As the holidays creep closer airlines get ready for one of the busiest times of the year. Jim Corridore, Airline and Logistics Analyst at CFRA, joins The Long and The Short to discuss which airlines are winning this year.
Corridore has a very positive outlook on the airline industry going into 2018, because travel demand is strong. He says this industry has been raking in money over the past three years--after many years of debt--and is investing in its products. When it comes to American Airlines, Corridore credits its recent success to CEO Doug Parker. He expects the company to be able to outgrow its competitors in revenue over the next few years.
In the news this week, many airlines have banned smart luggage. Passengers have to remove batteries if they are carrying on computers, etc. Until lithium batteries are proven safer, he believes all airlines should ban anything operating with one.
Retailers face tariffs and cost challenges this holiday season. Wells Fargo's Lauren Murphy shares insights on pricing, promotions, and shopping trends.
Dateability, founded by sisters Jacqueline and Alexa Child, is the only dating app for disabled and chronically ill communities, fostering love without limits.
Some small grocery stores and neighborhood convenience stores are eager for the U.S. government shutdown to end and for their customers to start receiving federal food aid again. Late last month, the Trump administration froze funding for the SNAP benefits that about 42 million Americans use to buy groceries. The U.S. Department of Agriculture says about 74% of the assistance was spent last year at superstores like Walmart and supermarkets like Kroger. Around 14% went to smaller stores that are more accessible to SNAP beneficiaries. A former director of the United Nations World Food Program says SNAP is not only a social safety net for families but a local economic engine that supports neighborhood businesses.
Andy Baehr, Head of Product at CoinDesk Indices, breaks down crypto’s Black Friday crash, Bitcoin dipping under $100K, and what’s driving the market rout.
Billionaire Warren Buffett warned shareholders Monday that many companies will fare better than his Berkshire Hathaway in the decades ahead as Father Time catches up
Chris Marquette of POLITICO breaks down how the FAA is cutting flights and facing a critical shortage of air‑traffic controllers amid the government shutdown.
