Citing 737 Max & Fuel Costs American Airlines Warns Expecting Weaker 2019 ProfitsCiting the grounding of Boeing’s 737 Max jets and fuel costs, American Airlines lowered its earnings forecast for the year.
American Cuts First-Quarter Estimates Citing Boeing 737 Max Jet ProblemsAmerican Airlines is cutting a key revenue estimate partly because of canceled flights due to the grounding of its Boeing 737 Max jets.
Dallas Morning News Announces 43 LayoffsThe Dallas Morning News said Monday it laid off 43 employees, including about 20 journalists due to revenue losses.
JC Penney Shares Plunge After CEO Ellison Departs For Lowe'sJ.C. Penney's CEO is leaving the company to become the top executive at Lowe's.
JC Penney Outlook Spooks Wall StreetJ.C. Penney is reporting a first-quarter loss along the lines of what analysts had expected, but also strong revenue.
With Lights From Toys R Us Dimmed, Sales Plunge At HasbroThe repercussions from the demise of Toys R Us have begun to ripple outward beginning with Hasbro.
Sears Narrows Loss On Cost Cuts, But Revenue SlidesSears Holdings Corp. continued its downward slide during its fiscal third quarter, with competition and a continued shift in shopping habits cutting into sales.
Snapchat And Twitter Adopting New Looks To Gain More UsersA pair of struggling social-media darlings have decided they need to take on new looks if they want to prosper. Twitter is rolling out a 280-character limit for nearly all its users and Snapchat will undergo a revamp to make itself easier to use.
Southwest Airlines Beats 3Q Profit ForecastsSouthwest Airlines is reporting third-quarter earnings of $503 million, which was better than expected on Wall Street in a quarter in which hurricanes created travel havoc for thousands of Americans.
Twitter Struggles To Turn Headlines Into CashTwitter is struggling to convert its headline omnipresence into cash, and its profit forecast sent investors scrambling before the opening bell Thursday.
Exxon Mobil Tops 3Q Profit Forecasts, Earns $2.65BExxon Mobil Corp. has reported third-quarter earnings of $2.65 billion. The Irving-based company said Friday that it had profit of 63 cents per share.
OU President Boren Says Big 12 Is Strong, On Positive TrackBoren spoke Thursday about a strong conference on a "very positive track" that would rather be right than hasty when determining its future.
Apple Reports iPhone Sales Down, 1st Revenue Drop Since 2003Apple says quarterly revenue fell for the first time in more than a decade, as iPhone sales fell compared with a year ago.
Oil Bust Sends Texas Budget Writers Back To WorkThe biggest Texas oil bust in decades has lawmakers taking stock of the fallout as other energy producing states slash spending.
Delta Air Lines' 1Q Profit Rises 27 Percent To $946 MillionDelta is the first major U.S. airline to report first-quarter earnings. The airlines have been setting profit records thanks to falling prices for jet fuel.