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☆ How Delta made itself America's luxury airline — and what United wants to do about it
▼ + stars: | 2024-06-25 | by ( Leslie Josephs | ) www.cnbc.com time to read: +16 min

Rival United Airlines — second to Delta in net profit margins — is circling. Delta plans to open Delta One lounges in Boston and Los Angeles later this year, and is studying airports where it could open others. Like other airlines, Delta accepted billions in federal aid to weather the pandemic. Luxury air travel and the United States didn't go together for many years — and might not still, if you ask well-heeled globetrotters. And at Delta and other airlines, many of the perks for luxury flyers come through lounges.

Persons: Benoit Tessier, Ed Bastian's, Bastian, Ed Bastian, John F, Raymond James, Savanthi Syth, Andrew Nocella, Patrick Quayle, Quayle, Richard Anderson, Anderson, Delta, Barack Obama's, They're, Shai Weiss, Claude Roussel, Joe Biden, United States didn't, Henry Harteveldt, Scott Kirby Organizations: Airbus, Delta Air Lines, Reuters Delta Air Lines, Transportation Department, Rival United Airlines —, CNBC, Delta Air Lines Inc, Bloomberg, Getty, American Express, Kennedy International Airport, United, Boeing, U.S, Labor, Southwest Airlines, U.S ., JetBlue Airways, Delta, Corporate, Northwest Airlines, Endeavor, Virgin, American, Sky Club, New, LaGuardia, Etihad Airways, Singapore Airlines, Atmosphere Research, Airlines, Sky Clubs, Los Angeles International Airport, JFK, American Airlines, JPMorgan, Consumer Electronics, Starbucks Locations: punctuality, New York, Delta, Chicago, Boston, Los Angeles, Dubrovnik, Croatia, Amman, Jordan, Cape Town , South Africa, Atlanta, U.S, Queens, N.Y, United, Tokyo, York, United States, Las Vegas

☆ The 5 biggest cases the Supreme Court hasn't yet decided
▼ + stars: | 2024-06-23 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +8 min

The nation's highest court typically wraps up its business by the end of June, but court watchers count roughly a dozen major pending decisions. Trump v. United States: The Trump immunity caseThe implications for Trump alone made this the most closely-watched case this term. As Justice Neil Gorsuch said during oral arguments, the court may write "a rule for the ages." Justices heard oral arguments in a case brought by commercial fishermen about a rule requiring them to pay for monitors that track potential overfishing. Justice Elena Kagan said during oral arguments that 70 Supreme Court rulings and more than 17,000 lower-court decisions have relied on Chevron.

Persons: —, Donald Trump's, Trump, Neil Gorsuch, Ketanji Brown Jackson, Jack Smith's, Smith, Lev Radin, Fischer, Joseph Fischer's, John Roberts, Loper, Raimondo, Biden, Elena Kagan, Andrew Harnik, Moyle, Roe, Joshua Turner, Ken Paxton, Brandon Bell, Ron DeSantis Organizations: Service, Trump, Business, . United, Police, United, Enron, Capitol, Electoral, Biden, Washington Post, Loper Bright Enterprises, FDA, Chevron, Natural Resources Defense, Inc, Getty, Idaho, Labor, Paxton, Industry, Gov, The Washington Post, Court, GOP Locations: . United States, United States, Pennsylvania, Chevron U.S.A, Idaho's, Idaho, Texas, Red, Florida

☆ Supreme Court rejects challenge to tax on foreign investments — but avoids wealth tax debate
▼ + stars: | 2024-06-21 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

An exterior view of the Supreme Court on June 20, 2024 in Washington, DC. In a closely watched case, the Supreme Court on Thursday denied a challenge to a federal tax on certain foreign investments — but left questions about whether a wealth tax is constitutional. The provision was enacted via the Republicans' 2017 tax overhaul to help pay for the legislation's other tax breaks. While the Supreme Court upheld the tax on the Moores, the justices steered clear of the broader debate on whether a wealth tax is constitutional. He emphasized the limited scope of the opinion and how it only addressed the "precise and narrow question" of the Moore's case.

