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Persons: , airfare, you'll, there's, Chase, isn't, You'll, Read, Chase Travel ℠, Chase Sapphire, Uber, Cardholders, Jason Steele, Jason, Guy, he’s Organizations: Business, Bank of America, Bank of, The Bank of America, of America, Bank of America Travel Center, Rewards Bank of America, Merrill, Avis ®, Hertz, American Express, TSA, U.S . Bank of America, Citi, Wells, Bank, America, Diamond, . Bank of America, Global, Chase, Chase Travel, Chase Sapphire, American, Saks Fifth, Uber, Walmart, Delta Sky, Bank of America Preferred, Conference, Credit Card Media, Forbes, USA, Newsweek, Street Journal, CNN, University of Delaware, Colorado ExperienceExperienceEducations Locations: Bank, U.S, , Colorado
Production at a key Samsung Electronics plant in southern India was disrupted by hundreds of employees striking for higher wages on Tuesday, as top executives sought to resolve a rare episode of labor unrest. Posters saying “Indefinite Strike” went up outside the factory near the city of Chennai, where hundreds of workers in company uniforms set up tents to shade themselves from the heat. People shop inside a store selling Samsung mobile phones and electronics at Mumbai, India on March 6, 2023. A spokesperson for Samsung India said on Monday that it actively engaged with workers “to address any grievances they may have and comply with all laws and regulations.”Around 800 workers signed a register outside the factory to record their protest. One poster outside the factory exhorted state labor officials not to support management, advising instead: “Discuss and solve demands from the labor union with union officials.”
Persons: E, Muthukumar, Francis Mascarenhas, Veera Raghava Rao, , , Prabhu Ram Organizations: Samsung Electronics, Samsung, India’s, LG Electronics, Reuters, Centre of Indian Trade Unions, Samsung’s Southwest, JB, India, Samsung India, Cybermedia Research Locations: India, South Korea, Sriperumbudur, Chennai, Seoul, Samsung’s, Samsung’s Southwest Asia, Gurugram, New Delhi, Mumbai
A Southwest Airlines plane takes off from Hollywood Burbank Airport above other Southwest planes on July 25, 2024 in Burbank, California. Southwest Airlines said Tuesday that executive chairman and former CEO Gary Kelly will retire next year and announced a board shakeup, moves that come as the carrier faces pressure for changes by activist investor Elliott Investment Management. Elliott in June revealed a nearly $2 billion stake in Southwest, seeking to oust leadership, including CEO Bob Jordan, who has also spent nearly four decades at the carrier. Southwest has also brought in outside experts, including Bob Fornaro, former CEO of Spirit Airlines and AirTran, which Southwest acquired. Southwest has an investor day scheduled for Sept. 26 in Dallas to expand on these and other initiatives.
Persons: Gary Kelly, Kelly, Herb Kelleher, Elliott, Bob Jordan, Bob Fornaro Organizations: Southwest Airlines, Elliott Investment Management, Southwest, Dallas, Texas, Spirit Airlines, Boeing, U.S Locations: Hollywood, Burbank , California, Southwest, Dallas
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. The Investing Club portfolio has lots of exposure to the AI buildout through its investments in Eaton , Dover , Broadcom and Nvidia , among others. Club stock Wells Fargo was being painted with a broad brush, falling 2%. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stocks, Wells Fargo, Wells, Jim, that's, Analysts, Goldman Sachs, Jim Cramer's, DOV, AVGO Organizations: CNBC, Oracle, Broadcom, Nvidia, Apple, Bank, JPMorgan, Club, Wells, Costco, Redburn, Johnson Locations: Eaton, Dover, Wells Fargo, NVDA
Mission Produce , Calavo Growers — Shares gained 20% after the avocado producer reported a year-over-year revenue increase of 24% for the fiscal third quarter. Calavo Growers advanced around 12% after the rival producer reported adjusted earnings of 57 cents per share in its fiscal third quarter. That is more than the 43 cents per share that analysts were expecting, according to FactSet. Oracle — Shares of the database software company surged more than 11% after a fiscal first-quarter beat on the top and bottom lines. For the fiscal second quarter, the company saw growth of 4% in preliminary consolidated same-store sales.
