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The Toussaint Louverture International Airport, which has reopened after being closed for nearly three months due to gang violence, in Port-au-Prince, Haiti, on May 20. Montis and the Lloyds barricaded themselves inside their residence on the compound, but it was not enough, Lloyd told CNN. US Ambassador to Haiti Dennis Hankins walks after Haiti’s transitional council ceremony, on the outskirts of Port-au-Prince, Haiti on April 25, 2024. The situation on the ground in Port-au-Prince remains anarchic,” he warned. But Thursday morning, the bodies of Davy and Natalie Lloyd finally began their long journey home.
Persons: Davy, Natalie Lloyd, Haiti Dennis Hankins, , Toussaint, Ralph Tedy Erol, Jude Montis –, Davy Lloyd’s, David Lloyd, Lloyd, Eric Burlison, Sen, Josh Hawley, ” Burlison, we’ve, ” Natalie Lloyd’s, Naomi Baker, Ben Baker, Stacy Librandi Bourne, Vitel’homme, , Baryé, ” Innocent, Judes Montis, Odelyn Joseph, Gary Desrosiers, Eunide Majeur Montis, Jude Montis, Cassidy Anderson, , Natalie, Champ de Mars, Hawley, Biden, “ Natalie, CNN’s AnneClaire Stapleton, Hande Atay Alam, Natalie Barr, Nikki Carvajal Organizations: CNN, Prince, US, Kansas City, US State Department, Reuters, Local carrier Sunrise, Lloyds, White, Missions, Missouri US, US National Security, State Department, US Embassy, , AP, HERO, Haiti’s National Police, Baker’s, General Hospital, Champ Locations: Haiti, American, Port, Miami, Kansas, United States, Prince, Haiti’s, Caribbean, Eric Burlison , Missouri, Missouri
CNBC Daily Open: Dow drops, Nvidia couldn't save Nasdaq
  + stars: | 2024-05-30 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Treasury yields weigh on Wall StreetThe S&P 500 snapped its three-day winning streak as Treasury yields climbed. Despite Nvidia's continued rise since its earnings report last week, the tech giant couldn't prevent the Nasdaq Composite from falling. Peltz dumps Disney stakeActivist investor Nelson Peltz has sold his entire stake in Disney, according to a person familiar with the matter.
Persons: Nvidia's, Salesforce, Nelson Peltz, Peltz, Jay Rasulo, Bob Iger, Robert Isom, Vasu Raja, Raja, Korea's Kospi, Hang Seng, CNBC's Brian Evans Organizations: New York Stock Exchange, CNBC, Nasdaq, Dow Jones, Disney, American Airlines, Treasury, Nikkei, China's CSI, Dow Locations: New York City, Disney, Asia, Pacific, Japan, South Korea, China
Boeing 737 Max 8 fuselages manufactured by Spirit Aerosystems in Wichita, Kansas are transported on a BSNF train heading west over the Bozeman Pass March 12, 2019 in Bozeman, Montana. The FAA ordered the report following a near-catastrophic blowout of an airplane door panel on a new 737 Max 9 earlier this year. The FAA also barred Boeing from increasing 737 Max production until the agency was satisfied with Boeing's quality control improvements. The crisis has again tarnished Boeing's reputation, opened it to more federal scrutiny and forced it to slow 737 Max output. Boeing Chief Financial Officer Brian West last week said the company expects to burn cash this year, instead of generating cash.
Persons: Spirit Aerosystems, Dave Calhoun, Max, Mike Whitaker, Brian West, Calhoun, , West Organizations: Boeing, Max, Spirit, Federal Aviation Administration, FAA, Alaska Airlines, United, Southwest Locations: Wichita , Kansas, Bozeman, Bozeman , Montana
Those searching for pockets of opportunities in the region can look to Goldman Sachs' selection of "alpha" stock opportunities. Goldman Sachs' list of opportunities include stocks with "deep value" and "defensive growth" characteristics. The company's shares are traded in the First Trust United Kingdom AlphaDEX Fund (1.2% weight) and Goldman Sachs ActiveBeta Europe Equity ETF (0.3%). 'Strong top-line prospects' Growth stocks the Wall Street bank is bullish on include those "with strong top-line prospects at reasonable growth-adjusted valuations." ASML: Goldman said the company has a "multi-decade competitive moat in High NA, which will be extremely difficult to replicate for the next 10-20 years at least."
