Posts with tag: news
Billionaire investor Bill Ackman's Pershing Square makes revised bid to buy 48% of Howard Hughes Holdings (HHH) for $900 million.
Published on: February 19, 2025, 09:01 AM UTC
UK inflation rose to a 10-month high of 3% in January, above the Bank of England's target of 2%. The increase was driven by higher airfares, food costs, and private school fees. Economists had anticipated an increase to 2.8%.
Published on: February 19, 2025, 08:00 AM UTC
Quad/Graphics Inc. reports Q4 earnings of $4.7 million, or 9 cents per share, on revenue of $708.4 million. For the year, the company reported a loss of $50.9 million, or $1.07 per share, on revenue of $2.67 billion.
Published on: February 18, 2025, 11:06 PM UTC
Uber has moved to a zero-commission model for its autorickshaw drivers in India and will instead charge them a subscription fee, mirroring a strategy followed by local rivals as competition intensifies.
Published on: February 18, 2025, 03:00 PM UTC
The future of low-cost airlines is uncertain as costs soar and passengers demand more comfortable seats. Southwest, JetBlue, and Frontier are all struggling to remain profitable, and Spirit Airlines has rejected two acquisition proposals.
Published on: February 18, 2025, 01:03 PM UTC
Airline industry experts discuss the challenges facing low-cost carriers amid rising costs and changing passenger preferences. Industry giants like Southwest are adopting new strategies, while JetBlue's recent outlook has disappointed investors.
Published on: February 18, 2025, 10:01 AM UTC
European bonds dip and defense stocks rally as geopolitical tensions heighten, boosting defense spending and potentially increasing government borrowing.
Published on: February 17, 2025, 04:00 PM UTC
Despite a hotter-than-expected inflation report, the Federal Reserve remains hesitant to cut interest rates, putting President Trump on a potential collision course with the Fed.
Published on: February 17, 2025, 02:02 PM UTC
Baidu shares plummet after its founder's absence at a meeting with China's president, sparking speculation about the company's standing in the market.
Published on: February 17, 2025, 10:00 AM UTC
JPMorgan Chase expects criticism for business practices, including diversity, equity and inclusion (DEI).
Published on: February 15, 2025, 12:00 AM UTC