Warren Buffett’s Berkshire Hathaway Inc. BRK.A, -0.58% BRK.B, -0.48% redeemed more than a quarter of its stake in Wells Fargo & Co. WFC, + 1.11% and about 61% of its position in JPMorgan Chase JPM, + 0.03%, while taking on a new position at Barrick Gold Corp. GOLD, -0.55%, according …
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Text size Joe Raedle / Getty Images Major airlines survived what was probably the worst quarter in modern aviation history. Carriers lost billions of dollars, as expected, and the issue that emerged is that their recovery stalled in July when Covid-19 cases increased and states imposed quarantine measures. Most airlines …
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Text size The two airlines plan to code share flights and integrate some of their networks. Bloomberg (2) JetBlue Airways and American Airlines Group are forming an alliance in which they plan to share flight codes and integrate some of their networks. It could be a sign of industry consolidation …
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Text size A Delta Airlines plane is seen at the gate of Washington National Airport (DCA) on April 11, 2020 in Arlington, Virginia. Daniel Slim / AFP / Getty Images Wall Street is coming to the defense of Delta Air Lines, reiterating purchase recommendations after the airline reported second-quarter results …
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Delta Air Lines Inc. DAL, -0.99% Shares fell nearly 1% in premarket trading on Tuesday after the airline reported second-quarter losses that were more extensive than expected. Delta’s net loss was $ 5.72 billion, or $ 9.01 per share, after net income of $ 1.44 billion, or $ 2.21 per …
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