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American Airlines has cut its forecast for second-quarter profit, lowering expectations for earnings. The airline cited weaker pricing power, with total revenue per seat mile now expected to decline higher than anticipated. Chief Commercial Officer Vasu Raja will also leave American Airlines in June after leading the company's new business strategy. Analysts have questioned American's moves to prioritize smaller markets over corporate clients. The forecast cut comes despite projections for record levels of summer travel demand and flyer numbers from the TSA and industry group Airlines for America.
American Airlines Lowers Profit Forecast Amid Analyst Skepticism Over Strategy Moves
⏲ 0:37 👁 370K
Rational Investing with Cameron Stewart, CFA
Verizon (VZ) Stock Analysis. A Dividend Stock to Buy in 2022?
⏲ 23 minutes 12 seconds 👁 8K
Dividendology
Verizon Stock SOARS on Earnings Report! | Verizon (VZ) Stock Analysis! |
⏲ 8 minutes 12 seconds 👁 3.2K
The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
IRS Quietly Changes The Rule On How Your Children’s Inheritance Will Be Taxed
⏲ 1:29 👁 295K
curiously Atywood
Verizon 11 pro max (refurbished) unbox and thoughts. Reasons why.
⏲ 10 minutes 23 seconds 👁 2.4K
CNBC Television
Verizon posts EPS miss, revenue beat
⏲ 1 minute 40 seconds 👁 291
The Court of Appeal has ruled unanimously that the Trinidad and Tobago Revenue Act is valid and constitutional and does not breach the constitutional rights of public officers.<br/><br/>However, the President of the Public Services Association tells TV6 News that the union will be taking the matter to this country's highest appeal court, the Privy Council in London.<br/><br/>Juhel Browne reports.
APPEAL COURT RULES ON TTRA, PSA GOES TO P.C.
⏲ 2:58 👁 270K
CNBC Television
Verizon: Here's why Wolfe Research upgraded the stock to 'outperform'
⏲ 2 minutes 55 seconds 👁 1.6K
CNBC Television
Verizon CEO Hans Vestberg on Q1 earnings
⏲ 4 minutes 57 seconds 👁 6.7K
Selena Gomez recently expressed admiration for Rihanna, stating she feels \
Selena Gomez ‘Honored’ By Rare Beauty and Rihanna’s Fenty Beauty Comparison
⏲ 1:27 👁 385K
Seaweed has long been considered a healthy and enriching delicacy in many cultures. But with fish stocks under pressure it's becoming an important alternative source of revenue to traditional fishing and aquaculture in Europe.
Seaweed farming: a new lifeline for fishers facing declining catches
⏲ 8:0 👁 120K
T-Mobile Announces Deal , to Acquire Most of , U.S. Cellular .<br/>T-Mobile Announces Deal , to Acquire Most of , U.S. Cellular .<br/>On May 28, T-Mobile announced that <br/>it will acquire most of competitor <br/>U.S. Cellular in a massive $4.4 billion deal.<br/>ABC reports that the deal would give T-Mobile, <br/>already one of the largest wireless providers in <br/>the United States, an additional 4 million customers.<br/>ABC reports that the deal would give T-Mobile, <br/>already one of the largest wireless providers in <br/>the United States, an additional 4 million customers.<br/>The deal will also see T-Mobile acquire <br/>hundreds of brick-and-mortar stores <br/>and a wider presence in rural areas.<br/>The deal will also see T-Mobile acquire <br/>hundreds of brick-and-mortar stores <br/>and a wider presence in rural areas.<br/>The acquisition will also expand T-Mobile's <br/>spectrum rights, a federal license permitting <br/>the transmission of mobile signals.<br/>According to T-Mobile, the deal <br/>is expected to close sometime <br/>in the middle of 2025.<br/>As customers from both <br/>companies will get more <br/>coverage and more capacity <br/>from our combined footprint, <br/>our competitors will be forced <br/>to keep up -- and even more <br/>consumers will benefit, Mike Sievert, CEO of T-Mobile, via ABC.<br/>As customers from both <br/>companies will get more <br/>coverage and more capacity <br/>from our combined footprint, <br/>our competitors will be forced <br/>to keep up -- and even more <br/>consumers will benefit, Mike Sievert, CEO of T-Mobile, via ABC.<br/>T-Mobile added that U.S. Cellular <br/>will retain control of a portion of the <br/>company's spectrum rights and cellular towers. .<br/>According to T-Mobile, the deal will provide <br/>customers with more competitive options to the <br/>two largest U.S. wireless carriers: Verizon and AT&T.<br/>According to T-Mobile, the deal will provide <br/>customers with more competitive options to the <br/>two largest U.S. wireless carriers: Verizon and AT&T.<br/>By tapping into the additional <br/>capacity and coverage created <br/>through the combined spectrum <br/>and wireless assets, T-Mobile <br/>will spur competition, T-Mobile statement, via ABC.<br/>The news comes after a series of <br/>acquisitions for T-Mobile aimed at <br/>accelerating the wireless provider's growth
T-Mobile Announces Deal to Acquire Most of U.S. Cellular
⏲ 1:31 👁 175K
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