Persons: Moore, Moores, Xers, haven't, Brett Kavanaugh Organizations: Republicans, Finance, Trump, Moores Locations: Washington , DC, United States, Washington, India

☆ The US Air Force says the military's new dogfighting AI fighter jet pilot is making 'dramatic' advances from one test to the next
▼ + stars: | 2024-06-20 | by ( Chris Panella | ) www.businessinsider.com time to read: +7 min

Read previewLast month, two US Air Force fighter jets battled in the skies above California in an intense dogfight. AdvertisementCol. James Valpiani, Air Force Test Pilot School commandant, provides final points of instruction to Secretary of the Air Force Frank Kendall during his visit to Edwards Air Force, California, May 2. But throughout all of this, the AI pilot, named Hivemind, has been maturing quicker than expected. The X-62 Variable In-Flight Simulator Test Aircraft (VISTA) flies in the skies over Edwards Air Force Base, California, Aug. 26, 2022. Footage from the real-world test of a dogfight between an AI-controlled fighter and a manned fighter.

Persons: —, James Valpiani, Frank, Kendall, Valpiani, Frank Kendall, It's, Ryan Tseng, Tseng, Air Force Frank Kendall, James West Tseng, Ryan Hefron, Hefron, Kyle Brasier, Giancarlo Casem Organizations: Service, US Air Force, Air Force, Defense, Research, Business, An Air Force, Air, Edwards Air Force Base, U.S . Air Force, Edwards Air Base, United States Air Force, Edwards Air Force, DOD, DARPA, Shield, Aircraft, USAF, Israel Defense Forces, DoD Locations: California, Calif, China, Gaza

☆ 'Outsized winners': Morgan Stanley names global stocks to tap the 'upgrade supercycle' in a corner of AI
▼ + stars: | 2024-06-19 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

The market is underestimating one corner of artificial intelligence, according to Morgan Stanley. The innovation in the sector is set to drive AI chip capabilities, said Morgan Stanley. Morgan Stanley says it sees "outsized winners" in Japan, South Korea and the European Union. Taiwan TSMC : Morgan Stanley noted the Taiwanese semiconductor firm is a major provider of CoWoS technology, a type of packaging technology. Japan Morgan Stanley says it favors Disco and Advantest the most out of all the companies in Japan that are producing equipment for advanced packaging.

Persons: Morgan Stanley, That's, Amkor, TSMC, — CNBC's Michael Bloom Organizations: Engineers, European Union, United, Semiconductor Assembly, Test Services, Apple, ACM Research, SK Hynix, SK Hynix's Locations: Japan, South Korea, United States, Arizona, Taiwan

☆ Martin Shkreli is accused of making copies of his one-of-a-kind Wu-Tang Clan album before he sold it for $4.75 million
▼ + stars: | 2024-06-13 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +4 min

Read preview"Pharma bro" Martin Shkreli has been accused in a lawsuit of making and sharing copies of a supposedly one-of-a-kind Wu-Tang Clan album before he sold it for $4.75 million. The Wu-Tang Clan album that was forfeited by Martin Shkreli, in a handout photo dated July 2021. UNITED STATES MARSHALS SERVICE/ReutersBut it went on to describe multiple alleged examples of Shkreli either playing the album on livestreams or bragging about how many copies he has. During one livestream, during which he is alleged to have played the album, Shkreli said, per the lawsuit: "Of course I made MP3 copies, they're like hidden in safes all around the world." In other comments cited in the lawsuit, Shkreli suggested he'd "sold" copies and that more than 5,000 people had copies.

Persons: —, bro, Martin Shkreli, Wu, Tang, Shkreli, Wu - Tang Clan, PleasrDAO, he's Organizations: Service, Business, Wu -, Guardian, UNITED STATES, SERVICE

☆ I used to regularly fly on ultra-low-cost airlines to save money, but the cheap tickets aren't worth the headache anymore
▼ + stars: | 2024-06-13 | by ( Taylor Rains | ) www.businessinsider.com time to read: +7 min

AdvertisementPlus, I'm not convinced that Frontier and Spirit's recent addition of "premium" perks will give either a competitive edge. Frontier and Spirit offer 28 inches of pitch, while coach seats on all three mainline carriers start at 30 inches. AdvertisementAmerican Airlines, Delta Air Lines, and United Airlines recognized the budget competition years ago and created their own version of a cheap ticket: basic economy. ULCCs are not always cheaper once you do the mathIn my experience, mainline tickets are sometimes cheaper than Frontier or Spirit. Spirit has dropped all change and cancel fees, and Frontier is adding business-class-like seats to lure in more premium travelers.

