DOT says Frontier, foreign airlines must pay travelers $600 million in refunds

In this article ULCC Follow your favorite stocksCREATE FREE ACCOUNT Travelers look at a display board showing cancelled and delayed flights at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United States. Paul Hennessy | Lightrocket | Getty Images The U.S. Department of Transportation on Monday said it…

Home Depot posts better-than-expected quarter despite inflation

In this article HD Follow your favorite stocksCREATE FREE ACCOUNT A customer wearing a protective mask loads lumber onto a cart at a Home Depot store in Pleasanton, California, on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot reported Tuesday its third-quarter revenue increased nearly 6% to $38.9 billion,…

Walmart raises outlook as groceries boost sales, inventory glut recedes

In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Customers outside a Walmart store in Torrance, California, US, on Sunday, May 15, 2022. Walmart Inc. is scheduled to release earnings figures on May 17. Bing Guan | Bloomberg | Getty Images Walmart said Tuesday that sales rose by nearly 9% in the fiscal third…

‘We will see spectacular failures’: CEOs and investors on what the end of cheap money means for tech

Guillaume Pousaz, CEO and founder of payment platform Checkout.com, speaking onstage at the 2022 Web Summit tech conference. Horacio Villalobos | Getty Images LISBON, Portugal — Once high-flying tech unicorns are now having their wings clipped as the era of easy money comes to an end. That was the message from the Web Summit tech…

FTX says it could have over 1 million creditors in new bankruptcy filing

FTX logo with crypto coins with 100 Dollar bill are displayed for illustration. FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. Jonathan Raa | Nurphoto | Getty Images Beleaguered cryptocurrency exchange FTX may have more than 1 million creditors, according to…

People who fly private jets don’t want to return to airlines. But it’s costing them a lot more than it used to

Covid-19. Airport chaos. Lack of available flights. Many travelers say those are the reasons they ditched airlines for private jets during the past two years of the pandemic. But a new survey shows most of the newly converted aren’t ready to return to commercial aviation just yet. Some 94% of those new to the industry…

Here’s why it may take a while for housing inflation to cool off

An ‘open house’ flag is displayed outside a single family home on September 22, 2022 in Los Angeles, California. Allison Dinner | Getty Images There are signs inflation may fall further in coming months, but housing threatens to mute any improvement. The consumer price index, a key barometer of inflation, rose 7.7% in October from…

Investors bought nearly $7 billion in Series I bonds in October. Here’s the best time to cash them in, experts say

MStudioImages | E+ | Getty Images If you’re one of the masses of new Series I bond owners, there are a few things to weigh before cashing in your assets, experts say.   Investors purchased nearly $7 billion in I bonds in October, according to the U.S. Department of the Treasury, with $979 million flooding into…

Miami Marlins promote Caroline O’Connor, making her pro baseball’s second-highest ranking woman

Caroline O’Connor appears before a baseball game against the Philadelphia Phillies, April 15, 2022, in Miami. Lynne Sladky | AP The Miami Marlins will be led by two of the highest-ranking women in professional sports. The organization announced on Monday that owner Bruce Sherman is promoting Caroline O’Connor to president of business operations, effective immediately….

Tyson CFO apologizes to investors after arrest for public intoxication, trespassing

In this article TSN Follow your favorite stocksCREATE FREE ACCOUNT John Tyson mugshot Source: Washington County, Arkansas Tyson Foods CFO John Tyson apologized to investors on Monday for his arrest for public intoxication and trespassing. CEO Donnie King said that the company’s independent board of directors is overseeing a review of the matter. Tyson, who…

Stocks making the biggest moves in the premarket: Hasbro, Oatly, Advanced Micro Devices and more

Take a look at some of the biggest movers in the premarket: Hasbro (HAS) – The toy maker’s stock slid 5.2% in the premarket following a double-downgrade to “underperform” from “buy” at Bank of America. The move comes after BofA conducted what it calls a “deep dive” on Hasbro’s “Magic: The Gathering” trading card game…