The chief executive, Scott Kirby, said that buying a smaller airline might not be worth the effort.
Current Fed Chair Jerome Powell has faced a barrage of criticism from Trump over his refusal to slash interest rates as much as the president wants.
The listing gives public investors their first direct stake in Ackman's investment platform, which runs a concentrated portfolio of 10 large-cap names.
The Senate Banking Committee advanced Kevin Warsh’s nomination as Fed chair on Wednesday, teeing up the full chamber to hold a vote soon.
In partnership with Expedia, the ride-booking, food-delivering, package-transporting service takes another step toward becoming a super app.
While OpenAI and Microsoft remain partners, the AI company has been rapidly pushing into Amazon's world.
Fidelity cited the Justice Department’s recent lawsuit against the civil rights organization in emails to holders of its charitable-giving funds explaining its decision.
Someone sold upside call exposure in the SPDR Gold ETF (GLD) while simultaneously buying downside put exposure in a two-pronged trade.
The Federal Communications Commission is clashing again with the media giant. It’s another warning about the costs of angering President Trump.
Amazon, Alphabet, Meta and Microsoft report quarterly results after the bell, and OpenAI is likely to be a big topic across the board.
Taco Bell's same-store sales increased 8% in the quarter, fueling the company's outperformance.
The national average price of a gallon of gasoline hit $4.23, following oil prices upward as supplies from the Middle East remain disrupted.
The continent must "fight for every cargo" in what analysts have dubbed a "global stress test" for the airline industry.
AstraZeneca and GSK, the U.K.'s second and ninth most valuable companies, both saw first-quarter profits beat expectations early Wednesday.
The latest move higher comes amid reports that the U.S. will look to extend its blockade of Iranian ports.
Children can create Instagram and Facebook accounts simply by inputting a false birth date, a preliminary EU investigation found.
Josh D’Amaro, who took the helm in February, will have to lead Disney through surprising new scrutiny from the president.
The exit of the United Arab Emirates is the most significant in a series of departures from the oil cartel in recent years.
A federal judge has ordered the Justice Department to explain whether it intends to contest President Trump’s $10 billion lawsuit against the I.R.S. over the disclosure of his tax returns.
The U.S. central bank is widely expected to hold interest rates steady at what is scheduled to be Jerome H. Powell’s final meeting as chair.
The U.S. central bank is widely expected to hold interest rates steady at what is scheduled to be Jerome H. Powell’s final meeting as chair.
Add these new or newly revamped accommodations to your summer driving itinerary.
Oil prices continued to rise on Wednesday after U.S. President Donald Trump appeared to threaten Iran in a TruthSocial post.
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was broadly unchanged at 4.358%.
The European Central Bank and Bank of England are expected to hold their nerve and stand pat on rates this month.
European Union regulators said the company did not have effective controls to check a user’s self-declared date of birth, in violation of an online safety law.
The combination would create the world’s largest elevator maker and marks one of Europe's biggest takeovers in recent years.
The big guns of the U.K. savings industry have launched a campaign to persuade households to "squirrel" money away. The big question is whether it will succeed.
European stocks are expected to open broadly lower on Wednesday as investors react to the latest upset for OPEC and renewed concerns over the AI sector.
UBS reported its first quarter earnings on Wednesday, with net profits beating analyst estimates.
Regional uncertainty hangs over the previously booming AI infrastructure and data center sector in the region.
The United Arab Emirates' decision to leave OPEC is reverberating across global energy markets, sparking the question of who else could follow.
The alert said China purchases approximately 90% of Iran's oil exports, with teapot refineries accounting for the majority of these imports.
The first-quarter inflation figure was lower than the 4.2% expected by economists polled by Reuters.
Just as oil prices are looking stable (albeit higher) due to a ceasefire, the market took another blow as the United Arab Emirates exited the OPEC.
Optimism around tech stocks took hit as the Wall Street Journal reported that OpenAI's revenue and new users growth was below its own targets.
The chain’s chief executive credited its turnaround plan for improved U.S. same-store sales, but said higher gas and utility costs were a concern.
One CEO said people should be using AI to understand their health much more than they already do.
The Pentagon's AI chief discussed the DOD's expanded use of Google Gemini after the blacklisting of Anthropic.
Prime Minister Mark Carney’s budget update keeps to his path of diversifying away from the United States.
The collapse of the talks could pave the way for another spirits company, Sazerac, to open negotiations with Brown-Forman.
In what could be Jerome Powell's final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious approach.
The measures aim to crack down on Iran’s shadow banking system and Chinese purchases of Iranian oil.
U.S. Treasury yields rose on Tuesday as investors awaited developments on negotiations between the U.S. and Iran, which hit an impasse over the weekend.
The group of oil-producing countries supplied more than 25 percent of the world’s oil before the war in Iran. Its members have influenced energy markets through the years.
The UAE wants to ramp up production without constraints from OPEC, which could prove bearish for prices at some point.
The court’s decision could have broader implications for lawsuits seeking to hold companies liable for international human rights abuses.
Watch out for the hidden energy costs of water inefficiency and the case for integrated system design.
Reed Hastings says the world has “overdone” studying science, technology, engineering and math.
Millions of Americans are juggling multiple jobs. Here's what they really need from their employers.
The agency said the review was related to the network’s diversity and inclusion policies. But it came amid a fight between the president and the network’s late night host, Jimmy Kimmel.
Here's what the climate crisis means for your rental property insurance premiums.
Bethenny Frankel has some weird business advice: “You can’t ask a dog to be a cat.” Which is to say: Don’t try to be something you’re not in business. Instead, maximize your strengths — even if they may seem a little unorthodox. For example, many people say to write a business plan and plot strategically. […]
OpenAI's generative AI models are becoming available on Amazon's cloud a day after the AI company revamped its relationship with longtime partner Microsoft.
Most enterprise leaders have a licensing agreement. Almost none have a governance strategy. Here is the difference and why it is catching up with you faster than you think.
The Emmy-winning star designer shares the real-world lessons that helped him achieve his biggest goals in business and life.
Here's why most automation efforts fail — and what actually works.
Shipley Do-Nuts has been around since 1936. Kerry Leo is making sure it's ready for the next 90 years.
Don and Linda Eckles started Scooter's Coffee in a tiny, renovated Chinese restaurant. Today, they have 912 franchises.
Robert Davari, CEO and co-founder of Tixr, shares how startups can go up against major players in any industry.
The tennis player Mackenzie McDonald has earned well up to this point, but high expenses and a short career timeline have prompted him, and others, to search for a backup plan.
Airbus' first-quarter adjusted operating profits declined by 52% to 300 million euros, from 624 million euros in the same period last year.
Dimon, who runs JPMorgan Chase, the world's largest bank by market cap, said that today's growing mix of risks could combine in unpredictable ways.
DoorDash and Uber Eats generate billions in revenue, powered by the 15% to 30% cut they take on each order placed through their platforms.
United and American CEOs told investors they expect higher fares to stick because demand is still strong despite price hikes.
Regal Cinemas charged $50 for opening-night tickets to Dune: Part Three, as part of a new strategy catering to premium buyers.
As subscription fatigue grows, brands must rethink retention strategies beyond monthly billing. Here are a few innovative, value-driven ways to build loyalty and recurring engagement without locking customers into another subscription.
Beijing ordered the cancellation of Meta's acquisition of Manus over concerns that valuable AI technology could leak to a geopolitical rival.
TaskRabbit earnings vary widely, with some Taskers doing a couple of gigs a week while others work multiple jobs per day.
Uncertainty and setbacks aren't a sign of failure; they're just part of the process. Here's how to be authentic and vulnerable without oversharing.