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☆ Insider Today: 'Stopover' travel hack
▼ + stars: | 2024-04-27 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. One 38-year-old woman told Business Insider that instead of skipping treats, she lost 140 pounds in two years by eating more high-protein foods. On the agenda:This story is available exclusively to Business Insider subscribers. "We're Here": In this wholesome Max series, famous drag queens travel to small-town America where they give out makeovers. More of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor-in-chief, in New York.

Persons: —, Anneta, Jeff Bezos, Eduardo Parra, Nick Goldson, Tyler Le, she's, Jenny Chang, Rodriguez, Brad Gilbert, Zendaya, Megan Tjelle, Tjelle, messier, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Washington Post, Allen & Company Sun Valley Conference, That's, Soho House, Madrid Airport, Europa Press, Getty, Warner Bros, Hulu, Netflix Locations: Hailey , Idaho, Cecconi's, West Hollywood, Madrid, Chicago, Chilean, America, New York

☆ 10 Years, 100 Stories: The Work That Defines the Upshot
▼ + stars: | 2024-04-27 | by ( The Upshot Staff | ) www.nytimes.com time to read: +20 min

Ten years ago this week, The New York Times introduced the Upshot, a section devoted to explaining “politics, policy and everyday life.” That’s a wide scope, by design. As a result, more than 5,000 articles later, the Upshot has been many things to many readers. To mark our 10th birthday, we’ve collected 100 stories that embody the Upshot. WordleBot Eden Weingart/The New York Times When Wordle first became popular, several people on the internet claimed, plausibly, that they had come up with the “best” opening word. Force of Ship Impact Was on the Scale of a Rocket Launch Erin Schaff/The New York Times We think of the Upshot as a place where back-of-the-envelope calculations can be both helpful and welcome.

Persons: ”, Nate Cohn’s, we’ve, Kevin Quealy, John Branch, John, Patrick Thomas, tut, Trump, pollsters, Obamacare, Leif Parsons, We’re, Jason Henry, Tony Luong, Jordan, ‘, Ruth Fremson, Laurel, ’ Rodrigo Corral, Alex Welsh, Paul Romer, Tim Enthoven, Barack Obama, epidemiologists, It’s, you’re, WordleBot Eden, Wordle, Lila Barth, McCabe, Tom Brady, ChatGPT, —, Erin Schaff Organizations: New York Times, Facebook, Yankees, Red, State Newspaper, ESPN, The Athletic, The Times, You’re, Voters, Trump, Mr, Times, Siena College, Walmart, The New York Times, Jordan Siemens, Health, New, Nike, Democratic, Twitter, America, Iowa, Iowa Democratic, Cancer, Hit, Biden, Insurance, Roe America, Disorders, Republican, Republican Party of, U.S, Budget, NASA, National, Traffic, Administration, Yorkers, Force Locations: It’s, Red Sox, State, America, Dakota, Ireland, Chipotle, Japan, U.S, United States, Siena, New Pennsylvania, District, Iowa, Covid, York City, New York, Pennsylvania, Roe, Tonga, Arizona, York, Holland

☆ Frustrated Sephora workers say their makeup freebies and hours are drying up
▼ + stars: | 2024-04-27 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

The difference, they said, is that as flex employees, their hours aren't guaranteed. Multiple employees told BI that May will be the last month that flex workers receive gratis. Related storiesWhen frustrated workers flooded the r/SephoraWorkers forum, a photo of a poster was uploaded that depicted the benefits flex employees earned compared to their coworkers. "We're all being pushed to sell, sell, sell," a current employee told BI. One former Sephora employee previously told BI that Sephora had changed from being a dream job for makeup lovers to "just a transaction" after several years.

