[ad_1] A United Airlines Boeing 777-200 lands at San Francisco International Airport, San Francisco, California. Louis Nastro | Reuters United Airlines on Thursday said it was giving pilots 5% raises that were part of a pandemic cost-reduction agreement months ahead of schedule, citing the carrier’s return to profitability and upbeat …
Read More »Travel has edge over shopping this holiday season amid inflation
[ad_1] Retailers have a new threat this holiday season: wanderlust. Americans are returning to the skies, filling hotels, swarming theme parks — and they’re showing a willingness to spend more of their money on trips. That is setting up the fiercest holiday season battle for consumers’ wallets since before the Covid pandemic, with …
Read More »U.S. airlines’ pilot contract negotiations turn rocky
[ad_1] Delta Airlines pilots make their way to Terminal 4 to picket for a new contract at JFK International Airport on September 01, 2022 in New York City. Michael M. Santiago | Getty Images U.S. airlines are profitable again, and their pilots want a bigger cut of the industry’s recovery. …
Read More »UPS reports Q3 earnings
[ad_1] United Parcel Service driver pulls away after making a delivery in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images United Parcel Service reported mixed third quarter results Tuesday morning, posting earnings that beat analyst expectations and revenue that fell short of predictions. Here’s how the company performed compared …
Read More »American Airlines pilot union prepares to seek federal mediation in contract talks
[ad_1] American Airlines jet parked at LaGuardia International Airport in New York. Adam Jeffery | CNBC American Airlines‘ pilot union is taking steps toward seeking federal mediation in contract negotiations as talks with the country’s largest carrier drag on, according to a note from the labor group. The Allied Pilots …
Read More »XPO Logistics (XPO) releases preliminary 3Q results
[ad_1] The XPO Logistics Inc. logo on a truck departing the company’s distribution hub in Barcelona, Spain, on Thursday, May 12, 2022. Angel Garcia | Bloomberg | Getty Images Trucking company XPO Logistics on Monday said it expects to post third quarter revenue that would come in below analysts’ expectations. …
Read More »Jim Cramer goes over the best and worst Q3 performers in the S&P 500
[ad_1] CNBC’s Jim Cramer on Tuesday gave his take on the winning and losing stocks in the S&P 500 during the third quarter. “This is a harsh market with harsh criteria. Constellation Energy and Enphase can meet those criteria, but everything else in the winner’s circle seems capricious, and the …
Read More »Why investors should be focused on fourth-quarter earnings forecasts
[ad_1] As third-quarter earnings season gets underway, investors will be missing a good chunk of the action if they ignore guidance for the fourth quarter. By the day, it’s getting more and more clear that expectations for the final quarter of the year are too high. Companies from a variety …
Read More »Air cargo rates slump but some companies see long-term strength
[ad_1] The cost of shipping air freight around the world is slumping, but some companies say the world’s shift to flying goods around the world will keep the market attractive for years. “I don’t think it’s going to give back share to other forms of transportation,” Boeing CEO Dave Calhoun …
Read More »Cooling demand means raising prices becomes a test of how well companies know their customers
[ad_1] It’s time to sort the strong management teams from the weaker ones. As the country reopened after pandemic closures, price hikes were essentially a sure bet. There was plenty of pent-up demand and products were sometimes scarce due to supply chain issues. Companies also hiked prices as a necessity …
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