Author: Mark Calvey

United Airlines CEO Scott Kirby shares outrage over tactics ultra-low-cost-carriers use to generate revenue. Hint: Hang on to your purse.

“This company is not efficient — like period, end of story,” CEO Charlie Scharf said.

Wells Fargo economists expect rate cuts in 2024, with falling consumer confidence potentially having a greater impact on spending now that consumers are running low on savings and available credit.

Wells Fargo is still trying to move beyond the 2016 fake account scandal. It’s harder than it looks.

Wells Fargo’s CFO says he’s personally assessing some of the bank’s commercial real estate loans, property by property. “Where are the risks, are we getting ahead of it?” he asks.

One airline says it’s seeing a “recent significant unexpected change in the booking trajectory.” Can lower airfares be on the horizon?

Chicago-based United Airlines spurred speculation about a headquarters move after making a major land purchase in another city.

The dominant carrier at San Francisco International Airport paid hefty sign-on bonuses earlier this year to attract aircraft maintenance technicians.

“More and more, individual corporate customers pick the airlines they want to fly on versus the purchasing manager at their business,” a United Airlines executive said. “This change in consumer behavior was locked in during the pandemic and now seems i…

“Homeownership has long provided the most effective pathway for families to build generational wealth in America,” said Janet Murguia, president and CEO of UnidosUS.