Author: franperez66q@protonmail.com
A Southwest Airlines Boeing 737 airplane lands at Los Angeles International Airport after arriving from Chicago on March 7, 2026.Kevin Carter | Getty ImagesSouthwest Airlines forecast second-quarter earnings below analyst estimates, citing higher fuel prices, while holding off on updating its full-year 2026 forecast.Southwest expects to earn between 35 cents and 65 cents a share in the current quarter, while analysts polled by LSEG expected 55 cents a share.The airline in January forecast earnings per share of $4 this year, saying that it expected its new initiatives would pay off. Southwest has sought to increase revenue with checked bag fees…
IBM’s slower revenue growth fans AI worries, shares fall Source link
Crypto scammers are targeting the thousands of ships stranded near the Strait of Hormuz—and at least one ship that faced Iranian gunfire may have been tricked into believing it had paid Iran for safe passage. The first warning of such a crypto scam came from the Greek maritime risk management company MARISKS on April 20, according to Reuters. The company alerted shipowners that scammers posing as Iranian authorities had sent messages to shipping companies asking for “transit fee” payments in bitcoin or tether. That may be particularly confusing for shipping companies because of how Iran has asserted control over the…
U.S. House Minority Leader Hakeem Jeffries (D-NY) speaks with reporters as he walks to his office following a press conference at the U.S. Capitol building on March 27, 2026 in Washington, DC. Samuel Corum | Getty ImagesA Virginia circuit court judge on Wednesday issued an order blocking the results of a congressional redistricting referendum that could net Democrats four extra seats in the U.S. House of Representatives in 2026.Virginia Attorney General Jay Jones, in a statement, vowed to fight the order issued by Tazewell County Circuit Court Judge Jack Hurley, a Republican appointee, a day after Tuesday’s referendum approved the…
US Navy Secretary John Phelan speaks about the US Navy’s new Golden Fleet initiative, unveiling a new class of warships, at Mar-a-Lago in Palm Beach, Florida, on Dec. 22, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesSecretary of the Navy John Phelan is leaving the Trump administration “effective immediately,” a spokesman for the Department of Defense said in a statement Wednesday.The spokesman, Sean Parnell, did not provide an explanation for Phelan’s sudden departure. Reuters, citing a source familiar with the matter, reported later Wednesday that Phelan had been fired. “On behalf of the Secretary of War and Deputy Secretary of War,…
Tesla surprises with cash surplus, buying time for Musk’s big bets Source link
IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025.Andy Wenstrand | Sxsw Conference & Festivals | Getty ImagesInternational Business Machines CEO Arvind Krishna told CNBC on Wednesday that the Iran war and other geopolitical uncertainty are leading the company to guide cautiously.IBM beat analyst first-quarter earnings estimates on the top and bottom lines, but maintained guidance due to the macro uncertainty.”Is there going to be an issue around oil as inflation goes up? Will that drive people to spend a bit less? If they spend a bit less, it’s not a direct impact…
The figures provide the first official look at the impact of the Iran war on the cost of living in the UK. Source link
Pipework at the Humber Refinery, operated by Phillips 66, and the Humber estuary near South Killingholme, north-east England on March 11, 2026. Oli Scarff | Afp | Getty ImagesThis report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here.The dispatchIf Britain should have learned one lesson from the pandemic and Russia’s subsequent invasion of Ukraine, it is the importance of security of supply, whether in food, energy, fertiliser or other commodities.The Middle East crisis suggests it was not.Poor supply chain resilience may soon lead to shortages in refined oil products and, in particular, diesel…
Lululemon store sign in London, March 2, 2026.Peter Dazeley | Getty ImagesLululemon on Wednesday named Heidi O’Neill as the athleisure company’s new CEO, effective Sept. 8. The news comes after the company has seen more than a year of disappointing performance and is embroiled in a dramatic proxy battle, with founder Chip Wilson criticizing the business.Shares of the company sank more than 5% in extended trading.O’Neill has held multiple roles at Nike, contributing to the sportswear behemoth’s growth. She also held positions at Levi Strauss, Hyatt Hotels and Spotify. “Heidi is an inspiring leader and proven, consumer-driven brand strategist, with…