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The Portland, Oregon-based Uber and Lyft driver had been in construction his whole life until experiencing a major stroke a decade ago. "I get to thinking there's got to be something I can do besides this, but there's really not," Robert said. Robert is one of many gig drivers with disabilities who told BI they rely on gig driving to make ends meet and have few other options that accommodate their medical needs. Many Americans with disabilities are looking to gig driving for the flexibility it provides and the limited barriers to entry, though many including Robert said the work is unsustainable long-term. He relearned to drive with one leg and arm, and he realized he could take up gig driving to help supplement his SSDI benefits.
Persons: Robert, there's, Uber, he's, wouldn't, It's, Lyft, they're, I've Organizations: Service, BI, Research Locations: Portland , Oregon, Oregon, Washington
In “Expats,” the actress Ji-young Yoo, a relative newcomer to Hollywood, shares the screen with Nicole Kidman, the Oscar- and Emmy-winning actress and producer. Yoo plays Mercy, a Columbia grad and would-be babysitter for the young son of Kidman’s Margaret, a former landscape architect and a mother of three living, none too happily, in Hong Kong. When Mercy loses her charge in a moment of distraction (yes, she was texting), it sends Margaret into — well, just imagine how Nicole Kidman might react if, say, you were texting and you lost her child. “When I watch the scenes with me and Nicole, it still feels like I was Photoshopped in,” she said in an interview last month. Premiering on Friday, the Amazon series tells the story of three women, all of them expatriates, living in Hong Kong amid the 2014 Umbrella Movement protests.
Persons: “ Expats, Ji, Yoo, Nicole Kidman, Mercy, Kidman’s Margaret, Margaret, , , Nicole, Kidman, Lulu Wang’s Organizations: Hollywood, Columbia Locations: Hong Kong, , Moulin Rouge
A clip of Anne Hathaway appearing to interact with fans wanting a photo has gone viral. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFans have fallen in love with the way they think Anne Hathaway dealt with people who wanted photos with her in a now-viral clip. Hathaway, like a "gentle parenting" TikTok creator, appears to use calm and direct conversation with the people in the clip to set a personal space boundary with them.
Persons: Anne Hathaway, , Gonzalez, Hathaway, Robert Irwin, Steve, Hunter, Irwin, Joseph Quinn, Con, Ella Organizations: Service, Netflix, Independent, London Locations: TikTok
Photo: PHIL MCCARTEN/REUTERSWalt Disney recommended shareholders vote for its 12 nominees to the company’s board of directors and said Chief Executive Robert Iger ’s total compensation doubled in fiscal 2023. The company nominated Chairman Mark Parker to the board, as well as Mary Barra , Safra Catz , Amy Chang , Jeremy Darroch , Carolyn Everson, Michael Froman , James Gorman, Robert Iger, Maria Elena Lagomasino , Calvin McDonald , and Derica Rice.
Persons: PHIL MCCARTEN, REUTERS Walt, Robert Iger ’, Mark Parker, Mary Barra, Safra Catz, Amy Chang, Jeremy Darroch, Carolyn Everson, Michael Froman, James Gorman, Robert Iger, Maria Elena Lagomasino, Calvin McDonald, Derica Rice Organizations: REUTERS, REUTERS Walt Disney
How Jewish People Built the American Theater
  + stars: | 2023-11-29 | by ( Jesse Green | ) www.nytimes.com   time to read: +46 min
Let Us Tell You A Story How Jewish people built the American theater as we know it. The theater, which for many Jews was a major way of becoming American in the first place, seems unable to acknowledge that the danger that American Jews face is not just historical, and not just onstage. (Both of Adler’s parents were Yiddish theater stars — her father, Jacob Adler, was a renowned Shylock in 1903.) Embedding their own observation and experience within Stanislavsky’s, along with the best of Yiddish theater and a generous dollop of Freud, they converted the American theater to Judaism. Sara Krulwich/The New York TimesThe Jewish contribution to the creation of the American theater was built on the acknowledgment of a larger humanity alive within each of us, available to some, with natural empathy and rigorous training.
