment Law Section of the State Bar of Texas.
David will be leading the "Introduction to Wages & Hours" session of the Employment
... Show Full Article
AUSTIN, Texas, Dec. 3 -- Jackson Walker, a law firm, issued the following news:
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David Schlottman to Speak at TexasBarCLE's Employment Law Courses
Jackson Walker partner David Schlottman will be a speaker at the Employment Law 101 and Advanced Employment Law Courses, hosted by the TexasBarCLE. The event will take place at the Hilton Plano/Dallas Granite Park in Plano on February 7-9, 2026. The Advanced Employment Law course is cosponsored by the Labor and Employment Law Section of the State Bar of Texas.
David will be leading the "Introduction to Wages & Hours" session of the EmploymentLaw 101 course on January 7th, as well as the "Religion in the Workplace" session of the Advanced Employment Law course on January 9th. He also serves on the planning committee for the TexasBarCLE.
For more information about the Employment Law Courses, view the course brochure (https://www.texasbarcle.com/materials/Programs/4847/Brochure.pdf).
Meet David
David Schlottman handles complex cases involving employees, the workplace, and related business disputes. He has wide-ranging experience related to wage-and-hour issues, employee competition, theft of trade secrets, contract claims, compensation disputes, employment discrimination and retaliation, and union-related disputes. David is the Vice Chair of the State Bar of Texas Labor and Employment Law Section, and he is currently the Immediate Past-Chair of the Labor & Employment Law Section of the Dallas Bar Association. He has been recognized as a "Best Lawyer Under 40" by D Magazine since 2023. He has also been named an up-and-coming Labor & Employment attorney in Texas by Chambers USA: America's Leading Lawyers for Business (2023-2025), a "Best Lawyer" by The Best Lawyers in America (2021-2026), and among Lawdragon's list of the 500 Leading U.S. Corporate Employment Lawyers (2022-2025).
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Original text here: https://www.jw.com/news/schlottman-texas-bar-cle-employment-law/
[Category: BiLaw/Legal]
Alaska Airlines and Hawaiian Airlines Soar to the Top of Thanksgiving Travel
SEATTLE, Dec. 3 -- Alaska Airlines, a subsidiary of Alaska Air Group, issued the following news release:
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Alaska Airlines and Hawaiian Airlines soar to the top of Thanksgiving travel
Summary
* In our first combined Thanksgiving travel season since achieving a single operating certificate, Alaska Airlines and Hawaiian Airlines have topped the list for guest reliability
* We're continuing the holiday celebrations across our combined network with newly announced Cyber Week sales
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With a record number of passengers taking to the sky this Thanksgiving holiday, Alaska Airlines, Hawaiian
... Show Full Article
SEATTLE, Dec. 3 -- Alaska Airlines, a subsidiary of Alaska Air Group, issued the following news release:
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Alaska Airlines and Hawaiian Airlines soar to the top of Thanksgiving travel
Summary
* In our first combined Thanksgiving travel season since achieving a single operating certificate, Alaska Airlines and Hawaiian Airlines have topped the list for guest reliability
* We're continuing the holiday celebrations across our combined network with newly announced Cyber Week sales
*
With a record number of passengers taking to the sky this Thanksgiving holiday, Alaska Airlines, HawaiianAirlines and our regional air carrier, Horizon Air, provided the most dependable air service to guests on nearly 7,100 flights between Wednesday, Nov. 26 and Sunday, Nov. 30. This achievement reflects the dedication of our 35,000 employees in delivering outstanding care to our guests.
Collectively, our airlines led U.S. carriers in key performance metrics:
* A14 (82.3%) - the percentage of flights arriving within 14 minutes of their scheduled time;
* Completion rate (99.1%) - the proportion of scheduled flights completed without cancellation; and
* DOT on-time arrivals (80.5%) - the percentage of flights arriving within 14 minutes of their scheduled time, and taking into consideration cancellations, diversions, significant delays and cause of delays.
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"We appreciate our guests' trust and confidence in our ability to provide reliable transportation during the busy Thanksgiving holiday time. Our employees consistently deliver a premium, caring experience for our guests, and this Thanksgiving was no exception. I am grateful to those who dedicated their holiday to supporting our guests and maintaining an excellent travel experience."
- Jason Berry, Chief operating officer,Alaska Airlines
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Get in on the Travel Tuesday fun
On the heels of Black Friday and Cyber Monday, Alaska and Hawaiian are celebrating Travel Tuesday by offering exclusive, one-day-only BOGO offers. Whether you are drawn to the vibrant buzz of Tokyo or Seoul, or have your sights set on an adventure down under in Sydney, the airlines have you covered. Visit alaskaair.com or hawaiianairlines.com for terms and conditions.
More deals will be shared throughout the week. Travelers are encouraged to visit alaskaair.com and hawaiianairlines.com daily as new deals are added.
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About Alaska Air Group
Alaska Airlines, Hawaiian Airlines and Horizon Air are subsidiaries of Alaska Air Group, and McGee Air Services is a subsidiary of Alaska Airlines. We are a global airline with hubs in Seattle, Honolulu, Portland, Anchorage, Los Angeles, San Diego and San Francisco. We deliver remarkable care as we fly our guests to more than 140 destinations throughout North America, Latin America, Asia and the Pacific. We'll serve Europe beginning in spring 2026. Guests can book travel at alaskaair.com and hawaiianairlines.com. Alaska is a member of the oneworld alliance, with Hawaiian scheduled to join oneworld in spring 2026. With oneworld and our additional global partners, guests can earn and redeem points for travel to over 1,000 worldwide destinations with Atmos Rewards. Learn more about what's happening at Alaska and Hawaiian at news.alaskaair.com. Alaska Air Group is traded on the New York Stock Exchange (NYSE) as "ALK."
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Original text here: https://news.alaskaair.com/company/alaska-airlines-and-hawaiian-airlines-soar-to-the-top-of-thanksgiving-travel/
[Category: BizAerospace]