Persons: —, I've, I'm, Taylor Rains, mainlines, it's, Scott Kirby, LaGuardia Organizations: Service, Spirit Airlines, Frontier Airlines, Business, American Airlines, Delta Air Lines, United Airlines, Mobile, LaGuardia Airport, Delta, Google, United, Spirit Locations: Delta, Orlando

☆ These are the best airlines right now, according to The Points Guy
▼ + stars: | 2024-06-12 | by ( Taylor Rains | ) www.businessinsider.com time to read: +6 min

Travel website The Points Guy published its annual list of the 10 best airlines in the US on Wednesday. Markus Mainka/Shutterstock2022 Rank: 6Best areas: Involuntary bumpsWorst areas: Route networkAdvertisement6. HUM Images/Universal Images Group via Getty Images2022 Rank: 5AdvertisementBest areas: Bags and change feesWorst areas: Lounges4. CHARLY TRIBALLEAU/AFP via Getty Images2022 Rank: 4Best areas: Route network, award availability (flights that can be booked with points or miles)AdvertisementWorst areas: Mishandled baggage and affordability3. Getty Images2022 Rank: 1AdvertisementBest areas: Timeliness and involuntary bumpsWorst areas: Affordability

Persons: —, Guy, Power, Allegiant, Here's, Elizabeth Page Brumley, Joe Cavaretta, Tom Williams, Markus Mainka, Robert Alexander, CHARLY TRIBALLEAU, Nicolas Economou, Mario Tama Organizations: Service, Business, Delta Air Lines, Alaska Airlines, United Airlines, Delta, Wall Street, TPG, Allegiant Air, Frontier Airlines, Spirit Airlines, Frontier, American Airlines, Southwest Airlines, JetBlue Airways, Hawaiian Airlines, Department of Transportation, Frontier Airlines Frontier Airlines, Las Vegas, Tribune, Getty, South Florida Sun Sentinel, Air Allegiant, US, JetBlue Airways JetBlue, Southwest Airlines Southwest, American Airlines American, United Airlines United, Delta Air Lines Delta Air Lines Locations: Delta, South, Hawaii, Pacific, Asia, US West Coast, AFP, Alaska

☆ Elliott doesn't want to run an airline, just want change: Fmr. United CEO on $2B Southwest stake
▼ + stars: | 2024-06-10 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElliott doesn't want to run an airline, just want change: Fmr. United CEO on $2B Southwest stakeOscar Munoz, Former United Airlines CEO, joins 'Closing Bell Overtime' to talk activist investor Elliott Management's new stake in Southwest airlines.

Persons: Elliott doesn't, Oscar Munoz, Elliott Management's Organizations: Former United Airlines CEO Locations: Southwest

☆ Rural hospitals keep getting attacked by cybercriminals. Microsoft and Google are working to fix that
▼ + stars: | 2024-06-10 | by ( Sean Lyngaas | Michelle Watson | ) edition.cnn.com time to read: +4 min

CNN —Microsoft and Google will offer free or discounted cybersecurity services to rural hospitals across the United States to make them less vulnerable to cyberattacks that have disrupted patient care and threatened lives, the White House and Microsoft said Monday. Microsoft said in a statement to CNN that it would provide free security updates for eligible rural hospitals, as well as security assessments and training for hospital staff. Google will provide free cybersecurity advice to rural hospitals and start a pilot program to match the firm’s cybersecurity services with the needs of rural hospitals, Anne Neuberger, the top cyber official at the White House National Security Council, told reporters on Sunday. The nation’s roughly 1,800 rural community hospitals are among the most vulnerable to dangerous ransomware attacks because they often lack IT security resources and cybersecurity-trained staff. “We do see a much more permissive environment in Russia by both hacktivists and criminals, and it’s of concern,” Neuberger, the White House official, told reporters.