Persons: Glocca, , Lerner, Loewe, , Isidore Hochberg, Burton Lane, né Burton Levy, William Goldman, “ Killybegs, Sammy Davis Jr, Julie Andrews, Connie Francis, Rosemary Clooney, Tommy Dorsey, Davis, , Arthur Miller’s “, joyously, Jason Schmidt, Christine Jones, Miller, I’ve, Marilyn Monroe, Robert Brustein, Neil Simon’s, ” Cynthia Ozick, Sholom, Philip Roth, Simon, Leonard Bernstein, Matt Nadel, Bradley, Bernstein, “ Maestro, Shylock, William Shakespeare’s “, Venice ”, Shakespeare, Christopher Marlowe’s, Farah Karim, Cooper, Bard ”, “ Merchant, Tom Stoppard’s, Sara Krulwich, Ansky’s, Stella Adler, Bessie Berger, Clifford Odets’s, Arthur Miller, Elia Kazan, Francis Joseph Bruguière, Billy Rose, Eugene Smith, Roth, Arthur Schnitzler, Juliet Stevenson, Ruth Wolff, Lorraine Hansberry’s, Sidney’s, Alex Edelman’s “, Leo Frank, Bernard B, Frank, Mandy Patinkin, James Lapine, Stephen Sondheim’s, George, Martha Swope, outspokenness, creatives, Oscar Isaac, Sidney, “ Sidney Brustein, Isaac, Stevenson, Robert Icke, Roman Catholic Cooper, Rachel Brosnahan, Maisel, Joan Rivers —, Brosnahan, Sidney Brustein’s, Alec Guinness, Fagin, “ Oliver Twist, I’m, Micaela Diamond, Ben Platt, Lucille, Alfred Uhry, Jason Robert Brown’s, Rivers, Wolff, Robert, Republic ”, isn’t, LEE Strasberg, Konstantin Stanislavsky’s, Fyodor Ivanovich, Strasberg, Israel Strassberg, Zalmon, Srulke, Joseph Stein, Sheldon Harnick, Jerry Bock’s “, Bette Midler, Jackie Hoffman, Photofest Stanislavsky, Theater’s, Isaac Butler, Stanislavsky, Harold Clurman, George Bernard Shaw, Henrik Ibsen, Clurman, Adler, Jacob Adler, Freud, Rebecca Naomi Jones, Ruthie Rivkin, Jerome Weidman, Harold Rome’s “, John Weidman, disown Strasberg, Sanford Meisner, Bobby Lewis, , Marlon Brando, James Dean, Meisner, Robert Duvall, Lewis, Meryl Streep, Clifford Odets, Jacob Garfinkle, Jules Garfield, Odets, Sam Feinschreiber, Garfield, Ralph Berger, wasn’t, John, Tovah Feldshuh, Golda Meir, William Gibson’s, Aaron Epstein, exigencies, Bessie, Feinschreiber —, loveless, William Fox, Louis B, Mayer, Jack Warner, Marjorie Morningstar ”, Morgenstern, Marjorie, Natalie Wood, Anne Frank ”, Millie Perkins, Audrey Hepburn, Susan Strasberg —, Ibsen, Sholom Aleichem, August Wilson, Daveed Diggs, Thomas Jefferson, Lin, Manuel Miranda’s “ Hamilton ”, Adrian Lester, Emanuel Lehman —, Barbra Streisand, Marmelstein, George Silk, Miller’s, Sophie Okonedo, Elizabeth Proctor, Ben Whishaw, John Proctor, Jan Versweyveld, Don’t, — Bernstein, Stoppard, Schnitzler, Jeanine Tesori, Tony Kushner’s “ Caroline, Sharon D Clarke, Adam Makké, Noah Gellman, Leo, Stoppard —, Hermine, ” Leo Frank, there’s, Matthew Broderick, Eugene Jerome, it’s, Edelman’s, Queens bigots, David Yosef Shimon ben Elazar Reuven Alexander Halevi Edelman, Woody Allen, Joshua Harmon’s, — George Gershwin, Jerome Kern, Richard Rodgers, Porgy, Bess ”, Barns, Alex Edelman, Paula Vogel, Harvey Fierstein, Jordan Taylor Fuller, — that’s, Wendell Pierce, Friedman, Jacobs, Hirschfeld, Gershwin, Rodgers, PAULA VOGEL, BRANDON URANOWITZ, DAVID CROMER, MICAELA DIAMOND, TONY KUSHNER, Diamond, Monica Rich Kosann, Marco Bicego, JESSE EISENBERG, MATTHEW BRODERICK, AMY HERZOG, LESLIE RODRIGUEZ KRITZER, JOEL GREY, Herzog, Michael Kors, Kritzer, Marco, HARVEY FIERSTEIN, LIEV SCHREIBER, ETHAN SLATER, IDINA MENZEL, TINA LANDAU Organizations: Broadway, Broadway’s Lyceum, , of Venice, New York Times, Defamation League, New York Public Library, Performing, Vandamm, Billy, Billy