Atlanta Journal Constitution American Airlines' profit, revenue clipped by falling faresAtlanta Journal ConstitutionWant more news? Sign up for free newsletters to get more of the AJC delivered to your inbox. FORT WORTH, Texas — Compared with their checkered track record, major airlines are enjoying boom times. Planes are full, and jet fuel is still much […]
Reuters American Air defers aircraft delivery, profit beats estimatesReutersAmerican Airlines Group Inc (AAL.O) reported a better-than-expected quarterly profit as fuel costs fell and the world's largest airline said it would defer taking delivery of 22 Airbus planes to be able to adjust capacity according to demand. American …Traveling costs likely to take offThe Mercury NewsAmerican […]
Fox Business Why Softbank Is Buying ARM for $32BFox BusinessSince founding Softbank in 1981, Masayoshi Son has been known to take enormous risks, most of which have paid off. Today, he's chairman and CEO of a global telecom and Internet giant valued at close to $60 billion and is the second richest man in Japan …Honda […]
KHOU.com As summer heats up, gas prices stay coolKHOU.comEven with the peak travel season in full swing, gasoline prices are stuck in reverse. Gas prices have plunged to their lowest July level in 12 years, according to AAA, even as Americans are racking up more miles. In fact, gas prices have dropped in 39 …AAA […]
MarketWatch The Search for the Elusive Natural Interest RateBloombergFinancial markets are remarkably strong in a world roiled by terror attacks, a coup attempt in Turkey, murders of police officers in the U.S., and Britain's historic vote to leave the European Union. The S&P 500 set a record on July 20 for the sixth …Dollar hits […]
Reuters Asian shares at nine-month highs as oil prices, Fed hike views strengthenReutersHONG KONG Asian stocks climbed to nine-month highs on Thursday, helped by a recovery in global oil prices, while the dollar strengthened against the safe-haven yen on resurgent expectations of a U.S. interest rate hike this year. European shares are …Asia equities positive after […]
Bloomberg Draghi May Flag Action Ahead as ECB Meets Under Brexit's ShadowBloombergMario Draghi may have longed, just once, to have a quiet monetary-policy meeting before the summer break. Never mind. Britain's vote four weeks ago to leave the European Union will loom large when the European Central Bank president addresses …What to Look For in Thursday's […]
BBC News 1MDB: The United States v The Wolf of Wall StreetBBC NewsThere is a scene in the 2013 Hollywood smash hit The Wolf of Wall Street where Leonardo DiCaprio, playing corrupt stock trader Jordan Belfort, is chatting with his mentor Mark Hanna, portrayed by Matthew McConnaughey. Hanna explains to him how to …US sues to […]
Automotive News Musk's latest 'master plan' for Tesla includes EVs for 'all major segments,' self-driving that's '10X safer'Automotive NewsMusk: "We must at some point achieve a sustainable energy economy or we will run out of fossil fuels to burn and civilization will collapse." UPDATED: 7/20/16 10:20 pm ET — adds background, details. Tesla Motors Inc. […]
New York Times Internal Inquiry Sealed the Fate of Roger Ailes at FoxNew York TimesRoger Ailes and his wife, Elizabeth Tilson. Mr. Ailes is negotiating his exit from Fox News. Credit Drew Angerer/Getty Images. Executives at 21st Century Fox decided to end the tenure of Roger Ailes after lawyers they hired to investigate an allegation […]