Business

Bloomberg | Bloomberg | Getty Images Southwest Airlines Co. planes stand on the tarmac at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Friday, Jan. 19, 2018. Southwest Airlines Co. is scheduled to release earnings on January 25. Photographer: David Paul Morris/Bloomberg via Getty Images Southwest Airlines told its mechanics on Friday
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The Walt Disney Co.: “Don’t sell Disney yet. [CEO] Bob Iger’s doing an amazing job. I don’t know about this next couple of quarters. He’s got to do this big transition with the over-the-top. But I think, long term, you want to own Disney very badly.” American Superconductor Corp.: “I think it’s been too hot,
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Bloomberg | Bloomberg | Getty Images A driver uses an Uber Technologies car service app on a mobile device while driving in Washington, D.C. Uber sued New York City on Friday over the City Council’s vote last August to impose a year-long cap on new licenses for ride-hailing vehicles. Uber’s lawsuit seeks to reverse the
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China’s Consumer Price Index missed expectations in January coming in at 1.7 percent higher than a year ago, the National Bureau of Statistics said on Friday. Economists polled by Reuters were expecting CPI to come in at 1.9 percent higher year-over-year. December CPI — a gauge of prices for goods and services — had risen
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Chinese drone maker DJI will roll out a system in 32 European countries this month to prevent its drones entering airport flightpaths. The Chinese firm said Tuesday that its state of the art geofencing will be implemented into drones’ GPS systems, using complex shapes and three-dimensional “bow tie” zones around runways. The decision from DJI
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Troy Harvey | Bloomberg | Getty Images Attendees play the Activision Blizzard Inc. Call Of Duty: Black Ops 4 video game at the company’s booth during the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Tuesday, June 12, 2018.  Activision Blizzard reported mixed fourth-quarter results Tuesday and offered weak guidance for the first
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Foot Locker is wading deeper into the digital world with its $100 million investment in the online sneaker resell platform Goat Group, the start-up’s CEO told CNBC. The partnership with Goat, which was seen as a threat to the footwear industry, marries the leading sportswear retailer with the largest secondary marketplace for authentic sneakers, Goat
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Prachanart Viriyaraks | Getty Images The Wat Saket (Golden Mountain) and Bangkok Grand Palace in Bangkok, Thailand. Chinese investors have continued pouring their money into Thailand’s property sector even as the kingdom barrels toward an uncertain national election. That underscores the Southeast Asian nation’s enduring popularity with the Chinese — tourists from Asia’s top economy
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