Persons: Anne Neuberger, Biden, “, ” Neuberger, ” Cleveland, Justin Bibb’s, Cleveland, Bibb’s Organizations: CNN, Microsoft, Google, White House, White House National Security Council, Sunday, American Hospital Association, National Intelligence, UnitedHealth, FBI, Department of Public Safety, Department of Public Utilities Locations: United States, Russia, City, Cleveland

☆ Flying taxis are closer than ever to reality. The booming industry needs to overcome infrastructure hurdles.
▼ + stars: | 2024-06-06 | by ( Taylor Rains | ) www.businessinsider.com time to read: +9 min

One expert said eVTOLs fly at low altitudes and could create airspace and security challenges. The US's first electric vertical-takeoff and -landing aircraft are expected to fly commercial passengers as soon as 2025. It still needs further approvals to fly for airlines like United, but the latest certificate puts it one step closer. Archer's Midnight aircraft are typically shorter range, with the Midnight flying up to 100 miles on one charge. Joby plans to use the four urban vertiports as a citywide commercial eVTOL air link around Dubai.

Persons: eVTOLs, —, Archer, Bryan Bernhard, Bernhard, Archer's, Pete Syme, Henry Harteveldt, Joby, Rani Plaut, Harteveldt, Bernard, Archer Aviation's, Archer Aviation Bernhard Organizations: Infrastructure, Service, Royal Aeronautical Society, American Airlines, United Airlines, Virgin Atlantic Airways, US Air Force, JPMorgan, Newark Liberty International, O'Hare International, Archer, Midnight, Joby Aviation, FAA, NASA, Joby, Air, Delta Air Lines, Federal Aviation, Archer Aviation Locations: Manhattan, New Jersey, Chicago's, Henry, Dubai, Japan, New York City, San Francisco, Washington, London, Paris

☆ Electric air taxi maker Archer Aviation gets key FAA sign-off
▼ + stars: | 2024-06-05 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, on Aug. 2, 2023. The Federal Aviation Administration has granted Archer Aviation a key certification that gets the electric air taxi maker closer to eventually flying travelers, the company said Wednesday. United is working with Archer on what it would look like to enter the electric aircraft into service. Archer has partnered with automaker Stellantis to produce hundreds of the electric air taxis. On Tuesday, Joby said it plans to acquire the autonomy division of autonomous aviation company Xwing.

Persons: Archer, Adam Goldstein, Goldstein, couldn't, Andrew Chang, Joby Organizations: Archer Aviation, Salinas Municipal Airport, Federal Aviation Administration, United Airlines, CNBC, FAA, Joby Aviation, U.S . Air Force, Delta Air Lines Locations: Salinas, Salinas , California, Manhattan, Newark , New Jersey

☆ Boeing Starliner launches for the first time carrying NASA astronauts to the ISS
▼ + stars: | 2024-06-05 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +3 min

In this article BA Follow your favorite stocks CREATE FREE ACCOUNTBoeing launched its first Starliner flight with astronauts on Wednesday, beginning a crucial final flight test of the long-delayed spacecraft. ET from Cape Canaveral, Florida with two NASA astronauts aboard. Starliner is carried by an United Launch Alliance's Atlas V rocket and bound for the International Space Station. Boeing's crew flight test aims to certify the Starliner system as capable of carrying NASA astronauts to-and-from the ISS. The capsule itself is built to carry as many as four NASA astronauts per flight and more than 200 pounds of research and cargo.

