Clear Skies Forecast for Airline Industry Profit
Global airlines should post an industry profit of $12.7 billion this year, an increase from a previous $10.6 billion forecast.
Clear Skies Forecast for Airline Industry Profit
Global airlines should post an industry profit of $12.7 billion this year, an increase from a previous $10.6 billion forecast.
Is Haiti the Next Travel Hot Spot?
Apple Leisure Group CEO Alex Zozaya says the next great opportunity for both travelers and investors is Haiti.
Rosewood Hotels President: We’re Back to the Boom Days
Despite reports of a gloomy economy in some Asian countries, the luxury hotel business there is steadily on the rise, Rosewood Hotels & Resorts President Radha Arora told Maria Bartiromo on Opening Bell.
Priceline Earnings Fly Higher on Strong Bookings
Priceline's 1Q profit improved 36% on continued growth in international bookings. Shares of the online travel booker slumped in response to a light 2Q outlook.
Royal Caribbean Outlook Rosy Despite Virus Outbreak
Despite having to end a 10-day trip early due to a gastrointestinal outbreak, shares of Royal Caribbean are soaring on a stronger-than-expected fourth-quarter profit and sunny outlook.
Priceline 3Q Profit Up 40%, Darren Huston Named CEO
Priceline.com’s third-quarter profit jumped 40%, handily beating the Street amid a significant boost from its international operations.
Swanky Corporate Events Make Post-Recession Comeback
While lavish corporate events five years ago drew a negative stigma that executives tried desperately to avoid, new data show resorts are making a post-recession comeback.
Online retail growing fast in India while big box rivals lose way in maze of restrictions
Finding a way into India's vast but vexing market has long frustrated foreign retailers.
Know Before the Bell: Amazon’s Phone, Apple Earnings and Flights to Israel Halted
Airlines halt flights to Israel, and Amazon is bringing 'Fire' to your fingers.
GE considering sale of its Asset Management division to investment management firm
General Electric is considering a sale of its asset management division to an investment management firm.
Business Highlights
___ US probing possible airline collusion that kept fares high WASHINGTON (AP) — The U.S. government is investigating possible collusion among major airlines to limit available seats, which keeps airfares high, according to a document obtained by The Associated Press.
Hawks agree to sell NBA team for $850 million to group headed by billionaire Antony Ressler
Seven months after a racially charged email put the Atlanta Hawks on the market, there's an agreement to sell the NBA team for $850 million.
UnitedHealth, IBM, Netflix, Advanced Micro Devices and Acacia are big market movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE UnitedHealth Group Inc., up $3.70 to $109.32 The nation's largest health insurance company reported a boost in fourth-quarter profit that beat Wall Street expectations.
Retiring Postmaster General Donahoe slams suggestions that Postal Service get into banking
Retiring Postmaster General Patrick R.
GE Matches Views as 4Q Profit Climbs 5%
General Electric's fourth-quarter earnings rose 4.8%, as strength in the conglomerate's industrial units overshadowed declines at GE Capital.
AIG to Exit Aircraft Leasing Business in $5.4B Deal
AIG will sell its aircraft-leasing business to AerCap Holdings in a $5.4 billion deal, marking the insurer's exit from its last non-core business.
Goldman Cuts Auto Sector for the 1st Time Since '09 Amid Rising Rates
The investment bank removed its 'attractive' rating on the U.S. auto sector for the first time since June 2009.
Despite Deep Freeze, Business Travel to Rally in 2014
Business travel is forecast to fly higher this year despite the harsh winter weather in the first quarter that led to some of the worst days for air travel in years.
New England's ports, long past their prime, seek comeback with niches in global trade
The noise and bustle of nearby neighborhoods fade away at New Haven's sprawling port.











