Southwest Airlines Says Holiday Meltdown Will Certainly Hit Fourth Quarter Results
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Corporate profits hit record high as economy boomed in fourth quarter of 2023
Gross domestic product (GDP) and corporate profits both smashed expectations in the fourth quarter of 2023 as the knock-on effects of pandemic stimulus juiced the U.S. economy. GDP came in at a 3.4 percent increase, below the massive bump of 4.9 ...The Hill - Politics -
GameStop shares make biggest gain since December ahead of fourth-quarter results
GameStop’s stock ended Monday’s session up 15.4%, registering its largest daily percentage increase since Dec.13, 2023.MarketWatch - Business -
After 57 Years, Southwest Airlines Is Making a Big Change That Will Surprise Its Longtime Customers
Southwest Airlines is famous for its longstanding cost-cutting practices that have made it an industry leader. One of those practices is about to change.Inc. - Business -
GameStop shares slide 15% on top- and bottom-line misses for fourth quarter
GameStop Corp.’s shares fell in in extended trading Tuesday, after the videogame retailer and original meme stock missed analysts’ top- and bottom-line estimates in its fourth-quarter results.MarketWatch - Business -
GDP in fourth-quarter raised to 3.4% due to stronger consumer spending
The final reading of U.S. growth in the 2023 fourth quarter was raised to a 3.4% annual pace, reflecting a surprisingly resilient U.S. economy.MarketWatch - Business -
A Lloyd’s of London revival will require more nimble regulation
There is still a fragility to the recent success of the world’s oldest insurance marketFinancial Times - Business -
Seventeen killed on deadliest day of Israel-Hizbollah conflict
Cross-border fire has ramped up in recent days, fuelling concerns about a broader regional warFinancial Times - Business - Israel -
Angela Rayner refuses to publish tax records as police probe house sale
Opposition party’s deputy leader issues challenge to Tories: ‘You show me yours, I’ll show you mine’Financial Times - Business -
Military briefing: Ukraine digs deep as Russians advance
Kyiv is building 2,000km of fortifications to hold territory in anticipation of another Moscow offensiveFinancial Times - Business - Ukraine -
Boeing needs to be led by engineers, time is not on its side, Emirates Airline president says
Aviation analysts and former Boeing employees have criticized the company's reported sidelining of engineers in its senior management ranks.CNBC - Business -
WATCH: Travis Bazzana, potential No. 1 pick in MLB draft, hits leadoff home run in fourth consecutive game
Bazzana is a junior at Oregon State UniversityCBS Sports - Sports - MLB -
What Meltdown? Crypto Comes Roaring Back in the Philippines.
Two years after the cryptocurrency market crashed, internet cafes for playing crypto-earning video games are opening and farmers have started harvesting virtual crops from the games for income.The New York Times - Tech - Crypto -
Ukraine says it hit Russian landing ships in Crimea
A large number of missiles targeted Kyiv early on Sunday as Russia stepped up attacks against Ukraine.BBC News - Top stories - Ukraine -
Tesla has had a ‘nightmare’ first quarter amid weak China demand
Wedbush’s Dan Ives trims his stock-price target for Tesla to $300 from $315 after a “perfect storm” of issues.MarketWatch - Business - China -
Altimmune says weight loss drug minimized muscle loss in trial results, which may set it apart
The results are a sign that Altimmune can address an area of concern around weight loss drugs, which is that they shrink critical muscle mass.CNBC - Business -
Worsening pupils' behaviour is 'never-ending battle'
A survey reveals nearly one in five teachers in England has been hit by a pupil this year.BBC News - Top stories -
FAA boosting oversight of United Airlines
Federal regulators are considering placing temporary restrictions on United Airlines after a wave of concerning incidents last month, CBS News has learned. CBS News senior transportation correspondent Kris Van Cleave is in Phoenix with more ...CBS News - Top stories - Travel -
Jerusalem marks festive holiday of Purim in shadow of war
Yahoo News - World -
Stocks Retreat to Start Holiday-Shortened Week
Major stock indexes posted a second straight daily drop since reaching records. The Dow industrials declined 0.4%, or 162 points.The Wall Street Journal - World -
Jerusalem marks festive holiday of Purim in shadow of war
Tens of thousands of people have celebrated the Jewish holiday of Purim in Jerusalem, though the traditionally boisterous celebrations have been muted this year by the Israel-Hamas warABC News - World -
NHRA Winternationals Results
64th annual NHRA Winternationals at In-N-Out Pomona DragstripABC News - Sports -
Inflation has hit these 3 U.S. cities the hardest. That has ‘substantial political implications,’ analyst says.
