Mark Calvey - HoustonNewMedia.org https://houstonnewmedia.org/author/mark-calvey/ Building "Bridges" Across the Bayou City! Fri, 18 Apr 2025 19:59:38 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 Mark Calvey - HoustonNewMedia.org https://houstonnewmedia.org/author/mark-calvey/ 32 32 103504436 United Airlines bracing for possible recession amid lower demand https://houstonnewmedia.org/united-airlines-bracing-for-possible-recession-amid-lower-demand/?utm_source=rss&utm_medium=rss&utm_campaign=united-airlines-bracing-for-possible-recession-amid-lower-demand Fri, 18 Apr 2025 19:59:38 +0000 http://houstonnewmedia.org/?guid=8c927018c63ab794cb85e118b7805d14 “The decline in demand happened so quickly in mid-February and March, so we didn’t have an opportunity to really react quickly enough to fill up seats," a United Airlines executive said.

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]]> 941043 Wells Fargo economists predict Fed rate cuts as labor market weakens https://houstonnewmedia.org/wells-fargo-economists-predict-fed-rate-cuts-as-labor-market-weakens/?utm_source=rss&utm_medium=rss&utm_campaign=wells-fargo-economists-predict-fed-rate-cuts-as-labor-market-weakens Mon, 14 Apr 2025 19:29:05 +0000 http://houstonnewmedia.org/?guid=769dc9cdba8546e681c23aa65baa65a0 “We’re expecting payroll hiring to come close to grinding to a halt this year, which we think would push up the unemployment rate to 4.6% in the fourth quarter," Wells Fargo Senior Economist Sarah House told the bank’s clients.

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]]> 939118 United Airlines makes big changes to lounge access and its co-branded credit cards https://houstonnewmedia.org/united-airlines-makes-big-changes-to-lounge-access-and-its-co-branded-credit-cards/?utm_source=rss&utm_medium=rss&utm_campaign=united-airlines-makes-big-changes-to-lounge-access-and-its-co-branded-credit-cards Tue, 25 Mar 2025 17:41:13 +0000 http://houstonnewmedia.org/?guid=e8557f18db22296c77059fcaa82fd21a United Airlines' loyal travelers can look forward to wading through a lot of fine print after the carrier overhauled its United Club membership and credit card program.

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]]> 925320 United Airlines is bracing for record-breaking spring-break season https://houstonnewmedia.org/united-airlines-is-bracing-for-record-breaking-spring-break-season/?utm_source=rss&utm_medium=rss&utm_campaign=united-airlines-is-bracing-for-record-breaking-spring-break-season Wed, 12 Mar 2025 12:54:32 +0000 http://houstonnewmedia.org/?guid=a0294cc635772f4d699276c4410eca92 United Airlines expects to carry a record number of passengers between March 10 and April 27.

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]]> 917955 United Airlines CEO lets loose on FAA: ‘By far our biggest challenge’ https://houstonnewmedia.org/united-airlines-ceo-lets-loose-on-faa-by-far-our-biggest-challenge/?utm_source=rss&utm_medium=rss&utm_campaign=united-airlines-ceo-lets-loose-on-faa-by-far-our-biggest-challenge Mon, 10 Mar 2025 21:55:18 +0000 http://houstonnewmedia.org/?guid=6c8d5041d64bed3ae387d209d7c0afed “68% of our delays were because of air traffic control restrictions,” said United Airlines CEO Scott Kirby.

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]]> 916632 How United Airlines aims to heighten customer loyalty https://houstonnewmedia.org/how-united-airlines-aims-to-heighten-customer-loyalty/?utm_source=rss&utm_medium=rss&utm_campaign=how-united-airlines-aims-to-heighten-customer-loyalty Thu, 20 Feb 2025 14:05:01 +0000 http://houstonnewmedia.org/?guid=cf0bd641f1d6f70a9a4c53aa5a577155 The airline sees its MileagePlus program as an engine of profitability. That's good news for travelers.

