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.
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.
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.
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.
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.
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.
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.
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.
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.
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.