Persons: Boeing's, Steve Nesius, Lockheed Martin –, Miguel J, Rodriguez Carrillo, Butch Wilmore, Suni Williams, Wilmore, Kim Shiflett, NASA Williams, Williams, Isaac Watson, NASA Starliner Organizations: Boeing, NASA, United, International Space, Alliance, V, International, Reuters, Lockheed, United Launch, Boeing's, Kennedy Space Center, AFP, Getty, Space Shuttle, Russia's, U.S . Navy, Soyuz, Navy, United Launch Alliance, Cape Canaveral Space Force Locations: Cape Canaveral , Florida, U.S, ULA, Cape Canaveral, Fla, Florida

☆ These are JPMorgan’s top stock picks for clients heading into June
▼ + stars: | 2024-06-03 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

JPMorgan highlighted a group of stocks to kick off the new trading month, reflecting its analysts' top picks and some new favorites, including Carvana and L3Harris Technologies . United Airlines is up nearly 28% this year, and JPMorgan thinks the stock could have a roughly 85% rally over the next year. Jefferies recently upgraded the airline to buy from hold , hiking its price target by $11 to $65. Higher international margins and increased free cash flow generation compared to this time last year should also help drive shares higher, the analyst said. With a $544 price target, the beauty stock could climb 37.7%, according to JPMorgan.

Persons: Wells Fargo, Jefferies, Sheila Kahyaoglu Organizations: JPMorgan, L3Harris Technologies, United Airlines, Boeing, U.S Locations: Lowe's

☆ Real Madrid are Champions League winners again – and their power only looks set to grow
▼ + stars: | 2024-06-01 | by ( Dermot Corrigan | ) www.nytimes.com time to read: +16 min

The easier bit was the 90 minutes as Real Madrid won a record-extending 15th Champions League title by beating Borussia Dortmund in Saturday’s final. Off the pitch, Madrid topped Deloitte’s Football Money League 2024 with the highest revenues across the game over 2022-23. Madrid had been thrashed 4-0 by Pep Guardiola’s Manchester City in their Champions League semi-final second leg, while Xavi’s Barcelona easily won La Liga title. The ratings below, based on a model devised by sports intelligence firm Twenty First Group, help show the strength of many Madrid players whose best days are still ahead of them. Another key part of Madrid’s club value is its global reach and brand.

Persons: Dani Carvajal, Vinicius Junior, Nacho, Florentino Perez, Carlo Ancelotti’s, Jude Bellingham, Vinicius Jr, Federico Valverde, Rodrygo, Eder Militao, Aurelien Tchouameni, Eduardo Camavinga, Endrick, Pep, Cristiano Ronaldo, Sergio Ramos, Gareth Bale, Karim Benzema, Julian Finney –, Borja Garcia, ”, “ Perez, Lionel Messi, Ronaldo, Thibaut Courtois, David Alaba, Antonio Rudiger, Zinedine Zidane, David Beckham, € 350milllion, Eden Hazard, Luka Jovic, Zidane, Beckham, Boris Horvat, Harry Kane, Perez, Joselu, Arda Guler, — €, €, Valverde, Brahim Diaz, Alphonso Davies, 519million, Bale, Isco, Benzema, Toni Kroos, Garcia, “, Madrid’s Santiago, Florencia Tan Jun, 140million, € 1bn, Taylor Swift, 5million, “ We’ll, Andrea Sartori, trumpeted, ” Garcia, “ They’ve, they’ve, I’ve, 5.1billion, socios, 867million, It’s, Michael Regan – Organizations: Real Madrid, Borussia Dortmund, Madrid, Santiago Bernabeu, Liga, Supercopa de Espana, Atletico Madrid, Copa del Rey, Deloitte’s Football, Football Benchmark, Bernabeu, Manchester City, Champions League, Barcelona, La Liga, League, Julian Finney – UEFA, UEFA, Getty, Sport Management, Loughborough University, “, Juventus, Manchester United, Casemiro, Football, Arsenal, Bayern Munich, Bellingham, PSG, Chelsea, City, Madrid’s Santiago Bernabeu, €, € 1bn Bernabeu, NFL, 80million, Adidas, Emirates Airline, “ Real, Manchester City FC, Sixth, Providence, Catalan, Barca €, Super League, Super, Justice, Michael Regan – UEFA Locations: Saturday’s, Barcelona, Wembley, Madrid, Kylian Mbappe, “ Madrid, Tchouameni, Bellingham, AFP, England, Chelsea, Lille, Bernabeu, “ Real Madrid, Real, United States

