Southwest Airlines Meets Q4 Profit Forecasts
Southwest Airlines on Thursday reported a fourth-quarter net income of $536 million. The Dallas company stated that it had net income of 82 cents per share. The results met Wall Street expectations.
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Southwest Airlines on Thursday reported a fourth-quarter net income of $536 million. The Dallas company stated that it had net income of 82 cents per share. The results met Wall Street expectations.
General Motors is taking another step on its fast-moving journey into new ways of getting around. The company on Thursday announced that it's formed a brand called "Maven" that will run its car-sharing ventures.
Another plunge in the price of crude oil sent stocks sharply lower on Wednesday.
Southwest Airlines plans to appeal a judge's order that lets Delta Air Lines continue operating at Dallas Love Field during a dispute over gates.
The bankrupt Fort Worth energy firm Quicksilver is putting its assets on the auction block today.
JCPenney will sell refrigerators, washing machines and other appliances at some of its stores for the first time in more than 30 years. Department store operators have been looking for ways to shake up their offerings.
Texas is joining a growing list of states that are criticizing daily fantasy sports games. The state's attorney general on Tuesday said that websites like DraftKings and FanDuel are illegal.
Texas Attorney General Ken Paxton has weighed in on daily fantasy sports.
WhatsApp, a popular mobile messaging service owned by Facebook, said that it will drop its 99 cent subscription fee over the next several weeks. WhatsApp says nearly a billion people around the world use the service.
Coca-Cola, under pressure as consumers shift away from sugary drinks, is unveiling a new campaign that for the first time unites its most well-known slate of drinks under a single marketing theme.
Chipotle said that its stores will open several hours later than normal for one day next month so it can hold a company-wide meeting following a series of food scares. All locations will open at 3:00 p.m. local time.
Fiat Chrysler is recalling nearly 389,000 vehicles in the United States for a second time because an electrical short in the sun visors can cause fires. The recall covers Dodge Durangos and Jeep Grand Cherokees from the 2011 through 2013.
After two tumultuous years of recalls, fines and friction, the government and the auto industry struck a peace treaty of sorts by agreeing to cooperate on safety issues in the future.
The stores being shuttered account for a fraction of the company's 11,000 stores worldwide and less than 1 percent of its global revenue.
U.S. stocks are opening sharply lower, led by steep declines in energy companies as the price oil takes another tumble.