Reuters | July 18, 2023
By Rajesh Kumar Singh CHICAGO (Reuters) – United Airlines first officer Phil Anderson has turned down opportunities to be promoted to captain as he does not want the unpredictable schedule that comes with the bigger paycheck. Anderson is one of many who have passed on that promotion at United, and analysts and union officials said […]
Reuters | July 12, 2023
By Rajesh Kumar Singh CHICAGO (Reuters) -Relentless travel demand has sent bookings at U.S. carriers soaring, translating into bumper earnings. However, their shares have not shown the same trajectory as questions linger about the sustainability of consumer spending. Airline shares have suffered because of bearish sentiment about the broader economy as interest rates are up […]
Reuters | July 6, 2023
(Corrects grammar in first paragraph) By Katie Paul NEW YORK (Reuters) -Meta Platforms on Wednesday launched a direct challenge to Twitter with Threads, garnering millions of users in hours as it sought to take advantage of its rival’s much-weakened state after a series of chaotic decisions from owner Elon Musk. Those quick to join the […]
Reuters | June 6, 2023
By Stephen Nellis CUPERTINO, California (Reuters) -Apple on Monday unveiled a costly augmented-reality headset called the Vision Pro in its riskiest bet since the introduction of the iPhone more than a decade ago, barging into a market dominated by Meta. At its annual developer conference, Apple also introduced a raft of new products and features, […]
Reuters | May 2, 2023
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) – Thousands of film and television writers will go on strike starting Tuesday, throwing Hollywood into turmoil as the entertainment business grapples with seismic changes triggered by the global streaming TV boom. The Writers Guild of America (WGA) called its first work stoppage in 15 years […]
Reuters | April 5, 2023
By Jonathan Stempel (Reuters) – Fox News said Tucker Carlson, Sean Hannity and Maria Bartiromo and other top on-air personalities will be available to testify as it defends itself against a $1.6 billion defamation lawsuit claiming it lied about voter fraud in the 2020 U.S. presidential election. In a letter filed on Tuesday in Delaware […]
Reuters | March 8, 2023
By Dawn Chmielewski (Reuters) – A new board controlling Walt Disney World’s special taxing district in Florida will meet for the first time on Wednesday, as Governor Ron DeSantis’ hand-picked group gets ready to end the entertainment giant’s “corporate kingdom.” What that entails is not clear. Nothing in the language of the legislation creating the […]
Reuters | February 10, 2023
By David Shepardson and Rajesh Kumar Singh WASHINGTON (Reuters) -Southwest Airlines on Thursday faced harsh criticism from U.S. senators at a hearing investigating the airline’s meltdown that disrupted travel plans for 2 million customers, with one lawmaker calling the situation an “unmitigated disaster.” Senators recounted to Southwest a litany of horrendous travel stories: People missing […]
Reuters | February 9, 2023
(Reuters) – Walt Disney Co CEO Bob Iger dazzled Wall Street on Wednesday with sweeping changes and billions of dollars in cost cuts, and some analysts are convinced that will be enough to sway its harshest critic – activist investor Nelson Peltz. In his first earnings call since returning to the top job in November, […]
Reuters | February 1, 2023
By Krystal Hu (Reuters) – OpenAI, the creator of the popular chatbot ChatGPT, has released a software tool to identify text generated by artificial intelligence, the company said in a blog post on Wednesday. ChatGPT is a free program that generates text in response to a prompt, including articles, essays, jokes and even poetry, which […]