Travel stocks sink after thousands of flights grounded

A display board shows canceled flights to Dubai and Doha amid regional airspace closures at Noi Bai International Airport, amid the U.S.-Israel conflict with Iran, in Hanoi, Vietnam, March 2, 2026. Picture taken with a mobile phone. Thinh Nguyen | Reuters Airline and travel stocks slipped Monday after airspace closures throughout the Middle East forced…

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Life Time, Planet Fitness earnings show K-shaped economy

Two of the largest U.S. gym operators delivered the same headline in their latest earnings reports: strong growth. But beneath the surface, Life Time Group Holdings and Planet Fitness told very different stories about the American consumer. They highlighted a widening divide between higher-income households that continue to spend freely and more price-sensitive consumers who…

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Berkshire CEO Greg Abel vows to keep Buffett’s culture of disciplined investing in first annual letter

Berkshire Hathaway‘s Greg Abel used his first annual shareholder letter as chief executive to reassure investors that the conglomerate’s culture of financial conservatism and disciplined investing established under Warren Buffett will continue “into perpetuity.” “I am honored by our Board’s decision to appoint me CEO of Berkshire and humbled to succeed Warren as I write…

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