Delta Air Lines CEO Ed Bastian on $1.4B profit sharing, travel demand outlook

Delta Air Lines CEO Ed Bastian on .4B profit sharing, travel demand outlook

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s Phil LeBeau and Delta Air Lines CEO Ed Bastian joins ‘Squawk Box’ to discuss the company’s $1.4 billion profit sharing payout, travel demand outlook, Boeing’s 737 Max-10 delivery timeline, and more. Read original article here Denial of responsibility! Pioneer Newz is … Read more

Bitcoin (BTC) regains $1 trillion market cap after price rise

Bitcoin (BTC) regains  trillion market cap after price rise

Bitcoin surged to another more than two-year high on Wednesday, pushing its market cap back over $1 trillion as growing success of U.S. spot bitcoin ETFs turned investor sentiment more positive. The flagship cryptocurrency was last higher by 5% at $51,929.89, according to Coin Metrics. Earlier in the morning it rose to $52,079.00, its highest … Read more

NATO chief concedes spending criticism as allies up defense budget

NATO chief concedes spending criticism as allies up defense budget

NATO Secretary General Jens Stoltenberg speaks during a press conference on the third day of the International Monetary Fund and World Bank annual meeting, in Marrakech, Morocco, October 11, 2023. Susana Vera | Reuters NATO Secretary General Jens Stoltenberg conceded to criticism that some members have been underfinancing the coalition’s defense budget, saying he expects … Read more

Ford facing potential strike of 3,000 UK white-collar workers

Ford facing potential strike of 3,000 UK white-collar workers

The logo of car manufacturer Ford is pictured in Inwood, New York, on February 5, 2024.  Charly Triballeau | AFP | Getty Images LONDON — Ford was warned on Wednesday that more than 3,000 white-collar workers across the U.K. could launch industrial action after union members rejected a pay offer from the U.S. automotive giant. … Read more

London loses another listing, but analysts wary of writing off UK

London loses another listing, but analysts wary of writing off UK

The offices of London Stock Exchange Group Plc, right, in Paternoster Square in the City of London, UK. Bloomberg | Bloomberg | Getty Images LONDON — TUI became the latest company to ditch its share listing in London, as shareholders voted overwhelmingly for the German travel giant to list solely in Frankfurt. The Hannover-headquartered group’s … Read more

Brexit has sliced 5% off UK economic growth, Goldman Sachs says

Brexit has sliced 5% off UK economic growth, Goldman Sachs says

Pro-EU demonstrators protest outside Parliament against Brexit on the fourth anniversary of Britain’s official departure from the European Union in London, United Kingdom on January 31, 2024. Future Publishing | Getty Images LONDON — Post-Brexit Britain has “significantly underperformed” other advanced economies since the 2016 EU referendum, according to new analysis from Goldman Sachs, which … Read more

Kevin O’Leary Defends Elon Musk, Calls Out ‘Loser States’

Kevin O’Leary Defends Elon Musk, Calls Out ‘Loser States’

On Monday, a federal judge ruled that Elon Musk must testify in the U.S. Securities and Exchange Commission’s (SEC) probe that’s looking into whether or not Musk committed securities fraud when scooping up Twitter (now X) stock ahead of his acquisition of the social media platform. Though the judge’s decision comes after a series of … Read more

Bitcoin falls under $50,000 following hotter-than-expected inflation data

Bitcoin falls under ,000 following hotter-than-expected inflation data

An image of bitcoin and U.S. currencies is displayed on a screen during the Interpol World Congress in Singapore on July 4, 2017. Roslan Rahman | AFP | Getty Images Cryptocurrencies fell Tuesday amid a broader market sell-off following a hotter-than-expected CPI reading. Bitcoin was last lower by 0.8% at $49,658.57 according to Coin Metrics. … Read more

Dragon Year opportunities, challenges for businesses: Maybank fengshui report

Dragon Year opportunities, challenges for businesses: Maybank fengshui report

A visitor takes pictures in front of a wooden dragon themed sculpture displayed to celebrate the upcoming Lunar New Year inside the flower dome at Gardens by the Bay in Singapore on February 1, 2024. Roslan Rahman | Afp | Getty Images Millions of Chinese around the world are celebrating the Lunar New Year, ringing … Read more

Tesla board silent since court revoked Elon Musk’s $56 billion pay package

Tesla board silent since court revoked Elon Musk’s  billion pay package

Elon Musk, CEO of Tesla and X, speaks at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy), in Rome, Dec. 15, 2023. Antonio Masiello | Getty Images Two weeks after a Delaware court ruled that Tesla must rescind Elon Musk’s $56 billion pay package, the company’s board remains mum on what the … Read more