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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 - 14 hours ago -
Archegos Founder Bill Hwang Is Sentenced to 18 Years
Mr. Hwang was convicted in July for his role in the collapse of his investment firm that caused roughly $10 billion in losses for several Wall Street banks.Business - The New York Times - 12 hours ago -
OpenAI CEO Sam Altman’s Salary Might Surprise You
The executive behind ChatGPT gets the vast majority of his riches from personal investments.Business - Inc. - 12 hours ago -
We're changing our price target on TJX despite the retailer's light guidance
The company's outlook was not overly concerning given its proclivity to under-promise and over-deliver.Business - CNBC - 13 hours ago -
News Corp Shareholders Reject Activist Bid to End Dual-Class Share Structure
Shareholders voted down Starboard Value’s proposal, which was aimed at damping the Murdoch family’s influence over the media conglomerate.Business - The Wall Street Journal - 13 hours ago -
Tom’s of Maine Toothpaste Found to Have Bacteria During Inspection, F.D.A. Warns
The U.S. Food and Drug Administration issued a warning letter, but not a recall, after microorganisms were found in water samples and finished toothpaste products.Business - The New York Times - 7 hours ago -
McDonald's preparing a 2025 'McValue' offering
In its most recent quarter, McDonald's reported earnings and revenue that topped expectations, but saw its same-store sales fall globally by 1.5%.Business - CNBC - 11 hours ago -
3 Basic Life Coaching Skills for Your Holiday Table
Rethink your traditional conversation style to bring real connection with these techniques.Business - Inc. - 13 hours ago -
Boeing CEO to Employees: We Can't Afford Another Mistake
The jet maker will overhaul employee incentive plan and delay R&D spending.Business - The Wall Street Journal - 13 hours ago -
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 - 12 hours ago -
Why Early Planning is Key to Exiting a Small Business
Starting a business is hard, but leaving it may be even harder without an advance strategy for a transition.Business - Inc. - 14 hours ago -
Williams-Sonoma Beats Views With Third-Quarter Results, Boosts Outlook
Shares surged following the earnings announcement. The company’s market value has nearly doubled over the past 52 weeks.Business - The Wall Street Journal - 14 hours ago -
What to Know About Nvidia’s High-Stakes Earnings Report
Investors have high hopes for the chipmaker, the world’s most valuable company, which has enormous influence over the stock market.Business - The New York Times - 16 hours ago -
Jim Cramer looks at Target earnings, says consumers are loyal to value and not brands
Jim Cramer also named other companies seeing success despite a tough consumer landscape, including Costco, TJX, Chili's-parent Brinker and Texas Roadhouse.Business - CNBC - 10 hours ago -
U.S. Workers Might Be Souring on DEI
According to a new survey from the Pew Research Center, U.S. workers are feeling “slightly more negative” about DEI efforts compared with last year.Business - Inc. - 14 hours ago -
Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.Business - The New York Times - 15 hours ago -
How Students Can AI-Proof Their Careers
Artificial intelligence is going to eliminate a lot of jobs in the future. It’s possible to reduce the risk that it will be yours.Business - The Wall Street Journal - 18 hours ago -
Palo Alto Networks beat and raise fails to wow Wall Street. But that plays into our hand
Don't sweat the drop in Palo Alto Networks stock.Business - CNBC - 8 hours ago -
Meta Poaches Salesforce Exec to Build AI Business Tools
The goal of the newly formed team at Meta ‘is to make cutting-edge AI accessible to every business.’Business - Inc. - 14 hours ago -
Ford to Cut 4,000 Jobs in Europe in Cost-Saving Drive
Ford became the latest carmaker to seek deep cost savings as it grapples with timid demand for electric vehicles and rising competition.Business - The Wall Street Journal - 18 hours ago -
How Donald Trump’s Presidency Could Impact Retirement Rules
Readers had questions about individual retirement accounts, distributions and access to brokerage accounts if they moved away from the U.S. Here are some answers.Business - The New York Times - 18 hours ago -
Target shares plunge 21% after discounter cuts forecast, posts biggest earnings miss in two years
