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Southwest Airlines Earnings Hit by Holiday Meltdown
on January 26, 2023 at 11:20 pm
The carrier posted a loss for the latest quarter and expects another loss this quarter as customer cancellations rose and bookings decelerated.
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Intel Slumps on Disappointing Earnings Amid PC Weakness
on January 26, 2023 at 11:16 pm
The once-booming chip industry has been hurt by flagging consumer appetite amid worries over possible recession.
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Bed Bath & Beyond Says Banks Cut Off Its Credit Lines
on January 26, 2023 at 11:05 pm
The retailer said it doesn’t have the funds to repay its banks after they determined the company has defaulted on its credit lines.
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Hunt to set out plan for growth as criticism mounts
on January 26, 2023 at 10:58 pm
It will be scrutinised by businesses who claim the government has no long-term plan for the economy.
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BuzzFeed to Use ChatGPT Creator OpenAI to Help Create Some Content
on January 26, 2023 at 10:11 pm
CEO Jonah Peretti said the publisher would use the technology to make more comprehensive quizzes and interactive content.
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Corporate Layoffs Spread Beyond High-Growth Tech Giants
on January 26, 2023 at 9:57 pm
Dow, IBM and SAP say they will lay off thousands of workers as belt-tightening becomes the new business priority.
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GDP Report Shows Economic Growth Cooled Slightly in Fourth Quarter
on January 26, 2023 at 9:31 pm
U.S. economic growth cooled slightly to a 2.9% annual rate in the fourth quarter, capping a year of high inflation and rising interest rates.
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737 MAX Crash Victims' Families Seek Monitor for Boeing
on January 26, 2023 at 9:11 pm
Crash victims’ families request independent review, public access to plane maker’s reports to Justice Department.
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Airbus to Hire 13,000 Workers as Delivery Delays Rise
on January 26, 2023 at 7:06 pm
The European plane maker plans to expand its staff by 10% to meet surging aircraft and travel demand.
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A Deal for Realtor.com Could Allow CoStar to Better Compete With Zillow
on January 26, 2023 at 6:48 pm
CEO Andrew Florance began building up the company’s residential business in 2020.