Qatar Airways is 2024's "Airline of the Year," according to AirlineRatings.com. This year's list is again dominated by Middle Eastern and Asia-Pacific carriers, though Europe's Air France/KLM entered the ranking at No. The complete top 25 list of premium airlines for 2024, according to AirlineRatings.com, is as follows:1. American AirlinesIn an article announcing the ranking, AirlineRatings.com Editor-in-Chief Geoffrey Thomas said "Qatar Airways came out number one in many key areas although it was a very close scoring for the top ten." Qatar Airways also won the "Best Business Class" category for the fifth time in a row, while Singapore Airlines was named "Best First Class" and Air New Zealand for "Best Economy Class."

Persons: Geoffrey Thomas Organizations: Qatar Airways, Air New, Europe's Air France, KLM, Korean, Cathay Pacific Airways, Air New Zealand, Emirates, Air France, All Nippon Airways, Etihad Airways, Qantas, Virgin, Vietnam Airlines, Singapore Airlines, TAP, JAL, Alaska Airlines, Lufthansa, Turkish Airlines, IGA Group, British Airways, Air Canada, Delta Air, United Airlines, American Airlines, Flight Entertainment, Doha's Qatar Airways, Dubai's, Abu Dhabi's Etihad Airways Locations: Doha, Air New Zealand, Eastern, Asia, Pacific, Virgin Australia, TAP Portugal, Swiss, Iberia, Dubai's Emirates

☆ How to Force Justices Alito and Thomas to Recuse Themselves in the Jan. 6 Cases - The New York Times
▼ + stars: | 2024-05-29 | by ( Jamie Raskin | ) www.nytimes.com time to read: +1 min

Many people have gloomily accepted the conventional wisdom that because there is no binding Supreme Court ethics code, there is no way to force Associate Justices Samuel Alito and Clarence Thomas to recuse themselves from the Jan. 6 cases that are before the court. Justices Alito and Thomas are probably making the same assumption. Justice Thomas’s wife, Ginni Thomas, was deeply involved in the Jan. 6 “stop the steal” movement. Above the Virginia home of Justice Alito and his wife, Martha-Ann Alito, flew an upside-down American flag — a strong political statement among the people who stormed the Capitol. (Justice Alito said on Wednesday that he would not recuse himself from Jan. 6-related cases.)

Persons: Samuel Alito, Clarence Thomas, Alito, Thomas, Donald, Justice Thomas’s, Ginni Thomas, Martha, Ann Alito, Biden, Trump, Fischer, — Organizations: Trump v . Locations: New Jersey, Trump v, Trump v . United States, United States

☆ Stocks making the biggest moves premarket: Marathon Oil, Robinhood, American Airlines, Chewy & more
▼ + stars: | 2024-05-29 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Dick's Sporting Goods — The sporting goods retailer popped 7.7% after reporting an earnings and revenue beat for its fiscal first quarter. It now expects earnings per share to be between $13.35 and $13.75, up from its prior range of $12.85 to $13.25. Robinhood — The stock broker shares jump 1.6% in premarket after the trading startup announced its first-ever share buyback plan. Chewy posted earnings per share of 15 cents, topping a FactSet estimate of just 4 cents per share. Cava — The stock fell 5% in premarket even though the restaurant chain posted earnings and revenue for the first quarter that topped expectations.

Persons: Dick's, Robinhood, Chewy, Cava, LSEG, CNBC's David Faber, Merck, —, Jesse Pound, Michelle Fox, Lisa Han, Sarah Min, Brian Evans, Hakyung Kim Organizations: ConocoPhillips —, Marathon Oil, Goods, LSEG . American Airlines —, United Airlines —, Jefferies, United Airlines, Google, HubSpot, Merck Locations: American, premarket

☆ Stocks making the biggest moves after hours: American Airlines, Robinhood, Box and more
▼ + stars: | 2024-05-28 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Robinhood management expects to execute the program over a two- to three-year period starting in the third quarter of 2024, a press release said. Cava reported earnings of 12 cents per share on revenue of $259 million, while analysts polled by LSEG anticipated earnings of 4 cents per share on $246 million in revenue. Box — The cloud storage company added 1.2% on the back of better-than-expected earnings and revenue. Box reported adjusted earnings of 39 cents per share, while analysts polled by LSEG expected earnings of 36 cents per share. United reaffirmed its second-quarter earnings outlook range of $3.75 and $4.25 per share, according to a regulatory filing .