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]]> 906198 United Airlines accelerates plans for Elon Musk’s Starlink Wi-Fi service to take flight https://houstonnewmedia.org/united-airlines-accelerates-plans-for-elon-musks-starlink-wi-fi-service-to-take-flight/?utm_source=rss&utm_medium=rss&utm_campaign=united-airlines-accelerates-plans-for-elon-musks-starlink-wi-fi-service-to-take-flight Tue, 07 Jan 2025 22:19:00 +0000 http://houstonnewmedia.org/?guid=49d89565fc7ea164603b01cb10a54dab United Airlines said a faster rollout of Starlink on its planes will allow for "game-changing" inflight experiences such as streaming, shopping and more.

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]]> 875995 United Airlines expects record holiday travel, up 12% from 2023 https://houstonnewmedia.org/united-airlines-expects-record-holiday-travel-up-12-from-2023/?utm_source=rss&utm_medium=rss&utm_campaign=united-airlines-expects-record-holiday-travel-up-12-from-2023 Tue, 17 Dec 2024 13:50:23 +0000 http://houstonnewmedia.org/?guid=2d7bb8facdc6f16a19b34020ac564d06 United added nearly 500 flights a day on average to meet holiday travel demand.

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]]> 863229 Wells Fargo offers sobering outlook for rate cuts https://houstonnewmedia.org/wells-fargo-offers-sobering-outlook-for-rate-cuts/?utm_source=rss&utm_medium=rss&utm_campaign=wells-fargo-offers-sobering-outlook-for-rate-cuts Fri, 13 Dec 2024 13:55:57 +0000 http://houstonnewmedia.org/?guid=0f553a79b45daacf204c83d3f1623dfd Wells Fargo economists' revised rate-cut outlook is sure to disappoint real estate investors seeking relief in lower interest rates.

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]]> 861292 United Airlines, Houston Airports expect record Thanksgiving travel https://houstonnewmedia.org/united-airlines-houston-airports-expect-record-thanksgiving-travel/?utm_source=rss&utm_medium=rss&utm_campaign=united-airlines-houston-airports-expect-record-thanksgiving-travel Wed, 27 Nov 2024 01:37:00 +0000 http://houstonnewmedia.org/?guid=68f580a8bb66ce65af28a4aacb3aa5df United Airlines said it's seeing a change in travel behavior for this year's Thanksgiving holiday.

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]]> 853741 Wells Fargo: Trump victory could slow pace of Fed rate cuts https://houstonnewmedia.org/wells-fargo-trump-victory-could-slow-pace-of-fed-rate-cuts/?utm_source=rss&utm_medium=rss&utm_campaign=wells-fargo-trump-victory-could-slow-pace-of-fed-rate-cuts Thu, 07 Nov 2024 13:38:45 +0000 http://houstonnewmedia.org/?guid=de11365ff1917a60ce6597fb12b2f580 Trump will have the opportunity to name a new Federal Reserve chairman in May 2026, with a Republican-controlled Senate able to confirm his nomination before the midterm elections later that year.

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]]> 842968 Wells Fargo CEO Charlie Scharf on commercial real estate: ‘Things aren’t getting better’ https://houstonnewmedia.org/wells-fargo-ceo-charlie-scharf-on-commercial-real-estate-things-arent-getting-better/?utm_source=rss&utm_medium=rss&utm_campaign=wells-fargo-ceo-charlie-scharf-on-commercial-real-estate-things-arent-getting-better Thu, 17 Oct 2024 19:49:51 +0000 http://houstonnewmedia.org/?guid=7092a0bbacbba890a5da181797ba3926 "What you see is just more of the significant revaluation because of supply and demand," Wells Fargo CEO Charlie Scharf said of commercial real estate.

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]]> 833338 United Airlines’ advice to startups seeking the carrier as a client: set ‘good boundaries’ https://houstonnewmedia.org/united-airlines-advice-to-startups-seeking-the-carrier-as-a-client-set-good-boundaries/?utm_source=rss&utm_medium=rss&utm_campaign=united-airlines-advice-to-startups-seeking-the-carrier-as-a-client-set-good-boundaries Wed, 25 Sep 2024 12:40:27 +0000 http://houstonnewmedia.org/?guid=d10a97023dff8e365b1d62c900a4640e Tech startups may pursue a large client as a ticket to growth without understanding the risks involved, United Airlines CIO Jason Birnbaum said.