Persons: Russell Hutchinson, LSEG, Piper Sandler, Hewlett Packard, Rubrik, FactSet, Patterson, Gary Kelly, Bob Jordan, Alibaba, Daniel Pinto, — CNBC's Brian Evans, Samantha Subin, Lisa Kailai Han, Jesse Pound, Michelle Fox Organizations: Ally, Mission, Calavo, Calavo Growers, Oracle —, Oracle, Amazon Web Services, Hewlett Packard Enterprise, Hewlett, Juniper Networks, UTI, Southwest Airlines —, Elliott Investment Management, Hong, Reuters, JPMorgan Locations: U.S, Alibaba —, China, Hong Kong, Shanghai, Shenzhen
Discussing the US southern border, Trump asserted that “more terrorists have come into the United States in the last three years. In fact, there have been no reported terrorist attacks in the US during the past three years carried out by jihadist terrorists crossing the southern border. The ordinarily voluble Trump typically doesn’t have much to say when far-right domestic terrorists perpetrate terrorism in the United States. To be sure, there are reasonable concerns about the southern border, like the fact that, as CNN reported in June, eight Tajikistan nationals in the US who had crossed the southern border were arrested on immigration charges “following the discovery of potential ties to terrorism,” including possibly to ISIS. This is all a far cry from Trump’s claim on Fox that “more terrorists have come into the United States in the last three years.
Persons: Donald Trump, Kamala Harris, Trump, voluble Trump, Christopher Wray, Organizations: CNN, Fox News, New, Naval Air Station, Pentagon, New America, Fox, US Customs, Protection Patrol, CBS News Locations: United States, New York City, Saudi, Pensacola , Florida, Buffalo , New York, Allen , Texas, Pensacola, Manhattan, Tajikistan, Customs, Canada
U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic slump, according to the U.S. Department of Transportation. It’s a departure from the previous years when airlines couldn’t hire employees fast enough. U.S. airlines are usually adding pilots constantly since they are required to retire at age 65 by federal law. Then, travel demand snapped back faster than expected, climbing in earnest in 2022 and leaving airlines without experienced employees like customer service agents. “We will be hiring for the foreseeable future at levels like that,” he said at the time.
Persons: Kit Darby, they’ll, Raymond James, Savanthi, Tammy Romo, Robert Isom, , , Ken Byrnes Organizations: U.S . Department of Transportation, Airlines, Boeing, Airbus, U.S, American Airlines, United Airlines, Delta Air Lines, Southwest Airlines, JetBlue Airways, Spirit Airlines, Pratt & Whitney, Frontier Airlines, Dallas, , ” United Airlines, , FedEx, UPS, American, Embry, Riddle Aeronautical University Locations: U.S, ” United
A series of fortuitous eventsWhen the train arrived in Paris, Erin and her seat neighbor went their separate ways, and Erin figured she’d never see him again. It’s called the Generator, and it has a great rooftop bar.’ And I love rooftop bars, so I remembered that.”Erin returned to the US, and she quickly lost touch with her train friend. Jordan figured the reviews were decent, the prices OK – and the rooftop bar looked appealing. “Then, that night, there was a party, an organized event on the rooftop,” Erin recalls. By then, fall had arrived, and Jordan’s summer stint at the rooftop bar was ending.
