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United Airlines raises spending requirements to earn frequent flyer status

United Airlines raises spending requirements to earn frequent flyer status

A United Airlines Boeing 757 departs from Los Angeles International Airport en route to New York on Sept. 19, 2024. Kevin Carter | Getty Images United Airlines customers will have to spend more to reach frequent flyer status next year, the latest move by the carrier to increase profits and give an exclusive feel to […]

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Pending home sales took an unexpected leap higher last month, but rates are now much higher

Pending home sales took an unexpected leap higher last month, but rates are now much higher

Signed contracts to buy existing homes in September jumped a surprising 7.4% compared with August, according to the National Association of Realtors. Analysts had been expecting about a 1% gain. These so-called “pending” sales were at the highest level since March and 2.6% higher than September of last year. Since pending sales are based on

Pending home sales took an unexpected leap higher last month, but rates are now much higher Read More »

Airbus delivers first extra-long-range Airbus A321 as smaller jets fly farther

Airbus delivers first extra-long-range Airbus A321 as smaller jets fly farther

An Airbus A321XLR Neo passenger aircraft performs a flying display at the Paris Air Show in Le Bourget, Paris, France, on Monday, June 19, 2023.  Nathan Laine | Bloomberg | Getty Images Airbus said Wednesday that it has handed over its first extra-long-range narrow-body aircraft, the A321XLR, marking another step in an era of smaller

Airbus delivers first extra-long-range Airbus A321 as smaller jets fly farther Read More »

 billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’

$2 billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’

Renderings of plans for a new development at the Bahia Mar marina in Fort Lauderdale, Florida. Courtesy: ArX Creative A team of developers including Related Group is launching a $2 billion development at the largest marina in Fort Lauderdale, Florida, aiming to create a “mini Monaco,” according to executives. The new development at the Bahia

$2 billion marina development aims to turn Fort Lauderdale into ‘mini Monaco’ Read More »

Biogen tops estimates, raises profit guidance as Alzheimer’s drug Leqembi gains traction

Biogen tops estimates, raises profit guidance as Alzheimer’s drug Leqembi gains traction

A test tube is seen in front of displayed Biogen logo in this illustration taken on, December 1, 2021. Dado Ruvic | Reuters Biogen on Wednesday reported third-quarter revenue and adjusted earnings that topped expectations while raising its full-year profit guidance, as sales of its breakthrough Alzheimer’s drug, Leqembi, and other new products gain traction. 

Biogen tops estimates, raises profit guidance as Alzheimer’s drug Leqembi gains traction Read More »

Eli Lilly stock tumbles 10% after drug giant misses estimates and slashes profit guidance

Eli Lilly stock tumbles 10% after drug giant misses estimates and slashes profit guidance

Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Wednesday fell short of profit and revenue expectations for the third quarter, weighed down by disappointing sales of its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro, and slashed its full-year adjusted profit guidance.

Eli Lilly stock tumbles 10% after drug giant misses estimates and slashes profit guidance Read More »

Harris vs. Trump: Auto insiders weigh in on both candidates, top issues

Harris vs. Trump: Auto insiders weigh in on both candidates, top issues

New Ford F-150 trucks go through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan.  Bill Pugliano | Getty Images DETROIT — The automotive industry has become a crucial topic during the 2024 presidential election as Michigan — home of the Motor City and 1.1 million automotive jobs —

Harris vs. Trump: Auto insiders weigh in on both candidates, top issues Read More »

McDonald’s executives say E. coli outbreak is ‘behind us’

McDonald’s executives say E. coli outbreak is ‘behind us’

McDonald’s Chris Kempczinski speaks about fresh beef expansion at a McDonald’s event in Oak Brook, Illinois. Richa Naidu | Reuters A week after health authorities publicly linked a deadly E. coli outbreak to McDonald’s Quarter Pounder burgers, the company’s CEO, Chris Kempczinski, told investors that the situation is now behind them. “How we’ve handled the

McDonald’s executives say E. coli outbreak is ‘behind us’ Read More »

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