United Airlines (UAL) 1Q 2024 earnings
A United Airlines Boeing 737 Max 9 aircraft lands at San Francisco International Airport. Justin Sullivan | Getty Images United Airlines on Tuesday cut its aircraft-delivery expectations for the year as it grapples with delays from Boeing, the latest airline to face growth challenges because of the plane-maker’s safety crisis. United expects to receive just […]
ETFs that buy bank stocks are under pressure, lagging U.S. equities market
Exchange-traded funds that hold bank stocks were under pressure Tuesday, lagging the broader U.S. equities market.
Planet Fitness names new CEO, shares fall
A portrait of Colleen Keating. Courtesy of Planet Fitness Planet Fitness announced Tuesday that Colleen Keating will take over as the fitness club’s new CEO, effective June 10. Craig Benson, who has been serving as interim CEO since the departure of Chris Rondeau in September, will remain on the board of directors. The announcement comes […]
TGI Fridays to go public through merger with its U.K. franchisee
The TGI Fridays logo is seen on one of its restaurants in London, U.K., on May 27, 2020. John Lamparski | Lightrocket | Getty Images TGI Fridays and Hostmore, the chain’s U.K. franchisee, announced plans to merge on Tuesday. The all-share deal is valued at 177 million pounds, or $220 million. If it closes, TGI […]
Teslas have never been this cheap. Here’s why leasing or buying a used one may be the best deal.
The EV maker, which is laying off workers, has been slashing prices. ‘There’s a great opportunity for used-car buyers.’
Moderna halts Kenya vaccine plant plans as Covid shot demand plunges
A nurse prepares a dose of Moderna Covid-19 vaccine at Oltepesi Dispensary in Kajiado, Kenya, on September 9, 2021. Patrick Meinhardt | AFP | Getty Images Moderna on Thursday said it has paused plans to build a vaccine-manufacturing site in Kenya after a steep drop in demand for its Covid vaccines. The biotech company said […]
StepStone’s stock rises after J.P. Morgan upgrades asset manger to overweight
Shares of private-markets investment manager and data provider StepStone Group Inc. rose 5.4% on Thursday after the stock drew an upgrade to overweight from neutral at JPMorgan Chase on Thursday on growth expectations for the sector.
Goldman Sachs promotes Carey Halio to global treasurer
Carey Halio, Goldman Sachs’ head of strategy and investor relations, is getting promoted to global treasurer at the bank, according to people familiar with the matter. Her new role, effective June 1, encompasses authority over the firm’s more than $1.6 trillion balance sheet, with responsibilities including overseeing the firm’s liquidity, funding and capital. She will […]
Lufthansa halts Tehran flights after U.S. warns of imminent attack on Israel by Iran
Lufthansa suspended flights to and from Tehran due to heightened security risks in the Middle East after U.S. officials said that an attack on Israeli assets by Iran or its proxies could be imminent.
Top 10 fastest-growing retail brands in the U.S., according to Yelp
The new restaurant in your neighborhood may look familiar. Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last year, according to a new Yelp report. Review site Yelp compiled the list by using a blended metric that includes net new openings, searches on […]