Persons: —, Grace —, Grace, Sephora, concealers, hasn't, it's, Weeks, they'd, gratis Organizations: Service, Business, BI, LVMH Locations: Sephora, Ohio

☆ What this NFL Draft pick plans to do with his new money—from mutual funds and a Roth IRA to Air Jordan 1 sneakers
▼ + stars: | 2024-04-27 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Fiske, 24, was drafted by the Los Angeles Rams in the second round of the 2024 NFL Draft on Friday evening. "I had never been around that much money," Fiske told MarketWatch last month. Together, they've discussed "how my financial life is going to change" upon signing an NFL contract, Fiske noted. "I'm putting money into mutual funds, index funds, high-yield savings accounts and maybe exploring new investment opportunities, too," he said, adding: "I also have a Roth IRA ... But that doesn't mean he won't splurge on a fun purchase: He's an avowed fan of Nike's Air Jordan 1 sneakers, for example.

Persons: Braden Fiske, —, Fiske, you've, they've, Roth, he's Organizations: Los Angeles Rams, Florida State University, FSU, NFL, Roth IRA, Air, Honda Accord, CNBC

☆ The FBI continues to ignore Jeffrey Epstein's victims even after reaching $139 million settlement for botched Larry Nassar investigation
▼ + stars: | 2024-04-26 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +7 min

The Justice Department settled over 100 claims from victims of Larry Nassar for $138.7 million. But it's ignored claims from Jeffrey Epstein victims, who say law enforcement failed to protect them. Representatives for the Justice Department didn't immediately respond to Business Insider's request for comment Friday. But the Justice Department, while not denying wrongdoing, hasn't engaged in settlement talks, he said. He said, "It's confusing and confounding" that the FBI isn't addressing the claims of Epstein's victims with the same urgency it gave Nassar's.

Persons: Larry Nassar, it's, Jeffrey Epstein, Epstein, —, Nassar, Jordan Merson, Merson, Justice Department didn't, Jane, Alexander Acosta, Donald Trump's, Ghislaine Maxwell, Acosta, Cory Booker, Marsha Blackburn, Christopher Wray, Wray, hasn't Organizations: Department, Service, Justice Department, USA Gymnastics, Justice, FBI, Business, DOJ, Miami Herald, Department's, US, US Virgin Islands Locations: New York, Florida, US Virgin

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin and ether dip to end the week, and crypto firm Consensys sues the SEC: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Lyn Alden, founder of Lyn Alden Investment Strategy and board director of Swan Bitcoin, provides insight into bitcoin's performance in the face of macroeconomic pressures.

Persons: Consensys, explainers, Lyn Alden, Swan Organizations: SEC, CNBC Crypto, CNBC, Lyn, Lyn Alden Investment

☆ We have more insights as to where the economy is headed — and it's not good
▼ + stars: | 2024-04-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at how the latest GDP data has shifted the expectations of where the economy is headed. Now, the economy will need some type of event (see: bubble popping) for rate cuts to become an option anytime soon, Miskin said. Energy price shocks could bring the world economy to a "vulnerable moment," chief economist Indermit Gill warned.

Persons: —, TikTok, they're, you'd, Jia Feng, It'll, Insider's Madison Hoff, It's, Jerome Powell, Anna Moneymaker, BI's Filip De Mott, Jamie Dimon, Matt Miskin, Miskin, Mark Zuckerberg, C, Cox, Jenny Chang, Rodriguez, Goldman Sachs, Guess what's, Indermit Gill, Alphabet's, Redmond, Tyler Le, Doug McMillon, execs, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Reserve, stagflation, JPMorgan, Wall Street, John Hancock Investment Management, Galatioto Sports Partners, Bank, Google, Big Tech, Microsoft, Health, Linkedin, YouTube, ExxonMobil Locations: Chevron, New York, London

☆ Kirk Cousins: Atlanta Falcons pick QB Michael Penix Jr. in NFL Draft. Current starter’s camp ‘had no idea’ of surprise move
▼ + stars: | 2024-04-26 | by ( Ben Morse | ) edition.cnn.com time to read: +4 min

CNN —The Atlanta Falcons surprised the NFL world on Thursday, selecting quarterback Michael Penix Jr. with the No. They also expressed their excitement in having someone to help them win right now in the former Minnesota Vikings QB, while also being able to build for the future with Penix Jr. Morris said that Cousins’ reaction when he was informed that the team would be selecting Penix Jr. would remain private. The Falcons are hoping a similar tactic works for them, now that Cousins and Penix Jr. are at the franchise. Penix Jr. performs in the 2024 NFL Combine.

