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Visa profit beats as payment volumes surge on travel demand

Oct 25 (Reuters) – Visa Inc (V.N) reported better-than-expected quarterly earnings on Friday as more Americans took advantage of a stronger dollar to fly to international destinations and splurge on shopping and entertainment. Upbeat earnings from Visa and rival American Express (AXP.N) further underscore the strength in U.S. consumer spending, which has largely managed to …

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U.S. carriers add transatlantic flights for travel-hungry consumers

CHICAGO, Oct 21 (Reuters) – U.S. carriers including Delta Air Lines (DAL.N) and United Airlines (UAL.O) are betting big on American consumers’ unquenched thirst for travel across the Atlantic by adding more flights to Europe. U.S. airlines are responding to consumers emboldened by a more powerful U.S. dollar and more flexible work arrangements that allow …

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Day after U.S. drone accusations, Iran advises citizens not to visit Ukraine

Oct 21 (Reuters) – Iran advised its citizens on Friday not to travel to Ukraine and urged Iranians already there to leave, semi-official news agencies reported, a day after the United States accused Iran of helping Russia operate drones against Ukraine. The Iranian foreign ministry advisory did not refer to the U.S. allegation. It gave …

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Visa, Mastercard profits expected to jump as travel rebounds

Oct 20 (Reuters) – U.S. card companies are expected to benefit as pandemic-weary consumers continue to fuel demand for travel, one of the biggest contributors to revenue, despite rising inflation. With more companies resuming business travel and people planning vacations, Visa Inc (<V.N>), Mastercard (<MA.N>) and American Express (<AXP.N>) are likely to see a jump …

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Tellus Science Museum adds rare recently fallen Georgia meteorite to collection

article JUNCTION CITY, Ga. – Georgia’s Tellus Science Museum has a new addition to its collection, and it’s one that out of this world. Late at night on Sept. 26, a meteorite exploded over the small town of Junction City, Georgia – bursting into a fireball that lit up part of Talbot County’s sky. That …

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Hundreds of Venezuelan migrants leave southern Mexico to travel to U.S. border

TAPACHULA, Mexico, Oct 14 (Reuters) – Hundreds of migrants set off from Mexico’s southern border early on Friday on a northward journey to the U.S.-Mexico border where hundreds of others are stranded following a deal to expel Venezuelan migrants crossing into the United States. The group of people departed around 4 a.m. from the city …

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Boeing sees LatAm air travel taking off as regulations ease, incomes rise

MEXICO CITY, Oct 11 (Reuters) – U.S. planemaker Boeing Co (BA.N) sees travel in Latin America ramping up more quickly than in other regions as countries loosen regulations and household incomes rise, the company’s regional analyst said on Tuesday. Boeing expects Latin American air traffic to grow an average of 4.4% annually over the next …

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Americans changing holiday travel plans due to inflation, survey finds

article FILE – A Christmas tree stands in a terminal at Leipzig-Halle Airport on Dec. 23, 2021, in Schkeuditz, Saxony, Germany. (Photo by Sebastian Willnow/picture alliance via Getty Images) Inflation has sent U.S. consumer prices soaring for groceries, gas, and many other goods and services. It’s also potentially having an impact on the cost of …

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