Rose Theatre Division, Performing Arts, New, Jacobs, Empire State, Nazi, Goyim Defense, The New York Public Library, Roman Catholic, New York City, Street, Moscow Art, Group, Hollywood, Disney, Everett, The New York Times, Philadelphia, Brit, Times Locations: Poland, American, kilts, E.Y, Harburg, Kilkerry, Kildare, Philadelphia, New York, Polish, Massachusetts, Vichy, Biloxi, Venice, Malta, of, , Germany, playgoers, Sweden, England, United States, Pittsburgh, Nazi, Brustein’s, Greenwich, Georgia, Gutenberg, , Atlanta, Republic, New, Konstantin Stanislavsky’s Moscow, Russian, America, Moscow, Stanislavsky’s, Clurman, Eastern Europe, Czech, Austrian, Auschwitz, Heini, Southern, Brighton, Rivers, French Republic, “ Brigadoon
REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsNov 29 (Reuters) - (Please note strong language in paragraphs 1 and 6)Billionaire Elon Musk told advertisers that have fled his social media platform X over antisemitic content to "Go fuck yourself" in a fiery Wednesday interview. Musk said repeatedly he was sorry for publishing a tweet on Nov. 15 that agreed with an anti-Jewish post. Musk in his post said the user, who referenced the "Great Replacement" conspiracy theory, was speaking "the actual truth." Musk's post drew condemnation from the White House for what it called an "abhorrent promotion of antisemitic and racist hate." Musk in Israel said he is against antisemitism and anything that "promotes hate and conflict" and stated that X would not promote hate speech.
Persons: Elon Musk, Porte, Gonzalo Fuentes, Billionaire Elon Musk, Musk, bristled, Bob, Robert Iger, Walt Disney, Iger, Musk's, Chuck Schumer, Schumer, Benjamin Netanyahu, Netanyahu, Joe Biden, Donald Trump, Sheila Dang, David Gaffen, Lisa Shumaker Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, REUTERS, Billionaire, New York Times, Walt, U.S, White House, Warner Bros Discovery, Comcast, Media, Israeli, Thomson Locations: Paris, France, Israel, U.S, Dallas
Indianapolis Colts' owner now says his DUI arrest was because he is a "rich, white billionaire." In 2014, Irsay pled guilty to one misdemeanor count and was suspended for six months from the NFL. The billionaire said in a newly-released interview that he only pled guilty to "get it over with." AdvertisementIndianapolis Colts owner Jim Irsay said he was "prejudiced against" for being a "rich, white billionaire" when he was arrested on a DUI charge in 2014. Later that year, the Colts owner pled guilty to one misdemeanor count of operating a vehicle while intoxicated.
Persons: Irsay, , Jim Irsay, Bryant Gumbel, Robert Irsay, Molly Qerim Organizations: Indianapolis Colts, NFL, Service, Sports, Police, Colts, Forbes
'Boomerang' CEOs of major companies
  + stars: | 2023-11-22 | by ( ) www.reuters.com   time to read: +2 min
Nov 22 (Reuters) - Sam Altman reached an agreement with OpenAI to return as CEO on Wednesday, after a tumultuous few days following his ouster by the company's board. He joins a list of big name "boomerang" chief executives who have made comebacks at a later date. DELL (DELL.N) - MICHAEL DELLMichael Dell founded Dell Inc in 1980s and held the position of CEO until 2004, when he stepped down to serve as chairman. He returned as CEO in 2007 and led the company through the merger with EMC, which resulted in the emergence of Dell Technologies. He returned as CEO in 2023 amid challenges related to UBS's takeover of peer Credit Suisse.