Persons: Cava, LSEG, —, Darla Mercado Organizations: Revenue, American Airlines, United Airlines — Locations: Cava

☆ Bob Menendez: 4 questions that could determine his legal – and political – fate
▼ + stars: | 2024-05-28 | by ( Gregory Krieg | ) edition.cnn.com time to read: +8 min

Prosecutors from the Southern District of New York are fighting a legal battle on two fronts. The government’s ability to sketch a clear and convincing picture for the jury despite these growing constraints will likely determine Menendez’s legal fate. “(She) communicated with the bribe payers, she passed messages to Menendez, and she collected some of the bribes,” Pomerantz said. Rob Menendez – rotten to the core.”Menendez Jr. directly addressed that line of attack in a recent spot of his own. But for Menendez, the senator and father, the will of the 8th District’s primary voters could weigh heavily on his political future – and legacy.

Persons: New Jersey Sen, Bob Menendez, Sidney Stein, Stein, Menendez, Prosecutors, –, Menendez –, Will Menendez, Donald Trump, Nadine, Nadine Menendez, Avi Weitzman, “, Lara Pomerantz, ” Pomerantz, ”, Rob Menendez Jr, Ravi Bhalla, Bhalla, Rob Menendez, Rob Menendez –, ” Menendez Jr, That’s, ” Menendez, “ I’m Organizations: New, New York CNN, New Jersey Democrat, Southern, of, US, McDonnell, United, Manhattan Criminal, Congressional, Democratic, Hoboken, Garden State Democrats ’ Locations: New York, New Jersey, Manhattan, Hudson, of New York, United States, Lower Manhattan, North Jersey’s, “ Jersey

Memorial Day weekend, the traditional launching pad of the summer travel season, is shaping up to set a scorching pace. United is expecting the biggest Memorial Day and summer travel season in the airline’s 98-year history, according to Andrew Nocella, United’s executive vice president and chief commercial officer. Air traffic controller shortageThe air traffic control tower at Los Angeles International Airport is a busy place. The United States is still short thousands of air traffic control personnel. Markus Mainka/imageBROKER/ShutterstockDespite a surge in hiring last year, air traffic control stations nationwide are still about 3,000 controllers short, according to new FAA numbers.

Persons: it’s, Andrew Nocella, Markus Mainka, Scott Keyes, ”, ” Keyes, Tayfun, Bob Thomas, haven’t, Elijah Nouvelage, Keyes, “, Antonio Masiello, he’s, Angela Fritz Organizations: CNN, Federal Aviation Administration, Transportation Security Administration, TSA, American Airlines and United Airlines, Airlines for America, Airlines, America, Air, Los Angeles International, FAA, CNN Travel, San Francisco International, Anadolu Agency, Embry ‑ Riddle Aeronautical University, Aircraft, Travelers, Hartsfield, Jackson Atlanta International Airport, Getty Locations: United States, New York City, Florida, New York, Miami, Chicago, Atlantic, AFP, Rome, Europe, Mexico, Australia, Paris, Iceland, Dublin, CNN’s

☆ I used to work in airline safety. United's new video has good intentions, but I don't think it will make passengers any less distracted.
▼ + stars: | 2024-05-16 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

Read previewI didn't retain much from United Airlines' new inflight safety video. "The safest safety video is one that people will want to watch even on your 45th viewing," United's creative director, Meg Mitchell, who oversaw production, told NPR. Japan Airlines' no-nonsense safety video is very different from the new one United revealed. Japan AirlinesAll 379 passengers on board that plane survived, and the airline's no-nonsense safety video likely helped. Don't get me wrong; I do think there is room for creativity in an airline safety video so long as it clearly conveys the message — but, in my opinion, United's got lost in the theatrics this time.

