Business
Chronological wire record. Latest transmission first.
Airlines face severe operational hit as winter storm forces mass cancellations
A major winter storm has forced airlines to cancel thousands of flights and disrupted airport operations nationwide, creating a significant hit to carriers’ schedules and revenue while stranding travelers. The scale of cancellations underscores how weather shocks can ripple through an airline network for days via crew and aircraft displacement.
Markets slide after Trump tariff threats tied to Greenland escalate trade-policy uncertainty
U.S. stocks fell sharply after President Donald Trump threatened new tariffs in connection with his push related to Greenland, jolting global markets and reviving fears of wider trade conflict. The move hit major indexes and pressured large technology stocks, while investors moved toward safer assets.
Winter storm delivers worst air-travel disruption in years, testing airline operations and consumer protections
A major storm system is hammering airline networks and airport operations across the U.S., forcing mass cancellations and creating a costly operational challenge for carriers. The disruption is also spotlighting consumer rights: passengers can choose rebooking, but canceled flights also entitle many travelers to refunds.
Thomson Reuters sets Feb. 5 date for Q4 and full-year 2025 earnings release
Thomson Reuters announced the timing for its next earnings report and investor webcast, with executives scheduled to discuss results and outlook in early February.
Capital One agrees to buy fintech Brex in $5.15 billion deal as earnings season accelerates
Capital One announced a definitive agreement to acquire expense-management and business-card company Brex for $5.15 billion, pairing the deal with quarterly results that narrowly beat expectations.