Persons: Michael Penix Jr, Kirk Cousins, Cousins, Penix Jr, Mike McCartney, ” McCartney, Mike Garafolo, “, Kirk, Terry Fontenot, Raheem Morris, Morris, Penix, ” Morris, “ It’s, ” Cousins, Mike Stewart, Jordan Love, Aaron Rodgers, Rodgers, grumbled, Love, that’s, Kirby Lee, Kirk’s, Michael, ” Penix, Patrick Mahomes Organizations: CNN, The Atlanta Falcons, NFL, Falcons, Atlanta, Minnesota Vikings QB, Packers, New York Jets, National Football League, USA, Reuters, Washington, FBS Locations: New York, Cousins, Indiana, Washington

☆ Reid Hoffman interviewed his AI deepfake and it was pretty convincing
▼ + stars: | 2024-04-26 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Reid Hoffman sat down for an interview with a deepfake of himself. The bot discussed AI regulation and spoke in Klingon during the conversation. Reid AI and Hoffman asked each other questions throughout the interview posted Wednesday. AdvertisementIn their conversation, the two Reids discussed AI regulation, its capabilities, and ways Hoffman can improve his LinkedIn profile. Advertisement"There's a need for a framework that not only fuels innovation but also ensures AI benefits are fairly distributed, all while focusing on enhancing public good," Reid AI said.

Persons: Reid Hoffman, —, Reid Hoffman's, Jerry Seinfeld, Reid, Hoffman, I've, deepfakes Organizations: Service

☆ It isn't just Boeing that's bleeding billions — major US airlines are hemorrhaging cash too
▼ + stars: | 2024-04-26 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Southwest Airlines and American Airlines posted losses in the first quarter of 2024. On Thursday, Southwest Airlines and American Airlines reported losses in their quarterly earnings call. Southwest Airlines CEO Bob Jordan told CNBC the decision to cease flights had "nothing to do" with Boeing's aircraft delivery delays. AdvertisementRepresentatives for Southwest Airlines and American Airlines didn't immediately respond to a request for comment from BI sent outside regular business hours. "Near term, yes, we are in a tough moment," Boeing CEO Dave Calhoun said in a letter to employees on the same day.

Persons: It's, Bob Jordan, —, George Bush, Jordan, Robert Isom, I've, Isom, Isom's, Brian West, Dave Calhoun Organizations: Boeing, Airlines, Southwest Airlines, American Airlines, Southwest, Service, —, — Bellingham International, Cozumel International Airport, George, George Bush Intercontinental Airport, Syracuse Hancock International, CNBC, American, Bank of America Global Industrials Conference . West, BI, Max, Wednesday Locations: — Bellingham, Cozumel, Southwest, Oregon, California

☆ Why this campus turmoil story is so complex
▼ + stars: | 2024-04-26 | by ( David Goldman | Ramishah Maruf | ) edition.cnn.com time to read: +8 min

Brian Snyder/Reuters House Speaker Mike Johnson speaks to the media on the campus of Columbia University after meeting with Jewish students on April 24. Alex Kent/AFP/Getty Images People watch from a window as New York University students set up a tent encampment on April 22. Stefan Jeremiah/AP Israeli flags are reflected in the sunglasses of a demonstrator in front of Columbia University on April 22. The White House and multiple governors have voiced support for Jewish students and urged protesters and universities to exercise restraint. Yet hundreds of protesters have been arrested for trespassing and for violating school rules, including blocking access to campus buildings or other disruptions on campus.

