A new month has gotten off to a bullish start, or so it seems, as equity futures rally after a better-than-expected gain of 916,000 jobs in March Friday, underpinning investors’ hopes of …
Read More »Delta cancels flights due to staff shortage, opens intermediate seats
DETROIT – Delta Air Lines canceled about 100 flights Sunday due to staff shortages and opened the middle seats a month earlier than expected to carry more passengers. The airline says it …
Read More »CDC Relaxes Covid-19 Travel Guide for Fully Vaccinated People
People who are fully vaccinated against the coronavirus can travel without exposing themselves to serious risk as long as they wear masks and take other precautions, the Centers for Disease Control and …
Read More »GE Shares Sink After Proposing Reverse Stock Split, Confirming $ 30 Billion AerCap Deal
Shares of General Electric Co. tumbled on Wednesday after the industrial conglomerate confirmed a $ 30 billion deal with AerCap Holdings NV, while surprisingly also proposing a reverse 1-for-8 stock split. GE, …
Read More »GE-AerCap deal would add pressure on Boeing and Airbus
Aircraft leasing companies already account for half of the world’s passenger jet fleet, and a deal combining the two biggest players is expected to have knock-on effects for airlines and the two …
Read More »GE approaches agreement to combine aircraft leasing unit with AerCap
General Electric Co. is approaching a more than $ 30 billion deal to combine its aircraft leasing business with AerCap AER of Ireland. 1.62% Holdings NV, according to people familiar with the …
Read More »Buffett’s Berkshire Hathaway bets billions on Verizon and Chevron
Billionaire Warren Buffett added two more great American brands to Berkshire Hathaway Inc.’s investment portfolio. Buffett’s conglomerate has bought $ 8.6 billion in shares of Verizon Communications Inc., the largest mobile phone …
Read More »This is the main reason Robinhood traders have been able to push stocks higher, and no, it is not by squeezing hedge funds.
With the broader stock indices in a bit of a coma this week, the talk of the financial markets continues to be the awakening of retail investors to the US stock market. …
Read More »What Delta’s big bet on blocking the middle seats to fly means
The grand experiment of locking the middle seat on airplanes has shown what we’ve known all along about air travel: More people care about a cheap fare than about comfort or even …
Read More »Cruise shares plunge to broader market rally after Norwegian suspension
Norwegian Cruise Line Holdings Ltd. Cruise operators’ shares were hit hard on Monday as they failed to ride the rising tide of the broader stock market after Norwegian Cruise Line Holdings Ltd …
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