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Wall Street Journal, May 27,

These are the most popular stories from the Wall Street Journal. These stories have not been verified and we cannot vouch their accuracy.

Southwest Airlines has announced that it will begin charging $35 for the first bag checked and $45 per additional bag. This ends the long-standing policy of "bags are free". The airline is also launching basic economy fares, which offer fewer benefits and do not allow flight changes.

Volvo Car plans to cut 3,000 jobs, mainly in Sweden. The plan is to reduce costs and improve efficiency in a global auto market that's tough.

EU regulators have warned Shein to conform by the end of June, or risk fines based upon its EU revenue.

The President Trump has threatened to redirect federal grants worth $3 billion from Harvard to U.S. Trade Schools, intensifying his administration's anti-university campaign over allegations of antisemitism, and "woke" ideologies. However, the move is likely to face legal challenges.

SpaceX, despite recent test failures, is accelerating the development of its Starship launch vehicle with an ambitious goal to launch a Mars mission without crew by next year.

President Trump considers new sanctions against Russia, as his frustration over Putin's attacks on Ukraine and the stalled peace negotiations grows. This signals a change in Trump's position as he begins to question Putin's intentions.

(source: Reuters)