Persons: Erin Tridle, Erin, She’d, “ I’m, , she’d, , we’ve, ‘ I’m, It’s, ” Erin, ’ ” Erin, Jordan, Frenchman who’d, ’ ”, Erin didn’t, , ” Jordan, ‘ Let’s, ’ ” Jordan, he’d, – he’d, you’re, hesitating, we’ll, it’s, Jordan couldn’t, let’s, – Jordan wasn’t, Erin couldn’t, “ He’d, “ Jordan, Milian, hadn’t, Jordan –, , Anthony Bourdain’s, Anthony Bourdain, ’ Erin Tridle, She’ll, Jordan’s Covid, Erin’s, I’d, Nika Gunchak Erin, Jordan’s, – she’d, Paris, He’s, he’s, Frenchman, Jordan upended, Erin “, Jordan “, Sebastián, “ There’s, I’m Organizations: CNN, CNN Travel, Jordan, Omicron, Eiffel Locations: Paris, of Versailles, Europe, Los Angeles, Sacre, America, France, Caribbean, Australia, Paris ”, , , Seine, Milan, French, Nice, Sebastián, Spain’s Basque, United States, Erin, LA, , 8th, , American, TikTok
Habitat loss, overfishingand their fate as bycatch in fishing nets have threatened porbeagle shark populations. Northwest Atlantic porbeagle sharks are listed as vulnerable on the International Union for Conservation of Nature Red List of Threatened Species. The team pieced together several factors that indicated the shark had been eaten and the tag excreted by a larger predator that gobbled up the shark, Anderson said. Unusual suspectsPorbeagles belong to a family called lamnid sharks, which also includes great white sharks and mako sharks. Gutteridge, who was not involved in the study, agrees that a white shark is the most likely culprit.
Persons: , Brooke Anderson, ” Anderson, , Jon Dodd, Anderson, porbeagles, , porbeagle, James Sulikowski, Shortfin, chow, It’s, Adrian Gutteridge, ” Gutteridge, they’re Organizations: CNN, Marine Science, North Carolina Department of Environmental, International Union for Conservation of, Marine Stewardship Council, International Union for Conservation, Specialist Locations: Cape Cod, Massachusetts, Bermuda, Canada, New England, Atlantic
Japan says a Chinese Navy survey ship sailed into its territorial waters on Saturday. The incident comes just days after a Chinese military spy plane flew into Japanese airspace. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementJapan accused China of sailing into its territorial waters just days after one of Beijing's spy planes violated Japanese airspace for the first time.
Persons: , aren't Organizations: Chinese Navy, Service, Japan's Ministry of Defense, Business Locations: Japan, China, Kuchinoerabu, Tokara
The Oz office building on Epic's campus. Touring Epic's campus, it's clear that the company exists a universe away from Wall Street. They're clustered into mini-campuses, with names like Prairie Campus, Farm Campus, Central Park Campus, Wizards Academy Campus and Storybook Campus. Around 750 acres of Epic's campus are active farmland sprinkled with 42 sheep, 14 cows and a donkey. The campus' buildings are connected via a network of tunnels and enclosed skyways, so people don't have to step outside to travel between them.
Persons: Epic Systems Dorothy Gale, Judy Faulkner, Faulkner, Oracle's, Cerner, Epic Systems Faulkner, Harry Potter, Sherlock Holmes, Ken Glueck, Seth Hain, Epic's, Hain, " Hain Organizations: Epic Systems, Academy, Systems, Oracle, Wizards Academy Campus, skyways, Systems Employees, Academy Campus, Health, Cosmos Locations: Kansas, Verona , Wisconsin, Madison, Verona, U.S, San Francisco, Seattle, New York, Prairie, Park, Epic's
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. CNN —In travel news this week: an accidental megadeal on first-class tickets, the world’s best-connected airport and why now is a good time to plan a trip to Europe. Goodbye to EU passport stampsPaper mementoes of our travels, from boarding cards to even passports themselves, are fast moving into obsolescence. Whether you’re off to Greece, Asia or the Middle East, you’ll likely find a use for these 45 best-selling travel accessories.