Persons: Sam Altman, OpenAI, Steve Jobs, John Sculley, DELL, MICHAEL DELL Michael Dell, ROBERT IGER Robert Iger, HOWARD SCHULTZ Howard Schultz, JACK DORSEY Jack Dorsey, Evan Williams, Dorsey, SERGIO ERMOTTI Sergio Ermotti, Ralph Hamers, Boleslaw Lasocki, Victor Goury, Milla Nissi, Jane Merriman Organizations: Apple, Dell Inc, EMC, Dell Technologies . DISNEY, NBA, TWITTER, Twitter, UBS, Suisse, Thomson Locations: U.S, Swiss, Laffont, Gdansk
U.S. President Joe Biden and first lady Jill Biden leave the White House to board Marine One in Washington on November 11, 2023. Acquire Licensing RightsWASHINGTON, Nov 19 (Reuters) - U.S. President Joe Biden and first lady Jill Biden will join military personnel and their families on Sunday for an early Thanksgiving meal dubbed "Friendsgiving." The event will take place at Naval Station Norfolk in Norfolk, Virginia. While in Norfolk, the Bidens will kick off an advance screening with service members and their families of “Wonka,” a new musical fantasy film focusing on a young Willy Wonka. Then, they will participate in a Friendsgiving dinner with service members and military families associated with the Dwight D. Eisenhower and the Gerald R. Ford aircraft carriers.
Persons: Joe Biden, Jill Biden, Amanda Andrade, Rhoades, “ Wonka, Willy Wonka, Dwight D, Eisenhower, Gerald R, Robert, Steve Holland, Franklin Paul Organizations: House, REUTERS, Rights, Naval, Ford, Forces Initiative, United Service Organizations, Robert Irvine Foundation, Franklin Paul Our, Thomson Locations: Washington, Norfolk, Norfolk , Virginia, Nantucket, Israel
Disney’s franchise fatigue taints M&A magic
  + stars: | 2023-11-14 | by ( ) www.reuters.com   time to read: +2 min
Chairman and Chief Executive Officer of The Walt Disney Company, Robert Iger, attends the premiere of "Star Wars: The Rise of Skywalker" in Los Angeles, California, U.S. December 16, 2019. REUTERS/Phil McCarten Acquire Licensing RightsNEW YORK, Nov 14 (Reuters Breakingviews) - Walt Disney’s (DIS.N) load-bearing franchises are cracking. Disney’s Pixar studio delivered its own opening weekend dud with “Elemental.” The Star Wars universe’s latest TV expansion, “Ahsoka,” was panned. Iger’s acquisitions of Marvel, Pixar and Star Wars’ Lucasfilm seemed a master stroke of M&A. A slowdown at his most prized acquisitions raises the stakes on his next M&A decisions at a time of increased scrutiny.
Persons: Robert Iger, Phil McCarten, Walt Disney’s, , Bob Iger’s, Iger, Nelson Peltz, Jennifer Saba, Orsted’s, Cameron, Jonathan Guilford, Streisand Neto Organizations: Walt Disney Company, REUTERS, Reuters, Marvel, Variety, Pixar, Disney, Star Wars, Lucasfilm, X, Thomson Locations: Los Angeles , California, U.S
In the United States, Walmart, Costco, Wegmans and other chains have also revised their self-checkout strategies. British supermarket Booths is removing self-checkout machines. Paul Melling/Alamy Stock PhotoCustomers at Booths also frequently misidentified which fruits and vegetables they were buying when prompted by self-checkout machines. Walmart removed self-checkout machines at some stores in New Mexico earlier this year. Costco said it’s adding more staff in self-checkout areas after it found that non-members were sneaking in to use membership cards that didn’t belong to them at self-checkout.
Persons: we’ve, Nigel Murray, Paul Melling, ” Murray, , , Lindsey Nicholson, ShopRite, Wegmans Organizations: New, New York CNN, Walmart, Costco, BBC ., Alamy, CNN, Getty Locations: New York, British, United States, BBC . British, Britain, New Mexico, Delaware
SINGAPORE (AP) — Britain’s Prince William cheered on 15 finalists of his third Earthshot Prize in Singapore Tuesday ahead of the awards ceremony where five of them will win 1 million pounds ($1.2 million) each to scale up groundbreaking innovations to fight climate change. William spoke to the finalists — all whom are attending the ceremony for the first time for networking opportunities — at Gardens by the Bay, an artistic horticulture attraction. The winners are grouped into five categories: nature protection, clean air, ocean revival, waste elimination and climate change. The finalists included a U.S. company that found a way to recycle polycotton fabrics, which makes up half of all textile waste. Apart from the prize money, all 15 finalists will receive a year of technical support and resources to help them accelerate their ideas.
