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Delta says government shutdown cost it 0 million, but forecasts strong travel demand into 2026

Delta says government shutdown cost it $200 million, but forecasts strong travel demand into 2026

A Delta Airlines Boeing 757-200 plane passes by the U.S. Capitol dome in Washington as it comes in for a landing at Ronald Reagan Washington National Airport on Sunday, November 9, 2025. Bill Clark | Cq-roll Call, Inc. | Getty Images Delta Air Lines said the government shutdown that ended last month cost it approximately […]

Delta says government shutdown cost it $200 million, but forecasts strong travel demand into 2026 Read More »

Macy’s posts strongest growth in more than 3 years, but strikes cautious note on holidays

Macy’s posts strongest growth in more than 3 years, but strikes cautious note on holidays

Macy’s on Wednesday beat Wall Street’s sales expectations for the third quarter in a row and posted its strongest growth in more than three years as the company’s turnaround strategy showed signs of momentum. The department store operator raised its full-year sales and earnings outlook after its better-than-expected fiscal third quarter. The retailer now expects

Macy’s posts strongest growth in more than 3 years, but strikes cautious note on holidays Read More »

American Eagle stock jumps 10% as it expects a big holiday, raises forecast after Sydney Sweeney ads

American Eagle stock jumps 10% as it expects a big holiday, raises forecast after Sydney Sweeney ads

An American Eagle advertisement featuring actress Sydney Sweeney on a billboard in Times Square in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images American Eagle issued bullish holiday guidance and raised its full-year forecast on Tuesday after posting better-than-expected quarterly results.  The apparel company is expecting fiscal fourth

American Eagle stock jumps 10% as it expects a big holiday, raises forecast after Sydney Sweeney ads Read More »

Broadcast station owners want to consolidate. They’re struggling to get deals to the finish line

Broadcast station owners want to consolidate. They’re struggling to get deals to the finish line

The Sinclair Broadcast Group, Inc. headquarters are seen July 17, 2024 in Cockeysville, Maryland. Kevin Dietsch | Getty Images The broadcast television industry knows it needs to consolidate. It’s just struggling with how to do it. In August, Nexstar Media Group, the largest owner of broadcast stations in the U.S., announced a proposed $6.2 billion

Broadcast station owners want to consolidate. They’re struggling to get deals to the finish line Read More »

Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says

Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says

A desire for deep discounts inspired 202.9 million U.S. consumers to shop during the five-day stretch from Thanksgiving Day through Cyber Monday, according to a survey by the National Retail Federation and Prosper Insights & Analytics released on Tuesday. That estimated total surpassed the major trade group’s forecast that 186.9 million people would shop during

Holiday shopping turnout jumps to 202.9 million people during Thanksgiving weekend, NRF says Read More »

Beta stock jumps 9% on  billion motor deal with air taxi maker Eve Air Mobility

Beta stock jumps 9% on $1 billion motor deal with air taxi maker Eve Air Mobility

Beta Technologies shares surged more than 9% after air taxi maker Eve Air Mobility announced an up to $1 billion deal to buy motors from the Vermont-based company. Eve, which was started by Brazilian airplane maker Embraer and is now under Eve Holding, said the manufacturing deal could equal as much as $1 billion over

Beta stock jumps 9% on $1 billion motor deal with air taxi maker Eve Air Mobility Read More »

OpenAI is under pressure as Google, Anthropic gain ground

OpenAI is under pressure as Google, Anthropic gain ground

Sam Altman is feeling the pressure. The OpenAI CEO sent a memo to his staffers on Monday outlining a “code red” effort to improve its chatbot ChatGPT, according to multiple reports. Altman said OpenAI will be pulling back on investments in areas like health, shopping and advertising as it works to prioritize ChatGPT, the reports

OpenAI is under pressure as Google, Anthropic gain ground Read More »

Boeing stock jumps 7% as CFO says company expects higher 737, 787 deliveries next year

Boeing stock jumps 7% as CFO says company expects higher 737, 787 deliveries next year

A Boeing 777-9 prepares to land at Al-Maktoum International Airport during the Dubai Airshow 2025 in Dubai on November 17, 2025. Giuseppe Cacace | Afp | Getty Images Boeing is continuing to express optimism about its business as the company wraps up the year and looks at 2026. Chief Financial Officer Jay Malave said Tuesday

Boeing stock jumps 7% as CFO says company expects higher 737, 787 deliveries next year Read More »

Michael and Susan Dell to donate .25 billion to fund Trump Accounts for 25 million U.S. kids

Michael and Susan Dell to donate $6.25 billion to fund Trump Accounts for 25 million U.S. kids

Michael Dell, Chairman and CEO of Dell Technologies, speaking at the Mobile World Congress 2024 in Barcelona, Spain, on Feb. 27, 2024. Joan Cros | Nurphoto | Getty Images Michael and Susan Dell announced Tuesday that they have committed $6.25 billion to fund investment accounts for some 25 million American children. The couple’s donation will

Michael and Susan Dell to donate $6.25 billion to fund Trump Accounts for 25 million U.S. kids Read More »

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