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American Airlines chooses Citi as sole credit card partner, drops Barclays

American Airlines chooses Citi as sole credit card partner, drops Barclays

Business News

American Airlines planes sit parked at LaGuardia airport on traditionally the busiest travel day, the day before the U.S. holiday of Thanksgiving, in the Queens borough of New York City, U.S., November 27, 2024.  Shannon Stapleton | Reuters American Airlines has inked a long-awaited credit card deal with Citigroup, dropping its other partner, Barclays. The airline said Wednesday that […]

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Amazon rolls out Buy with AWS button to let software vendors more easily sell to its cloud customers

Amazon rolls out Buy with AWS button to let software vendors more easily sell to its cloud customers

Finance News

Amazon Web Services (AWS) CEO Matt Garman delivers a keynote address during the AWS re:Invent conference in Las Vegas on Dec. 3, 2024. Noah Berger | Getty Images In 2022, Amazon introduced the Buy with Prime button, allowing premium subscribers to make purchases using their Amazon account even when shopping on other websites. Now the

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JetBlue cuts more unprofitable routes, tweaks Europe flights

JetBlue cuts more unprofitable routes, tweaks Europe flights

Business News

Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport AMS EHAM in the Netherlands.  Nicholas Economou | Nurphoto | Getty Images JetBlue Airways told staff Wednesday that it is axing more unprofitable flights, redeploying

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Shares of American Eagle plunge 13% as company issues weak holiday guidance

Shares of American Eagle plunge 13% as company issues weak holiday guidance

Business News

A shopper walks by an American Eagle store on November 21, 2023 in Glendale, California.  Justin Sullivan | Getty Images American Eagle issued weak holiday guidance on Wednesday and cut its full-year forecast as it contends with value-seeking consumers who are only willing to spend during key shopping moments.  The apparel retailer narrowly missed Wall

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Foot Locker shares tumble 15% as it issues gloomy holiday outlook amid soft demand

Foot Locker shares tumble 15% as it issues gloomy holiday outlook amid soft demand

Business News

Foot Locker store location on 34th street in New York City. Courtesy: Foot Locker Foot Locker slashed its full-year guidance on Wednesday after reporting a rough set of quarterly results that could be a warning sign for its largest brand partner Nike. The sneaker giant fell short of Wall Street’s expectations on the top and

Foot Locker shares tumble 15% as it issues gloomy holiday outlook amid soft demand Read More »

GM expects more than billion impact from China restructuring, including plant closures

GM expects more than $5 billion impact from China restructuring, including plant closures

Business News

Employees work on Buick Envision SUVs at General Motors’ Dong Yue assembly plant, officially known as SAIC-GM Dong Yue Motors Co., Ltd., on Nov. 17, 2022, in Yantai, Shandong Province of China. Tang Ke | Visual China Group | Getty Images DETROIT – General Motors expects a restructuring of its joint venture operations with SAIC

GM expects more than $5 billion impact from China restructuring, including plant closures Read More »

Airline executives set to defend seat fees before Senate panel

Airline executives set to defend seat fees before Senate panel

Business News

Seats in the economy class cabin on board an American Airlines Boeing Co. 777-300ER aircraft. Brent Lewin | Bloomberg | Getty Images U.S. airline executives are set to defend their seating fees before a Senate panel Wednesday after the subcommittee accused the industry of charging “junk” fees to bring in billions in revenue. American, Delta, United, Spirit and Frontier brought in

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Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix’

Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix’

Finance News

Intel CEO Pat Gelsinger speaks while holding a new chip, called Gaudi 3, during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023.  Seth Wenig | AP Intel shares fell more than 5% on Tuesday, a day after the embattled chipmaker announced the ouster of CEO Pat Gelsinger, whose four-year tenure was

Intel shares slide as Gelsinger exit leaves chipmaker without a ‘quick fix’ Read More »

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