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When Mark Capps, 54, fell asleep several hours later, and Acuff and her mother Tara Capps, Mark Capps' wife, were able to leave the house and file a police report. Police later shot and killed Mark Capps when he pointed a gun at an officer after they tried to arrest him at his home. In a video call with Jeff Capps three weeks earlier, Mark Capps had put a gun to his own head. Meanwhile, Colleen Walters, who was a family friend, spoke with Mark Capps the day before his death. In the hours before Mark Capps began threatening his family, he had been drinking and taking pills, Tara Capps and Acuff told investigators.
Persons: Mark Capps, Zachery Silva, McKenzie Acuff, Silva, Acuff, Tara Capps, Jan, Jeff Capps, Juanita Copeland, Tracey West, Colleen Walters, Walters, Josh Swift, ” Swift, Swift, , David Dyer, , Dyer, Capps, Glenn Funk, Josh DeVine Organizations: Tennessee Bureau of, Police, American Foundation for Suicide Prevention, Associated Press, Partners, Mental Health Cooperative, Metro Nashville Police, Tennessee Bureau, Investigation, AP Locations: Tenn, Tennessee, Nashville
Sept 6 (Reuters) - Four former U.S. Navy officers charged in a massive bribery scandal linked to the man known as Fat Leonard were cleared of felony charges on Wednesday by a judge citing prosecutor misconduct. After the felony charges were cleared, the four former officers each pleaded guilty to a misdemeanor with only a $100 fine as punishment, court documents show. Three of the four former officers - David Newland, James Dolan and Mario Herrera - each admitted to disclosing Navy information to the Malaysian businessman at the center the scandal, Leonard Glenn Francis, known as "Fat Leonard." Prosecutors said that in exchange for contracts, Francis gave Navy officers cash, gourmet food, expensive cigars, rare cognac and hotel sex parties. In 2015 Leonard pleaded guilty to bribing Navy officials through his Singapore-based company, Glenn Defense Marine Asia, which serviced ships in the Navy's Pacific Fleet.
Persons: Leonard, Judge Janis Sammartino, Andrew Haden, Haden, David Newland, James Dolan, Mario Herrera, Leonard Glenn Francis, Francis, Daniel Trotta, Donna Bryson, Leslie Adler Organizations: U.S . Navy, U.S, San Diego Union, Tribune, Union - Tribune, Navy, U.S . Department of Justice, Justice Department, Acting, Justice, Prosecutors, Glenn Defense Marine Asia, Fleet, Thomson Locations: U.S, Malaysian, United States, Venezuela, Singapore
International travel reached around 90% of pre-pandemic levels this year, according to the International Air Transport Association. Those trends lifted quarterly earnings of travel companies, with cruise operators like Royal Caribbean (RCL.N) reporting record results in recent weeks. Ticket prices, which in some cases have increased by double-digit percentages since the pandemic, are unlikely to plummet. She expects air fares on long-haul international routes to remain high until supply outpaces pre-pandemic levels, demand normalizes and jet fuel prices decline further. International inbound vs outbound in the U.S this yearAverage domestic airfare is currently $246 round-trip, down 8% from 2022, according to travel booking app Hopper.
Persons: Dan McKone, Amadeus, Jozsef Varadi, Hayley Berg, Hopper, that's, Glenn Fogel, Kathleen Oberg, Joanna Plucinska, Rajesh Kumar Singh, Doyinsola, David Gaffen, Matthew Lewis Organizations: International Air Transport Association, Consulting, Royal, Booking Holdings, Marriott, Lufthansa LHAG.DE, United Airlines, Wizz, Reuters, Holdings, International, U.S . National Travel, Tourism Office, British Airways, IAG, Thomson Locations: CHICAGO, Southern Europe, Britain, France, United States, Germany, Singapore, Royal Caribbean, Manila, Hong Kong, Taipei, Tokyo, Europe, Asia, COVID, U.S, Canada, London, Chicago, New York, Bengaluru
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBooking Holdings CEO on blowout Q2 earnings: Not seeing any signs of travel demand slowdownGlenn Fogel, Booking Holdings CEO, joins 'Squawk Box' to discuss the company's quarterly earnings results, with earnings coming in at 30% above expectations and revenue nearly 6% above expectations, the state of travel demand, and more.
