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This story is part of CNBC Make It's Ditching the Degree series, where women who have built six-figure careers without a bachelor's degree reveal the secrets of their success. "At that point, I was like, 'Well, how far can I go without a bachelor's degree?'" Ansley says this proactive approach to her professional growth and networking helped her transition from marketing to product management. While some companies prefer product managers to have a bachelor's degree in business management, supply chain management or a related field, it isn't always required. Why product management is a 'great career' for someone without a degree
Persons: Ansley, Kami Smith, isn't, Smith Organizations: CNBC, Tillotson University, University of Texas, Texas Windstorm Insurance Locations: AskMakeIt@cnbc.com, Austin , Texas, San Antonio, Texas, Houston, BMF, Austin, South, Austin .
New York CNN —The grounding of the 737 Max 9 after a January 5 incident that blew a hole in the side of an Alaska Airlines plane earlier this month will cost the airline about $150 million, Alaska announced Thursday. The door plug blew off an Alaska Airlines flight on January 5, leaving a gaping hole in the side of the plane. While no passengers were killed, the incident led the Federal Aviation Administration to order a grounding of all 737 Max 9 jets. Alaska Airlines CEO Ben Minicucci told NBC in an interview Tuesday that the carrier found “some loose bolts on many” Boeing 737 Max 9 during its inspections. Alaska and United are the only US airlines with the 737 Max 9 jet in their fleets.
Persons: Max, Ben Minicucci, , , Robert Isom, It’s Organizations: New, New York CNN, Alaska Airlines, Federal Aviation Administration, FAA, Alaska Air, NBC, Boeing, Max, Refinitiv, Southwest Airlines, American, CNBC Locations: New York, Alaska, United
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouthwest Airlines CEO Bob Jordan: Boeing being a better company is 'really good' for usCNBC’s Phil LeBeau and Southwest Airlines CEO Bob Jordan join 'Squawk on the Street' to discuss the company's quarterly earnings results, 2024 outlook, Boeing's quality control issues, and more.
Persons: Bob Jordan, Phil LeBeau Organizations: Southwest, Boeing, Southwest Airlines
Southwest Airlines beats on top and bottom lines
  + stars: | 2024-01-25 | 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 EmailSouthwest Airlines beats on top and bottom linesCNBC's Phil LeBeau joins 'Squawk Box' to break down the airline's quarterly earnings results.
Persons: Phil LeBeau Organizations: Airlines
American Airlines posts narrow fourth-quarter profit
  + stars: | 2024-01-25 | by ( Laya Neelakandan | ) www.cnbc.com   time to read: +2 min
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. American Airlines on Thursday posted a $19 million profit for the last three months of 2023, topping Wall Street estimates on the top and bottom lines. 29 cents adjusted vs. 10 cents per share expected. For the last three months of 2023, American Airlines reported net income of $19 million, down from $803 million the year prior. "The American Airlines team produced an exceptionally strong performance in 2023," CEO Robert Isom said in a statement Thursday.
Persons: Robert Isom Organizations: Boeing, American Airlines, LSEG, Revenue, United Airlines, Max, Federal Aviation Administration, Alaska Airlines Locations: Barcelona, Southwest, Alaska
In today's big story, we're looking at Microsoft notching another big win by briefly reaching a $3 trillion valuation. It's an impressive run for a company often viewed as the least sexy in Big Tech. 3 things in marketsInstagram/grandmabetty33The stock market is looking gray, and that's a bad thing. A famed economist said you shouldn't confuse a booming stock market with a strong economy. Nobel economist Paul Krugman recently wrote about how consumers feel too optimistic about the economy due to the current stock market rally.
Persons: , Ethan Miller, Phil Rosen, OpenAI, Ashley Stewart, Tim Matsui, Ashley, That's, it's, It'll, aren't, We're, Taylor, Paul Krugman, Patrick Pleul, Mark Zuckerberg, Marc Benioff chatted, Brad Barket, Jon Stewart, Stewart, Trevor Noah, Donald Trump, Jean Carroll's Organizations: Service, Microsoft, Apple, Amazon, Big, Rosenberg Research, AP Tesla, EV, Microsoft Windows, Walmart, Comedy Central, Bank of America, Intel, Visa, Southwest Airlines, Comcast Locations: Big Tech
"Burgeoning extortion has not grabbed the headlines, but it's been the all-the-more corrosive fallout of a security strategy that never merited the label," said Falko Ernst, a senior analyst at the International Crisis Group. Lopez Obrador denies his strategy has fed impunity, but said after the villagers' bloody takedown of extortionists in Texcapilla, some 75 miles (120 km) southwest of Mexico City, that Mexico must fight the problem. Security frequently tops polls of voters' chief concerns ahead of the June 2 presidential election to succeed Lopez Obrador, who under Mexican law cannot run again. Sheinbaum has defended the administration, while also pledging "zero impunity" and highlighting her own record on security in Mexico City, where murders fell far more sharply. A recent study by a Mexican Senate think tank said Mexico suffers some 13,000 acts of extortion daily.