Cities experiencing more significant inflation typically have undergone rapid population growth, leading to an increased demand for goods and services, an analyst said.MarketWatch - Business -
Ukraine war: Two Russian landing ships hit off Crimea, officials say
Yahoo News - World - Ukraine -
Aluminum company says preferred site for new smelter is a region of Kentucky hit hard by job losses
Gov. Andy Beshear says an aluminum company has singled out northeastern Kentucky as its preferred site for a new aluminum smelterABC News - Top stories -
Jerry Jones 'hated' to move on from Tyron Smith, says star LT hitting on incentives would wreck Cowboys cap
Jones felt the Cowboys couldn't afford to match the Jets' offer for the eight-time Pro BowlerCBS Sports - Sports -
Treasury yields end higher to kick off holiday-shortened week
Rates on U.S. government debt jumped by the most in one week on Monday as traders braced for a busy holiday-shortened period.MarketWatch - Business -
Louisiana Republican primary: Live results
GOP voters in Louisiana will head to the polls Saturday to cast votes in the state's primary. Former President Trump is expected to bring in all of the state's 47 Republican delegates. The GOP front-runner garnered enough votes earlier this month ...The Hill - Politics -
Louisiana Democratic primary: Live results
Democratic voters in Louisiana will head to the polls Saturday to cast votes in the state's primary. President Biden is expected to win all of the Pelican State's 48 delegates. Author Marianne Williamson, who briefly suspended her White House bid, ...The Hill - Politics -
FAA to increase oversight of United Airlines after recent issues
The Federal Aviation Administration (FAA) is increasing its oversight of United Airlines in the wake of recent incidents, including a plane losing a tire during takeoff, the airline said Friday. Sasha Johnson, United’s vice president of corporate ...The Hill - Politics - Travel -
FAA to review United Airlines practices following string of incidents
The Federal Aviation Administration is taking a closer look at United Airlines following a series of safety incidents. The company acknowledged the probe in a memo to staff. Elise Preston reports.CBS News - Top stories - Travel -
United Airlines faces possible FAA restrictions following safety incidents
CBS News has learned that federal regulators are considering placing temporary restrictions on United Airlines after concerning incidents over the last month, including a wheel falling off a 777 on takeoff in San Francisco and a jet sliding off ...CBS News - Top stories - Travel -
Budget giant Air Asia starts ticket sales for new airline in Cambodia
Yahoo News - World - Travel -
Boeing CEO to Leave as Regulators Step Up Airline Scrutiny
Dave Calhoun and Boeing board chair Larry Kellner will leave their jobs as the FAA announces stepped-up inspections of United Airlines, whose safety issues may overlap withBoeing's manufacturing flaws.Inc. - Business -
United Airlines Faces Closer F.A.A. Scrutiny After Safety Incidents
The carrier, which has experienced several recent mishaps, told employees to expect a review by federal regulators in coming weeks.The New York Times - Business - Travel -
David E. Harris, Trailblazing Airline Pilot, Is Dead at 89
In 1964, at the height of the civil rights movement, he became the first Black pilot for a major commercial airline in the United States.The New York Times - Business -
Boulter loses to Azarenka in Miami fourth round
British number one Katie Boulter is out of the Miami Open after a fourth-round defeat by Victoria Azarenka of Belarus.BBC News - Top stories -
'A fourth possible finals? I never imagined it'
Captain Ben Davies says he could never have envisaged being on the brink of a fourth major tournament with Wales.BBC News - Top stories -
Jrue Holiday injury: Celtics guard out indefinitely with 'dead arm' as team being cautious down the stretch
Holiday ran into a tough screen against the Wizards earlier this monthCBS Sports - Sports -
UFC on ESPN 53 play-by-play and live results
Check out live play-by-play and official results from UFC on ESPN 53 in Las Vegas.Yahoo Sports - Sports - UFC -
Federal officials want to know how airlines handle — and share — passengers' personal information
The government wants to know how airlines handle personal information about their passengersABC News - Tech