JetBlue posts bigger loss on fuel costs, but CEO says margins improving
JetBlue Airways is in the middle of a plan that aims to cut costs and increase premium revenue.
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Anthropic reveals rapid revenue gains and larger losses in stock market filing
Market debut of AI company behind Claude chatbot will be one of largest in US history, a test of the AI boom’s financial viability Anthropic has publicly filed for a stock market listing in what is slated to be one of the largest debuts in history. The company’s float on the US market will serve as a test of the financial viability of the multitrillion-dollar AI boom. Analysts and investors have valued the San Francisco-based company, founded in 2021, at more than $1.5tn. The company, which will will list under the symbol ANT, confidentially filed with…
Marc Lore’s Wonder bets on Texas, automation and user-built restaurants as it mulls IPO
Wonder is leaning into automation and user-built restaurants as founder Marc Lore prepares the startup for a potential IPO.
European gas prices soar to four-year high over winter supply fears
Jump fuelled by fears of further Middle East supply disruptions amid reports of US-Israeli plans to strike Iran European gas prices have jumped to levels not seen since 2022 as fears continue to grow around the continent’s supply this winter and the conflict in the Middle East. Wholesale gas prices hit €97 (£81) a megawatt-hour on Monday, as temperatures across Europe fell and traders priced in stronger demand for heating.
Healey to shield low-income pensioners from income tax in the Budget
Changes are needed to prevent the full, flat-rate state pension becoming liable for income tax after it rises in April.