Persons: Dave Graham MEXICO, Andres Manuel Lopez Obrador, Lopez, it's, Falko Ernst, Lopez Obrador, abrazos, Lopez Obrador's, Mexico City Mayor Claudia Sheinbaum, Sheinbaum, Ernst, Mexico's, extortioners, Carlos Heredia, Dave Graham, Lizbeth Diaz, Alistair Bell Organizations: Dave Graham MEXICO CITY, Crisis, Mexico City Mayor, Army Locations: Texcapilla, Mexico City, Mexico, Mexican
Southwest also said Thursday that it expects to receive fewer new planes than it expected this year because of ongoing production problems at Boeing. American said Thursday that it earned $19 million in the fourth quarter, down from $803 million a year earlier. Analysts expected American Airlines Group Inc. to earn 11 cents per share, according to a FactSet survey. Wall Street expected Southwest Airlines Co. to earn 12 cents per share. Earlier this week, United said it expects to lose money in the first quarter because of the grounding.
Persons: Max, United Organizations: DALLAS, American Airlines, Southwest Airlines, Southwest, Boeing, American Airlines Group Inc, Revenue, Southwest Airlines Co, Dallas, Max, Federal Aviation Administration, United Locations: Fort Worth , Texas, Southwest, Alaska
Read previewAlaska Airlines said Thursday that the grounding of its Boeing 737 Max 9 jetliners will reduce full-year profit by $150 million and slow down the airline's planned growth. Separately on Thursday, Southwest Airlines said that it will receive six fewer new planes than it expected this year because of ongoing production problems at Boeing. American Airlines CEO Robert Isom chimed in on Thursday, calling Boeing's safety issues "unacceptable." AdvertisementAnalysts expected American Airlines Group Inc. to earn 11 cents per share, according to a FactSet survey. Alaska's $2 million loss compared with a $22 million profit a year earlier.
Persons: , Max, Robert Isom chimed Organizations: Service, Alaska Airlines, Boeing, Max, Business, United Airlines —, Southwest Airlines, Southwest, American, American Airlines Group Inc, Revenue, Southwest Airlines Co, Dallas, Alaska Air Group Inc Locations: Alaska, Oregon, Seattle, United, Fort Worth , Texas
Jose Luis MaganaFILE - Yellow crime tape blocks off an area, July 13, 2021, in Baltimore, Md. Police in Baltimore say a 6-year-old boy was stabbed to death Tuesday night, Jan. 23, 2024 in his family’s southwest Baltimore home. Investigators believe his mother’s boyfriend stabbed him multiple times in the back. Police said late Tuesday that a person of interest was in custody, but officials haven’t announced an arrest. They called the attack a “domestic-related stabbing.” (AP Photo/Jose Luis Magana, File)
Persons: Jose Luis Magana, haven’t, Organizations: Police Locations: Baltimore, Md
BAMAKO (Reuters) - More than 40 artisanal gold miners were killed in southwest Mali last week after the shaft they were working in collapsed, Mali's mines ministry said on Wednesday. Deadly accidents are frequent as artisanal miners often use old-fashioned and unregulated methods of digging. The incident in Mali occurred on Friday on a site in the Kangaba Cercle in the south-western Koulikoro Region, the mines ministry said in a statement on Tuesday that did not specify the number of deaths. A spokesperson for the ministry, Baye Coulibaly, said via telephone on Wednesday that the death toll was still provisional. According to mines ministry data, an estimated six tonnes of gold was produced in artisanal mines in Mali in 2023.
