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Airlines warn about spike in fuel costs, Southwest narrows revenue outlook

A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Major U.S. airlines warned about a spike in jet fuel prices, adding to costs during the busy summer travel season. Jet […]

Airlines warn about spike in fuel costs, Southwest narrows revenue outlook

A bird flies by in the foreground as a Southwest Airlines jet comes in for a landing at McCarran International Airport on May 25, 2020 in Las Vegas, Nevada. Ethan Miller | Getty Images Major U.S. airlines warned about a spike in jet fuel prices, adding to costs during the busy summer travel season. Jet […]

Warner Bros. Discovery CEO says writers, actors strikes need to end

Warner Bros. Discovery CEO David Zaslav. Olivia Michael | CNBC The media industry is in a transitional moment — from streaming to traditional TV — and the focus needs to be on ending the writers and actors strikes, Warner Bros. Discovery CEO David Zaslav said on Wednesday. “We’re a content company. We’re a storytelling company. […]

NY man Ryan Furtado killed ‘instantly,’ suit says

Cari Gundee rides her Peloton exercise bike at her home in San Anselmo, California, April 6, 2020. Ezra Shaw | Getty Images The family of a New York man claims he was killed by his Peloton bike just six months after buying it, but the company insists that his own negligence caused his death, according […]

British American Tobacco finalizes Russia exit

British American Tobacco has finalized its exit from Russia about 18 months after it pledged to do so in the wake of Moscow’s invasion of Ukraine. The multinational cigarette maker said in a statement Thursday it agreed “to sell its Russian and Belarusian businesses in compliance with local and international laws.” Financial terms of the deal […]

British American Tobacco finalizes Russia exit

British American Tobacco has finalized its exit from Russia about 18 months after it pledged to do so in the wake of Moscow’s invasion of Ukraine. The multinational cigarette maker said in a statement Thursday it agreed “to sell its Russian and Belarusian businesses in compliance with local and international laws.” Financial terms of the deal […]

Carl Icahn supports new Illumina CEO Thaysen after proxy fight

Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn on Thursday expressed his support for Illumina‘s new CEO Jacob Thaysen – a relief for the company as it tries to rebound from a bitter proxy fight with the billionaire activist investor.  “I think he […]

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