Persons: Jay Janner, Mike Stewart, Sarah Reingewirtz, Brandon Bell, Brian Snyder, Mike Johnson, Timothy A, Clary, Alex Kent, Matthew Hatcher, Nuri Vallbona, Jordan Vonderhaar, Zaydee Sanchez, Caitlin Ochs, Cameron Jones, Stephanie Keith, Andres Kudacki, Tayfun, Joe Buglewicz, Fatih Aktas, Michael M, Mary Altaffer, Scott Eisen, Columbia's, David Dee Delgado, Stefan Jeremiah, Selcuk, Kena Betancur, Benjamin Netanyahu’s Organizations: New, New York CNN, University of Texas, Austin Statesman, USA, Network, Reuters, Reuters Georgia State Patrol, Emory University, University of Southern, MediaNews, Los Angeles Daily News, Getty, Austin, University, Emerson College, Columbia University, Swarthmore College, Bloomberg, Getty Images Police, Reuters New York, Reuters Columbia, Columbia, CNN, New York University, New York Times, University of California, Sproul Hall, Yale University, University police, Monday, York University, The New School, AP, Massachusetts Institute of Technology, Library, Getty Images, CAIR, Defamation, Jewish, Israel Locations: New York, United States, Gaza, Gaza . Texas, Austin, Reuters Georgia, Atlanta, University of Southern California, Los Angeles, Boston, AFP, Swarthmore , Pennsylvania, Texas, Columbia, New, Berkeley, Sproul, Anadolu, New Haven , Connecticut, Cambridge, Israel

☆ Two horses in a ‘serious condition’ after running loose in central London, minister says
▼ + stars: | 2024-04-25 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —Two Household Cavalry horses which broke free and ran through the streets of London on Wednesday are in a “serious condition,” a British government minister has said. The army said in an update on X on Thursday that five horses tried to bolt and four broke loose. The two horses are said to be in a "serious condition." Footage emerged on social media on Wednesday of the horses running through central London. Jordan Pettitt/PAStartling footage emerged on social media on Wednesday showing the two horses – one apparently covered with blood – running through Aldwych in central London.

Persons: ”, we’ll, James Cartlidge, Nick Ferrari, Cartlidge, ” Cartlidge, Jordan, Jordan Pettitt Organizations: CNN, Cavalry, British Army, LBC, Sky News, Britain’s, Media, Mercedes, Household Cavalry Locations: London, Vida, Aldwych, Clermont, Buckingham, Hyde, Buckingham Palace

☆ A California woman bought a vacant lot in Hawaii and discovered a $500,000 house was built on it without her permission
▼ + stars: | 2024-04-25 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +7 min

A developer in Hawaii accidentally built a house on it instead of the neighboring lot. Reynolds bought a one-acre plot of land in Hawaiian Paradise Park, a nearly 15,000-person subdivision on Hawaii's Big Island, for $22,500 at a tax auction. Reynolds' lot is just two miles from the beach. He told BI that in Paradise Park, unless you're next to the ocean or the highway, every parcel looks indistinguishable. Related stories"There are 8,000 one-acre lots in Paradise Park," Kenny said.

Persons: Anne Reynolds, —, Anne, Reynolds, Trulia —, Doug Keown, Dana Kenny, Kenny, Peter Olson, James DiPasquale, I've, — I've, DiPasquale, they're Organizations: Service, BI, Savio Realty Ltd, Keaau Development, DiPasquale Locations: Hawaii, Paradise, California

☆ Justice Department rebuffs Republican requests for audio of Biden interview with special counsel
▼ + stars: | 2024-04-25 | by ( Annie Grayer | ) edition.cnn.com time to read: +5 min

CNN —The Department of Justice doubled down on its decision to not release the audio files of President Joe Biden’s interview with special counsel Robert Hur to House Republicans, stating that Republicans have not established a legitimate legislative purpose for demanding these recordings, in a new letter obtained by CNN. The DOJ’s refusal to turn over the audio comes as Republicans find their impeachment inquiry into the president stalled now that the prospects of the investigation ending in impeachment are increasingly unlikely. Without the votes in their narrow majority or evidence of an impeachable offense, Republicans are now struggling with how to end their probe. Uriarte pointed to the possibility that audio files can be manipulated through “cutting, erasing, and splicing” in a way that increases the privacy concerns of the witness. Uriarte therefore accused Republicans of going after these audio files for the wrong reasons.

