It’s been a rough month for United Airlines, but even this week’s latest scandals might not be enough to bite into the company’s bottom line.
After all, when it comes down to it, The Points Guy’s Emily McNutt said only one thing really matters to consumers.
“Industry trends show us that passengers are looking for low fares,” the news editor told Cheddar. “So I don’t think [the incidents] would be that detrimental for United in the long run.”
Just this week a puppy died on a United flight, sparking national outrage and prompting Senator John Kennedy (R-LA) to propose [legislation](https://twitter.com/SenJohnKennedy/status/974314896098824197) to protect pets while traveling. Days later another dog was mistakenly sent to Japan rather than Kansas City.
And it doesn’t stop there. Last year a passenger was dragged off a United cabin and a pet rabbit died on one of its aircrafts. Earlier this month, before the latest news, the company said it would subject its customer service staff to a mandatory “compassion” training to prevent such incidents from happening again.
But even if nothing changes, consumers who want to boycott but are driven by price may have little choice.
“Route networks are expanding in a way, but they’re also condensing in the sense that low-cost carriers are growing into this legacy market and taking over,” she said, “especially on domestic flights.”
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Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
