Abnormal Security hires former ServiceNow executive to be CFO

Abnormal Security hires former ServiceNow executive to be CFO

Lisa Banks, Abnormal Security’s new chief financial officer. Abnormal Security Abnormal Security, a startup selling email security software to companies, said on Wednesday that it’s hired former ServiceNow finance executive Lisa Banks as chief financial officer as the company gears up to prepare for an IPO. Abnormal is going after a longstanding market, which includes … Read more

These airlines were the most on-time in 2024

These airlines were the most on-time in 2024

Travelers view the arrival and departure boards at the Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Tuesday, Dec. 21, 2021. Elijah Nouvelage | Bloomberg | Getty Images Air travel demand continued to surge in 2024, led by a bounce back in international trips. From January through October alone, revenue-passenger miles worldwide, a … Read more

A look back at U.S. airlines’ wild 2024, from door plugs to bankruptcy

A look back at U.S. airlines’ wild 2024, from door plugs to bankruptcy

People check-in for their flights at the airport ahead of the Thanksgiving Holiday at Hartsfield-Jackson Atlanta International Airport, in Atlanta, Georgia, U.S., November 27, 2024.  Megan Varner | Reuters It’s been another eventful year for U.S. air travel. Just five days into the year, a door panel blew off of a nearly new Boeing 737 … Read more

CrowdStrike moves to dismiss Delta suit, citing contract terms

CrowdStrike moves to dismiss Delta suit, citing contract terms

A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona, Spain, on October 8, 2024.  Joan Valls | Nurphoto | Getty Images CrowdStrike moved Monday evening to dismiss Delta Air Lines’ lawsuit around the July cybersecurity outage that led to canceled flights and stranded passengers, arguing that the airline’s … Read more

Email security startup Sublime raises $60 million

Email security startup Sublime raises  million

Across the world, companies rely on Microsoft and Google to administer email accounts for employees. Keeping all those mailboxes secure, however, is a business opportunity. Proofpoint went public in 2012, and as enterprises migrated to the cloud, many adopted the company’s secure email gateway software as a precautionary measure. But private equity firm Thoma Bravo … Read more

Delta CEO says Trump regulation stance could be ‘breath of fresh air’

Delta CEO says Trump regulation stance could be ‘breath of fresh air’

Ed Bastian, chief executive officer of Delta Air Lines Inc., during an interview in New York, US, on Monday, Nov. 7, 2022. Jeenah Moon | Bloomberg | Getty Images Delta Air Lines CEO Ed Bastian said the Trump administration’s approach to regulation could be a “breath of fresh air.” Speaking to reporters ahead of Delta’s … Read more

Delta forecasts sales growth in 2025 thanks to ‘resilient economy’

Delta forecasts sales growth in 2025 thanks to ‘resilient economy’

A Delta aircraft at the airline’s hangar in Atlanta Leslie Josephs/CNBC Delta Air Lines on Wednesday said sales would grow in 2025, citing a “resilient economy” for strong travel demand and credit card spending, especially for higher-end offerings. It also said it expects to grow earnings in the coming years. Delta forecast revenue growth in … Read more

Microsoft (MSFT) Q1 earnings report 2025

Microsoft (MSFT) Q1 earnings report 2025

Satya Nadella, chief executive officer of Microsoft Corp., speaks during the company event on AI technologies in Jakarta, Indonesia, on Tuesday, April 30, 2024. Dimas Ardian | Bloomberg | Getty Images Microsoft reported an earnings and revenue beat for the fiscal first quarter, as the company’s Azure cloud infrastructure business grew faster than predicted. Here’s how … Read more

Delta suit against CrowdStrike after IT outage caused cancellations

Delta suit against CrowdStrike after IT outage caused cancellations

Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City, U.S., July 2, 2022.  Andrew Kelly | Reuters Delta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an … Read more

Delta Air Lines (DAL) 3Q 2024 earnings

Delta forecasts sales growth in 2025 thanks to ‘resilient economy’

Delta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays. The Atlanta-based carrier on Thursday forecast fourth-quarter adjusted earnings of $1.60 to $1.85 per share, compared with Wall Street estimates of $1.71, according to LSEG, and above the adjusted $1.28 per share it … Read more