Persons: Il dolce, , Lucy Laucht, it’s, you’ll, Hell Organizations: CNN, Labor, European Union Schengen Area, Aviation, Australian, Qantas, CNN Travel, Duluth Locations: Europe, Naples, Ischia, Puglia, Amalfi, Hungary, Gresham, Budapest, Stockholm, Greece, Northeast Asia, Abu Dhabi, Asia, Duluth, Minnesota, Duluth , Minnesota, United States, Lake Superior, Japan, Chile
Jonathan Nackstrand | Afp | Getty ImagesFinland is on the cusp of burying spent nuclear fuel in the world's first geological tomb, where it will be stored for 100,000 years. The pioneering project has been hailed as both a watershed moment for the long-term sustainability of nuclear energy and "a model for the entire world." Nuclear energy currently provides about 9% of the world's electricity, according to the World Nuclear Association. Finland is poised to bury spent nuclear fuel in the world's first geological tomb. KBS-3 is based on a multi-barrier principle, where several engineered barriers seek to ensure the long-term safety of the spent nuclear fuel.
Persons: Jonathan Nackstrand, Posiva, Gareth Law, University of Helsinki Tuohimaa, Tuohimaa, Kai Mykkänen Organizations: Afp, Getty, CNBC, videoconference, University of Helsinki, World Nuclear Association, Nordic, KBS, Swedish Nuclear, Waste Management Company, U.S Locations: ONKALO, Eurajoki, Finland, Finnish, Olkiluoto, Helsinki, Europe, Asia, Sweden
It’s a thing that’s tangible but needs participation, like a watch that requires winding. It began when we sat down at a hotel bar in London and I tried to make him laugh. I’d lob anecdotes and observations, and he’d offer argument and provocation and, occasionally, unleash a guffaw that meant I had something. Adam thought that solo shows should answer the question: What is our place in the world? I looked after the jokes, and he looked after that.
Persons: Adam Brace, Adam, Adam chuckled, Adam couldn’t, I’d Locations: London, Queens, Northern England, American, Australia
CNN —The Atlantic hurricane season might be quiet for now, but the same can’t be said in the Pacific, where Tropical Storm Hone is threatening to deliver a weekend blow to Hawaii. A tropical storm watch has been raised for Hawaii’s Big Island with the storm on track to pass close to the state this weekend. The storm is forecast to pass about 150 miles south of the Big Island late Saturday into Sunday morning. CNN WeatherIn addition to potentially flooding rainfall, Hone will also deliver gusty winds this weekend, especially over the Big Island. The system will weaken as it approaches Hawaii, but whatever remains of it could take a swipe at the state late next week.
Persons: Storm Hone, Hone, they‘ll Organizations: CNN, Atlantic, East Pacific, Central Pacific, Central Pacific Hurricane Center, Big, National Weather Service, US Drought Monitor Locations: Hawaii, Central, Maui, Oahu, Honolulu, Hawaii’s
Fortunately, we like to earn American Express Membership Rewards and Chase Ultimate Rewards points. I also transferred Chase points to Hyatt and redeemed them for one night in a hotel in the city. Annual travel credit can effectively shave $300 off the annual fee if you use itCheck mark icon A check mark. $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year. Another Southwest flight home to Denver, also courtesy of credit card rewards, and our anniversary spectacular was complete.
Persons: , Chase, Chase Travel ℠, Hilton, It's, we're Organizations: Service, Business, American, American Express, ANA Airlines of, Polish Airlines, Chase, Southwest Airlines, LaGuardia, Hyatt, Chase Travel, Sapphire, Chase Sapphire, TSA, FDIC, Hilton Lost Property, Hilton Honors Business, Hilton, Eurostar, ANA, Southwest Locations: London, Paris, Normandy, ANA Airlines of Japan, Newark, New York, JFK, Warsaw, Denver, Central Park, Paul's, New York City
CNN —The Russian border region of Belgorod declared an emergency on Wednesday after new attacks by Ukrainian forces, with Kyiv claiming control of hundreds of square miles of Russian territory after its rare cross-border incursion. “The situation in the Belgorod region continues to be extremely difficult and tense,” Belgorod Gov. The declaration came after Belgorod began evacuations on Monday as a result of Ukrainian advances, following Kyiv’s surprise incursion into the neighboring Kursk region last week. It was a notable change in tactics for Ukraine and marked the first time foreign troops had entered Russian territory since World War II. Two locations in Belgorod, the city of Shebekino and the village of Ustinka, had been attacked by Ukrainian drones, he added.