Persons: — Britain’s Prince William, William, , Rania al Abdullah, Jack Ma, Stella McCartney, David Attenborough, Ngozi Okonjo, Yao Ming, Kate, couldn't, George, Hannah Waddingham, Sterling K, Brown, Bebe Rexha, Oscar, Cate Blanchett, Donnie Yen, Lana Condor, Mbatha, Robert Irwin Organizations: SINGAPORE, World Trade Organization, NBA, William’s Royal Foundation, MediaCorp, Sterling Locations: Singapore, Gardens, U.S, Indian, Sierra Leone’s, Freetown, Poland, Europe, U.K, Asia, London, Boston, Republic
The 2023 Earthshot Prize winners:This year’s winners were chosen from a shortlist of 15 finalists by Prince William and the Earthshot Prize Council, chaired by Christiana Figueres, a former UN climate chief, who played a key role in negotiating the Paris Climate Agreement in 2015. The Prince of Wales speaks with the winners of the 2023 Earthshot Prize following the awards ceremony on Tuesday night. Irwin added that the Earthshot Prize offers “hope,” which “is something we all need to hang on to.”The Singapore skyline was lit up in green to celebrate the Earthshot Prize on Monday. Mohd Rasfan/AFP/Getty ImagesFigueres, who is also an Earthshot Prize trustee, told CNN that it was “such a joy” to work with the Prince of Wales. The prince said he was “thrilled” to be in Singapore for the third Earthshot Prize ceremony and outlined his vision for supporting this year’s shortlist of finalists.
Persons: Wales, Prince William, , ” William, Christiana Figueres, Rania Al Abdullah of Jordan, Ernest Gibson, Jack Ma, Prince, Chris Jackson, Nidhi Pant, Emily Owen, , Ted Lasso ”, Hannah Waddingham, Sterling K, Brown, Cate Blanchett, Nomzamo, Robert Irwin, OneRepublic, Irwin, , Hunter, Steve Irwin, Mohd Rasfan, Prince of Wales, William, we’ve, Tharman Shanmugaratnam, Lee Hsien Loong, Catherine, Princess, Prince George Organizations: CNN’s Royal, Singapore CNN, Earthshot, Theatre, MediaCorp, Royal Foundation, WildAid, Technologies, S4S Technologies, CNN, , Voices, Getty, Figueres, BBC, PBS, Singapore, Jewel, HSBC Locations: Singapore, India, UN, Paris, Peru, South America, Hong Kong, South African, , AFP, Gardens, Kallang
SINGAPORE (AP) — Britain's Prince William took to the waters in Singapore for a morning of dragon boating Monday, ahead of activities for the annual Earthshot Prize awards aimed at promoting solutions for the planet’s environmental threats. Working in pairs, William and the other 19 paddlers rowed vigorously to the steady beat of a drummer standing in the bow. His boat triumphed in a brief race with another boat captained by British High Commissioner Kara Owen. Dragon boat racing, originating from China, can be traced back nearly 2,000 years before it became a modern international sport in 1976. That inspired the prince and his partners to set a similar goal for finding solutions to environmental problems by 2030.
Persons: — Britain's Prince William, Prince, Wales, William, Kara Owen, Kate, Princess, , Laura Greenwood, Hannah Waddingham, Sterling K, Brown, Robert Irwin, Oscar, Cate Blanchett, Lana Condor, John F, Tharman Shanmugaratnam, Lee Hsien Loong Organizations: SINGAPORE, British Dragons, British High, Royal Foundation, Sterling, Singapore, United, Wildlife Locations: Singapore, Kallang, Wales, Canada, China, British, Asia, London, Boston, Kensington, Southeast Asia
SINGAPORE (AP) — Prince William arrived Sunday in Singapore for the Earthshot Prize awards, the first to be held in Asia, to support environmental innovators with solutions to battle climate change and save the planet. William, 41, shook hands, signed autographs and sportingly took selfies with many of them during a walkabout. “It’s fantastic to be back in Singapore for this year’s Earthshot Prize ceremony, after eleven years," he said in a statement upon landing. That inspired the prince and his partners to set a similar goal for finding solutions to pressing environmental problems by 2030. William, a keen sportsman, will also try his hand at dragon boating, a popular sport in Singapore and many parts of the world.
