While post-pandemic air travel is still at record heights, not every airline has been able to reap in the benefits when it comes to profits. After a federal judge blocked JetBlue Airways (JBLU) ’ plan Read more…
Ever since a federal judge blocked its effort to acquire budget airline Spirit (SAVE) for $3.6 billion at the start of 2024, New York-based JetBlue Airways (JBLU) has had to look for other ways to grow Read more…
Panera Bread is making a major change to its menu, and it involves the removal of a controversial drink that has landed the company in legal hot water. In two weeks, Panera will remove the Read more…
Shayne Topp, actor and member of viral YouTube channel Smosh, is hoping that “things go wrong” at the channel’s live event on Friday, but in a good way. The veteran sketch comedy YouTube channel, which Read more…
It has been a miserable period for retailers. Companies that were once unqualified success stories have been unable to recover from Covid pandemic-era losses. Retail, especially food-related retail generally has relatively low margins. That makes Read more…
Analysts suggest stocks may have booked the bulk of their gains amid one of the longest pauses between Federal Reserve interest-rate moves. That means investors are pinning hopes for a second-half rally on the strength Read more…
Summary The Bank of England (BoE) held its policy rate at 5.25% at today’s monetary policy announcement, but offered a dovish outlook that suggests rate cuts are now approaching. The BoE said restrictive monetary policy Read more…
TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets open for trading Thursday, May 9. Related: General Motors is switching gears on its EV strategy Read more…
UK 100 hits record high after the BoE rate decision; up 8% year-to-date Next target at 8,500, but fears of an overbought market might delay rally The UK 100 stock index (cash) has been performing Read more…
BTCUSD drops after failing to claim 50-day SMA The price extends its series of lower highs and lows Momentum indicators are tilted to the downside BTCUSD (Bitcoin) had been in a slow but steady recovery since its Read more…