Persons: Joe Biden’s, Robert Hur, Carlos Uriarte, James Comer, Jim Jordan, General Merrick Garland, Hur, Mark Zwonitzer, Uriarte, Biden, ” Uriarte, spokespeople, Comer, Jordan, “, Arseniy Yatsenyuk, Zwonitzer, ” Organizations: CNN, Department, Justice, House Republicans, Republicans, DOJ, Ukrainian, Fox News, “

☆ Millennials are a lot better off financially than you may realize
▼ + stars: | 2024-04-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at how millennials have seen their wealth explode over the past few years. Millennials, the oft-maligned generation , are a lot better off financially than you might realize. A new report found millennials saw their wealth double from the end of 2019 through 2023, writes BI's Juliana Kaplan. Whatever the case, millennials' wealth can keep growing. The Department of Justice is investigating the consultancy for its past work advising opioid companies about how to boost their sales , The Wall Street Journal reported on Wednesday.

Persons: —, Iurii Garmash, Tyler Le, millennials, BI's Juliana Kaplan, Harry Potter fanfiction didn't, Millennials, Gen Xers, eyeing, Juliana Kaplan, Gen, Chelsea Jia Feng, Jamie Dimon, Devin Nunes, Mark Zuckerberg, they've, There's, Nathan Congleton, Blackstone, Donald Trump's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Service, Business, Studio, Getty, millennials, Slaven, The New York Times, Nvidia, Trump Media, House Republicans, Meta, Green, Getty Images Google, Apollo, KKR, Justice, Street, Wednesday, McKinsey, NFL, US Locations: That's, Chelsea, premarket, NBCU, New York, London

☆ Southwest Airlines CEO Bob Jordan on Q1 miss: A strong quarter despite the financial results
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouthwest Airlines CEO Bob Jordan on Q1 miss: A strong quarter despite the financial resultsCNBC’s Phil LeBeau and Southwest Airlines CEO Bob Jordan join 'Squawk Box' to discuss the company's quarterly earnings results, impact of Boeing's delivery delays, the airline's decision to stop service at 5 airports, growth outlook, hiring freeze, and more.

Persons: Bob Jordan, Phil LeBeau Organizations: Southwest, Southwest Airlines

☆ Jurgen Klopp’s ‘Last Dance’ falls flat as Liverpool stunned by local rival Everton to drop out of Premier League title race
▼ + stars: | 2024-04-25 | by ( Matias Grez | ) edition.cnn.com time to read: +4 min

CNN —For much of this season, Liverpool fans had spoken about sending Jürgen Klopp into the sunset with a historic quadruple of trophies. On Wednesday, Liverpool was stunned 2-0 by struggling local rival Everton in the final Merseyside derby of Klopp’s reign, all but ending the team’s hopes of winning a second Premier League title during the German’s tenure. The defeat leaves Liverpool in second place, three points behind Arsenal and one ahead of Manchester City, though Pep Guardiola’s side now has two games in hand. Klopp will now likely end his final season in charge with just the League Cup. In the second half, the emotions, we’re in a rush, not really clear enough and then we concede the second goal with a routine they’ve done all season.