Persons: — Prince William, William, sportingly, Johanes Mario, Catherine, Hannah Waddingham, Robert Irwin, Oscar, Cate Blanchett, Lana Condor, Nomzamo, John F, Tharman Shanmugaratnam, Lee Hsien Loon, Robert Irwin's Organizations: SINGAPORE, Sunday, Changi, Royal Foundation, Boston, Singapore’s, Singapore, United, Wildlife Locations: Singapore, Asia, Wildlife, London, William, Kensington, Southeast Asia
Celebrating Literature That ‘Brings the World Close’
  + stars: | 2023-11-02 | by ( Robert Ito | ) www.nytimes.com   time to read: +1 min
Words Without Borders, one of the few magazines in the world dedicated to literature in translation, is turning 20 at a fraught time: Around the world, wars are raging. Writers are being jailed, dissident voices silenced and books banned. The answer, said Karen M. Phillips, the magazine’s executive editor and publisher, was right there, baked into their mission — to gather and celebrate international literature, and in doing so, strengthen the connection between readers and writers around the world. “Literature is a really powerful space for imagining new ways forward, or thinking through situations that are impossible if you take them head on as facts,” she said. “We’re always publishing contemporary writers who are reflecting, through their literature, the events and crises of the world.”
Persons: Karen M, Phillips, , “ We’re
Robert Irwin Helped Us See the Light
  + stars: | 2023-10-30 | by ( Michael Govan | ) www.nytimes.com   time to read: +1 min
Robert Irwin, who died last week in San Diego, at 95, had one of the most restless, inquiring minds of any artist I have ever known. From that point forward he wanted to make works of art without frames, without limits, which he did, continually questioning the very nature of art in almost every visionary work he made. Irwin coined a term, “conditional art,” for his practice. Sometimes nearly invisible, his art was always a function of the circumstances of its being. The work remains to this day, creating an effect of landscape that could never be expressed in a painting.
Persons: Robert Irwin, , Irwin, Organizations: University of California Locations: San Diego
Robert Irwin, a Southern California artist associated with the Light and Space movement of the 1960s, who early on stopped making paintings in favor of creating ephemeral and sometimes intangible art environments, died on Wednesday in the La Jolla section of San Diego. His death, at Scripps Memorial Hospital, was caused by heart failure, said Arne Glimcher, the founder and chairman of the international Pace Gallery, which has shown Mr. Irwin’s work since 1966. Mr. Irwin lived in San Diego. Within the contemporary art world, Mr. Irwin’s work on human attention and perception — he called it, with a nod to scientific research, an “inquiry” into perception — was highly influential; he won a MacArthur “genius” award in 1984. The work was not highly visible to the public, however.
Persons: Robert Irwin, Arne Glimcher, Irwin’s, Irwin, Organizations: Scripps Memorial Hospital, Pace Gallery, MacArthur Locations: Southern California, Jolla, San Diego, Venice
A decline in transportation stocks is sending a worrying signal about the broader stock market. Transportation stocks are viewed as a leading indicator because they point to the movement of goods around the country. AdvertisementAdvertisementA steady decline in transportation stocks is sending a worrying signal about the broader stock market and its chances to stage a year-end rally. If companies are seeing a slowdown in growth and their stock prices fall, it could be a grim warning for the rest of the economy and stock market. AdvertisementAdvertisementAnd if the latter happens, crucial support levels would be broken and investors' highly anticipated year-end rally in the stock market, partly explained by bullish seasonals, would be on thin ice.
Persons: , Hunt, Dow Jones, bullish seasonals, J.B, Shelley Simpson, Robert Isom, We're, Isom, Joe Hinrichs, Hinrich, Dow, Manuel Blay, TheDowTheory.com, Dow Industrials Organizations: Service, Dow Jones Transportation, United Airlines, American Airlines, CSX Transportation, Dow, Industrial, CNBC, CSX Locations: Israel
An American Airlines Airbus A321-200 plane takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018. REUTERS/Mike Blake/File Photo Acquire Licensing RightsOct 19 (Reuters) - American Airlines (AAL.O) on Thursday beat estimates for third-quarter adjusted profit and said bookings for the upcoming holiday season have been stronger than last year, sending its shares up 1.6% in premarket trading. American Airlines reported an adjusted profit of 38 cents per share for the quarter ended Sept. 30, beating analysts' average estimates of 25 cents per share, according to LSEG data. It now expects an adjusted profit of $2.25 per share to $2.50 per share for the year, compared with its previous forecast of $3 to $3.75 per share. The company expects its fourth-quarter total revenue per available seat mile (TRASM), a proxy for pricing power, to be down about 5.5% to 7.5%, compared with the year-earlier period.