Persons: Goldman Sachs, JD, Goldman, ASML, CNBC's Michael Bloom Organizations: Alpha, Sports Fashion, International Consolidated Airlines Group, ISS, First, United, AlphaDEX Fund, Equity, U.S . Global Jets ETF, NA, Euronext Amsterdam, Nasdaq Locations: U.S, Danish, Europe, Adyen
Now, ticket prices have increased, and the Parfitt family is looking at flights that cost $5,000 more than initially planned. In October, the family spent $12,093 on four business-class tickets for a January flight on Turkish Airlines. With no available Turkish Airlines flights, airline staff rebooked the Parfitt family on an Emirates flight to Denpasar with a layover in Dubai the next day. Related storiesAfter 13 calls to Turkish Airlines, Parfitt said an agent finally discovered the issue: The family had been incorrectly marked as no-shows on the second leg of their original Turkish Airlines flight. Turkish Airlines' no-show policy states that a business-semi-flexible ticket isn't automatically canceled; it "may be reused for a specified fee, no refunds."
Persons: , Justin Parfitt, Parfitt, it's, wasn't, Annabelle, hadn't, Justin Parfitt Parfitt, It's, I'm Organizations: Service, Turkish Airlines, Business, Companies, American Airlines, BI, Emirates Locations: Indonesia, France, Bali, Toulouse, Madrid, Istanbul, Denpasar, Emirates, Dubai, Turkish
Welcome to the future of aviation – at least according to the 2024 Crystal Cabin Awards. Courtesy QantasCaroline Oxley, who works for the Crystal Cabin Award Association, tells CNN Travel this year’s finalists share a “more democratic approach” to improving the passenger experience. This year’s winner of the “sustainable cabin category” was Diehl Aviation for their “ECO Sidewall” – a greener take on an airplane wall. The winners of this year’s Crystal Cabin AwardsWinner Cabin Concepts: Factorydesign, Coop. Qantas Airways Ltd “The Wellbeing Zone”Winner IFEC and Digital Services: Thales Avionics “FlytEdge”Winner Sustainable Cabin: Diehl Aviation “ECO Sidewall”University winners: Tongji University, Coop.
Persons: whittling, Diehl, Qantas Caroline Oxley, Oxley, AirPRO, DesignBüro Stühmer, Scholz, intriguingly, Crystal, BermudAir, theCUBE, Dupont “ Organizations: CNN, Germany CNN, Aircraft, Diehl Aviation, Qantas, Accenture, Schroth Safety, , Tongji University, University of Sao, Embraer, Sao Paolo, University of Virginia Tech, Boeing, Collins Aerospace, Wheelchair, Safety, Coop, Qantas Airways Ltd, Digital Services, Thales Avionics “ FlytEdge, Aviation, Sidewall ” University Locations: Hamburg, Germany, Sydney, London, New York, Shanghai, University of Sao Paulo, Brazil, Coop
American Airlines planes sit at the gate at Los Angeles International Airport (LAX) in Los Angeles, California, on July 26, 2023. Isom said American is weighing changes to a plan Raja led to drive direct bookings at the airline in lieu of third-party sites and travel agencies, a strategy that included gutting the airline's sales department. The changes angered some travel agencies who weren't able to access some of the carrier's fares as before, making it harder for some agencies to sell tickets on American flights. Raja said last month that the airline's corporate booking growth was coming in behind big rivals Delta and United . American in February said it would limit some travel agency bookings from being eligible to earn AAdvantage frequent flyer miles.
