United Airlines Posts Strong Q2, But Gloomy Outlook Clouds Horizon

United Airlines Posts Strong Q2, But Gloomy Outlook Clouds Horizon

Chicago – United Airlines reported a solid second quarter, driven by rising demand for international travel. However, the carrier’s less-than-stellar third-quarter outlook cast a shadow over its otherwise strong performance. The airline’s Q2 earnings beat analysts’ expectations, fueled by a 23% increase in profits from a year earlier. The growth was attributed primarily to a…

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Royal Caribbean Focuses on Shorter Cruises and Immersive Experiences

Royal Caribbean Focuses on Shorter Cruises and Immersive Experiences

Royal Caribbean Cruises is charting a new course to capture the evolving preferences of vacationers. As competition for leisure dollars intensifies, the cruise line is focusing on shorter itineraries packed with diverse activities and unique experiences. The company’s CEO, Jason Liberty, believes shorter cruises better align with the vacation plans of younger travelers, who make…

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Russian Court Convicts Playwright, Director for ‘Justifying Terrorism’

Russian Court Convicts Playwright, Director for ‘Justifying Terrorism’

A Russian military court has sentenced playwright Svetlana Petriychuk and theater director Yevgenia Berkovich to six years in prison, accusing them of “justifying terrorism.” Critics say the case exemplifies the crackdown on free speech since Russia’s invasion of Ukraine in February 2022. Petriychuk, 44, and Berkovich, 39, have been in custody since May 2023. In…

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UNESCO warns European cities: tackle overtourism or face wider protests

UNESCO warns European cities: tackle overtourism or face wider protests

European cities are on alert: if the negative impacts of mass tourism on residents are not addressed, there is a risk of widespread protests, a UNESCO official warns. “The situation is becoming increasingly tense,” said Peter Debrine, Senior Project Officer for Sustainable Tourism at UNESCO. “Public pressure for change is crucial because these are elected…

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Stocks That Moved Biggest After Hours: Five Below, Interactive Brokers, JB Hunt, and More

Stocks That Moved Biggest After Hours: Five Below, Interactive Brokers, JB Hunt, and More

Key points Retail and transportation stocks shine: Shares of Five Below and JB Hunt rose after the close of trading, reflecting positive developments in the retail and transportation sectors, respectively. Interactive Brokers faces headwinds: Interactive Brokers’ stock price fell after the stock market closed, likely due to investor concerns following the release of mixed financial…

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Burberry stumbles as profit warning triggers stock plunge, CEO resigns

Burberry stumbles as profit warning triggers stock plunge, CEO resigns

Luxury fashion house Burberry faces turbulence after a disappointing first quarter. The company’s shares fell 11% in early trading on Monday following a series of announcements, including a profit warning, CEO replacement and dividend suspension. Financial outlook bleak Burberry painted a bleak picture of its near-term future. Citing a deepening sales slowdown, the company warned…

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