Target missed on earnings and revenue even as it cut prices on thousands of items, including milk, diapers and toys, to try to attract discerning shoppers.Business - CNBC - 12 hours ago -
California Ballot Measure to Raise Minimum Wage to $18 an Hour Fails
Voters rejected a plan to boost the lowest hourly wage rate by $2, which critics said would raise prices and lead to job cuts.Business - Inc. - 14 hours ago -
A Travel Writer Remembers Arthur Frommer
The creator of the popular guidebook series, who recently died, not only democratized travel, but supported sustainable travel, before it got that name.Business - The New York Times - 19 hours ago -
Ethics Committee deadlocks on releasing Matt Gaetz sex, drug probe report
The outcome means that the report on Matt Gaetz, who is President-elect Donald Trump's pick to be the next U.S. attorney general, will not be released for now.Business - CNBC - 9 hours ago -
Comcast to Spin Off MSNBC, CNBC and Other Cable Networks
The new publicly traded company is set to debut next year, with a bundle of channels that also includes Oxygen, E! and Syfy.Business - The New York Times - 14 hours ago -
More Large U.S. Employer Health Plans Covering Weight-Loss Drugs
A survey by consulting firm Mercer shows that close to half of U.S. companies with more than 500 employees now cover drugs such as Wegovy, Ozempic, and Zepbound.Business - Inc. - 14 hours ago -
Social Security beneficiaries to soon receive notices revealing the size of their 2025 benefit checks
A 2.5% cost-of-living adjustment, Medicare Part B premiums and tax liabilities are key changes to watch for that affect 2025 Social Security benefits.Business - CNBC - 12 hours ago -
How Howard Lutnick Could Shake Up Global Trade
President-elect Donald Trump’s pick to run the Commerce Department would have a big say on American industrial policy and tariffs.Business - The New York Times - 14 hours ago -
Apple Seeks End to Smartphone Monopoly Case
The iPhone pioneer asks a federal judge to toss an antitrust case alleging the company unfairly limits developers’ access to its technology.Business - Inc. - 15 hours ago -
Hennessy Workers Strike Over Plans to Bottle Cognac in China
The walkout in France is the latest development in a simmering trade war between Europe and China.Business - The New York Times - 1 hour ago -
Why OpenAI’s Push Into Classrooms Could be Important For Your Company
OpenAI addresses one of the elephants in the AI room by trying to help educators navigate an era when students can use AI to help with their work. Its handbook could help your company’s thinking too.Business - Inc. - 15 hours ago -
Delta CEO says Trump administration's approach to regulation could be 'breath of fresh air'
Delta CEO Ed Bastian said the Trump administration could address governmental "overreach" in regulation.Business - CNBC - 17 hours ago -
Thanksgiving meals are expected to be cheaper in 2024 as turkey prices drop
The average Thanksgiving meal costs less in 2024 relative to last year, largely due to declining turkey prices, economists said.Business - CNBC - 14 hours ago -
What Trump’s Return Could Mean for Animals
A second Trump administration could alter the lives of all sorts of animals, whether they live in laboratories, zoos, fields or forests.Business - The New York Times - 14 hours ago -
How Ayesha Curry Runs Her Business Empire on ‘Community and Chaos’
At the Inc. 5000 conference, the founder of Sweet July explained how she manages multiple brands while also working with her husband, Steph.Business - Inc. - 16 hours ago -
Comcast to spin off cable networks as subscribers flee the bundle
Comcast on Wednesday announced the spinoff of its cable networks, including CNBC, MSNBC and E!.Business - CNBC - 13 hours ago -
The Property Brothers on Why Your Brand Needs Authenticity to Grow
Drew and Jonathan Scott spoke at the Inc. 5000 Conference about the importance of trust in building their brand–and backing other entrepreneurs through their Healthy Home Innovation Fund.Business - Inc. - 16 hours ago -
At 17, She Just Passed the State Bar of California
Sophia Park is believed to be the youngest person to pass the California State Bar Exam, besting the previous record-holder: her older brother, Peter.Business - The New York Times - Yesterday -
Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
Enterprise spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to a new Menlo Ventures report.Business - CNBC - 14 hours ago