Persons: Robert Isom, Vasu Raja, Isom, Raja, We've, We're Organizations: Airlines, Los Angeles International Airport, American Airlines, Delta Locations: Los Angeles , California
Three Black men have accused American Airlines of “blatant race discrimination” over its temporary removal of them and five other men from a Jan. 5 flight from Phoenix to New York, in a federal lawsuit filed on Wednesday. The men said they were seated on a plane at Phoenix Sky Harbor International Airport when an airline employee went row by row asking them to get off the plane. As they exited, the passengers noticed that all the Black men on the flight, eight in total, appeared to have been removed. An American representative told the men at the time that the complaint had come from a white flight attendant. When one described the removal from the plane as discriminatory, an American employee said, “I agree, I agree,” according to a cellphone recording that was shared with The New York Times.
Persons: Organizations: American Airlines, Sky Harbor International, Public Citizen, The New York Times Locations: Phoenix, New York, American
CNN —A lawsuit filed Wednesday on behalf of three Black men alleges “blatant and egregious race discrimination” by American Airlines when they were removed from a flight. An American Airlines representative approached each of the men before takeoff, the complaint said, ordering them off the plane. “(O)nce they reached the jet bridge, they saw that several other Black men were also being removed from the plane. In fact, it appeared to Plaintiffs that American had ordered all of the Black male passengers on Flight 832 off the plane,” the complaint reads. American representatives told the men a complaint about body odor had prompted their removal, according to the suit.
Persons: Alvin Jackson, Emmanuel Jean Joseph, Xavier Veal –, , , Y’all, “ Plaintiffs Organizations: CNN, American Airlines, American, Cell, Airlines, NAACP Locations: Phoenix, JFK, New York City
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
I recently flew four hours from New York to Texas on a Delta Air Lines Airbus A220 in economy. The smaller aircraft has Delta's usual seatback screens, power, and WiFi but fewer middle seats. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDelta Air Lines has always been my go-to carrier. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Delta Air Lines Airbus, Service, Air Lines, Business Locations: New York, Texas, Atlanta, New York City
American Airlines slashed its revenue and margin outlook for Q2 2024 on Tuesday. American's CEO said part of its struggles is due to recent changes in ticket sales strategy. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Speaking at an event on Wednesday, CEO Robert Isom said the lower earnings guidance can be attributed to a weaker-than-expected marketplace and the airline's weaker-than-expected performance. A key factor behind lower bookings is the airline's recent changes to ticket sales strategy, Isom said.
Persons: Vasu Raja, American's, , Robert Isom, Isom Organizations: Airlines, Service, Business
ConocoPhillips , Marathon Oil : Conoco shares fell 3% after the company said it planned to buy Marathon Oil in a deal $17.1 billion all-stock transaction. "Conoco is a very, very good company," Jim Cramer said, though he wondered whether U.S. antitrust regulators may heavily scrutinize the tie-up. "This deal makes a ton of sense, but I would buy Conoco over Marathon here." "Now, the can't-last theory is so stupid because what that says is, without doing any work, that stock can't be up 100%. "Cava is a great company," Cramer said.
Persons: Jim Cramer's, Jim Cramer, Cramer, Abercrombie, Fran Horowitz, she's, I'm Organizations: CNBC, Club, ConocoPhillips, Marathon, Airlines, Fitch Locations: Marathon, Texas
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The Dow Jones Industrial Average fell more than 200 points after hawkish comments from Minneapolis Federal Reserve President Neel Kashkari. Fed's Kashkari seeks more inflation dataThe Federal Reserve should wait for significant progress on inflation before cutting interest rates, Kashkari told CNBC on Tuesday. GameStop soarsShares of GameStop jumped more than 20% after the video game retailer announced it raised $933 million from a share offering. [PRO] Riding the AI boomCNBC's Todd Gordon analyzes a cybersecurity company that could benefit from investor enthusiasm for artificial intelligence-related stocks.