Persons: Vyacheslav Gladkov, Gladkov, Aleksandr Gusev, Volodymyr Zelensky, , Vladimir Putin, Russia –, Joe Biden, Putin, Organizations: CNN, Belgorod Gov, Kyiv, Kremlin Locations: Belgorod, Ukrainian, Kursk, Ukraine, Russian, Shebekino, Ustinka, Voronezh, Moscow, Bryansk, Russia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSquire: Any company that's underperforming its peers should be on notice for activist pressureKen Squire of 13D Monitor discusses the rising activity by activist investors, including action at Southwest Airlines.
Persons: Squire, Ken Squire Organizations: Southwest Airlines
Nesmith said she had flown into Greece on Sunday, the day the wildfire initially broke out in the village of Varnavas, about 20 miles north of Athens. As the danger spread, Greece implored fellow European Union members to help respond to the blaze. “We stand with Greece as it battles devastating fires,” European Commission President Ursula von der Leyen said in a statement on X on Monday. While wildfires are common during the summertime in Greece, climate scientists have warned that unusually hot and dry weather connected to climate change can make fires more likely to ignite and spread. A satellite image shows the ongoing fire near Athens, Greece.
Persons: Nesmith, Vassilis, Ursula von der Leyen, Kikilias, Angelos Tzortzinis, Maria Sidiropoulou, Chantal Da Silva Organizations: Reuters, Officials, Volunteers, Aris Oikonomou, Getty, Union, Copernicus, NBC Locations: Greece, Varnavas, Athens, , Vrilissia, AFP, EU, Italy, France, Czechia, Romania, Chalandri, European, Libya, Stamata, London
Activist investor Elliott Management is preparing to launch a proxy fight at Southwest Airlines , and intends to nominate as many as 10 directors to the company's 15-person board, according to a person familiar with the matter. Elliott plans to call a special meeting, rather than waiting for the company's annual shareholder meeting, the person said. Elliott needs to own at least 10% of the company in order to call a special meeting, under Southwest's bylaws, a threshold that it will likely cross soon. Southwest rebuffed those requests, and CEO Jordan since told CNBC that Elliott's engagement with the company had not been meaningful. The activist had already intimated that it would seek to call for a special meeting in its second letter to Southwest's board.
Persons: Elliott, Southwest's, Bob Jordan, Gary Kelly, Jordan, Brian Niccol Organizations: Elliott Management, Southwest Airlines, CNBC, Starbucks, Southwest, Budget, Spirit Airlines, Wall Street Locations: U.S
British counterterrorism police charged seven people with violent disorder on Tuesday, after a group of pro-Palestinian demonstrators forced their way into a building owned by an Israeli defense firm in southwest England. Seven people ages 20 to 51 were charged with criminal damage and violent disorder, the police said in a statement. One man, age 22, was also charged with assault. The Crown Prosecution Service, the public prosecutor for England and Wales, said it would argue in a court hearing on Tuesday “that these offenses have a terrorist connection.”The seven individuals are accused of taking part in a raid in the early hours of Aug. 6 that targeted Elbit, an Israeli defense firm whose British subsidiaries employ around 700 people across 16 sites.
Persons: Organizations: Crown Prosecution Service Locations: England, Wales
British counterterrorism police charged seven people with violent disorder on Tuesday, after a group of pro-Palestinian demonstrators forced their way into a building owned by an Israeli defense firm in southwest England. Seven people ages 20 to 51 were charged with criminal damage and violent disorder, the police said in a statement. One man, age 22, was also charged with assault. The Crown Prosecution Service, the public prosecutor for England and Wales, said it would argue in a court hearing on Tuesday “that these offenses have a terrorist connection.”The seven individuals are accused of taking part in a raid in the early hours of Aug. 6 that targeted Elbit, an Israeli defense firm whose British subsidiaries employ around 700 people across 16 sites.
