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China Eastern Airlines Corp. Ltd. News

Delta Air, Air France, Virgin Atlantic, China Eastern Ink Billion-Dollar Deal

New York, London, Amsterdam, Paris and Atlanta will all be better connected.

Delta Needs Creativity to Avoid IRS Tax Liability Turbulence

Delta's recent success means the airline will try to get creative about taxes.

Delta May Forgo Japan in Shift to Rest of Asia

The company's offer to lead a restructuring of bankrupt Skymark Airlines was rejected by creditors in favor of a domestic plan, ending Delta's last best chance to grow in Japan.

Stocks Extend Losing Streak as Oil Closes Below $48

Stocks spend their fifth day in the red on Monday, their longest longest streak in six months.

One Reason Delta Air Lines (DAL) Stock Is Stalling

Delta Air Lines (DAL) stock is lower as the company takes a 3.55% stake in China Eastern Airlines (CEA).

Breaking News

Gap Stock Slumps On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.