Persons: Jürgen Klopp, Jarrad, Dominic Calvert, Lewin, “, ”, Pep, ” Klopp, Peter Byrne, ‘, Darwin Núñez’s, Mo Salah, “ It’s, Jordan, Pickford, Klopp, Carl Recine, Arne Slot Organizations: CNN, Liverpool, League, Everton, Merseyside, Premier League, Park, Goodison, Arsenal, Sky Sports, Europa League, Atalanta, Manchester United, Goodison Park, Reuters, Feyernoord Locations: Manchester City, Liverpool

On Wednesday the Microsoft -backed company priced shares at $32 each, above its expected range of $28 to 31 per share. In selling 23.5 million shares, it raised $752 million. Rubrik shares are trading under the ticker "RBRK." Many technology companies appeared on public markets in the 2010s as central banks kept interest rates low. Rubrik, founded a decade ago, reported a $354 million net loss in the latest fiscal year, compared to a $278 million loss in the year prior.

Persons: Rubrik, It's, Bipul Sinha Organizations: New York Stock Exchange, Microsoft, Astera Labs

☆ Open seating no more? Southwest CEO says airline is weighing cabin changes
▼ + stars: | 2024-04-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Southwest Airlines is weighing changes to its cabin that could involve abandoning its single-class, open-seating system to drive up revenue, CEO Bob Jordan told CNBC on Thursday. The changes would mark a massive shift for the carrier that has stood apart from rivals for decades with its simpler business model. Southwest's all-Boeing 737 fleet has a single economy class cabin and no seating assignments, though it does offer earlier boarding to customers for a fee so they can snag their preferred seats. The airline has focused on keeping its product simple and user-friendly for years, aiming to keep its own costs and complexity to a minimum. Meanwhile, rivals including Delta and United have touted high revenue growth for premium seating such as business class and strong upsell rates.

Persons: Bob Jordan, Jordan Organizations: Airlines, CNBC, Boeing, Delta

☆ Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
▼ + stars: | 2024-04-25 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

In its earnings report on Thursday, Microsoft said capital expenditures jumped 79% from a year earlier to $14 billion. "We do have demand that exceeds our supply by a bit," Microsoft CFO Amy Hood told analysts on the company's earnings call. During the fiscal third quarter, revenue in Microsoft's Azure cloud rose 31%, with 7 percentage points from AI. Microsoft intends "to scale to meet the growing demand signal for our cloud and AI products," she said. WATCH: Microsoft's capex increase for AI infrastructure is not a surprise, says Deepwater's Gene Munster

Persons: Amy Hood, Hood, Deepwater's Gene Munster Organizations: Microsoft, OpenAI, Nvidia, Amazon Web Services Locations: Bellevue , Washington

☆ NFL draft prospect who could get a $2.7 million signing bonus still drives his old Honda Accord: 'It gets me from A to B'
▼ + stars: | 2024-04-25 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

That would mean a likely contract of around $8 million over four years, including a $2.7 million signing bonus, according to MarketWatch . The idea of young athletes reaping instant riches has long been an annual subplot of the NFL draft. The money I received gave me a peace of mind I did not have previously," Fiske told Business Insider. Though he made some savvy choices, Fiske admitted he made "a few mistakes" early on after receiving his NIL money. "I'm sure I'll give in once I see more 0s on my account," Fiske told MarketWatch.

Persons: Fiske, Braden Fiske, he's, He's, he'll Organizations: Honda Accord, Florida State University, NFL, NCAA, FSU, Business, IRA, Air, CNBC Locations: Detroit

☆ Southwest loss widens, airline warns Boeing airplane delays will hit growth into 2025
▼ + stars: | 2024-04-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

A Southwest commercial airliner takes off from Las Vegas International Airport in Las Vegas, Nevada, U.S., February 8, 2024. Southwest Airlines on Thursday posted a wider loss for the first quarter than the same period last year and warned that Boeing's airplane delays will hamper its growth into 2025. "The recent news from Boeing regarding further aircraft delivery delays presents significant challenges for both 2024 and 2025. Adjusting for one-time items, including costs related to labor contracts and fuel, Southwest lost $218 million, or 36 cents a share. Correction: Southwest Airlines revenue of $6.33 billion came in slightly below analysts' estimates as compiled by LSEG.

