Business/Consumer Services

IRobot, DraftKings, Zillow, Lyft, AMC, and Other Stock Market Movers

Text size Corporate earnings were the main factor driving moves in individual stocks early on Friday. The (Photo by Spencer Platt / Getty Images) Stock futures were lower Friday as investors responded to news that hiring in July was far stronger than expected. Dow Jones Industrial Average futures were down 0.4%, S&P 500 futures were …

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Two years after the airline bailout, what are consumers getting?

When the 2008 financial crisis roiled banks, the federal government jumped in with an enormous bailout effort. Two years later, Congress slapped the industry with a sweeping set of reforms and important consumer protections. That made sense. The government is by the people and for the people, after all. So bailing out banks meant that …

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Airline Stocks Have Tumbled. One Answer: the Upsell.

Illustration by Elias Stein Text size Americans are traveling this summer as if they’d been locked at home for years. Despite that, airline stocks are trading down as carriers grapple with labor woes, airport congestion, record fuel prices, grumpy passengers, and recession fears. In the past month, analysts have cut major airlines’ earnings-per-share estimates. Result: …

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Airlines Are Getting Creative With Upselling — and It’s Driving Revenue

Text size Airlines want to make travelers’ journeys more comfortable, for a price. Dreamstime Getting there is half the fun. Given how miserable travel has been recently, that equation doesn’t hold much promise for how enjoyable this summer’s revenge vacations will be. But airlines want to make your journey more comfortable and convenient — for …

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Travel Demand Is Strong. So Why Are Airline Stocks Trading Lower?

Travelers wait to offload their flight at Portland International Airport. Staffing shortages, the Covid-19 pandemic and other issues have led to historic levels of disruptions in US air travel. Nathan Howard / Getty Images Text size This should be a golden age for airlines like United Airlines and American Airlines . Travel is surging and …

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