Month: September 2024

Southwest Chair Kelly to step down next year as activist Elliott pushes for changes at airline
Business

Southwest Chair Kelly to step down next year as activist Elliott pushes for changes at airline

A Southwest Airlines plane takes off from Hollywood Burbank Airport above other Southwest planes on July 25, 2024 in Burbank, California.  Mario Tama | Getty Images Southwest Airlines said Tuesday that executive chairman and former CEO Gary Kelly will retire next year and announced a board shakeup, moves that comes as the carrier faces pressure […]

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Presidential debate live updates: Trump and Harris face off in Philadelphia
Politics

Presidential debate live updates: Trump and Harris face off in Philadelphia

7 in 10 Americans plan to watch the debate, NPR poll finds Nearly three quarters of American voters say they will watch the debate tonight, according to the latest poll by NPR, PBS News and Marist. The debate between Trump and Biden earlier in June drew 51.3 million viewers, down from the record 73.1 million […]

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Stocks making the biggest moves before the open: Apple, Oracle, Boot Barn, Mission Produce and more
Finance

Stocks making the biggest moves before the open: Apple, Oracle, Boot Barn, Mission Produce and more

Check out the companies making headlines in premarket trading. Mission Produce — The avocado producer surged 21.6% after reporting revenue for the fiscal third quarter jumped 24% from a year ago. The company reported sales of $324 million, compared with $261.4 million in the same three-month period one year before. Rival avocado producer Calavo Growers […]

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5 things to know before the stock market opens Tuesday
Politics

5 things to know before the stock market opens Tuesday

Here are the most important news items that investors need to start their trading day: 1. A bright spot 2. More bites at the Apple Apple announced a range of new products Monday, as it tries to boost sales of its all-important iPhone. It unveiled multiple new versions of the device — the iPhone 16, […]

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Why a Disney vacation may have gotten too pricey for the average American family
Travel

Why a Disney vacation may have gotten too pricey for the average American family

The U.S. travel sector has been surprisingly resilient when it comes to travel. Domestic travel numbers have returned to pre-pandemic levels and air travel has surged even as more than a third of travelers planned to take on debt for summer trips. However, inflation-weary consumers might be taking their money elsewhere when it comes to […]

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Why a Disney vacation may have gotten too pricey for the average American family
Travel

Why a trip to Disney World or Disneyland may have gotten too pricey for the average American family

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Theme parks like Disney World and Disneyland are quickly becoming out of reach for many middle class families. Over the past 10 years, the average cost for a Disney World single-park ticket has increased more than 56%, above the national rate of […]

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BMW trims 2024 profit margin on technical issues, weak China demand
World

BMW trims 2024 profit margin on technical issues, weak China demand

Spencer Platt | Getty Images News | Getty Images BMW trimmed its profitability guidance for 2024 on Tuesday, pointing to technical problems that led to delivery stops for cars as well as persistently sluggish demand in the key market of China. The German carmaker said it expects its margin of earnings before interest and taxes […]

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Sales of  million homes surge in Palm Beach and New York
Business

Sales of $10 million homes surge in Palm Beach and New York

Tarpon Island, a private island in Palm Beach, Florida, sold for $150 million in May 2024. CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Sales of ultra-luxury homes surged in […]

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Britain does a bad job at keeping globally relevant tech firms, former Arm CEO says
World

Britain does a bad job at keeping globally relevant tech firms, former Arm CEO says

Warren East, former CEO of Rolls Royce and Arm, speaking at a tech event in London on June 13, 2022. Luke MacGregor | Bloomberg via Getty Images CAMBRIDGE, England — The U.K. is doing a bad job of commercializing technology businesses globally and needs a mindset shift from the investor community to win on the […]

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SpaceX launches Polaris Dawn mission, which will attempt the first private spacewalk
World

SpaceX launches Polaris Dawn mission, which will attempt the first private spacewalk

A SpaceX Falcon 9 rocket with the Crew Dragon Resilience capsule, carrying the crew of the Polaris Dawn Mission. Chandan Khanna | Afp | Getty Images SpaceX’s Polaris Dawn mission launched on Tuesday from Florida on a Falcon 9 rocket, which carried the Dragon capsule “Resilience” into orbit. It’s the first of three missions that […]

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