Business
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Southwest raises revenue forecast, plans share buybacks in activist battle
September 26, 2024
Southwest raises revenue forecast, plans share buybacks in activist battle
The airline’s first flights with assigned seats are expected to take off in 2026, in a series of radical changes…
Stocks with the biggest moves at midday: MU, SMCI, LUV
September 26, 2024
Stocks with the biggest moves at midday: MU, SMCI, LUV
See the companies making headlines in midday trading. Micron Technology, a chip stock — Shares jumped nearly 13% after the…
Cargo ship explodes near UK after being rejected by European countries
September 26, 2024
Cargo ship explodes near UK after being rejected by European countries
Unlock Digest Editor for free FT Editor Roula Khalaf picks her favourite stories in this weekly newsletter. A damaged ship…
Southwest Plans to Cut Flights to Atlanta to Save Money, and Its Unions Aren’t Happy
September 26, 2024
Southwest Plans to Cut Flights to Atlanta to Save Money, and Its Unions Aren’t Happy
Southwest Airlines plans to eliminate about a third of its flights to Atlanta next year to save money as the…
FedEx cuts full-year outlook after posting lower profit and revenue
September 26, 2024
FedEx cuts full-year outlook after posting lower profit and revenue
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the domestic US express delivery market.
Mayor Eric Adams Indicted in NYC
September 26, 2024
Mayor Eric Adams Indicted in NYC
New York City Mayor Eric Adams speaks during a news conference at City Hall, after it was announced he had…
Kamala Harris Lays Out Pro-Business Economic Philosophy in Speeches in Swing States
September 26, 2024
Kamala Harris Lays Out Pro-Business Economic Philosophy in Speeches in Swing States
Unlock the free US Election Countdown newsletter The big stories about money and politics in the race for the White…
China’s Envision Energy Seeks Next Green Breakthrough
September 25, 2024
China’s Envision Energy Seeks Next Green Breakthrough
The number of energy companies committing to a green transition continues to grow. Some pioneers are still leading the way,…
Nike CEO John Donahoe steps down after difficult tenure
September 25, 2024
Nike CEO John Donahoe steps down after difficult tenure
Nike said John Donahoe will retire from his role as chief executive officer and board director, and will be succeeded…
Goldman recommends buying Tesla call options ahead of two big events in October
September 25, 2024
Goldman recommends buying Tesla call options ahead of two big events in October
October promises to be a busy news month for Tesla, and that makes the electric car stock a prime candidate…