Persons: Neel Kashkari, Fed's Kashkari, Kashkari, Vasu Raja, Raja, Korea's, Hang Seng, Todd Gordon Organizations: CNBC, Nasdaq, Nvidia, Dow Jones, Minneapolis Federal, Federal, American Airlines, GameStop, Japan's Nikkei, China's CSI, International Monetary Fund Locations: Minneapolis, Asia, Pacific
Signage is seen outside of a Walgreens, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021. Walgreens announced Wednesday it would continue to cut prices on some 1,300 items — the latest company to pivot to value amid signs U.S. consumers are experiencing spending fatigue. "Walgreens understands our customers are under financial strain and struggle to purchase everyday essentials," said Tracey D. Brown, EVP, President, Walgreens Retail & Chief Customer Officer. Lower-income consumers have been cutting back more substantially. Meanwhile, other areas of the economy more closely tied to wealthier consumers continue to outperform, especially travel.
Persons: Tracey D, Brown, we've, Ramon Laguarta, Jamie Baker Organizations: Walgreens, Walgreens Boots Alliance, Inc, Walgreens Retail, Target, Walmart, Conference Board, PepsiCo, American Airlines, JPMorgan Locations: Manhattan , New York City, U.S
6:27 a.m.: UBS hikes First Solar price target, sees 25% upside There's a rosy outlook ahead for First Solar , according to UBS. Analyst Jon Windham cited a more supportive pricing environment as one reason for the price target change. The investment bank upgraded the airline to buy from hold, lifting its price target to $65 from $54. — Lisa Kailai Han 5:41 a.m.: Bank of America reiterates Apple as a top pick Apple shares could get a boost as consumers upgrade to AI-enabled phones, according to Bank of America. Analyst Wamsi Mohan reiterated his view that Apple is a top pick, maintaining his buy rating and price target of $230.
Persons: Jon Windham, Windham, Lisa Kailai Han, Scott Gruber, Gruber, LBRT, — Lisa Kailai Han, Morgan Stanley, SLB, Daniel Kutz, Kutz, Jefferies, Sheila Kahyaoglu, Kahyaoglu, Wamsi Mohan, Mohan, Fred Imbert Organizations: CNBC, United Airlines, Apple, United, Jefferies, Bank of America, UBS, Citi, Liberty Energy, of Liberty Energy, Nvidia Locations: Tuesday's, OFS, United
A person died on Wednesday after they “ended up” inside a running plane engine at Schiphol Airport in Amsterdam, officials said, although the circumstances of the person’s death remained unclear. KLM Royal Dutch Airlines, the flag carrier of the Netherlands, said in a statement that the episode involved its Flight KL1341, which had been scheduled to take off for Billund, Denmark. “We are currently taking care of the passengers and employees who witnessed the incident at Schiphol,” the airline said. It was unclear whether the person who died, whose name had not been made public, entered the plane’s engine or whether they were pulled into it. KLM did not say whether the person who died was an airline employee or airport worker.
Persons: Organizations: Schiphol, KLM Royal Dutch Airlines, KLM Locations: Amsterdam, Netherlands, Billund, Denmark, Schiphol
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Nasdaq hits record in muted tradeThe Nasdaq Composite closed above 17,000 for the first time, driven by a surge in Nvidia shares, in an otherwise lackluster day for the market. The yield on the 10-year Treasury note rose following a $70 billion Treasury Department auction of 5-year notes that met with weak demand. T-Mobile plans to use U.S. Cellular's wireless spectrum to improve coverage in rural areas.
Persons: Neel Kashkari, Vasu Raja, Raja, Ryan Salame, Sam Bankman, Salame, Todd Gordon Organizations: CNBC, Nasdaq, Nvidia, Dow Jones, Minneapolis Federal, . American Airlines, American Airlines, Mobile, U.S, Cellular, U.S . Cellular, GameStop, Commission
Bette Nash, whose nearly seven decades of serving airline passengers aboard the Washington-to-Boston shuttle earned the route the nickname the Nash Dash and won her a spot in Guinness World Records as the longest-serving flight attendant in history, died on May 17. Ms. Nash never officially retired, and her death, from breast cancer, was announced on Saturday by her employer, American Airlines. She lived in Manassas, Va.Ms. Nash entered service with Eastern Air Lines in November 1957, at the dawn of the jet age. Dwight D. Eisenhower was president, “I Love Lucy” was on TV and even short domestic flights were still a glamorous adventure. Wearing white gloves, heels and a pillbox hat, Ms. Nash served lobster and champagne, carved roast beef by request and passed out after-dinner cigarettes.