Persons: —, United, Meg Mitchell, United's Organizations: Service, United Airlines, Business, NPR, FAA, United, Japan Airlines, Japan Airlines Airbus, JAL Locations: Tokyo

☆ Manchester United 3-2 Newcastle United: Ten Hag’s side bounce back, Amad and Gordon shine
▼ + stars: | 2024-05-15 | by ( Mark Critchley | Chris Waugh | ) www.nytimes.com time to read: +8 min

Mark Critchley and Chris Waugh analyse the main talking points from Old Trafford…What does this mean for Manchester United? Mark CritchleyWhat does this mean for Newcastle United? Howe’s side are level on points with Manchester United, but above Ten Hag’s team on goal difference, a factor which could yet prove critical. Newcastle’s season-long away form, which is merely the 15th-best in the Premier League, has held them back throughout the campaign. What next for Newcastle United?

Persons: Newcastle United’s, Premier League Kobbie Mainoo, Anthony Gordon, Rasmus Hojlund, Lewis Hall, Mark Critchley, Chris Waugh, Erik, Mainoo, Oli Scarff, Stu Forster, Newcastle’s, Bruno Fernandes, Antony, Amad’s, Marcus Rashford, Alejandro Garnacho, Gordon, Aaron Wan, Jacob, St James ’ Park, they’ve, I’m, “, Eddie Howe, Roberto De Zerbi’s, Eddie Howe’s, — Organizations: Old, Manchester United, FA, Manchester City, Brighton, Premier League Kobbie, Newcastle, Arsenal, Getty, Europa League, Premier League, Newcastle United, Chelsea, Bournemouth, Brentford, Sunday, Europa Conference League, Ten, Manchester United’s, Manchester, St James, “ Newcastle, Sunday’s, Gtech Locations: Newcastle, Old Trafford, Europe, Crystal, AFP, Manchester, Brighton, Griffin

☆ Stocks making the biggest moves midday: AMC, GameStop, Sony, Planet Fitness and more
▼ + stars: | 2024-05-14 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Meme stocks — Meme stocks roared for a second day with GameStop surging more than 65% and AMC popping over 70%. AMC's Tuesday rally came even after the movie theater said it completed a $250 million stock sale during Monday's wild trading. Sony — U.S.-listed shares jumped 5.3% after quarterly revenue came in at 3.5 trillion yen, topping the consensus expectation of 2.89 trillion yen from analysts polled by LSEG. On Holding — The shoe maker jumped 16% after first-quarter earnings came in well ahead of analysts' expectations. Boston Beer Company — Shares added 1% after the beer brewer was upgraded by Jefferies to buy from hold.

Persons: United, Newell Brands, Roth, —, Yun Li, Michelle Fox, Samantha Subin, Hakyung Kim, Brian Evans Organizations: GameStop, AMC, Sony —, LSEG, Vodafone — U.S, United Airlines —, Barclays, Boston Beer, Jefferies, JPMorgan Locations: Europe

☆ Stocks making the biggest premarket moves: GameStop, AMC, Alibaba, Sony and more
▼ + stars: | 2024-05-14 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Check out the companies making the biggest moves in premarket trading: Meme stocks -- GameStop soared 120%, adding to the 74.4% it gained Monday , after the man who fueled the 2021 GameStop frenzy "Roaring Kitty" posted online for the first time in about three years. Shares of AMC popped 106%, while Reddit and Robinhood added 4% and nearly 6%, respectively. Alibaba -- U.S.-listed shares shed nearly 5% after the Chinese e-commerce giant reported an 86% drop in profits for its fiscal fourth quarter . However, Alibaba beat revenue expectations, coming in at 221.9 billion Chinese yuan ($30.7 billion) versus the LSEG consensus estimate of 219.66 billion yuan. Sony -- U.S.-listed shares added 3% after the PlayStation maker reported quarterly revenue of 3.5 trillion yen, topping the 2.89 trillion yen, per LSEG.

Persons: Kitty, Robinhood, FactSet, —, Jesse Pound, Alex Harring Organizations: GameStop, AMC, Home, LSEG, Revenue, Sony, PlayStation, Vodafone, Walmart, Wall Street Journal, United Airlines, Novo Nordisk

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