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American rises as CEO sees cash flow poised for takeoff

Bloomberg American Airlines Group Inc surged as executives sketched out a robust outlook for 2020 after two punishing years for investors. Profit and cash flow are poised to rise as the company improves operations and reaches the end of heavy investments in new jets, Chief Executive Officer Doug Parker said. That will enable the company to cut debt even if ...

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Amazon tumbles as profit declines for first time in two years

Bloomberg Amazon.com Inc’s effort to get packages from warehouse to doorstep in a single day helped push the retail giant to its first year-over-year quarterly profit decline since early 2017. The spending binge isn’t over. Amazon Chief Financial Officer Brian Olsavsky said that the costs of the company’s one-day delivery push will total some $1.5 billion during the holiday quarter. ...

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Apple, United in early talks to upgrade SFO terminal

Bloomberg United Airlines and Apple Inc are in early discussions about upgrading United’s terminal at San Francisco (SFO) International airport. The talks between the companies have just begun and the specific upgrades that would come to the SFO airport terminal are unclear. “The Apple team in San Francisco has been in our baggage hold areas, customer service and the lobbies,” ...

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