Last year, procrastinators were rewarded when they finally got around to booking flights for holiday travel. Back then, airlines were not prepared for the sharp falloff in travel and offered last-minute deals to fill up empty planes. This year? Dilly-dallying, even waiting just a few days, could carry a steep price.
Silicon Valley's watching Twitter to see whether and how it turns its popularity into profits. The social media site's new terms of service have everything to do with the goal of improving the service and starting a revenue stream.
MGM Mirage shares have risen more than 250 percent since hitting their March low, but David Katz, gaming, lodging and leisure analyst with Oppenheimer said that it's too soon to say whether the stock will keep rising.
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If you dreaded sitting down at your computer the last time you made travel arrangements or felt frustrated by all the time and effort it took to sort through pages of results for flights and hotels, join the crowd.
Twitter's popularity is exploding; there are no official stats, but it has in the ballpark of 35 million users. So how can all this attention can be turned into profits? As of now the company has zero revenue.
If you could build a marketable baseball player from scratch, you’d probably come up with someone like Derek Jeter. A close second would be David Ortiz. Ortiz was in a major market. He was a slugger. He was part of two championship teams in a short period of time and he had a golden smile.
Despite a broad rally in the stock market since its March 9 low, short positions for some of the largest US airlines are on the rise.
Stocks continue to trade higher, despite cautious comments. "The American consumer is not going to be the source of a global boom by any means." That was Fed Chairman Ben Bernanke, responding to a question during his testimony in the Senate this morning.
Southwest posted a quarterly profit on Tuesday, after three straight quarters of losses as lower costs boosted its bottom line. Senior airline analyst Jamie Baker at JPMorgan discussed the company’s earnings and his outlook.
The airline industry is in the midst of one of its most wrenching summers ever. And the fall and winter may be even worse - unless people start to fly again.
There’s no shortage of companies turning to Twitter and other social media websites to promote their brands. But the trend hasn't created many new jobs—at least not yet.
Companies must walk a fine line when using social media Websites like Twitter.
As investors continually look for an edge, social media sites like Twitter have become a popular tool for raw information—and rumors.
Empty storefronts can deter shoppers but there are some very creative solutions coming out to plug these gaping holes in the retail landscape, such as putting ads or art in the windows. One town is even considering making it mandatory for landlords to have something pretty in the window to avert urban decay.
The airline business is bad even, but this CEO has proved himself even worse.
ADP said May private sector jobs fell by 532k, about in line with expectations of a drop of 525k. The good news is that the level of job losses has clearly stabilized; the bad news is that we are still not seeing much of an increase in hiring. Bottom line: unemployment rate will continue to rise, at least in the near future.
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There’s no keeping this market down. The S&P 500 recorded another day of gains; the current four-day advance is now the index's longest winning streak since early April.
JetBlue Airways plans to raise funds by selling 20 million new shares and $150 million in convertible debentures, the airline said Friday.