Persons: Mike Blake, Robert Isom, Shivansh, Anil D'Silva Organizations: American Airlines Airbus, Los Angeles International, REUTERS, American Airlines, CNBC, Jet, Thomson Locations: Los Angeles , California, U.S, Fort Worth , Texas, Bengaluru
DALLAS (AP) — American Airlines posted a $545 million loss for the third quarter as revenue was flat with last summer and costs rose, especially to cover a new contract with its pilots. American Airlines Group Inc., based in Fort Worth, said earnings excluding special items worked out to 38 cents per share. Labor costs at American jumped 17%, an increase of nearly $600 million, which was roughly offset by lower fuel prices than a year ago. There are already concerns over rising costs for airlines as fuel prices surge at the same time that travel has begun to slow. Fuel prices are still lower than they were last year, but the loss at American could add to anxiety over burdensome costs across the industry.
Persons: Robert Isom, “ We're, , Devon May, United Organizations: DALLAS, , Airlines, United Airlines, Delta Air Lines, American Airlines Group Inc, Delta, United, Labor Locations: United States, Fort Worth, United, Tel Aviv, Israel
Boeing 787-9 Dreamliner, from American Airlines company, taking off from Barcelona airport, in Barcelona on 24th February 2023. American Airlines posted a third-quarter loss on Thursday and trimmed its profit forecast for the year, partly in response to higher fuel prices. American said it expects a full-year adjusted operating margin of 7%, down from a previous forecast for as wide a margin as 10%. For the fourth quarter, American estimated it would break even. American will hold a call with analysts and media at 8:30 a.m. on Thursday to discuss results and its outlook.
Persons: Robert Isom Organizations: Boeing, American Airlines, LSEG, Revenue Locations: Barcelona
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmerican Airlines CEO Robert Isom: I see robust demand going into 2024CNBC’s Phil LeBeau and American Airlines CEO Robert Isom joins 'Squawk Box' to discuss the airline's quarterly earnings results, travel demand, Q4 outlook, capacity challenges, and more.
Persons: Robert Isom, Phil LeBeau Organizations: American, American Airlines
Flight attendants turned up at American Airlines HQ with a letter of no confidence in a senior executive. Union members are angry they've not been relocated from a hotel in Philadelphia where a colleague died. AdvertisementAdvertisementLast month, a 66-year-old AA flight attendant was found dead in a room at the Marriott with "a cloth in her mouth." In a statement the APFA said: "The lack of action on flight attendant safety and security and the appalling lack of flight attendant support on the line is utterly unacceptable." In August the AFPA, which represents 26,000 flight attendants, voted overwhelmingly to authorize a strike if American refused to agree to "reasonable" contract terms, Reuters reported.
Persons: Brady Byrne, they've, , Robert Isom, Brady Byrnes, Byrnes, APFA, Mr Brynes, Kevin Dietsch Organizations: American Airlines, Service, Fort, Association of Professional, AA, Marriott, Reuters Locations: Philadelphia, Fort Worth
David A. Andelman David AndelmanThat is the clearest and most present danger to the security of Europe and the entire Western alliance. Fissures are appearing across the hitherto united Western front that can only be sending shivers of joy up Putin’s spine. Putin quite rightly appreciated the stakes — and the opportunity — when he first launched his heartless blockade of Ukraine’s grain, grain that helps feed not only Europe but also vast stretches of Africa now plunged into the threat of devastating hunger. Ukrainian President Volodymyr Zelensky addresses the UN General Assembly last week in New York City. The EU is weighing up a mammoth four-year, 20 billion euro ($21.3 billion) fund to finance weapons purchases for Ukraine.
Persons: David A, David Andelman, Vladimir Putin, shivers, Putin, Hungary —, Volodymyr Zelensky, Bryan R, Smith, hasn’t, , Mateusz Morawiecki, Andrzej Duda, Robert Fico, Fico, Olaf Scholz, , Mitch McConnell, , ” Robert I, Harvard Kennedy Organizations: CNN, French Legion of, The New York Times, CBS News, America, Republicans, NATO, European Union, UN, Assembly, Getty, Smer Party, , World Trade Organization, Ukraine, North, Times, Harvard Kennedy School’s Locations: Ukraine, Europe, Africa, Poland, Slovakia, Bialobrzegi, Warsaw, Hungary, New York City, AFP, New York, Moscow, ” Polish, Banovce nad Bebravou, ” Ukraine, EU, Russia, North Korea, Zelensky, London, America, China, ” China
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