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American Airlines shares tumble as outlook falls short

American Airlines shares tumble as outlook falls short

An American Airlines Boeing 787-8 Dreamliner departs from Los Angeles International Airport en route to Tokyo on September 19, 2024 in Los Angeles, California.  Kevin Carter | Getty Images American Airlines‘ first-quarter earnings outlook on Thursday fell short of analysts’ estimates, sending shares down more than 10%. The carrier forecast an adjusted loss per share […]

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Microsoft’s business development chief Chris Young resigns

Microsoft’s business development chief Chris Young resigns

Christopher Young, executive vice president of business development at Microsoft Corp., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. The GeekWire Summit brings together business, tech and community leaders for discussions about the future. David Ryder | Bloomberg | Getty Images Microsoft‘s head of business development Chris Young, who

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EA shares drop 7% after company lowers guidance due to weakness in soccer, other games

EA shares drop 7% after company lowers guidance due to weakness in soccer, other games

Visitors play the ‘EA Sports FC 25’ game in front of a placard with England’s midfielder Jude Bellingham at the Electronic Arts booth during the media day at the Gamescom video games trade fair in Cologne, western Germany on Aug. 21, 2024.  Ina Fassbender | AFP | Getty Images Electronic Arts slashed its full-year bookings

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Stellantis chairman details planned U.S. investments for Jeep, Ram to Trump

Stellantis chairman details planned U.S. investments for Jeep, Ram to Trump

Stellantis Chairman John Elkann speaks during the presentation of the new Fiat Panda as Fiat celebrates the 125th anniversary of its brand in Turin, Italy, July 11, 2024. Massimo Pinca | Reuters DETROIT — Stellantis Chairman John Elkann detailed several upcoming plans the Transatlantic automaker has for U.S. investments when meeting with President Donald Trump

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Retail crime ‘queenpin’ to pay millions in restitution to Ulta, other retailers for theft ring

Retail crime ‘queenpin’ to pay millions in restitution to Ulta, other retailers for theft ring

The California mom who pleaded guilty to running an organized retail crime ring that stole millions of Dollars in beauty products from Ulta Beauty and Sephora to resell on Amazon will now have to pay those retailers back as part of her sentence. Michelle Mack, who began her five-year prison sentence on Jan. 9 following

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Abnormal Security hires ex-ServiceNow exec as CFO as company starts prepping for IPO

Abnormal Security hires ex-ServiceNow exec as CFO as company starts prepping for IPO

Abnormal Security, a startup selling email security software to companies, said on Wednesday that it’s hired former ServiceNow finance executive Lisa Banks as chief financial officer as the company gears up to prepare for an IPO. Abnormal is going after a longstanding market, which includes incumbents Mimecast and Proofpoint, adding a layer of artificial intelligence

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United Airlines’ first-quarter outlook outpaces estimates after profits surge to end 2024

United Airlines’ first-quarter outlook outpaces estimates after profits surge to end 2024

A United Airlines airplane proceeds to a runway at Newark Liberty International Airport in front of the skyline of lower Manhattan and One World Trade Center in New York City on December 4, 2024, in Newark, New Jersey.  Gary Hershorn | Corbis News | Getty Images United Airlines forecast first-quarter earnings that surpassed analysts’ estimates

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Meta backs Databricks as the data analytics startup inches toward IPO

Meta backs Databricks as the data analytics startup inches toward IPO

Databricks co-founder and CEO Ali Ghodsi. Databricks Data analytics software startup Databricks said Wednesday that Meta has signed on as an investor. As the company that trains the popular Llama open-source large language models, or LLMs, that Databricks builds on, Meta plays an important role in the artificial intelligence. Databricks works closely with Meta’s Llama

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Procter & Gamble earnings beat estimates as shoppers buy more household staples

Procter & Gamble earnings beat estimates as shoppers buy more household staples

Pepto Bismol made by Procter & Gamble is displayed on a grocery store shelf on July 28, 2023 in Greenbrae, California.  Justin Sullivan | Getty Images Procter & Gamble on Wednesday reported quarterly earnings and revenue that beat analysts’ expectations, thanks to growing demand for household staples like toilet paper and laundry products. Shares of the company rose

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