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Business

“Delta Air Lines profit jumps almost 60% after strong summer”

“Delta Air Lines’ profit rose nearly 60% in the third quarter as strong travel demand continued through the summer, particularly for international trips, though the carrier forecast full-year earnings toward the low end of an earlier estimate after a jump in fuel prices. In… Continue Reading…

Economy, Energy

“Why it’s so hard to build new electrical transmission lines in the U.S.”

“…Building new transmission lines in the United States is like herding cats. Unless that process can be fundamentally improved, the nation will have a hard time meeting its climate goals. The transmission system in the U.S. is old, doesn’t go… Continue Reading…

Economy

“Long lines are back at US food banks as inflation hits high”

“…Inflation in the U.S. is at a 40-year high and gas prices have been surging since April 2020, with the average cost nationwide briefly hitting $5 a gallon in June. Rapidly rising rents and an end to federal COVID-19 relief have also taken a… Continue Reading…

Stocks

“3 Airline Stocks Ready for Takeoff”

“Southwest Airlines Co. (LUV)… …From a technical standpoint, the share price broke out above a nine-month downtrend line that may see it retest its pre-pandemic high at $58.83. The airline has a market cap of $27.35 billion… Delta Air Lines,… Continue Reading…

Business, Economy

“More Airlines Plan Big Layoffs Despite Taking Billions In Bailout Money”

“American Airlines stock fell Thursday after a letter to employees outlining planned job cuts due to the coronavirus surfaced late Wednesday. Delta Air Lines (DAL) is also preparing a round of voluntary job reductions. In the staff letter, American Airlines (AAL) said it would… Continue Reading…