Strategy, BlackRock, and Coinbase Launch Bitcoin Security Consortium: Why Are Industry Giants Investing in Bitcoin's Long-Term Security?

The post American Airlines Posts Loss But Says This Quarter Will Be Profitable appeared on BitcoinEthereumNews.com. American Airlines aircraft line up at the gates at National Airport in February 2024. (Photo by J. David Ake) Getty Images American Airlines lost money in every region in the third quarter but projected a current quarter profit. The carrier reported Thursday that third quarter revenue was $13.7 billion, up 0.3% from a year earlier. Excluding items, it lost $111 million, compared with $149 million in the same quarter last year. The per share loss was 17 cents. Analysts polled by Zacks had estimated a loss of 27 cents. Looking ahead, American said it expects a fourth quarter profit between 45 cents and 75 cents a share, with full-year adjusted earnings per share to be between 65 cents and 95 cents and full-year free cash flow more than $1 billion. “The American Airlines team is delivering on our commitments,” said American’s CEO Robert Isom. “We’ve built a strong foundation, with best-in class cost management and a focus on strengthening the balance sheet. Looking forward, I’m confident that continued investments in our network, customer experience and loyalty program will position us well to drive revenue growth and shareholder value in 2026 and beyond.” Overall passenger revenue per available seat mile declined 2.7%, with domestic down 1.6% while Latin declined 6.1%, Atlantic declined 3.8% and Pacific declined 6.1%. American said year-over-year unit revenues improved sequentially throughout the quarter with September producing positive unit revenue growth. Premium unit revenue growth year over year continues to outperform the main cabin. By the end of the year, American expects it will have fully restored its share of indirect revenue that was impacted by its former sales strategy. The carrier said “it is now shifting focus to expanding its share of indirect revenue beyond historical levels, which, combined with improved distribution capabilities, is expected to produce…

The post Pep Guardiola And The One Thing Manchester City Has Lost appeared on BitcoinEthereumNews.com. MANCHESTER, ENGLAND – NOVEMBER 25: Manchester City’s Nathan Ake reacts after his shot is saved with Omar Marmoush Abdukodir Khusanov and Rico Lewis close by during the UEFA Champions League 2025/26 League Phase MD5 match between Manchester City and Bayer 04 Leverkusen at City of Manchester Stadium on November 25, 2025 in Manchester, England. (Photo by Lee Parker – CameraSport via Getty Images) CameraSport via Getty Images Eyebrows were raised as soon as the team sheets landed for Manchester City’s Champions League clash with Bayer Leverkusen. Given the intense schedule that lies ahead for Pep Guardiola’s side, changes were expected. But the 10 alterations from the starting lineup against Newcastle United made the team unrecognisable. Even the goalkeeper was swapped, and for the majority of the game, it showed. Opportunities to capitalize on the German side’s sloppy build-up were frequently passed up City got the ball in dangerous areas, but in the opening exchanges, never looked like scoring. As the game wore on, Guardiola called upon more and more starters to help make the breakthrough, and by the end of the game, Erling Haaland, Jeremy Doku, Phil Foden, and Rayan Cherki were all on the field. But a 0-2 deficit couldn’t be overturned, thanks in no small part to an excellent performance by Leverkusen’s goalkeeper Marc Flekken. In the postgame, Guardiola bore the brunt of the blame for the defeat. “I have to accept it,” Guardiola told TNT Sport in response to criticisms about the number of changes. “If we win, it wouldn’t be a problem, so I have to accept that maybe it’s a lot.” “I always had the belief of the long season and everyone had to be involved but maybe it was too much. They played not to make mistakes instead of doing what we had to…

The post The Dangerous Contradiction Within Higher Federal Deposit Insurance appeared on BitcoinEthereumNews.com. WASHINGTON, DC – AUGUST 18: The entrance to the Federal Deposit Insurance Corporation (FDIC) is seen on August 18, 2024, in Washington, DC. (Photo by J. David Ake/Getty Images) Getty Images More federal deposit insurance will weaken banks, depositors at banks, and the U.S. economy more broadly. Say what’s true repeatedly. To see the obvious contradiction in legislation meant to increase deposit insurance from $250,000 per account to $10 million per, simply look a little bit deeper into the details. The insurance is for non-interest-bearing accounts. Bank accounts that don’t pay interest speak loudly to the desires of the owners of those accounts. These are generally checking accounts. Owners of checking accounts want little to no risk. Call non-interest-bearing accounts what they are: money storage for everyday spending needs, debit cards, or just paying bills. By extension, banks logically take the desires of non-interest-bearing account holders very seriously. The money isn’t to be put at major or even minor long or short-term risk precisely because it’s expected to be easily accessible in penalty-free fashion as a consequence of no interest being paid on the funds. It speaks to the near total mismatch of proposed federal legislation meant to increase federal deposit insurance. The legislation implies that money placed in a checking account for everyday transactions is money that banks are routinely putting at risk. No, not at all. Which once again explains the lack of interest paid. Please think about this with substantially expanded FDIC insurance top of mind. Suddenly funds stored at banks for daily use, and that aren’t being put at risk for precisely that reason, would be federally insured as though they were. There are costs associated with such insurance. And as has been reported already, banks would be saddled with those costs through the payment of…