DAL – The News Desk

30Dec

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World

Delta Throttles Back on Pilot Hiring

Delta Air Lines plans to hire roughly half as many pilots next year as it did in 2023, the latest sign that a more than two-year-long pilot hiring spree is starting to slow.Major carriers have been hiring pilots at a record clip as they raced to catch up with the rapid rebound in travel demand that followed the Covid-19 pandemic. They hired over 13,000 pilots last year and are on track to bring on nearly as many this year, according to FAPA.aero, a pilot career advisory firm. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Air Travel in 2023 Was a Nightmare. And Flying Isn’t Likely to Get Much Better in 2024.

10Dec

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World

Air Travel in 2023 Was a Nightmare. And Flying Isn’t Likely to Get Much Better in 2024.

Journal Reports: Year in ReviewWhy the U.S. Needs a Moonshot Mentality for AI—Led by the Public SectorBy Fei-Fei Li , and John EtchemendyDecember 9, 2023 at 3:00 PM ETArtificial intelligence is too important to be left entirely in the hands of the big tech companies.

8Dec

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Money

Tech Shares Power Stock Market Higher

Stocks resumed their climb Thursday, led by the shares of big technology companies that have powered the market for much of the year. The S&P 500 was up 0.8%, closing near its high for the year. The tech-heavy Nasdaq Composite rose 1.4%, and the Dow Jones Industrial Average gained 0.2%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

7Dec

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Money

Bond Yields Tumble, Stocks Retreat

A rally in Treasurys intensified Wednesday, dragging yields on 10-year notes to the lowest level since August, while stocks turned lower. Major indexes wavered between small gains and losses before ending the session around their lows of the day. The S&P 500 lost 0.4%, while the Dow Jones Industrial Average shed 70 points, or 0.2%. The tech-heavy Nasdaq Composite fell 0.6%. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

18Oct

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Money

10-Year U.S. Treasury Yield Tops 4.9%

Long-term bond yields hit a fresh 16-year high Wednesday, weighing on stocks already pressured by the conflict in Gaza and corporate earnings results.The 10-year U.S. Treasury yield rose to 4.902%, the highest closing level since July 2007. The S&P 500 fell 1.3%. The Dow Jones Industrial Average shed 332.57 points, or 1%. The Nasdaq Composite lost 1.6%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Flight Delays and Other Uncertainties Slow Business Travel’s Rebound

18Oct

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World

Flight Delays and Other Uncertainties Slow Business Travel’s Rebound

Meeting the client in person and on time has become more challenging for road warriors with the rising number of air-traffic delays and full flights.During the first nine months of 2023, more than 22% of flights to or from U.S. airports were delayed, according to data from FlightAware. That’s up from roughly 17% during the same period in 2019.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8