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3 mins read
Southwest will never be the same again
Southwest has caved to pressure to change its long-standing low-cost playbook in favor of an airlin…
Taylor Rains
3 mins read
Indian stocks accumulated stellar returns this week; Sensex jumped 1,600 points
Indian stock indices closed Friday's trade on a steady note and closed this week on a flyer, defyin…
ANI
2 mins read
Market cap of BSE-listed companies touches USD 5 trillion, aided by ongoing rally in Indian stock markets
The market capitalisation of companies listed on BSE has touched a milestone of USD 5 trillion, hit…
ANI
2 mins read
Southwest is ditching its unassigned seat policy for the first time
The change to one of Southwest's best-known policies comes as it faces falling profits and pressure…
Nora Redmond
5 mins read
Southwest ditching its unassigned seat policy shows how budget airlines' business models are getting upended
Low-budget airlines are rethinking their business models as they face an uphill battle for not foll…
Dan DeFrancesco
2 mins read
An activist investor with a new $1.9 billion stake in Southwest is calling for big changes at the airline
Southwest touts itself as the "LUV" airline, with free checked bags and no change fees. An activist…
Taylor Rains
2 mins read
High food prices raise concerns but improved monsoon offers hope for RBI: SBI report
Volatility in prices of food items like tomatoes, onions, and potatoes has challenged India's Monet…
ANI
3 mins read
RBI Governor Shaktikanta Das projects 7.2% GDP growth for 2024-25, reports eased inflation to 5.1% in June
RBI Governor Shaktikanta Das says inflation will moderate from July onwards as the monsoon has impr…
ANI
4 mins read
Southwest is under pressure to make big changes to its planes, flights, and bag rules: Here's what they could all look like
Changes could touch Southwest's longtime, fan-favorite perk: free checked bags. Charging for them w…
Taylor Rains
3 mins read
India's retail inflation eases further in May; here's what experts say
Annual retail inflation in May was at a 12-month low of 4.75 per cent, marginally down from 4.83 pe…
ANI
2 mins read
Vegetable prices to remain high until June due to above-normal temperature
According to a report by CRISIL, this trend, driven by erratic weather patterns and climate change,…
ANI
2 mins read
Bank of America upgrades airline stocks on stock-market momentum, but warns the industry is still vulnerable with valuations above pre-pandemic levels
Bank of America analyst Andrew G. Didora has a buy rating for JetBlue, Alaska Airlines, and Southwe…
Emily Graffeo
2 mins read
Southwest will soar 47% as domestic focus and strong balance sheet outshine rivals, Goldman says
The bank's analysts pushed their forecast for a full airline-industry recovery to 2023 from 2022, c…
Ben Winck
1 min read
Airline stocks drop after Trump ends stimulus talks
Airlines were expected to be large beneficiaries of the next stimulus package. On Friday Pelosi tol…
Emily Graffeo
1 min read
Delta and other airline stocks climb as the carrier reports huge demand for flights as fuel costs surge
Fading Omicron cases prompted strong demand from spring break and business travelers, said Delta.
Carla Mozée
2 mins read
Reopening stocks from airlines to cruise operators are getting hammered as Delta strain drives surge of infections
The CDC on Monday advised Americans to avoid traveling to the UK because of rising coronavirus case…
Carla Mozée
2 mins read
Bitcoin extends climb above $60,000 threshold on imminent ETF approval
Bitcoin rose as much as 5.5% on Monday to $62,667, according to Bloomberg data. ProShares said its …
Isabelle Lee
4 mins read
I wanted to rent forever. But buying a home didn't just improve my life — it boosted my career and savings.
Renting allowed author Jules Rogers to invest, move for career opportunities, and not be tied down.…
Jules Rogers
2 mins read
Sensex hits all time high, defence stocks in focus
Indian stock indices traded positively on Wednesday morning, tracking firm cues from overseas peers…
2 mins read
Southwest's ex-CEO turned the airline into a 'cult' that couldn't recover from its 'meltdowns', says pilots' union official
Captain Tom Nekouei said in a scathing open letter that Gary Kelly prioritized shareholder returns …