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Move in or check out? Shares of Airbnb are down 36% from their February highs heading into the vacation rental company’s earnings announcement after Thursday’s closing bell. It will be the company’s second report since going public in December. With the shares falling 3.5% to around $135 in Thursday’s trading session, there’s limited hope for
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In this article AAL Holding tanks are seen at Colonial Pipeline’s Charlotte Airport Delivery Facility in Charlotte, North Carolina, U.S. an undated photograph. Colonial Pipeline | via Reuters The cyberattack that forced the shutdown of the country’s largest refined fuel-products pipeline over the weekend has sparked some routing changes for American Airlines as it seeks
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Hilton CEO Christopher Nassetta told CNBC on Wednesday there are reasons to be optimistic about the recovery of corporate travel following a prolonged coronavirus-related slowdown. “This is as good as I’ve felt since the pandemic started in terms of where we are and what I see in forward-looking trends and bookings in the business,” Nassetta
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The Biden administration’s recently announced restrictions on travelers from India are unlikely to play a significant role in limiting new coronavirus cases in the U.S., Dr. Scott Gottlieb told CNBC on Friday. “Will it have an impact? Perhaps a minor impact on the margins in terms of reducing introductions. It’s not going to dramatically affect our
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