Southwest Airlines to Reduce Corporate Workforce by 15% in Its First Layoff Initiative

Southwest Airlines Co. will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the first layoffs in the carrier’s history. The pullback will impact 15% of corporate positions, including senior leadership and directors, the airline said in a statement Sunday. The reductions start in late April and will be…

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Nigerian Lawmaker Files Lawsuit Against Binance Executive for Bribery Allegations, Seeks N1.5 Billion in Damages

The battle over bribery claims has escalated into a legal showdown as Philip Agbese, a member of Nigeria’s House of Representatives, has dragged Tigran Gambaryan, a top executive of Binance Holdings Limited, to court over what he describes as false and defamatory accusations. The controversy erupted when Gambaryan, in a post on X (formerly Twitter),…

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