Persons: Baye Coulibaly, Coulibaly, Tiemoko Diallo, Anait Miridzhanian, Sofia Christensen, Alex Richardson Locations: BAMAKO, Mali, West Africa, Kangaba, Koulikoro Region
The authors found that groundwater levels declined between 2000 and 2022 in 71% of the 1,693 aquifer systems included in the research, with groundwater levels declining more than 0.1 meter a year in 36%, or 617, of them. Declines not universalThe study also highlighted some success stories in Bangkok, Arizona and New Mexico, where groundwater has begun to recover after interventions to better regulate water use or redirect water to replenish depleted aquifers. They found that declines in groundwater levels sped up in the first two decades of the 21st century for 30% of those aquifers, outpacing the declines recorded between 1980 and 2000. “I think it’s fair to say this global compilation of groundwater data hasn’t been done, certainly on this scale, at least to my knowledge before,” he said. “Groundwater is an incredibly important resource but one of the challenges is… because we can’t see it, it’s out of mind for most people.
Persons: , Debra Perrone, Scott Jasechko, Jasechko, ” Jasechko, Donald John MacAllister Organizations: CNN, University of California’s, Environmental, Bren School of Environmental Science, Management, University of California Santa, British Geological Survey Locations: India, United States, Soplamo, Spain, University of California Santa Barbara, Iran, Africa, South America, Asia, Bangkok , Arizona, New Mexico
MADISON, Wis. (AP) — Federal wildlife officials announced Wednesday they will consider adding 10 new species to the Endangered Species Act, including a big bumble bee that serves as a key pollinator across the United States. Fish and Wildlife Service officials said they had completed 90-day reviews of petitions to add the species to the list and determined that listing may be warranted. Fish and Wildlife Service in 2022 to include the bee on the Endangered Species List. The agency included Eastern hellbenders who live in Missouri on the Endangered Species List in 2021. More than 1,300 species are listed as either endangered or threatened in the U.S. under the Endangered Species Act.
Persons: It's Organizations: Fish, Wildlife Service, Biological Diversity, U.S . Fish, Lockes, Lockes Wildlife Management, West Virginia . Locations: MADISON, Wis, United States, U.S, Southern, Midwest, Texas, North Dakota, Florida, Queens, Oklahoma, Alabama and Mississippi, Borneo, North Carolina, Lockes Wildlife, Nye County , Nevada, Arizona, Kentucky , Tennessee, Virginia, West Virginia, West Virginia . U.S, Eastern, Missouri
CNN —The West’s recent heat-driven megadroughts are unprecedented in at least 500 years, new research shows. “Hot drought” — when extreme drought and heat occur simultaneously — has increased in severity and frequency over the last century due to human-caused climate change, according to a study published Wednesday in the journal Science Advances. While the previous study measured the length and width of the tree rings to gauge drought conditions, King’s research analyzed the density of the rings to measure how temperatures changed over time. “More dense rings mean warmer temperatures, and less dense rings mean cooler temperatures, typically,” King explained. “Water security and wildfire will become bigger problems until climate change is stopped,” said Overpeck, who was not involved with the study but has done research on hot droughts.
Persons: , Karen King, ” King, King, Jonathan Overpeck, Overpeck Organizations: CNN, University of Tennessee, University of Michigan’s School for Environment, Sustainability Locations: Knoxville, Pacific Northwest, Utah , Arizona, Colorado
A surge of unexpected waves swamped the island of Roi-Namur in the Marshall Islands on Saturday, forcing evacuations from a U.S. Military base and causing damage that could take months to repair. A video from inside a building at U.S. Army Garrison Kwajalein Atoll that circulated widely on social media showed a surge of water crashing through a set of double doors, knocking them off their hinges and upending people who were standing nearby. Another burst of water rushed through the windows, forcing the people to wade through waist-high water as furniture and vegetation floated around them. Roi-Namur is a small island about 2,300 miles southwest of Hawaii and is the second-largest island of the Kwajalein Atoll, a loop of coral reefs in the Marshall Islands.
Persons: U.S . Army Garrison Organizations: U.S, Military, U.S . Army Locations: Roi, Namur, Marshall, Hawaii, Kwajalein
US military buildings damaged by the rogue waves on Kwajalein Atoll, January 21, 2024. U.S. Army Garrison-Kwajalein AtollPhotos released by the US military showed damage to Roi-Namur infrastructure in Kwajalein Atoll, January 21, 2024. Photos released by the US military showed damage to Roi-Namur infrastructure in Kwajalein Atoll, January 21, 2024. U.S. Army Garrison-Kwajalein Atoll“The impacts of these waves are also more strongly felt across low-lying islands, which includes the Marshall Islands,” he said. Photos released by the US military showed personnel being moved from Roi-Namur island on Kwajalein Atoll, January 21, 2024.
