Southwest Airlines Gears Up for a Normal Flight Schedule on Friday After Mass Cancellations

Southwest Airlines Gears Up for a Normal Flight Schedule on Friday After Mass Cancellations

Southwest Airlines Co. LUV 3.70% executives said the airline is gearing up to resume its full flying schedule on Friday, removing limits on ticket sales and rebuilding crew schedules after an operational meltdown led it to cancel thousands of flights over the past week.  Executives also pledged to continue work to update technology systems that … Read more

Southwest Airlines Fliers Contend With Lost Luggage Along With Canceled Flights

Southwest Airlines Fliers Contend With Lost Luggage Along With Canceled Flights

Southwest Airlines Co. on Tuesday said it would limit new bookings on the planes it plans to fly in the coming days, and the airline came under more scrutiny from Washington for its holiday storm meltdown. Southwest canceled 2,677 flights, or 65% of its scheduled Tuesday departures, according to data from FlightAware. The airline said … Read more

Airlines Cancel Flights as Winter Storm and High Winds Snarl Christmas Travel

Airlines Cancel Flights as Winter Storm and High Winds Snarl Christmas Travel

Airlines are canceling hundreds of flights as a severe winter storm is expected to bring freezing temperatures, gusty winds and snow across swaths of the country in the coming days. Over 1,200 U.S. flights originally scheduled for Thursday had been canceled as of Wednesday afternoon, according to FlightAware, a flight tracking site. Airports in Denver … Read more

Delta Air Lines Offers Pilots 34% Raises Over Four-Year Deal

Delta Air Lines Offers Pilots 34% Raises Over Four-Year Deal

Delta Air Lines Inc. DAL 0.93% is offering pilots raises amounting to at least 34% over the term of a proposed deal, another sign of how pilots are pushing the now-booming airline industry for better pay and other benefits. The proposal still needs to be approved by union leaders and then would have to be … Read more

Employers Rethink Need for College Degrees in Tight Labor Market

Employers Rethink Need for College Degrees in Tight Labor Market

Companies such as Alphabet Inc.’s Google, Delta Air Lines Inc. and International Business Machines Corp. have reduced educational requirements for certain positions and shifted hiring to focus more on skills and experience. Maryland this year cut college-degree requirements for many state jobs—leading to a surge in hiring—and incoming Pennsylvania Gov. Josh Shapiro campaigned on a … Read more

What Do the Worst (and Best) Airports Look Like? Ask United Airlines

What Do the Worst (and Best) Airports Look Like? Ask United Airlines

United Airlines Inc. knows what it’s like when airports work well—and when they don’t. It operates hubs in the best-performing and worst-performing large U.S. airports, according to a new set of rankings from The Wall Street Journal. The Chicago-based carrier has major U.S. hubs at seven airports. One, the San Francisco International Airport, ranked No. … Read more

This hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market

This hedge fund manager who made winning bets in 2020, says investors should brace for a decades-long bear market

On the heels of last week’s bullish turn for stocks, the setup is looking slightly less positive for Monday. Hong Kong stocks may be affecting the mood with a giant slump after China’s leader cemented his power. And we’re entering Fed blackout period ahead of next week’s meeting that’s expected to deliver yet another three-quarters … Read more

Apple, Amazon, McDonald’s Headline Busy Earnings Week

Apple, Amazon, McDonald’s Headline Busy Earnings Week

Amazon. com Inc., Apple Inc. and Meta Platforms Inc. are among the tech heavyweights featured in a packed week of earnings that investors will probe for indicators about the broader economy. Other tech companies scheduled to report their latest quarterly reports include Google parent company Alphabet Inc. and Microsoft Corp. Investors also will hear from … Read more

Stock-market investors brace for busiest week of earnings season. Here’s how it stacks up so far.

Stock-market investors brace for busiest week of earnings season. Here’s how it stacks up so far.

So far, so good? Stocks ended the first full week of the earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA, +2.47%, S&P 500 SPX, +2.37% and Nasdaq Composite COMP, -0.81% to their strongest weekly gains since June. It gets more hectic in the week ahead, with 165 S&P 500 … Read more

Netflix and Tesla stocks are not having a good year, but here comes a chance to turn it around

Netflix and Tesla stocks are not having a good year, but here comes a chance to turn it around

Two stocks that have defined Wall Street’s boom in the past decade — streaming giant Netflix Inc. and electric-vehicle maker Tesla Inc. — will hope to turn around some poor recent trajectories as earnings season kicks into a new gear this week. After swelling prices and results from JPMorgan Chase & Co. JPM, +3.49% and … Read more