Persons: Glenn Fogel Organizations: Booking, Booking Holdings
Aug 3 (Reuters) - Booking Holdings (BKNG.O) on Thursday raised its forecast for third-quarter gross bookings as pent-up demand for travel outweighed rising costs and concerns around an uncertain economy, sending its shares up 10.25% in extended trading. It now expects gross bookings, which refers to the total dollar value of all travel services booked by customers, to grow slightly more than 20%, up from previous expectations of low-teens growth. Room nights booked for the quarter ended June rose 9% from last year, while gross travel bookings jumped 15%. Alternative accommodation nights grew faster than traditional hotel nights for Booking, at about 11% in the second quarter. Booking's revenue rose 27% to $5.46 billion, compared with analysts' expectations of $5.17 billion, according to Refinitiv data.
Persons: Glenn Fogel, Fogel, Priyamvada, Ananta Agarwal, Devika Organizations: Booking Holdings, Hilton Worldwide Holdings, Wall, Thomson Locations: U.S, Europe, Asia, Bengaluru
July 27 (Reuters) - Randy Meisner, a co-founder of the Eagles who sang lead on the 1975 hit "Take It to the Limit," died on Wednesday of complications from lung disease, the band said on its website on Thursday. "The whole thing started to end when we started taking separate limos," Meisner told Rolling Stone magazine. "I liked to be out of the spotlight," Meisner said, according to Rolling Stone. Years later, Meisner said he asked to sit in with the band for a show in Los Angeles but was denied, he told Rolling Stone in 2008. Before the Eagles, he placed bass for Poco, and was also bassist and vocalist with Rick Nelson's Stone Canyon Band.
Persons: Randy Meisner, Meisner, Glenn Frey, Don Henley, Bernie Leadon, Leadon, Joe Walsh, Timothy B, Rolling, Stone, Glenn, Rick Nelson's, Daniel Trotta, Diane Craft Organizations: Eagles, Hall of Fame, Rolling Stone, Stone, Thomson Locations: California, Scotts Bluff , Nebraska, Knoxville, Los Angeles
Randy Meisner, a founding member of the Eagles whose broad vocal range on songs like “Take It to the Limit” helped catapult the rock band to international fame, died on Wednesday at a hospital in Los Angeles. The cause was complications of chronic obstructive pulmonary disease, the band said on its website. “Randy was an integral part of the Eagles and instrumental in the early success of the band,” the group said. Mr. Meisner, the band’s original bass player, helped form the Eagles in 1971 along with Glenn Frey, Don Henley and Bernie Leadon. It topped the Billboard Hot 100 in 1977 and won a Grammy Award for record of the year in 1978.
Persons: Randy Meisner, “ Randy, Meisner, Glenn Frey, Don Henley, Bernie Leadon Organizations: Eagles Locations: Los Angeles, “ Hotel California, Hotel California
CNN —Randy Meisner, who was a co-founding member of legendary rock band the Eagles and served as a bassist and vocalist, has died, according to an announcement on the band’s official site. “The Eagles are sad to report that founding member, bassist, and vocalist, Randy Meisner, passed away last night (July 26) in Los Angeles at age 77, due to complications from Chronic Obstructive Pulmonary disease (COPD),” the statement, posted on Thursday, read. “Randy was an integral part of the Eagles and instrumental in the early success of the band. His vocal range was astonishing, as is evident on his signature ballad, ‘Take It to the Limit,’” said the Eagles. Meisner’s musical career began with Rick Nelson’s Stone Canyon Band as their vocalist and bassist.
Persons: Randy Meisner, “ Randy, ’ ”, Rick Nelson’s, Glenn Frey, Don Henley, Bernie Leadon, Meisner Organizations: CNN, Eagles, , “ Eagles, Hall of Fame Locations: Los Angeles, “ Hotel California
[1/3] NASA's next-generation moon rocket, the Space Launch System (SLS) rocket with its Orion crew capsule perched on top, is shown on its launch pad as it is prepared for launch in Cape Canaveral, Florida, U.S. November 12, 2022. NASA's SLS vision has its skeptics. NASA currently manages SLS production, with Boeing and Northrop its top contractors, each having contracts under which the space agency bears any delay costs. Boeing and Northrop executives have declined to discuss plans for cutting SLS costs under the proposed commercial contract. Boeing has said the SLS program has created 28,000 jobs.