Persons: , Drew Morgan, U.S . Army Garrison, Robert Shackelford, Shackelford, , Ronald Reagan Organizations: CNN, US Army, Marshall, Facebook, Army, U.S . Army, National Weather Service, Geological Survey, Missile Defense Command, Ronald, Ronald Reagan Ballistic Missile Defense, Department of Defense, U.S . Strategic Command Locations: Roi, Namur, Kwajalein, Republic, Atoll, Kwajalein Atoll, USAG, Marshall, Hawaii
"Until we're comfortable that the [quality assurance] system is working properly ... we're going to have boots on the ground," he said. United, which has 79 Boeing 737 Max 9 planes in its fleet, more than any other carrier, said Monday it's assuming the planes will remain grounded through the end of January. He said United is taking the larger variant, the 737 Max 10, out of its fleet plans, because of lengthy delivery delays. Those accidents involved the 737 Max 8, a smaller variant of the same aircraft family. This photo released by the National Transportation Safety Board shows the door plug from Alaska Airlines Flight 1282 on Monday, Jan. 8, 2024, in Portland, Ore. National Transportation Safety Board via AP
Persons: Michael Whitaker, Drew Angerer, , Mike Whitaker, Max, We've, Whitaker, It's, John Lovell, they've, Scott Kirby, Ben Minicucci, Stan Deal Organizations: Federal Aviation Administration, FAA, Commerce, Science, Capitol, Getty, Getty Images WASHINGTON, CNBC, Boeing, Alaska Airlines, United Airlines, National Transportation Safety Board, National Transportation, AP, Max, Airlines, NBC, Deal, Transportation Locations: Washington ,, Alaska, Portland , Oregon, Renton , Washington, Portland , Ore
Stock futures were little changed as investors readied for the fourth-quarter gross domestic product report. Futures tied to the S&P 500 and Nasdaq 100 futures flickered near the flat line. In after-hours action, electric vehicle maker Tesla slumped more than 5% after the company missed fourth-quarter estimates on the top and bottom lines. During regular trading Wednesday, a post-earnings surge in Netflix shares helped carry the S&P 500 and the Nasdaq Composite to a fifth winning day. On the earnings front, health-care giant Humana is expected to report before the bell, along with Southwest Airlines and American Airlines.
Persons: Tesla, I've, Ed Yardeni Organizations: Dow Jones Industrial, Nasdaq, IBM, Netflix, Dow Jones, Yardeni Research, Southwest Airlines, American Airlines, Intel, Mobile, Western Digital
Scores of people have died in the West African nation of Mali after an informal gold mine collapsed last week, the country’s Ministry of Mines said on Wednesday, highlighting the risks that countless artisanal miners face in one of Africa’s largest gold-producing countries. Several West African countries have experienced a new boom in informal mining, also known as artisanal mining, over the past two decades. It has provided a livelihood to thousands of people, fed trafficking routes and attracted armed groups. In northern Mali, for instance, Tuareg rebels and insurgents affiliated with Al Qaeda control mining sites. About six tons came from artisanal mining.
Persons: Seydou Traoré Organizations: country’s Ministry of Mines, Associated Press, Al Locations: West African, Mali, Bamako, Al Qaeda
American and United sat in the middle of the group, mostly losing points for cancelations, tarmac delays, and baggage mishaps. AdvertisementHere's a closer look at the best and worst airlines in the US for 2023 — and how they ranked in each category in the WSJ rankings:9. JetBlue AirwaysJetBlue Airways ranked dead last in the WSJ's annual list of best and worst US airlines for 2023. AaronP/Bauer-Griffin/GC Images via Getty Images2022 Rank: 1Delta is the best airline in the US for 2023, according to The Wall Street Journal's ranking. It was second for extreme delays, fourth for tarmac delays and mishandled baggage, and fifth for flight cancelations — its lowest finish overall.
