BLOOMBERG US airlines continued to grapple with flight disruptions heading into the busy weekend ahead of Independence Day, keeping the industry on edge even as the recent volatility driven by bad weather and air-traffic control limits showed signs of subsiding. United Airlines Holdings cancelled 8% of its flights as of mid-afternoon on June 30 and delayed 21%, according to data …

BLOOMBERG Nike Inc fell the most in the Dow Jones Industrial Average after the athletic-gear maker’s outlook for the full year failed to win over Wall Street. Full-year revenue for fiscal 2024 should grow in the mid-single digits, led by its direct-to-consumer business, Chief Financial Officer Matthew Friend told analysts during a conference call. Analysts project growth of close to …

BLOOMBERG United Airlines Holdings Inc will have to change, and possibly reduce, its flight schedule at Newark Liberty International Airport while work is under way to expand the number of gates for the carrier, Chief Executive Officer Scott Kirby said in a letter to employees. The letter follows days of extensive flight disruptions as airlines across the US dealt with …