Persons: George Bush, Bob Jordan, replanning, LSEG Organizations: Las Vegas International, Southwest Airlines, Boeing, Max, Bellingham International Airport, Cozumel International, Southwest, LSEG . Locations: Las Vegas , Nevada, U.S, Syracuse , New York, Bellingham, Washington, Cozumel, Dallas

☆ Why auction houses are embracing luxury — and celebrity — fashion
▼ + stars: | 2024-04-25 | by ( Joan Kennedy | ) edition.cnn.com time to read: +8 min

(CNN) — There’s a lot of talk about luxury’s rising prices, but it’s at auction that fashion is selling for the most eye-popping of sums. Fashion items from the sets of TV, film and even commercials can also garner high prices. Frank Augstein/APWhile selling prices are widely publicized, auction houses maintain something akin to attorney-client privilege when it comes to the identities of their bidders. In fact, much of the archival fashion seen on stars today has passed through auction. “That dress would now sell for $10 million because of that double whammy connection of a celebrity,” said Nolan.

Persons: —, Celine, Joan Didion, Levi’s, Kurt Cobain, Elton, Burberry, ”, Nicole Kidman, Lucy Bishop, Frank Augstein, Bishop, Audrey Hepburn, Diana —, Victoria, they’re, Lady Gaga, Kim Kardashian, Michael Jackson’s, Laverne Cox, Jordan Strauss, ’, Shannon Hoey, Hoey, Dior, Elizabeth Debicki, Diana, “, Meg Randell, Leigh Anne Clark —, Valentino, Saint Laurent, Chanel, Andre Leon Talley’s Birkin, Christie’s, Anna Wintour, Clark, Talley, would’ve, Andre Leon Talley's, Meghan McCarthy, Renae Plant, Diana’s, It’s, Carrie Bradshaw, Martin Nolan, Carrie Bradshaw's, Craig Blankenhorn, Barbie, Marilyn Monroe, John F, Kennedy, Nolan, Read Organizations: The, Fashion, CNN, AMC, Albert Museum, York’s Metropolitan Museum of Art, Vogue, USA, Plant, City, Julien’s, HBO Locations: London, Dallas, Palm Beach , Florida, California, Paris, Australia

☆ Boeing problems lead Southwest to drop service to four airports
▼ + stars: | 2024-04-25 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

“The recent news from Boeing regarding further aircraft delivery delays presents significant challenges for both 2024 and 2025,” said Southwest CEO Bob Jordan in the company’s first-quarter financial results statement. That incident prompted a three-week grounding of the Max 9, and will delay the certification of two new models of the plane, the 737 Max 7 and 737 Max 10, until at least next year. The cutbacks are the latest sign of the widening impact of the ongoing problems at Boeing throughout the air travel system. It announced Thursday that it has trimmed its order book to 19 of those jets, shifting to 737 Max 8 jets instead. Unlike all-Boeing Southwest, American’s fleet of mainline aircraft is split fairly evenly between those from Boeing and those from its rival Airbus.

Persons: Houston’s George, ”, Bob Jordan, replanning, Max, Robert Isom Organizations: New, New York CNN, Southwest Airlines, Boeing, Bellingham International Airport, Cozumel International, Syracuse Hancock International, Houston’s George Bush Intercontinental Airport, Alaska Airlines, American Airlines, Airbus, American Locations: New York, Bellingham, Washington state, Cozumel, Mexico, Syracuse, Southwest

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin outperforms Nasdaq after U.S. economy grew less than projected in Q1: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Nathan McCauley, co-founder and CEO of Anchorage Digital, discusses the platform's new crypto settlement network.

Persons: explainers, Nathan McCauley Organizations: Nasdaq, CNBC Crypto, CNBC, Anchorage Digital

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