American Airlines Lifts 2024 Profit Forecast after Sales Strategy Shift Posts Thirdquarter Loss
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Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes
The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it benefited from high demand for electrical infrastructure driven by data centers.Business - The Wall Street Journal - November 14 -
Delta expects higher profits thanks to high-end travel and 'resilient economy'
Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.Business - CNBC - 3 days ago -
Eni Cuts Profit Outlook on Weak Prices, Lifts Buybacks
Eni lowered its guidance for the year due to a decline in oil prices which also hit the Italian energy major’s third-quarter profits, but said it planned to increase its share buy backs.Business - The Wall Street Journal - October 25 -
BMW Posts Sharp Fall in Automotive Profitability
BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.Business - The Wall Street Journal - November 6 -
Kuaishou Posts Profit, Revenue Growth, Meeting Estimates
The Chinese short-video app operator reported in-line results on advertising strength, even as it continued to face challenges in its e-commerce business.Business - The Wall Street Journal - 3 days ago -
How United is trying to overtake Delta as the world's most profitable airline
United Airlines has been trying to expand its profits by investing heavily in roomier seats and growing a network that will excite high-spending travelers.Business - CNBC - October 28 -
South Korea’s 4B Movement Is a Losing Strategy for American Women
The philosophy is shortsighted and insufficient for our times.Top stories - The New York Times - November 10 -
Trump’s Narrow Loss in New Jersey Signals a Shift to the Right
In New Jersey, Democrats outnumber Republicans and control every branch of government. But Tuesday’s vote reflected a shift to the right.Top stories - The New York Times - November 7 -
How are investors preparing for the Budget?
Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generationBusiness - Financial Times - October 29 -
Apple cautious on holiday outlook as it starts AI rollout
Shares fall despite solid earnings as analysts weigh impact of new ‘Apple Intelligence’ featuresBusiness - Financial Times - November 1 -
China retail sales pick up speed, beat forecasts in October
World - Yahoo News - November 15 -
Japanese lift maker Fujitec explores sale to private equity
Talks with multiple groups including Sweden’s EQT have taken place in recent monthsWorld - Financial Times - October 30 -
Bill Burr hosts a post-election 'SNL' that he couldn't quite lift
This week's cold open mocked president-elect Donald Trump by having the cast pretend to support him, and guest host Bill Burr's monologue could be viewed from different lenses.Entertainment - Los Angeles Times - November 10 -
Berkshire’s Apple position now down by two thirds in 2024 after latest sales
Warren Buffett’s Berkshire Hathaway unloaded 25% more of its Apple position during the third quarter.Business - MarketWatch - November 2 -
Oil prices end with a modest loss as Trump’s win lifts the dollar
Oil futures finished lower Wednesday, but pared much of the earlier losses that pulled U.S. prices briefly below $70 a barrel, as traders weighed the potential impact of former President Donald ...Business - MarketWatch - November 6 -
Spirit Airlines files for bankruptcy following mounting debt and a failed merger
Spirit Airlines said Monday it has filed for Chapter 11 bankruptcy protection after struggling with losses, growing debt and a failed merger during the post-pandemic travel lull.Top stories - NBC News - 5 days ago -
Spirit Airlines files for bankruptcy amid mounting financial losses
Biggest US budget airline says it expects to operate as normal as it works its way through Chapter 11 process. Spirit Airlines said Monday that it has filed for bankruptcy protection and will ...World - The Guardian - 5 days ago -
What's the mortgage interest rate forecast for November 2024?
After falling in September, mortgage interest rates rose again in October. Here's what could happen this November.Top stories - CBS News - October 28 -
538's final forecasts for the 2024 election
538's final forecasts for the 2024 election for president between Donald Trump and Kamala Harris, plus the Senate and House.Top stories - ABC News - November 5 -
What's the CD interest rate forecast for November 2024?
Interested in putting some money into a CD account this November? Here's what could happen with the rates on CDs.Top stories - CBS News - November 6 -
What's the gold price forecast for November 2024?
Planning to add gold to your portfolio soon? Here's where gold prices could be headed this month.Top stories - CBS News - November 8 -
American Airlines tests boarding technology that audibly shames line cutters
American Airlines is testing a new technology at three airports across the country during the boarding process that aims to cut down on passengers who try to jump the lineTech - ABC News - October 27 -
American Airlines Just Made a Big Announcement and (Most) People Will Be Very Happy
‘Gate lice’ crowding the boarding area annoy both agents and fellow flyers. American Airlines is finally doing something about them.Business - Inc. - October 27 -
American Airlines tests boarding technology that calls out line cutters
Technology tested at three airports alerts gate agents with audible sound if person scans ticket before assigned group. American Airlines is testing a new technology at three airports across the ...World - The Guardian - October 27 -
American Airlines pilots told to make 'expedited climb' to avoid Hawaii mountains
American Airlines pilots were told to make an “expedited climb” to avoid crashing into Hawaiian mountains Wednesday, according to the Federal Aviation Administration (FAA). An air traffic ...Politics - The Hill - November 15 -
American Airlines to shame boarding line cutters with new technology
American Airlines plans to roll out the new technology to 100 airports across the country.Business - CNBC - 3 days ago -
How American Airlines Plans to Battle ‘Gate Lice’ Without Public Shaming
The airline is expanding technology that will find people trying to sneak aboard airplanes before their group, so gate attendants can discreetly invite them to take their places in line.Business - Inc. - Yesterday -
Mercedes-Benz and Porsche look for cost cuts after China slump hits profits
German carmakers exposed to Asian nation’s economic malaise after benefiting from its booming auto marketBusiness - Financial Times - October 25 -
Beyoncé brings star power as Kamala Harris touts ‘freedom’ in Texas
Vice-president seeks to energise women voters as White House race against Donald Trump tightensBusiness - Financial Times - October 26 -
Nasdaq hits record high as tech stocks rebound from summer sell-off
Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ betBusiness - Financial Times - October 25