American Airlines soars 41% as plan to add July flights sparks relief rally
American Airlines Group Inc shares jumped more than 40% on Thursday after announcing a big boost to U.S. flights next month following dramatic cuts caused...
Broadcom’s revenue forecast disappoints on weakness in chip business
Broadcom Inc on Thursday forecast current-quarter revenue, the mid-point of which was slightly below Wall Street estimates as its chip business was weighed down by...
S&P 500 closes down, snapping four-day rally
The S&P 500 lost ground on Thursday as investors took profits in advance of Friday’s jobs report, ending a four-day rally driven by rising economic...
British Airways boss says burning through cash, urges unions to engage
The boss of British Airways said its parent company IAG was burning through 178 million pounds ($223 million) a week and could not guarantee its...
American Airlines announces 14 officer departures, memos show
American Airlines Group Inc told employees on Thursday that 14 officers will be as leaving the company as part of leadership changes in which another...
Wall Street ends four-day rally in advance of May jobs report
Wall Street retreated on Thursday as investors hit the pause button in advance of Friday’s jobs report, capping a four-day rally driven by rising economic...
Tesla’s Elon Musk calls for breakup of Amazon in tweet
Telsa Inc Chief Executive Elon Musk on Thursday called for Amazon.com Inc to be broken up....
Oil prices steady as market awaits clarity on OPEC+ output cuts
Oil prices were little changed on Thursday as investors awaited a decision from top crude producers on whether to extend record output cuts....
U.S. senators move to tighten sanctions on delayed Russia-to-Germany gas pipeline
U.S. senators announced a bill on Thursday expanding sanctions on Russia’s Nord Stream 2 natural gas pipeline and targeting the project Washington says will boost...
Explainer: No one really knows how many Americans need unemployment benefits
Another 1.9 million people filed for unemployment benefits for the first time last week, according to data released by the Labor Department on Thursday, marking...