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Delta Air Lines starts offering bare-bones basic economy award tickets to frequent flyers
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Delta Air Lines starts offering bare-bones basic economy award tickets to frequent flyers

Frequent flyers who like to pick their seats may need to shell out more miles for their next award ticket. has been quietly offering its most restrictive tickets to loyal travelers on some routes. Since last month, Delta has been offering SkyMiles members no-frills basic economy award tickets, along side […]

Why are markets so volatile? JP Morgan‘s quant guru thinks ‘fake news‘ is to blame
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Why are markets so volatile? JP Morgan‘s quant guru thinks ‘fake news‘ is to blame

There‘s a yawning chasm between the real U.S. economy and how markets are behaving, and the media is to blame, according to J.P. Morgan Chase‘s top quant Marko Kolanovic. Strong corporate profit growth and consumer spending signal that the economic expansion isn‘t about to end, in contrast to future price-earnings […]

GE makes it official, lowers dividend to a penny
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GE makes it official, lowers dividend to a penny

made its painful dividend cut official on Friday, with the company‘s board of directors authorizing the payout to be cut to just a penny a share. GE first announced in late October it would be to 1 cent a share, the second dividend cut announcement this year for the beleaguered […]

Coca-Cola chairman: ‘More unknowns, more volatility‘ are making running a global business tougher
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Coca-Cola chairman: ‘More unknowns, more volatility‘ are making running a global business tougher

outgoing chairman is planning his retirement at a time when he sees running a global business becoming an even more difficult task. “I think running a global business is getting tougher, it‘s getting harder. Not just the global competition, but also the sociopolitical dynamics around the world are making it […]

Altria shutters its e-cigarette brands as it eyes Juul, awaits iQOS decision
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Altria shutters its e-cigarette brands as it eyes Juul, awaits iQOS decision

Tobacco giant is giving up on its existing e-cigarette brands as it eyes the best-selling brand, Juul. Altria on Friday said , along with Verve oral nicotine products. It said was based on the products‘ financial performance and the regulatory process that would require Altria to file any updates with […]