American Airlines has raised its earnings outlook for 2023 due to a strong start to the peak travel season, benefiting from the continued surge in demand. Despite this positive outlook, the airline expects its unit revenues to drop by up to 6.5%
Local business proprietors are expressing their discontent with appeals from certain government officials, airlines, and celebrities advising tourists to avoid visiting Maui following the devastating wildfires that ravaged the town of Lahaina, resulting in a tragic loss of at least 114 lives.
GoDaddy has introduced a groundbreaking tool named Instant Video within the GoDaddy Studio app, designed to empower small business owners to confidently create content. In response to the escalating demand for video-centric digital marketing and social commerce, this AI-powered feature comes at
Minnie Marie Bakers, Inc., an established company with a rich 113-year history, is in the process of finalising the closure of its production plant located in Livonia. The planned shutdown is scheduled for September 30th or a later date, pending the company’s
Skincare chain L’Occitane International’s shares have experienced a significant uptick following the revelation that its billionaire chairman is contemplating a move to take the company private. In response to the news, the company issued a confirmation on Friday that Reinold Geiger, its
In the period from April to June, there has been a significant upsurge in wage growth, as indicated by recently released official data. The rate of regular pay has surged by 7.8%, marking the highest annual growth rate since records of this
Early signs of consumers adjusting to higher prices and returning to previous buying habits have been observed, according to A. Ryals McMullian, CEO of Flowers Foods, Inc. These comments were made alongside the company’s announcement of sales and earnings growth for the
News Corporation, headed by Rupert Murdoch, has reported a significant 75% decline in its full-year profit, but remains optimistic about future opportunities as it expands its use of cost-saving AI-generated content. The US-listed media conglomerate, which owns media outlets in the US,
Social media company X, formerly recognised as Twitter, has decided to discontinue the practice of allowing advertisers to promote their accounts within the platform’s timeline in order to attract new followers, as per a report by Axios on Tuesday. The decision was
Yellow Corp., a trucking company that has grappled with financial challenges and mounting debt, has taken the step of declaring bankruptcy, marking a significant development within the U.S. transportation sector and impacting shippers across the country. This Chapter 11 bankruptcy filing, submitted
Meta, the parent company overseeing Facebook and Instagram, has initiated the blocking of news articles on its social networking platforms within Canada. This decision is a response to a recent Canadian law mandating tech firms to compensate news sources for the usage
