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JPMorgan Chase has agreed to purchase the credit card rewards and travel operations of a former partner to bolster its loyalty program, CNBC has learned. The bank agreed Monday to acquire the technology platforms, travel agency, gift card and points businesses of cxLoyalty Group, a privately-held Stamford, Connecticut-based company, according to a person with direct
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American Airlines flight 718, the first U.S. Boeing 737 MAX commercial flight since regulators lifted a 20-month grounding in November, takes off from Miami, Florida, December 29, 2020. Marco Bello | Reuters American Airlines expects the impact of the coronavirus pandemic to continue to weigh on demand and schedules into 2021, the carrier’s president said
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People walk past the closed entrance of the Eurostar terminal at Brussels South railway station after Britain’s European neighbors began closing their doors to travelers from the United Kingdom amid alarm about a rapidly spreading strain of coronavirus, in Brussels, Belgium December 21, 2020. Yves Herman | Reuters LONDON — Anxious, angry, and alone. That’s
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­­­­­­­­­­­­­­­­­­­New preflight testing programs are allowing a small number of Americans to have a European Christmas holiday this year after all. On Tuesday, Delta Air Lines launched a Covid-19 testing program for customers flying from Atlanta to Amsterdam, while a second program is scheduled to start on Saturday for Delta passengers flying to Rome. Unlike
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Winnebago CEO Michael Happe told CNBC on Friday he expects the coronavirus pandemic-inspired surge in recreational vehicle sales to last into next year. The comments came after the Forest City, Iowa-based company reported strong quarterly results that exceeded Wall Street expectations. Investors cheered the quarter Friday, with shares of Winnebago closing higher by more than
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