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As jet fuel costs continue to trend up, United and Delta have strapped in for the long haul, quietly edging out competitors in a downturn. United’s heavy investment in premium offerings for brand loyalists has kept it steady.
More than $5 billion in convertible and junk bonds will fund a billion-dollar data center in Virginia.
Customers will be able to trade select US stocks and ETFs around the clock, reacting to news whenever it breaks.
Robert “Bobby” Hunter announced his appointment as UnitedHealthcare president in a LinkedIn post.
About $800,000 per restaurant in upgrades, with the company promising to cover part of the bill.
A weak quarter and a disappointing outlook deepen Wall Street’s doubts about the turnaround.
An optional AI search bar lets travelers describe what they want in plain language.
Lyft agreed to pay $272.5 million. Uber has fought California over the case for six years.
IonQ Inc. (NYSE: IONQ) partnered with Sandia National Laboratories to develop technologies and hardware for various national security applications. Together, the quantum computing hardware giant and the national nuclear security laboratory will be designing quantum technologies for the United States military. All work will be conducted at Sandia’s newest quantum-dedicated facility in New Mexico. This
Riot Platforms spent years using enormous amounts of electricity to mine bitcoin. Now it is making the shift toward renting out its power infrastructure to AI companies including Anthropic and chipmaker AMD. Investors have taken notice. As of Sept. 22, Riot shares had gained roughly 86% over the preceding six months, compared with gains of
FedEx is one step closer to replacing its entire fleet of diesel delivery trucks with electric vehicles. The carrier purchased 2,000 electric trucks from Harbinger Motors for $300 million on Sept. 30. The move is part of FedEx’s long-term goal to adopt an all-electric delivery fleet by 2040. Most commercial delivery vehicles run on diesel,
The investment in affordable homebuilders signals a long-term bet on housing, despite elevated rates and persistent cost pressures Berkshire Hathaway has built a stake of more than 11% in Lennar. It bought about $400 million of the homebuilder’s stock in the last two weeks of September and kept buying into October. Its most recent position
Basketball star Caitlin Clark’s first signature Nike sneaker almost sold out the same day of its release. Nike dropped the Caitlin 1s on Oct. 1, selling out all but the largest sizes of the $140 shoe. Clark, who plays for Indiana Fever in the Women’s National Basketball Association, broke records as the NCAA Division I
Chipotle decided to bring back a popular margarita drink after more than five years as part of a promotional event. The “Summon the Spirits Tour” pop-up event kicked off in Denver on Oct. 2 and is now continuing in New York, Dallas, Los Angeles and New Orleans for the next five weekends. “Fans never stopped
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The Times Square Investment Journal covers companies, markets and personal finance from a newsroom in the heart of Manhattan. The Journal is sponsored by the NYC News Service and the Craig Newmark Graduate School of Journalism at CUNY.
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