A Southwest Airlines plane departs Midway Airport on January 25, 2018 in Chicago, Illinois. Scott Olson | fake pictures More airline employees are signing up for purchases, licenses and early retirements as the threat of permits looms this summer. About 17,000 employees or about 28% of Southwest Airlines’ workforce have …
Read More »Warren Buffett Gets $ 40 Billion From Giant Apple Share From March Fund
Warren Buffett. Gerald Miller | CNBC An off-brand move to build up in Apple stock could have been Warren Buffett’s biggest trade. Berkshire Hathaway’s stake in Apple, which has claimed 40% of its share portfolio, has increased a whopping $ 40 billion since the market bottom in March. The investment …
Read More »Virgin Galactic, Twitter, Norwegian Cruise Line and more
Norwegian Cruise Line The Norwegian Bliss cruise ship passes the John Hopkins Inlet in Glacier Bay, Alaska on July 11, 2019. Tim Rue | Bloomberg | fake pictures Check out the companies that make headlines after the bell: Moderna – Moderna’s shares soared in extended trading after rising nearly 7% …
Read More »Coronavirus prompts American Airlines to warn 25,000 employees of possible job cuts
An airline employee passes through the empty terminals of American Airlines at Washington’s Ronald Reagan National Airport in Arlington, Virginia, on May 12, 2020. ANDREW CABALLERO-REYNOLDS American Airlines on Wednesday warned some 25,000 front-line employees, about 20% of its workforce, of possible licenses, the latest airline to prepare staff for …
Read More »Air travel jumps over the weekend of July 4, but continues to drop sharply since 2019 amid pandemic
Airline passengers wearing face masks arrive and depart from D Concousre at Las Vegas McCarran International Airport on Tuesday, June 30, 2020. Bill Clark | CQ-Roll Call | fake pictures More travelers traveled to heaven over the July 4 weekend, but airlines still face insignificant demand compared to last summer …
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