Persons: , Delta, Allegiant, Andrew Watterson, United, Marcus Mainka, Tayfun, Mario Tama, Nicolas Economou, Robert Alexander, Tom Williams, Bauer, Griffin Organizations: Delta Air Lines, Alaska Airlines, JetBlue Airways, Service, Delta, Allegiant, Department of Transportation, — United Airlines, American Airlines, Max, Southwest Airlines, Journal ., Spirit Airlines, Frontier Airlines, Jetblue, JetBlue, Airlines, JetBlue Airways JetBlue Airways, Anadolu Agency, Getty, cancelations, Spirit Airlines Spirit Airlines, United Airlines United, American Airlines American Airlines, Southwest Airlines Southwest Airlines, Southwest, Delta Air Lines Delta Air Lines Locations: West Coast, Seattle, Alaska, New York City, New York, Southwest
China has just opened the deepest and largest underground laboratory in the world. AdvertisementChina has opened the biggest and deepest underground laboratory in the world in a bid to uncover the secrets of dark matter. That leaves us with one overarching theory; that there is another type of matter acting on the universe, or so-called dark matter. CJPL hosts the Particle and Astrophysical Xenon Experiments (PandaX) and the China Dark Matter Experiment. "There is enough replication already," he said, adding that it may be better to try to find a new approach in the hunt for dark matter.
Persons: , Gran, Ning Zhao, Juan Collar Organizations: Service, Gran Sasso National Laboratory, Nature News, Nature, Sanford Underground Research, Shanghai Jiao Tong, University of Chicago Locations: China, China's Sichuan Province, CJPL, Sichuan, Italy, , South Dakota, Shanghai, Shanghai Jiao Tong University, Illinois
Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023. United Airlines shares rose about 4% Tuesday after the company reported higher-than-expected earnings and revenue for the fourth quarter. The report kicks off a busy week of airline earnings reports, with quarterly updates from American , Southwest and Alaska all due out on Thursday. Shares of Delta, which reported fourth-quarter earnings earlier this month, were up about 2%. United shares are about flat this year but are down about 30% from its 52-week high of $58.23 recorded in July 2023.
Persons: Scott Kirby, Kirby, CNBC's Phil LeBeau Organizations: Boeing, United Airlines, Max, CNBC, Spirit Airlines, JetBlue Locations: Barcelona, Southwest, Alaska
CNN —Rescuers are racing to reach at least 47 people buried in a landslide in southwestern China on Monday, according to state media. The landslide hit the mountain village of Liangshui in Yunnan province shortly before dawn, when most residents were asleep. More than 300 rescue workers were deployed along with dozens of fire engines and earth-moving equipment, according to CCTV. One man was pulled from the rubble shortly after 11 a.m. local time, state-run news agency Xinhua reported. Much of southern China, including Yunnan, is in the middle of a cold snap, with temperatures dropping near or below freezing, according to China’s Meteorological Administration.
Organizations: CNN, CCTV, Xinhua, China’s Meteorological Administration Locations: China, Liangshui, Yunnan
A trader works on the floor at the New York Stock Exchange on Dec. 4, 2023. U.S. stock futures were flat Monday night after the Dow Jones Industrial Average surpassed 38,000 for the first time ever. S&P 500 futures rose 0.03%, while Nasdaq 100 futures gained 0.07%. In extended trading, United Airlines rose more than 6% after reporting strong fourth-quarter results. The 30-stock Dow advanced more than 100 points, or 0.4%, to hit a new record and close above 38,000 for the first time.
Persons: Russell, Cheryl Young, Johnson, Lockheed Martin Organizations: New York Stock Exchange, Dow Jones Industrial, Dow, Nasdaq, United Airlines, Boeing, Max, Alaska Airlines, United . American Airlines, Southwest Airlines, Alaska Air Group, Delta Air Lines, Nvidia, Rockefeller, Family, Procter, Gamble, Lockheed, Netflix
United Airlines on Monday forecast a first-quarter loss due to the Federal Aviation Administration's grounding of Boeing 737 Max 9 planes this month after a part blew out during an Alaska Airlines flight operated with that type of aircraft. The more common Boeing 737 Max 8, which is in fleets at United, American and Southwest , isn't affected by the grounding order. "Despite unpredictable headwinds, we delivered on our ambitious EPS target that few thought possible — and set new operational records for our customers," said United Airlines CEO Scott Kirby in an earnings release. For the full-year 2024, United forecast adjusted earnings of between $9 and $11 a share, within analysts' estimates. ET on Tuesday when they are likely to face questions about compensation from Boeing for the grounding.
Persons: United, Scott Kirby Organizations: Airlines, Federal Aviation, Boeing, Max, Alaska Airlines, United, LSEG, United Airlines, CNBC PRO Locations: Alaska
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