Southwest Airlines expects bookings to drop after deadly explosion

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Southwest Airlines expects bookings to drop after deadly explosion

(Reuters) – Southwest Airlines Co (LUV.N) on Thursday warned the consequences of a mid-air engine explosion last week will weigh on second-quarter bookings, as investigators continued to probe the events that led to the first passenger death in the …
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Intel soars after brighter forecast for data centers, memory

(Reuters) – Intel Corp (INTC.O) beat earnings expectations for the first quarter and raised its full-year revenue and profit forecasts on Thursday, driven by the biggest-ever quarterly jump in its data center business and small-but-steady growth in its …
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Square is acquiring website builder Weebly for $365M

Square just announced that it's reached an agreement to acquire Weebly for $365 million in cash and stock. While Square is best known for its payment software and hardware, it's also been expanding into other areas; for example, with the acquisition of …
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Daimler Profit Slips on One-Time Factors, but Outlook Raised

FRANKFURT, Germany (AP) – Daimler AG, maker of Mercedes-Benz luxury cars, saw its first-quarter net profit fall 11 percent from the same quarter a year ago, when the company had one-time gains from the sale of real estate and from financial factors …
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6 Reasons Ford CEO Jim Hackett Decided To Deep-Six The Company's Sedans

In terms of psychological impact, Ford's decision to axe cars except for Mustang is reminiscent of when the Detroit Three deep-sixed iconic but superfluous brands over the last several years, including Mercury, Plymouth, Pontiac and Oldsmobile.
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