Persons: Joe Skipper, Colonel Douglas Pentecost, Glenn, Jeff Bezos's, Cristina, Jim Free, Artemis, Amit Kshatriya, Kshatriya, Joey Roulette, Will Dunham, Ben Klayman Organizations: Orion, REUTERS, WASHINGTON, Boeing, Northrop Grumman, Pentagon, Northrup, U.S . Department of Defense, DoD, U.S, military's Space Force, NASA, SLS, Elon Musk's SpaceX, Office, U.S . Congress, Northrop, Artemis, Space, Reuters, Thomson Locations: Cape Canaveral , Florida, U.S, Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBooking Holdings CEO Glenn Fogel: Consumers aren't shortening stays or downgrading their hotelGlenn Fogel, Booking Holdings CEO, joins 'Squawk on the Street' to discuss the company's strong travel demand despite economic uncertainty.
Booking Holdings beats profit estimates on strong travel demand
  + stars: | 2023-05-04 | by ( ) www.reuters.com   time to read: +1 min
May 4 (Reuters) - Booking Holdings Inc (BKNG.O) reported a better-than-expected profit for the first quarter on Thursday, as the online travel agency benefited from pent-up demand that drove consumers to book flights and hotels despite worries of an imminent recession. While experts in the industry largely remain confident about demand in the near-term, high inflation and concerns around a potential slowdown, however, threaten consumer spending. Last month, U.S. hotel operator Hilton Worldwide Holdings Inc (HLT.N) signaled signs of travel demand weakening in the second half of the year after it raised its full-year profit outlook. Booking reported an adjusted profit of $11.60 per share in the quarter ended March 31, compared to analysts' estimate of $10.61 per share, as per Refinitiv data. Reporting by Priyamvada C and Aishwarya Nair in Bengaluru; Editing by Maju Samuel and Shailesh KuberOur Standards: The Thomson Reuters Trust Principles.
Already, generative AI is being experimented with inside the travel sector, albeit with mixed results. "Travel is fundamentally about connecting people and communities, and that human connection will always play a crucial role in the travel experience," Fogel said. It described ChatGPT "as a virtual travel assistant," allowing for more conversational interactions with Kayak's search engine. There may be not better example today of travel plan disruption than the airport experience. Breed predicts that at least some of the anxiety can be eliminated or mitigated by focused use of AI and generative AI tools like ChatGPT.
Travel is showing no signs of cooling off this summer, as both demand and prices are expected to stay high. "There's still a lot of pent of demand going back to the pandemic," Booking Holdings CEO Glenn Fogel said on "Squawk on the Street" last week. He also pointed to the TSA checkpoint travel numbers, which are now within a few percentage points compared to the number of travelers seen in 2019. That demand has kept prices high, Fogel said, noting recent trips he's taken. "[Consumers] have gone three years without having the experiences they want, including last summer," Delta Airlines CEO Ed Bastian said on "Squawk Box" earlier this week.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's resiliency in the desire for people to travel, says Booking Holdings CEOGlenn Fogel, Booking Holdings CEO joins 'Squawk on the Street' to discuss his thoughts on the future of the company.
If your paranoia has lost its edge, “Rabbit Hole” might be just the multi-episodic whetstone you need. The atmosphere of the eight-part season 1, created by Glenn Ficarra and John Requa , is a mix of good-natured dread with a dash of cynicism, and though I wouldn’t say this in most instances, Mr. Sutherland is perfectly cast. He has an actorly capacity for epic arrogance and his character, John Weir , is nothing if not smug, even in the face of daunting assignments or federal authorities—whom he assures he is not engaged in corporate espionage. “Manipulating people, influencing markets is what then?” asks beleaguered FBI Financial Crimes Unit investigator Jo Madi (Enid Graham, “Mare of Easttown”). Replies the smirking Weir: “Consulting.”
Jeffrey Epstein's death in a federal jail was seen as a shocking Justice Department failure. But more than three years later, the office still hasn't released its report into the circumstances of Epstein's death. "We all took it by surprise," Mark Epstein told Insider. Barr tasked the Justice Department's inspector general, Michael Horowitz, and the FBI with investigating "​​the circumstances of Mr. Epstein's death." Mark Epstein told Insider that he spoke to his brother about once a month in the years before his death.
As investors weigh the possibility of a U.S. recession or a soft landing, there are certain stocks that should outperform in either scenario, according to Evercore ISI. However, Evercore ISI is among those on Wall Street that have a base-case scenario of a recession in the second half of the year. The other is what he calls " valmentum stocks " — value stocks with momentum — that have high free-cash-flow yield and strong earnings-per-share momentum, he added. Booking Holdings is one of Evercore ISI's valmentum stocks and could rally about 15% from Friday's close, according to the firm's price target of $3,000. Wynn is up more than 40% year to date, while Las Vegas Sands stock has gained more than 26%.