Persons: Organizations: Crown Prosecution Service Locations: England, Wales
The message to the airline industry: You've had a few too many screwups to be left to your own devices. Over the past couple of years, the Biden administration has introduced a slew of rules and services intended to make airline passengers' lives easier. The airline industry seems to be relatively on board with the refund idea. But there are plenty of other problems with the airline industry that need solving — some the government can take care of, and some the government is causing. Gallup polls suggest more Americans have a negative view of the airline industry than a positive one.
Persons: You've, Bob Mann, William McGee, Joe Biden's, Pete Buttigieg, Biden, pocketbooks, They've, Janet Bednarek, Buttigieg, , it's, It's, Bednarek, McGee, Mann, George Ferguson, wasn't, Emily Stewart Organizations: Boeing, Delta, Department of Transportation, Airlines, American Economic Liberties, Southwest, University of Dayton, Federal Aviation Administration, Airlines for America, Biden, Bloomberg Intelligence, FAA, Gallup, Business
Introduction to the Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Plus Credit Card is perfect for infrequent Southwest travelers who want some benefits with this airline without paying a high annual fee. Southwest Rapid Rewards® Plus Credit Card BenefitsThe Southwest Rapid Rewards® Plus Credit Card doesn't come with some of the other benefits offered by other Southwest cards, such as elite-qualifying points or travel credits. Southwest Rapid Rewards Plus Credit Card Annual Fee and Other CostsThe Southwest Rapid Rewards® Plus Credit Card, in addition to charging a $69 annual fee, also charges foreign transaction fees of 3% of the amount of each transaction in U.S. dollars. Southwest Rapid Rewards® Priority Credit Card vs. Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Priority Credit Card is Southwest's top-tier consumer credit card, and the one you should consider if you frequently fly Southwest. Southwest Rapid Rewards Plus Credit Card Frequently Asked QuestionsWhat are the main benefits of the Southwest Rapid Rewards® Plus Credit Card?
Persons: cardholders, HBO Max, they'll, you'll, Chase, Cardholders, You'll, Jasmin Baron, Read, Angela Fung Organizations: Business, Rewards, Card, Southwest, Rapid, Southwest ®, FDIC, Apple, Disney, ESPN, HBO, Hulu, Netflix, Pandora, Paramount, Showtime, Spotify, YouTube, Central America, U.S, Premier, Chase Southwest Rapid, Chase, Sapphire, Southwest Rapid, Southwest Airlines, Chase Bank, Finance Locations: Southwest, Hawaii, Caribbean, Mexico, Central America, U.S, Central, Southwest airfare, Chase, Canada
Read previewDonald Trump took several trips over the weekend on a private jet once owned by Jeffrey Epstein. That Gulfstream jet also once carried Jeffrey Epstein, who used the tail number N212JE while he owned it, up until his death in 2019. AdvertisementAccording to public flight records, the Gulfstream jet flew on Friday afternoon from Ontario International Airport in Canada to an airport in Bozeman. It's unclear whether Trump or anyone on his campaign knew the plane was once owned by Epstein. Epstein owned at least five different private planes before his death.
Persons: , Donald Trump, Jeffrey Epstein, Jackson, Epstein, Trump hasn't, Mitch Williamson, Trump, didn't, James L, Williamson, Anna Moneymaker, Prince Andrew, Bill Clinton, Kevin Spacey, Naomi Campbell, Marla Maples, Eric, Tiffany Trump Organizations: Service, Gulfstream, Trump, Trump Force, Business, Federal Aviation Administration, JetBlue, International Air Transport Agency, FAA, Boeing, Gulfstream G550, US, Ontario International Airport, Gulfstream GV, Frontier Enterprises, Republican, Federal, Commission, Miami Herald, N550GP, Aviation Group, Aviation, Hawker Siddeley HS, British Aerospace, Daily Mail, Trump Organization, Records Locations: Aspen, Paris, New, Teterboro, WN, Billings , Montana, Bozeman, Canada, Wyoming, Colorado, Ontario, Manhattan, Palm, California, Palm Beach and New York City
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