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

Flights are getting more expensive as airlines scale back growth plans

Flights are getting more expensive as airlines scale back growth plans

Delta Airlines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington.  Kent Nishimura | Getty Images Airlines are reporting better unit revenues for the tail end of summer, a sign customers will continue to have to shell out more to fly in the coming months. Alaska Airlines on Thursday … Read more

UK labels data centers critical infrastructure to boost cybersecurity

UK labels data centers critical infrastructure to boost cybersecurity

Data centers today are crucial computing infrastructure that power the modern-day internet. In Pictures Ltd | Andrew Aitchison | Corbis News | Getty Images LONDON — The U.K. on Thursday said it now classes data centers as critical infrastructure, in a move that is expected to boost cybersecurity in the country and help operators of … Read more

Dell and Palantir to join S&P 500; shares of both jump

Dell and Palantir to join S&P 500; shares of both jump

Alex Karp, CEO of Palantir Technologies, speaks at the World Economic Forum in Davos, Switzerland, Jan. 18, 2023. Arnd Wiegmann | Reuters Dell and Palantir both jumped about 7% in extended trading Friday after S&P Global announced that the companies would join the S&P 500 index. Software maker Palantir will take the place of American … Read more

Microsoft plans September cybersecurity event after CrowdStrike outage

Microsoft plans September cybersecurity event after CrowdStrike outage

A Delta technician works on a set of screens displaying a blue page and reading “Recovery” in Terminal 2, Delta Airlines, at Los Angeles airport, on July 19, 2024. Airlines, banks, TV channels and other businesses were disrupted worldwide on Friday following a major computer systems outage linked to an update on an antivirus program. … Read more

Delta chief operations officer departing for another company

Delta chief operations officer departing for another company

Delta Air Lines planes sit parked at Hartsfield-Jackson Atlanta International Airport in Atlanta on June 28, 2024. Andrew Harnik | Getty Images Delta Air Lines‘ chief operating officer is leaving at the end of the month, the company said in a securities filing Friday. CEO Ed Bastian said in an employee memo that Chief Operating … Read more