Priceline Switches to Booking Holdings and Reports Strong Earnings

Priceline officially changed its name to "Booking Holdings" on Tuesday as it reported Q4 results. Overall, Booking Holdings reported a strong Q4. CEO Glenn Fogel joins Cheddar to break down the name change and earnings news. Q4 revenue came in at $2.8 billion, ahead of estimates, and 19% higher than last year. After earnings were reported, shares rose about 6%. Fogel says that travel is what drives the business and that is still strong. When asked about compeition, Fogel is confident in Booking Holdings position in the market. Fogel says the great thing about booking.com, is that it is instantly confirmable. Fogel also touts that there is no booking travel fee with their businesses.

More In Business

Paramount and Skydance Merge Forming $28 Billion Combined Company

The entertainment giant Paramount will merge with Skydance, closing out a decades-long run by the Redstone family in Hollywood and injecting cash.

Documenting the History of Amex as an In-House Historian

For 30 years Ira Galtman’s job has been to document how American Express went from an express stagecoach company in New York in 1850, to what it is today.

Air Travel is Getting Worse, Passenger Surveys tell U.S. Government

Air travel got more miserable last year, if the number of consumer complaints filed with the U.S. government is any measure.

Wall Street Up On Jobs Report Rate-Cut Hopes

U.S. ticked toward more records Friday after a highly anticipated report on the job market bolstered Wall Street’s hopes for interest rate cuts.

Are We on the Verge of a Car-Battery Revolution?

New tech—from Toyota, Nissan and others—could replace lithium-ion in EVs, ushering in an era of safe, fast-charging batteries and 700-mile ranges.

Big Business This Week: Engagements, Reunions, and Hot Dogs

The future of Paramount, Boeing, and the cost of independence.

Grill Green: How To Throw An Eco-Friendly BBQ This July 4th

The Good Charcoal Company offers eco-friendly, chemical-free charcoal sourced from Namibian acacia wood, promoting sustainable grilling practices nationwide.

Sticky Inflation Could Make an Unwelcome Summer Comeback

After a few months of positive data, the Fed chair says he’s in no rush to cut rates – and this analyst says inflation could stick around for the near future.

Manhattan Real Estate Sees Buyer's Market Shift with Falling Prices

Plus: Jerome Powell's cautious stance on rate cuts raises questions about their impact on residential vs. commercial property buying and lending.

Boeing Is Having a Tough Year. Here’s How It Can Pull Out of a Tailspin

As the DOJ potentially prepares to file criminal charges against Boeing, an industry expert breaks down what went wrong – and how it could make things right.

Load More