United earnings top estimates but airline expects $6 billion in added fuel costs
United reported higher revenue for premium, corporate and no-frills basic economy tickets and higher revenue for both domestic and international trips.
AI is killing the cover letter — but here’s when it still pays to send one
“For really everyone other than AI providers, the process is broken.”
Anthropic moves closer to mega-IPO as bankers line up investor meetings
Anthropic is lining up investor meetings ahead of a potential IPO as soon as October as the AI startup behind looks to beat rival OpenAI to the public markets.
BlackRock has best-ever start to a year as investment flows double and profits surge
Shares of BlackRock were rallying toward their best day in more than a year on Wednesday, after strong inflows into exchange-traded funds and buoyant markets helped the world’s biggest asset manager beat Wall Street’s earnings expectations for the latest quarter.
‘Arsenal of democracy’: Jamie Dimon announces $24 million effort to boost American shipbuilding
JPMorgan Chase CEO Jamie Dimon unveiled a $24 million package to bolster American shipbuilding, funding a new submarine facility at the Philadelphia Navy Yard.
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It’s boom and bust in the hedge-fund world as both liquidations and new launches spike
The number of hedge-fund liquidations reached a two-year high in the first quarter, a period which also saw a boom in new launches.
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Brace for $4 gas again: How U.S.-Iran tensions are threatening to end the price break at the pump
Americans got some relief at the gas pump in recent weeks, enough to slow down inflation. That might not last long as the U.S. and Iran continue to vie for control of the Strait of Hormuz.
T. rex sells for $50 million, becoming the most expensive dinosaur fossil ever auctioned
It passes a stegosaurus skeleton that billionaire hedge funder Ken Griffin bought for $44.6 million in 2024.
