Airlines Profit Plunges
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The New York Times - Business
Alaska Airlines Chief Plans More Routes After a Deal With Hawaiian
The airline’s chief executive, Ben Minicucci, said in an interview that closing its acquisition of Hawaiian Airlines would allow it to expand, including on international routes.4 hours ago - Travel -
BBC News - Top stories
Unlawful care homes ‘profiteer’ from at-risk kids
Placing children with complex needs in care threatens to bankrupt some councils, the Family Court is told.6 hours ago -
MarketWatch - Business
General Mills’ profit falls 14% on inflation woes, margin pressure
General Mills Inc.’s stock rose Wednesday after the packaged-food giant beat Wall Street estimates for adjusted profit and revenue, although it said it continues to face inflation and pressure on ...7 hours ago -
Inc. - Business
Alaska Airlines Approved to Buy Hawaiian Air, But With Conditions
The $1 billion deal gets administration approval, though the merged carrier must maintain low-traffic rural flights.8 hours ago - Travel -
CBS News - Top stories
Mortgage rates plunge to 2-year low: Should you lock a rate now?
With mortgage rates trending downward, it could make sense to lock in a loan rate now. Here's why.8 hours ago - Mortgage -
CNBC - Business
Alaska closes $1.9 billion acquisition of Hawaiian Airlines after DOT blessing
The two airlines can begin the process of closing their $1.9 billion merger.9 hours ago -
ABC News - Top stories
Alaska Airlines completes its acquisition of Hawaiian Air, which will remain a separate brand
Alaska Airlines is closing its $1 billion purchase of Hawaiian Airlines10 hours ago -
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MarketWatch - Business
Media mogul Byron Allen sells stunning Aspen mansion for $60 million, at a nice profit
The CEO of the largest privately held media company in the U.S. reportedly bought the property four years ago for $27 million.15 hours ago -
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The New York Times - Business
Alaska Airlines Can Merge With Hawaiian Airlines, U.S. Says
The airlines agreed to maintain some routes and meet other conditions to secure the Transportation Department’s approval of their merger.Yesterday - Travel -
NBC News - Top stories
OceanGate CEO put profits over safety ahead of Titan's fatal voyage, ex-employee says
In a desire to get a working submersible to the Titanic wreck site as fast as possible, the Titan was built at a risk to safety, with cost-cutting measures and poor engineering permitted by CEO ...Yesterday -
Financial Times - Business
Profit outlook dents THG as it considers separating Ingenuity arm
Ecommerce group says it is ‘progressing options’ to demerge divisionYesterday -
The Wall Street Journal - Business
U.S. Steelmakers Warn of Lower Profits as Manufacturers Slow Factories
Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.Yesterday -
MarketWatch - Business
Nucor’s stock falls after steelmaker issues profit warning, citing lower selling prices
Nucor’s stock slumped Tuesday after the steelmaker maker warned investors of a third-quarter profit shortfall, as lower selling prices weighed on its steel-mill business.Yesterday -
The Wall Street Journal - Business
Kingfisher Lifts Lower End of Guidance As Profits Rise
B&Q owner Kingfisher raised the lower end of its fiscal 2025 profit guidance above market expectations, after the B&Q owner posted higher earnings for the first half, despite weaker sales.Yesterday -
The New York Times - Top stories
China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges
The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.Yesterday - China