Ariane Gorin, Expedia CEO, joins ‘Squawk on the Street’ to discuss the company’s quarterly earnings results, where consumers are trading down, and where the weakness in the consumer is coming from.
Expedia CEO on Q2 results: Seeing softness and slight trade down in U.S. hotel space
Travel
Boeing starts furloughing tens of thousands of employees amid machinist strike
Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024. M. Scott Brauer | Bloomberg | Getty Images Boeing will furlough a “large number” of U.S. executives, managers and other staff, citing the ongoing machinist strike as the company races to preserve cash, […]
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Travel
These are the ’50 best hotels’ in the world for 2024
What has 101 suites and villas, views over Bangkok’s Chao Phraya river and costs from $600 per night? Capella Bangkok, 2024’s ‘best’ hotel in the world, according to ’50 Best.’ That’s the collective view of 600 anonymous global voters, comprising travel journalists, hoteliers and seasoned travel specialists, which determined the results of “The World’s 50 […]
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Travel
A push toward sustainable jet fuel is leaving investors with unanswered questions
Neste Oyj’s Singapore refinery in Singapore, one of the world’s biggest SAF plants, under construction on Wednesday, June 22, 2022. The site was chosen because its already a petrochemicals center with sound logistical connections and talent is readily available. Bloomberg | Bloomberg | Getty Images The aviation industry still sees so-called “sustainable aviation fuel” (SAF) […]
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