Persons: Bette Nash, Nash, Dwight D, Eisenhower, , Lucy ” Organizations: Boston, Guinness World Records, American Airlines, Eastern Air Lines Locations: Washington, Manassas, Va
He’s spent his twenties – all five years of them so far – perfecting his vision for economy class dual-level seating. At 6 feet 2 inches (1.88 meters), Núñez Vicente was used to cramped airplane journeys in which he struggled for legroom and struggled to sleep. He imagines the Chaise Longue seats in the middle of each cabin, flanked by regular seating on either side. Testing out the conceptHere's the lower level of the business-class/first-class version of the dual-level seat concept. Here's Núñez Vicente demonstrating what it's like to lie flat in the lower level seat.
Persons: Germany CNN —, Alejandro Núñez Vicente, He’s, he’s, Núñez Vicente, , , Francesca, Steve Jobs, Núñez Vicente won’t, Clara Service Soto, – they’re, Recaro, Safran, Longue, Tapis –, Nunez Vicente, Service Soto, It’s, Francesca Street, you’re, Here's Núñez Vicente, you’d, There’s, Clara, CNN “, ” Núñez Vicente, Vicente, he’ll Organizations: CNN, Germany CNN, CNN Travel, Aircraft, CNN Travel exclusives, Service, legroom, Singapore Airlines ’, AIX, Clara Service Locations: Hamburg, Germany, , , Emirates
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
Read previewA Turkish Airlines flight attendant has broken her back after the plane she was on hit turbulence, local media reported. The turbulence hit while the plane was flying over Turkey, Dublin Airport told Business Insider. AdvertisementIt isn't clear if the patch of turbulence hit by the Qatar plane was the same as that which impacted the Turkish Airlines flight. AdvertisementSevere turbulence dislodged oxygen masks and caused injuries to dozens of passengers on Singapore Airlines flight SQ321. Instances of severe injuries linked to turbulence remain rare, with around a dozen people a year badly hurt due to turbulence in the US, according to the FAA.
Persons: , Geoff Kitchen, Stringer, Emma Henderson Organizations: Service, Turkish Airlines, Airbus, Turkey's, Business, Hurriyet, Qatar Airways, Dublin, Dublin Airport, Singapore Airlines, Reuters, Associated Press, FAA, UK's University of Reading Locations: Turkey's, Istanbul, Izmir, Doha, Turkey, Qatar
A family was removed from a flight over their daughter's peanut allergy. Cabin crew refused to ask other passengers not to eat nuts, so the family made their own announcement. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA family was kicked off a flight for orchestrating an announcement over their daughter's peanut allergy, according to multiple reports. Palmer's daughter, Rosie, has a severe peanut allergy that can result in a potentially fatal anaphylactic reaction, she told the outlet.
Persons: , Georgie Palmer, SunExpress, Rosie Organizations: Airlines, Service, Business Locations: London, Dalaman, Turkey
CNN —If you’ve flown this weekend or are hopping on a flight today, it’s likely you’re making history. Passenger traffic at US airports is on pace to make this Memorial Day weekend the busiest on record, according to Transportation Security Administration screening data. 1 screening day in TSA history) and Thursday (2.897 million, No. What’s amounting to be a blockbuster Memorial Day weekend could be a precursor to a chart-busting summer of travel. Five of the top 10 busiest travel days in the TSA’s 22-year history have occurred in the past two weeks alone.
Persons: , ” Regina Boateng, aren’t Organizations: CNN, Transportation Security Administration, TSA, AAA
I was on JetBlue's inaugural flight from New York City to Edinburgh. I spent the six-hour trip in its business class "apartment," called the "Mint Studio." The front row of business class, the Mint Studio is JetBlue's most spacious option, with prices from around $4,000. Business Insider paid a press rate of $1,300, including a return flight in the airline's "Even More Space" economy section. This story is available exclusively to Business Insider subscribers.
Persons: Organizations: Service, JetBlue, Mint, Business Locations: New York City, Edinburgh, Scotland
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