American Airlines Admits Business Travel Misfire; Shares Drop
CEO Robert Isom said the airline lost business travel after cutting sales staff and shifting away from corporate booking channels.
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Can Nvidia’s astronomical growth last? One outperforming fund manager weighs in
“I have never seen anything like this in terms of the dramatic earnings acceleration it’s displaying,” says Nick Griffin, CIO of Munro Partners.
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FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
Former top FTX exec Ryan Salame who turned on Sam Bankman-Fried sentenced to 90 months in prison and ordered to pay more than $11 million.
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IMF upgrades China’s growth forecast to 5% on ‘strong’ first quarter and policy measures
The International Monetary Fund raised its forecast for China’s growth this year to 5%, from 4.6% previously, due to “strong” first quarter figures and policy moves.
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Vintners in Willamette Valley—home to world-class Pinot Noirs—seek $100 million after raging fires tainted their grape harvest
Vineyards couldn’t sell their grapes to winemakers, and wineries have been unable to sell their wines due to smoke taint.
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More than 90 million chickens have died in the bird flu outbreak, with an Iowa egg farm the latest to test positive
Health and agriculture officials have said the risk to the public remains low.
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Is your gym overflowing? A new study shows gym use is nearly double pre-pandemic levels and Gen Z is driving the trend
The fitness industry has also more than rebounded since 2020.
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HubSpot shares jump on talks of potential Google deal
HubSpot shares rose Tuesday after CNBC’s David Faber reported that Alphabet is in talks about an all-stock bid for the company.