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]]> 823217 Why Wells Fargo is in trouble with regulators again https://houstonnewmedia.org/why-wells-fargo-is-in-trouble-with-regulators-again/?utm_source=rss&utm_medium=rss&utm_campaign=why-wells-fargo-is-in-trouble-with-regulators-again Tue, 17 Sep 2024 18:03:23 +0000 http://houstonnewmedia.org/?guid=b56ba0982244efc2c813992f21d4d6ec Some see the latest regulatory action dashing hopes that a punitive asset cap would be lifted soon. "The bank still has work to do," one analyst said.

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]]> 819846 United Airlines CEO Scott Kirby says hands off airline loyalty programs https://houstonnewmedia.org/united-airlines-ceo-scott-kirby-says-hands-off-airline-loyalty-programs/?utm_source=rss&utm_medium=rss&utm_campaign=united-airlines-ceo-scott-kirby-says-hands-off-airline-loyalty-programs Tue, 17 Sep 2024 17:37:05 +0000 http://houstonnewmedia.org/?guid=a85ff2493dc787addb387962336488dd The United CEO's comments come amid regulatory scrutiny that could threaten airline loyalty programs and popular credit cards that offer rewards.

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]]> 819848 Ahead of Boeing strike, United Airlines CFO saw storms coming to industry https://houstonnewmedia.org/ahead-of-boeing-strike-united-airlines-cfo-saw-storms-coming-to-industry/?utm_source=rss&utm_medium=rss&utm_campaign=ahead-of-boeing-strike-united-airlines-cfo-saw-storms-coming-to-industry Mon, 16 Sep 2024 12:51:03 +0000 http://houstonnewmedia.org/?guid=7345625a5eba141c239ad70832244491 The Boeing strike is just one factor in a brewing storm facing the airline industry, according to United Airlines CFO Mike Leskinen.

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]]> 819373 Wells Fargo sees commercial real estate possibly reaching ‘some semblance of stability’ https://houstonnewmedia.org/wells-fargo-sees-commercial-real-estate-possibly-reaching-some-semblance-of-stability/?utm_source=rss&utm_medium=rss&utm_campaign=wells-fargo-sees-commercial-real-estate-possibly-reaching-some-semblance-of-stability Wed, 11 Sep 2024 19:58:32 +0000 http://houstonnewmedia.org/?guid=5550b4cb283951603568b9729cea531c Wells Fargo said the “increasingly prudent consumer” is reflected in commercial real estate demand.

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]]> 817228 Why Wells Fargo sees Fed cutting rates ‘aggressively’ https://houstonnewmedia.org/why-wells-fargo-sees-fed-cutting-rates-aggressively/?utm_source=rss&utm_medium=rss&utm_campaign=why-wells-fargo-sees-fed-cutting-rates-aggressively Thu, 29 Aug 2024 12:58:44 +0000 http://houstonnewmedia.org/?guid=7f975ff55112afd7177d46a536c8a825 "We see significant policy easing in the coming months and quarters,” Wells Fargo's economists said in discussing the outlook for Fed rate cuts.

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]]> 812188 United Airlines expects record Labor Day travel https://houstonnewmedia.org/united-airlines-expects-record-labor-day-travel/?utm_source=rss&utm_medium=rss&utm_campaign=united-airlines-expects-record-labor-day-travel Tue, 20 Aug 2024 19:50:33 +0000 http://houstonnewmedia.org/?guid=c462156153ca1c1a84e11a09a238d517 United Airlines, the dominant carrier at Houston's George Bush Intercontinental Airport (IAH), said it's enjoying a "truly exceptional summer travel season."

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]]> 809073 Wells Fargo: Fed risks ‘vicious circle’ downturn without ‘aggressive’ rate cuts https://houstonnewmedia.org/wells-fargo-fed-risks-vicious-circle-downturn-without-aggressive-rate-cuts/?utm_source=rss&utm_medium=rss&utm_campaign=wells-fargo-fed-risks-vicious-circle-downturn-without-aggressive-rate-cuts Wed, 07 Aug 2024 20:38:27 +0000 http://houstonnewmedia.org/?guid=9238f6e6b9953b52135f0c0ae6592676 “Getting back to ‘neutral’ will require aggressive easing,” Wells Fargo economist Jay Bryson said in discussing Fed rate cuts ahead.

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