Delta Air Lines Reports $940 Million Quarterly Loss But Says March Was Profitable
Delta said its March operations were profitable, despite rising fuel costs. It reported a first-quarter loss, but revenue exceeded its forecast.
Delta said its March operations were profitable, despite rising fuel costs. It reported a first-quarter loss, but revenue exceeded its forecast.
The billionaire executive recently became one of the company’s largest shareholders. Now he says he wants to buy the whole thing and change how it handles speech.
The $15 billion rapid-delivery start-up decided to do business differently from rivals like Instacart. A changing environment is testing its model.
The increase adds another burden for home buyers who were already struggling with rising prices.
Tech companies really want their employees to be happy — or at least less annoyed — about returning. So they’re providing concerts, food trucks and other perks.
Gasoline weighed heavily in the increases, while prices moderated in several categories. Some economists say the overall rate may have peaked.
The central bank is contemplating a half-point rate move in May. Christopher J. Waller, a Fed governor, said inflation data may justify big increases in months to come.
The publishing platform’s founders want Substack to be an “alternate universe on the internet.” But it faces copycat rivals, an exodus by writers and a need to move beyond newsletters.
Since their country invaded Ukraine, Russian tech workers have left by the thousands. They appear intent on rebuilding their lives and businesses in other countries.
The central bank is contemplating a half-point rate move in May. Christopher J. Waller, a Fed governor, said inflation data may justify big increases in months to come.