American Airlines plane Silas Stein | picture alliance | Getty Images American Airlines pilots’ union announced on Thursday that they have agreed to an improved offer for a new labor contract. This comes less than two weeks after a more lucrative deal at United Airlines disrupted the voting process at American. The revised preliminary agreement …
Get ready for your trading day with these important news updates: 1. Dow Jones Engages in Strong Momentum Ahead of Fed Announcement As the new trading week begins, stock futures are showing a slight upward trend. The Dow Jones Industrial Average concluded last Friday with minimal gains but managed to achieve its longest winning streak …
An American Airlines plane takes off from Miami International Airport on May 2, 2023, in Miami, Florida. Joe Raedle | Getty Images American Airlines has increased its offer for a new pilot contract by over $1 billion to match the preliminary agreement reached last week between rival United Airlines and their pilots. The updated offer …
An American Airlines 777 is loaded with cargo at Philadelphia International Airport. Leslie Josephs/CNBC Airlines’ cargo revenue is experiencing a slump, which is actually a positive sign for the recovery of the travel industry. Delta, United, and American have reported year-over-year declines of approximately 40% in their second-quarter cargo revenue. In the first half of …
Johnson & Johnson Covid-19 vaccines are seen on a table on May 7, 2021 in Los Angeles, California. Frederic J. Brown | AFP | Getty Images Discover the latest market movers during midday trading. Netflix — Netflix’s stock declined by over 8% following its mixed quarterly results. While the company exceeded earnings per share expectations …
The Netflix logo is displayed on one of their buildings in Los Angeles, California. Netflix, the streaming giant, experienced a decline of nearly 7% in its stock price after reporting mixed quarterly results. The company posted earnings of $3.29 per share on $8.19 billion in revenue, surpassing analysts’ expectations. However, analysts had anticipated earnings of …
A United Airlines airplane soars through the skies of New York City, passing by iconic landmarks like the Empire State Building and One Vanderbilt, as it prepares to land at Newark Liberty International Airport in New Jersey. (Photo by Gary Hershorn | Corbis News | Getty Images) United Airlines, one of the major players in …
Pilots from United Airlines are seen walking inside the airport as they participate in an informational picket at Newark Liberty International Airport in Newark, New Jersey on May 12, 2023. Eduardo Munoz | Reuters United Airlines and its pilots’ union have reached a preliminary labor agreement that includes salary increases of up to 40.2% over …
American and JetBlue have made the decision to stop selling seats on each other’s flights starting next Friday. This comes after a federal judge ruled that their partnership in the Northeast violated antitrust laws. The judge ordered the airlines to end their partnership, which allowed them to share passengers, revenue, and coordinate schedules in the …
Below is the rewritten content: A wallet displays a UnitedHealth Group health insurance card. (Oct. 14, 2019) Image: Lucy Nicholson | Reuters Discover the latest market movers during midday trading. JPMorgan Chase — Despite reporting strong second-quarter results, JPMorgan Chase’s shares experienced a slight decline. The bank benefited from higher interest rates and outperformed in …