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Business

U.S. airlines cut growth plans in a bid to stem profit-eating fare discounts

Airplanes from United and JetBlue and Delta populate the taxiway at Laguardia Airport in the Queens borough of New York City. Bruce Bennett |...

Ford, GM, Stellantis face a daunting second half of 2024

New Jeep vehicles sit on a Dodge Chrysler-Jeep Ram dealership's lot on October 03, 2023 in Miami, Florida.Joe Raedle | Getty Images News...

Philips shares jump 8% on second-quarter growth in North America

The Philips office building in Warsaw, Poland, on July 29, 2021.Nurphoto | Nurphoto | Getty ImagesShares of Dutch device maker Philips jumped more...

The ‘great rotation’ faces its biggest test yet: earnings from Microsoft, Meta, Apple and Amazon

When I was a cub reporter in Los Angeles, covering crime for the now-deceased Los Angeles Herald Examiner, we used to joke that...

FAA approves SpaceX to resume Falcon 9 rocket launches after two-week hiatus

A Falcon 9 rocket launches a Starlink mission on January 31, 2023 from Vandenberg Space Force Base in California.SpaceXThe Federal Aviation Administration has...

Sales of $100 million homes set to double this year as trophy properties recover

A view of the Central Park Tower at 217 West 57th St. in New York City.Source: Cody Boone, SERHANT StudiosA version of this...

LVMH CEO Bernard Arnault says Olympics sponsorship honors the spirit of France

For the first time a luxury brand is an Olympic sponsor. And it's not just one brand, it's the empire of LVMH."We tried...

Paris Olympics is the latest test of whether sports can win subscribers for NBC’s Peacock

The Paris 2024 logo representing the Olympic Games is displayed near the Eiffel Tower in Paris on April 21, 2024, in anticipation of...

Dexcom shares plummet more than 30% after company lowers fiscal year guidance

The Dexcom logo is seen on a smartphone screen and in the background.Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesShares of...

Honeywell drops on cuts to guidance. Here’s why it may provide an opportunity

Shares of Honeywell slid Thursday as strong second-quarter results are being overshadowed by a mixed update to management's outlook for the remainder of...

Strong earnings from industrial AI play Dover prove the stock belongs in our portfolio

Dover on Thursday delivered better-than-expected second-quarter earnings and raised its full-year guidance — an all-around strong report that validates our decision to take...

Boeing’s crewed Starliner flight won’t return until at least August, NASA says

Boeing's Starliner spacecraft is pictured docked to the International Space Station.NASABoeing's crew spacecraft Starliner will stay docked with the International Space Station into...

Hasbro beats second-quarter estimates, goes ‘all in’ on digital gaming segment

Hasbro board games are seen for sale at a Target store on December 12, 2023 in Austin, Texas. Brandon Bell | Getty ImagesToy company...

Shares of Gucci-owner Kering hit seven-year low after weak forecast, revenue drop on low China sales

The Gucci store on Fifth Avenue is seen on March 20, 2024 in New York City.Michael M. Santiago | Getty Images News |...

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