Nearly 40% of Americans moving say climate concerns have influenced their decision, said Redfin. Have you moved states over concerns about the climate crisis? We want to hear from you: Have you moved over concerns about the climate crisis? Tell us in this form how the climate crisis is affecting you and where you live. An estimated 30 million Americans moved between March 2021 and March 2022, according to a Brookings Institution analysis of the latest available US Census Bureau data.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBooking Holdings CEO Glenn Fogel: Hotel pricing is high, but consumers aren't trading downBooking Holdings CEO Glenn Fogel joins 'Squawk Box' to discuss how long the post-pandemic travel boom continues, what he is seeing from hotel pricing, and more.
NEW YORK, Feb 24 (Reuters) - Fears of recession and the impact of inflation on consumer budgets could curb a rebound in travel demand reported by U.S. travel companies in the fourth quarter, although bookings are holding up so far this year, analysts said. U.S. travel spending in December 2022 totaled $97 billion, 3% above 2019 levels and 7% above 2021 levels, according to the U.S. Travel Association. The demand contrasts with declining home improvement sales and other discretionary purchases that have hurt furniture stores and retailers like Home Depot. International travel spurred demand growth for Airbnb and Marriott International Inc (MAR.O) in the fourth quarter. Group bookings are still down 15% compared to pre-pandemic levels, while headwinds in several industries continue to affect business travel, said Truist's Scholes.
NEW YORK, Feb 23 (Reuters) - Online travel agency Booking Holdings Inc (BKNG.O) reported a 36% year-over-year increase in fourth-quarter revenue on Thursday, aided by sustained travel demand. The Booking.com and KAYAK operator's revenue rose to $4 billion for the quarter, exceeding Wall Street's estimates for $3.89 billion in revenue, according to Refinitiv data. Gross bookings for the quarter rose 44% from the year-ago period to $27.3 billion, the company said. Booking Holdings said gross travel bookings for fiscal year 2022 increased 58% to $121.3 billion. Other U.S. travel companies including Booking's peer, vacation rental Airbnb Inc (ABNB.O), also reported strong fourth quarter results on sustained travel demand, despite economic concerns.
The Keys are also the first flock of canaries in the coal mine of climate change. The hurricane made undeniable what previous floods had only suggested: that climate change will someday make life in the archipelago impossible to sustain. The decision to leave, on the other hand, which once signified surrender, now looks more like acceptance of the inevitable. It's this messiness that is reflected in the word "displacement": the migratory shifts caused by climate change are as chaotic as the weather events that cause them. This is an excerpt adapted from THE GREAT DISPLACEMENT: Climate Change and the Next American Migration by Jake Bittle.
WASHINGTON, Feb 9 (Reuters) - Blue Origin, the private space company founded by billionaire Jeff Bezos, was awarded its first interplanetary NASA contract on Thursday to launch a mission next year to study the magnetic field around Mars, the U.S. space agency and company said. Blue Origin has flown previous NASA missions with its smaller, suborbital New Shepard rocket, which can carry research payloads on short, microgravity trips to the edge of space and back. Blue Origin, known for its astro-tourism business for wealthy customers and celebrities, is one of 13 firms NASA chose last year for its Venture-class Acquisition of Dedicated and Rideshare missions (VADR) program. VADR essentially is intended to spur private development of private space launch vehicles by assigning lower-cost NASA science missions to new rockets with an unproven record and higher chance of failure. Blue Origin also declined to discuss financial details.
WASHINGTON, Feb 9 (Reuters) - Blue Origin, the private space company founded by billionaire Jeff Bezos, was awarded its first interplanetary NASA contract on Thursday to launch a mission next year to study the magnetic field around Mars, the U.S. space agency and company said. Blue Origin has flown previous NASA missions with its smaller, suborbital New Shepard rocket, which can carry research payloads on short, microgravity trips to the edge of space and back. Blue Origin, known for its astro-tourism business for wealthy customers and celebrities, is one of 13 firms NASA chose last year for its Venture-class Acquisition of Dedicated and Rideshare missions (VADR) program. VADR essentially is intended to spur private development of private space launch vehicles by assigning lower-cost NASA science missions to new rockets with an unproven record and higher chance of failure. Blue Origin also declined to discuss financial details.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAirlines are trying hard as they can to get things back: Booking Holdings CEOBooking Holdings CEO Glenn Fogel joins CNBC’s ‘Squawk on the Street’ to discuss the recent massive flight cancellations' impact on the travel industry. Southwest Airlines canceled more than 2,500 flights on Wednesday, causing enormous outrage from travelers.
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